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Sinosteel New Materials Co., Ltd. specializes in the production and global distribution of advanced ferrite magnetic components and magnetic separation as well as crushing equipment. The company serves both domestic Chinese markets and international clients. Their product portfolio includes a variety of magnetic materials such as ferrite magnets, which are vital for applications in automotive engines, household appliances, and DC permanent magnet motors. They also offer robust neodymium magnets, encompassing sintered NdFeB magnets and multi-pole ring magnets, alongside manganous-manganic oxide. Furthermore, Sinosteel New Materials provides a comprehensive selection of machinery for material processing. This range features permanent wet drum magnetic separators, drum permanent magnetic separators, multi-pole rising magnetic separators, dry permanent magnetic separators, high-intensity roll-type permanent magnetic separators, and permanent magnetic dehydration tanks. The company, headquartered in Ma'anshan, China, was founded in 2002 and was previously known as Sinosteel Anhui Tianyuan Technology Co.,Ltd.
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FAQ
What is Sinosteel New Materials stock price today?▼
The current price of 002057.SZ is ¥8.88 CNY — it has decreased by -0.78% in the past 24 hours. Watch Sinosteel New Materials stock price performance more closely on the chart.
What is Sinosteel New Materials stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on Shenzhen Stock Exchange exchange Sinosteel New Materials stocks are traded under the ticker 002057.SZ.
Is Sinosteel New Materials stock price growing?▼
002057.SZ stock has fallen by -2.52% compared to the previous week, the month change is a +3.98% rise, over the last year Sinosteel New Materials has showed a -22.85% decrease.
What is Sinosteel New Materials market cap?▼
Today Sinosteel New Materials has the market capitalization of 6.69B
What is Sinosteel New Materials revenue for the last year?▼
Sinosteel New Materials revenue for the last year amounts to 5.27B CNY.
What is Sinosteel New Materials net income for the last year?▼
002057.SZ net income for the last year is 344.52M CNY.
Does Sinosteel New Materials pay dividends?▼
Yes, 002057.SZ dividends are paid semi-annual. The last dividend per share was 0.06 CNY. As of today, Dividend Yield (FWD)% is 1.33%.
How many employees does Sinosteel New Materials have?▼
As of September 06, 2026, the company has 1,072 employees.
In which sector is Sinosteel New Materials located?▼
Sinosteel New Materials operates in the Technology sector.
When did Sinosteel New Materials complete a stock split?▼
The last stock split for Sinosteel New Materials was on June 17, 2019 with a ratio of 1.5:1.
Where is Sinosteel New Materials headquartered?▼
Sinosteel New Materials is headquartered in Maanshan, China.