What is Ningbo Ronbay New Energy Technology Co.,Ltd.'s (688005.SS) StockRank?

MoatMap's StockRank for Ningbo Ronbay New Energy Technology Co.,Ltd. (688005.SS) is 24/100, with a Sell signal. This is a composite score combining Quality (22), Value (29), and Momentum (65) factor ranks across MoatMap's 19,000+ stock universe.

Does Ningbo Ronbay New Energy Technology Co.,Ltd. have an economic moat?

Ningbo Ronbay New Energy Technology Co.,Ltd. (688005.SS) has a Quality factor score of 22/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Ningbo Ronbay New Energy Technology Co.,Ltd. a buy, hold, or sell?

MoatMap's current signal for Ningbo Ronbay New Energy Technology Co.,Ltd. (688005.SS) is Sell, based on a StockRank of 24/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Ningbo Ronbay New Energy Technology Co.,Ltd. in?

Ningbo Ronbay New Energy Technology Co.,Ltd. (688005.SS) operates in the Industrials sector, specifically the Electrical Equipment & Parts industry (China).

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688005.SS

SELLREMOVE

Ningbo Ronbay New Energy Technology Co.,Ltd. · Industrials · China · $3.3B · Avg Vol: $146M/d

StockRank

P/E (TTM)

—

ROE

-1.8%

D/E

1.0x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Ronbay is a leading manufacturer of high-nickel cathode materials for EV batteries. Despite its market share, the industry is plagued by severe overcapacity, price wars, and low ROIC, violating our Terry Smith lens.

COMPANY DESCRIPTION

Ningbo Ronbay New Energy Technology Co., Ltd. manufactures high-nickel cathode materials for lithium-ion batteries used in electric vehicles. The company is a dominant market leader in China's high-nickel ternary cathode sector, supplying major battery manufacturers like CATL. Its competitive moat is sustained by advanced precursor synthesis technology, large-scale production efficiencies, and a strong IP portfolio in next-generation solid-state and ultra-high-nickel battery materials.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	4.5B	3.3B	2.2B	1.8B	-25.9%
EPS	0.30	0.08	0.06	-0.04	-54.3%
Shares	672M	721M	720M	715M	+6.4%
Debt	747M	819M	944M	1.0B	10.4%
Equity	1.0B	1.3B	1.2B	1.2B	4.7%
Op CF	-36M	265M	77M	168M	-20.5%
Inv CF	-453M	-250M	-341M	-41M	—
Fin CF	662M	205M	-83M	-71M	—

PRICE (1M)-12.2%

SMA 50SMA 200

$4.95

RSI (14)

53.8

52W High

$6.03

From 52W High

0.8%

SCORE BREAKDOWN

Quality

ROIC

0.4%13.1

ROE

-1.8%13.7

GP/Assets

4.2%8.4

Op. Margin

3.1%26.2

FCF/Assets

3.1%53.3

Piotroski

—36.7

Int. Cover

0.3x13.6

D/E Ratio

0.96x21.5

Current Ratio

1.08x17.3

Value

P/E (TTM)

—N/A

EV/EBITDA

32.9x14.0

P/FCF

211.3x35.3

P/B

2.9x35.5

P/S

1.7x45.9

Div Yield

—N/A

Momentum

52W High %

82%57.9

RS 6M

12%75.5

SMA 50/200

1.09x66.4

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—96.5

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$3.3B

P/E (Forward)

27.6x

Gross Margin

7.3%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 688005.SS are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
688005.SS	Ningbo Ronbay New Energy Technology Co.,Ltd.(you)	$3.3B	24	SELL
600110.SS	Nuode New Materials Co.,Ltd.	$3.2B	27	SELL
605196.SS	Hebei Huatong Wires and Cables Group Co., Ltd.	$3.0B	22	SELL
002176.SZ	Jiangxi Special Electric Motor Co.,Ltd	$3.0B	22	SELL
601567.SS	Ningbo Sanxing Medical Electric Co.,Ltd.	$3.4B	28	SELL
600550.SS	Baoding Tianwei Baobian Electric Co.,Ltd.	$3.6B	27	SELL
002617.SZ	Roshow Technology Co., Ltd.	$2.6B	23	SELL
300827.SZ	Sineng Electric Co.,Ltd.	$2.7B	26	SELL
300342.SZ	Changshu Tianyin Electromechanical Co.,Ltd	$3.1B	20	STRONG SELL
603662.SS	Keli Sensing Technology (Ningbo) Co.,Ltd.	$2.5B	28	SELL

Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%

Ningbo Ronbay New Energy Technology Co.,Ltd. (688005.SS) — Stock Score Summary

Ningbo Ronbay New Energy Technology Co.,Ltd. (688005.SS) has a MoatMap StockRank of 24/100 based on Quality (22/100), Value (29/100), and Momentum (65/100) factor scores. The current signal is SELL. Ronbay is a leading manufacturer of high-nickel cathode materials for EV batteries. Despite its market share, the industry is plagued by severe overcapacity, price wars, and low ROIC, violating our Terry Smith lens.

Key Financial Metrics

Price	$4.95
Market Cap	$3.3B
P/E (Forward)	27.62
Price/Book	2.89
Return on Equity	-1.8%
Return on Invested Capital	0.4%
Debt/Equity	95.76
Gross Margin	7.3%
Operating Margin	3.1%
Revenue Growth	27.6%
Free Cash Flow	$15M

Ningbo Ronbay New Energy Technology Co.,Ltd. operates in the Electrical Equipment & Parts industry, part of the Industrials sector (China).

Frequently Asked Questions

What is Ningbo Ronbay New Energy Technology Co.,Ltd.’s (688005.SS) StockRank?: MoatMap’s StockRank for Ningbo Ronbay New Energy Technology Co.,Ltd. (688005.SS) is 24/100, with a Sell signal. It is a composite of Quality (22), Value (29), and Momentum (65) factor ranks across MoatMap’s 19,000+ stock universe.
Does Ningbo Ronbay New Energy Technology Co.,Ltd. have an economic moat?: Ningbo Ronbay New Energy Technology Co.,Ltd. (688005.SS) has a Quality factor score of 22/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Ningbo Ronbay New Energy Technology Co.,Ltd. a buy, hold, or sell?: MoatMap’s current signal for Ningbo Ronbay New Energy Technology Co.,Ltd. (688005.SS) is Sell, based on a StockRank of 24/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Ningbo Ronbay New Energy Technology Co.,Ltd. in?: Ningbo Ronbay New Energy Technology Co.,Ltd. (688005.SS) operates in the Industrials sector, specifically the Electrical Equipment & Parts industry (China).