688300 Novoray Corporation
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Novoray Corporation News
Novoray (SHSE:688300) Strong Profits May Be Masking Some Underlying Issues
Following the solid earnings report from Novoray Corporation (SHSE:688300), the market responded by bidding up the stock price. Despite this, our analysis suggests that there are some factors weakeni
Is Novoray Corporation's (SHSE:688300) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Most readers would already be aware that Novoray's (SHSE:688300) stock increased significantly by 34% over the past three months. Since the market usually pay for a company's long-term fundamentals,
Lianrui New Materials (688300.SH)'s net profit for the first quarter of 51.675 million yuan increased 79.94% year-on-year
Gelonghui, April 25 | Lianrui New Materials (688300.SH) announced that in the first quarter of 2024, the company's revenue was 202 million yuan, up 39.46% year on year; net profit attributable to shareholders of listed companies was 51.655 million yuan, up 79.94% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 45.55 million yuan, an increase of 99.97% year on year.
Novoray (SHSE:688300) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' So it might
Novoray Corporation Just Missed Earnings - But Analysts Have Updated Their Models
As you might know, Novoray Corporation (SHSE:688300) last week released its latest annual, and things did not turn out so great for shareholders. Novoray missed analyst forecasts, with revenues o
Lianrui New Materials (688300.SH): Plans to invest in the construction of an R&D center for advanced functional powder materials for ICs
Gelonghui March 25 | Lianrui New Materials (688300.SH) announced that on February 19, 2024, the company signed a “Strategic Cooperation Agreement on the R&D Center for Advanced Functional Powder Materials for IC” with the Lianyungang High-tech Industrial Development Zone Management Committee. The company plans to build a R&D center project in the Lianyungang High-tech Industrial Development Zone. The company plans to invest about RMB 10 million to build a new 6,000-square-meter R&D building and related ancillary facilities, purchase special equipment and instruments for R&D, build a world-class and domestic leading R&D center for advanced functional powder materials for ICs, and strive to build a provincial/national R&D center as soon as possible
Lianrui New Materials (688300.SH) plans to invest no more than HK$100,000 to establish a wholly-owned overseas subsidiary in Hong Kong, China
Zhitong Finance App News, Lianrui New Materials (688300.SH) issued an announcement. In order to further improve the company's strategic layout, further maintain and expand overseas business, and enhance the company's overall operation and management efficiency and market competitiveness, the company plans to invest no more than HK$100,000 to establish an overseas wholly-owned subsidiary in Hong Kong, China.
Lianrui New Materials (688300.SH) announced its 2023 annual results, with net profit of 174 million yuan, a year-on-year decrease of 7.57%. It plans to pay 5 yuan
According to Zhitong Finance App News, Lianrui New Materials (688300.SH) disclosed its 2023 annual report. The company achieved revenue of 712 million yuan in 2023, an increase of 7.51%; net profit to mother of 174 million yuan, a year-on-year decrease of 7.57%; deducted non-net profit of 150 million yuan, an increase of 0.21%; and basic earnings per share of 0.94 yuan. The company plans to distribute a cash dividend of 5 yuan (tax included) for every 10 shares to all shareholders. During the reporting period, facing a business environment such as weak demand in the global terminal market in the first half of the year and a steady recovery in downstream demand in the second half of the year, the company actively promoted the transformation and upgrading of the product structure.
Optimistic Investors Push Novoray Corporation (SHSE:688300) Shares Up 26% But Growth Is Lacking
Those holding Novoray Corporation (SHSE:688300) shares would be relieved that the share price has rebounded 26% in the last thirty days, but it needs to keep going to repair the recent damage it has c
Novoray (SHSE:688300) Could Be Struggling To Allocate Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Firstly, we'd want to identify a growing return on capital employ
Lianrui New Materials (688300.SH)'s net profit for 2023 was 174 million yuan, down 7.57% year on year
Lianrui New Materials (688300.SH) disclosed its 2023 annual performance report, and the company achieved operating revenue of 712 million...
Novoray to Build R&D Facility
Novoray (SHA:688300) plans to build a research and development center in the Lianyungang High-tech Industrial Development Zone in China. The industrial powder materials manufacturer signed a cooperati
Lianrui New Materials (688300.SH): Signed a strategic cooperation agreement with the R&D Center for Advanced Functional Powder Materials for ICs
Gelonghui, Feb. 20, | Lianrui New Materials (688300.SH) announced that on February 19, 2024, the company signed a “Strategic Cooperation Agreement for R&D Center for Advanced Functional Powder Materials for IC” with the Lianyungang High-tech Industrial Development Zone Management Committee. The company plans to build a R&D center project in the Lianyungang High-tech Industrial Development Zone. The two sides built a research and development center for advanced functional powder materials for ICs and joined forces to build an industrial innovation platform. Party B will build a new 6,000-square-meter R&D building and related ancillary facilities, purchase special R&D equipment and instruments, and build a world-class and domestic leading advanced functional powder for ICs
Is Now An Opportune Moment To Examine Novoray Corporation (SHSE:688300)?
While Novoray Corporation (SHSE:688300) might not have the largest market cap around , it led the SHSE gainers with a relatively large price hike in the past couple of weeks. Shareholders may ap
Guojin Securities: PCB sets the tone for restorative growth throughout the year, focusing on the boom in high-speed communication and localization of carrier boards
PCBs set the tone for restorative growth throughout the year, and the year-on-year increase is expected to return to 4%.
Novoray Corporation's (SHSE:688300) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Novoray Corporation (SHSE:688300) shareholders won't be pleased to see that the share price has had a very rough month, dropping 25% and undoing the prior period's positive performance. Indeed, the
Following Recent Decline, Novoray Corporation's (SHSE:688300) Top Shareholder CEO Xiaodong Li Sees Holdings Value Drop by 6.4%
Key Insights Novoray's significant insider ownership suggests inherent interests in company's expansion 61% of the business is held by the top 2 shareholders Institutional ownership in Novoray is
Lianrui New Materials (688300.SH): Some packaging material customers are world-renowned companies in Japan, South Korea, etc., and have supplied Lowα spherical silicon and Lowα ball aluminum products in batches
Gelonghui, January 22丨Lianrui New Materials (688300.SH) said on the interactive platform that compared with traditional packaging fillers, HBM packaging fillers have higher requirements in terms of purity, impurities, and large particle control. The requirements for manufacturing technology and production control technology are also stricter, and the upstream and downstream of the industrial chain are more closely coordinated. Some of the company's packaging material customers are world-renowned companies in Japan and South Korea, and the company has supplied Lowα ball silicon and Low α aluminum products in batches. In terms of technical reserves, the company independently innovates and masters through continuous R&D experience and technology accumulation for nearly 40 years
Everbright Securities: Semiconductor recovery is expected to grow stronger, and low-α spherical silicon/spherical aluminum, zirconia, and nanosilver are expected to benefit
Recently, six market research institutes each updated their forecasts for the semiconductor market growth rate in 2024, with growth rates ranging from 13% to 20%.
Novoray Corporation's (SHSE:688300) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Novoray (SHSE:688300) has had a great run on the share market with its stock up by a significant 15% over the last three months. Given the company's impressive performance, we decided to study its f
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