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Alignment Healthcare, Inc.（ALHC）与朗美通（LITE）财务数据对比。点击上方公司名可切换其他公司
Alignment Healthcare, Inc.的季度营收约是朗美通的1.9倍（$1.2B vs $665.5M），朗美通净利率更高（11.8% vs 0.9%，领先10.8%），朗美通同比增速更快（65.5% vs -74.7%），过去两年朗美通的营收复合增速更高（34.8% vs 34.6%）
Alignment Healthcare是总部位于美国的医疗保健企业，主打联邦医疗保险优势计划，为老年群体提供协调医疗服务、处方药保障及补充福利，采用价值导向医疗模式，与本土医疗机构合作，业务覆盖美国多个州，致力提升患者健康水平。
朗美通控股（Lumentum Holdings Inc.）是全球知名光电产品供应商，前身为美国捷迪讯（JDSU）旗下光电器件及激光业务板块，2015年8月随捷迪讯分拆独立运营，总部位于美国加利福尼亚州米尔皮塔斯，主营光通信网络设备、激光器、定制光学解决方案等多元产品。
ALHC vs LITE — 直观对比
营收规模更大
ALHC
是对方的1.9倍
$665.5M
营收增速更快
LITE
高出140.2%
-74.7%
净利率更高
LITE
高出10.8%
0.9%
两年增速更快
LITE
近两年复合增速
34.6%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $665.5M |
| 净利润 | $11.4M | $78.2M |
| 毛利率 | — | 36.1% |
| 营业利润率 | — | 9.7% |
| 净利率 | 0.9% | 11.8% |
| 营收同比 | -74.7% | 65.5% |
| 净利润同比 | — | 228.4% |
| 每股收益（稀释后） | — | $0.89 |
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ALHCLITE
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.0B | $665.5M | ||
| Q3 25 | $993.7M | $533.8M | ||
| Q2 25 | $1.0B | $480.7M | ||
| Q1 25 | $926.9M | $425.2M | ||
| Q4 24 | $701.2M | $402.2M | ||
| Q3 24 | $692.4M | $336.9M | ||
| Q2 24 | $681.3M | $308.3M |
净利润ALHCLITE
| Q1 26 | $11.4M | — | ||
| Q4 25 | $-11.0M | $78.2M | ||
| Q3 25 | $3.7M | $4.2M | ||
| Q2 25 | $15.7M | $213.3M | ||
| Q1 25 | $-9.1M | $-44.1M | ||
| Q4 24 | $-31.1M | $-60.9M | ||
| Q3 24 | $-26.4M | $-82.4M | ||
| Q2 24 | $-24.0M | $-252.5M |
毛利率ALHCLITE
| Q1 26 | — | — | ||
| Q4 25 | — | 36.1% | ||
| Q3 25 | — | 34.0% | ||
| Q2 25 | — | 33.3% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 24.8% | ||
| Q3 24 | — | 23.1% | ||
| Q2 24 | — | 16.6% |
营业利润率ALHCLITE
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | 9.7% | ||
| Q3 25 | 0.8% | 1.3% | ||
| Q2 25 | 2.2% | -1.7% | ||
| Q1 25 | -0.6% | -8.9% | ||
| Q4 24 | -3.2% | -12.8% | ||
| Q3 24 | -2.8% | -24.5% | ||
| Q2 24 | -2.7% | -43.3% |
净利率ALHCLITE
| Q1 26 | 0.9% | — | ||
| Q4 25 | -1.1% | 11.8% | ||
| Q3 25 | 0.4% | 0.8% | ||
| Q2 25 | 1.5% | 44.4% | ||
| Q1 25 | -1.0% | -10.4% | ||
| Q4 24 | -4.4% | -15.1% | ||
| Q3 24 | -3.8% | -24.5% | ||
| Q2 24 | -3.5% | -81.9% |
每股收益（稀释后）ALHCLITE
| Q1 26 | — | — | ||
| Q4 25 | $-0.04 | $0.89 | ||
| Q3 25 | $0.02 | $0.05 | ||
| Q2 25 | $0.07 | $3.10 | ||
| Q1 25 | $-0.05 | $-0.64 | ||
| Q4 24 | $-0.15 | $-0.88 | ||
| Q3 24 | $-0.14 | $-1.21 | ||
| Q2 24 | $-0.13 | $-3.75 |
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 | $705.6M | $1.2B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $206.9M | $846.6M |
| 总资产 | $1.3B | $4.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ALHCLITE
| Q1 26 | $705.6M | — | ||
| Q4 25 | $604.2M | $1.2B | ||
