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AdvanSix Inc.（ASIX）与罗塞塔石碑（STEP）财务数据对比。点击上方公司名可切换其他公司
罗塞塔石碑的季度营收约是AdvanSix Inc.的1.6倍（$586.5M vs $359.9M），AdvanSix Inc.净利率更高（-0.8% vs -21.0%，领先20.3%），罗塞塔石碑同比增速更快（73.0% vs 9.4%），AdvanSix Inc.自由现金流更多（$36.1M vs $26.7M），过去两年罗塞塔石碑的营收复合增速更高（28.2% vs 3.4%）
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。
罗塞塔石碑是美国教育科技软件企业，开发语言学习、读写能力提升及脑训练类软件，旗下语言学习产品知名度极高。2013年公司收购Livemocha、Lexia Learning等品牌拓展教育科技业务矩阵，2021年正式成为IXL Learning的子公司。
ASIX vs STEP — 直观对比
营收规模更大
STEP
是对方的1.6倍
$359.9M
营收增速更快
STEP
高出63.6%
9.4%
净利率更高
ASIX
高出20.3%
-21.0%
自由现金流更多
ASIX
多$9.4M
$26.7M
两年增速更快
STEP
近两年复合增速
3.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $359.9M | $586.5M |
| 净利润 | $-2.8M | $-123.5M |
| 毛利率 | 7.6% | — |
| 营业利润率 | -0.7% | -33.2% |
| 净利率 | -0.8% | -21.0% |
| 营收同比 | 9.4% | 73.0% |
| 净利润同比 | -892.9% | 35.7% |
| 每股收益（稀释后） | $-0.11 | $-1.55 |
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ASIXSTEP
| Q4 25 | $359.9M | $586.5M | ||
| Q3 25 | $374.5M | $454.2M | ||
| Q2 25 | $410.0M | $364.3M | ||
| Q1 25 | $377.8M | $377.7M | ||
| Q4 24 | $329.1M | $339.0M | ||
| Q3 24 | $398.2M | $271.7M | ||
| Q2 24 | $453.5M | $186.4M | ||
| Q1 24 | $336.8M | $356.8M |
净利润ASIXSTEP
| Q4 25 | $-2.8M | $-123.5M | ||
| Q3 25 | $-2.6M | $-366.1M | ||
| Q2 25 | $31.4M | $-38.4M | ||
| Q1 25 | $23.3M | $-18.5M | ||
| Q4 24 | $352.0K | $-192.0M | ||
| Q3 24 | $22.3M | $17.6M | ||
| Q2 24 | $38.9M | $13.3M | ||
| Q1 24 | $-17.4M | $30.8M |
毛利率ASIXSTEP
| Q4 25 | 7.6% | — | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | 14.3% | — | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | 3.4% | — | ||
| Q3 24 | 14.4% | — | ||
| Q2 24 | 17.9% | — | ||
| Q1 24 | 0.9% | — |
营业利润率ASIXSTEP
| Q4 25 | -0.7% | -33.2% | ||
| Q3 25 | -0.9% | -148.8% | ||
| Q2 25 | 7.7% | -5.6% | ||
| Q1 25 | 7.7% | 2.6% | ||
| Q4 24 | -3.9% | -101.7% | ||
| Q3 24 | 7.5% | 21.3% | ||
| Q2 24 | 11.5% | 29.4% | ||
| Q1 24 | -7.0% | 26.5% |
净利率ASIXSTEP
| Q4 25 | -0.8% | -21.0% | ||
| Q3 25 | -0.7% | -80.6% | ||
| Q2 25 | 7.7% | -10.5% | ||
| Q1 25 | 6.2% | -4.9% | ||
| Q4 24 | 0.1% | -56.6% | ||
| Q3 24 | 5.6% | 6.5% | ||
| Q2 24 | 8.6% | 7.2% | ||
| Q1 24 | -5.2% | 8.6% |
每股收益（稀释后）ASIXSTEP
| Q4 25 | $-0.11 | $-1.55 | ||
| Q3 25 | $-0.10 | $-4.66 | ||
| Q2 25 | $1.15 | $-0.49 | ||
| Q1 25 | $0.86 | $-0.37 | ||
| Q4 24 | $0.02 | $-2.61 | ||
| Q3 24 | $0.82 | $0.26 | ||
| Q2 24 | $1.43 | $0.20 | ||
| Q1 24 | $-0.65 | $0.47 |
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 | — |
| 总债务越低越好 | — | $270.2M |
| 股东权益账面价值 | $815.2M | $-378.8M |
| 总资产 | $1.7B | $5.2B |
| 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ASIXSTEP
| Q4 25 | $19.8M | — | ||
| Q3 25 | $23.7M | — | ||
| Q2 25 | $18.4M | — | ||
| Q1 25 | $8.3M | — | ||
| Q4 24 | $19.6M | — | ||
| Q3 24 | $17.3M | — | ||
| Q2 24 | $12.1M | — | ||
| Q1 24 | $20.6M | — |
总债务ASIXSTEP
| Q4 25 | — | $270.2M | ||
| Q3 25 | — | $269.9M | ||
