Shenzhen Inovance Technology Co.,Ltd
300124.SZ

$21.72 B
Marketcap
$8.15
Share price
Country
$-0.05
Change (1 day)
$10.27
Year High
$5.37
Year Low

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.

marketcap

P/B ratio for Shenzhen Inovance Technology Co.,Ltd (300124.SZ)

P/B ratio as of 2023: 6.77

According to Shenzhen Inovance Technology Co.,Ltd's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 6.77. At the end of 2022 the company had a P/B ratio of 9.24.

P/B ratio history for Shenzhen Inovance Technology Co.,Ltd from 2007 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 6.77
2022 9.24
2021 11.27
2020 15.08
2019 5.84
2018 5.20
2017 8.47
2016 6.81
2015 9.22
2014 6.60
2013 7.43
2012 3.44
2011 4.70
2010 5.33
2009 34.43
2008 58.41
2007 87.51