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英美资源集团（AMSC）与FTAI Infrastructure Inc.（FIP）财务数据对比。点击上方公司名可切换其他公司
FTAI Infrastructure Inc.的季度营收约是英美资源集团的1.9倍（$143.5M vs $74.5M），英美资源集团净利率更高（158.1% vs -68.1%，领先226.2%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 21.4%），英美资源集团自由现金流更多（$2.4M vs $-68.6M），过去两年英美资源集团的营收复合增速更高（33.2% vs 31.9%）
英美资源集团是一家总部位于英国伦敦的跨国矿业企业，是全球最大的铂金生产商，产量约占全球总产出的40%，同时也是钻石、铜、镍、铁矿石、多卤石、炼焦煤的主要供应商，业务布局覆盖非洲、亚洲、大洋洲、欧洲、南北美洲多个地区。
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
AMSC vs FIP — 直观对比
营收规模更大
FIP
是对方的1.9倍
$74.5M
营收增速更快
FIP
高出56.3%
21.4%
净利率更高
AMSC
高出226.2%
-68.1%
自由现金流更多
AMSC
多$71.0M
$-68.6M
两年增速更快
AMSC
近两年复合增速
31.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $74.5M | $143.5M |
| 净利润 | $117.8M | $-97.7M |
| 毛利率 | 30.7% | — |
| 营业利润率 | 4.5% | -45.7% |
| 净利率 | 158.1% | -68.1% |
| 营收同比 | 21.4% | 77.7% |
| 净利润同比 | 4679.1% | 21.6% |
| 每股收益（稀释后） | $2.62 | $-1.04 |
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AMSCFIP
| Q4 25 | $74.5M | $143.5M | ||
| Q3 25 | $65.9M | $140.6M | ||
| Q2 25 | $72.4M | $122.3M | ||
| Q1 25 | $66.7M | $96.2M | ||
| Q4 24 | $61.4M | $80.8M | ||
| Q3 24 | $54.5M | $83.3M | ||
| Q2 24 | $40.3M | $84.9M | ||
| Q1 24 | $42.0M | $82.5M |
净利润AMSCFIP
| Q4 25 | $117.8M | $-97.7M | ||
| Q3 25 | $4.8M | $-104.5M | ||
| Q2 25 | $6.7M | $-70.0M | ||
| Q1 25 | $1.2M | $120.2M | ||
| Q4 24 | $2.5M | $-124.7M | ||
| Q3 24 | $4.9M | $-43.0M | ||
| Q2 24 | $-2.5M | $-48.1M | ||
| Q1 24 | $-1.6M | $-50.3M |
毛利率AMSCFIP
| Q4 25 | 30.7% | — | ||
| Q3 25 | 31.0% | — | ||
| Q2 25 | 33.8% | — | ||
| Q1 25 | 26.5% | — | ||
| Q4 24 | 26.6% | — | ||
| Q3 24 | 28.7% | — | ||
| Q2 24 | 30.3% | — | ||
| Q1 24 | 24.8% | — |
营业利润率AMSCFIP
| Q4 25 | 4.5% | -45.7% | ||
| Q3 25 | 4.5% | -70.8% | ||
| Q2 25 | 7.8% | -56.4% | ||
| Q1 25 | 2.5% | 81.8% | ||
| Q4 24 | 2.1% | -152.7% | ||
| Q3 24 | -1.4% | -51.7% | ||
| Q2 24 | -8.2% | -56.4% | ||
| Q1 24 | -5.3% | -58.8% |
净利率AMSCFIP
| Q4 25 | 158.1% | -68.1% | ||
| Q3 25 | 7.2% | -74.4% | ||
| Q2 25 | 9.3% | -57.2% | ||
| Q1 25 | 1.8% | 125.0% | ||
| Q4 24 | 4.0% | -154.4% | ||
| Q3 24 | 9.0% | -51.6% | ||
| Q2 24 | -6.3% | -56.7% | ||
| Q1 24 | -3.8% | -60.9% |
每股收益（稀释后）AMSCFIP
| Q4 25 | $2.62 | $-1.04 | ||
| Q3 25 | $0.11 | $-1.38 | ||
| Q2 25 | $0.17 | $-0.73 | ||
| Q1 25 | $0.04 | $0.89 | ||
| Q4 24 | $0.06 | $-1.21 | ||
| Q3 24 | $0.13 | $-0.45 | ||
| Q2 24 | $-0.07 | $-0.52 | ||
| Q1 24 | $-0.03 | $-0.54 |
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 | $141.1M | $57.4M |
| 总债务越低越好 | — | $3.8B |
| 股东权益账面价值 | $536.8M | $21.3M |
| 总资产 | $719.5M | $5.7B |
| 负债/权益比越低杠杆越低 | — | 176.99× |
8季度趋势，按日历期对齐
现金及短期投资AMSCFIP
| Q4 25 | $141.1M | $57.4M | ||
| Q3 25 | $212.9M | $34.7M | ||
