Shenzhen Inovance Technology Co.,Ltd (SHE:300124)
China · Delayed Price · Currency is CNY 59.35
-3.01 (-4.83%)
Jul 24, 2026, 3:04 PM CST
Shenzhen Inovance Technology Co.,Ltd Earnings Call Transcripts
Fiscal Year 2025
-
Revenue for the first three quarters rose 25% year-on-year to CNY 31.7 billion, with net profit up 27%. Growth was driven by Industrial Automation and NEV, though Q3 profit slowed due to automotive headwinds. Strategic focus is expanding to intelligent robots and digital energy management.
Fiscal Year 2024
-
Revenue rose 26% year-over-year to CNY 25.4 billion, led by new energy vehicles, while net income grew just 1% due to lower gross margin and higher taxes. Overseas and automation segments showed robust growth, and Q4 is expected to see strong new energy vehicle sales.