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Sinomach Precision Industry Co Ltd

Sinomach Precision Industry Group Co., Ltd. researches, develops, manufactures, and sells bearings, abrasives, and grinding tools in China. It operates through four segments: Bearings, Abrasives & Grinding Tools, Supply Chain, and Other Management. The company offers bearing products and manufacturing equipment, superhard materials such as grinding wheels and dicing blades, precision cutting tools, and measuring instruments, serving industries including automotive, electronics, aerospace, and photovoltaics. Formerly Sinomach Precision Industry Co., Ltd., it changed its name in October 2023, was founded in 2001, and is based in Zhengzhou, China.

Price · split & dividend adjusted
News & notes moving 002046.CS
002046.CS

Guoji Precision's 2026 interim net profit was 49.0469 million yuan, down 71.89% year-on-year

Guoji Precision released its 2026 interim report. Total operating revenue was 1.535 billion yuan, a decrease of 72.5311 million yuan from the same period last year, down 4.51% year-on-year. Net profit attributable to the parent company was 49.0469 million yuan, a decrease of 125 million yuan from the same period last year, down 71.89% year-on-year. Net cash flow from operating activities was negative 130 million yuan, an increase of 411 million yuan from the same period last year. The company's asset-liability ratio was 30.51%, gross margin was 34.63%, return on equity was 1.13%, and diluted earnings per share was 0.09 yuan.
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