002046.SZ
Price:
$39.63
Market Cap:
$21.25B
Sinomach Precision Industry Co., Ltd. researches, develops, manufactures, and sells bearings and related parts in China. It offers ordinary and consolidated abrasives; super hard material products; coated abrasives; and testing and industry specific equipment. It serves aerospace, automotive and rail transportation, energy and environmental protection, marine weapons, machine tools, petrochemicals, electronics, metallurgy, construction, and other industries. The company was formerly known as Luoyang Bearing Science & Technology Co.,Ltd and changed its name to Sinomach Precision Industry Co., Ltd. in December 2020. Sinomach Precision Industry Co., Ltd. was founded in 2001 and is based in Zhen...[Read more]
Industry
Industrial - Machinery
IPO Date
2005-05-26
Stock Exchange
SHZ
Ticker
002046.SZ
According to Sinomach Precision Industry Co.,Ltd.’s latest financial reports and current stock price. The company's current ROE is 6.87%. This represents a change of 294.64% compared to the average of 1.74% of the last 4 quarters.
The mean historical ROE of Sinomach Precision Industry Co.,Ltd. over the last ten years is 2.52%. The current 6.87% ROE has changed 173.10% with respect to the historical average. Over the past ten years (40 quarters), 002046.SZ's ROE was at its highest in in the June 2023 quarter at 3.80%. The ROE was at its lowest in in the December 2015 quarter at -11.99%.
Average
2.52%
Median
3.33%
Minimum
-14.66%
Maximum
8.04%
Discovering the peaks and valleys of Sinomach Precision Industry Co.,Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 120.70%
Maximum Annual ROE = 8.04%
Minimum Annual Increase = -1242.94%
Minimum Annual ROE = -14.66%
| Year | ROE | Change |
|---|---|---|
| 2024 | 8.04% | 1.67% |
| 2023 | 7.91% | 5.00% |
| 2022 | 7.54% | 70.65% |
| 2021 | 4.42% | 96.69% |
| 2020 | 2.25% | 120.70% |
| 2019 | 1.02% | 18.05% |
| 2018 | 0.86% | 10.59% |
| 2017 | 0.78% | -88.87% |
| 2016 | 7.00% | -147.75% |
| 2015 | -14.66% | -1242.94% |
The current ROE of Sinomach Precision Industry Co.,Ltd. (002046.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
7.83%
5-year avg
6.03%
10-year avg
2.52%
Sinomach Precision Industry Co.,Ltd.’s ROE is less than Jiangsu Haili Wind Power Equipment Technology Co., Ltd. (5.86%), less than Yantai Eddie Precision Machinery Co., Ltd. (10.70%), less than Kaishan Group Co., Ltd. (6.16%), less than BOZHON Precision Industry Technology Co.,Ltd (10.49%), less than Windey Energy Technology Group Co., Ltd. (7.13%), less than Guangdong Create Century Intelligent Equipment Group Corporation Limited (7.33%), less than Xi'an Shaangu Power Co., Ltd. (11.15%), less than Weichai Heavy Machinery Co., Ltd. (11.22%), less than Riyue Heavy Industry Co., Ltd. (5.38%), less than Wuxi Huaguang Environment & Energy Group Co.,Ltd. (6.41%),
| Company | ROE | Market cap |
|---|---|---|
| 5.86% | $13.90B | |
| 10.70% | $15.49B | |
| 6.16% | $13.81B | |
| 10.49% | $14.62B | |
| 7.13% | $14.45B | |
| 7.33% | $15.36B | |
| 11.15% | $17.13B | |
| 11.22% | $12.06B | |
| 5.38% | $13.02B | |
| 6.41% | $16.17B |
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