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Some Confidence Is Lacking In Innuovo Technology Co., Ltd.'s (SZSE:000795) P/E
Innuovo Technology Co., Ltd.'s (SZSE:000795) price-to-earnings (or "P/E") ratio of 55.2x might make it look like a strong sell right now compared to the market in China, where around half of the compa
Innuovo Technology (000795.SZ): Cumulative repurchase of 1.29% of shares.
Innouvo Technology (000795.SZ) announced on July 1st that as of June 30, 2024, the company has repurchased a total of 14,605,040 shares through a repurchase dedicated securities account in a centralized bidding manner, accounting for 1.29% of the company's total share capital. The highest fill price was 6.00 yuan/share, the lowest fill price was 5.31 yuan/share, and the total fill amount was 83,558,189.00 yuan (excluding transaction fees). This repurchase is in compliance with the company's established repurchase program and relevant laws and regulations.
Innuovo Technology Says Subsidiary's Fire Accident Will Not Leave Major Impact on Operations
Innuovo Technology (SHE:000795) assured investors that the fire accident at the workshop of its subsidiary, Zhejiang Dongyang Dongci Rare Earth, will not have a major impact on the group's operations,
Innuovo technology (000795.SZ): has repurchased 1.02% of its shares.
Innouvo Technology (000795.SZ) announced on June 17 that as of June 17, 2024, the company has repurchased a cumulative total of 11,611,940 shares, accounting for 1.02% of the total share capital, through a buyback special securities account in a centralized bidding trading manner. The highest fill price was 6.00 yuan/share and the lowest fill price was 5.55 yuan/share. The total fill amount was 66,996,600 yuan (excluding transaction fees).
Innuovo Technology (SZSE:000795) Hasn't Managed To Accelerate Its Returns
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly,
Innuovo Technology (000795.SZ): Cumulative expenditure of 34.1287 million yuan to repurchase 0.52% of shares.
InnUovo Technology (000795.SZ) announced that by May 31, 2024, the company had repurchased a total of 5,868,800 shares through a repurchase dedicated securities account using centralized bidding method, accounting for 0.52% of the company's total share capital, with a highest fill price of 6.00 yuan/share and a lowest fill price of 5.61 yuan/share, and a total trade value of 34,128,695.00 yuan (excluding transaction fees).
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