NASDAQ : NAMI
Jinxin Technology Holding Company — Financial statements
Communication Services · Internet Content & Information · China
Last price 1.9 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 6.01M
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Financial statements
Jinxin Technology Holding Company (NAMI) reported revenue of 346.62M CNY (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 346.62M | 413.02M | 406.40M | 379.82M | 236.44M | 248.09M |
| Cost of Revenue | 304.20M | 367.47M | 289.45M | 220.05M | 139.19M | 169.61M |
| Gross Profit | 42.42M | 45.56M | 116.94M | 159.77M | 97.25M | 78.48M |
| Selling, General & Admin | 99.39M | 97.72M | 43.22M | 44.38M | 27.13M | 110.58M |
| Research & Development | 37.88M | 52.09M | 46.61M | 35.33M | 26.36M | 38.23M |
| Operating Expenses | 137.26M | 149.81M | 89.83M | 79.72M | 53.49M | 148.81M |
| Operating Income | -94.85M | -104.25M | 27.11M | 80.05M | 43.77M | -70.33M |
| Interest Expense | -270.00K | -32.00K | -202.00K | -224.00K | ||
| Interest & Investment Income | 810.00K | 834.00K | 1.78M | 1.61M | 1.14M | 712.00K |
| Earnings From Equity Investments | -401.00K | 957.00K | 579.00K | -381.00K | 17.00K | -1.18M |
| Currency Exchange Gain (Loss) | 2.06M | -1.67M | 212.00K | 61.00K | 7.23M | -4.57M |
| Other Non Operating Income (Expenses) | 2.58M | 3.48M | 872.00K | 2.17M | 3.12M | -2.11M |
| Pretax Income | -90.07M | -100.68M | 30.56M | 83.51M | 55.08M | -77.69M |
| Income Tax Expense | 148.00K | 96.00K | 21.00K | |||
| Earnings From Continuing Operations | -90.22M | -100.78M | 30.56M | 83.49M | 55.08M | -77.69M |
| Minority Interest in Earnings | 7.44M | 6.43M | -10.29M | -12.99M | -2.32M | -2.42M |
| Net Income | -82.78M | -94.35M | 20.27M | 70.50M | 52.76M | -80.11M |
| Net Income to Common | -82.78M | -94.35M | 20.27M | 70.50M | 52.76M | -80.11M |
| Shares Outstanding (Basic) | 3.05M | 2.78M | 1.04M | 926.49K | 926.49K | 2.68M |
| Shares Outstanding (Diluted) | 3.05M | 2.78M | 1.15M | 1.04M | 1.04M | 2.68M |
| EPS (Basic) | -27.18 | -33.92 | 19.56 | 76.09 | 56.95 | -29.92 |
| EPS (Diluted) | -27.18 | -33.92 | 18.00 | 67.50 | 49.50 | -29.92 |
| Free Cash Flow | -35.52M | -25.37M | 24.61M | 56.22M | 32.85M | -43.77M |
| Free Cash Flow Per Share | -11.66 | -9.12 | 21.48 | 54.27 | 31.71 | -16.34 |
| Gross Margin | 12.24% | 11.03% | 28.78% | 42.07% | 41.13% | 31.64% |
| Operating Margin | -27.36% | -25.24% | 6.67% | 21.08% | 18.51% | -28.35% |
| Profit Margin | -23.88% | -22.84% | 4.99% | 18.56% | 22.32% | -32.29% |
| Free Cash Flow Margin | -10.25% | -6.14% | 6.05% | 14.80% | 13.89% | -17.64% |
| EBITDA | -58.67M | -65.48M | 56.67M | 93.12M | 55.18M | -60.52M |
