99 Technology Limited, an investment holding company, provides customer engagement technology and solutions in the People’s Republic of China. More Details
Excellent balance sheet with solid track record.
Share Price & News
How has 99 Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NNT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: NNT's weekly volatility (12%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: NNT underperformed the Australian Software industry which returned 60.4% over the past year.
Return vs Market: NNT exceeded the Australian Market which returned 33.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is 99 Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIf You Like EPS Growth Then Check Out 99 Technology (ASX:NNT) Before It's Too Late
4 weeks ago | Simply Wall St99 Technology (ASX:NNT) Might Have The Makings Of A Multi-Bagger
1 month ago | Simply Wall StThere Is A Reason 99 Technology Limited's (ASX:NNT) Price Is Undemanding
Is 99 Technology 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: NNT (A$0.08) is trading above our estimate of fair value (A$0.04)
Significantly Below Fair Value: NNT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NNT is good value based on its PE Ratio (14.3x) compared to the AU Software industry average (30.6x).
PE vs Market: NNT is good value based on its PE Ratio (14.3x) compared to the Australian market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NNT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NNT is good value based on its PB Ratio (1.3x) compared to the AU Software industry average (5.5x).
How is 99 Technology 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 Technology 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 Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NNT has high quality earnings.
Growing Profit Margin: NNT's current net profit margins (13.6%) are higher than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: NNT's earnings have grown significantly by 31.8% per year over the past 5 years.
Accelerating Growth: NNT's earnings growth over the past year (141.7%) exceeds its 5-year average (31.8% per year).
Earnings vs Industry: NNT earnings growth over the past year (141.7%) exceeded the Software industry 32.4%.
Return on Equity
High ROE: NNT's Return on Equity (8.9%) is considered low.
How is 99 Technology's financial position?
Financial Position Analysis
Short Term Liabilities: NNT's short term assets (CN¥616.2M) exceed its short term liabilities (CN¥335.5M).
Long Term Liabilities: NNT's short term assets (CN¥616.2M) exceed its long term liabilities (CN¥15.0M).
Debt to Equity History and Analysis
Debt Level: NNT's debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: NNT's debt to equity ratio has increased from 1% to 28.1% over the past 5 years.
Debt Coverage: NNT's debt is well covered by operating cash flow (21.9%).
Interest Coverage: NNT's interest payments on its debt are well covered by EBIT (4.1x coverage).
What is 99 Technology current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NNT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NNT'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 NNT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NNT'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 NNT'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 (45 yo)
Mr. Henry Huan Chen has been Chief Executive Officer of 99 Technology Limited (formerly known as 99 Wuxian Limited) since December 2, 2020 and served as its Chief Financial Officer of since January 25, 201...
Experienced Management: NNT's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: NNT's board of directors are considered experienced (4.4 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 Technology Limited's company bio, employee growth, exchange listings and data sources
- Name: 99 Technology Limited
- Ticker: NNT
- Exchange: ASX
- Founded: 2011
- Industry: Application Software
- Sector: Software
- Market Cap: AU$95.094m
- Shares outstanding: 1.16b
- Website: https://www.99tech.com
- 99 Technology Limited
- Hong Kong Prosperity Tower
- 3rd Floor
99 Technology 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 Mar...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/19 08:10|
|End of Day Share Price||2021/04/19 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.