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Accelerant Holdings（ARX）与天瑞祥控股有限公司（TIRX）财务数据对比。点击上方公司名可切换其他公司
Accelerant Holdings的季度营收约是天瑞祥控股有限公司的132.9倍（$267.4M vs $2.0M）。天瑞祥控股有限公司净利率更高（-12.3% vs -511.9%，领先499.6%）
Accelerant Holdings是一家全球特种保险与再保险科技平台，依托先进数据分析和风险评估工具，为保险公司、总代理及承保合作伙伴提供定制化风险解决方案，优化承保流程，业务覆盖北美及欧洲的商业和特种保险领域。
天瑞祥控股有限公司是总部位于中国的保险中介服务提供商，代理销售多家合作保险公司的财险、意外险、寿险等多元保险产品，主要服务中国大陆各区域的个人及企业客户。
ARX vs TIRX — 直观对比
营收规模更大
ARX
是对方的132.9倍
$2.0M
净利率更高
TIRX
高出499.6%
-511.9%
损益表 — Q3 2025 vs Q2 2025
| 指标 | | |
|---|---|---|
| 营收 | $267.4M | $2.0M |
| 净利润 | $-1.4B | $-248.3K |
| 毛利率 | — | 85.6% |
| 营业利润率 | -507.7% | -6.7% |
| 净利率 | -511.9% | -12.3% |
| 营收同比 | — | -35.8% |
| 净利润同比 | — | -159.3% |
| 每股收益（稀释后） | $-6.99 | $-0.02 |
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ARXTIRX
| Q3 25 | $267.4M | — | ||
| Q2 25 | $219.1M | $2.0M | ||
| Q2 24 | — | $3.1M | ||
| Q2 23 | — | $724.9K | ||
| Q2 22 | — | $945.6K |
净利润ARXTIRX
| Q3 25 | $-1.4B | — | ||
| Q2 25 | $8.8M | $-248.3K | ||
| Q2 24 | — | $418.9K | ||
| Q2 23 | — | $-1.5M | ||
| Q2 22 | — | $-3.5M |
毛利率ARXTIRX
| Q3 25 | — | — | ||
| Q2 25 | — | 85.6% | ||
| Q2 24 | — | 89.7% | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
营业利润率ARXTIRX
| Q3 25 | -507.7% | — | ||
| Q2 25 | 10.2% | -6.7% | ||
| Q2 24 | — | 18.6% | ||
| Q2 23 | — | -266.0% | ||
| Q2 22 | — | -410.3% |
净利率ARXTIRX
| Q3 25 | -511.9% | — | ||
| Q2 25 | 4.0% | -12.3% | ||
| Q2 24 | — | 13.4% | ||
| Q2 23 | — | -205.0% | ||
| Q2 22 | — | -370.5% |
每股收益（稀释后）ARXTIRX
| Q3 25 | $-6.99 | — | ||
| Q2 25 | $0.04 | $-0.02 | ||
| Q2 24 | — | $0.01 | ||
| Q2 23 | — | $-2.50 | ||
| Q2 22 | — | $-1.42 |
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 | $1.6B | $28.0M |
| 总债务越低越好 | $121.9M | $3.5M |
| 股东权益账面价值 | $676.1M | $-16.1M |
| 总资产 | $7.9B | $6.0M |
| 负债/权益比越低杠杆越低 | 0.18× | — |
8季度趋势，按日历期对齐
现金及短期投资ARXTIRX
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.4B | $28.0M | ||
| Q2 24 | — | $27.5M | ||
| Q2 23 | — | $35.9M | ||
| Q2 22 | — | $29.0M |
总债务ARXTIRX
| Q3 25 | $121.9M | — | ||
| Q2 25 | $126.7M | $3.5M | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
股东权益ARXTIRX
| Q3 25 | $676.1M | — | ||
| Q2 25 | $346.2M | $-16.1M | ||
| Q2 24 | — | $32.3M | ||
| Q2 23 | — | $34.5M | ||
| Q2 22 | — | $37.1M |
总资产ARXTIRX
| Q3 25 | $7.9B | — | ||
| Q2 25 | $7.5B | $6.0M | ||
| Q2 24 | — | $38.0M | ||
| Q2 23 | — | $37.0M | ||
| Q2 22 | — | $38.6M |
负债/权益比ARXTIRX
| Q3 25 | 0.18× | — | ||
| Q2 25 | 0.37× | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
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 | $73.9M | $263.7K |
| 自由现金流经营现金流 - 资本支出 | — | $263.1K |
| 自由现金流率自由现金流/营收 | — | 13.1% |
| 资本支出强度资本支出/营收 | — | 0.0% |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流ARXTIRX
| Q3 25 | $73.9M | — | ||
| Q2 25 | $309.3M | $263.7K | ||
| Q2 24 | — | $-646.8K | ||
| Q2 23 | — | $761.6K | ||
| Q2 22 | — | $-75.6K |
自由现金流ARXTIRX
| Q3 25 | — | — | ||
| Q2 25 | — | $263.1K | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | $-78.0K |
自由现金流率ARXTIRX
| Q3 25 | — | — | ||
| Q2 25 | — | 13.1% | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | -8.3% |
资本支出强度ARXTIRX
| Q3 25 | — | — | ||
| Q2 25 | — | 0.0% | ||
| Q2 24 | — | — | ||
| Q2 23 | — | 0.0% | ||
| Q2 22 | — | 0.3% |
现金转化率ARXTIRX
| Q3 25 | — | — | ||
| Q2 25 | 35.15× | — | ||
| Q2 24 | — | -1.54× | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
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
ARX
| Underwriting Segment | $117.6M | 44% |
| Exchange Services Segment | $85.0M | 32% |
| Other | $64.8M | 24% |
TIRX
暂无分部数据
