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AerSale Corp（ASLE）与沃夫斯沛（WOLF）财务数据对比。点击上方公司名可切换其他公司
沃夫斯沛的季度营收约是AerSale Corp的1.9倍（$168.5M vs $90.9M），AerSale Corp净利率更高（5.9% vs -89.4%，领先95.3%），AerSale Corp同比增速更快（-4.0% vs -6.6%），AerSale Corp自由现金流更多（$9.8M vs $-72.6M），过去两年AerSale Corp的营收复合增速更高（0.2% vs -8.4%）
AerSale Corp总部位于美国佛罗里达州多拉市，是一家面向航空领域的全球供应商，主要为客运及货运航空公司、政府机构、跨国整机制造商与独立维修机构提供商用喷气飞机二手整机、发动机、航空耗材，并提供航空工程服务，同时该公司也是飞机机队回收协会的成员企业。
Wolfspeed, Inc.（原Cree, Inc.）是一家美国宽禁带半导体研发制造商，核心业务聚焦碳化硅材料与功率器件，产品主要应用于交通、电源、功率逆变器以及无线系统等领域，是碳化硅功率半导体领域的领先企业。
ASLE vs WOLF — 直观对比
营收规模更大
WOLF
是对方的1.9倍
$90.9M
营收增速更快
ASLE
高出2.6%
-6.6%
净利率更高
ASLE
高出95.3%
-89.4%
自由现金流更多
ASLE
多$82.4M
$-72.6M
两年增速更快
ASLE
近两年复合增速
-8.4%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $90.9M | $168.5M |
| 净利润 | $5.4M | $-150.6M |
| 毛利率 | 34.1% | -46.5% |
| 营业利润率 | 7.8% | -94.0% |
| 净利率 | 5.9% | -89.4% |
| 营收同比 | -4.0% | -6.6% |
| 净利润同比 | 99.7% | 59.5% |
| 每股收益（稀释后） | $0.10 | $-5.78 |
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ASLEWOLF
| Q4 25 | $90.9M | $168.5M | ||
| Q3 25 | $71.2M | $196.8M | ||
| Q2 25 | $107.4M | $197.0M | ||
| Q1 25 | $65.8M | $185.4M | ||
| Q4 24 | $94.7M | $180.5M | ||
| Q3 24 | $82.7M | $194.7M | ||
| Q2 24 | $77.1M | $200.7M | ||
| Q1 24 | $90.5M | $200.7M |
净利润ASLEWOLF
| Q4 25 | $5.4M | $-150.6M | ||
| Q3 25 | $-120.0K | $-643.6M | ||
| Q2 25 | $8.6M | $-669.3M | ||
| Q1 25 | $-5.3M | $-285.5M | ||
| Q4 24 | $2.7M | $-372.2M | ||
| Q3 24 | $509.0K | $-282.2M | ||
| Q2 24 | $-3.6M | $-174.9M | ||
| Q1 24 | $6.3M | $-148.9M |
毛利率ASLEWOLF
| Q4 25 | 34.1% | -46.5% | ||
| Q3 25 | 30.2% | -39.2% | ||
| Q2 25 | 32.9% | -13.0% | ||
| Q1 25 | 27.3% | -12.1% | ||
| Q4 24 | 31.4% | -20.6% | ||
| Q3 24 | 28.6% | -18.6% | ||
| Q2 24 | 28.2% | 1.2% | ||
| Q1 24 | 31.8% | 11.2% |
营业利润率ASLEWOLF
| Q4 25 | 7.8% | -94.0% | ||
| Q3 25 | 4.0% | -82.0% | ||
| Q2 25 | 11.7% | -295.2% | ||
| Q1 25 | -10.1% | -104.9% | ||
| Q4 24 | 5.2% | -178.9% | ||
| Q3 24 | 2.4% | -118.2% | ||
| Q2 24 | -2.4% | -72.7% | ||
| Q1 24 | 5.2% | -53.0% |
净利率ASLEWOLF
| Q4 25 | 5.9% | -89.4% | ||
| Q3 25 | -0.2% | -327.0% | ||
| Q2 25 | 8.0% | -339.7% | ||
| Q1 25 | -8.0% | -154.0% | ||
| Q4 24 | 2.9% | -206.2% | ||
| Q3 24 | 0.6% | -144.9% | ||
| Q2 24 | -4.7% | -87.1% | ||
| Q1 24 | 6.9% | -74.2% |
每股收益（稀释后）ASLEWOLF
| Q4 25 | $0.10 | $-5.78 | ||
| Q3 25 | $0.00 | $-4.12 | ||
| Q2 25 | $0.18 | $-4.42 | ||
| Q1 25 | $-0.10 | $-1.86 | ||
| Q4 24 | $0.05 | $-2.88 | ||
| Q3 24 | $0.01 | $-2.23 | ||
| Q2 24 | $-0.07 | $-1.39 | ||
| Q1 24 | $0.12 | $-1.18 |
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 | $4.4M | $1.3B |
| 总债务越低越好 | $1.3M | $2.0B |
| 股东权益账面价值 | $424.4M | $627.4M |
| 总资产 | $640.5M | $3.4B |
| 负债/权益比越低杠杆越低 | 0.00× | 3.13× |
8季度趋势，按日历期对齐
现金及短期投资ASLEWOLF
| Q4 25 | $4.4M | $1.3B | ||
| Q3 25 | $5.3M | $926.0M | ||
| Q2 25 | $5.7M | $955.4M | ||
| Q1 25 | $4.7M | $1.3B | ||
