688300.SS
Price:
$57.31
Market Cap:
$13.84B
Novoray Corporation researches, develops, manufactures, and sells industrial powder materials for various applications worldwide. 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 worldwide. Novoray Corporation was founded in 1984 and is based in Lianyungang, China.
Industry
Chemicals - Specialty
IPO Date
2019-11-15
Stock Exchange
SHH
Ticker
688300.SS
According to Novoray Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.07. This represents a change of -15.49% compared to the average of 3.63 of the last 4 quarters.
The mean historical Current Ratio of Novoray Corporation over the last ten years is 4.96. The current 3.07 Current Ratio has changed 6.09% with respect to the historical average. Over the past ten years (40 quarters), 688300.SS's Current Ratio was at its highest in in the March 2020 quarter at 13.38. The Current Ratio was at its lowest in in the March 2016 quarter at 2.56.
Average
4.96
Median
4.31
Minimum
2.63
Maximum
8.95
Discovering the peaks and valleys of Novoray Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 72.92%
Maximum Annual Current Ratio = 8.95
Minimum Annual Increase = -29.03%
Minimum Annual Current Ratio = 2.63
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.29 | -13.20% |
| 2023 | 3.79 | -21.59% |
| 2022 | 4.84 | -22.92% |
| 2021 | 6.27 | -29.03% |
| 2020 | 8.84 | -1.22% |
| 2019 | 8.95 | 71.58% |
| 2018 | 5.21 | 72.92% |
| 2017 | 3.02 | 9.59% |
| 2016 | 2.75 | 4.80% |
| 2015 | 2.63 | 20.61% |
The current Current Ratio of Novoray Corporation (688300.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.97
5-year avg
5.41
10-year avg
4.96
Novoray Corporation’s Current Ratio is greater than Shanghai Pret Composites Co., Ltd. (1.14), less than CoCreation Grass Co., Ltd (3.16), greater than PhiChem Corporation (1.99), greater than Qingdao Gon Technology Co., Ltd. (1.56), greater than Zhejiang Jiemei Electronic And Technology Co., Ltd. (1.35), greater than Jihua Group Corporation Limited (1.77), greater than Nanjing Hanrui Cobalt Co.,Ltd. (1.40), greater than Xinxiang Richful Lube Additive Co., Ltd (2.97), greater than Zibo Qixiang Tengda Chemical Co., Ltd (0.70), greater than Anhui Jiangnan Chemical Industry Co., Ltd. (2.57),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.14 | $13.64B | |
| 3.16 | $15.09B | |
| 1.99 | $12.77B | |
| 1.56 | $14.07B | |
| 1.35 | $13.00B | |
| 1.77 | $14.49B | |
| 1.40 | $13.21B | |
| 2.97 | $16.93B | |
| 0.70 | $13.30B | |
| 2.57 | $15.42B |
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