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AEMETIS, INC（AMTX）与Westlake Chemical Partners LP（WLKP）财务数据对比。点击上方公司名可切换其他公司
Westlake Chemical Partners LP的季度营收约是AEMETIS, INC的7.5倍（$323.0M vs $43.3M）。Westlake Chemical Partners LP同比增速更快（11.4% vs -7.9%）。Westlake Chemical Partners LP自由现金流更多（$111.5M vs $-10.8M）。过去两年Westlake Chemical Partners LP的营收复合增速更高（6.5% vs -22.8%）
Aemetis是一家可再生燃料与可持续生物化学品生产商，业务覆盖北美和印度市场，核心产品包括低碳乙醇、可再生天然气及生物柴油，主要服务交通、工业和农业领域，为商业客户提供脱碳解决方案。
Westlake Chemical Partners LP是一家石化领域有限合伙企业，主营乙烯、聚乙烯、苯乙烯单体等基础石化产品的生产与销售，核心市场覆盖北美地区，服务包装、建材、消费品、工业制造等下游行业客户。
AMTX vs WLKP — 直观对比
营收规模更大
WLKP
是对方的7.5倍
$43.3M
营收增速更快
WLKP
高出19.2%
-7.9%
自由现金流更多
WLKP
多$122.3M
$-10.8M
两年增速更快
WLKP
近两年复合增速
-22.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $43.3M | $323.0M |
| 净利润 | — | $14.5M |
| 毛利率 | 17.8% | 30.0% |
| 营业利润率 | -5.7% | 27.8% |
| 净利率 | — | 4.5% |
| 营收同比 | -7.9% | 11.4% |
| 净利润同比 | — | -3.0% |
| 每股收益（稀释后） | $-0.03 | — |
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AMTXWLKP
| Q4 25 | $43.3M | $323.0M | ||
| Q3 25 | $59.2M | $308.9M | ||
| Q2 25 | $52.2M | $297.1M | ||
| Q1 25 | $42.9M | $237.6M | ||
| Q4 24 | $47.0M | $290.1M | ||
| Q3 24 | $81.4M | $277.0M | ||
| Q2 24 | $66.6M | $284.2M | ||
| Q1 24 | $72.6M | $284.7M |
净利润AMTXWLKP
| Q4 25 | — | $14.5M | ||
| Q3 25 | $-23.7M | $14.7M | ||
| Q2 25 | $-23.4M | $14.6M | ||
| Q1 25 | $-24.5M | $4.9M | ||
| Q4 24 | — | $15.0M | ||
| Q3 24 | $-17.9M | $18.1M | ||
| Q2 24 | $-29.2M | $14.4M | ||
| Q1 24 | $-24.2M | $14.8M |
毛利率AMTXWLKP
| Q4 25 | 17.8% | 30.0% | ||
| Q3 25 | -0.1% | 32.2% | ||
| Q2 25 | -6.4% | 32.8% | ||
| Q1 25 | -11.8% | 22.8% | ||
| Q4 24 | -4.3% | 34.0% | ||
| Q3 24 | 4.8% | 42.2% | ||
| Q2 24 | -2.7% | 35.6% | ||
| Q1 24 | -0.8% | 35.9% |
营业利润率AMTXWLKP
| Q4 25 | -5.7% | 27.8% | ||
| Q3 25 | -14.4% | 29.8% | ||
| Q2 25 | -20.4% | 30.7% | ||
| Q1 25 | -36.3% | 19.6% | ||
| Q4 24 | -28.7% | 31.7% | ||
| Q3 24 | -4.8% | 39.6% | ||
| Q2 24 | -20.4% | 32.9% | ||
| Q1 24 | -13.0% | 33.4% |
净利率AMTXWLKP
| Q4 25 | — | 4.5% | ||
| Q3 25 | -40.1% | 4.7% | ||
| Q2 25 | -44.8% | 4.9% | ||
| Q1 25 | -57.2% | 2.1% | ||
| Q4 24 | — | 5.2% | ||
| Q3 24 | -22.0% | 6.5% | ||
| Q2 24 | -43.8% | 5.1% | ||
| Q1 24 | -33.4% | 5.2% |
每股收益（稀释后）AMTXWLKP
| Q4 25 | $-0.03 | — | ||
| Q3 25 | $-0.37 | — | ||
| Q2 25 | $-0.41 | — | ||
| Q1 25 | $-0.47 | — | ||
| Q4 24 | $-0.29 | — | ||
| Q3 24 | $-0.38 | — | ||
| Q2 24 | $-0.66 | — | ||
| Q1 24 | $-0.58 | — |
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 | $4.9M | $44.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-306.8M | — |
| 总资产 | $259.8M | $1.3B |
| 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AMTXWLKP
