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Foshan NationStar Optoelectronics Co.,Ltd (002449.SZ)

CNY6.40 -0.02 (-0.31%)
CN SHZ Technology Semiconductors
Address NO.18 South Huabao Road 528000
Foshan, CN
CEO Weiliang Yuan
IPO 2010-07-16
ISIN CNE100000RM4

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Description

Foshan NationStar Optoelectronics Co.,Ltd, established in 1969 and headquartered in Foshan, People's Republic of China, specializes in the manufacturing and sale of LED components and their related application products. The company's diverse portfolio includes LED chips engineered for illumination, display systems, and backlighting. For general lighting, NationStar provides components such as flip-chips, chip-on-boards (COB), and Chip Scale Packages (CSPs), which are integrated into luminaires, various lighting fixtures, and LCD television backlights. It also supplies specialized components for display units. Furthermore, the firm produces indicator components, encompassing items like plastic packages and cutting dicing elements. NationStar additionally manufactures LED display modules, backlights, and light bars, utilizing advanced SMT lines and automated backlight-lens mounting lines. These products are employed across a broad spectrum of applications, ranging from home electronics like air conditioners and LCD TVs to large-scale billboards. Complementing its visual LED offerings, the company develops non-visual LED devices, including ultraviolet (UV), infrared (IR), and horticultural LEDs.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY6.40 -0.02 (-0.31%)
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Volume Profile
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Liquidity & share structure
Average Volume
39M
Beta
1.12
Float Shares
429.68M
Free Float %
70.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.92% -4.03% +2.92% -7.43% -8.06% -4.26% -13.00% -8.27% -9.90% -11.48% -25.76%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
6.40
DCF (Unlevered) 5.36 -16.2%
DCF (Levered) 3.88 -39.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2024-11 Change
Strong Buy 0 0
Buy 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.74
Grey zone
Piotroski F-Score
3 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Semiconductors: +12.5%
    -5.5% Q1'26: -19.7% (vs Q1'25)
  • EPS growth Semiconductors: +22.5%
    -125.2% Q1'26: -301.1% (vs Q1'25)
  • FCF margin FCF growth · Semiconductors: +38.2%
    -1.3% Q1'26: -38.0% (vs Q1'25)
  • EBIT margin Semiconductors: +10.7%
    -0.3% Q1'26: -7.0% (vs Q1'25)
  • ROIC Semiconductors: +6.0%
    -0.3% Q1'26: -4.5% (vs Q1'25)
  • Share dilution Semiconductors: +0.0%
    -0.1% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Semiconductors: -0.75×
    0.67× Q1'26: -6.31× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.12) × ERP
WACC = 96% × Ke + 4% × Kd (4.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 5.37 Current price: 6.40
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2023
actual
Dec 2024
actual
Revenue
1.84B
est: 1.84B (+0.0%)
2.42B
est: 2.42B (+0.0%)
3.47B
est: 3.68B (-5.7%)
4.07B
est: 3.82B (+6.4%)
4.07B
est: 3.80B (+7.0%)
3.26B
est: 3.11B (+4.9%)
3.80B
est.
4.04B
est: 3.76B (+7.5%)
3.58B
est: 4.23B (-15.4%)
3.54B
est: 4.23B (-16.3%)
3.47B
est: 4.95B (-29.9%)
EBITDA
372.94M
est: 253.87M (+46.9%)
435.30M
est: 333.95M (+30.3%)
658.41M
est: 508.43M (+29.5%)
808.47M
est: 527.48M (+53.3%)
788.43M
est: 525.04M (+50.2%)
415.66M
est: 429.63M (-3.3%)
524.97M
est.
615.27M
est: 519.34M (+18.5%)
504.17M
est: 584.52M (-13.7%)
469.72M
est: 584.52M (-19.6%)
409.98M
est: 637.03M (-35.6%)
EBIT
225.95M
est: 67.67M (+233.9%)
258.45M
est: 89.01M (+190.3%)
434.92M
est: 135.52M (+220.9%)
533.41M
est: 140.60M (+279.4%)
486.31M
est: 139.95M (+247.5%)
92.77M
est: 114.52M (-19.0%)
139.93M
