Sinomach Heavy Equipment Group Co Ltd

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Sinomach Heavy Equipment Group Co Ltd (601399) Price Performance

Sinomach Heavy Equipment Group Co Ltd (601399) trades on SHG in CNY. The company is classified in the Industrials sector under the Metal Fabrication industry. The stock currently trades at CNY4.46, down 1.11% from the previous close.

Over the past year, 601399 has traded between a low of CNY2.82 and a high of CNY6.41. The stock has gained 34.3% over this period. It is currently 30.4% below its 52-week high.

Sinomach Heavy Equipment Group Co Ltd has a market capitalization of $33.33B, with a price-to-earnings ratio of 77.00.

About Sinomach Heavy Equipment Group Co Ltd

SINOMACH HEAVY EQUIPMENT GROUP CO.,LTD researches, develops, designs, manufactures, and sells technical and heavy equipment in China and internationally. The company offers complete sets of equipment, including forging press, hot continuous rolling mill, rubber bladder press, cold rolling mill, new-type slag vertical mill, forging four-beam bridge crane, free forging hydraulic press, wide-and-thick-plate rolling mill, acid unit, continuous casting machine, hot rolling h-type steel mill, dumping plough, tube mill, hot die forging press, and intelligent stretcher; large-scale castings and forgings; heavy pressure vessels; nuclear power products; wind power products; transmission parts; clean energy equipment; heavy petrochemical containers; and other major technical equipment. It provides infrastructure construction, design and general contracting of ports, transportation infrastructure, power transmission and transformation projects, water affairs, environmental protection, and other projects, as well as engineering project design and consulting. SINOMACH HEAVY EQUIPMENT GROUP CO.,LTD was formerly known as China Erzhong Group (Deyang) Heavy Industries Co.,Ltd. and changed its name to SINOMACH HEAVY EQUIPMENT GROUP CO.,LTD in March 2018. The company was founded in 2001 and is based in Deyang, China.