Novoray

Novoray Equity

The The Equity of Novoray (688300.SS) as of Oct 24, 2026 is 1.63 B CNY. In the previous year, The Equity was 1.51 B CNY — a change of 8.34% (higher).

Equity

1.63 BCNY

YoY

8.34%

Last updated:

In 2025, Novoray's equity was 1.63 B CNY, a 8.34% increase from the 1.51 B CNY equity in the previous year.

The Novoray Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Equity
Date
Equity
Jan 1, 2018
319.55 M CNY
Jan 1, 2019
896.15 M CNY
Jan 1, 2020
963.95 M CNY
Jan 1, 2021
1.09 B CNY
Jan 1, 2022
1.23 B CNY
Jan 1, 2023
1.35 B CNY
Jan 1, 2024
1.51 B CNY
Jan 1, 2025
1.63 B CNY
The Novoray Equity history
YEAREquityYoY
1.63 BCNY+8.34%
1.51 BCNY+11.89%
1.35 BCNY+9.55%
1.23 BCNY+12.46%
1.09 BCNY+13.46%
963.95 MCNY+7.57%
896.15 MCNY+180.45%
319.55 MCNY+65.58%
192.98 MCNY+18.59%
162.73 MCNY+31.94%
123.33 MCNY+28.25%
96.16 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.

Equity Details

Analyzing Novoray's Equity

Novoray's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Novoray's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Novoray's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Novoray's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Novoray’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Novoray stock

The Equity of Novoray is 1.63 B CNY in 2025.

The Equity of Novoray changed from 1.51 B CNY to 1.63 B CNY, representing a 8.34% change. The value is higher than the previous year.

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

The Equity'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 The Equity's Novoray historically and in real time.

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Balance Sheet — Novoray

All Key Metrics — Novoray