SZSE:002405

Stock Analysis Report

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Executive Summary

NavInfo Co., Ltd. provides digital map content, Internet of Vehicles and dynamic traffic information service, and location-based vertical application services worldwide. More Details


Snowflake Analysis

High growth potential with excellent balance sheet.


Similar Companies

Share Price & News

How has NavInfo's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002405 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 002405's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-7.8%

2405

-6.5%

CN Consumer Durables

-6.4%

CN Market


1 Year Return

-4.6%

2405

40.2%

CN Consumer Durables

26.5%

CN Market

Return vs Industry: 002405 underperformed the CN Consumer Durables industry which returned 40.2% over the past year.

Return vs Market: 002405 underperformed the CN Market which returned 26.5% over the past year.


Shareholder returns

2405IndustryMarket
7 Day-7.8%-6.5%-6.4%
30 Day8.9%-3.1%-1.8%
90 Day5.8%2.8%2.8%
1 Year-4.5%-4.6%43.2%40.2%28.5%26.5%
3 Year5.4%5.0%40.9%32.8%27.9%21.6%
5 Year44.5%43.4%152.1%129.2%44.1%34.1%

Long-Term Price Volatility Vs. Market

How volatile is NavInfo's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is NavInfo undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 002405 (CN¥16.33) is trading below our estimate of fair value (CN¥36.85)

Significantly Below Fair Value: 002405 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 002405 is poor value based on its PE Ratio (263.5x) compared to the CN Consumer Durables industry average (29.1x).

PE vs Market: 002405 is poor value based on its PE Ratio (263.5x) compared to the CN market (34.1x).


Price to Earnings Growth Ratio

PEG Ratio: 002405 is poor value based on its PEG Ratio (6.8x)


Price to Book Ratio

PB vs Industry: 002405 is overvalued based on its PB Ratio (4.1x) compared to the CN Consumer Durables industry average (3x).


Next Steps

Future Growth

How is NavInfo forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

38.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002405's forecast earnings growth (38.8% per year) is above the savings rate (3.3%).

Earnings vs Market: 002405's earnings (38.8% per year) are forecast to grow faster than the CN market (24.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 002405's revenue (24.6% per year) is forecast to grow faster than the CN market (18.3% per year).

High Growth Revenue: 002405's revenue (24.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002405's Return on Equity is forecast to be low in 3 years time (6.7%).


Next Steps

Past Performance

How has NavInfo performed over the past 5 years?

12.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002405 has a large one-off gain of CN¥47.1M impacting its September 30 2020 financial results.

Growing Profit Margin: 002405's current net profit margins (5.2%) are lower than last year (13.3%).


Past Earnings Growth Analysis

Earnings Trend: 002405's earnings have grown by 12.9% per year over the past 5 years.

Accelerating Growth: 002405's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002405 had negative earnings growth (-57.7%) over the past year, making it difficult to compare to the Consumer Durables industry average (6.7%).


Return on Equity

High ROE: 002405's Return on Equity (1.5%) is considered low.


Next Steps

Financial Health

How is NavInfo's financial position?


Financial Position Analysis

Short Term Liabilities: 002405's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥811.3M).

Long Term Liabilities: 002405's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥22.7M).


Debt to Equity History and Analysis

Debt Level: 002405's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: 002405's debt to equity ratio has reduced from 3.9% to 0.6% over the past 5 years.

Debt Coverage: 002405's debt is well covered by operating cash flow (219%).

Interest Coverage: Insufficient data to determine if 002405's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is NavInfo current dividend yield, its reliability and sustainability?

0.11%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002405's dividend (0.11%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.4%).

High Dividend: 002405's dividend (0.11%) is low compared to the top 25% of dividend payers in the CN market (1.8%).


Stability and Growth of Payments

Stable Dividend: 002405 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 002405 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 002405 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002405's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average board tenure


CEO

Patrick Cheng (44 yo)

no data

Tenure

CN¥910,900

Compensation

Mr. Peng Cheng, also known as Patrick, serves as Vice Chairman at NavInfo Co., Ltd. since 2020. Mr. Cheng serves as Chief Executive Officer and Non-Independent Director of NavInfo Co., Ltd. and served as i...


Board Members

NamePositionTenureCompensationOwnership
Peng Cheng
Vice Chairman & CEOno dataCN¥910.90k0.24%
CN¥ 89.0m
Lei Bi
Senior VP1.08yrsCN¥680.00k0.030%
CN¥ 11.0m
Yong Jin Zheng
Non-Independent Directorno datano datano data
Wei Biao Zhan
Non-Independent Directorno datano datano data
Xiangping Zhong
Non-Independent Director3.75yrsno datano data
Xiang Li
Independent Director3.75yrsno datano data
Ai Jin Wu
Independent Director3.75yrsno datano data
Xue Jiao Zhang
Employee Representative Member of Supervisory Boardno datano datano data
Keqiang Li
Independent Director1.08yrsno datano data
Zhong Peng Zhu
Supervisor1.08yrsno datano data
Tie Jun Liu
Supervisor1.08yrsno datano data

1.1yrs

Average Tenure

44yo

Average Age

Experienced Board: 002405's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.3%.


Top Shareholders

Company Information

NavInfo Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NavInfo Co., Ltd.
  • Ticker: 2405
  • Exchange: SZSE
  • Founded: 2002
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: CN¥37.251b
  • Shares outstanding: 2.28b
  • Website: https://www.navinfo.com

Number of Employees


Location

  • NavInfo Co., Ltd.
  • Navinfo Building
  • Southeast Corner to the Intersection of Yongfeng Road and Be
  • Beijing
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2405SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYMay 2010
2405XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYMay 2010

Biography

NavInfo Co., Ltd. provides digital map content, Internet of Vehicles and dynamic traffic information service, and location-based vertical application services worldwide. The company offers ADAS maps, high-...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 09:12
End of Day Share Price2021/02/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.