301589.SHE Novastar Co Ltd
- Market cap
- CNY 14.3B
- P/E
- 22.9x
- P/B
- 3.38x
- ROE
- 15.0%
- Dividend yield
- 0.82%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 301589.SHE undervalued?
Graham number301589.SHE trades 85.6% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Novastar Co Ltd fundamental analysis
No fundamental analysis for Novastar Co Ltd yet.
Novastar Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Novastar Co Ltd
Xi'an NovaStar Tech Co., Ltd., together with its subsidiaries, designs and develops LED display control solutions in China and internationally. The company offers light-emitting diode (LED) control systems; video controllers, AV over IP systems, media servers, video splicing processors, control and video processors, V-Can software, and visual intelligent control platform; and nova cloud products, such as LED playback control processors, mini LED control PC, multi media playe…
Full company profileNovastar Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Novastar Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|
| Income Statement | ||||||
| Revenue | 1.58B | 2.17B | 3.05B | 3.28B | 3.51B | 3.63B |
| Gross Profit | 719M | 1.01B | 1.60B | 1.81B | 2.02B | 2.04B |
| Operating Income | 247M | 349M | 689M | 689M | 773M | 760M |
| EBITDA | - | 387M | 737M | 743M | 772M | 691M |
| Net Income | 212M | 308M | 607M | 593M | 588M | 617M |
| EPS | 3.05 | 4.45 | 8.76 | 6.42 | 6.36 | 6.67 |
| Balance Sheet | ||||||
| Total Assets | 2.17B | 3.02B | 4.17B | 5.44B | 5.77B | 6.41B |
| Total Liabilities | 1.00B | 1.49B | 2.02B | 1.77B | 1.99B | 2.31B |
| Shareholders' Equity | 1.17B | 1.53B | 2.15B | 3.66B | 3.77B | 4.10B |
| Cash & Short-term Investments | 544M | 416M | 530M | 985M | 926M | 897M |
| Cash Flow | ||||||
| Operating Cash Flow | 118M | -90.2M | 254M | 30.2M | 675M | - |
| Capital Expenditure | 172M | 202M | 177M | 140M | 97.1M | 117M |
| Free Cash Flow | -53.8M | -292M | 76.8M | -110M | 578M | 378M |
| Ratios | ||||||
| ROE | 18.1% | 20.2% | 28.2% | 16.2% | 15.6% | 15.0% |
| ROA | 9.7% | 10.2% | 14.5% | 10.9% | 10.2% | 9.6% |
| Net Profit Margin | 13.4% | 14.2% | 19.9% | 18.1% | 16.7% | 17.0% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
Novastar Co Ltd dividends
- Dividend yield
- 0.82%
- Forward dividend
- 1.58 CNY
- Payout ratio
- 19.9%
- Ex-dividend date
- Sep 16, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 117M | 1.27 | 19.9% |
| 2024 | CNY 534M | 5.78 | 90.1% |
| 2023 | CNY 24.2M | 0.35 | 4.0% |
| 2022 | CNY 12.3M | 0.18 | 4.0% |
| 2021 | CNY 211K | 0.00 | 0.1% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.8:1 on May 30, 2024.
Who owns Novastar Co Ltd
- Insiders 65.54%
- Institutions 5.41%
- Public & others 29.05%
- Shares outstanding 92.4M
- Free float 38.3M
Novastar Co Ltd company profile
- Company name
- Novastar Co Ltd
- Ticker
- 301589.SHE
- Exchange
- Shenzhen Stock Exchange
- Sector
- Technology
- Industry
- Electronic Components
- Employees
- 2,973
- Fiscal year end
- December
- Address
- Building 2, Xi'an, China, 710075
- Phone
- 86 29 6821 6000
- Website
- novastar-led.cn
About Novastar Co Ltd
Xi'an NovaStar Tech Co., Ltd., together with its subsidiaries, designs and develops LED display control solutions in China and internationally. The company offers light-emitting diode (LED) control systems; video controllers, AV over IP systems, media servers, video splicing processors, control and video processors, V-Can software, and visual intelligent control platform; and nova cloud products, such as LED playback control processors, mini LED control PC, multi media player, and LCD controller, as well as Nova cloud services. It also provides infinity solution, xR solution, calibrations, rental stage solution, HDR solution, and irregular display solutions; and accessories comprising fiber converter CVT10 pro, fiber converter CVT10, multifunction card MFN300/MFN 300-B, monitoring card MON300, ambient brightness sensor NS060, fiber converter CVT310/CVT320, ambient temperature sensor MTH310, splitter DIS-300, and fiber converter CVT4K-S. The company's products are used for entertainment, digital signage, and rental applications. Xi'an NovaStar Tech Co., Ltd. was founded in 2008 and is headquartered in Xi'an, China.
Novastar Co Ltd management
7- Mr. Shengchun YuanChairman of the Board & GM · born 1979
- Mr. Jingguo ZongDeputy GM & Director · born 1979
- Mr. Weiguo ChenDeputy GM & Employee Representative Director · born 1977
- Wei LiangTechnical Director
- Cheng YangChief Scientist
- Xing Mei ZhaoGeneral Manager of Process II & HR
- Huo Rong WangChief Engineer