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BEL FUSE INC（BELFA）与Revolve Group, Inc.（RVLV）财务数据对比。点击上方公司名可切换其他公司
Revolve Group, Inc.的季度营收约是BEL FUSE INC的1.8倍（$324.4M vs $175.9M），Revolve Group, Inc.净利率更高（5.7% vs 3.7%，领先2.1%），BEL FUSE INC同比增速更快（17.4% vs 10.4%），BEL FUSE INC自由现金流更多（$26.1M vs $-13.3M），过去两年BEL FUSE INC的营收复合增速更高（17.2% vs 9.5%）
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。
Revolve Theatre Company是总部位于英国泰晤士河畔亨利的剧团，专注于创作演出政治题材和莎士比亚系列戏剧作品，由奥利弗·登奇、乔·莫里斯与汤姆·史密斯共同创立运营。
BELFA vs RVLV — 直观对比
营收规模更大
RVLV
是对方的1.8倍
$175.9M
营收增速更快
BELFA
高出7.0%
10.4%
净利率更高
RVLV
高出2.1%
3.7%
自由现金流更多
BELFA
多$39.4M
$-13.3M
两年增速更快
BELFA
近两年复合增速
9.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $175.9M | $324.4M |
| 净利润 | $6.4M | $18.6M |
| 毛利率 | 39.4% | 53.3% |
| 营业利润率 | 14.7% | 6.3% |
| 净利率 | 3.7% | 5.7% |
| 营收同比 | 17.4% | 10.4% |
| 净利润同比 | 0.1% | 50.4% |
| 每股收益（稀释后） | — | $0.27 |
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BELFARVLV
| Q4 25 | $175.9M | $324.4M | ||
| Q3 25 | $179.0M | $295.6M | ||
| Q2 25 | $168.3M | $309.0M | ||
| Q1 25 | $152.2M | $296.7M | ||
| Q4 24 | $149.9M | $293.7M | ||
| Q3 24 | $123.6M | $283.1M | ||
| Q2 24 | $133.2M | $282.5M | ||
| Q1 24 | $128.1M | $270.6M |
净利润BELFARVLV
| Q4 25 | $6.4M | $18.6M | ||
| Q3 25 | $22.6M | $21.2M | ||
| Q2 25 | $26.8M | $10.2M | ||
| Q1 25 | $17.9M | $11.8M | ||
| Q4 24 | $6.4M | $12.3M | ||
| Q3 24 | $8.1M | $11.0M | ||
| Q2 24 | $18.8M | $15.4M | ||
| Q1 24 | $15.9M | $10.9M |
毛利率BELFARVLV
| Q4 25 | 39.4% | 53.3% | ||
| Q3 25 | 39.7% | 54.6% | ||
| Q2 25 | 38.7% | 54.1% | ||
| Q1 25 | 38.6% | 52.0% | ||
| Q4 24 | 37.5% | 52.5% | ||
| Q3 24 | 36.1% | 51.2% | ||
| Q2 24 | 40.1% | 54.0% | ||
| Q1 24 | 37.5% | 52.3% |
营业利润率BELFARVLV
| Q4 25 | 14.7% | 6.3% | ||
| Q3 25 | 16.9% | 7.1% | ||
| Q2 25 | 17.7% | 5.8% | ||
| Q1 25 | 16.4% | 5.0% | ||
| Q4 24 | 8.3% | 3.9% | ||
| Q3 24 | 9.3% | 5.0% | ||
| Q2 24 | 17.0% | 5.8% | ||
| Q1 24 | 13.9% | 3.4% |
净利率BELFARVLV
| Q4 25 | 3.7% | 5.7% | ||
| Q3 25 | 12.6% | 7.2% | ||
| Q2 25 | 15.9% | 3.3% | ||
| Q1 25 | 11.7% | 4.0% | ||
| Q4 24 | 4.3% | 4.2% | ||
| Q3 24 | 6.5% | 3.9% | ||
| Q2 24 | 14.1% | 5.4% | ||
| Q1 24 | 12.4% | 4.0% |
每股收益（稀释后）BELFARVLV
| Q4 25 | — | $0.27 | ||
| Q3 25 | — | $0.29 | ||
| Q2 25 | — | $0.14 | ||
| Q1 25 | — | $0.16 | ||
| Q4 24 | — | $0.18 | ||
| Q3 24 | — | $0.15 | ||
| Q2 24 | — | $0.21 | ||
| Q1 24 | — | $0.15 |
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 | $57.8M | $292.3M |
| 总债务越低越好 | $197.5M | — |
| 股东权益账面价值 | $425.5M | $512.5M |
| 总资产 | $935.2M | $765.0M |
| 负债/权益比越低杠杆越低 | 0.46× | — |
8季度趋势，按日历期对齐
现金及短期投资BELFARVLV
| Q4 25 | $57.8M | $292.3M | ||
| Q3 25 | $57.7M | $315.4M | ||
| Q2 25 | $59.3M | $310.7M | ||
| Q1 25 | $65.9M | $300.8M | ||
| Q4 24 | $68.3M | $256.6M | ||
