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ALPHA PRO TECH LTD（APT）与FIRST UNITED CORP（FUNC）财务数据对比。点击上方公司名可切换其他公司
FIRST UNITED CORP的季度营收约是ALPHA PRO TECH LTD的1.7倍（$23.2M vs $13.9M），FIRST UNITED CORP净利率更高（24.9% vs 5.0%，领先19.8%），FIRST UNITED CORP同比增速更快（11.9% vs 0.3%），FIRST UNITED CORP自由现金流更多（$15.4M vs $51.0K），过去两年FIRST UNITED CORP的营收复合增速更高（11.5% vs 1.4%）
Alpha Pro Tech Ltd是一家研发、生产和销售一次性防护服饰、口罩等个人防护用品及耐候屏障等建筑供应产品的企业，核心市场位于北美，主要服务医疗、工业、建筑领域的客户。
联合啤酒控股有限公司（又称UB集团）是喜力集团旗下的印度子公司，总部位于卡纳塔克邦班加罗尔的UB城。公司核心业务涵盖酒类饮品生产及多领域投资，是印度最大的啤酒生产商，主打以翠鸟为品牌的啤酒产品，同时拥有多款其他酒类品牌。
APT vs FUNC — 直观对比
营收规模更大
FUNC
是对方的1.7倍
$13.9M
营收增速更快
FUNC
高出11.5%
0.3%
净利率更高
FUNC
高出19.8%
5.0%
自由现金流更多
FUNC
多$15.4M
$51.0K
两年增速更快
FUNC
近两年复合增速
1.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $13.9M | $23.2M |
| 净利润 | $698.0K | $5.8M |
| 毛利率 | 37.1% | — |
| 营业利润率 | 6.9% | 32.9% |
| 净利率 | 5.0% | 24.9% |
| 营收同比 | 0.3% | 11.9% |
| 净利润同比 | -17.6% | -6.6% |
| 每股收益（稀释后） | $0.06 | $0.89 |
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APTFUNC
| Q4 25 | $13.9M | $23.2M | ||
| Q3 25 | $14.8M | $22.7M | ||
| Q2 25 | $16.7M | $21.8M | ||
| Q1 25 | $13.8M | $20.9M | ||
| Q4 24 | $13.8M | $20.8M | ||
| Q3 24 | $14.3M | $20.3M | ||
| Q2 24 | $16.3M | $20.1M | ||
| Q1 24 | $13.5M | $18.7M |
净利润APTFUNC
| Q4 25 | $698.0K | $5.8M | ||
| Q3 25 | $976.0K | $6.9M | ||
| Q2 25 | $1.2M | $6.0M | ||
| Q1 25 | $613.0K | $5.8M | ||
| Q4 24 | $847.0K | $6.2M | ||
| Q3 24 | $862.0K | $5.8M | ||
| Q2 24 | $1.6M | $4.9M | ||
| Q1 24 | $576.0K | $3.7M |
毛利率APTFUNC
| Q4 25 | 37.1% | — | ||
| Q3 25 | 39.7% | — | ||
| Q2 25 | 36.8% | — | ||
| Q1 25 | 39.0% | — | ||
| Q4 24 | 37.6% | — | ||
| Q3 24 | 38.5% | — | ||
| Q2 24 | 42.0% | — | ||
| Q1 24 | 40.2% | — |
营业利润率APTFUNC
| Q4 25 | 6.9% | 32.9% | ||
| Q3 25 | 7.4% | 40.6% | ||
| Q2 25 | 8.0% | 36.5% | ||
| Q1 25 | 3.3% | 36.8% | ||
| Q4 24 | 4.9% | 39.2% | ||
| Q3 24 | 5.2% | 38.0% | ||
| Q2 24 | 10.5% | 32.5% | ||
| Q1 24 | 2.4% | 26.0% |
净利率APTFUNC
| Q4 25 | 5.0% | 24.9% | ||
| Q3 25 | 6.6% | 30.6% | ||
| Q2 25 | 7.5% | 27.5% | ||
| Q1 25 | 4.4% | 27.7% | ||
| Q4 24 | 6.1% | 29.8% | ||
| Q3 24 | 6.0% | 28.5% | ||
| Q2 24 | 10.1% | 24.5% | ||
| Q1 24 | 4.3% | 19.8% |
每股收益（稀释后）APTFUNC
| Q4 25 | $0.06 | $0.89 | ||
| Q3 25 | $0.09 | $1.07 | ||
| Q2 25 | $0.12 | $0.92 | ||
| Q1 25 | $0.06 | $0.89 | ||
| Q4 24 | $0.07 | $0.95 | ||
| Q3 24 | $0.08 | $0.89 | ||
| Q2 24 | $0.15 | $0.75 | ||
| Q1 24 | $0.05 | $0.56 |
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 | $17.0M | $131.6M |
| 总债务越低越好 | — | $95.9M |
| 股东权益账面价值 | $62.5M | $203.6M |
| 总资产 | $74.1M | $2.1B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资APTFUNC
| Q4 25 | $17.0M | $131.6M | ||
| Q3 25 | $17.7M | $95.2M | ||
| Q2 25 | $14.5M | $79.1M | ||
| Q1 25 | $13.4M | $84.4M | ||
