vs
ACACIA RESEARCH CORP（ACTG）与FGI Industries Ltd.（FGI）财务数据对比。点击上方公司名可切换其他公司
ACACIA RESEARCH CORP的季度营收约是FGI Industries Ltd.的1.6倍（$50.1M vs $30.5M），ACACIA RESEARCH CORP净利率更高（6.8% vs -8.6%，领先15.4%），ACACIA RESEARCH CORP同比增速更快（2.6% vs -14.4%），过去两年ACACIA RESEARCH CORP的营收复合增速更高（43.6% vs -0.5%）
槐亚研究公司是一家总部位于纽约市的美国上市企业，在科技、能源以及工业制造领域开展业务收购与运营工作。该公司与控股股东斯塔博德价值投资合伙企业保持战略伙伴关系，这家企业在业内常被归类为专利流氓。
FGI Industries Ltd是一家全球厨卫产品、家居收纳解决方案及家装用品的设计、制造与分销商，服务覆盖北美、欧洲及亚太地区的大型连锁零售商、家居专营店和电商平台。
ACTG vs FGI — 直观对比
营收规模更大
ACTG
是对方的1.6倍
$30.5M
营收增速更快
ACTG
高出17.0%
-14.4%
净利率更高
ACTG
高出15.4%
-8.6%
两年增速更快
ACTG
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $50.1M | $30.5M |
| 净利润 | $3.4M | $-2.6M |
| 毛利率 | 12.8% | 26.7% |
| 营业利润率 | -26.1% | -2.2% |
| 净利率 | 6.8% | -8.6% |
| 营收同比 | 2.6% | -14.4% |
| 净利润同比 | 125.5% | -553.1% |
| 每股收益（稀释后） | $0.03 | $-1.63 |
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ACTGFGI
| Q4 25 | $50.1M | $30.5M | ||
| Q3 25 | $59.4M | $35.8M | ||
| Q2 25 | $51.2M | $31.0M | ||
| Q1 25 | $124.4M | $33.2M | ||
| Q4 24 | $48.8M | $35.6M | ||
| Q3 24 | $23.3M | $36.1M | ||
| Q2 24 | $25.8M | $29.4M | ||
| Q1 24 | $24.3M | $30.8M |
净利润ACTGFGI
| Q4 25 | $3.4M | $-2.6M | ||
| Q3 25 | $-2.7M | $-1.7M | ||
| Q2 25 | $-3.3M | $-1.2M | ||
| Q1 25 | $24.3M | $-629.1K | ||
| Q4 24 | $-13.4M | $-402.3K | ||
| Q3 24 | $-14.0M | $-550.1K | ||
| Q2 24 | $-8.4M | $163.6K | ||
| Q1 24 | $-186.0K | $-412.2K |
毛利率ACTGFGI
| Q4 25 | 12.8% | 26.7% | ||
| Q3 25 | 21.2% | 26.5% | ||
| Q2 25 | 12.8% | 28.1% | ||
| Q1 25 | 47.4% | 26.8% | ||
| Q4 24 | 17.6% | 24.6% | ||
| Q3 24 | 10.1% | 25.8% | ||
| Q2 24 | 26.2% | 30.5% | ||
| Q1 24 | 49.2% | 27.4% |
营业利润率ACTGFGI
| Q4 25 | -26.1% | -2.2% | ||
| Q3 25 | -10.8% | 1.0% | ||
| Q2 25 | -24.2% | -2.7% | ||
| Q1 25 | 30.8% | -3.9% | ||
| Q4 24 | -32.4% | -3.5% | ||
| Q3 24 | -44.1% | -0.2% | ||
| Q2 24 | -18.4% | -1.5% | ||
| Q1 24 | -8.6% | -1.0% |
净利率ACTGFGI
| Q4 25 | 6.8% | -8.6% | ||
| Q3 25 | -4.6% | -4.6% | ||
| Q2 25 | -6.4% | -4.0% | ||
| Q1 25 | 19.5% | -1.9% | ||
| Q4 24 | -27.5% | -1.1% | ||
| Q3 24 | -60.0% | -1.5% | ||
| Q2 24 | -32.7% | 0.6% | ||
| Q1 24 | -0.8% | -1.3% |
每股收益（稀释后）ACTGFGI
| Q4 25 | $0.03 | $-1.63 | ||
| Q3 25 | $-0.03 | $-0.86 | ||
| Q2 25 | $-0.03 | $-0.64 | ||
| Q1 25 | $0.25 | $-0.07 | ||
| Q4 24 | $-0.14 | $-0.38 | ||
| Q3 24 | $-0.14 | $-0.29 | ||
| Q2 24 | $-0.08 | $0.08 | ||
| Q1 24 | $0.00 | $-0.04 |
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 | $306.7M | $1.9M |
| 总债务越低越好 | $91.9M | — |
| 股东权益账面价值 | $543.5M | $17.3M |
| 总资产 | $771.0M | $69.5M |
| 负债/权益比越低杠杆越低 | 0.17× | — |
8季度趋势，按日历期对齐
现金及短期投资ACTGFGI
| Q4 25 | $306.7M | $1.9M | ||
