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

$20.42 Billion USD  · CN¥139.56 Billion CNY  · Rank #1260

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

Shenzhen Inovance Tech (SHE:300124) has a market capitalization of $20.42 Billion (CN¥139.56 Billion) as of September 16, 2026. Listed on the SHE stock exchange, this China-based company holds position #1260 globally and #90 in its home market, demonstrating a -12.48% decrease 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¥51.55 by its total outstanding shares 2707228612 (2.71 Billion). Also see Shenzhen Inovance Tech balance sheet assets for a full breakdown of the balance sheet.

Shenzhen Inovance Tech Market Cap History: 2015 to 2026

Shenzhen Inovance Tech's market capitalization history from 2015 to 2026. Data shows growth from $5.82 Billion to $20.42 Billion (12.71% CAGR). Also see Shenzhen Inovance Tech (300124) cash flow conversion for how efficiently the company converts equity into cash flow.

Index Memberships

Shenzhen Inovance Tech is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
ChiNext
CNT
$1.14 Trillion 1.78% #12 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. Check Shenzhen Inovance Tech stock quote for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

0.63x

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

Industry average: 0.74x Lower 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: 64.52x 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 September 16, 2026. Review tangible net worth ratio of Shenzhen Inovance Tech to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Shenzhen Inovance Tech by market ranking:

  • Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #102 globally with a market cap of $204.08 Billion USD ( CN¥1.39 Trillion CNY).
  • ABB Ltd (SW:ABBN): Ranked #193 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
  • Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #291 globally with a market cap of $90.59 Billion USD ( ฿2.91 Trillion THB).
  • Vertiv Holdings Co (NYSE:VRT): Ranked #294 globally with a market cap of $90.32 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#102 Contemporary Amperex Technology Co Ltd Class A SHE:300750 $204.08 Billion CN¥316.36
#193 ABB Ltd SW:ABBN $127.26 Billion CHF76.68
#291 Delta Electronics (Thailand) Public Company Limited BK:DELTA $90.59 Billion ฿233.00
#294 Vertiv Holdings Co NYSE:VRT $90.32 Billion $234.61

Shenzhen Inovance Tech Historical Marketcap From 2015 to 2026

Between 2015 and today, Shenzhen Inovance Tech's market cap moved from $5.82 Billion to $ 20.42 Billion, with a yearly change of 12.71%.

Year Market Cap Change (%)
2026 CN¥20.42 Billion -31.57%
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 Sep 16th, 2026 the market cap of Shenzhen Inovance Tech was reported to be:

Source Market Cap
Yahoo Finance $20.42 Billion USD
MoneyControl $20.42 Billion USD
MarketWatch $20.42 Billion USD
marketcap.company $20.42 Billion USD
Reuters $20.42 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
$20.42 Billion
CN¥139.56 Billion CNY
Market Cap Rank
#1260 Global
#90 in China
Share Price
CN¥51.55
Change (1 day)
-3.93%
52-Week Range
CN¥51.55 - CN¥88.91
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