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ADC Therapeutics SA（ADCT）与AMREP CORP.（AXR）财务数据对比。点击上方公司名可切换其他公司
ADC Therapeutics SA的季度营收约是AMREP CORP.的1.6倍（$23.1M vs $14.6M），AMREP CORP.同比增速更快（93.8% vs 36.4%），过去两年ADC Therapeutics SA的营收复合增速更高（13.7% vs -13.6%）
ADC电信曾是一家坐落于明尼阿波利斯西南郊区伊登普雷利的通信企业，2010年12月被泰科电子收购后不再作为独立主体运营。2015年8月康普从泰科电子收购宽带网络解决方案业务部门后，开始接手销售原ADC的产品。
AMREP是一家总部位于美国新泽西州普林斯顿的企业，核心业务涵盖房地产与媒体服务领域。公司前身为美国地产石油公司，于1961年正式成立，在相关行业拥有六十余年的发展运营历史。
ADCT vs AXR — 直观对比
营收规模更大
ADCT
是对方的1.6倍
$14.6M
营收增速更快
AXR
高出57.4%
36.4%
两年增速更快
ADCT
近两年复合增速
-13.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $23.1M | $14.6M |
| 净利润 | — | $3.1M |
| 毛利率 | — | — |
| 营业利润率 | -77.7% | 20.6% |
| 净利率 | — | 21.6% |
| 营收同比 | 36.4% | 93.8% |
| 净利润同比 | — | 338.9% |
| 每股收益（稀释后） | $0.04 | $0.58 |
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ADCTAXR
| Q1 26 | — | $14.6M | ||
| Q4 25 | $23.1M | $9.4M | ||
| Q3 25 | $15.8M | $17.9M | ||
| Q2 25 | $18.1M | $11.2M | ||
| Q1 25 | $17.4M | $7.5M | ||
| Q4 24 | $16.9M | $11.9M | ||
| Q3 24 | $18.0M | $19.1M | ||
| Q2 24 | $17.0M | $19.5M |
净利润ADCTAXR
| Q1 26 | — | $3.1M | ||
| Q4 25 | — | $1.2M | ||
| Q3 25 | $-41.0M | $4.7M | ||
| Q2 25 | $-56.6M | $3.9M | ||
| Q1 25 | $-38.6M | $717.0K | ||
| Q4 24 | — | $4.0M | ||
| Q3 24 | $-44.0M | $4.1M | ||
| Q2 24 | $-36.5M | $4.1M |
营业利润率ADCTAXR
| Q1 26 | — | 20.6% | ||
| Q4 25 | -77.7% | 11.9% | ||
| Q3 25 | -196.6% | 34.4% | ||
| Q2 25 | -244.1% | 31.7% | ||
| Q1 25 | -163.5% | 5.7% | ||
| Q4 24 | -191.8% | 26.4% | ||
| Q3 24 | -197.4% | 26.1% | ||
| Q2 24 | -170.5% | 23.9% |
净利率ADCTAXR
| Q1 26 | — | 21.6% | ||
| Q4 25 | — | 12.8% | ||
| Q3 25 | -260.1% | 26.3% | ||
| Q2 25 | -313.2% | 34.8% | ||
| Q1 25 | -221.8% | 9.5% | ||
| Q4 24 | — | 33.9% | ||
| Q3 24 | -244.1% | 21.3% | ||
| Q2 24 | -214.6% | 21.2% |
每股收益（稀释后）ADCTAXR
| Q1 26 | — | $0.58 | ||
| Q4 25 | $0.04 | $0.22 | ||
| Q3 25 | $-0.30 | $0.87 | ||
| Q2 25 | $-0.50 | $0.73 | ||
| Q1 25 | $-0.36 | $0.13 | ||
| Q4 24 | $-0.26 | $0.75 | ||
| Q3 24 | $-0.42 | $0.76 | ||
| Q2 24 | $-0.38 | $0.77 |
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 | $261.3M | $50.0M |
| 总债务越低越好 | — | $21.0K |
| 股东权益账面价值 | $-185.8M | $139.4M |
| 总资产 | $323.1M | $143.9M |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ADCTAXR
| Q1 26 | — | $50.0M | ||
| Q4 25 | $261.3M | $44.6M | ||
| Q3 25 | $234.7M | $48.9M | ||
| Q2 25 | $264.6M | $39.5M | ||
