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英美资源集团（AMSC）与微宏控股（MVST）财务数据对比。点击上方公司名可切换其他公司
微宏控股的季度营收约是英美资源集团的1.3倍（$96.4M vs $74.5M），英美资源集团净利率更高（158.1% vs 17.2%，领先140.9%），英美资源集团同比增速更快（21.4% vs -15.0%），微宏控股自由现金流更多（$15.8M vs $2.4M），过去两年英美资源集团的营收复合增速更高（33.2% vs 8.9%）
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。
微宏控股是一家电池科技企业，总部位于美国得克萨斯州斯塔福德，在纳斯达克上市。公司主要面向商用电动汽车与并网储能系统，设计、研发并生产电池组件及电池系统，目前在美国、中国、德国均设有生产基地。
AMSC vs MVST — 直观对比
营收规模更大
MVST
是对方的1.3倍
$74.5M
营收增速更快
AMSC
高出36.4%
-15.0%
净利率更高
AMSC
高出140.9%
17.2%
自由现金流更多
MVST
多$13.4M
$2.4M
两年增速更快
AMSC
近两年复合增速
8.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $74.5M | $96.4M |
| 净利润 | $117.8M | $16.5M |
| 毛利率 | 30.7% | 1.0% |
| 营业利润率 | 4.5% | -42.7% |
| 净利率 | 158.1% | 17.2% |
| 营收同比 | 21.4% | -15.0% |
| 净利润同比 | 4679.1% | 120.1% |
| 每股收益（稀释后） | $2.62 | $0.19 |
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AMSCMVST
| Q4 25 | $74.5M | $96.4M | ||
| Q3 25 | $65.9M | $123.3M | ||
| Q2 25 | $72.4M | $91.3M | ||
| Q1 25 | $66.7M | $116.5M | ||
| Q4 24 | $61.4M | $113.4M | ||
| Q3 24 | $54.5M | $101.4M | ||
| Q2 24 | $40.3M | $83.7M | ||
| Q1 24 | $42.0M | $81.4M |
净利润AMSCMVST
| Q4 25 | $117.8M | $16.5M | ||
| Q3 25 | $4.8M | $-1.5M | ||
| Q2 25 | $6.7M | $-106.1M | ||
| Q1 25 | $1.2M | $61.8M | ||
| Q4 24 | $2.5M | $-82.3M | ||
| Q3 24 | $4.9M | $13.2M | ||
| Q2 24 | $-2.5M | $-101.6M | ||
| Q1 24 | $-1.6M | $-24.8M |
毛利率AMSCMVST
| Q4 25 | 30.7% | 1.0% | ||
| Q3 25 | 31.0% | 37.6% | ||
| Q2 25 | 33.8% | 34.7% | ||
| Q1 25 | 26.5% | 36.9% | ||
| Q4 24 | 26.6% | 36.6% | ||
| Q3 24 | 28.7% | 33.2% | ||
| Q2 24 | 30.3% | 32.5% | ||
| Q1 24 | 24.8% | 21.2% |
营业利润率AMSCMVST
| Q4 25 | 4.5% | -42.7% | ||
| Q3 25 | 4.5% | 10.5% | ||
| Q2 25 | 7.8% | 17.8% | ||
| Q1 25 | 2.5% | 16.3% | ||
| Q4 24 | 2.1% | -1.2% | ||
| Q3 24 | -1.4% | 7.1% | ||
| Q2 24 | -8.2% | -118.0% | ||
| Q1 24 | -5.3% | -28.4% |
净利率AMSCMVST
| Q4 25 | 158.1% | 17.2% | ||
| Q3 25 | 7.2% | -1.2% | ||
| Q2 25 | 9.3% | -116.1% | ||
| Q1 25 | 1.8% | 53.0% | ||
| Q4 24 | 4.0% | -72.6% | ||
| Q3 24 | 9.0% | 13.1% | ||
| Q2 24 | -6.3% | -121.4% | ||
| Q1 24 | -3.8% | -30.5% |
每股收益（稀释后）AMSCMVST
| Q4 25 | $2.62 | $0.19 | ||
| Q3 25 | $0.11 | $0.00 | ||
| Q2 25 | $0.17 | $-0.33 | ||
| Q1 25 | $0.04 | $0.05 | ||
| Q4 24 | $0.06 | $-0.24 | ||
| Q3 24 | $0.13 | $0.03 | ||
| Q2 24 | $-0.07 | $-0.32 | ||
| Q1 24 | $-0.03 | $-0.08 |
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 | $105.0M |
| 总债务越低越好 | — | $13.2M |
| 股东权益账面价值 | $536.8M | $410.5M |
| 总资产 | $719.5M | $1.0B |
| 负债/权益比越低杠杆越低 | — | 0.03× |
8季度趋势，按日历期对齐
现金及短期投资AMSCMVST
| Q4 25 | $141.1M | $105.0M | ||
| Q3 25 | $212.9M | $90.7M | ||
| Q2 25 | $207.9M | $99.7M | ||
| Q1 25 | $79.5M | $90.9M | ||
