Last CNY20.16 CNY
Change Today +0.56 / 2.86%
Volume 10.3M
002559 On Other Exchanges
As of 3:00 AM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

jiangsu yawei machine tool-a (002559) Snapshot

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jiangsu yawei machine tool-a (002559) Details

Jiangsu Yawei Machine Tool Co., Ltd. is engaged in the research, development, manufacture, processing, and distribution of sheet shaping machine tool products in China and internationally. Its products include CNC turret punches; laser cutting machines; CNC bending machine; dual-axis CNC bending machine; hydraulic bending machine; CNC cutting; ordinary shears; plate processing systems; and coil processing lines. The company also provides numeric control metal sheet processing machine tools, including numeric control bending machines, rotary-turret stamping machines, plate shears, and laser cutters; and ordinary metal sheet processing machine tools, such as ordinary bending machines and plate shears, as well as numeric control coil processing machines comprising numeric control uncoiling leveling shearing machines and rolling machines. Its products are used in automobile, energy, railway, machinery, metallurgy, ship, aerospace, military, and other industries. The company is based in Yangzhou, China.

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jiangsu yawei machine tool-a (002559) Key Developments

Jiangsu Yawei Machine Tool Co., Ltd. to Report First Half, 2014 Results on Aug 20, 2014

Jiangsu Yawei Machine Tool Co., Ltd. announced that they will report first half, 2014 results on Aug 20, 2014

Reis Gmbh & Co. KG Maschinenfabrik and Jiangsu Yawei Machine Tool Co., Ltd. Form Joint Venture

Reis GmbH & Co. KG Maschinenfabrik and Jiangsu Yawei Machine Tool Co., Ltd. have formed a joint venture (JV), Yawei Reis Robot Manufacturing (Jiangsu) Co., Ltd., to license Reis' linear robots for the Chinese and Asian market. Under the terms of the JV, Jiangsu Yawei will hold a 51% stake, while Reis will hold the remaining 49% stake in the JV. The contract has been concluded for a period of 10 years. The JV will allow Reis to strengthen its brand in China. In addition, the transaction represents a further access for KUKA to the Asian market and will enable it to place its products in the Chinese automation market.

Kuka AG Forms Joint Venture in China with Jiangsu Yawei Machine Tool

Kuka AG formed a joint venture in China with Jiangsu Yawei Machine Tool. Kuka's unit Reis holds a 49% stake in the venture and Yawei owns 51%. The ten-year deal enables Yawei to obtain product licenses, while Kuka gains access to the Asian market.


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Valuation 002559 Industry Range
Price/Earnings 41.5x
Price/Sales 3.8x
Price/Book 2.8x
Price/Cash Flow 40.8x
TEV/Sales 3.1x

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