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ALLIANCE RESOURCE PARTNERS LP（ARLP）与Ascendis Pharma A/S（ASND）财务数据对比。点击上方公司名可切换其他公司
ALLIANCE RESOURCE PARTNERS LP的季度营收约是Ascendis Pharma A/S的1.9倍（$516.0M vs $267.3M），Ascendis Pharma A/S同比增速更快（42.3% vs -3.6%），过去两年Ascendis Pharma A/S的营收复合增速更高（60.7% vs -6.7%）
联合资源伙伴有限合伙是北美领先的自然资源企业，核心业务为公用事业及工业客户生产、销售煤炭，同时运营矿权特许经营、油气开采、物流配套等关联业务，服务覆盖美国及周边主要能源消费市场。
Ascendis Pharma A/S是一家聚焦内分泌疾病治疗领域的生物制药企业，核心业务覆盖生长激素疗法的研发、生产与商业化。其依托重组DNA技术生产的生长激素类处方药物，可用于治疗多种生长激素缺乏相关适应症，临床应用场景广泛。
ARLP vs ASND — 直观对比
营收规模更大
ARLP
是对方的1.9倍
$267.3M
营收增速更快
ASND
高出46.0%
-3.6%
两年增速更快
ASND
近两年复合增速
-6.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $267.3M |
| 净利润 | $10.7M | — |
| 毛利率 | — | 90.5% |
| 营业利润率 | 4.2% | — |
| 净利率 | 2.1% | — |
| 营收同比 | -3.6% | 42.3% |
| 净利润同比 | — | — |
| 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ARLPASND
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | $267.3M | ||
| Q3 25 | $571.4M | $230.7M | ||
| Q2 25 | $547.5M | $170.7M | ||
| Q1 25 | $540.5M | $109.0M | ||
| Q4 24 | $590.1M | $187.8M | ||
| Q3 24 | $613.6M | $62.5M | ||
| Q2 24 | $593.4M | $38.9M |
净利润ARLPASND
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | — | ||
| Q3 25 | $95.1M | $-65.9M | ||
| Q2 25 | $59.4M | $-42.0M | ||
| Q1 25 | $74.0M | $-102.2M | ||
| Q4 24 | $16.3M | — | ||
| Q3 24 | $86.3M | $-107.1M | ||
| Q2 24 | $100.2M | $-118.1M |
毛利率ARLPASND
| Q1 26 | — | — | ||
| Q4 25 | — | 90.5% | ||
| Q3 25 | — | 89.5% | ||
| Q2 25 | — | 80.1% | ||
| Q1 25 | — | 82.6% | ||
| Q4 24 | — | 91.9% | ||
| Q3 24 | — | 80.6% | ||
| Q2 24 | — | 68.2% |
营业利润率ARLPASND
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | — | ||
| Q3 25 | 18.4% | 5.1% | ||
| Q2 25 | 16.2% | -33.5% | ||
| Q1 25 | 17.4% | -103.2% | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 16.5% | -167.3% | ||
| Q2 24 | 19.8% | -370.2% |
净利率ARLPASND
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | — | ||
| Q3 25 | 16.6% | -28.5% | ||
| Q2 25 | 10.9% | -24.6% | ||
| Q1 25 | 13.7% | -93.7% | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | 14.1% | -171.5% | ||
| Q2 24 | 16.9% | -303.9% |
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 | $28.9M | $665.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $-175.8M |
| 总资产 | $2.9B | $1.4B |
| 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ARLPASND
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | $665.3M | ||
| Q3 25 | $94.5M | $582.2M | ||
| Q2 25 | $55.0M | $533.6M | ||
| Q1 25 | $81.3M | $559.4M | ||
| Q4 24 | $137.0M | $604.3M | ||
| Q3 24 | $195.4M | $675.6M | ||
| Q2 24 | $203.7M | $279.4M |
股东权益ARLPASND
| Q1 26 | — | — | ||
| Q4 25 | — | $-175.8M | ||
| Q3 25 | — | $-188.0M | ||
| Q2 25 | — | $-202.6M | ||
| Q1 25 | — | $-205.0M | ||
| Q4 24 | — | $-114.2M | ||
| Q3 24 | — | $-105.1M | ||
| Q2 24 | — | $-346.8M |
总资产ARLPASND
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $1.4B | ||
| Q3 25 | $2.9B | $1.2B | ||
| Q2 25 | $2.9B | $1.2B | ||
| Q1 25 | $2.9B | $1.1B | ||
| Q4 24 | $2.9B | $1.3B | ||
| Q3 24 | $3.0B | $1.2B | ||
| Q2 24 | $3.1B | $819.0M |
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 | — | $58.2M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | — |
| 自由现金流率自由现金流/营收 | 2.6% | — |
| 资本支出强度资本支出/营收 | 18.5% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $342.2M | — |
8季度趋势，按日历期对齐
经营现金流ARLPASND
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $58.2M | ||
| Q3 25 | $209.9M | — | ||
| Q2 25 | $151.7M | — | ||
| Q1 25 | $145.7M | $-15.5M | ||
| Q4 24 | $168.4M | $-330.7M | ||
| Q3 24 | $209.3M | — | ||
| Q2 24 | $215.8M | — |
自由现金流ARLPASND
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | — | ||
| Q3 25 | $145.2M | — | ||
| Q2 25 | $84.7M | — | ||
| Q1 25 | $58.9M | — | ||
| Q4 24 | $75.3M | — | ||
| Q3 24 | $99.0M | — | ||
| Q2 24 | $114.3M | — |
自由现金流率ARLPASND
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | — | ||
| Q3 25 | 25.4% | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | 10.9% | — | ||
| Q4 24 | 12.8% | — | ||
| Q3 24 | 16.1% | — | ||
| Q2 24 | 19.3% | — |
资本支出强度ARLPASND
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | — | ||
| Q3 25 | 11.3% | — | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 16.1% | — | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 17.1% | — |
现金转化率ARLPASND
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | — | ||
| Q3 25 | 2.21× | — | ||
| Q2 25 | 2.55× | — | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 10.31× | — | ||
| Q3 24 | 2.43× | — | ||
| Q2 24 | 2.15× | — |
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
ARLP
| Coal sales | $443.3M | 86% |
| Oil & gas royalties | $41.3M | 8% |
| Other revenues | $22.8M | 4% |
| Transportation revenues | $8.6M | 2% |
| Tons Produced | $8.0M | 2% |
| Mineral Interest Volumes (BOE) | $1.0M | 0% |
ASND
暂无分部数据
