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AdvanSix Inc.（ASIX）与Forestar Group Inc.（FOR）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Forestar Group Inc.的1.3倍（$359.9M vs $273.0M），Forestar Group Inc.净利率更高（5.6% vs -0.8%，领先6.4%），AdvanSix Inc.同比增速更快（9.4% vs 9.0%），AdvanSix Inc.自由现金流更多（$36.1M vs $-157.1M），过去两年AdvanSix Inc.的营收复合增速更高（3.4% vs -9.6%）
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。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
ASIX vs FOR — 直观对比
营收规模更大
ASIX
是对方的1.3倍
$273.0M
营收增速更快
ASIX
高出0.4%
9.0%
净利率更高
FOR
高出6.4%
-0.8%
自由现金流更多
ASIX
多$193.2M
$-157.1M
两年增速更快
ASIX
近两年复合增速
-9.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $359.9M | $273.0M |
| 净利润 | $-2.8M | $15.4M |
| 毛利率 | 7.6% | 20.1% |
| 营业利润率 | -0.7% | 7.6% |
| 净利率 | -0.8% | 5.6% |
| 营收同比 | 9.4% | 9.0% |
| 净利润同比 | -892.9% | -6.7% |
| 每股收益（稀释后） | $-0.11 | $0.30 |
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ASIXFOR
| Q4 25 | $359.9M | $273.0M | ||
| Q3 25 | $374.5M | $670.5M | ||
| Q2 25 | $410.0M | $390.5M | ||
| Q1 25 | $377.8M | $351.0M | ||
| Q4 24 | $329.1M | $250.4M | ||
| Q3 24 | $398.2M | $551.3M | ||
| Q2 24 | $453.5M | $318.4M | ||
| Q1 24 | $336.8M | $333.8M |
净利润ASIXFOR
| Q4 25 | $-2.8M | $15.4M | ||
| Q3 25 | $-2.6M | $86.9M | ||
| Q2 25 | $31.4M | $32.9M | ||
| Q1 25 | $23.3M | $31.6M | ||
| Q4 24 | $352.0K | $16.5M | ||
| Q3 24 | $22.3M | $81.5M | ||
| Q2 24 | $38.9M | $38.7M | ||
| Q1 24 | $-17.4M | $45.0M |
毛利率ASIXFOR
| Q4 25 | 7.6% | 20.1% | ||
| Q3 25 | 6.8% | 22.3% | ||
| Q2 25 | 14.3% | 20.4% | ||
| Q1 25 | 14.2% | 22.6% | ||
| Q4 24 | 3.4% | 22.0% | ||
| Q3 24 | 14.4% | 23.9% | ||
| Q2 24 | 17.9% | 22.5% | ||
| Q1 24 | 0.9% | 24.9% |
营业利润率ASIXFOR
| Q4 25 | -0.7% | 7.6% | ||
| Q3 25 | -0.9% | 16.9% | ||
| Q2 25 | 7.7% | 11.2% | ||
| Q1 25 | 7.7% | 11.6% | ||
| Q4 24 | -3.9% | 8.7% | ||
| Q3 24 | 7.5% | 19.7% | ||
| Q2 24 | 11.5% | 16.2% | ||
| Q1 24 | -7.0% | 17.6% |
净利率ASIXFOR
| Q4 25 | -0.8% | 5.6% | ||
| Q3 25 | -0.7% | 13.0% | ||
| Q2 25 | 7.7% | 8.4% | ||
| Q1 25 | 6.2% | 9.0% | ||
| Q4 24 | 0.1% | 6.6% | ||
| Q3 24 | 5.6% | 14.8% | ||
| Q2 24 | 8.6% | 12.2% | ||
| Q1 24 | -5.2% | 13.5% |
每股收益（稀释后）ASIXFOR
| Q4 25 | $-0.11 | $0.30 | ||
| Q3 25 | $-0.10 | $1.70 | ||
| Q2 25 | $1.15 | $0.65 | ||
| Q1 25 | $0.86 | $0.62 | ||
| Q4 24 | $0.02 | $0.32 | ||
| Q3 24 | $0.82 | $1.59 | ||
| Q2 24 | $1.43 | $0.76 | ||
| Q1 24 | $-0.65 | $0.89 |
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 | $19.8M | $211.7M |
| 总债务越低越好 | — | $793.2M |
| 股东权益账面价值 | $815.2M | $1.8B |
| 总资产 | $1.7B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资ASIXFOR
| Q4 25 | $19.8M | $211.7M | ||
| Q3 25 | $23.7M | $379.2M | ||
| Q2 25 | $18.4M | $189.2M | ||
