300124 Stock Overview
Shenzhen Inovance Technology Co., Ltd. engages in the manufacture and sale of industrial automation control products in China.
Shenzhen Inovance TechnologyLtd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥64.85|
|52 Week High||CN¥89.05|
|52 Week Low||CN¥47.50|
|1 Month Change||1.17%|
|3 Month Change||14.27%|
|1 Year Change||-15.22%|
|3 Year Change||308.38%|
|5 Year Change||296.88%|
|Change since IPO||362.11%|
Recent News & Updates
|300124||CN Machinery||CN Market|
Return vs Industry: 300124 underperformed the CN Machinery industry which returned 0% over the past year.
Return vs Market: 300124 underperformed the CN Market which returned -6.8% over the past year.
|300124 Average Weekly Movement||6.3%|
|Machinery Industry Average Movement||7.2%|
|Market Average Movement||7.2%|
|10% most volatile stocks in CN Market||10.2%|
|10% least volatile stocks in CN Market||5.0%|
Stable Share Price: 300124 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 300124's weekly volatility (6%) has been stable over the past year.
About the Company
Shenzhen Inovance Technology Co., Ltd. engages in the manufacture and sale of industrial automation control products in China. The company offers industrial automation products, including AC drives, PLC, HMI, power automation CNC, sensors, industrial internet, and industry-specific drive and control systems; motion controls comprising servo drives, servo motors, and robot motion controller; passenger and commercial car powertrain; industrial robots and industrial robot components; mechanical modules; and railway traction and control systems. It also offers OEM industry solutions comprising elevators and escalators, manufacturing automation, cranes, textile printing and dyeing, rubber and plastics machinery, metal products and cables, industrial machinery, air compressors, printing and packaging, construction materials, industrial robotics, machine tool solutions; and rubber, construction materials, petroleum and petrochemical, electric power, iron/steel and metallurgy, chemical, municipal utilities, and electric vehicles industries.
Shenzhen Inovance TechnologyLtd Fundamentals Summary
|300124 fundamental statistics|
Is 300124 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|300124 income statement (TTM)|
|Cost of Revenue||CN¥12.60b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.38|
|Net Profit Margin||18.88%|
How did 300124 perform over the long term?See historical performance and comparison
0.5%Current Dividend Yield
Is 300124 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 300124?
Other financial metrics that can be useful for relative valuation.
|What is 300124's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 300124's PE Ratio compare to its peers?
|300124 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
300450 Wuxi Lead Intelligent EquipmentLTD
601100 Jiangsu Hengli HydraulicLtd
002050 Zhejiang Sanhua Intelligent ControlsLtd
000039 China International Marine Containers (Group)
300124 Shenzhen Inovance TechnologyLtd
Price-To-Earnings vs Peers: 300124 is expensive based on its Price-To-Earnings Ratio (46.9x) compared to the peer average (38.2x).
Price to Earnings Ratio vs Industry
How does 300124's PE Ratio compare vs other companies in the CN Machinery Industry?
Price-To-Earnings vs Industry: 300124 is expensive based on its Price-To-Earnings Ratio (46.9x) compared to the CN Machinery industry average (33.7x)
Price to Earnings Ratio vs Fair Ratio
What is 300124's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||46.9x|
|Fair PE Ratio||32.2x|
Price-To-Earnings vs Fair Ratio: 300124 is expensive based on its Price-To-Earnings Ratio (46.9x) compared to the estimated Fair Price-To-Earnings Ratio (32.2x).
Share Price vs Fair Value
What is the Fair Price of 300124 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 300124 (CN¥64.85) is trading above our estimate of fair value (CN¥58.18)
Significantly Below Fair Value: 300124 is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: 300124 is poor value based on its PEG Ratio (2.2x)
Discover undervalued companies
How is Shenzhen Inovance TechnologyLtd forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 300124's forecast earnings growth (21% per year) is above the savings rate (3.2%).
Earnings vs Market: 300124's earnings (21% per year) are forecast to grow slower than the CN market (23.9% per year).
High Growth Earnings: 300124's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 300124's revenue (21% per year) is forecast to grow faster than the CN market (17.5% per year).
High Growth Revenue: 300124's revenue (21% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 300124's Return on Equity is forecast to be high in 3 years time (24.6%)
Discover growth companies
How has Shenzhen Inovance TechnologyLtd performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 300124 has a high level of non-cash earnings.
Growing Profit Margin: 300124's current net profit margins (18.9%) are lower than last year (19.2%).
Past Earnings Growth Analysis
Earnings Trend: 300124's earnings have grown significantly by 30.5% per year over the past 5 years.
Accelerating Growth: 300124's earnings growth over the past year (41.6%) exceeds its 5-year average (30.5% per year).
Earnings vs Industry: 300124 earnings growth over the past year (41.6%) exceeded the Machinery industry 2.5%.
Return on Equity
High ROE: 300124's Return on Equity (21.9%) is considered high.
Discover strong past performing companies
How is Shenzhen Inovance TechnologyLtd's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 300124's short term assets (CN¥19.5B) exceed its short term liabilities (CN¥11.2B).
Long Term Liabilities: 300124's short term assets (CN¥19.5B) exceed its long term liabilities (CN¥483.4M).
Debt to Equity History and Analysis
Debt Level: 300124 has more cash than its total debt.
Reducing Debt: 300124's debt to equity ratio has increased from 11.2% to 13.2% over the past 5 years.
Debt Coverage: 300124's debt is well covered by operating cash flow (62.9%).
Interest Coverage: 300124 earns more interest than it pays, so coverage of interest payments is not a concern.
Discover healthy companies
What is Shenzhen Inovance TechnologyLtd current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 300124's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.48%).
High Dividend: 300124's dividend (0.46%) is low compared to the top 25% of dividend payers in the CN market (1.92%).
Stability and Growth of Payments
Stable Dividend: 300124's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300124's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.6%), 300124's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (146.2%), 300124's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Xingming Zhu (55 yo)
Mr. Xingming Zhu serves as the Chairman and General Manager at Shenzhen Inovance Technology Co., Ltd.
Experienced Board: 300124's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.
Shenzhen Inovance Technology Co.,Ltd's employee growth, exchange listings and data sources
- Name: Shenzhen Inovance Technology Co.,Ltd
- Ticker: 300124
- Exchange: XSEC
- Founded: 2003
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: CN¥170.790b
- Shares outstanding: 2.63b
- Website: https://www.inovance.cn
Number of Employees
- Shenzhen Inovance Technology Co.,Ltd
- Building E, Hongwei Industrial Park
- Floor 1, 2, 3, 4, 5
- Guangdong Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/03 00:00|
|End of Day Share Price||2022/07/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.