Shenzhen Inovance Tech
Shenzhen Inovance Technology Co.,Ltd manufactures and sells industrial automation control solutions in China and internationally. It operates through four segments: General Automation, New Energy Vehicles, Smart Elevators, and Rail Transit. The company offers inverters, servo systems, PLC/HMI/CNC, industrial robots, electric core products and solutions for industrial automation, such asmachines, … Read more
Market Cap & Net Worth: Shenzhen Inovance Tech (300124)
Shenzhen Inovance Tech (SHE:300124) has a market capitalization of $26.86 Billion (CN¥197.06 Billion) as of March 18, 2026. Listed on the SHE stock exchange, this China-based company holds position #1107 globally and #37 in its home market, demonstrating a 3.41% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Shenzhen Inovance Tech's stock price CN¥72.79 by its total outstanding shares 2707228612 (2.71 Billion).
Shenzhen Inovance Tech Market Cap History: 2015 to 2026
Shenzhen Inovance Tech's market capitalization history from 2015 to 2026. Data shows growth from $5.42 Billion to $26.86 Billion (17.19% CAGR).
Index Memberships
Shenzhen Inovance Tech is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
ChiNext
CNT
|
$643.66 Billion | 2.70% | #8 of 100 |
Weight: Shenzhen Inovance Tech's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Shenzhen Inovance Tech Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Shenzhen Inovance Tech's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.58x
Shenzhen Inovance Tech's market cap is 0.58 times its annual revenue
0.29x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
5.04x
Shenzhen Inovance Tech's market cap is 5.04 times its annual earnings
1.64x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $5.42 Billion | $2.77 Billion | $809.28 Million | 1.96x | 6.69x |
| 2016 | $4.73 Billion | $3.66 Billion | $931.84 Million | 1.29x | 5.08x |
| 2017 | $6.84 Billion | $4.78 Billion | $1.06 Billion | 1.43x | 6.45x |
| 2018 | $4.79 Billion | $5.87 Billion | $1.17 Billion | 0.81x | 4.10x |
| 2019 | $7.34 Billion | $7.39 Billion | $951.94 Million | 0.99x | 7.72x |
| 2020 | $22.44 Billion | $11.51 Billion | $2.10 Billion | 1.95x | 10.69x |
| 2021 | $24.85 Billion | $17.94 Billion | $3.57 Billion | 1.38x | 6.95x |
| 2022 | $25.29 Billion | $23.01 Billion | $4.32 Billion | 1.10x | 5.85x |
| 2023 | $23.12 Billion | $30.42 Billion | $4.74 Billion | 0.76x | 4.88x |
| 2024 | $21.61 Billion | $37.04 Billion | $4.29 Billion | 0.58x | 5.04x |
Competitor Companies of 300124 by Market Capitalization
Companies near Shenzhen Inovance Tech in the global market cap rankings as of March 18, 2026.
Key companies related to Shenzhen Inovance Tech by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #156 globally with a market cap of $119.93 Billion USD ( CN¥879.97 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #222 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #242 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #370 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #156 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $119.93 Billion | CN¥408.40 |
| #222 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $264.74 |
| #242 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #370 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €232.40 |
Shenzhen Inovance Tech Historical Marketcap From 2015 to 2026
Between 2015 and today, Shenzhen Inovance Tech's market cap moved from $5.42 Billion to $ 26.86 Billion, with a yearly change of 17.19%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥26.86 Billion | -3.37% |
| 2025 | CN¥27.79 Billion | +28.59% |
| 2024 | CN¥21.61 Billion | -6.50% |
| 2023 | CN¥23.12 Billion | -8.57% |
| 2022 | CN¥25.29 Billion | +1.75% |
| 2021 | CN¥24.85 Billion | +10.72% |
| 2020 | CN¥22.44 Billion | +205.59% |
| 2019 | CN¥7.34 Billion | +53.41% |
| 2018 | CN¥4.79 Billion | -29.96% |
| 2017 | CN¥6.84 Billion | +44.48% |
| 2016 | CN¥4.73 Billion | -12.67% |
| 2015 | CN¥5.42 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Shenzhen Inovance Tech was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $26.86 Billion USD |
| MoneyControl | $26.86 Billion USD |
| MarketWatch | $26.86 Billion USD |
| marketcap.company | $26.86 Billion USD |
| Reuters | $26.86 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.