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Alector, Inc.（ALEC）与FIRST US BANCSHARES, INC.（FUSB）财务数据对比。点击上方公司名可切换其他公司
FIRST US BANCSHARES, INC.的季度营收约是Alector, Inc.的1.7倍（$10.4M vs $6.2M），FIRST US BANCSHARES, INC.同比增速更快（7.1% vs -88.5%），FIRST US BANCSHARES, INC.自由现金流更多（$9.1M vs $-184.1M），过去两年FIRST US BANCSHARES, INC.的营收复合增速更高（2.6% vs -37.4%）
Alector是一家临床阶段生物制药企业，专注于神经退行性疾病的免疫疗法研发，管线覆盖阿尔茨海默病、额颞叶痴呆、帕金森病等未被满足的医疗需求，主要在美国运营，与全球药企合作推进候选药物的临床试验。
第一美国银行控股公司是一家银行控股企业，核心子公司第一公民银行在美国23个州经营着超过500家网点，另一家子公司硅谷银行则在15个州设有39个办事处，是美国规模较大的银行机构之一，总部位于北卡罗来纳州罗利。
ALEC vs FUSB — 直观对比
营收规模更大
FUSB
是对方的1.7倍
$6.2M
营收增速更快
FUSB
高出95.6%
-88.5%
自由现金流更多
FUSB
多$193.2M
$-184.1M
两年增速更快
FUSB
近两年复合增速
-37.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.2M | $10.4M |
| 净利润 | — | $2.1M |
| 毛利率 | — | — |
| 营业利润率 | — | 28.1% |
| 净利率 | — | 20.4% |
| 营收同比 | -88.5% | 7.1% |
| 净利润同比 | -1696.9% | 24.2% |
| 每股收益（稀释后） | — | $0.36 |
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ALECFUSB
| Q4 25 | $6.2M | $10.4M | ||
| Q3 25 | $3.3M | $10.5M | ||
| Q2 25 | $7.9M | $10.3M | ||
| Q1 25 | $3.7M | $9.8M | ||
| Q4 24 | $54.2M | $9.7M | ||
| Q3 24 | $15.3M | $10.1M | ||
| Q2 24 | $15.1M | $10.0M | ||
| Q1 24 | $15.9M | $9.9M |
净利润ALECFUSB
| Q4 25 | — | $2.1M | ||
| Q3 25 | $-34.7M | $1.9M | ||
| Q2 25 | $-30.5M | $155.0K | ||
| Q1 25 | $-40.5M | $1.8M | ||
| Q4 24 | $-2.1M | $1.7M | ||
| Q3 24 | $-42.2M | $2.2M | ||
| Q2 24 | $-38.7M | $2.1M | ||
| Q1 24 | $-36.1M | $2.1M |
营业利润率ALECFUSB
| Q4 25 | — | 28.1% | ||
| Q3 25 | -1153.6% | 23.9% | ||
| Q2 25 | -433.6% | 1.6% | ||
| Q1 25 | -1216.5% | 23.8% | ||
| Q4 24 | -13.4% | 23.8% | ||
| Q3 24 | -315.7% | 29.2% | ||
| Q2 24 | -302.4% | 27.4% | ||
| Q1 24 | -275.0% | 27.8% |
净利率ALECFUSB
| Q4 25 | — | 20.4% | ||
| Q3 25 | -1063.4% | 18.4% | ||
| Q2 25 | -387.7% | 1.5% | ||
| Q1 25 | -1101.6% | 18.1% | ||
| Q4 24 | -3.8% | 17.6% | ||
| Q3 24 | -275.2% | 22.0% | ||
| Q2 24 | -256.4% | 21.2% | ||
| Q1 24 | -227.0% | 21.3% |
每股收益（稀释后）ALECFUSB
| Q4 25 | — | $0.36 | ||
| Q3 25 | $-0.34 | $0.32 | ||
| Q2 25 | $-0.30 | $0.03 | ||
| Q1 25 | $-0.41 | $0.29 | ||
| Q4 24 | $-0.02 | $0.29 | ||
| Q3 24 | $-0.43 | $0.36 | ||
| Q2 24 | $-0.40 | $0.34 | ||
| Q1 24 | $-0.38 | $0.34 |
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 | $256.0M | $73.5M |
| 总债务越低越好 | $10.0M | $10.9M |
| 股东权益账面价值 | $30.6M | $105.6M |
| 总资产 | $293.2M | $1.2B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.10× |
8季度趋势，按日历期对齐
现金及短期投资ALECFUSB
| Q4 25 | $256.0M | $73.5M | ||
| Q3 25 | $291.1M | $54.7M | ||
| Q2 25 | $307.3M | $54.0M | ||
| Q1 25 | $354.6M | $56.0M | ||
| Q4 24 | $413.4M | $47.2M | ||
