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CODEXIS, INC.（CDXS）与西湖化学（WLK）财务数据对比。点击上方公司名可切换其他公司
西湖化学的季度营收约是CODEXIS, INC.的65.1倍（$2.5B vs $38.9M）。CODEXIS, INC.净利率更高（24.7% vs -21.5%，领先46.1%）。CODEXIS, INC.同比增速更快（81.3% vs -10.9%）。CODEXIS, INC.自由现金流更多（$19.6M vs $-16.0M）。过去两年CODEXIS, INC.的营收复合增速更高（51.0% vs -7.7%）
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。
西湖化学是国际知名的石化产品、聚合物及装配式建筑产品生产商与供应商，产品广泛应用于各类消费及工业市场。公司1986年由赵廷箴创立，是美国最大的低密度聚乙烯生产商，位列福布斯全球2000强，业务分为烯烃和乙烯基两大板块，具备乙烯基产品下游一体化生产能力。
CDXS vs WLK — 直观对比
营收规模更大
WLK
是对方的65.1倍
$38.9M
营收增速更快
CDXS
高出92.2%
-10.9%
净利率更高
CDXS
高出46.1%
-21.5%
自由现金流更多
CDXS
多$35.6M
$-16.0M
两年增速更快
CDXS
近两年复合增速
-7.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $38.9M | $2.5B |
| 净利润 | $9.6M | $-544.0M |
| 毛利率 | 94.8% | 3.4% |
| 营业利润率 | 27.1% | -26.5% |
| 净利率 | 24.7% | -21.5% |
| 营收同比 | 81.3% | -10.9% |
| 净利润同比 | 192.5% | -7871.4% |
| 每股收益（稀释后） | $0.13 | $-4.22 |
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CDXSWLK
| Q4 25 | $38.9M | $2.5B | ||
| Q3 25 | $8.6M | $2.8B | ||
| Q2 25 | $15.3M | $3.0B | ||
| Q1 25 | $7.5M | $2.8B | ||
| Q4 24 | $21.5M | $2.8B | ||
| Q3 24 | $12.8M | $3.1B | ||
| Q2 24 | $8.0M | $3.2B | ||
| Q1 24 | $17.1M | $3.0B |
净利润CDXSWLK
| Q4 25 | $9.6M | $-544.0M | ||
| Q3 25 | $-19.6M | $-782.0M | ||
| Q2 25 | $-13.3M | $-142.0M | ||
| Q1 25 | $-20.7M | $-40.0M | ||
| Q4 24 | $-10.4M | $7.0M | ||
| Q3 24 | $-20.6M | $108.0M | ||
| Q2 24 | $-22.8M | $313.0M | ||
| Q1 24 | $-11.5M | $174.0M |
毛利率CDXSWLK
| Q4 25 | 94.8% | 3.4% | ||
| Q3 25 | 71.3% | 8.3% | ||
| Q2 25 | 86.3% | 8.7% | ||
| Q1 25 | 63.8% | 8.2% | ||
| Q4 24 | 83.0% | 11.5% | ||
| Q3 24 | 66.4% | 16.0% | ||
| Q2 24 | 56.6% | 20.7% | ||
| Q1 24 | 71.6% | 15.7% |
营业利润率CDXSWLK
| Q4 25 | 27.1% | -26.5% | ||
| Q3 25 | -220.3% | -27.0% | ||
| Q2 25 | -83.9% | -3.7% | ||
| Q1 25 | -271.6% | -1.1% | ||
| Q4 24 | -34.2% | 2.3% | ||
| Q3 24 | -129.0% | 5.8% | ||
| Q2 24 | -284.9% | 12.7% | ||
| Q1 24 | -69.6% | 7.5% |
净利率CDXSWLK
| Q4 25 | 24.7% | -21.5% | ||
| Q3 25 | -228.1% | -27.6% | ||
| Q2 25 | -86.6% | -4.8% | ||
| Q1 25 | -274.3% | -1.4% | ||
| Q4 24 | -48.4% | 0.2% | ||
| Q3 24 | -160.8% | 3.5% | ||
| Q2 24 | -285.2% | 9.8% | ||
| Q1 24 | -67.4% | 5.8% |
每股收益（稀释后）CDXSWLK
| Q4 25 | $0.13 | $-4.22 | ||
| Q3 25 | $-0.22 | $-6.06 | ||
| Q2 25 | $-0.16 | $-1.11 | ||
| Q1 25 | $-0.25 | $-0.31 | ||
| Q4 24 | $-0.12 | $0.07 | ||
| Q3 24 | $-0.29 | $0.83 | ||
| Q2 24 | $-0.32 | $2.40 | ||
| Q1 24 | $-0.16 | $1.34 |
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 | $2.7B |
| 总债务越低越好 | $40.1M | $5.6B |
| 股东权益账面价值 | $50.5M | $8.8B |
| 总资产 | $147.8M | $20.0B |
| 负债/权益比越低杠杆越低 | 0.79× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资CDXSWLK
| Q4 25 | $78.2M | $2.7B | ||
| Q3 25 | $58.7M | $1.9B | ||
| Q2 25 | $66.3M | $2.1B | ||
| Q1 25 | $59.8M | $2.3B | ||
