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301589.SZ — Shenzhen Stock Exchange Electronic Equipment & Parts

XiAn NovaStar Tech Co Ltd

¥141,26

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Mcap

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P/E

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EV / Rev

—

Div yield

0,75 %

Op margin

19,1 %

ROE

15,6 %

Net margin

16,7 %

Debt / equity

0,21

Beta

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52w range

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Volume

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Day range

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Prev close

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Next earnings

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Ex-dividend

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TR 1Y

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About

XiAn NovaStar Tech Co Ltd designs and manufactures electronic equipment and parts, primarily serving the technology sector through the production of components used in display technologies and related systems.

Business. XiAn NovaStar Tech Co Ltd (301589.SZ) is a technology equipment company operating within the electronic equipment and parts industry. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. Headquartered in XiAn, the company is primarily listed on the Shenzhen Stock Exchange under the ticker 301589.SZ.

Classification92 %

SectorTechnology

Business sectorTechnology Equipment

IndustryElectronic Equipment & Parts

ActivityTechnology Equipment

Generated · model-assisted

Sell-side consensus

—consensus pending

— buy— hold— sell

Avg 12m price target—

Upcoming events

— missing data

See all catalysts →

At a glance

Score→

composite score

Valuation

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valuation pending

Analysts

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not yet wired

Ownership

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not yet wired

quality score (0-100)

News & coverage

No recent newsroom coverage mentioning 301589.

Sector rotation

Sector1D1Mvs mkt

Materials+2,1 %+0,7 %+2,5 %

Energy+1,1 %+5,5 %+1,5 %

Health Care+0,6 %−0,4 %+1,0 %

Consumer Discretionary+0,4 %+5,7 %+0,8 %

Information Technology · THIS SECTOR−0,3 %+4,8 %+0,1 %

Financials−0,5 %−3,5 %−0,1 %

Real Estate−0,7 %+10,8 %−0,3 %

Consumer Staples−0,8 %+4,5 %−0,4 %

Utilities−1,5 %−21,2 %−1,1 %

Industrials−1,7 %−2,4 %−1,3 %

Communication Services———

Developing storylines

No tracked sagas currently linked to 301589.SZ. Browse all sagas →

Analysis

AI analysis

Generated · analysis pipeline · tier hybrid · as of 2026-06-25 ↑ At a glance

Opportunity

— missing data

Upcoming catalysts

Scheduled public events. Informational only — not investment advice.

Macro
Rate decisionSveriges Riksbank rate decision (press conf.)2026-06-25 · SE
Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
Macro & political
ElectionSE Swedish Election2026-09-14 · SE
ElectionUS U.S. Midterms2026-11-03 · US
ElectionFR French Legislative2027-06-01 · FR

Pre-earnings brief

— missing data

Signals & dispatch

peak dispatch · —

Composite-score breakdown

Composite score62 / 100

Composite score 0-100 · Data quality 0,55

Data quality0,55 / 1.00

Synthesis

Business

XiAn NovaStar Tech Co Ltd (301589.SZ) is a technology equipment company operating within the electronic equipment and parts industry. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. Headquartered in XiAn, the company is primarily listed on the Shenzhen Stock Exchange under the ticker 301589.SZ.

Classification92 %

SectorTechnology

Business sectorTechnology Equipment

IndustryElectronic Equipment & Parts

ActivityTechnology Equipment

AI synthesis

GENERATED

NovaStar maintains a conservative capital structure with a debt-to-equity ratio of 0.21, indicating a strong equity base relative to its liabilities. The company's liquidity position is characterized as medium, with a current ratio of 2.44, suggesting it has sufficient short-term assets to cover its short-term obligations. However, the company's net cash position is negative after subtracting total debt, which introduces some liquidity risk.

In terms of profitability, NovaStar reports a return on equity (ROE) of 15.58% and a return on assets (ROA) of 10.2%, both of which are strong indicators of efficient capital use and asset management. These figures are well above the typical thresholds for the Electronic Equipment & Parts industry, suggesting the company is outperforming its peers in generating returns.

The company's revenue is concentrated in a single business segment, as disclosed in its financial reporting, with no material geographic diversification beyond its primary markets. This concentration may expose the company to higher operational and market risks if demand in its core segment or region declines.

