Brief Introduction

Established in 1984, we have been focusing on the R & D, production and sale of nonmetallic minerals powder filler such as silica powder and spherical alumina powder for 35 years, which can be applied extensively in the fields of copper clad laminates for electronic circuits, epoxy plastic sealing materials for chip packaging, electrical insulation materials, adhesives, ceramics, and coatings, etc.

We have always focused on the field of industrial powder , and devoted ourselves to becoming a reliable partner of customers, providing competitive products and solutions to customers around the world.

We were listed on the Science and Technology Innovation Board of Shanghai Stock Exchange in November 2019 with stock code of 688300. As a national high-tech enterprise with 43 patents, we have participated in the preparation of four industrial or national standards. And we have technical research and development platforms such as National Special Superfine Powder Engineering Research Center of China Silica Powder Industrialization Base, Jiangsu Quartz Powder Material Engineering Technical Research Center, Jiangsu Postdoctoral Innovation Practice Base, etc.

Company Overview

Full name Novoray Corporation
Abbreviations Novoray
Code 688300
Founded Apr 28,2002
Listing Nov 15,2019
Domicile LianYuanGuang
Website http://www.novoray.com
Email novoinfo@novoray.com
STAR Theme New Materials
CSRCSector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2018 2017 2016
Earnings Per Share 0.93 0.70 0.57
R&D expenditure as a % of operating revenue 3.80% 3.92% 4.64%
Operating Revenue 278.11 210.96 153.63
Net Income 58.37 42.25 32.71

Income Statement (Unit: RMB mn)

  2018 2017 2016
Operating Revenue 278.11 210.96 153.63
Operating Costs 158.89 123.91 88.31
Operating Income 67.89 47.34 28.97
Pretax Income 67.88 49.33 38.24
Income Tax 9.52 7.08 5.53
Net Income 58.37 42.25 32.71

Balance Sheet(Unit: RMB mn)

  2018 2017 2016
Assets
Current Assets-Total 272.51 195.79 154.92
Non-current Assets-Total 141.22 107.31 89.26
Total Assets 413.73 303.09 244.18
Liabilities
Current Liabilities-Total 52.26 64.92 56.30
Non-current Liabilities-Total 41.93 45.19 25.15
Total Liabilities 94.19 110.11 81.45
Stockholder's Equity
Share Capital 188.05 107.86 107.86
Retained Profits 131.49 85.12 54.87
Minority Interests 0.00 0.00 0.00
Total Owners' Equity 319.55 192.98 162.73

Cash Flow Statement (Unit: RMB mn)

  2018 2017 2016
Net Cash Flows-Operating 55.69 6.50 23.17
Net Cash Flows-Investing -25.21 -26.26 -7.71
Net Cash Flows-Financing 27.08 8.22 1.60

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
广东生益科技股份有限公司 20.00 23.26%
李晓冬 17.35 20.18%
江苏省东海硅微粉厂 15.00 17.45%
江苏连云港国际物流园投资有限公司 2.00 2.33%
刘春昱 1.17 1.36%
东莞市东证宏德投资有限公司 1.07 1.25%
阮建军 1.04 1.21%
湛江中广创业投资有限公司 1.00 1.16%
苏州中和春生三号投资中心(有限合伙) 1.00 1.16%
连云港市工投集团产业投资有限公司 1.00 1.16%
14 Nov 2019

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