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Next Technology Holding Inc.(NXTT)Earnings, Financials & Key Ratios
NXTT•NASDAQ
$1.52
$13569 mkt cap·0.0× P/E·Price updated May 7, 2026
AboutNext 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.Show more
- Revenue$12M+545.3%
- EBITDA-$80M-477159.6%
- Net Income$143M+564.4%
- EPS (Diluted)6177.03+728.0%
- Gross Margin15.12%-74.6%
- EBITDA Margin-690.49%-73859.8%
- Operating Margin-690.49%-73859.8%
- Net Margin1232.61%+3.0%
- ROE53.3%+56.2%
- ROIC-22.54%-112599.0%
- Debt/Equity0.00-52.0%
NXTT Key Insights
Next Technology Holding Inc. (NXTT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Excellent 3Y average ROE of 21.5%
- ✓Strong 5Y profit CAGR of 121.7%
- ✓Strong 5Y sales CAGR of 13.1%
- ✓Share count reduced 19.7% through buybacks
- ✓Healthy 5Y average net margin of 517.2%
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 1 (bottom 1%)
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NXTT Price & Volume
Next Technology Holding Inc. (NXTT) stock price & volume — 10-year historical chart
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NXTT Growth Metrics
Next Technology Holding Inc. (NXTT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years13.12%
3 Years-
TTM571.11%
Profit CAGR
10 Years-
5 Years121.67%
3 Years-
TTM-179.88%
EPS CAGR
10 Years-
5 Years80.1%
3 Years-
TTM-315.13%
Return on Capital
10 Years4.04%
5 Years-1.89%
3 Years-9.73%
Last Year-26.29%
NXTT Peer Comparison
Next Technology Holding Inc. (NXTT) competitors in Marketing automation and ad technology — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AIXI | 7.64M | 0.72 | -0.45 | 18.84% | -45.89% | |||
 BTBT | 589.49M | 1.83 | 9.15 | 264.59% | 21.41% | 0.03 | ||
 CLPS | 25.36M | 0.91 | -3.48 | 15.17% | -1.27% | -6.06% | 0.59 | |
 RCON | 16.8M | 0.84 | -1.22 | -3.73% | -64.25% | -9.15% | 0.08 | |
 EDTK | 15.93M | 1.00 | -5.26 | -55.29% | -416.15% | -133.28% | 0.05 | |
 GOTU | 759.78M | 1.97 | -4.86 | 55.99% | -6.4% | -21.76% | 0.25 | |
 DAO | 375.37M | 12.00 | 3.56% | 1.82% | ||||
 FEDU | 2.23M | 10.49 | 18.79 | 100.15% | 0.32% | 0.16% | 0.19 |
Compare NXTT vs Peers
Next Technology Holding Inc. (NXTT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NXTT Income Statement
Next Technology Holding Inc. (NXTT) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 6.27M | 14.38M | 0 | 2.5M | 1.8M | 11.61M | 12.08M |
| Revenue Growth % | - | - | 129.31% | -100% | - | -28% | 545.27% | 571.11% |
| Cost of Goods Sold | 0 | 615.6K | 2.68M | 0 | 1.07M | 730K | 9.86M | 10.25M |
| COGS % of Revenue | - | 9.82% | 18.65% | - | 42.83% | 40.56% | 84.88% | - |
| Gross Profit | 0▲ 0% | 5.66M▲ 0% | 11.7M▲ 106.8% | 0▼ 100.0% | 1.43M▲ 0% | 1.07M▼ 25.1% | 1.76M▲ 64.2% | 1.83M▲ 0% |
| Gross Margin % | - | 90.18% | 81.35% | - | 57.17% | 59.44% | 15.12% | 15.19% |
| Gross Profit Growth % | - | - | 106.85% | -100% | - | -25.13% | 64.17% | - |
| Operating Expenses | 417.41K | 1.9M | 5.71M | 6.79M | 2.67M | 1.09M | 81.96M | 88.22M |
| OpEx % of Revenue | - | 30.32% | 39.67% | - | 106.65% | 60.38% | 705.61% | - |
| Selling, General & Admin | 417.41K | 1.9M | 5.71M | 6.79M | 2.67M | 1.09M | 67.47M | 71.61M |
| SG&A % of Revenue | - | 30.32% | 39.67% | - | 106.65% | 60.38% | 580.92% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 14.48M | 2.12M |
| R&D % of Revenue | - | - | - | - | - | - | 124.69% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K |
