Shenzhen Inovance Technology Co (SZSE:300124) Other Long Term Assets : ¥8,038 Mil (As of Mar. 2024)

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What is Shenzhen Inovance Technology Co Other Long Term Assets?

Shenzhen Inovance Technology Co's other long-term assets for the quarter that ended in Mar. 2024 was ¥8,038 Mil.

Shenzhen Inovance Technology Co's quarterly other long-term assets increased from Sep. 2023 (¥6,442 Mil) to Dec. 2023 (¥7,929 Mil) and increased from Dec. 2023 (¥7,929 Mil) to Mar. 2024 (¥8,038 Mil).

Shenzhen Inovance Technology Co's annual other long-term assets increased from Dec. 2021 (¥3,510 Mil) to Dec. 2022 (¥5,786 Mil) and increased from Dec. 2022 (¥5,786 Mil) to Dec. 2023 (¥7,929 Mil).

Shenzhen Inovance Technology Co Other Long Term Assets Historical Data

The historical data trend for Shenzhen Inovance Technology Co's Other Long Term Assets 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 Other Long Term Assets Chart

Shenzhen Inovance Technology Co Annual Data

Trend

Dec14

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Dec23

Other Long Term Assets

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1,314.53

1,765.11

3,510.19

5,786.20

7,929.13

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
Other Long Term Assets	Get a 7-Day Free Trial															6,007.92	6,471.92	6,441.83	7,929.13	8,037.71

Shenzhen Inovance Technology Co Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

Shenzhen Inovance Technology Co (SZSE:300124) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Inovance Technology Co Ltd (SZSE:300124) » Definitions » Other Long Term Assets

Traded in Other Exchanges

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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.

Shenzhen Inovance Technology Co (SZSE:300124) Headlines

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