vs
塞拉尼斯（CE）与道明尼能源（D）财务数据对比。点击上方公司名可切换其他公司
道明尼能源的季度营收约是塞拉尼斯的1.9倍（$4.2B vs $2.2B），道明尼能源净利率更高（13.9% vs 0.6%，领先13.3%），道明尼能源同比增速更快（23.2% vs -7.0%），过去两年道明尼能源的营收复合增速更高（9.3% vs -8.1%）
塞拉尼斯是总部位于美国得克萨斯州欧文市的技术及特种材料企业，位列财富500强。公司是全球醋酸行业领军生产商，年产量约195万吨，占全球总产量的20%左右，同时也是全球最大的醋酸乙烯酯单体（VAM）供应商。
道明尼能源是总部位于美国弗吉尼亚州里士满的能源企业，为弗吉尼亚、北卡罗来纳、南卡罗来纳三州的部分地区供电，同时向犹他、爱达荷、怀俄明、西弗吉尼亚、俄亥俄、宾夕法尼亚、佐治亚等州的部分区域供应天然气，在印第安纳、伊利诺伊、康涅狄格、罗得岛也设有发电设施。
CE vs D — 直观对比
营收规模更大
D
是对方的1.9倍
$2.2B
营收增速更快
D
高出30.2%
-7.0%
净利率更高
D
高出13.3%
0.6%
两年增速更快
D
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $4.2B |
| 净利润 | $14.0M | $586.0M |
| 毛利率 | 19.1% | — |
| 营业利润率 | 4.0% | 18.0% |
| 净利率 | 0.6% | 13.9% |
| 营收同比 | -7.0% | 23.2% |
| 净利润同比 | 100.7% | 871.1% |
| 每股收益（稀释后） | $0.13 | $0.66 |
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CED
| Q4 25 | $2.2B | $4.2B | ||
| Q3 25 | $2.4B | $4.5B | ||
| Q2 25 | $2.5B | $3.7B | ||
| Q1 25 | $2.4B | $4.1B | ||
| Q4 24 | $2.4B | $3.4B | ||
| Q3 24 | $2.6B | $3.8B | ||
| Q2 24 | $2.7B | $3.5B | ||
| Q1 24 | $2.6B | $3.5B |
净利润CED
| Q4 25 | $14.0M | $586.0M | ||
| Q3 25 | $-1.4B | $1.0B | ||
| Q2 25 | $199.0M | $760.0M | ||
| Q1 25 | $-21.0M | $646.0M | ||
| Q4 24 | $-1.9B | $-76.0M | ||
| Q3 24 | $116.0M | $954.0M | ||
| Q2 24 | $155.0M | $572.0M | ||
| Q1 24 | $121.0M | $674.0M |
毛利率CED
| Q4 25 | 19.1% | — | ||
| Q3 25 | 21.5% | — | ||
| Q2 25 | 21.1% | — | ||
| Q1 25 | 19.9% | — | ||
| Q4 24 | 22.7% | — | ||
| Q3 24 | 23.5% | — | ||
| Q2 24 | 24.2% | — | ||
| Q1 24 | 21.2% | — |
营业利润率CED
| Q4 25 | 4.0% | 18.0% | ||
| Q3 25 | -52.7% | 29.7% | ||
| Q2 25 | 9.2% | 29.5% | ||
| Q1 25 | 7.0% | 29.9% | ||
| Q4 24 | -59.3% | 11.4% | ||
| Q3 24 | 9.4% | 32.2% | ||
| Q2 24 | 9.4% | 23.3% | ||
| Q1 24 | 8.0% | 23.6% |
净利率CED
| Q4 25 | 0.6% | 13.9% | ||
| Q3 25 | -56.1% | 22.3% | ||
| Q2 25 | 7.9% | 20.4% | ||
| Q1 25 | -0.9% | 15.8% | ||
| Q4 24 | -80.8% | -2.2% | ||
| Q3 24 | 4.4% | 25.2% | ||
| Q2 24 | 5.8% | 16.6% | ||
| Q1 24 | 4.6% | 19.1% |
每股收益（稀释后）CED
| Q4 25 | $0.13 | $0.66 | ||
| Q3 25 | $-12.39 | $1.16 | ||
| Q2 25 | $1.81 | $0.88 | ||
| Q1 25 | $-0.19 | $0.75 | ||
| Q4 24 | $-17.50 | $-0.11 | ||
| Q3 24 | $1.06 | $1.12 | ||
| Q2 24 | $1.41 | $0.65 | ||
| Q1 24 | $1.10 | $0.78 |
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 | — | $250.0M |
| 总债务越低越好 | $11.4B | $44.1B |
| 股东权益账面价值 | $4.0B | $29.1B |
| 总资产 | $21.7B | $115.9B |
| 负债/权益比越低杠杆越低 | 2.81× | 1.52× |
8季度趋势，按日历期对齐
现金及短期投资CED
| Q4 25 | — | $250.0M | ||
| Q3 25 | — | $932.0M | ||
| Q2 25 | — | $344.0M | ||
| Q1 25 | — | $355.0M | ||
| Q4 24 | — | $310.0M | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $139.0M | ||
| Q1 24 | — | $265.0M |
总债务CED
| Q4 25 | $11.4B | $44.1B | ||
| Q3 25 | $11.7B | $43.3B | ||
| Q2 25 | $12.7B | $40.3B | ||
