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Side-by-side financial comparison of PureCycle Technologies, Inc. (PCT) and Zhibao Technology Inc. (ZBAO). Click either name above to swap in a different company.

Zhibao Technology Inc. is the larger business by last-quarter revenue ($4.1M vs $2.7M, roughly 1.5× PureCycle Technologies, Inc.). Zhibao Technology Inc. runs the higher net margin — -2.1% vs -697.1%, a 695.0% gap on every dollar of revenue.

PureCycle Technologies, Inc. is a sustainable materials firm with proprietary advanced polypropylene recycling technology. It converts contaminated polypropylene waste into high-purity virgin-equivalent resin for use in consumer goods, automotive parts, packaging and industrial products, serving global partners.

PCT vs ZBAO — Head-to-Head

Bigger by revenue
ZBAO
ZBAO
1.5× larger
ZBAO
$4.1M
$2.7M
PCT
Higher net margin
ZBAO
ZBAO
695.0% more per $
ZBAO
-2.1%
-697.1%
PCT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
PCT
PCT
ZBAO
ZBAO
Revenue
$2.7M
$4.1M
Net Profit
$-18.8M
$-85.5K
Gross Margin
34.8%
Operating Margin
-2196.1%
2.2%
Net Margin
-697.1%
-2.1%
Revenue YoY
-79.7%
Net Profit YoY
71.0%
3.2%
EPS (diluted)
$-0.14

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
PCT
PCT
ZBAO
ZBAO
Q4 25
$2.7M
$4.1M
Q3 25
$2.4M
Q2 25
$1.6M
Q1 25
$1.6M
Q4 24
$0
$20.1M
Q3 24
$0
Q2 24
$0
Q1 24
$0
Net Profit
PCT
PCT
ZBAO
ZBAO
Q4 25
$-18.8M
$-85.5K
Q3 25
$-28.4M
Q2 25
$-144.2M
Q1 25
$8.8M
Q4 24
$-64.7M
$-88.3K
Q3 24
$-90.6M
Q2 24
$-48.2M
Q1 24
$-85.6M
Gross Margin
PCT
PCT
ZBAO
ZBAO
Q4 25
34.8%
Q3 25
Q2 25
Q1 25
Q4 24
29.1%
Q3 24
Q2 24
Q1 24
Operating Margin
PCT
PCT
ZBAO
ZBAO
Q4 25
-2196.1%
2.2%
Q3 25
-1602.2%
Q2 25
-2763.5%
Q1 25
-2387.4%
Q4 24
2.6%
Q3 24
Q2 24
Q1 24
Net Margin
PCT
PCT
ZBAO
ZBAO
Q4 25
-697.1%
-2.1%
Q3 25
-1167.5%
Q2 25
-8741.8%
Q1 25
559.0%
Q4 24
-0.4%
Q3 24
Q2 24
Q1 24
EPS (diluted)
PCT
PCT
ZBAO
ZBAO
Q4 25
$-0.14
Q3 25
$-0.31
Q2 25
$-0.81
Q1 25
$0.05
Q4 24
$-0.40
$0.00
Q3 24
$-0.54
Q2 24
$-0.29
Q1 24
$-0.52

Balance Sheet & Financial Strength

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

Metric
PCT
PCT
ZBAO
ZBAO
Cash + ST InvestmentsLiquidity on hand
$156.7M
$3.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$45.9M
$6.8M
Total Assets
$922.7M
$39.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCT
PCT
ZBAO
ZBAO
Q4 25
$156.7M
$3.8M
Q3 25
$234.4M
Q2 25
$284.1M
Q1 25
$22.5M
Q4 24
$15.7M
$3.9M
Q3 24
$83.7M
Q2 24
$10.9M
Q1 24
$25.0M
Stockholders' Equity
PCT
PCT
ZBAO
ZBAO
Q4 25
$45.9M
$6.8M
Q3 25
$68.2M
Q2 25
$98.9M
Q1 25
$238.2M
Q4 24
$180.4M
$10.0M
Q3 24
$241.4M
Q2 24
$291.6M
Q1 24
$336.8M
Total Assets
PCT
PCT
ZBAO
ZBAO
Q4 25
$922.7M
$39.1M
Q3 25
$989.1M
Q2 25
$1.0B
Q1 25
$787.3M
Q4 24
$798.4M
$43.2M
Q3 24
$788.8M
Q2 24
$719.8M
Q1 24
$734.0M

Cash Flow & Capital Efficiency

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

Metric
PCT
PCT
ZBAO
ZBAO
Operating Cash FlowLast quarter
$-28.7M
$-241.5K
Free Cash FlowOCF − Capex
$-42.0M
FCF MarginFCF / Revenue
-1559.6%
Capex IntensityCapex / Revenue
495.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-183.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCT
PCT
ZBAO
ZBAO
Q4 25
$-28.7M
$-241.5K
Q3 25
$-38.5M
Q2 25
$-36.7M
Q1 25
$-38.9M
Q4 24
$-31.8M
$10.2M
Q3 24
$-33.4M
Q2 24
$-40.4M
Q1 24
$-39.2M
Free Cash Flow
PCT
PCT
ZBAO
ZBAO
Q4 25
$-42.0M
Q3 25
$-42.4M
Q2 25
$-45.3M
Q1 25
$-53.9M
Q4 24
$-53.4M
Q3 24
$-42.6M
Q2 24
$-50.8M
Q1 24
$-53.5M
FCF Margin
PCT
PCT
ZBAO
ZBAO
Q4 25
-1559.6%
Q3 25
-1743.1%
Q2 25
-2747.1%
Q1 25
-3409.6%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
PCT
PCT
ZBAO
ZBAO
Q4 25
495.1%
Q3 25
160.3%
Q2 25
521.5%
Q1 25
949.6%
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
PCT
PCT
ZBAO
ZBAO
Q4 25
Q3 25
Q2 25
Q1 25
-4.40×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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