Patent citation is often used to measure the learning effect of knowledge flows. Furthermore, we find it could also be used to measure the intention of a firm to enter a specific technology field. While firms puzzle out technology together, they also become potential competitors with one another. Therefore, patent citation could be used to measure the co-opetition behavior of business model among firms. Firstly, we define a quantitative measurement of patent citation similarity and get a matrix from mutual similarity among these firms. By adopting community analysis method, we extract its community structure from this matrix and observe co-optition level of each community. We analyze the moderating effect of co-optition level on the relationship between firm scale and financial performance finally. The result shows that to attain better financial performance, large firms are inclined to decrease their co-optition level while small firms tend to increase to reach their critical co-optition level.