vs

Side-by-side financial comparison of CKX LANDS, INC. (CKX) and HCW Biologics Inc. (HCWB). Click either name above to swap in a different company.

HCW Biologics Inc. is the larger business by last-quarter revenue ($394.8K vs $232.6K, roughly 1.7× CKX LANDS, INC.). CKX LANDS, INC. runs the higher net margin — 71.5% vs -854.4%, a 925.9% gap on every dollar of revenue. On growth, CKX LANDS, INC. posted the faster year-over-year revenue change (35.8% vs -70.2%). Over the past eight quarters, CKX LANDS, INC.'s revenue compounded faster (-42.0% CAGR vs -45.8%).

CKX Lands, Inc. is a U.S.-based land management and natural resources company. It owns and manages land parcels across North America, with core business segments including timber production, mineral rights leasing, agricultural land rental, and recreational land access services for individual and commercial customers.

HCW Biologics Inc. is a clinical-stage biotechnology company focused on researching and developing novel immunotherapies and biological products targeting unmet medical needs in oncology, chronic inflammatory disorders, and autoimmune diseases. It primarily operates in the U.S., advancing multiple pipeline candidates through early to mid-stage clinical trials.

CKX vs HCWB — Head-to-Head

Bigger by revenue
HCWB
HCWB
1.7× larger
HCWB
$394.8K
$232.6K
CKX
Growing faster (revenue YoY)
CKX
CKX
+106.0% gap
CKX
35.8%
-70.2%
HCWB
Higher net margin
CKX
CKX
925.9% more per $
CKX
71.5%
-854.4%
HCWB
Faster 2-yr revenue CAGR
CKX
CKX
Annualised
CKX
-42.0%
-45.8%
HCWB

Income Statement — Q3 FY2025 vs Q4 FY2024

Metric
CKX
CKX
HCWB
HCWB
Revenue
$232.6K
$394.8K
Net Profit
$166.3K
$-3.4M
Gross Margin
20.0%
Operating Margin
48.7%
-795.9%
Net Margin
71.5%
-854.4%
Revenue YoY
35.8%
-70.2%
Net Profit YoY
207.3%
68.4%
EPS (diluted)
$0.08
$-10.47

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
CKX
CKX
HCWB
HCWB
Q3 25
$232.6K
Q2 25
$135.9K
Q1 25
$348.2K
Q4 24
$180.6K
$394.8K
Q3 24
$171.3K
$426.4K
Q2 24
$1.0M
$618.9K
Q1 24
$141.8K
$1.1M
Q4 23
$690.4K
$1.3M
Net Profit
CKX
CKX
HCWB
HCWB
Q3 25
$166.3K
Q2 25
$161.0K
Q1 25
$115.6K
Q4 24
$-3.4M
Q3 24
$54.1K
$-3.9M
Q2 24
$565.3K
$-15.3M
Q1 24
$-401.3K
$-7.5M
Q4 23
$-10.7M
Gross Margin
CKX
CKX
HCWB
HCWB
Q3 25
Q2 25
Q1 25
Q4 24
20.0%
Q3 24
20.0%
Q2 24
29.2%
Q1 24
54.6%
Q4 23
19.1%
Operating Margin
CKX
CKX
HCWB
HCWB
Q3 25
48.7%
Q2 25
Q1 25
32.2%
Q4 24
-41.9%
-795.9%
Q3 24
-9.9%
-864.1%
Q2 24
62.9%
-2445.8%
Q1 24
-307.8%
-665.1%
Q4 23
52.0%
-813.3%
Net Margin
CKX
CKX
HCWB
HCWB
Q3 25
71.5%
Q2 25
118.5%
Q1 25
33.2%
Q4 24
-854.4%
Q3 24
31.6%
-915.1%
Q2 24
55.0%
-2469.1%
Q1 24
-282.9%
-662.8%
Q4 23
-806.7%
EPS (diluted)
CKX
CKX
HCWB
HCWB
Q3 25
$0.08
Q2 25
$0.08
Q1 25
$2027032.00
Q4 24
$-1991337.18
$-10.47
Q3 24
$0.03
$-4.13
Q2 24
$0.27
$-16.16
Q1 24
$1991337.00
$-0.20
Q4 23
$-0.30

