vs
Aebi Schmidt Holding AG（AEBI）与ASTEC INDUSTRIES INC（ASTE）财务数据对比。点击上方公司名可切换其他公司
Aebi Schmidt Holding AG的季度营收约是ASTEC INDUSTRIES INC的1.3倍（$528.4M vs $400.6M）。ASTEC INDUSTRIES INC净利率更高（3.0% vs 1.7%，领先1.3%）。Aebi Schmidt Holding AG自由现金流更多（$29.7M vs $7.4M）
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。
ASTEC是一家国际电子企业，原总部设于香港，主营电源供应装置与电力转换硬件产品，是全球计算机系统电源的主要供应商之一，曾一度是全球规模最大的电源生产商。
AEBI vs ASTE — 直观对比
营收规模更大
AEBI
是对方的1.3倍
$400.6M
净利率更高
ASTE
高出1.3%
1.7%
自由现金流更多
AEBI
多$22.3M
$7.4M
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $528.4M | $400.6M |
| 净利润 | $8.8M | $12.0M |
| 毛利率 | 18.9% | 27.3% |
| 营业利润率 | 5.2% | 5.7% |
| 净利率 | 1.7% | 3.0% |
| 营收同比 | — | 11.6% |
| 净利润同比 | — | -43.1% |
| 每股收益（稀释后） | $-0.18 | $0.52 |
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AEBIASTE
| Q4 25 | $528.4M | $400.6M | ||
| Q3 25 | $471.3M | $350.1M | ||
| Q2 25 | $277.7M | $330.3M | ||
| Q1 25 | $249.2M | $329.4M | ||
| Q4 24 | — | $359.0M | ||
| Q3 24 | — | $291.4M | ||
| Q2 24 | — | $345.5M | ||
| Q1 24 | — | $309.2M |
净利润AEBIASTE
| Q4 25 | $8.8M | $12.0M | ||
| Q3 25 | $1.2M | $-4.2M | ||
| Q2 25 | $-2.3M | $16.7M | ||
| Q1 25 | $2.1M | $14.3M | ||
| Q4 24 | — | $21.1M | ||
| Q3 24 | — | $-6.2M | ||
| Q2 24 | — | $-14.0M | ||
| Q1 24 | — | $3.4M |
毛利率AEBIASTE
| Q4 25 | 18.9% | 27.3% | ||
| Q3 25 | 20.0% | 24.1% | ||
| Q2 25 | 20.5% | 26.7% | ||
| Q1 25 | 21.4% | 28.1% | ||
| Q4 24 | — | 28.7% | ||
| Q3 24 | — | 22.9% | ||
| Q2 24 | — | 23.5% | ||
| Q1 24 | — | 24.9% |
营业利润率AEBIASTE
| Q4 25 | 5.2% | 5.7% | ||
| Q3 25 | 3.7% | 0.3% | ||
| Q2 25 | 5.0% | 6.5% | ||
| Q1 25 | 5.8% | 6.2% | ||
| Q4 24 | — | 9.7% | ||
| Q3 24 | — | -2.5% | ||
| Q2 24 | — | -3.1% | ||
| Q1 24 | — | 2.0% |
净利率AEBIASTE
| Q4 25 | 1.7% | 3.0% | ||
| Q3 25 | 0.3% | -1.2% | ||
| Q2 25 | -0.8% | 5.1% | ||
| Q1 25 | 0.8% | 4.3% | ||
| Q4 24 | — | 5.9% | ||
| Q3 24 | — | -2.1% | ||
| Q2 24 | — | -4.1% | ||
| Q1 24 | — | 1.1% |
每股收益（稀释后）AEBIASTE
| Q4 25 | $-0.18 | $0.52 | ||
| Q3 25 | $0.02 | $-0.18 | ||
| Q2 25 | $-0.06 | $0.72 | ||
| Q1 25 | $0.39 | $0.62 | ||
| Q4 24 | — | $0.92 | ||
| Q3 24 | — | $-0.27 | ||
| Q2 24 | — | $-0.61 | ||
| Q1 24 | — | $0.15 |
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 | $74.1M |
| 总债务越低越好 | $595.0M | — |
| 股东权益账面价值 | $814.9M | $681.7M |
| 总资产 | $2.0B | $1.4B |
| 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AEBIASTE
| Q4 25 | $98.5M | $74.1M | ||
| Q3 25 | $126.0M | $71.8M | ||
