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亚玛芬体育（AS）与CVR ENERGY INC（CVI）财务数据对比。点击上方公司名可切换其他公司
CVR ENERGY INC的季度营收约是亚玛芬体育的1.7倍（$1.8B vs $1.1B），亚玛芬体育净利率更高（1.8% vs -6.1%，领先7.9%）
亚玛芬体育是芬兰跨国运动装备企业，总部位于赫尔辛基，成立于1950年。早年为涉足烟草贸易、航运、出版等领域的多元化工业集团，后逐步转型专注于体育用品的生产与营销，现有员工超9700人，2018年起成为中国安踏体育旗下子公司。
CVR能源是总部位于美国的能源控股企业，主营石油炼制与氮肥制造两大核心业务，生产汽油、柴油、航空燃油及农用化肥等产品，主要面向北美地区的商业、工业及农业客户供货。
AS vs CVI — 直观对比
营收规模更大
CVI
是对方的1.7倍
$1.1B
净利率更高
AS
高出7.9%
-6.1%
损益表 — Q1 FY2024 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.8B |
| 净利润 | $19.0M | $-110.0M |
| 毛利率 | 52.8% | -3.1% |
| 营业利润率 | 12.4% | -5.3% |
| 净利率 | 1.8% | -6.1% |
| 营收同比 | — | -7.0% |
| 净利润同比 | — | -492.9% |
| 每股收益（稀释后） | $0.05 | $-1.09 |
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ASCVI
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | $1.1B | $1.9B |
净利润ASCVI
| Q4 25 | — | $-110.0M | ||
| Q3 25 | — | $374.0M | ||
| Q2 25 | — | $-114.0M | ||
| Q1 25 | — | $-123.0M | ||
| Q4 24 | — | $28.0M | ||
| Q3 24 | — | $-124.0M | ||
| Q2 24 | — | $21.0M | ||
| Q1 24 | $19.0M | $82.0M |
毛利率ASCVI
| Q4 25 | — | -3.1% | ||
| Q3 25 | — | 28.8% | ||
| Q2 25 | — | -3.7% | ||
| Q1 25 | — | -5.5% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | -3.9% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | 52.8% | 8.6% |
营业利润率ASCVI
| Q4 25 | — | -5.3% | ||
| Q3 25 | — | 26.3% | ||
| Q2 25 | — | -5.8% | ||
| Q1 25 | — | -8.0% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | -6.2% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | 12.4% | 6.6% |
净利率ASCVI
| Q4 25 | — | -6.1% | ||
| Q3 25 | — | 19.2% | ||
| Q2 25 | — | -6.5% | ||
| Q1 25 | — | -7.5% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | -6.8% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | 1.8% | 4.4% |
每股收益（稀释后）ASCVI
| Q4 25 | — | $-1.09 | ||
| Q3 25 | — | $3.72 | ||
| Q2 25 | — | $-1.14 | ||
| Q1 25 | — | $-1.22 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | — | $-1.24 | ||
| Q2 24 | — | $0.21 | ||
| Q1 24 | $0.05 | $0.81 |
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 | — | $511.0M |
| 总债务越低越好 | — | $1.8B |
| 股东权益账面价值 | — | $730.0M |
| 总资产 | — | $3.7B |
| 负债/权益比越低杠杆越低 | — | 2.40× |
8季度趋势，按日历期对齐
现金及短期投资ASCVI
| Q4 25 | — | $511.0M | ||
| Q3 25 | — | $670.0M | ||
| Q2 25 | — | $596.0M | ||
| Q1 25 | — | $695.0M | ||
| Q4 24 | — | $987.0M | ||
| Q3 24 | — | $534.0M | ||
| Q2 24 | — | $586.0M | ||
| Q1 24 | — | $644.0M |
总债务ASCVI
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.6B |
股东权益ASCVI
| Q4 25 | — | $730.0M | ||
| Q3 25 | — | $840.0M | ||
| Q2 25 | — | $466.0M | ||
| Q1 25 | — | $580.0M | ||
| Q4 24 | — | $703.0M | ||
| Q3 24 | — | $675.0M | ||
| Q2 24 | — | $849.0M | ||
| Q1 24 | — | $879.0M |
总资产ASCVI
| Q4 25 | — | $3.7B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $4.3B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $4.0B | ||
| Q1 24 | — | $4.1B |
负债/权益比ASCVI
| Q4 25 | — | 2.40× | ||
| Q3 25 | — | 2.17× | ||
| Q2 25 | — | 3.97× | ||
| Q1 25 | — | 3.29× | ||
| Q4 24 | — | 2.71× | ||
| Q3 24 | — | 2.33× | ||
| Q2 24 | — | 1.86× | ||
| Q1 24 | — | 1.79× |
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 | $114.3M | $0 |
| 自由现金流经营现金流 - 资本支出 | $92.2M | — |
| 自由现金流率自由现金流/营收 | 8.8% | — |
| 资本支出强度资本支出/营收 | 2.1% | 3.0% |
| 现金转化率经营现金流/净利润 | 6.02× | — |
| 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ASCVI
| Q4 25 | — | $0 | ||
| Q3 25 | — | $163.0M | ||
| Q2 25 | — | $176.0M | ||
| Q1 25 | — | $-195.0M | ||
| Q4 24 | — | $98.0M | ||
| Q3 24 | — | $48.0M | ||
| Q2 24 | — | $81.0M | ||
| Q1 24 | $114.3M | $177.0M |
自由现金流ASCVI
| Q4 25 | — | — | ||
| Q3 25 | — | $125.0M | ||
| Q2 25 | — | $135.0M | ||
| Q1 25 | — | $-246.0M | ||
| Q4 24 | — | $43.0M | ||
| Q3 24 | — | $14.0M | ||
| Q2 24 | — | $38.0M | ||
| Q1 24 | $92.2M | $130.0M |
自由现金流率ASCVI
| Q4 25 | — | — | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | -14.9% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 1.9% | ||
| Q1 24 | 8.8% | 7.0% |
资本支出强度ASCVI
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 2.3% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | 2.1% | 2.5% |
现金转化率ASCVI
| Q4 25 | — | — | ||
| Q3 25 | — | 0.44× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.50× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.86× | ||
| Q1 24 | 6.02× | 2.16× |
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
AS
| Americas2 | $409.6M | 39% |
| EMEA1 | $356.9M | 34% |
| Greater China3 | $205.6M | 20% |
| Asia Pacific4 | $78.2M | 7% |
CVI
| Petroleum Segment | $1.6B | 91% |
| Product UAN | $64.0M | 4% |
| Product Ammonia | $51.0M | 3% |
| Renewables Diesel | $27.0M | 1% |
| Product Urea Products | $8.0M | 0% |
| Renewable Fuel Credits | $7.0M | 0% |
