vs
Alexander & Baldwin, Inc.（ALEX）与NeuroPace Inc（NPCE）财务数据对比。点击上方公司名可切换其他公司
Alexander & Baldwin, Inc.的季度营收约是NeuroPace Inc的1.9倍（$51.0M vs $26.6M），Alexander & Baldwin, Inc.净利率更高（7.4% vs -10.3%，领先17.7%），NeuroPace Inc同比增速更快（23.9% vs -18.4%），Alexander & Baldwin, Inc.自由现金流更多（$27.3M vs $409.0K），过去两年NeuroPace Inc的营收复合增速更高（21.1% vs -8.7%）
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。
NeuroPace Inc是一家专注于神经调控技术的医疗科技企业，核心产品为可植入式响应神经刺激系统，主要用于治疗药物难治性癫痫，通过与医疗机构合作，为北美及部分全球市场的患者提供个性化治疗方案，降低癫痫发作频率。
ALEX vs NPCE — 直观对比
营收规模更大
ALEX
是对方的1.9倍
$26.6M
营收增速更快
NPCE
高出42.2%
-18.4%
净利率更高
ALEX
高出17.7%
-10.3%
自由现金流更多
ALEX
多$26.9M
$409.0K
两年增速更快
NPCE
近两年复合增速
-8.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $51.0M | $26.6M |
| 净利润 | $3.8M | $-2.7M |
| 毛利率 | — | 77.4% |
| 营业利润率 | 17.1% | -6.6% |
| 净利率 | 7.4% | -10.3% |
| 营收同比 | -18.4% | 23.9% |
| 净利润同比 | -69.7% | 48.0% |
| 每股收益（稀释后） | $0.05 | $-0.08 |
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ALEXNPCE
| Q4 25 | $51.0M | $26.6M | ||
| Q3 25 | $50.2M | $27.4M | ||
| Q2 25 | $51.7M | $23.5M | ||
| Q1 25 | $53.7M | $22.5M | ||
| Q4 24 | $62.4M | $21.5M | ||
| Q3 24 | $61.9M | $21.1M | ||
| Q2 24 | $51.0M | $19.3M | ||
| Q1 24 | $61.2M | $18.1M |
净利润ALEXNPCE
| Q4 25 | $3.8M | $-2.7M | ||
| Q3 25 | $14.3M | $-3.5M | ||
| Q2 25 | $25.1M | $-8.7M | ||
| Q1 25 | $21.4M | $-6.6M | ||
| Q4 24 | $12.4M | $-5.3M | ||
| Q3 24 | $19.0M | $-5.5M | ||
| Q2 24 | $9.1M | $-7.5M | ||
| Q1 24 | $20.0M | $-8.9M |
毛利率ALEXNPCE
| Q4 25 | — | 77.4% | ||
| Q3 25 | — | 77.4% | ||
| Q2 25 | — | 77.1% | ||
| Q1 25 | — | 77.0% | ||
| Q4 24 | — | 75.4% | ||
| Q3 24 | — | 73.2% | ||
| Q2 24 | — | 73.4% | ||
| Q1 24 | — | 73.6% |
营业利润率ALEXNPCE
| Q4 25 | 17.1% | -6.6% | ||
| Q3 25 | 38.2% | -9.5% | ||
| Q2 25 | 54.4% | -29.0% | ||
| Q1 25 | 44.6% | -22.9% | ||
| Q4 24 | 28.3% | -17.0% | ||
| Q3 24 | 35.6% | -20.1% | ||
| Q2 24 | 31.8% | -32.4% | ||
| Q1 24 | 38.9% | -41.6% |
净利率ALEXNPCE
| Q4 25 | 7.4% | -10.3% | ||
| Q3 25 | 28.5% | -12.8% | ||
| Q2 25 | 48.6% | -36.8% | ||
| Q1 25 | 39.9% | -29.3% | ||
| Q4 24 | 19.9% | -24.5% | ||
| Q3 24 | 30.7% | -25.9% | ||
| Q2 24 | 17.8% | -39.0% | ||
| Q1 24 | 32.6% | -49.2% |
每股收益（稀释后）ALEXNPCE
| Q4 25 | $0.05 | $-0.08 | ||
| Q3 25 | $0.20 | $-0.11 | ||
| Q2 25 | $0.35 | $-0.26 | ||
| Q1 25 | $0.29 | $-0.21 | ||
| Q4 24 | $0.16 | $-0.16 | ||
| Q3 24 | $0.26 | $-0.19 | ||
| Q2 24 | $0.13 | $-0.26 | ||
| Q1 24 | $0.28 | $-0.32 |
