002046.SZ
002046.SZ
CNE000001LY1
SINOMACH-PI
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Company Profile

Sinomach Precision Industry Group Co., Ltd. engages in the research, development, manufacture, and sale of bearings, abrasives, and grinding tools in China. The company operates through Bearings Business Segment, Abrasives & Grinding Tools Business Segment, Supply Chain Business Segment, and Other Management Business Segment. It offers bearing products, bearing manufacturing equipment, electric spindle and spindle units, and bearing inspection, testing and analysis, industry standard formulation and revision, bearing industry training, bearing trade, and other services. The company also provides super hard materials and products, such as V-CBN grinding wheels for crankshafts/camshafts, ultra-thin cutting wheels and dicing blades for semiconductor packaging, dicing blades for wafer dicing, grinding wheels for polycrystalline and monocrystalline silicon, grinding wheels for LEDs, grinding wheels for CNC tool grinders, ceramic carriers for CMP, diamond polishing slurries, etc.; and bonded and coated abrasives. In addition, it offers precision cutting tools, including cemented carbide oil pipe threading, CNC, superhard, hole-making, bearing, and automotive tools; gear measuring instruments, laser interferometers, active and stationary measuring instruments, PVD, CVD, and PCVD coating technologies and services, and QPQ salt bath composite treatment technology and equipment. Further, the company provides industry, technical consulting, and trade services. It serves automotive, electronics, LED, photovoltaic, tools, refrigeration, aerospace, high-speed rail, electronics, bearing, metal, sheet metal, and jewelry industries. The company was formerly known as Sinomach Precision Industry Co., Ltd. and changed its name to Sinomach Precision Industry Group Co., Ltd. in October 2023. Sinomach Precision Industry Group Co., Ltd. was founded in 2001 and is based in Zhengzhou, China.

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Key Metrics & Overview

Detailed metrics & financial data of the company

Company Profile
5 Metrics

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High
5Y Volatility
54.5% p.a.
Max Drawdown (5Y)
-58.7%
Sharpe Ratio (5Y)
0.59
Beta Factor
0.84
Size Class
Large Cap
Notes & Warnings
Single Stock Risk: Investing in an individual stock carries full company and insolvency risk (no fund diversification).
Exemplary balance sheet strength: Very solid ratio of equity to debt.
🔴 High valuation risk: Avg P/E of 221.2 (Elevated multiple compression risk)
Strong cyclicality: The business model is sensitive to economic downturns.
🔴 Low analyst coverage – higher uncertainty in growth estimates & projections
Elevated Short-Term Volatility: 3Y volatility (58.8%) is noticeably higher than the 5Y average (54.5%).
Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (54.5% p.a.).
Historical Stress Test: Maximum peak-to-trough drawdown of -67.3% in the extended horizon.
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