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盛美半导体（ACMR）与ACME UNITED CORP（ACU）财务数据对比。点击上方公司名可切换其他公司
盛美半导体的季度营收约是ACME UNITED CORP的4.7倍（$244.4M vs $52.3M）。盛美半导体净利率更高（3.3% vs 1.9%，领先1.4%）。ACME UNITED CORP同比增速更快（13.8% vs 9.4%）。过去两年盛美半导体的营收复合增速更高（26.7% vs -2.9%）
盛美半导体（ACM Research, Inc.）是全球领先的半导体制造设备供应商，专注于研发、生产及销售晶圆湿法处理相关设备，覆盖清洗、电镀、刻蚀等品类，产品广泛应用于逻辑、存储、功率等各类先进芯片的生产流程，服务全球多地区芯片制造企业。
埃克米联合公司（Acme United Corporation）是面向校园、家居、办公、五金及工业领域的切削工具、测量工具与安全防护用品供应商，行业历史悠久，其前身可追溯至1867年成立的合伙企业，1873年在康涅狄格州完成法人注册，目前在美国纽约泛欧美交所挂牌上市，股票代码为ACU。
ACMR vs ACU — 直观对比
营收规模更大
ACMR
是对方的4.7倍
$52.3M
营收增速更快
ACU
高出4.4%
9.4%
净利率更高
ACMR
高出1.4%
1.9%
两年增速更快
ACMR
近两年复合增速
-2.9%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $244.4M | $52.3M |
| 净利润 | $8.0M | $985.0K |
| 毛利率 | 40.9% | 39.7% |
| 营业利润率 | 9.4% | 3.3% |
| 净利率 | 3.3% | 1.9% |
| 营收同比 | 9.4% | 13.8% |
| 净利润同比 | -74.1% | -40.4% |
| 每股收益（稀释后） | $0.11 | $0.24 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ACMRACU
| Q1 26 | — | $52.3M | ||
| Q4 25 | $244.4M | $47.5M | ||
| Q3 25 | $269.2M | $49.1M | ||
| Q2 25 | $215.4M | $54.0M | ||
| Q1 25 | $172.3M | $46.0M | ||
| Q4 24 | $223.5M | $45.9M | ||
| Q3 24 | $204.0M | $48.2M | ||
| Q2 24 | $202.5M | $55.4M |
净利润ACMRACU
| Q1 26 | — | $985.0K | ||
| Q4 25 | $8.0M | $1.9M | ||
| Q3 25 | $35.9M | $1.9M | ||
| Q2 25 | $29.8M | $4.8M | ||
| Q1 25 | $20.4M | $1.7M | ||
| Q4 24 | $31.1M | $1.7M | ||
| Q3 24 | $30.9M | $2.2M | ||
| Q2 24 | $24.2M | $4.5M |
毛利率ACMRACU
| Q1 26 | — | 39.7% | ||
| Q4 25 | 40.9% | 38.2% | ||
| Q3 25 | 42.0% | 39.1% | ||
| Q2 25 | 48.5% | 41.0% | ||
| Q1 25 | 47.9% | 39.0% | ||
| Q4 24 | 49.6% | 38.7% | ||
| Q3 24 | 51.4% | 38.5% | ||
| Q2 24 | 47.8% | 40.8% |
营业利润率ACMRACU
| Q1 26 | — | 3.3% | ||
| Q4 25 | 9.4% | 6.1% | ||
| Q3 25 | 10.7% | 6.1% | ||
| Q2 25 | 14.7% | 11.8% | ||
| Q1 25 | 15.0% | 5.3% | ||
| Q4 24 | 19.7% | 5.0% | ||
| Q3 24 | 21.7% | 6.1% | ||
| Q2 24 | 18.6% | 11.5% |
净利率ACMRACU
| Q1 26 | — | 1.9% | ||
| Q4 25 | 3.3% | 3.9% | ||
| Q3 25 | 13.3% | 3.9% | ||
| Q2 25 | 13.8% | 8.8% | ||
| Q1 25 | 11.8% | 3.6% | ||
| Q4 24 | 13.9% | 3.7% | ||
| Q3 24 | 15.2% | 4.6% | ||
| Q2 24 | 12.0% | 8.0% |
每股收益（稀释后）ACMRACU
| Q1 26 | — | $0.24 | ||
| Q4 25 | $0.11 | $0.46 | ||
| Q3 25 | $0.52 | $0.46 | ||
| Q2 25 | $0.44 | $1.16 | ||
| Q1 25 | $0.30 | $0.41 | ||
| Q4 24 | $0.47 | $0.43 | ||
| Q3 24 | $0.45 | $0.54 | ||
| Q2 24 | $0.35 | $1.09 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $792.9M | $4.2M |
| 总债务越低越好 | $214.0M | $33.0M |
| 股东权益账面价值 | $1.5B | $116.7M |
| 总资产 | $2.9B | $195.2M |
| 负债/权益比越低杠杆越低 | 0.15× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资ACMRACU
| Q1 26 | — | $4.2M | ||
| Q4 25 | $792.9M | $3.6M | ||
| Q3 25 | $1.1B | $5.1M | ||
| Q2 25 | $463.2M | $3.6M | ||
