Nova LifeStyle (NVFY) Stock Analysis

What Nova LifeStyle does

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.

Key metrics

ETFs linked to NVFY

Broad-market and Consumer Cyclical sector ETFs an investor holding Nova LifeStyle is often also exposed to. Open an ETF page to see its actual top holdings.

PortView Portfolio Insights

PortView analyzes how NVFY fits your actual portfolio — position weight, portfolio concentration, unrealized gain/loss, contribution to return, sector exposure, indirect exposure through the ETFs you hold, and correlation with your other holdings. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Frequently asked questions

What is the ticker symbol for Nova LifeStyle?

Nova LifeStyle trades under the ticker NVFY on NASDAQ.

Which exchange is NVFY listed on?

NVFY is listed on NASDAQ.

What sector does Nova LifeStyle operate in?

Nova LifeStyle is classified in the Consumer Cyclical sector (Furnishings, Fixtures & Appliances industry).

How can PortView help analyze NVFY in a portfolio?

PortView shows NVFY's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.