vs
AdvanSix Inc.（ASIX）与INNOVATE Corp.（VATE）财务数据对比。点击上方公司名可切换其他公司
INNOVATE Corp.的季度营收约是AdvanSix Inc.的1.1倍（$382.7M vs $359.9M），AdvanSix Inc.净利率更高（-0.8% vs -1.9%，领先1.2%），INNOVATE Corp.同比增速更快（61.7% vs 9.4%），过去两年INNOVATE Corp.的营收复合增速更高（10.2% 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。
创新公司（Innovate Corp.）是一家美国上市金融服务企业，创立于1994年，深耕金融服务领域，面向市场提供多元专业金融相关服务，是美国本土具备多年运营经验的公众金融服务机构。
ASIX vs VATE — 直观对比
营收规模更大
VATE
是对方的1.1倍
$359.9M
营收增速更快
VATE
高出52.4%
9.4%
净利率更高
ASIX
高出1.2%
-1.9%
两年增速更快
VATE
近两年复合增速
3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $359.9M | $382.7M |
| 净利润 | $-2.8M | $-7.4M |
| 毛利率 | 7.6% | 15.4% |
| 营业利润率 | -0.7% | 3.7% |
| 净利率 | -0.8% | -1.9% |
| 营收同比 | 9.4% | 61.7% |
| 净利润同比 | -892.9% | 55.4% |
| 每股收益（稀释后） | $-0.11 | $-0.57 |
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ASIXVATE
| Q4 25 | $359.9M | $382.7M | ||
| Q3 25 | $374.5M | $347.1M | ||
| Q2 25 | $410.0M | $242.0M | ||
| Q1 25 | $377.8M | $274.2M | ||
| Q4 24 | $329.1M | $236.6M | ||
| Q3 24 | $398.2M | $242.2M | ||
| Q2 24 | $453.5M | $313.1M | ||
| Q1 24 | $336.8M | $315.2M |
净利润ASIXVATE
| Q4 25 | $-2.8M | $-7.4M | ||
| Q3 25 | $-2.6M | $-8.9M | ||
| Q2 25 | $31.4M | $-19.8M | ||
| Q1 25 | $23.3M | $-24.5M | ||
| Q4 24 | $352.0K | $-16.6M | ||
| Q3 24 | $22.3M | $-15.0M | ||
| Q2 24 | $38.9M | $14.4M | ||
| Q1 24 | $-17.4M | $-17.4M |
毛利率ASIXVATE
| Q4 25 | 7.6% | 15.4% | ||
| Q3 25 | 6.8% | 14.3% | ||
| Q2 25 | 14.3% | 18.8% | ||
| Q1 25 | 14.2% | 16.6% | ||
| Q4 24 | 3.4% | 19.6% | ||
| Q3 24 | 14.4% | 19.9% | ||
| Q2 24 | 17.9% | 21.0% | ||
| Q1 24 | 0.9% | 15.4% |
营业利润率ASIXVATE
| Q4 25 | -0.7% | 3.7% | ||
| Q3 25 | -0.9% | 1.8% | ||
| Q2 25 | 7.7% | 2.0% | ||
| Q1 25 | 7.7% | 1.2% | ||
| Q4 24 | -3.9% | 1.1% | ||
| Q3 24 | 7.5% | 2.4% | ||
| Q2 24 | 11.5% | 9.2% | ||
| Q1 24 | -7.0% | 0.9% |
净利率ASIXVATE
| Q4 25 | -0.8% | -1.9% | ||
| Q3 25 | -0.7% | -2.6% | ||
| Q2 25 | 7.7% | -8.2% | ||
| Q1 25 | 6.2% | -8.9% | ||
| Q4 24 | 0.1% | -7.0% | ||
| Q3 24 | 5.6% | -6.2% | ||
| Q2 24 | 8.6% | 4.6% | ||
| Q1 24 | -5.2% | -5.5% |
每股收益（稀释后）ASIXVATE
| Q4 25 | $-0.11 | $-0.57 | ||
| Q3 25 | $-0.10 | $-0.71 | ||
| Q2 25 | $1.15 | $-1.67 | ||
| Q1 25 | $0.86 | $-1.89 | ||
| Q4 24 | $0.02 | $-0.72 | ||
| Q3 24 | $0.82 | $-1.18 | ||
| Q2 24 | $1.43 | $1.03 | ||
| Q1 24 | $-0.65 | $-2.21 |
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 | $112.1M |
| 总债务越低越好 | — | $80.3M |
| 股东权益账面价值 | $815.2M | $-240.1M |
| 总资产 | $1.7B | $950.1M |
| 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ASIXVATE
| Q4 25 | $19.8M | $112.1M | ||
| Q3 25 | $23.7M | $35.5M | ||
| Q2 25 | $18.4M | $33.4M | ||
| Q1 25 | $8.3M | $33.3M | ||
