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Shenzhen Inovance Technology Co.,Ltd (China)

Main Activities: Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use | Electrical Equipment Manufacturing
Full name: Shenzhen Inovance Technology Co.,Ltd Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 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
Unit 101, Inovance Technology Headquarters Building, High-tech Industrial Park, Guanlan Street, Longhua New District, Shenzhen, Guangdong Province
Shenzhen; Guangdong; Postal Code: 518110

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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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Incorporation Date:
April 10, 2003
Key Executives
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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
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Independent Director
Ownership Details
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20.51%
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17.4%
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2.99%
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2.83%
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2.33%
Subsidiaries
Ascona Technology (Shenzhen) Co., Ltd.
100%
Beijing Huichuan Online Technology Co., Ltd.
100%
Beijing Kaide Zhihua Technology 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
26.22%
Total operating revenue
24.98%
Operating profit (EBIT)
7%
Net Profit (Loss) for the Period
2.08%
Total assets
23.72%
Total equity
17.38%
Operating Profit Margin (ROS)
-2.59%
Net Profit Margin
-3.18%
Return on Equity (ROE)
-1.91%
Debt to Equity Ratio
-1.2%
Quick Ratio
-0.24%
Cash Ratio
-0.27%

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