Analyzing Next Technology (NXTT) and The Competition

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

Profitability

This table compares Next Technology and its peers’ 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	-224.77%	-66.63%	-6.25%

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Next Technology and its peers, 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	2011	10609	20901	583	2.59

As a group, “INTERNET SOFTWARE” companies have a potential upside of 32.73%. Given Next Technology’s peers stronger consensus rating and higher possible upside, analysts plainly believe Next Technology has less favorable growth aspects than its peers.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Next Technology	$3.59 million	$21.55 million	0.15
Next Technology Competitors	$2.16 billion	$336.98 million	-28.83

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

Risk and Volatility

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 peers have a beta of 1.45, meaning that their average share price is 45% more volatile than the S&P 500.

Insider and Institutional Ownership

2.7% of Next Technology shares are owned by institutional investors. Comparatively, 60.6% of shares of all “INTERNET SOFTWARE” companies are owned by institutional investors. 37.5% of Next Technology shares are owned by company insiders. Comparatively, 17.7% of shares of all “INTERNET SOFTWARE” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

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

Next Technology Company Profile

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.