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Shenzhen Inovance Technology Co Ltd Class A 300124

Morningstar Rating
CNY 50.52 +0.62 (1.24%)
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Price vs Fair Value

300124 is trading at a 785% premium.
Price
CNY 50.52
Fair Value
CNY 96.00
Uncertainty
High
1-Star Price
CNY 43.00
5-Star Price
CNY 28.00
Economic Moat
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Capital Allocation
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News

Trading Information

Previous Close Price
CNY 49.90
Day Range
CNY 49.6551.48
52-Week Range
CNY 49.2275.74
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

Competitors

Valuation

Metric
300124
SU
ABBN
Price/Earnings (Normalized)
30.5927.9824.83
Price/Book Value
5.344.758.02
Price/Sales
4.203.563.24
Price/Cash Flow
43.2623.0924.38
Price/Earnings
300124
SU
ABBN

Financial Strength

Metric
300124
SU
ABBN
Quick Ratio
1.200.900.83
Current Ratio
1.621.221.23
Interest Coverage
29.4912.1619.59
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
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