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Novoray SHSE:688300 Stock Report

Last Price

CN¥69.76

Market Cap

CN¥13.0b

7D

20.4%

1Y

36.3%

Updated

21 Dec, 2024

Data

Company Financials +

688300 Stock Overview

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

688300 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance4/6
Financial Health6/6
Dividends3/6

Rewards

Risk Analysis

No risks detected for 688300 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Novoray Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Novoray
Historical stock prices
Current Share PriceCN¥69.76
52 Week HighCN¥71.77
52 Week LowCN¥28.88
Beta0.91
1 Month Change30.91%
3 Month Change81.90%
1 Year Change36.30%
3 Year Change37.92%
5 Year Change252.39%
Change since IPO242.54%

Recent News & Updates

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

Recent updates

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
7D20.4%-2.3%-1.2%
1Y36.3%0.7%11.8%

Return vs Industry: 688300 exceeded the CN Chemicals industry which returned 0.7% over the past year.

Return vs Market: 688300 exceeded the CN Market which returned 11.8% over the past year.

Price Volatility

Is 688300's price volatile compared to industry and market?
688300 volatility
688300 Average Weekly Movement10.3%
Chemicals Industry Average Movement8.2%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

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 (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002569Xiaodong 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¥12.96b
Earnings (TTM)CN¥234.04m
Revenue (TTM)CN¥894.54m

55.4x

P/E Ratio

14.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688300 income statement (TTM)
RevenueCN¥894.54m
Cost of RevenueCN¥527.31m
Gross ProfitCN¥367.23m
Other ExpensesCN¥133.20m
EarningsCN¥234.04m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.26
Gross Margin41.05%
Net Profit Margin26.16%
Debt/Equity Ratio6.6%

How did 688300 perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

39%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 23:43
End of Day Share Price 2024/12/20 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

Novoray Corporation is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zheng ZhouChina Merchants Securities Co. Ltd.
Chao LiCitic Securities Co., Ltd.
Zhaohua WangEverbright Securities Co. Ltd.