Novoray Corporation Market Cap ($2.82 Billion)
Market Cap & Net Worth: Novoray Corporation (688300)
Novoray Corporation market cap. Novoray Corporation (SHG:688300) has a market capitalization of $2.82 Billion (CN¥19.29 Billion) as of November 8, 2026. Listed on the SHG stock exchange, this China-based company holds position #4912 globally and #788 in its home market, demonstrating a -5.11% decrease 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¥79.90 by its total outstanding shares 241469190 (241.47 Million). Also see Novoray Corporation cash flow conversion for how efficiently the company converts equity into cash flow.
Novoray Corporation Market Cap History (2019–2026)
Novoray Corporation market cap history from 2019 to 2026. Data shows growth from $718.08 Million to $2.82 Billion (22.23% CAGR). Check Novoray Corporation (688300) stock price for real-time trading data and today's change.
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. Explore Novoray Corporation (688300) net asset momentum to track how rapidly the company is growing its equity base year over year.
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 November 8, 2026. Also see Novoray Corporation balance sheet assets for a full breakdown of the balance sheet.
Key companies related to Novoray Corporation by market ranking:
- Linde plc Ordinary Shares (NASDAQ:LIN): Ranked #93 globally with a market cap of $215.12 Billion USD.
- AIR LIQUIDE ADR 1/5/EO 11 (F:AILA): Ranked #237 globally with a market cap of $103.86 Billion USD ( €88.84 Billion EUR).
- Air Liquide SA (PA:AI): Ranked #247 globally with a market cap of $101.06 Billion USD ( €86.44 Billion EUR).
- Sherwin-Williams Co (NYSE:SHW): Ranked #311 globally with a market cap of $85.30 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #93 | Linde plc Ordinary Shares | NASDAQ:LIN | $215.12 Billion | $515.25 |
| #237 | AIR LIQUIDE ADR 1/5/EO 11 | F:AILA | $103.86 Billion | €36.60 |
| #247 | Air Liquide SA | PA:AI | $101.06 Billion | €187.78 |
| #311 | Sherwin-Williams Co | NYSE:SHW | $85.30 Billion | $344.10 |
Market Capitalization of Novoray Corporation (2019–2026)
Market capitalization of Novoray Corporation from 2019 to today. Between 2019 and today, Novoray Corporation's market cap moved from $718.08 Million to $ 2.82 Billion, with a yearly change of 22.23%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥2.82 Billion | +28.68% |
| 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 Nov 7th, 2026 the market cap of Novoray Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.82 Billion USD |
| MoneyControl | $2.82 Billion USD |
| MarketWatch | $2.82 Billion USD |
| marketcap.company | $2.82 Billion USD |
| Reuters | $2.82 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