Jinxin Technology Holding Company (NAMI) AI Stock Analysis
NAMI AI stock analysis summary
AI ResearchJinxin Technology Holding Company (NASDAQ: NAMI) provides K-9 digital educational content and learning materials in China. While revenue reached $413.0M in FY2025, operating performance turned negative with a net loss of -$94.3M. The company holds $58.6M in cash and short-term investments, yet trailing twelve month revenue fell 31.9% in the latest quarter.
- Market cap
- $6.9M
- Revenue (TTM)
- $346.6M
- P/E
- 0.9x
- 1Y return
- -92.0% S&P 500 16.8%
- Avg. target
- —
Bull case
- The company maintains a solid net cash position of $45.0M with $58.6M in cash and short-term investments against $13.6M in total debt as of June 30, 2026.
- Shares trade at a price-to-book ratio of 0.5x, below its total shareholders' equity value of $77.9M.
- Jinxin demonstrated top-line expansion historically, posting a 4-year revenue CAGR of 13.6% from FY2021 through FY2025.
Bear case
- Quarterly revenue dropped 31.9% year-over-year in the latest quarter ended June 30, 2026.
- The business generated free cash flow of -$35.4M in FY2025 following an operating cash outflow of -$24.6M.
- The stock has declined 92.0% over the past year, falling from a 52-week high of $26.75 to $1.83.
What Jinxin Technology Holding Company does
Jinxin Technology Holding Company provides digital content services in the People's Republic of China. Founded in 2014 and based in Shanghai, the company develops digital versions of mainstream textbooks for primary and middle schools, covering Chinese and English subjects in K-9 education. It also produces proprietary digital self-learning and leisure reading materials. Jinxin distributes its educational resources primarily through its Namibox learning app, third-party hardware devices, and partnerships with telecom and broadcast operators. The company completed its initial public offering in 2024 and operates with 107 employees.
Growth and profitability
Between FY2021 and FY2025, revenue expanded at a four-year compound annual growth rate of 13.6%, rising from $248.1M to $413.0M. However, profitability deteriorated sharply in FY2025 as revenue growth slowed to 1.6% and gross margin contracted to 11.0% from 28.8% in FY2024. Operating margin fell to -24.4% in FY2025, driving net income to -$94.3M compared to a profit of $20.3M in FY2024. For the trailing twelve months ended June 30, 2026, revenue stood at $346.6M with an operating margin of -10.2% and a profit margin of -23.9%. Furthermore, quarterly revenue declined 31.9% year-over-year in the quarter ended June 30, 2026.
Balance sheet and cash flow
As of June 30, 2026, Jinxin Technology held $58.6M in cash and short-term investments against total debt of $13.6M, resulting in net cash of $45.0M. The company closed the period with shareholders' equity of $77.9M, total assets of $187.3M, a current ratio of 1.50, and a debt-to-equity ratio of 0.17. Operating cash flow stood at -$24.6M in FY2025, while capital expenditures totaled $10.8M, resulting in free cash flow of -$35.4M. The company does not report share repurchases or dividend payments.
Valuation and performance
NAMI trades at a trailing price-to-earnings multiple of 0.9x and a price-to-book ratio of 0.5x, with a market capitalization of $6.9M and an enterprise value of -$605,190. Its EV-to-EBITDA stands at 14.8x, above the 10.0x median of its US-listed Communication Services peers. In contrast, its trailing price-to-sales multiple is 0.0x compared to the peer median of 0.8x. Over the past year, NAMI shares fell 92.0%, underperforming the S&P 500 benchmark ETF return of 16.8%. The stock traded at $1.83 as of October 16, 2026, which is 78.7% below its 200-day moving average.
What analysts expect
Tracking data indicates that Jinxin Technology recorded 1 EPS beat over the last 4 quarters. The company currently has no published Wall Street consensus ratings, mean price targets, or forward earnings estimates on file. The stock last traded at $1.83 as of October 16, 2026, which sits near its 52-week low of $1.55 and significantly below its 52-week high of $26.75. Additionally, institutional ownership stands at 0.0%, while insider ownership accounts for 18.7% of shares.
Key risks and what to watch
- Gross margin collapsed from 42.1% in FY2023 to 11.0% in FY2025, pressuring core unit profitability.
- Trailing twelve month return on equity is -70.7%, reflecting significant operational losses.
- Free cash flow has remained negative for two consecutive years, registering -$35.7M in FY2024 and -$35.4M in FY2025.
- Trading liquidity may be limited given a micro-cap valuation of $6.9M and 0.0% institutional ownership.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this NAMI AI stock analysis
This page is an AI-written research summary of Jinxin Technology Holding Company (NAMI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: NAMI income statement, NAMI balance sheet, NAMI key metrics, NAMI chart. See the NAMI stock overview for the latest quote and news.
NAMI AI stock analysis FAQ
What was Jinxin Technology's revenue in FY2025?
Jinxin Technology reported revenue of $413.0M in FY2025, representing a 1.6% increase over FY2024 revenue of $406.4M.
Does NAMI pay a dividend?
No, NAMI does not currently pay a dividend to shareholders.
What is NAMI's cash position?
As of June 30, 2026, the company held $58.6M in cash and short-term investments and $13.6M in debt, providing net cash of $45.0M.
Who owns shares in Jinxin Technology?
Insiders hold 18.7% of shares, while institutional ownership is listed at 0.0%.