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Shenzhen Inovance Technology Co., Ltd (China)

Main Activities: Electrical Equipment Manufacturing | Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
Full name: Shenzhen Inovance Technology Co., Ltd Profile Updated: November 28, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English & Chinese Download a sample report

The company is mainly engaged in developing, manufacturing and selling industrially automatic control products. With medium and high end equipment manufacturers as target customers and industrially automatic control technology of independent intellectual property as a basis, it operates in a mode of providing prompt individual solutions for customers. Its major products include low pressure frequency transformers, integrating and specific machines, servo system and PLC. It ranks the second in marketing holding in low pressure frequency transformer market among domestic manufacturers and holds an initiative or leading place in several minor industries such as integrating and specific machines. The company has several invention patents, applicability and new type patents and exterior design patents and some core platform technologies including high-performance vector variable frequency technology, PLC technology, servo technology and permanent-magnet synchronizing motors.

Headquarters
Huichuan Headquarters Base New & Hi-Tech Ind. Park Guanlan Sub-Dist. Longhua New Dist. Sz Gd
Shenzhen; Guangdong; Postal Code: 518101

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Website: http://www.inovance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
April 10, 2003
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Director
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Independent Director
Ownership Details
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17.74%
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14.45%
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3.05%
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2.87%
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2.55%
Subsidiaries
Ascona Technology (Shenzhen) Co., Ltd.
100%
Bainco Cable (Jiaxing) Co., Ltd.
100%
Best Electric (Jiaxing) Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Shenzhen Inovance Technology Co., Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
64.82%
Total operating revenue
64.58%
Operating profit (EBIT)
65.81%
EBITDA
65.16%
Net Profit (Loss) for the Period
65.84%
Total assets
38.8%
Total equity
42.15%
Operating Profit Margin (ROS)
0.12%
Net Profit Margin
0.12%
Return on Equity (ROE)
2.54%
Debt to Equity Ratio
-15.76%
Quick Ratio
-0.24%
Cash Ratio
-0.07%

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