Novoray Corporation (SHA:688300)

Novoray Statistics

Total Valuation

Novoray has a market cap or net worth of CNY 17.12 billion. The enterprise value is 16.97 billion.

Market Cap	17.12B
Enterprise Value	16.97B

Important Dates

The next estimated earnings date is Wednesday, April 22, 2026.

Earnings Date	Apr 22, 2026
Ex-Dividend Date	May 29, 2025

Share Statistics

Novoray has 241.47 million shares outstanding. The number of shares has decreased by -0.08% in one year.

Current Share Class	241.47M
Shares Outstanding	241.47M
Shares Change (YoY)	-0.08%
Shares Change (QoQ)	+1.34%
Owned by Insiders (%)	41.02%
Owned by Institutions (%)	11.06%
Float	86.25M

Valuation Ratios

The trailing PE ratio is 58.61 and the forward PE ratio is 39.29.

PE Ratio	58.61
Forward PE	39.29
PS Ratio	15.35
PB Ratio	10.48
P/TBV Ratio	10.93
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	57.98
EV / Sales	15.21
EV / EBITDA	43.91
EV / EBIT	50.58
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	0.12
Debt / EBITDA	0.50
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 18.63% and return on invested capital (ROIC) is 19.89%.

Return on Equity (ROE)	18.63%
Return on Assets (ROA)	n/a
Return on Invested Capital (ROIC)	19.89%
Return on Capital Employed (ROCE)	n/a
Weighted Average Cost of Capital (WACC)	9.88%
Revenue Per Employee	1.63M
Profits Per Employee	428,470
Employee Count	704
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, Novoray has paid 41.59 million in taxes.

Income Tax	41.59M
Effective Tax Rate	12.44%

Stock Price Statistics

The stock price has increased by +47.51% in the last 52 weeks. The beta is 1.04, so Novoray's price volatility has been similar to the market average.

Beta (5Y)	1.04
52-Week Price Change	+47.51%
50-Day Moving Average	63.72
200-Day Moving Average	55.07
Relative Strength Index (RSI)	63.81
Average Volume (20 Days)	5,086,383

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Novoray had revenue of CNY 1.12 billion and earned 292.64 million in profits. Earnings per share was 1.21.

Revenue	1.12B
Gross Profit	1.12B
Operating Income	335.48M
Pretax Income	334.23M
Net Income	292.64M
EBITDA	386.44M
EBIT	335.48M
Earnings Per Share (EPS)	1.21

Balance Sheet

The company has 350.88 million in cash and 194.22 million in debt, with a net cash position of 156.66 million or 0.65 per share.

Cash & Cash Equivalents	350.88M
Total Debt	194.22M
Net Cash	156.66M
Net Cash Per Share	0.65
Equity (Book Value)	1.63B
Book Value Per Share	6.76
Working Capital	n/a

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 100.00%, with operating and profit margins of 30.07% and 26.23%.

Gross Margin	100.00%
Operating Margin	30.07%
Pretax Margin	29.96%
Profit Margin	26.23%
EBITDA Margin	34.64%
EBIT Margin	30.07%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.38, which amounts to a dividend yield of 0.54%.

Dividend Per Share	0.38
Dividend Yield	0.54%
Dividend Growth (YoY)	30.00%
Years of Dividend Growth	4
Payout Ratio	n/a
Buyback Yield	0.08%
Shareholder Yield	0.64%
Earnings Yield	1.71%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on May 29, 2025. It was a forward split with a ratio of 1.3.

Last Split Date	May 29, 2025
Split Type	Forward
Split Ratio	1.3

Scores

Altman Z-Score	n/a
Piotroski F-Score	2