---
title: "Xi’an Novastar Tech Co., Ltd. (301589.SZ)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/301589.SZ.md"
symbol: "301589.SZ"
name: "Xi’an Novastar Tech Co., Ltd."
industry: "Electronic Equipment and Instruments"
---

# Xi’an Novastar Tech Co., Ltd. (301589.SZ)

| Item | Detail |
|------|--------|
| Industry | Electronic Equipment and Instruments |
| Location | CN Market |
| Website | [www.novastar-led.cn](https://www.novastar-led.cn) |

## Company Profile

Xi'an NovaStar Tech Co., Ltd., together with its subsidiaries, designs and develops light-emitting diode (LED) display control solutions in China and internationally. The company offers LED control systems; processors, such as video controllers and processors, AV over IP systems, media servers, vide...

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-25T04:30:10.000Z

**Overall: B (0.37)**

**Industry**: Electronic Equipment and Instruments

| Metric | Value |
|--------|-------|
| Industry Ranking | 17 / 201 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 1.27% |  |
| Net Profit YoY | -11.00% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 4.37 |  |
| Dividend Ratio | 0.66% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 16.67B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 3.31B |  |


**Multi Score**: B

#### Profit Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 15.49% | A |
| Profit Margin | 17.38% | A |
| Gross Margin | 59.34% | B |

#### Growth Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 1.27% | C |
| Net Profit YoY | -11.00% | D |
| Total Assets YoY | 9.31% | B |
| Net Assets YoY | 5.72% | B |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 575.26% | C |
| OCF YoY | 1.27% | C |

#### Operating Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.61 | B |

#### Debt Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 32.34% | B |


```chart-data:radar
{
  "title": "Longbridge Financial Score - Xi’an Novastar Tech Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "A",
      "indicators": [
        {
          "name": "ROE",
          "value": "15.49%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "17.38%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "59.34%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "C",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "1.27%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "-11.00%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "9.31%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.72%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "575.26%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "1.27%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "B",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.61",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "B",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "32.34%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | FII (SH.601138) | B | A | A | D | A | B |
| 02 | USISH (SH.601231) | C | C | A | C | B | B |
| 03 | Goertek (SZ.002241) | C | B | A | D | B | B |
| 04 | HGTECH (SZ.000988) | B | B | B | C | B | B |
| 05 | GUIDE INFRARED (SZ.002414) | C | A | C | B | A | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 29.06 | 23/203 | 28.73 | 24.97 | 23.16 |
| PB | 4.38 | 110/203 | 4.36 | 4.01 | 3.62 |
| PS (TTM) | 5.05 | 62/203 | 4.98 | 4.58 | 4.16 |
| Dividend Yield | 0.65% | 75/203 | 3.32% | 0.80% | 0.59% |

## Institutional View

### Analyst Rating Distribution

> As of 2025-09-03T16:00:00.000Z

Total Analysts: **2**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 2 | 100% |
| Overweight | 0 | 0% |
| Hold | 0 | 0% |
| Underweight | 0 | 0% |
| Sell | 0 | 0% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 181.60 |
| Highest Target | 208.00 |
| Lowest Target | 208.00 |

## References

- [Company Overview](https://longbridge.com/en/quote/301589.SZ/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/301589.SZ/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/301589.SZ/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.