vs

Side-by-side financial comparison of Smart Powerr Corp. (CREG) and Nexalin Technology, Inc. (NXL). Click either name above to swap in a different company.

Nexalin Technology, Inc. is the larger business by last-quarter revenue ($171.9K vs $88.8K, roughly 1.9× Smart Powerr Corp.). Smart Powerr Corp. runs the higher net margin — -529.4% vs -1382.6%, a 853.1% gap on every dollar of revenue.

Smart Powerr Corp. (formerly China Recycling Energy Corp) is a specialized smart energy and energy efficiency solutions provider. Its core offerings include waste energy recovery systems, energy efficiency optimization services, and intelligent energy management platform deployment, primarily serving industrial, commercial and public sector clients in the Chinese market.

Nexalin Technology, Inc. is a medical technology enterprise that develops and commercializes non-invasive cranial electrotherapy stimulation devices, which help treat mental health conditions including anxiety, depression and insomnia. Its products are mainly sold to healthcare providers and patients in North America and global emerging markets.

CREG vs NXL — Head-to-Head

Bigger by revenue
NXL
NXL
1.9× larger
NXL
$171.9K
$88.8K
CREG
Higher net margin
CREG
CREG
853.1% more per $
CREG
-529.4%
-1382.6%
NXL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CREG
CREG
NXL
NXL
Revenue
$88.8K
$171.9K
Net Profit
$-470.4K
$-2.4M
Gross Margin
41.6%
87.8%
Operating Margin
-691.5%
-1403.9%
Net Margin
-529.4%
-1382.6%
Revenue YoY
532.5%
Net Profit YoY
22.5%
16.1%
EPS (diluted)
$0.03
$-0.12

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
CREG
CREG
NXL
NXL
Q4 25
$88.8K
$171.9K
Q3 25
$90.8K
$18.1K
Q2 25
$62.2K
$70.6K
Q1 25
$20.6K
$41.0K
Q4 24
$27.2K
Q3 24
$36.0K
Q2 24
$26.8K
Q1 24
$78.7K
Net Profit
CREG
CREG
NXL
NXL
Q4 25
$-470.4K
$-2.4M
Q3 25
$-300.4K
$-2.3M
Q2 25
$-1.2M
$-1.6M
Q1 25
$-884.5K
$-2.0M
Q4 24
Q3 24
$-2.4M
Q2 24
$-1.3M
Q1 24
$-1.0M
Gross Margin
CREG
CREG
NXL
NXL
Q4 25
41.6%
87.8%
Q3 25
48.7%
78.2%
Q2 25
42.8%
67.6%
Q1 25
42.8%
66.9%
Q4 24
72.4%
Q3 24
64.8%
Q2 24
73.0%
Q1 24
88.4%
Operating Margin
CREG
CREG
NXL
NXL
Q4 25
-691.5%
-1403.9%
Q3 25
-235.1%
-12924.3%
Q2 25
-1648.0%
-2296.2%
Q1 25
-5635.8%
-4903.6%
Q4 24
Q3 24
-6962.1%
Q2 24
-4832.4%
Q1 24
-1364.8%
Net Margin
CREG
CREG
NXL
NXL
Q4 25
-529.4%
-1382.6%
Q3 25
-330.7%
-12542.3%
Q2 25
-2000.9%
-2239.7%
Q1 25
-4288.3%
-4847.8%
Q4 24
Q3 24
-6794.9%
Q2 24
-4785.7%
Q1 24
-1323.4%
EPS (diluted)
CREG
CREG
NXL
NXL
Q4 25
$0.03
$-0.12
Q3 25
$-0.08
$-0.13
Q2 25
$-0.05
$-0.10
Q1 25
$-0.09
$-0.15
Q4 24
Q3 24
$-0.23
Q2 24
$-0.17
Q1 24
$-0.14

Balance Sheet & Financial Strength

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

Metric
CREG
CREG
NXL
NXL
Cash + ST InvestmentsLiquidity on hand
$3.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$143.1M
$3.7M
Total Assets
$157.6M
$4.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CREG
CREG
NXL
NXL
Q4 25
$3.7M
Q3 25
$4.4M
Q2 25
$5.8M
Q1 25
$2.1M
Q4 24
$3.5M
Q3 24
$4.6M
Q2 24
$848.8K
Q1 24
$2.1M
Stockholders' Equity
CREG
CREG
NXL
NXL
Q4 25
$143.1M
$3.7M
Q3 25
$118.2M
$4.8M
Q2 25
$116.1M
$6.0M
Q1 25
$114.3M
$2.3M
Q4 24
$3.7M
Q3 24
$5.0M
Q2 24
$1.4M
Q1 24
$2.3M
Total Assets
CREG
CREG
NXL
NXL
Q4 25
$157.6M
$4.6M
Q3 25
$133.0M
$5.1M
Q2 25
$132.2M
$6.6M
Q1 25
$130.7M
$2.9M
Q4 24
$4.2M
Q3 24
$5.3M
Q2 24
$1.6M
Q1 24
$2.8M

Cash Flow & Capital Efficiency

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

Metric
CREG
CREG
NXL
NXL
Operating Cash FlowLast quarter
$2.5M
$-1.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CREG
CREG
NXL
NXL
Q4 25
$2.5M
$-1.1M
Q3 25
$-53.0K
$-1.5M
Q2 25
$-131.3K
$-917.2K
Q1 25
$64.6M
$-1.4M
Q4 24
$-3.9M
Q3 24
$-800.2K
Q2 24
$-1.2M
Q1 24
$-763.3K

Financial Flow Comparison

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

Related Comparisons