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NVFY

NVFY - Nova Lifestyle Inc Stock Price, Fair Value and News

2.05-0.02 (-0.97%)Market Closed

Market Summary

NVFY
2.05-0.02
Market Closed
-0.97%

NVFY Stock Price

View Fullscreen

NVFY RSI Chart

NVFY Valuation

Market Cap

5.1M

Price/Earnings (Trailing)

-0.64

Price/Sales (Trailing)

0.44

EV/EBITDA

-0.67

Price/Free Cashflow

-4.76

NVFY Price/Sales (Trailing)

NVFY Profitability

Operating Margin

39.07%

EBT Margin

-62.41%

Return on Equity

18.6K%

Return on Assets

-128.87%

Free Cashflow Yield

-20.99%

NVFY Fundamentals

NVFY Revenue

Revenue (TTM)

11.6M

Rev. Growth (Yr)

26.77%

Rev. Growth (Qtr)

4.49%

NVFY Earnings

Earnings (TTM)

-8.0M

Earnings Growth (Yr)

-19.67%

Earnings Growth (Qtr)

68.7%

Breaking Down NVFY Revenue

Last 7 days

7.7%

Last 30 days

-5.4%

Last 90 days

1.9%

Trailing 12 Months

-16.3%

How does NVFY drawdown profile look like?

NVFY Financial Health

Current Ratio

0.9

NVFY Investor Care

Shares Dilution (1Y)

67.59%

Diluted EPS (TTM)

-4.76

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202411.6M000
202311.0M11.6M11.1M11.1M
202212.9M13.2M13.3M12.7M
202112.5M13.7M13.3M12.6M
202015.4M14.7M10.3M11.4M
201967.7M46.5M37.5M22.0M
2018110.7M115.3M98.8M81.2M
201788.2M88.0M90.7M106.5M
201694.7M85.2M91.7M92.6M
2015102.9M106.1M104.3M94.2M
201481.2M88.0M91.6M98.7M
201370.3M73.3M76.4M78.4M
201237.7M44.6M52.6M66.3M
201127.4M28.6M32.9M32.3M
2010024.1M26.4M28.8M
200900021.7M
Get all data in R, Python etc through our Historical Stock Data APIs
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Tracking the Latest Insider Buys and Sells of Nova Lifestyle Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 09, 2023
su min
acquired
-
-
6,000
secretary
Nov 11, 2022
su min
acquired
-
-
6,000
secretary
Nov 11, 2021
su min
acquired
-
-
6,000
secretary
Nov 10, 2020
su min
acquired
-
-
6,000
secretary
Jan 31, 2020
su min
acquired
-
-
6,000
secretary

1–5 of 5

Which funds bought or sold NVFY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
BARCLAYS PLC
unchanged
-
-
-
 -%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-6.91
-4,842
13,661
 -%
May 13, 2024
BANK OF MONTREAL /CAN/
sold off
-100
-73,050
-
 -%
May 13, 2024
HRT FINANCIAL LP
new
-
45,000
45,000
 -%
May 13, 2024
UBS Group AG
new
-
756
756
 -%
May 10, 2024
WELLS FARGO & COMPANY/MN
added
14.29
-2.00
24.00
 -%
May 10, 2024
BlackRock Inc.
unchanged
-
-3,846
14,744
 -%
May 01, 2024
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
 -%

1–8 of 8

Are Funds Buying or Selling NVFY?

Are funds buying NVFY calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NVFY
No. of Funds

Unveiling Nova Lifestyle Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 20, 2024
ats brand sdn bhd
12.9%
3e+05
SC 13G
Feb 14, 2024
cvi investments, inc.
4.3%
74,300
SC 13G/A
Feb 14, 2024
anson funds management lp
4.4%
74,300
SC 13G/A
Nov 29, 2023
web 3.0 sdh bhd
16.5%
270,000
SC 13G
Feb 14, 2022
cvi investments, inc.
5.3%
371,503
SC 13G/A
Feb 11, 2022
anson funds management lp
5.3%
371,503
SC 13G
Nov 29, 2021
intracoastal capital, llc
5.3%
371,502
SC 13G
Aug 02, 2021
cvi investments, inc.
9.9%
705,020
SC 13G
Aug 02, 2021
intracoastal capital, llc
1.0%
67,120
SC 13G

