vs
Apellis Pharmaceuticals, Inc.（APLS）与J&J SNACK FOODS CORP（JJSF）财务数据对比。点击上方公司名可切换其他公司
J&J SNACK FOODS CORP的季度营收约是Apellis Pharmaceuticals, Inc.的1.7倍（$343.8M vs $199.9M），J&J SNACK FOODS CORP净利率更高（0.3% vs -29.5%，领先29.7%），J&J SNACK FOODS CORP同比增速更快（-5.2% vs -5.9%），J&J SNACK FOODS CORP自由现金流更多（$17.0M vs $-14.3M），过去两年Apellis Pharmaceuticals, Inc.的营收复合增速更高（7.7% vs -2.2%）
Apellis Pharmaceuticals是一家临床阶段生物制药企业，专注于开发调节补体系统的靶向疗法，适应症覆盖年龄相关性黄斑变性继发地图样萎缩等眼科疾病、罕见血液病及自身免疫性疾病，核心市场为美国及欧盟地区。
强生休闲食品公司（J&J Snack Foods Corp.）是美国知名的品牌休闲食品与冷冻饮品生产商、营销商及分销商，总部位于新泽西州芒特劳雷尔，在全美44个州、墨西哥及加拿大设有超175个生产、仓储及配送设施，于纳斯达克全球精选市场上市，业务覆盖国内外市场。
APLS vs JJSF — 直观对比
营收规模更大
JJSF
是对方的1.7倍
$199.9M
营收增速更快
JJSF
高出0.7%
-5.9%
净利率更高
JJSF
高出29.7%
-29.5%
自由现金流更多
JJSF
多$31.2M
$-14.3M
两年增速更快
APLS
近两年复合增速
-2.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $199.9M | $343.8M |
| 净利润 | $-59.0M | $883.0K |
| 毛利率 | — | 27.9% |
| 营业利润率 | -25.6% | 0.2% |
| 净利率 | -29.5% | 0.3% |
| 营收同比 | -5.9% | -5.2% |
| 净利润同比 | -62.2% | -82.8% |
| 每股收益（稀释后） | $-0.40 | $0.05 |
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APLSJJSF
| Q4 25 | $199.9M | $343.8M | ||
| Q3 25 | $458.6M | $410.2M | ||
| Q2 25 | $178.5M | $454.3M | ||
| Q1 25 | $166.8M | $356.1M | ||
| Q4 24 | $212.5M | $362.6M | ||
| Q3 24 | $196.8M | $426.8M | ||
| Q2 24 | $199.7M | $440.0M | ||
| Q1 24 | $172.3M | $359.7M |
净利润APLSJJSF
| Q4 25 | $-59.0M | $883.0K | ||
| Q3 25 | $215.7M | $11.4M | ||
| Q2 25 | $-42.2M | $44.2M | ||
| Q1 25 | $-92.2M | $4.8M | ||
| Q4 24 | $-36.4M | $5.1M | ||
| Q3 24 | $-57.4M | $29.6M | ||
| Q2 24 | $-37.7M | $36.3M | ||
| Q1 24 | $-66.4M | $13.3M |
毛利率APLSJJSF
| Q4 25 | — | 27.9% | ||
| Q3 25 | — | 31.7% | ||
| Q2 25 | — | 33.0% | ||
| Q1 25 | — | 26.9% | ||
| Q4 24 | — | 25.9% | ||
| Q3 24 | — | 31.8% | ||
| Q2 24 | — | 33.6% | ||
| Q1 24 | — | 30.1% |
营业利润率APLSJJSF
| Q4 25 | -25.6% | 0.2% | ||
| Q3 25 | 48.7% | 2.8% | ||
| Q2 25 | -18.6% | 13.3% | ||
| Q1 25 | -50.0% | 1.7% | ||
| Q4 24 | -12.3% | 1.7% | ||
| Q3 24 | -24.0% | 9.3% | ||
| Q2 24 | -14.7% | 11.4% | ||
| Q1 24 | -36.0% | 5.0% |
净利率APLSJJSF
| Q4 25 | -29.5% | 0.3% | ||
| Q3 25 | 47.0% | 2.8% | ||
| Q2 25 | -23.6% | 9.7% | ||
| Q1 25 | -55.3% | 1.4% | ||
| Q4 24 | -17.1% | 1.4% | ||
| Q3 24 | -29.2% | 6.9% | ||
| Q2 24 | -18.9% | 8.3% | ||
| Q1 24 | -38.5% | 3.7% |
每股收益（稀释后）APLSJJSF
| Q4 25 | $-0.40 | $0.05 | ||
| Q3 25 | $1.67 | $0.59 | ||
| Q2 25 | $-0.33 | $2.26 | ||
| Q1 25 | $-0.74 | $0.25 | ||
| Q4 24 | $-0.30 | $0.26 | ||
| Q3 24 | $-0.46 | $1.52 | ||
| Q2 24 | $-0.30 | $1.87 | ||
| Q1 24 | $-0.54 | $0.69 |
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 | $466.2M | $66.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $370.1M | $912.9M |
| 总资产 | $1.1B | $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APLSJJSF
