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Andersons, Inc.（ANDE）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
世纪互联的季度营收约是Andersons, Inc.的1.1倍（$362.7M vs $329.5M），Andersons, Inc.净利率更高（20.5% vs -10.7%，领先31.1%），Andersons, Inc.自由现金流更多（$-77.1M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs -1.8%）
安德森公司（The Andersons, Inc.）是1947年成立的美国农业企业，总部位于俄亥俄州莫米。公司起源于1940年代服务粮食行业的安德森货运站，是深耕农业领域的多元化企业，业务覆盖大宗商品贸易、可再生能源以及植物营养板块。
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。
ANDE vs VNET — 直观对比
营收规模更大
VNET
是对方的1.1倍
$329.5M
净利率更高
ANDE
高出31.1%
-10.7%
自由现金流更多
ANDE
多$116.0M
$-193.1M
两年增速更快
VNET
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $329.5M | $362.7M |
| 净利润 | $67.4M | $-38.7M |
| 毛利率 | 70.3% | 20.9% |
| 营业利润率 | 26.6% | 0.5% |
| 净利率 | 20.5% | -10.7% |
| 营收同比 | -2.4% | — |
| 净利润同比 | 49.6% | — |
| 每股收益（稀释后） | — | — |
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ANDEVNET
| Q4 25 | $329.5M | — | ||
| Q3 25 | $295.8M | $362.7M | ||
| Q2 25 | $535.0M | — | ||
| Q1 25 | $370.8M | $309.5M | ||
| Q4 24 | $337.5M | — | ||
| Q3 24 | $231.9M | $302.2M | ||
| Q2 24 | $492.5M | $274.4M | ||
| Q1 24 | $341.4M | $262.9M |
净利润ANDEVNET
| Q4 25 | $67.4M | — | ||
| Q3 25 | $20.1M | $-38.7M | ||
| Q2 25 | $7.9M | — | ||
| Q1 25 | $284.0K | $-2.4M | ||
| Q4 24 | $45.1M | — | ||
| Q3 24 | $27.4M | $-2.1M | ||
| Q2 24 | $36.0M | $-1.1M | ||
| Q1 24 | $5.6M | $-22.0M |
毛利率ANDEVNET
| Q4 25 | 70.3% | — | ||
| Q3 25 | 57.8% | 20.9% | ||
| Q2 25 | 29.6% | — | ||
| Q1 25 | 41.2% | 25.2% | ||
| Q4 24 | 63.1% | — | ||
| Q3 24 | 76.4% | 23.2% | ||
| Q2 24 | 35.6% | 21.3% | ||
| Q1 24 | 37.6% | 21.6% |
营业利润率ANDEVNET
| Q4 25 | 26.6% | — | ||
| Q3 25 | 8.7% | 0.5% | ||
| Q2 25 | 4.6% | — | ||
| Q1 25 | 0.9% | 0.1% | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 26.8% | 24.5% | ||
| Q2 24 | 11.6% | 0.2% | ||
| Q1 24 | 4.1% | 0.2% |
净利率ANDEVNET
| Q4 25 | 20.5% | — | ||
| Q3 25 | 6.8% | -10.7% | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 0.1% | -0.8% | ||
| Q4 24 | 13.4% | — | ||
| Q3 24 | 11.8% | -0.7% | ||
| Q2 24 | 7.3% | -0.4% | ||
| Q1 24 | 1.6% | -8.4% |
每股收益（稀释后）ANDEVNET
| Q4 25 | — | — | ||
| Q3 25 | $0.59 | — | ||
| Q2 25 | $0.23 | — | ||
| Q1 25 | $0.01 | — | ||
| Q4 24 | $1.31 | — | ||
| Q3 24 | $0.80 | — | ||
| Q2 24 | $1.05 | — | ||
| Q1 24 | $0.16 | — |
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 | $98.3M | $492.1M |
| 总债务越低越好 | $560.0M | — |
| 股东权益账面价值 | $1.2B | $890.8M |
| 总资产 | $3.7B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资ANDEVNET
| Q4 25 | $98.3M | — | ||
| Q3 25 | — | $492.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $544.3M | ||
