11.76BMarket Cap119.65P/E (TTM)
13.67High13.22Low300.61KlotVolume13.42Open13.27Pre Close404.02MTurnover3.82%Turnover Ratio87.23P/E (Static)869.53MShares24.6052wk High4.45P/B10.63BFloat Cap11.2652wk Low14.60Limit Up786.55MShs Float42.34Historical High11.94Limit Down3.39%Amplitude0.90Historical Low0.06Dividend TTM13.44Avg Price136.65KlotAsk0.44%Div YieldTTM100Lot Size155.12KlotBid
Estun Automation Stock Forum
UOB KH has a buy call on Inovance and tp of RMB82.00, now pegged to 38.3x 2024F PE, on a par with its historical forward mean.
They believe Inovance as the leader among domestic automation player will benefit the most from the on-going import substitution trend. We also expect Inovance to benefit more from the recovery in broader economy, given their larger exposure to end-markets such as property, semi and consumer electroni...
UOB KH report.
MSCI China now trades at an undemanding 12-month forward PE of 10.2x, or a 37.0% discount to Emerging Asia. This steep discount is unwarranted and they expect valuation to normalise in 2H23, backed by additional policy support. However, a significant rerating is only possible if credit growth accelerates; hence, their index target is at 74 points for now, implying 12.0x target PE. They prefer exposure to automobiles, co...
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