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Alector, Inc.（ALEC）与INTELLIGENT PROTECTION MANAGEMENT CORP.（IPM）财务数据对比。点击上方公司名可切换其他公司
Alector, Inc.的季度营收约是INTELLIGENT PROTECTION MANAGEMENT CORP.的1.0倍（$6.2M vs $6.1M），INTELLIGENT PROTECTION MANAGEMENT CORP.同比增速更快（2091.6% vs -88.5%），过去两年INTELLIGENT PROTECTION MANAGEMENT CORP.的营收复合增速更高（54.7% 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。
智能防护管理公司是一家总部位于英国格洛斯特郡的控股母公司，于2008年5月21日完成注册。公司为旗下四家子公司提供集团管理架构，其前身是专精于情报搜集、反间谍与反窃听检测业务的国际情报有限公司。
ALEC vs IPM — 直观对比
营收规模更大
ALEC
是对方的1.0倍
$6.1M
营收增速更快
IPM
高出2180.1%
-88.5%
两年增速更快
IPM
近两年复合增速
-37.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.2M | $6.1M |
| 净利润 | — | — |
| 毛利率 | — | 53.1% |
| 营业利润率 | — | -13.4% |
| 净利率 | — | — |
| 营收同比 | -88.5% | 2091.6% |
| 净利润同比 | -1696.9% | — |
| 每股收益（稀释后） | — | $-0.05 |
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ALECIPM
| Q4 25 | $6.2M | $6.1M | ||
| Q3 25 | $3.3M | $6.2M | ||
| Q2 25 | $7.9M | $5.7M | ||
| Q1 25 | $3.7M | $5.5M | ||
| Q4 24 | $54.2M | — | ||
| Q3 24 | $15.3M | — | ||
| Q2 24 | $15.1M | — | ||
| Q1 24 | $15.9M | — |
净利润ALECIPM
| Q4 25 | — | — | ||
| Q3 25 | $-34.7M | $-1.1M | ||
| Q2 25 | $-30.5M | $-1.1M | ||
| Q1 25 | $-40.5M | $808.5K | ||
| Q4 24 | $-2.1M | — | ||
| Q3 24 | $-42.2M | — | ||
| Q2 24 | $-38.7M | — | ||
| Q1 24 | $-36.1M | — |
毛利率ALECIPM
| Q4 25 | — | 53.1% | ||
| Q3 25 | — | 50.7% | ||
| Q2 25 | — | 50.1% | ||
| Q1 25 | — | 55.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率ALECIPM
| Q4 25 | — | -13.4% | ||
| Q3 25 | -1153.6% | -23.0% | ||
| Q2 25 | -433.6% | -19.7% | ||
| Q1 25 | -1216.5% | -24.2% | ||
| Q4 24 | -13.4% | — | ||
| Q3 24 | -315.7% | — | ||
| Q2 24 | -302.4% | — | ||
| Q1 24 | -275.0% | — |
净利率ALECIPM
| Q4 25 | — | — | ||
| Q3 25 | -1063.4% | -17.4% | ||
| Q2 25 | -387.7% | -18.3% | ||
| Q1 25 | -1101.6% | 14.7% | ||
| Q4 24 | -3.8% | — | ||
| Q3 24 | -275.2% | — | ||
| Q2 24 | -256.4% | — | ||
| Q1 24 | -227.0% | — |
每股收益（稀释后）ALECIPM
| Q4 25 | — | $-0.05 | ||
| Q3 25 | $-0.34 | $-0.08 | ||
| Q2 25 | $-0.30 | $-0.08 | ||
| Q1 25 | $-0.41 | $0.06 | ||
| Q4 24 | $-0.02 | — | ||
| Q3 24 | $-0.43 | — | ||
| Q2 24 | $-0.40 | — | ||
| Q1 24 | $-0.38 | — |
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 | $5.6M |
| 总债务越低越好 | $10.0M | — |
| 股东权益账面价值 | $30.6M | $18.2M |
| 总资产 | $293.2M | $26.0M |
| 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ALECIPM
| Q4 25 | $256.0M | $5.6M | ||
| Q3 25 | $291.1M | $7.3M | ||
| Q2 25 | $307.3M | $7.3M | ||
| Q1 25 | $354.6M | $9.7M | ||
| Q4 24 | $413.4M | — | ||
| Q3 24 | $457.2M | — | ||
| Q2 24 | $503.3M | — | ||
| Q1 24 | $562.1M | — |
总债务ALECIPM
| Q4 25 | $10.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $10.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ALECIPM
| Q4 25 | $30.6M | $18.2M | ||
| Q3 25 | $57.7M | $18.8M | ||
| Q2 25 | $71.2M | $19.9M | ||
| Q1 25 | $94.6M | $21.1M | ||
| Q4 24 | $126.8M | — | ||
| Q3 24 | $118.9M | — | ||
| Q2 24 | $150.6M | — | ||
| Q1 24 | $178.9M | — |
总资产ALECIPM
| Q4 25 | $293.2M | $26.0M | ||
| Q3 25 | $335.3M | $27.2M | ||
| Q2 25 | $356.4M | $29.8M | ||
| Q1 25 | $408.3M | $31.1M | ||
| Q4 24 | $468.3M | — | ||
| Q3 24 | $516.0M | — | ||
| Q2 24 | $570.7M | — | ||
| Q1 24 | $635.5M | — |
负债/权益比ALECIPM
| Q4 25 | 0.33× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $87.6K |
| 自由现金流经营现金流 - 资本支出 | $-184.1M | — |
| 自由现金流率自由现金流/营收 | -2951.3% | — |
| 资本支出强度资本支出/营收 | 0.7% | — |
| 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 | $-326.5M | — |
8季度趋势，按日历期对齐
经营现金流ALECIPM
| Q4 25 | $-184.0M | $87.6K | ||
| Q3 25 | $-32.5M | $133.0K | ||
| Q2 25 | $-49.0M | $-888.7K | ||
| Q1 25 | $-60.8M | $1.7M | ||
| Q4 24 | $-55.0M | — | ||
| Q3 24 | $-50.7M | — | ||
| Q2 24 | $-62.8M | — | ||
| Q1 24 | $-61.3M | — |
自由现金流ALECIPM
| Q4 25 | $-184.1M | — | ||
| Q3 25 | $-32.5M | — | ||
| Q2 25 | $-49.1M | — | ||
| Q1 25 | $-60.8M | — | ||
| Q4 24 | $-55.2M | — | ||
| Q3 24 | $-50.9M | — | ||
| Q2 24 | $-63.1M | — | ||
| Q1 24 | $-61.9M | — |
自由现金流率ALECIPM
| Q4 25 | -2951.3% | — | ||
| Q3 25 | -997.6% | — | ||
| Q2 25 | -623.0% | — | ||
| Q1 25 | -1655.0% | — | ||
| Q4 24 | -101.8% | — | ||
| Q3 24 | -332.1% | — | ||
| Q2 24 | -418.6% | — | ||
| Q1 24 | -389.3% | — |
资本支出强度ALECIPM
| Q4 25 | 0.7% | — | ||
| Q3 25 | 0.3% | 0.0% | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 1.4% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 3.4% | — |
现金转化率ALECIPM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.16× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
ALEC
暂无分部数据
IPM
| Procurement Revenue | $5.4M | 88% |
| Other | $743.9K | 12% |
