WIMINasdaqServices-Prepackaged SoftwareFiscal year ends December 31
WiMi Hologram Cloud Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 24, 2026
$0.53+0.03 (+5.19%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
25.8%+3.7 pts over 5 years
Operating margin
-9.2%+10.9 pts over 5 years
Net margin
73.2%+93.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -22.1% | -14.8% | -11.2% | – | |
| Gross profit | -29.2% | -8.7% | -8.4% | – | |
| Net income | +331.7% | – | – | – | |
| EPS, diluted | +118.5% | – | – | – | |
| Free cash flow | -89.6% | – | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -21.3% | 19.3% | |
| Return on assets | – | -17.4% | 10.7% | |
| Current ratio | – | 4.66 | 3.82 | |
| Interest coverage | – | -1754.1× | – | |
| Inventory turnover | – | – | – | |
| Capex to revenue | – | 0.1% | 13.9% | |
| Diluted shares | – | 6M | 19M |
Where the cash went
Fiscal 2021 to 2025, five years combined
WiMi Hologram Cloud generated CN¥1.07B from operations and spent CN¥153.12M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
CN¥1.07B
Used
CN¥153.12M
Capital expenditureCN¥153.12M100%DividendsCN¥00%Share buybacksCN¥00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin73.2%
×Asset turnover0.15×
×Equity multiplier1.80×
=Return on equity, FY202519.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 73.2% | 0.15× | 1.80× | 19.3% |
| FY2024 | 13.2% | 0.34× | 1.82× | 8.2% |
| FY2023 | -72.0% | 0.51× | 1.27× | -46.7% |
| FY2022 | -52.4% | 0.49× | 1.19× | -30.9% |
| FY2021 | -25.3% | 0.70× | 1.18× | -20.9% |
| FY2020 | -19.7% | 0.88× | 1.22× | -21.3% |
| FY2019 | 32.0% | 0.55× | 1.58× | 27.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zeroCN¥309.25M
- Cash generatingOperating cash flow above zeroCN¥117.73M
- Return on assets improvedROA up on the prior year6.9% → 14.4%
- Earnings backed by cashOperating cash flow above net incomeCN¥117.73M vs CN¥309.25M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.71 → 3.82
- No dilutionShare count did not rise10M → 19M
- Gross margin improvedGross margin up on the prior year28.41% → 25.81%
- More efficientAsset turnover rose0.53 → 0.20