| Q2 25 | $63.6M | $91.6M | ||
| Q1 25 | $47.8M | $95.4M | ||
| Q4 24 | — | $93.8M | ||
| Q3 24 | — | $58.9M | ||
| Q2 24 | — | $68.4M | ||
| Q1 24 | — | $63.8M |
总债务AEBIASTE
| Q4 25 | $595.0M | — | ||
| Q3 25 | $628.4M | — | ||
| Q2 25 | $441.0M | — | ||
| Q1 25 | $402.4M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AEBIASTE
| Q4 25 | $814.9M | $681.7M | ||
| Q3 25 | $812.2M | $668.9M | ||
| Q2 25 | $359.1M | $674.9M | ||
| Q1 25 | $371.3M | $653.2M | ||
| Q4 24 | — | $637.8M | ||
| Q3 24 | — | $631.4M | ||
| Q2 24 | — | $633.3M | ||
| Q1 24 | — | $650.3M |
总资产AEBIASTE
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
负债/权益比AEBIASTE
| Q4 25 | 0.73× | — | ||
| Q3 25 | 0.77× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.08× | — | ||
| 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 | $33.5M | $36.1M |
| 自由现金流经营现金流 - 资本支出 | $29.7M | $7.4M |
| 自由现金流率自由现金流/营收 | 5.6% | 1.8% |
| 资本支出强度资本支出/营收 | 0.7% | 7.2% |
| 现金转化率经营现金流/净利润 | 3.82× | 3.01× |
| 过去12个月自由现金流最近4个季度 | $-5.2M | $20.7M |
8季度趋势，按日历期对齐
经营现金流AEBIASTE
| Q4 25 | $33.5M | $36.1M | ||
| Q3 25 | $-3.3M | $-8.1M | ||
| Q2 25 | $5.3M | $12.9M | ||
| Q1 25 | $-26.6M | $20.5M | ||
| Q4 24 | — | $36.6M | ||
| Q3 24 | — | $22.5M | ||
| Q2 24 | — | $10.9M | ||
| Q1 24 | — | $-47.0M |
自由现金流AEBIASTE
| Q4 25 | $29.7M | $7.4M | ||
| Q3 25 | $-8.6M | $-12.3M | ||
| Q2 25 | $3.3M | $9.0M | ||
| Q1 25 | $-29.7M | $16.6M | ||
| Q4 24 | — | $32.1M | ||
| Q3 24 | — | $19.9M | ||
| Q2 24 | — | $3.3M | ||
| Q1 24 | — | $-52.8M |
自由现金流率AEBIASTE
| Q4 25 | 5.6% | 1.8% | ||
| Q3 25 | -1.8% | -3.5% | ||
| Q2 25 | 1.2% | 2.7% | ||
| Q1 25 | -11.9% | 5.0% | ||
| Q4 24 | — | 8.9% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | — | -17.1% |
资本支出强度AEBIASTE
| Q4 25 | 0.7% | 7.2% | ||
| Q3 25 | 1.1% | 1.2% | ||
| Q2 25 | 0.7% | 1.2% | ||
| Q1 25 | 1.2% | 1.2% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 1.9% |
现金转化率AEBIASTE
| Q4 25 | 3.82× | 3.01× | ||
| Q3 25 | -2.77× | — | ||
| Q2 25 | — | 0.77× | ||
| Q1 25 | -12.80× | 1.43× | ||
| Q4 24 | — | 1.73× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -13.82× |
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% |
ASTE
| Infrastructure Group | $208.7M | 52% |
| Material Solutions | $105.3M | 26% |
| Parts And Component Sales | $58.3M | 15% |
| Other | $15.3M | 4% |
| Service And Equipment Installation Revenue | $6.9M | 2% |
| Cargo And Freight | $6.1M | 2% |
