Shenzhen Inovance Technology Co.,Ltd
300124
Rank in Stocks
#1238
Shenzhen Inovance Technology Co., Ltd. is a Chinese enterprise specializing in... Shenzhen Inovance Technology Co., Ltd. is a Chinese enterprise specializing in the production and distribution of industrial automation and control solutions. The company boasts an extensive product portfolio that encompasses various advanced technologies. This includes industrial automation equipment such as AC drives, programmable logic controllers (PLCs), human-machine interfaces (HMIs), power automation for computer numerical control (CNC) systems, sensors, industrial internet tools, and specialized drive and control systems. Additionally, Inovance develops motion control components like servo drives, servo motors, and robot motion controllers. Its offerings also extend to powertrain systems for both passenger and commercial vehicles, the manufacturing of industrial robots and their constituent parts, mechanical modules, and comprehensive railway traction and control systems. Beyond its core product lines, Inovance delivers bespoke OEM solutions tailored for numerous sectors. These applications span areas like elevators and escalators, general manufacturing automation, cranes, textile printing and dyeing machinery, rubber and plastics processing equipment, metal product and cable production, various industrial machinery, air compressors, printing and packaging equipment, construction material manufacturing, industrial robotics, and machine tool solutions. The company's expertise further caters to diverse industries including rubber, construction, petroleum and petrochemicals, electric power generation, iron and steel metallurgy, chemicals, municipal utilities, and electric vehicle production. Established in 2003, the company maintains its headquarters in Shenzhen, China.
Share Price
$7.47
Market Cap
$18.00B
Change (1 day)
0.02%
Change (1 year)
-32.79%
Country
CN
Trade Shenzhen Inovance Technology Co.,Ltd (300124)
Category
Industrials
P/S ratio for Shenzhen Inovance Technology Co.,Ltd (300124)
P/S ratio as of October 2026 TTM: 2.44
According to Shenzhen Inovance Technology Co.,Ltd latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.44. At the end of 2024 the company had a P/S ratio of 4.24.
P/S ratio history for Shenzhen Inovance Technology Co.,Ltd from 2007 to 2026
P/S ratio at the end of each year
| Year | P/S Ratio | Change |
|---|---|---|
| 2026 (TTM) | 2.44 | -46.14% |
| 2025 | 4.53 | 6.89% |
| 2024 | 4.24 | -22.30% |
| 2023 | 5.45 | -31.48% |
| 2022 | 7.96 | -20.21% |
| 2021 | 9.97 | -28.46% |
| 2020 | 13.94 | 104.81% |
| 2019 | 6.81 | 20.39% |
| 2018 | 5.65 | -42.95% |
| 2017 | 9.91 | 12.97% |
| 2016 | 8.77 | -35.10% |
| 2015 | 13.51 | 32.45% |
| 2014 | 10.20 | -22.86% |
| 2013 | 13.23 | 70.32% |
| 2012 | 7.77 | -31.14% |
| 2011 | 11.28 | -37.82% |
| 2010 | 18.14 | -25.79% |
| 2009 | 24.44 | -35.76% |
| 2008 | 38.05 | -18.53% |
| 2007 | 46.70 | 0.00% |
P/S ratio for similar companies or competitors
| Company | P/S Ratio | P/S Ratio Difference | Country |
|---|---|---|---|
| 4.16 | 70.37% |
CH
|
|
| 1.67 | -31.65% |
CN
|
|
| 5.10 | 108.88% |
IE
|
|
| 12.29 | 403.74% |
TH
|
|
| 7.47 | 206.31% |
US
|
