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安波福（APTV）与如新（NUS）财务数据对比。点击上方公司名可切换其他公司
安波福的季度营收约是如新的13.9倍（$5.2B vs $370.3M）。如新净利率更高（3.9% vs 2.7%，领先1.2%）。安波福同比增速更快（5.0% vs -16.9%）。安波福自由现金流更多（$651.0M vs $5.9M）。过去两年安波福的营收复合增速更高（2.5% vs -5.8%）
安波福（Aptiv）是源自美国的全球知名汽车技术供应商，总部设于瑞士沙夫豪森。其前身是通用汽车旗下的零部件业务板块，后独立为德尔福汽车系统，经业务拆分重组后正式成立安波福，服务全球各大整车制造企业。
如新企业集团是一家美国多层次直销企业，主打研发并销售个人护理产品与营养膳食补充产品，旗下拥有Nu Skin及Pharmanex两大品牌，目前已在全球54个市场开展业务，依托约120万独立销售代表的销售网络覆盖全球市场。
APTV vs NUS — 直观对比
营收规模更大
APTV
是对方的13.9倍
$370.3M
营收增速更快
APTV
高出21.9%
-16.9%
净利率更高
NUS
高出1.2%
2.7%
自由现金流更多
APTV
多$645.1M
$5.9M
两年增速更快
APTV
近两年复合增速
-5.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $370.3M |
| 净利润 | $138.0M | $14.5M |
| 毛利率 | 18.7% | 70.7% |
| 营业利润率 | 8.2% | 6.3% |
| 净利率 | 2.7% | 3.9% |
| 营收同比 | 5.0% | -16.9% |
| 净利润同比 | -48.5% | 140.1% |
| 每股收益（稀释后） | $0.63 | $0.27 |
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APTVNUS
| Q4 25 | $5.2B | $370.3M | ||
| Q3 25 | $5.2B | $364.2M | ||
| Q2 25 | $5.2B | $386.1M | ||
| Q1 25 | $4.8B | $364.5M | ||
| Q4 24 | $4.9B | $445.6M | ||
| Q3 24 | $4.9B | $430.1M | ||
| Q2 24 | $5.1B | $439.1M | ||
| Q1 24 | $4.9B | $417.3M |
净利润APTVNUS
| Q4 25 | $138.0M | $14.5M | ||
| Q3 25 | $-355.0M | $17.1M | ||
| Q2 25 | $393.0M | $21.1M | ||
| Q1 25 | $-11.0M | $107.5M | ||
| Q4 24 | $268.0M | $-36.1M | ||
| Q3 24 | $363.0M | $8.3M | ||
| Q2 24 | $938.0M | $-118.3M | ||
| Q1 24 | $218.0M | $-533.0K |
毛利率APTVNUS
| Q4 25 | 18.7% | 70.7% | ||
| Q3 25 | 19.5% | 70.5% | ||
| Q2 25 | 19.1% | 68.8% | ||
| Q1 25 | 19.1% | 67.8% | ||
| Q4 24 | 19.6% | 62.7% | ||
| Q3 24 | 18.6% | 70.1% | ||
| Q2 24 | 19.2% | 70.0% | ||
| Q1 24 | 17.9% | 70.5% |
营业利润率APTVNUS
| Q4 25 | 8.2% | 6.3% | ||
| Q3 25 | -3.4% | 5.9% | ||
| Q2 25 | 9.3% | 8.0% | ||
| Q1 25 | 9.3% | -2.7% | ||
| Q4 24 | 9.8% | -11.9% | ||
| Q3 24 | 10.4% | 4.2% | ||
| Q2 24 | 8.7% | -28.6% | ||
| Q1 24 | 8.5% | 2.1% |
净利率APTVNUS
| Q4 25 | 2.7% | 3.9% | ||
| Q3 25 | -6.8% | 4.7% | ||
| Q2 25 | 7.5% | 5.5% | ||
| Q1 25 | -0.2% | 29.5% | ||
| Q4 24 | 5.5% | -8.1% | ||
| Q3 24 | 7.5% | 1.9% | ||
| Q2 24 | 18.6% | -26.9% | ||
| Q1 24 | 4.4% | -0.1% |
每股收益（稀释后）APTVNUS
| Q4 25 | $0.63 | $0.27 | ||
| Q3 25 | $-1.63 | $0.34 | ||
| Q2 25 | $1.80 | $0.43 | ||
| Q1 25 | $-0.05 | $2.14 | ||
| Q4 24 | $1.22 | $-0.73 | ||
| Q3 24 | $1.48 | $0.17 | ||
| Q2 24 | $3.47 | $-2.38 | ||
| Q1 24 | $0.79 | $-0.01 |
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 | $1.9B | $239.8M |
| 总债务越低越好 | $7.5B | — |
| 股东权益账面价值 | $9.2B | $805.2M |
| 总资产 | $23.4B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.81× | — |
8季度趋势，按日历期对齐
现金及短期投资APTVNUS
| Q4 25 | $1.9B | $239.8M | ||
| Q3 25 | $1.6B | $253.0M | ||
| Q2 25 | $1.4B | $265.4M | ||
| Q1 25 | $1.1B | $213.6M | ||
| Q4 24 | $1.6B | $198.0M | ||
| Q3 24 | $1.8B | $237.8M | ||
| Q2 24 | $2.2B | $232.9M | ||
| Q1 24 | $941.0M | $221.2M |
总债务APTVNUS
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.6B | — | ||
