Financial Contrast: Next Technology (NXTT) and Its Rivals

Next Technology (NASDAQ:NXTT) is one of 253 public companies in the “INTERNET SOFTWARE” industry, but how does it weigh in compared to its rivals? We will compare Next Technology to related companies based on the strength of its earnings, dividends, institutional ownership, valuation, profitability, risk and analyst recommendations.

Risk and Volatility

Next Technology has a beta of 7.06, suggesting that its stock price is 606% more volatile than the S&P 500. Comparatively, Next Technology’s rivals have a beta of 1.45, suggesting that their average stock price is 45% more volatile than the S&P 500.

Profitability

This table compares Next Technology and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Next Technology	N/A	26.93%	23.05%
Next Technology Competitors	-224.57%	-66.58%	-6.24%

Earnings and Valuation

This table compares Next Technology and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Next Technology	$1.80 million	$21.55 million	0.18
Next Technology Competitors	$2.17 billion	$336.98 million	-27.94

Next Technology’s rivals have higher revenue and earnings than Next Technology. Next Technology is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a summary of recent ratings for Next Technology and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Next Technology	1	0	0	0	1.00
Next Technology Competitors	2038	10654	20938	584	2.59

As a group, “INTERNET SOFTWARE” companies have a potential upside of 31.96%. Given Next Technology’s rivals stronger consensus rating and higher probable upside, analysts plainly believe Next Technology has less favorable growth aspects than its rivals.

Insider & Institutional Ownership

2.7% of Next Technology shares are held by institutional investors. Comparatively, 60.4% of shares of all “INTERNET SOFTWARE” companies are held by institutional investors. 37.5% of Next Technology shares are held by insiders. Comparatively, 17.2% of shares of all “INTERNET SOFTWARE” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Next Technology rivals beat Next Technology on 7 of the 13 factors compared.

About Next Technology

Next Technology Holding Inc. provides technical services and solutions through its social e-commerce platform primarily in Mainland China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems. The company’s YCloud system also provides micro-business owners with various payment methods, such as Alipay, WeChat, and UnionPay. In addition, it offers chatGPT technical services; and technical system support, software development, and services. The company serves individual and corporate users in the micro business industry. It also has operations in Hong Kong and Singapore. The company was formerly known as WeTrade Group, Inc. and changed its name to Next Technology Holding Inc in April 2024. Next Technology Holding Inc. was incorporated in 2019 and is headquartered in Beijing, the People Republic of China.