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ASTEC INDUSTRIES INC（ASTE）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
ASTEC INDUSTRIES INC的季度营收约是通用动力的2.2倍（$400.6M vs $184.5M）。通用动力净利率更高（7.0% vs 3.0%，领先4.0%）。通用动力同比增速更快（28.6% vs 11.6%）。通用动力自由现金流更多（$92.8M vs $7.4M）。过去两年通用动力的营收复合增速更高（38.9% vs 13.8%）
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。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
ASTE vs PLOW — 直观对比
营收规模更大
ASTE
是对方的2.2倍
$184.5M
营收增速更快
PLOW
高出17.0%
11.6%
净利率更高
PLOW
高出4.0%
3.0%
自由现金流更多
PLOW
多$85.4M
$7.4M
两年增速更快
PLOW
近两年复合增速
13.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $400.6M | $184.5M |
| 净利润 | $12.0M | $12.8M |
| 毛利率 | 27.3% | 26.1% |
| 营业利润率 | 5.7% | 10.5% |
| 净利率 | 3.0% | 7.0% |
| 营收同比 | 11.6% | 28.6% |
| 净利润同比 | -43.1% | 62.3% |
| 每股收益（稀释后） | $0.52 | $0.54 |
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ASTEPLOW
| Q4 25 | $400.6M | $184.5M | ||
| Q3 25 | $350.1M | $162.1M | ||
| Q2 25 | $330.3M | $194.3M | ||
| Q1 25 | $329.4M | $115.1M | ||
| Q4 24 | $359.0M | $143.5M | ||
| Q3 24 | $291.4M | $129.4M | ||
| Q2 24 | $345.5M | $199.9M | ||
| Q1 24 | $309.2M | $95.7M |
净利润ASTEPLOW
| Q4 25 | $12.0M | $12.8M | ||
| Q3 25 | $-4.2M | $8.0M | ||
| Q2 25 | $16.7M | $26.0M | ||
| Q1 25 | $14.3M | $148.0K | ||
| Q4 24 | $21.1M | $7.9M | ||
| Q3 24 | $-6.2M | $32.3M | ||
| Q2 24 | $-14.0M | $24.3M | ||
| Q1 24 | $3.4M | $-8.4M |
毛利率ASTEPLOW
| Q4 25 | 27.3% | 26.1% | ||
| Q3 25 | 24.1% | 23.5% | ||
| Q2 25 | 26.7% | 31.0% | ||
| Q1 25 | 28.1% | 24.5% | ||
| Q4 24 | 28.7% | 24.9% | ||
| Q3 24 | 22.9% | 23.9% | ||
| Q2 24 | 23.5% | 30.7% | ||
| Q1 24 | 24.9% | 19.8% |
营业利润率ASTEPLOW
| Q4 25 | 5.7% | 10.5% | ||
| Q3 25 | 0.3% | 8.7% | ||
| Q2 25 | 6.5% | 19.0% | ||
| Q1 25 | 6.2% | 2.8% | ||
| Q4 24 | 9.7% | 9.0% | ||
| Q3 24 | -2.5% | 35.4% | ||
| Q2 24 | -3.1% | 18.2% | ||
| Q1 24 | 2.0% | -6.7% |
净利率ASTEPLOW
| Q4 25 | 3.0% | 7.0% | ||
| Q3 25 | -1.2% | 4.9% | ||
| Q2 25 | 5.1% | 13.4% | ||
| Q1 25 | 4.3% | 0.1% | ||
| Q4 24 | 5.9% | 5.5% | ||
| Q3 24 | -2.1% | 24.9% | ||
| Q2 24 | -4.1% | 12.2% | ||
| Q1 24 | 1.1% | -8.7% |
每股收益（稀释后）ASTEPLOW
| Q4 25 | $0.52 | $0.54 | ||
| Q3 25 | $-0.18 | $0.33 | ||
| Q2 25 | $0.72 | $1.09 | ||
| Q1 25 | $0.62 | $0.00 | ||
| Q4 24 | $0.92 | $0.35 | ||
| Q3 24 | $-0.27 | $1.36 | ||
| Q2 24 | $-0.61 | $1.02 | ||
| Q1 24 | $0.15 | $-0.37 |
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 | — |
| 总债务越低越好 | — | $144.0M |
| 股东权益账面价值 | $681.7M | $281.4M |
| 总资产 | $1.4B | $626.7M |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资ASTEPLOW
