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AMTECH SYSTEMS INC（ASYS）与Velo3D, Inc.（VELO）财务数据对比。点击上方公司名可切换其他公司
AMTECH SYSTEMS INC的季度营收约是Velo3D, Inc.的2.0倍（$19.0M vs $9.4M）。AMTECH SYSTEMS INC净利率更高（0.6% vs -231.9%，领先232.5%）。AMTECH SYSTEMS INC同比增速更快（-22.2% vs -25.2%）。AMTECH SYSTEMS INC自由现金流更多（$3.8M vs $-8.3M）。过去两年Velo3D, Inc.的营收复合增速更高（-1.8% 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。
Velo3D是全球领先的金属3D打印解决方案提供商，主营工业级金属3D打印机、配套专用加工软件及高性能金属材料，主要服务航空航天、国防、能源、半导体等高端制造领域，可生产传统工艺难以实现的复杂高精度金属零部件。
ASYS vs VELO — 直观对比
营收规模更大
ASYS
是对方的2.0倍
$9.4M
营收增速更快
ASYS
高出3.0%
-25.2%
净利率更高
ASYS
高出232.5%
-231.9%
自由现金流更多
ASYS
多$12.2M
$-8.3M
两年增速更快
VELO
近两年复合增速
-13.6%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $19.0M | $9.4M |
| 净利润 | $108.0K | $-21.9M |
| 毛利率 | 44.8% | -73.6% |
| 营业利润率 | 4.1% | -231.0% |
| 净利率 | 0.6% | -231.9% |
| 营收同比 | -22.2% | -25.2% |
| 净利润同比 | -65.4% | -2.9% |
| 每股收益（稀释后） | $0.01 | $-0.87 |
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ASYSVELO
| Q4 25 | $19.0M | $9.4M | ||
| Q3 25 | $19.8M | $13.6M | ||
| Q2 25 | $19.6M | $13.6M | ||
| Q1 25 | $15.6M | $9.3M | ||
| Q4 24 | $24.4M | $12.6M | ||
| Q3 24 | $24.1M | $8.2M | ||
| Q2 24 | $26.7M | $10.3M | ||
| Q1 24 | $25.4M | $9.8M |
净利润ASYSVELO
| Q4 25 | $108.0K | $-21.9M | ||
| Q3 25 | $1.1M | $-11.2M | ||
| Q2 25 | $106.0K | $-13.3M | ||
| Q1 25 | $-31.8M | $-25.0M | ||
| Q4 24 | $312.0K | $-21.3M | ||
| Q3 24 | $-536.0K | $-21.9M | ||
| Q2 24 | $438.0K | $935.0K | ||
| Q1 24 | $970.0K | $-27.5M |
毛利率ASYSVELO
| Q4 25 | 44.8% | -73.6% | ||
| Q3 25 | 44.4% | 3.2% | ||
| Q2 25 | 46.7% | -11.7% | ||
| Q1 25 | -2.1% | 7.5% | ||
| Q4 24 | 38.4% | -3.5% | ||
| Q3 24 | 40.7% | 49.4% | ||
| Q2 24 | 36.5% | -28.0% | ||
| Q1 24 | 33.2% | -28.8% |
营业利润率ASYSVELO
| Q4 25 | 4.1% | -231.0% | ||
| Q3 25 | 9.3% | -73.3% | ||
| Q2 25 | 4.7% | -85.4% | ||
| Q1 25 | -202.7% | -123.6% | ||
| Q4 24 | 1.4% | -167.0% | ||
| Q3 24 | 0.1% | -213.8% | ||
| Q2 24 | 3.1% | -187.7% | ||
| Q1 24 | 5.4% | -211.1% |
净利率ASYSVELO
| Q4 25 | 0.6% | -231.9% | ||
| Q3 25 | 5.4% | -82.0% | ||
| Q2 25 | 0.5% | -97.7% | ||
| Q1 25 | -204.2% | -268.4% | ||
| Q4 24 | 1.3% | -168.5% | ||
| Q3 24 | -2.2% | -265.3% | ||
| Q2 24 | 1.6% | 9.0% | ||
| Q1 24 | 3.8% | -281.2% |
每股收益（稀释后）ASYSVELO
| Q4 25 | $0.01 | $-0.87 | ||
| Q3 25 | $0.08 | $-0.65 | ||
| Q2 25 | $0.01 | $-0.94 | ||
| Q1 25 | $-2.23 | $-1.87 | ||
| Q4 24 | $0.02 | $7.06 | ||
| Q3 24 | $-0.04 | $-35.52 | ||
| Q2 24 | $0.03 | $1.65 | ||
| Q1 24 | $0.07 | $-55.51 |
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 | $39.0M |
| 总债务越低越好 | $162.0K | $31.0M |
| 股东权益账面价值 | $54.1M | $38.2M |
| 总资产 | $94.1M | $105.3M |
| 负债/权益比越低杠杆越低 | 0.00× | 0.81× |
8季度趋势，按日历期对齐
现金及短期投资ASYSVELO
| Q4 25 | $22.1M | $39.0M | ||
| Q3 25 | $17.9M | $11.8M | ||
