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Assertio Holdings, Inc.（ASRT）与FREQUENCY ELECTRONICS INC（FEIM）财务数据对比。点击上方公司名可切换其他公司
FREQUENCY ELECTRONICS INC的季度营收约是Assertio Holdings, Inc.的1.3倍（$17.1M vs $13.5M），FREQUENCY ELECTRONICS INC同比增速更快（8.3% vs -57.9%），过去两年FREQUENCY ELECTRONICS INC的营收复合增速更高（11.8% vs -35.4%）
Assertio Therapeutics是一家美国专业制药企业，主要聚焦神经病学、疼痛以及中枢神经系统疾病领域的产品销售与推广。公司前身Depomed成立于1995年，总部位于加利福尼亚州纽瓦克，拥有多款获美国FDA批准的产品，目前在纳斯达克上市。
超电子控股是一家英国国防与安全企业，曾在伦敦证券交易所上市，是富时250指数成分股之一，后被隶属于安宏资本的科巴姆公司收购。
ASRT vs FEIM — 直观对比
营收规模更大
FEIM
是对方的1.3倍
$13.5M
营收增速更快
FEIM
高出66.2%
-57.9%
两年增速更快
FEIM
近两年复合增速
-35.4%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $13.5M | $17.1M |
| 净利润 | — | $1.8M |
| 毛利率 | — | 38.2% |
| 营业利润率 | -86.7% | 10.0% |
| 净利率 | — | 10.5% |
| 营收同比 | -57.9% | 8.3% |
| 净利润同比 | — | -32.1% |
| 每股收益（稀释后） | $-4.54 | $0.18 |
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ASRTFEIM
| Q4 25 | $13.5M | $17.1M | ||
| Q3 25 | $49.5M | $13.8M | ||
| Q2 25 | $29.2M | $20.0M | ||
| Q1 25 | $26.5M | $18.9M | ||
| Q4 24 | $32.2M | $15.8M | ||
| Q3 24 | $29.2M | $15.1M | ||
| Q2 24 | $31.1M | $15.6M | ||
| Q1 24 | $32.4M | $13.7M |
净利润ASRTFEIM
| Q4 25 | — | $1.8M | ||
| Q3 25 | $11.4M | $634.0K | ||
| Q2 25 | $-16.4M | $3.2M | ||
| Q1 25 | $-13.5M | $15.4M | ||
| Q4 24 | — | $2.7M | ||
| Q3 24 | $-2.9M | $2.4M | ||
| Q2 24 | $-3.7M | $2.6M | ||
| Q1 24 | $-4.5M | $130.0K |
毛利率ASRTFEIM
| Q4 25 | — | 38.2% | ||
| Q3 25 | — | 36.8% | ||
| Q2 25 | — | 37.5% | ||
| Q1 25 | — | 43.8% | ||
| Q4 24 | — | 48.2% | ||
| Q3 24 | — | 44.4% | ||
| Q2 24 | — | 40.3% | ||
| Q1 24 | — | 22.6% |
营业利润率ASRTFEIM
| Q4 25 | -86.7% | 10.0% | ||
| Q3 25 | 23.2% | 2.6% | ||
| Q2 25 | -27.5% | 16.4% | ||
| Q1 25 | -50.0% | 18.3% | ||
| Q4 24 | -41.9% | 16.5% | ||
| Q3 24 | -10.4% | 15.7% | ||
| Q2 24 | -11.6% | 16.0% | ||
| Q1 24 | -13.4% | -3.4% |
净利率ASRTFEIM
| Q4 25 | — | 10.5% | ||
| Q3 25 | 23.1% | 4.6% | ||
| Q2 25 | -56.0% | 16.0% | ||
| Q1 25 | -51.1% | 81.4% | ||
| Q4 24 | — | 16.8% | ||
| Q3 24 | -10.0% | 16.1% | ||
| Q2 24 | -11.8% | 16.9% | ||
| Q1 24 | -13.9% | 0.9% |
每股收益（稀释后）ASRTFEIM
| Q4 25 | $-4.54 | $0.18 | ||
| Q3 25 | $0.11 | $0.07 | ||
| Q2 25 | $-0.17 | $0.33 | ||
| Q1 25 | $-0.14 | $1.60 | ||
| Q4 24 | $-3.28 | $0.28 | ||
| Q3 24 | $-0.03 | $0.25 | ||
| Q2 24 | $-0.04 | $0.28 | ||
| Q1 24 | $-0.05 | $0.01 |
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 | $63.4M | $3.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $94.0M | $58.5M |
| 总资产 | $267.0M | $92.3M |
