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Alector, Inc.（ALEC）与Solid Power, Inc.（SLDP）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Solid Power, Inc.的1.7倍（$6.2M vs $3.6M），Solid Power, Inc.同比增速更快（-18.6% vs -88.5%），Solid Power, Inc.自由现金流更多（$-23.0M vs $-184.1M），过去两年Solid Power, Inc.的营收复合增速更高（-21.9% 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。
该企业的信息表述存在混淆，所描述的是新西兰最大的煤炭开采企业Solid Energy，为新西兰政府旗下国有企业，而本条目对应企业为Solid Power, Inc.，是固态电池开发领域的企业。
ALEC vs SLDP — 直观对比
营收规模更大
ALEC
是对方的1.7倍
$3.6M
营收增速更快
SLDP
高出69.9%
-88.5%
自由现金流更多
SLDP
多$161.1M
$-184.1M
两年增速更快
SLDP
近两年复合增速
-37.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.2M | $3.6M |
| 净利润 | — | — |
| 毛利率 | — | — |
| 营业利润率 | — | -730.1% |
| 净利率 | — | — |
| 营收同比 | -88.5% | -18.6% |
| 净利润同比 | -1696.9% | — |
| 每股收益（稀释后） | — | $-0.15 |
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ALECSLDP
| Q4 25 | $6.2M | $3.6M | ||
| Q3 25 | $3.3M | $3.7M | ||
| Q2 25 | $7.9M | $6.5M | ||
| Q1 25 | $3.7M | $6.0M | ||
| Q4 24 | $54.2M | $4.5M | ||
| Q3 24 | $15.3M | $4.7M | ||
| Q2 24 | $15.1M | $5.1M | ||
| Q1 24 | $15.9M | $6.0M |
净利润ALECSLDP
| Q4 25 | — | — | ||
| Q3 25 | $-34.7M | $-25.9M | ||
| Q2 25 | $-30.5M | $-25.3M | ||
| Q1 25 | $-40.5M | $-15.2M | ||
| Q4 24 | $-2.1M | — | ||
| Q3 24 | $-42.2M | $-22.4M | ||
| Q2 24 | $-38.7M | $-22.3M | ||
| Q1 24 | $-36.1M | $-21.2M |
营业利润率ALECSLDP
| Q4 25 | — | -730.1% | ||
| Q3 25 | -1153.6% | -654.4% | ||
| Q2 25 | -433.6% | -398.9% | ||
| Q1 25 | -1216.5% | -399.4% | ||
| Q4 24 | -13.4% | -561.1% | ||
| Q3 24 | -315.7% | -593.2% | ||
| Q2 24 | -302.4% | -530.8% | ||
| Q1 24 | -275.0% | -433.1% |
净利率ALECSLDP
| Q4 25 | — | — | ||
| Q3 25 | -1063.4% | -693.1% | ||
| Q2 25 | -387.7% | -390.7% | ||
| Q1 25 | -1101.6% | -251.8% | ||
| Q4 24 | -3.8% | — | ||
| Q3 24 | -275.2% | -482.0% | ||
| Q2 24 | -256.4% | -438.9% | ||
| Q1 24 | -227.0% | -356.2% |
每股收益（稀释后）ALECSLDP
| Q4 25 | — | $-0.15 | ||
| Q3 25 | $-0.34 | $-0.14 | ||
| Q2 25 | $-0.30 | $-0.14 | ||
| Q1 25 | $-0.41 | $-0.08 | ||
| Q4 24 | $-0.02 | $-0.16 | ||
| Q3 24 | $-0.43 | $-0.13 | ||
| Q2 24 | $-0.40 | $-0.13 | ||
| Q1 24 | $-0.38 | $-0.12 |
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 | $250.8M |
| 总债务越低越好 | $10.0M | — |
| 股东权益账面价值 | $30.6M | $415.7M |
| 总资产 | $293.2M | $455.1M |
| 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ALECSLDP