est.
270.65M
est: 138.43M (+95.5%)
137.47M
est: 155.80M (-11.8%)
99.67M
est: 155.80M (-36.0%)
66.77M
est: 148.63M (-55.1%)
Net Income
160.24M
est: 167.46M (-4.3%)
192.32M
est: 192.73M (-0.2%)
359.13M
est: 356.78M (+0.7%)
446.54M
est: 500.92M (-10.9%)
407.80M
est: 443.21M (-8.0%)
101.15M
est: 111.32M (-9.1%)
346.32M
est.
234.33M
est: 173.16M (+35.3%)
121.34M
est: 235.00M (-48.4%)
85.64M
est: 235.00M (-63.6%)
51.53M
est: 309.02M (-83.3%)
SGA
229.92M
est: 31.20M (+637.0%)
268.49M
est: 41.04M (+554.2%)
193.81M
est: 62.48M (+210.2%)
202.58M
est: 64.82M (+212.5%)
217.14M
est: 64.52M (+236.5%)
157.22M
est: 52.80M (+197.8%)
64.51M
est.
212.06M
est: 63.82M (+232.3%)
172.59M
est: 71.83M (+140.3%)
182.98M
est: 71.83M (+154.7%)
200.99M
est: 218.88M (-8.2%)
EPS
0.27
est: 0.27 (-0.3%)
0.31
est: 0.31 (-0.5%)
0.58
est: 0.58 (+0.5%)
0.72
est: 0.81 (-11.1%)
0.66
est: 0.72 (-7.9%)
0.16
est: 0.18 (-11.1%)
0.56
est.
0.38
est: 0.28 (+35.7%)
0.20
est: 0.38 (-47.4%)
0.14
est: 0.38 (-63.2%)
0.08
est: 0.50 (-83.3%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-28 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-27 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-26 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-25 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-22 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-21 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-20 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-19 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-18 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-15 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-14 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-13 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-12 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-11 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-08 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-07 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-05-06 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-04-30 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-04-29 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-04-28 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-04-27 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-04-24 C+ 2/5 3/5 1/5 1/5 3/5 1/5 4/5
2026-04-23 C+ 2/5 3/5 1/5 1/5 3/5 1/5 4/5
2026-04-22 C+ 2/5 3/5 1/5 1/5 3/5 1/5 4/5
2026-04-21 C+ 2/5 3/5 1/5 1/5 3/5 1/5 4/5
2026-04-20 C+ 2/5 3/5 1/5 1/5 3/5 1/5 4/5
2026-04-17 C+ 2/5 3/5 1/5 1/5 3/5 1/5 4/5
2026-04-16 C+ 2/5 3/5 1/5 1/5 3/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-424.79M
OE per share TTM
-0.69
Owner's Yield
-8.48%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
63.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 18 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.01% 75.5K 0.65%
2 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.00% 250.2K 0.06%
3 Dimensional - Emerging Markets Value ETF DFEV 0.00% 30.7K 0.46%
4 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 80.9K 0.39%
5 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 46.1K 0.29%
6 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 6.1K 0.48%
7 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 13.7K 0.26%
8 Vanguard FTSE Emerging Markets ETF VWO 0.00% 676.3K 0.06%
9 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 42.0K 0.28%
10 Vanguard Total International Stock ETF VXUS 0.00% 947.5K 0.05%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-2.1K
Shares Outstanding
610.92M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Bin Wei Executive Vice President male
Junzheng Li Vice President & Chief Financial Officer
Weiliang Yuan Secretary male
Zhengdong Liu President & Non-Independent Director and Deputy Secretary of the Party Committee
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits