Next Technology (NXTT) versus Its Peers Financial Survey

Next Technology (NASDAQ:NXTT) is one of 252 publicly-traded companies in the “INTERNET SOFTWARE” industry, but how does it weigh in compared to its competitors? We will compare Next Technology to related businesses based on the strength of its institutional ownership, analyst recommendations, profitability, dividends, earnings, valuation and risk.

Volatility & Risk

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

Insider & Institutional Ownership

2.7% of Next Technology shares are owned by institutional investors. Comparatively, 60.4% of shares of all “INTERNET SOFTWARE” companies are owned by institutional investors. 37.5% of Next Technology shares are owned by company insiders. Comparatively, 17.3% of shares of all “INTERNET SOFTWARE” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of recent recommendations for Next Technology and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Next Technology	1	0	0	0	1.00
Next Technology Competitors	1855	10345	20560	563	2.60

As a group, “INTERNET SOFTWARE” companies have a potential upside of 25.78%. Given Next Technology’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Next Technology has less favorable growth aspects than its competitors.

Profitability

This table compares Next Technology and its competitors’ 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	-179.31%	-65.19%	-6.75%

Valuation & Earnings

This table compares Next Technology and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Next Technology	$1.80 million	$21.55 million	0.36
Next Technology Competitors	$2.30 billion	$337.41 million	-14.53

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

Summary

Next Technology competitors 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.