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Shenzhen Inovance Technology Co Ltd Class A 300124

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Stock XSHE Rating as of
CN¥56.16 +2.85 (5.35%)
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As of Delayed Price Closed

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Cost Inflation Weighs on Inovance's Earnings

Cheng Wang

In over 20 years, Inovance has grown into China’s largest domestic supplier of industrial automation solutions, with products spanning information, control, drive, execution, and sensing layers. It has leading market shares in general-purpose servo systems, variable-frequency drives, small programmable logic controllers, and industry robots. Inovance adopts a technology-driven and sector-focused strategy, offering customized industry solutions. This strategy helped the company establish a strong position in industries like solar photovoltaics, injection molding machines, and lithium-ion batteries.

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Price vs Fair Value

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300124 is trading at a LOCK|#BGgLX premium.
Price
CN¥53.31
Fair Value
%?
Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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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.

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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

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Metric
300124
SU
6954
Price/Earnings (Normalized)
 30.6525.8530.49
Price/Book Value
 3.755.582.91
Price/Sales
 2.843.306.18
Price/Cash Flow
 39.9718.3724.04
Price/Earnings
300124
SU
6954

Financial Strength

Metric
300124
SU
6954
Quick Ratio
 0.950.815.42
Current Ratio
 1.501.097.34
Interest Coverage
 37.6512.31—
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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