| Operating Income | -417.41K▲ 0% | 3.75M▲ 999.5% | 5.99M▲ 59.7% | -6.79M▼ 213.3% | -1.24M▲ 81.8% | -16.8K▲ 98.6% | -80.2M▼ 477159.6% | -86.38M▲ 0% |
| Operating Margin % | - | 59.87% | 41.68% | - | -49.48% | -0.93% | -690.49% | -715.1% |
| Operating Income Growth % | - | 999.51% | 59.65% | -213.34% | 81.79% | 98.64% | -477159.56% | - |
| EBITDA | 139.13K | 3.77M | 6.03M | -6.79M | -1.24M | -16.8K | -80.2M | -86.38M |
| EBITDA Margin % | - | 60.05% | 41.93% | - | -49.48% | -0.93% | -690.49% | -715.1% |
| EBITDA Growth % | - | 2607% | 60.11% | -212.66% | 81.79% | 98.64% | -477159.56% | -63177.53% |
| D&A (Non-Cash Add-back) | 556.54K | 11.7K | 35.87K | 0 | 0 | 0 | 0 | 0 |
| EBIT | -556.54K | 3.75M | 5.99M | -6.79M | -1.24M | -16.8K | -80.2M | -86.38M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 3 | 82.96K | 303.67K | 0 | 4.39M | 29.79M | 279.75M | -92.07M |
| Pretax Income | -417.41K▲ 0% | 3.84M▲ 1019.4% | 6.3M▲ 64.1% | -6.79M▼ 207.9% | 3.15M▲ 146.4% | 29.78M▲ 845.1% | 199.55M▲ 570.1% | -178.46M▲ 0% |
| Pretax Margin % | - | 61.19% | 43.79% | - | 126.04% | 1654.32% | 1718.06% | -1477.31% |
| Income Tax | 0 | 1.16M | 1.12M | 0 | 130.41K | 8.23M | 56.38M | -22.33M |
| Effective Tax Rate % | 0% | 30.29% | 17.82% | 0% | 4.14% | 27.65% | 28.26% | 12.51% |
| Net Income | -417.41K▲ 0% | 2.68M▲ 740.9% | 5.18M▲ 93.5% | -9.16M▼ 277.0% | -9.93M▼ 8.4% | 21.55M▲ 317.1% | 143.16M▲ 564.4% | -156.13M▲ 0% |
| Net Margin % | - | 42.65% | 35.99% | - | -397.02% | 1197.2% | 1232.61% | -1292.44% |
| Net Income Growth % | - | 740.87% | 93.48% | -276.97% | -8.36% | 317.11% | 564.35% | -179.88% |
| Net Income (Continuing) | -417.41K | 2.68M | 5.18M | -6.79M | 3.02M | 21.54M | 143.16M | -156.13M |
| Discontinued Operations | 0 | 0 | 0 | -2.37M | -12.95M | 6.3K | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -51.44▲ 0% | 326.00▲ 733.7% | 626.00▲ 92.0% | -1517.97▼ 342.5% | -756.16▲ 50.2% | 746.00▲ 198.7% | 6177.03▲ 728.0% | -17487.50▲ 0% |
| EPS Growth % | - | 733.75% | 92.02% | -342.49% | 50.19% | 198.66% | 728.02% | -315.13% |
| EPS (Basic) | -51.44 | 326.00 | 626.00 | -1517.97 | -1287.68 | 746.00 | 61.77 | - |
| Diluted Shares Outstanding | 8.11K | 8.22K | 8.26K | 6.03K | 13.13K | 28.88K | 23.18K | 8.93K |
| Basic Shares Outstanding | 8.11K | 8.22K | 8.26K | 6.03K | 7.71K | 28.88K | 2.32M | 8.93M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
NXTT Balance Sheet
Next Technology Holding Inc. (NXTT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 6.59M | 10.42M | 16.44M | 46.52M | 49.06M | 92.92M | 524.13M | 551.22M |
| Cash & Short-Term Investments | 6.59M | 4.64M | 616.59K | 22.93K | 668.39K | 668.39K | 5.62M | 159.72M |
| Cash Only | 6.59M | 4.64M | 616.59K | 22.93K | 668.39K | 668.39K | 5.62M | 159.72M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 2.61M | 13.06M | 5.81M | 1.13M | 1.8M | 354.77K | 370K |
| Days Sales Outstanding | - | 151.87 | 331.44 | - | 165.44 | 365 | 11.15 | 10.08 |
| Inventory | 0 | 3.32K | 19.3K | 50.84K | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | 1.97 | 2.63 | - | - | - | - | - |
| Other Current Assets | 0 | 3.1M | -38.6K | 40.59M | 35.14M | 78.32M | 516.15M | 389.64M |
| Total Non-Current Assets | 0 | 3.13M | 3.03M | 0 | 69.33K | 0 | 0 | 0 |
