novarise renewable resources (NOE:ASX)
novarise renewable resources (NOE) Snapshot
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Open
A$0.17
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Previous Close
A$0.17
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Day High
A$0.17
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Day Low
A$0.17
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52 Week High
08/3/12 - A$0.21
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52 Week Low
09/4/12 - A$0.15
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Market Cap
68.5M
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Average Volume 10 Days
7.0K
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EPS TTM
A$0.04
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Shares Outstanding
415.1M
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EX-Date
11/22/10
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P/E TM
4.1x
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Dividend
--
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Dividend Yield
--
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No Related Businessweek News Foundnovarise renewable resources (NOE) Details
Novarise Renewable Resources International Limited produces a range of polypropylene (PP) fibre-based products made from post-consumer polypropylene waste materials. It processes PP waste material into fibre-grade PP pellets, which are used to produce polypropylene filament yarns, PP consumer webbing products, and agricultural twine. The company serves original equipment manufacturers and distributors in the agricultural, industrial, and construction industries. It has sales operations in China, Hong Kong, the Philippines, India, Turkey, Indonesia, Colombia, Sri Lanka, Brazil, Russia, and other Asian and non Asian countries. Novarise Renewable Resources International Limited was founded in 1998 and is based in Quanzhou, the People's Republic of China.
novarise renewable resources (NOE) Top Compensated Officers
novarise renewable resources (NOE) Key Developments
Novarise Renewable Resources International Limited reported consolidated earnings results for the full year ended December 31, 2012. For the period, the company reported sales revenue of AUD 82,450,642, profit before income tax expense of AUD 20,989,247 and profit attributable to equity holders of the company of AUD 16,990,013 or 4.09 cents diluted earnings per share compared to sales revenue of AUD 80,304,361, profit before income tax expense of AUD 19,943,293 and profit attributable to equity holders of the company of AUD 17,004,206 or 4.10 cents diluted earnings per share reported in the same period last year. Net cash provided by operating activities was AUD 23,516,835 against AUD 20,659,606 and payments for purchase of property, plant and equipment were AUD 19,266,347 against AUD 29,790,705 reported last year. The company anticipates that its sales and revenue for 2013 will grow by increasing the sales volume, particularly of recycled PP granules and new products such as computer bags. The company also expects to expand its domestic and international sales to more regions, countries and buyers.
Novarise Renewable Resources International Limited reported consolidated earnings results for the half year ended June 30, 2012. For the period, the company reported sales revenue of AUD 36,315,590, profit before income tax expense of AUD 9,890,431 and profit attributable to equity holders of the company of AUD 7,790,272 or 1.88 cents diluted earnings per share compared to sales revenue of AUD 33,584,739, profit before income tax expense of AUD 8,422,516 and profit attributable to equity holders of the company of AUD 7,268,014 or 1.75 cents diluted earnings per share reported in the same period last year. Net cash provided by operating activities was AUD 2,291,592 against AUD 377,513 and payments for purchase of property, plant and equipment were AUD 13,384,110 against AUD 13,130,799 reported last year.
Novarise Renewable Resources International Limited, Annual General Meeting, May 15, 2012., at 14:05 E. Australia Standard Time. Location: Minter Ellison (Sydney) Building - Aurora Place. Agenda: To receive and consider the financial statements of the company for the period ending 31 December 2011, and related Directors' report, Directors' declaration and auditor's report; to re-Elect Non- Executive Directors Mr. John O'Brien and Mr. Liandong Tu; and to adopt the remuneration report for the year ended 31 December 2011;.
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Industry Analysis
NOE
Industry Average
| Valuation | NOE | Industry Range |
| Price/Earnings | 3.9x |
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| Price/Sales | 0.8x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | 3.9x |
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| TEV/Sales | NM | Not Meaningful |
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To contact NOVARISE RENEWABLE RESOURCES, please visit www.novarise.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.
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