KC vs MOMO
Kingsoft Cloud Holdings Ltd. and Hello Group Inc., side by side — 8 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | KC | MOMO |
|---|---|---|
| Revenue | CNY 9.6B | CNY 10.4B |
| Net income | CNY -936.3M | CNY 804.0M |
| Gross margin | 15.7% | 37.8% |
| Net margin | −9.9% | 7.8% |
| Return on equity | −12.9% | 7.1% |
| Diluted EPS | −CNY 0.23 | CNY 2.37 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | · | CNY 690.6M |
| Equity | CNY 9.3B | · |
| Net debt / equity | 0.04× | −0.48× |
| Current ratio | 1.17× | 4.68× |
| Revenue CAGR 5y | 7.8% | −7.2% |
| Profit CAGR 5y | · | −17.5% |
KC and MOMO book revenue within 15% of each other, and KC closed the last reported year at a loss.
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.
8 years side by side
| Fiscal year | KC | MOMO |
|---|---|---|
| FY2025 | CNY 9.6B | CNY 10.4B |
| FY2024 | CNY 7.8B | CNY 10.6B |
| FY2023 | CNY 7.0B | CNY 12.0B |
| FY2022 | CNY 8.2B | CNY 12.7B |
| FY2021 | CNY 9.1B | CNY 14.6B |
| FY2020 | CNY 6.6B | CNY 15.0B |
| FY2019 | CNY 4.0B | CNY 17.0B |
| FY2018 | CNY 2.2B | CNY 13.4B |
Bottom line
| Fiscal year | KC | MOMO |
|---|---|---|
| FY2025 | CNY -936.3M | CNY 804.0M |
| FY2024 | CNY -2.0B | CNY 1.0B |
| FY2023 | CNY -2.2B | CNY 2.0B |
| FY2022 | CNY -2.7B | CNY 1.5B |
| FY2021 | CNY -1.6B | CNY -2.9B |
| FY2020 | CNY -962.3M | CNY 2.1B |
| FY2019 | CNY -1.1B | CNY 3.0B |
| FY2018 | CNY -1.0B | CNY 2.8B |
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −CNY 808,477,000 | MOMO |
| FY2024 | −CNY 2,777,791,000 | MOMO |
| FY2023 | −CNY 4,954,862,000 | MOMO |
| FY2022 | −CNY 4,524,065,000 | MOMO |
| FY2021 | −CNY 5,514,935,000 | MOMO |
| FY2020 | −CNY 8,446,881,000 | MOMO |
| FY2019 | −CNY 13,058,736,000 | MOMO |
| FY2018 | −CNY 11,190,249,000 | MOMO |
MOMO has reported the higher revenue in every one of these 8 fiscal years. The gap has narrowed since the earliest year compared.
8 of 13 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −17.7 pp | MOMO |
| FY2024 | −35.3 pp | MOMO |
| FY2023 | −47.2 pp | MOMO |
| FY2022 | −44.5 pp | MOMO |
| FY2021 | +2.5 pp | KC |
| FY2020 | −28.6 pp | MOMO |
| FY2019 | −45.5 pp | MOMO |
| FY2018 | −66.2 pp | MOMO |
The higher net margin has changed hands between KC and MOMO over this period.
8 of 13 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MOMO's net margin has been more volatile than KC's over the 8 comparable fiscal years — 11.9 percentage points of standard deviation against 10.7.
8 of 13 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between KC and MOMO over these 8 fiscal years — KC led in 1 and MOMO in 7.
8 of 13 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MOMO's return on equity has been more volatile than KC's over the 5 comparable fiscal years — 14.3 percentage points of standard deviation against 7.4.
5 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between KC and MOMO over these 5 fiscal years — KC led in 1 and MOMO in 4.
5 of 11 comparable fiscal years — a year missing data on either side is not counted.