| Q2 25 | — | $269.6M | ||
| Q1 25 | — | $269.3M | ||
| Q4 24 | — | $168.9M | ||
| Q3 24 | — | $172.3M | ||
| Q2 24 | — | $172.1M | ||
| Q1 24 | — | $148.8M |
股东权益ASIXSTEP
| Q4 25 | $815.2M | $-378.8M | ||
| Q3 25 | $818.2M | $-233.5M | ||
| Q2 25 | $823.7M | $153.9M | ||
| Q1 25 | $794.4M | $179.4M | ||
| Q4 24 | $774.6M | $209.8M | ||
| Q3 24 | $766.4M | $397.5M | ||
| Q2 24 | $746.6M | $366.9M | ||
| Q1 24 | $713.2M | $324.5M |
总资产ASIXSTEP
| Q4 25 | $1.7B | $5.2B | ||
| Q3 25 | $1.7B | $5.3B | ||
| Q2 25 | $1.6B | $4.8B | ||
| Q1 25 | $1.6B | $4.6B | ||
| Q4 24 | $1.6B | $4.3B | ||
| Q3 24 | $1.5B | $4.0B | ||
| Q2 24 | $1.5B | $3.8B | ||
| Q1 24 | $1.5B | $3.8B |
负债/权益比ASIXSTEP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | — | 1.50× | ||
| Q4 24 | — | 0.81× | ||
| Q3 24 | — | 0.43× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.46× |
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 | $27.2M |
| 自由现金流经营现金流 - 资本支出 | $36.1M | $26.7M |
| 自由现金流率自由现金流/营收 | 10.0% | 4.6% |
| 资本支出强度资本支出/营收 | 7.7% | 0.1% |
| 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 | $6.4M | $18.6M |
8季度趋势，按日历期对齐
经营现金流ASIXSTEP
| Q4 25 | $63.7M | $27.2M | ||
| Q3 25 | $26.6M | $16.2M | ||
| Q2 25 | $21.1M | $46.3M | ||
| Q1 25 | $11.4M | $-66.5M | ||
| Q4 24 | $64.2M | $27.6M | ||
| Q3 24 | $57.3M | $53.7M | ||
| Q2 24 | $50.2M | $50.2M | ||
| Q1 24 | $-36.2M | $7.6M |
自由现金流ASIXSTEP
| Q4 25 | $36.1M | $26.7M | ||
| Q3 25 | $66.0K | $15.9M | ||
| Q2 25 | $-7.2M | $45.2M | ||
| Q1 25 | $-22.6M | $-69.2M | ||
| Q4 24 | $29.8M | $27.0M | ||
| Q3 24 | $26.8M | $52.4M | ||
| Q2 24 | $16.7M | $49.6M | ||
| Q1 24 | $-71.6M | $6.7M |
自由现金流率ASIXSTEP
| Q4 25 | 10.0% | 4.6% | ||
| Q3 25 | 0.0% | 3.5% | ||
| Q2 25 | -1.7% | 12.4% | ||
| Q1 25 | -6.0% | -18.3% | ||
| Q4 24 | 9.1% | 8.0% | ||
| Q3 24 | 6.7% | 19.3% | ||
| Q2 24 | 3.7% | 26.6% | ||
| Q1 24 | -21.3% | 1.9% |
资本支出强度ASIXSTEP
| Q4 25 | 7.7% | 0.1% | ||
| Q3 25 | 7.1% | 0.1% | ||
| Q2 25 | 6.9% | 0.3% | ||
| Q1 25 | 9.0% | 0.7% | ||
| Q4 24 | 10.4% | 0.2% | ||
| Q3 24 | 7.7% | 0.5% | ||
| Q2 24 | 7.4% | 0.3% | ||
| Q1 24 | 10.5% | 0.3% |
现金转化率ASIXSTEP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 182.29× | — | ||
| Q3 24 | 2.57× | 3.05× | ||
| Q2 24 | 1.29× | 3.76× | ||
| Q1 24 | — | 0.25× |
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% |
STEP
| Other | $210.1M | 36% |
| Management And Advisory Fees Net Focused Commingled Funds | $143.3M | 24% |
| Carried Interest Allocation Focused Commingled Funds | $85.1M | 15% |
| Carried Interest Allocation Separately Managed Accounts | $63.6M | 11% |
| Carried Interest Allocation Realized | $46.7M | 8% |
| Management And Advisory Fees Net Advisory And Other Services | $18.3M | 3% |
| Legacy Carried Interest Allocation Focused Commingled Funds | $10.3M | 2% |
| Income Based Incentive Fees | $6.0M | 1% |
| Management And Advisory Fees Net Fund Reimbursement Revenues | $3.1M | 1% |