| Q4 25 | $256.0M | $250.8M | ||
| Q3 25 | $291.1M | $251.2M | ||
| Q2 25 | $307.3M | $230.9M | ||
| Q1 25 | $354.6M | $240.9M | ||
| Q4 24 | $413.4M | $118.2M | ||
| Q3 24 | $457.2M | $132.0M | ||
| Q2 24 | $503.3M | $140.5M | ||
| Q1 24 | $562.1M | $146.6M |
总债务ALECSLDP
| Q4 25 | $10.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $10.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ALECSLDP
| Q4 25 | $30.6M | $415.7M | ||
| Q3 25 | $57.7M | $381.2M | ||
| Q2 25 | $71.2M | $370.6M | ||
| Q1 25 | $94.6M | $397.1M | ||
| Q4 24 | $126.8M | $410.3M | ||
| Q3 24 | $118.9M | $439.4M | ||
| Q2 24 | $150.6M | $456.8M | ||
| Q1 24 | $178.9M | $479.4M |
总资产ALECSLDP
| Q4 25 | $293.2M | $455.1M | ||
| Q3 25 | $335.3M | $416.1M | ||
| Q2 25 | $356.4M | $398.0M | ||
| Q1 25 | $408.3M | $419.4M | ||
| Q4 24 | $468.3M | $448.3M | ||
| Q3 24 | $516.0M | $470.9M | ||
| Q2 24 | $570.7M | $492.6M | ||
| Q1 24 | $635.5M | $516.2M |
负债/权益比ALECSLDP
| 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 | $-18.4M |
| 自由现金流经营现金流 - 资本支出 | $-184.1M | $-23.0M |
| 自由现金流率自由现金流/营收 | -2951.3% | -633.0% |
| 资本支出强度资本支出/营收 | 0.7% | 126.5% |
| 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 | $-83.6M |
8季度趋势，按日历期对齐
经营现金流ALECSLDP
| Q4 25 | $-184.0M | $-18.4M | ||
| Q3 25 | $-32.5M | $-14.3M | ||
| Q2 25 | $-49.0M | $-14.4M | ||
| Q1 25 | $-60.8M | $-26.3M | ||
| Q4 24 | $-55.0M | $-13.9M | ||
| Q3 24 | $-50.7M | $-9.9M | ||
| Q2 24 | $-62.8M | $-11.1M | ||
| Q1 24 | $-61.3M | $-29.1M |
自由现金流ALECSLDP
| Q4 25 | $-184.1M | $-23.0M | ||
| Q3 25 | $-32.5M | $-14.8M | ||
| Q2 25 | $-49.1M | $-17.1M | ||
| Q1 25 | $-60.8M | $-28.6M | ||
| Q4 24 | $-55.2M | $-18.6M | ||
| Q3 24 | $-50.9M | $-12.6M | ||
| Q2 24 | $-63.1M | $-15.5M | ||
| Q1 24 | $-61.9M | $-33.1M |
自由现金流率ALECSLDP
| Q4 25 | -2951.3% | -633.0% | ||
| Q3 25 | -997.6% | -397.6% | ||
| Q2 25 | -623.0% | -264.2% | ||
| Q1 25 | -1655.0% | -476.1% | ||
| Q4 24 | -101.8% | -416.5% | ||
| Q3 24 | -332.1% | -271.5% | ||
| Q2 24 | -418.6% | -305.8% | ||
| Q1 24 | -389.3% | -556.3% |
资本支出强度ALECSLDP
| Q4 25 | 0.7% | 126.5% | ||
| Q3 25 | 0.3% | 15.3% | ||
| Q2 25 | 0.1% | 41.5% | ||
| Q1 25 | 0.5% | 39.1% | ||
| Q4 24 | 0.3% | 105.5% | ||
| Q3 24 | 1.4% | 59.7% | ||
| Q2 24 | 2.2% | 86.8% | ||
| Q1 24 | 3.4% | 68.1% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
