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Innovation New Material Technology Co Ltd Class A 600361

Morningstar Rating
CNY 4.24 +0.05 (1.19%)
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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

600361 is trading at a 30% discount.
Price
CNY 3.94
Fair Value
CNY 3.72
Uncertainty
Very High
1-Star Price
CNY 12.25
5-Star Price
CNY 5.27
Economic Moat
Ljc
Capital Allocation
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Trading Information

Previous Close Price
CNY 4.19
Day Range
CNY 4.144.25
52-Week Range
CNY 3.346.79
Bid/Ask
CNY 4.24 / CNY 4.25
Market Cap
CNY 18.39 Bil
Volume/Avg
38.0 Mil / 54.3 Mil

Key Statistics

Price/Earnings (Normalized)
8.63
Price/Sales
0.20
Dividend Yield (Trailing)
1.43%
Dividend Yield (Forward)
1.43%
Total Yield
1.43%

Company Profile

Innovation New Material Technology Co Ltd is engaged in the research, development, production and processing of aluminum alloy and its products.
Sector
Basic Materials
Industry
Aluminum
Stock Style Box
Mid Value
Total Number of Employees
9,829
Website

Comparables

Valuation

Metric
600361
002378
000657
Price/Earnings (Normalized)
8.6373.7640.41
Price/Book Value
1.774.002.56
Price/Sales
0.202.551.14
Price/Cash Flow
41.79
Price/Earnings
600361
002378
000657

Financial Strength

Metric
600361
002378
000657
Quick Ratio
0.670.570.96
Current Ratio
1.341.281.75
Interest Coverage
3.377.54
Quick Ratio
600361
002378
000657

Profitability

Metric
600361
002378
000657
Return on Assets (Normalized)
4.72%2.80%2.26%
Return on Equity (Normalized)
9.82%6.73%5.10%
Return on Invested Capital (Normalized)
5.35%5.14%3.96%
Return on Assets
600361
002378
000657
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Aluminum Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ALMMF
Aluminum Corp of China Ltd Class HKzdd$16.4 Bil
CHHQY
China Hongqiao Group Ltd ADRNprs$13.4 Bil
CHHQF
China Hongqiao Group LtdCxnz$13.4 Bil
NHYDY
Norsk Hydro ASA ADRGgnpl$12.8 Bil
NHYKF
Norsk Hydro ASALgswg$12.8 Bil
AA
Alcoa CorpSymrdrzJlwxb$6.6 Bil
CSTM
Constellium SE Class ABdytv$3.0 Bil
AWCMY
Alumina Ltd ADRDndkndvxLwkx$2.9 Bil
AWCMF
Alumina LtdSdn$2.9 Bil
CENX
Century Aluminum CoCkwbtJbj$1.7 Bil

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