vs
Array Technologies, Inc.（ARRY）与AdvanSix Inc.（ASIX）财务数据对比。点击上方公司名可切换其他公司
AdvanSix Inc.的季度营收约是Array Technologies, Inc.的1.6倍（$359.9M vs $226.0M），AdvanSix Inc.同比增速更快（9.4% vs -17.9%），Array Technologies, Inc.自由现金流更多（$36.2M vs $36.1M），过去两年Array Technologies, Inc.的营收复合增速更高（21.4% vs 3.4%）
ATI科技是原加拿大半导体科技企业，总部位于安大略省万锦市，专注于图形处理器与芯片组的研发，1985年成立，1993年公开上市，2006年被AMD收购。作为全球知名的无晶圆厂半导体厂商，其掌握自研核心技术，生产组装环节采用外包模式。2000年3dfx破产后，ATI成为全球图形芯片领域的核心厂商之一。
AdvanSix Inc.是一家美国化工企业，主营尼龙6以及己内酰胺、硫酸铵肥料等相关化工产品。该公司原为霍尼韦尔旗下树脂与化工事业部，于2016年分拆独立，2019年预估营收达14亿美元，其企业历史可追溯至1884年在宾夕法尼亚州法兰克福成立的H. W. Jayne公司。
ARRY vs ASIX — 直观对比
营收规模更大
ASIX
是对方的1.6倍
$226.0M
营收增速更快
ASIX
高出27.3%
-17.9%
自由现金流更多
ARRY
多$38.0K
$36.1M
两年增速更快
ARRY
近两年复合增速
3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $226.0M | $359.9M |
| 净利润 | — | $-2.8M |
| 毛利率 | 8.6% | 7.6% |
| 营业利润率 | -65.5% | -0.7% |
| 净利率 | — | -0.8% |
| 营收同比 | -17.9% | 9.4% |
| 净利润同比 | — | -892.9% |
| 每股收益（稀释后） | $-1.06 | $-0.11 |
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ARRYASIX
| Q4 25 | $226.0M | $359.9M | ||
| Q3 25 | $393.5M | $374.5M | ||
| Q2 25 | $362.2M | $410.0M | ||
| Q1 25 | $302.4M | $377.8M | ||
| Q4 24 | $275.2M | $329.1M | ||
| Q3 24 | $231.4M | $398.2M | ||
| Q2 24 | $255.8M | $453.5M | ||
| Q1 24 | $153.4M | $336.8M |
净利润ARRYASIX
| Q4 25 | — | $-2.8M | ||
| Q3 25 | $33.5M | $-2.6M | ||
| Q2 25 | $43.3M | $31.4M | ||
| Q1 25 | $16.7M | $23.3M | ||
| Q4 24 | — | $352.0K | ||
| Q3 24 | $-141.4M | $22.3M | ||
| Q2 24 | $25.7M | $38.9M | ||
| Q1 24 | $2.2M | $-17.4M |
毛利率ARRYASIX
| Q4 25 | 8.6% | 7.6% | ||
| Q3 25 | 26.9% | 6.8% | ||
| Q2 25 | 26.8% | 14.3% | ||
| Q1 25 | 25.3% | 14.2% | ||
| Q4 24 | 28.5% | 3.4% | ||
| Q3 24 | 33.8% | 14.4% | ||
| Q2 24 | 33.6% | 17.9% | ||
| Q1 24 | 35.9% | 0.9% |
营业利润率ARRYASIX
| Q4 25 | -65.5% | -0.7% | ||
| Q3 25 | 11.6% | -0.9% | ||
| Q2 25 | 12.8% | 7.7% | ||
| Q1 25 | 9.0% | 7.7% | ||
| Q4 24 | -51.7% | -3.9% | ||
| Q3 24 | -57.3% | 7.5% | ||
| Q2 24 | 15.5% | 11.5% | ||
| Q1 24 | 5.5% | -7.0% |
净利率ARRYASIX
| Q4 25 | — | -0.8% | ||
| Q3 25 | 8.5% | -0.7% | ||
| Q2 25 | 11.9% | 7.7% | ||
| Q1 25 | 5.5% | 6.2% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | -61.1% | 5.6% | ||
| Q2 24 | 10.0% | 8.6% | ||
| Q1 24 | 1.4% | -5.2% |
每股收益（稀释后）ARRYASIX
| Q4 25 | $-1.06 | $-0.11 | ||
| Q3 25 | $0.12 | $-0.10 | ||
| Q2 25 | $0.19 | $1.15 | ||
| Q1 25 | $0.02 | $0.86 | ||
| Q4 24 | $-0.94 | $0.02 | ||
| Q3 24 | $-1.02 | $0.82 | ||
| Q2 24 | $0.08 | $1.43 | ||
| Q1 24 | $-0.07 | $-0.65 |
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 | $244.4M | $19.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-206.3M | $815.2M |
