Shenzhen Inovance Tech Market Cap ($21.94 Billion)

$21.94 Billion USD  · CN¥149.95 Billion CNY  · Rank #1168

Market Cap & Net Worth: Shenzhen Inovance Tech (300124)

Shenzhen Inovance Tech market cap. Shenzhen Inovance Tech (SHE:300124) has a market capitalization of $21.94 Billion (CN¥149.95 Billion) as of October 31, 2026. Listed on the SHE stock exchange, this China-based company holds position #1168 globally and #74 in its home market, demonstrating a 10.98% 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¥55.39 by its total outstanding shares 2707228612 (2.71 Billion).

Shenzhen Inovance Tech Market Cap History (2015–2026)

Shenzhen Inovance Tech market cap history from 2015 to 2026. Data shows growth from $5.82 Billion to $21.94 Billion (13.29% CAGR). Check 300124 stock price and chart for real-time trading data and today's change.

Index Memberships

Shenzhen Inovance Tech is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
ChiNext
CNT
$883.19 Billion 2.48% #7 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. Also see Shenzhen Inovance Tech cash flow conversion for how efficiently the company converts equity into cash flow.

Latest Price to Sales (P/S) Ratio

0.63x

Shenzhen Inovance Tech's market cap is 0.63 times its annual revenue

Industry average: 0.43x Higher than industry average

Latest Price to Earnings (P/E) Ratio

5.42x

Shenzhen Inovance Tech's market cap is 5.42 times its annual earnings

Industry average: 32.49x Lower than industry average

What 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 $5.82 Billion $2.77 Billion $809.28 Million 2.10x 7.19x
2016 $5.08 Billion $3.66 Billion $931.84 Million 1.39x 5.45x
2017 $7.34 Billion $4.78 Billion $1.06 Billion 1.54x 6.92x
2018 $5.14 Billion $5.87 Billion $1.17 Billion 0.88x 4.41x
2019 $7.89 Billion $7.39 Billion $951.94 Million 1.07x 8.28x
2020 $24.10 Billion $11.51 Billion $2.10 Billion 2.09x 11.47x
2021 $26.68 Billion $17.94 Billion $3.57 Billion 1.49x 7.47x
2022 $27.15 Billion $23.01 Billion $4.32 Billion 1.18x 6.28x
2023 $24.82 Billion $30.42 Billion $4.74 Billion 0.82x 5.23x
2024 $23.21 Billion $37.04 Billion $4.29 Billion 0.63x 5.42x

Competitor Companies of 300124 by Market Capitalization

Companies near Shenzhen Inovance Tech in the global market cap rankings as of October 31, 2026. See net asset quality index of Shenzhen Inovance Tech to understand what proportion of total assets are financed by equity.

Key companies related to Shenzhen Inovance Tech by market ranking:

  • Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #153 globally with a market cap of $150.25 Billion USD ( CN¥1.03 Trillion CNY).
  • ABB Ltd (SW:ABBN): Ranked #186 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
  • Vertiv Holdings Co (NYSE:VRT): Ranked #298 globally with a market cap of $89.51 Billion USD.
  • Delta Electronics (Thailand) Public Company Limited (F:NVAW): Ranked #334 globally with a market cap of $80.94 Billion USD ( €69.23 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#153 Contemporary Amperex Technology Co Ltd Class A SHE:300750 $150.25 Billion CN¥232.92
#186 ABB Ltd SW:ABBN $127.26 Billion CHF70.68
#298 Vertiv Holdings Co NYSE:VRT $89.51 Billion $232.50
#334 Delta Electronics (Thailand) Public Company Limited F:NVAW $80.94 Billion €5.55

Market Capitalization of Shenzhen Inovance Tech (2015–2026)

Market capitalization of Shenzhen Inovance Tech from 2015 to today. Between 2015 and today, Shenzhen Inovance Tech's market cap moved from $5.82 Billion to $ 21.94 Billion, with a yearly change of 13.29%.

Year Market Cap Change (%)
2026 CN¥21.94 Billion -26.47%
2025 CN¥29.84 Billion +28.59%
2024 CN¥23.21 Billion -6.50%
2023 CN¥24.82 Billion -8.57%
2022 CN¥27.15 Billion +1.75%
2021 CN¥26.68 Billion +10.72%
2020 CN¥24.10 Billion +205.59%
2019 CN¥7.89 Billion +53.41%
2018 CN¥5.14 Billion -29.96%
2017 CN¥7.34 Billion +44.48%
2016 CN¥5.08 Billion -12.67%
2015 CN¥5.82 Billion --

End of Day Market Cap According to Different Sources

On Oct 31st, 2026 the market cap of Shenzhen Inovance Tech was reported to be:

Source Market Cap
Yahoo Finance $21.94 Billion USD
MoneyControl $21.94 Billion USD
MarketWatch $21.94 Billion USD
marketcap.company $21.94 Billion USD
Reuters $21.94 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Shenzhen Inovance Tech

SHE:300124 China Electrical Equipment & Parts
Market Cap
$21.94 Billion
CN¥149.95 Billion CNY
Market Cap Rank
#1168 Global
#74 in China
Share Price
CN¥55.39
Change (1 day)
-2.45%
52-Week Range
CN¥49.33 - CN¥80.88
All Time High
CN¥189.92
About

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