Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

General Information

Novarise Renewable Resources International Limited
Specialty Chemicals

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.16 - - - $0.16 0 - ( No change )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Company Overview

Business Description
Novarise Renewable Resources International Limited (NOE) is involved in the use of its recycling technology to process polypropylene (PP) waste material into fibre-grade PP pellets. The recycled PP pellets are used to produce polypropylene filament yarns, PP consumer webbing products, PP cloth and agricultural wine. The company's production facility is based in Quanzhou, Fujian Province, China.
Strategy Analysis

Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A -5.7 -1.4 0.0% 0.0 0.0 0.0% 0.0%
2013 A 9.1 2.2 -45.9% 8.0 0.0 0.0% 0.0%
2012 A 16.7 4.0 -1.7% 4.4 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
DuluxGroup (DLX) $2,227M 0.1293 0.0615 0.0993 20.0913 18.9279 17.2185 3.58% 3.73% 3.93%
Novarise (NOE) $66M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.56 0.00
Market 1.04 13.40 1.01 0.53
Sector 0.74 12.20 0.65 0.34


Name Position Start Date
Mr Xiaobin Zhuang Chief Financial Officer, Joint Company Secretary, Executive Director 09/12/2009
Mr Qingyue Su Executive Chairman, Managing Director 06/08/2009
Mr Fai-Peng Chen Non-Executive Director 01/01/0001
Mr Liandong Tu Non-Executive Director 09/12/2009
Mr Chung Yi So Non-Executive Director 09/12/2009


Name Position
Winnie Chen Company Secretary

Substantial Shareholders

Holding Name
346,290,284 (83.43%) Citicorp Nominees Pty Limited
24,063,014 (5.80%) Uob Kay Hian Pte Ltd
9,194,931 (2.22%) JP Morgan Nominees Australia Limited

Calendar of Events

Date Event
26 February 2016 Report (Prelim)
28 August 2015 Report (Interim)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.