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Side-by-side financial comparison of Huachen AI Parking Management Technology Holding Co., Ltd (HCAI) and Multi Ways Holdings Ltd (MWG). Click either name above to swap in a different company.

Multi Ways Holdings Ltd is the larger business by last-quarter revenue ($31.1M vs $8.1M, roughly 3.8× Huachen AI Parking Management Technology Holding Co., Ltd). Huachen AI Parking Management Technology Holding Co., Ltd runs the higher net margin — 10.0% vs -9.2%, a 19.2% gap on every dollar of revenue.

Huachen AI Parking Management Technology Holding Co., Ltd. is a smart parking solution provider that uses artificial intelligence and IoT technologies to deliver integrated parking management systems, intelligent parking lot operations, and value-added services for property operators, municipal authorities and commercial complexes mainly in China, helping optimize parking space utilization, cut operational costs and improve user parking experience.

Multi Ways Holdings Limited is a Hong Kong-headquartered integrated logistics service provider, offering freight forwarding, warehousing management, customs brokerage, and end-to-end supply chain solutions. It mainly serves clients in manufacturing, retail and e-commerce segments, with core markets spanning Greater China, Southeast Asia and North America.

HCAI vs MWG — Head-to-Head

Bigger by revenue
MWG
MWG
3.8× larger
MWG
$31.1M
$8.1M
HCAI
Higher net margin
HCAI
HCAI
19.2% more per $
HCAI
10.0%
-9.2%
MWG

Income Statement — Q2 2025 vs Q4 2024

Metric
HCAI
HCAI
MWG
MWG
Revenue
$8.1M
$31.1M
Net Profit
$815.9K
$-2.9M
Gross Margin
31.5%
31.3%
Operating Margin
15.7%
-6.2%
Net Margin
10.0%
-9.2%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.04
$-0.09

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

Balance Sheet & Financial Strength

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

Metric
HCAI
HCAI
MWG
MWG
Cash + ST InvestmentsLiquidity on hand
$47.5K
$3.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$23.5M
$20.1M
Total Assets
$57.6M
$69.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCAI
HCAI
MWG
MWG
Q2 25
$47.5K
Q4 24
$3.3M
Stockholders' Equity
HCAI
HCAI
MWG
MWG
Q2 25
$23.5M
Q4 24
$20.1M
Total Assets
HCAI
HCAI
MWG
MWG
Q2 25
$57.6M
Q4 24
$69.6M

Cash Flow & Capital Efficiency

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

Metric
HCAI
HCAI
MWG
MWG
Operating Cash FlowLast quarter
$-5.5M
$-12.9M
Free Cash FlowOCF − Capex
$-13.5M
FCF MarginFCF / Revenue
-43.5%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
-6.68×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCAI
HCAI
MWG
MWG
Q2 25
$-5.5M
Q4 24
$-12.9M
Free Cash Flow
HCAI
HCAI
MWG
MWG
Q2 25
Q4 24
$-13.5M
FCF Margin
HCAI
HCAI
MWG
MWG
Q2 25
Q4 24
-43.5%
Capex Intensity
HCAI
HCAI
MWG
MWG
Q2 25
Q4 24
1.9%
Cash Conversion
HCAI
HCAI
MWG
MWG
Q2 25
-6.68×
Q4 24

Financial Flow Comparison

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

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