vs
盛美半导体（ACMR）与Broadridge Financial Solutions（BR）财务数据对比。点击上方公司名可切换其他公司
Broadridge Financial Solutions的季度营收约是盛美半导体的7.0倍（$1.7B vs $244.4M）。Broadridge Financial Solutions净利率更高（16.6% vs 3.3%，领先13.3%）。盛美半导体同比增速更快（9.4% vs -5.4%）。过去两年盛美半导体的营收复合增速更高（26.7% vs 10.4%）
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。
Broadridge Financial Solutions是2007年从自动数据处理公司（ADP）分拆成立的上市企业服务及金融科技企业，总部位于纽约莱克萨克塞斯，为金融行业客户提供股东委托书、年报等金融单证服务，以及线上年会等股东沟通解决方案。
ACMR vs BR — 直观对比
营收规模更大
BR
是对方的7.0倍
$244.4M
营收增速更快
ACMR
高出14.8%
-5.4%
净利率更高
BR
高出13.3%
3.3%
两年增速更快
ACMR
近两年复合增速
10.4%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $244.4M | $1.7B |
| 净利润 | $8.0M | $284.6M |
| 毛利率 | 40.9% | 27.6% |
| 营业利润率 | 9.4% | 12.0% |
| 净利率 | 3.3% | 16.6% |
| 营收同比 | 9.4% | -5.4% |
| 净利润同比 | -74.1% | 17.1% |
| 每股收益（稀释后） | $0.11 | $2.42 |
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ACMRBR
| Q4 25 | $244.4M | $1.7B | ||
| Q3 25 | $269.2M | — | ||
| Q2 25 | $215.4M | $2.1B | ||
| Q1 25 | $172.3M | $1.8B | ||
| Q4 24 | $223.5M | $1.6B | ||
| Q3 24 | $204.0M | $1.4B | ||
| Q2 24 | $202.5M | $1.9B | ||
| Q1 24 | $152.2M | $1.7B |
净利润ACMRBR
| Q4 25 | $8.0M | $284.6M | ||
| Q3 25 | $35.9M | — | ||
| Q2 25 | $29.8M | $374.2M | ||
| Q1 25 | $20.4M | $243.1M | ||
| Q4 24 | $31.1M | $142.4M | ||
| Q3 24 | $30.9M | $79.8M | ||
| Q2 24 | $24.2M | $323.2M | ||
| Q1 24 | $17.4M | $213.7M |
毛利率ACMRBR
| Q4 25 | 40.9% | 27.6% | ||
| Q3 25 | 42.0% | — | ||
| Q2 25 | 48.5% | 37.3% | ||
| Q1 25 | 47.9% | 31.8% | ||
| Q4 24 | 49.6% | 27.9% | ||
| Q3 24 | 51.4% | 24.5% | ||
| Q2 24 | 47.8% | 35.5% | ||
| Q1 24 | 52.0% | 31.2% |
营业利润率ACMRBR
| Q4 25 | 9.4% | 12.0% | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | 14.7% | 24.1% | ||
| Q1 25 | 15.0% | 19.0% | ||
| Q4 24 | 19.7% | 13.3% | ||
| Q3 24 | 21.7% | 9.4% | ||
| Q2 24 | 18.6% | 22.7% | ||
| Q1 24 | 16.6% | 17.5% |
净利率ACMRBR
| Q4 25 | 3.3% | 16.6% | ||
| Q3 25 | 13.3% | — | ||
| Q2 25 | 13.8% | 18.1% | ||
| Q1 25 | 11.8% | 13.4% | ||
| Q4 24 | 13.9% | 9.0% | ||
| Q3 24 | 15.2% | 5.6% | ||
| Q2 24 | 12.0% | 16.6% | ||
| Q1 24 | 11.5% | 12.4% |
每股收益（稀释后）ACMRBR
| Q4 25 | $0.11 | $2.42 | ||
| Q3 25 | $0.52 | — | ||
| Q2 25 | $0.44 | $3.17 | ||
| Q1 25 | $0.30 | $2.05 | ||
| Q4 24 | $0.47 | $1.20 | ||
| Q3 24 | $0.45 | $0.68 | ||
| Q2 24 | $0.35 | $2.72 | ||
| Q1 24 | $0.26 | $1.79 |
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 | $371.5M |
| 总债务越低越好 | $214.0M | $3.2B |
| 股东权益账面价值 | $1.5B | $2.9B |
| 总资产 | $2.9B | $8.6B |
| 负债/权益比越低杠杆越低 | 0.15× | 1.10× |
8季度趋势，按日历期对齐
现金及短期投资ACMRBR
| Q4 25 | $792.9M | $371.5M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $463.2M | $562.2M | ||
| Q1 25 | $475.6M | $317.9M | ||
| Q4 24 | $426.8M | $290.6M | ||
| Q3 24 | $353.8M | $293.5M | ||
| Q2 24 | $343.6M | $305.2M | ||
| Q1 24 | $230.0M | $236.4M |
总债务ACMRBR
| Q4 25 | $214.0M | $3.2B | ||
