WIMI on Nasdaq
WiMi Hologram Cloud Inc.
WiMi Hologram Cloud Inc. is a prepackaged software services company based in Beijing, Cayman Islands.2
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Last updated Oct 21, 2026.
Overview
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- TickerWIMI on Nasdaq2
- IndustryServices-Prepackaged Software2
- HeadquartersBeijing, China2
- Incorporated inCayman Islands4
- Business addressNo. 6 Xiaozhuang, Beijing4
- Filer categoryNon-accelerated filer4
- Legal formexempt company2
- LEI25490023IKJN5F1FKH372
- StatusActive2
- LEI statusIssued and current2
- Registered addressc/o MAPLES CORPORATE SERVICES LIMITED, KY1-1104 George Town, Cayman Islands2
- Registered withGeneral Registry, 3411482
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August 20, 2015 and Shenzhen Kuxuanyou Technology Co., Ltd., or Shenzhen Kuxuanyou on August 26, 2015.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Online ARAdvertising Services brought in 50% of the revenue WiMi Hologram Cloud Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Online ARAdvertising Services | 571.8M CNY | 541.9M CNY | 422.2M CNY |
| Service | 571.8M CNY | 541.9M CNY | 422.2M CNY |
Regions
China brought in 34% of the revenue WiMi Hologram Cloud Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| China | 543.0M CNY | 415.2M CNY | 284.9M CNY |
| Mainland PRCRevenues | 543.0M CNY | 415.2M CNY | 284.9M CNY |
| HKMember | 32.3M CNY | 126.7M CNY | 137.3M CNY |
| Hong Kong Revenues | 32.3M CNY | 126.7M CNY | 137.3M CNY |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue45¢$44.6M
- Research and development9¢$9.0M
- Income tax1¢$1.0M
- Profit45¢$44.0M
Out of $60.1M in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending50¢$8.4M
- Kept or used elsewhere50¢$8.4M
Out of $16.7M of cash from operations.3
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total operating revenues | 422.2M CNY | 541.9M CNY | 585.4M CNY |
| COST OF REVENUES | -313.3M CNY | -387.9M CNY | -411.7M CNY |
| GROSS PROFIT | 109.0M CNY | 154.0M CNY | 173.7M CNY |
| Selling expenses | -2.2M CNY | -2.3M CNY | -3.6M CNY |
| General and administrative expenses | -23.6M CNY | -34.2M CNY | -157.1M CNY |
| Research and development expenses | -63.3M CNY | -111.7M CNY | -171.1M CNY |
| (Reversal of) provision for credit losses | -21.6M CNY | 1.1M CNY | -9.7M CNY |
| Stock compensation expenses | -22.1M CNY | -55.7M CNY | |
| Impairment loss for goodwill | -243.3M CNY | ||
| Impairment loss for long-lived assets | -14.8M CNY | -35.8M CNY | -5.5M CNY |
| Impairment loss from long-term investment | -157.4K CNY | -144.9M CNY | |
| Total operating expenses | -147.6M CNY | -183.1M CNY | -790.8M CNY |
| LOSS FROM OPERATIONS | -38.6M CNY | -29.1M CNY | -617.1M CNY |
| Investment income (loss) | 395.5M CNY | -34.5M CNY | 52.7M CNY |
| Interest income | 2.5M CNY | 163.9M CNY | 13.7M CNY |