| Q1 25 | $12.4B | $39.9B | ||
| Q4 24 | $11.1B | $37.5B | ||
| Q3 24 | $11.3B | $37.1B | ||
| Q2 24 | $11.1B | $36.6B | ||
| Q1 24 | $11.0B | $35.1B |
股东权益CED
| Q4 25 | $4.0B | $29.1B | ||
| Q3 25 | $4.0B | $27.7B | ||
| Q2 25 | $5.3B | $27.2B | ||
| Q1 25 | $5.2B | $27.4B | ||
| Q4 24 | $5.2B | $27.3B | ||
| Q3 24 | $7.3B | $27.5B | ||
| Q2 24 | $7.2B | $27.1B | ||
| Q1 24 | $7.1B | $27.4B |
总资产CED
| Q4 25 | $21.7B | $115.9B | ||
| Q3 25 | $22.2B | $111.6B | ||
| Q2 25 | $23.7B | $107.4B | ||
| Q1 25 | $23.2B | $104.6B | ||
| Q4 24 | $22.9B | $102.4B | ||
| Q3 24 | $25.9B | $99.8B | ||
| Q2 24 | $25.8B | $100.4B | ||
| Q1 24 | $26.0B | $102.0B |
负债/权益比CED
| Q4 25 | 2.81× | 1.52× | ||
| Q3 25 | 2.95× | 1.56× | ||
| Q2 25 | 2.41× | 1.48× | ||
| Q1 25 | 2.39× | 1.46× | ||
| Q4 24 | 2.14× | 1.38× | ||
| Q3 24 | 1.56× | 1.35× | ||
| Q2 24 | 1.54× | 1.35× | ||
| Q1 24 | 1.56× | 1.28× |
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 | $252.0M | $987.0M |
| 自由现金流经营现金流 - 资本支出 | $168.0M | — |
| 自由现金流率自由现金流/营收 | 7.6% | — |
| 资本支出强度资本支出/营收 | 3.8% | — |
| 现金转化率经营现金流/净利润 | 18.00× | 1.68× |
| 过去12个月自由现金流最近4个季度 | $803.0M | — |
8季度趋势，按日历期对齐
经营现金流CED
| Q4 25 | $252.0M | $987.0M | ||
| Q3 25 | $447.0M | $1.9B | ||
| Q2 25 | $410.0M | $1.2B | ||
| Q1 25 | $37.0M | $1.2B | ||
| Q4 24 | $494.0M | $641.0M | ||
| Q3 24 | $79.0M | $1.5B | ||
| Q2 24 | $292.0M | $856.0M | ||
| Q1 24 | $101.0M | $2.0B |
自由现金流CED
| Q4 25 | $168.0M | — | ||
| Q3 25 | $383.0M | — | ||
| Q2 25 | $317.0M | — | ||
| Q1 25 | $-65.0M | — | ||
| Q4 24 | $389.0M | — | ||
| Q3 24 | $-9.0M | — | ||
| Q2 24 | $187.0M | — | ||
| Q1 24 | $-36.0M | — |
自由现金流率CED
| Q4 25 | 7.6% | — | ||
| Q3 25 | 15.8% | — | ||
| Q2 25 | 12.5% | — | ||
| Q1 25 | -2.7% | — | ||
| Q4 24 | 16.4% | — | ||
| Q3 24 | -0.3% | — | ||
| Q2 24 | 7.1% | — | ||
| Q1 24 | -1.4% | — |
资本支出强度CED
| Q4 25 | 3.8% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | 4.0% | — | ||
| Q1 24 | 5.2% | — |
现金转化率CED
| Q4 25 | 18.00× | 1.68× | ||
| Q3 25 | — | 1.93× | ||
| Q2 25 | 2.06× | 1.64× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.68× | 1.61× | ||
| Q2 24 | 1.88× | 1.50× | ||
| Q1 24 | 0.83× | 2.94× |
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
CE
| Engineered Materials | $1.3B | 58% |
| Acetyl Chain | $940.0M | 43% |
D
| Dominion Energy Virginia | $3.0B | 72% |
| Nonregulated Electricity Sales | $334.0M | 8% |
| Contracted Energy | $306.0M | 7% |
| Other | $292.0M | 7% |
| Other Nonregulated Revenues | $97.0M | 2% |
| Other Regulated Revenues | $66.0M | 2% |
| Alternative Revenue Programs | $50.0M | 1% |
| Transition Services Agreements | $25.0M | 1% |
| Regulated Gas Transportation And Storage | $10.0M | 0% |
| Related Party | $5.0M | 0% |