| EBITDA Margin | -16.93% | -15.86% | 13.94% | 24.52% | 23.34% | -24.39% |
| D&A For EBITDA | 36.17M | 38.77M | 29.56M | 13.07M | 11.41M | 9.81M |
| EBIT | -94.85M | -104.25M | 27.11M | 80.05M | 43.77M | -70.33M |
| EBIT Margin | -27.36% | -25.24% | 6.67% | 21.08% | 18.51% | -28.35% |
| Effective Tax Rate | 0.03% | |||||
| Advertising Expenses | 5.54M | 7.43M | 2.62M | 1.15M |
Balance sheet
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 26.05M | 64.27M | 92.59M | 75.13M | 54.95M | 51.53M |
| Short-Term Investments | 32.55M | 15.00M | 9.13M | 43.20M | 25.21M | 10.45M |
| Cash & Short-Term Investments | 58.59M | 79.27M | 101.72M | 118.33M | 80.16M | 61.98M |
| Accounts Receivable | 47.23M | 27.52M | 54.60M | 14.39M | 6.39M | 4.94M |
| Receivables | 47.23M | 27.52M | 54.60M | 14.39M | 7.05M | 6.06M |
| Inventory | 1.81M | 2.29M | 107.00K | 844.00K | 190.00K | 769.00K |
| Other Current Assets | 14.36M | 11.51M | 6.16M | 14.27M | 4.96M | 5.56M |
| Total Current Assets | 122.00M | 120.60M | 162.59M | 147.84M | 92.35M | 74.37M |
| Property, Plant & Equipment | 4.45M | 6.69M | 7.06M | 8.89M | 11.62M | 4.66M |
| Long-Term Investments | 21.07M | 19.86M | 11.90M | 8.33M | 8.71M | 8.69M |
| Other Intangible Assets | 39.68M | 45.12M | 61.73M | 10.86M | 8.70M | 10.27M |
| Total Assets | 187.20M | 192.26M | 243.28M | 175.91M | 121.39M | 97.99M |
| Accounts Payable | 40.49M | 30.59M | 38.02M | 10.22M | 3.53M | 4.54M |
| Accrued Expenses | 3.11M | 3.03M | 2.82M | 5.51M | 3.18M | 4.27M |
| Short-Term Debt | 9.99M | 15.00M | ||||
| Current Portion of Leases | 2.74M | 3.28M | 2.65M | 2.48M | 2.46M | 3.37M |
| Current Income Taxes Payable | 3.32M | 3.35M | 4.54M | 5.38M | 8.22M | 4.62M |
| Current Unearned Revenue | 19.03M | 21.82M | 25.04M | 25.81M | 58.75M | 92.87M |
| Other Current Liabilities | 2.79M | 1.78M | 1.74M | 789.00K | 892.00K | 663.00K |
| Total Current Liabilities | 81.45M | 78.85M | 74.79M | 50.18M | 77.04M | 110.34M |
| Long-Term Leases | 906.00K | 1.84M | 2.87M | 5.40M | 7.88M | |
| Other Long-Term Liabilities | 1.79M | 1.79M | 1.79M | |||
| Total Liabilities | 84.15M | 82.48M | 79.45M | 55.58M | 84.92M | 110.34M |
| Common Stock | 126.00K | 126.00K | 119.00K | 41.00K | 41.00K | 111.00K |
| Additional Paid-In Capital | 319.06M | 312.34M | 267.63M | 13.34M | 13.19M | 254.52M |
| Retained Earnings | -240.25M | -230.52M | -136.17M | -156.44M | -226.94M | -279.70M |
| Comprehensive Income & Other | -967.00K | 1.92M | 399.00K | 399.00K | 399.00K | 6.67M |
| Total Common Equity | 77.92M | 83.86M | 131.97M | -142.67M | -213.31M | -18.41M |
| Minority Interest | 25.13M | 25.92M | 31.86M | 21.57M | 8.38M | 6.06M |
