Novoray Corporation (SHG:688300) — Market Cap & Net Worth
Market Cap & Net Worth: Novoray Corporation (688300)
Novoray Corporation (SHG:688300) has a market capitalization of $7.53 Billion (CN¥51.46 Billion) as of June 16, 2026. Listed on the SHG stock exchange, this China-based company holds position #2786 globally and #364 in its home market, demonstrating a 35.56% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Novoray Corporation's stock price CN¥213.11 by its total outstanding shares 241469190 (241.47 Million). Review how much debt does Novoray Corporation carry to assess the company's total debt and financial obligations.
Novoray Corporation Market Cap History: 2019 to 2026
Novoray Corporation's market capitalization history from 2019 to 2026. Data shows growth from $718.08 Million to $7.53 Billion (43.58% CAGR).
Novoray Corporation Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Novoray Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
2.37x
Novoray Corporation's market cap is 2.37 times its annual revenue
Latest Price to Earnings (P/E) Ratio
9.05x
Novoray Corporation's market cap is 9.05 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2019 | $718.08 Million | $315.30 Million | $74.69 Million | 2.28x | 9.61x |
| 2020 | $745.57 Million | $404.20 Million | $110.92 Million | 1.84x | 6.72x |
| 2021 | $1.78 Billion | $624.71 Million | $172.87 Million | 2.85x | 10.29x |
| 2022 | $1.14 Billion | $661.95 Million | $188.24 Million | 1.73x | 6.07x |
| 2023 | $1.87 Billion | $711.68 Million | $173.99 Million | 2.63x | 10.75x |
| 2024 | $2.28 Billion | $960.36 Million | $251.37 Million | 2.37x | 9.05x |
Competitor Companies of 688300 by Market Capitalization
Companies near Novoray Corporation in the global market cap rankings as of June 16, 2026.
Key companies related to Novoray Corporation by market ranking:
- Linde plc Ordinary Shares (NASDAQ:LIN): Ranked #95 globally with a market cap of $210.18 Billion USD.
- AIR LIQUIDE ADR 1/5/EO 11 (F:AILA): Ranked #243 globally with a market cap of $103.86 Billion USD ( €88.84 Billion EUR).
- Air Liquide SA (PA:AI): Ranked #253 globally with a market cap of $101.06 Billion USD ( €86.44 Billion EUR).
- Sherwin-Williams Co (NYSE:SHW): Ranked #333 globally with a market cap of $79.39 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #95 | Linde plc Ordinary Shares | NASDAQ:LIN | $210.18 Billion | $521.48 |
| #243 | AIR LIQUIDE ADR 1/5/EO 11 | F:AILA | $103.86 Billion | €36.60 |
| #253 | Air Liquide SA | PA:AI | $101.06 Billion | €165.86 |
| #333 | Sherwin-Williams Co | NYSE:SHW | $79.39 Billion | $320.24 |
Novoray Corporation Historical Marketcap From 2019 to 2026
Between 2019 and today, Novoray Corporation's market cap moved from $718.08 Million to $ 7.53 Billion, with a yearly change of 43.58%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥7.53 Billion | +243.23% |
| 2025 | CN¥2.19 Billion | -3.59% |
| 2024 | CN¥2.28 Billion | +21.62% |
| 2023 | CN¥1.87 Billion | +63.70% |
| 2022 | CN¥1.14 Billion | -35.77% |
| 2021 | CN¥1.78 Billion | +138.67% |
| 2020 | CN¥745.57 Million | +3.83% |
| 2019 | CN¥718.08 Million | -- |
End of Day Market Cap According to Different Sources
On Jun 16th, 2026 the market cap of Novoray Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $7.53 Billion USD |
| MoneyControl | $7.53 Billion USD |
| MarketWatch | $7.53 Billion USD |
| marketcap.company | $7.53 Billion USD |
| Reuters | $7.53 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Novoray Corporation
Novoray Corporation provides industrial powder materials in China and internationally. The company offers crystalline silica powder, fused silica powder, soft composite silica powder, round corner crystalline silica powder, spherical silica powder, spherical aluminum oxide powder, sub-micron spherical silica powder, and acicular powder. It serves electronic materials, electrical insulating materi… Read more