vs
Alexander & Baldwin, Inc.（ALEX）与AST SpaceMobile, Inc.（ASTS）财务数据对比。点击上方公司名可切换其他公司
AST SpaceMobile, Inc.的季度营收约是Alexander & Baldwin, Inc.的1.1倍（$54.3M vs $51.0M），Alexander & Baldwin, Inc.净利率更高（7.4% vs -136.2%，领先143.6%），AST SpaceMobile, Inc.同比增速更快（2758.2% vs -18.4%），Alexander & Baldwin, Inc.自由现金流更多（$27.3M vs $-330.7M）
亚历山大-鲍德温公司是一家美国企业，曾是夏威夷领地时期五大财团之一，也是五大财团中最晚停止甘蔗种植的企业。目前公司主营房地产开发、土地运营以及建材与建筑业务，截至2020年，该公司是夏威夷最大的私人土地持有者之一，在当地拥有超2.8万英亩土地，运营着36处收益性物业。
AST SpaceMobile是总部位于美国得克萨斯州米德兰的上市卫星设计与制造企业，目前正搭建SpaceMobile卫星星座，打造可直接对接未改装普通智能手机的天基蜂窝宽带网络，面向全球偏远及通信服务薄弱地区提供4G、5G宽带覆盖服务。
ALEX vs ASTS — 直观对比
营收规模更大
ASTS
是对方的1.1倍
$51.0M
营收增速更快
ASTS
高出2776.5%
-18.4%
净利率更高
ALEX
高出143.6%
-136.2%
自由现金流更多
ALEX
多$358.0M
$-330.7M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $51.0M | $54.3M |
| 净利润 | $3.8M | $-74.0M |
| 毛利率 | — | — |
| 营业利润率 | 17.1% | -175.0% |
| 净利率 | 7.4% | -136.2% |
| 营收同比 | -18.4% | 2758.2% |
| 净利润同比 | -69.7% | -106.3% |
| 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ALEXASTS
| Q4 25 | $51.0M | $54.3M | ||
| Q3 25 | $50.2M | $14.7M | ||
| Q2 25 | $51.7M | — | ||
| Q1 25 | $53.7M | — | ||
| Q4 24 | $62.4M | — | ||
| Q3 24 | $61.9M | — | ||
| Q2 24 | $51.0M | — | ||
| Q1 24 | $61.2M | — |
净利润ALEXASTS
| Q4 25 | $3.8M | $-74.0M | ||
| Q3 25 | $14.3M | $-122.9M | ||
| Q2 25 | $25.1M | — | ||
| Q1 25 | $21.4M | — | ||
| Q4 24 | $12.4M | — | ||
| Q3 24 | $19.0M | — | ||
| Q2 24 | $9.1M | — | ||
| Q1 24 | $20.0M | — |
营业利润率ALEXASTS
| Q4 25 | 17.1% | -175.0% | ||
| Q3 25 | 38.2% | -1109.0% | ||
| Q2 25 | 54.4% | — | ||
| Q1 25 | 44.6% | — | ||
| Q4 24 | 28.3% | — | ||
| Q3 24 | 35.6% | — | ||
| Q2 24 | 31.8% | — | ||
| Q1 24 | 38.9% | — |
净利率ALEXASTS
| Q4 25 | 7.4% | -136.2% | ||
| Q3 25 | 28.5% | -833.7% | ||
| Q2 25 | 48.6% | — | ||
| Q1 25 | 39.9% | — | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 30.7% | — | ||
| Q2 24 | 17.8% | — | ||
| Q1 24 | 32.6% | — |
每股收益（稀释后）ALEXASTS
| Q4 25 | $0.05 | — | ||
| Q3 25 | $0.20 | — | ||
| Q2 25 | $0.35 | — | ||
| Q1 25 | $0.29 | — | ||
| Q4 24 | $0.16 | — | ||
| Q3 24 | $0.26 | — | ||
| Q2 24 | $0.13 | — | ||
| Q1 24 | $0.28 | — |
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 | $11.3M | $4.3B |
| 总债务越低越好 | $491.6M | — |
| 股东权益账面价值 | $987.2M | $2.4B |
| 总资产 | $1.7B | $5.0B |
| 负债/权益比越低杠杆越低 | 0.50× | — |
8季度趋势，按日历期对齐
现金及短期投资ALEXASTS
| Q4 25 | $11.3M | $4.3B | ||
| Q3 25 | $17.3M | $2.4B | ||
| Q2 25 | $8.6M | — | ||
| Q1 25 | $16.9M | — | ||
| Q4 24 | $33.4M | — | ||
| Q3 24 | $17.9M | — | ||
| Q2 24 | $29.5M | — | ||
| Q1 24 | $15.7M | — |
总债务ALEXASTS
| Q4 25 | $491.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $474.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ALEXASTS
| Q4 25 | $987.2M | $2.4B | ||
| Q3 25 | $1.0B | $1.6B | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $998.2M | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
总资产ALEXASTS
| Q4 25 | $1.7B | $5.0B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.6B | — |
负债/权益比ALEXASTS
| Q4 25 | 0.50× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.47× | — | ||
| 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 | $79.5M | $65.0M |
| 自由现金流经营现金流 - 资本支出 | $27.3M | $-330.7M |
| 自由现金流率自由现金流/营收 | 53.5% | -609.0% |
| 资本支出强度资本支出/营收 | 102.4% | 728.7% |
| 现金转化率经营现金流/净利润 | 21.06× | — |
| 过去12个月自由现金流最近4个季度 | $57.2M | $-790.4M |
8季度趋势，按日历期对齐
经营现金流ALEXASTS
| Q4 25 | $79.5M | $65.0M | ||
| Q3 25 | $24.5M | $-64.5M | ||
| Q2 25 | $16.5M | — | ||
| Q1 25 | $26.0M | — | ||
| Q4 24 | $98.0M | — | ||
| Q3 24 | $35.3M | — | ||
| Q2 24 | $22.3M | — | ||
| Q1 24 | $16.1M | — |
自由现金流ALEXASTS
| Q4 25 | $27.3M | $-330.7M | ||
| Q3 25 | $-3.7M | $-302.9M | ||
| Q2 25 | $11.8M | — | ||
| Q1 25 | $21.8M | — | ||
| Q4 24 | $77.0M | — | ||
| Q3 24 | $31.4M | — | ||
| Q2 24 | $18.0M | — | ||
| Q1 24 | $12.3M | — |
自由现金流率ALEXASTS
| Q4 25 | 53.5% | -609.0% | ||
| Q3 25 | -7.4% | -2055.0% | ||
| Q2 25 | 22.8% | — | ||
| Q1 25 | 40.6% | — | ||
| Q4 24 | 123.4% | — | ||
| Q3 24 | 50.8% | — | ||
| Q2 24 | 35.3% | — | ||
| Q1 24 | 20.1% | — |
资本支出强度ALEXASTS
| Q4 25 | 102.4% | 728.7% | ||
| Q3 25 | 56.1% | 1617.6% | ||
| Q2 25 | 9.1% | — | ||
| Q1 25 | 7.8% | — | ||
| Q4 24 | 33.5% | — | ||
| Q3 24 | 6.2% | — | ||
| Q2 24 | 8.4% | — | ||
| Q1 24 | 6.1% | — |
现金转化率ALEXASTS
| Q4 25 | 21.06× | — | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 0.66× | — | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | 7.88× | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 2.45× | — | ||
| Q1 24 | 0.80× | — |
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
ALEX
暂无分部数据
ASTS
| Products | $44.4M | 82% |
| Other | $7.8M | 14% |
| Sat Co | $2.1M | 4% |