| Shareholders' Equity | 103.05M | 109.78M | 163.83M | 120.33M | 36.47M | -12.35M |
| Total Liabilities & Equity | 187.20M | 192.26M | 243.28M | 175.91M | 121.39M | 97.99M |
| Total Debt | 13.63M | 20.12M | 5.51M | 7.88M | 10.34M | 3.37M |
| Net Cash (Debt) | 44.96M | 59.15M | 96.20M | 110.46M | 69.81M | 58.61M |
| Net Cash Per Share | 14.76 | 21.27 | 83.96 | 106.62 | 67.39 | 21.89 |
| Filing Date Shares Outstanding | 3.16M | 3.16M | 2.73M | 926.49K | 2.51M | 2.68M |
| Total Common Shares Outstanding | 3.16M | 3.16M | 2.56M | 926.49K | 2.68M | 2.68M |
| Working Capital | 40.55M | 41.75M | 87.79M | 97.65M | 15.32M | -35.96M |
| Book Value Per Share | 24.63 | 26.52 | 51.52 | -153.99 | -79.67 | -6.88 |
| Tangible Book Value | 38.24M | 38.75M | 70.24M | -153.53M | -222.02M | -28.67M |
| Tangible Book Value Per Share | 12.09 | 12.25 | 27.42 | -165.71 | -82.92 | -10.71 |
| Machinery | 3.04M | 3.53M | 2.75M | 2.18M | 3.22M | 3.65M |
| Leasehold Improvements | 1.70M | 1.68M | 1.68M | 1.09M | 824.00K | 136.00K |
Cash flow statement
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -82.78M | -94.35M | 20.27M | 70.50M | 52.76M | -77.69M |
| Depreciation & Amortization | 36.17M | 38.77M | 29.56M | 13.07M | 11.41M | 9.81M |
| Loss (Gain) From Sale of Assets | 23.00K | -71.00K | ||||
| Loss (Gain) on Equity Investments | 401.00K | -957.00K | -579.00K | 381.00K | -17.00K | 1.18M |
| Stock-Based Compensation | 43.48M | 42.05M | 7.00K | 16.00K | 13.00K | 33.00K |
| Other Operating Activities | -6.82M | -6.25M | 12.74M | 15.61M | 5.27M | |
| Change in Accounts Receivable | -3.59M | 26.64M | -39.50M | -7.95M | -1.45M | 55.33M |
| Change in Inventory | -1.43M | -8.75M | 788.00K | -2.22M | 687.00K | 2.56M |
| Change in Accounts Payable | -24.50M | -13.66M | 10.02M | 4.69M | -1.01M | 3.09M |
| Change in Unearned Revenue | -264.00K | -3.21M | -770.00K | -32.94M | -34.12M | -34.97M |
| Change in Income Taxes | 1.26M | 1.26M | -835.00K | -2.85M | 3.60M | 4.16M |
| Change in Other Net Operating Assets | -3.22M | -6.14M | -5.94M | -1.63M | -3.54M | -6.59M |
| Operating Cash Flow | -41.54M | -24.58M | 25.77M | 56.70M | 33.53M | -43.10M |
| Capital Expenditures | 6.02M | -784.00K | -1.16M | -476.00K | -688.00K | -666.00K |
| Sale of Property, Plant & Equipment | 23.00K | 2.00K | 113.00K | |||
| Cash Acquisitions | -1.30M | |||||
| Sale (Purchase) of Intangibles | 3.04M | -9.99M | -60.33M | -12.66M | -9.19M | -11.37M |
| Investment in Securities | -4.46M | -12.91M | 31.07M | -18.16M | -14.55M | -10.45M |
| Other Investing Activities | 660.00K | 460.00K | ||||
| Investing Cash Flow | 4.62M | -23.69M | -30.41M | -30.63M | -23.85M | -23.78M |
