KC vs WIMI
Kingsoft Cloud Holdings Ltd. and WiMi Hologram Cloud Inc., side by side — 8 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | KC | WIMI |
|---|---|---|
| Revenue | CNY 9.6B | CNY 422.2M |
| Net income | CNY -936.3M | CNY 309.2M |
| Gross margin | 15.7% | 25.8% |
| Net margin | −9.9% | 82.2% |
| Return on equity | −12.9% | 19.3% |
| Diluted EPS | −CNY 0.23 | CNY 15.93 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | · | CNY 59.0M |
| Equity | CNY 9.3B | CNY 2.2B |
| Net debt / equity | 0.04× | −0.58× |
| Current ratio | 1.17× | 3.82× |
| Revenue CAGR 5y | 7.8% | −11.2% |
| Profit CAGR 5y | · | · |
KC bills 22.6× the revenue of WIMI, 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 | WIMI |
|---|---|---|
| FY2025 | CNY 9.6B | CNY 422.2M |
| FY2024 | CNY 7.8B | CNY 541.9M |
| FY2023 | CNY 7.0B | CNY 585.4M |
| FY2022 | CNY 8.2B | CNY 682.3M |
| FY2021 | CNY 9.1B | CNY 933.8M |
| FY2020 | CNY 6.6B | CNY 766.0M |
| FY2019 | CNY 4.0B | CNY 319.2M |
| FY2018 | CNY 2.2B | CNY 225.3M |
Bottom line
| Fiscal year | KC | WIMI |
|---|---|---|
| FY2025 | CNY -936.3M | CNY 309.2M |
| FY2024 | CNY -2.0B | CNY 71.6M |
| FY2023 | CNY -2.2B | CNY -421.2M |
| FY2022 | CNY -2.7B | CNY -357.7M |
| FY2021 | CNY -1.6B | CNY -236.0M |
| FY2020 | CNY -962.3M | CNY -151.2M |
| FY2019 | CNY -1.1B | CNY 102.2M |
| FY2018 | CNY -1.0B | CNY 89.2M |
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CNY 9,136,373,589 | KC |
| FY2024 | +CNY 7,243,255,345 | KC |
| FY2023 | +CNY 6,462,095,063 | KC |
| FY2022 | +CNY 7,497,814,021 | KC |
| FY2021 | +CNY 8,126,992,481 | KC |
| FY2020 | +CNY 5,811,293,414 | KC |
| FY2019 | +CNY 3,637,171,576 | KC |
| FY2018 | +CNY 1,992,900,436 | KC |
KC has reported the higher revenue in every one of these 8 fiscal years. The gap has widened since the earliest year compared.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −92.1 pp | WIMI |
| FY2024 | −44.5 pp | WIMI |
| FY2023 | +56.2 pp | KC |
| FY2022 | +22.4 pp | KC |
| FY2021 | +9.7 pp | KC |
| FY2020 | +4.3 pp | KC |
| FY2019 | −60.1 pp | WIMI |
| FY2018 | −85.0 pp | WIMI |
The higher net margin has changed hands between KC and WIMI over this period.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WIMI's net margin has been more volatile than KC's over the 8 comparable fiscal years — 51.8 percentage points of standard deviation against 10.7.
8 of 9 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 WIMI over these 8 fiscal years — KC led in 4 and WIMI in 4.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WIMI's return on equity has been more volatile than KC's over the 5 comparable fiscal years — 24.5 percentage points of standard deviation against 7.4.
5 of 9 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 WIMI over these 5 fiscal years — KC led in 3 and WIMI in 2.
5 of 9 comparable fiscal years — a year missing data on either side is not counted.