vs
biote Corp.（BTMD）与READING INTERNATIONAL INC（RDI）财务数据对比。点击上方公司名可切换其他公司
READING INTERNATIONAL INC的季度营收约是biote Corp.的1.1倍（$50.3M vs $46.4M），biote Corp.净利率更高（4.2% vs -5.1%，领先9.3%），biote Corp.同比增速更快（-6.9% vs -14.2%），biote Corp.自由现金流更多（$6.5M vs $4.1M），过去两年READING INTERNATIONAL INC的营收复合增速更高（5.6% vs -0.4%）
biote Corp是一家专注于个性化生物同质性激素替代疗法的医疗企业，主要面向美国市场运营，为持牌医疗从业者提供相关培训课程，同时推出配套健康补剂与诊断服务，以提升患者诊疗效果。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
BTMD vs RDI — 直观对比
营收规模更大
RDI
是对方的1.1倍
$46.4M
营收增速更快
BTMD
高出7.3%
-14.2%
净利率更高
BTMD
高出9.3%
-5.1%
自由现金流更多
BTMD
多$2.4M
$4.1M
两年增速更快
RDI
近两年复合增速
-0.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $46.4M | $50.3M |
| 净利润 | $2.0M | $-2.6M |
| 毛利率 | — | — |
| 营业利润率 | 14.7% | -1.9% |
| 净利率 | 4.2% | -5.1% |
| 营收同比 | -6.9% | -14.2% |
| 净利润同比 | -47.2% | -14.5% |
| 每股收益（稀释后） | $0.05 | $-0.11 |
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BTMDRDI
| Q4 25 | $46.4M | $50.3M | ||
| Q3 25 | $48.0M | $52.2M | ||
| Q2 25 | $48.9M | $60.4M | ||
| Q1 25 | $49.0M | $40.2M | ||
| Q4 24 | $49.8M | $58.6M | ||
| Q3 24 | $51.4M | $60.1M | ||
| Q2 24 | $49.2M | $46.8M | ||
| Q1 24 | $46.8M | $45.1M |
净利润BTMDRDI
| Q4 25 | $2.0M | $-2.6M | ||
| Q3 25 | $8.2M | $-4.2M | ||
| Q2 25 | $3.2M | $-2.7M | ||
| Q1 25 | $13.7M | $-4.8M | ||
| Q4 24 | $3.7M | $-2.2M | ||
| Q3 24 | $10.7M | $-7.0M | ||
| Q2 24 | $-7.1M | $-12.8M | ||
| Q1 24 | $-4.2M | $-13.2M |
营业利润率BTMDRDI
| Q4 25 | 14.7% | -1.9% | ||
| Q3 25 | 17.2% | -0.6% | ||
| Q2 25 | 22.0% | 4.8% | ||
| Q1 25 | 19.8% | -17.2% | ||
| Q4 24 | 5.6% | 2.6% | ||
| Q3 24 | 23.7% | -0.6% | ||
| Q2 24 | 12.7% | -16.4% | ||
| Q1 24 | 22.3% | -16.7% |
净利率BTMDRDI
| Q4 25 | 4.2% | -5.1% | ||
| Q3 25 | 17.1% | -8.0% | ||
| Q2 25 | 6.5% | -4.4% | ||
| Q1 25 | 28.0% | -11.8% | ||
| Q4 24 | 7.4% | -3.8% | ||
| Q3 24 | 20.8% | -11.7% | ||
| Q2 24 | -14.4% | -27.4% | ||
| Q1 24 | -8.9% | -29.4% |
每股收益（稀释后）BTMDRDI
| Q4 25 | $0.05 | $-0.11 | ||
| Q3 25 | $0.22 | $-0.18 | ||
| Q2 25 | $0.10 | $-0.12 | ||
| Q1 25 | $0.37 | $-0.21 | ||
| Q4 24 | $0.09 | $-0.11 | ||
| Q3 24 | $0.33 | $-0.31 | ||
| Q2 24 | $-0.21 | $-0.57 | ||
| Q1 24 | $-0.12 | $-0.59 |
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 | $24.1M | $10.5M |
| 总债务越低越好 | $103.1M | $185.1M |
| 股东权益账面价值 | $-58.5M | $-18.2M |
| 总资产 | $107.6M | $434.9M |
| 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BTMDRDI
| Q4 25 | $24.1M | $10.5M | ||
| Q3 25 | $28.0M | $8.1M | ||
| Q2 25 | $19.6M | $9.1M | ||
| Q1 25 | $41.7M | $5.9M | ||
| Q4 24 | $39.3M | $12.4M | ||
