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Ningbo Ronbay New Energy TechnologyLtd SHSE:688005 Stock Report

Last Price

CN¥29.28

Market Cap

CN¥14.1b

7D

-1.4%

1Y

-22.4%

Updated

10 Jan, 2025

Data

Company Financials +

Ningbo Ronbay New Energy Technology Co.,Ltd.

SHSE:688005 Stock Report

Market Cap: CN¥14.1b

My Notes

Capture your thoughts, links and company narrative

Ningbo Ronbay New Energy Technology Co.,Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ningbo Ronbay New Energy TechnologyLtd
Historical stock prices
Current Share PriceCN¥29.28
52 Week HighCN¥44.50
52 Week LowCN¥19.17
Beta0.58
1 Month Change-15.52%
3 Month Change10.03%
1 Year Change-22.35%
3 Year Change-78.51%
5 Year Change-23.33%
Change since IPO-40.88%

Recent News & Updates

Recent updates

Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Has A Somewhat Strained Balance Sheet

Dec 16
Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Has A Somewhat Strained Balance Sheet

Even With A 25% Surge, Cautious Investors Are Not Rewarding Ningbo Ronbay New Energy Technology Co.,Ltd.'s (SHSE:688005) Performance Completely

Nov 28
Even With A 25% Surge, Cautious Investors Are Not Rewarding Ningbo Ronbay New Energy Technology Co.,Ltd.'s (SHSE:688005) Performance Completely

Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Could Be Struggling To Allocate Capital

Nov 25
Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Could Be Struggling To Allocate Capital

Ningbo Ronbay New Energy TechnologyLtd's (SHSE:688005) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 06
Ningbo Ronbay New Energy TechnologyLtd's (SHSE:688005) Shareholders Have More To Worry About Than Only Soft Earnings

Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Held Back By Insufficient Growth Even After Shares Climb 34%

Oct 14
Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Held Back By Insufficient Growth Even After Shares Climb 34%

Improved Revenues Required Before Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Shares Find Their Feet

Aug 26
Improved Revenues Required Before Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Shares Find Their Feet

Analysts Just Slashed Their Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) EPS Numbers

Aug 07
Analysts Just Slashed Their Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) EPS Numbers

Revenue Miss: Ningbo Ronbay New Energy Technology Co.,Ltd. Fell 10% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Aug 06
Revenue Miss: Ningbo Ronbay New Energy Technology Co.,Ltd. Fell 10% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Is Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) A Risky Investment?

Aug 02
Is Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) A Risky Investment?

Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Will Be Hoping To Turn Its Returns On Capital Around

Jul 15
Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Will Be Hoping To Turn Its Returns On Capital Around

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-1.4%-1.0%-1.5%
1Y-22.4%14.3%5.6%

Return vs Industry: 688005 underperformed the CN Electrical industry which returned 14.3% over the past year.

Return vs Market: 688005 underperformed the CN Market which returned 5.6% over the past year.

Price Volatility

Is 688005's price volatile compared to industry and market?
688005 volatility
688005 Average Weekly Movement8.4%
Electrical Industry Average Movement7.4%
Market Average Movement7.2%
10% most volatile stocks in CN Market11.2%
10% least volatile stocks in CN Market4.4%

Stable Share Price: 688005 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 688005's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20144,380Xianglie 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¥14.14b
Earnings (TTM)CN¥81.40m
Revenue (TTM)CN¥15.41b

173.8x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688005 income statement (TTM)
RevenueCN¥15.41b
Cost of RevenueCN¥14.30b
Gross ProfitCN¥1.10b
Other ExpensesCN¥1.02b
EarningsCN¥81.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Apr 01, 2025

Earnings per share (EPS)0.17
Gross Margin7.16%
Net Profit Margin0.53%
Debt/Equity Ratio70.9%

How did 688005 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

179%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 20:04
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Ningbo Ronbay New Energy Technology Co.,Ltd. is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jun MaChangjiang Securities Co. LTD.
Shuo LiuChina International Capital Corporation Limited
Tao ZengChina International Capital Corporation Limited