| Q2 25 | $207.9M | $33.6M | ||
| Q1 25 | $79.5M | $26.3M | ||
| Q4 24 | $75.2M | $27.8M | ||
| Q3 24 | $72.1M | $20.3M | ||
| Q2 24 | $93.5M | $33.1M | ||
| Q1 24 | $90.5M | $23.0M |
总债务AMSCFIP
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.3B |
股东权益AMSCFIP
| Q4 25 | $536.8M | $21.3M | ||
| Q3 25 | $342.2M | $181.1M | ||
| Q2 25 | $333.1M | $375.5M | ||
| Q1 25 | $197.1M | $476.2M | ||
| Q4 24 | $192.7M | $202.7M | ||
| Q3 24 | $187.0M | $370.8M | ||
| Q2 24 | $143.3M | $394.8M | ||
| Q1 24 | $144.6M | $402.5M |
总资产AMSCFIP
| Q4 25 | $719.5M | $5.7B | ||
| Q3 25 | $445.6M | $5.5B | ||
| Q2 25 | $452.8M | $4.4B | ||
| Q1 25 | $310.5M | $4.1B | ||
| Q4 24 | $310.3M | $2.4B | ||
| Q3 24 | $298.4M | $2.4B | ||
| Q2 24 | $240.1M | $2.5B | ||
| Q1 24 | $232.8M | $2.3B |
负债/权益比AMSCFIP
| Q4 25 | — | 176.99× | ||
| Q3 25 | — | 20.59× | ||
| Q2 25 | — | 8.21× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | — | 7.84× | ||
| Q3 24 | — | 4.14× | ||
| Q2 24 | — | 3.94× | ||
| Q1 24 | — | 3.34× |
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 | $3.2M | $-2.8M |
| 自由现金流经营现金流 - 资本支出 | $2.4M | $-68.6M |
| 自由现金流率自由现金流/营收 | 3.2% | -47.8% |
| 资本支出强度资本支出/营收 | 1.2% | 45.9% |
| 现金转化率经营现金流/净利润 | 0.03× | — |
| 过去12个月自由现金流最近4个季度 | $16.0M | $-398.5M |
8季度趋势，按日历期对齐
经营现金流AMSCFIP
| Q4 25 | $3.2M | $-2.8M | ||
| Q3 25 | $6.5M | $-24.4M | ||
| Q2 25 | $4.1M | $-5.2M | ||
| Q1 25 | $6.3M | $-85.7M | ||
| Q4 24 | $5.9M | $-8.1M | ||
| Q3 24 | $12.7M | $14.2M | ||
| Q2 24 | $3.4M | $-17.6M | ||
| Q1 24 | $2.2M | $-3.9M |
自由现金流AMSCFIP
| Q4 25 | $2.4M | $-68.6M | ||
| Q3 25 | $5.1M | $-90.7M | ||
| Q2 25 | $3.3M | $-87.5M | ||
| Q1 25 | $5.3M | $-151.7M | ||
| Q4 24 | $5.3M | $-34.3M | ||
| Q3 24 | $12.1M | $-11.7M | ||
| Q2 24 | $3.1M | $-32.1M | ||
| Q1 24 | $1.9M | $-16.7M |
自由现金流率AMSCFIP
| Q4 25 | 3.2% | -47.8% | ||
| Q3 25 | 7.7% | -64.5% | ||
| Q2 25 | 4.6% | -71.6% | ||
| Q1 25 | 7.9% | -157.7% | ||
| Q4 24 | 8.7% | -42.4% | ||
| Q3 24 | 22.3% | -14.0% | ||
| Q2 24 | 7.8% | -37.9% | ||
| Q1 24 | 4.6% | -20.3% |
资本支出强度AMSCFIP
| Q4 25 | 1.2% | 45.9% | ||
| Q3 25 | 2.1% | 47.2% | ||
| Q2 25 | 1.1% | 67.3% | ||
| Q1 25 | 1.6% | 68.6% | ||
| Q4 24 | 0.9% | 32.5% | ||
| Q3 24 | 1.1% | 31.1% | ||
| Q2 24 | 0.7% | 17.2% | ||
| Q1 24 | 0.7% | 15.6% |
现金转化率AMSCFIP
| Q4 25 | 0.03× | — | ||
| Q3 25 | 1.37× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 5.22× | -0.71× | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 2.60× | — | ||
| Q2 24 | — | — | ||
| Q1 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
AMSC
| Equipment And Systems | $56.0M | 75% |
| Megatran | $14.1M | 19% |
| Comtrafo Industria De Transformadores Eletricos SA | $4.6M | 6% |
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
