-
1 Comment
Ningbo Ronbay New Energy Technology Co., Ltd is currently in a long term uptrend where the price is trading 129.5% above its 200 day moving average.
From a valuation standpoint, the stock is 6.7% cheaper than other stocks from the Technology sector with a price to sales ratio of 7.5.
Ningbo Ronbay New Energy Technology Co., Ltd's total revenue rose by 2.0% to $1B since the same quarter in the previous year.
Its net income has increased by 182.5% to $59M since the same quarter in the previous year.
Finally, its free cash flow fell by 103.1% to $-2M since the same quarter in the previous year.
Based on the above factors, Ningbo Ronbay New Energy Technology Co., Ltd gets an overall score of 4/5.
| Exchange | SHG |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE100003MS6 |
| Sector | Industrials |
| Industry | Electrical Equipment & Parts |
| Target Price | 36 |
|---|---|
| Market Cap | 18B |
| PE Ratio | None |
| Beta | 0.51 |
| Dividend Yield | None |
Ningbo Ronbay New Energy Technology Co.,Ltd. engages in the research and development, manufacture, and sale of multi-materials, lithium iron phosphate materials, sodium electric materials and multi-material precursors in China and internationally. The company's products are used in energy vehicles, energy storage batteries, electric two-wheelers and consumer electronics products. It also offers cathode materials such as NCM811 series, NCA series, and Ni90; nickel series, medium nickel high voltage series, etc.; lithium iron cathode materials; pure series and blended series of lithium manganese iron phosphate cathode materials; and layered oxide and polyanionic series of sodium battery cathode materials. Ningbo Ronbay New Energy Technology Co.,Ltd. was founded in 2014 and is based in Yuyao, China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 688005.SHG using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2026
