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AMTECH SYSTEMS INC（ASYS）与Energy Recovery, Inc.（ERII）财务数据对比。点击上方公司名可切换其他公司
Energy Recovery, Inc.的季度营收约是AMTECH SYSTEMS INC的3.5倍（$66.9M vs $19.0M）。Energy Recovery, Inc.净利率更高（40.2% vs 0.6%，领先39.7%）。Energy Recovery, Inc.同比增速更快（-0.3% vs -22.2%）。Energy Recovery, Inc.自由现金流更多（$6.4M vs $3.8M）。过去两年Energy Recovery, Inc.的营收复合增速更高（135.2% vs -13.6%）
Amtech Systems Inc是一家全球领先的热处理及自动化设备制造商，核心产品面向半导体、光伏太阳能、LED生产领域，覆盖焊接、扩散、沉积等工艺设备，主要市场包括北美、东亚及西欧，服务电子元器件、清洁能源制造领域的头部客户。
Energy Recovery, Inc.是一家美国制造商，专注生产为水务及二氧化碳制冷行业提供的能量回收装置，产品可帮助相关行业在工艺流程中回收利用富余能量，助力客户降低能耗成本，提升运营的绿色低碳水平，在细分领域拥有领先的技术积累。
ASYS vs ERII — 直观对比
营收规模更大
ERII
是对方的3.5倍
$19.0M
营收增速更快
ERII
高出21.9%
-22.2%
净利率更高
ERII
高出39.7%
0.6%
自由现金流更多
ERII
多$2.6M
$3.8M
两年增速更快
ERII
近两年复合增速
-13.6%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $19.0M | $66.9M |
| 净利润 | $108.0K | $26.9M |
| 毛利率 | 44.8% | 67.2% |
| 营业利润率 | 4.1% | 46.8% |
| 净利率 | 0.6% | 40.2% |
| 营收同比 | -22.2% | -0.3% |
| 净利润同比 | -65.4% | 14.7% |
| 每股收益（稀释后） | $0.01 | $0.49 |
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ASYSERII
| Q4 25 | $19.0M | $66.9M | ||
| Q3 25 | $19.8M | $32.0M | ||
| Q2 25 | $19.6M | $28.1M | ||
| Q1 25 | $15.6M | $8.1M | ||
| Q4 24 | $24.4M | $67.1M | ||
| Q3 24 | $24.1M | $38.6M | ||
| Q2 24 | $26.7M | $27.2M | ||
| Q1 24 | $25.4M | $12.1M |
净利润ASYSERII
| Q4 25 | $108.0K | $26.9M | ||
| Q3 25 | $1.1M | $3.9M | ||
| Q2 25 | $106.0K | $2.1M | ||
| Q1 25 | $-31.8M | $-9.9M | ||
| Q4 24 | $312.0K | $23.5M | ||
| Q3 24 | $-536.0K | $8.5M | ||
| Q2 24 | $438.0K | $-642.0K | ||
| Q1 24 | $970.0K | $-8.3M |
毛利率ASYSERII
| Q4 25 | 44.8% | 67.2% | ||
| Q3 25 | 44.4% | 64.2% | ||
| Q2 25 | 46.7% | 64.0% | ||
| Q1 25 | -2.1% | 55.3% | ||
| Q4 24 | 38.4% | 70.2% | ||
| Q3 24 | 40.7% | 65.1% | ||
| Q2 24 | 36.5% | 64.6% | ||
| Q1 24 | 33.2% | 59.0% |
营业利润率ASYSERII
| Q4 25 | 4.1% | 46.8% | ||
| Q3 25 | 9.3% | 11.4% | ||
| Q2 25 | 4.7% | 5.3% | ||
| Q1 25 | -202.7% | -155.8% | ||
| Q4 24 | 1.4% | 38.2% | ||
| Q3 24 | 0.1% | 18.3% | ||
| Q2 24 | 3.1% | -7.4% | ||
| Q1 24 | 5.4% | -90.4% |
净利率ASYSERII
| Q4 25 | 0.6% | 40.2% | ||
| Q3 25 | 5.4% | 12.1% | ||
| Q2 25 | 0.5% | 7.3% | ||
| Q1 25 | -204.2% | -122.5% | ||
| Q4 24 | 1.3% | 35.0% | ||
| Q3 24 | -2.2% | 22.0% | ||
| Q2 24 | 1.6% | -2.4% | ||
| Q1 24 | 3.8% | -68.3% |
每股收益（稀释后）ASYSERII
| Q4 25 | $0.01 | $0.49 | ||
| Q3 25 | $0.08 | $0.07 | ||
| Q2 25 | $0.01 | $0.04 | ||
| Q1 25 | $-2.23 | $-0.18 | ||
| Q4 24 | $0.02 | $0.40 | ||
| Q3 24 | $-0.04 | $0.15 | ||
| Q2 24 | $0.03 | $-0.01 | ||
| Q1 24 | $0.07 | $-0.14 |
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 | $22.1M | $75.2M |
| 总债务越低越好 | $162.0K | — |
| 股东权益账面价值 | $54.1M | $206.2M |
| 总资产 | $94.1M | $231.5M |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资ASYSERII
| Q4 25 | $22.1M | $75.2M | ||
