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BEL FUSE INC（BELFA）与REPUBLIC BANCORP INC（RBCAA）财务数据对比。点击上方公司名可切换其他公司
BEL FUSE INC的季度营收约是REPUBLIC BANCORP INC的1.9倍（$178.5M vs $94.3M），REPUBLIC BANCORP INC净利率更高（24.2% vs 8.4%，领先15.8%），BEL FUSE INC同比增速更快（17.2% vs 5.3%），过去两年BEL FUSE INC的营收复合增速更高（15.8% vs -11.5%）
Bel Fuse Inc.是一家全球化电子元器件制造商，主营互连解决方案、磁元件及电路保护产品，服务汽车、数据通信、航空航天、工业、消费电子等领域的原始设备制造商和合同制造商，业务覆盖北美、欧洲、亚洲多地。
肯塔基州共和银行是美国的一家区域性银行控股企业，提供零售及商业银行全品类服务，涵盖个人存贷款、企业融资、按揭产品及财富管理解决方案，主要服务肯塔基州及周边州的个人消费者和中小企业客户。
BELFA vs RBCAA — 直观对比
营收规模更大
BELFA
是对方的1.9倍
$94.3M
营收增速更快
BELFA
高出11.9%
5.3%
净利率更高
RBCAA
高出15.8%
8.4%
两年增速更快
BELFA
近两年复合增速
-11.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $178.5M | $94.3M |
| 净利润 | $15.0M | $22.8M |
| 毛利率 | 39.0% | — |
| 营业利润率 | 13.3% | 29.3% |
| 净利率 | 8.4% | 24.2% |
| 营收同比 | 17.2% | 5.3% |
| 净利润同比 | -18.2% | 20.0% |
| 每股收益（稀释后） | — | — |
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BELFARBCAA
| Q1 26 | $178.5M | — | ||
| Q4 25 | $175.9M | $94.3M | ||
| Q3 25 | $179.0M | $93.5M | ||
| Q2 25 | $168.3M | $93.8M | ||
| Q1 25 | $152.2M | $135.8M | ||
| Q4 24 | $149.9M | $89.5M | ||
| Q3 24 | $123.6M | $88.1M | ||
| Q2 24 | $133.2M | $86.9M |
净利润BELFARBCAA
| Q1 26 | $15.0M | — | ||
| Q4 25 | $6.4M | $22.8M | ||
| Q3 25 | $22.6M | $29.7M | ||
| Q2 25 | $26.8M | $31.5M | ||
| Q1 25 | $17.9M | $47.3M | ||
| Q4 24 | $6.4M | $19.0M | ||
| Q3 24 | $8.1M | $26.5M | ||
| Q2 24 | $18.8M | $25.2M |
毛利率BELFARBCAA
| Q1 26 | 39.0% | — | ||
| Q4 25 | 39.4% | — | ||
| Q3 25 | 39.7% | — | ||
| Q2 25 | 38.7% | — | ||
| Q1 25 | 38.6% | — | ||
| Q4 24 | 37.5% | — | ||
| Q3 24 | 36.1% | — | ||
| Q2 24 | 40.1% | — |
营业利润率BELFARBCAA
| Q1 26 | 13.3% | — | ||
| Q4 25 | 14.7% | 29.3% | ||
| Q3 25 | 16.9% | 40.4% | ||
| Q2 25 | 17.7% | 43.0% | ||
| Q1 25 | 16.4% | 44.1% | ||
| Q4 24 | 8.3% | 25.8% | ||
| Q3 24 | 9.3% | 38.4% | ||
| Q2 24 | 17.0% | 37.0% |
净利率BELFARBCAA
| Q1 26 | 8.4% | — | ||
| Q4 25 | 3.7% | 24.2% | ||
| Q3 25 | 12.6% | 31.8% | ||
| Q2 25 | 15.9% | 33.5% | ||
| Q1 25 | 11.7% | 34.8% | ||
| Q4 24 | 4.3% | 21.2% | ||
| Q3 24 | 6.5% | 30.1% | ||
| Q2 24 | 14.1% | 29.0% |
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 | $59.4M | $220.0M |
| 总债务越低越好 | $204.5M | — |
| 股东权益账面价值 | $438.9M | $1.1B |
| 总资产 | $951.9M | $7.0B |
| 负债/权益比越低杠杆越低 | 0.47× | — |
8季度趋势，按日历期对齐
现金及短期投资BELFARBCAA
| Q1 26 | $59.4M | — | ||
| Q4 25 | $57.8M | $220.0M | ||
| Q3 25 | $57.7M | $484.2M | ||
| Q2 25 | $59.3M | $484.8M | ||