Recent SEC filings of Nova Lifestyle Inc

View All Filings
Date Filed Form Type Document
May 15, 2024
10-Q
Quarterly Report
Apr 23, 2024
8-K
Current Report
Apr 22, 2024
DEFA14A
DEFA14A
Apr 19, 2024
DEF 14A
DEF 14A
Apr 15, 2024
10-K
Annual Report
Apr 01, 2024
NT 10-K
NT 10-K
Mar 20, 2024
SC 13G
Major Ownership Report
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 14, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Nova Lifestyle Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
HD
341.2B
152.7B
 3.46% 16.66%
22.53
2.24
 -3.01% -11.47%
LOW
132.3B
86.4B
 1.01% 10.52%
17.12
1.53
 -11.01% 20.02%
DHI
49.9B
37.1B
 3.98% 34.73%
10.05
1.35
 10.12% -4.19%
NVR
24.0B
9.7B
 -0.05% 30.30%
14.63
2.48
 -6.32% -0.14%
FND
12.7B
4.4B
 9.69% 30.59%
56.7
2.9
 0.72% -24.86%
MID-CAP
MHK
7.7B
11.0B
 11.19% 22.24%
-18.54
0.7
 -4.50% -196.49%
IBP
6.0B
2.8B
 -5.53% 84.92%
24.08
2.14
 2.57% 4.80%
WHR
5.0B
19.3B
 -12.01% -31.63%
12.43
0.26
 -0.81% 119.97%
CVCO
3.1B
1.9B
 6.72% 27.83%
18.29
1.69
 -14.77% -30.65%
CCS
2.8B
3.9B
 11.59% 28.62%
9.69
0.72
 -8.36% -30.22%
LEG
1.6B
4.6B
 -30.17% -63.36%
-10.2
0.35
 -8.52% -158.15%
SMALL-CAP
AMWD
1.5B
1.9B
 5.06% 76.78%
12.72
0.81
 -10.13% 53.07%
BZH
907.0M
2.1B
 10.32% 32.24%
5.65
0.42
 -8.40% -19.84%
BSET
123.6M
369.0M
 5.11% 0.21%
-21.28
0.33
 -22.39% -109.49%
CRWS
53.0M
86.7M
 1.77% -1.33%
11.24
0.61
 9.53% -34.99%

Nova Lifestyle Inc News

Latest updates
Yahoo Finance • 15 Apr 2024 • 07:00 am
Nova LifeStyle Announces Fiscal 2023 Results
Markets Insider • 22 Mar 2024 • 07:00 am
Why FedEx Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket
Benzinga • 22 Mar 2024 • 07:00 am
US Stocks Edge Lower; FedEx Posts Upbeat Earnings - BYND Cannasoft Enterprise (NASDAQ:BCAN), Biolase (NAS
Simply Wall St • 2 months ago
With A 28% Price Drop For Nova LifeStyle, Inc. (NASDAQ:NVFY) You'll Still Get What You Pay For
Insider Financial • 3 months ago
The Rise, Fall and Rise of Nova Lifestyle Inc (NASDAQ:NVFY)
Yahoo Finance • 6 months ago
Nova LifeStyle, Inc. Reports Third Quarter FY 2023 Results
GlobeNewswire • 10 months ago
The Rosen Law Firm, P.A. Announces Proposed Securities
GlobeNewswire • 12 months ago
Nova LifeStyle, Inc. Completes 1 for 5 Reverse Stock Split
TradingView • 6 years ago
NVFY Stock Price and Chart — NASDAQ:NVFY
CNN • 10 years ago
NVFY Stock Quote Price and Forecast

