Novoray Corporation

Shanghai Stock Exchange 688300.SS

Novoray Corporation Return on Assets (ROA) for the year ending December 31, 2023: 9.92%

Novoray Corporation Return on Assets (ROA) is 9.92% for the year ending December 31, 2023, a -19.00% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.
  • Novoray Corporation Return on Assets (ROA) for the year ending December 31, 2022 was 12.24%, a -7.59% change year over year.
  • Novoray Corporation Return on Assets (ROA) for the year ending December 31, 2021 was 13.25%, a 30.49% change year over year.
  • Novoray Corporation Return on Assets (ROA) for the year ending December 31, 2020 was 10.15%, a 39.14% change year over year.
  • Novoray Corporation Return on Assets (ROA) for the year ending December 31, 2019 was 7.30%, a -48.28% change year over year.
Key data
Date Return on Assets (ROA) Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio
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SV Wall Street
Shanghai Stock Exchange: 688300.SS

Novoray Corporation

CEO Mr. Xiaodong Li
IPO Date Nov. 15, 2019
Location China
Headquarters No.6, Zhujiang Road
Employees 558
Sector Materials
Industries
Description

Novoray Corporation researches, develops, manufactures, and sells industrial powder materials for various applications worldwide. 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. It serves electronic materials, electrical insulating materials, ceramics, precision casting, paints and coatings, silicon rubber, functional rubber, plastics, and building materials manufacturing industries worldwide. Novoray Corporation was founded in 1984 and is based in Lianyungang, China.

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StockViz Staff

February 1, 2025

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