| Property, Plant & Equipment | 0 | 3.08M | 3M | 1.82M | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | - | 2.04x | 4.80x | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 49.03K | 37.77K | 23.19K | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 240.2K | 69.33K | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | -2.08M | 0 | 0 | 0 | 0 |
| Total Assets | 6.59M▲ 0% | 13.54M▲ 105.5% | 19.47M▲ 43.8% | 46.52M▲ 138.9% | 48.93M▲ 5.2% | 92.92M▲ 89.9% | 524.13M▲ 464.1% | 551.22M▲ 0% |
| Asset Turnover | - | 0.46x | 0.74x | - | 0.05x | 0.02x | 0.02x | 0.02x |
| Asset Growth % | - | 105.47% | 43.77% | 138.94% | 5.18% | 89.89% | 464.09% | 1944.83% |
| Total Current Liabilities | 1.79M | 2.18M | 3M | 4.82M | 4.22M | 3.05M | 3.94M | 3.05M |
| Accounts Payable | 0 | 8.18K | 62.15K | 0 | 926.46K | 730K | 751.32K | 1.54M |
| Days Payables Outstanding | - | 4.85 | 8.46 | - | 315.78 | 365 | 27.82 | 20.44 |
| Short-Term Debt | 1.5M | 140K | 0 | 0 | 0 | 760.35K | 2.04M | 575.64K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.37M |
| Other Current Liabilities | 254.51K | 1.2M | 0 | 3.25M | 761.69K | 0 | 0 | 764.49K |
| Current Ratio | 3.69x | 4.78x | 5.48x | 9.66x | 11.62x | 30.43x | 133.17x | 133.17x |
| Quick Ratio | 3.69x | 4.78x | 5.47x | 9.65x | 11.62x | 30.43x | 133.17x | 133.17x |
| Cash Conversion Cycle | - | 148.99 | 325.61 | - | - | - | - | -10.36 |
| Total Non-Current Liabilities | 0 | 2.47M | 1.94M | 0 | 0 | 8.23M | 64.62M | 37.32M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 2.47M | 1.94M | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 8.23M | 64.62M | 291.59M |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.79M | 4.65M | 4.94M | 4.82M | 4.22M | 11.29M | 68.55M | 40.37M |
| Total Debt | 1.5M | 3.18M | 2.54M | 0 | 0 | 760.35K | 2.04M | 575.64K |
| Net Debt | -5.09M | -1.46M | 1.92M | -22.93K | -668.39K | 91.97K | -3.59M | -159.14M |
| Debt / Equity | 0.31x | 0.36x | 0.17x | - | - | 0.01x | 0.00x | 0.00x |
| Debt / EBITDA | 10.78x | 0.84x | 0.42x | - | - | - | - | -0.01x |
| Net Debt / EBITDA | -36.59x | -0.39x | 0.32x | - | - | - | - | 1.84x |
| Interest Coverage | - | - | - | - | - | - | - | - |
| Total Equity | 4.8M▲ 0% | 8.89M▲ 85.1% | 14.53M▲ 63.4% | 41.72M▲ 187.1% | 44.71M▲ 7.2% | 81.63M▲ 82.6% | 455.58M▲ 458.1% | 510.85M▲ 0% |
| Equity Growth % | - | 85.11% | 63.36% | 187.14% | 7.16% | 82.58% | 458.12% | 1804.02% |
| Book Value per Share | 592.14 | 1081.85 | 1760.06 | 6914.07 | 3406.09 | 2826.65 | 19656.53 | 57219.47 |
| Total Shareholders' Equity | 4.8M | 8.89M | 14.53M | 41.71M | 44.71M | 81.63M | 455.58M | 510.85M |
| Common Stock | 0 | 0 | 0 | 0 | 56.35M | 71.72M | 0 | 0 |
| Retained Earnings | -417.41K | 2.26M | 7.43M | -1.71M | -11.63M | 9.91M | 152.33M | 46.48M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 5M | 578.74K | 898.5K | -310.58K | -8 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NXTT Cash Flow Statement
Next Technology Holding Inc. (NXTT) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -130.89K | 1.16M | -3.75M | -38.21M | 20.21M | 0 | -3.07M | -3.07M |
| Operating CF Margin % | - | 18.53% | -26.1% | - | 808.25% | - | -26.47% | - |
| Operating CF Growth % | - | 988.01% | -422.92% | -917.89% | 152.89% | -100% | - | -3843.38% |
| Net Income | -417.41K | 2.68M | 5.18M | -9.15M | -9.92M | 21.55M | 143.16M | -156.13M |
| Depreciation & Amortization | 0 | 11.7K | 35.87K | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 76.8M | 80.97M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 8.23M | 56.38M | 29.09M |
