16.63BMarket Cap89.39P/E (TTM)
19.22High18.36Low408.07KlotVolume18.61Open18.70Pre Close767.52MTurnover5.19%Turnover Ratio100.16P/E (Static)869.53MShares29.3852wk High6.07P/B15.05BFloat Cap11.3252wk Low20.57Limit Up786.76MShs Float42.40Historical High16.83Limit Down4.60%Amplitude0.96Historical Low0.03Dividend TTM18.81Avg Price199.59KlotAsk0.16%Div YieldTTM100Lot Size199.32KlotBid
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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