vs
Aebi Schmidt Holding AG（AEBI）与CNH Industrial N.V.（CNH）财务数据对比。点击上方公司名可切换其他公司
CNH Industrial N.V.的季度营收约是Aebi Schmidt Holding AG的8.4倍（$4.5B vs $528.4M）。CNH Industrial N.V.净利率更高（1.9% vs 1.7%，领先0.3%）
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。
CNH Industrial是意美跨国企业，全球总部位于英国巴西尔登，由跨国投资公司Exor控股，实际控制方为阿涅利家族。公司核心业务涵盖农业机械、工程设备的设计、生产及销售，覆盖全球所有主要市场，目前正重点拓展高增长市场的业务布局。
AEBI vs CNH — 直观对比
营收规模更大
CNH
是对方的8.4倍
$528.4M
净利率更高
CNH
高出0.3%
1.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $528.4M | $4.5B |
| 净利润 | $8.8M | $86.0M |
| 毛利率 | 18.9% | 18.4% |
| 营业利润率 | 5.2% | 3.0% |
| 净利率 | 1.7% | 1.9% |
| 营收同比 | — | 7.8% |
| 净利润同比 | — | -18.9% |
| 每股收益（稀释后） | $-0.18 | $0.08 |
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AEBICNH
| Q4 25 | $528.4M | $4.5B | ||
| Q3 25 | $471.3M | $3.7B | ||
| Q2 25 | $277.7M | $4.0B | ||
| Q1 25 | $249.2M | $3.2B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.8B | ||
| Q1 24 | — | $4.1B |
净利润AEBICNH
| Q4 25 | $8.8M | $86.0M | ||
| Q3 25 | $1.2M | $80.0M | ||
| Q2 25 | $-2.3M | $213.0M | ||
| Q1 25 | $2.1M | $131.0M | ||
| Q4 24 | — | $106.0M | ||
| Q3 24 | — | $306.0M | ||
| Q2 24 | — | $433.0M | ||
| Q1 24 | — | $401.0M |
毛利率AEBICNH
| Q4 25 | 18.9% | 18.4% | ||
| Q3 25 | 20.0% | 19.1% | ||
| Q2 25 | 20.5% | 20.6% | ||
| Q1 25 | 21.4% | 19.0% | ||
| Q4 24 | — | 19.5% | ||
| Q3 24 | — | 21.7% | ||
| Q2 24 | — | 22.9% | ||
| Q1 24 | — | 22.7% |
营业利润率AEBICNH
| Q4 25 | 5.2% | 3.0% | ||
| Q3 25 | 3.7% | 1.4% | ||
| Q2 25 | 5.0% | 6.8% | ||
| Q1 25 | 5.8% | 5.1% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 9.6% | ||
| Q2 24 | — | 11.1% | ||
| Q1 24 | — | 11.6% |
净利率AEBICNH
| Q4 25 | 1.7% | 1.9% | ||
| Q3 25 | 0.3% | 2.2% | ||
| Q2 25 | -0.8% | 5.3% | ||
| Q1 25 | 0.8% | 4.1% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 7.7% | ||
| Q2 24 | — | 9.0% | ||
| Q1 24 | — | 9.7% |
每股收益（稀释后）AEBICNH
| Q4 25 | $-0.18 | $0.08 | ||
| Q3 25 | $0.02 | $0.06 | ||
| Q2 25 | $-0.06 | $0.17 | ||
| Q1 25 | $0.39 | $0.10 | ||
| Q4 24 | — | $0.10 | ||
| Q3 24 | — | $0.24 | ||
| Q2 24 | — | $0.34 | ||
| Q1 24 | — | $0.31 |
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 | $2.6B |
| 总债务越低越好 | $595.0M | — |
| 股东权益账面价值 | $814.9M | $7.8B |
| 总资产 | $2.0B | $42.7B |
| 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AEBICNH
| Q4 25 | $98.5M | $2.6B | ||
| Q3 25 | $126.0M | $2.3B | ||
| Q2 25 | $63.6M | $2.5B | ||
| Q1 25 | $47.8M | $1.7B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $3.2B |
总债务AEBICNH
| 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AEBICNH
| Q4 25 | $814.9M | $7.8B | ||
| Q3 25 | $812.2M | $7.8B | ||
| Q2 25 | $359.1M | $7.8B | ||
| Q1 25 | $371.3M | $7.9B | ||
| Q4 24 | — | $7.7B | ||
| Q3 24 | — | $7.7B | ||
| Q2 24 | — | $7.6B | ||
| Q1 24 | — | $8.0B |
总资产AEBICNH
| Q4 25 | $2.0B | $42.7B | ||
| Q3 25 | $2.1B | $43.3B | ||
| Q2 25 | $1.2B | $43.7B | ||
| Q1 25 | $1.1B | $42.1B | ||
| Q4 24 | — | $42.9B | ||
| Q3 24 | — | $44.0B | ||
| Q2 24 | — | $44.0B | ||
| Q1 24 | — | $45.7B |
负债/权益比AEBICNH
| 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 | $945.0M |
| 自由现金流经营现金流 - 资本支出 | $29.7M | — |
| 自由现金流率自由现金流/营收 | 5.6% | — |
| 资本支出强度资本支出/营收 | 0.7% | — |
| 现金转化率经营现金流/净利润 | 3.82× | 10.99× |
| 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AEBICNH
| Q4 25 | $33.5M | $945.0M | ||
| Q3 25 | $-3.3M | $659.0M | ||
| Q2 25 | $5.3M | $772.0M | ||
| Q1 25 | $-26.6M | $162.0M | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $791.0M | ||
| Q2 24 | — | $379.0M | ||
| Q1 24 | — | $-894.0M |
自由现金流AEBICNH
| Q4 25 | $29.7M | — | ||
| Q3 25 | $-8.6M | — | ||
| Q2 25 | $3.3M | — | ||
| Q1 25 | $-29.7M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率AEBICNH
| Q4 25 | 5.6% | — | ||
| Q3 25 | -1.8% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | -11.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度AEBICNH
| Q4 25 | 0.7% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率AEBICNH
| Q4 25 | 3.82× | 10.99× | ||
| Q3 25 | -2.77× | 8.24× | ||
| Q2 25 | — | 3.62× | ||
| Q1 25 | -12.80× | 1.24× | ||
| Q4 24 | — | 15.96× | ||
| Q3 24 | — | 2.58× | ||
| Q2 24 | — | 0.88× | ||
| Q1 24 | — | -2.23× |
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% |
CNH
| Agricultural Equipment Segment | $3.6B | 81% |
| Construction Equipment Segment | $853.0M | 19% |
| Services | $18.0M | 0% |