| Q4 24 | $561.8M | — | ||
| Q3 24 | — | $219.5M | ||
| Q2 24 | — | $247.2M | ||
| Q1 24 | — | $246.9M |
总债务ANDEVNET
| Q4 25 | $560.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $608.2M | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ANDEVNET
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $890.8M | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | $927.8M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.3B | $902.9M | ||
| Q2 24 | $1.3B | $900.6M | ||
| Q1 24 | $1.3B | $895.1M |
总资产ANDEVNET
| Q4 25 | $3.7B | — | ||
| Q3 25 | $3.3B | $6.1B | ||
| Q2 25 | $3.4B | — | ||
| Q1 25 | $3.8B | $5.4B | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $3.4B | $4.3B | ||
| Q2 24 | $3.3B | $4.0B | ||
| Q1 24 | $3.3B | $3.9B |
负债/权益比ANDEVNET
| Q4 25 | 0.45× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-6.2M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-77.1M | $-193.1M |
| 自由现金流率自由现金流/营收 | -23.4% | -53.2% |
| 资本支出强度资本支出/营收 | 21.5% | 84.6% |
| 现金转化率经营现金流/净利润 | -0.09× | — |
| 过去12个月自由现金流最近4个季度 | $-56.1M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流ANDEVNET
| Q4 25 | $-6.2M | — | ||
| Q3 25 | $233.9M | $113.8M | ||
| Q2 25 | $299.3M | — | ||
| Q1 25 | $-350.0M | $27.0M | ||
| Q4 24 | $268.8M | — | ||
| Q3 24 | $-2.1M | $108.3M | ||
| Q2 24 | $304.4M | $55.8M | ||
| Q1 24 | $-239.6M | $37.1M |
自由现金流ANDEVNET
| Q4 25 | $-77.1M | — | ||
| Q3 25 | $167.0M | $-193.1M | ||
| Q2 25 | $250.5M | — | ||
| Q1 25 | $-396.6M | $-220.0M | ||
| Q4 24 | $212.9M | — | ||
| Q3 24 | $-40.0M | $-95.0M | ||
| Q2 24 | $275.8M | $-81.6M | ||
| Q1 24 | $-266.4M | $-102.2M |
自由现金流率ANDEVNET
| Q4 25 | -23.4% | — | ||
| Q3 25 | 56.5% | -53.2% | ||
| Q2 25 | 46.8% | — | ||
| Q1 25 | -106.9% | -71.1% | ||
| Q4 24 | 63.1% | — | ||
| Q3 24 | -17.2% | -31.4% | ||
| Q2 24 | 56.0% | -29.8% | ||
| Q1 24 | -78.0% | -38.9% |
资本支出强度ANDEVNET
| Q4 25 | 21.5% | — | ||
| Q3 25 | 22.6% | 84.6% | ||
| Q2 25 | 9.1% | — | ||
| Q1 25 | 12.6% | 79.8% | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 16.3% | 67.3% | ||
| Q2 24 | 5.8% | 50.1% | ||
| Q1 24 | 7.8% | 53.0% |
现金转化率ANDEVNET
| Q4 25 | -0.09× | — | ||
| Q3 25 | 11.61× | — | ||
| Q2 25 | 38.10× | — | ||
| Q1 25 | -1232.46× | — | ||
| Q4 24 | 5.96× | — | ||
| Q3 24 | -0.08× | — | ||
| Q2 24 | 8.46× | — | ||
| Q1 24 | -42.94× | — |
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
ANDE
| Specialty And Primary Nutrients | $137.1M | 42% |
| Premium Ingredients | $66.1M | 20% |
| Segment Reporting Reconciling Item Other | $63.2M | 19% |
| Other | $63.1M | 19% |
VNET
暂无分部数据