| Q1 25 | $8.3M | $174.3M | ||
| Q4 24 | $19.6M | $132.0M | ||
| Q3 24 | $17.3M | $481.2M | ||
| Q2 24 | $12.1M | $359.2M | ||
| Q1 24 | $20.6M | $416.2M |
总债务ASIXFOR
| Q4 25 | — | $793.2M | ||
| Q3 25 | — | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | — | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M | ||
| Q1 24 | — | $705.7M |
股东权益ASIXFOR
| Q4 25 | $815.2M | $1.8B | ||
| Q3 25 | $818.2M | $1.8B | ||
| Q2 25 | $823.7M | $1.7B | ||
| Q1 25 | $794.4M | $1.6B | ||
| Q4 24 | $774.6M | $1.6B | ||
| Q3 24 | $766.4M | $1.6B | ||
| Q2 24 | $746.6M | $1.5B | ||
| Q1 24 | $713.2M | $1.5B |
总资产ASIXFOR
| Q4 25 | $1.7B | $3.2B | ||
| Q3 25 | $1.7B | $3.1B | ||
| Q2 25 | $1.6B | $3.1B | ||
| Q1 25 | $1.6B | $3.0B | ||
| Q4 24 | $1.6B | $3.0B | ||
| Q3 24 | $1.5B | $2.8B | ||
| Q2 24 | $1.5B | $2.7B | ||
| Q1 24 | $1.5B | $2.6B |
负债/权益比ASIXFOR
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.48× |
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 | $63.7M | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $36.1M | $-157.1M |
| 自由现金流率自由现金流/营收 | 10.0% | -57.5% |
| 资本支出强度资本支出/营收 | 7.7% | 0.0% |
| 现金转化率经营现金流/净利润 | — | -10.19× |
| 过去12个月自由现金流最近4个季度 | $6.4M | $93.0M |
8季度趋势，按日历期对齐
经营现金流ASIXFOR
| Q4 25 | $63.7M | $-157.0M | ||
| Q3 25 | $26.6M | $256.3M | ||
| Q2 25 | $21.1M | $15.8M | ||
| Q1 25 | $11.4M | $-19.8M | ||
| Q4 24 | $64.2M | $-450.0M | ||
| Q3 24 | $57.3M | $119.2M | ||
| Q2 24 | $50.2M | $-61.7M | ||
| Q1 24 | $-36.2M | $-59.2M |
自由现金流ASIXFOR
| Q4 25 | $36.1M | $-157.1M | ||
| Q3 25 | $66.0K | $255.6M | ||
| Q2 25 | $-7.2M | $15.0M | ||
| Q1 25 | $-22.6M | $-20.5M | ||
| Q4 24 | $29.8M | — | ||
| Q3 24 | $26.8M | $118.4M | ||
| Q2 24 | $16.7M | $-62.3M | ||
| Q1 24 | $-71.6M | $-59.8M |
自由现金流率ASIXFOR
| Q4 25 | 10.0% | -57.5% | ||
| Q3 25 | 0.0% | 38.1% | ||
| Q2 25 | -1.7% | 3.8% | ||
| Q1 25 | -6.0% | -5.8% | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | 6.7% | 21.5% | ||
| Q2 24 | 3.7% | -19.6% | ||
| Q1 24 | -21.3% | -17.9% |
资本支出强度ASIXFOR
| Q4 25 | 7.7% | 0.0% | ||
| Q3 25 | 7.1% | 0.1% | ||
| Q2 25 | 6.9% | 0.2% | ||
| Q1 25 | 9.0% | 0.2% | ||
| Q4 24 | 10.4% | 0.0% | ||
| Q3 24 | 7.7% | 0.1% | ||
| Q2 24 | 7.4% | 0.2% | ||
| Q1 24 | 10.5% | 0.2% |
现金转化率ASIXFOR
| Q4 25 | — | -10.19× | ||
| Q3 25 | — | 2.95× | ||
| Q2 25 | 0.67× | 0.48× | ||
| Q1 25 | 0.49× | -0.63× | ||
| Q4 24 | 182.29× | -27.27× | ||
| Q3 24 | 2.57× | 1.46× | ||
| Q2 24 | 1.29× | -1.59× | ||
| Q1 24 | — | -1.32× |
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
ASIX
| Plant Nutrients | $140.0M | 39% |
| Chemical Intermediates | $92.8M | 26% |
| Caprolactam | $64.4M | 18% |
| Nylon Resins | $62.8M | 17% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
