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OST
Upturn stock ratingUpturn stock rating

Ostin Technology Group Co Ltd (OST)

Upturn stock ratingUpturn stock rating
$1.79
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/26/2025: OST (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -73.29%
Avg. Invested days 26
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/26/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 3.37M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 31614
Beta 0.78
52 Weeks Range 1.60 - 5.78
Updated Date 03/27/2025
52 Weeks Range 1.60 - 5.78
Updated Date 03/27/2025
Dividends yield (FY) -
Basic EPS (TTM) -6.36

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -30.99%
Operating Margin (TTM) -32.92%

Management Effectiveness

Return on Assets (TTM) -11.19%
Return on Equity (TTM) -92.74%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 30220456
Price to Sales(TTM) 0.1
Enterprise Value 30220456
Price to Sales(TTM) 0.1
Enterprise Value to Revenue 0.93
Enterprise Value to EBITDA -5.11
Shares Outstanding 1881620
Shares Floating 1314520
Shares Outstanding 1881620
Shares Floating 1314520
Percent Insiders 0.21
Percent Institutions 0.02

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Ostin Technology Group Co Ltd

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Company Overview

History and Background

Ostin Technology Group Co Ltd., formerly known as Grid Petroleum Corp, was incorporated in Nevada in 2008. The company focuses on the design, development, and manufacturing of micro-LED displays and related products, evolving from its initial involvement in the energy sector.

Core Business Areas

  • Micro-LED Displays: Design, development, and manufacturing of micro-LED displays for various applications, including augmented reality (AR), virtual reality (VR), and wearable devices.
  • Wafer Production: Fabrication of wafers essential for producing micro-LEDs.

Leadership and Structure

Dr. Kevin Guttman serves as the CEO. The company has a board of directors overseeing strategic direction and management teams responsible for different operational areas like R&D, manufacturing, and sales.

Top Products and Market Share

Key Offerings

  • Micro-LED Displays for AR/VR: High-resolution micro-LED displays designed for AR/VR headsets and glasses. While specific market share data for Ostin in this segment is limited, the AR/VR display market is highly competitive, with key players like Samsung, Sony, and eMagin dominating. Revenue data is unavailable.
  • Micro-LED Displays for Wearables: Low-power micro-LED displays for smartwatches and other wearable devices. Same as above, market share data for Ostin is unavailable. Competitors include Samsung, Apple, and BOE.
  • Epiwafer: Epitaxial wafers (Epiwafer) for LED manufacturing. Ostin Technology provides epitaxy products. This is a competitive market with players like IQE and VEECO. Revenue data is unavailable.

Market Dynamics

Industry Overview

The micro-LED display market is experiencing rapid growth driven by demand for higher resolution, improved brightness, and lower power consumption in AR/VR, wearables, and automotive displays. However, the high cost of manufacturing and technological challenges are barriers to widespread adoption.

Positioning

Ostin is positioned as a player in the micro-LED display market, targeting applications where high performance and energy efficiency are critical. Their competitive advantage is potentially their proprietary technology and focus on specific niche markets within micro-LEDs.

Total Addressable Market (TAM)

The micro-LED display market is expected to reach over $20 billion by 2027. Ostin is positioned to capture a portion of this market with its micro-LED display offerings, though it currently is a minor player.

Upturn SWOT Analysis

Strengths

  • Proprietary micro-LED technology
  • Focus on niche applications within micro-LED market
  • Potential for high-performance displays
  • Low energy consumption
  • Scalable

Weaknesses

  • Limited brand recognition
  • Small market share
  • High manufacturing costs
  • Limited financial resources compared to larger competitors
  • Dependence on key contracts for revenue

Opportunities

  • Growing demand for micro-LED displays in AR/VR and wearables
  • Partnerships with established technology companies
  • Expansion into new applications such as automotive displays
  • Technological advancements to reduce manufacturing costs
  • Government grants and incentives for micro-LED development

Threats

  • Competition from established display manufacturers (Samsung, Sony, LG)
  • Rapid technological advancements in alternative display technologies (OLED, Mini-LED)
  • Economic downturn impacting consumer spending on AR/VR and wearables
  • Supply chain disruptions
  • Geopolitical Risk

Competitors and Market Share

Key Competitors

  • Samsung (SSNLF)
  • Sony (SNE)
  • LG Display (LPL)
  • eMagin (EMAN)
  • BOE (BOE)

Competitive Landscape

Ostin faces significant competition from larger, more established display manufacturers with greater resources and brand recognition. Their ability to compete depends on their technological innovation, strategic partnerships, and successful market penetration.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth is difficult to assess without available financial data. Information from the last two years is required to do the analysis.

Future Projections: Future growth projections are not available due to limited analyst coverage and financial data.

Recent Initiatives: Recent initiatives include focusing on micro-LED display development and forming partnerships to expand market reach.

Summary

Ostin Technology Group is a small player in the micro-LED display market facing stiff competition from industry giants. Its focus on niche applications and proprietary technology could provide a competitive edge, but limited financial resources and brand recognition pose significant challenges. Financial transparency and market traction are crucial for future success. The company is likely high risk given its size in comparison to its competitors and requires a large influx of capital to compete at a similar level.

Similar Companies

  • SSNLF
  • SNE
  • LPL
  • EMAN

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings (limited data)
  • Market Research Reports
  • Financial News Articles

Disclaimers:

The data provided is based on limited publicly available information and may not be entirely accurate. This analysis is for informational purposes only and should not be considered financial advice. Consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Ostin Technology Group Co Ltd

Exchange NASDAQ
Headquaters -
IPO Launch date 2022-04-27
Co-CEO & Chairman Mr. Tao Ling
Sector Technology
Industry Electronic Components
Full time employees 117
Full time employees 117

Ostin Technology Group Co., Ltd., through its subsidiaries, designs, develops, and manufactures thin-film transistor liquid crystal display (TFT-LCD) modules and polarizers in Mainland China, Hong Kong, Taiwan, and internationally. The company offers display modules to markets, such as consumer electronics, including all-in-one computers, monitors, laptop computers, and tablets; automotive displays, including dashboard, and navigation and multimedia systems; and commercial LCD displays, which are used to display multimedia graphics, such as company advertisements, promotions, scoreboards, and traffic signs in the medical treatment, education, business, outdoor, and cultural construction industries. It also provides all-in-one intelligent conference system and Pintura wireless photo transmission systems. The company sells its products directly to customers, such as display panel manufacturers; and to customers' designated system integrators through e-commerce platforms, new media business, and offline stores. Ostin Technology Group Co., Ltd. was founded in 2010 and is headquartered in Nanjing, China.

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