002767.SHE Hangzhou Innover Technology Co Ltd
- Market cap
- CNY 2.22B
- P/E
- 86.9x
- P/B
- 2.45x
- ROE
- 2.6%
- Dividend yield
- 0.30%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002767.SHE undervalued?
Graham numberThe Graham number of Hangzhou Innover Technology Co Ltd cannot be estimated reliably (the estimate is too far from the market price).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Hangzhou Innover Technology Co Ltd fundamental analysis
No fundamental analysis for Hangzhou Innover Technology Co Ltd yet.
Hangzhou Innover Technology Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Hangzhou Innover Technology Co Ltd
Hangzhou Innover Technology Co., Ltd. engages in the research, development, production, and sale of urban gas equipment and smart gas solutions in China and internationally. The company offers smart gas meter control devices, including IC card, wireless remote transmission, and commercial smart gas meters; and smart gas terminal products, such as ultrasonic and diaphragm gas meters, as well as ultrasonic, turbine, and root flow meters. It also provides safety monitoring term…
Full company profileHangzhou Innover Technology Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Hangzhou Innover Technology Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 293M | 310M | 289M | 318M | 354M | 476M | 563M | 624M | 621M | 711M | 778M |
| Gross Profit | 112M | 112M | 96.9M | 100M | 94.5M | 143M | 181M | 211M | 218M | 239M | 233M |
| Operating Income | 38.5M | 51.8M | 28.1M | 30.1M | 24.0M | 26.0M | 36.6M | 8.72M | 26.4M | 39.4M | 34.6M |
| EBITDA | 54.4M | 62.4M | 31.5M | 33.6M | 27.7M | 40.3M | 54.6M | 33.3M | 51.5M | 52.6M | 23.8M |
| Net Income | 45.3M | 45.9M | 25.8M | 27.5M | 20.9M | 23.3M | 33.4M | 7.62M | 26.5M | 27.8M | 22.8M |
| EPS | 0.30 | 0.31 | 0.17 | 0.18 | 0.14 | 0.16 | 0.22 | 0.05 | 0.18 | 0.19 | 0.15 |
| Balance Sheet | |||||||||||
| Total Assets | 770M | 816M | 835M | 891M | 999M | 1.02B | 1.08B | 1.11B | 1.18B | 1.30B | 1.38B |
| Total Liabilities | 104M | 120M | 121M | 151M | 245M | 245M | 274M | 298M | 338M | 432M | 494M |
| Shareholders' Equity | 666M | 695M | 715M | 738M | 753M | 772M | 802M | 811M | 835M | 861M | 875M |
| Cash & Short-term Investments | 380M | 53.2M | 46.0M | 396M | 378M | 289M | 283M | 317M | 358M | 191M | 108M |
| Total Debt | 27.9M | 34.6M | 36.4M | 24.5M | 8.36M | 5.33M | 6.63M | 6.71M | 11.9M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 41.1M | 6.72M | 12.7M | 4.34M | 17.3M | -35.7M | -19.5M | 104M | 46.9M | 87.1M | - |
| Capital Expenditure | 1.88M | 13.7M | 45.4M | 59.2M | 64.3M | 54.4M | 29.1M | 14.4M | 11.7M | 15.5M | 15.7M |
| Free Cash Flow | 39.2M | -7.03M | -32.7M | -54.9M | -47.0M | -90.1M | -48.5M | 85.9M | 35.2M | 71.7M | -231M |
| Ratios | |||||||||||
| ROE | 6.8% | 6.6% | 3.6% | 3.7% | 2.8% | 3.0% | 4.2% | 0.9% | 3.2% | 3.2% | 2.6% |
| ROA | 5.9% | 5.6% | 3.1% | 3.1% | 2.1% | 2.3% | 3.1% | 0.7% | 2.2% | 2.1% | 1.7% |
| Net Profit Margin | 15.5% | 14.8% | 8.9% | 8.7% | 5.9% | 4.9% | 5.9% | 1.2% | 4.3% | 3.9% | 2.9% |
| Debt to Equity | 0.04x | 0.05x | 0.05x | 0.03x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Hangzhou Innover Technology Co Ltd dividends
- Dividend yield
- 0.30%
- Forward dividend
- 0.03 CNY
- Payout ratio
- 24.1%
- Ex-dividend date
- Jul 9, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 6.68M | 0.04 | 24.1% |
| 2024 | CNY 2.40M | 0.02 | 9.1% |
| 2023 | CNY 21.2K | 0.00 | 0.3% |
| 2022 | CNY 4.05M | 0.03 | 12.1% |
| 2021 | CNY 4.20M | 0.03 | 18.1% |
| 2020 | CNY 5.25M | 0.04 | 25.1% |
| 2019 | CNY 4.65M | 0.03 | 16.9% |
| 2018 | CNY 8.40M | 0.06 | 32.5% |
| 2017 | CNY 12.0M | 0.08 | 26.1% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 15:10 on May 31, 2016.
Who owns Hangzhou Innover Technology Co Ltd
- Insiders 62.02%
- Institutions 0.43%
- Public & others 37.55%
- Shares outstanding 150M
- Free float 60.9M
Hangzhou Innover Technology Co Ltd company profile
- Company name
- Hangzhou Innover Technology Co Ltd
- Ticker
- 002767.SHE
- ISIN
- CNE100002078
- Exchange
- Shenzhen Stock Exchange
- Sector
- Technology
- Industry
- Electrical Equipment
- Employees
- 864
- Fiscal year end
- December
- Address
- No. 1186-1, Bin'an Road, Hangzhou, China, 310052
- Phone
- 86 40 0008 1000
- Website
- innover.com.cn
About Hangzhou Innover Technology Co Ltd
Hangzhou Innover Technology Co., Ltd. engages in the research, development, production, and sale of urban gas equipment and smart gas solutions in China and internationally. The company offers smart gas meter control devices, including IC card, wireless remote transmission, and commercial smart gas meters; and smart gas terminal products, such as ultrasonic and diaphragm gas meters, as well as ultrasonic, turbine, and root flow meters. It also provides safety monitoring terminal products comprising laser-based remote sensing drone, multi-dimensional data acquisition device, gas pipeline leak detector, home combustible gas alarm, handheld laser methane remote sensing and telemetry instruments, intelligent cathodic protection test pile, explosion-proof wireless pressure monitoring instrument, intelligent valve well monitoring instrument, and scanning laser methane detector, as well as industrial, commercial, and civil AI gas safety valves. The company was incorporated in 1991 and is headquartered in Hangzhou, China.
Hangzhou Innover Technology Co Ltd management
5- Mr. Yang ShiGM & Director · born 1979
- Mr. Wensheng XingFinancial Officer · born 1982
- Ms. Dier ChengDeputy GM, Secretary of the Board & Director · born 1971
- Mr. Wei CuiDeputy GM & Director · born 1978
- Mr. Ai Guo ShiDeputy General Manager · born 1978