Company profile
Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A.
RUC 1790845923001 · Quito, Pichincha
Registry data
- RUC
- 1790845923001
- Legal name
- SOCIEDAD ITALO ECUATORIANA DE ABRASIVOS S.A. S.I.E.A.
- Trade name
- SIEA S.A.
- Company type
- Stock corporation (S.A.)
- Size segment (SCVS)
- Small · 2025
- Incorporation date
- March 30, 1988
- Start of activities (SRI)
- March 30, 1988
- Subscribed capital
- $3,344
- Economic activity
- Manufacture of millstones, sharpening and polishing stones and natural and artificial abrasive products, including abrasive products on a flexible base such as sandpaper
- ISIC code
- C2399.01
- Last year with filed statements
- 2025
- Address
- Bartolome Sanchez N72-221, Enrique Guerrero Portilla, Bartolome Sanchez
- Location
- Quito, Pichincha
- Region
- Sierra
- Phone
- 022483311
Financial statements
- Current ratio
- 4.07
- Debt ratio
- 26.7%
- Net margin
- 14.6%
- Return on equity (ROE)
- 4.0%
- Revenue vs 2024
- +32.8%
The income statement · 2025
- Revenue $611,487
- Cost of sales $346,211
- Expenses $135,026
- Net result $89,483
Balance sheet structure · 2025
What it owns
- Current assets $2,802,149 92%
- Non-current assets $257,443 8%
How it is financed
- Current liabilities $688,950 23%
- Non-current liabilities $128,804 4%
- Equity $2,241,838 73%
“Current” means within one year: what can be turned into cash, or what has to be paid, in that span.
| Year | Revenue | Net result | Assets | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | $611,487 | $89,483 | $3,059,592 | $2,241,838 | 10 |
| 2024 | $460,604 | $74,079 | $3,122,554 | $2,152,355 | 9 |
| 2023 | $639,355 | $79,253 | $3,041,324 | $2,078,276 | 9 |
| 2022 | $524,796 | $5,133 | $2,129,654 | $2,028,690 | 9 |
| 2021 | $442,110 | $50,377 | $2,132,156 | $2,023,557 | 11 |
| 2020 | $442,321 | $74,302 | $2,107,990 | $1,973,180 | 13 |
| 2019 | $714,051 | $144,419 | $2,116,266 | $1,860,101 | 11 |
| 2018 | $993,506 | $341,251 | $2,870,228 | $2,658,933 | 9 |
| 2017 | $1,090,006 | $257,614 | $2,706,655 | $1,915,465 | 10 |
| 2016 | $1,184,154 | $249,325 | $2,945,356 | $2,088,099 | 8 |
| 2015 | $1,242,395 | $315,636 | $2,665,854 | $1,838,774 | 2 |
| 2014 | $1,445,765 | $395,707 | $2,401,550 | $1,523,138 | 2 |
| 2013 | $1,585,219 | $435,187 | $2,185,452 | $1,495,006 | 2 |
| 2012 | $1,541,149 | $461,193 | $1,377,661 | $1,090,764 | 2 |
| 2011 | $1,316,680 | $545,254 | $852,772 | $453,103 | 17 |
| 2010 | $1,092,565 | $513,877 | $769,688 | $428,484 | 19 |
| 2009 | $1,007,388 | $306,263 | $581,579 | $407,194 | 17 |
| 2008 | $903,294 | $292,954 | $574,527 | $393,884 | 15 |
| 2007 | $850,685 | $267,648 | $509,423 | $341,813 | — |
| 2006 | $674,970 | $196,676 | $517,001 | $270,841 | — |
| 2005 | $550,968 | −$2,796 | $420,454 | $222,952 | — |
| 2004 | $544,206 | $137,223 | $436,656 | $206,040 | — |
| 2003 | $558,456 | $143,176 | $395,990 | $293,637 | — |
| 2002 | $616,408 | $167,928 | $391,503 | $332,288 | — |
| 2001 | $403,826 | $100,418 | $387,063 | $226,509 | — |
| 2000 | $343,479 | $73,123 | $221,212 | $203,302 | — |
In 2025 it recorded revenue of $611,487 and a net result of $89,483, a margin of 14.6%.
Its 2025 revenue exceeds that of 79.6% of the 95,463 companies in the country that recorded sales that year. In Pichincha, it exceeds 79.4% of the 32,639 on record.
Within its activity (ISIC code C239, 184 companies with sales), its revenue exceeds that of 52.7%; the trade’s typical margin was 1.5%.
Values in US dollars, as filed with the Superintendencia de Compañías, Ecuador’s corporate regulator.
Tax status (SRI)
updated September 6, 2026- Phantom taxpayer: No
- Nonexistent transactions: No
- Tax regime
- General regime The set of rules under which it files its taxes
- Required to keep accounting books
- Yes
- Withholding agent
- Yes When paying third parties, it withholds taxes and remits them to the SRI
- Special taxpayer
- No Designated by the SRI for its size, with additional filing obligations
- Start of activities
- March 30, 1988
Establishments · 1 registered, 1 open
- HEAD OFFICE Pichincha / Quito / Carcelén / Bartolome Sanchez N72-221 y Enrique Guerrero Open
Tax status according to the public records of the SRI (Servicio de Rentas Internas, the national tax authority). The risk designations are the SRI’s, not a rating by this site: phantom taxpayer means the SRI considers the company to have no real activity at its declared address, and nonexistent transactions means it invoiced operations the SRI determined never took place.
Where it operates
It has 1 open establishment in Pichincha.
Cayambe · 0 companiesMejia · 0 companiesPedro Moncayo · 0 companiesPedro Vicente Maldonado · 0 companiesPuerto Quito · 0 companiesQuito · 1 companiesRuminahui · 0 companiesSan Miguel de los Bancos · 0 companies Point at or tap a canton to see its figure
Cantons of the province. Each canton links to its listing. Boundaries: geoBoundaries (CC BY 4.0).
Cantons with a presence
- Quito head office 1 location
Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated September 6, 2026. The location is the province and canton on record, not each site’s exact address.
Activity classification (ISIC)
- Manufacturing
- Manufacture of other non-metallic mineral products
- Manufacture of non-metallic mineral products n.e.c.
- Manufacture of other non-metallic mineral products n.e.c.
- Manufacture of millstones, sharpening and polishing stones and natural and artificial abrasive products, including abrasive products on a flexible base such as sandpaper
Frequently asked questions
What is the RUC of Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A.?
The RUC (taxpayer registration number) of SOCIEDAD ITALO ECUATORIANA DE ABRASIVOS S.A. S.I.E.A. is 1790845923001, according to Ecuador’s public corporate registry.
Is Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A. active?
Yes. Its legal status in the registry is Activa.
What trade name does Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A. use?
It operates under the trade name SIEA S.A., according to the SRI’s RUC registry.
What does Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A. do?
Its registered economic activity (ISIC C2399.01) is: Manufacture of millstones, sharpening and polishing stones and natural and artificial abrasive products, including abrasive products on a flexible base such as sandpaper
Where is Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A. located?
Its registered address is in Quito, province of Pichincha, Ecuador.
When was Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A. incorporated?
It was incorporated on March 30, 1988, as a stock corporation (s.a.).
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Corporate information from official public records of Ecuador · where this data comes from