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Shenzhen Inovance Technology Co (SZSE:300124) ROE % Adjusted to Book Value : 2.01% (As of Mar. 2024)


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What is Shenzhen Inovance Technology Co ROE % Adjusted to Book Value?

Shenzhen Inovance Technology Co's ROE % for the quarter that ended in Mar. 2024 was 13.03%. Shenzhen Inovance Technology Co's PB Ratio for the quarter that ended in Mar. 2024 was 6.47. Shenzhen Inovance Technology Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was 2.01%.

Shenzhen Inovance Technology Co ROE % Adjusted to Book Value Historical Data

The historical data trend for Shenzhen Inovance Technology Co's ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shenzhen Inovance Technology Co ROE % Adjusted to Book Value Chart

Shenzhen Inovance Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 1.45 2.37 2.59 3.10

Shenzhen Inovance Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.64 3.13 2.90 3.51 2.01

Competitive Comparison of Shenzhen Inovance Technology Co's ROE % Adjusted to Book Value

For the Electrical Equipment & Parts subindustry, Shenzhen Inovance Technology Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shenzhen Inovance Technology Co's ROE % Adjusted to Book Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Inovance Technology Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Shenzhen Inovance Technology Co's ROE % Adjusted to Book Value falls into.


Shenzhen Inovance Technology Co ROE % Adjusted to Book Value Calculation

Shenzhen Inovance Technology Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=21.41% / 6.90
=3.10%

Shenzhen Inovance Technology Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=13.03% / 6.47
=2.01%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shenzhen Inovance Technology Co ROE % Adjusted to Book Value Related Terms

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Shenzhen Inovance Technology Co (SZSE:300124) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Inovance Technology Co Ltd (SZSE:300124) » Definitions » ROE % Adjusted to Book Value
Comparable Companies
SZSE:300274 SZSE:300014 SHSE:603195 SHSE:600089 SHSE:600522 SHSE:601877 SZSE:002074 SZSE:002028 SHSE:688777 SHSE:600885 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR XKRX:247540 HUBB VRT MIL:PRY BOM:517354
Traded in Other Exchanges
N/A
Address
Liuxian Road No. 70, Building E, Hongwei Industrial Park, Baocheng District, Shenzhen, CHN, 518101
Website
http://www.inovance.cn
Founded in 2003 by a group of ex-engineers from Huawei and Emerson, Shenzhen Inovance Technology develops and manufactures components used in elevators, automation equipment, robots, new energy vehicles, and railways. A partial list of products includes variable frequency drives--also known as inverters--servo systems, sensors, interfaces and motor controllers. Inovance employs about 20,000 staff, including over 4,700 research and development engineers. About 95% of Inovance's sales are made in China. Its headquarters are in Shenzhen with a large regional office in Suzhou, and these major offices are supported by over 10 branches across China.

Shenzhen Inovance Technology Co (SZSE:300124) Headlines

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