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 | $61.1M |
| 总债务越低越好 | $491.6M | — |
| 股东权益账面价值 | $987.2M | $19.0M |
| 总资产 | $1.7B | $105.6M |
| 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ALEXNPCE
| Q4 25 | $11.3M | $61.1M | ||
| Q3 25 | $17.3M | $60.0M | ||
| Q2 25 | $8.6M | $62.1M | ||
| Q1 25 | $16.9M | $66.3M | ||
| Q4 24 | $33.4M | $52.8M | ||
| Q3 24 | $17.9M | $56.8M | ||
| Q2 24 | $29.5M | $55.5M | ||
| Q1 24 | $15.7M | $58.9M |
总债务ALEXNPCE
| Q4 25 | $491.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $474.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ALEXNPCE
| Q4 25 | $987.2M | $19.0M | ||
| Q3 25 | $1.0B | $18.5M | ||
| Q2 25 | $1.0B | $19.4M | ||
| Q1 25 | $1.0B | $24.3M | ||
| Q4 24 | $1.0B | $8.0M | ||
| Q3 24 | $998.2M | $9.8M | ||
| Q2 24 | $1.0B | $9.9M | ||
| Q1 24 | $1.0B | $14.3M |
总资产ALEXNPCE
| Q4 25 | $1.7B | $105.6M | ||
| Q3 25 | $1.7B | $107.3M | ||
| Q2 25 | $1.6B | $106.1M | ||
| Q1 25 | $1.6B | $110.2M | ||
| Q4 24 | $1.7B | $94.6M | ||
| Q3 24 | $1.7B | $96.3M | ||
| Q2 24 | $1.6B | $94.4M | ||
| Q1 24 | $1.6B | $98.9M |
负债/权益比ALEXNPCE
| 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 | $506.0K |
| 自由现金流经营现金流 - 资本支出 | $27.3M | $409.0K |
| 自由现金流率自由现金流/营收 | 53.5% | 1.5% |
| 资本支出强度资本支出/营收 | 102.4% | 0.4% |
| 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 | $-11.3M |
8季度趋势，按日历期对齐
经营现金流ALEXNPCE
| Q4 25 | $79.5M | $506.0K | ||
| Q3 25 | $24.5M | $-1.9M | ||
| Q2 25 | $16.5M | $-2.1M | ||
| Q1 25 | $26.0M | $-7.5M | ||
| Q4 24 | $98.0M | $-4.8M | ||
| Q3 24 | $35.3M | $-1.7M | ||
| Q2 24 | $22.3M | $-3.9M | ||
| Q1 24 | $16.1M | $-7.5M |
自由现金流ALEXNPCE
| Q4 25 | $27.3M | $409.0K | ||
| Q3 25 | $-3.7M | $-2.0M | ||
| Q2 25 | $11.8M | $-2.3M | ||
| Q1 25 | $21.8M | $-7.5M | ||
| Q4 24 | $77.0M | $-4.8M | ||
| Q3 24 | $31.4M | $-1.8M | ||
| Q2 24 | $18.0M | $-4.0M | ||
| Q1 24 | $12.3M | $-7.6M |
自由现金流率ALEXNPCE
| Q4 25 | 53.5% | 1.5% | ||
| Q3 25 | -7.4% | -7.2% | ||
| Q2 25 | 22.8% | -9.6% | ||
| Q1 25 | 40.6% | -33.4% | ||
| Q4 24 | 123.4% | -22.5% | ||
| Q3 24 | 50.8% | -8.7% | ||
| Q2 24 | 35.3% | -20.6% | ||
| Q1 24 | 20.1% | -42.1% |
资本支出强度ALEXNPCE
| Q4 25 | 102.4% | 0.4% | ||
| Q3 25 | 56.1% | 0.1% | ||
| Q2 25 | 9.1% | 0.7% | ||
| Q1 25 | 7.8% | 0.2% | ||
| Q4 24 | 33.5% | 0.2% | ||
| Q3 24 | 6.2% | 0.5% | ||
| Q2 24 | 8.4% | 0.3% | ||
| Q1 24 | 6.1% | 0.6% |
现金转化率ALEXNPCE
| 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
