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Side-by-side financial comparison of Smart Powerr Corp. (CREG) and PALATIN TECHNOLOGIES INC (PTN). Click either name above to swap in a different company.

PALATIN TECHNOLOGIES INC is the larger business by last-quarter revenue ($116.0K vs $88.8K, roughly 1.3× Smart Powerr Corp.). Smart Powerr Corp. runs the higher net margin — -529.4% vs -6260.0%, a 5730.6% 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.

Palatin Technologies Inc. is a biopharmaceutical firm developing targeted receptor-specific therapeutic products for unmet medical needs across cardiovascular care, renal disease treatment, and sexual health segments. It serves patients and healthcare providers mainly in North American and global pharmaceutical markets.

CREG vs PTN — Head-to-Head

Bigger by revenue
PTN
PTN
1.3× larger
PTN
$116.0K
$88.8K
CREG
Higher net margin
CREG
CREG
5730.6% more per $
CREG
-529.4%
-6260.0%
PTN

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CREG
CREG
PTN
PTN
Revenue
$88.8K
$116.0K
Net Profit
$-470.4K
$-7.3M
Gross Margin
41.6%
Operating Margin
-691.5%
-6315.8%
Net Margin
-529.4%
-6260.0%
Revenue YoY
104.4%
Net Profit YoY
22.5%
-197.4%
EPS (diluted)
$0.03
$-2.86

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
PTN
PTN
Q4 25
$88.8K
$116.0K
Q3 25
$90.8K
$8.8M
Q2 25
$62.2K
Q1 25
$20.6K
$0
Q3 24
$0
Q1 24
$0
Q4 23
$2.0M
Q3 23
$2.1M
Net Profit
CREG
CREG
PTN
PTN
Q4 25
$-470.4K
$-7.3M
Q3 25
$-300.4K
$4.7M
Q2 25
$-1.2M
Q1 25
$-884.5K
$-4.8M
Q3 24
$-7.8M
Q1 24
$-8.4M
Q4 23
$-7.8M
Q3 23
$-5.2M
Gross Margin
CREG
CREG
PTN
PTN
Q4 25
41.6%
Q3 25
48.7%
Q2 25
42.8%
Q1 25
42.8%
Q3 24
Q1 24
Q4 23
95.2%
Q3 23
Operating Margin
CREG
CREG
PTN
PTN
Q4 25
-691.5%
-6315.8%
Q3 25
-235.1%
52.7%
Q2 25
-1648.0%
Q1 25
-5635.8%
Q3 24
Q1 24
Q4 23
57.7%
Q3 23
-290.1%
Net Margin
CREG
CREG
PTN
PTN
Q4 25
-529.4%
-6260.0%
Q3 25
-330.7%
52.9%
Q2 25
-2000.9%
Q1 25
-4288.3%
Q3 24
Q1 24
Q4 23
-385.6%
Q3 23
-247.2%
EPS (diluted)
CREG
CREG
PTN
PTN
Q4 25
$0.03
$-2.86
Q3 25
$-0.08
$4.26
Q2 25
$-0.05
Q1 25
$-0.09
$-0.18
Q3 24
$-19.71
Q1 24
$-0.53
Q4 23
Q3 23

Balance Sheet & Financial Strength

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

Metric
CREG
CREG
PTN
PTN
Cash + ST InvestmentsLiquidity on hand
$14.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$143.1M
$11.5M
Total Assets
$157.6M
$17.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CREG
CREG
PTN
PTN
Q4 25
$14.5M
Q3 25
$1.3M
Q2 25
Q1 25
$2.5M
Q3 24
$2.4M
Q1 24
$21.5M
Q4 23
$9.5M
Q3 23
$5.5M
Stockholders' Equity
CREG
CREG
PTN
PTN
Q4 25
$143.1M
$11.5M
Q3 25
$118.2M
$396.4K
Q2 25
$116.1M
Q1 25
$114.3M
$-6.4M
Q3 24
$-7.7M
Q1 24
$1.6M
Q4 23
$-11.4M
Q3 23
$-6.3M
Total Assets
CREG
CREG
PTN
PTN
Q4 25
$157.6M
$17.9M
Q3 25
$133.0M
$8.6M
Q2 25
$132.2M
Q1 25
$130.7M
$3.7M
Q3 24
$3.4M
Q1 24
$11.4M
Q4 23
$13.6M
Q3 23
$11.2M

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
PTN
PTN
Operating Cash FlowLast quarter
$2.5M
$-4.8M
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
PTN
PTN
Q4 25
$2.5M
$-4.8M
Q3 25
$-53.0K
$-1.6M
Q2 25
$-131.3K
Q1 25
$64.6M
$-5.4M
Q3 24
$-7.0M
Q1 24
$-8.6M
Q4 23
$-10.5M
Q3 23
$-5.9M
Free Cash Flow
CREG
CREG
PTN
PTN
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
Q1 24
Q4 23
$-10.5M
Q3 23
FCF Margin
CREG
CREG
PTN
PTN
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
Q1 24
Q4 23
-516.8%
Q3 23
Capex Intensity
CREG
CREG
PTN
PTN
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
Q1 24
Q4 23
1.8%
Q3 23
0.0%
Cash Conversion
CREG
CREG
PTN
PTN
Q4 25
Q3 25
-0.35×
Q2 25
Q1 25
Q3 24
Q1 24
Q4 23
Q3 23

Financial Flow Comparison

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

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