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Asana, Inc.（ASAN）与ROYAL GOLD INC（RGLD）财务数据对比。点击上方公司名可切换其他公司
ROYAL GOLD INC的季度营收约是Asana, Inc.的1.9倍（$375.3M vs $201.0M），ROYAL GOLD INC净利率更高（24.9% vs -34.0%，领先59.0%），ROYAL GOLD INC同比增速更快（85.3% vs 9.3%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 8.4%）
Asana是一家总部位于美国旧金山的软件企业，由达斯汀·莫斯科维茨和贾斯汀·罗森斯坦于2008年创立，核心产品是同名工作管理平台，支持网页端与移动端使用，可帮助团队梳理、跟踪及统筹各类工作事项，2012年4月正式商业化推出，2020年9月直接上市，当时估值达55亿美元。
Royal Gold Inc.是全球领先的贵金属流权与特许权经营企业，收购并管理多元化的矿业项目流权、净熔炼收益特许权及相关权益，资产覆盖黄金、白银、铜等品类，业务遍及多地区，无需直接承担采矿运营风险。
ASAN vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.9倍
$201.0M
营收增速更快
RGLD
高出76.0%
9.3%
净利率更高
RGLD
高出59.0%
-34.0%
两年增速更快
RGLD
近两年复合增速
8.4%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $201.0M | $375.3M |
| 净利润 | $-68.4M | $93.6M |
| 毛利率 | 88.9% | 64.6% |
| 营业利润率 | -34.8% | 56.2% |
| 净利率 | -34.0% | 24.9% |
| 营收同比 | 9.3% | 85.3% |
| 净利润同比 | -19.4% | -12.8% |
| 每股收益（稀释后） | $-0.29 | $1.04 |
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ASANRGLD
| Q4 25 | $201.0M | $375.3M | ||
| Q3 25 | $196.9M | $252.1M | ||
| Q2 25 | $187.3M | $209.6M | ||
| Q1 25 | $188.3M | $193.4M | ||
| Q4 24 | $183.9M | $202.6M | ||
| Q3 24 | $179.2M | $193.8M | ||
| Q2 24 | $172.4M | $174.1M | ||
| Q1 24 | $171.1M | $148.9M |
净利润ASANRGLD
| Q4 25 | $-68.4M | $93.6M | ||
| Q3 25 | $-48.4M | $126.8M | ||
| Q2 25 | $-40.0M | $132.3M | ||
| Q1 25 | $-62.3M | $113.5M | ||
| Q4 24 | $-57.3M | $107.4M | ||
| Q3 24 | $-72.2M | $96.2M | ||
| Q2 24 | $-63.7M | $81.2M | ||
| Q1 24 | $-62.4M | $47.2M |
毛利率ASANRGLD
| Q4 25 | 88.9% | 64.6% | ||
| Q3 25 | 89.7% | 73.6% | ||
| Q2 25 | 89.7% | 72.6% | ||
| Q1 25 | 89.6% | 69.4% | ||
| Q4 24 | 89.2% | 70.3% | ||
| Q3 24 | 88.8% | 66.6% | ||
| Q2 24 | 89.7% | 64.7% | ||
| Q1 24 | 89.8% | 58.4% |
营业利润率ASANRGLD
| Q4 25 | -34.8% | 56.2% | ||
| Q3 25 | -25.1% | 64.4% | ||
| Q2 25 | -23.4% | 67.7% | ||
| Q1 25 | -33.8% | 63.6% | ||
| Q4 24 | -32.7% | 65.9% | ||
| Q3 24 | -42.9% | 61.3% | ||
| Q2 24 | -38.4% | 58.6% | ||
| Q1 24 | -39.7% | 50.7% |
净利率ASANRGLD
| Q4 25 | -34.0% | 24.9% | ||
| Q3 25 | -24.6% | 50.3% | ||
| Q2 25 | -21.4% | 63.1% | ||
| Q1 25 | -33.1% | 58.7% | ||
| Q4 24 | -31.2% | 53.0% | ||
| Q3 24 | -40.3% | 49.7% | ||
| Q2 24 | -37.0% | 46.6% | ||
| Q1 24 | -36.5% | 31.7% |
每股收益（稀释后）ASANRGLD
| Q4 25 | $-0.29 | $1.04 | ||
| Q3 25 | $-0.20 | $1.92 | ||
| Q2 25 | $-0.17 | $2.01 | ||
| Q1 25 | $-0.27 | $1.72 | ||
| Q4 24 | $-0.25 | $1.63 | ||
| Q3 24 | $-0.31 | $1.46 | ||
| Q2 24 | $-0.28 | $1.23 | ||
| Q1 24 | $-0.28 | $0.72 |
