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空气化工产品公司（APD）与瑞图生态（RETO）财务数据对比。点击上方公司名可切换其他公司
空气化工产品公司的季度营收约是瑞图生态的2956.6倍（$3.1B vs $1.0M）。空气化工产品公司净利率更高（21.9% vs -131.6%，领先153.5%）。瑞图生态同比增速更快（36.6% vs 5.8%）。瑞图生态自由现金流更多（$-1.7M vs $-350.5M）
空气化工产品公司是全球知名的工业气体供应商，业务覆盖全球各地，主营大气气体、工艺气体、特种气体、相关设备及服务，产品涵盖氧气、氮气、氩气、氢气、氦气、二氧化碳、一氧化碳、合成气等，同时供应空分装置、非低温发生器等气体生产处理设备，服务炼油、化工、气化等多个行业领域。
瑞图生态是一家专业环保解决方案提供商，主营环保建筑材料研发生产、生态修复服务及固体废弃物处理方案，核心产品包含再生建筑骨料、土壤改良制剂等，主要服务中国市场的基建、地产及生态修复领域。
APD vs RETO — 直观对比
营收规模更大
APD
是对方的2956.6倍
$1.0M
营收增速更快
RETO
高出30.7%
5.8%
净利率更高
APD
高出153.5%
-131.6%
自由现金流更多
RETO
多$348.8M
$-350.5M
损益表 — Q1 2026 vs Q2 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $1.0M |
| 净利润 | $678.2M | $-1.4M |
| 毛利率 | 32.1% | 17.7% |
| 营业利润率 | 23.7% | -133.0% |
| 净利率 | 21.9% | -131.6% |
| 营收同比 | 5.8% | 36.6% |
| 净利润同比 | 9.8% | -103.5% |
| 每股收益（稀释后） | $3.04 | — |
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APDRETO
| Q4 25 | $3.1B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $3.0B | $1.0M | ||
| Q1 25 | $2.9B | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.0B | $768.4K | ||
| Q1 24 | $2.9B | — |
净利润APDRETO
| Q4 25 | $678.2M | — | ||
| Q3 25 | $4.9M | — | ||
| Q2 25 | $713.8M | $-1.4M | ||
| Q1 25 | $-1.7B | — | ||
| Q4 24 | $617.4M | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $696.6M | $-678.5K | ||
| Q1 24 | $572.4M | — |
毛利率APDRETO
| Q4 25 | 32.1% | — | ||
| Q3 25 | 32.3% | — | ||
| Q2 25 | 32.5% | 17.7% | ||
| Q1 25 | 29.6% | — | ||
| Q4 24 | 31.2% | — | ||
| Q3 24 | 34.0% | — | ||
| Q2 24 | 32.8% | 43.3% | ||
| Q1 24 | 32.0% | — |
营业利润率APDRETO
| Q4 25 | 23.7% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 26.2% | -133.0% | ||
| Q1 25 | -79.8% | — | ||
| Q4 24 | 22.0% | — | ||
| Q3 24 | 76.1% | — | ||
| Q2 24 | 24.7% | -68.0% | ||
| Q1 24 | 21.7% | — |
净利率APDRETO
| Q4 25 | 21.9% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 23.6% | -131.6% | ||
| Q1 25 | -59.3% | — | ||
| Q4 24 | 21.1% | — | ||
| Q3 24 | 61.2% | — | ||
| Q2 24 | 23.3% | -88.3% | ||
| Q1 24 | 19.5% | — |
每股收益（稀释后）APDRETO
| Q4 25 | $3.04 | — | ||
| Q3 25 | $0.03 | — | ||
| Q2 25 | $3.20 | — | ||
| Q1 25 | $-7.77 | — | ||
| Q4 24 | $2.77 | — | ||
| Q3 24 | $8.75 | — | ||
| Q2 24 | $3.13 | $-0.25 | ||
| Q1 24 | $2.57 | — |
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 | $1.0B | $2.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $15.4B | $30.4M |
| 总资产 | $41.2B | $41.4M |
| 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APDRETO
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $2.3B | $2.5M | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $2.4B | $1.6M | ||
| Q1 24 | $2.6B | — |
股东权益APDRETO
| Q4 25 | $15.4B | — | ||
| Q3 25 | $15.0B | — | ||
| Q2 25 | $15.5B | $30.4M | ||
| Q1 25 | $14.7B | — | ||
| Q4 24 | $16.7B | — | ||
| Q3 24 | $17.0B | — | ||
| Q2 24 | $15.1B | $13.3M | ||
| Q1 24 | $14.9B | — |
总资产APDRETO
| Q4 25 | $41.2B | — | ||
| Q3 25 | $41.1B | — | ||
| Q2 25 | $41.7B | $41.4M | ||
| Q1 25 | $38.9B | — | ||
| Q4 24 | $40.0B | — | ||
| Q3 24 | $39.6B | — | ||
| Q2 24 | $37.0B | $33.7M | ||
| Q1 24 | $35.9B | — |
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 | $900.7M | $-1.6M |
| 自由现金流经营现金流 - 资本支出 | $-350.5M | $-1.7M |
| 自由现金流率自由现金流/营收 | -11.3% | -157.4% |
| 资本支出强度资本支出/营收 | 40.3% | 5.1% |
| 现金转化率经营现金流/净利润 | 1.33× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流APDRETO
| Q4 25 | $900.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $855.8M | $-1.6M | ||
| Q1 25 | $328.1M | — | ||
| Q4 24 | $811.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $1.3B | $-4.8M | ||
| Q1 24 | $801.7M | — |
自由现金流APDRETO
| Q4 25 | $-350.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-640.0M | $-1.7M | ||
| Q1 25 | $-1.6B | — | ||
| Q4 24 | $-1.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-345.2M | — | ||
| Q1 24 | $-867.7M | — |
自由现金流率APDRETO
| Q4 25 | -11.3% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -21.2% | -157.4% | ||
| Q1 25 | -53.6% | — | ||
| Q4 24 | -44.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -11.6% | — | ||
| Q1 24 | -29.6% | — |
资本支出强度APDRETO
| Q4 25 | 40.3% | — | ||
| Q3 25 | 47.9% | — | ||
| Q2 25 | 49.5% | 5.1% | ||
| Q1 25 | 64.9% | — | ||
| Q4 24 | 72.2% | — | ||
| Q3 24 | 65.1% | — | ||
| Q2 24 | 53.8% | — | ||
| Q1 24 | 57.0% | — |
现金转化率APDRETO
| Q4 25 | 1.33× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.20× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.31× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.81× | — | ||
| Q1 24 | 1.40× | — |
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
APD
| Other | $1.6B | 53% |
| Onsite | $783.9M | 25% |
| Merchant | $557.8M | 18% |
| Saleof Equipment | $117.0M | 4% |
RETO
暂无分部数据
