NasdaqCM:BIMI

Stock Analysis Report

Executive Summary

NF Energy Saving Corporation, through its subsidiaries, engages in the production and sale of energy-saving and intelligent flow control equipment in the People’s Republic of China.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Share Price & News

How has NF Energy Saving's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

12.6%

BIMI

3.3%

US Machinery

0.07%

US Market


1 Year Return

35.8%

BIMI

15.1%

US Machinery

8.9%

US Market

Return vs Industry: BIMI exceeded the US Machinery industry which returned 15.1% over the past year.

Return vs Market: BIMI exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

BIMIIndustryMarket
7 Day12.6%3.3%0.07%
30 Day345.5%3.5%-0.3%
90 Day139.5%-0.5%-1.6%
1 Year35.8%35.8%17.5%15.1%11.3%8.9%
3 Year434.5%434.5%55.1%45.1%46.3%36.8%
5 Year155.7%155.7%56.6%37.5%62.1%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is NF Energy Saving undervalued compared to its fair value and its price relative to the market?

4.41x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BIMI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BIMI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BIMI is unprofitable, so we can't compare its PE Ratio to the Machinery industry average.

PE vs Market: BIMI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BIMI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BIMI is overvalued based on its PB Ratio (4.4x) compared to the US Machinery industry average (2.3x).


Next Steps

Future Growth

How is NF Energy Saving forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.6%

Forecasted Capital Goods 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 NF Energy Saving 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.


Next Steps

Past Performance

How has NF Energy Saving performed over the past 5 years?

-68.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BIMI is unprofitable, and losses have increased over the past 5 years at a rate of -68.5% per year.

Accelerating Growth: Unable to compare BIMI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BIMI is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (16.7%).


Return on Equity

High ROE: BIMI has a negative Return on Equity (-153.23%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: BIMI is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: BIMI is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is NF Energy Saving's financial position?


Financial Position Analysis

Short Term Liabilities: BIMI's short term assets ($5.1M) do not cover its short term liabilities ($14.4M)

Long Term Liabilities: BIMI has no long term liabilities


Debt to Equity History and Analysis

Debt Level: BIMI's debt to equity ratio (67.8%) is considered high

Reducing Debt: BIMI's debt to equity ratio has increased from 27% to 67.8% over the past 5 years.


Balance Sheet

Inventory Level: BIMI has a high level of physical assets or inventory.

Debt Coverage by Assets: BIMI's debt is not covered by short term assets (assets are 0.7x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BIMI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BIMI has less than a year of cash runway if free cash flow continues to grow at historical rates of 54.2% each year.


Next Steps

Dividend

What is NF Energy Saving's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate BIMI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BIMI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if BIMI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BIMI'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 BIMI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of NF Energy Saving's salary, the management and board of directors tenure and is there insider trading?

1.4yrs

Average board tenure


CEO

Tiewei Song (47yo)

0yrs

Tenure

0

Mr. Tiewei Song has been Director of NF Energy Saving Corp. since May 18, 2018 and its Chief Executive Officer since October 1, 2019 and serves as President. Mr.Tiewei Song has been President and Director  ...


Board Age and Tenure

1.4yrs

Average Tenure

47yo

Average Age

Experienced Board: BIMI's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$44,60915 Jan 19
Lijun Wang
EntityIndividual
Shares7,000
Max PriceUS$6.37
BuyUS$386,40415 Jan 19
Yan Liu
EntityIndividual
Shares21,414
Max PriceUS$18.04
BuyUS$45,11515 Jan 19
Guan Wei
EntityIndividual
Shares2,477
Max PriceUS$18.40
BuyUS$32,52215 Jan 19
Fuqing Zhang
EntityIndividual
Shares2,610
Max PriceUS$20.04
BuyUS$449,28215 Jan 19
Yunguo Jiang
EntityIndividual
Shares26,161
Max PriceUS$17.79
BuyUS$27,42915 Jan 19
Shulian Shen
EntityIndividual
Shares3,000
Max PriceUS$9.14
BuyUS$79,12915 Jan 19
Yongjian He
EntityIndividual
Shares9,700
Max PriceUS$8.16
BuyUS$83,94015 Jan 19
Xiaofei Yu
EntityIndividual
Shares10,350
Max PriceUS$8.20

Ownership Breakdown


Management Team

  • Tiewei Song (47yo)

    CEO, President & Director

    • Tenure: 0yrs
  • Zhang Tingting (37yo)

    Chief Financial Officer

    • Tenure: 0.6yrs

Board Members

  • Gang Li (66yo)

    Independent Director

    • Tenure: 12.9yrs
  • Mia Kuang Ching (53yo)

    Independent Director

    • Tenure: 10.2yrs
    • Compensation: US$24.00k
  • Yongquan Bi (42yo)

    Chairman

    • Tenure: 0.7yrs
  • Tiewei Song (47yo)

    CEO, President & Director

    • Tenure: 0yrs
  • Fengsheng Tan (54yo)

    Independent Director

    • Tenure: 1.4yrs
  • Changquing Yan (46yo)

    Independent Director

    • Tenure: 1.4yrs
  • Ju Li (40yo)

    Independent Director

    • Tenure: 0.8yrs

Company Information

NF Energy Saving Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NF Energy Saving Corporation
  • Ticker: BIMI
  • Exchange: NasdaqCM
  • Founded:
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$56.291m
  • Shares outstanding: 9.57m
  • Website: https://www.nfenergy.com

Number of Employees


Location

  • NF Energy Saving Corporation
  • 3106, Tower C
  • 390 Qingnian Avenue
  • Shenyang
  • Liaoning Province
  • 110015
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BIMINasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDDec 2006
63NNBST (Boerse-Stuttgart)YesCommon StockDEEURDec 2006

Biography

NF Energy Saving Corporation, through its subsidiaries, engages in the production and sale of energy-saving and intelligent flow control equipment in the People’s Republic of China. The company manufacture ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/24 00:06
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.