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Novoray Corp
SSE:688300

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Novoray Corp
SSE:688300
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Price: 51.98 CNY -2.15% Market Closed
Market Cap: 9.7B CNY
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Gross Margin
Novoray Corp

40.3%
Current
39%
Average
23.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
40.3%
=
Gross Profit
360.8m
/
Revenue
894.5m

Gross Margin Across Competitors

Country CN
Market Cap 9.7B CNY
Gross Margin
40%
Country SA
Market Cap 228.3B SAR
Gross Margin
17%
Country ID
Market Cap 43.8B USD
Gross Margin
3%
Country ID
Market Cap 555.8T IDR
Gross Margin
3%
Country US
Market Cap 31.8B USD
Gross Margin
11%
Country UK
Market Cap 27.2B USD
Gross Margin
12%
Country US
Market Cap 16.8B USD
Gross Margin
15%
Country KR
Market Cap 23.3T KRW
Gross Margin
16%
Country CN
Market Cap 100.3B CNY
Gross Margin
8%
Country CN
Market Cap 90.4B CNY
Gross Margin
4%
Country IN
Market Cap 908.2B INR
Gross Margin
49%
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Novoray Corp
Glance View

Market Cap
9.7B CNY
Industry
Chemicals

Novoray Corp. engages in the research and development, production, and sale of silica powder materials. The company is headquartered in Lianyungang, Jiangsu and currently employs 472 full-time employees. The company went IPO on 2019-11-15. The firm's main products include fused silica micropowder, crystalline silica micropowder and spherical silica micropowder. Its products are mainly used in electronic circuit substrates, chip packaging materials, new insulating products, thermal interface materials, adhesives, honeycomb ceramics, three-dimensional (3D) printing, dental materials and other industries. The firm mainly conducts its businesses in domestic and overseas markets.

Intrinsic Value
44.05 CNY
Overvaluation 15%
Intrinsic Value
Price
N

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
40.3%
=
Gross Profit
360.8m
/
Revenue
894.5m
What is the Gross Margin of Novoray Corp?

Based on Novoray Corp's most recent financial statements, the company has Gross Margin of 40.3%.