| 总资产 | $1.5B | $1.7B |
| 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ARRYASIX
| Q4 25 | $244.4M | $19.8M | ||
| Q3 25 | $221.5M | $23.7M | ||
| Q2 25 | $377.3M | $18.4M | ||
| Q1 25 | $348.3M | $8.3M | ||
| Q4 24 | $363.0M | $19.6M | ||
| Q3 24 | $332.4M | $17.3M | ||
| Q2 24 | $282.3M | $12.1M | ||
| Q1 24 | $287.6M | $20.6M |
股东权益ARRYASIX
| Q4 25 | $-206.3M | $815.2M | ||
| Q3 25 | $-46.7M | $818.2M | ||
| Q2 25 | $-70.9M | $823.7M | ||
| Q1 25 | $-97.8M | $794.4M | ||
| Q4 24 | $-118.1M | $774.6M | ||
| Q3 24 | $64.5M | $766.4M | ||
| Q2 24 | $200.0M | $746.6M | ||
| Q1 24 | $231.2M | $713.2M |
总资产ARRYASIX
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.6B | $1.7B | ||
| Q2 25 | $1.5B | $1.6B | ||
| Q1 25 | $1.4B | $1.6B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.7B | $1.5B | ||
| Q1 24 | $1.6B | $1.5B |
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 | $43.6M | $63.7M |
| 自由现金流经营现金流 - 资本支出 | $36.2M | $36.1M |
| 自由现金流率自由现金流/营收 | 16.0% | 10.0% |
| 资本支出强度资本支出/营收 | 3.3% | 7.7% |
| 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 | $79.8M | $6.4M |
8季度趋势，按日历期对齐
经营现金流ARRYASIX
| Q4 25 | $43.6M | $63.7M | ||
| Q3 25 | $27.4M | $26.6M | ||
| Q2 25 | $43.8M | $21.1M | ||
| Q1 25 | $-13.1M | $11.4M | ||
| Q4 24 | $57.6M | $64.2M | ||
| Q3 24 | $44.9M | $57.3M | ||
| Q2 24 | $4.0M | $50.2M | ||
| Q1 24 | $47.5M | $-36.2M |
自由现金流ARRYASIX
| Q4 25 | $36.2M | $36.1M | ||
| Q3 25 | $21.9M | $66.0K | ||
| Q2 25 | $37.2M | $-7.2M | ||
| Q1 25 | $-15.4M | $-22.6M | ||
| Q4 24 | $55.9M | $29.8M | ||
| Q3 24 | $43.9M | $26.8M | ||
| Q2 24 | $1.8M | $16.7M | ||
| Q1 24 | $45.1M | $-71.6M |
自由现金流率ARRYASIX
| Q4 25 | 16.0% | 10.0% | ||
| Q3 25 | 5.6% | 0.0% | ||
| Q2 25 | 10.3% | -1.7% | ||
| Q1 25 | -5.1% | -6.0% | ||
| Q4 24 | 20.3% | 9.1% | ||
| Q3 24 | 19.0% | 6.7% | ||
| Q2 24 | 0.7% | 3.7% | ||
| Q1 24 | 29.4% | -21.3% |
资本支出强度ARRYASIX
| Q4 25 | 3.3% | 7.7% | ||
| Q3 25 | 1.4% | 7.1% | ||
| Q2 25 | 1.8% | 6.9% | ||
| Q1 25 | 0.8% | 9.0% | ||
| Q4 24 | 0.6% | 10.4% | ||
| Q3 24 | 0.5% | 7.7% | ||
| Q2 24 | 0.8% | 7.4% | ||
| Q1 24 | 1.6% | 10.5% |
现金转化率ARRYASIX
| Q4 25 | — | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 1.01× | 0.67× | ||
| Q1 25 | -0.78× | 0.49× | ||
| Q4 24 | — | 182.29× | ||
| Q3 24 | — | 2.57× | ||
| Q2 24 | 0.15× | 1.29× | ||
| Q1 24 | 21.94× | — |
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
ARRY
| Array Legacy Operations Segment | $212.0M | 94% |
| STI Operations Segment | $14.0M | 6% |
ASIX
| Plant Nutrients | $140.0M | 39% |
| Chemical Intermediates | $92.8M | 26% |
| Caprolactam | $64.4M | 18% |
| Nylon Resins | $62.8M | 17% |