| Q4 25 | $4.9M | $44.3M | ||
| Q3 25 | $5.6M | $37.9M | ||
| Q2 25 | $1.6M | $36.6M | ||
| Q1 25 | $499.0K | $49.6M | ||
| Q4 24 | $898.0K | $58.3M | ||
| Q3 24 | $296.0K | $60.2M | ||
| Q2 24 | $234.0K | $66.0M | ||
| Q1 24 | $1.6M | $55.8M |
总债务AMTXWLKP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $338.1M | — | ||
| Q3 24 | $322.2M | — | ||
| Q2 24 | $309.0M | — | ||
| Q1 24 | $307.2M | — |
股东权益AMTXWLKP
| Q4 25 | $-306.8M | — | ||
| Q3 25 | $-304.9M | — | ||
| Q2 25 | $-289.3M | — | ||
| Q1 25 | $-280.7M | — | ||
| Q4 24 | $-263.9M | — | ||
| Q3 24 | $-258.9M | — | ||
| Q2 24 | $-249.0M | — | ||
| Q1 24 | $-232.1M | — |
总资产AMTXWLKP
| Q4 25 | $259.8M | $1.3B | ||
| Q3 25 | $241.1M | $1.3B | ||
| Q2 25 | $240.0M | $1.3B | ||
| Q1 25 | $242.5M | $1.4B | ||
| Q4 24 | $259.3M | $1.3B | ||
| Q3 24 | $259.3M | $1.3B | ||
| Q2 24 | $259.3M | $1.3B | ||
| Q1 24 | $259.3M | $1.3B |
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 | $5.8M | $120.4M |
| 自由现金流经营现金流 - 资本支出 | $-10.8M | $111.5M |
| 自由现金流率自由现金流/营收 | -24.9% | 34.5% |
| 资本支出强度资本支出/营收 | 38.2% | 2.7% |
| 现金转化率经营现金流/净利润 | — | 8.28× |
| 过去12个月自由现金流最近4个季度 | $-22.7M | $201.7M |
8季度趋势，按日历期对齐
经营现金流AMTXWLKP
| Q4 25 | $5.8M | $120.4M | ||
| Q3 25 | $3.1M | $105.2M | ||
| Q2 25 | $-5.7M | $9.1M | ||
| Q1 25 | $160.0K | $45.8M | ||
| Q4 24 | $-12.6M | $132.5M | ||
| Q3 24 | $-5.0M | $126.1M | ||
| Q2 24 | $-5.1M | $121.9M | ||
| Q1 24 | $-10.3M | $104.6M |
自由现金流AMTXWLKP
| Q4 25 | $-10.8M | $111.5M | ||
| Q3 25 | $-1.0M | $75.6M | ||
| Q2 25 | $-9.3M | $-15.3M | ||
| Q1 25 | $-1.7M | $29.8M | ||
| Q4 24 | $-19.4M | $119.0M | ||
| Q3 24 | $-9.5M | $110.5M | ||
| Q2 24 | $-10.5M | $111.7M | ||
| Q1 24 | $-13.9M | $94.8M |
自由现金流率AMTXWLKP
| Q4 25 | -24.9% | 34.5% | ||
| Q3 25 | -1.7% | 24.5% | ||
| Q2 25 | -17.7% | -5.2% | ||
| Q1 25 | -3.9% | 12.6% | ||
| Q4 24 | -41.2% | 41.0% | ||
| Q3 24 | -11.6% | 39.9% | ||
| Q2 24 | -15.8% | 39.3% | ||
| Q1 24 | -19.1% | 33.3% |
资本支出强度AMTXWLKP
| Q4 25 | 38.2% | 2.7% | ||
| Q3 25 | 6.9% | 9.6% | ||
| Q2 25 | 6.7% | 8.2% | ||
| Q1 25 | 4.3% | 6.7% | ||
| Q4 24 | 14.4% | 4.6% | ||
| Q3 24 | 5.5% | 5.6% | ||
| Q2 24 | 8.1% | 3.6% | ||
| Q1 24 | 4.9% | 3.4% |
现金转化率AMTXWLKP
| Q4 25 | — | 8.28× | ||
| Q3 25 | — | 7.18× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 9.25× | ||
| Q4 24 | — | 8.83× | ||
| Q3 24 | — | 6.95× | ||
| Q2 24 | — | 8.45× | ||
| Q1 24 | — | 7.05× |
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
AMTX
| Ethanol Sales | $28.8M | 66% |
| Wet Distillers Grains | $6.8M | 16% |
| California Dairy Renewable Natural Gas | $5.2M | 12% |
| Other | $1.8M | 4% |
WLKP
| Affiliated Entity | $296.9M | 92% |
| Nonrelated Party | $26.2M | 8% |