| Q4 24 | $18.6M | $78.3M | ||
| Q3 24 | $18.4M | $62.4M | ||
| Q2 24 | $16.2M | $45.1M | ||
| Q1 24 | $18.5M | $86.9M |
总债务APTFUNC
| Q4 25 | — | $95.9M | ||
| Q3 25 | — | $95.9M | ||
| Q2 25 | — | $120.9M | ||
| Q1 25 | — | $120.9M | ||
| Q4 24 | — | $120.9M | ||
| Q3 24 | — | $120.9M | ||
| Q2 24 | — | $70.9M | ||
| Q1 24 | — | $70.9M |
股东权益APTFUNC
| Q4 25 | $62.5M | $203.6M | ||
| Q3 25 | $62.5M | $199.1M | ||
| Q2 25 | $62.2M | $191.1M | ||
| Q1 25 | $61.7M | $183.7M | ||
| Q4 24 | $62.2M | $179.3M | ||
| Q3 24 | $62.1M | $174.0M | ||
| Q2 24 | $62.0M | $164.2M | ||
| Q1 24 | $61.6M | $165.5M |
总资产APTFUNC
| Q4 25 | $74.1M | $2.1B | ||
| Q3 25 | $73.9M | $2.0B | ||
| Q2 25 | $73.2M | $2.0B | ||
| Q1 25 | $72.2M | $2.0B | ||
| Q4 24 | $73.7M | $2.0B | ||
| Q3 24 | $73.3M | $1.9B | ||
| Q2 24 | $72.7M | $1.9B | ||
| Q1 24 | $72.7M | $1.9B |
负债/权益比APTFUNC
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.43× | ||
| Q1 24 | — | 0.43× |
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 | $318.0K | $19.4M |
| 自由现金流经营现金流 - 资本支出 | $51.0K | $15.4M |
| 自由现金流率自由现金流/营收 | 0.4% | 66.3% |
| 资本支出强度资本支出/营收 | 1.9% | 17.1% |
| 现金转化率经营现金流/净利润 | 0.46× | 3.35× |
| 过去12个月自由现金流最近4个季度 | $1.7M | $22.7M |
8季度趋势，按日历期对齐
经营现金流APTFUNC
| Q4 25 | $318.0K | $19.4M | ||
| Q3 25 | $3.9M | $1.5M | ||
| Q2 25 | $2.1M | $995.0K | ||
| Q1 25 | $-4.0M | $7.0M | ||
| Q4 24 | $2.4M | $22.3M | ||
| Q3 24 | $5.3M | $2.3M | ||
| Q2 24 | $-873.0K | $7.2M | ||
| Q1 24 | $-1.2M | $3.6M |
自由现金流APTFUNC
| Q4 25 | $51.0K | $15.4M | ||
| Q3 25 | $3.8M | $168.0K | ||
| Q2 25 | $1.9M | $706.0K | ||
| Q1 25 | $-4.1M | $6.4M | ||
| Q4 24 | $970.0K | $20.4M | ||
| Q3 24 | $3.2M | $588.0K | ||
| Q2 24 | $-1.0M | $7.0M | ||
| Q1 24 | $-1.3M | $3.5M |
自由现金流率APTFUNC
| Q4 25 | 0.4% | 66.3% | ||
| Q3 25 | 25.9% | 0.7% | ||
| Q2 25 | 11.7% | 3.2% | ||
| Q1 25 | -29.6% | 30.5% | ||
| Q4 24 | 7.0% | 98.1% | ||
| Q3 24 | 22.3% | 2.9% | ||
| Q2 24 | -6.2% | 35.1% | ||
| Q1 24 | -9.3% | 18.9% |
资本支出强度APTFUNC
| Q4 25 | 1.9% | 17.1% | ||
| Q3 25 | 0.7% | 5.9% | ||
| Q2 25 | 0.8% | 1.3% | ||
| Q1 25 | 1.0% | 2.8% | ||
| Q4 24 | 10.4% | 9.3% | ||
| Q3 24 | 15.1% | 8.4% | ||
| Q2 24 | 0.8% | 0.6% | ||
| Q1 24 | 0.6% | 0.3% |
现金转化率APTFUNC
| Q4 25 | 0.46× | 3.35× | ||
| Q3 25 | 4.02× | 0.22× | ||
| Q2 25 | 1.68× | 0.17× | ||
| Q1 25 | -6.46× | 1.20× | ||
| Q4 24 | 2.85× | 3.60× | ||
| Q3 24 | 6.18× | 0.40× | ||
| Q2 24 | -0.53× | 1.46× | ||
| Q1 24 | -2.03× | 0.97× |
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
APT
| Other | $7.3M | 53% |
| Disposable Protective Apparel | $6.6M | 47% |
FUNC
| Trust Department | $9.8M | 42% |
| Other | $5.6M | 24% |
| Debit Card Income | $4.1M | 17% |
| Service Charges | $2.3M | 10% |
| Brokerage Commissions | $1.4M | 6% |
