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亚什兰（ASH）与印度钢铁管理局（SAIL）财务数据对比。点击上方公司名可切换其他公司
亚什兰的季度营收约是印度钢铁管理局的1.4倍（$386.0M vs $281.9M），亚什兰净利率更高（-3.1% vs -12.8%，领先9.7%），印度钢铁管理局同比增速更快（6.7% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $52.5M）
亚什兰是一家总部位于美国特拉华州威尔明顿的化工企业，1924年始创于肯塔基州亚什兰市，最初以炼油业务起家，1994年迁至现总部。公司拥有多个业务板块，覆盖化工中间体与溶剂、复合材料、工业特种化学品、个人及家居护理、制药、食品饮料以及农业相关领域，2017年之前曾是胜牌润滑油的主要生产商。
印度钢铁管理局（SAIL）是总部位于新德里的印度公营钢铁制造企业，属印度最高级别的“马哈拉特纳”中央公共部门企业，是印度最大的国有钢铁生产商，年钢铁产量达1829万吨，1973年1月24日成立，现有员工5.1万余名，由印度钢铁部行政管理。
ASH vs SAIL — 直观对比
营收规模更大
ASH
是对方的1.4倍
$281.9M
营收增速更快
SAIL
高出11.3%
-4.7%
净利率更高
ASH
高出9.7%
-12.8%
自由现金流更多
ASH
多$58.5M
$52.5M
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $281.9M |
| 净利润 | $-12.0M | $-36.0M |
| 毛利率 | 27.2% | 66.3% |
| 营业利润率 | -1.6% | -14.8% |
| 净利率 | -3.1% | -12.8% |
| 营收同比 | -4.7% | 6.7% |
| 净利润同比 | 92.7% | -240.9% |
| 每股收益（稀释后） | $-0.26 | $-0.06 |
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ASHSAIL
| Q4 25 | $386.0M | $281.9M | ||
| Q3 25 | $477.0M | $264.4M | ||
| Q2 25 | $463.0M | $230.5M | ||
| Q1 25 | $479.0M | $240.1M | ||
| Q4 24 | $405.0M | — | ||
| Q3 24 | $521.0M | $198.6M | ||
| Q2 24 | $544.0M | $187.7M | ||
| Q1 24 | $575.0M | — |
净利润ASHSAIL
| Q4 25 | $-12.0M | $-36.0M | ||
| Q3 25 | $31.0M | $-10.6M | ||
| Q2 25 | $-742.0M | $-187.3M | ||
| Q1 25 | $31.0M | $-80.1M | ||
| Q4 24 | $-165.0M | — | ||
| Q3 24 | $17.0M | $-87.1M | ||
| Q2 24 | $6.0M | $-89.2M | ||
| Q1 24 | $120.0M | — |
毛利率ASHSAIL
| Q4 25 | 27.2% | 66.3% | ||
| Q3 25 | 33.3% | 67.3% | ||
| Q2 25 | 28.5% | 55.4% | ||
| Q1 25 | 30.7% | 66.5% | ||
| Q4 24 | 27.4% | — | ||
| Q3 24 | 33.2% | 62.1% | ||
| Q2 24 | 34.2% | 61.5% | ||
| Q1 24 | 28.0% | — |
营业利润率ASHSAIL
| Q4 25 | -1.6% | -14.8% | ||
| Q3 25 | 12.8% | -15.4% | ||
| Q2 25 | -152.9% | -80.3% | ||
| Q1 25 | 10.6% | -12.6% | ||
| Q4 24 | -44.2% | — | ||
| Q3 24 | 6.1% | -33.2% | ||
| Q2 24 | -11.2% | -36.3% | ||
| Q1 24 | 3.7% | — |
净利率ASHSAIL
| Q4 25 | -3.1% | -12.8% | ||
| Q3 25 | 6.5% | -4.0% | ||
| Q2 25 | -160.3% | -81.3% | ||
| Q1 25 | 6.5% | -33.4% | ||
| Q4 24 | -40.7% | — | ||
| Q3 24 | 3.3% | -43.9% | ||
| Q2 24 | 1.1% | -47.5% | ||
| Q1 24 | 20.9% | — |
每股收益（稀释后）ASHSAIL
| Q4 25 | $-0.26 | $-0.06 | ||
| Q3 25 | $0.83 | $-0.02 | ||
| Q2 25 | $-16.21 | $-0.42 | ||
| Q1 25 | $0.65 | $-6.50 | ||
| Q4 24 | $-3.50 | — | ||
| Q3 24 | $0.34 | $-2.97 | ||
| Q2 24 | $0.12 | $-0.77 | ||
| Q1 24 | $2.39 | — |
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 | $304.0M | $298.1M |
| 总债务越低越好 | $1.4B | $0 |
| 股东权益账面价值 | $1.9B | $6.8B |
| 总资产 | $4.5B | $7.5B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ASHSAIL
| Q4 25 | $304.0M | $298.1M | ||
| Q3 25 | $215.0M | $271.1M | ||
| Q2 25 | $207.0M | $228.1M | ||
| Q1 25 | $168.0M | $121.3M | ||
| Q4 24 | $219.0M | — | ||