| Q2 25 | $15.6M | $854.0K | ||
| Q1 25 | $13.4M | $3.9M | ||
| Q4 24 | $13.2M | $1.2M | ||
| Q3 24 | $11.1M | $1.6M | ||
| Q2 24 | $13.2M | $3.2M | ||
| Q1 24 | $13.0M | $10.9M |
总债务ASYSVELO
| Q4 25 | $162.0K | $31.0M | ||
| Q3 25 | $168.0K | $23.0M | ||
| Q2 25 | $127.0K | $22.5M | ||
| Q1 25 | $135.0K | $21.7M | ||
| Q4 24 | $161.0K | $5.7M | ||
| Q3 24 | $189.0K | $32.3M | ||
| Q2 24 | $177.0K | $33.5M | ||
| Q1 24 | $65.0K | $44.0M |
股东权益ASYSVELO
| Q4 25 | $54.1M | $38.2M | ||
| Q3 25 | $53.4M | $29.9M | ||
| Q2 25 | $51.7M | $21.4M | ||
| Q1 25 | $51.0M | $32.8M | ||
| Q4 24 | $82.4M | $39.7M | ||
| Q3 24 | $82.4M | $34.4M | ||
| Q2 24 | $81.7M | $52.1M | ||
| Q1 24 | $80.9M | $45.5M |
总资产ASYSVELO
| Q4 25 | $94.1M | $105.3M | ||
| Q3 25 | $92.9M | $93.7M | ||
| Q2 25 | $89.5M | $78.4M | ||
| Q1 25 | $83.4M | $91.3M | ||
| Q4 24 | $117.8M | $89.2M | ||
| Q3 24 | $119.3M | $110.8M | ||
| Q2 24 | $127.1M | $116.7M | ||
| Q1 24 | $116.5M | $136.1M |
负债/权益比ASYSVELO
| Q4 25 | 0.00× | 0.81× | ||
| Q3 25 | 0.00× | 0.77× | ||
| Q2 25 | 0.00× | 1.05× | ||
| Q1 25 | 0.00× | 0.66× | ||
| Q4 24 | 0.00× | 0.14× | ||
| Q3 24 | 0.00× | 0.94× | ||
| Q2 24 | 0.00× | 0.64× | ||
| Q1 24 | 0.00× | 0.97× |
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 | $-7.7M |
| 自由现金流经营现金流 - 资本支出 | $3.8M | $-8.3M |
| 自由现金流率自由现金流/营收 | 20.2% | -88.3% |
| 资本支出强度资本支出/营收 | 1.5% | 6.4% |
| 现金转化率经营现金流/净利润 | 37.99× | — |
| 过去12个月自由现金流最近4个季度 | $8.0M | — |
8季度趋势，按日历期对齐
经营现金流ASYSVELO
| Q4 25 | $4.1M | $-7.7M | ||
| Q3 25 | $2.3M | $-6.0M | ||
| Q2 25 | $2.5M | $-1.2M | ||
| Q1 25 | $210.0K | $-12.3M | ||
| Q4 24 | $2.9M | $-2.2M | ||
| Q3 24 | $879.0K | $-2.0M | ||
| Q2 24 | $3.7M | $-8.0M | ||
| Q1 24 | $336.0K | $-20.5M |
自由现金流ASYSVELO
| Q4 25 | $3.8M | $-8.3M | ||
| Q3 25 | $2.0M | $-6.3M | ||
| Q2 25 | $2.0M | $-3.0M | ||
| Q1 25 | $201.0K | — | ||
| Q4 24 | $2.7M | $-2.2M | ||
| Q3 24 | $447.0K | $-2.0M | ||
| Q2 24 | $322.0K | $-8.0M | ||
| Q1 24 | $-884.0K | $-20.5M |
自由现金流率ASYSVELO
| Q4 25 | 20.2% | -88.3% | ||
| Q3 25 | 10.2% | -46.5% | ||
| Q2 25 | 10.1% | -22.2% | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 11.2% | -17.7% | ||
| Q3 24 | 1.9% | -24.2% | ||
| Q2 24 | 1.2% | -77.1% | ||
| Q1 24 | -3.5% | -209.8% |
资本支出强度ASYSVELO
| Q4 25 | 1.5% | 6.4% | ||
| Q3 25 | 1.2% | 2.3% | ||
| Q2 25 | 2.8% | 13.3% | ||
| Q1 25 | 0.1% | 0.0% | ||
| Q4 24 | 0.6% | 0.2% | ||
| Q3 24 | 1.8% | 0.2% | ||
| Q2 24 | 12.5% | 0.0% | ||
| Q1 24 | 4.8% | 0.1% |
现金转化率ASYSVELO
| Q4 25 | 37.99× | — | ||
| Q3 25 | 2.12× | — | ||
| Q2 25 | 23.89× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 9.19× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 8.35× | -8.52× | ||
| 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% |
VELO
暂无分部数据
