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Alector, Inc.（ALEC）与Pathfinder Bancorp, Inc.（PBHC）财务数据对比。点击上方公司名可切换其他公司
Pathfinder Bancorp, Inc.的季度营收约是Alector, Inc.的1.9倍（$11.8M vs $6.2M），Pathfinder Bancorp, Inc.同比增速更快（-22.6% vs -88.5%），Pathfinder Bancorp, Inc.自由现金流更多（$10.4M vs $-184.1M），过去两年Pathfinder Bancorp, Inc.的营收复合增速更高（3.0% 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。
Pathfinder Bancorp, Inc.是美国区域性银行控股公司，旗下运营探路者银行，服务纽约州中部市场，为个人消费者及中小企业提供存款账户、住房抵押贷款、商业贷款、财富管理等各类金融服务。
ALEC vs PBHC — 直观对比
营收规模更大
PBHC
是对方的1.9倍
$6.2M
营收增速更快
PBHC
高出65.9%
-88.5%
自由现金流更多
PBHC
多$194.5M
$-184.1M
两年增速更快
PBHC
近两年复合增速
-37.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.2M | $11.8M |
| 净利润 | — | $-5.6M |
| 毛利率 | — | — |
| 营业利润率 | — | -81.1% |
| 净利率 | — | -52.9% |
| 营收同比 | -88.5% | -22.6% |
| 净利润同比 | -1696.9% | -242.4% |
| 每股收益（稀释后） | — | — |
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ALECPBHC
| Q4 25 | $6.2M | $11.8M | ||
| Q3 25 | $3.3M | $13.1M | ||
| Q2 25 | $7.9M | $9.3M | ||
| Q1 25 | $3.7M | $12.6M | ||
| Q4 24 | $54.2M | $15.3M | ||
| Q3 24 | $15.3M | $13.4M | ||
| Q2 24 | $15.1M | $10.7M | ||
| Q1 24 | $15.9M | $11.1M |
净利润ALECPBHC
| Q4 25 | — | $-5.6M | ||
| Q3 25 | $-34.7M | $626.0K | ||
| Q2 25 | $-30.5M | $31.0K | ||
| Q1 25 | $-40.5M | $3.0M | ||
| Q4 24 | $-2.1M | $3.9M | ||
| Q3 24 | $-42.2M | $-4.6M | ||
| Q2 24 | $-38.7M | $2.0M | ||
| Q1 24 | $-36.1M | $2.1M |
营业利润率ALECPBHC
| Q4 25 | — | -81.1% | ||
| Q3 25 | -1153.6% | 5.1% | ||
| Q2 25 | -433.6% | 0.4% | ||
| Q1 25 | -1216.5% | 29.5% | ||
| Q4 24 | -13.4% | 55.4% | ||
| Q3 24 | -315.7% | -43.1% | ||
| Q2 24 | -302.4% | 23.3% | ||
| Q1 24 | -275.0% | 24.3% |
净利率ALECPBHC
| Q4 25 | — | -52.9% | ||
| Q3 25 | -1063.4% | 4.8% | ||
| Q2 25 | -387.7% | 0.3% | ||
| Q1 25 | -1101.6% | 23.6% | ||
| Q4 24 | -3.8% | 37.7% | ||
| Q3 24 | -275.2% | -34.6% | ||
| Q2 24 | -256.4% | 18.7% | ||
| Q1 24 | -227.0% | 19.0% |
每股收益（稀释后）ALECPBHC
| Q4 25 | — | — | ||
| Q3 25 | $-0.34 | $0.47 | ||
| Q2 25 | $-0.30 | $0.47 | ||
| Q1 25 | $-0.41 | — | ||
| Q4 24 | $-0.02 | — | ||
| Q3 24 | $-0.43 | $0.41 | ||
| Q2 24 | $-0.40 | $0.41 | ||
| 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 | — |
| 总债务越低越好 | $10.0M | $14.1M |
| 股东权益账面价值 | $30.6M | $122.5M |
| 总资产 | $293.2M | $1.4B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.11× |
8季度趋势，按日历期对齐
现金及短期投资ALECPBHC
| Q4 25 | $256.0M | — | ||
| Q3 25 | $291.1M | — | ||
| Q2 25 | $307.3M | — | ||
| Q1 25 | $354.6M | — | ||
| Q4 24 | $413.4M | — | ||
| Q3 24 | $457.2M | — | ||
| Q2 24 | $503.3M | — | ||
| Q1 24 | $562.1M | — |
总债务ALECPBHC
| Q4 25 | $10.0M | $14.1M | ||
