Earnings Alerts

Shenzhen Inovance Technology Co. (300124) Earnings: 1H Net Income Reaches 2.97B Yuan

  • Shenzhen Inovance posted a net income of 2.97 billion yuan for the first half of the year.
  • The company’s revenue during this period amounted to 20.51 billion yuan.
  • Earnings per share (EPS) were reported at 1.10 yuan.
  • Investment analysts’ ratings: 33 buy recommendations, 6 hold recommendations, and 1 sell recommendation on the stock.

A look at Shenzhen Inovance Technology Co., Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Shenzhen Inovance Technology Co., Ltd., a company that focuses on developing, manufacturing, and selling automate control products such as low frequency converters, servo drives, and programmable logic controllers (PLCs), shows a promising long-term outlook based on its Smartkarma Smart Scores. With a Value score of 2, Inovance Technology is considered moderately valued, indicating potential for growth. The company’s Dividend score of 3 suggests a stable dividend payout, attracting income-oriented investors. In terms of Growth, Inovance Technology scores a solid 4, reflecting its potential for expansion and increasing market share.

Furthermore, Shenzhen Inovance Technology’s resilience, with a score of 4, signifies its ability to weather market uncertainties and maintain stable performance. While Momentum, scored at 3, indicates a modest level of investor interest and market momentum. Overall, the company’s strong Growth and Resilience scores point towards a positive outlook for its future prospects, making it an intriguing option for investors seeking growth opportunities in the automate control industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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