| Finance expenses, net | -13.2M CNY | -1.1M CNY | -1.0M CNY |
| Other income, net | -4.0M CNY | 10.7M CNY | 1.2M CNY |
| Gain from disposal of subsidiary | 12.3M CNY | 37.6M CNY | |
| Total other income, net | 393.1M CNY | 139.0M CNY | 104.2M CNY |
| (LOSS) INCOME BEFORE INCOME TAXES | 354.4M CNY | 109.9M CNY | -512.9M CNY |
| Current | -7.3M CNY | -6.0M CNY | -140.0K CNY |
| Deferred | 2.7K CNY | -547.5K CNY | 2.7M CNY |
| Income tax credit (expense) | -7.3M CNY | -6.6M CNY | 2.5M CNY |
| NET (LOSS) INCOME | 347.1M CNY | 103.3M CNY | -510.4M CNY |
| Less: Net (loss) income attributable to non-controlling interests | 37.9M CNY | 31.7M CNY | -89.2M CNY |
| NET (LOSS) INCOME ATTRIBUTABLE TO WIMI HOLOGRAM CLOUD, INC. | 309.2M CNY | 71.6M CNY | -421.2M CNY |
| Foreign currency translation adjustment | -93.6M CNY | -51.4M CNY | 66.9M CNY |
| COMPREHENSIVE (LOSS) INCOME | 253.5M CNY | 51.9M CNY | -443.5M CNY |
| Less: Comprehensive (loss) income attributable to non-controlling interests | 14.5M CNY | 34.1M CNY | -89.3M CNY |
| COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO WIMI HOLOGRAM CLOUD, INC. | 239.1M CNY | 17.8M CNY | -354.1M CNY |
| Basic (in Shares) | 13.6M shares | 9.8M shares | 8.7M shares |
| Diluted (in Shares) | 19.4M shares | 9.8M shares | 8.7M shares |
| Basic (in Dollars per share and Yuan Renminbi per share) | 22.74 CNY | 7.29 CNY | -48.28 CNY |
| Diluted (in Dollars per share and Yuan Renminbi per share) | 15.93 CNY | 7.29 CNY | -48.28 CNY |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 1.3B CNY | 1.1B CNY | 338.2M CNY | |
| Short-term investments | 2.1B CNY | 847.9M CNY | ||
| Accounts receivable, net | 43.6M CNY | 23.7M CNY | ||
| Prepaid services fees | 77.1M CNY | 53.3M CNY | ||
| Other receivables and prepaid expenses, net | 25.3M CNY | 17.8M CNY | ||
| Total current assets | 3.5B CNY | 2.0B CNY | ||
| Property and equipment, net | 72.8M CNY | 125.8M CNY | ||
| Long-term investments | 11.2M CNY | 11.2M CNY | ||
| Prepaid expenses and deposits | 16.5K CNY | |||
| Deferred tax assets | 443.1K CNY | 440.3K CNY | ||
| Operating lease right-of-use assets | 918.0K CNY | 1.6M CNY | ||
| Total non-current assets | 85.4M CNY | 139.1M CNY | ||
| TOTAL ASSETS | 3.6B CNY | 2.2B CNY | ||
| Accounts payable | 35.1M CNY | 27.8M CNY | ||
| Deferred revenues | 7.3M CNY | 3.6M CNY | ||
| Other payables and accrued liabilities | 644.6M CNY | 572.9M CNY | ||
| Bank loans | 30.0M CNY | 15.0M CNY | ||
| Operating lease liabilities - current | 684.0K CNY | 803.6K CNY | ||
| Convertible notes payable | 184.7M CNY | 109.1M CNY | ||
| Taxes payable | 18.7M CNY | 14.9M CNY | ||
| Total current liabilities | 921.0M CNY | 744.1M CNY | ||
| Operating lease liabilities - noncurrent | 240.9K CNY | 696.5K CNY | ||
| Total other liabilities | 22.8M CNY | 23.3M CNY | ||
| Total liabilities | 943.9M CNY | 767.4M CNY | ||
| Additional paid-in capital | 2.8B CNY | 1.8B CNY | ||
