Loading...

99 Wuxian

ASX:NNW
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NNW
ASX
A$80M
Market Cap
  1. Home
  2. AU
  3. Retail
Company description

99 Wuxian Limited, an investment holding company, provides online and mobile commerce solutions in the People's Republic of China. The last earnings update was 111 days ago. More info.


Add to Portfolio Compare Print
  • 99 Wuxian has significant price volatility in the past 3 months.
NNW Share Price and Events
7 Day Returns
0%
ASX:NNW
-0.1%
AU Online Retail
-0%
AU Market
1 Year Returns
-46.9%
ASX:NNW
-11.1%
AU Online Retail
5.6%
AU Market
NNW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
99 Wuxian (NNW) 0% -2.8% -23.3% -46.9% -40% -89%
AU Online Retail -0.1% -7.4% -14.8% -11.1% 25.3% 36.1%
AU Market -0% 1.7% 6.2% 5.6% 20.1% 12.1%
1 Year Return vs Industry and Market
  • NNW underperformed the Online Retail industry which returned -11.1% over the past year.
  • NNW underperformed the Market in Australia which returned 5.6% over the past year.
Price Volatility
NNW
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for 99 Wuxian's competitors could be found in our database.

Value

 Is 99 Wuxian undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of 99 Wuxian to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for 99 Wuxian.

ASX:NNW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 12.7%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:NNW
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Online Retail Unlevered Beta Simply Wall St/ S&P Global 1.64
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.64 (1 + (1- 25%) (37.6%))
1.739
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.74
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.739 * 5.96%)
12.68%

Discounted Cash Flow Calculation for ASX:NNW using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for 99 Wuxian is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:NNW DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 12.68%)
2020 42.44 Est @ 54.47% 37.67
2021 58.92 Est @ 38.83% 46.41
2022 75.34 Est @ 27.87% 52.67
2023 90.57 Est @ 20.2% 56.19
2024 104.00 Est @ 14.84% 57.26
2025 115.52 Est @ 11.08% 56.45
2026 125.28 Est @ 8.45% 54.33
2027 133.56 Est @ 6.61% 51.41
2028 140.67 Est @ 5.32% 48.05
2029 146.88 Est @ 4.42% 44.53
Present value of next 10 years cash flows CN¥504.96
ASX:NNW DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥146.88 × (1 + 2.31%) ÷ (12.68% – 2.31%)
CN¥1,449.89
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥1,449.89 ÷ (1 + 12.68%)10
CN¥439.54
ASX:NNW Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥504.96 + CN¥439.54
CN¥944.49
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥944.49 / 1,159.81
CN¥0.81
ASX:NNW Discount to Share Price
Calculation Result
Exchange Rate CNY/AUD
(Reporting currency to currency of ASX:NNW)
0.207
Value per Share
(AUD)
= Value per Share in CNY x Exchange Rate (CNY/AUD)
= CN¥0.81 x 0.207
A$0.17
Value per share (AUD) From above. A$0.17
Current discount Discount to share price of A$0.07
= -1 x (A$0.07 - A$0.17) / A$0.17
59.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price 99 Wuxian is available for.
Intrinsic value
>50%
Share price is A$0.069 vs Future cash flow value of A$0.16858
Current Discount Checks
For 99 Wuxian to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 99 Wuxian's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • 99 Wuxian's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for 99 Wuxian's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are 99 Wuxian's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:NNW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-0.01
ASX:NNW Share Price ** ASX (2019-07-17) in AUD A$0.07
ASX:NNW Share Price converted to CNY reporting currency Exchange rate (AUD/ CNY) 4.831 CN¥0.33
Global Online Retail Industry PE Ratio Median Figure of 71 Publicly-Listed Online Retail Companies 26.94x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 16.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of 99 Wuxian.

