Innovation New Material Technology Co Ltd Class A 600361
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.
Trading Information
- Previous Close Price
- CNY 4.19
- Day Range
- CNY 4.14–4.25
- 52-Week Range
- CNY 3.34–6.79
- 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) | 8.63 | 73.76 | 40.41 |
Price/Book Value | 1.77 | 4.00 | 2.56 |
Price/Sales | 0.20 | 2.55 | 1.14 |
Price/Cash Flow | — | 41.79 | — |
Price/Earnings
600361
002378
000657
Financial Strength
Metric
|
600361
|
002378
|
000657
|
---|---|---|---|
Quick Ratio | 0.67 | 0.57 | 0.96 |
Current Ratio | 1.34 | 1.28 | 1.75 |
Interest Coverage | — | 3.37 | 7.54 |
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
Aluminum Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
ALMMF
| Aluminum Corp of China Ltd Class H | — | Kzdd | $16.4 Bil | |
CHHQY
| China Hongqiao Group Ltd ADR | — | Nprs | $13.4 Bil | |
CHHQF
| China Hongqiao Group Ltd | — | Cxnz | $13.4 Bil | |
NHYDY
| Norsk Hydro ASA ADR | — | Ggnpl | $12.8 Bil | |
NHYKF
| Norsk Hydro ASA | — | Lgswg | $12.8 Bil | |
AA
| Alcoa Corp | Symrdrz | Jlwxb | $6.6 Bil | |
CSTM
| Constellium SE Class A | — | Bdytv | $3.0 Bil | |
AWCMY
| Alumina Ltd ADR | Dndkndvx | Lwkx | $2.9 Bil | |
AWCMF
| Alumina Ltd | — | Sdn | $2.9 Bil | |
CENX
| Century Aluminum Co | Ckwbt | Jbj | $1.7 Bil |