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ADVANCED ENERGY INDUSTRIES INC（AEIS）与ROYAL GOLD INC（RGLD）财务数据对比。点击上方公司名可切换其他公司
ADVANCED ENERGY INDUSTRIES INC的季度营收约是ROYAL GOLD INC的1.3倍（$489.4M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 10.7%，领先14.3%），ROYAL GOLD INC同比增速更快（85.3% vs 17.8%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 22.2%）
Advanced Energy Industries是总部位于美国科罗拉多州丹佛市的跨国科技企业，专注研发精密电源转换、测量及控制技术，相关技术广泛应用于半导体、平板显示、数据存储、通信网络设备、工业涂层、医疗设备、太阳能电池、建筑玻璃等领域的生产制造环节。
Royal Gold Inc.是全球领先的贵金属流权与特许权经营企业，收购并管理多元化的矿业项目流权、净熔炼收益特许权及相关权益，资产覆盖黄金、白银、铜等品类，业务遍及多地区，无需直接承担采矿运营风险。
AEIS vs RGLD — 直观对比
营收规模更大
AEIS
是对方的1.3倍
$375.3M
营收增速更快
RGLD
高出67.5%
17.8%
净利率更高
RGLD
高出14.3%
10.7%
两年增速更快
RGLD
近两年复合增速
22.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $489.4M | $375.3M |
| 净利润 | $52.3M | $93.6M |
| 毛利率 | 38.6% | 64.6% |
| 营业利润率 | 11.6% | 56.2% |
| 净利率 | 10.7% | 24.9% |
| 营收同比 | 17.8% | 85.3% |
| 净利润同比 | 7.4% | -12.8% |
| 每股收益（稀释后） | $1.32 | $1.04 |
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AEISRGLD
| Q4 25 | $489.4M | $375.3M | ||
| Q3 25 | $463.3M | $252.1M | ||
| Q2 25 | $441.5M | $209.6M | ||
| Q1 25 | $404.6M | $193.4M | ||
| Q4 24 | $415.4M | $202.6M | ||
| Q3 24 | $374.2M | $193.8M | ||
| Q2 24 | $364.9M | $174.1M | ||
| Q1 24 | $327.5M | $148.9M |
净利润AEISRGLD
| Q4 25 | $52.3M | $93.6M | ||
| Q3 25 | $46.2M | $126.8M | ||
| Q2 25 | $25.2M | $132.3M | ||
| Q1 25 | $24.7M | $113.5M | ||
| Q4 24 | $48.7M | $107.4M | ||
| Q3 24 | $-14.9M | $96.2M | ||
| Q2 24 | $15.0M | $81.2M | ||
| Q1 24 | $5.4M | $47.2M |
毛利率AEISRGLD
| Q4 25 | 38.6% | 64.6% | ||
| Q3 25 | 37.6% | 73.6% | ||
| Q2 25 | 37.0% | 72.6% | ||
| Q1 25 | 37.2% | 69.4% | ||
| Q4 24 | 37.2% | 70.3% | ||
| Q3 24 | 35.8% | 66.6% | ||
| Q2 24 | 35.0% | 64.7% | ||
| Q1 24 | 34.5% | 58.4% |
营业利润率AEISRGLD
| Q4 25 | 11.6% | 56.2% | ||
| Q3 25 | 10.6% | 64.4% | ||
| Q2 25 | 7.2% | 67.7% | ||
| Q1 25 | 7.6% | 63.6% | ||
| Q4 24 | 8.2% | 65.9% | ||
| Q3 24 | -3.0% | 61.3% | ||
| Q2 24 | 3.6% | 58.6% | ||
| Q1 24 | 0.2% | 50.7% |
净利率AEISRGLD
| Q4 25 | 10.7% | 24.9% | ||
| Q3 25 | 10.0% | 50.3% | ||
| Q2 25 | 5.7% | 63.1% | ||
| Q1 25 | 6.1% | 58.7% | ||
| Q4 24 | 11.7% | 53.0% | ||
| Q3 24 | -4.0% | 49.7% | ||
| Q2 24 | 4.1% | 46.6% | ||
| Q1 24 | 1.6% | 31.7% |
每股收益（稀释后）AEISRGLD
| Q4 25 | $1.32 | $1.04 | ||
| Q3 25 | $1.20 | $1.92 | ||
| Q2 25 | $0.67 | $2.01 | ||
| Q1 25 | $0.65 | $1.72 | ||
| Q4 24 | $1.29 | $1.63 | ||
| Q3 24 | $-0.40 | $1.46 | ||
| Q2 24 | $0.40 | $1.23 | ||
| Q1 24 | $0.14 | $0.72 |
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 | $791.2M | $233.7M |
| 总债务越低越好 | $567.5M | — |
| 股东权益账面价值 | $1.4B | $7.2B |
| 总资产 | $2.5B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.42× | — |
8季度趋势，按日历期对齐
现金及短期投资AEISRGLD
| Q4 25 | $791.2M | $233.7M | ||
| Q3 25 | $758.6M | $172.8M | ||
| Q2 25 | $713.5M | $248.2M | ||
