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Jinxin Technology Holding Company American Depositary Shares (NAMI) 10-Year Financial Performance & Capital Metrics

NAMI •
Communication ServicesInternet ServicesDigital Media Publishers and Audio
AboutJinxin Technology Holding Company, a digital content service provider that creates and develops digital self-learning contents and leisure reading materials in the People's Republic of China. The company offers digital version of mainstream textbooks used in primary schools and middle schools; and digital textbooks in Chinese and English subjects used in K-9 schools. It distributes digital and integrated educational contents primarily through Namibox, a learning app; telecom and broadcast operators; and third-party devices. Jinxin Technology Holding Company was founded in 2014 and is based in Shanghai, China.Show more
  • Revenue $406M +7.0%
  • EBITDA $57M -39.1%
  • Net Income $20M -71.2%
  • EPS (Diluted) 0.73 -73.2%
  • Gross Margin 28.78% -31.6%
  • EBITDA Margin 13.95% -43.1%
  • Operating Margin 6.67% -68.3%
  • Net Margin 4.99% -73.1%
  • ROE 94.83%
  • ROIC -
  • Debt/Equity 0.03
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Excellent 3Y average ROE of 94.8%
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Trading at only 0.5x book value
  • ✓Efficient asset utilization: 1.7x turnover

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 7 (bottom 7%)
  • ✗Shares diluted 10.6% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y17.88%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg128.7%
5Y Avg128.7%
3Y Avg128.7%
Latest18.43%

Peer Comparison

Digital Media Publishers and Audio
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SPOTSpotify Technology S.A.105.99B514.9443.275.33%12.84%26.44%3.09%0.28
TMETencent Music Entertainment Group10.34B14.6023.622.34%34.08%12.65%13.03%0.09
NAMIJinxin Technology Holding Company American Depositary Shares508.47M0.444.157%4.99%94.83%0.03
KRKR36Kr Holdings Inc.3.19B3.56-0.30-32.08%-26.64%-34.61%0.25
BZFDBuzzFeed, Inc.1.03M0.76-0.84-24.85%0.06%0.14%0.59
ARENThe Arena Group Holdings, Inc.137.44M2.89-1.01-12.34%88.51%
ONFOOnfolio Holdings, Inc.2.51M0.49-1.2050.04%-17.18%-51.71%0.60
FENGPhoenix New Media Limited552.15M1.74-2.681.69%-6.38%-4.56%0.05

Compare NAMI vs Peers

Analyze head-to-head performance against top industry competitors across valuation, growth, and profitability metrics.

vs SPOT

Compare head-to-head with Spotify Technology S.A.

vs TME

Compare head-to-head with Tencent Music Entertainment Group

Compare Top 5

vs SPOT, TME, KRKR, FENG

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+248.09M236.44M379.82M406.4M
Revenue Growth %--4.7%60.64%7%
Cost of Goods Sold+169.61M139.19M220.05M289.45M
COGS % of Revenue68.36%58.87%57.94%71.22%
Gross Profit+78.48M97.25M159.77M116.94M
Gross Margin %31.64%41.13%42.06%28.78%
Gross Profit Growth %-23.92%64.28%-26.8%
Operating Expenses+148.81M53.49M79.72M89.83M
OpEx % of Revenue59.98%22.62%20.99%22.1%
Selling, General & Admin110.58M27.13M44.38M43.22M
SG&A % of Revenue44.57%11.48%11.69%10.64%
Research & Development38.23M26.36M35.33M46.61M
R&D % of Revenue15.41%11.15%9.3%11.47%
Other Operating Expenses0000
Operating Income+-70.33M43.77M80.05M27.11M
Operating Margin %-28.35%18.51%21.08%6.67%
Operating Income Growth %-162.23%82.9%-66.13%
EBITDA+-60.52M55.18M93.12M56.67M
EBITDA Margin %-24.39%23.34%24.52%13.95%
EBITDA Growth %-191.17%68.77%-39.14%
D&A (Non-Cash Add-back)9.81M11.41M13.07M29.56M
EBIT-77.47M55.28M83.51M30.56M
Net Interest Income+177K306K513K331K
Interest Income401K508K513K331K
Interest Expense224K202K00
Other Income/Expense-7.37M11.31M3.46M3.45M
Pretax Income+-77.69M55.08M83.51M30.56M
Pretax Margin %-31.32%23.29%21.99%7.52%
Income Tax+0021K0
Effective Tax Rate %103.11%95.8%84.41%66.33%
Net Income+-80.11M52.76M70.5M20.27M
Net Margin %-32.29%22.32%18.56%4.99%
Net Income Growth %-165.86%33.61%-71.25%
Net Income (Continuing)-77.69M55.08M83.49M30.56M
Discontinued Operations0000
Minority Interest6.06M8.38M21.57M31.86M
EPS (Diluted)+-3.062.002.720.73
EPS Growth %-165.36%36%-73.16%
EPS (Basic)-3.062.303.060.79
Diluted Shares Outstanding25.9M25.9M25.9M28.65M
Basic Shares Outstanding26.65M26.65M26.11M28.15M
Dividend Payout Ratio----