| Other Non-Cash Items | 0 | 0 | 140K | -29.42M | 28.57M | -29.79M | -279.75M | 190.62M |
| Working Capital Changes | 286.51K | -1.52M | -9.1M | 362.17K | 1.56M | 4.8K | 327.93K | 944.71K |
| Change in Receivables | 0 | -2.49M | -2.86M | -974.03K | -1.13M | -800K | 1.45M | 1.07M |
| Change in Inventory | 0 | 3.7M | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 7.8K | -3.56M | 2.95M | 926.46K | -70K | 21.32K | 813.5K |
| Cash from Investing | 0 | 0 | -1.03M | 493.95K | -32.62M | 0 | 0 | 0 |
| Capital Expenditures | 0 | 0 | -417.11K | -693.56K | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | 2.9% | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | -611.21K | 1.19M | 4.5M | 0 | 0 | 0 |
| Cash from Financing | 6.72M | -3.68M | 689.03K | 39.53M | 13.05M | 0 | 8.03M | 171.66M |
| Debt Issued (Net) | 0 | -1.56M | 689.03K | 182.37K | 438.31K | 0 | 0 | -1.46M |
| Equity Issued (Net) | 0 | 835.5K | 0 | 39.35M | 12.62M | 0 | 8.03M | 164.98M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 6.72M | -2.96M | 0 | 0 | 0 | 0 | 0 | 8.14M |
| Net Change in Cash | 6.59M▲ 0% | -1.95M▼ 129.6% | -4.02M▼ 106.3% | -593.67K▲ 85.2% | 645.46K▲ 208.7% | 0▼ 100.0% | 4.96M▲ 0% | 309.09M▲ 0% |
| Free Cash Flow | -130.89K▲ 0% | 1.16M▲ 988.0% | -4.17M▼ 458.8% | -18.3M▼ 338.8% | 20.21M▲ 210.4% | 0▼ 100.0% | -3.07M▲ 0% | 145.5M▲ 0% |
| FCF Margin % | - | 18.53% | -29% | - | 808.25% | - | -26.47% | 1204.45% |
| FCF Growth % | - | 988.01% | -458.8% | -338.84% | 210.4% | -100% | - | 27504154.25% |
| FCF per Share | -16.13 | 141.39 | -505.21 | -3033.14 | 1539.40 | - | -132.66 | -132.66 |
| FCF Conversion (FCF/Net Income) | 0.31x | 0.43x | -0.73x | 4.17x | -2.04x | - | -0.02x | -0.93x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 1.16M | 480.53K | 0 | 0 | 0 | 1.9K | 1.9K |
NXTT Key Ratios
Next Technology Holding Inc. (NXTT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 39.06% | 44.19% | -32.57% | -22.97% | 34.11% | 53.3% | -30.01% |
| Return on Invested Capital (ROIC) | 78.79% | 37.64% | -17.53% | -2.16% | -0.02% | -22.54% | -22.54% |
| Gross Margin | 90.18% | 81.35% | - | 57.17% | 59.44% | 15.12% | 15.19% |
| Net Margin | 42.65% | 35.99% | - | -397.02% | 1197.2% | 1232.61% | -1292.44% |
| Debt / Equity | 0.36x | 0.17x | - | - | 0.01x | 0.00x | 0.00x |
| FCF Conversion | 0.43x | -0.73x | 4.17x | -2.04x | - | -0.02x | -0.93x |
| Revenue Growth | - | 129.31% | -100% | - | -28% | 545.27% | 571.11% |
NXTT SEC Filings & Documents
Next Technology Holding Inc. (NXTT) SEC filings — annual & quarterly reports (10-K, 10-Q)
NXTT Frequently Asked Questions
Next Technology Holding Inc. (NXTT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Next Technology Holding Inc. (NXTT) reported $12.1M in revenue for fiscal year 2025.
Next Technology Holding Inc. (NXTT) grew revenue by 545.3% over the past year. This is strong growth.
Next Technology Holding Inc. (NXTT) reported a net loss of $156.1M for fiscal year 2025.
Dividend & Returns
Next Technology Holding Inc. (NXTT) has a return on equity (ROE) of 53.3%. This is excellent, indicating efficient use of shareholder capital.
Next Technology Holding Inc. (NXTT) generated $145.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More NXTT
Next Technology Holding Inc. (NXTT) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates