Novoray Corporation

Novoray Corporationverified

688300.SS

Price:

$56.79

Market Cap:

$13.71B

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

The ROE as of December 2025 (TTM) for Novoray Corporation (688300.SS) is 18.30%

According to Novoray Corporation’s latest financial reports and current stock price. The company's current ROE is 18.30%. This represents a change of 300.42% compared to the average of 4.57% of the last 4 quarters.

Novoray Corporation (688300.SS) Historical ROE (quarterly & annually)

How has 688300.SS ROE performed in the past?

The mean historical ROE of Novoray Corporation over the last ten years is 15.56%. The current 18.30% ROE has changed 17.62% with respect to the historical average. Over the past ten years (40 quarters), 688300.SS's ROE was at its highest in in the September 2016 quarter at 6.63%. The ROE was at its lowest in in the March 2020 quarter at 1.95%.

Quarterly (TTM)
Annual

Average

15.56%

Median

15.55%

Minimum

8.34%

Maximum

21.89%

Novoray Corporation (688300.SS) ROE by Quarter and Year

Discovering the peaks and valleys of Novoray Corporation ROE, 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 = 38.05%

Maximum Annual ROE = 21.89%

Minimum Annual Increase = -54.37%

Minimum Annual ROE = 8.34%

Quarterly (TTM)
Annual
YearROEChange
202416.67%29.12%
202312.91%-15.62%
202215.30%-3.18%
202115.81%37.36%
202011.51%38.05%
20198.34%-54.37%
201818.27%-16.57%
201721.89%8.92%
201620.10%36.06%
201514.77%-24.86%

Novoray Corporation (688300.SS) Average ROE

How has 688300.SS ROE performed in the past?

The current ROE 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

14.96%

5-year avg

14.44%

10-year avg

15.56%

Novoray Corporation (688300.SS) ROE vs. Peers

How is 688300.SS’s ROE compared to its peers?

Novoray Corporation’s ROE is less than Shanghai Pret Composites Co., Ltd. (5.78%), less than CoCreation Grass Co., Ltd (21.99%), less than PhiChem Corporation (7.38%), less than Qingdao Gon Technology Co., Ltd. (16.06%), less than Zhejiang Jiemei Electronic And Technology Co., Ltd. (6.72%), greater than Jihua Group Corporation Limited (-34.93%), less than Nanjing Hanrui Cobalt Co.,Ltd. (4.93%), less than Xinxiang Richful Lube Additive Co., Ltd (22.73%), greater than Zibo Qixiang Tengda Chemical Co., Ltd (-2.67%), less than Anhui Jiangnan Chemical Industry Co., Ltd. (8.24%),

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