ASX:NNW PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:NNW Share Price ÷ EPS (both in CNY)

= 0.33 ÷ -0.01

-42.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 99 Wuxian is loss making, we can't compare its value to the Global Online Retail industry average.
  • 99 Wuxian is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does 99 Wuxian's expected growth come at a high price?
Raw Data
ASX:NNW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -42.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Online Retail Industry PEG Ratio Median Figure of 44 Publicly-Listed Online Retail Companies 1.81x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for 99 Wuxian, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on 99 Wuxian's assets?
Raw Data
ASX:NNW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥0.27
ASX:NNW Share Price * ASX (2019-07-17) in AUD A$0.07
ASX:NNW Share Price converted to CNY reporting currency Exchange rate (AUD/ CNY) 4.831 CN¥0.33
Australia Online Retail Industry PB Ratio Median Figure of 11 Publicly-Listed Online Retail Companies 2.69x
Australia Market PB Ratio Median Figure of 1,693 Publicly-Listed Companies 1.7x
ASX:NNW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:NNW Share Price ÷ Book Value per Share (both in CNY)

= 0.33 ÷ 0.27

1.24x

* Primary Listing of 99 Wuxian.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 99 Wuxian is good value based on assets compared to the AU Online Retail industry average.
X
Value checks
We assess 99 Wuxian's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Online Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Online Retail industry average (and greater than 0)? (1 check)
  5. 99 Wuxian has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is 99 Wuxian expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as 99 Wuxian has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
38.4%
Expected Online Retail industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is 99 Wuxian expected to grow at an attractive rate?
  • Unable to compare 99 Wuxian's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare 99 Wuxian's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare 99 Wuxian's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:NNW Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Online Retail Industry Earnings Growth Rate Market Cap Weighted Average 38.4%
Australia Online Retail Industry Revenue Growth Rate Market Cap Weighted Average 12.5%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7.2%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:NNW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:NNW Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 129 29 -9
2018-09-30 132 25 -8
2018-06-30 136 21 -7
2018-03-31 129 -24 -12
2017-12-31 122 -70 -17
2017-09-30 171 -60 -23
2017-06-30 220 -50 -29
2017-03-31 261 -47 -17
2016-12-31 302 -44 -4
2016-09-30 269 -36 3
2016-06-30 235 -28 11
2016-03-31 214 -11 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if 99 Wuxian is high growth as no earnings estimate data is available.
  • Unable to determine if 99 Wuxian is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:NNW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from 99 Wuxian Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:NNW Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.02
2017-06-30 -0.03
2017-03-31 -0.01
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.01
2016-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if 99 Wuxian will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether 99 Wuxian is trading at 99 Wuxian'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. 99 Wuxian's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Retail companies here
  3. 99 Wuxian's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess 99 Wuxian's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
99 Wuxian has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has 99 Wuxian performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare 99 Wuxian's growth in the last year to its industry (Online Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 99 Wuxian does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare 99 Wuxian's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare 99 Wuxian's 1-year growth to the Global Online Retail industry average as it is not currently profitable.
Earnings and Revenue History
99 Wuxian's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from 99 Wuxian Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:NNW Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 128.81 -9.17 129.41
2018-09-30 132.33 -7.84 129.01
2018-06-30 135.85 -6.51 128.61
2018-03-31 129.11 -11.77 129.64
2017-12-31 122.36 -17.04 130.67
2017-09-30 171.31 -23.23 188.42
2017-06-30 220.26 -29.43 246.17
2017-03-31 261.29 -16.91 269.96
2016-12-31 302.32 -4.39 293.75
2016-09-30 268.50 3.15 252.44
2016-06-30 234.69 10.68 211.13
2016-03-31 213.51 10.44 188.78
2015-12-31 192.33 10.20 166.42
2015-09-30 182.22 6.46 153.84
2015-06-30 172.11 2.72 141.26
2015-03-31 163.17 4.85 132.75
2014-12-31 154.23 6.98 124.24
2013-12-31 108.50 4.02 88.16
2013-05-31 -1.45

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if 99 Wuxian has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • 99 Wuxian used its assets less efficiently than the Global Online Retail industry average last year based on Return on Assets.
  • It is difficult to establish if 99 Wuxian improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess 99 Wuxian's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Online Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
99 Wuxian has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is 99 Wuxian's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up 99 Wuxian's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 99 Wuxian is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • 99 Wuxian's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of 99 Wuxian's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from 99 Wuxian Company Filings, last reported 6 months ago.

