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| Machine Tool Scoreboard Details | Back to Scoreboard Page 3 | |||||||
| Shenyang Machine Tool (Group) Co. | Country: | China | ||||||
| 10-1 Beierdong Rd., Tiexi District, Shenyang, Liaoning Prov. 110025, China. Phone +86-24-25878001 | ||||||||
| www.smtcl.com | Brands: | Shenyang, Schiess, Liaoning Precsn, Yunnan CY | ||||||
| www.schiess.de | ||||||||
| Listed: Gov't-held stock company. Shenzhen Stock Exchange, Symbol Code 000410 | ||||||||
| Known as volume builder of low-end machines. Founded 1993 in absorption of several local plants. Holding company now includes Shenyang No.1 M-T Works, China Czech Friendship Works, China-Czech Radial Drilling Machine Works, Shenyang CNC Machine Tool Works, Shenyang Prima Laser, Liaoning Precision Apparatus Works, plus other entities like captive foundry. Acquires machine-tool builer Schiess (Germany; 2002 revenues $30-million) Nov. 2004 and Yunnan CY Group (China) Jan. 2005. | ||||||||
| Values in Millions | ||||||||
| Fiscal Year Ended | Dec. 2009 | Change | Dec. 2008 | Change | Dec. 2007 | |||
| Total Revenue, yuan renminbi | 12,061.9 | 7% | 11,284.5 | 12% | 10,112.6 | |||
| M-T Revenue, yuan renminbi | 12,061.9 | 7% | 11,284.5 | 12% | 10,112.6 | |||
| Net Profit (Loss), yuan renminbi | na | na | na | |||||
| U.S. $ Conversion Factor | 0.1467 | 0.1442 | 0.1317 | |||||
| Total Revenue, U.S. $ | 1,769.5 | 9% | 1,627.2 | 22% | 1,331.8 | |||
| M-T Revenue, U.S. $ | 1,769.5 | 9% | 1,627.2 | 22% | 1,331.8 | |||
| Net Profit (Loss), U.S. $ | na | na | na | |||||
| Financial Notes: | ||||||||
| Largest member of Group is Shenyang Machine Tool Co. Ltd. (a public company), which had operating revenues of CNY5,977.7-million ($877-million), down 8.7% from 2008, and net profit of CNY27.0-million ($3.9-million), up 21%%. May 2010 Shenyang Machine Tool Co. Ltd. received 75-million-yuan grant from local development zone for testing and product development. | ||||||||