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ASTEC INDUSTRIES INC（ASTE）与Mativ Holdings, Inc.（MATV）财务数据对比。点击上方公司名可切换其他公司
Mativ Holdings, Inc.的季度营收约是ASTEC INDUSTRIES INC的1.2倍（$463.1M vs $400.6M），Mativ Holdings, Inc.净利率更高（21.8% vs 3.0%，领先18.8%），ASTEC INDUSTRIES INC同比增速更快（11.6% vs 1.0%），Mativ Holdings, Inc.自由现金流更多（$8.0M vs $7.4M），过去两年ASTEC INDUSTRIES INC的营收复合增速更高（13.8% vs -3.8%）
ASTEC是一家国际电子企业，原总部设于香港，主营电源供应装置与电力转换硬件产品，是全球计算机系统电源的主要供应商之一，曾一度是全球规模最大的电源生产商。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
ASTE vs MATV — 直观对比
营收规模更大
MATV
是对方的1.2倍
$400.6M
营收增速更快
ASTE
高出10.6%
1.0%
净利率更高
MATV
高出18.8%
3.0%
自由现金流更多
MATV
多$600.0K
$7.4M
两年增速更快
ASTE
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $400.6M | $463.1M |
| 净利润 | $12.0M | $100.8M |
| 毛利率 | 27.3% | 18.8% |
| 营业利润率 | 5.7% | 2.2% |
| 净利率 | 3.0% | 21.8% |
| 营收同比 | 11.6% | 1.0% |
| 净利润同比 | -43.1% | 6620.0% |
| 每股收益（稀释后） | $0.52 | $1.87 |
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ASTEMATV
| Q4 25 | $400.6M | $463.1M | ||
| Q3 25 | $350.1M | $513.7M | ||
| Q2 25 | $330.3M | $525.4M | ||
| Q1 25 | $329.4M | $484.8M | ||
| Q4 24 | $359.0M | $458.6M | ||
| Q3 24 | $291.4M | $498.5M | ||
| Q2 24 | $345.5M | $523.8M | ||
| Q1 24 | $309.2M | $500.2M |
净利润ASTEMATV
| Q4 25 | $12.0M | $100.8M | ||
| Q3 25 | $-4.2M | $-3.2M | ||
| Q2 25 | $16.7M | $-9.5M | ||
| Q1 25 | $14.3M | $-425.5M | ||
| Q4 24 | $21.1M | $1.5M | ||
| Q3 24 | $-6.2M | $-20.8M | ||
| Q2 24 | $-14.0M | $-1.4M | ||
| Q1 24 | $3.4M | $-28.0M |
毛利率ASTEMATV
| Q4 25 | 27.3% | 18.8% | ||
| Q3 25 | 24.1% | 19.3% | ||
| Q2 25 | 26.7% | 19.7% | ||
| Q1 25 | 28.1% | 15.0% | ||
| Q4 24 | 28.7% | 16.9% | ||
| Q3 24 | 22.9% | 18.8% | ||
| Q2 24 | 23.5% | 20.8% | ||
| Q1 24 | 24.9% | 16.8% |
营业利润率ASTEMATV
| Q4 25 | 5.7% | 2.2% | ||
| Q3 25 | 0.3% | 3.1% | ||
| Q2 25 | 6.5% | 3.8% | ||
| Q1 25 | 6.2% | -88.8% | ||
| Q4 24 | 9.7% | 0.6% | ||
| Q3 24 | -2.5% | 1.4% | ||
| Q2 24 | -3.1% | 2.0% | ||
| Q1 24 | 2.0% | -2.8% |
净利率ASTEMATV
| Q4 25 | 3.0% | 21.8% | ||
| Q3 25 | -1.2% | -0.6% | ||
| Q2 25 | 5.1% | -1.8% | ||
| Q1 25 | 4.3% | -87.8% | ||
| Q4 24 | 5.9% | 0.3% | ||
| Q3 24 | -2.1% | -4.2% | ||
| Q2 24 | -4.1% | -0.3% | ||
| Q1 24 | 1.1% | -5.6% |
每股收益（稀释后）ASTEMATV
| Q4 25 | $0.52 | $1.87 | ||
| Q3 25 | $-0.18 | $-0.06 | ||
| Q2 25 | $0.72 | $-0.18 | ||
| Q1 25 | $0.62 | $-7.82 | ||
| Q4 24 | $0.92 | $0.03 | ||
| Q3 24 | $-0.27 | $-0.38 | ||
| Q2 24 | $-0.61 | $-0.03 | ||
| Q1 24 | $0.15 | $-0.52 |
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 | $74.1M | $84.2M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $681.7M | $498.7M |
| 总资产 | $1.4B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资ASTEMATV
| Q4 25 | $74.1M | $84.2M | ||
| Q3 25 | $71.8M | $97.1M | ||
