Shenzhen Inovance Technology Co Ltd: Financial Overview and Market Movements
Shenzhen Inovance Technology Co Ltd, a company based in Shenzhen, China, specializes in industrial automation control products for equipment manufacturers. The company offers a range of products including standard industrial automation products, motion controls, automatic controls, and control and drive systems. These systems are used in various applications such as elevators, cranes, and injection molding machines. Shenzhen Inovance also provides OEM industry solutions and reconstruction industry solutions. Founded in 2003, the company is listed on the Shenzhen Stock Exchange.
Financial Highlights:
- Close Price (2025-09-01): 74.9 CNY
- 52 Weeks High (2025-02-25): 81.71 CNY
- 52 Weeks Low (2024-09-08): 41.7 CNY
- Market Cap: 201,877,751,210 CNY
- Price Earnings Ratio: 41.35748
Market Movements:
On September 3, 2025, the Shenzhen Inovance Technology Co Ltd stock experienced fluctuations in the market. The company’s stock is part of the broader industrial sector, which has seen varied performance across different ETFs and indices.
ETF Performance:
Shenzhen ETF (159903): On September 3, 2025, the Shenzhen ETF, which includes Shenzhen Inovance among its holdings, fell by 1.31%. The trading volume was 54,322,300 CNY. This ETF tracks the Shenzhen Component Index and has a management fee of 0.50% and a custody fee of 0.10% annually. As of September 2, 2025, the ETF had a total of 35.8 million shares, with a total value of 5.45 billion CNY.
Robotics ETF (159770): The largest robotics ETF in the Shenzhen market saw significant activity, with net purchases nearing 21.7 million shares, indicating strong investor interest in the robotics sector.
Industry Trends:
The industrial sector, particularly in automation and robotics, is witnessing significant developments. The demand for industrial automation products is driven by advancements in technology and increasing adoption across various industries. Additionally, the renewable energy and storage sectors are experiencing growth, with companies like Shenzhen Inovance potentially benefiting from these trends.
Conclusion:
Shenzhen Inovance Technology Co Ltd remains a key player in the industrial automation sector, with its diverse product offerings catering to a wide range of applications. The company’s financial metrics and market performance reflect its position within the industry, while broader market trends in ETFs and sector-specific developments provide context for its future prospects.