Communication Services -
Advertising Agencies - NASDAQ - CN
$ 2.5
2.04 %
$ 123 M
Market Cap
0.12
P/E
1. INTRINSIC VALUE
Balance Sheet
WiMi Hologram Cloud Inc.
| Current Assets | 2.01 B |
| Cash & Short-Term Investments | 1.92 B |
| Receivables | 41.5 M |
| Other Current Assets | 53.3 M |
| Non-Current Assets | 139 M |
| Long-Term Investments | 11.2 M |
| PP&E | 127 M |
| Other Non-Current Assets | 457 K |
| Current Liabilities | 744 M |
| Accounts Payable | 27.8 M |
| Short-Term Debt | 125 M |
| Other Current Liabilities | 591 M |
| Non-Current Liabilities | 23.3 M |
| Long-Term Debt | 697 K |
| Other Non-Current Liabilities | 22.6 M |
EFFICIENCY
Earnings Waterfall
WiMi Hologram Cloud Inc.
| Revenue | 542 M |
| Cost Of Revenue | 388 M |
| Gross Profit | 154 M |
| Operating Expenses | 183 M |
| Operating Income | -29.1 M |
| Other Expenses | -132 M |
| Net Income | 103 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
WiMi Hologram Cloud Inc.
| Net Income | 103 M |
| Depreciation & Amortization | 7.02 M |
| Capital Expenditures | -28.6 K |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 332 M |
| Others | 433 M |
| Free Cash Flow | 533 M |
Wall Street Analysts Price Targets
WiMi Hologram Cloud Inc.
WIMI has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
WIMI does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
WiMi Hologram Cloud Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
WiMi Turned an Annual Loss into a Significant Profit, with Cash Reserves Reaching a Record High
Beijing, April 22, 2025 (GLOBE NEWSWIRE) -- WiMi Turned an Annual Loss into a Significant Profit, with Cash Reserves Reaching a Record High BEIJING, April 22, 2025/ - WiMi Hologram Cloud Inc. (Nasdaq: WIMI) (“WiMi” or the “Company”), a leading hologram augmented reality (“AR”) technology provider, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (the “SEC”). The company reported that its operation result made a significant turnaround, transitioning from a net loss of around RMB 510.4 million in 2023 to a net income of approximately RMB 103.3 million (USD 14.4 million) in 2024.
globenewswire.com
- 2 months ago
WiMi Files Its Annual Report on Form 20-F
BEIJING , April 22, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading hologram augmented reality ("AR") technology provider, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (the "SEC"). The company reported that its operation result made a significant turnaround, transitioning from a net loss of around RMB 510.4 million in 2023 to a net income of approximately RMB 103.3 million (USD 14.4 million) in 2024.
prnewswire.com
- 2 months ago
WiMi Hologram Cloud Inc. to Hold Extraordinary General Meeting on March 25, 2025
BEIJING , Feb. 24, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading AR services provider in China, today announced that it will (i) terminate the Deposit Agreement dated March 20, 2020, among the Company, JPMorgan Chase Bank N.A. (the "Depositary"), and the holders of American depositary shares (the "ADSs") from time to time, effective April 2, 2025, and (ii) hold its extraordinary general meeting of shareholders (the "EGM") at Room#1508, 4th Building, Zhubang 2000 Business Center, No.
prnewswire.com
- 4 months ago
WiMi Announces the Launch of AI Applications Based on the AI Open-Source Model DeepSeek
BEIJING , Jan. 27, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they are developing a series of innovative AI applications based on the advanced AI open-source model DeepSeek. This move marks WiMi's deep strategic investment and active exploration in the field of artificial intelligence, aiming to integrate DeepSeek's powerful capabilities to provide users with a more intelligent and personalized service experience.
prnewswire.com
- 5 months ago
WiMi Develops FPGA-Based Homogeneous and Heterogeneous Digital Quantum Coprocessors
BEIJING , Jan. 7, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that the development team, by leveraging the flexibility and programmability of FPGAs, has proposed an innovative solution: an FPGA-based digital quantum coprocessor. This solution aims to overcome the limitations of existing quantum hardware and advance the development of quantum computing technology.
prnewswire.com
- 5 months ago
WiMi Develops Quantum Error Mitigation Technology Based on Machine Learning
BEIJING , Dec. 23, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of an innovative solution: Machine Learning-based Quantum Error Suppression Technology (MLQES). This technology not only breaks through the error bottleneck in quantum computing but also demonstrates the potential to enhance the accuracy of quantum circuits through classical control and hybrid computing methods, without requiring additional quantum resources.
