- Shenzhen Inovance reported a first-quarter revenue of 8.98 billion yuan, surpassing the estimated 8.14 billion yuan.
- The company’s net income for the quarter reached 1.32 billion yuan.
- Earnings per share (EPS) were reported at 49 RMB cents.
- Market analysts have given Shenzhen Inovance 33 buy recommendations, 6 hold recommendations, and 1 sell recommendation.
A look at Shenzhen Inovance Technology Co., Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
Analysts at Smartkarma have given Shenzhen Inovance Technology Co. a positive long-term outlook, with high scores across various key factors. The company, known for developing, manufacturing, and selling automate control products, demonstrates strong potential in terms of growth, resilience, and momentum. With impressive scores of 4 in Growth, Resilience, and Momentum, Shenzhen Inovance Technology Co. is positioned to thrive in the market.
Although the Value score is not as high as the other factors, at a moderate 2, the overall outlook remains promising for Shenzhen Inovance Technology Co. With a Dividend score of 3 indicating a moderate outlook in that area, investors may find value in considering this company for long-term investment opportunities. In conclusion, Shenzhen Inovance Technology Co. appears to be a company with solid growth prospects and resilience, possibly making it an attractive choice for investors looking for growth potential in the automate control products sector.
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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