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sinomach automobile co ltd-a (600335) Details

Sinomach Automobile Co., Ltd. provides automotive wholesale trade and retail services in China and internationally. It provides automobile wholesale trade services in import car brands, including Chrysler, Volkswagen, General Motors, Ford, Jaguar, Land Rover, and others. The company also offers automobile retail services in the various brands, such as Jaguar, Land Rover, Audi, Lexus, Infiniti, Volkswagen, Chrysler, JEEP, DODGE, Mitsubishi, GM Opel, Honda, Dongfeng, and Honda. In addition, it exports motor vehicle parts; and provides car rental, car modification, E-commerce and telematics, and industry research and consulting services, as well as engages in used car business. The company was founded in 1993 and is based in Tianjin, China. Sinomach Automobile Co., Ltd. is a subsidiary of China National Machinery Industry Corporation.

4,169 Employees
Last Reported Date: 04/13/16
Founded in 1993

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sinomach automobile co ltd-a (600335) Key Developments

Sinomach Automobile Co. Ltd. Proposes Amendments to its Articles of Association

Sinomach Automobile Co. Ltd. proposed increasing registered capital and amending the articles of association, at the board meeting held on October 12, 2016.

Sinomach Automobile Co. Ltd., Board Meeting, Oct 12, 2016

Sinomach Automobile Co. Ltd., Board Meeting, Oct 12, 2016. Agenda: To discuss and approved the proposal of replacing self-raised funds invested in advance in investment projects financed by raised funds with raised funds; to consider the proposal of using some idle raised funds to temporarily supplement current capital; and to consider the proposal of increasing registered capital and amending the articles of association.

Chinese Firms Targeting Fiat's Comau

Chinese firms including Shanghai Electric Group Company Limited (SEHK:2727) have approached Fiat Chrysler Automobiles N.V. (BIT:FCA) (FCA) to express an interest in buying its Comau robotics business, sources familiar with the matter told Reuters. Sinomach Automobile Co. Ltd. (SHSE:600335) and Shanghai Institute Of Mechanical and Electrical Engineering Co., Ltd. (Simee) have also approached FCA over a possible bid for Comau, hoping to persuade FCA boss Sergio Marchionne to sell welding robots business., one of the sources said. But FCA is currently focused on talks over a potential sale or partnership for its Magneti Marelli and is in no rush to consider options for Comau, sources added.


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Valuation 600335 Industry Range
Price/Earnings 27.2x
Price/Sales 0.2x
Price/Book 2.1x
Price/Cash Flow 29.8x
TEV/Sales 0.1x

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