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Ningbo Ronbay New Energy TechnologyLtd SHSE:688005 Stock Report

Last Price

CN¥29.23

Market Cap

CN¥14.2b

7D

-10.6%

1Y

-56.1%

Updated

25 Apr, 2024

Data

Company Financials +

Ningbo Ronbay New Energy Technology Co.,Ltd.

SHSE:688005 Stock Report

Market Cap: CN¥14.2b

Ningbo Ronbay New Energy Technology Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ningbo Ronbay New Energy TechnologyLtd
Historical stock prices
Current Share PriceCN¥29.23
52 Week HighCN¥67.82
52 Week LowCN¥23.80
Beta0.71
1 Month Change2.67%
3 Month Change-7.76%
1 Year Change-56.11%
3 Year Change-54.33%
5 Year Changen/a
Change since IPO-40.99%

Recent News & Updates

Earnings Troubles May Signal Larger Issues for Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Shareholders

Apr 21
Earnings Troubles May Signal Larger Issues for Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Shareholders

Market Might Still Lack Some Conviction On Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Even After 28% Share Price Boost

Apr 09
Market Might Still Lack Some Conviction On Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Even After 28% Share Price Boost

Recent updates

Earnings Troubles May Signal Larger Issues for Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Shareholders

Apr 21
Earnings Troubles May Signal Larger Issues for Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Shareholders

Market Might Still Lack Some Conviction On Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Even After 28% Share Price Boost

Apr 09
Market Might Still Lack Some Conviction On Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Even After 28% Share Price Boost

Does Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Have A Healthy Balance Sheet?

Mar 20
Does Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Have A Healthy Balance Sheet?

Shareholder Returns

688005CN ElectricalCN Market
7D-10.6%-2.0%-0.4%
1Y-56.1%-19.0%-14.4%

Return vs Industry: 688005 underperformed the CN Electrical industry which returned -19% over the past year.

Return vs Market: 688005 underperformed the CN Market which returned -14.4% over the past year.

Price Volatility

Is 688005's price volatile compared to industry and market?
688005 volatility
688005 Average Weekly Movement10.2%
Electrical Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 688005's share price has been volatile over the past 3 months.

Volatility Over Time: 688005's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20144,376Xianglie Liuwww.ronbaymat.com

Ningbo Ronbay New Energy Technology Co., Ltd. engages in the research and development, manufacture, and sale of lithium battery ternary cathode materials in China and internationally. Its products are used in new energy vehicle power batteries, energy storage equipment, and electronic products.

Ningbo Ronbay New Energy Technology Co.,Ltd. Fundamentals Summary

How do Ningbo Ronbay New Energy TechnologyLtd's earnings and revenue compare to its market cap?
688005 fundamental statistics
Market capCN¥14.18b
Earnings (TTM)CN¥580.91m
Revenue (TTM)CN¥22.66b

24.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688005 income statement (TTM)
RevenueCN¥22.66b
Cost of RevenueCN¥20.97b
Gross ProfitCN¥1.69b
Other ExpensesCN¥1.11b
EarningsCN¥580.91m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)1.20
Gross Margin7.46%
Net Profit Margin2.56%
Debt/Equity Ratio53.7%

How did 688005 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

24%

Payout Ratio
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