| Q3 25 | $644.1M | $1.1B | ||
| Q2 25 | $503.8M | $877.1M | ||
| Q1 25 | $479.5M | $866.7M | ||
| Q4 24 | $470.6M | $896.7M | ||
| Q3 24 | $381.0M | $916.1M | ||
| Q2 24 | $363.7M | $887.0M |
总债务ALHCLITE
| Q1 26 | — | — | ||
| Q4 25 | $323.2M | — | ||
| Q3 25 | $322.7M | — | ||
| Q2 25 | $322.3M | — | ||
| Q1 25 | $321.9M | — | ||
| Q4 24 | $321.4M | — | ||
| Q3 24 | $212.0M | — | ||
| Q2 24 | $211.7M | — |
股东权益ALHCLITE
| Q1 26 | $206.9M | — | ||
| Q4 25 | $179.3M | $846.6M | ||
| Q3 25 | $161.9M | $780.8M | ||
| Q2 25 | $141.0M | $1.1B | ||
| Q1 25 | $108.1M | $879.5M | ||
| Q4 24 | $99.9M | $872.3M | ||
| Q3 24 | $114.5M | $895.9M | ||
| Q2 24 | $123.7M | $957.3M |
总资产ALHCLITE
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.1B | $4.8B | ||
| Q3 25 | $1.1B | $4.6B | ||
| Q2 25 | $1.0B | $4.2B | ||
| Q1 25 | $895.6M | $4.0B | ||
| Q4 24 | $782.1M | $4.0B | ||
| Q3 24 | $692.3M | $4.0B | ||
| Q2 24 | $716.3M | $3.9B |
负债/权益比ALHCLITE
| Q1 26 | — | — | ||
| Q4 25 | 1.80× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 2.29× | — | ||
| Q1 25 | 2.98× | — | ||
| Q4 24 | 3.22× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.71× | — |
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 | $128.7M | $126.7M |
| 自由现金流经营现金流 - 资本支出 | — | $43.1M |
| 自由现金流率自由现金流/营收 | — | 6.5% |
| 资本支出强度资本支出/营收 | — | 12.6% |
| 现金转化率经营现金流/净利润 | 11.27× | 1.62× |
| 过去12个月自由现金流最近4个季度 | — | $-29.5M |
8季度趋势，按日历期对齐
经营现金流ALHCLITE
| Q1 26 | $128.7M | — | ||
| Q4 25 | $-50.4M | $126.7M | ||
| Q3 25 | $144.6M | $57.9M | ||
| Q2 25 | $29.1M | $64.0M | ||
| Q1 25 | $16.6M | $-1.6M | ||
| Q4 24 | $-8.7M | $24.3M | ||
| Q3 24 | $26.2M | $39.6M | ||
| Q2 24 | $23.5M | $35.5M |
自由现金流ALHCLITE
| Q1 26 | — | — | ||
| Q4 25 | $-55.4M | $43.1M | ||
| Q3 25 | $139.1M | $-18.3M | ||
| Q2 25 | $21.1M | $10.1M | ||
| Q1 25 | $8.4M | $-64.4M | ||
| Q4 24 | $-18.0M | $-15.9M | ||
| Q3 24 | $16.9M | $-34.5M | ||
| Q2 24 | $11.8M | $10.9M |
自由现金流率ALHCLITE
| Q1 26 | — | — | ||
| Q4 25 | -5.5% | 6.5% | ||
| Q3 25 | 14.0% | -3.4% | ||
| Q2 25 | 2.1% | 2.1% | ||
| Q1 25 | 0.9% | -15.1% | ||
| Q4 24 | -2.6% | -4.0% | ||
| Q3 24 | 2.4% | -10.2% | ||
| Q2 24 | 1.7% | 3.5% |
资本支出强度ALHCLITE
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 12.6% | ||
| Q3 25 | 0.6% | 14.3% | ||
| Q2 25 | 0.8% | 11.2% | ||
| Q1 25 | 0.9% | 14.8% | ||
| Q4 24 | 1.3% | 10.0% | ||
| Q3 24 | 1.3% | 22.0% | ||
| Q2 24 | 1.7% | 8.0% |
现金转化率ALHCLITE
| Q1 26 | 11.27× | — | ||
| Q4 25 | — | 1.62× | ||
| Q3 25 | 38.77× | 13.79× | ||
| Q2 25 | 1.86× | 0.30× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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
ALHC
暂无分部数据
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
