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Alset Inc.（AEI）与Armada Hoffler Properties, Inc.（AHH）财务数据对比。点击上方公司名可切换其他公司
Armada Hoffler Properties, Inc.的季度营收约是Alset Inc.的57.9倍（$75.6M vs $1.3M）。Armada Hoffler Properties, Inc.净利率更高（3.1% vs -2481.1%，领先2484.2%）。Armada Hoffler Properties, Inc.同比增速更快（0.8% vs -85.4%）。过去两年Armada Hoffler Properties, Inc.的营收复合增速更高（-22.8% vs -53.7%）
Alset Inc.旗下的Alset Global GmbH是一家总部位于奥地利格拉茨的科技工程企业，专注研发基于氢能源的清洁出行解决方案。该企业核心产品为混氢内燃机，可单独使用纯汽油、纯氢气，也可混合两种燃料驱动，为传统汽油内燃机提供了清洁可持续的替代方案，助力满足严苛的新型排放要求。
Armada Hoffler Properties是一家公开上市的房地产投资信托，业务覆盖美国大西洋中部及东南部地区，开发、持有并运营涵盖办公、零售、多户住宅的多元化优质物业组合，同时为第三方客户提供全链条建筑开发服务。
AEI vs AHH — 直观对比
营收规模更大
AHH
是对方的57.9倍
$1.3M
营收增速更快
AHH
高出86.2%
-85.4%
净利率更高
AHH
高出2484.2%
-2481.1%
两年增速更快
AHH
近两年复合增速
-53.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3M | $75.6M |
| 净利润 | $-32.4M | $2.4M |
| 毛利率 | 35.2% | — |
| 营业利润率 | -451.0% | 31.0% |
| 净利率 | -2481.1% | 3.1% |
| 营收同比 | -85.4% | 0.8% |
| 净利润同比 | -1491.5% | -89.8% |
| 每股收益（稀释后） | $-0.78 | $0.00 |
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AEIAHH
| Q4 25 | $1.3M | $75.6M | ||
| Q3 25 | $998.8K | $23.2M | ||
| Q2 25 | $1.1M | $32.0M | ||
| Q1 25 | $1.1M | $46.6M | ||
| Q4 24 | $8.9M | $75.0M | ||
| Q3 24 | $5.0M | $114.4M | ||
| Q2 24 | $1.1M | $116.8M | ||
| Q1 24 | $6.1M | $127.0M |
净利润AEIAHH
| Q4 25 | $-32.4M | $2.4M | ||
| Q3 25 | $1.5M | $80.0K | ||
| Q2 25 | $-8.2M | $5.9M | ||
| Q1 25 | $-8.3M | $-2.8M | ||
| Q4 24 | $2.3M | $23.4M | ||
| Q3 24 | $1.7M | $-5.0M | ||
| Q2 24 | $-1.2M | $3.2M | ||
| Q1 24 | $-6.8M | $14.1M |
毛利率AEIAHH
| Q4 25 | 35.2% | — | ||
| Q3 25 | 24.3% | — | ||
| Q2 25 | 23.3% | — | ||
| Q1 25 | 27.2% | — | ||
| Q4 24 | 51.4% | — | ||
| Q3 24 | 40.5% | 45.0% | ||
| Q2 24 | 26.4% | 41.8% | ||
| Q1 24 | 23.5% | 37.9% |
营业利润率AEIAHH
| Q4 25 | -451.0% | 31.0% | ||
| Q3 25 | -258.2% | 91.5% | ||
| Q2 25 | -250.7% | 63.9% | ||
| Q1 25 | -368.1% | 33.8% | ||
| Q4 24 | 21.5% | 50.1% | ||
| Q3 24 | -19.4% | 19.0% | ||
| Q2 24 | -249.3% | 11.9% | ||
| Q1 24 | -37.2% | 15.1% |
净利率AEIAHH
| Q4 25 | -2481.1% | 3.1% | ||
| Q3 25 | 151.4% | 0.3% | ||
| Q2 25 | -748.1% | 18.6% | ||
| Q1 25 | -780.1% | -6.0% | ||
| Q4 24 | 26.0% | 31.2% | ||
| Q3 24 | 34.6% | -4.4% | ||
| Q2 24 | -109.9% | 2.7% | ||
| Q1 24 | -111.2% | 11.1% |
每股收益（稀释后）AEIAHH
| Q4 25 | $-0.78 | $0.00 | ||
| Q3 25 | $0.05 | $-0.04 | ||
| Q2 25 | $-0.71 | $0.04 | ||
| Q1 25 | $-0.78 | $-0.07 | ||
| Q4 24 | $0.24 | $0.28 | ||
| Q3 24 | $0.19 | $-0.11 | ||
| Q2 24 | $-0.13 | $0.00 | ||
| Q1 24 | $-0.73 | $0.17 |
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 | $25.2M | $49.1M |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $121.1M | $627.8M |
| 总资产 | $136.6M | $2.6B |
| 负债/权益比越低杠杆越低 | — | 2.43× |
8季度趋势，按日历期对齐
现金及短期投资AEIAHH
| Q4 25 | $25.2M | $49.1M | ||
| Q3 25 | $25.5M | $46.5M | ||
| Q2 25 | $25.6M | $52.1M | ||
| Q1 25 | $25.2M | $45.7M | ||
| Q4 24 | $27.2M | $31.9M | ||
| Q3 24 | $16.7M | $43.9M | ||
| Q2 24 | $18.9M | $20.3M | ||
| Q1 24 | $23.7M | $41.9M |
总债务AEIAHH
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | $116.5K | $1.3B | ||
| Q4 24 | $123.1K | $1.3B | ||
| Q3 24 | $137.9K | $1.3B | ||
| Q2 24 | $137.8K | $1.4B | ||
| Q1 24 | $145.8K | $1.4B |
股东权益AEIAHH
| Q4 25 | $121.1M | $627.8M | ||
| Q3 25 | $155.7M | $638.8M | ||
| Q2 25 | $72.8M | $652.0M | ||
| Q1 25 | $76.4M | $657.4M | ||
| Q4 24 | $81.3M | $670.6M | ||
| Q3 24 | $84.2M | $663.9M | ||
| Q2 24 | $79.4M | $562.7M | ||
| Q1 24 | $81.7M | $571.4M |
总资产AEIAHH
| Q4 25 | $136.6M | $2.6B | ||
| Q3 25 | $169.1M | $2.6B | ||
| Q2 25 | $86.0M | $2.6B | ||
| Q1 25 | $90.5M | $2.5B | ||
| Q4 24 | $96.8M | $2.5B | ||
| Q3 24 | $98.8M | $2.6B | ||
| Q2 24 | $93.5M | $2.6B | ||
| Q1 24 | $96.7M | $2.6B |
负债/权益比AEIAHH
| Q4 25 | — | 2.43× | ||
| Q3 25 | — | 2.33× | ||
| Q2 25 | — | 2.22× | ||
| Q1 25 | 0.00× | 2.01× | ||
| Q4 24 | 0.00× | 1.93× | ||
| Q3 24 | 0.00× | 2.00× | ||
| Q2 24 | 0.00× | 2.52× | ||
| Q1 24 | 0.00× | 2.50× |
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 | $-436.1K | — |
| 自由现金流经营现金流 - 资本支出 | $-466.5K | — |
| 自由现金流率自由现金流/营收 | -35.8% | — |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-6.2M | — |
8季度趋势，按日历期对齐
经营现金流AEIAHH
| Q4 25 | $-436.1K | — | ||
| Q3 25 | $883.4K | $26.3M | ||
| Q2 25 | $-2.6M | $11.1M | ||
| Q1 25 | $-3.8M | $107.0K | ||
| Q4 24 | $13.9M | $20.8M | ||
| Q3 24 | $-2.9M | $27.3M | ||
| Q2 24 | $-4.4M | $17.4M | ||
| Q1 24 | $-1.5M | $46.5M |
自由现金流AEIAHH
| Q4 25 | $-466.5K | — | ||
| Q3 25 | $822.4K | — | ||
| Q2 25 | $-2.7M | — | ||
| Q1 25 | $-3.8M | — | ||
| Q4 24 | $13.9M | — | ||
| Q3 24 | $-2.9M | — | ||
| Q2 24 | $-4.4M | — | ||
| Q1 24 | $-1.5M | — |
自由现金流率AEIAHH
| Q4 25 | -35.8% | — | ||
| Q3 25 | 82.3% | — | ||
| Q2 25 | -245.9% | — | ||
| Q1 25 | -357.3% | — | ||
| Q4 24 | 155.1% | — | ||
| Q3 24 | -58.2% | — | ||
| Q2 24 | -392.3% | — | ||
| Q1 24 | -24.8% | — |
资本支出强度AEIAHH
| Q4 25 | 2.3% | — | ||
| Q3 25 | 6.1% | — | ||
| Q2 25 | 7.6% | — | ||
| Q1 25 | 5.7% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | 0.0% | — |
现金转化率AEIAHH
| Q4 25 | — | — | ||
| Q3 25 | 0.58× | 328.63× | ||
| Q2 25 | — | 1.87× | ||
| Q1 25 | — | — | ||
| Q4 24 | 5.98× | 0.89× | ||
| Q3 24 | -1.66× | — | ||
| Q2 24 | — | 5.48× | ||
| Q1 24 | — | 3.30× |
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
AEI
暂无分部数据
AHH
| Office Real Estate Segment | $28.8M | 38% |
| Retail Real Estate Segment | $25.4M | 34% |
| Multifamily Residential Real Estate | $17.7M | 23% |
| Real Estate Financing Segment | $3.6M | 5% |
