Nova Lifestyle I Stock Gross Profit

NVFY Stock  USD 0.45  0.01  2.27%   
Nova Lifestyle I fundamentals help investors to digest information that contributes to Nova Lifestyle's financial success or failures. It also enables traders to predict the movement of Nova Stock. The fundamental analysis module provides a way to measure Nova Lifestyle's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nova Lifestyle stock.
Last ReportedProjected for Next Year
Gross Profit4.2 M5.6 M
Gross Profit Margin 0.38  0.40 
Gross Profit is likely to rise to about 5.6 M in 2024. Gross Profit Margin is likely to rise to 0.40 in 2024.
  
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Nova Lifestyle I Company Gross Profit Analysis

Nova Lifestyle's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Nova Lifestyle Gross Profit

    
  (7.78 M)  
Most of Nova Lifestyle's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nova Lifestyle I is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nova Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Nova Lifestyle is extremely important. It helps to project a fair market value of Nova Stock properly, considering its historical fundamentals such as Gross Profit. Since Nova Lifestyle's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nova Lifestyle's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nova Lifestyle's interrelated accounts and indicators.
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Click cells to compare fundamentals
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Nova Lifestyle I reported (7.78 Million) of gross profit. This is 100.05% lower than that of the Household Durables sector and significantly lower than that of the Consumer Discretionary industry. The gross profit for all United States stocks is 100.03% higher than that of the company.

Nova Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova Lifestyle's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nova Lifestyle could also be used in its relative valuation, which is a method of valuing Nova Lifestyle by comparing valuation metrics of similar companies.
Nova Lifestyle is currently under evaluation in gross profit category among its peers.

Nova Fundamentals

About Nova Lifestyle Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nova Lifestyle I's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova Lifestyle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova Lifestyle I based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Nova Stock Analysis

When running Nova Lifestyle's price analysis, check to measure Nova Lifestyle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nova Lifestyle is operating at the current time. Most of Nova Lifestyle's value examination focuses on studying past and present price action to predict the probability of Nova Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Lifestyle's price. Additionally, you may evaluate how the addition of Nova Lifestyle to your portfolios can decrease your overall portfolio volatility.