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盛美半导体（ACMR）与Essex Property Trust（ESS）财务数据对比。点击上方公司名可切换其他公司
Essex Property Trust的季度营收约是盛美半导体的2.0倍（$479.6M vs $244.4M），Essex Property Trust净利率更高（17.9% vs 3.3%，领先14.6%），盛美半导体同比增速更快（9.4% vs 5.5%），过去两年盛美半导体的营收复合增速更高（26.7% vs 6.0%）
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。
Essex Property Trust是一家公开上市的房地产投资信托企业，重点布局美国西海岸优质不动产市场，核心投资标的为加利福尼亚州及西雅图大都会区的公寓类物业，在长租公寓的投资、运营及管理领域拥有深厚的行业积累与资源优势。
ACMR vs ESS — 直观对比
营收规模更大
ESS
是对方的2.0倍
$244.4M
营收增速更快
ACMR
高出3.8%
5.5%
净利率更高
ESS
高出14.6%
3.3%
两年增速更快
ACMR
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $244.4M | $479.6M |
| 净利润 | $8.0M | $85.7M |
| 毛利率 | 40.9% | 70.0% |
| 营业利润率 | 9.4% | 31.7% |
| 净利率 | 3.3% | 17.9% |
| 营收同比 | 9.4% | 5.5% |
| 净利润同比 | -74.1% | -71.6% |
| 每股收益（稀释后） | $0.11 | $1.24 |
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ACMRESS
| Q4 25 | $244.4M | $479.6M | ||
| Q3 25 | $269.2M | $473.3M | ||
| Q2 25 | $215.4M | $469.8M | ||
| Q1 25 | $172.3M | $464.6M | ||
| Q4 24 | $223.5M | $454.5M | ||
| Q3 24 | $204.0M | $450.7M | ||
| Q2 24 | $202.5M | $442.4M | ||
| Q1 24 | $152.2M | $426.9M |
净利润ACMRESS
| Q4 25 | $8.0M | $85.7M | ||
| Q3 25 | $35.9M | $172.7M | ||
| Q2 25 | $29.8M | $231.5M | ||
| Q1 25 | $20.4M | $212.8M | ||
| Q4 24 | $31.1M | $301.7M | ||
| Q3 24 | $30.9M | $125.5M | ||
| Q2 24 | $24.2M | $99.0M | ||
| Q1 24 | $17.4M | $285.1M |
毛利率ACMRESS
| Q4 25 | 40.9% | 70.0% | ||
| Q3 25 | 42.0% | 69.2% | ||
| Q2 25 | 48.5% | 70.7% | ||
| Q1 25 | 47.9% | 69.6% | ||
| Q4 24 | 49.6% | 70.0% | ||
| Q3 24 | 51.4% | 69.5% | ||
| Q2 24 | 47.8% | 70.8% | ||
| Q1 24 | 52.0% | 69.7% |
营业利润率ACMRESS
| Q4 25 | 9.4% | 31.7% | ||
| Q3 25 | 10.7% | 44.5% | ||
| Q2 25 | 14.7% | 59.5% | ||
| Q1 25 | 15.0% | 55.3% | ||
| Q4 24 | 19.7% | 67.0% | ||
| Q3 24 | 21.7% | 28.6% | ||
| Q2 24 | 18.6% | 31.1% | ||
| Q1 24 | 16.6% | 31.0% |
净利率ACMRESS
| Q4 25 | 3.3% | 17.9% | ||
| Q3 25 | 13.3% | 36.5% | ||
| Q2 25 | 13.8% | 49.3% | ||
| Q1 25 | 11.8% | 45.8% | ||
| Q4 24 | 13.9% | 66.4% | ||
| Q3 24 | 15.2% | 27.8% | ||
| Q2 24 | 12.0% | 22.4% | ||
| Q1 24 | 11.5% | 66.8% |
每股收益（稀释后）ACMRESS
| Q4 25 | $0.11 | $1.24 | ||
| Q3 25 | $0.52 | $2.56 | ||
| Q2 25 | $0.44 | $3.44 | ||
| Q1 25 | $0.30 | $3.16 | ||
| Q4 24 | $0.47 | $4.00 | ||
| Q3 24 | $0.45 | $1.84 | ||
| Q2 24 | $0.35 | $1.45 | ||
| Q1 24 | $0.26 | $4.25 |
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 | $76.2M |
| 总债务越低越好 | $214.0M | — |
| 股东权益账面价值 | $1.5B | $5.5B |
| 总资产 | $2.9B | $13.2B |
| 负债/权益比越低杠杆越低 | 0.15× | — |
8季度趋势，按日历期对齐
现金及短期投资ACMRESS
| Q4 25 | $792.9M | $76.2M | ||
| Q3 25 | $1.1B | $66.0M | ||
