Nisun International Enterprise Development Group Co., Ltd. (NASDAQ: NISN) offers integrated supply chain solutions to transform the corporate finance industry. Nisun provides supply chain solutions to Chinese and foreign enterprises and financial institutions via its subsidiaries. We provide technology supply chain management, technology asset routing, and digital transformation of tech and finance establishments as part of our professional supply chain solutions. Nisun is committed to ensuring that the industry grows and strengthens through industry and financial integration by developing/creating an ecosystem of openness and empowerment. It has built a platform that connects supply chain, banking, securities, trust, insurance, funds, and state-owned companies. It also assists in supply-side subsector reform on the supply side as well as assisting on the downstream of the industrial supply chain.
Nisun (NASDAQ: NISN) Stock Price
Nisun (NASDAQ: NISN) is one of the growth stocks to buy. The Stock Market Today data at December 13th, 2022 is:
- Company’s Share Price: $0.62
- Price to Earnings Ratio (P/E): 0.44
- SMA20: +14.95%
- SMA50: +14.69%
- Dividend Yield: – %
- Sales Q/Q (Quarterly revenue growth): +272% – Sales Growth in same period.
- Market Cap: 20.10M
- Positive free cash flow:
- Long term investors:
- Company announced third quarter earnings report:
The SMA50 its a good technical analysis tool to show the trend market, and for this share the signal is a growth stock.
| Index | – | P/E | 0.44 | EPS (ttm) | 1.40 | Insider Own | 29.63% |
| Market Cap | 20.10M | Forward P/E | – | EPS next Y | – | Insider Trans | 0.00% |
| Income | 30.40M | PEG | – | EPS next Q | – | Inst Own | 11.50% |
| Sales | 160.20M | P/S | 0.13 | EPS this Y | 165.80% | Inst Trans | -10.88% |
| Book/sh | 8.04 | P/B | 0.08 | EPS next Y | – | ROA | 18.70% |
| Cash/sh | 4.07 | P/C | 0.15 | EPS next 5Y | – | ROE | 30.00% |
| Dividend | – | P/FCF | 0.85 | EPS past 5Y | 23.40% | ROI | 15.40% |
| Dividend % | – | Quick Ratio | 2.50 | Sales past 5Y | 42.70% | Gross Margin | 33.70% |
| Employees | 178 | Current Ratio | 2.60 | Sales Q/Q | 272.00% | Oper. Margin | 23.80% |
| Optionable | No | Debt/Eq | 0.00 | EPS Q/Q | 814.40% | Profit Margin | 19.00% |
| Shortable | Yes | LT Debt/Eq | 0.00 | Earnings | – | Payout | 0.00% |
| Recom | – | SMA20 | 14.95% | SMA50 | 14.69% | SMA200 | -14.60% |
Nisun International Enterprise Development (Nasdaq: NISN) announced on November 10, 2022 that its wholly owned subsidiary, NiSun Ocean (Qingdao) Supply Chain Investment Co., Ltd, and a controlled affiliate, Fanlunke Supply Chain Management (Shanghai) Co., Ltd, signed supply chain framework agreements with Shanghai Hanyan Communication Technology Co., Ltd. (“SHCT”), a company engaged in the distribution of computer, communications, and consumer electronics (“3C”) items, and a related purchase and sale framework agreement with China Post and Telecommunications Equipment East China Co., Ltd. (“CPTE”), a state-owned enterprise. The agreements signify a major push in the supply chain business strategy to expand its presence and investigate growth opportunities in the 3C goods market.
The 3C products industry has demonstrated enormous development potential in China. According to Statista, the Chinese personal computer industry is expected to generate US$38.13 billion in 2022 revenue. The telecommunications sector generated RMB127.9 billion (US$17.6 billion) in August 2022. The consumer electronics sector produced US$251.4 billion in 2022 revenue.
Nisun signed these contracts as part of its supply chain trading operations to purchase 3C products from SHCT based on CPTE’s orders and have them delivered to the desired locations or customers. The Company anticipates the volume under these agreements to reach RMB$200 million (US$27.3 million) through 2023.
Nisun Chairman and CEO Xiaoyun Huang commented, ‘We are thrilled to work with SHCT and CPTE. SHCT has gained permission from multiple leading 3C companies such as Apple, Huawei, and Xiaomi to sell their products. As a state-owned enterprise, CPTE has a big impact on the Shanghai economy. By using SHCT’s and CPTE’s strengths and resources, we will be able to enhance our supply chain functionality as we expand our 3C goods business. We think that this collaboration will enhance our supply chain ecosystem and benefit our shareholders in the long run.
