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BATTALION OIL CORP（BATL）与STEM, INC.（STEM）财务数据对比。点击上方公司名可切换其他公司
STEM, INC.的季度营收约是BATTALION OIL CORP的1.5倍（$47.1M vs $31.6M），BATTALION OIL CORP净利率更高（5.7% vs -33.9%，领先39.6%），STEM, INC.同比增速更快（-15.6% vs -36.1%），过去两年STEM, INC.的营收复合增速更高（36.1% vs -20.1%）
巴塔利昂石油公司是一家独立能源企业，核心业务为原油、天然气及天然气凝析液的勘探、开发与生产，主要运营资产位于美国得克萨斯州南部的伊格尔福特页岩区，服务北美能源市场的商业及工业客户。
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
BATL vs STEM — 直观对比
营收规模更大
STEM
是对方的1.5倍
$31.6M
营收增速更快
STEM
高出20.6%
-36.1%
净利率更高
BATL
高出39.6%
-33.9%
两年增速更快
STEM
近两年复合增速
-20.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $31.6M | $47.1M |
| 净利润 | $1.8M | $-16.0M |
| 毛利率 | — | 48.9% |
| 营业利润率 | -33.8% | -17.7% |
| 净利率 | 5.7% | -33.9% |
| 营收同比 | -36.1% | -15.6% |
| 净利润同比 | 108.1% | 68.8% |
| 每股收益（稀释后） | $-0.77 | $-4.40 |
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BATLSTEM
| Q4 25 | $31.6M | $47.1M | ||
| Q3 25 | $43.4M | $38.2M | ||
| Q2 25 | $42.6M | $38.4M | ||
| Q1 25 | $47.4M | $32.5M | ||
| Q4 24 | $49.5M | $55.8M | ||
| Q3 24 | $45.1M | $29.3M | ||
| Q2 24 | $49.1M | $34.0M | ||
| Q1 24 | $49.5M | $25.5M |
净利润BATLSTEM
| Q4 25 | $1.8M | $-16.0M | ||
| Q3 25 | $-735.0K | $-23.8M | ||
| Q2 25 | $4.8M | $202.5M | ||
| Q1 25 | $6.0M | $-25.0M | ||
| Q4 24 | $-22.2M | $-51.1M | ||
| Q3 24 | $21.6M | $-148.3M | ||
| Q2 24 | $-105.0K | $-582.3M | ||
| Q1 24 | $-31.2M | $-72.3M |
毛利率BATLSTEM
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | — | -95.0% |
营业利润率BATLSTEM
| Q4 25 | -33.8% | -17.7% | ||
| Q3 25 | 1.9% | -33.6% | ||
| Q2 25 | -0.4% | -34.8% | ||
| Q1 25 | 7.2% | -65.0% | ||
| Q4 24 | -36.2% | -84.4% | ||
| Q3 24 | 2.3% | -493.2% | ||
| Q2 24 | 10.4% | -1705.5% | ||
| Q1 24 | 0.0% | -267.0% |
净利率BATLSTEM
| Q4 25 | 5.7% | -33.9% | ||
| Q3 25 | -1.7% | -62.2% | ||
| Q2 25 | 11.3% | 527.8% | ||
| Q1 25 | 12.7% | -76.9% | ||
| Q4 24 | -44.9% | -91.6% | ||
| Q3 24 | 48.0% | -506.3% | ||
| Q2 24 | -0.2% | -1712.6% | ||
| Q1 24 | -63.0% | -283.9% |
每股收益（稀释后）BATLSTEM
| Q4 25 | $-0.77 | $-4.40 | ||
| Q3 25 | $-0.91 | $-2.84 | ||
| Q2 25 | $-0.21 | $-1.79 | ||
| Q1 25 | $-0.35 | $-0.15 | ||
| Q4 24 | $-1.47 | $-15.29 | ||
| Q3 24 | $0.34 | $-18.24 | ||
| Q2 24 | $-0.53 | $-71.81 | ||
| Q1 24 | $-2.24 | $-0.46 |
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 | $28.0M | $48.9M |
| 总债务越低越好 | $208.1M | — |
| 股东权益账面价值 | $-32.8M | $-249.4M |
| 总资产 | $460.7M | $308.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BATLSTEM
| Q4 25 | $28.0M | $48.9M | ||
| Q3 25 | $50.5M | $43.1M | ||
| Q2 25 | $44.6M | $40.8M | ||
| Q1 25 | $73.6M | $58.6M | ||
| Q4 24 | $19.7M | $56.3M | ||
| Q3 24 | $29.8M | $75.4M | ||
| Q2 24 | $54.4M | $89.6M | ||
| Q1 24 | $48.9M | $112.8M |
总债务BATLSTEM
| Q4 25 | $208.1M | — | ||
| Q3 25 | $213.8M | — | ||
| Q2 25 | $219.4M | — | ||
| Q1 25 | $225.1M | — | ||
| Q4 24 | $162.1M | — | ||
| Q3 24 | $147.8M | — | ||
| Q2 24 | $160.4M | — | ||
| Q1 24 | $190.2M | — |
股东权益BATLSTEM
| Q4 25 | $-32.8M | $-249.4M | ||
| Q3 25 | $-20.3M | $-235.7M | ||
| Q2 25 | $-5.2M | $-214.1M | ||
| Q1 25 | $-1.8M | $-417.5M | ||
| Q4 24 | $4.1M | $-398.4M | ||
| Q3 24 | $35.0M | $-344.1M | ||
| Q2 24 | $22.7M | $-203.2M | ||
| Q1 24 | $31.3M | $371.6M |
总资产BATLSTEM
| Q4 25 | $460.7M | $308.9M | ||
| Q3 25 | $491.7M | $362.6M | ||
| Q2 25 | $498.8M | $379.2M | ||
| Q1 25 | $506.2M | $405.1M | ||
| Q4 24 | $431.0M | $437.4M | ||
| Q3 24 | $458.0M | $537.8M | ||
| Q2 24 | $487.3M | $691.5M | ||
| Q1 24 | $488.6M | $1.3B |
负债/权益比BATLSTEM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 39.35× | — | ||
| Q3 24 | 4.23× | — | ||
| Q2 24 | 7.07× | — | ||
| Q1 24 | 6.07× | — |
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 | $-11.8M | $8.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | -6.58× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BATLSTEM
| Q4 25 | $-11.8M | $8.2M | ||
| Q3 25 | $28.0M | $11.4M | ||
| Q2 25 | $10.2M | $-21.3M | ||
| Q1 25 | $12.7M | $8.5M | ||
| Q4 24 | $6.7M | $-14.7M | ||
| Q3 24 | $-5.1M | $-9.4M | ||
| Q2 24 | $29.8M | $-11.9M | ||
| Q1 24 | $3.9M | $-621.0K |
现金转化率BATLSTEM
| Q4 25 | -6.58× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.13× | -0.11× | ||
| Q1 25 | 2.11× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.23× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
BATL
| Oil | $28.6M | 91% |
| Natural Gas Liquids Reserves | $3.9M | 12% |
STEM
暂无分部数据
