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雅保（ALB）与艾诺斯（ENS）财务数据对比。点击上方公司名可切换其他公司
雅保的季度营收约是艾诺斯的1.6倍（$1.4B vs $919.1M），艾诺斯净利率更高（9.8% vs -29.0%，领先38.8%），雅保同比增速更快（15.9% vs 1.4%），雅保自由现金流更多（$233.1M vs $171.3M），过去两年雅保的营收复合增速更高（2.4% vs 0.5%）
雅保是全球知名的特种化学品企业，业务覆盖研发、生产与全球销售，下设锂、溴、催化剂三大板块。锂业务线供应碳酸锂、氢氧化锂、氯化锂等锂化合物及相关试剂，产品广泛应用于消费电子、电动汽车锂电池、高性能润滑脂、热塑性弹性体等领域。
艾诺斯是全球领先的工业储能系统及技术供应商，主营备用电源、动力电源类电池的生产，同时还提供电池充电器、电力设备、电池配件及户外设备防护机箱等相关产品，可充分满足各类工业场景的储能需求。
ALB vs ENS — 直观对比
营收规模更大
ALB
是对方的1.6倍
$919.1M
营收增速更快
ALB
高出14.5%
1.4%
净利率更高
ENS
高出38.8%
-29.0%
自由现金流更多
ALB
多$61.8M
$171.3M
两年增速更快
ALB
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $919.1M |
| 净利润 | $-414.2M | $90.4M |
| 毛利率 | 13.9% | 30.1% |
| 营业利润率 | -15.2% | 13.5% |
| 净利率 | -29.0% | 9.8% |
| 营收同比 | 15.9% | 1.4% |
| 净利润同比 | -650.1% | -21.3% |
| 每股收益（稀释后） | $-3.88 | $2.40 |
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ALBENS
| Q4 25 | $1.4B | $919.1M | ||
| Q3 25 | $1.3B | $951.3M | ||
| Q2 25 | $1.3B | $893.0M | ||
| Q1 25 | $1.1B | $974.8M | ||
| Q4 24 | $1.2B | $906.2M | ||
| Q3 24 | $1.4B | $883.7M | ||
| Q2 24 | $1.4B | $852.9M | ||
| Q1 24 | $1.4B | $910.7M |
净利润ALBENS
| Q4 25 | $-414.2M | $90.4M | ||
| Q3 25 | $-160.7M | $68.4M | ||
| Q2 25 | $22.9M | $57.5M | ||
| Q1 25 | $41.3M | $96.5M | ||
| Q4 24 | $75.3M | $114.8M | ||
| Q3 24 | $-1.1B | $82.3M | ||
| Q2 24 | $-188.2M | $70.1M | ||
| Q1 24 | $2.4M | $60.9M |
毛利率ALBENS
| Q4 25 | 13.9% | 30.1% | ||
| Q3 25 | 9.0% | 29.1% | ||
| Q2 25 | 14.8% | 28.4% | ||
| Q1 25 | 14.5% | 31.2% | ||
| Q4 24 | 11.2% | 32.9% | ||
| Q3 24 | -7.7% | 28.5% | ||
| Q2 24 | -0.7% | 27.9% | ||
| Q1 24 | 2.9% | 27.9% |
营业利润率ALBENS
| Q4 25 | -15.2% | 13.5% | ||
| Q3 25 | -16.6% | 9.7% | ||
| Q2 25 | 3.6% | 9.7% | ||
| Q1 25 | 1.8% | 13.5% | ||
| Q4 24 | 0.4% | 15.7% | ||
| Q3 24 | -81.9% | 11.2% | ||
| Q2 24 | -34.4% | 10.7% | ||
| Q1 24 | -13.2% | 8.9% |
净利率ALBENS
| Q4 25 | -29.0% | 9.8% | ||
| Q3 25 | -12.3% | 7.2% | ||
| Q2 25 | 1.7% | 6.4% | ||
| Q1 25 | 3.8% | 9.9% | ||
| Q4 24 | 6.1% | 12.7% | ||
| Q3 24 | -78.9% | 9.3% | ||
| Q2 24 | -13.2% | 8.2% | ||
| Q1 24 | 0.2% | 6.7% |
每股收益（稀释后）ALBENS
| Q4 25 | $-3.88 | $2.40 | ||
| Q3 25 | $-1.72 | $1.80 | ||
| Q2 25 | $-0.16 | $1.46 | ||
| Q1 25 | $0.00 | $2.39 | ||
| Q4 24 | $0.29 | $2.88 | ||
| Q3 24 | $-9.45 | $2.01 | ||
| Q2 24 | $-1.96 | $1.71 | ||
| Q1 24 | $-0.08 | $1.48 |
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 | — | $450.1M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $9.5B | $1.9B |
| 总资产 | $16.4B | $4.0B |
| 负债/权益比越低杠杆越低 | 0.33× | — |
8季度趋势，按日历期对齐
现金及短期投资ALBENS
| Q4 25 | — | $450.1M | ||
| Q3 25 | $1.9B | $388.6M | ||
| Q2 25 | $1.8B | $346.7M | ||
| Q1 25 | $1.5B | $343.1M | ||
| Q4 24 | $1.2B | $463.2M | ||
| Q3 24 | $1.7B | $407.9M | ||
| Q2 24 | $1.8B | $344.1M | ||
