vs
Ascendis Pharma A/S（ASND）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
世纪互联的季度营收约是Ascendis Pharma A/S的1.4倍（$362.7M vs $267.3M），过去两年Ascendis Pharma A/S的营收复合增速更高（60.7% vs 17.4%）
Ascendis Pharma A/S是一家聚焦内分泌疾病治疗领域的生物制药企业，核心业务覆盖生长激素疗法的研发、生产与商业化。其依托重组DNA技术生产的生长激素类处方药物，可用于治疗多种生长激素缺乏相关适应症，临床应用场景广泛。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
ASND vs VNET — 直观对比
营收规模更大
VNET
是对方的1.4倍
$267.3M
两年增速更快
ASND
近两年复合增速
17.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $267.3M | $362.7M |
| 净利润 | — | $-38.7M |
| 毛利率 | 90.5% | 20.9% |
| 营业利润率 | — | 0.5% |
| 净利率 | — | -10.7% |
| 营收同比 | 42.3% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | — |
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ASNDVNET
| Q4 25 | $267.3M | — | ||
| Q3 25 | $230.7M | $362.7M | ||
| Q2 25 | $170.7M | — | ||
| Q1 25 | $109.0M | $309.5M | ||
| Q4 24 | $187.8M | — | ||
| Q3 24 | $62.5M | $302.2M | ||
| Q2 24 | $38.9M | $274.4M | ||
| Q1 24 | $103.6M | $262.9M |
净利润ASNDVNET
| Q4 25 | — | — | ||
| Q3 25 | $-65.9M | $-38.7M | ||
| Q2 25 | $-42.0M | — | ||
| Q1 25 | $-102.2M | $-2.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-107.1M | $-2.1M | ||
| Q2 24 | $-118.1M | $-1.1M | ||
| Q1 24 | $-141.5M | $-22.0M |
毛利率ASNDVNET
| Q4 25 | 90.5% | — | ||
| Q3 25 | 89.5% | 20.9% | ||
| Q2 25 | 80.1% | — | ||
| Q1 25 | 82.6% | 25.2% | ||
| Q4 24 | 91.9% | — | ||
| Q3 24 | 80.6% | 23.2% | ||
| Q2 24 | 68.2% | 21.3% | ||
| Q1 24 | 92.1% | 21.6% |
营业利润率ASNDVNET
| Q4 25 | — | — | ||
| Q3 25 | 5.1% | 0.5% | ||
| Q2 25 | -33.5% | — | ||
| Q1 25 | -103.2% | 0.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | -167.3% | 24.5% | ||
| Q2 24 | -370.2% | 0.2% | ||
| Q1 24 | -51.2% | 0.2% |
净利率ASNDVNET
| Q4 25 | — | — | ||
| Q3 25 | -28.5% | -10.7% | ||
| Q2 25 | -24.6% | — | ||
| Q1 25 | -93.7% | -0.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | -171.5% | -0.7% | ||
| Q2 24 | -303.9% | -0.4% | ||
| Q1 24 | -136.6% | -8.4% |
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 | $665.3M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-175.8M | $890.8M |
| 总资产 | $1.4B | $6.1B |
| 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ASNDVNET
| Q4 25 | $665.3M | — | ||
| Q3 25 | $582.2M | $492.1M | ||
| Q2 25 | $533.6M | — | ||
| Q1 25 | $559.4M | $544.3M | ||
| Q4 24 | $604.3M | — | ||
| Q3 24 | $675.6M | $219.5M | ||
| Q2 24 | $279.4M | $247.2M | ||
| Q1 24 | $345.9M | $246.9M |
总债务ASNDVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ASNDVNET
| Q4 25 | $-175.8M | — | ||
| Q3 25 | $-188.0M | $890.8M | ||
| Q2 25 | $-202.6M | — | ||
| Q1 25 | $-205.0M | $927.8M | ||
| Q4 24 | $-114.2M | — | ||
| Q3 24 | $-105.1M | $902.9M | ||
| Q2 24 | $-346.8M | $900.6M | ||
| Q1 24 | $-257.2M | $895.1M |
总资产ASNDVNET
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.2B | $6.1B | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.1B | $5.4B | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | $4.3B | ||
| Q2 24 | $819.0M | $4.0B | ||
| Q1 24 | $866.7M | $3.9B |
负债/权益比ASNDVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $58.2M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-193.1M |
| 自由现金流率自由现金流/营收 | — | -53.2% |
| 资本支出强度资本支出/营收 | — | 84.6% |
| 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 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流ASNDVNET
| Q4 25 | $58.2M | — | ||
| Q3 25 | — | $113.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | $-15.5M | $27.0M | ||
| Q4 24 | $-330.7M | — | ||
| Q3 24 | — | $108.3M | ||
| Q2 24 | — | $55.8M | ||
| Q1 24 | $-109.7M | $37.1M |
自由现金流ASNDVNET
| Q4 25 | — | — | ||
| Q3 25 | — | $-193.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-220.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | — | $-81.6M | ||
| Q1 24 | — | $-102.2M |
自由现金流率ASNDVNET
| Q4 25 | — | — | ||
| Q3 25 | — | -53.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -71.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | — | -29.8% | ||
| Q1 24 | — | -38.9% |
资本支出强度ASNDVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 79.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 50.1% | ||
| Q1 24 | — | 53.0% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