| Q4 25 | $74.1M | — | ||
| Q3 25 | $71.8M | — | ||
| Q2 25 | $91.6M | — | ||
| Q1 25 | $95.4M | — | ||
| Q4 24 | $93.8M | — | ||
| Q3 24 | $58.9M | — | ||
| Q2 24 | $68.4M | — | ||
| Q1 24 | $63.8M | — |
总债务ASTEPLOW
| Q4 25 | — | $144.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ASTEPLOW
| Q4 25 | $681.7M | $281.4M | ||
| Q3 25 | $668.9M | $275.3M | ||
| Q2 25 | $674.9M | $273.3M | ||
| Q1 25 | $653.2M | $258.9M | ||
| Q4 24 | $637.8M | $264.2M | ||
| Q3 24 | $631.4M | $260.8M | ||
| Q2 24 | $633.3M | $236.7M | ||
| Q1 24 | $650.3M | $217.2M |
总资产ASTEPLOW
| Q4 25 | $1.4B | $626.7M | ||
| Q3 25 | $1.3B | $694.9M | ||
| Q2 25 | $1.1B | $671.5M | ||
| Q1 25 | $1.1B | $621.0M | ||
| Q4 24 | $1.0B | $590.0M | ||
| Q3 24 | $1.1B | $665.6M | ||
| Q2 24 | $1.1B | $617.0M | ||
| Q1 24 | $1.1B | $577.1M |
负债/权益比ASTEPLOW
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.56× | ||
| Q3 24 | — | — | ||
| 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 | $36.1M | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $7.4M | $92.8M |
| 自由现金流率自由现金流/营收 | 1.8% | 50.3% |
| 资本支出强度资本支出/营收 | 7.2% | 1.7% |
| 现金转化率经营现金流/净利润 | 3.01× | 7.47× |
| 过去12个月自由现金流最近4个季度 | $20.7M | $63.6M |
8季度趋势，按日历期对齐
经营现金流ASTEPLOW
| Q4 25 | $36.1M | $95.9M | ||
| Q3 25 | $-8.1M | $-8.5M | ||
| Q2 25 | $12.9M | $-11.4M | ||
| Q1 25 | $20.5M | $-1.3M | ||
| Q4 24 | $36.6M | $74.4M | ||
| Q3 24 | $22.5M | $-14.2M | ||
| Q2 24 | $10.9M | $2.5M | ||
| Q1 24 | $-47.0M | $-21.6M |
自由现金流ASTEPLOW
| Q4 25 | $7.4M | $92.8M | ||
| Q3 25 | $-12.3M | $-11.4M | ||
| Q2 25 | $9.0M | $-14.3M | ||
| Q1 25 | $16.6M | $-3.5M | ||
| Q4 24 | $32.1M | $70.2M | ||
| Q3 24 | $19.9M | $-15.2M | ||
| Q2 24 | $3.3M | $836.0K | ||
| Q1 24 | $-52.8M | $-22.4M |
自由现金流率ASTEPLOW
| Q4 25 | 1.8% | 50.3% | ||
| Q3 25 | -3.5% | -7.1% | ||
| Q2 25 | 2.7% | -7.4% | ||
| Q1 25 | 5.0% | -3.0% | ||
| Q4 24 | 8.9% | 48.9% | ||
| Q3 24 | 6.8% | -11.8% | ||
| Q2 24 | 1.0% | 0.4% | ||
| Q1 24 | -17.1% | -23.4% |
资本支出强度ASTEPLOW
| Q4 25 | 7.2% | 1.7% | ||
| Q3 25 | 1.2% | 1.8% | ||
| Q2 25 | 1.2% | 1.5% | ||
| Q1 25 | 1.2% | 1.9% | ||
| Q4 24 | 1.3% | 2.9% | ||
| Q3 24 | 0.9% | 0.8% | ||
| Q2 24 | 2.2% | 0.8% | ||
| Q1 24 | 1.9% | 0.8% |
现金转化率ASTEPLOW
| Q4 25 | 3.01× | 7.47× | ||
| Q3 25 | — | -1.07× | ||
| Q2 25 | 0.77× | -0.44× | ||
| Q1 25 | 1.43× | -9.03× | ||
| Q4 24 | 1.73× | 9.41× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | — | 0.10× | ||
| 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% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
