688677.SS
Price:
$46.69
Market Cap:
$5.60B
Qingdao NovelBeam Technology Co., Ltd. provides components and optical solutions for medical, life science, laser, and micro-display projection applications worldwide. It offers medical endoscopy products, such as endoscopes, camera couplers, camera lens, and light source modules; and optical products comprising medical optics, laser/industrial products, and biometrics. The company was founded in 2003 and is based in Qingdao, China.
Industry
Medical - Instruments & Supplies
IPO Date
2021-02-26
Stock Exchange
SHH
Ticker
688677.SS
According to Qingdao NovelBeam Technology Co.,Ltd.’s latest financial reports and current stock price. The company's current ROE is 10.74%. This represents a change of 301.90% compared to the average of 2.67% of the last 4 quarters.
The mean historical ROE of Qingdao NovelBeam Technology Co.,Ltd. over the last ten years is 20.08%. The current 10.74% ROE has changed -46.52% with respect to the historical average. Over the past ten years (40 quarters), 688677.SS's ROE was at its highest in in the March 2020 quarter at 13.65%. The ROE was at its lowest in in the June 2015 quarter at 0%.
Average
20.08%
Median
19.72%
Minimum
10.38%
Maximum
32.67%
Discovering the peaks and valleys of Qingdao NovelBeam Technology Co.,Ltd. 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 = 72.65%
Maximum Annual ROE = 32.67%
Minimum Annual Increase = -64.68%
Minimum Annual ROE = 10.38%
| Year | ROE | Change |
|---|---|---|
| 2024 | 10.38% | -7.89% |
| 2023 | 11.27% | -24.72% |
| 2022 | 14.97% | 38.76% |
| 2021 | 10.79% | -64.68% |
| 2020 | 30.55% | -6.50% |
| 2019 | 32.67% | 34.15% |
| 2018 | 24.36% | -7.48% |
| 2017 | 26.33% | 14.25% |
| 2016 | 23.04% | 40.51% |
| 2015 | 16.40% | 72.65% |
The current ROE of Qingdao NovelBeam Technology Co.,Ltd. (688677.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
12.21%
5-year avg
15.59%
10-year avg
20.08%
Qingdao NovelBeam Technology Co.,Ltd.’s ROE is less than Hangzhou Alltest Biotech Co., Ltd. (7.54%), less than Shenzhen Lifotronic Technology Co., Ltd. (12.08%), greater than Blue Sail Medical Co.,Ltd. (-6.32%), greater than Zhonghong Pulin Medical Products Co., Ltd. (-2.68%), less than Novogene Co., Ltd. (6.88%), less than Jiangxi Sanxin Medtec Co.,Ltd. (17.99%), less than Allmed Medical Products Co., Ltd (12.68%), less than Jianmin Pharmaceutical Group Co.,Ltd. (12.95%), greater than Chimin Health Management Co., Ltd. (-11.47%), less than Jinghua Pharmaceutical Group Co., Ltd. (8.49%),
| Company | ROE | Market cap |
|---|---|---|
| 7.54% | $5.08B | |
| 12.08% | $5.83B | |
| -6.32% | $5.53B | |
| -2.68% | $6.60B | |
| 6.88% | $5.54B | |
| 17.99% | $4.73B | |
| 12.68% | $7.27B | |
| 12.95% | $5.66B | |
| -11.47% | $4.93B | |
| 8.49% | $6.55B |
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