company background image
2371

NAURA Technology Group XSEC:002371 Stock Report

Last Price

CN¥273.04

Market Cap

CN¥143.9b

7D

3.1%

1Y

1.9%

Updated

30 Jun, 2022

Data

Company Financials +
2371 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends0/6

2371 Stock Overview

NAURA Technology Group Co., Ltd. engages in the research, development, manufacture, and sale of electronic equipment and components in the People's Republic of China.

NAURA Technology Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NAURA Technology Group
Historical stock prices
Current Share PriceCN¥273.04
52 Week HighCN¥452.78
52 Week LowCN¥206.00
Beta0.38
1 Month Change1.13%
3 Month Change-0.86%
1 Year Change1.88%
3 Year Change306.61%
5 Year Change998.75%
Change since IPO827.76%

Recent News & Updates

Shareholder Returns

2371CN SemiconductorCN Market
7D3.1%4.6%2.3%
1Y1.9%-0.9%-8.1%

Return vs Industry: 002371 exceeded the CN Semiconductor industry which returned -6.6% over the past year.

Return vs Market: 002371 exceeded the CN Market which returned -10.1% over the past year.

Price Volatility

Is 2371's price volatile compared to industry and market?
2371 volatility
2371 Average Weekly Movement8.3%
Semiconductor Industry Average Movement8.3%
Market Average Movement7.3%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 002371 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 002371's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20018,153n/ahttps://www.naura.com

NAURA Technology Group Co., Ltd. engages in the research, development, manufacture, and sale of electronic equipment and components in the People's Republic of China. The company offers semiconductor equipment, including etching equipment, physical vapor deposition and chemical vapor deposition equipment, oxidation/diffusion equipment, cleaning systems, annealing, and other semiconductor equipment, as well as flat panel display manufacturing equipment, gas mass flow controllers, and other components; and vacuum, atmosphere-protective, and continuous heat treatment equipment, as well as crystal growth equipment, which are used in new energy, new materials, vacuum electronics, aerospace and magnetic materials, and other fields. It also provides turn-key lithium ion battery solutions, including mixer series, coater series, slitting machine series, rolling mill series, winding machine series, laminating machine series, and automatic assembly lines for chip packaging, test equipment, drying equipment, battery pack production line, energy storage cabinets, and others.

NAURA Technology Group Fundamentals Summary

How do NAURA Technology Group's earnings and revenue compare to its market cap?
2371 fundamental statistics
Market CapCN¥143.95b
Earnings (TTM)CN¥1.21b
Revenue (TTM)CN¥10.40b

118.9x

P/E Ratio

13.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2371 income statement (TTM)
RevenueCN¥10.40b
Cost of RevenueCN¥6.24b
Gross ProfitCN¥4.16b
Other ExpensesCN¥2.95b
EarningsCN¥1.21b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.30
Gross Margin39.99%
Net Profit Margin11.65%
Debt/Equity Ratio1.8%

How did 2371 perform over the long term?

See historical performance and comparison

Dividends

0.08%

Current Dividend Yield

9%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 2371 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2371?

Other financial metrics that can be useful for relative valuation.

2371 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue13.2x
Enterprise Value/EBITDA93.4x
PEG Ratio3.2x

Price to Earnings Ratio vs Peers

How does 2371's PE Ratio compare to its peers?

2371 PE Ratio vs Peers
The above table shows the PE ratio for 2371 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average35.7x
002129 TCL Zhonghuan Renewable Energy TechnologyLtd
39.5x15.2%CN¥189.8b
603806 Hangzhou First Applied Material
42.8x16.8%CN¥87.2b
300316 Zhejiang Jingsheng Mechanical & Electrical
46.4x23.6%CN¥86.9b
688303 Xinjiang Daqo New EnergyLtd
13.9x-13.1%CN¥131.5b
002371 NAURA Technology Group
118.9x37.5%CN¥143.9b

Price-To-Earnings vs Peers: 002371 is expensive based on its Price-To-Earnings Ratio (118.9x) compared to the peer average (35.7x).


