Novoray Corporation, together with its subsidiaries, engages in the research, development, manufacture, and sale of functional filler and silicon micro powder products in China and internationally. 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. Its products are used in electronic materials, electronics and electric appliances, electrical insulating materials, honeycomb and special ceramics, precision casting, paints and coatings, adhesives, silicon and functional rubber, plastics, high-grade building materials, frontier applications, and other applications. The company exports its products. Novoray Corporation was founded in 2002 and is headquartered in Lianyungang, China.
Research context
Novoray Corporation appears in PyInvesting’s Shanghai Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CNY
- Sector
- Basic Materials
- Industry
- Specialty Chemicals
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5 years, 6 months ago
Novoray Corporation is currently in a long term uptrend where the price is trading 29.2% above its 200 day moving average.
From a valuation standpoint, the stock is 196.4% more expensive than other stocks from the Basic Materials sector with a price to sales ratio of 11.9.
Novoray Corporation's total revenue rose by 21.8% to $108M since the same quarter in the previous year.
Its net income has increased by 32.1% to $28M since the same quarter in the previous year.
Finally, its free cash flow grew by 134.4% to $25M since the same quarter in the previous year.
Based on the above factors, Novoray Corporation gets an overall score of 4/5.