| Q1 25 | $723.0M | $240.8M | ||
| Q4 24 | $722.1M | $195.5M | ||
| Q3 24 | $657.3M | $127.9M | ||
| Q2 24 | $986.1M | $74.2M | ||
| Q1 24 | $1.0B | $137.9M |
总债务AEISRGLD
| Q4 25 | $567.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $564.7M | — | ||
| Q3 24 | $564.0M | $0 | ||
| Q2 24 | $907.3M | $50.0M | ||
| Q1 24 | $911.5M | — |
股东权益AEISRGLD
| Q4 25 | $1.4B | $7.2B | ||
| Q3 25 | $1.3B | $3.4B | ||
| Q2 25 | $1.3B | $3.3B | ||
| Q1 25 | $1.2B | $3.2B | ||
| Q4 24 | $1.2B | $3.1B | ||
| Q3 24 | $1.2B | $3.0B | ||
| Q2 24 | $1.2B | $3.0B | ||
| Q1 24 | $1.1B | $2.9B |
总资产AEISRGLD
| Q4 25 | $2.5B | $9.5B | ||
| Q3 25 | $2.4B | $4.5B | ||
| Q2 25 | $2.4B | $3.6B | ||
| Q1 25 | $2.3B | $3.5B | ||
| Q4 24 | $2.3B | $3.4B | ||
| Q3 24 | $2.2B | $3.3B | ||
| Q2 24 | $2.5B | $3.3B | ||
| Q1 24 | $2.5B | $3.3B |
负债/权益比AEISRGLD
| Q4 25 | 0.42× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.48× | 0.00× | ||
| Q2 24 | 0.78× | 0.02× | ||
| Q1 24 | 0.80× | — |
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 | $80.5M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $43.0M | — |
| 自由现金流率自由现金流/营收 | 8.8% | — |
| 资本支出强度资本支出/营收 | 7.7% | — |
| 现金转化率经营现金流/净利润 | 1.54× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $125.9M | — |
8季度趋势，按日历期对齐
经营现金流AEISRGLD
| Q4 25 | $80.5M | $241.7M | ||
| Q3 25 | $78.7M | $174.0M | ||
| Q2 25 | $45.2M | $152.8M | ||
| Q1 25 | $28.9M | $136.4M | ||
| Q4 24 | $82.7M | $141.1M | ||
| Q3 24 | $34.1M | $136.7M | ||
| Q2 24 | $6.7M | $113.5M | ||
| Q1 24 | $7.3M | $138.3M |
自由现金流AEISRGLD
| Q4 25 | $43.0M | — | ||
| Q3 25 | $50.8M | — | ||
| Q2 25 | $17.1M | — | ||
| Q1 25 | $15.0M | — | ||
| Q4 24 | $69.9M | — | ||
| Q3 24 | $21.4M | — | ||
| Q2 24 | $-8.1M | — | ||
| Q1 24 | $-9.3M | — |
自由现金流率AEISRGLD
| Q4 25 | 8.8% | — | ||
| Q3 25 | 11.0% | — | ||
| Q2 25 | 3.9% | — | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | 16.8% | — | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | -2.2% | — | ||
| Q1 24 | -2.9% | — |
资本支出强度AEISRGLD
| Q4 25 | 7.7% | — | ||
| Q3 25 | 6.0% | — | ||
| Q2 25 | 6.4% | — | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 3.4% | — | ||
| Q2 24 | 4.0% | — | ||
| Q1 24 | 5.1% | — |
现金转化率AEISRGLD
| Q4 25 | 1.54× | 2.58× | ||
| Q3 25 | 1.70× | 1.37× | ||
| Q2 25 | 1.79× | 1.15× | ||
| Q1 25 | 1.17× | 1.20× | ||
| Q4 24 | 1.70× | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | 0.45× | 1.40× | ||
| Q1 24 | 1.35× | 2.93× |
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
AEIS
| Semiconductor Equipment | $211.6M | 43% |
| Data Center Computing | $177.9M | 36% |
| Industrial And Medical | $78.2M | 16% |
| Telecom And Networking | $21.7M | 4% |
RGLD
| Gold | $216.9M | 58% |
| Pueblo Viejo | $47.3M | 13% |
| Andacollo | $32.6M | 9% |
| Silver | $32.1M | 9% |
| Other | $27.2M | 7% |
| Copper | $13.7M | 4% |
| Cortez Legacy Zone | $5.4M | 1% |
