ScoreWhy is Novoray Corp. ?
1
With ROE of 17.48%, it has a very expensive valuation with a 9.29 Price to Book Value
- Over the past year, while the stock has generated a return of 45.30%, its profits have risen by 24.6%
- At the current price, the company has a high dividend yield of 0.6
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Specialty Chemicals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Novoray Corp. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Novoray Corp.
90.68%
1.45
55.09%
China Shanghai Composite
13.33%
1.58
14.20%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
24.77%
EBIT Growth (5y)
25.69%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.20
Sales to Capital Employed (avg)
0.54
Tax Ratio
12.44%
Dividend Payout Ratio
28.42%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
18.05%
ROE (avg)
14.59%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
53
Industry P/E
Price to Book Value
9.29
EV to EBIT
50.85
EV to EBITDA
42.23
EV to Capital Employed
12.08
EV to Sales
13.65
PEG Ratio
NA
Dividend Yield
0.64%
ROCE (Latest)
23.76%
ROE (Latest)
17.48%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bullish
Bullish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend3What is working for the Company
INTEREST COVERAGE RATIO(Q)
The company hardly has any interest cost
-10What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at CNY 141 MM
DIVIDEND PAYOUT RATIO(Y)
Lowest at 0%
RAW MATERIAL COST(Y)
Grown by 102.88% (YoY
CASH AND EQV(HY)
Lowest at CNY 350.88 MM
DEBT-EQUITY RATIO
(HY)
Highest at 0 %
INVENTORY TURNOVER RATIO(HY)
Lowest at 0 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 0 times
DIVIDEND PER SHARE(HY)
Lowest at CNY 0
EPS(Q)
Lowest at CNY 0
Here's what is not working for Novoray Corp.
Operating Cash Flow
Lowest at CNY 141 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
EPS
Lowest at CNY 0
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (CNY)
Cash and Eqv
Lowest at CNY 350.88 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debt-Equity Ratio
Highest at 0 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Inventory Turnover Ratio
Lowest at 0 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 0 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Dividend per share
Lowest at CNY 0
in the last five yearsMOJO Watch
Company is distributing lower dividend than previous years
DPS (CNY)
Dividend Payout Ratio
Lowest at 0%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)
Raw Material Cost
Grown by 102.88% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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