Sinomach Heavy Equipment Group Co., Ltd.
601399
Rank in Stocks
#4660
Sinomach Heavy Equipment Group Co., Ltd. operates globally and within China,... Sinomach Heavy Equipment Group Co., Ltd. operates globally and within China, specializing in the research, development, manufacturing, and distribution of advanced technical and new energy equipment. Its extensive product portfolio encompasses robust heavy-duty castings and specialized forgings. These critical components include protective rings, runner forgings, and high-pressure (HP) and medium-pressure (MP) casing forgings, alongside HP, MP, and low-pressure (LP) rotors, all essential for thermal power generation facilities. The company is also a key provider of nuclear power and industrial pressure vessels. This segment features nuclear pressurized equipment, large-scale chemical industry vessels, and high-pressure containers, alongside specialized equipment for the production of synthetic ammonia, petrochemicals, ethylene, polypropylene, and coal chemicals. Furthermore, Sinomach produces a comprehensive range of driving components, including heavy-duty gear wheels, gears with various hardening treatments (medium hardened and hardened teeth surfaces), reducers, screw-down worm gears, spherical double envelop worms and worm gears, robust heavy-duty spline shafts, spline bushings, diverse racks, coiler mandrel shafts, drum-shaped teeth couplings, spindles, and a variety of other spare parts. The firm also manufactures precision aviation die forgings. Its heavy machinery lineup extends to various crushers, vertical cement grinding mills, dissepiment and vibration feeders, screw sand mixers, heavy-duty soil spreaders, and associated spare parts for industrial applications. Additionally, Sinomach offers a diverse array of lifting equipment, such as gantry cranes, overhead traveling cranes, tower cranes, and other specialized crane types, along with hoists. These are vital for sectors like metallurgy, building and road construction, chemical processing, and the silicate industry. Tracing its origins to 2001, the company was initially known as China Erzhong Group (Deyang) Heavy Industries Co.,Ltd. It underwent a name change to SINOMACH HEAVY EQUIPMENT GROUP CO.,LTD in March 2018. Headquartered in Deyang City, China, it operates as a subsidiary of the prominent China National Machinery Industry Corporation.
Share Price
$0.45068218
Market Cap
$3.25B
Change (1 day)
0.65%
Change (1 year)
-12.06%
Country
CN
Trade Sinomach Heavy Equipment Group Co., Ltd. (601399)
Category
Industrials
P/E ratio for Sinomach Heavy Equipment Group Co., Ltd. (601399)
P/E ratio as of October 2026 TTM: 45.37
According to Sinomach Heavy Equipment Group Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.37. At the end of 2023 the company had a P/E ratio of 48.07.
P/E ratio history for Sinomach Heavy Equipment Group Co., Ltd. from 2005 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 45.37 | -11.76% |
| 2024 | 51.42 | 6.96% |
| 2023 | 48.07 | -11.04% |
| 2022 | 54.04 | -25.71% |
| 2021 | 72.74 | -15.41% |
| 2020 | 86.00 | -4.11% |
| 2019 | 89.68 | 33.14% |
| 2018 | 67.36 | 49.62% |
| 2017 | 45.02 | -50.29% |
| 2016 | 90.57 | -58.32% |
| 2015 | 217.31 | -12,267.67% |
| 2014 | -1.79 | -59.39% |
| 2013 | -4.40 | 22.24% |
| 2012 | -3.60 | -95.15% |
| 2011 | -74.18 | -302.63% |
| 2010 | 36.61 | 62.86% |
| 2009 | 22.48 | -8.84% |
| 2008 | 24.66 | 17.24% |
| 2007 | 21.03 | -71.07% |
| 2006 | 72.70 | -93.38% |
| 2005 | 1.10K | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 53.82 | 18.62% |
US
|
|
| 15.56 | -65.71% |
US
|
|
| - | - |
CN
|
|
| - | - |
IN
|
|
| 56.09 | 23.61% |
CN
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.