Price to Earnings Ratio vs Industry

How does 2371's PE Ratio compare vs other companies in the CN Semiconductor Industry?

Price-To-Earnings vs Industry: 002371 is expensive based on its Price-To-Earnings Ratio (118.9x) compared to the CN Semiconductor industry average (54.1x)


Price to Earnings Ratio vs Fair Ratio

What is 2371's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2371 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio118.9x
Fair PE Ratio70.9x

Price-To-Earnings vs Fair Ratio: 002371 is expensive based on its Price-To-Earnings Ratio (118.9x) compared to the estimated Fair Price-To-Earnings Ratio (70.9x).


Share Price vs Fair Value

What is the Fair Price of 2371 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002371 (CN¥273.04) is trading above our estimate of fair value (CN¥58.15)

Significantly Below Fair Value: 002371 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: 002371 is poor value based on its PEG Ratio (3.2x)


Discover undervalued companies

Future Growth

How is NAURA Technology Group forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


37.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002371's forecast earnings growth (37.5% per year) is above the savings rate (3.2%).

Earnings vs Market: 002371's earnings (37.5% per year) are forecast to grow faster than the CN market (23.9% per year).

High Growth Earnings: 002371's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 002371's revenue (29.4% per year) is forecast to grow faster than the CN market (17.5% per year).

High Growth Revenue: 002371's revenue (29.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002371's Return on Equity is forecast to be low in 3 years time (12.7%).


Discover growth companies

Past Performance

How has NAURA Technology Group performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


46.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 002371 has a high level of non-cash earnings.

Growing Profit Margin: 002371's current net profit margins (11.6%) are higher than last year (8.9%).


Past Earnings Growth Analysis

Earnings Trend: 002371's earnings have grown significantly by 46.5% per year over the past 5 years.

Accelerating Growth: 002371's earnings growth over the past year (107.6%) exceeds its 5-year average (46.5% per year).

Earnings vs Industry: 002371 earnings growth over the past year (107.6%) exceeded the Semiconductor industry 68.3%.


Return on Equity

High ROE: 002371's Return on Equity (7.7%) is considered low.


Discover strong past performing companies

Financial Health

How is NAURA Technology Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 002371's short term assets (CN¥22.5B) exceed its short term liabilities (CN¥11.6B).

Long Term Liabilities: 002371's short term assets (CN¥22.5B) exceed its long term liabilities (CN¥2.6B).


Debt to Equity History and Analysis

Debt Level: 002371 has more cash than its total debt.

Reducing Debt: 002371's debt to equity ratio has reduced from 11.9% to 1.8% over the past 5 years.

Debt Coverage: 002371's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 002371 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

What is NAURA Technology Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.075%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 002371's dividend (0.075%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.48%).

High Dividend: 002371's dividend (0.075%) is low compared to the top 25% of dividend payers in the CN market (1.94%).


Stability and Growth of Payments

Stable Dividend: 002371 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 002371 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: 002371 is not paying a notable dividend for the CN market.


Cash Payout to Shareholders

Cash Flow Coverage: 002371 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

2.5yrs

Average board tenure


CEO

NAURA Technology Group has no CEO, or we have no data on them.


Board Members

Experienced Board: 002371's board of directors are not considered experienced ( 2.5 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 6.2%.


Top Shareholders

Company Information

NAURA Technology Group Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: NAURA Technology Group Co., Ltd.
  • Ticker: 2371
  • Exchange: XSEC
  • Founded: 2001
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Implied Market Cap: CN¥143.948b
  • Shares outstanding: 527.20m
  • Website: https://www.naura.com

Number of Employees


Location

  • NAURA Technology Group Co., Ltd.
  • No.1 Jiuxianqiao East Road
  • No. 8 Wenchang Avenue Beijing Economic-Technological Develop
  • Beijing
  • 100176
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.