Shenzhen Inovance Technology Co.,Ltd

Equities

300124

CNE100000V46

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. Other stock markets 23:00:00 30/06/2024 BST			5-day change	1st Jan Change
49.9 ^CNY	-2.73%		-2.12%	-20.97%

06-27	Tranche Update on Shenzhen Inovance Technology Co.,Ltd's Equity Buyback Plan announced on February 26, 2024.	CI
06-26	Shenzhen Inovance Technology Co.,Ltd's Equity Buyback announced on February 26, 2024 has closed with 1,218,700 shares, representing 0.05% for CNY 70.03 million.	CI

Tranche Update on Shenzhen Inovance Technology Co.,Ltd's Equity Buyback Plan announced on February 26, 2024.

June 27, 2024 at 12:36 pm

From April 1, 2024 to June 26, 2024, the company has repurchased 918,700 shares, representing 0.03% for CNY 51.47 million. With this, the company has completed the repurchase of 1,218,700 shares, representing 0.05% for CNY 70.03 million under the buyback announced on February 26, 2024.

Latest news about Shenzhen Inovance Technology Co.,Ltd

Tranche Update on Shenzhen Inovance Technology Co.,Ltd's Equity Buyback Plan announced on February 26, 2024.	06-27	CI
Shenzhen Inovance Technology Co.,Ltd's Equity Buyback announced on February 26, 2024 has closed with 1,218,700 shares, representing 0.05% for CNY 70.03 million.	06-25	CI
Nomura Adjusts Inovance Technology’s Price Target to 65 Yuan From 70 Yuan, Keeps at Buy	06-21	MT
Shenzhen Inovance Technology Co.,Ltd Announces Dividend Implementation for 2023, Payable on 30 May 2024	05-22	CI
Shenzhen Inovance Technology Co.,Ltd Approves Cash Dividend for 2023	05-20	CI
Shenzhen Inovance Technology Co.,Ltd Approves Board Appointments	05-20	CI
Nomura Adjusts Shenzhen Inovance Technology’s Price Target to 70 Yuan From 76 Yuan, Keeps at Buy	04-24	MT
Shenzhen Inovance Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	04-22	CI
Shenzhen Inovance's 2023 Profit Jumps 10% as Revenue Grows 32%	04-04	MT
Shenzhen Inovance Technology Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2023	04-03	CI
Tranche Update on Shenzhen Inovance Technology Co.,Ltd's Equity Buyback Plan announced on February 26, 2024.	04-01	CI
Shenzhen Inovance Technology Co.,Ltd announces an Equity Buyback for CNY 100 million worth of its shares.	02-26	CI
Shenzhen Inovance Technology Co.,Ltd authorizes a Buyback Plan.	02-25	CI
Majority of Shenzhen Stock Exchange-Listed Firms Post Profit Growth in 2023	02-01	MT
China Robotics Companies Gain as Government Signals Industry Support	11-03	DJ
Listed Shenzhen Firms Post 7% Drop in Profit, 4% Rise in Revenue in January-September Period	11-02	MT
Shenzhen Inovance Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2023	26/10/23	CI
Shenzhen Stock Exchange Launches SZSE 50 Index	19/10/23	MT
Nomura Adjusts Shenzhen Inovance Technology's Price Target to 76 Yuan From 74 Yuan, Keeps at Buy	18/10/23	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	22/08/23	MT
Shenzhen Inovance Technology Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2023	15/08/23	CI
Shenzhen Inovance Technology Co.,Ltd implements final profit distribution plan of A shares for 2022, Payable on 12 June 2023	06/06/23	CI
Shenzhen Inovance Technology Co.,Ltd Approves the Cash Dividend/10 Shares (Tax Included) for 2022	30/05/23	CI
Tranche Update on Shenzhen Inovance Technology Co.,Ltd's Equity Buyback Plan announced on April 24, 2023.	26/04/23	CI

Chart Shenzhen Inovance Technology Co.,Ltd

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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

19/08/2024 - Q2 2024 Earnings Release (Projected)

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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

49.9 CNY

Average target price

73.14 CNY

Spread / Average Target

+46.57%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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