Professional
Added to YB: 2024-08-22
Pitch date: 2024-07-25
300124.SZ [bullish]
Shenzhen Inovance Technology Co.,Ltd
+62.34%
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 45.52
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:
Polen Emerging Markets Growth New Position: Shenzhen Inovance Technology Co.,Ltd
300124.SZ: China's industrial automation leader, 33% 10yr sales CAGR. 15-20%+ growth expected from industry expansion & market share gains. Strong vs competitors, high margins & ROIC. Net cash, 25% dividend payout. Weak China sentiment lowered valuation, opportunity to buy great business at fair price.
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