
Shenzhen Inovance Technology Co Ltd
SZSE:300124

Shenzhen Inovance Technology Co Ltd
Revenue
Shenzhen Inovance Technology Co Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Shenzhen Inovance Technology Co Ltd
SZSE:300124
|
Revenue
ÂĄ35.7B
|
CAGR 3-Years
29%
|
CAGR 5-Years
39%
|
CAGR 10-Years
32%
|
|
C
|
China International Marine Containers Group Co Ltd
SZSE:000039
|
Revenue
ÂĄ177.7B
|
CAGR 3-Years
3%
|
CAGR 5-Years
16%
|
CAGR 10-Years
10%
|
|
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Jiangsu Hengli Hydraulic Co Ltd
SSE:601100
|
Revenue
ÂĄ9.6B
|
CAGR 3-Years
0%
|
CAGR 5-Years
14%
|
CAGR 10-Years
24%
|
|
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Ningbo Deye Technology Co Ltd
SSE:605117
|
Revenue
ÂĄ7.5B
|
CAGR 3-Years
35%
|
CAGR 5-Years
35%
|
CAGR 10-Years
N/A
|
|
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Zhejiang Sanhua Intelligent Controls Co Ltd
SZSE:002050
|
Revenue
ÂĄ27.9B
|
CAGR 3-Years
20%
|
CAGR 5-Years
20%
|
CAGR 10-Years
16%
|
|
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Shanghai Precise Packaging Co Ltd
SZSE:300442
|
Revenue
ÂĄ8.1B
|
CAGR 3-Years
59%
|
CAGR 5-Years
70%
|
CAGR 10-Years
N/A
|
Shenzhen Inovance Technology Co Ltd
Glance View
Founded in 2003, Shenzhen Inovance Technology Co Ltd has emerged as a formidable player in the industrial automation sector, brilliantly navigating China's rapid industrial modernization. Born in the technology hub of Shenzhen, Inovance quickly embraced the transformative changes sweeping across manufacturing landscapes worldwide. With an unyielding commitment to innovation and quality, the company carved out a niche for itself by developing and manufacturing a broad range of automation products, from frequency inverters and servo drives to electric vehicle components and motion control systems. This diverse product portfolio not only solidifies its standing in the industrial automation market but also positions it as a critical enabler of technological advancement within industrial ecosystems. At the heart of Inovance’s business model is a concerted focus on research and development, which paves the way for its cutting-edge product innovation. The company harnesses its engineering prowess to tailor solutions that enhance efficiency, reliability, and operational effectiveness for various industries, including textiles, power generation, and elevators. Revenue streams are primarily generated through the sale and integration of these automation solutions, which help businesses optimize processes and reduce operational costs. By continually adapting to evolving market demands and fostering close relationships with its customers, Inovance not only ensures a steady flow of income but also embraces a mission to elevate industrial productivity on a global scale.

See Also
What is Shenzhen Inovance Technology Co Ltd's Revenue?
Revenue
35.7B
CNY
Based on the financial report for Sep 30, 2024, Shenzhen Inovance Technology Co Ltd's Revenue amounts to 35.7B CNY.
What is Shenzhen Inovance Technology Co Ltd's Revenue growth rate?
Revenue CAGR 10Y
32%
Over the last year, the Revenue growth was 33%. The average annual Revenue growth rates for Shenzhen Inovance Technology Co Ltd have been 29% over the past three years , 39% over the past five years , and 32% over the past ten years .