vs
Armour Residential REIT, Inc.（ARR）与万物新生（RERE）财务数据对比。点击上方公司名可切换其他公司
Armour Residential REIT, Inc.的季度营收约是万物新生的1.2倍（$50.4M vs $43.2M），Armour Residential REIT, Inc.净利率更高（420.2% vs 16.9%，领先403.3%）
Armour Residential REIT, Inc.是一家总部位于美国的房地产投资信托企业，主要投资由美国政府支持机构担保的机构级住宅抵押贷款支持证券，通过专业资产管理和风险管控为股东创造长期稳定的净收益。
万物新生集团（ATRenew Inc.）是中国领先的二手消费电子产品交易与服务平台运营商，核心业务覆盖数码产品回收、质检、翻新及售卖，运营有爱回收等知名品牌，服务覆盖个人消费者及企业客户，市场遍及国内及部分东南亚地区。
ARR vs RERE — 直观对比
营收规模更大
ARR
是对方的1.2倍
$43.2M
净利率更高
ARR
高出403.3%
16.9%
损益表 — Q4 FY2025 vs Q1 FY2023
| 指标 | | |
|---|---|---|
| 营收 | $50.4M | $43.2M |
| 净利润 | $211.7M | $7.3M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 420.2% | 16.9% |
| 营收同比 | 297.9% | — |
| 净利润同比 | 555.9% | — |
| 每股收益（稀释后） | $2.43 | — |
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ARRRERE
| Q4 25 | $50.4M | — | ||
| Q3 25 | $38.5M | — | ||
| Q2 25 | $33.1M | — | ||
| Q1 25 | $36.3M | — | ||
| Q4 24 | $12.7M | — | ||
| Q2 24 | $7.0M | — | ||
| Q1 23 | $12.2M | $43.2M | ||
| Q4 22 | $11.6M | — |
净利润ARRRERE
| Q4 25 | $211.7M | — | ||
| Q3 25 | $159.3M | — | ||
| Q2 25 | $-75.6M | — | ||
| Q1 25 | $27.3M | — | ||
| Q4 24 | $-46.4M | — | ||
| Q2 24 | $-48.4M | — | ||
| Q1 23 | $-31.4M | $7.3M | ||
| Q4 22 | — | — |
净利率ARRRERE
| Q4 25 | 420.2% | — | ||
| Q3 25 | 413.5% | — | ||
| Q2 25 | -228.4% | — | ||
| Q1 25 | 75.2% | — | ||
| Q4 24 | -366.8% | — | ||
| Q2 24 | -693.8% | — | ||
| Q1 23 | -256.8% | 16.9% | ||
| Q4 22 | — | — |
每股收益（稀释后）ARRRERE
| Q4 25 | $2.43 | — | ||
| Q3 25 | $1.49 | — | ||
| Q2 25 | $-0.94 | — | ||
| Q1 25 | $0.32 | — | ||
| Q4 24 | $-0.91 | — | ||
| Q2 24 | $-1.05 | — | ||
| Q1 23 | $-0.95 | — | ||
| Q4 22 | — | — |
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 | $63.3M | $228.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.3B | $557.1M |
| 总资产 | $21.0B | $722.9M |
| 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ARRRERE
| Q4 25 | $63.3M | — | ||
| Q3 25 | $44.2M | — | ||
| Q2 25 | $141.2M | — | ||
| Q1 25 | $49.1M | — | ||
| Q4 24 | $68.0M | — | ||
| Q2 24 | $126.6M | — | ||
| Q1 23 | — | $228.0M | ||
| Q4 22 | $87.3M | — |
股东权益ARRRERE
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.4B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 23 | $1.2B | $557.1M | ||
| Q4 22 | $1.1B | — |
总资产ARRRERE
| Q4 25 | $21.0B | — | ||
| Q3 25 | $19.4B | — | ||
| Q2 25 | $16.2B | — | ||
| Q1 25 | $15.5B | — | ||
| Q4 24 | $13.5B | — | ||
| Q2 24 | $10.1B | — | ||
| Q1 23 | $13.2B | $722.9M | ||
| Q4 22 | $9.4B | — |
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 | $124.2M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 0.59× | — |
| 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ARRRERE
| Q4 25 | $124.2M | — | ||
| Q3 25 | $-37.8M | — | ||
| Q2 25 | $25.0M | — | ||
| Q1 25 | $101.5M | — | ||
| Q4 24 | $261.5M | — | ||
| Q2 24 | $27.1M | — | ||
| Q1 23 | $54.2M | — | ||
| Q4 22 | $124.1M | — |
现金转化率ARRRERE
| Q4 25 | 0.59× | — | ||
| Q3 25 | -0.24× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.71× | — | ||
| Q4 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 23 | — | — | ||
| Q4 22 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