| Q2 25 | $463.2M | $58.7M | ||
| Q1 25 | $475.6M | $98.7M | ||
| Q4 24 | $426.8M | $66.8M | ||
| Q3 24 | $353.8M | $71.3M | ||
| Q2 24 | $343.6M | $55.2M | ||
| Q1 24 | $230.0M | $499.0M |
总债务ACMRESS
| Q4 25 | $214.0M | — | ||
| Q3 25 | $242.0M | $6.4B | ||
| Q2 25 | $225.1M | $6.4B | ||
| Q1 25 | $202.5M | $6.8B | ||
| Q4 24 | $150.0M | — | ||
| Q3 24 | $150.0M | $6.4B | ||
| Q2 24 | $90.5M | $6.2B | ||
| Q1 24 | $60.0M | $6.6B |
股东权益ACMRESS
| Q4 25 | $1.5B | $5.5B | ||
| Q3 25 | $1.4B | $5.6B | ||
| Q2 25 | $986.5M | $5.6B | ||
| Q1 25 | $949.1M | $5.6B | ||
| Q4 24 | $904.6M | $5.5B | ||
| Q3 24 | $888.2M | $5.4B | ||
| Q2 24 | $833.2M | $5.5B | ||
| Q1 24 | $796.2M | $5.5B |
总资产ACMRESS
| Q4 25 | $2.9B | $13.2B | ||
| Q3 25 | $2.8B | $13.2B | ||
| Q2 25 | $2.0B | $13.2B | ||
| Q1 25 | $1.9B | $13.2B | ||
| Q4 24 | $1.9B | $12.9B | ||
| Q3 24 | $1.8B | $12.6B | ||
| Q2 24 | $1.7B | $12.5B | ||
| Q1 24 | $1.6B | $12.9B |
负债/权益比ACMRESS
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.17× | 1.15× | ||
| Q2 25 | 0.23× | 1.14× | ||
| Q1 25 | 0.21× | 1.22× | ||
| Q4 24 | 0.17× | — | ||
| Q3 24 | 0.17× | 1.18× | ||
| Q2 24 | 0.11× | 1.13× | ||
| Q1 24 | 0.08× | 1.19× |
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 | $1.1B |
| 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× | 12.53× |
| 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ACMRESS
| Q4 25 | $33.9M | $1.1B | ||
| Q3 25 | $-4.6M | $342.6M | ||
| Q2 25 | $-44.9M | $216.1M | ||
| Q1 25 | $5.3M | $281.5M | ||
| Q4 24 | $88.6M | $1.1B | ||
| Q3 24 | $11.9M | $316.2M | ||
| Q2 24 | $61.6M | $218.9M | ||
| Q1 24 | $-9.6M | $314.9M |
自由现金流ACMRESS
| Q4 25 | $20.1M | — | ||
| Q3 25 | $-15.6M | — | ||
| Q2 25 | $-59.6M | — | ||
| Q1 25 | $-11.4M | — | ||
| Q4 24 | $77.2M | — | ||
| Q3 24 | $-20.6M | — | ||
| Q2 24 | $48.5M | — | ||
| Q1 24 | $-35.1M | — |
自由现金流率ACMRESS
| Q4 25 | 8.2% | — | ||
| Q3 25 | -5.8% | — | ||
| Q2 25 | -27.7% | — | ||
| Q1 25 | -6.6% | — | ||
| Q4 24 | 34.5% | — | ||
| Q3 24 | -10.1% | — | ||
| Q2 24 | 24.0% | — | ||
| Q1 24 | -23.0% | — |
资本支出强度ACMRESS
| Q4 25 | 5.6% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 6.8% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | 5.1% | — | ||
| Q3 24 | 16.0% | — | ||
| Q2 24 | 6.5% | — | ||
| Q1 24 | 16.7% | — |
现金转化率ACMRESS
| Q4 25 | 4.21× | 12.53× | ||
| Q3 25 | -0.13× | 1.98× | ||
| Q2 25 | -1.51× | 0.93× | ||
| Q1 25 | 0.26× | 1.32× | ||
| Q4 24 | 2.85× | 3.54× | ||
| Q3 24 | 0.39× | 2.52× | ||
| Q2 24 | 2.54× | 2.21× | ||
| Q1 24 | -0.55× | 1.10× |
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% |
ESS
暂无分部数据