| Q1 25 | $194.7M | $36.9M | ||
| Q4 24 | $250.9M | $40.1M | ||
| Q3 24 | $274.3M | $40.4M | ||
| Q2 24 | $300.1M | $29.7M |
总债务ADCTAXR
| Q1 26 | — | $21.0K | ||
| Q4 25 | — | $23.0K | ||
| Q3 25 | — | $25.0K | ||
| Q2 25 | — | $26.0K | ||
| Q1 25 | — | $29.0K | ||
| Q4 24 | — | $32.0K | ||
| Q3 24 | — | $34.0K | ||
| Q2 24 | — | $35.0K |
股东权益ADCTAXR
| Q1 26 | — | $139.4M | ||
| Q4 25 | $-185.8M | $136.0M | ||
| Q3 25 | $-238.2M | $134.7M | ||
| Q2 25 | $-199.2M | $130.0M | ||
| Q1 25 | $-238.2M | $126.0M | ||
| Q4 24 | $-202.6M | $125.1M | ||
| Q3 24 | $-171.9M | $122.2M | ||
| Q2 24 | $-131.7M | $118.0M |
总资产ADCTAXR
| Q1 26 | — | $143.9M | ||
| Q4 25 | $323.1M | $140.1M | ||
| Q3 25 | $289.8M | $140.7M | ||
| Q2 25 | $321.6M | $133.8M | ||
| Q1 25 | $272.5M | $128.9M | ||
| Q4 24 | $322.0M | $129.1M | ||
| Q3 24 | $349.1M | $127.0M | ||
| Q2 24 | $371.8M | $122.8M |
负债/权益比ADCTAXR
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× |
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 | $-31.1M | $5.4M |
| 自由现金流经营现金流 - 资本支出 | — | $5.4M |
| 自由现金流率自由现金流/营收 | — | 37.0% |
| 资本支出强度资本支出/营收 | 0.0% | 0.1% |
| 现金转化率经营现金流/净利润 | — | 1.72× |
| 过去12个月自由现金流最近4个季度 | — | $20.2M |
8季度趋势，按日历期对齐
经营现金流ADCTAXR
| Q1 26 | — | $5.4M | ||
| Q4 25 | $-31.1M | $-4.3M | ||
| Q3 25 | $-29.6M | $9.5M | ||
| Q2 25 | $-24.1M | $10.2M | ||
| Q1 25 | $-56.3M | $-3.2M | ||
| Q4 24 | $-21.9M | $-182.0K | ||
| Q3 24 | $-25.0M | $10.7M | ||
| Q2 24 | $-32.8M | $10.7M |
自由现金流ADCTAXR
| Q1 26 | — | $5.4M | ||
| Q4 25 | — | $-4.3M | ||
| Q3 25 | — | $9.5M | ||
| Q2 25 | — | $9.7M | ||
| Q1 25 | $-56.6M | $-3.3M | ||
| Q4 24 | $-21.9M | $-268.0K | ||
| Q3 24 | $-25.3M | $10.7M | ||
| Q2 24 | $-32.9M | $10.3M |
自由现金流率ADCTAXR
| Q1 26 | — | 37.0% | ||
| Q4 25 | — | -45.9% | ||
| Q3 25 | — | 53.2% | ||
| Q2 25 | — | 86.4% | ||
| Q1 25 | -325.2% | -43.4% | ||
| Q4 24 | -129.8% | -2.3% | ||
| Q3 24 | -140.2% | 55.8% | ||
| Q2 24 | -193.0% | 52.5% |
资本支出强度ADCTAXR
| Q1 26 | — | 0.1% | ||
| Q4 25 | 0.0% | 0.6% | ||
| Q3 25 | 0.0% | 0.1% | ||
| Q2 25 | 0.0% | 5.2% | ||
| Q1 25 | 1.5% | 0.3% | ||
| Q4 24 | 0.5% | 0.7% | ||
| Q3 24 | 1.2% | 0.2% | ||
| Q2 24 | 0.2% | 2.3% |
现金转化率ADCTAXR
| Q1 26 | — | 1.72× | ||
| Q4 25 | — | -3.54× | ||
| Q3 25 | — | 2.03× | ||
| Q2 25 | — | 2.63× | ||
| Q1 25 | — | -4.51× | ||
| Q4 24 | — | -0.05× | ||
| Q3 24 | — | 2.63× | ||
| Q2 24 | — | 2.59× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