Balance Sheet & Financial Strength

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

Metric
CKX
CKX
HCWB
HCWB
Cash + ST InvestmentsLiquidity on hand
$4.7M
Total DebtLower is stronger
$7.4M
Stockholders' EquityBook value
$18.9M
$-6.8M
Total Assets
$19.2M
$30.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CKX
CKX
HCWB
HCWB
Q3 25
Q2 25
Q1 25
Q4 24
$4.7M
Q3 24
$998.2K
Q2 24
$1.2M
Q1 24
$4.1M
Q4 23
$3.6M
Total Debt
CKX
CKX
HCWB
HCWB
Q3 25
Q2 25
Q1 25
Q4 24
$7.4M
Q3 24
$6.5M
Q2 24
$9.9M
Q1 24
$8.3M
Q4 23
$6.3M
Stockholders' Equity
CKX
CKX
HCWB
HCWB
Q3 25
$18.9M
Q2 25
$18.7M
Q1 25
$18.7M
Q4 24
$18.6M
$-6.8M
Q3 24
$18.6M
$-10.0M
Q2 24
$18.5M
$-6.3M
Q1 24
$18.0M
$8.7M
Q4 23
$18.3M
$13.5M
Total Assets
CKX
CKX
HCWB
HCWB
Q3 25
$19.2M
Q2 25
$18.9M
Q1 25
$19.0M
Q4 24
$18.8M
$30.2M
Q3 24
$18.7M
$26.6M
Q2 24
$19.0M
$26.8M
Q1 24
$18.4M
$30.4M
Q4 23
$18.8M
$28.5M
Debt / Equity
CKX
CKX
HCWB
HCWB
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.95×
Q4 23
0.47×

Cash Flow & Capital Efficiency

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

Metric
CKX
CKX
HCWB
HCWB
Operating Cash FlowLast quarter
$242.3K
$-2.8M
Free Cash FlowOCF − Capex
$-2.9M
FCF MarginFCF / Revenue
-746.8%
Capex IntensityCapex / Revenue
28.7%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$-14.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CKX
CKX
HCWB
HCWB
Q3 25
$242.3K
Q2 25
$-24.6K
Q1 25
$118.7K
Q4 24
$97.4K
$-2.8M
Q3 24
$-246.5K
$-2.9M
Q2 24
$691.7K
$-4.9M
Q1 24
$-337.8K
$-3.6M
Q4 23
$624.5K
$-3.9M
Free Cash Flow
CKX
CKX
HCWB
HCWB
Q3 25
Q2 25
Q1 25
Q4 24
$-2.9M
Q3 24
$-3.0M
Q2 24
$-4.9M
Q1 24
$-3.7M
Q4 23
$-7.6M
FCF Margin
CKX
CKX
HCWB
HCWB
Q3 25
Q2 25
Q1 25
Q4 24
-746.8%
Q3 24
-695.0%
Q2 24
-788.7%
Q1 24
-331.4%
Q4 23
-574.8%
Capex Intensity
CKX
CKX
HCWB
HCWB
Q3 25
Q2 25
Q1 25
Q4 24
28.7%
Q3 24
8.7%
Q2 24
3.0%
Q1 24
11.5%
Q4 23
280.6%
Cash Conversion
CKX
CKX
HCWB
HCWB
Q3 25
1.46×
Q2 25
-0.15×
Q1 25
1.03×
Q4 24
Q3 24
-4.56×
Q2 24
1.22×
Q1 24
Q4 23

Financial Flow Comparison

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

Related Comparisons