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Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.

HUTCHMED (China) Ltd is the larger business by last-quarter revenue ($270.8M vs $188.3M, roughly 1.4× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 0.7%, a 47.2% gap on every dollar of revenue. On growth, HUTCHMED (China) Ltd posted the faster year-over-year revenue change (-16.5% vs -21.9%).

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

HCM vs RILY — Head-to-Head

Bigger by revenue
HCM
HCM
1.4× larger
HCM
$270.8M
$188.3M
RILY
Growing faster (revenue YoY)
HCM
HCM
+5.3% gap
HCM
-16.5%
-21.9%
RILY
Higher net margin
RILY
RILY
47.2% more per $
RILY
47.9%
0.7%
HCM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HCM
HCM
RILY
RILY
Revenue
$270.8M
$188.3M
Net Profit
$2.0M
$90.3M
Gross Margin
37.7%
79.5%
Operating Margin
-13.2%
32.3%
Net Margin
0.7%
47.9%
Revenue YoY
-16.5%
-21.9%
Net Profit YoY
-83.6%
1710.8%
EPS (diluted)
$0.00
$2.78

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
HCM
HCM
RILY
RILY
Q4 25
$270.8M
$188.3M
Q3 25
$215.3M
Q2 25
$277.7M
$188.2M
Q1 25
$324.5M
$197.2M
Q4 24
$241.0M
Q3 24
$225.5M
Q2 24
$305.7M
$256.0M
Q1 24
$263.4M
Net Profit
HCM
HCM
RILY
RILY
Q4 25
$2.0M
$90.3M
Q3 25
$91.1M
Q2 25
$455.0M
$139.5M
Q1 25
$11.9M
$-10.0M
Q4 24
$-5.6M
Q3 24
$-284.4M
Q2 24
$25.8M
$-433.6M
Q1 24
$-49.2M
Gross Margin
HCM
HCM
RILY
RILY
Q4 25
37.7%
79.5%
Q3 25
83.7%
Q2 25
0.1%
81.3%
Q1 25
48.0%
81.4%
Q4 24
79.8%
Q3 24
82.1%
Q2 24
41.1%
84.5%
Q1 24
85.3%
Operating Margin
HCM
HCM
RILY
RILY
Q4 25
-13.2%
32.3%
Q3 25
30.4%
Q2 25
-1.3%
5.7%
Q1 25
-5.0%
-31.2%
Q4 24
-69.2%
Q3 24
-36.4%
Q2 24
-9.0%
-90.8%
Q1 24
-6.1%
Net Margin
HCM
HCM
RILY
RILY
Q4 25
0.7%
47.9%
Q3 25
42.3%
Q2 25
163.8%
74.1%
Q1 25
3.7%
-5.1%
Q4 24
-2.3%
Q3 24
-126.1%
Q2 24
8.4%
-169.4%
Q1 24
-18.7%
EPS (diluted)
HCM
HCM
RILY
RILY
Q4 25
$0.00
$2.78
Q3 25
$2.91
Q2 25
$0.52
$4.50
Q1 25
$0.01
$-0.39
Q4 24
$-0.01
Q3 24
$-9.39
Q2 24
$0.03
$-14.35
Q1 24
$-1.71

Balance Sheet & Financial Strength

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

Metric
HCM
HCM
RILY
RILY
Cash + ST InvestmentsLiquidity on hand
$1.4B
$226.6M
Total DebtLower is stronger
$93.2M
$1.4B
Stockholders' EquityBook value
$1.2B
$-171.5M
Total Assets
$1.8B
$1.7B
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCM
HCM
RILY
RILY
Q4 25
$1.4B
$226.6M
Q3 25
$184.2M
Q2 25
$1.4B
$267.4M
Q1 25
$836.1M
$138.3M
Q4 24
$146.9M
Q3 24
$159.2M
Q2 24
$802.5M
$236.9M
Q1 24
$190.7M
Total Debt
HCM
HCM
RILY
RILY
Q4 25
$93.2M
$1.4B
Q3 25
$1.3B
Q2 25
$93.4M
$1.3B
Q1 25
$82.8M
$1.4B
Q4 24
$1.5B
Q3 24
Q2 24
$82.1M
Q1 24
Stockholders' Equity
HCM
HCM
RILY
RILY
Q4 25
$1.2B
$-171.5M
Q3 25
$-260.5M
Q2 25
$1.2B
$-351.7M
Q1 25
$759.9M
$-496.8M
Q4 24
$-488.2M
Q3 24
$-497.6M
Q2 24
$740.1M
$-218.3M
Q1 24
$228.4M
Total Assets
HCM
HCM
RILY
RILY
Q4 25
$1.8B
$1.7B
Q3 25
$1.7B
Q2 25
$1.8B
$1.5B
Q1 25
$1.3B
$1.5B
Q4 24
$1.8B
Q3 24
$2.2B
Q2 24
$1.3B
$3.2B
Q1 24
$5.0B
Debt / Equity
HCM
HCM
RILY
RILY
Q4 25
0.08×
Q3 25
Q2 25
0.08×
Q1 25
0.11×
Q4 24
Q3 24
Q2 24
0.11×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
HCM
HCM
RILY
RILY
Operating Cash FlowLast quarter
$8.2M
$26.2M
Free Cash FlowOCF − Capex
$3.4M
FCF MarginFCF / Revenue
1.2%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
4.21×
0.29×
TTM Free Cash FlowTrailing 4 quarters
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCM
HCM
RILY
RILY
Q4 25
$8.2M
$26.2M
Q3 25
$-60.6M
Q2 25
$-72.9M
$-25.6M
Q1 25
$40.3M
$184.0K
Q4 24
$-2.7M
Q3 24
$19.5M
Q2 24
$-39.8M
$111.5M
Q1 24
$135.4M
Free Cash Flow
HCM
HCM
RILY
RILY
Q4 25
$3.4M
Q3 25
Q2 25
$-82.2M
Q1 25
$32.5M
Q4 24
Q3 24
Q2 24
$-49.9M
Q1 24
FCF Margin
HCM
HCM
RILY
RILY
Q4 25
1.2%
Q3 25
Q2 25
-29.6%
Q1 25
10.0%
Q4 24
Q3 24
Q2 24
-16.3%
Q1 24
Capex Intensity
HCM
HCM
RILY
RILY
Q4 25
1.8%
Q3 25
Q2 25
3.3%
Q1 25
2.4%
Q4 24
Q3 24
Q2 24
3.3%
Q1 24
Cash Conversion
HCM
HCM
RILY
RILY
Q4 25
4.21×
0.29×
Q3 25
-0.66×
Q2 25
-0.16×
-0.18×
Q1 25
3.38×
Q4 24
Q3 24
Q2 24
-1.54×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HCM
HCM

Segment breakdown not available.

RILY
RILY

Transferred At Point In Time$101.4M54%
Wealth Management Segment$30.7M16%
Corporate Finance Consulting And Investment Banking Fees$27.1M14%
Services And Fees$24.8M13%
Commissions Fees And Reimbursed Expenses$4.8M3%

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