| Short-Term Debt Issued | 15.00M | |||||
| Total Debt Issued | 15.00M | 15.00M | ||||
| Net Debt Issued (Repaid) | 9.99M | 15.00M | ||||
| Issuance of Common Stock | 2.23M | 5.27M | 22.10M | 153.00K | ||
| Other Financing Activities | -2.23M | -1.74M | -6.03M | |||
| Financing Cash Flow | 9.94M | 18.53M | 22.10M | -5.88M | ||
| Foreign Exchange Rate Adjustments | -2.13M | 1.43M | -6.27M | 2.97M | ||
| Net Cash Flow | -29.11M | -28.32M | 17.45M | 20.19M | 3.41M | -63.91M |
| Free Cash Flow | -35.52M | -25.37M | 24.61M | 56.22M | 32.85M | -43.77M |
| Free Cash Flow Margin | -10.25% | -6.14% | 6.05% | 14.80% | 13.89% | -17.64% |
| Free Cash Flow Per Share | -11.66 | -9.12 | 21.48 | 54.27 | 31.71 | -16.34 |
| Levered Free Cash Flow | 8.84M | 12.82M | -21.90M | 5.81M | -3.43M | |
| Unlevered Free Cash Flow | 9.00M | 12.84M | -21.90M | 5.81M | -3.30M | |
| Cash Income Tax Paid | 21.00K | |||||
| Change in Working Capital | -31.74M | -3.85M | -36.23M | -42.90M | -35.83M | 23.57M |
Ratios
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.69M | 52.25M | 261.29M | |||
| Enterprise Value | -925.49K | 45.19M | 284.72M | |||
| Last Close Price | 1.80 | 19.11 | 102.00 | |||
| PE Ratio | 94.08 | |||||
| PS Ratio | 0.11 | 0.89 | 4.69 | |||
| PB Ratio | 0.50 | 3.33 | 11.64 | |||
| P/TBV Ratio | 1.01 | 9.43 | 27.15 | |||
| P/FCF Ratio | 77.50 | |||||
| P/OCF Ratio | 74.02 | |||||
| EV/Sales Ratio | 0.77 | 5.11 | ||||
| EV/EBITDA Ratio | 36.67 | |||||
| EV/EBIT Ratio | 76.65 | |||||
| EV/FCF Ratio | 84.45 | |||||
| Debt / Equity Ratio | 0.13 | 0.18 | 0.03 | 0.07 | 0.28 | -0.27 |
| Debt / EBITDA Ratio | 0.09 | 0.08 | 0.18 | |||
| Debt / FCF Ratio | 0.22 | 0.14 | 0.32 | |||
| Net Debt / Equity Ratio | -0.44 | -0.54 | -0.59 | -0.92 | -1.91 | 4.75 |
| Net Debt / EBITDA Ratio | 0.77 | 0.90 | -1.70 | -1.19 | -1.26 | 0.97 |
| Net Debt / FCF Ratio | 1.27 | 2.33 | -3.91 | -1.97 | -2.12 | 1.34 |
| Asset Turnover | 1.61 | 1.90 | 1.94 | 2.56 | 2.16 | |
| Inventory Turnover | 102.65 | 306.09 | 608.74 | 425.63 | 290.27 | |
| Quick Ratio | 1.30 | 1.35 | 2.09 | 2.65 | 1.12 | 0.61 |
| Current Ratio | 1.50 | 1.53 | 2.17 | 2.95 | 1.20 | 0.67 |
| Return on Equity (ROE) | -70.70% | -73.67% | 21.51% | 106.49% | 456.63% | |
| Return on Assets (ROA) | -27.49% | -29.92% | 8.09% | 33.66% | 24.94% | |
| Return on Invested Capital (ROIC) | -163.28% | -176.32% | 69.97% | 810.54% | ||
| Return on Capital Employed (ROCE) | -89.70% | -91.90% | 16.10% | 63.70% | 98.70% | 569.50% |
| Earnings Yield | -222.29% | -25.81% | 1.06% | |||
| FCF Yield | -93.72% | -6.94% | 1.29% | |||
| Buyback Yield / Dilution | -62.99% | -142.74% | -10.61% | 61.31% |