WinstonWınston

Deep Value: cash covers more than 100% of the stock price

This company holds roughly $15M in cash and investments — more than its entire stock-market value, based on its latest quarterly filing. You're paying very little for the actual business. Sometimes that's a genuine bargain or a takeover target, sometimes it's cheap for a reason. Not a buy signal on its own — always ask why it's this cheap.

Jinxin Technology Holding Company American Depositary Shares logo

Jinxin Technology Holding Company American Depositary Shares

NAMI
19
Internet Content & Information · Communication Services
Price
$4.41
+1.51 (+51.92%)
Market Cap
$12.1M
Exchange
NASDAQ Global Select
Winston Score
19
Winston is worried
Weak fundamentals across most pillars.
Data as of Aug 9, 2026 · filings through Dec 31, 2025

Share count falling — buybacks

85.1% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 25.9M (2021) → 3.9M (2025)

Jinxin Technology Holding Company is a Chinese technology company that operates in the digital content and internet services space. It provides online platforms and services primarily to consumers in China, focusing on areas such as digital media, entertainment content, or related internet offerings. The company is a smaller player in China's highly competitive internet sector.

Jinxin Technology generates revenue through a mix of content services, platform fees, or advertising, though its exact revenue streams are relatively modest given its small market capitalization. The company operates almost entirely within China, making it subject to the country's strict internet regulations and content oversight rules. Its financials reflect significant challenges — a gross margin of only 11% and a deeply negative operating margin suggest the business is spending far more than it earns, which is the central risk investors face. Sustaining operations and reaching profitability will depend on whether the company can scale its user base or find a more durable revenue model.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-1.9% YoY

YoY Growth Rate

Revenue declining

EPS Growth

<−1,000% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$52M/ year

Rising (+12% vs prior year)

12.6% of revenue

In line with sector average (12%)

Investing heavily in future products and technology

Insider Activity

68.9%ownership

Insiders own a meaningful stake in the company

Cash Runway

~7 months

$99M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Short runway — potential dilution ahead through share issuance

Cash watch

Jinxin Technology Holding Company American Depositary Shares has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
7.1%
Thin — 7.1% gross margin
Operating Margin
-37.6%
Losing money on operations — -37.6%
ROCE
-77.8%
Weak — -77.8% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
+1.6%
Nearly flat sales (+1.6% YoY)
EPS YoY
<−1,000%
Earnings shrinking (<−1,000% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

EPS Consistency
0/4 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
-10.3%
Burning cash (-10.3%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
0.18
Conservative — low debt load (0.18)
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial