vs
Aebi Schmidt Holding AG（AEBI）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
Aebi Schmidt Holding AG的季度营收约是世纪互联的1.5倍（$528.4M vs $362.7M），Aebi Schmidt Holding AG净利率更高（1.7% vs -10.7%，领先12.3%），Aebi Schmidt Holding AG自由现金流更多（$29.7M vs $-193.1M）
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。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
AEBI vs VNET — 直观对比
营收规模更大
AEBI
是对方的1.5倍
$362.7M
净利率更高
AEBI
高出12.3%
-10.7%
自由现金流更多
AEBI
多$222.8M
$-193.1M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $528.4M | $362.7M |
| 净利润 | $8.8M | $-38.7M |
| 毛利率 | 18.9% | 20.9% |
| 营业利润率 | 5.2% | 0.5% |
| 净利率 | 1.7% | -10.7% |
| 营收同比 | — | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-0.18 | — |
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AEBIVNET
| Q4 25 | $528.4M | — | ||
| Q3 25 | $471.3M | $362.7M | ||
| Q2 25 | $277.7M | — | ||
| Q1 25 | $249.2M | $309.5M | ||
| Q3 24 | — | $302.2M | ||
| Q2 24 | — | $274.4M | ||
| Q1 24 | — | $262.9M | ||
| Q3 23 | — | $258.6M |
净利润AEBIVNET
| Q4 25 | $8.8M | — | ||
| Q3 25 | $1.2M | $-38.7M | ||
| Q2 25 | $-2.3M | — | ||
| Q1 25 | $2.1M | $-2.4M | ||
| Q3 24 | — | $-2.1M | ||
| Q2 24 | — | $-1.1M | ||
| Q1 24 | — | $-22.0M | ||
| Q3 23 | — | $-5.5M |
毛利率AEBIVNET
| Q4 25 | 18.9% | — | ||
| Q3 25 | 20.0% | 20.9% | ||
| Q2 25 | 20.5% | — | ||
| Q1 25 | 21.4% | 25.2% | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% | ||
| Q3 23 | — | 16.2% |
营业利润率AEBIVNET
| Q4 25 | 5.2% | — | ||
| Q3 25 | 3.7% | 0.5% | ||
| Q2 25 | 5.0% | — | ||
| Q1 25 | 5.8% | 0.1% | ||
| Q3 24 | — | 24.5% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.2% | ||
| Q3 23 | — | 1.7% |
净利率AEBIVNET
| Q4 25 | 1.7% | — | ||
| Q3 25 | 0.3% | -10.7% | ||
| Q2 25 | -0.8% | — | ||
| Q1 25 | 0.8% | -0.8% | ||
| Q3 24 | — | -0.7% | ||
| Q2 24 | — | -0.4% | ||
| Q1 24 | — | -8.4% | ||
| Q3 23 | — | -2.1% |
每股收益（稀释后）AEBIVNET
| Q4 25 | $-0.18 | — | ||
| Q3 25 | $0.02 | — | ||
| Q2 25 | $-0.06 | — | ||
| Q1 25 | $0.39 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — |
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 | $492.1M |
| 总债务越低越好 | $595.0M | — |
| 股东权益账面价值 | $814.9M | $890.8M |
| 总资产 | $2.0B | $6.1B |
| 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AEBIVNET
| Q4 25 | $98.5M | — | ||
| Q3 25 | $126.0M | $492.1M | ||
| Q2 25 | $63.6M | — | ||
| Q1 25 | $47.8M | $544.3M | ||
| Q3 24 | — | $219.5M | ||
| Q2 24 | — | $247.2M | ||
| Q1 24 | — | $246.9M | ||
| Q3 23 | — | $370.4M |
总债务AEBIVNET
| Q4 25 | $595.0M | — | ||
| Q3 25 | $628.4M | — | ||
| Q2 25 | $441.0M | — | ||
| Q1 25 | $402.4M | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — |
股东权益AEBIVNET
| Q4 25 | $814.9M | — | ||
| Q3 25 | $812.2M | $890.8M | ||
| Q2 25 | $359.1M | — | ||
| Q1 25 | $371.3M | $927.8M | ||
| Q3 24 | — | $902.9M | ||
| Q2 24 | — | $900.6M | ||
| Q1 24 | — | $895.1M | ||
| Q3 23 | — | $942.7M |
总资产AEBIVNET
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | $6.1B | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.1B | $5.4B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.0B | ||
| Q1 24 | — | $3.9B | ||
| Q3 23 | — | $4.1B |
负债/权益比AEBIVNET
| Q4 25 | 0.73× | — | ||
| Q3 25 | 0.77× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.08× | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 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 | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $29.7M | $-193.1M |
| 自由现金流率自由现金流/营收 | 5.6% | -53.2% |
| 资本支出强度资本支出/营收 | 0.7% | 84.6% |
| 现金转化率经营现金流/净利润 | 3.82× | — |
| 过去12个月自由现金流最近4个季度 | $-5.2M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流AEBIVNET
| Q4 25 | $33.5M | — | ||
| Q3 25 | $-3.3M | $113.8M | ||
| Q2 25 | $5.3M | — | ||
| Q1 25 | $-26.6M | $27.0M | ||
| Q3 24 | — | $108.3M | ||
| Q2 24 | — | $55.8M | ||
| Q1 24 | — | $37.1M | ||
| Q3 23 | — | $62.3M |
自由现金流AEBIVNET
| Q4 25 | $29.7M | — | ||
| Q3 25 | $-8.6M | $-193.1M | ||
| Q2 25 | $3.3M | — | ||
| Q1 25 | $-29.7M | $-220.0M | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | — | $-81.6M | ||
| Q1 24 | — | $-102.2M | ||
| Q3 23 | — | $-67.5M |
自由现金流率AEBIVNET
| Q4 25 | 5.6% | — | ||
| Q3 25 | -1.8% | -53.2% | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | -11.9% | -71.1% | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | — | -29.8% | ||
| Q1 24 | — | -38.9% | ||
| Q3 23 | — | -26.1% |
资本支出强度AEBIVNET
| Q4 25 | 0.7% | — | ||
| Q3 25 | 1.1% | 84.6% | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 1.2% | 79.8% | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 50.1% | ||
| Q1 24 | — | 53.0% | ||
| Q3 23 | — | 50.2% |
现金转化率AEBIVNET
| Q4 25 | 3.82× | — | ||
| Q3 25 | -2.77× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -12.80× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 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% |
VNET
暂无分部数据
