Shenzhen Inovance Technology Co (SZSE:300124) Inventories, Work In Process : ¥0 Mil (As of Mar. 2024)

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What is Shenzhen Inovance Technology Co Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Shenzhen Inovance Technology Co's work in process for the quarter that ended in Mar. 2024 was ¥0 Mil.

Shenzhen Inovance Technology Co Inventories, Work In Process Historical Data

The historical data trend for Shenzhen Inovance Technology Co's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shenzhen Inovance Technology Co Inventories, Work In Process Chart

Shenzhen Inovance Technology Co Annual Data

Trend

Dec14

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Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Inventories, Work In Process

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183.39

202.02

317.57

288.75

375.43

Shenzhen Inovance Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventories, Work In Process	Get a 7-Day Free Trial															-	402.15	-	375.43	-

Shenzhen Inovance Technology Co Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Shenzhen Inovance Technology Co (SZSE:300124) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Liuxian Road No. 70, Building E, Hongwei Industrial Park, Baocheng District, Shenzhen, CHN, 518101

Website

http://www.inovance.cn

Founded in 2003 by a group of ex-engineers from Huawei and Emerson, Shenzhen Inovance Technology develops and manufactures components used in elevators, automation equipment, robots, new energy vehicles, and railways. A partial list of products includes variable frequency drives--also known as inverters--servo systems, sensors, interfaces and motor controllers. Inovance employs about 20,000 staff, including over 4,700 research and development engineers. About 95% of Inovance's sales are made in China. Its headquarters are in Shenzhen with a large regional office in Suzhou, and these major offices are supported by over 10 branches across China.

Executives

Ding Long Shan	Supervisors
Liu Ying Xin	Executives
Song Jun En	Directors, Directors, and Executives
Zhu Xing Ming	Directors, executives
Zhao Jin Rong	Director
Li Jun Tian	Directors, executives
Bai Zi Ping	Supervisors
Wang Wei	Director
Li Rui Lin	Executives
Yi Gao Xiang	Executives
Shao Hai Bo	Executives
Yang Chun Lu	Executives
Wu Ni Ni	Securities Affairs Representative
Zhou Bin	Directors, executives
Yao Bing	Executives

Shenzhen Inovance Technology Co (SZSE:300124) Headlines

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