Shenzhen Inovance Technology Co.,Ltd

Shenzhen Stock Exchange 300124.SZ

Shenzhen Inovance Technology Co.,Ltd Debt to Equity Ratio for the year ending December 31, 2023: 0.13

Shenzhen Inovance Technology Co.,Ltd Debt to Equity Ratio is 0.13 for the year ending December 31, 2023, a -47.50% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Shenzhen Inovance Technology Co.,Ltd Debt to Equity Ratio for the year ending December 31, 2022 was 0.25, a 114.57% change year over year.
  • Shenzhen Inovance Technology Co.,Ltd Debt to Equity Ratio for the year ending December 31, 2021 was 0.12, a -32.06% change year over year.
  • Shenzhen Inovance Technology Co.,Ltd Debt to Equity Ratio for the year ending December 31, 2020 was 0.17, a -14.76% change year over year.
  • Shenzhen Inovance Technology Co.,Ltd Debt to Equity Ratio for the year ending December 31, 2019 was 0.20, a 87.46% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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Shenzhen Stock Exchange: 300124.SZ

Shenzhen Inovance Technology Co.,Ltd

CEO Mr. Xingming Zhu
IPO Date Sept. 28, 2010
Location China
Headquarters Building E, Hongwei Industrial Park
Employees 23,685
Sector Industrials
Industries
Description

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.

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StockViz Staff

January 15, 2025

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