ASX:NNW Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 310.53 145.37 105.59
2018-09-30 310.53 145.37 105.59
2018-06-30 307.40 167.73 135.72
2018-03-31 307.40 167.73 135.72
2017-12-31 320.51 161.24 93.94
2017-09-30 320.51 161.24 93.94
2017-06-30 314.72 198.32 12.84
2017-03-31 314.72 198.32 12.84
2016-12-31 337.54 156.65 44.02
2016-09-30 337.54 156.65 44.02
2016-06-30 344.14 134.74 18.96
2016-03-31 344.14 134.74 18.96
2015-12-31 291.88 0.00 40.91
2015-09-30 291.88 0.00 40.91
2015-06-30 283.41 0.00 34.10
2015-03-31 283.41 0.00 34.10
2014-12-31 281.68 0.00 67.78
2013-12-31 141.89 0.00 59.72
2013-05-31 40.38 0.00 39.90
  • 99 Wuxian's level of debt (46.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 46.8% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making 99 Wuxian has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making 99 Wuxian has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -37.5% per year.
X
Financial health checks
We assess 99 Wuxian's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. 99 Wuxian has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is 99 Wuxian's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from 99 Wuxian dividends.
If you bought A$2,000 of 99 Wuxian shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate 99 Wuxian's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate 99 Wuxian's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:NNW Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Global Online Retail Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 1.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as 99 Wuxian has not reported any payouts.
  • Unable to verify if 99 Wuxian's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of 99 Wuxian's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as 99 Wuxian has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess 99 Wuxian's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can 99 Wuxian afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. 99 Wuxian has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of 99 Wuxian's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Amalisia Zhang
AGE 45
CEO Bio

Ms. Li Zhang, also known as Amalisia, serves as the Chief Executive Officer of 99 Wuxian Limited and served as its President. Ms. Zhang served as the President of Handpay. She is a Pioneer of internet and e-commerce business in China. She is one of the founders of Fortune Trip. Previously she was a core management team of Ctrip and General Manager of Ctrip Hong Kong. Ms. Zhang serves as a Director of Grand Ease Holdings Limited and Handpay. She has been Executive Director at 99 Wuxian Limited since May 7, 2013. Ms. Zhang Graduated from Bath University UK with Master of Business Administration.

CEO Compensation
  • Insufficient data for Amalisia to compare compensation growth.
  • Insufficient data for Amalisia to establish whether their remuneration is reasonable compared to companies of similar size in Australia.
Management Team

Amalisia Zhang

TITLE
CEO & Executive Director
AGE
45

Henry Huan Chen

TITLE
Chief Financial Officer
AGE
44
TENURE
3.5 yrs

Tao Wen

TITLE
CTO & Executive Director

Jacky Sha

TITLE
Sales Director

Vivian Qian

TITLE
Human Resources Director

Vivian Liu

TITLE
User Business Director
Board of Directors Tenure

Average tenure and age of the 99 Wuxian board of directors in years:

2.8
Average Tenure
54
Average Age
  • The average tenure for the 99 Wuxian board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ross Kenneth Benson

TITLE
Non-Executive Chairman
AGE
54

Amalisia Zhang

TITLE
CEO & Executive Director
AGE
45
TENURE
6.2 yrs

Tao Wen

TITLE
CTO & Executive Director
TENURE
2.8 yrs

Simon Geoffrey Green

TITLE
Independent Non-Executive Director
AGE
48
TENURE
6.1 yrs

Chris Ryan

TITLE
Independent Non-Executive Director
AGE
58
TENURE
2.7 yrs

Haoming Yu

TITLE
Independent Non-Executive Director
AGE
66
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess 99 Wuxian's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 99 Wuxian has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Investor Owns Most Of 99 Wuxian Limited (ASX:NNW)?