| Q4 24 | $4.7M | $1.4B | ||
| Q3 24 | $9.8M | $1.7B | ||
| Q2 24 | $4.3M | $2.2B | ||
| Q1 24 | $2.6M | $2.6B |
总债务ASLEWOLF
| Q4 25 | $1.3M | $2.0B | ||
| Q3 25 | $1.5M | $0 | ||
| Q2 25 | $907.0K | $6.5B | ||
| Q1 25 | $1.1M | $6.5B | ||
| Q4 24 | $1.2M | $6.4B | ||
| Q3 24 | $376.0K | $6.2B | ||
| Q2 24 | $522.0K | $6.2B | ||
| Q1 24 | $3.5M | — |
股东权益ASLEWOLF
| Q4 25 | $424.4M | $627.4M | ||
| Q3 25 | $417.1M | $-1.1B | ||
| Q2 25 | $415.9M | $-447.1M | ||
| Q1 25 | $406.5M | $212.7M | ||
| Q4 24 | $455.6M | $372.6M | ||
| Q3 24 | $451.5M | $628.9M | ||
| Q2 24 | $449.8M | $882.1M | ||
| Q1 24 | $452.0M | $1.0B |
总资产ASLEWOLF
| Q4 25 | $640.5M | $3.4B | ||
| Q3 25 | $646.3M | $6.6B | ||
| Q2 25 | $646.7M | $6.9B | ||
| Q1 25 | $646.1M | $7.6B | ||
| Q4 24 | $604.7M | $7.7B | ||
| Q3 24 | $601.5M | $7.9B | ||
| Q2 24 | $598.7M | $8.0B | ||
| Q1 24 | $571.7M | $7.7B |
负债/权益比ASLEWOLF
| Q4 25 | 0.00× | 3.13× | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | 30.61× | ||
| Q4 24 | 0.00× | 17.24× | ||
| Q3 24 | 0.00× | 9.81× | ||
| Q2 24 | 0.00× | 6.98× | ||
| Q1 24 | 0.01× | — |
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 | $11.4M | $-42.6M |
| 自由现金流经营现金流 - 资本支出 | $9.8M | $-72.6M |
| 自由现金流率自由现金流/营收 | 10.8% | -43.1% |
| 资本支出强度资本支出/营收 | 1.7% | 17.8% |
| 现金转化率经营现金流/净利润 | 2.11× | — |
| 过去12个月自由现金流最近4个季度 | $-29.1M | $-988.1M |
8季度趋势，按日历期对齐
经营现金流ASLEWOLF
| Q4 25 | $11.4M | $-42.6M | ||
| Q3 25 | $-8.9M | $5.7M | ||
| Q2 25 | $19.8M | $-242.5M | ||
| Q1 25 | $-45.2M | $-142.1M | ||
| Q4 24 | $37.5M | $-195.1M | ||
| Q3 24 | $10.4M | $-132.0M | ||
| Q2 24 | $-15.3M | $-239.5M | ||
| Q1 24 | $-21.5M | $-136.2M |
自由现金流ASLEWOLF
| Q4 25 | $9.8M | $-72.6M | ||
| Q3 25 | $-9.8M | $-98.3M | ||
| Q2 25 | $18.6M | $-454.4M | ||
| Q1 25 | $-47.6M | $-362.8M | ||
| Q4 24 | $32.3M | $-596.9M | ||
| Q3 24 | $8.9M | $-569.0M | ||
| Q2 24 | $-18.9M | $-883.8M | ||
| Q1 24 | $-25.0M | $-713.7M |
自由现金流率ASLEWOLF
| Q4 25 | 10.8% | -43.1% | ||
| Q3 25 | -13.8% | -49.9% | ||
| Q2 25 | 17.3% | -230.7% | ||
| Q1 25 | -72.4% | -195.7% | ||
| Q4 24 | 34.0% | -330.7% | ||
| Q3 24 | 10.7% | -292.2% | ||
| Q2 24 | -24.6% | -440.4% | ||
| Q1 24 | -27.7% | -355.6% |
资本支出强度ASLEWOLF
| Q4 25 | 1.7% | 17.8% | ||
| Q3 25 | 1.3% | 52.8% | ||
| Q2 25 | 1.1% | 107.6% | ||
| Q1 25 | 3.7% | 119.0% | ||
| Q4 24 | 5.6% | 222.6% | ||
| Q3 24 | 1.9% | 224.4% | ||
| Q2 24 | 4.7% | 321.0% | ||
| Q1 24 | 3.9% | 287.7% |
现金转化率ASLEWOLF
| Q4 25 | 2.11× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.31× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.89× | — | ||
| Q3 24 | 20.52× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -3.42× | — |
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
ASLE
| Products | $57.8M | 64% |
| Maintenance | $23.2M | 26% |
| Leasing Arrangements | $9.9M | 11% |
WOLF
| Power Products | $118.3M | 70% |
| Materials Products | $50.2M | 30% |