| Accumulative deficit | -554.7M CNY | -863.7M CNY | ||
| Statutory reserves | 20.9M CNY | 20.7M CNY | ||
| Accumulated other comprehensive income (loss) | -64.5M CNY | 5.6M CNY | ||
| Total shareholders equity | 2.2B CNY | 999.2M CNY | ||
| NONCONTROLLING INTERESTS | 455.4M CNY | 385.8M CNY | ||
| Total equity | 2.7B CNY | 1.4B CNY | 761.5M CNY | 1.1B CNY |
| Total liabilities and shareholders equity | 3.6B CNY | 2.2B CNY |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 1.3B CNY | 1.1B CNY | 338.2M CNY | |
| Short-term investments | 2.1B CNY | 847.9M CNY | ||
| Accounts receivable, net | 43.6M CNY | 23.7M CNY | ||
| Prepaid services fees | 77.1M CNY | 53.3M CNY | ||
| Other receivables and prepaid expenses, net | 25.3M CNY | 17.8M CNY | ||
| Total current assets | 3.5B CNY | 2.0B CNY | ||
| Property and equipment, net | 72.8M CNY | 125.8M CNY | ||
| Long-term investments | 11.2M CNY | 11.2M CNY | ||
| Prepaid expenses and deposits | 16.5K CNY | |||
| Deferred tax assets | 443.1K CNY | 440.3K CNY | ||
| Operating lease right-of-use assets | 918.0K CNY | 1.6M CNY | ||
| Total non-current assets | 85.4M CNY | 139.1M CNY | ||
| TOTAL ASSETS | 3.6B CNY | 2.2B CNY | ||
| Accounts payable | 35.1M CNY | 27.8M CNY | ||
| Deferred revenues | 7.3M CNY | 3.6M CNY | ||
| Other payables and accrued liabilities | 644.6M CNY | 572.9M CNY | ||
| Bank loans | 30.0M CNY | 15.0M CNY | ||
| Operating lease liabilities - current | 684.0K CNY | 803.6K CNY | ||
| Convertible notes payable | 184.7M CNY | 109.1M CNY | ||
| Taxes payable | 18.7M CNY | 14.9M CNY | ||
| Total current liabilities | 921.0M CNY | 744.1M CNY | ||
| Operating lease liabilities - noncurrent | 240.9K CNY | 696.5K CNY | ||
| Total other liabilities | 22.8M CNY | 23.3M CNY | ||
| Total liabilities | 943.9M CNY | 767.4M CNY | ||
| Additional paid-in capital | 2.8B CNY | 1.8B CNY | ||
| Accumulative deficit | -554.7M CNY | -863.7M CNY | ||
| Statutory reserves | 20.9M CNY | 20.7M CNY | ||
| Accumulated other comprehensive income (loss) | -64.5M CNY | 5.6M CNY | ||
| Total shareholders equity | 2.2B CNY | 999.2M CNY | ||
| NONCONTROLLING INTERESTS | 455.4M CNY | 385.8M CNY | ||
| Total equity | 2.7B CNY | 1.4B CNY | 761.5M CNY | 1.1B CNY |
| Total liabilities and shareholders equity | 3.6B CNY | 2.2B CNY |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net (loss) income | 347.1M CNY | 103.3M CNY | -510.4M CNY |
| Depreciation and amortization | 5.0M CNY | 6.0M CNY | 1.3M CNY |
| (Reversal of) allowance for credit losses | 21.6M CNY | -4.9M CNY | -81.4M CNY |
| Stock compensation expenses | 22.1M CNY | 55.7M CNY | |
| Deferred tax assets | -2.7K CNY | 547.5K CNY | -2.7M CNY |
| Loss/(gain) from short-term investment-unrealized | -395.5M CNY | 38.7M CNY | |
| Loss from disposal of property and equipment | 1.9K CNY | ||
| Loss/(gain) from disposal of subsidiary | -12.3M CNY | 54.7M CNY | |
