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CODEXIS, INC.（CDXS）与REX AMERICAN RESOURCES Corp（REX）财务数据对比。点击上方公司名可切换其他公司
REX AMERICAN RESOURCES Corp的季度营收约是CODEXIS, INC.的4.5倍（$175.6M vs $38.9M）。CODEXIS, INC.净利率更高（24.7% vs 15.6%，领先9.0%）。CODEXIS, INC.同比增速更快（81.3% vs 0.4%）。REX AMERICAN RESOURCES Corp自由现金流更多（$24.5M vs $19.6M）。过去两年CODEXIS, INC.的营收复合增速更高（51.0% vs -3.2%）
科迪西斯是一家专注于蛋白质工程的企业，核心业务是开发可应用于制药、食品及医疗领域的酶制剂，依托自身技术优势为相关行业提供高性能的生物催化解决方案，助力生命科学与食品加工领域的技术升级。
REX美国资源公司是一家美国能源企业，1980年成立，总部位于俄亥俄州代顿市。公司主营乙醇、酒糟与天然气的生产及零售，同时也对能源相关企业进行投资控股。目前全资拥有三家关联企业，截至2012年，公司旗下拥有22家全国性零售门店，并参股了五个乙醇生产项目。
CDXS vs REX — 直观对比
营收规模更大
REX
是对方的4.5倍
$38.9M
营收增速更快
CDXS
高出80.9%
0.4%
净利率更高
CDXS
高出9.0%
15.6%
自由现金流更多
REX
多$4.9M
$19.6M
两年增速更快
CDXS
近两年复合增速
-3.2%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $38.9M | $175.6M |
| 净利润 | $9.6M | $27.5M |
| 毛利率 | 94.8% | 20.6% |
| 营业利润率 | 27.1% | 20.2% |
| 净利率 | 24.7% | 15.6% |
| 营收同比 | 81.3% | 0.4% |
| 净利润同比 | 192.5% | -8.7% |
| 每股收益（稀释后） | $0.13 | $0.71 |
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CDXSREX
| Q4 25 | $38.9M | $175.6M | ||
| Q3 25 | $8.6M | $158.6M | ||
| Q2 25 | $15.3M | $158.3M | ||
| Q1 25 | $7.5M | $158.2M | ||
| Q4 24 | $21.5M | $174.9M | ||
| Q3 24 | $12.8M | $148.2M | ||
| Q2 24 | $8.0M | $161.2M | ||
| Q1 24 | $17.1M | $187.6M |
净利润CDXSREX
| Q4 25 | $9.6M | $27.5M | ||
| Q3 25 | $-19.6M | $9.3M | ||
| Q2 25 | $-13.3M | $10.7M | ||
| Q1 25 | $-20.7M | $14.1M | ||
| Q4 24 | $-10.4M | $30.1M | ||
| Q3 24 | $-20.6M | $15.0M | ||
| Q2 24 | $-22.8M | $12.3M | ||
| Q1 24 | $-11.5M | $25.3M |
毛利率CDXSREX
| Q4 25 | 94.8% | 20.6% | ||
| Q3 25 | 71.3% | 9.0% | ||
| Q2 25 | 86.3% | 9.1% | ||
| Q1 25 | 63.8% | 11.1% | ||
| Q4 24 | 83.0% | 22.7% | ||
| Q3 24 | 66.4% | 13.3% | ||
| Q2 24 | 56.6% | 9.0% | ||
| Q1 24 | 71.6% | 16.2% |
营业利润率CDXSREX
| Q4 25 | 27.1% | 20.2% | ||
| Q3 25 | -220.3% | — | ||
| Q2 25 | -83.9% | — | ||
| Q1 25 | -271.6% | 11.3% | ||
| Q4 24 | -34.2% | 22.6% | ||
| Q3 24 | -129.0% | 13.2% | ||
| Q2 24 | -284.9% | 9.9% | ||
| Q1 24 | -69.6% | 17.3% |
净利率CDXSREX
| Q4 25 | 24.7% | 15.6% | ||
| Q3 25 | -228.1% | 5.9% | ||
| Q2 25 | -86.6% | 6.7% | ||
| Q1 25 | -274.3% | 8.9% | ||
| Q4 24 | -48.4% | 17.2% | ||
| Q3 24 | -160.8% | 10.1% | ||
| Q2 24 | -285.2% | 7.6% | ||
| Q1 24 | -67.4% | 13.5% |
每股收益（稀释后）CDXSREX
| Q4 25 | $0.13 | $0.71 | ||
| Q3 25 | $-0.22 | $0.43 | ||
| Q2 25 | $-0.16 | $0.51 | ||
| Q1 25 | $-0.25 | $-0.32 | ||
| Q4 24 | $-0.12 | $0.69 | ||
| Q3 24 | $-0.29 | $0.70 | ||
| Q2 24 | $-0.32 | $0.58 | ||
| Q1 24 | $-0.16 | $-0.58 |
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 | $78.2M | $335.5M |
| 总债务越低越好 | $40.1M | — |
| 股东权益账面价值 | $50.5M | $566.9M |
| 总资产 | $147.8M | $750.1M |
| 负债/权益比越低杠杆越低 | 0.79× | — |
8季度趋势，按日历期对齐
现金及短期投资CDXSREX
| Q4 25 | $78.2M | $335.5M | ||
