Novoray

Novoray Debt

The Debt of Novoray (688300.SS) as of Nov 14, 2026 is 120.94 M CNY. In the previous year, Debt was 115.89 M CNY — a change of 4.35% (higher).

Debt

120.94 MCNY

YoY

4.35%

Last updated:

In 2024, Novoray's total debt was 120.94 M CNY, a 4.35% change from the 115.89 M CNY total debt recorded in the previous year.

The Novoray Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt
Date
Debt
Jan 1, 2017
56.80 M CNY
Jan 1, 2018
27.80 M CNY
Jan 1, 2019
24.84 M CNY
Jan 1, 2020
19.25 M CNY
Jan 1, 2021
715,592.00 CNY
Jan 1, 2022
30.92 M CNY
Jan 1, 2023
115.89 M CNY
Jan 1, 2024
120.94 M CNY
The Novoray Debt history
YEARDebtYoY
120.94 MCNY+4.35%
115.89 MCNY+274.85%
30.92 MCNY+4,220.53%
715,592.00CNY-96.28%
19.25 MCNY-22.50%
24.84 MCNY-10.64%
27.80 MCNY-51.06%
56.80 MCNY+67.29%
33.95 MCNY-2.99%
35.00 MCNY-20.45%
44.00 MCNY—

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Novoray Stock analysis

What does Novoray do? Novoray Corp. generates revenue through the research, development, and sale of silica powder materials. The company produces micron-level and sub-micron-level angular powders, micron-level spherical inorganic powders processed by flame fusion, sub-micron-level spherical particles using high-temperature oxidation and liquid phase methods, ultrafine particles with surface treatment, functional particles, and slurry products. These products are sold to industries requiring epoxy molding materials (EMC), liquid molding materials (LMC), underfill materials, copper clad laminates (CCL), laminated adhesive films, thermal interface materials (TIM), and adhesives for new energy vehicle batteries and solar photovoltaic cells. The primary customers include manufacturers of electronic components and materials for the semiconductor and renewable energy sectors. The firm's product portfolio targets specific applications in chip packaging, electronic circuits, and thermal management solutions. Customers in the semiconductor industry purchase EMC, LMC, and Underfill materials, while those in renewable energy sources utilize TIM and structural adhesives for solar cells. The company's focus on specialized silica powders for high-performance materials ensures steady demand from technology-driven markets. Novoray Corp. serves industrial segments where precision and material performance are critical, such as semiconductor manufacturing and renewable energy production. Its products enable enhanced thermal conductivity and structural integrity in electronic devices and energy systems. By addressing niche requirements in these sectors, the company secures contracts with established manufacturers in both electronics and clean energy fields. Novoray is one of the most popular companies on Eulerpool.

Debt Details

Understanding Novoray's Debt Structure

Novoray's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Novoray's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Novoray’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Novoray’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Novoray stock

Debt of Novoray is 120.94 M CNY in 2024.

Debt of Novoray changed from 115.89 M CNY to 120.94 M CNY, representing a 4.35% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Debt Novoray since 2006 – with annual values, charts, and detailed analysis.

Debt's CNY is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's Novoray historically and in real time.

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Balance Sheet — Novoray

All Key Metrics — Novoray