| Q1 24 | $2.1B | $333.3M |
总债务ALBENS
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.6B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.5B | $1.1B | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $3.5B | — | ||
| Q1 24 | $3.5B | $802.0M |
股东权益ALBENS
| Q4 25 | $9.5B | $1.9B | ||
| Q3 25 | $10.0B | $1.9B | ||
| Q2 25 | $10.2B | $1.9B | ||
| Q1 25 | $10.0B | $1.9B | ||
| Q4 24 | $10.0B | $1.8B | ||
| Q3 24 | $10.2B | $1.8B | ||
| Q2 24 | $11.2B | $1.8B | ||
| Q1 24 | $11.5B | $1.8B |
总资产ALBENS
| Q4 25 | $16.4B | $4.0B | ||
| Q3 25 | $17.1B | $4.1B | ||
| Q2 25 | $17.3B | $4.1B | ||
| Q1 25 | $17.0B | $4.0B | ||
| Q4 24 | $16.6B | $4.0B | ||
| Q3 24 | $17.5B | $4.0B | ||
| Q2 24 | $18.4B | $3.6B | ||
| Q1 24 | $19.0B | $3.5B |
负债/权益比ALBENS
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.35× | 0.57× | ||
| Q4 24 | 0.35× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.31× | — | ||
| Q1 24 | 0.31× | 0.46× |
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 | $388.5M | $184.6M |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $171.3M |
| 自由现金流率自由现金流/营收 | 16.3% | 18.6% |
| 资本支出强度资本支出/营收 | 10.9% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 2.04× |
| 过去12个月自由现金流最近4个季度 | $692.5M | $441.3M |
8季度趋势，按日历期对齐
经营现金流ALBENS
| Q4 25 | $388.5M | $184.6M | ||
| Q3 25 | $355.6M | $218.0M | ||
| Q2 25 | $-7.2M | $968.0K | ||
| Q1 25 | $545.4M | $135.2M | ||
| Q4 24 | $674.0K | $81.1M | ||
| Q3 24 | $240.5M | $33.6M | ||
| Q2 24 | $362.9M | $10.4M | ||
| Q1 24 | $98.0M | — |
自由现金流ALBENS
| Q4 25 | $233.1M | $171.3M | ||
| Q3 25 | $223.4M | $197.1M | ||
| Q2 25 | $-126.8M | $-32.1M | ||
| Q1 25 | $362.8M | $104.9M | ||
| Q4 24 | $-355.1M | $56.8M | ||
| Q3 24 | $-62.6M | $3.3M | ||
| Q2 24 | $-84.7M | $-25.7M | ||
| Q1 24 | $-481.4M | — |
自由现金流率ALBENS
| Q4 25 | 16.3% | 18.6% | ||
| Q3 25 | 17.1% | 20.7% | ||
| Q2 25 | -9.5% | -3.6% | ||
| Q1 25 | 33.7% | 10.8% | ||
| Q4 24 | -28.8% | 6.3% | ||
| Q3 24 | -4.6% | 0.4% | ||
| Q2 24 | -5.9% | -3.0% | ||
| Q1 24 | -35.4% | — |
资本支出强度ALBENS
| Q4 25 | 10.9% | 1.4% | ||
| Q3 25 | 10.1% | 2.2% | ||
| Q2 25 | 9.0% | 3.7% | ||
| Q1 25 | 17.0% | 3.1% | ||
| Q4 24 | 28.9% | 2.7% | ||
| Q3 24 | 22.4% | 3.4% | ||
| Q2 24 | 31.3% | 4.2% | ||
| Q1 24 | 42.6% | — |
现金转化率ALBENS
| Q4 25 | — | 2.04× | ||
| Q3 25 | — | 3.19× | ||
| Q2 25 | -0.31× | 0.02× | ||
| Q1 25 | 13.19× | 1.40× | ||
| Q4 24 | 0.01× | 0.71× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | 40.01× | — |
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
ALB
| Energy Storage | $759.1M | 53% |
| Specialties | $348.9M | 24% |
| Ketjen | $320.1M | 22% |
ENS
| Energy Systems | $399.5M | 43% |
| Motive Power | $352.0M | 38% |
| Services | $92.6M | 10% |
| Transferred Over Time | $38.2M | 4% |
| Other | $36.8M | 4% |