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+74.37M92.35M147.84M162.59M
Cash & Short-Term Investments61.98M79.95M118.29M101.67M
Cash Only51.53M54.95M75.13M92.59M
Short-Term Investments10.45M25M43.16M9.09M
Accounts Receivable6.06M7.26M14.43M54.65M
Days Sales Outstanding8.9211.213.8749.08
Inventory769K190K844K107K
Days Inventory Outstanding1.650.51.40.13
Other Current Assets3.34M2.84M10.59M2.54M
Total Non-Current Assets+23.61M29.04M28.08M80.7M
Property, Plant & Equipment4.66M11.62M8.89M7.06M
Fixed Asset Turnover53.24x20.34x42.72x57.55x
Goodwill0000
Intangible Assets10.27M8.7M10.86M61.73M
Long-Term Investments8.69M8.71M8.33M11.9M
Other Non-Current Assets0000
Total Assets+97.99M121.39M175.91M243.28M
Asset Turnover2.53x1.95x2.16x1.67x
Asset Growth %-23.88%44.92%38.3%
Total Current Liabilities+110.34M77.04M50.18M74.79M
Accounts Payable4.54M3.53M10.22M38.02M
Days Payables Outstanding9.789.2616.9547.94
Short-Term Debt0000
Deferred Revenue (Current)92.87M58.75M25.81M25.04M
Other Current Liabilities0001.73M
Current Ratio0.67x1.20x2.95x2.17x
Quick Ratio0.67x1.20x2.93x2.17x
Cash Conversion Cycle0.792.44-1.681.27
Total Non-Current Liabilities+241.41M249.29M246.81M4.66M
Long-Term Debt0000
Capital Lease Obligations07.88M5.4M2.87M
Deferred Tax Liabilities0000
Other Non-Current Liabilities241.41M241.41M241.41M1.79M
Total Liabilities351.75M326.33M296.99M79.45M
Total Debt+3.37M10.34M7.88M5.51M
Net Debt-48.16M-44.6M-67.26M-87.07M
Debt / Equity---0.03x
Debt / EBITDA-0.19x0.08x0.10x
Net Debt / EBITDA--0.81x-0.72x-1.54x
Interest Coverage-313.96x216.67x--
Total Equity+-253.76M-204.94M-121.08M163.83M
Equity Growth %-19.24%40.92%235.31%
Book Value per Share-9.80-7.91-4.675.72
Total Shareholders' Equity-259.82M-213.31M-142.65M131.97M
Common Stock41K41K41K119K
Retained Earnings-280.04M-229.5M-161.71M-143.59M
Treasury Stock0000
Accumulated OCI7M2.96M5.67M7.81M
Minority Interest6.06M8.38M21.57M31.86M

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-43.1M33.53M56.7M25.77M
Operating CF Margin %-17.37%14.18%14.93%6.34%
Operating CF Growth %-177.81%69.06%-54.56%
Net Income-77.69M55.08M83.49M30.56M
Depreciation & Amortization9.81M11.41M13.07M29.56M
Stock-Based Compensation33K13K16K7K
Deferred Taxes0000
Other Non-Cash Items1.18M2.87M3.02M1.87M
Working Capital Changes23.57M-35.83M-42.9M-36.23M
Change in Receivables55.33M-1.66M-7.83M-40.21M
Change in Inventory661K579K-654K737K
Change in Payables3.09M-1.01M4.69M10.02M
Cash from Investing+-23.78M-23.85M-30.63M-30.41M
Capital Expenditures-666K-688K-476K-1.16M
CapEx % of Revenue0.27%0.29%0.13%0.28%
Acquisitions-1.3M000
Investments----
Other Investing-11.37M-8.61M-12M-60.33M
Cash from Financing+00-5.88M22.1M
Debt Issued (Net)0000
Equity Issued (Net)00153K1000K
Dividends Paid0000
Share Repurchases0000
Other Financing00-6.03M0
Net Change in Cash-63.91M3.41M20.19M17.45M
Free Cash Flow+-55.13M23.66M43.56M-35.72M
FCF Margin %-22.22%10.01%11.47%-8.79%
FCF Growth %-142.91%84.11%-182%
FCF per Share-2.130.911.68-1.25
FCF Conversion (FCF/Net Income)0.54x0.64x0.80x1.27x
Interest Paid0000
Taxes Paid00021K

Key Ratios

Metric2021202220232024
Return on Equity (ROE)---94.83%
Gross Margin31.64%41.13%42.06%28.78%
Net Margin-32.29%22.32%18.56%4.99%
Debt / Equity---0.03x
Interest Coverage-313.96x216.67x--
FCF Conversion0.54x0.64x0.80x1.27x
Revenue Growth--4.7%60.64%7%

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