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Side-by-side financial comparison of Powell Max Ltd (PMAX) and Sea Ltd (SE). Click either name above to swap in a different company.

Sea Ltd is the larger business by last-quarter revenue ($22.9B vs $1, roughly 17920678906.3× Powell Max Ltd).

Sea Limited is a tech conglomerate headquartered in Singapore. It is listed on the New York Stock Exchange, with revenue of US$16.8 billion (2024). Sea currently functions as a holding company for Garena, Monee and Shopee, the largest e-commerce platform in Southeast Asia.

PMAX vs SE — Head-to-Head

Bigger by revenue
SE
SE
17920678906.3× larger
SE
$22.9B
$1
PMAX

Income Statement — Q1 2024 vs Q4 2025

Metric
PMAX
PMAX
SE
SE
Revenue
$1
$22.9B
Net Profit
$1.6B
Gross Margin
44.7%
Operating Margin
8.7%
Net Margin
7.0%
Revenue YoY
363.4%
Net Profit YoY
EPS (diluted)
$2.52

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
PMAX
PMAX
SE
SE
Q4 25
$22.9B
Q3 25
$6.0B
Q2 25
$5.3B
Q1 25
$4.8B
Q4 24
$5.0B
Q3 24
$4.3B
Q2 24
$3.8B
Q1 24
$1
$3.7B
Net Profit
PMAX
PMAX
SE
SE
Q4 25
$1.6B
Q3 25
$375.0M
Q2 25
$414.2M
Q1 25
$-7.8M
Q4 24
Q3 24
Q2 24
Q1 24
$-23.0M
Gross Margin
PMAX
PMAX
SE
SE
Q4 25
44.7%
Q3 25
43.4%
Q2 25
45.8%
Q1 25
46.2%
Q4 24
Q3 24
Q2 24
Q1 24
41.6%
Operating Margin
PMAX
PMAX
SE
SE
Q4 25
8.7%
Q3 25
8.0%
Q2 25
9.3%
Q1 25
9.4%
Q4 24
Q3 24
Q2 24
Q1 24
1.9%
Net Margin
PMAX
PMAX
SE
SE
Q4 25
7.0%
Q3 25
6.3%
Q2 25
7.9%
Q1 25
-0.2%
Q4 24
Q3 24
Q2 24
Q1 24
-0.6%
EPS (diluted)
PMAX
PMAX
SE
SE
Q4 25
$2.52
Q3 25
$0.59
Q2 25
$0.65
Q1 25
$0.65
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
PMAX
PMAX
SE
SE
Cash + ST InvestmentsLiquidity on hand
$10.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$12.6B
Total Assets
$29.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PMAX
PMAX
SE
SE
Q4 25
$10.6B
Q3 25
Q2 25
Q1 25
Q4 24
$8.6B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PMAX
PMAX
SE
SE
Q4 25
$12.6B
Q3 25
Q2 25
Q1 25
Q4 24
$8.4B
Q3 24
Q2 24
Q1 24
Total Assets
PMAX
PMAX
SE
SE
Q4 25
$29.4B
Q3 25
Q2 25
Q1 25
Q4 24
$22.6B
Q3 24
Q2 24
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
PMAX
PMAX
SE
SE
Operating Cash FlowLast quarter
$5.0B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.12×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PMAX
PMAX
SE
SE
Q4 25
$5.0B
Q3 25
$3.5B
Q2 25
$2.4B
Q1 25
$756.9M
Q4 24
Q3 24
Q2 24
Q1 24
$468.5M
Cash Conversion
PMAX
PMAX
SE
SE
Q4 25
3.12×
Q3 25
9.46×
Q2 25
5.73×
Q1 25
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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