Nova Lifestyle I
Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers North America and internationally. 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, e… Read more
Nova Lifestyle I (NVFY) - Net Assets
Latest net assets as of September 2025: $13.58 Million USD
Based on the latest financial reports, Nova Lifestyle I (NVFY) has net assets worth $13.58 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.29 Million) and total liabilities ($4.70 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $13.58 Million |
| % of Total Assets | 74.28% |
| Annual Growth Rate | 52.67% |
| 5-Year Change | -92.37% |
| 10-Year Change | -94.79% |
| Growth Volatility | 81008.12 |
Nova Lifestyle I - Net Assets Trend (2009–2024)
This chart illustrates how Nova Lifestyle I's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nova Lifestyle I (2009–2024)
The table below shows the annual net assets of Nova Lifestyle I from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.12 Million | +529.29% |
| 2023-12-31 | $496.35K | -92.49% |
| 2022-12-31 | $6.61 Million | -71.80% |
| 2021-12-31 | $23.44 Million | -42.72% |
| 2020-12-31 | $40.93 Million | -38.03% |
| 2019-12-31 | $66.05 Million | -11.83% |
| 2018-12-31 | $74.91 Million | +9.44% |
| 2017-12-31 | $68.45 Million | +8.19% |
| 2016-12-31 | $63.27 Million | +5.46% |
| 2015-12-31 | $59.99 Million | +15.85% |
| 2014-12-31 | $51.78 Million | +33.70% |
| 2013-12-31 | $38.73 Million | +27.54% |
| 2012-12-31 | $30.37 Million | +32.83% |
| 2011-12-31 | $22.86 Million | +28.52% |
| 2010-12-31 | $17.79 Million | +324785.48% |
| 2009-12-31 | $5.47K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nova Lifestyle I's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4999099000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.30K | 0.23% |
| Other Comprehensive Income | $522.15K | 16.72% |
| Other Components | $52.59 Million | 1683.54% |
| Total Equity | $3.12 Million | 100.00% |
Nova Lifestyle I Competitors by Market Cap
The table below lists competitors of Nova Lifestyle I ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Terra Santa Propriedades Agrícolas S.A.
SA:LAND3
|
$60.73 Million |
|
Tesoro Gold Ltd
AU:TSO
|
$60.73 Million |
|
Largo Resources Ltd
NASDAQ:LGO
|
$60.75 Million |
|
Muhak Co. Ltd
KO:033920
|
$60.75 Million |
|
Ubright Optronics
TWO:4933
|
$60.70 Million |
|
Surf Air Mobility Inc.
NYSE:SRFM
|
$60.70 Million |
|
KCTC Co. Ltd
KO:009070
|
$60.69 Million |
|
D-Link (India) Limited
NSE:DLINKINDIA
|
$60.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nova Lifestyle I's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 496,354 to 3,123,514, a change of 2,627,160 (529.3%).
- Net loss of 5,561,705 reduced equity.
- New share issuances of 750,000 increased equity.
- Other comprehensive income increased equity by 721.
- Other factors increased equity by 7,438,144.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.56 Million | -178.06% |
| Share Issuances | $750.00K | +24.01% |
| Other Comprehensive Income | $721.00 | +0.02% |
| Other Changes | $7.44 Million | +238.13% |
| Total Change | $- | 529.29% |
Book Value vs Market Value Analysis
This analysis compares Nova Lifestyle I's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.94x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $-0.03 | $5.38 | x |
| 2011-12-31 | $38.89 | $5.38 | x |
| 2012-12-31 | $40.64 | $5.38 | x |
| 2013-12-31 | $50.63 | $5.38 | x |
| 2014-12-31 | $63.24 | $5.38 | x |
| 2015-12-31 | $65.71 | $5.38 | x |
| 2016-12-31 | $62.19 | $5.38 | x |
| 2017-12-31 | $61.65 | $5.38 | x |
| 2018-12-31 | $65.45 | $5.38 | x |
| 2019-12-31 | $58.28 | $5.38 | x |
| 2020-12-31 | $35.65 | $5.38 | x |
| 2021-12-31 | $19.23 | $5.38 | x |
| 2022-12-31 | $4.77 | $5.38 | x |
| 2023-12-31 | $0.32 | $5.38 | x |
| 2024-12-31 | $0.91 | $5.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nova Lifestyle I utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -178.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -57.41%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 3.18x
- Recent ROE (-178.06%) is below the historical average (-136.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -115.07% | 0.00% | 0.00x | 1.10x | $-6.85K |
| 2010 | 0.00% | -0.10% | 1.62x | 0.00x | $-26.48K |
| 2011 | 23.47% | 12.43% | 1.24x | 1.52x | $3.08 Million |
| 2012 | 17.89% | 8.20% | 1.31x | 1.67x | $2.40 Million |
| 2013 | 12.57% | 6.21% | 1.29x | 1.56x | $994.53K |
| 2014 | 16.52% | 8.67% | 1.22x | 1.56x | $3.38 Million |
| 2015 | 3.67% | 2.02% | 1.21x | 1.50x | $-3.80 Million |
| 2016 | -1.77% | -1.21% | 1.20x | 1.22x | $-7.44 Million |
| 2017 | 5.50% | 3.54% | 1.33x | 1.17x | $-3.08 Million |
| 2018 | 7.07% | 5.98% | 0.98x | 1.20x | $-2.19 Million |
| 2019 | -9.29% | -27.92% | 0.31x | 1.08x | $-12.74 Million |
| 2020 | -62.92% | -226.88% | 0.24x | 1.14x | $-29.84 Million |
| 2021 | -85.15% | -158.98% | 0.43x | 1.26x | $-22.31 Million |
| 2022 | -258.26% | -133.98% | 1.11x | 1.74x | $-17.74 Million |
| 2023 | -1556.00% | -69.66% | 1.78x | 12.57x | $-7.77 Million |
| 2024 | -178.06% | -57.41% | 0.98x | 3.18x | $-5.87 Million |
Industry Comparison
This section compares Nova Lifestyle I's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $264,634,611
- Average return on equity (ROE) among peers: -5.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nova Lifestyle I (NVFY) | $13.58 Million | -115.07% | 0.35x | $60.72 Million |
| American Woodmark Corporation (AMWD) | $581.66 Million | 10.86% | 1.83x | $572.47 Million |
| Aterian Inc (ATER) | $224.23 Million | -105.26% | 0.40x | $3.15 Million |
| Applied UV, Inc. (AUVIQ) | $-1.42 Million | 0.00% | 0.00x | $467.00 |
| Bassett Furniture Industries (BSET) | $298.90 Million | 7.66% | 0.16x | $108.92 Million |
| Breville Group Limited (BVILF) | $150.22 Million | 15.03% | 0.59x | $2.02 Billion |
| Traeger Inc (COOK) | $291.35 Million | -28.97% | 1.95x | $117.97 Million |
| Crown Crafts Inc (CRWS) | $31.39 Million | 13.72% | 0.46x | $25.18 Million |
| Deer Consumer Prodct (DEER) | $-17.75K | 0.00% | 0.00x | $0.93 |
| De'Longhi S.p.A (DELHF) | $1.07 Billion | 17.33% | 0.99x | $1.30 Billion |
| Dyna Group International Inc (DGIX) | $4.10 Million | 13.94% | 0.59x | $7.42K |