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Ningbo Ronbay New Energy Technology Co Ltd Class A 688005

Morningstar Rating
CNY 31.08 −0.43 (1.36%)
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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 at a 27% discount.
Price
CNY 30.61
Fair Value
CNY 37.32
Uncertainty
Very High
1-Star Price
CNY 32.39
5-Star Price
CNY 57.37
Economic Moat
Wgzc
Capital Allocation
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News

Trading Information

Previous Close Price
CNY 31.51
Day Range
CNY 30.8031.53
52-Week Range
CNY 23.8067.68
Bid/Ask
CNY 31.08 / CNY 31.09
Market Cap
CNY 15.05 Bil
Volume/Avg
4.8 Mil / 11.9 Mil

Key Statistics

Price/Earnings (Normalized)
58.17
Price/Sales
0.81
Dividend Yield (Trailing)
0.96%
Dividend Yield (Forward)
0.96%
Total Yield
0.96%

Company Profile

Ningbo Ronbay New Energy Technology Co Ltd is a China based company engaged in the development, production and sales of lithium battery cathode materials and their precursors.
Sector
Technology
Industry
Electronic Components
Stock Style Box
Mid Core
Total Number of Employees
4,644

Comparables

Valuation

Metric
688005
688116
002850
Price/Earnings (Normalized)
58.1739.4821.61
Price/Book Value
1.793.932.56
Price/Sales
0.817.542.48
Price/Cash Flow
13.2732.9126.67
Price/Earnings
688005
688116
002850

Financial Strength

Metric
688005
688116
002850
Quick Ratio
1.512.411.65
Current Ratio
1.772.671.87
Interest Coverage
2.769.2115.19
Quick Ratio
688005
688116
002850

Profitability

Metric
688005
688116
002850
Return on Assets (Normalized)
0.73%6.79%7.74%
Return on Equity (Normalized)
2.22%12.18%13.96%
Return on Invested Capital (Normalized)
1.50%8.91%11.18%
Return on Assets
688005
688116
002850
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