Financial Snapshot

Revenue
$403.3K
TTM
Gross Margin
148.01%
TTM
Net Earnings
$29.00M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
2453.56%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$74.08M
Q3 2024
Cash
Q3 2024
P/E
0.5462
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $2.633M $11.67M $14.38M $6.272M $0.00
YoY Change -77.44% -18.84% 129.31%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $2.633M $11.67M $14.38M $6.272M $0.00
Cost Of Revenue $1.198M $9.695M $2.682M $615.6K
Gross Profit $1.435M $1.976M $11.70M $5.656M
Gross Profit Margin 54.5% 16.93% 81.35% 90.18%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $3.478M $11.84M $5.705M $1.901M $417.4K
YoY Change -70.63% 107.59% 200.05% 355.51%
% of Gross Profit 242.36% 599.33% 48.76% 33.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $277.8K $35.87K $11.70K
YoY Change 674.57% 206.58%
% of Gross Profit 14.06% 0.31% 0.21%
Operating Expenses $3.478M $11.84M $5.705M $1.901M $417.4K
YoY Change -70.63% 107.59% 200.06% 355.51%
Operating Profit -$2.043M -$9.867M $5.994M $3.755M
YoY Change -79.29% -264.61% 59.65%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$1.130M $636.9K $23.35K $82.96K
YoY Change -277.44% 2627.4% -71.85%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$3.173M -$9.230M -$537.0K -$162.3K -$417.4K
YoY Change -65.62% 1618.74% 230.9% -61.12%
Income Tax $0.00 -$82.65K $1.122M $1.163M $0.00
% Of Pretax Income
Net Earnings -$4.226M -$9.147M $5.176M $2.675M -$417.4K
YoY Change -53.8% -276.74% 93.48% -740.87%
Net Earnings / Revenue -160.49% -78.38% 35.99% 42.65%
Basic Earnings Per Share -$0.04 $0.02 $0.01
Diluted Earnings Per Share -$9.03 -$7.58 $16.94K $8.795K -$1.391K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $668.4K $20.03M $616.6K $4.641M $6.591M
YoY Change -96.66% 3147.78% -86.71% -29.59%
Cash & Equivalents $668.4K $20.03M $616.6K $4.641M $6.591M
Short-Term Investments
Other Short-Term Assets $47.33M $5.075M $2.761M $61.71K
YoY Change 832.58% 83.85% 4373.6%
Inventory
Prepaid Expenses
Receivables $1.133M $6.828M $5.627M $2.610M
Other Receivables $0.00 $2.215M $7.432M $3.104M
Total Short-Term Assets $49.13M $34.14M $16.44M $10.42M $6.591M
YoY Change 43.9% 107.74% 57.81% 58.02%
Property, Plant & Equipment $1.821M $2.724M $2.813M
YoY Change -33.14% -3.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $10.00M
YoY Change -100.0%
Total Long-Term Assets $0.00 $12.08M $3.034M $3.127M $0.00
YoY Change -100.0% 298.3% -2.97%
Total Assets $49.13M $46.23M $19.47M $13.54M $6.591M
YoY Change
Accounts Payable $926.5K $425.1K $62.15K $8.180K
YoY Change 117.96% 583.91% 659.78%
Accrued Expenses $0.00 $298.6K $813.2K $833.2K $32.00K
YoY Change -100.0% -63.28% -2.41% 2503.81%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $140.0K $1.500M
YoY Change -100.0% -90.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.208M $4.510M $2.999M $2.177M $1.787M
YoY Change -6.69% 50.38% 37.74% 21.87%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $1.942M $2.472M
YoY Change -100.0% -21.42%
Total Long-Term Liabilities $0.00 $0.00 $1.942M $2.472M $0.00
YoY Change -100.0% -21.42%
Total Liabilities $4.208M $4.510M $4.941M $4.649M $1.787M
YoY Change -6.69% -8.73% 6.29% 160.22%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 223.3M shares 305.5M shares 304.2M shares
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $15.836 Million

About Next Technology Holding Inc.

WeTrade Group, Inc. engages in the development of an online membership-based e-commerce platform business. The company is headquartered in Shenzhen, Guangdong and currently employs 8 full-time employees. The company went IPO on 2020-04-08. The firm mainly provides an international cloud-based intelligence system and independently developed a micro-business cloud intelligence system called the YCloud. The company provides technical and auto-billing management services to micro-business online stores in China through big data analytics, machine learning mechanisms, social network recommendations, and multi-channel data analysis.

Industry: Services-Computer Processing & Data Preparation Peers: Huaizhong Health Group, Inc. Agora, Inc. Aurora Mobile Ltd Cheetah Mobile Inc. Cloopen Group Holding Ltd ONECONNECT FINANCIAL TECHNOLOGY CO., LTD. Moatable, Inc. Xunlei Ltd