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好事达（ALL）与Cipher Mining Inc.（CIFR）财务数据对比。点击上方公司名可切换其他公司
好事达的季度营收约是Cipher Mining Inc.的290.5倍（$17.3B vs $59.7M），好事达净利率更高（22.1% vs -1229.6%，领先1251.7%），Cipher Mining Inc.同比增速更快（41.4% vs 5.1%），好事达自由现金流更多（$2.9B vs $-695.9M），过去两年Cipher Mining Inc.的营收复合增速更高（11.4% vs 6.6%）
好事达集团是面向美国、加拿大市场的综合性保险服务商，提供财产险、意外险及其他保险产品。旗下设好事达保险、保障服务、健康福利、到期财产责任险四大板块，主营私人乘用车险、房屋保险，亦覆盖摩托车、房车、越野车等特种车险及各类个人保险产品。
Cipher Mining Inc.是总部位于美国的比特币挖矿生态运营企业，当前正全力发展加密货币相关业务，深耕加密行业上游基础设施赛道，依托技术及合规优势构建稳定高效的挖矿服务体系。
ALL vs CIFR — 直观对比
营收规模更大
ALL
是对方的290.5倍
$59.7M
营收增速更快
CIFR
高出36.3%
5.1%
净利率更高
ALL
高出1251.7%
-1229.6%
自由现金流更多
ALL
多$3.6B
$-695.9M
两年增速更快
CIFR
近两年复合增速
6.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $17.3B | $59.7M |
| 净利润 | $3.8B | $-734.2M |
| 毛利率 | — | 59.4% |
| 营业利润率 | — | -503.4% |
| 净利率 | 22.1% | -1229.6% |
| 营收同比 | 5.1% | 41.4% |
| 净利润同比 | 98.8% | -4293.1% |
| 每股收益（稀释后） | $14.24 | $-1.91 |
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ALLCIFR
| Q4 25 | $17.3B | $59.7M | ||
| Q3 25 | $17.3B | $71.7M | ||
| Q2 25 | $16.6B | $43.6M | ||
| Q1 25 | $16.5B | $49.0M | ||
| Q4 24 | $16.5B | $42.2M | ||
| Q3 24 | $16.6B | $24.1M | ||
| Q2 24 | $15.7B | $36.8M | ||
| Q1 24 | $15.3B | $48.1M |
净利润ALLCIFR
| Q4 25 | $3.8B | $-734.2M | ||
| Q3 25 | $3.7B | $-3.3M | ||
| Q2 25 | $2.1B | $-45.8M | ||
| Q1 25 | $595.0M | $-39.0M | ||
| Q4 24 | $1.9B | $17.5M | ||
| Q3 24 | $1.2B | $-86.8M | ||
| Q2 24 | $331.0M | $-15.3M | ||
| Q1 24 | $1.2B | $39.9M |
毛利率ALLCIFR
| Q4 25 | — | 59.4% | ||
| Q3 25 | — | 62.7% | ||
| Q2 25 | — | 64.8% | ||
| Q1 25 | — | 69.6% | ||
| Q4 24 | — | 56.9% | ||
| Q3 24 | — | 37.5% | ||
| Q2 24 | — | 61.2% | ||
| Q1 24 | — | 69.2% |
营业利润率ALLCIFR
| Q4 25 | — | -503.4% | ||
| Q3 25 | — | -52.5% | ||
| Q2 25 | — | -103.9% | ||
| Q1 25 | — | -77.8% | ||
| Q4 24 | — | 40.5% | ||
| Q3 24 | — | -379.2% | ||
| Q2 24 | — | -43.9% | ||
| Q1 24 | — | 97.2% |
净利率ALLCIFR
| Q4 25 | 22.1% | -1229.6% | ||
| Q3 25 | 21.7% | -4.6% | ||
| Q2 25 | 12.7% | -105.1% | ||
| Q1 25 | 3.6% | -79.6% | ||
| Q4 24 | 11.7% | 41.5% | ||
| Q3 24 | 7.2% | -359.9% | ||
| Q2 24 | 2.1% | -41.5% | ||
| Q1 24 | 8.0% | 82.9% |
每股收益（稀释后）ALLCIFR
| Q4 25 | $14.24 | $-1.91 | ||
| Q3 25 | $13.95 | $-0.01 | ||
| Q2 25 | $7.76 | $-0.12 | ||
| Q1 25 | $2.11 | $-0.11 | ||
| Q4 24 | $7.07 | $0.04 | ||
| Q3 24 | $4.33 | $-0.26 | ||
| Q2 24 | $1.13 | $-0.05 | ||
| Q1 24 | $4.46 | $0.13 |
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 | $4.9B | $628.3M |
| 总债务越低越好 | $7.5B | $2.7B |
| 股东权益账面价值 | $30.6B | $805.5M |
| 总资产 | $119.8B | $4.3B |
| 负债/权益比越低杠杆越低 | 0.24× | 3.37× |
8季度趋势，按日历期对齐
现金及短期投资ALLCIFR
| Q4 25 | $4.9B | $628.3M | ||
| Q3 25 | $8.7B | $1.2B | ||
| Q2 25 | $9.6B | $62.7M | ||
