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Side-by-side financial comparison of ZW Data Action Technologies Inc. (CNET) and Serve Robotics Inc. (SERV). Click either name above to swap in a different company.
ZW Data Action Technologies Inc. is the larger business by last-quarter revenue ($1.7M vs $881.5K, roughly 1.9× Serve Robotics Inc.). ZW Data Action Technologies Inc. runs the higher net margin — -6.3% vs -3888.1%, a 3881.8% gap on every dollar of revenue. On growth, Serve Robotics Inc. posted the faster year-over-year revenue change (400.1% vs -47.0%). Over the past eight quarters, Serve Robotics Inc.'s revenue compounded faster (-3.5% CAGR vs -56.8%).
ZW Data Action Technologies Inc., trading under the symbol CNET, is a China-based technology enterprise focused on delivering integrated digital marketing solutions, big data analysis services, and intelligent operation tools for enterprise clients across sectors including e-commerce, consumer goods, and internet services. Its offerings help clients optimize user acquisition efficiency, boost operational performance, and advance digital transformation, primarily serving the Chinese domestic market and select Asia-Pacific clients.
Ecovacs Robotics is a Chinese technology company. It is best known for developing in-home robotic appliances. The company was founded in 1998 by Qian Dongqi and is headquartered in Suzhou, China. According to Global Asia, Ecovacs Robotics had more than 60% of the Chinese market for robots by 2013. In 2023, Nikkei Asia had reported that the market capitalisation of Ecovacs Robotics has grown to near $6.38 billion, which is "roughly 5 times" that of the market capitalisation of rivalling US bas...
CNET vs SERV — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.7M | $881.5K |
| Net Profit | $-108.0K | $-34.3M |
| Gross Margin | 5.7% | -757.3% |
| Operating Margin | -8.9% | -4572.1% |
| Net Margin | -6.3% | -3888.1% |
| Revenue YoY | -47.0% | 400.1% |
| Net Profit YoY | 94.4% | -161.3% |
| EPS (diluted) | — | $-0.50 |
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.
| Q4 25 | — | $881.5K | ||
| Q3 25 | $1.7M | $687.0K | ||
| Q2 25 | — | $642.0K | ||
| Q1 25 | $1.7M | $440.5K | ||
| Q4 24 | $2.2M | $176.3K | ||
| Q3 24 | $3.2M | $222.0K | ||
| Q2 24 | $6.4M | $468.0K | ||
| Q1 24 | $3.5M | $946.7K |
| Q4 25 | — | $-34.3M | ||
| Q3 25 | $-108.0K | $-33.0M | ||
| Q2 25 | — | $-20.9M | ||
| Q1 25 | $-531.0K | $-13.2M | ||
| Q4 24 | $-781.0K | $-13.1M | ||
| Q3 24 | $-1.9M | $-8.0M | ||
| Q2 24 | $-216.0K | $-9.0M | ||
| Q1 24 | $-850.0K | $-9.0M |
| Q4 25 | — | -757.3% | ||
| Q3 25 | 5.7% | -637.4% | ||
| Q2 25 | — | -445.3% | ||
| Q1 25 | 9.7% | -333.4% | ||
| Q4 24 | -0.4% | -371.7% | ||
| Q3 24 | 1.7% | -70.3% | ||
| Q2 24 | 5.1% | 30.3% | ||
| Q1 24 | 2.0% | 62.8% |
| Q4 25 | — | -4572.1% | ||
| Q3 25 | -8.9% | -5067.8% | ||
| Q2 25 | — | -3527.1% | ||
