Shenzhen Inovance Technology Co Ltd Class A 300124
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if 300124 is a good fit for your portfolio.
News
Trading Information
- Previous Close Price
- CNY 49.90
- Day Range
- CNY 49.65–51.48
- 52-Week Range
- CNY 49.22–75.74
- Bid/Ask
- CNY 50.52 / CNY 50.53
- Market Cap
- CNY 135.30 Bil
- Volume/Avg
- 17.0 Mil / 12.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- 30.59
- Price/Sales
- 4.20
- Dividend Yield (Trailing)
- 0.89%
- Dividend Yield (Forward)
- 0.89%
- Total Yield
- 0.89%
Company Profile
Founded in 2003 by a group of ex-engineers from Huawei and Emerson, Shenzhen Inovance Technology develops and manufactures components used in elevators, automation equipment, robots, new energy vehicles, and railways. A partial list of products includes variable frequency drives—also known as inverters—servo systems, sensors, interfaces and motor controllers. Inovance employs about 22,000 staff, including over 5,400 research and development engineers. Almost 95% of Inovance’s sales are made in China. Its headquarters are in Shenzhen with a large regional office in Suzhou; these major offices are supported by over 10 branches across China.
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Stock Style Box
- Large Growth
- Total Number of Employees
- 23,685
- Website
- http://www.inovance.cn
Competitors
Valuation
Metric
|
300124
|
SU
|
ABBN
|
---|---|---|---|
Price/Earnings (Normalized) | 30.59 | 27.98 | 24.83 |
Price/Book Value | 5.34 | 4.75 | 8.02 |
Price/Sales | 4.20 | 3.56 | 3.24 |
Price/Cash Flow | 43.26 | 23.09 | 24.38 |
Price/Earnings
300124
SU
ABBN
Financial Strength
Metric
|
300124
|
SU
|
ABBN
|
---|---|---|---|
Quick Ratio | 1.20 | 0.90 | 0.83 |
Current Ratio | 1.62 | 1.22 | 1.23 |
Interest Coverage | 29.49 | 12.16 | 19.59 |
Quick Ratio
300124
SU
ABBN
Profitability
Metric
|
300124
|
SU
|
ABBN
|
---|---|---|---|
Return on Assets (Normalized) | 9.50% | 6.93% | 8.77% |
Return on Equity (Normalized) | 18.56% | 15.86% | 27.51% |
Return on Invested Capital (Normalized) | 15.22% | 10.98% | 15.88% |
Return on Assets
300124
SU
ABBN
Electrical Equipment & Parts Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
ABB Ltd
ABLZF
| — | Kwfn | $103.4 Bil | |||
ABB Ltd ADR
ABBNY
| Xpvyrtgmc | Lbkj | $103.4 Bil | |||
OSRAM Licht AG
OSAGF
| — | Yzxg | $52.8 Bil | |||
Mitsubishi Electric Corp ADR
MIELY
| — | Wfrzsp | $33.2 Bil | |||
Mitsubishi Electric Corp
MIELF
| — | Zyjmszl | $33.2 Bil | |||
Vertiv Holdings Co Class A
VRT
| — | Ngqsc | $32.4 Bil | |||
Delta Electronics (Thailand) PCL Shs Foreign Registered
DLEGF
| — | Ssxddp | $28.3 Bil | |||
Hayward Holdings Inc
HAYW
| Lhdzbsc | Hhsknhn | $2.6 Bil | |||
Bloom Energy Corp Class A
BE
| Ffcpmbj | Jlh | $2.6 Bil | |||
Plug Power Inc
PLUG
| Mjtn | Hwpcj | $1.7 Bil |