| Q3 24 | $300.0M | $89.7M | ||
| Q2 24 | $399.0M | $146.8M | ||
| Q1 24 | $439.0M | — |
总债务ASHSAIL
| Q4 25 | $1.4B | $0 | ||
| Q3 25 | $1.4B | $0 | ||
| Q2 25 | $1.4B | $0 | ||
| Q1 25 | $1.3B | $1.0B | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
股东权益ASHSAIL
| Q4 25 | $1.9B | $6.8B | ||
| Q3 25 | $1.9B | $6.8B | ||
| Q2 25 | $1.9B | $6.8B | ||
| Q1 25 | $2.6B | $-5.6B | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.9B | $-701.3M | ||
| Q2 24 | $3.0B | $-622.5M | ||
| Q1 24 | $3.1B | — |
总资产ASHSAIL
| Q4 25 | $4.5B | $7.5B | ||
| Q3 25 | $4.6B | $7.4B | ||
| Q2 25 | $4.6B | $7.4B | ||
| Q1 25 | $5.2B | $7.4B | ||
| Q4 24 | $5.2B | — | ||
| Q3 24 | $5.6B | — | ||
| Q2 24 | $5.7B | — | ||
| Q1 24 | $5.9B | — |
负债/权益比ASHSAIL
| Q4 25 | 0.74× | 0.00× | ||
| Q3 25 | 0.73× | 0.00× | ||
| Q2 25 | 0.73× | 0.00× | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.45× | — | ||
| Q1 24 | 0.42× | — |
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 | $125.0M | $53.6M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $52.5M |
| 自由现金流率自由现金流/营收 | 28.8% | 18.6% |
| 资本支出强度资本支出/营收 | 3.6% | 0.4% |
| 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 | $200.0M | — |
8季度趋势，按日历期对齐
经营现金流ASHSAIL
| Q4 25 | $125.0M | $53.6M | ||
| Q3 25 | $40.0M | $49.9M | ||
| Q2 25 | $115.0M | $-96.8M | ||
| Q1 25 | $9.0M | — | ||
| Q4 24 | $-30.0M | — | ||
| Q3 24 | $80.0M | — | ||
| Q2 24 | $127.0M | $-55.4M | ||
| Q1 24 | $54.0M | — |
自由现金流ASHSAIL
| Q4 25 | $111.0M | $52.5M | ||
| Q3 25 | $6.0M | $49.0M | ||
| Q2 25 | $95.0M | $-99.0M | ||
| Q1 25 | $-12.0M | — | ||
| Q4 24 | $-53.0M | — | ||
| Q3 24 | $42.0M | — | ||
| Q2 24 | $98.0M | $-56.0M | ||
| Q1 24 | $20.0M | — |
自由现金流率ASHSAIL
| Q4 25 | 28.8% | 18.6% | ||
| Q3 25 | 1.3% | 18.5% | ||
| Q2 25 | 20.5% | -43.0% | ||
| Q1 25 | -2.5% | — | ||
| Q4 24 | -13.1% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 18.0% | -29.8% | ||
| Q1 24 | 3.5% | — |
资本支出强度ASHSAIL
| Q4 25 | 3.6% | 0.4% | ||
| Q3 25 | 7.1% | 0.4% | ||
| Q2 25 | 4.3% | 1.0% | ||
| Q1 25 | 4.4% | — | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 5.3% | 0.3% | ||
| Q1 24 | 5.9% | — |
现金转化率ASHSAIL
| Q4 25 | — | — | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.71× | — | ||
| Q2 24 | 21.17× | — | ||
| Q1 24 | 0.45× | — |
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
ASH
| Personal Care And Household | $123.0M | 32% |
| Other | $120.0M | 31% |
| Specialty Additives | $36.0M | 9% |
| Intermediates And Solvents | $31.0M | 8% |
| Personal Care | $30.0M | 8% |
| Life Sciences | $27.0M | 7% |
| Intermediates | $19.0M | 5% |
SAIL
| Software As A Service Saa S | $156.0M | 55% |
| Term Subscriptions Services | $65.1M | 23% |
| Maintenance | $38.0M | 13% |
| Other | $15.7M | 6% |
| Other Subscription Services | $7.1M | 3% |