| Loss/(gain) from long-term investments | -14.7K CNY | 294.8K CNY | 89.2M CNY |
| Amortization of operating lease right-of-use assets | 1.2M CNY | 1.0M CNY | 940.0K CNY |
| Impairment loss for goodwill | 243.3M CNY | ||
| Impairment loss from long-lived assets | 14.8M CNY | 35.8M CNY | 5.5M CNY |
| Accounts receivables | -19.9M CNY | 7.5K CNY | 86.0M CNY |
| Inventories | 2.4M CNY | ||
| Prepaid services fees | 51.1M CNY | ||
| Other receivables and prepaid expenses | -10.4M CNY | -8.9M CNY | -5.4M CNY |
| Prepaid expenses and deposits | 4.6M CNY | -4.6M CNY | |
| Accounts payable | 8.5M CNY | -2.3M CNY | 4.9M CNY |
| Other payables and accrued liabilities | 122.1M CNY | 347.7M CNY | 148.3M CNY |
| Deferred revenues | 3.7M CNY | -6.8M CNY | -833.1K CNY |
| Operating lease liabilities | -1.1M CNY | -979.4K CNY | -1.2M CNY |
| Taxes payable | 6.2M CNY | 7.4M CNY | 2.0M CNY |
| Net cash provided by operating activities | 117.7M CNY | 567.2M CNY | 88.6M CNY |
| Sale of long-term investments | 160.5M CNY | ||
| Purchases of property and equipment | -58.7M CNY | -28.6K CNY | -68.1M CNY |
| Purchases of short-term investments | -1.5B CNY | -1.1B CNY | -687.4M CNY |
| Redemption of short-term investments | 666.3M CNY | 658.6M CNY | 290.2M CNY |
| Cash received from disposal of subsidiary | 3.0M CNY | ||
| Net cash used in investing activities | -875.1M CNY | -451.0M CNY | -304.7M CNY |
| Proceeds from short-term loan banking facility | 30.0M CNY | 18.1M CNY | 7.1M CNY |
| Payments to bank loans | -15.0M CNY | -16.6M CNY | |
| Proceeds from related party loans | 4.3M CNY | 18.1K CNY | |
| Repayments to related party loans | -18.8M CNY | -3.2M CNY | |
| Cash received from security issuance | 863.9M CNY | 20.6M CNY | |
| Cash received from convertible notes issuance | 258.7M CNY | 660.0M CNY | |
| Net cash provided by financing activities | 1.1B CNY | 667.6M CNY | 3.9M CNY |
| EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS | -136.7M CNY | -51.4M CNY | -22.3M CNY |
| CHANGE IN CASH AND CASH EQUIVALENTS | 243.5M CNY | 732.3M CNY | -234.6M CNY |
| Cash paid for income taxes | 16.0K CNY | 464.5K CNY | 241.3K CNY |
| Cash paid for interest | 759.4K CNY | 759.5K CNY | 736.0K CNY |
| Operating lease right-of-use assets obtained in exchange for Operating lease liabilities - current | 1.2M CNY | ||
| Shares converted from convertible notes payable | 963.8M CNY | 547.9M CNY |
No quarter-by-quarter statement was filed.
Corporate structure
WiMi Hologram Cloud Inc. sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of WiMi Hologram Cloud Inc.
- Jie J. Zhao Filed SCHEDULE 13G/A on WiMi Hologram Cloud Inc., latest Sep 8, 2026
- Sensefuture Holdings Ltd Filed SC 13G/A on WiMi Hologram Cloud Inc., latest Jan 24, 2022
- WiMi Hologram Cloud Inc. Beijing, China
- MicroAlgo Inc. Stake · New York, New York
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.
