94.10
+3.52%
Close of 9 Nov 2026, in TWD
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About Sinmag Equipment
Its shares trade on Taipei Exchange under the ticker 1580.TWO. It has been listed since 14 November 2006. In the fiscal year to 31 December 2025, it reported revenue of TWD 4.88bn and net income of TWD 622.5m. At that date it held total assets of TWD 4.55bn and shareholders' equity of TWD 3.21bn.
Sinmag Equipment Corp. engages in wholesaling machinery; retail sale of machinery and equipment; machinery and equipment manufacturing; and international trade. The company is headquartered in Taipei, New Taipei. The company went IPO on 2006-11-14. The firm's products mainly include mixers, split-round shaping machines, flour pressing machines, fermentation machines, ovens, slicers, frying machines, refrigerators, display cabinets and other kitchen equipment. The firm's bakery machines are applied in the production of bread, cakes, moon cakes and pizzas. The firm is also engaged in the provision of labor services. The firm distributes its products within domestic market and to overseas markets, including Americas, Asia, Europe and Africa.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 14 Nov 2006
- Employees
- 745
- Website
- sinmag.com.tw ↗
Leadership
Pay as last reported
- Mr. Shunhe XieChairman of the Board, General Manager, since 1989
- Shujuan XiaoDeputy General Manager, Director, since 2022
- Mingjing XieDeputy General Manager-Management Division, Director
- Yongzheng ChenDeputy General Manager-Overseas Business Division
- Yiwen ChenHead of Accounting, Corporate Governance Officer
- Wenqin WuDirector
- Yaozong WuDirector
- Mr. Kaifeng XiaoDirector
- Mr. Ruirong ZhangDirector
- Yuquan ZhangDirector
- Huihuang HuangIndependent Director
- Mr. Sanqian TuIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Sinmag Equipment Corp. has 745 employees supporting its machinery manufacturing and distribution in Taipei.
- The company's bakery machines are used for bread, cakes, moon cakes, and pizzas production.
- Sinmag distributes kitchen equipment globally to Americas, Asia, Europe, and Africa markets.
Weaknesses
- Sinmag's business includes labor services, which may divert focus from core machinery operations.
- The company's headquarters in Taipei might limit direct access to global markets.
- Sinmag's product range includes only kitchen equipment without diversification into other machinery sectors.
Opportunities
- Expanding bakery machine applications to new markets in Africa and Europe could increase sales.
- Growing demand for kitchen equipment in the Americas presents a significant opportunity.
- The firm's international trade activities can leverage emerging markets in Asia and Africa.
Threats
- Competition in the machinery sector could impact Sinmag's market share in Asia.
- Economic downturns in Europe might reduce demand for bakery machines.
- Overreliance on kitchen equipment could make Sinmag vulnerable to market shifts.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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