| Q1 25 | $475.6M | $3.4M | ||
| Q4 24 | $426.8M | $6.4M | ||
| Q3 24 | $353.8M | $5.7M | ||
| Q2 24 | $343.6M | $3.8M |
总债务ACMRACU
| Q1 26 | — | $33.0M | ||
| Q4 25 | $214.0M | — | ||
| Q3 25 | $242.0M | — | ||
| Q2 25 | $225.1M | — | ||
| Q1 25 | $202.5M | — | ||
| Q4 24 | $150.0M | — | ||
| Q3 24 | $150.0M | — | ||
| Q2 24 | $90.5M | — |
股东权益ACMRACU
| Q1 26 | — | $116.7M | ||
| Q4 25 | $1.5B | $117.6M | ||
| Q3 25 | $1.4B | $115.8M | ||
| Q2 25 | $986.5M | $113.7M | ||
| Q1 25 | $949.1M | $108.3M | ||
| Q4 24 | $904.6M | $107.0M | ||
| Q3 24 | $888.2M | $106.3M | ||
| Q2 24 | $833.2M | $104.0M |
总资产ACMRACU
| Q1 26 | — | $195.2M | ||
| Q4 25 | $2.9B | $171.0M | ||
| Q3 25 | $2.8B | $173.0M | ||
| Q2 25 | $2.0B | $170.9M | ||
| Q1 25 | $1.9B | $163.0M | ||
| Q4 24 | $1.9B | $162.2M | ||
| Q3 24 | $1.8B | $165.5M | ||
| Q2 24 | $1.7B | $173.5M |
负债/权益比ACMRACU
| Q1 26 | — | 0.28× | ||
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.21× | — | ||
| Q4 24 | 0.17× | — | ||
| Q3 24 | 0.17× | — | ||
| Q2 24 | 0.11× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $33.9M | — |
| 自由现金流经营现金流 - 资本支出 | $20.1M | — |
| 自由现金流率自由现金流/营收 | 8.2% | — |
| 资本支出强度资本支出/营收 | 5.6% | — |
| 现金转化率经营现金流/净利润 | 4.21× | — |
| 过去12个月自由现金流最近4个季度 | $-66.6M | — |
8季度趋势，按日历期对齐
经营现金流ACMRACU
| Q1 26 | — | — | ||
| Q4 25 | $33.9M | $8.2M | ||
| Q3 25 | $-4.6M | $7.1M | ||
| Q2 25 | $-44.9M | $6.3M | ||
| Q1 25 | $5.3M | $-3.3M | ||
| Q4 24 | $88.6M | $6.4M | ||
| Q3 24 | $11.9M | $8.9M | ||
| Q2 24 | $61.6M | $6.9M |
自由现金流ACMRACU
| Q1 26 | — | — | ||
| Q4 25 | $20.1M | $7.3M | ||
| Q3 25 | $-15.6M | $301.0K | ||
| Q2 25 | $-59.6M | $4.7M | ||
| Q1 25 | $-11.4M | $-4.7M | ||
| Q4 24 | $77.2M | $4.7M | ||
| Q3 24 | $-20.6M | $7.5M | ||
| Q2 24 | $48.5M | $4.4M |
自由现金流率ACMRACU
| Q1 26 | — | — | ||
| Q4 25 | 8.2% | 15.3% | ||
| Q3 25 | -5.8% | 0.6% | ||
| Q2 25 | -27.7% | 8.7% | ||
| Q1 25 | -6.6% | -10.2% | ||
| Q4 24 | 34.5% | 10.2% | ||
| Q3 24 | -10.1% | 15.6% | ||
| Q2 24 | 24.0% | 8.0% |
资本支出强度ACMRACU
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 1.9% | ||
| Q3 25 | 4.1% | 13.8% | ||
| Q2 25 | 6.8% | 3.0% | ||
| Q1 25 | 9.7% | 2.9% | ||
| Q4 24 | 5.1% | 3.7% | ||
| Q3 24 | 16.0% | 2.8% | ||
| Q2 24 | 6.5% | 4.5% |
现金转化率ACMRACU
| Q1 26 | — | — | ||
| Q4 25 | 4.21× | 4.34× | ||
| Q3 25 | -0.13× | 3.72× | ||
| Q2 25 | -1.51× | 1.33× | ||
| Q1 25 | 0.26× | -2.02× | ||
| Q4 24 | 2.85× | 3.73× | ||
| Q3 24 | 0.39× | 3.99× | ||
| Q2 24 | 2.54× | 1.55× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ACMR
| Total Single Wafer And Semi Critical Cleaning Equipment | $159.9M | 65% |
| ECP Front End And Packaging Furnace And Other Technologies | $64.1M | 26% |
| Advanced Packaging Exclude ECP Services Spares | $20.5M | 8% |
ACU
暂无分部数据