| Q1 25 | $65.9M | $793.0M | ||
| Q4 24 | $68.3M | $432.2M | ||
| Q3 24 | $134.3M | $530.9M | ||
| Q2 24 | $85.0M | $400.1M |
总债务BELFARBCAA
| Q1 26 | $204.5M | — | ||
| Q4 25 | $197.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $287.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BELFARBCAA
| Q1 26 | $438.9M | — | ||
| Q4 25 | $425.5M | $1.1B | ||
| Q3 25 | $427.8M | $1.1B | ||
| Q2 25 | $404.7M | $1.1B | ||
| Q1 25 | $376.9M | $1.0B | ||
| Q4 24 | $360.6M | $992.0M | ||
| Q3 24 | $367.4M | $979.7M | ||
| Q2 24 | $356.4M | $955.4M |
总资产BELFARBCAA
| Q1 26 | $951.9M | — | ||
| Q4 25 | $935.2M | $7.0B | ||
| Q3 25 | $952.8M | $7.0B | ||
| Q2 25 | $950.6M | $7.0B | ||
| Q1 25 | $940.5M | $7.1B | ||
| Q4 24 | $949.8M | $6.8B | ||
| Q3 24 | $584.4M | $6.7B | ||
| Q2 24 | $567.6M | $6.6B |
负债/权益比BELFARBCAA
| Q1 26 | 0.47× | — | ||
| Q4 25 | 0.46× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.80× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $13.8M | $168.2M |
| 自由现金流经营现金流 - 资本支出 | — | $161.1M |
| 自由现金流率自由现金流/营收 | — | 170.9% |
| 资本支出强度资本支出/营收 | — | 7.5% |
| 现金转化率经营现金流/净利润 | 0.92× | 7.37× |
| 过去12个月自由现金流最近4个季度 | — | $288.6M |
8季度趋势，按日历期对齐
经营现金流BELFARBCAA
| Q1 26 | $13.8M | — | ||
| Q4 25 | $29.6M | $168.2M | ||
| Q3 25 | $22.2M | $33.3M | ||
| Q2 25 | $20.7M | $8.4M | ||
| Q1 25 | $8.1M | $93.2M | ||
| Q4 24 | $8.3M | $149.0M | ||
| Q3 24 | $27.4M | $51.3M | ||
| Q2 24 | $32.2M | $4.0M |
自由现金流BELFARBCAA
| Q1 26 | — | — | ||
| Q4 25 | $26.1M | $161.1M | ||
| Q3 25 | $20.3M | $30.8M | ||
| Q2 25 | $16.8M | $5.2M | ||
| Q1 25 | $5.4M | $91.6M | ||
| Q4 24 | $2.1M | $143.2M | ||
| Q3 24 | $23.7M | $49.8M | ||
| Q2 24 | $30.8M | $2.7M |
自由现金流率BELFARBCAA
| Q1 26 | — | — | ||
| Q4 25 | 14.9% | 170.9% | ||
| Q3 25 | 11.4% | 32.9% | ||
| Q2 25 | 10.0% | 5.5% | ||
| Q1 25 | 3.5% | 67.4% | ||
| Q4 24 | 1.4% | 160.0% | ||
| Q3 24 | 19.2% | 56.5% | ||
| Q2 24 | 23.2% | 3.1% |
资本支出强度BELFARBCAA
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 7.5% | ||
| Q3 25 | 1.0% | 2.6% | ||
| Q2 25 | 2.3% | 3.5% | ||
| Q1 25 | 1.8% | 1.2% | ||
| Q4 24 | 4.1% | 6.5% | ||
| Q3 24 | 2.9% | 1.7% | ||
| Q2 24 | 1.0% | 1.5% |
现金转化率BELFARBCAA
| Q1 26 | 0.92× | — | ||
| Q4 25 | 4.59× | 7.37× | ||
| Q3 25 | 0.98× | 1.12× | ||
| Q2 25 | 0.77× | 0.27× | ||
| Q1 25 | 0.46× | 1.97× | ||
| Q4 24 | 1.30× | 7.84× | ||
| Q3 24 | 3.39× | 1.93× | ||
| Q2 24 | 1.71× | 0.16× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
