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Jiangsu Sinojit Wind Energy Technology Co., Ltd. (China)

Main Activities: Engine, Turbine, and Power Transmission Equipment Manufacturing | Machinery, Equipment, and Supplies Merchant Wholesalers
Full name: Jiangsu Sinojit Wind Energy Technology Co., Ltd. Profile Updated: November 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Jiangsu JIXIN Wind Energy Technology Co., Ltd.originally known as Jiangyin JIXIN Machinery Co., Ltd.is located in the prosperous Yangtze River Delta. It was initiated in August, 2004 and put into production on Jan. 28th, 2005. It mainly produces the components of large MW wind turbines, such as hubs, bedplates, beams, shafts, gear boxes and bearing housings. The production process covers casting, machining and surface treatment. As a professional manufacturer of wind turbine castings, our company integrates research and development with production. With continuous technological improvement, our comprehensive strength and operational performance has obtained the leading role in this field, and we are expected to become one of the largest industrial base of wind turbine castings. The company has established stable cooperation and business relationship with GE (U.S.A.), TECO, Suzlon (India), JSW(Japan), Nordex (Germany), IMPSA (Argentina) and other world famous wind power groups. We also have many domestic customers that play a leading role in national wind power industry, such as GOLDWIND Science &Technology Co., Ltd, Sinovel Wind, DEC, XEMC HARA XEMC WindPower Co., Ltd, Shanghai Electric, Nanjing High Speed Gear Manufacturing Co., Ltd..

Headquarters
No. 8, Naxiang Road, Yunting Street Industrial Park, Jiangyin City, Jiangsu Province
Jiangyin; Jiangsu; Postal Code: 214422

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Website: http://www.sinojit.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 19, 2003
Key Executives
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Chairman of the Supervisory Board
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Director
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Director
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Independent Director
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Independent Director
Ownership Details
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21.99%
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5.97%
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5.03%
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1.1%
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0.61%
Subsidiaries
Cangzhou Hongrun New Energy Co., Ltd.
100%
Changzhou Jixin Wind Energy Technology Co., Ltd.
100%
Jiangsu Jixin Renewable Resources Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-7.54%
Total operating revenue
-5.66%
Operating profit (EBIT)
-57.89%
Net Profit (Loss) for the Period
-61.29%
Total assets
-4.9%
Total equity
-0.73%
Operating Profit Margin (ROS)
-5.81%
Net Profit Margin
-5.56%
Return on Equity (ROE)
-1.99%
Debt to Equity Ratio
2.46%
Quick Ratio
0.62%
Cash Ratio
0.11%

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