Next Technology Holding (NXTT) AI Stock Analysis

• Market Cap: $115.13M
• Dividend Yield: N/A
• Average Volume (3M): 1.02M
• Price to Earnings (P/E): <0.1
• Beta (1Y): 1.53
• Revenue Growth: -78.83%
• EPS Growth: N/A
• Country: US
• Employees: 8
• Sector: Technology
• Sector Strength: 39
• Industry: Software - Application
• EPS (TTM): 7.73
• Shares Outstanding: 436,265,140
• 10 Day Avg. Volume: 117,378
• 30 Day Avg. Volume: 1,018,720
• PEG Ratio: 0.00003
• Price to Book (P/B): N/A
• Price to Sales (P/S): 6.54
• Price to Cash Flow (P/CF): -7.80
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Next Technology Holding's stock score is significantly impacted by operational challenges, including declining revenue and negative operating margins, which raise sustainability concerns. The technical analysis indicates weak momentum, with the stock trading below key moving averages. Despite an extremely low P/E ratio suggesting undervaluation, the lack of consistent cash flow from operations and absence of dividend yield limit attractiveness. Investors should approach with caution due to the potential risks reflected in the financial performance.

Next Technology Holding Business Overview & Revenue Model

Company Description

Next Technology Holding (NXTT) is a diversified technology company that operates in various sectors, including software development, digital infrastructure, and advanced electronics. The company specializes in developing innovative solutions that cater to both enterprise and consumer markets, with a focus on enhancing digital transformation and connectivity. NXTT's core products and services include cloud computing platforms, cybersecurity solutions, and Internet of Things (IoT) devices, aimed at optimizing business operations and improving everyday life for its customers.

How the Company Makes Money

Next Technology Holding (NXTT) generates revenue through multiple streams. Its primary income source is the sale of software licenses and subscriptions for its cloud computing and cybersecurity solutions to businesses across different industries. The company also earns significant revenue from offering managed services and consulting to help organizations integrate and optimize these technologies. Additionally, NXTT sells IoT devices, which contribute to its consumer market earnings. Strategic partnerships with telecommunications companies and enterprise clients further enhance NXTT's market reach and revenue potential by facilitating bundled service offerings and co-developed technology solutions.

Next Technology Holding Financial Statement Overview

Summary

Next Technology Holding faces significant operational challenges with declining revenue and negative operating margins, indicating potential long-term sustainability issues. Despite a strong balance sheet with zero debt and substantial equity, the company's cash flow from operations raises concerns about its ability to generate consistent cash flow. Strategic adjustments may be necessary to stabilize revenue and improve operational efficiency.

Income Statement

Next Technology Holding has demonstrated significant volatility in its income statement. The TTM gross profit margin is extremely low at 20.01%, and net profit margin is unusually high due to an accounting anomaly or one-time gain, given the net income of $28,995,919 on a revenue of $999,472. Revenue has drastically decreased in the TTM compared to the previous annual period, indicating severe revenue volatility and a declining trend. Furthermore, negative EBIT and EBITDA margins suggest operational inefficiencies and potential profitability challenges.

Balance Sheet

The balance sheet of Next Technology Holding reflects a strong equity position with a high equity ratio of 93.24% in the TTM, indicating financial stability. The debt-to-equity ratio is favorable at 0, showcasing zero financial leverage, reducing risk from debt obligations. However, the return on equity is skewed by the unusual net income figure, making it an unreliable indicator of performance under normal circumstances.

Cash Flow

The cash flow statement exhibits mixed results. While the company achieved positive free cash flow growth in the TTM, the operating cash flow is negative, suggesting issues in generating cash from operations. The positive free cash flow is likely driven by capital expenditure adjustments. Overall, the cash flow position is precarious, with heavy reliance on non-operational sources for liquidity.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
999.47K	2.63M	11.67M	14.38M	6.27M	0.00
	Gross Profit
199.98K	1.44M	1.98M	11.70M	5.66M	0.00
	EBIT
-2.99M	-2.04M	-9.87M	5.99M	3.75M	-417.41K
	EBITDA
-2.32M	-1.78M	-6.79M	6.03M	3.77M	0.00
	Net Income Common Stockholders
29.00M	-9.92M	-9.15M	5.18M	2.68M	-417.41K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.59M	668.39K	20.03M	616.59K	4.64M	6.59M
	Total Assets
6.59M	49.06M	46.23M	19.47M	13.54M	6.59M
	Total Debt
1.50M	0.00	0.00	2.54M	3.18M	1.50M
	Net Debt
-5.09M	-668.39K	-20.03M	1.92M	-1.46M	-5.09M
	Total Liabilities
1.79M	4.35M	4.51M	4.94M	4.65M	1.79M
	Stockholders Equity
4.80M	44.71M	41.72M	14.53M	8.89M	4.80M
Cash Flow		Free Cash Flow
23.51M	19.90M	-18.30M	-4.17M	1.16M	-130.89K
	Operating Cash Flow
-733.80K	19.90M	-17.61M	-3.75M	1.16M	-130.89K
	Investing Cash Flow
-245.60K	-32.62M	493.95K	-1.03M	0.00	0.00
	Financing Cash Flow
260.58K	13.06M	39.93M	689.03K	-3.68M	6.72M

Next Technology Holding Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.29
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NXTT, the sentiment is Negative. The current price of 0.29 is below the 20-day moving average (MA) of 0.33, below the 50-day MA of 0.85, and below the 200-day MA of 1.88, indicating a bearish trend. The MACD of -0.19 indicates Negative momentum. The RSI at 27.65 is Positive, neither overbought nor oversold. The STOCH value of 27.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NXTT.

Next Technology Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
QCOM	76 Outperform	$169.27B	16.36	41.96%	2.44%	12.13%	36.17%
MU	75 Outperform	$83.08B	17.87	10.10%	0.62%	71.05%	―
NVDA	75 Outperform	$2.48T	34.65	119.18%	0.04%	114.20%	146.26%
AMD	72 Outperform	$166.55B	102.63	2.89%	―	13.69%	91.75%
Sector *	57 Neutral	$20.94B	10.43	-13.41%	2.52%	4.53%	-23.34%
INTC	52 Neutral	$97.81B	―	-18.31%	2.23%	-2.08%	-1212.72%
NXTT	41 Neutral	$115.13M	0.03	34.10%	―	-78.83%	―

Next Technology Holding Corporate Events

Next Technology Holding Appoints New CFO

Next Technology Holding Inc. has appointed Ms. Eve Chan as the new Chief Financial Officer, effective October 21, 2024, following the resignation of Mr. Ken Tsang. Ms. Chan brings over 15 years of diverse financial expertise, having worked in various industries across multiple countries, including BTC mining and property development. Her extensive experience in corporate restructuring and compliance positions her as a valuable asset to the company’s financial leadership.