| Q4 24 | $75.2M | $73.0M | ||
| Q3 24 | $72.1M | $63.6M | ||
| Q2 24 | $93.5M | $68.2M | ||
| Q1 24 | $90.5M | $39.5M |
总债务AMSCMVST
| Q4 25 | — | $13.2M | ||
| Q3 25 | — | $34.4M | ||
| Q2 25 | — | $34.2M | ||
| Q1 25 | — | $41.3M | ||
| Q4 24 | — | $41.1M | ||
| Q3 24 | — | $53.4M | ||
| Q2 24 | — | $34.2M | ||
| Q1 24 | — | $43.0M |
股东权益AMSCMVST
| Q4 25 | $536.8M | $410.5M | ||
| Q3 25 | $342.2M | $358.1M | ||
| Q2 25 | $333.1M | $356.1M | ||
| Q1 25 | $197.1M | $454.2M | ||
| Q4 24 | $192.7M | $387.9M | ||
| Q3 24 | $187.0M | $486.1M | ||
| Q2 24 | $143.3M | $455.0M | ||
| Q1 24 | $144.6M | $546.1M |
总资产AMSCMVST
| Q4 25 | $719.5M | $1.0B | ||
| Q3 25 | $445.6M | $1.0B | ||
| Q2 25 | $452.8M | $1.0B | ||
| Q1 25 | $310.5M | $982.9M | ||
| Q4 24 | $310.3M | $951.9M | ||
| Q3 24 | $298.4M | $997.9M | ||
| Q2 24 | $240.1M | $961.4M | ||
| Q1 24 | $232.8M | $1.0B |
负债/权益比AMSCMVST
| Q4 25 | — | 0.03× | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | 0.10× | ||
| Q1 25 | — | 0.09× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.11× | ||
| Q2 24 | — | 0.08× | ||
| Q1 24 | — | 0.08× |
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 | $16.4M |
| 自由现金流经营现金流 - 资本支出 | $2.4M | $15.8M |
| 自由现金流率自由现金流/营收 | 3.2% | 16.4% |
| 资本支出强度资本支出/营收 | 1.2% | 0.7% |
| 现金转化率经营现金流/净利润 | 0.03× | 0.99× |
| 过去12个月自由现金流最近4个季度 | $16.0M | $56.1M |
8季度趋势，按日历期对齐
经营现金流AMSCMVST
| Q4 25 | $3.2M | $16.4M | ||
| Q3 25 | $6.5M | $15.2M | ||
| Q2 25 | $4.1M | $37.2M | ||
| Q1 25 | $6.3M | $7.2M | ||
| Q4 24 | $5.9M | $6.1M | ||
| Q3 24 | $12.7M | $-5.4M | ||
| Q2 24 | $3.4M | $111.0K | ||
| Q1 24 | $2.2M | $2.0M |
自由现金流AMSCMVST
| Q4 25 | $2.4M | $15.8M | ||
| Q3 25 | $5.1M | $1.2M | ||
| Q2 25 | $3.3M | $34.3M | ||
| Q1 25 | $5.3M | $4.8M | ||
| Q4 24 | $5.3M | $5.7M | ||
| Q3 24 | $12.1M | $-19.6M | ||
| Q2 24 | $3.1M | $-2.8M | ||
| Q1 24 | $1.9M | $-8.2M |
自由现金流率AMSCMVST
| Q4 25 | 3.2% | 16.4% | ||
| Q3 25 | 7.7% | 1.0% | ||
| Q2 25 | 4.6% | 37.5% | ||
| Q1 25 | 7.9% | 4.1% | ||
| Q4 24 | 8.7% | 5.1% | ||
| Q3 24 | 22.3% | -19.3% | ||
| Q2 24 | 7.8% | -3.4% | ||
| Q1 24 | 4.6% | -10.1% |
资本支出强度AMSCMVST
| Q4 25 | 1.2% | 0.7% | ||
| Q3 25 | 2.1% | 11.3% | ||
| Q2 25 | 1.1% | 3.1% | ||
| Q1 25 | 1.6% | 2.0% | ||
| Q4 24 | 0.9% | 0.3% | ||
| Q3 24 | 1.1% | 14.0% | ||
| Q2 24 | 0.7% | 3.5% | ||
| Q1 24 | 0.7% | 12.6% |
现金转化率AMSCMVST
| Q4 25 | 0.03× | 0.99× | ||
| Q3 25 | 1.37× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 5.22× | 0.12× | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 2.60× | -0.41× | ||
| 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% |
MVST
| Europe | $35.1M | 36% |
| CN | $32.5M | 34% |
| US | $21.5M | 22% |
| Other | $7.2M | 8% |
