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Novoray Corporation

SHSE:688300 Stock Report

Market Cap: CN¥11.9b

Novoray (688300) Stock Overview

Provides industrial powder materials for various applications in China and internationally. More details

688300 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth6/6
Past Performance5/6
Financial Health5/6
Dividends3/6

Rewards

Earnings are forecast to grow 28.17% per year

Earnings grew by 33.4% over the past year

Risk Analysis

No risks detected for 688300 from our risk checks.

688300 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Novoray Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Novoray
Historical stock prices
Current Share PriceCN¥49.09
52 Week HighCN¥55.67
52 Week LowCN¥28.98
Beta0.73
1 Month Change16.94%
3 Month Change18.33%
1 Year Change22.35%
3 Year Change94.80%
5 Year Change102.46%
Change since IPO213.36%

Recent News & Updates

Recent updates

We Ran A Stock Scan For Earnings Growth And Novoray (SHSE:688300) Passed With Ease

Mar 06
We Ran A Stock Scan For Earnings Growth And Novoray (SHSE:688300) Passed With Ease

These 4 Measures Indicate That Novoray (SHSE:688300) Is Using Debt Safely

Feb 07
These 4 Measures Indicate That Novoray (SHSE:688300) Is Using Debt Safely

Novoray (SHSE:688300) Is Reinvesting At Lower Rates Of Return

Jan 24
Novoray (SHSE:688300) Is Reinvesting At Lower Rates Of Return

Is There Now An Opportunity In Novoray Corporation (SHSE:688300)?

Jan 09
Is There Now An Opportunity In Novoray Corporation (SHSE:688300)?

Novoray Corporation's (SHSE:688300) Shares Climb 31% But Its Business Is Yet to Catch Up

Dec 26
Novoray Corporation's (SHSE:688300) Shares Climb 31% But Its Business Is Yet to Catch Up

Is Now The Time To Put Novoray (SHSE:688300) On Your Watchlist?

Nov 29
Is Now The Time To Put Novoray (SHSE:688300) On Your Watchlist?

Market Participants Recognise Novoray Corporation's (SHSE:688300) Earnings Pushing Shares 34% Higher

Oct 18
Market Participants Recognise Novoray Corporation's (SHSE:688300) Earnings Pushing Shares 34% Higher

These 4 Measures Indicate That Novoray (SHSE:688300) Is Using Debt Safely

Oct 16
These 4 Measures Indicate That Novoray (SHSE:688300) Is Using Debt Safely

What Does Novoray Corporation's (SHSE:688300) Share Price Indicate?

Sep 26
What Does Novoray Corporation's (SHSE:688300) Share Price Indicate?

If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity

Aug 20
If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity

Novoray's (SHSE:688300) Returns On Capital Not Reflecting Well On The Business

Jul 29
Novoray's (SHSE:688300) Returns On Capital Not Reflecting Well On The Business

What Novoray Corporation's (SHSE:688300) P/E Is Not Telling You

Jul 13
What Novoray Corporation's (SHSE:688300) P/E Is Not Telling You

Why Novoray Corporation (SHSE:688300) Could Be Worth Watching

Jun 19
Why Novoray Corporation (SHSE:688300) Could Be Worth Watching

If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity

May 13
If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity

Does Novoray (SHSE:688300) Have A Healthy Balance Sheet?

Apr 23
Does Novoray (SHSE:688300) Have A Healthy Balance Sheet?

Novoray's (SHSE:688300) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 01
Novoray's (SHSE:688300) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Earnings Miss: Novoray Corporation Missed EPS By 8.5% And Analysts Are Revising Their Forecasts

Mar 28
Earnings Miss: Novoray Corporation Missed EPS By 8.5% And Analysts Are Revising Their Forecasts

Subdued Growth No Barrier To Novoray Corporation (SHSE:688300) With Shares Advancing 28%

Mar 01
Subdued Growth No Barrier To Novoray Corporation (SHSE:688300) With Shares Advancing 28%

When Should You Buy Novoray Corporation (SHSE:688300)?

Feb 27
When Should You Buy Novoray Corporation (SHSE:688300)?

Shareholder Returns

688300CN ChemicalsCN Market
7D-0.04%-0.8%0.4%
1Y22.3%19.1%24.8%

Return vs Industry: 688300 exceeded the CN Chemicals industry which returned 19.1% over the past year.

Return vs Market: 688300 underperformed the CN Market which returned 24.8% over the past year.

Price Volatility

Is 688300's price volatile compared to industry and market?
688300 volatility
688300 Average Weekly Movement5.0%
Chemicals Industry Average Movement4.9%
Market Average Movement5.0%
10% most volatile stocks in CN Market8.6%
10% least volatile stocks in CN Market2.9%

Stable Share Price: 688300 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 688300's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002683Xiaodong Liwww.novoray.com

Novoray Corporation provides industrial powder materials for various applications in China and internationally. The company offers crystalline silica powder, fused silica powder, soft composite silica powder, round corner crystalline silica powder, spherical silica powder, spherical aluminum oxide powder, sub-micron spherical silica powder, and acicular powder. It serves electronic materials, electrical insulating materials, ceramics, precision casting, paints and coatings, silicon rubber, functional rubber, plastics, and building materials manufacturing industries.

Novoray Corporation Fundamentals Summary

How do Novoray's earnings and revenue compare to its market cap?
688300 fundamental statistics
Market capCN¥11.85b
Earnings (TTM)CN¥262.74m
Revenue (TTM)CN¥996.77m
45.1x
P/E Ratio
11.9x
P/S Ratio

Is 688300 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688300 income statement (TTM)
RevenueCN¥996.77m
Cost of RevenueCN¥595.71m
Gross ProfitCN¥401.06m
Other ExpensesCN¥138.32m
EarningsCN¥262.74m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 27, 2025

Earnings per share (EPS)1.09
Gross Margin40.24%
Net Profit Margin26.36%
Debt/Equity Ratio4.3%

How did 688300 perform over the long term?

See historical performance and comparison

Dividends

0.8%
Current Dividend Yield
35%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/16 01:29
End of Day Share Price 2025/07/16 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Novoray Corporation is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yilin HouChina International Capital Corporation Limited
Chao LiCitic Securities Co., Ltd.
Zhaohua WangEverbright Securities Co. Ltd.