NTCL

Company Overview — What Does NetClass Technology Inc Do?

NETCLASS TECHNOLOGY INC was incorporated on January 4, 2022 under the laws of the Cayman Islands. We conduct business primarily through our wholly-owned subsidiaries, NetClass HK in Hong Kong, and NetClass China and its subsidiaries in the PRC. Our primary offices are located in Shanghai and Hong Kong, where we serve a large customer base throughout Hong Kong and PRC. We are a B2B (Business-to-Business) smart education specialist, providing IT solutions to schools, training institutions, corporations, government agencies (mainly the Shanghai Municipal Education Commission), and other institutions or corporate customers. We offer SaaS subscription services and application software development. Our solutions modules include teaching management, campus management, data storage and computing system, online teaching, online examination, epidemic prevention and control, EDC (Education Chain) blockchain system, and lecturer evaluation services, etc. Our mission is to provide high-quality and reliable products to our customers to maintain sustainable business growth over the long term. We believe we are one of the leading online education brands in the PRC’s online education software industry. We have advantages in customized design, easy-to-use interface, knowledge of the industry and market, and our experienced management. In addition, we believe we are the pioneer in applying blockchain technology to online education and related area. Our principal executive office is located at 6F, Building A 1188 Wan Rong Road, Shanghai, People’s Republic of China 200436. Our registered office provider in the Cayman Islands is Harneys Fiduciary (Cayman) Limited. Our registered office in the Cayman Islands is located at 4th Floor, Harbour Place, 103 South Church Street, PO Box 10240, Grand Cayman, KY1-1002, Cayman Islands. NetClass Technology Inc (NTCL) is classified as a micro-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Jianbiao Dai and employs approximately 31 people. With a market capitalization of $10M, NTCL is one of the notable companies in the Technology sector.

NetClass Technology Inc (NTCL) Stock Rating — Reduce (April 2026)

As of April 2026, NetClass Technology Inc receives a Reduce rating with a composite score of 26.4/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.NTCL ranks #3,274 out of 4,446 stocks in our coverage universe. Within the Technology sector, NetClass Technology Inc ranks #383 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

NTCL Stock Price and 52-Week Range

NetClass Technology Inc (NTCL) currently trades at $0.49. The stock lost $0.00 (0.2%) in the most recent trading session. The 52-week high for NTCL is $51.80, which means the stock is currently trading -99.1% from its annual peak. The 52-week low is $0.22, putting the stock 122.7% above its annual trough. Recent trading volume was 71K shares, suggesting relatively thin trading activity.

Is NTCL Overvalued or Undervalued? — Valuation Analysis

NetClass Technology Inc (NTCL) carries a value factor score of 6/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 1.92x, versus the sector average of 3.16x. The price-to-sales ratio is 0.28x, compared to 1.06x for the average Technology stock.

At current multiples, NetClass Technology Inc trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

NetClass Technology Inc Profitability — ROE, Margins, and Quality Score

NetClass Technology Inc (NTCL) earns a quality factor score of 31/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -751.8%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -314.7% versus the sector average of -1.0%.

On a margin basis, NetClass Technology Inc reports gross margins of 22.9%, compared to 50.9% for the sector. The operating margin is -111.5% (sector: -0.5%). Net profit margin stands at -110.8%, versus -1.5% for the average Technology stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

NTCL Debt, Balance Sheet, and Financial Health

NetClass Technology Inc has a debt-to-equity ratio of 35.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $2M. Cash and equivalents stand at $2M.

NTCL has a beta of -0.89, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for NetClass Technology Inc is 29/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

NetClass Technology Inc Revenue and Earnings History — Quarterly Trend

In TTM 2026, NetClass Technology Inc reported revenue of $10M and earnings per share (EPS) of $-0.60. Net income for the quarter was $-11M. Gross margin was 22.9%. Operating income came in at $-11M.

In FY 2025, NetClass Technology Inc reported revenue of $10M and earnings per share (EPS) of $-0.60. Net income for the quarter was $-11M. Gross margin was 22.9%. Revenue grew -2.9% year-over-year compared to FY 2024. Operating income came in at $-11M.

In FY 2024, NetClass Technology Inc reported revenue of $10M and earnings per share (EPS) of $-0.09. Net income for the quarter was $-1M. Gross margin was 22.9%. Revenue grew -8.9% year-over-year compared to FY 2023. Operating income came in at $-1M.

In FY 2023, NetClass Technology Inc reported revenue of $11M and earnings per share (EPS) of $0.01. Net income for the quarter was $162,229. Gross margin was 21.3%. Operating income came in at $386,703.

Over the past 4 quarters, NetClass Technology Inc has experienced revenue contraction from $11M to $10M. Investors analyzing NTCL stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

NTCL Dividend Yield and Income Analysis

NetClass Technology Inc (NTCL) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

NTCL Momentum and Technical Analysis Profile

NetClass Technology Inc (NTCL) has a momentum factor score of 20/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 15/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 69/100 reflects moderate short selling activity.

NTCL vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, NetClass Technology Inc (NTCL) ranks #383 out of 584 stocks based on the Blank Capital composite score. This places NTCL in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing NTCL against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full NTCL vs S&P 500 (SPY) comparison to assess how NetClass Technology Inc stacks up against the broader market across all factor dimensions.

NTCL Next Earnings Date

No upcoming earnings date has been announced for NetClass Technology Inc (NTCL) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy NTCL? — Investment Thesis Summary

The quantitative profile for NetClass Technology Inc suggests caution. The quality score of 31/100 flags below-average profitability. The value score of 6/100 indicates premium valuation. Momentum is weak at 20/100, a headwind for near-term performance. High volatility (stability score 29/100) increases portfolio risk.

In summary, NetClass Technology Inc (NTCL) earns a Reduce rating with a composite score of 26.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on NTCL stock.

Related Resources for NTCL Investors

Explore more research and tools: NTCL vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare NTCL head-to-head with peers: NTCL vs IHS, NTCL vs VRSN, NTCL vs ESE.