How does 301589's PE Ratio compare to its peers?

301589 is good value based on its Price-To-Earnings Ratio (25.6x) compared to the peer average (45.4x).

How does 301589's PE Ratio compare vs other companies in the CN Electronic Industry?

301589 is good value based on its Price-To-Earnings Ratio (25.6x) compared to the CN Electronic industry average (48.4x).

What is 301589'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.

301589 is good value based on its Price-To-Earnings Ratio (25.6x) compared to the estimated Fair Price-To-Earnings Ratio (42.5x).

What is the Fair Price of 301589 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

301589 (CN¥179.86) is trading below our estimate of [[fair value]] (CN¥466.12)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

301589 Stock Overview

Provides LED display control solutions in China. More details

301589 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	6/6
Past Performance	3/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 61.4% below our estimate of its fair value

Earnings are forecast to grow 35.32% per year

Earnings grew by 26.1% over the past year

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Dividend of 3% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Xi'an NovaStar Tech Co., Ltd. Competitors

Hexing ElectricalLtd

SHSE:603556

CN¥17.7b

Beijing Dahao TechnologyLtd

SHSE:603025

CN¥18.0b

Anhui XDLK Microsystem

SHSE:688582

CN¥20.6b

Raytron TechnologyLtd

SHSE:688002

CN¥21.4b

Price History & Performance

Summary of share price highs, lows and changes for Xi'an NovaStar Tech
Historical stock prices
Current Share Price	CN¥179.86
52 Week High	CN¥266.46
52 Week Low	CN¥145.17
Beta	0
1 Month Change	5.07%
3 Month Change	17.65%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-26.09%

Recent updates

Shareholder Returns

	301589	CN Electronic	CN Market
7D	-3.1%	1.6%	-1.2%
1Y	n/a	21.3%	11.8%

Return vs Industry: Insufficient data to determine how 301589 performed against the CN Electronic industry.

Return vs Market: Insufficient data to determine how 301589 performed against the CN Market.

Price Volatility

Is 301589's price volatile compared to industry and market?
301589 volatility
301589 Average Weekly Movement	10.6%
Electronic Industry Average Movement	9.9%
Market Average Movement	8.7%
10% most volatile stocks in CN Market	12.8%
10% least volatile stocks in CN Market	5.7%

Stable Share Price: 301589 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 301589's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2008	n/a	Shengchun Yuan	www.novastar-led.cn

Xi'an NovaStar Tech Co., Ltd. provides LED display control solutions in China. The company offers LED control system; processors, such as video controller and processor, AV over IP system, media server, switcher, event controller, video splicing processor, accessories, V-can software, and visual intelligent control platform; LED playback controller processor and multimedia player; Nova cloud services platform; and accessories, including fiber converter, multifunction card, monitoring card, ambient brightness sensor, ambient temperature sensor, and splitter. It also provides xR solution, a virtual production technology that integrates virtual reality and extended reality, simulating the effect of a real scene in a virtual 3D space; calibration solution; rental stage solution, a stage control and studio application; high dynamic range solution; and irregular display solution.

Xi'an NovaStar Tech Co., Ltd. Fundamentals Summary

How do Xi'an NovaStar Tech's earnings and revenue compare to its market cap?
301589 fundamental statistics
Market cap	CN¥16.63b
Earnings (TTM)	CN¥649.11m
Revenue (TTM)	CN¥3.28b

25.6x

P/E Ratio

5.1x

P/S Ratio

Is 301589 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301589 income statement (TTM)
Revenue	CN¥3.28b
Cost of Revenue	CN¥1.47b
Gross Profit	CN¥1.82b
Other Expenses	CN¥1.17b
Earnings	CN¥649.11m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	7.02
Gross Margin	55.35%
Net Profit Margin	19.78%
Debt/Equity Ratio	11.0%

How did 301589 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

70%

Payout Ratio

Does 301589 pay a reliable dividends?

See 301589 dividend history and benchmarks

When do you need to buy 301589 by to receive an upcoming dividend?
Xi'an NovaStar Tech dividend dates
Ex Dividend Date	Dec 24 2024
Dividend Pay Date	Dec 24 2024
Days until Ex dividend	1 day
Days until Dividend pay date	1 day

Does 301589 pay a reliable dividends?

See 301589 dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 23:53
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Xi'an NovaStar Tech Co., Ltd. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Yan Jing Wu	China Galaxy Securities Co., Ltd.
Tao Xu	Citic Securities Co., Ltd.
Jian Pan	Tianfeng Securities Brokerage Co., Ltd