| Q3 25 | $17.9M | $70.4M | ||
| Q2 25 | $15.6M | $79.5M | ||
| Q1 25 | $13.4M | $83.5M | ||
| Q4 24 | $13.2M | $78.0M | ||
| Q3 24 | $11.1M | $118.6M | ||
| Q2 24 | $13.2M | $101.0M | ||
| Q1 24 | $13.0M | $117.4M |
总债务ASYSERII
| Q4 25 | $162.0K | — | ||
| Q3 25 | $168.0K | — | ||
| Q2 25 | $127.0K | — | ||
| Q1 25 | $135.0K | — | ||
| Q4 24 | $161.0K | — | ||
| Q3 24 | $189.0K | — | ||
| Q2 24 | $177.0K | — | ||
| Q1 24 | $65.0K | — |
股东权益ASYSERII
| Q4 25 | $54.1M | $206.2M | ||
| Q3 25 | $53.4M | $180.8M | ||
| Q2 25 | $51.7M | $185.2M | ||
| Q1 25 | $51.0M | $198.1M | ||
| Q4 24 | $82.4M | $210.0M | ||
| Q3 24 | $82.4M | $233.9M | ||
| Q2 24 | $81.7M | $218.5M | ||
| Q1 24 | $80.9M | $216.0M |
总资产ASYSERII
| Q4 25 | $94.1M | $231.5M | ||
| Q3 25 | $92.9M | $209.6M | ||
| Q2 25 | $89.5M | $212.3M | ||
| Q1 25 | $83.4M | $225.4M | ||
| Q4 24 | $117.8M | $242.8M | ||
| Q3 24 | $119.3M | $262.7M | ||
| Q2 24 | $127.1M | $249.0M | ||
| Q1 24 | $116.5M | $244.3M |
负债/权益比ASYSERII
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 0.00× | — |
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 | $4.1M | $7.1M |
| 自由现金流经营现金流 - 资本支出 | $3.8M | $6.4M |
| 自由现金流率自由现金流/营收 | 20.2% | 9.6% |
| 资本支出强度资本支出/营收 | 1.5% | 1.0% |
| 现金转化率经营现金流/净利润 | 37.99× | 0.26× |
| 过去12个月自由现金流最近4个季度 | $8.0M | $17.4M |
8季度趋势，按日历期对齐
经营现金流ASYSERII
| Q4 25 | $4.1M | $7.1M | ||
| Q3 25 | $2.3M | $-3.1M | ||
| Q2 25 | $2.5M | $4.1M | ||
| Q1 25 | $210.0K | $10.7M | ||
| Q4 24 | $2.9M | $9.0M | ||
| Q3 24 | $879.0K | $-3.0M | ||
| Q2 24 | $3.7M | $8.1M | ||
| Q1 24 | $336.0K | $6.5M |
自由现金流ASYSERII
| Q4 25 | $3.8M | $6.4M | ||
| Q3 25 | $2.0M | $-3.5M | ||
| Q2 25 | $2.0M | $4.0M | ||
| Q1 25 | $201.0K | $10.5M | ||
| Q4 24 | $2.7M | $8.9M | ||
| Q3 24 | $447.0K | $-3.2M | ||
| Q2 24 | $322.0K | $7.9M | ||
| Q1 24 | $-884.0K | $5.7M |
自由现金流率ASYSERII
| Q4 25 | 20.2% | 9.6% | ||
| Q3 25 | 10.2% | -10.9% | ||
| Q2 25 | 10.1% | 14.3% | ||
| Q1 25 | 1.3% | 130.0% | ||
| Q4 24 | 11.2% | 13.2% | ||
| Q3 24 | 1.9% | -8.2% | ||
| Q2 24 | 1.2% | 28.9% | ||
| Q1 24 | -3.5% | 46.9% |
资本支出强度ASYSERII
| Q4 25 | 1.5% | 1.0% | ||
| Q3 25 | 1.2% | 1.1% | ||
| Q2 25 | 2.8% | 0.5% | ||
| Q1 25 | 0.1% | 2.4% | ||
| Q4 24 | 0.6% | 0.2% | ||
| Q3 24 | 1.8% | 0.4% | ||
| Q2 24 | 12.5% | 0.7% | ||
| Q1 24 | 4.8% | 6.8% |
现金转化率ASYSERII
| Q4 25 | 37.99× | 0.26× | ||
| Q3 25 | 2.12× | -0.81× | ||
| Q2 25 | 23.89× | 2.02× | ||
| Q1 25 | — | — | ||
| Q4 24 | 9.19× | 0.38× | ||
| Q3 24 | — | -0.35× | ||
| Q2 24 | 8.35× | — | ||
| Q1 24 | 0.35× | — |
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
ASYS
| Thermal Processing Solutions | $14.0M | 74% |
| Semiconductor Fabrication Solutions | $5.0M | 26% |
ERII
| Water Segment | $38.6M | 58% |
| Other | $11.0M | 16% |
| Original Equipment Manufacturer | $10.6M | 16% |
| Aftermarket | $6.6M | 10% |
