Novoray Corp
SSE:688300
Intrinsic Value
Novoray Corp. engages in the research and development, production, and sale of silica powder materials. [ Read More ]
The intrinsic value of one Novoray Corp stock under the Base Case scenario is 38.26 CNY. Compared to the current market price of 48.36 CNY, Novoray Corp is Overvalued by 21%.
Valuation Backtest
Novoray Corp
Run backtest to discover the historical profit from buying and selling Novoray Corp stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
Novoray Corp
Current Assets | 949.7m |
Cash & Short-Term Investments | 560.7m |
Receivables | 298.1m |
Other Current Assets | 90.9m |
Non-Current Assets | 805m |
Long-Term Investments | 136.5m |
PP&E | 577.5m |
Intangibles | 50.1m |
Other Non-Current Assets | 40.9m |
Current Liabilities | 250.5m |
Accounts Payable | 82.1m |
Accrued Liabilities | 26.2m |
Short-Term Debt | 129.1m |
Other Current Liabilities | 13.1m |
Non-Current Liabilities | 156.8m |
Long-Term Debt | 26.7m |
Other Non-Current Liabilities | 130.1m |
Earnings Waterfall
Novoray Corp
Revenue
|
711.7m
CNY
|
Cost of Revenue
|
-432.2m
CNY
|
Gross Profit
|
279.5m
CNY
|
Operating Expenses
|
-100m
CNY
|
Operating Income
|
179.5m
CNY
|
Other Expenses
|
-5.5m
CNY
|
Net Income
|
174m
CNY
|
Free Cash Flow Analysis
Novoray Corp
Profitability Score
Profitability Due Diligence
Novoray Corp's profitability score is 62/100. The higher the profitability score, the more profitable the company is.
Score
Novoray Corp's profitability score is 62/100. The higher the profitability score, the more profitable the company is.
Solvency Score
Solvency Due Diligence
Novoray Corp's solvency score is 85/100. The higher the solvency score, the more solvent the company is.
Score
Novoray Corp's solvency score is 85/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
Price Targets Summary
Novoray Corp
According to Wall Street analysts, the average 1-year price target for Novoray Corp is 56.1 CNY with a low forecast of 55.55 CNY and a high forecast of 57.75 CNY.
Shareholder Return
Price
Novoray Corp
Average Annual Return | 27.47% |
Standard Deviation of Annual Returns | 73.98% |
Max Drawdown | -53% |
Market Capitalization | 9B CNY |
Shares Outstanding | 185 745 531 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Novoray Corp. engages in the research and development, production, and sale of silica powder materials. The company is headquartered in Lianyungang, Jiangsu and currently employs 472 full-time employees. The company went IPO on 2019-11-15. The firm's main products include fused silica micropowder, crystalline silica micropowder and spherical silica micropowder. Its products are mainly used in electronic circuit substrates, chip packaging materials, new insulating products, thermal interface materials, adhesives, honeycomb ceramics, three-dimensional (3D) printing, dental materials and other industries. The firm mainly conducts its businesses in domestic and overseas markets.
Contact
IPO
Employees
Officers
The intrinsic value of one Novoray Corp stock under the Base Case scenario is 38.26 CNY.
Compared to the current market price of 48.36 CNY, Novoray Corp is Overvalued by 21%.