vs

Side-by-side financial comparison of Cheer Holding, Inc. (CHR) and National Healthcare Properties, Inc. (NHPAP). Click either name above to swap in a different company.

National Healthcare Properties, Inc. is the larger business by last-quarter revenue ($84.5M vs $71.0M, roughly 1.2× Cheer Holding, Inc.). Cheer Holding, Inc. runs the higher net margin — 10.9% vs -27.0%, a 37.9% gap on every dollar of revenue. On growth, Cheer Holding, Inc. posted the faster year-over-year revenue change (-0.1% vs -3.7%).

Cheer Holding, Inc. is a diversified holding company primarily operating in the Chinese market, with core business segments covering early childhood education services, mobile lifestyle platforms, digital content offerings, and integrated consumer solutions for households and enterprise partners across multiple demand scenarios.

Primary Health Properties plc is a British real estate investment company headquartered in London, England. As of June 2025, the company owns and operates more than 500 primary healthcare facilities within the United Kingdom and Ireland. It is listed on the London Stock Exchange and is also a constituent of the FTSE 250 Index.

CHR vs NHPAP — Head-to-Head

Bigger by revenue
NHPAP
NHPAP
1.2× larger
NHPAP
$84.5M
$71.0M
CHR
Growing faster (revenue YoY)
CHR
CHR
+3.6% gap
CHR
-0.1%
-3.7%
NHPAP
Higher net margin
CHR
CHR
37.9% more per $
CHR
10.9%
-27.0%
NHPAP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
CHR
CHR
NHPAP
NHPAP
Revenue
$71.0M
$84.5M
Net Profit
$7.8M
$-22.8M
Gross Margin
70.7%
36.5%
Operating Margin
11.7%
-7.8%
Net Margin
10.9%
-27.0%
Revenue YoY
-0.1%
-3.7%
Net Profit YoY
-37.5%
-33.9%
EPS (diluted)
$0.67
$-0.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHR
CHR
NHPAP
NHPAP
Q4 25
$84.5M
Q3 25
$86.0M
Q2 25
$71.0M
$85.3M
Q1 25
$86.4M
Q4 24
$87.7M
Q3 24
$88.9M
Q2 24
$71.1M
$88.8M
Q1 24
$88.3M
Net Profit
CHR
CHR
NHPAP
NHPAP
Q4 25
$-22.8M
Q3 25
$-12.5M
Q2 25
$7.8M
$-20.8M
Q1 25
$-1.5M
Q4 24
$-17.0M
Q3 24
$-40.8M
Q2 24
$12.4M
$-116.9M
Q1 24
$-15.6M
Gross Margin
CHR
CHR
NHPAP
NHPAP
Q4 25
36.5%
Q3 25
37.4%
Q2 25
70.7%
36.9%
Q1 25
33.4%
Q4 24
37.4%
Q3 24
36.6%
Q2 24
73.4%
38.1%
Q1 24
37.5%
Operating Margin
CHR
CHR
NHPAP
NHPAP
Q4 25
-7.8%
Q3 25
2.8%
Q2 25
11.7%
-6.5%
Q1 25
15.1%
Q4 24
-1.2%
Q3 24
-23.5%
Q2 24
16.4%
-113.1%
Q1 24
-1.3%
Net Margin
CHR
CHR
NHPAP
NHPAP
Q4 25
-27.0%
Q3 25
-14.6%
Q2 25
10.9%
-24.4%
Q1 25
-1.8%
Q4 24
-19.4%
Q3 24
-45.8%
Q2 24
17.5%
-131.6%
Q1 24
-17.6%
EPS (diluted)
CHR
CHR
NHPAP
NHPAP
Q4 25
$-0.92
Q3 25
$-0.56
Q2 25
$0.67
$-0.85
Q1 25
$-0.18
Q4 24
$-0.72
Q3 24
$-1.56
Q2 24
$1.23
$-4.24
Q1 24
$-0.67

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHR
CHR
NHPAP
NHPAP
Cash + ST InvestmentsLiquidity on hand
$57.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$322.1M
$600.1M
Total Assets
$362.7M
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHR
CHR
NHPAP
NHPAP
Q4 25
$57.6M
Q3 25
$47.1M
Q2 25
$47.1M
Q1 25
$71.4M
Q4 24
$21.7M
Q3 24
$32.9M
Q2 24
$186.1M
$29.5M
Q1 24
$28.7M
Stockholders' Equity
CHR
CHR
NHPAP
NHPAP
Q4 25
$600.1M
Q3 25
$627.2M
Q2 25
$322.1M
$647.0M
Q1 25
$674.6M
Q4 24
$684.6M
Q3 24
$702.6M
Q2 24
$286.1M
$756.7M
Q1 24
$877.7M
Total Assets
CHR
CHR
NHPAP
NHPAP
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
$362.7M
$1.8B
Q1 25
$1.8B
Q4 24
$1.9B
Q3 24
$2.0B
Q2 24
$333.2M
$2.1B
Q1 24
$2.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHR
CHR
NHPAP
NHPAP
Operating Cash FlowLast quarter
$3.9M
$7.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.51×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHR
CHR
NHPAP
NHPAP
Q4 25
$7.0M
Q3 25
$10.2M
Q2 25
$3.9M
$8.1M
Q1 25
$-21.2M
Q4 24
$-79.8M
Q3 24
$-95.2M
Q2 24
$-6.7M
$6.4M
Q1 24
$2.5M
Cash Conversion
CHR
CHR
NHPAP
NHPAP
Q4 25
Q3 25
Q2 25
0.51×
Q1 25
Q4 24
Q3 24
Q2 24
-0.54×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CHR
CHR

Segment breakdown not available.

NHPAP
NHPAP

Seniors Housing Communities$56.3M67%
Outpatient Medical Facilities$28.1M33%

Related Comparisons