What it owns
What WiMi Hologram Cloud Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $16.8M3 Dec 31, 2025 | $24.0M11 Dec 31, 2024 | −30.0% |
| Accumulated depreciation | $1.5M3 Dec 31, 2025 | $1.5M11 Dec 31, 2024 | +0.2% |
| Property and equipment, net | $10.4M3 Dec 31, 2025 | $17.5M11 Dec 31, 2024 | −40.8% |
| Operating-lease assets (leased space) | $130.6K3 Dec 31, 2025 | $219.9K11 Dec 31, 2024 | −40.6% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $186.9M3 Dec 31, 2025 | $148.9M11 Dec 31, 2024 | +25.5% |
| Marketable securities, current | $293.5M3 Dec 31, 2025 | $118.0M11 Dec 31, 2024 | +148.8% |
| Stakes in other companies (equity method) | $1.6M3 Dec 31, 2025 | $1.6M11 Dec 31, 2024 | +2.4% |
| Deposits held (banks) | $71.1K3 Dec 31, 2025 |
Intangibles and goodwill
Leadership
Who has led WiMi Hologram Cloud Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerShuo Shi May 8, 2026 to now12
- Chief financial officerGuanghui Zheng May 22, 2026 to now13
Board members and other officers (3)
- Board memberHarriet Ywan May 8, 2026 to now14
- Board memberShuo Shi May 8, 2026 to now12
- Board memberEthan Yang May 15, 2026 to now15
Timeline
Filings
69 filings to the SEC since October 2021: 5 annual reports, 6 insider forms, 2 large holders, 56 other. The latest 20:
- Sep 17, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 8, 2026SCHEDULE 13G/A EDGAR
- May 22, 20263 EDGAR
- May 15, 20263 EDGAR
- May 8, 20263 EDGAR
- May 8, 20263 EDGAR
- May 8, 20263 EDGAR
- May 8, 20263 EDGAR
- Apr 24, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 24, 202620-F ANNUAL REPORT EDGAR
- Apr 3, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Oct 24, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 26, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jun 20, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- May 23, 2025424B5 PROSPECTUS SUPPLEMENT EDGAR
- May 23, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 30, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 22, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 22, 202520-F ANNUAL REPORT EDGAR
- Apr 10, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
The 69 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Jie J. ZhaoSCHEDULE 13G/A, 1 filing Sep 8, 202616
- Sensefuture Holdings LtdSC 13G/A, 1 filing Jan 24, 202217
Stakes it holds
WiMi Hologram Cloud Inc. has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).
- MicroAlgo Inc.SCHEDULE 13D/A Jan 5, 2023 to Mar 27, 202518
SEC filer profile
How WiMi Hologram Cloud Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARWiMi Hologram Cloud Inc.1
- CIK0001770088
- Filer statusNon-accelerated filer not an emerging growth company; not a shell company5
- Incorporated inCayman Islands5
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business addressNo. 6 Xiaozhuang, Beijing, China1
- Phone8610533849131
- Shares outstanding1,005,778 Common Class A shares; 17,379,276 Common Class B shares as of Dec 31, 20255
- AuditorONESTOP ASSURANCE PAC, Singapore PCAOB ID 6732; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceMar 15, 20191
- Filings152 in all: 6-K (54), CORRESP (16), UPLOAD (14), 20-F (7), 3 (7), EFFECT (6), F-1/A (6), DRSLTR (4)1
All 30 form types
424B4 (3), DRS (3), DRS/A (3), F-1 (3), S-8 (3), SC 13G (3), F-1MEF (2), F-3 (2), F-3/A (2), FWP (2), 424B5 (1), 8-A12B (1), CERT (1), F-6 (1), F-6/A (1), F-6EF (1), NT 20-F (1), SC 13D (1), SC 13D/A (1), SC 13G/A (1), SCHEDULE 13D/A (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (20-F) Apr 24, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class B ordinary shares, par value US$0.002 per share | WIMI | NASDAQ |
From the cover page of the 20-F filed Apr 24, 2026 (Section 12(b) of the Exchange Act).5
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12SEC EDGARShuo Shi, Chief executive officer
- 13
- 14SEC EDGARHarriet Ywan, Board member
- 15SEC EDGAREthan Yang, Board member
- 16
- 17
- 18