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Grupo Simec, S.A.B. DE C.V. (Mexico)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing | Iron and Steel Forging
Full name: Grupo Simec, S.A.B. DE C.V. Profile Updated: September 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Grupo Simec S.A.B. de C.V. is a manufacturer of steel and steel products, founded in 1969 and acquired by Industrias CH, S.A. de C.V. in 2001. Simec is a mini-steel manufacturer of non-flat steel products with a wide range of structural profiles, commercial profiles, rod and special steel, which are used mainly in the construction, automotive and manufacturing industries. Simec operates indirectly through its subsidiary Compania Siderurgica de California and the non-flat steel plant located in the city of Mexicali.

Headquarters
Av. Lazaro Cardenas 601 La Nogalera
Guadalajara; Jalisco; Postal Code: 44440

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Website: http://gsimec.com.mx

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:
August 22, 1990
Key Executives
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President
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Chief Executive Officer
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Chief Financial Officer
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Secretary
Ownership Details
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55.3%
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20%
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1.2%
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0.9%
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0.5%
Subsidiaries
Acero Transportes San S.A. De C.V.
Aceros Especiales Simec Tlaxca S.A. De C.V.
Aceros Especiales Simec Tlaxcala S.A. De C.V.
Company Performance
Financial values in the chart are available after Grupo Simec, S.A.B. DE C.V. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net sales revenue
-23.37%▼
Total operating revenue
-23.55%▼
Operating profit (EBIT)
-33.49%▼
EBITDA
-30.9%▼
Net Profit (Loss) for the Period
124.95%▲
Total assets
8.98%▲
Total equity
13.84%▲
Operating Profit Margin (ROS)
-2.72%▼
Net Profit Margin
22.8%▲
Return on Equity (ROE)
7.39%▲
Debt to Equity Ratio
0%
Quick Ratio
0.36%▲
Cash Ratio
0.41%▲

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