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.
Revenue of Shenzhen Inovance Technology Co.,Ltd (300124.SZ)
Revenue in 2023 (TTM): $4.2 B
According to Shenzhen Inovance Technology Co.,Ltd's latest financial reports the company's current revenue (TTM) is $4.2 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Shenzhen Inovance Technology Co.,Ltd
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $4.2 B | $1.41 B | $764.63 M | $690.75 M | $655.06 M |
| 2022 | $3.18 B | $1.11 B | $696.45 M | $618.41 M | $596.75 M |
| 2021 | $2.48 B | $887.86 M | $579.89 M | $527.59 M | $493.64 M |
| 2020 | $1.59 B | $619.54 M | $365.71 M | $323.74 M | $290.12 M |
| 2019 | $1.02 B | $384.35 M | $185.87 M | $145.85 M | $131.5 M |
| 2018 | $811.5 M | $339.3 M | $200.71 M | $177.33 M | $161.2 M |
| 2017 | $659.95 M | $297.75 M | $185.79 M | $166.08 M | $146.44 M |
| 2016 | $505.61 M | $243.28 M | $161.84 M | $144.17 M | $128.73 M |
| 2015 | $382.73 M | $185.5 M | $134.1 M | $125.08 M | $111.8 M |
| 2014 | $309.79 M | $155.62 M | $113.26 M | $107.12 M | $92.05 M |
| 2013 | $238.42 M | $125.98 M | $96.48 M | $92.2 M | $77.39 M |
| 2012 | $164.83 M | $86.03 M | $38.7 M | $50.75 M | $43.88 M |
| 2011 | $145.61 M | $80.8 M | $44.29 M | $57.05 M | $46.98 M |
| 2010 | $93.19 M | $49.44 M | $35.43 M | $34.56 M | $30.44 M |
| 2009 | $41.99 M | $21.99 M | $13.44 M | $15.8 M | $14.18 M |
| 2008 | $26.92 M | $13.23 M | $7.11 M | $8.16 M | $7.69 M |
| 2007 | $22.02 M | $10.85 M | $6.66 M | $7.78 M | $6.82 M |