Novoray

Novoray EBIT/Assets

The Operating Income to Assets Ratio (EBIT/Assets) of Novoray (688300.SS) as of Oct 23, 2026 is 14.84 %. In the previous year, Operating Income to Assets Ratio (EBIT/Assets) was 14.47 % — a change of 2.58% (higher).

EBIT/Assets

14.84 %

YoY

2.58%

Last updated:

Operating Income to Assets Ratio (EBIT/Assets) of Novoray is 2025 14.84 % . Operating Income to Assets Ratio (EBIT/Assets) of Novoray was 2024 14.47 % . It decreases by 2.58% higher compared to the previous year.

The Novoray EBIT/Assets history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT/Assets
Date
EBIT/Assets
Jan 1, 2018
16.41 CNY
Jan 1, 2019
8.36 CNY
Jan 1, 2020
11.34 CNY
Jan 1, 2021
15.11 CNY
Jan 1, 2022
12.40 CNY
Jan 1, 2023
11.13 CNY
Jan 1, 2024
14.47 CNY
Jan 1, 2025
14.84 CNY
The Novoray EBIT/Assets history
YEAREBIT/AssetsYoY
14.84 %+2.58%
14.47 %+29.94%
11.13 %-10.18%
12.40 %-17.98%
15.11 %+33.28%
11.34 %+35.63%
8.36 %-49.05%
16.41 %+5.07%
15.62 %+23.89%
12.61 %+40.64%
8.96 %-4.70%
9.41 %—

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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.

Frequently Asked Questions about Novoray stock

Operating Income to Assets Ratio (EBIT/Assets) of Novoray is 14.84 % in 2025.

Operating Income to Assets Ratio (EBIT/Assets) of Novoray changed from 14.47 % to 14.84 %, representing a 2.58% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Operating Income to Assets Ratio (EBIT/Assets) Novoray since 2006 – with annual values, charts, and detailed analysis.

EBIT/Assets measures operating profitability relative to total assets, providing an unlevered view of asset efficiency that is comparable across capital structures.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Operating Income to Assets Ratio (EBIT/Assets)'s Novoray with sector peers and the industry average to assess whether it is attractive.

To evaluate Operating Income to Assets Ratio (EBIT/Assets)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Operating Income to Assets Ratio (EBIT/Assets).

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Profitability — Novoray

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