Financial Review: NOVONIX (NASDAQ:NVX) & Sunrise New Energy (NASDAQ:EPOW)

Sunrise New Energy (NASDAQ:EPOW) and NOVONIX (NASDAQ:NVX) are both small-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends and earnings.

Risk and Volatility

Sunrise New Energy has a beta of 0.11, meaning that its share price is 89% less volatile than the S&P 500. Comparatively, NOVONIX has a beta of 2.94, meaning that its share price is 194% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings for Sunrise New Energy and NOVONIX, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Sunrise New Energy	0	0	0	0	0.00
NOVONIX	0	0	1	0	3.00

NOVONIX has a consensus price target of $4.00, suggesting a potential upside of 124.72%. Given NOVONIX’s stronger consensus rating and higher possible upside, analysts plainly believe NOVONIX is more favorable than Sunrise New Energy.

Earnings & Valuation

This table compares Sunrise New Energy and NOVONIX”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Sunrise New Energy	$45.05 million	0.51	-$24.23 million	N/A	N/A
NOVONIX	$8.06 million	31.36	-$46.25 million	N/A	N/A

Sunrise New Energy has higher revenue and earnings than NOVONIX.

Profitability

This table compares Sunrise New Energy and NOVONIX’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Sunrise New Energy	N/A	N/A	N/A
NOVONIX	N/A	N/A	N/A

Institutional and Insider Ownership

31.9% of Sunrise New Energy shares are held by institutional investors. Comparatively, 0.1% of NOVONIX shares are held by institutional investors. 42.5% of Sunrise New Energy shares are held by insiders. Comparatively, 23.7% of NOVONIX shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

NOVONIX beats Sunrise New Energy on 5 of the 9 factors compared between the two stocks.

About Sunrise New Energy

Sunrise New Energy Co., Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-ion batteries. The company also operates a peer-to-peer knowledge sharing and enterprise service platform business. In addition, it offers education consulting, training, tailored, information technology, business incubation, enterprise information technology integration, health, and agricultural technology services, as well as cultural and artistic exchanges and planning, and conference services. The company was formerly known as Global Internet of People, Inc. Sunrise New Energy Co., Ltd. was founded in 2014 and is headquartered in Zibo, the People’s Republic of China.

About NOVONIX

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services, and carries out research and development in battery development. The company is involved in the investment and real estate borrowing activities; and offers battery technology, battery testing hardware equipment, and battery testing and development consulting services. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia.