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阿普塔集团（ATR）与Northann Corp.（NCL）财务数据对比。点击上方公司名可切换其他公司
阿普塔集团的季度营收约是Northann Corp.的271.5倍（$962.7M vs $3.5M）。阿普塔集团净利率更高（7.7% vs -248.2%，领先255.9%）。Northann Corp.同比增速更快（38.6% vs 13.5%）。过去两年Northann Corp.的营收复合增速更高（28.1% vs 2.6%）
阿普塔集团（AptarGroup, Inc.）是总部位于美国的全球性制造企业，主营消费品分配包装产品及药物给药装置的研发与生产，目前在全球18个国家设有生产运营基地，服务医药、快消等多领域客户。
Northann Corp是一家家居用品企业，主营家纺产品、装饰配饰及相关家居商品的设计、生产与销售，核心市场覆盖北美、西欧及中国本土，主要面向中高端家居消费群体。
ATR vs NCL — 直观对比
营收规模更大
ATR
是对方的271.5倍
$3.5M
营收增速更快
NCL
高出25.1%
13.5%
净利率更高
ATR
高出255.9%
-248.2%
两年增速更快
NCL
近两年复合增速
2.6%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $962.7M | $3.5M |
| 净利润 | $74.3M | $-8.8M |
| 毛利率 | — | -40.6% |
| 营业利润率 | 11.0% | -246.9% |
| 净利率 | 7.7% | -248.2% |
| 营收同比 | 13.5% | 38.6% |
| 净利润同比 | -26.4% | -1872.0% |
| 每股收益（稀释后） | $1.13 | $-0.07 |
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ATRNCL
| Q4 25 | $962.7M | — | ||
| Q3 25 | $961.1M | $3.5M | ||
| Q2 25 | $966.0M | $1.7M | ||
| Q1 25 | $887.3M | $3.4M | ||
| Q4 24 | $848.1M | $4.3M | ||
| Q3 24 | $909.3M | $2.6M | ||
| Q2 24 | $910.1M | $3.9M | ||
| Q1 24 | $915.4M | $4.6M |
净利润ATRNCL
| Q4 25 | $74.3M | — | ||
| Q3 25 | $127.9M | $-8.8M | ||
| Q2 25 | $111.7M | $-2.3M | ||
| Q1 25 | $78.8M | $-2.6M | ||
| Q4 24 | $100.9M | $-3.9M | ||
| Q3 24 | $100.0M | $496.6K | ||
| Q2 24 | $90.5M | $-997.5K | ||
| Q1 24 | $83.1M | $60.0K |
毛利率ATRNCL
| Q4 25 | — | — | ||
| Q3 25 | — | -40.6% | ||
| Q2 25 | — | -53.6% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | -2.2% | ||
| Q3 24 | — | 63.7% | ||
| Q2 24 | — | 23.2% | ||
| Q1 24 | — | 33.6% |
营业利润率ATRNCL
| Q4 25 | 11.0% | — | ||
| Q3 25 | 14.2% | -246.9% | ||
| Q2 25 | 14.9% | -128.6% | ||
| Q1 25 | 12.8% | -74.9% | ||
| Q4 24 | 14.2% | -32.2% | ||
| Q3 24 | 15.2% | 21.6% | ||
| Q2 24 | 13.8% | -30.0% | ||
| Q1 24 | 12.2% | 7.1% |
净利率ATRNCL
| Q4 25 | 7.7% | — | ||
| Q3 25 | 13.3% | -248.2% | ||
| Q2 25 | 11.6% | -132.5% | ||
| Q1 25 | 8.9% | -76.5% | ||
| Q4 24 | 11.9% | -91.4% | ||
| Q3 24 | 11.0% | 19.4% | ||
| Q2 24 | 9.9% | -25.6% | ||
| Q1 24 | 9.1% | 1.3% |
每股收益（稀释后）ATRNCL
| Q4 25 | $1.13 | — | ||
| Q3 25 | $1.92 | $-0.07 | ||
| Q2 25 | $1.67 | $-0.02 | ||
| Q1 25 | $1.17 | $-0.03 | ||
| Q4 24 | $1.48 | $-0.16 | ||
| Q3 24 | $1.48 | $0.02 | ||
| Q2 24 | $1.34 | $-0.04 | ||
| Q1 24 | $1.23 | $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 | $409.5M | $40.9K |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $2.7B | $1.8M |
| 总资产 | $5.3B | $15.0M |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
现金及短期投资ATRNCL
| Q4 25 | $409.5M | — | ||
| Q3 25 | $264.8M | $40.9K | ||
| Q2 25 | $169.8M | $1.1M | ||
| Q1 25 | $136.8M | — | ||
| Q4 24 | $226.2M | $245.2K | ||
| Q3 24 | $327.9M | — | ||
| Q2 24 | $223.9M | — | ||
| Q1 24 | $201.1M | — |
总债务ATRNCL
| Q4 25 | $1.1B | — | ||
| Q3 25 | $546.0M | — | ||
| Q2 25 | $535.1M | — | ||
| Q1 25 | $561.2M | — | ||
| Q4 24 | $688.1M | — | ||
| Q3 24 | $822.7M | — | ||
| Q2 24 | $681.5M | — | ||
| Q1 24 | $680.4M | — |
股东权益ATRNCL
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.8B | $1.8M | ||
| Q2 25 | $2.7B | $4.4M | ||
| Q1 25 | $2.5B | $3.9M | ||
| Q4 24 | $2.5B | $2.6M | ||
| Q3 24 | $2.5B | $1.4M | ||
| Q2 24 | $2.4B | $969.0K | ||
| Q1 24 | $2.3B | $712.3K |
总资产ATRNCL
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.1B | $15.0M | ||
| Q2 25 | $4.9B | $16.5M | ||
| Q1 25 | $4.5B | $16.5M | ||
| Q4 24 | $4.4B | $13.9M | ||
| Q3 24 | $4.6B | $14.6M | ||
| Q2 24 | $4.5B | $13.1M | ||
| Q1 24 | $4.4B | $13.2M |
负债/权益比ATRNCL
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.20× | — | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 0.28× | — | ||
| Q3 24 | 0.32× | — | ||
| Q2 24 | 0.28× | — | ||
| 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 | $183.7M | $-15.6K |
| 自由现金流经营现金流 - 资本支出 | $96.9M | — |
| 自由现金流率自由现金流/营收 | 10.1% | — |
| 资本支出强度资本支出/营收 | 9.0% | — |
| 现金转化率经营现金流/净利润 | 2.47× | — |
| 过去12个月自由现金流最近4个季度 | $299.6M | — |
8季度趋势，按日历期对齐
经营现金流ATRNCL
| Q4 25 | $183.7M | — | ||
| Q3 25 | $177.6M | $-15.6K | ||
| Q2 25 | $126.0M | $-2.8M | ||
| Q1 25 | $82.7M | $-1.0M | ||
| Q4 24 | $178.2M | $-1.6M | ||
| Q3 24 | $229.3M | $169.7K | ||
| Q2 24 | $143.6M | $-122.2K | ||
| Q1 24 | $92.3M | $297.9K |
自由现金流ATRNCL
| Q4 25 | $96.9M | — | ||
| Q3 25 | $114.3M | — | ||
| Q2 25 | $62.5M | — | ||
| Q1 25 | $25.9M | — | ||
| Q4 24 | $112.2M | — | ||
| Q3 24 | $162.7M | — | ||
| Q2 24 | $75.4M | — | ||
| Q1 24 | $16.7M | — |
自由现金流率ATRNCL
| Q4 25 | 10.1% | — | ||
| Q3 25 | 11.9% | — | ||
| Q2 25 | 6.5% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 13.2% | — | ||
| Q3 24 | 17.9% | — | ||
| Q2 24 | 8.3% | — | ||
| Q1 24 | 1.8% | — |
资本支出强度ATRNCL
| Q4 25 | 9.0% | — | ||
| Q3 25 | 6.6% | — | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 7.5% | — | ||
| Q1 24 | 8.3% | — |
现金转化率ATRNCL
| Q4 25 | 2.47× | — | ||
| Q3 25 | 1.39× | — | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 2.29× | 0.34× | ||
| Q2 24 | 1.59× | — | ||
| Q1 24 | 1.11× | 4.96× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