| Q1 25 | -35.0% | -3406.6% | ||
| Q4 24 | -24.1% | -7701.3% | ||
| Q3 24 | -61.5% | -3804.1% | ||
| Q2 24 | -4.7% | -1828.2% | ||
| Q1 24 | -26.1% | -814.6% |
| Q4 25 | — | -3888.1% | ||
| Q3 25 | -6.3% | -4806.4% | ||
| Q2 25 | — | -3247.7% | ||
| Q1 25 | -32.1% | -3000.5% | ||
| Q4 24 | -34.7% | -7441.8% | ||
| Q3 24 | -59.1% | -3601.8% | ||
| Q2 24 | -3.4% | -1931.2% | ||
| Q1 24 | -24.1% | -954.7% |
| Q4 25 | — | $-0.50 | ||
| Q3 25 | — | $-0.54 | ||
| Q2 25 | — | $-0.36 | ||
| Q1 25 | — | $-0.23 | ||
| Q4 24 | — | $-0.23 | ||
| Q3 24 | — | $-0.20 | ||
| Q2 24 | — | $-0.27 | ||
| Q1 24 | — | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.8M | $106.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.3M | $350.7M |
| Total Assets | $9.7M | $367.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $106.2M | ||
| Q3 25 | $1.8M | $116.8M | ||
| Q2 25 | — | $116.7M | ||
| Q1 25 | $807.0K | $197.8M | ||
| Q4 24 | $812.0K | $123.3M | ||
| Q3 24 | $1.1M | $50.9M | ||
| Q2 24 | $510.0K | $28.8M | ||
| Q1 24 | $467.0K | — |
| Q4 25 | — | $350.7M | ||
| Q3 25 | $3.3M | $283.9M | ||
| Q2 25 | — | $207.2M | ||
| Q1 25 | $3.1M | $210.2M | ||
| Q4 24 | $3.7M | $131.7M | ||
| Q3 24 | $4.8M | $56.2M | ||
| Q2 24 | $5.2M | $28.5M | ||
| Q1 24 | $5.4M | $-8.8M |
| Q4 25 | — | $367.8M | ||
| Q3 25 | $9.7M | $299.1M | ||
| Q2 25 | — | $214.3M | ||
| Q1 25 | $9.5M | $216.6M | ||
| Q4 24 | $9.7M | $139.6M | ||
| Q3 24 | $11.0M | $61.5M | ||
| Q2 24 | $10.8M | $32.8M | ||
| Q1 24 | $11.4M | $4.2M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-482.0K | $-29.6M |
| Free Cash FlowOCF − Capex | — | $-46.1M |
| FCF MarginFCF / Revenue | — | -5234.4% |
| Capex IntensityCapex / Revenue | 0.0% | 1872.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-117.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-29.6M | ||
| Q3 25 | $-482.0K | $-25.2M | ||
| Q2 25 | — | $-16.0M | ||
| Q1 25 | $-984.0K | $-9.5M | ||
| Q4 24 | $-830.0K | $-6.3M | ||
| Q3 24 | $-198.0K | $-5.5M | ||
| Q2 24 | $-677.0K | $-5.7M | ||
| Q1 24 | $-353.0K | $-4.1M |
| Q4 25 | — | $-46.1M | ||
| Q3 25 | — | $-36.5M | ||
| Q2 25 | — | $-22.0M | ||
| Q1 25 | $-1.0M | $-12.9M | ||
| Q4 24 | — | $-11.1M | ||
| Q3 24 | — | $-10.1M | ||
| Q2 24 | — | $-6.5M | ||
| Q1 24 | — | $-4.1M |
| Q4 25 | — | -5234.4% | ||
| Q3 25 | — | -5314.1% | ||
| Q2 25 | — | -3426.8% | ||
| Q1 25 | -61.8% | -2934.1% | ||
| Q4 24 | — | -6307.8% | ||
| Q3 24 | — | -4529.7% | ||
| Q2 24 | — | -1396.6% | ||
| Q1 24 | — | -431.1% |
| Q4 25 | — | 1872.1% | ||
| Q3 25 | 0.0% | 1649.6% | ||
| Q2 25 | — | 940.4% | ||
| Q1 25 | 2.2% | 785.7% | ||
| Q4 24 | — | 2755.1% | ||
| Q3 24 | 0.0% | 2070.7% | ||
| Q2 24 | — | 169.8% | ||
| Q1 24 | — | 0.4% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNET
| Online Advertising Placement | $1.6M | 95% |
| Other | $83.0K | 5% |
SERV
Segment breakdown not available.