| Q3 24 | $38.2M | $10.1M | ||
| Q2 24 | $26.4M | $9.3M | ||
| Q1 24 | $78.8M | $7.5M |
总债务BTMDRDI
| Q4 25 | $103.1M | $185.1M | ||
| Q3 25 | $104.7M | — | ||
| Q2 25 | $106.3M | — | ||
| Q1 25 | $107.8M | — | ||
| Q4 24 | $109.4M | $202.7M | ||
| Q3 24 | $110.9M | — | ||
| Q2 24 | $112.5M | — | ||
| Q1 24 | $114.1M | — |
股东权益BTMDRDI
| Q4 25 | $-58.5M | $-18.2M | ||
| Q3 25 | $-72.8M | $-12.1M | ||
| Q2 25 | $-85.1M | $-7.7M | ||
| Q1 25 | $-90.0M | $-8.1M | ||
| Q4 24 | $-105.9M | $-4.4M | ||
| Q3 24 | $-130.3M | $1.6M | ||
| Q2 24 | $-143.2M | $6.5M | ||
| Q1 24 | $-36.0M | $18.0M |
总资产BTMDRDI
| Q4 25 | $107.6M | $434.9M | ||
| Q3 25 | $111.3M | $435.2M | ||
| Q2 25 | $104.8M | $438.1M | ||
| Q1 25 | $123.4M | $441.0M | ||
| Q4 24 | $122.4M | $471.0M | ||
| Q3 24 | $101.3M | $495.7M | ||
| Q2 24 | $92.9M | $494.9M | ||
| Q1 24 | $160.1M | $494.9M |
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 | $7.6M | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $6.5M | $4.1M |
| 自由现金流率自由现金流/营收 | 14.0% | 8.2% |
| 资本支出强度资本支出/营收 | 2.3% | 0.3% |
| 现金转化率经营现金流/净利润 | 3.87× | — |
| 过去12个月自由现金流最近4个季度 | $30.2M | $-2.9M |
8季度趋势，按日历期对齐
经营现金流BTMDRDI
| Q4 25 | $7.6M | $4.3M | ||
| Q3 25 | $14.1M | $295.0K | ||
| Q2 25 | $7.1M | $1.6M | ||
| Q1 25 | $6.5M | $-7.7M | ||
| Q4 24 | $12.4M | $8.0M | ||
| Q3 24 | $15.6M | $1.3M | ||
| Q2 24 | $9.9M | $-10.4M | ||
| Q1 24 | $7.4M | $-2.8M |
自由现金流BTMDRDI
| Q4 25 | $6.5M | $4.1M | ||
| Q3 25 | $13.6M | $-246.0K | ||
| Q2 25 | $5.3M | $1.2M | ||
| Q1 25 | $4.8M | $-8.0M | ||
| Q4 24 | $10.7M | $7.0M | ||
| Q3 24 | $14.0M | $-1.1M | ||
| Q2 24 | $7.4M | $-10.6M | ||
| Q1 24 | $6.7M | $-4.7M |
自由现金流率BTMDRDI
| Q4 25 | 14.0% | 8.2% | ||
| Q3 25 | 28.3% | -0.5% | ||
| Q2 25 | 10.8% | 1.9% | ||
| Q1 25 | 9.9% | -19.8% | ||
| Q4 24 | 21.5% | 12.0% | ||
| Q3 24 | 27.3% | -1.8% | ||
| Q2 24 | 15.1% | -22.7% | ||
| Q1 24 | 14.2% | -10.4% |
资本支出强度BTMDRDI
| Q4 25 | 2.3% | 0.3% | ||
| Q3 25 | 1.0% | 1.0% | ||
| Q2 25 | 3.7% | 0.6% | ||
| Q1 25 | 3.3% | 0.6% | ||
| Q4 24 | 3.4% | 1.7% | ||
| Q3 24 | 3.0% | 4.0% | ||
| Q2 24 | 5.1% | 0.5% | ||
| Q1 24 | 1.5% | 4.3% |
现金转化率BTMDRDI
| Q4 25 | 3.87× | — | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | 2.22× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 3.34× | — | ||
| Q3 24 | 1.45× | — | ||
| 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
BTMD
| Product Revenue | $45.3M | 98% |
| Disposable Trocars Product Revenue | $1.2M | 3% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
