Dashboard
1
Poor Management Efficiency with a low ROCE of 1.95%
- The company has been able to generate a Return on Capital Employed (avg) of 1.95% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
3
The company has declared negative results in Mar'2026 after 2 consecutive positive quarters
4
Underperformed the market in the last 1 year
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-15.34%
0%
-15.34%
6 Months
-19.7%
0%
-19.7%
1 Year
3.16%
0%
3.16%
2 Years
51.29%
0%
51.29%
3 Years
33.01%
0%
33.01%
4 Years
69.49%
0%
69.49%
5 Years
0.11%
0%
0.11%
Hangzhou Innover Technology Co., Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
13.70%
EBIT Growth (5y)
37.64%
EBIT to Interest (avg)
11.13
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.23
Sales to Capital Employed (avg)
0.69
Tax Ratio
1.60%
Dividend Payout Ratio
16.74%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.95%
ROE (avg)
3.83%
Valuation key factors
Factor
Value
P/E Ratio
19
Industry P/E
Price to Book Value
0.80
EV to EBIT
35.60
EV to EBITDA
15.06
EV to Capital Employed
0.74
EV to Sales
0.68
PEG Ratio
0.43
Dividend Yield
0.96%
ROCE (Latest)
2.08%
ROE (Latest)
4.12%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'26 - YoY
Mar'26
Mar'25
Change(%)
Net Sales
138.40
113.70
21.72%
Operating Profit (PBDIT) excl Other Income
-5.50
3.90
-241.03%
Interest
0.10
0.10
Exceptional Items
0.40
0.00
Consolidate Net Profit
0.70
2.80
-75.00%
Operating Profit Margin (Excl OI)
-40.10%
-17.20%
-2.29%
USD in Million.
Net Sales
YoY Growth in quarter ended Mar 2026 is 21.72% vs 12.24% in Mar 2025
Consolidated Net Profit
YoY Growth in quarter ended Mar 2026 is -75.00% vs -28.21% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
707.30
616.50
14.73%
Operating Profit (PBDIT) excl Other Income
58.40
53.50
9.16%
Interest
0.50
0.60
-16.67%
Exceptional Items
-9.60
-6.30
-52.38%
Consolidate Net Profit
29.30
25.70
14.01%
Operating Profit Margin (Excl OI)
47.40%
43.80%
0.36%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 14.73% vs -0.32% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 14.01% vs 173.40% in Dec 2024
About Hangzhou Innover Technology Co., Ltd. 
Hangzhou Innover Technology Co., Ltd.
Industrial Manufacturing
No Details Available.
Company Coordinates 
No Company Details Available