| Q3 25 | $301.8M | $1.9M | ||
| Q2 25 | $316.7M | $2.5M | ||
| Q1 25 | $272.0M | $1.2M | ||
| Q4 24 | $273.9M | $4.6M | ||
| Q3 24 | $410.9M | $3.0M | ||
| Q2 24 | $441.9M | $1.3M | ||
| Q1 24 | $498.4M | $3.3M |
总债务ACTGFGI
| Q4 25 | $91.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ACTGFGI
| Q4 25 | $543.5M | $17.3M | ||
| Q3 25 | $537.6M | $19.7M | ||
| Q2 25 | $538.6M | $21.3M | ||
| Q1 25 | $540.2M | $21.8M | ||
| Q4 24 | $514.8M | $22.3M | ||
| Q3 24 | $540.2M | $23.5M | ||
| Q2 24 | $560.7M | $23.8M | ||
| Q1 24 | $568.3M | $23.9M |
总资产ACTGFGI
| Q4 25 | $771.0M | $69.5M | ||
| Q3 25 | $768.9M | $73.0M | ||
| Q2 25 | $775.5M | $71.7M | ||
| Q1 25 | $801.6M | $68.5M | ||
| Q4 24 | $756.4M | $75.5M | ||
| Q3 24 | $707.6M | $74.7M | ||
| Q2 24 | $753.6M | $69.9M | ||
| Q1 24 | $631.7M | $68.6M |
负债/权益比ACTGFGI
| Q4 25 | 0.17× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $75.2M | $2.3M |
| 自由现金流经营现金流 - 资本支出 | — | $2.3M |
| 自由现金流率自由现金流/营收 | — | 7.5% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 现金转化率经营现金流/净利润 | 22.01× | — |
| 过去12个月自由现金流最近4个季度 | — | $-212.5K |
8季度趋势，按日历期对齐
经营现金流ACTGFGI
| Q4 25 | $75.2M | $2.3M | ||
| Q3 25 | $9.5M | $-1.9M | ||
| Q2 25 | $50.1M | $7.6M | ||
| Q1 25 | $2.4M | $-7.4M | ||
| Q4 24 | $50.1M | $617.4K | ||
| Q3 24 | $-593.0K | $-915.0K | ||
| Q2 24 | $16.1M | $862.1K | ||
| Q1 24 | $54.8M | $-8.0M |
自由现金流ACTGFGI
| Q4 25 | — | $2.3M | ||
| Q3 25 | — | $-2.1M | ||
| Q2 25 | — | $7.4M | ||
| Q1 25 | $335.0K | $-7.7M | ||
| Q4 24 | $-98.5M | $-214.1K | ||
| Q3 24 | $-2.8M | $-1.1M | ||
| Q2 24 | $-126.7M | $281.5K | ||
| Q1 24 | $54.6M | $-8.6M |
自由现金流率ACTGFGI
| Q4 25 | — | 7.5% | ||
| Q3 25 | — | -5.9% | ||
| Q2 25 | — | 23.8% | ||
| Q1 25 | 0.3% | -23.3% | ||
| Q4 24 | -201.8% | -0.6% | ||
| Q3 24 | -12.1% | -3.0% | ||
| Q2 24 | -490.5% | 1.0% | ||
| Q1 24 | 224.4% | -28.0% |
资本支出强度ACTGFGI
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | 1.7% | 1.1% | ||
| Q4 24 | 304.4% | 2.3% | ||
| Q3 24 | 9.6% | 0.5% | ||
| Q2 24 | 553.0% | 2.0% | ||
| Q1 24 | 1.1% | 2.0% |
现金转化率ACTGFGI
| Q4 25 | 22.01× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 5.27× | ||
| Q1 24 | — | — |
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
ACTG
| Energy Operations | $16.0M | 32% |
| Transportation Safety | $10.4M | 21% |
| Office Storage And Display Solutions | $8.4M | 17% |
| Printers Consumables And Parts | $6.5M | 13% |
| Natural Gas Reserves | $5.1M | 10% |
| Natural Gas Liquids Reserves | $3.3M | 7% |
FGI
| Sanitaryware | $19.1M | 63% |
| Shower System | $5.8M | 19% |
| Kitchen And Bath Other | $3.3M | 11% |
| Bath Furniture Products | $2.3M | 7% |
