Company Overview

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. The company was founded in 2003 and is based in Shenzhen, China.

  • Name

    Shenzhen Inovance Technology Co.,Ltd

  • CEO

    Xingming Zhu

  • Website

    www.inovance.com

  • Sector

    Machinery

  • Year Founded

    2003

Company Statistics

Profile

  • Market Cap

  • EV

  • Shares Out

  • Revenue

  • Employees

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

  • Net

  • FCF

Returns (5Yr Avg)

  • ROA

  • ROTA

  • ROE

  • ROCE

  • ROIC

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

  • Rev 5Yr

  • Rev 10Yr

  • Dil EPS 3Yr

  • Dil EPS 5Yr

  • Dil EPS 10Yr

  • Rev Fwd 2Yr

  • EBITDA Fwd 2Yr

  • EPS Fwd 2Yr

  • EPS LT Growth Est

Dividends

  • Yield

  • Payout

  • DPS

  • DPS Growth 3Yr

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

Bulls Say

  • Inovance will gain market share in industrial automation, especially in process automation, as China increasingly emphasizes technology independence and supply chain security.

  • Inovance’s NEV parts business will outpace industry growth rates as the company expands its presence among the international passenger NEV manufacturers.

  • Inovance is well-prepared to capture the immense market potential of humanoid robots, given its expertise in manufacturing industrial robots and automation components.

Bears Say

  • The global trade uncertainty will be prolonged, slowing down manufacturing activity and reducing demand for its industrial automation products.

  • The profitability of its NEV parts business will be under pressure as competition intensifies in China’s NEV market.

  • The elevator-related business will continue to decline amid a gloomy real estate market outlook in China.

Source: Morningstar Analysis - Oct 27, 2025
SZSE:300124