Ningbo Ronbay New Energy Technology Co., Ltd.

Shanghai Stock Exchange 688005.SS

Ningbo Ronbay New Energy Technology Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2023: 6.68%

Ningbo Ronbay New Energy Technology Co., Ltd. Return on Equity (ROE) is 6.68% for the year ending December 31, 2023, a -65.63% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Ningbo Ronbay New Energy Technology Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2022 was 19.43%, a 15.78% change year over year.
Ningbo Ronbay New Energy Technology Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2021 was 16.78%, a 253.12% change year over year.
Ningbo Ronbay New Energy Technology Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2020 was 4.75%, a 134.45% change year over year.
Ningbo Ronbay New Energy Technology Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2019 was 2.03%, a -70.20% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

Shanghai Stock Exchange: 688005.SS

Ningbo Ronbay New Energy Technology Co., Ltd.

CEO	Mr. Houshan Bai
IPO Date	July 22, 2019
Location	China
Headquarters	No.39, East Road of Tanjialing
Employees	4,376
Sector	Utilities
Industries Energy Storage & Batteries Lithium

Description

Ningbo Ronbay New Energy Technology Co., Ltd. engages in the research and development, manufacturing, and sale of lithium battery cathode materials in China and internationally. The company was founded in 2014 and is based in Yuyao, China.

Key trends

Past 5 years