Shenzhen Inovance Technology Co.,Ltd (SHE:300124)

Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Industrial Automation and Digitalization	22.25B	18.73B	-	-	-
Industrial Automation and Digitalization Growth	18.79%	-	-	-	-
New Energy Vehicles & Rail Transit	20.32B	16.08B	9.92B	5.55B	3.52B
New Energy Vehicles & Rail Transit Growth	26.39%	62.09%	78.69%	57.80%	141.94%
Emerging Industries	1.80B	1.55B	-	-	-
Emerging Industries Growth	15.80%	-	-	-	-
Other	741.84M	683.88M	169.97M	183.57M	114.33M
Other Growth	8.47%	302.36%	-7.41%	60.57%	10.78%
General Automation	-	-	15.04B	12.11B	8.98B
General Automation Growth	-	-	24.17%	34.85%	65.16%
Smart Elevator Electrical	-	-	5.29B	5.16B	4.97B
Smart Elevator Electrical Growth	-	-	2.50%	3.92%	14.35%
Industrial Robots	-	-	-	-	361.94M
Industrial Robots Growth	-	-	-	-	110.53%
Total	45.10B	37.04B	30.42B	23.01B	17.94B
Total Growth	21.77%	21.77%	32.21%	28.23%	55.87%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
China	42.46B	35.00B	28.68B	22.12B	17.33B
China Growth	21.30%	22.04%	29.64%	27.69%	-
Overseas	2.65B	2.04B	1.74B	885.29M	617.08M
Overseas Growth	29.89%	17.22%	96.52%	43.47%	24.61%
Total	45.10B	37.04B	30.42B	23.01B	17.94B
Total Growth	21.77%	21.77%	32.21%	28.23%	55.87%

Source: S&P Global Market Intelligence.