Novoray

Novoray Net Debt

The Net Debt of Novoray (688300.SS) as of Nov 2, 2026 is -413.27 M CNY. In the previous year, Net Debt was -449.16 M CNY — a change of -7.99% (higher).

Net Debt

-413.27 MCNY

YoY

-7.99%

Last updated:

Net Debt of Novoray is 2024 -413.27 M CNY. Net Debt of Novoray was 2023 -449.16 M CNY. It decreases by -7.99% higher compared to the previous year.

The Novoray Net Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt
Date
Net Debt
Jan 1, 2017
36.68 M CNY
Jan 1, 2018
-59.33 M CNY
Jan 1, 2019
-422.71 M CNY
Jan 1, 2020
-137.13 M CNY
Jan 1, 2021
-349.88 M CNY
Jan 1, 2022
-380.53 M CNY
Jan 1, 2023
-449.16 M CNY
Jan 1, 2024
-413.27 M CNY
The Novoray Net Debt history
YEARNet DebtYoY
-413.27 MCNY-7.99%
-449.16 MCNY+18.04%
-380.53 MCNY+8.76%
-349.88 MCNY+155.14%
-137.13 MCNY-67.56%
-422.71 MCNY+612.48%
-59.33 MCNY-261.73%
36.68 MCNY-4,101.72%
-916,730.00CNY-104.74%
19.36 MCNY-29.74%
27.55 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.

Frequently Asked Questions about Novoray stock

Net Debt of Novoray is -413.27 M CNY in 2024.

Net Debt of Novoray changed from -449.16 M CNY to -413.27 M CNY, representing a -7.99% change. The value is higher than the previous year.

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

Net debt is total debt minus cash and cash equivalents. It shows the actual debt burden after accounting for available liquid resources.

Net 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 Net Debt's Novoray historically and in real time.

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Balance Sheet — Novoray

All Key Metrics — Novoray