SKYX Platforms (NASDAQ:SKYX) & CCSC Technology International (NASDAQ:CCTG) Financial Analysis

CCSC Technology International (NASDAQ:CCTG) and SKYX Platforms (NASDAQ:SKYX) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, dividends, risk, profitability and institutional ownership.

Insider & Institutional Ownership

11.8% of SKYX Platforms shares are owned by institutional investors. 37.2% of SKYX Platforms shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

This table compares CCSC Technology International and SKYX Platforms’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CCSC Technology International	N/A	N/A	N/A
SKYX Platforms	-67.61%	-260.83%	-57.62%

Earnings and Valuation

This table compares CCSC Technology International and SKYX Platforms’ revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CCSC Technology International	N/A	N/A	N/A	N/A	N/A
SKYX Platforms	$58.79 million	1.40	-$39.73 million	($0.46)	-1.85

CCSC Technology International has higher earnings, but lower revenue than SKYX Platforms.

Analyst Ratings

This is a summary of recent recommendations for CCSC Technology International and SKYX Platforms, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CCSC Technology International	0	0	0	0	N/A
SKYX Platforms	0	0	1	0	3.00

SKYX Platforms has a consensus price target of $5.00, suggesting a potential upside of 488.24%. Given SKYX Platforms’ higher probable upside, analysts plainly believe SKYX Platforms is more favorable than CCSC Technology International.

Summary

SKYX Platforms beats CCSC Technology International on 5 of the 8 factors compared between the two stocks.

About CCSC Technology International

CCSC Technology International Holdings Limited, through its subsidiaries, manufactures and sells interconnect products in Asia, Europe, and the Americas. It offers original equipment manufacturer and original design manufacture interconnect products, including connectors, cables, and wire harnesses used for a range of applications in various industries, such as industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products. The company was founded in 1993 and is headquartered in Sha Tin, Hong Kong. CCSC Technology International Holdings Limited operates as a subsidiary of CCSC Investment Limited.

About SKYX Platforms

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. It also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is based in Pompano Beach, Florida.