| Q4 25 | $466.2M | $66.8M | ||
| Q3 25 | $479.2M | $105.9M | ||
| Q2 25 | $370.0M | $77.4M | ||
| Q1 25 | $358.4M | $48.5M | ||
| Q4 24 | $411.3M | $73.6M | ||
| Q3 24 | $396.9M | $73.4M | ||
| Q2 24 | $360.1M | $64.0M | ||
| Q1 24 | $325.9M | $43.6M |
总债务APLSJJSF
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $93.1M | — |
股东权益APLSJJSF
| Q4 25 | $370.1M | $912.9M | ||
| Q3 25 | $401.2M | $966.7M | ||
| Q2 25 | $156.3M | $969.9M | ||
| Q1 25 | $164.2M | $935.0M | ||
| Q4 24 | $228.5M | $946.8M | ||
| Q3 24 | $237.1M | $957.0M | ||
| Q2 24 | $264.3M | $937.9M | ||
| Q1 24 | $266.7M | $915.7M |
总资产APLSJJSF
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $821.4M | $1.4B | ||
| Q1 25 | $807.3M | $1.4B | ||
| Q4 24 | $885.1M | $1.3B | ||
| Q3 24 | $901.9M | $1.4B | ||
| Q2 24 | $904.5M | $1.4B | ||
| Q1 24 | $831.9M | $1.3B |
负债/权益比APLSJJSF
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.35× | — |
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 | $-14.2M | $36.0M |
| 自由现金流经营现金流 - 资本支出 | $-14.3M | $17.0M |
| 自由现金流率自由现金流/营收 | -7.1% | 4.9% |
| 资本支出强度资本支出/营收 | 0.1% | 5.5% |
| 现金转化率经营现金流/净利润 | — | 40.73× |
| 过去12个月自由现金流最近4个季度 | $45.0M | $83.1M |
8季度趋势，按日历期对齐
经营现金流APLSJJSF
| Q4 25 | $-14.2M | $36.0M | ||
| Q3 25 | $108.5M | $66.4M | ||
| Q2 25 | $4.4M | $51.2M | ||
| Q1 25 | $-53.4M | $12.3M | ||
| Q4 24 | $19.4M | $35.2M | ||
| Q3 24 | $34.1M | $46.3M | ||
| Q2 24 | $-8.3M | $65.0M | ||
| Q1 24 | $-133.0M | $12.7M |
自由现金流APLSJJSF
| Q4 25 | $-14.3M | $17.0M | ||
| Q3 25 | $108.3M | $44.8M | ||
| Q2 25 | $4.4M | $28.5M | ||
| Q1 25 | $-53.4M | $-7.2M | ||
| Q4 24 | $19.3M | $16.1M | ||
| Q3 24 | — | $29.1M | ||
| Q2 24 | $-8.4M | $45.3M | ||
| Q1 24 | $-133.3M | $-4.0M |
自由现金流率APLSJJSF
| Q4 25 | -7.1% | 4.9% | ||
| Q3 25 | 23.6% | 10.9% | ||
| Q2 25 | 2.5% | 6.3% | ||
| Q1 25 | -32.0% | -2.0% | ||
| Q4 24 | 9.1% | 4.4% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | -4.2% | 10.3% | ||
| Q1 24 | -77.3% | -1.1% |
资本支出强度APLSJJSF
| Q4 25 | 0.1% | 5.5% | ||
| Q3 25 | 0.0% | 5.3% | ||
| Q2 25 | 0.0% | 5.0% | ||
| Q1 25 | 0.0% | 5.5% | ||
| Q4 24 | 0.0% | 5.3% | ||
| Q3 24 | 0.0% | 4.0% | ||
| Q2 24 | 0.0% | 4.5% | ||
| Q1 24 | 0.2% | 4.6% |
现金转化率APLSJJSF
| Q4 25 | — | 40.73× | ||
| Q3 25 | 0.50× | 5.84× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | — | 2.55× | ||
| Q4 24 | — | 6.84× | ||
| Q3 24 | — | 1.56× | ||
| Q2 24 | — | 1.79× | ||
| Q1 24 | — | 0.96× |
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
APLS
| Syfovre | $155.2M | 78% |
| Empaveli Pegcetacoplan | $35.1M | 18% |
| Licensing And Other Revenue | $9.6M | 5% |
JJSF
| Food Service | $219.2M | 64% |
| Frozen Beverages | $78.7M | 23% |
| Repair And Maintenance Service | $22.5M | 7% |
| Other | $12.7M | 4% |
| Machine Sales | $10.7M | 3% |