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 | $183.5M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $188.4M | $7.2B |
| 总资产 | $840.4M | $9.5B |
| 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ASANRGLD
| Q4 25 | $183.5M | $233.7M | ||
| Q3 25 | $184.1M | $172.8M | ||
| Q2 25 | $193.8M | $248.2M | ||
| Q1 25 | $184.7M | $240.8M | ||
| Q4 24 | $196.8M | $195.5M | ||
| Q3 24 | $219.4M | $127.9M | ||
| Q2 24 | $222.0M | $74.2M | ||
| Q1 24 | $236.7M | $137.9M |
总债务ASANRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益ASANRGLD
| Q4 25 | $188.4M | $7.2B | ||
| Q3 25 | $224.6M | $3.4B | ||
| Q2 25 | $236.3M | $3.3B | ||
| Q1 25 | $227.5M | $3.2B | ||
| Q4 24 | $239.3M | $3.1B | ||
| Q3 24 | $291.9M | $3.0B | ||
| Q2 24 | $319.9M | $3.0B | ||
| Q1 24 | $326.4M | $2.9B |
总资产ASANRGLD
| Q4 25 | $840.4M | $9.5B | ||
| Q3 25 | $883.2M | $4.5B | ||
| Q2 25 | $877.1M | $3.6B | ||
| Q1 25 | $891.4M | $3.5B | ||
| Q4 24 | $874.2M | $3.4B | ||
| Q3 24 | $945.4M | $3.3B | ||
| Q2 24 | $978.2M | $3.3B | ||
| Q1 24 | $962.0M | $3.3B |
负债/权益比ASANRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.02× | ||
| Q1 24 | — | — |
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 | $16.2M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $15.5M | — |
| 自由现金流率自由现金流/营收 | 7.7% | — |
| 资本支出强度资本支出/营收 | 0.3% | — |
| 现金转化率经营现金流/净利润 | — | 2.58× |
| 过去12个月自由现金流最近4个季度 | $74.5M | — |
8季度趋势，按日历期对齐
经营现金流ASANRGLD
| Q4 25 | $16.2M | $241.7M | ||
| Q3 25 | $39.8M | $174.0M | ||
| Q2 25 | $6.8M | $152.8M | ||
| Q1 25 | $15.9M | $136.4M | ||
| Q4 24 | $-14.9M | $141.1M | ||
| Q3 24 | $15.9M | $136.7M | ||
| Q2 24 | $-1.9M | $113.5M | ||
| Q1 24 | $-15.3M | $138.3M |
自由现金流ASANRGLD
| Q4 25 | $15.5M | — | ||
| Q3 25 | $38.5M | — | ||
| Q2 25 | $6.1M | — | ||
| Q1 25 | $14.3M | — | ||
| Q4 24 | $-16.3M | — | ||
| Q3 24 | $14.2M | — | ||
| Q2 24 | $-2.9M | — | ||
| Q1 24 | $-15.8M | — |
自由现金流率ASANRGLD
| Q4 25 | 7.7% | — | ||
| Q3 25 | 19.6% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | -8.8% | — | ||
| Q3 24 | 7.9% | — | ||
| Q2 24 | -1.7% | — | ||
| Q1 24 | -9.3% | — |
资本支出强度ASANRGLD
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | 0.3% | — |
现金转化率ASANRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | — | 1.40× | ||
| Q1 24 | — | 2.93× |
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
ASAN
| US | $118.5M | 59% |
| Non Us | $82.5M | 41% |
RGLD
| Gold | $216.9M | 58% |
| Pueblo Viejo | $47.3M | 13% |
| Andacollo | $32.6M | 9% |
| Silver | $32.1M | 9% |
| Other | $27.2M | 7% |
| Copper | $13.7M | 4% |
| Cortez Legacy Zone | $5.4M | 1% |
