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爱科（AGCO）与南方铜业（SCCO）财务数据对比。点击上方公司名可切换其他公司
南方铜业的季度营收约是爱科的1.3倍（$3.9B vs $2.9B），南方铜业净利率更高（33.9% vs 3.3%，领先30.6%），南方铜业同比增速更快（39.0% vs 1.1%），南方铜业自由现金流更多（$1.1B vs $675.0M），过去两年南方铜业的营收复合增速更高（22.0% vs -0.1%）
AGCO是1990年成立的美国农业机械制造商，总部位于佐治亚州德卢斯。公司主营设计、生产及销售拖拉机、联合收割机、青贮收获机、牧草设备、自走式喷雾机、播种耕作设备等产品，同时提供智慧农业相关技术解决方案。
南方铜业注册地为美国特拉华州，总部位于亚利桑那州凤凰城，在秘鲁、墨西哥两地持有多座铜矿、冶炼厂及精炼厂，旗下拥有夸霍内、托克帕拉、布埃纳维斯塔等知名矿山。2024年公司铜产量达21亿磅，同时产出银、钼、锌等多种金属。
AGCO vs SCCO — 直观对比
营收规模更大
SCCO
是对方的1.3倍
$2.9B
营收增速更快
SCCO
高出37.8%
1.1%
净利率更高
SCCO
高出30.6%
3.3%
自由现金流更多
SCCO
多$396.7M
$675.0M
两年增速更快
SCCO
近两年复合增速
-0.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $3.9B |
| 净利润 | $95.5M | $1.3B |
| 毛利率 | 25.4% | 62.0% |
| 营业利润率 | 7.9% | 54.5% |
| 净利率 | 3.3% | 33.9% |
| 营收同比 | 1.1% | 39.0% |
| 净利润同比 | 137.3% | 64.7% |
| 每股收益（稀释后） | $1.30 | $1.49 |
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AGCOSCCO
| Q4 25 | $2.9B | $3.9B | ||
| Q3 25 | $2.5B | $3.4B | ||
| Q2 25 | $2.6B | $3.1B | ||
| Q1 25 | $2.1B | $3.1B | ||
| Q4 24 | $2.9B | $2.8B | ||
| Q3 24 | $2.6B | $2.9B | ||
| Q2 24 | $3.2B | $3.1B | ||
| Q1 24 | $2.9B | $2.6B |
净利润AGCOSCCO
| Q4 25 | $95.5M | $1.3B | ||
| Q3 25 | $305.7M | $1.1B | ||
| Q2 25 | $314.8M | $976.7M | ||
| Q1 25 | $10.5M | $949.1M | ||
| Q4 24 | $-255.7M | $796.2M | ||
| Q3 24 | $30.0M | $899.8M | ||
| Q2 24 | $-367.1M | $953.8M | ||
| Q1 24 | $168.0M | $738.8M |
毛利率AGCOSCCO
| Q4 25 | 25.4% | 62.0% | ||
| Q3 25 | 26.1% | 59.8% | ||
| Q2 25 | 25.0% | 60.3% | ||
| Q1 25 | 25.4% | 57.7% | ||
| Q4 24 | 23.9% | 56.5% | ||
| Q3 24 | 23.2% | 58.3% | ||
| Q2 24 | 25.8% | 59.9% | ||
| Q1 24 | 26.3% | 55.5% |
营业利润率AGCOSCCO
| Q4 25 | 7.9% | 54.5% | ||
| Q3 25 | 6.1% | 52.4% | ||
| Q2 25 | 6.2% | 52.0% | ||
| Q1 25 | 2.4% | 49.2% | ||
| Q4 24 | -9.3% | 47.0% | ||
| Q3 24 | 4.4% | 49.5% | ||
| Q2 24 | -7.4% | 51.5% | ||
| Q1 24 | 9.3% | 45.8% |
净利率AGCOSCCO
| Q4 25 | 3.3% | 33.9% | ||
| Q3 25 | 12.3% | 32.9% | ||
| Q2 25 | 11.9% | 32.0% | ||
| Q1 25 | 0.5% | 30.4% | ||
| Q4 24 | -8.9% | 28.6% | ||
| Q3 24 | 1.2% | 30.7% | ||
| Q2 24 | -11.3% | 30.6% | ||
| Q1 24 | 5.7% | 28.4% |
每股收益（稀释后）AGCOSCCO
| Q4 25 | $1.30 | $1.49 | ||
| Q3 25 | $4.09 | $1.35 | ||
| Q2 25 | $4.22 | $1.21 | ||
| Q1 25 | $0.14 | $1.19 | ||
| Q4 24 | $-3.42 | $1.02 | ||
| Q3 24 | $0.40 | $1.15 | ||
| Q2 24 | $-4.92 | $1.22 | ||
| Q1 24 | $2.25 | $0.95 |
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 | $861.8M | $4.9B |
| 总债务越低越好 | $2.4B | $6.8B |
| 股东权益账面价值 | $4.3B | $11.0B |
| 总资产 | $11.9B | $21.4B |
| 负债/权益比越低杠杆越低 | 0.56× | 0.61× |
8季度趋势，按日历期对齐
现金及短期投资AGCOSCCO
| Q4 25 | $861.8M | $4.9B | ||
| Q3 25 | $884.1M | $4.5B | ||
| Q2 25 | $783.9M | $4.0B | ||
| Q1 25 | $562.6M | $4.3B | ||
| Q4 24 | $612.7M | $3.5B | ||
| Q3 24 | $622.6M | $3.0B | ||
| Q2 24 | $657.3M | $2.2B | ||
| Q1 24 | $2.5B | $1.6B |
总债务AGCOSCCO