| Q2 25 | $91.6M | $95.6M | ||
| Q1 25 | $95.4M | $84.0M | ||
| Q4 24 | $93.8M | $94.3M | ||
| Q3 24 | $58.9M | $162.2M | ||
| Q2 24 | $68.4M | $133.4M | ||
| Q1 24 | $63.8M | $128.9M |
总债务ASTEMATV
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
股东权益ASTEMATV
| Q4 25 | $681.7M | $498.7M | ||
| Q3 25 | $668.9M | $397.4M | ||
| Q2 25 | $674.9M | $416.6M | ||
| Q1 25 | $653.2M | $428.2M | ||
| Q4 24 | $637.8M | $858.5M | ||
| Q3 24 | $631.4M | $882.3M | ||
| Q2 24 | $633.3M | $898.0M | ||
| Q1 24 | $650.3M | $906.9M |
总资产ASTEMATV
| Q4 25 | $1.4B | $2.1B | ||
| Q3 25 | $1.3B | $2.0B | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | $1.1B | $2.1B | ||
| Q4 24 | $1.0B | $2.4B | ||
| Q3 24 | $1.1B | $2.6B | ||
| Q2 24 | $1.1B | $2.6B | ||
| Q1 24 | $1.1B | $2.7B |
负债/权益比ASTEMATV
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.63× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.29× | ||
| Q1 24 | — | 1.30× |
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 | $36.1M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $7.4M | $8.0M |
| 自由现金流率自由现金流/营收 | 1.8% | 1.7% |
| 资本支出强度资本支出/营收 | 7.2% | 2.4% |
| 现金转化率经营现金流/净利润 | 3.01× | 0.19× |
| 过去12个月自由现金流最近4个季度 | $20.7M | $93.8M |
8季度趋势，按日历期对齐
经营现金流ASTEMATV
| Q4 25 | $36.1M | $19.3M | ||
| Q3 25 | $-8.1M | $72.8M | ||
| Q2 25 | $12.9M | $57.6M | ||
| Q1 25 | $20.5M | $-15.9M | ||
| Q4 24 | $36.6M | $24.1M | ||
| Q3 24 | $22.5M | $37.6M | ||
| Q2 24 | $10.9M | $46.1M | ||
| Q1 24 | $-47.0M | $-13.0M |
自由现金流ASTEMATV
| Q4 25 | $7.4M | $8.0M | ||
| Q3 25 | $-12.3M | $66.7M | ||
| Q2 25 | $9.0M | $48.9M | ||
| Q1 25 | $16.6M | $-29.8M | ||
| Q4 24 | $32.1M | $2.0M | ||
| Q3 24 | $19.9M | $25.5M | ||
| Q2 24 | $3.3M | $37.4M | ||
| Q1 24 | $-52.8M | $-25.1M |
自由现金流率ASTEMATV
| Q4 25 | 1.8% | 1.7% | ||
| Q3 25 | -3.5% | 13.0% | ||
| Q2 25 | 2.7% | 9.3% | ||
| Q1 25 | 5.0% | -6.1% | ||
| Q4 24 | 8.9% | 0.4% | ||
| Q3 24 | 6.8% | 5.1% | ||
| Q2 24 | 1.0% | 7.1% | ||
| Q1 24 | -17.1% | -5.0% |
资本支出强度ASTEMATV
| Q4 25 | 7.2% | 2.4% | ||
| Q3 25 | 1.2% | 1.2% | ||
| Q2 25 | 1.2% | 1.7% | ||
| Q1 25 | 1.2% | 2.9% | ||
| Q4 24 | 1.3% | 4.8% | ||
| Q3 24 | 0.9% | 2.4% | ||
| Q2 24 | 2.2% | 1.7% | ||
| Q1 24 | 1.9% | 2.4% |
现金转化率ASTEMATV
| Q4 25 | 3.01× | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.77× | — | ||
| Q1 25 | 1.43× | — | ||
| Q4 24 | 1.73× | 16.07× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -13.82× | — |
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
ASTE
| Infrastructure Group | $208.7M | 52% |
| Material Solutions | $105.3M | 26% |
| Parts And Component Sales | $58.3M | 15% |
| Other | $15.3M | 4% |
| Service And Equipment Installation Revenue | $6.9M | 2% |
| Cargo And Freight | $6.1M | 2% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