| Q3 24 | $134.3M | $252.8M | ||
| Q2 24 | $85.0M | $244.7M | ||
| Q1 24 | $71.3M | $273.4M |
总债务BELFARVLV
| Q4 25 | $197.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $287.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BELFARVLV
| Q4 25 | $425.5M | $512.5M | ||
| Q3 25 | $427.8M | $490.2M | ||
| Q2 25 | $404.7M | $468.6M | ||
| Q1 25 | $376.9M | $453.4M | ||
| Q4 24 | $360.6M | $437.8M | ||
| Q3 24 | $367.4M | $420.8M | ||
| Q2 24 | $356.4M | $405.8M | ||
| Q1 24 | $346.7M | $389.9M |
总资产BELFARVLV
| Q4 25 | $935.2M | $765.0M | ||
| Q3 25 | $952.8M | $751.3M | ||
| Q2 25 | $950.6M | $722.9M | ||
| Q1 25 | $940.5M | $713.9M | ||
| Q4 24 | $949.8M | $665.5M | ||
| Q3 24 | $584.4M | $670.9M | ||
| Q2 24 | $567.6M | $657.8M | ||
| Q1 24 | $555.3M | $650.0M |
负债/权益比BELFARVLV
| Q4 25 | 0.46× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.80× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $29.6M | $-10.2M |
| 自由现金流经营现金流 - 资本支出 | $26.1M | $-13.3M |
| 自由现金流率自由现金流/营收 | 14.9% | -4.1% |
| 资本支出强度资本支出/营收 | 1.9% | 1.0% |
| 现金转化率经营现金流/净利润 | 4.59× | -0.55× |
| 过去12个月自由现金流最近4个季度 | $68.6M | $48.0M |
8季度趋势，按日历期对齐
经营现金流BELFARVLV
| Q4 25 | $29.6M | $-10.2M | ||
| Q3 25 | $22.2M | $11.8M | ||
| Q2 25 | $20.7M | $12.6M | ||
| Q1 25 | $8.1M | $45.1M | ||
| Q4 24 | $8.3M | $3.9M | ||
| Q3 24 | $27.4M | $9.1M | ||
| Q2 24 | $32.2M | $-24.7M | ||
| Q1 24 | $6.2M | $38.4M |
自由现金流BELFARVLV
| Q4 25 | $26.1M | $-13.3M | ||
| Q3 25 | $20.3M | $7.5M | ||
| Q2 25 | $16.8M | $10.4M | ||
| Q1 25 | $5.4M | $43.4M | ||
| Q4 24 | $2.1M | $2.1M | ||
| Q3 24 | $23.7M | $8.0M | ||
| Q2 24 | $30.8M | $-25.7M | ||
| Q1 24 | $3.2M | $36.7M |
自由现金流率BELFARVLV
| Q4 25 | 14.9% | -4.1% | ||
| Q3 25 | 11.4% | 2.5% | ||
| Q2 25 | 10.0% | 3.4% | ||
| Q1 25 | 3.5% | 14.6% | ||
| Q4 24 | 1.4% | 0.7% | ||
| Q3 24 | 19.2% | 2.8% | ||
| Q2 24 | 23.2% | -9.1% | ||
| Q1 24 | 2.5% | 13.5% |
资本支出强度BELFARVLV
| Q4 25 | 1.9% | 1.0% | ||
| Q3 25 | 1.0% | 1.5% | ||
| Q2 25 | 2.3% | 0.7% | ||
| Q1 25 | 1.8% | 0.6% | ||
| Q4 24 | 4.1% | 0.6% | ||
| Q3 24 | 2.9% | 0.4% | ||
| Q2 24 | 1.0% | 0.4% | ||
| Q1 24 | 2.3% | 0.6% |
现金转化率BELFARVLV
| Q4 25 | 4.59× | -0.55× | ||
| Q3 25 | 0.98× | 0.56× | ||
| Q2 25 | 0.77× | 1.24× | ||
| Q1 25 | 0.46× | 3.82× | ||
| Q4 24 | 1.30× | 0.32× | ||
| Q3 24 | 3.39× | 0.83× | ||
| Q2 24 | 1.71× | -1.60× | ||
| Q1 24 | 0.39× | 3.53× |
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
BELFA
| Sales Channel Directly To Consumer | $128.1M | 73% |
| Sales Channel Through Intermediary | $47.8M | 27% |
RVLV
| Fashion Apparel | $155.1M | 48% |
| Dresses | $76.4M | 24% |
| Handbags Shoes And Accessories | $67.6M | 21% |
| Beauty | $20.3M | 6% |
| Manufactured Product Other | $5.0M | 2% |
| Breakage On Store Credit And Gift Cards | $900.0K | 0% |
