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Newland Digital Technology Co Ltd
SZSE:000997

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Newland Digital Technology Co Ltd
SZSE:000997
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Price: 20.06 CNY 1.36% Market Closed
Market Cap: ¥20.3B

P/B

2.8
Current
7%
Cheaper
vs 3-y average of 3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.8
=
Market Cap
¥26B
/
Total Equity
¥7.2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.8
=
Market Cap
¥26B
/
Total Equity
¥7.2B

Valuation Scenarios

Newland Digital Technology Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (3), the stock would be worth ¥21.53 (7% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-13%
Maximum Upside
+35%
Average Upside
7%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.8 ¥20.06
0%
3-Year Average 3 ¥21.53
+7%
5-Year Average 2.8 ¥19.51
-3%
Industry Average 3.8 ¥27.06
+35%
Country Average 2.4 ¥17.37
-13%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CN
Newland Digital Technology Co Ltd
SZSE:000997
20.3B CNY 2.8 18.3
US
Ezenia! Inc
OTC:EZEN
567B USD -503 105.6 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
328.8B USD 44.4 201.9
DE
SAP SE
XETRA:SAP
170.3B EUR 3.9 24
US
Salesforce Inc
NYSE:CRM
169.8B USD 2.9 22.8
US
Applovin Corp
NASDAQ:APP
150B USD 70.3 45
US
Intuit Inc
NASDAQ:INTU
109.6B USD 5.7 25.2
US
Adobe Inc
NASDAQ:ADBE
98.9B USD 8.6 13.7
US
Synopsys Inc
NASDAQ:SNPS
92.1B USD 3 83.6
US
NCR Corp
LSE:0K45
92B USD 79.7 2 191
US
Cadence Design Systems Inc
NASDAQ:CDNS
89.7B USD 16.4 80.9
P/E Multiple
Earnings Growth PEG
CN
N
Newland Digital Technology Co Ltd
SZSE:000997
Average P/E: 270.6
18.3
21%
0.9
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
201.9
58%
3.5
DE
SAP SE
XETRA:SAP
24
17%
1.4
US
Salesforce Inc
NYSE:CRM
22.8
31%
0.7
US
Applovin Corp
NASDAQ:APP
45
38%
1.2
US
Intuit Inc
NASDAQ:INTU
25.2
30%
0.8
US
Adobe Inc
NASDAQ:ADBE
13.7
20%
0.7
US
Synopsys Inc
NASDAQ:SNPS
83.6
44%
1.9
US
N
NCR Corp
LSE:0K45
2 191
52%
42.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
80.9
39%
2.1

Market Distribution

In line with most companies in China
Percentile
57th
Based on 7 605 companies
57th percentile
2.8
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Newland Digital Technology Co Ltd
Glance View

Market Cap
20.3B CNY
Industry
Technology

Newland Digital Technology Co., Ltd. began its journey rooted in a commitment to innovation and advancement in the digital space. Founded amidst the tech boom, Newland quickly distinguished itself with its focus on automatic identification and mobile data capture technologies. The company's journey aligns with the swift evolution of global digital ecosystems, creating a niche for itself in the development of cutting-edge products such as barcode readers and POS systems. Through a keen understanding of market demands and an agile approach to development, Newland has positioned itself at the forefront of the industry, leveraging its technology to simplify complex processes across sectors such as retail, logistics, and healthcare. Revenue generation for Newland Digital Technology stems primarily from the manufacture and distribution of its hardware and software solutions that service a wide array of industries. The company's business model thrives on creating products with broad applicability and adaptability, capturing a diverse customer base ranging from small businesses to large enterprises. By continually investing in research and development, Newland not only enhances its existing products but also explores new realms of digital technology, keeping constant the equilibrium of supply and demand. This relentless pursuit of excellence and relevance ensures that Newland not only remains competitive but drives future growth through robust, technology-driven solutions designed to enhance operational efficiencies for businesses worldwide.

Intrinsic Value
29.51 CNY
Undervaluation 32%
Intrinsic Value
Price ¥20.06
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