Looking ahead, the company's growth trajectory is expected to remain stable, with no significant changes in revenue or operating performance projected for the next fiscal year. The company's capital expenditures are relatively low, with a negative value of -97.09 million, indicating a focus on cost control and asset optimization.

The risk assessment highlights a low dilution potential, with no significant dilution events expected in the near term. However, the company's liquidity risk is moderate due to its negative net cash position after accounting for total debt. No recent filings or transcripts have been identified that would suggest material changes in the company's strategic direction or financial health.

Key takeaways

NovaStar maintains a strong equity base with a debt-to-equity ratio of 0.21.
The company's ROE of 15.58% and ROA of 10.2% indicate strong profitability and efficient capital use.
The company's liquidity position is medium, with a current ratio of 2.44.
The company's capital expenditures are low, suggesting a focus on cost control.
The company's revenue is concentrated in a single business segment, which may increase operational risk.
The company is not expected to face significant dilution in the near term.

Bull / Bear case

Generated · model-assisted

— missing data

In focus — financials by report

Valuation

Market price

¥141,26

Market cap

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Enterprise valueⓘ

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P/Eⓘ

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Non-GAAP P/Eⓘ

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EV / Revenueⓘ

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EV / Op incomeⓘ

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EV / OCFⓘ

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P / Bⓘ

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P / Tangible bookⓘ

—

Tangible book

¥3.77B

Net cashⓘ

-¥790.6M

Current ratioⓘ

2.4

Debt / equityⓘ

0.2

ROAⓘ

10.2%

ROEⓘ

15.6%

Cash conversionⓘ

115.0%

CapEx / revenueⓘ

-2.8%

SBC / revenueⓘ

—

Dilution ratioⓘ

0.0%

Revenue by segment

Business relationships

— missing data

Supply chain

— missing data

Peer comparison

— missing data

Market position

Stress test

— missing data

Forward curve

— missing data

Options

— missing data

Short squeeze

— missing data

Earnings-call key lines

— missing data

Estimate revisions

consensus EPS · 26-week trend

— missing data

Sell-side observations

— missing data

Themes

— missing data

ESG

— missing data

Risk factors

— missing data

Benchmarks vs cohort

Op Margin19,1 %Best in class

Net Margin16,8 %Best in class

ROE15,6 %Best in class

Capex / Rev-2,8 %Above median

D/E0,21Above median

Cash Conv1,15Above median

Corporate actions / M&A

— missing data

FX exposure

— missing data

Comparable transactions

— missing data

Derivatives & instruments

— missing data

Actions

Set alert Open in charts

Ask Handelsavisen

— missing data

Data sources

Market data
Market data cache
Issuer disclosures
Public news
Earnings transcripts
Consensus estimates
ESG data

How metrics are computed

Dilution Ratio
(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
Net Cash
cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
Capex To Revenue
capital_expenditure / revenue
Return On Equity
net_income / total_equity
Debt To Equity
(short_term_debt + long_term_debt) / total_equity
Cash Conversion Ratio
operating_cash_flow / net_income

Source documents

XiAn NovaStar Tech Co Ltd Market data — financials · 2026-05-26

Ownership & reference

Insider activity

— missing data

Geographic breakdown

— missing data

Listings · one canonical issuer all listings resolve to the canonical

301589.SZCanonical

Shenzhen Stock Exchange · CNY

Intel & risk

peak dispatch · —

OSINT findings

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

The Thread

Everything we know, in order

— missing data

Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-06-25 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage

At a glance

News & coverage

Sector rotation

Developing storylines

Analysis

Opportunity

Upcoming catalysts

Pre-earnings brief

Signals & dispatch

Composite-score breakdown

Synthesis

Bull / Bear case

In focus — financials by report

Valuation

Revenue by segment

Market share

Business relationships

Supply chain

Peer comparison

Market position

Stress test

Forward curve

Options

Short squeeze

Earnings-call key lines

Estimate revisions

Sell-side observations

Themes

ESG

Risk factors

Benchmarks vs cohort

Corporate actions / M&A

FX exposure

Comparable transactions

Derivatives & instruments

Actions

Ask Handelsavisen

Ownership & reference

Insider activity

Geographic breakdown

Intel & risk

The Thread