BABA vs KRKR
Alibaba Group Holding Ltd. and 36Kr Holdings Inc., side by side — 9 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | BABA | KRKR |
|---|---|---|
| Revenue | CNY 1.0T | CNY 227.9M |
| Net income | CNY 103.6B | CNY 11.4M |
| Gross margin | 39.8% | 57.7% |
| Net margin | 10.0% | 5.0% |
| Return on equity | 10.0% | 9.3% |
| Diluted EPS | CNY 5.50 | CNY 0.01 |
| Dividend / share | · | · |
| Payout ratio | 32.6% | · |
| Free cash flow | · | CNY 18.9M |
| Equity | CNY 1.1T | CNY 128.8M |
| Net debt / equity | · | · |
| Current ratio | 1.28× | 1.21× |
| Revenue CAGR 5y | 7.4% | −10.0% |
| Profit CAGR 5y | −7.2% | · |
BABA bills 4491.0× the revenue of KRKR, and keeps more of each dollar of revenue as profit (10.0% against 5.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | BABA | KRKR |
|---|---|---|
| FY2025 | CNY 1.0T | CNY 227.9M |
| FY2024 | CNY 996.3B | CNY 231.1M |
| FY2023 | CNY 941.2B | CNY 340.2M |
| FY2022 | CNY 868.7B | CNY 322.5M |
| FY2021 | CNY 853.1B | CNY 316.8M |
| FY2020 | CNY 717.3B | CNY 386.8M |
| FY2019 | CNY 509.7B | CNY 655.6M |
| FY2018 | CNY 376.8B | CNY 299.1M |
| FY2017 | CNY 250.3B | CNY 120.5M |
Bottom line
| Fiscal year | BABA | KRKR |
|---|---|---|
| FY2025 | CNY 103.6B | CNY 11.4M |
| FY2024 | CNY 130.1B | CNY -140.8M |
| FY2023 | CNY 80.0B | CNY -89.2M |
| FY2022 | CNY 72.8B | CNY 22.6M |
| FY2021 | CNY 62.2B | CNY -90.6M |
| FY2020 | CNY 150.6B | CNY -279.3M |
| FY2019 | CNY 149.4B | CNY -25.9M |
| FY2018 | CNY 87.9B | CNY 40.5M |
| FY2017 | CNY 64.1B | CNY 7.9M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CNY 1,023,442,063,000 | BABA |
| FY2024 | +CNY 996,115,930,000 | BABA |
| FY2023 | +CNY 940,827,815,000 | BABA |
| FY2022 | +CNY 868,364,503,000 | BABA |
| FY2021 | +CNY 852,745,221,000 | BABA |
| FY2020 | +CNY 716,902,236,000 | BABA |
| FY2019 | +CNY 509,055,394,000 | BABA |
| FY2018 | +CNY 376,544,907,000 | BABA |
| FY2017 | +CNY 250,145,493,000 | BABA |
BABA has reported the higher revenue in every one of these 9 fiscal years. The gap has widened since the earliest year compared.
9 of 14 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +5.0 pp | BABA |
| FY2024 | +73.6 pp | BABA |
| FY2023 | +33.8 pp | BABA |
| FY2022 | +0.5 pp | BABA |
| FY2021 | +34.1 pp | BABA |
| FY2020 | +92.2 pp | BABA |
| FY2019 | +31.5 pp | BABA |
| FY2018 | +7.7 pp | BABA |
| FY2017 | +18.0 pp | BABA |
BABA has kept the higher net margin in every one of these 9 fiscal years.
9 of 14 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KRKR's net margin has been more volatile than BABA's over the 9 comparable fiscal years — 29.7 percentage points of standard deviation against 7.8.
9 of 14 comparable fiscal years — a year missing data on either side is not counted.
Year by year
BABA led in net margin in every one of the 9 comparable fiscal years — a structural lead, not a recent swing.
9 of 14 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KRKR's return on equity has been more volatile than BABA's over the 6 comparable fiscal years — 30.7 percentage points of standard deviation against 3.9.
6 of 14 comparable fiscal years — a year missing data on either side is not counted.
Year by year
BABA led in return on equity in every one of the 6 comparable fiscal years — a structural lead, not a recent swing.
6 of 14 comparable fiscal years — a year missing data on either side is not counted.