| Q1 25 | $6.5B | $23.2M | ||
| Q4 24 | $4.5B | $5.6M | ||
| Q3 24 | $7.0B | $25.3M | ||
| Q2 24 | $5.3B | $122.6M | ||
| Q1 24 | $4.3B | $88.7M |
总债务ALLCIFR
| Q4 25 | $7.5B | $2.7B | ||
| Q3 25 | $8.1B | $1.0B | ||
| Q2 25 | $8.1B | $167.1M | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $8.1B | $0 | ||
| Q3 24 | $8.1B | — | ||
| Q2 24 | $8.1B | — | ||
| Q1 24 | $7.9B | — |
股东权益ALLCIFR
| Q4 25 | $30.6B | $805.5M | ||
| Q3 25 | $27.5B | $783.2M | ||
| Q2 25 | $24.0B | $748.9M | ||
| Q1 25 | $22.1B | $734.8M | ||
| Q4 24 | $21.4B | $682.0M | ||
| Q3 24 | $20.9B | $672.0M | ||
| Q2 24 | $18.6B | $690.8M | ||
| Q1 24 | $18.6B | $600.9M |
总资产ALLCIFR
| Q4 25 | $119.8B | $4.3B | ||
| Q3 25 | $120.4B | $2.8B | ||
| Q2 25 | $115.9B | $1.0B | ||
| Q1 25 | $115.2B | $913.8M | ||
| Q4 24 | $111.6B | $855.4M | ||
| Q3 24 | $113.7B | $775.4M | ||
| Q2 24 | $108.4B | $775.6M | ||
| Q1 24 | $105.2B | $677.1M |
负债/权益比ALLCIFR
| Q4 25 | 0.24× | 3.37× | ||
| Q3 25 | 0.29× | 1.31× | ||
| Q2 25 | 0.34× | 0.22× | ||
| Q1 25 | 0.37× | — | ||
| Q4 24 | 0.38× | 0.00× | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.43× | — | ||
| Q1 24 | 0.43× | — |
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 | $3.0B | $-207.9M |
| 自由现金流经营现金流 - 资本支出 | $2.9B | $-695.9M |
| 自由现金流率自由现金流/营收 | 16.7% | -1165.4% |
| 资本支出强度资本支出/营收 | 0.5% | 817.1% |
| 现金转化率经营现金流/净利润 | 0.78× | — |
| 过去12个月自由现金流最近4个季度 | $9.9B | $-1.1B |
8季度趋势，按日历期对齐
经营现金流ALLCIFR
| Q4 25 | $3.0B | $-207.9M | ||
| Q3 25 | $3.3B | $-50.1M | ||
| Q2 25 | $1.9B | $-56.2M | ||
| Q1 25 | $2.0B | $-47.2M | ||
| Q4 24 | $1.7B | $-87.5M | ||
| Q3 24 | $3.2B | $-6.5M | ||
| Q2 24 | $2.4B | $-25.4M | ||
| Q1 24 | $1.7B | $-26.6M |
自由现金流ALLCIFR
| Q4 25 | $2.9B | $-695.9M | ||
| Q3 25 | $3.2B | $-256.2M | ||
| Q2 25 | $1.9B | $-87.5M | ||
| Q1 25 | $1.9B | $-71.8M | ||
| Q4 24 | $1.7B | $-227.0M | ||
| Q3 24 | $3.1B | $-83.2M | ||
| Q2 24 | $2.3B | $-33.2M | ||
| Q1 24 | $1.6B | $-34.5M |
自由现金流率ALLCIFR
| Q4 25 | 16.7% | -1165.4% | ||
| Q3 25 | 18.8% | -357.3% | ||
| Q2 25 | 11.3% | -200.9% | ||
| Q1 25 | 11.4% | -146.7% | ||
| Q4 24 | 10.0% | -537.6% | ||
| Q3 24 | 18.9% | -345.0% | ||
| Q2 24 | 14.7% | -90.2% | ||
| Q1 24 | 10.6% | -71.7% |
资本支出强度ALLCIFR
| Q4 25 | 0.5% | 817.1% | ||
| Q3 25 | 0.3% | 287.5% | ||
| Q2 25 | 0.0% | 71.8% | ||
| Q1 25 | 0.6% | 50.2% | ||
| Q4 24 | 0.3% | 330.4% | ||
| Q3 24 | 0.4% | 317.8% | ||
| Q2 24 | 0.4% | 21.4% | ||
| Q1 24 | 0.3% | 16.4% |
现金转化率ALLCIFR
| Q4 25 | 0.78× | — | ||
| Q3 25 | 0.88× | — | ||
| Q2 25 | 0.89× | — | ||
| Q1 25 | 3.30× | — | ||
| Q4 24 | 0.88× | -5.00× | ||
| Q3 24 | 2.69× | — | ||
| Q2 24 | 7.13× | — | ||
| Q1 24 | 1.37× | -0.67× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