| Q3 25 | $242.0M | — | ||
| Q2 25 | $225.1M | $3.3B | ||
| Q1 25 | $202.5M | $3.4B | ||
| Q4 24 | $150.0M | $3.7B | ||
| Q3 24 | $150.0M | $3.6B | ||
| Q2 24 | $90.5M | $3.4B | ||
| Q1 24 | $60.0M | $3.5B |
股东权益ACMRBR
| Q4 25 | $1.5B | $2.9B | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $986.5M | $2.7B | ||
| Q1 25 | $949.1M | $2.4B | ||
| Q4 24 | $904.6M | $2.2B | ||
| Q3 24 | $888.2M | $2.2B | ||
| Q2 24 | $833.2M | $2.2B | ||
| Q1 24 | $796.2M | $2.3B |
总资产ACMRBR
| Q4 25 | $2.9B | $8.6B | ||
| Q3 25 | $2.8B | — | ||
| Q2 25 | $2.0B | $8.5B | ||
| Q1 25 | $1.9B | $8.3B | ||
| Q4 24 | $1.9B | $8.2B | ||
| Q3 24 | $1.8B | $8.0B | ||
| Q2 24 | $1.7B | $8.2B | ||
| Q1 24 | $1.6B | $8.2B |
负债/权益比ACMRBR
| Q4 25 | 0.15× | 1.10× | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.23× | 1.22× | ||
| Q1 25 | 0.21× | 1.44× | ||
| Q4 24 | 0.17× | 1.64× | ||
| Q3 24 | 0.17× | 1.63× | ||
| Q2 24 | 0.11× | 1.55× | ||
| Q1 24 | 0.08× | 1.55× |
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ACMRBR
| Q4 25 | $33.9M | — | ||
| Q3 25 | $-4.6M | — | ||
| Q2 25 | $-44.9M | $699.7M | ||
| Q1 25 | $5.3M | $360.4M | ||
| Q4 24 | $88.6M | $236.7M | ||
| Q3 24 | $11.9M | $-125.5M | ||
| Q2 24 | $61.6M | $721.0M | ||
| Q1 24 | $-9.6M | $207.4M |
自由现金流ACMRBR
| Q4 25 | $20.1M | — | ||
| Q3 25 | $-15.6M | — | ||
| Q2 25 | $-59.6M | $684.1M | ||
| Q1 25 | $-11.4M | $348.9M | ||
| Q4 24 | $77.2M | $227.9M | ||
| Q3 24 | $-20.6M | $-133.4M | ||
| Q2 24 | $48.5M | $703.2M | ||
| Q1 24 | $-35.1M | $184.6M |
自由现金流率ACMRBR
| Q4 25 | 8.2% | — | ||
| Q3 25 | -5.8% | — | ||
| Q2 25 | -27.7% | 33.1% | ||
| Q1 25 | -6.6% | 19.3% | ||
| Q4 24 | 34.5% | 14.3% | ||
| Q3 24 | -10.1% | -9.4% | ||
| Q2 24 | 24.0% | 36.2% | ||
| Q1 24 | -23.0% | 10.7% |
资本支出强度ACMRBR
| Q4 25 | 5.6% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 6.8% | 0.8% | ||
| Q1 25 | 9.7% | 0.6% | ||
| Q4 24 | 5.1% | 0.6% | ||
| Q3 24 | 16.0% | 0.6% | ||
| Q2 24 | 6.5% | 0.9% | ||
| Q1 24 | 16.7% | 1.3% |
现金转化率ACMRBR
| Q4 25 | 4.21× | — | ||
| Q3 25 | -0.13× | — | ||
| Q2 25 | -1.51× | 1.87× | ||
| Q1 25 | 0.26× | 1.48× | ||
| Q4 24 | 2.85× | 1.66× | ||
| Q3 24 | 0.39× | -1.57× | ||
| Q2 24 | 2.54× | 2.23× | ||
| Q1 24 | -0.55× | 0.97× |
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% |
BR
| Recurring Fee Revenue Investor Communication Solutions | $589.5M | 34% |
| Recurring Fee Revenue Capital Markets | $300.9M | 18% |
| Recurring Fee Revenue Regulatory | $248.7M | 15% |
| Recurring Fee Revenue Customer Communications | $189.2M | 11% |
| Recurring Fee Revenue Wealth And Investment Management | $179.7M | 10% |
| Recurring Fee Revenue Data Driven Fund Solutions | $112.7M | 7% |
| Event Driven Revenue Mutual Funds | $51.4M | 3% |
| Event Driven Revenue Equity And Other | $39.2M | 2% |
| Global Technology And Operations | $7.5M | 0% |