Generally speaking, as a company grows, institutions will increase their ownership. … 99 Wuxian is not a large company by global standards. … institutional investors have not yet purchased much of the company

Simply Wall St -

Easy Come, Easy Go: How 99 Wuxian (ASX:NNW) Shareholders Got Unlucky And Saw 74% Of Their Cash Evaporate

Because 99 Wuxian is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … The share price fall of 24% (per year, over five years) is a stern reminder that money-losing companies are expected to grow revenue.

Simply Wall St -

What Kind Of Shareholder Owns Most 99 Wuxian Limited (ASX:NNW) Stock?

Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … With a market capitalization of AU$145m, 99 Wuxian is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

What Investors Should Know About 99 Wuxian Limited's (ASX:NNW) Financial Strength

While small-cap stocks, such as 99 Wuxian Limited (ASX:NNW) with its market cap of AU$80m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Companies operating in the Online Retail industry facing headwinds from current disruption,.

Simply Wall St -

Who Are The Major Shareholders Of 99 Wuxian Limited (ASX:NNW)?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

Is 99 Wuxian Limited's (ASX:NNW) Balance Sheet A Threat To Its Future?

Investors are always looking for growth in small-cap stocks like 99 Wuxian Limited (ASX:NNW), with a market cap of CN¥144.97m. … However, an important fact which most ignore is: how financially healthy is the business? … Companies operating in the Online Retail industry facing headwinds from current disruption,

Simply Wall St -

How Should You Think About 99 Wuxian Limited's (ASX:NNW) Risks?

If you are looking to invest in 99 Wuxian Limited’s (ASX:NNW), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … With a beta of 1.17, 99 Wuxian is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

Simply Wall St -

How Financially Strong Is 99 Wuxian Limited (ASX:NNW)?

At this constant level of debt, the current cash and short-term investment levels stands at CN¥93.94M , ready to deploy into the business. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Its cash flow coverage of less than a quarter of debt means that operating efficiency could be an issue.

Simply Wall St -

Who Are The Largest Shareholders In 99 Wuxian Limited (ASX:NNW)?

Check out our latest analysis for 99 Wuxian ASX:NNW Ownership Summary Nov 3rd 17 Institutional Ownership NNW's 31.72% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … This level of insider ownership has been found to have a negative impact on companies with consistently low PE ratios (underperformers), while it has been positive in the case of high PE ratio firms (outperformers). … NNW's considerably high level of institutional ownership calls for further analysis into its margin of safety.

Simply Wall St -

Company Info

Description

99 Wuxian Limited, an investment holding company, provides online and mobile commerce solutions in the People's Republic of China. The company owns and operates m-commerce platforms. It provides 99 Marketplace, a mobile commerce platform that is integrated with Chinese mobile banking application to connect bank customers with merchants for various products and services; ICS, an online mobile rewards and points program for banks, insurance companies, and other financial institutions; and iBenefit, a mobile incentive and rewards program for employees. The company also offers Trade Open platform to provide mobile Internet value-added virtual goods/services to financial institutions; and Enterprise Cloud Service platform, which provides insurance sales practice, health management, and insuring services, as well as flexible benefits. The company was formerly known as 99 Wuxian Limited 99 and changed its name to 99 Wuxian Limited in June 2013. 99 Wuxian Limited was founded in 2013 and is headquartered in Shanghai, the People’s Republic of China.

Details
Name: 99 Wuxian Limited
NNW
Exchange: ASX
Founded: 2013
A$80,027,162
1,159,813,939
Website: http://www.99wuxian.com
Address: 99 Wuxian Limited
HK Prosperity Tower,
3rd Floor,
Shanghai,
200003,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX NNW CDI Australian Securities Exchange AU AUD 08. Oct 2013
DB 99W CDI Deutsche Boerse AG DE EUR 08. Oct 2013
CHIA NNW CDI Chi-X Australia AU AUD 08. Oct 2013
Number of employees
Current staff
Staff numbers
0
99 Wuxian employees.
Industry
Internet and Direct Marketing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 10:37
End of day share price update: 2019/07/17 00:00
Last earnings filing: 2019/03/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.