| Q2 25 | $7.8B | — | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $7.8B | — | ||
| Q3 24 | $8.3B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $4.7B | — |
股东权益APTVNUS
| Q4 25 | $9.2B | $805.2M | ||
| Q3 25 | $9.3B | $799.8M | ||
| Q2 25 | $9.7B | $787.8M | ||
| Q1 25 | $9.0B | $754.0M | ||
| Q4 24 | $8.8B | $651.5M | ||
| Q3 24 | $8.9B | $706.9M | ||
| Q2 24 | $11.5B | $686.2M | ||
| Q1 24 | $11.1B | $810.2M |
总资产APTVNUS
| Q4 25 | $23.4B | $1.4B | ||
| Q3 25 | $23.5B | $1.4B | ||
| Q2 25 | $23.9B | $1.4B | ||
| Q1 25 | $23.1B | $1.4B | ||
| Q4 24 | $23.5B | $1.5B | ||
| Q3 24 | $24.8B | $1.6B | ||
| Q2 24 | $24.8B | $1.6B | ||
| Q1 24 | $23.6B | $1.7B |
负债/权益比APTVNUS
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 0.48× | — | ||
| Q1 24 | 0.42× | — |
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 | $818.0M | $16.6M |
| 自由现金流经营现金流 - 资本支出 | $651.0M | $5.9M |
| 自由现金流率自由现金流/营收 | 12.6% | 1.6% |
| 资本支出强度资本支出/营收 | 3.2% | 2.9% |
| 现金转化率经营现金流/净利润 | 5.93× | 1.15× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $46.0M |
8季度趋势，按日历期对齐
经营现金流APTVNUS
| Q4 25 | $818.0M | $16.6M | ||
| Q3 25 | $584.0M | $27.5M | ||
| Q2 25 | $510.0M | $35.8M | ||
| Q1 25 | $273.0M | $389.0K | ||
| Q4 24 | $1.1B | $25.8M | ||
| Q3 24 | $499.0M | $31.4M | ||
| Q2 24 | $643.0M | $51.2M | ||
| Q1 24 | $244.0M | $3.3M |
自由现金流APTVNUS
| Q4 25 | $651.0M | $5.9M | ||
| Q3 25 | $441.0M | $17.6M | ||
| Q2 25 | $361.0M | $35.8M | ||
| Q1 25 | $76.0M | $-13.2M | ||
| Q4 24 | $894.0M | $13.2M | ||
| Q3 24 | $326.0M | $22.8M | ||
| Q2 24 | $417.0M | $43.1M | ||
| Q1 24 | $-21.0M | $-9.0M |
自由现金流率APTVNUS
| Q4 25 | 12.6% | 1.6% | ||
| Q3 25 | 8.5% | 4.8% | ||
| Q2 25 | 6.9% | 9.3% | ||
| Q1 25 | 1.6% | -3.6% | ||
| Q4 24 | 18.2% | 3.0% | ||
| Q3 24 | 6.7% | 5.3% | ||
| Q2 24 | 8.3% | 9.8% | ||
| Q1 24 | -0.4% | -2.1% |
资本支出强度APTVNUS
| Q4 25 | 3.2% | 2.9% | ||
| Q3 25 | 2.7% | 2.7% | ||
| Q2 25 | 2.9% | 0.0% | ||
| Q1 25 | 4.1% | 3.7% | ||
| Q4 24 | 3.4% | 2.8% | ||
| Q3 24 | 3.6% | 2.0% | ||
| Q2 24 | 4.5% | 1.9% | ||
| Q1 24 | 5.4% | 2.9% |
现金转化率APTVNUS
| Q4 25 | 5.93× | 1.15× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | 1.30× | 1.69× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | 3.96× | — | ||
| Q3 24 | 1.37× | 3.79× | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | 1.12× | — |
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
APTV
| Electrical Distribution Systems | $2.3B | 45% |
| Engineered Components Group | $1.4B | 28% |
| Active Safety | $716.0M | 14% |
| User Experience And Other | $564.0M | 11% |
| Smart Vehicle Compute And Software | $154.0M | 3% |
NUS
| Other | $161.9M | 44% |
| Mainland China Segment | $52.0M | 14% |
| Southeast Asia Pacific Segment | $50.5M | 14% |
| Europe And Africa Segment | $41.8M | 11% |
| Hong Kong Taiwan Segment | $29.6M | 8% |
| South Korea Segment | $28.4M | 8% |
| Rhyz Other Segment | $6.1M | 2% |