| Q4 25 | $2.4B | $6.8B | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.6B | $6.3B | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $3.9B | $6.3B | ||
| Q1 24 | $3.7B | $6.3B |
股东权益AGCOSCCO
| Q4 25 | $4.3B | $11.0B | ||
| Q3 25 | $4.5B | $10.4B | ||
| Q2 25 | $4.2B | $10.0B | ||
| Q1 25 | $3.8B | $9.6B | ||
| Q4 24 | $3.7B | $9.2B | ||
| Q3 24 | $4.1B | $8.9B | ||
| Q2 24 | $4.1B | $8.5B | ||
| Q1 24 | $4.8B | $7.5B |
总资产AGCOSCCO
| Q4 25 | $11.9B | $21.4B | ||
| Q3 25 | $12.5B | $20.3B | ||
| Q2 25 | $12.3B | $19.6B | ||
| Q1 25 | $11.5B | $19.8B | ||
| Q4 24 | $11.2B | $18.7B | ||
| Q3 24 | $13.5B | $18.4B | ||
| Q2 24 | $13.6B | $17.8B | ||
| Q1 24 | $13.5B | $16.8B |
负债/权益比AGCOSCCO
| Q4 25 | 0.56× | 0.61× | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.68× | — | ||
| Q1 25 | 0.74× | — | ||
| Q4 24 | 0.68× | 0.68× | ||
| Q3 24 | 0.95× | — | ||
| Q2 24 | 0.95× | 0.74× | ||
| Q1 24 | 0.78× | 0.83× |
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 | $763.6M | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $675.0M | $1.1B |
| 自由现金流率自由现金流/营收 | 23.1% | 27.7% |
| 资本支出强度资本支出/营收 | 3.0% | 10.9% |
| 现金转化率经营现金流/净利润 | 8.00× | 1.14× |
| 过去12个月自由现金流最近4个季度 | $740.2M | $3.4B |
8季度趋势，按日历期对齐
经营现金流AGCOSCCO
| Q4 25 | $763.6M | $1.5B | ||
| Q3 25 | $71.0M | $1.6B | ||
| Q2 25 | $365.7M | $976.8M | ||
| Q1 25 | $-212.2M | $721.4M | ||
| Q4 24 | $797.9M | $1.4B | ||
| Q3 24 | $26.5M | $1.4B | ||
| Q2 24 | $235.5M | $962.1M | ||
| Q1 24 | $-370.0M | $659.7M |
自由现金流AGCOSCCO
| Q4 25 | $675.0M | $1.1B | ||
| Q3 25 | $2.1M | $1.2B | ||
| Q2 25 | $323.5M | $741.1M | ||
| Q1 25 | $-260.4M | $403.6M | ||
| Q4 24 | $683.9M | $1.1B | ||
| Q3 24 | $-59.8M | $1.2B | ||
| Q2 24 | $137.5M | $630.3M | ||
| Q1 24 | $-465.0M | $445.9M |
自由现金流率AGCOSCCO
| Q4 25 | 23.1% | 27.7% | ||
| Q3 25 | 0.1% | 35.8% | ||
| Q2 25 | 12.3% | 24.3% | ||
| Q1 25 | -12.7% | 12.9% | ||
| Q4 24 | 23.7% | 40.4% | ||
| Q3 24 | -2.3% | 40.7% | ||
| Q2 24 | 4.2% | 20.2% | ||
| Q1 24 | -15.9% | 17.2% |
资本支出强度AGCOSCCO
| Q4 25 | 3.0% | 10.9% | ||
| Q3 25 | 2.8% | 10.3% | ||
| Q2 25 | 1.6% | 7.7% | ||
| Q1 25 | 2.4% | 10.2% | ||
| Q4 24 | 3.9% | 8.5% | ||
| Q3 24 | 3.3% | 8.4% | ||
| Q2 24 | 3.0% | 10.6% | ||
| Q1 24 | 3.2% | 8.2% |
现金转化率AGCOSCCO
| Q4 25 | 8.00× | 1.14× | ||
| Q3 25 | 0.23× | 1.40× | ||
| Q2 25 | 1.16× | 1.00× | ||
| Q1 25 | -20.21× | 0.76× | ||
| Q4 24 | — | 1.71× | ||
| Q3 24 | 0.88× | 1.60× | ||
| Q2 24 | — | 1.01× | ||
| Q1 24 | -2.20× | 0.89× |
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
AGCO
暂无分部数据
SCCO
| Other | $1.3B | 32% |
| MX | $726.4M | 19% |
| CH | $560.4M | 14% |
| PE | $218.8M | 6% |
| Silver | $201.1M | 5% |
| BR | $157.9M | 4% |
| CL | $149.0M | 4% |
| Molybdenum | $143.3M | 4% |
| ES | $130.8M | 3% |
| Mexican IMMSA Unit | $129.8M | 3% |
| IT | $107.1M | 3% |
| Zinc | $88.8M | 2% |