prnewswire.com
- 6 months ago
WiMi Develops FPGA-Based Digital Quantum Computer Verification Technology
BEIJING , Dec. 18, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that their R&D team has developed a revolutionary technology — FPGA-based digital quantum computer verification technology. This technology offers a completely new approach to quantum computing by using digital quantum bits, or discrete finite state machines.
prnewswire.com
- 6 months ago
WiMi Develops a New Design Solution for Simulating Quantum Computing Concepts Using FPGA
BEIJING , Dec. 17, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they announced the development of a new design solution based on FPGA to simulate quantum computing concepts, aiming to provide a more practical and feasible approach for quantum computing research and applications. Quantum computing is based on the principles of quantum mechanics and operates using qubits, offering the potential to surpass classical computers in solving certain specific problems.
prnewswire.com
- 6 months ago
WiMi Explores Blockchain-Based Distributed Collaborative Computing
BEIJING , Dec. 11, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they are exploring an innovative solution: a blockchain-based distributed collaborative computing architecture specifically designed for in-vehicle digital twin networks. This architecture cleverly integrates the decentralized nature of blockchain with the simulation and predictive capabilities of digital twins, aiming to address the challenges of resource collaboration and decision-making in the Internet of Vehicles (IoV).
prnewswire.com
- 6 months ago
WiMi Explores a Blockchain Sharding Storage Model for Multi-View Applications
BEIJING , Nov. 27, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they are exploring a blockchain sharding storage model optimized specifically for the storage needs of multi-view data. Sharding storage is an advanced architecture in blockchain technology that divides the blockchain network into multiple independent "shards," with each shard responsible for processing and storing a portion of the data.
prnewswire.com
- 7 months ago
WiMi Researches Consensus Algorithms for Blockchain-based Internet of Things Applications
BEIJING , Nov. 20, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they are actively exploring consensus algorithms for blockchain-based Internet of Things (IoT) applications, aiming to address the compatibility issues between IoT devices and blockchain networks. The consensus algorithm for blockchain-based Internet of Things applications can be dynamically adjusted based on the specific requirements of the IoT.
prnewswire.com
- 7 months ago
WiMi Developed a Decentralized Cloud Manufacturing Model Based on Blockchain(BC)
BEIJING , Nov. 11, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, has developed a decentralized cloud manufacturing model based on blockchain (BC), called Decentralized Cloud Manufacturing Application (DCMApp). DCMApp utilizes the decentralized and immutable nature of blockchain to facilitate protocol and communication between resource providers and clients through blockchain-based smart contracts (SC).
prnewswire.com
- 7 months ago
8. Profile
Summary
WiMi Hologram Cloud Inc. WIMI
COUNTRY
CN
INDUSTRY
Advertising Agencies
MARKET CAP
$ 123 M
Dividend Yield
0.00%
Description
WiMi Hologram Cloud Inc. provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising Services, AR Entertainment, and Semiconductor Related Products and Services. The company primarily offers holographic AR advertising services and holographic AR entertainment products. Its holographic AR advertising software enables users to insert into video footages real or animated three-dimensional objects; and online holographic AR advertising solution embeds holographic AR ads into films and shows. The company's holographic AR entertainment products consist primarily of payment middleware software, game distribution platform, and holographic mixed reality software. In addition, it engages in the provision of central processing algorithm services, and provides computer chip products to enterprise customers, as well as sells comprehensive solutions for central processing algorithms and related services with software and hardware integration. Further, the company's holographic AR technologies are used in software engineering, content production, cloud, and big data. WiMi Hologram Cloud Inc. was founded in 2015 and is headquartered in Beijing, the People's Republic of China.
Contact
Building A, Room no. 2002, Beijing, 100020
https://www.wimiar.com
IPO
Date
April 1, 2020
Employees
107
Officers
Mr. Yanghua Yang
General Manager of Investment Department
Mr. Chengwei Yi
Chief Executive Officer of VIYI Technology Inc
Mr. Jie Zhao
Founder & Chairman
Mr. Songrui Guo
Chief Technology Officer & Director
Mr. Shuo Shi
Chief Executive & Operations Officer and Director
Mr. Guanghui Zheng
Chief Financial Officer