MicroCloud Hologram Inc.
Business
MicroCloud Hologram Inc. provides holographic technology services to customers worldwide, including high-precision holographic LiDAR solutions for advanced driver assistance systems, holographic digital twin technology, and holographic intelligent vision technology. The company serves automotive electronics, digital twin, robotics, UAV, security, and industrial automation markets through proprietary software, chip design, and algorithm architecture. Its business spans R&D-driven technology development, sales and marketing, and customer integration services primarily in China with a framework-based service-delivery model.
Summary from 20-F filed 2026-03-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2022 2022-12-31 | FY 2021 2021-12-31 | FY 2020 2020-12-31 |
|---|---|---|---|---|
| Total Operating Revenues | 73 | 56 | — | |
| Total Cost of Revenues | −39 | −17 | — | |
| GROSS PROFIT | 33 | 39 | — | |
| Provision for doubtful accounts | −442,335 | −80,875 | — | |
| Selling expenses | −1 | −825,055 | — | |
| General and administrative expenses | −3 | −3 | — | |
| Research and development expenses | −49 | −23 | — | |
| Total operating expenses | −54 | −27 | −32,267 | |
| (LOSS)/INCOME FROM OPERATIONS | −21 | 12 | — | |
| CHANGE IN FAIR VALUE OF WARRANT LIABILITY | 656,164 | — | — | |
| Finance income, net | 248,043 | 98,366 | — | |
| Impairment loss for unconsolidated entities | −237,777 | — | — | |
| Other income, net | 146,154 | 152,843 | — | |
| Total other income, net | 156,420 | 251,209 | 0 | |
| (LOSS)/PROFIT BEFORE INCOME TAXES | −20 | 13 | −32,267 | |
| BENEFIT FOR INCOME TAX | 122,773 | 124,732 | 0 | |
| NET (LOSS)/INCOME | −20 | 13 | −32,267 | |
| LESS: NET INCOME/(LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTEREST | 43,392 | −10 | — | |
| NET (LOSS)/INCOME ATTRIBUTABLE TO MICROCLOUD HOLOGRAM INC. ORDINARY SHAREHOLDERS | −20 | 13 | — | |
| Foreign currency translation adjustment | 147,929 | −5,025 | — | |
| COMPREHENSIVE (LOSS)/INCOME | −20 | 13 | −32,267 | |
| LESS: COMPREHENSIVE INCOME/(LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTEREST | 43,392 | −10 | — | |
| COMPREHENSIVE (LOSS)/INCOME ATTRIBUTABLE TO MICROCLOUD HOLOGRAM INC. ORDINARY SHAREHOLDERS | −20 | 13 | — | |
| Weighted average number of ordinary shares outstanding-Basic and diluted | 20 | 132 | — | |
| (Loss)/Earnings per ordinary share - Basic and diluted | −1.01 | 0.1 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2022 2022-12-31 | FY 2021 2021-12-31 | FY 2020 2020-12-31 | FY 2019 2019-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 22 | 8 | 18,117 | — | |
| Accounts receivable, net | 12 | 11 | — | — | |
| Prepayments and other current assets | 894,479 | 98,063 | — | — | |
| Due from related parties | 8,740 | 3,139 | — | — | |
| Loan receivable | — | 2 | — | — | |
| Inventories, net | 254,879 | 302,178 | — | — | |
| Total current assets | 35 | 21 | 18,117 | — | |
| Property and equipment, net | 238,920 | 46,177 | — | — | |
| Prepayment and deposits, net | 60,460 | 70,572 | — | — | |
| Intangible assets, net | 2 | 3 | — | — | |
| Investments in unconsolidated entities | — | 251,095 | — | — | |
| Right-of-use assets, net | 589,301 | — | — | — | |
| Goodwill | 3 | 3 | — | — | |
| Total non-current assets | 6 | 7 | — | — | |
| Total assets | 41 | 28 | 47,657 | — | |
| Accounts payable | 9 | 7 | — | — | |
| Advance from customers | 493,539 | 134,761 | — | — | |
| Other payables and accrued liabilities | 2 | 2 | — | — | |
| Due to related parties | 50,745 | 334,985 | 36,784 | — | |
| Operating lease liabilities - current | 231,483 | — | — | — | |
| Loan payable | 59,444 | — | — | — | |
| Taxes payable | 87,319 | 509,924 | — | — | |
| Total current liabilities | 12 | 10 | 87,324 | — | |
| Operating lease liabilities - noncurrent | 373,298 | — | — | — | |
| Deferred tax liabilities | 160,430 | 311,827 | — | — | |
| Warrant liabilities | 61,709 | — | — | — | |
