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NVFY (NVFY)

Nova LifeStyle, Inc. logo

Nova LifeStyle, Inc.

NASDAQ:NVFYConsumer Cyclical
Mkt Cap$86.18M
Float4.44M
O/S-
Inst Own-
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$86.18M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership--
SectorConsumer Cyclical
IndustryFurnishings, Fixtures & Appliances
ExchangeNASDAQ
CountryUSUS
IPO Date-
Shares Outstanding-
Float4.44M
Company Overview

Nova LifeStyle, Inc. operates as a global enterprise specializing in the design, manufacturing, marketing, and sale of furniture. Catering to residential and commercial clients across middle and upper middle-income brackets worldwide, the company offers an extensive product range. This includes upholstered, wood, and metal pieces crafted for various living spaces such as living rooms, dining rooms, bedrooms, and home offices. Specific offerings span core furniture items like sofas, chairs, dining and coffee tables, beds, entertainment consoles, and various storage solutions including cabinets and cupboards. Beyond its primary furniture business, Nova LifeStyle also diversifies its portfolio by providing physiotherapeutic jade mats. These mats are supplied for use in therapeutic clinics, the hospitality sector, and real estate developments.

The company's distribution strategy primarily targets furniture distributors and retailers, employing a multi-channel approach. This encompasses direct sales, robust online marketing and internet sales, and active participation in industry exhibitions and trade shows. A significant portion of its products are sold under the prominent Diamond Sofa brand. Established in 2003, Nova LifeStyle, Inc. was previously known as Stevens Resources, Inc.

Its corporate headquarters are situated in Commerce, California.

Leadership

Min Su

Corporate Secretary and Director

Thanh H. Lam

Chairperson and Director

Independent: 3 of 5 listed

Employees

--

Country

US

Sector

Consumer Cyclical

Website

novalifestyle.com

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trades
InsiderTypeShares
Su Min profile photoSu MinGrant/Award6.0K
Shareholders
--
Institutional
(62)
--
Insiderⓘ
(1)
--
5%+ Owners
(7)
--
Unattributed (incl. retail)ⓘ
Top Shareholders
NameShares%
BlackRock, Inc. logo
BlackRock, Inc.
4.4M--
VANGUARD CAPITAL MANAGEMENT LLC logo
VANGUARD CAPITAL MANAGEMENT LLC
2.5M--
GEODE CAPITAL MANAGEMENT, LLC logo
GEODE CAPITAL MANAGEMENT, LLC
1.5M--
STATE STREET CORP logo
STATE STREET CORP
954.3K--
Huge Energy International Limited logo
Huge Energy International Limited
· may incl. warrants· filed Jan 2025
700.0K9.6%
NORTHERN TRUST CORP logo
NORTHERN TRUST CORP
494.0K--
VT Conceptone Sdn Bhd logo
VT Conceptone Sdn Bhd
· may incl. warrants· stale · filed Aug 2024
460.0K14.9%
VANGUARD FIDUCIARY TRUST CO logo
VANGUARD FIDUCIARY TRUST CO
443.5K--
VANGUARD PORTFOLIO MANAGEMENT LLC logo
VANGUARD PORTFOLIO MANAGEMENT LLC
422.8K--
Hong Sheng Ventures Sdn Bhd. logo
Hong Sheng Ventures Sdn Bhd.
· may incl. warrants· stale · filed Aug 2024
400.0K13.0%
Sources: 13F, Form 4, 13D/13G
Insiders & Institutional Holders
52-Week Range
Volume
Average Daily Volume--

30d Avg

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60d Avg

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90d Avg

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Earnings
Dividend History
No dividend history available
Compliance Status
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