99 Loyalty Limited, an investment holding company, provides customer engagement technology and solutions in the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.06|
|52 Week High||AU$0.054|
|52 Week Low||AU$0.12|
|1 Month Change||1.70%|
|3 Month Change||0%|
|1 Year Change||-36.84%|
|3 Year Change||-32.58%|
|5 Year Change||-40.00%|
|Change since IPO||-86.67%|
Recent News & Updates
If You Like EPS Growth Then Check Out 99 Technology (ASX:NNT) Before It's Too Late
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
99 Technology (ASX:NNT) Might Have The Makings Of A Multi-Bagger
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
There Is A Reason 99 Technology Limited's (ASX:NNT) Price Is Undemanding
99 Technology Limited's ( ASX:NNT ) price-to-earnings (or "P/E") ratio of 15.7x might make it look like a buy right now...
|99L||AU Software||AU Market|
Return vs Industry: 99L underperformed the Australian Software industry which returned 27.7% over the past year.
Return vs Market: 99L underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: 99L is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 99L's weekly volatility (10%) has been stable over the past year.
About the Company
|2011||n/a||Henry Huan Chen||https://www.99tech.com|
99 Loyalty Limited, an investment holding company, provides customer engagement technology and solutions in the People’s Republic of China. The company offers mobile solutions platform, including 99 Marketplace that offers virtual products, applications, lifestyle entertainments, marketing services, platform operations, and O2O solutions for banks and other big institutions; business procurement tools; integrated marketing solutions that provides various offline to online marketing solutions and tools; and loyalty management and solutions. It also provides cloud delivered solutions platform, such as business development platform for insurance sector, rewards redemption services, employee benefit services, and insurance brokerage services to business partners and their consumers and employees.
99 Loyalty Fundamentals Summary
|99L fundamental statistics|
Is 99L overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|99L income statement (TTM)|
|Cost of Revenue||CN¥944.34k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0095|
|Net Profit Margin||4.75%|
How did 99L perform over the long term?See historical performance and comparison
Is 99 Loyalty undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 99L's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 99L's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 99L is good value based on its PE Ratio (30x) compared to the Australian Software industry average (42.5x).
PE vs Market: 99L is poor value based on its PE Ratio (30x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 99L's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 99L is good value based on its PB Ratio (1x) compared to the AU Software industry average (5.2x).
How is 99 Loyalty forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software industry annual growth in earnings
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 Loyalty 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 SimplyWall St do have past financial data.
How has 99 Loyalty performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 99L has a high level of non-cash earnings.
Growing Profit Margin: 99L's current net profit margins (4.7%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: 99L's earnings have grown significantly by 50% per year over the past 5 years.
Accelerating Growth: 99L's earnings growth over the past year (777.8%) exceeds its 5-year average (50% per year).
Earnings vs Industry: 99L earnings growth over the past year (777.8%) exceeded the Software industry 37.5%.
Return on Equity
High ROE: 99L's Return on Equity (3.3%) is considered low.
How is 99 Loyalty's financial position?
Financial Position Analysis
Short Term Liabilities: 99L's short term assets (CN¥521.7M) exceed its short term liabilities (CN¥260.5M).
Long Term Liabilities: 99L's short term assets (CN¥521.7M) exceed its long term liabilities (CN¥12.3M).
Debt to Equity History and Analysis
Debt Level: 99L's debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: 99L's debt to equity ratio has reduced from 39.2% to 31.5% over the past 5 years.
Debt Coverage: 99L's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 99L's interest payments on its debt are not well covered by EBIT (2.3x coverage).
What is 99 Loyalty current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 99L's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 99L's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 99L's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 99L's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 99L's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Henry Huan Chen (46 yo)
Mr. Henry Huan Chen has been Chief Executive Officer of 99 Royalty Limited (formerly known as 99 Loyalty Limited (formerly known as 99 Technology Limited)) (formerly known as 99 Wuxian Limited) since Decem...
Experienced Management: 99L's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: 99L's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
99 Loyalty Limited's employee growth, exchange listings and data sources
- Name: 99 Loyalty Limited
- Ticker: 99L
- Exchange: ASX
- Founded: 2011
- Industry: Application Software
- Sector: Software
- Market Cap: AU$69.581m
- Shares outstanding: 1.16b
- Website: https://www.99tech.com
- 99 Loyalty Limited
- Hong Kong Prosperity Tower
- 3rd Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 07:00|
|End of Day Share Price||2021/10/15 00:00|
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.