| 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ASRTFEIM
| Q4 25 | $63.4M | $3.0M | ||
| Q3 25 | $93.4M | $4.5M | ||
| Q2 25 | $98.2M | $4.7M | ||
| Q1 25 | $87.3M | $5.5M | ||
| Q4 24 | $100.1M | $9.7M | ||
| Q3 24 | $88.6M | $16.2M | ||
| Q2 24 | $88.4M | $18.3M | ||
| Q1 24 | $80.7M | $11.7M |
总债务ASRTFEIM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $38.6M | — |
股东权益ASRTFEIM
| Q4 25 | $94.0M | $58.5M | ||
| Q3 25 | $105.8M | $56.3M | ||
| Q2 25 | $93.3M | $55.6M | ||
| Q1 25 | $108.5M | $51.8M | ||
| Q4 24 | $121.1M | $36.2M | ||
| Q3 24 | $130.5M | $33.2M | ||
| Q2 24 | $132.2M | $39.8M | ||
| Q1 24 | $134.5M | $36.7M |
总资产ASRTFEIM
| Q4 25 | $267.0M | $92.3M | ||
| Q3 25 | $319.8M | $93.2M | ||
| Q2 25 | $273.8M | $93.7M | ||
| Q1 25 | $286.4M | $86.4M | ||
| Q4 24 | $284.7M | $77.8M | ||
| Q3 24 | $276.0M | $84.3M | ||
| Q2 24 | $279.4M | $83.3M | ||
| Q1 24 | $282.0M | $77.7M |
负债/权益比ASRTFEIM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.29× | — |
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 | $-30.0M | $-523.0K |
| 自由现金流经营现金流 - 资本支出 | — | $-1.1M |
| 自由现金流率自由现金流/营收 | — | -6.6% |
| 资本支出强度资本支出/营收 | — | 3.6% |
| 现金转化率经营现金流/净利润 | — | -0.29× |
| 过去12个月自由现金流最近4个季度 | — | $-5.5M |
8季度趋势，按日历期对齐
经营现金流ASRTFEIM
| Q4 25 | $-30.0M | $-523.0K | ||
| Q3 25 | $-4.8M | $1.2M | ||
| Q2 25 | $19.1M | $-155.0K | ||
| Q1 25 | $-12.5M | $-3.6M | ||
| Q4 24 | $11.5M | $3.8M | ||
| Q3 24 | $-35.0K | $-1.5M | ||
| Q2 24 | $7.4M | $7.5M | ||
| Q1 24 | $7.5M | $4.2M |
自由现金流ASRTFEIM
| Q4 25 | — | $-1.1M | ||
| Q3 25 | — | $385.0K | ||
| Q2 25 | — | $-786.0K | ||
| Q1 25 | — | $-4.0M | ||
| Q4 24 | — | $3.3M | ||
| Q3 24 | — | $-1.8M | ||
| Q2 24 | — | $6.7M | ||
| Q1 24 | — | $3.9M |
自由现金流率ASRTFEIM
| Q4 25 | — | -6.6% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | -3.9% | ||
| Q1 25 | — | -20.9% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | — | -11.8% | ||
| Q2 24 | — | 42.8% | ||
| Q1 24 | — | 28.4% |
资本支出强度ASRTFEIM
| Q4 25 | — | 3.6% | ||
| Q3 25 | — | 5.6% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | 0.0% | 2.2% | ||
| Q2 24 | — | 5.3% | ||
| Q1 24 | — | 2.3% |
现金转化率ASRTFEIM
| Q4 25 | — | -0.29× | ||
| Q3 25 | -0.42× | 1.83× | ||
| Q2 25 | — | -0.05× | ||
| Q1 25 | — | -0.24× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | -0.60× | ||
| Q2 24 | — | 2.85× | ||
| Q1 24 | — | 32.36× |
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
ASRT
| Products | $12.8M | 95% |
| Other | $719.0K | 5% |
FEIM
| POC Revenue | $14.8M | 86% |
| POT Revenue | $2.3M | 13% |
