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
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.
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%.
Average
15.56%
Median
15.55%
Minimum
8.34%
Maximum
21.89%
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%
| Year | ROE | Change |
|---|---|---|
| 2024 | 16.67% | 29.12% |
| 2023 | 12.91% | -15.62% |
| 2022 | 15.30% | -3.18% |
| 2021 | 15.81% | 37.36% |
| 2020 | 11.51% | 38.05% |
| 2019 | 8.34% | -54.37% |
| 2018 | 18.27% | -16.57% |
| 2017 | 21.89% | 8.92% |
| 2016 | 20.10% | 36.06% |
| 2015 | 14.77% | -24.86% |
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’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%),
| Company | ROE | Market cap |
|---|---|---|
| 5.78% | $13.83B | |
| 21.99% | $15.24B | |
| 7.38% | $12.72B | |
| 16.06% | $13.94B | |
| 6.72% | $12.21B | |
| -34.93% | $14.89B | |
| 4.93% | $13.36B | |
| 22.73% | $17.20B | |
| -2.67% | $13.53B | |
| 8.24% | $15.66B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Novoray Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Novoray Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Novoray Corporation's ROE?
How is the ROE calculated for Novoray Corporation (688300.SS)?
What is the highest ROE for Novoray Corporation (688300.SS)?
What is the 3-year average ROE for Novoray Corporation (688300.SS)?
What is the 5-year average ROE for Novoray Corporation (688300.SS)?
How does the current ROE for Novoray Corporation (688300.SS) compare to its historical average?