| Q3 24 | $457.2M | $82.3M | ||
| Q2 24 | $503.3M | $58.2M | ||
| Q1 24 | $562.1M | $60.2M |
总债务ALECFUSB
| Q4 25 | $10.0M | $10.9M | ||
| Q3 25 | — | $10.9M | ||
| Q2 25 | — | $10.9M | ||
| Q1 25 | — | $10.9M | ||
| Q4 24 | $10.0M | $10.9M | ||
| Q3 24 | — | $10.9M | ||
| Q2 24 | — | $10.8M | ||
| Q1 24 | — | $10.8M |
股东权益ALECFUSB
| Q4 25 | $30.6M | $105.6M | ||
| Q3 25 | $57.7M | $104.2M | ||
| Q2 25 | $71.2M | $101.9M | ||
| Q1 25 | $94.6M | $101.2M | ||
| Q4 24 | $126.8M | $98.6M | ||
| Q3 24 | $118.9M | $98.5M | ||
| Q2 24 | $150.6M | $93.8M | ||
| Q1 24 | $178.9M | $92.3M |
总资产ALECFUSB
| Q4 25 | $293.2M | $1.2B | ||
| Q3 25 | $335.3M | $1.1B | ||
| Q2 25 | $356.4M | $1.1B | ||
| Q1 25 | $408.3M | $1.1B | ||
| Q4 24 | $468.3M | $1.1B | ||
| Q3 24 | $516.0M | $1.1B | ||
| Q2 24 | $570.7M | $1.1B | ||
| Q1 24 | $635.5M | $1.1B |
负债/权益比ALECFUSB
| Q4 25 | 0.33× | 0.10× | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | 0.08× | 0.11× | ||
| Q3 24 | — | 0.11× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 0.12× |
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 | $-184.0M | $12.3M |
| 自由现金流经营现金流 - 资本支出 | $-184.1M | $9.1M |
| 自由现金流率自由现金流/营收 | -2951.3% | 87.2% |
| 资本支出强度资本支出/营收 | 0.7% | 31.1% |
| 现金转化率经营现金流/净利润 | — | 5.79× |
| 过去12个月自由现金流最近4个季度 | $-326.5M | $16.0M |
8季度趋势，按日历期对齐
经营现金流ALECFUSB
| Q4 25 | $-184.0M | $12.3M | ||
| Q3 25 | $-32.5M | $4.2M | ||
| Q2 25 | $-49.0M | $3.9M | ||
| Q1 25 | $-60.8M | $1.8M | ||
| Q4 24 | $-55.0M | $7.8M | ||
| Q3 24 | $-50.7M | $1.9M | ||
| Q2 24 | $-62.8M | $2.5M | ||
| Q1 24 | $-61.3M | $825.0K |
自由现金流ALECFUSB
| Q4 25 | $-184.1M | $9.1M | ||
| Q3 25 | $-32.5M | $3.6M | ||
| Q2 25 | $-49.1M | $1.6M | ||
| Q1 25 | $-60.8M | $1.7M | ||
| Q4 24 | $-55.2M | $5.7M | ||
| Q3 24 | $-50.9M | $1.3M | ||
| Q2 24 | $-63.1M | $2.3M | ||
| Q1 24 | $-61.9M | $-142.0K |
自由现金流率ALECFUSB
| Q4 25 | -2951.3% | 87.2% | ||
| Q3 25 | -997.6% | 34.2% | ||
| Q2 25 | -623.0% | 16.0% | ||
| Q1 25 | -1655.0% | 17.2% | ||
| Q4 24 | -101.8% | 58.2% | ||
| Q3 24 | -332.1% | 12.7% | ||
| Q2 24 | -418.6% | 23.5% | ||
| Q1 24 | -389.3% | -1.4% |
资本支出强度ALECFUSB
| Q4 25 | 0.7% | 31.1% | ||
| Q3 25 | 0.3% | 5.9% | ||
| Q2 25 | 0.1% | 21.8% | ||
| Q1 25 | 0.5% | 0.7% | ||
| Q4 24 | 0.3% | 21.6% | ||
| Q3 24 | 1.4% | 6.6% | ||
| Q2 24 | 2.2% | 2.0% | ||
| Q1 24 | 3.4% | 9.8% |
现金转化率ALECFUSB
| Q4 25 | — | 5.79× | ||
| Q3 25 | — | 2.18× | ||
| Q2 25 | — | 25.16× | ||
| Q1 25 | — | 0.99× | ||
| Q4 24 | — | 4.53× | ||
| Q3 24 | — | 0.87× | ||
| Q2 24 | — | 1.20× | ||
| Q1 24 | — | 0.39× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
