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 4.20
- Day Range
- CNY 4.16–4.26
- 52-Week Range
- CNY 3.34–6.79
- Bid/Ask
- CNY 4.16 / CNY 4.17
- Market Cap
- CNY 18.08 Bil
- Volume/Avg
- 21.0 Mil / 53.0 Mil
Key Statistics
- Price/Earnings (Normalized)
- 19.25
- Price/Sales
- 0.24
- Dividend Yield (Trailing)
- 1.44%
- Dividend Yield (Forward)
- 1.44%
- 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) | 19.25 | 61.28 | 49.79 |
Price/Book Value | 1.75 | 3.95 | 2.94 |
Price/Sales | 0.24 | 2.45 | 1.31 |
Price/Cash Flow | — | 53.67 | — |
Price/Earnings
600361
002378
000657
Financial Strength
Metric
|
600361
|
002378
|
000657
|
---|---|---|---|
Quick Ratio | 0.67 | 0.65 | 0.96 |
Current Ratio | 1.34 | 1.36 | 1.75 |
Interest Coverage | — | 3.13 | 7.54 |
Quick Ratio
600361
002378
000657
Profitability
Metric
|
600361
|
002378
|
000657
|
---|---|---|---|
Return on Assets (Normalized) | 4.72% | 2.73% | 2.26% |
Return on Equity (Normalized) | 9.82% | 6.53% | 5.10% |
Return on Invested Capital (Normalized) | 5.35% | 4.98% | 3.85% |
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 | — | Bnrzc | $17.2 Bil | |
CHHQY
| China Hongqiao Group Ltd ADR | — | Bhzt | $14.3 Bil | |
CHHQF
| China Hongqiao Group Ltd | — | Vxt | $14.3 Bil | |
NHYKF
| Norsk Hydro ASA | — | Zztc | $12.6 Bil | |
NHYDY
| Norsk Hydro ASA ADR | — | Klb | $12.4 Bil | |
AA
| Alcoa Corp | Qttbwpph | Kfl | $7.2 Bil | |
AWCMY
| Alumina Ltd ADR | Rnndqggtr | Tym | $3.3 Bil | |
AWCMF
| Alumina Ltd | — | Yjbt | $3.3 Bil | |
CSTM
| Constellium SE Class A | — | Nhhv | $2.9 Bil | |
KALU
| Kaiser Aluminum Corp | — | Pzgk | $1.6 Bil |