| Total other liabilities | 595,437 | 311,827 | — | — | |
| Total liabilities | 12 | 10 | 87,324 | — | |
| Ordinary shares, $0.0001 par value | 5,081 | 13,511 | 0 | — | |
| Additional paid-in capital | 37 | 5 | — | — | |
| (Accumulated deficit)/Retained earnings | −9 | 12 | −39,667 | — | |
| Statutory reserves | 2 | 1 | — | — | |
| Accumulated other comprehensive loss | −805,112 | −9,073 | 0 | — | |
| Total MICROCLOUD HOLOGRAM INC. shareholders equity | 29 | 18 | −39,667 | −7,400 | |
| Non-controlling interest | 43,382 | −10 | — | — | |
| Total Equity | 29 | 18 | 5 | — | |
| Total liabilities and shareholders equity | 41 | 28 | 47,657 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2022 2022-12-31 | FY 2021 2021-12-31 | FY 2020 2020-12-31 |
|---|---|---|---|---|
| Depreciation and amortization | 1 | 1 | — | |
| Amortization of operating lease right-of-use assets | 236,154 | — | — | |
| Provision for doubtful accounts | 442,335 | 80,875 | — | |
| Deferred tax benefits | −130,848 | −132,130 | — | |
| Provision for inventory reserve | — | 13,818 | — | |
| Interest income | — | −98,249 | — | |
| Loss on disposal fixed assets | 488 | 57,381 | — | |
| Change in fair value of warrant liabilities | −656,164 | — | — | |
| Accounts receivable | −2 | 2 | — | |
| Prepayment and other current assets | −823,976 | 678,662 | — | |
| Inventories | 24,901 | 448,062 | — | |
| Prepayments and deposits | 4,858 | 27,832 | — | |
| Accounts payable | 2 | −943,581 | — | |
| Operating lease liabilities | −220,287 | — | — | |
| Advance from customers | 378,262 | −109,613 | — | |
| Other payables and accrued liabilities | 281,149 | 324,305 | — | |
| Taxes payable | −393,376 | 217,038 | — | |
| Net cash (used in)/provided by operating activities | −20 | 16 | −32,267 | |
| Payments for business acquisition payable - related parties | — | −8 | — | |
| Loan to third parties | −2 | −14 | — | |
| Loan repayment from third parties | 4 | 9 | — | |
| Purchases of property and equipment | −270,756 | −21,292 | — | |
| Cash received on fixed assets disposal | — | 94 | — | |
| Investments in unconsolidated entities | — | −251,095 | — | |
| Net cash provided by/(used in) investing activities | 2 | −13 | 0 | |
| Amounts advanced from related parties | — | 283,436 | — | |
| Amounts advanced to related parties | −5,986 | — | — | |
| Repayments from related parties | — | 1 | 0 | |
| Repayments to related parties | −55 | −2 | — | |
| Repayments of third-party loan | −13,375 | −183,221 | — | |
| Cash received from recapitalization | 33 | — | — | |
| Proceeds of third-party loan | 74,305 | — | — | |
| Net cash provided by/(used in) financing activities | 33 | −204,237 | 50,284 | |
| EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS | −593,338 | −42,590 | — | |
| CHANGE IN CASH AND CASH EQUIVALENTS | 14 | 3 | — | |
| Cash paid for income tax | 609 | 11,306 | — | |
| Cash paid for interest expense | 5,522 | 3,166 | — | |
| Initial recognition of right-of-use assets and lease liabilities | 840,185 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is MicroCloud Hologram Inc.'s CIK number?
MicroCloud Hologram Inc.'s SEC CIK number is 0001841209 (1841209). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find MicroCloud Hologram Inc.'s SEC filings?
All of MicroCloud Hologram Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did MicroCloud Hologram Inc. last report earnings?
MicroCloud Hologram Inc. (HOLOW) most recently filed an earnings 8-K with the SEC on Mar 14, 2023, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001829126-23-002019). This is MicroCloud Hologram Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is MicroCloud Hologram Inc.'s most recent earnings 8-K?
MicroCloud Hologram Inc.'s latest earnings 8-K (Item 2.02) was filed Mar 14, 2023 under accession 0001829126-23-002019. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View MicroCloud Hologram Inc.'s latest earnings 8-K →
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