Ningbo Ronbay New Energy Technology Co Ltd Class A 688005

Morningstar Rating
¥29.00 +4.66 (19.15%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

688005 is trading within a range we consider fairly valued.
Price
¥28.84
Fair Value
¥25.23
Uncertainty
Very High
1-Star Price
¥26.29
5-Star Price
¥67.74
Economic Moat
Kksf
Capital Allocation

Trading Information

Previous Close Price
¥24.34
Day Range
¥25.5829.05
52-Week Range
¥19.1745.23
Bid/Ask
¥29.00 / ¥29.01
Market Cap
¥14.01 Bil
Volume/Avg
27.0 Mil / 6.9 Mil

Key Statistics

Price/Earnings (Normalized)
96.34
Price/Sales
0.85
Dividend Yield (Trailing)
1.04%
Dividend Yield (Forward)
1.04%
Total Yield
1.04%

Company Profile

Ningbo Ronbay New Energy Technology Co Ltd is engaged in developing, producing and selling lithium battery cathode materials and their precursors.
Sector
Technology
Industry
Electronic Components
Stock Style Box
Mid Core
Total Number of Employees
4,376

Comparables

Valuation

Metric
688005
688778
002850
Price/Earnings (Normalized)
96.3434.5919.65
Price/Book Value
1.671.822.44
Price/Sales
0.851.002.36
Price/Cash Flow
12.0213.8910.45
Price/Earnings
688005
688778
002850

Financial Strength

Metric
688005
688778
002850
Quick Ratio
1.471.121.74
Current Ratio
1.721.731.97
Interest Coverage
2.4315.0917.89
Quick Ratio
688005
688778
002850

Profitability

Metric
688005
688778
002850
Return on Assets (Normalized)
1.61%4.77%8.06%
Return on Equity (Normalized)
4.82%7.59%14.02%
Return on Invested Capital (Normalized)
2.73%6.58%11.62%
Return on Assets
688005
688778
002850

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