Shenzhen Inovance Technology Co.,Ltd

Equities

300124

CNE100000V46

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
59.29 ^CNY	+3.24%		-3.22%	-6.10%

Apr. 24	Nomura Adjusts Shenzhen Inovance Technology’s Price Target to 70 Yuan From 76 Yuan, Keeps at Buy	MT
Apr. 22	Shenzhen Inovance Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Tranche Update on Shenzhen Inovance Technology Co.,Ltd's Equity Buyback Plan announced on March 18, 2022.

June 16, 2022 at 07:44 am EDT

From April 1, 2022 to April 27, 2022, the company has repurchased 70,000 shares, representing 0.002659% for CNY 3.53 million. With this, the company has completed the repurchase of 2,743,336 shares, representing 0.1% for CNY 153.39 million under the buyback announced on March 18, 2022.

Latest news about Shenzhen Inovance Technology Co.,Ltd

Nomura Adjusts Shenzhen Inovance Technology’s Price Target to 70 Yuan From 76 Yuan, Keeps at Buy	Apr. 24	MT
Shenzhen Inovance Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 22	CI
Shenzhen Inovance's 2023 Profit Jumps 10% as Revenue Grows 32%	Apr. 04	MT
Shenzhen Inovance Technology Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 03	CI
Tranche Update on Shenzhen Inovance Technology Co.,Ltd's Equity Buyback Plan announced on February 26, 2024.	Apr. 01	CI
Shenzhen Inovance Technology Co.,Ltd announces an Equity Buyback for CNY 100 million worth of its shares.	Feb. 26	CI
Shenzhen Inovance Technology Co.,Ltd authorizes a Buyback Plan.	Feb. 25	CI
Majority of Shenzhen Stock Exchange-Listed Firms Post Profit Growth in 2023	Jan. 31	MT
China Robotics Companies Gain as Government Signals Industry Support	Nov. 03	DJ
Listed Shenzhen Firms Post 7% Drop in Profit, 4% Rise in Revenue in January-September Period	Nov. 01	MT
Shenzhen Inovance Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2023	23-10-26	CI
Shenzhen Stock Exchange Launches SZSE 50 Index	23-10-18	MT
Nomura Adjusts Shenzhen Inovance Technology's Price Target to 76 Yuan From 74 Yuan, Keeps at Buy	23-10-18	MT
Jefferies Adjusts Shenzhen Inovance Technology’s Price Target to 68.33 Yuan From 58.57 Yuan, Keeps at Hold	23-08-23	MT
Inovance Technology’s H1 Profit Rises 5%, Revenue Tops Estimate	23-08-22	MT
Shenzhen Inovance Technology Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-15	CI
Shenzhen Inovance Technology Co.,Ltd implements final profit distribution plan of A shares for 2022, Payable on 12 June 2023	23-06-06	CI
Shenzhen Inovance Technology Co.,Ltd Approves the Cash Dividend/10 Shares (Tax Included) for 2022	23-05-30	CI
Tranche Update on Shenzhen Inovance Technology Co.,Ltd's Equity Buyback Plan announced on April 24, 2023.	23-04-26	CI
Nomura Adjusts Shenzhen Inovance Technology's Price Target to 74 Yuan From 78 Yuan, Keeps at Buy	23-04-26	MT
Shenzhen Inovance Technology Co.,Ltd's Equity Buyback announced on April 24, 2023, has closed with 742,100 shares, representing 0.03% for CNY 45.49 million.	23-04-25	CI
Shenzhen Inovance Technology Co.,Ltd Proposes Cash Dividend for 2022	23-04-25	CI
Inovance Technology’s Q1 Profit Rises 4%; Flat Revenue Misses Expectation	23-04-24	MT
Shenzhen Inovance Technology Co.,Ltd announces an Equity Buyback for CNY 50 million worth of its shares.	23-04-24	CI
Shenzhen Inovance Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-24	CI

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Company Profile

Shenzhen Inovance Technology Co., Ltd. specializes in the design, development and marketing of industrial automation solutions and systems. Net sales break down by family of products as follows: - industrial automation systems (87.2%): variable speed drives, frequency converters, inverters, electrical voltage control and monitoring systems, control and drive systems, robots, etc.; - others (12.8%): new energy vehicles and rail transport systems. China accounts for 95.7% of net sales.

Sector

Electrical Components & Equipment

Calendar

2024-05-17 - Annual General Meeting

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Ratings for Shenzhen Inovance Technology Co.,Ltd

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

59.29 CNY

Average target price

74.48 CNY

Spread / Average Target

+25.62%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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