Nova Lifestyle Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue4.5%2,376,3932,274,3312,476,1344,462,4291,874,5652,249,7743,016,1043,813,0473,665,9462,758,0652,916,5713,550,0163,331,5673,536,4113,315,6732,294,9262,203,2202,523,6627,690,2822,974,5938,794,742
Cost Of Revenue6.8%1,360,2331,273,9771,411,5733,015,0891,213,2639,149,2811,878,3617,361,2242,137,618-3,990,9541,517,0327,557,1491,951,25518,489,5999,905,8521,423,0291,424,1915,403,0636,125,8922,175,2516,985,809
Gross Profit1.6%1,016,1601,000,3541,064,5611,447,340661,302-6,899,5071,137,743-3,548,1771,528,3286,749,0191,399,539-4,007,1331,380,312-14,953,188-6,590,179871,897779,029-2,879,4011,564,390799,3421,808,933
Operating Expenses-47.9%2,504,5514,806,1182,115,4981,825,5771,844,9121,866,5802,091,7412,134,5392,353,0712,418,0192,546,3812,271,4702,146,4151,749,2241,652,7771,410,1991,600,1351,539,3381,836,6191,629,0312,084,633
  S&GA Expenses2.5%559,470545,783592,089565,093714,514703,499643,206770,211768,333758,0651,323,903878,757768,085647,426523,364259,899317,416392,961380,829422,512389,240
  R&D Expenses-751,216---118----------------
EBITDA Margin0.9%-0.62-0.63-1.04-1.05-1.58-1.33-0.31-0.27-0.33-0.33-1.86-2.32-2.09-2.32-------
Interest Expenses19.6%-3,942-4,906-1,358-1,322-1,909-2,503-2,261-2,885-17,567-119,690-31,75528,3012,390-3,773-6441,43720,8251,05539959,865-35,444
Income Taxes-100.0%-581,321147,3712,400------16,700167,5323,3859,6767,765-55,000-737,903-11,915-665,52878.00
Earnings Before Taxes64.3%-1,462,756-4,092,411-1,141,258-536,181-1,222,315-8,796,725-1,712,992-5,691,507-872,2934,263,880-1,229,100-6,342,142-753,861-16,602,618-8,295,271-514,036-989,034-4,454,583-310,165-773,231-347,659
EBT Margin1.0%-0.62-0.63-1.06-1.06-1.59-1.34-0.30-0.27-0.32-0.32-1.87-2.33-2.10-2.33-------
Net Income68.7%-1,462,756-4,673,732-1,288,629-538,581-1,222,315-8,799,125-1,712,992-5,691,507-898,047-11,456,797-1,396,632-6,345,527-763,537-16,046,569-8,177,010-515,302-1,339,444-8,018,860-396,148-38,185-147,531
Net Income Margin1.4%-0.69-0.70-1.07-1.06-1.59-1.34-1.49-1.48-1.56-1.59-1.84-2.28-2.04-2.30-------
Free Cashflow92.8%-221,702-3,100,39487,5002,159,066-735,422-1,917,092-2,135,951-420,660-811,958-1,608,372-1,516,757-738,818-885,894-988,346-------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.9%6,1806,2388,5189,69610,16711,53320,09622,57029,02629,53040,11938,65944,76046,47962,45770,18070,31371,55679,87680,50882,634
  Current Assets3.9%3,8943,7493,6424,4897,0498,20016,70419,09625,31725,56937,36435,88341,80443,29559,06767,15967,13868,49973,19873,60275,053
    Cash Equivalents-27.0%2703707494426491,3703,1704,6835,3686,2767,8795,5057,6418,7459,3519,4716,9088,8851,8153,10949,429
  Inventory13.5%2,5132,2131,9042,3844,1654,93312,76113,47018,6932,62627,77927,16432,94032,81548,45932,81532,81529,72525,3455,8606,464
  Net PPE-7.1%267288297316349369383415450454533557426454459250262137145153163
  Goodwill0%219219219219219219219219219219219219219219219219219219219219219
Liabilities8.4%6,2235,7424,5704,8524,7354,9225,6565,6966,3836,0855,3825,2074,8115,5505,8785,6925,3915,5095,6265,5997,710
  Current Liabilities17.5%4,3353,6892,3512,4561,6411,6432,2112,1662,2881,8142,3482,1981,4492,0252,1801,9361,4441,4651,3591,1981,759
Shareholder's Equity-108.6%-42.744963,9474,8445,4326,61214,44116,87422,64323,44434,73833,45239,94940,92856,57964,48764,92266,04774,25074,90974,924
  Retained Earnings-3.3%-45,892-44,430-39,756-38,467-37,928-36,710-27,907-26,194-20,502-19,604-8,148-6,751-40535116,39824,57525,09026,43034,44934,84534,883
  Additional Paid-In Capital2.3%45,40844,40343,52943,33243,27943,24043,14742,97442,81242,66042,56539,79339,78039,76740,36740,32340,27840,22140,28240,13940,006
Shares Outstanding21.1%2,3221,9181,5561,4651,4491,4351,3871,3751,3691,3671,2801,1211,1201,119-------
Float----2,340---3,420---10,900---6,451---3,479-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations92.8%-221-3,10091.002,162-732-1,914-2,131-465-856-1,653-1,514-733-880-98322.00-442-6727,171-887-46,67955,281
  Share Based Compensation20.6%25220919747.0047.0087.0017316315191.0013.0013.0013.0014.0045.0045.0054.0055.00--176
Cashflow From Investing-100.0%-2,45631.00-2,468--3.00-4.28--336*1,218-1,373-1,033-3601,462-1,462--991*--24.91
Cashflow From Financing-200--------1*2,761----466--100-405-110-6,248
  Buy Backs------------------101405110-
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NVFY Income Statement

