KC vs YXT
Kingsoft Cloud Holdings Ltd. and Yxt.com Group Holding Ltd., side by side — 4 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | KC | YXT |
|---|---|---|
| Revenue | CNY 9.6B | CNY 340.2M |
| Net income | CNY -936.3M | CNY -158.9M |
| Gross margin | 15.7% | 68.3% |
| Net margin | −9.9% | −46.7% |
| Return on equity | −12.9% | −105.3% |
| Diluted EPS | −CNY 0.23 | −CNY 0.87 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | · | CNY -147.5M |
| Equity | CNY 9.3B | CNY 74.6M |
| Net debt / equity | 0.04× | −0.87× |
| Current ratio | 1.17× | 0.49× |
| Revenue CAGR 5y | 7.8% | · |
| Profit CAGR 5y | · | · |
KC bills 28.1× the revenue of YXT, and both 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.
4 years side by side
| Fiscal year | KC | YXT |
|---|---|---|
| FY2025 | CNY 9.6B | CNY 340.2M |
| FY2024 | CNY 7.8B | CNY 331.2M |
| FY2023 | CNY 7.0B | CNY 424.0M |
| FY2022 | CNY 8.2B | CNY 430.6M |
Bottom line
| Fiscal year | KC | YXT |
|---|---|---|
| FY2025 | CNY -936.3M | CNY -158.9M |
| FY2024 | CNY -2.0B | CNY -91.8M |
| FY2023 | CNY -2.2B | CNY -220.5M |
| FY2022 | CNY -2.7B | CNY -614.8M |
Standard deviation, each side
YXT's net margin has been more volatile than KC's over the 4 comparable fiscal years — 46.8 percentage points of standard deviation against 9.0.
4 of 8 comparable fiscal years — a year missing data on either side is not counted.
Year by year
KC led in net margin in every one of the 4 comparable fiscal years — a structural lead, not a recent swing.
4 of 8 comparable fiscal years — a year missing data on either side is not counted.