Inovance Earnings: Cost Inflation Weighs on Margins; Shares Fairly Valued
Inovance's third-quarter revenue grew 19% year on year and net profit increased 24%. However, excluding a sizable one-off fair value gain, recurring net profit declined 5%.
Shenzhen Inovance Technology Co Ltd Class A 300124
Bulls Say, Bears Say
Bulls
Inovance gains market share in process automation, as China increasingly emphasizes technology independence and supply chain security.
Bears
Prolonged global trade uncertainty slows down manufacturing activity, reducing demand for industrial automation products.
Trading Information
- Previous Close Price
- CN¥53.31
- Day Range
- CN¥53.02–57.47
- 52-Week Range
- CN¥48.50–84.05
- Bid/Ask
- CN¥56.16 / CN¥56.17
- Shares Outstanding
- 2.71B
- Market Cap
- CN¥152.25B
- Volume/Avg
- 74M / 28M
Key Statistics
- Price/Earnings (Normalized)
- 30.65
- Price/Sales
- 2.84
- Dividend Yield (Trailing)
- 0.94%
- Dividend Yield (Forward)
- 0.94%
- Dividend Payment Schedule
- Jun
- Total Yield
- 0.94%
Company Profile
Inovance is a leading Chinese industrial automation and new energy parts supplier. It offers a wide array of industry automation products such as variable frequency drives, servo systems, program logic controllers, and industrial robots. It also supplies electric drive and power supply systems for new energy vehicles. Inovance generates more than 90% of revenue from China.
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Stock Style Box
- Large Core
- Total Number of Employees
- 27,292
- Website
- https://www.inovance.com
Competitors
Valuation
|
Metric
|
300124
|
SU
|
6954
|
|---|---|---|---|
Price/Earnings (Normalized) | 30.65 | 25.85 | 30.49 |
Price/Book Value | 3.75 | 5.58 | 2.91 |
Price/Sales | 2.84 | 3.30 | 6.18 |
Price/Cash Flow | 39.97 | 18.37 | 24.04 |
Price/Earnings
300124
SU
6954
Financial Strength
|
Metric
|
300124
|
SU
|
6954
|
|---|---|---|---|
Quick Ratio | 0.95 | 0.81 | 5.42 |
Current Ratio | 1.50 | 1.09 | 7.34 |
Interest Coverage | 37.65 | 12.31 | — |
Quick Ratio
300124
SU
6954
Profitability
|
Metric
|
300124
|
SU
|
6954
|
|---|---|---|---|
Return on Assets (Normalized) | 6.89% | 8.90% | 9.10% |
Return on Equity (Normalized) | 13.70% | 22.32% | 10.18% |
Return on Invested Capital (Normalized) | 11.74% | 13.76% | 9.63% |
Return on Assets
300124
SU
6954
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