We maintain our CNY 64 fair value estimate for narrow-moat Shenzhen Inovance 300124 after attending the company’s annual general meeting. Management maintained its ...
We maintain our fair value estimate on narrow-moat Shenzhen Inovance at CNY 64 per share after slightly trimming the growth rate of the 2022 new energy vehicle, or NEV, segment in view of short-term ...
Earnings call Inovance reported Q1-Q3 2025 revenue of CNY 31.7 billion, up 25% YoY, and net profit attributable to shareholders of CNY 4.3 billion, up 27% YoY. Q3 saw a slowdown in net profit growth ...