Next Technology (NASDAQ:NXTT – Get Free Report) is one of 252 publicly-traded companies in the “INTERNET SOFTWARE” industry, but how does it compare to its competitors? We will compare Next Technology to related companies based on the strength of its earnings, institutional ownership, risk, analyst recommendations, valuation, dividends and profitability.
Institutional & Insider 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 large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Analyst Ratings
This is a summary of current ratings and price targets 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 | 1848 | 10293 | 20491 | 560 | 2.60 |
Risk & 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 competitors have a beta of 1.41, meaning that their average share price is 41% more volatile than the S&P 500.
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 | -179.46% | -65.51% | -6.86% |
Earnings & Valuation
This table compares Next Technology and its competitors top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Next Technology | $1.80 million | $21.55 million | 0.37 |
| Next Technology Competitors | $2.35 billion | $337.41 million | -14.28 |
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.
Receive News & Ratings for Next Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Next Technology and related companies with MarketBeat.com's FREE daily email newsletter.
