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Shenzhen Inovance Technology (300124.SZ): It is expected that demand generated by the replacement of existing elevators and technology upgrades will gradually increase.
On August 5th, Gelonhui reported that Shenzhen Inovance Technology (300124.SZ) stated during their investor relations event that the elevator inventory in the Chinese market has neared 10 million. Based on elevator lifespan and past sales, it is expected that demand for replacement/maintenance markets will continue to increase. At the same time, the elevator industry is also undergoing technological updates, introducing new energy-saving and smart technologies in the development direction of green elevators and smart elevators. It is expected that the demand brought by the replacement of the existing elevators and technological updates will gradually rise.
Some Shareholders Feeling Restless Over Shenzhen Inovance Technology Co.,Ltd's (SZSE:300124) P/E Ratio
Shenzhen Inovance Technology (300124.SZ): The company's variable-frequency drives, servo systems, PLCs, and other products are the core components of industrial equipment.
On July 30th, Gelonhui reported that Shenzhen Inovance Technology (stock code: 300124.SZ) stated on the investor interaction platform that variable-frequency drives, servo systems, PLCs and other products are the core components of industrial equipment, downstream customers' equipment updates will bring corresponding demand, and specific driving roles still need to closely follow the promotion and landing of relevant policies.
Shenzhen Inovance Technology (300124.SZ) is expected to have a net income change of -5% to 5% in the first half of the year.
On July 26th, Gelunhui reported that Shenzhen Inovance Technology (300124.SZ) is expected to have revenue of 15,563.6104 million yuan to 16,186.1548 million yuan in the first half of the year, a growth of 25%-30% compared to the same period last year. Net profit is expected to be 1,973.0772 million yuan to 2,180.7696 million yuan, a change of -5%-5% compared to the same period last year. Non-net profit is expected to be 1,960.7998 million yuan to 2,147.5427 million yuan, a growth of 5%-15% compared to the same period last year. During the reporting period, the company's revenue maintained a fast growth, mainly benefiting from the new energy auto industry.
Shenzhen Inovance Technology: 2024 Interim Performance Forecast
What Is Shenzhen Inovance Technology Co.,Ltd's (SZSE:300124) Share Price Doing?
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