| Q4 24 | $73.5M | $2.9B | ||
| Q3 24 | $90.3M | $2.9B | ||
| Q2 24 | $73.2M | $3.0B | ||
| Q1 24 | $85.5M | $3.1B |
总债务CDXSWLK
| Q4 25 | $40.1M | $5.6B | ||
| Q3 25 | $39.7M | $4.7B | ||
| Q2 25 | $39.4M | $4.7B | ||
| Q1 25 | $29.2M | $4.6B | ||
| Q4 24 | $28.9M | $4.6B | ||
| Q3 24 | $28.6M | $4.6B | ||
| Q2 24 | $28.4M | $4.9B | ||
| Q1 24 | $28.1M | $4.9B |
股东权益CDXSWLK
| Q4 25 | $50.5M | $8.8B | ||
| Q3 25 | $38.5M | $9.4B | ||
| Q2 25 | $55.6M | $10.3B | ||
| Q1 25 | $49.6M | $10.4B | ||
| Q4 24 | $66.9M | $10.5B | ||
| Q3 24 | $73.4M | $10.7B | ||
| Q2 24 | $61.4M | $10.6B | ||
| Q1 24 | $79.3M | $10.3B |
总资产CDXSWLK
| Q4 25 | $147.8M | $20.0B | ||
| Q3 25 | $124.0M | $19.8B | ||
| Q2 25 | $138.2M | $20.8B | ||
| Q1 25 | $128.9M | $20.7B | ||
| Q4 24 | $149.0M | $20.8B | ||
| Q3 24 | $148.2M | $21.1B | ||
| Q2 24 | $132.0M | $21.1B | ||
| Q1 24 | $149.6M | $21.0B |
负债/权益比CDXSWLK
| Q4 25 | 0.79× | 0.64× | ||
| Q3 25 | 1.03× | 0.49× | ||
| Q2 25 | 0.71× | 0.45× | ||
| Q1 25 | 0.59× | 0.44× | ||
| Q4 24 | 0.43× | 0.43× | ||
| Q3 24 | 0.39× | 0.43× | ||
| Q2 24 | 0.46× | 0.46× | ||
| Q1 24 | 0.35× | 0.47× |
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 | $225.0M |
| 自由现金流经营现金流 - 资本支出 | $19.6M | $-16.0M |
| 自由现金流率自由现金流/营收 | 50.3% | -0.6% |
| 资本支出强度资本支出/营收 | 1.3% | 9.5% |
| 现金转化率经营现金流/净利润 | 2.09× | — |
| 过去12个月自由现金流最近4个季度 | $-23.8M | $-530.0M |
8季度趋势，按日历期对齐
经营现金流CDXSWLK
| Q4 25 | $20.1M | $225.0M | ||
| Q3 25 | $-7.7M | $182.0M | ||
| Q2 25 | $-18.0M | $135.0M | ||
| Q1 25 | $-13.8M | $-77.0M | ||
| Q4 24 | $-16.5M | $434.0M | ||
| Q3 24 | $-13.0M | $474.0M | ||
| Q2 24 | $-12.2M | $237.0M | ||
| Q1 24 | $-7.8M | $169.0M |
自由现金流CDXSWLK
| Q4 25 | $19.6M | $-16.0M | ||
| Q3 25 | $-7.9M | $-57.0M | ||
| Q2 25 | $-20.5M | $-132.0M | ||
| Q1 25 | $-15.1M | $-325.0M | ||
| Q4 24 | $-18.2M | $149.0M | ||
| Q3 24 | $-14.0M | $254.0M | ||
| Q2 24 | $-12.6M | $6.0M | ||
| Q1 24 | $-8.9M | $-103.0M |
自由现金流率CDXSWLK
| Q4 25 | 50.3% | -0.6% | ||
| Q3 25 | -91.7% | -2.0% | ||
| Q2 25 | -133.6% | -4.5% | ||
| Q1 25 | -199.6% | -11.4% | ||
| Q4 24 | -85.0% | 5.2% | ||
| Q3 24 | -109.0% | 8.1% | ||
| Q2 24 | -157.5% | 0.2% | ||
| Q1 24 | -52.2% | -3.5% |
资本支出强度CDXSWLK
| Q4 25 | 1.3% | 9.5% | ||
| Q3 25 | 2.1% | 8.4% | ||
| Q2 25 | 16.4% | 9.0% | ||
| Q1 25 | 16.7% | 8.7% | ||
| Q4 24 | 8.3% | 10.0% | ||
| Q3 24 | 7.8% | 7.1% | ||
| Q2 24 | 5.0% | 7.2% | ||
| Q1 24 | 6.6% | 9.1% |
现金转化率CDXSWLK
| Q4 25 | 2.09× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 62.00× | ||
| Q3 24 | — | 4.39× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.97× |
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
WLK
| Performance Materials | $930.0M | 37% |
| Housing Products | $767.0M | 30% |
| Essential Materials | $702.0M | 28% |
| Infrastructure Products | $134.0M | 5% |