| Q3 25 | — | $18.7M | ||
| Q2 25 | — | $21.0M | ||
| Q1 25 | — | $17.6M | ||
| Q4 24 | $10.0M | $27.1M | ||
| Q3 24 | — | $39.8M | ||
| Q2 24 | — | $45.9M | ||
| Q1 24 | — | $45.9M |
股东权益ALECPBHC
| Q4 25 | $30.6M | $122.5M | ||
| Q3 25 | $57.7M | $126.3M | ||
| Q2 25 | $71.2M | $124.4M | ||
| Q1 25 | $94.6M | $124.9M | ||
| Q4 24 | $126.8M | $121.5M | ||
| Q3 24 | $118.9M | $120.2M | ||
| Q2 24 | $150.6M | $123.3M | ||
| Q1 24 | $178.9M | $121.8M |
总资产ALECPBHC
| Q4 25 | $293.2M | $1.4B | ||
| Q3 25 | $335.3M | $1.5B | ||
| Q2 25 | $356.4M | $1.5B | ||
| Q1 25 | $408.3M | $1.5B | ||
| Q4 24 | $468.3M | $1.5B | ||
| Q3 24 | $516.0M | $1.5B | ||
| Q2 24 | $570.7M | $1.4B | ||
| Q1 24 | $635.5M | $1.5B |
负债/权益比ALECPBHC
| Q4 25 | 0.33× | 0.11× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.14× | ||
| Q4 24 | 0.08× | 0.22× | ||
| Q3 24 | — | 0.33× | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | 0.38× |
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 | $11.7M |
| 自由现金流经营现金流 - 资本支出 | $-184.1M | $10.4M |
| 自由现金流率自由现金流/营收 | -2951.3% | 88.1% |
| 资本支出强度资本支出/营收 | 0.7% | 10.7% |
| 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 | $18.4M |
8季度趋势，按日历期对齐
经营现金流ALECPBHC
| Q4 25 | $-184.0M | $11.7M | ||
| Q3 25 | $-32.5M | $7.0M | ||
| Q2 25 | $-49.0M | $-3.7M | ||
| Q1 25 | $-60.8M | $5.7M | ||
| Q4 24 | $-55.0M | $11.2M | ||
| Q3 24 | $-50.7M | $11.8M | ||
| Q2 24 | $-62.8M | $1.5M | ||
| Q1 24 | $-61.3M | $504.0K |
自由现金流ALECPBHC
| Q4 25 | $-184.1M | $10.4M | ||
| Q3 25 | $-32.5M | $6.9M | ||
| Q2 25 | $-49.1M | $-4.0M | ||
| Q1 25 | $-60.8M | $5.1M | ||
| Q4 24 | $-55.2M | $9.1M | ||
| Q3 24 | $-50.9M | $11.3M | ||
| Q2 24 | $-63.1M | $637.0K | ||
| Q1 24 | $-61.9M | $274.0K |
自由现金流率ALECPBHC
| Q4 25 | -2951.3% | 88.1% | ||
| Q3 25 | -997.6% | 52.8% | ||
| Q2 25 | -623.0% | -42.6% | ||
| Q1 25 | -1655.0% | 40.1% | ||
| Q4 24 | -101.8% | 59.9% | ||
| Q3 24 | -332.1% | 84.3% | ||
| Q2 24 | -418.6% | 6.0% | ||
| Q1 24 | -389.3% | 2.5% |
资本支出强度ALECPBHC
| Q4 25 | 0.7% | 10.7% | ||
| Q3 25 | 0.3% | 1.0% | ||
| Q2 25 | 0.1% | 2.4% | ||
| Q1 25 | 0.5% | 5.1% | ||
| Q4 24 | 0.3% | 13.5% | ||
| Q3 24 | 1.4% | 3.8% | ||
| Q2 24 | 2.2% | 8.2% | ||
| Q1 24 | 3.4% | 2.1% |
现金转化率ALECPBHC
| Q4 25 | — | — | ||
| Q3 25 | — | 11.26× | ||
| Q2 25 | — | -120.55× | ||
| Q1 25 | — | 1.92× | ||
| Q4 24 | — | 2.87× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.24× |
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
PBHC
| Other | $5.6M | 47% |
| Banking | $3.7M | 31% |
| Deposit Account | $1.5M | 13% |
| Financial Service Other | $1.0M | 9% |