| Q4 24 | $19.6M | $48.8M | ||
| Q3 24 | $17.3M | $51.0M | ||
| Q2 24 | $12.1M | $80.2M | ||
| Q1 24 | $20.6M | $38.4M |
总债务ASIXVATE
| Q4 25 | — | $80.3M | ||
| Q3 25 | — | $97.3M | ||
| Q2 25 | — | $160.1M | ||
| Q1 25 | — | $139.9M | ||
| Q4 24 | — | $500.6M | ||
| Q3 24 | — | $502.4M | ||
| Q2 24 | — | $638.3M | ||
| Q1 24 | — | $641.5M |
股东权益ASIXVATE
| Q4 25 | $815.2M | $-240.1M | ||
| Q3 25 | $818.2M | $-233.3M | ||
| Q2 25 | $823.7M | $-224.8M | ||
| Q1 25 | $794.4M | $-204.2M | ||
| Q4 24 | $774.6M | $-180.4M | ||
| Q3 24 | $766.4M | $-163.1M | ||
| Q2 24 | $746.6M | $-149.0M | ||
| Q1 24 | $713.2M | $-184.4M |
总资产ASIXVATE
| Q4 25 | $1.7B | $950.1M | ||
| Q3 25 | $1.7B | $913.2M | ||
| Q2 25 | $1.6B | $890.9M | ||
| Q1 25 | $1.6B | $868.0M | ||
| Q4 24 | $1.6B | $891.1M | ||
| Q3 24 | $1.5B | $897.2M | ||
| Q2 24 | $1.5B | $898.9M | ||
| Q1 24 | $1.5B | $943.5M |
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 | $101.1M |
| 自由现金流经营现金流 - 资本支出 | $36.1M | — |
| 自由现金流率自由现金流/营收 | 10.0% | — |
| 资本支出强度资本支出/营收 | 7.7% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流ASIXVATE
| Q4 25 | $63.7M | $101.1M | ||
| Q3 25 | $26.6M | $19.2M | ||
| Q2 25 | $21.1M | $40.4M | ||
| Q1 25 | $11.4M | $-14.1M | ||
| Q4 24 | $64.2M | $41.4M | ||
| Q3 24 | $57.3M | $-28.4M | ||
| Q2 24 | $50.2M | $21.5M | ||
| Q1 24 | $-36.2M | $-25.4M |
自由现金流ASIXVATE
| Q4 25 | $36.1M | — | ||
| Q3 25 | $66.0K | $19.0M | ||
| Q2 25 | $-7.2M | — | ||
| Q1 25 | $-22.6M | $-18.8M | ||
| Q4 24 | $29.8M | $34.2M | ||
| Q3 24 | $26.8M | $-31.5M | ||
| Q2 24 | $16.7M | $18.4M | ||
| Q1 24 | $-71.6M | $-31.0M |
自由现金流率ASIXVATE
| Q4 25 | 10.0% | — | ||
| Q3 25 | 0.0% | 5.5% | ||
| Q2 25 | -1.7% | — | ||
| Q1 25 | -6.0% | -6.9% | ||
| Q4 24 | 9.1% | 14.5% | ||
| Q3 24 | 6.7% | -13.0% | ||
| Q2 24 | 3.7% | 5.9% | ||
| Q1 24 | -21.3% | -9.8% |
资本支出强度ASIXVATE
| Q4 25 | 7.7% | — | ||
| Q3 25 | 7.1% | 0.1% | ||
| Q2 25 | 6.9% | — | ||
| Q1 25 | 9.0% | 1.7% | ||
| Q4 24 | 10.4% | 3.0% | ||
| Q3 24 | 7.7% | 1.3% | ||
| Q2 24 | 7.4% | 1.0% | ||
| Q1 24 | 10.5% | 1.8% |
现金转化率ASIXVATE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 182.29× | — | ||
| Q3 24 | 2.57× | — | ||
| Q2 24 | 1.29× | 1.49× | ||
| Q1 24 | — | — |
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% |
VATE
| Commercial Revenue | $126.1M | 33% |
| Industrial Revenue | $87.5M | 23% |
| Transportation Revenue | $58.4M | 15% |
| Healthcare Revenue | $48.4M | 13% |
| Government Revenue | $44.3M | 12% |
| Energy Revenue | $8.0M | 2% |
| Broadcast Station Revenue | $5.7M | 1% |
| Systems And Consumables Revenue | $3.1M | 1% |
| Leisure Revenue | $200.0K | 0% |
