1. China Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
HANGZHOU INNOVER TECHNOLOGY CO LTD Class A

HANGZHOU INNOVER TECHNOLOGY CO LTD Class A

SSZSE:002767
16.23
CNY
+0.17
(+1.06%)
0.22EPS
81.39P/E
2.49BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.66
2.73
2.1
1.94
2.09
1.9
2.08
2.37
3.27
3.7
4.09
4.22
4.86
4.97
Basic EPS, GAAP
0.57
0.59
0.38
0.3
0.31
0.17
0.18
0.14
0.16
0.22
0.05
0.18
0.19
0.2
Free Cash Flow per Basic Share
0.42
0.39
0.25
0.26
-0.05
-0.22
-0.36
-0.31
-0.62
-0.32
0.56
0.24
0.49
- -
Dividend per Share
0.19
0.28
0.35
0.07
0.08
0.06
0.03
0.04
0.03
0.03
- -
0.02
0.05
- -
Book Value per Share
2.36
2.6
4.1
4.44
4.63
4.77
4.92
5.02
5.15
5.35
5.41
5.57
5.74
5.8
Tangible Book Value per Share
2.32
2.56
4.07
4.41
4.59
4.72
4.87
4.98
5.1
5.27
5.34
5.5
5.68
5.76
Basic Weighted Avg Shares
113
112
139
151
148
152
153
149
145
152
152
147
146
150
Sales/Revenue/Turnover
299
307
291
293
310
289
318
354
476
563
624
621
711
747
Operating Margin (%)
20.1
18.9
15.07
10.08
11.17
5.41
3.49
2.59
4.46
7.38
8.81
6.6
5.53
5.97
Depreciation Expense
2
2
3
3
3
3
3
3
15
20
24
25
23
- -
Net Income, GAAP
65
67
53
45
46
26
28
21
23
33
8
26
28
31
Effective Tax Rate (%)
15.75
14.33
14.49
12.48
13.37
9.46
11.33
16.18
5.75
4.14
- -
2.84
- -
- -
Profit Margin (%)
21.59
21.72
18.08
15.47
14.82
8.93
8.66
5.9
4.89
5.94
1.22
4.27
3.91
4.1
Working Capital
226
251
576
610
634
615
551
510
488
531
538
587
620
636
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
5
4
2
2
Total Equity
266
292
615
666
695
715
740
755
775
809
816
840
868
879
Return on Invested Capital (%)
20.86
19.31
8.76
5.35
6.75
3.72
3.79
2.78
3.3
4.6
- -
3.2
- -
- -
Return on Capital (%)
25.68
23.89
11.6
6.39
5.91
3.67
3.86
2.9
2.87
3.99
- -
3.26
- -
- -
Return on Common Equity (%)
26.2
23.89
11.6
7.07
6.74
3.66
3.79
2.81
3.05
4.25
0.95
3.22
3.28
3.58

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5
5
6
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
150
150
150
Market Capitalization
3,437
3,080
2,486

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,050
1,031
1,043
Cash, Cash Equivalents & STI
424
313
274
Accounts Receivable, Net
434
483
532
Inventories
141
173
189
Total Current Liabilities
429
400
406
Payables & Accruals
- -
- -
- -
ST Debt
5
5
6
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.51%
2.85%
3.28%
Free Cash Flow
12.83%
-37.32%
103.68%
Net Income, GAAP
15.62%
46.01%
4.96%
Sales/Revenue/Turnover
9.86%
15.49%
14.64%
Total Cash Common Dividend
1,120.24%
2,264.66%
178.03%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
101
164
178
178
621
2025
115
170
- -
233
711
2026
138
206
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.04
- -
0.11
0.18
2025
0.02
0.07
- -
0.05
0.19
2026
- -
0.09
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.02
- -
- -
0.02
2025
- -
- -
- -
- -
0.05
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yang Shi
Full Time Employees
864
Sector
Producer manufacturing
Industry
Industrial machinery
Address
1186-1 Bin'an Road Hangzhou ZH China 310052
IPO Date
Jun 2, 2015
Website
innover.com.cn
Similar Companies
Applied Materials, Inc. (NASDAQ:AMAT)
Oklo Inc. (NYSE:OKLO)
Lam Research Corporation (NASDAQ:LRCX)
Tokyo Electron Ltd. (TSE:8035)
Welspun Corp Limited (NSE:WELCORP)
Symbotic Inc. (NASDAQ:SYM)
Business
Hangzhou Innover Technology Co., Ltd. (002767.SZ) is a China-based company principally engaged in the research, development, production, and sales of smart gas metering equipment and solutions for the urban gas industry; its core products include civilian IC card smart gas meters, wireless remote transmission smart gas meters including NB-IoT models, industrial and commercial smart gas meters, ultrasonic gas meters, diaphragm gas meters, NB-IoT smart diaphragm gas meters, gas ultrasonic integrated flowmeters, smart gas flowmeters, gas leak alarms, self-service terminals, and intelligent network charging platform software; the company also provides comprehensive city gas solutions encompassing NB-IoT smart gas systems and urban gas safety monitoring solutions. Founded in 1991 and headquartered in Hangzhou, Zhejiang Province, China, at No. 1186-1 Bin'an Road, Binjiang District, the company operates primarily within China, serving gas utilities and industrial customers with its electrical testing equipment, gas metering, and charging control systems. In recent developments, the company has advanced its ultrasonic gas meter technology for civilian and commercial applications to a mature stage entering sales in 2025, while reporting strong financial performance including a 112.73% year-on-year net profit increase to RMB 20.867 million in the first three quarters of 2025; it continues normal operations without major undisclosed strategic shifts, acquisitions, or partnerships announced in the past 1-2 years.