2024-03-31
Condensed Consolidated Statements of Loss and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net Sales$ 2,376,393$ 1,874,565
Cost of Sales1,360,2331,213,263
Gross (Loss) Profit1,016,160661,302
Operating Expenses  
Selling expenses559,470714,514
General and administrative expenses1,193,8651,130,280
Research and development751,216118
Total Operating Expenses2,504,5511,844,912
Loss From Operations(1,488,391)(1,183,610)
Other Income (Expenses)  
Non-operating income1,5811,719
Foreign exchange transaction (loss) income73,032(5,383)
Interest (expense) income, net(3,942)(1,909)
Financial expense(45,036)(33,132)
Total Other Income (Expenses), Net25,635(38,705)
Loss Before Income Taxes(1,462,756)(1,222,315)
Income Tax Expense
Net Loss(1,462,756)(1,222,315)
Other Comprehensive Loss  
Foreign currency translation(81,691)(3,107)
Net Loss and Comprehensive Loss$ (1,544,447)$ (1,225,422)
Weighted average shares outstanding - Basic[1]2,236,5141,434,012
Weighted average shares outstanding - Diluted[1]2,236,5141,434,012
Net loss per share of common stock  
Basic$ (0.65)$ (0.85)
Diluted$ (0.65)$ (0.85)
[1]Including

NVFY Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current Assets  
Cash and cash equivalents$ 273,100$ 369,137
Accounts receivable, net135,89146,998
Advance to suppliers49,45893,740
Inventories2,512,7582,213,311
Prepaid expenses898,623984,934
Other receivables24,17541,265
Total Current Assets3,894,0053,749,385
Noncurrent Assets  
Plant, property and equipment, net267,300287,673
Operating lease right-of-use assets, net1,723,5491,904,349
Intangible assets, net7,1328,473
Lease deposit69,23869,992
Goodwill218,606218,606
Total Noncurrent Assets2,285,8252,489,093
Total Assets6,179,8306,238,478
Current Liabilities  
Accounts payable572,194430,045
Operating lease liability, current686,090701,985
Advance from customers453,975306,532
Other loan201,863
Accrued liabilities and other payables1,291,3801,100,661
Income tax payable1,129,8511,150,105
Total Current Liabilities4,335,3533,689,328
Noncurrent Liabilities  
Other Loan146,608147,428
Operating lease liability, non-current1,097,5001,262,256
Income tax payable643,112643,112
Total Noncurrent Liabilities1,887,2202,052,796
Total Liabilities6,222,5735,742,124
Contingencies and Commitments
Stockholders’ Equity (Deficit)  
Common stock, $0.001 par value; 250,000,000 shares authorized, 2,345,179 and 1,917,706 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively2,3451,918
Additional paid-in capital45,407,74444,402,821
Accumulated other comprehensive (loss) income439,734521,425
Accumulated deficits(45,892,566)(44,429,810)
Total Stockholders’ Equity (Deficit)(42,743)496,354
Total Liabilities and Stockholders’ Equity (Deficit)$ 6,179,830$ 6,238,478

About Nova Lifestyle Inc

NVFY
Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. The company offers upholstered, wood, and metal-based furniture pieces for the living, dining, and bedrooms, as well as home offices. Its products include sofas, chairs, dining tables, beds, entertainment consoles, cabinets, and cupboards. The company also provides physiotherapeutic jade mats for use in therapy clinic, hospitality, and real estate projects. It distributes its products under the Nova LifeStyle, Diamond Sofa, and Nova Living brand directly, as well as through internet sales and online marketing campaigns, and participation in exhibitions and trade shows primarily to furniture distributors and retailers. The company was formerly known as Stevens Resources, Inc. Nova LifeStyle, Inc. was founded in 2003 and is headquartered in Commerce, California.
 CEO
 WEBSITEhttps://novalifestyle.com
 INDUSTRYHome Improvement Retail
 EMPLOYEES28

Nova Lifestyle Inc Frequently Asked Questions

What is the ticker symbol for Nova Lifestyle Inc? What does NVFY stand for in stocks?

NVFY is the stock ticker symbol of Nova Lifestyle Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Nova Lifestyle Inc (NVFY)?

As of Fri May 17 2024, market cap of Nova Lifestyle Inc is 5.09 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NVFY stock?

You can check NVFY's fair value in chart for subscribers.

What is the fair value of NVFY stock?

You can check NVFY's fair value in chart for subscribers. The fair value of Nova Lifestyle Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Nova Lifestyle Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NVFY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Nova Lifestyle Inc a good stock to buy?

The fair value guage provides a quick view whether NVFY is over valued or under valued. Whether Nova Lifestyle Inc is cheap or expensive depends on the assumptions which impact Nova Lifestyle Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NVFY.

What is Nova Lifestyle Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NVFY's PE ratio (Price to Earnings) is -0.64 and Price to Sales (PS) ratio is 0.44. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NVFY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Nova Lifestyle Inc's stock?

In the past 10 years, Nova Lifestyle Inc has provided -0.324 (multiply by 100 for percentage) rate of return.