Added to YB: 2024-08-19
Pitch date: 2024-07-20
300124.SZ [bullish]
Shenzhen Inovance Technology Co.,Ltd
+45.68%
current return
Author Info
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Company Info
Shenzhen Inovance Technology Co.,Ltd manufactures and sells industrial automation control solutions in China and internationally.
Market Cap
CNY 110.5B
Pitch Price
CNY 50.73
Price Target
N/A
Dividend
1.09%
EV/EBITDA
21.19
P/E
22.97
EV/Sales
3.31
Sector
Machinery
Category
value
Show full summary:
Invesco EQV Asia Pacific Equity Fund New Position: Shenzhen Inovance Technology Co.,Ltd
300124.SZ: China's industrial automation leader gaining market share. Benefiting from domestic substitution. Strong ROE, healthy balance sheet, negligible debt. Attractive valuation due to industry weakness, but signs of improving demand/growth. Structurally growing industry.
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