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Alpha Metallurgical Resources, Inc.（AMR）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
Alpha Metallurgical Resources, Inc.的季度营收约是世纪互联的1.4倍（$519.1M vs $362.7M），Alpha Metallurgical Resources, Inc.净利率更高（-3.3% vs -10.7%，领先7.3%），Alpha Metallurgical Resources, Inc.自由现金流更多（$-10.0M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs -22.4%）
阿尔法冶金资源（前身为康图拉能源）是行业领先的煤炭供应商，在阿巴拉契亚北部和中部拥有地下及露天煤矿综合体，在宾夕法尼亚州、弗吉尼亚州和西弗吉尼亚州坐拥大型煤田，生产用于炼钢的冶金煤和用于发电的动力煤，供应全球下游客户。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
AMR vs VNET — 直观对比
营收规模更大
AMR
是对方的1.4倍
$362.7M
净利率更高
AMR
高出7.3%
-10.7%
自由现金流更多
AMR
多$183.1M
$-193.1M
两年增速更快
VNET
近两年复合增速
-22.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $519.1M | $362.7M |
| 净利润 | $-17.3M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | -4.1% | 0.5% |
| 净利率 | -3.3% | -10.7% |
| 营收同比 | -15.7% | — |
| 净利润同比 | -711.2% | — |
| 每股收益（稀释后） | $-1.35 | — |
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AMRVNET
| Q4 25 | $519.1M | — | ||
| Q3 25 | $525.2M | $362.7M | ||
| Q2 25 | $548.7M | — | ||
| Q1 25 | $529.7M | $309.5M | ||
| Q4 24 | $615.4M | — | ||
| Q3 24 | $669.8M | $302.2M | ||
| Q2 24 | $800.1M | $274.4M | ||
| Q1 24 | $861.3M | $262.9M |
净利润AMRVNET
| Q4 25 | $-17.3M | — | ||
| Q3 25 | $-5.5M | $-38.7M | ||
| Q2 25 | $-5.0M | — | ||
| Q1 25 | $-33.9M | $-2.4M | ||
| Q4 24 | $-2.1M | — | ||
| Q3 24 | $3.8M | $-2.1M | ||
| Q2 24 | $58.9M | $-1.1M | ||
| Q1 24 | $127.0M | $-22.0M |
毛利率AMRVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% |
营业利润率AMRVNET
| Q4 25 | -4.1% | — | ||
| Q3 25 | -0.5% | 0.5% | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | -7.6% | 0.1% | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 0.8% | 24.5% | ||
| Q2 24 | 8.8% | 0.2% | ||
| Q1 24 | 16.5% | 0.2% |
净利率AMRVNET
| Q4 25 | -3.3% | — | ||
| Q3 25 | -1.1% | -10.7% | ||
| Q2 25 | -0.9% | — | ||
| Q1 25 | -6.4% | -0.8% | ||
| Q4 24 | -0.3% | — | ||
| Q3 24 | 0.6% | -0.7% | ||
| Q2 24 | 7.4% | -0.4% | ||
| Q1 24 | 14.7% | -8.4% |
每股收益（稀释后）AMRVNET
| Q4 25 | $-1.35 | — | ||
| Q3 25 | $-0.42 | — | ||
| Q2 25 | $-0.38 | — | ||
| Q1 25 | $-2.60 | — | ||
| Q4 24 | $-0.09 | — | ||
| Q3 24 | $0.29 | — | ||
| Q2 24 | $4.49 | — | ||
| Q1 24 | $9.59 | — |
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 | $415.6M | $492.1M |
| 总债务越低越好 | $9.8M | — |
| 股东权益账面价值 | $1.5B | $890.8M |
| 总资产 | $2.3B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.01× | — |
8季度趋势，按日历期对齐
现金及短期投资AMRVNET
| Q4 25 | $415.6M | — | ||
| Q3 25 | $457.9M | $492.1M | ||
| Q2 25 | $449.0M | — | ||
| Q1 25 | $448.0M | $544.3M | ||
| Q4 24 | $481.6M | — | ||
| Q3 24 | $484.6M | $219.5M | ||
| Q2 24 | $336.1M | $247.2M | ||
| Q1 24 | $269.4M | $246.9M |
总债务AMRVNET
| Q4 25 | $9.8M | — | ||
| Q3 25 | $2.9M | — | ||
| Q2 25 | $3.1M | — | ||
| Q1 25 | $2.4M | — | ||
| Q4 24 | $2.9M | — | ||
| Q3 24 | $3.6M | $1.2B | ||
| Q2 24 | $5.3M | — | ||
| Q1 24 | $6.0M | — |
股东权益AMRVNET
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.6B | $890.8M | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | $927.8M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.7B | $902.9M | ||
| Q2 24 | $1.6B | $900.6M | ||
| Q1 24 | $1.6B | $895.1M |
总资产AMRVNET
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.3B | $6.1B | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.4B | $5.4B | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.5B | $4.3B | ||
| Q2 24 | $2.5B | $4.0B | ||
| Q1 24 | $2.5B | $3.9B |
负债/权益比AMRVNET
| Q4 25 | 0.01× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | 1.28× | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 0.00× | — |
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 | $19.0M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-10.0M | $-193.1M |
| 自由现金流率自由现金流/营收 | -1.9% | -53.2% |
| 资本支出强度资本支出/营收 | 5.6% | 84.6% |
| 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 | $17.8M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流AMRVNET
| Q4 25 | $19.0M | — | ||
| Q3 25 | $50.5M | $113.8M | ||
| Q2 25 | $53.2M | — | ||
| Q1 25 | $22.2M | $27.0M | ||
| Q4 24 | $56.3M | — | ||
| Q3 24 | $189.5M | $108.3M | ||
| Q2 24 | $138.1M | $55.8M | ||
| Q1 24 | $196.1M | $37.1M |
自由现金流AMRVNET
| Q4 25 | $-10.0M | — | ||
| Q3 25 | $25.4M | $-193.1M | ||
| Q2 25 | $18.6M | — | ||
| Q1 25 | $-16.3M | $-220.0M | ||
| Q4 24 | $13.6M | — | ||
| Q3 24 | $158.0M | $-95.0M | ||
| Q2 24 | $77.0M | $-81.6M | ||
| Q1 24 | $132.5M | $-102.2M |
自由现金流率AMRVNET
| Q4 25 | -1.9% | — | ||
| Q3 25 | 4.8% | -53.2% | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | -3.1% | -71.1% | ||
| Q4 24 | 2.2% | — | ||
| Q3 24 | 23.6% | -31.4% | ||
| Q2 24 | 9.6% | -29.8% | ||
| Q1 24 | 15.4% | -38.9% |
资本支出强度AMRVNET
| Q4 25 | 5.6% | — | ||
| Q3 25 | 4.8% | 84.6% | ||
| Q2 25 | 6.3% | — | ||
| Q1 25 | 7.3% | 79.8% | ||
| Q4 24 | 6.9% | — | ||
| Q3 24 | 4.7% | 67.3% | ||
| Q2 24 | 7.6% | 50.1% | ||
| Q1 24 | 7.4% | 53.0% |
现金转化率AMRVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 49.81× | — | ||
| Q2 24 | 2.34× | — | ||
| Q1 24 | 1.54× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
