vs
Aebi Schmidt Holding AG（AEBI）与亚玛芬体育（AS）财务数据对比。点击上方公司名可切换其他公司
亚玛芬体育的季度营收约是Aebi Schmidt Holding AG的2.0倍（$1.1B vs $528.4M），亚玛芬体育净利率更高（1.8% vs 1.7%，领先0.1%），亚玛芬体育自由现金流更多（$92.2M vs $29.7M）
埃比施密特集团是一家源自瑞士的跨国企业，主营农业机械、重型工程设备以及市政作业设备的生产制造，产品涵盖运输车、通用作业底盘、扫路车、拖拉机、割草机等，主要应用于市政道路养护等作业场景。
亚玛芬体育是芬兰跨国运动装备企业，总部位于赫尔辛基，成立于1950年。早年为涉足烟草贸易、航运、出版等领域的多元化工业集团，后逐步转型专注于体育用品的生产与营销，现有员工超9700人，2018年起成为中国安踏体育旗下子公司。
AEBI vs AS — 直观对比
营收规模更大
AS
是对方的2.0倍
$528.4M
净利率更高
AS
高出0.1%
1.7%
自由现金流更多
AS
多$62.5M
$29.7M
损益表 — Q4 FY2025 vs Q1 FY2024
| 指标 | | |
|---|---|---|
| 营收 | $528.4M | $1.1B |
| 净利润 | $8.8M | $19.0M |
| 毛利率 | 18.9% | 52.8% |
| 营业利润率 | 5.2% | 12.4% |
| 净利率 | 1.7% | 1.8% |
| 营收同比 | — | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-0.18 | $0.05 |
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AEBIAS
| Q4 25 | $528.4M | — | ||
| Q3 25 | $471.3M | — | ||
| Q2 25 | $277.7M | — | ||
| Q1 25 | $249.2M | — | ||
| Q1 24 | — | $1.1B | ||
| Q4 23 | — | $1.3B |
净利润AEBIAS
| Q4 25 | $8.8M | — | ||
| Q3 25 | $1.2M | — | ||
| Q2 25 | $-2.3M | — | ||
| Q1 25 | $2.1M | — | ||
| Q1 24 | — | $19.0M | ||
| Q4 23 | — | $-95.0M |
毛利率AEBIAS
| Q4 25 | 18.9% | — | ||
| Q3 25 | 20.0% | — | ||
| Q2 25 | 20.5% | — | ||
| Q1 25 | 21.4% | — | ||
| Q1 24 | — | 52.8% | ||
| Q4 23 | — | 51.9% |
营业利润率AEBIAS
| Q4 25 | 5.2% | — | ||
| Q3 25 | 3.7% | — | ||
| Q2 25 | 5.0% | — | ||
| Q1 25 | 5.8% | — | ||
| Q1 24 | — | 12.4% | ||
| Q4 23 | — | — |
净利率AEBIAS
| Q4 25 | 1.7% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | -0.8% | — | ||
| Q1 25 | 0.8% | — | ||
| Q1 24 | — | 1.8% | ||
| Q4 23 | — | -7.2% |
每股收益（稀释后）AEBIAS
| Q4 25 | $-0.18 | — | ||
| Q3 25 | $0.02 | — | ||
| Q2 25 | $-0.06 | — | ||
| Q1 25 | $0.39 | — | ||
| Q1 24 | — | $0.05 | ||
| Q4 23 | — | $-0.11 |
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 | $98.5M | — |
| 总债务越低越好 | $595.0M | — |
| 股东权益账面价值 | $814.9M | — |
| 总资产 | $2.0B | — |
| 负债/权益比越低杠杆越低 | 0.73× | — |
8季度趋势，按日历期对齐
现金及短期投资AEBIAS
| Q4 25 | $98.5M | — | ||
| Q3 25 | $126.0M | — | ||
| Q2 25 | $63.6M | — | ||
| Q1 25 | $47.8M | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | $483.4M |
总债务AEBIAS
| Q4 25 | $595.0M | — | ||
| Q3 25 | $628.4M | — | ||
| Q2 25 | $441.0M | — | ||
| Q1 25 | $402.4M | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | $6.3B |
股东权益AEBIAS
| Q4 25 | $814.9M | — | ||
| Q3 25 | $812.2M | — | ||
| Q2 25 | $359.1M | — | ||
| Q1 25 | $371.3M | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | $-156.8M |
总资产AEBIAS
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.1B | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | $8.4B |
负债/权益比AEBIAS
| Q4 25 | 0.73× | — | ||
| Q3 25 | 0.77× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.08× | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
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 | $33.5M | $114.3M |
| 自由现金流经营现金流 - 资本支出 | $29.7M | $92.2M |
| 自由现金流率自由现金流/营收 | 5.6% | 8.8% |
| 资本支出强度资本支出/营收 | 0.7% | 2.1% |
| 现金转化率经营现金流/净利润 | 3.82× | 6.02× |
| 过去12个月自由现金流最近4个季度 | $-5.2M | — |
8季度趋势，按日历期对齐
经营现金流AEBIAS
| Q4 25 | $33.5M | — | ||
| Q3 25 | $-3.3M | — | ||
| Q2 25 | $5.3M | — | ||
| Q1 25 | $-26.6M | — | ||
| Q1 24 | — | $114.3M | ||
| Q4 23 | — | $199.0M |
自由现金流AEBIAS
| Q4 25 | $29.7M | — | ||
| Q3 25 | $-8.6M | — | ||
| Q2 25 | $3.3M | — | ||
| Q1 25 | $-29.7M | — | ||
| Q1 24 | — | $92.2M | ||
| Q4 23 | — | $75.4M |
自由现金流率AEBIAS
| Q4 25 | 5.6% | — | ||
| Q3 25 | -1.8% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | -11.9% | — | ||
| Q1 24 | — | 8.8% | ||
| Q4 23 | — | 5.7% |
资本支出强度AEBIAS
| Q4 25 | 0.7% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 1.2% | — | ||
| Q1 24 | — | 2.1% | ||
| Q4 23 | — | 9.4% |
现金转化率AEBIAS
| Q4 25 | 3.82× | — | ||
| Q3 25 | -2.77× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -12.80× | — | ||
| Q1 24 | — | 6.02× | ||
| Q4 23 | — | — |
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
AEBI
| Transferred At Point In Time | $281.5M | 53% |
| Transferred Over Time | $246.9M | 47% |
AS
| Americas2 | $409.6M | 39% |
| EMEA1 | $356.9M | 34% |
| Greater China3 | $205.6M | 20% |
| Asia Pacific4 | $78.2M | 7% |