| Q3 25 | $58.7M | $310.5M | ||
| Q2 25 | $66.3M | $315.9M | ||
| Q1 25 | $59.8M | $359.1M | ||
| Q4 24 | $73.5M | $365.1M | ||
| Q3 24 | $90.3M | $346.0M | ||
| Q2 24 | $73.2M | $351.8M | ||
| Q1 24 | $85.5M | $378.7M |
总债务CDXSREX
| Q4 25 | $40.1M | — | ||
| Q3 25 | $39.7M | — | ||
| Q2 25 | $39.4M | — | ||
| Q1 25 | $29.2M | — | ||
| Q4 24 | $28.9M | — | ||
| Q3 24 | $28.6M | — | ||
| Q2 24 | $28.4M | — | ||
| Q1 24 | $28.1M | — |
股东权益CDXSREX
| Q4 25 | $50.5M | $566.9M | ||
| Q3 25 | $38.5M | $545.8M | ||
| Q2 25 | $55.6M | $536.4M | ||
| Q1 25 | $49.6M | $560.3M | ||
| Q4 24 | $66.9M | $564.5M | ||
| Q3 24 | $73.4M | $539.6M | ||
| Q2 24 | $61.4M | $524.5M | ||
| Q1 24 | $79.3M | $513.9M |
总资产CDXSREX
| Q4 25 | $147.8M | $750.1M | ||
| Q3 25 | $124.0M | $700.6M | ||
| Q2 25 | $138.2M | $693.8M | ||
| Q1 25 | $128.9M | $720.0M | ||
| Q4 24 | $149.0M | $715.7M | ||
| Q3 24 | $148.2M | $680.0M | ||
| Q2 24 | $132.0M | $671.0M | ||
| Q1 24 | $149.6M | $664.8M |
负债/权益比CDXSREX
| Q4 25 | 0.79× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.46× | — | ||
| Q1 24 | 0.35× | — |
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 | $20.1M | $51.2M |
| 自由现金流经营现金流 - 资本支出 | $19.6M | $24.5M |
| 自由现金流率自由现金流/营收 | 50.3% | 14.0% |
| 资本支出强度资本支出/营收 | 1.3% | 15.2% |
| 现金转化率经营现金流/净利润 | 2.09× | 1.87× |
| 过去12个月自由现金流最近4个季度 | $-23.8M | $17.6M |
8季度趋势，按日历期对齐
经营现金流CDXSREX
| Q4 25 | $20.1M | $51.2M | ||
| Q3 25 | $-7.7M | $16.3M | ||
| Q2 25 | $-18.0M | $-3.5M | ||
| Q1 25 | $-13.8M | $25.1M | ||
| Q4 24 | $-16.5M | $33.4M | ||
| Q3 24 | $-13.0M | $8.0M | ||
| Q2 24 | $-12.2M | $-2.3M | ||
| Q1 24 | $-7.8M | $62.5M |
自由现金流CDXSREX
| Q4 25 | $19.6M | $24.5M | ||
| Q3 25 | $-7.9M | $-5.7M | ||
| Q2 25 | $-20.5M | $-10.4M | ||
| Q1 25 | $-15.1M | $9.2M | ||
| Q4 24 | $-18.2M | $18.2M | ||
| Q3 24 | $-14.0M | $-7.4M | ||
| Q2 24 | $-12.6M | $-27.1M | ||
| Q1 24 | $-8.9M | $47.2M |
自由现金流率CDXSREX
| Q4 25 | 50.3% | 14.0% | ||
| Q3 25 | -91.7% | -3.6% | ||
| Q2 25 | -133.6% | -6.6% | ||
| Q1 25 | -199.6% | 5.8% | ||
| Q4 24 | -85.0% | 10.4% | ||
| Q3 24 | -109.0% | -5.0% | ||
| Q2 24 | -157.5% | -16.8% | ||
| Q1 24 | -52.2% | 25.2% |
资本支出强度CDXSREX
| Q4 25 | 1.3% | 15.2% | ||
| Q3 25 | 2.1% | 13.9% | ||
| Q2 25 | 16.4% | 4.4% | ||
| Q1 25 | 16.7% | 10.0% | ||
| Q4 24 | 8.3% | 8.7% | ||
| Q3 24 | 7.8% | 10.4% | ||
| Q2 24 | 5.0% | 15.4% | ||
| Q1 24 | 6.6% | 8.2% |
现金转化率CDXSREX
| Q4 25 | 2.09× | 1.87× | ||
| Q3 25 | — | 1.75× | ||
| Q2 25 | — | -0.33× | ||
| Q1 25 | — | 1.78× | ||
| Q4 24 | — | 1.11× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | -0.18× | ||
| Q1 24 | — | 2.47× |
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
CDXS
暂无分部数据
REX
| Ethanol | $136.0M | 77% |
| Dried Distillers Grains | $22.4M | 13% |
| Distillers Corn Oil | $16.4M | 9% |
| Modified Distillers Grains | $1.2M | 1% |
