Inovance technology reports strong Q3 2025 revenue and profit growth

For the first nine months of 2025, Shenzhen Inovance Technology Co., Ltd. reported a 24.67% year-on-year increase in operating revenue, reaching 31.66 bn yuan. Net profit attributable to shareholders grew by 26.84% to 4.25 bn yuan, while net profit attributable to shareholders, excluding non-recurring gains and losses, rose by 24.03% to 3.89 bn yuan. The company’s total assets as of September 30, 2025, amounted to 67.80 bn yuan, an 18.58% increase from the end of the previous year.

Operating cash flow for the nine-month period increased by 1.92% to 3.93 bn yuan. The company saw a 94.13% increase in monetary capital, reaching 6.91 bn yuan, primarily due to initial public offering funds received by a subsidiary. Investment in financial assets also surged by 56.76% to 2.79 bn yuan, driven by purchases of closed-end structured deposits and open-end wealth management products.

The report also highlighted strong performance in the company's various business segments. General automation, including industrial robots, generated approximately 13.1 bn yuan in sales revenue, an increase of about 20%. New energy vehicles and rail transit businesses achieved approximately 14.8 bn yuan in sales revenue, up about 38%, while the smart elevator business maintained stability with approximately 3.6 bn yuan in sales revenue.