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

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

Analyst Ratings

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

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

NOVONIX presently has a consensus price target of $4.00, indicating a potential upside of 132.56%. Given NOVONIX’s stronger consensus rating and higher probable upside, analysts clearly believe NOVONIX is more favorable than Sunrise New Energy.

Risk & Volatility

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

Earnings and Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NOVONIX	$8.06 million	30.30	-$46.25 million	N/A	N/A
Sunrise New Energy	$45.05 million	0.51	-$24.23 million	N/A	N/A

Sunrise New Energy has higher revenue and earnings than NOVONIX.

Profitability

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

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

Insider & Institutional Ownership

0.1% of NOVONIX shares are owned by institutional investors. Comparatively, 31.9% of Sunrise New Energy shares are owned by institutional investors. 23.7% of NOVONIX shares are owned by insiders. Comparatively, 42.5% of Sunrise New Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

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

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.

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.