vs
塞拉尼斯（CE）与雷诺士国际（LII）财务数据对比。点击上方公司名可切换其他公司
塞拉尼斯的季度营收约是雷诺士国际的2.0倍（$2.3B vs $1.2B），雷诺士国际净利率更高（13.6% vs 2.1%，领先11.5%），塞拉尼斯同比增速更快（-2.2% vs -11.2%），雷诺士国际自由现金流更多（$376.7M vs $3.0M），过去两年雷诺士国际的营收复合增速更高（6.8% vs -6.1%）
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。
雷诺士国际是美国知名的暖通空调（HVAC）及制冷领域气候控制产品供应商，总部位于得克萨斯州理查森。公司在墨西哥萨尔蒂约、美国爱荷华州马歇尔敦、南卡罗来纳州奥兰治堡设有核心生产基地，1904年收购公司的诺里斯家族后裔约翰·W·诺里斯三世持有其9.8%的股份。
CE vs LII — 直观对比
营收规模更大
CE
是对方的2.0倍
$1.2B
营收增速更快
CE
高出9.0%
-11.2%
净利率更高
LII
高出11.5%
2.1%
自由现金流更多
LII
多$373.7M
$3.0M
两年增速更快
LII
近两年复合增速
-6.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $1.2B |
| 净利润 | $48.0M | $162.1M |
| 毛利率 | 20.0% | 34.7% |
| 营业利润率 | — | 18.6% |
| 净利率 | 2.1% | 13.6% |
| 营收同比 | -2.2% | -11.2% |
| 净利润同比 | 340.0% | -18.0% |
| 每股收益（稀释后） | $0.41 | $4.62 |
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CELII
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.2B | $1.2B | ||
| Q3 25 | $2.4B | $1.4B | ||
| Q2 25 | $2.5B | $1.5B | ||
| Q1 25 | $2.4B | $1.1B | ||
| Q4 24 | $2.4B | $1.3B | ||
| Q3 24 | $2.6B | $1.5B | ||
| Q2 24 | $2.7B | $1.5B |
净利润CELII
| Q1 26 | $48.0M | — | ||
| Q4 25 | $14.0M | $162.1M | ||
| Q3 25 | $-1.4B | $245.8M | ||
| Q2 25 | $199.0M | $277.6M | ||
| Q1 25 | $-21.0M | $120.3M | ||
| Q4 24 | $-1.9B | $197.7M | ||
| Q3 24 | $116.0M | $239.0M | ||
| Q2 24 | $155.0M | $245.9M |
毛利率CELII
| Q1 26 | 20.0% | — | ||
| Q4 25 | 19.1% | 34.7% | ||
| Q3 25 | 21.5% | 32.8% | ||
| Q2 25 | 21.1% | 34.8% | ||
| Q1 25 | 19.9% | 30.6% | ||
| Q4 24 | 22.7% | 33.9% | ||
| Q3 24 | 23.5% | 32.6% | ||
| Q2 24 | 24.2% | 33.6% |
营业利润率CELII
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 18.6% | ||
| Q3 25 | -52.7% | 21.7% | ||
| Q2 25 | 9.2% | 23.6% | ||
| Q1 25 | 7.0% | 14.5% | ||
| Q4 24 | -59.3% | 18.2% | ||
| Q3 24 | 9.4% | 20.2% | ||
| Q2 24 | 9.4% | 22.1% |
净利率CELII
| Q1 26 | 2.1% | — | ||
| Q4 25 | 0.6% | 13.6% | ||
| Q3 25 | -56.1% | 17.2% | ||
| Q2 25 | 7.9% | 18.5% | ||
| Q1 25 | -0.9% | 11.2% | ||
| Q4 24 | -80.8% | 14.7% | ||
| Q3 24 | 4.4% | 16.0% | ||
| Q2 24 | 5.8% | 16.9% |
每股收益（稀释后）CELII
| Q1 26 | $0.41 | — | ||
| Q4 25 | $0.13 | $4.62 | ||
| Q3 25 | $-12.39 | $6.98 | ||
| Q2 25 | $1.81 | $7.82 | ||
| Q1 25 | $-0.19 | $3.37 | ||
| Q4 24 | $-17.50 | $5.52 | ||
| Q3 24 | $1.06 | $6.68 | ||
| Q2 24 | $1.41 | $6.87 |
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 | $1.8M | $34.7M |
| 总债务越低越好 | — | $1.1B |
| 股东权益账面价值 | $4.5M | $1.2B |
| 总资产 | $21.7M | $4.1B |
| 负债/权益比越低杠杆越低 | — | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资CELII
| Q1 26 | $1.8M | — | ||
| Q4 25 | — | $34.7M | ||
| Q3 25 | — | $59.2M | ||
| Q2 25 | — | $55.1M | ||
| Q1 25 | — | $222.9M | ||
| Q4 24 | — | $422.3M | ||
| Q3 24 | — | $255.7M | ||
| Q2 24 | — | $57.8M |
总债务CELII
| Q1 26 | — | — | ||
| Q4 25 | $11.4B | $1.1B | ||
| Q3 25 | $11.7B | $838.2M | ||
| Q2 25 | $12.7B | $835.7M | ||
| Q1 25 | $12.4B | $834.2M | ||
| Q4 24 | $11.1B | $833.1M | ||
| Q3 24 | $11.3B | $827.6M | ||
| Q2 24 | $11.1B | $1.1B |
股东权益CELII
| Q1 26 | $4.5M | — | ||
| Q4 25 | $4.0B | $1.2B | ||
| Q3 25 | $4.0B | $1.1B | ||
| Q2 25 | $5.3B | $900.5M | ||
| Q1 25 | $5.2B | $852.5M | ||
| Q4 24 | $5.2B | $850.2M | ||
| Q3 24 | $7.3B | $754.0M | ||
| Q2 24 | $7.2B | $577.4M |
总资产CELII
| Q1 26 | $21.7M | — | ||
| Q4 25 | $21.7B | $4.1B | ||
| Q3 25 | $22.2B | $3.5B | ||
| Q2 25 | $23.7B | $3.7B | ||
| Q1 25 | $23.2B | $3.5B | ||
| Q4 24 | $22.9B | $3.5B | ||
| Q3 24 | $25.9B | $3.3B | ||
| Q2 24 | $25.8B | $3.2B |
负债/权益比CELII
| Q1 26 | — | — | ||
| Q4 25 | 2.81× | 0.98× | ||
| Q3 25 | 2.95× | 0.78× | ||
| Q2 25 | 2.41× | 0.93× | ||
| Q1 25 | 2.39× | 0.98× | ||
| Q4 24 | 2.14× | 0.98× | ||
| Q3 24 | 1.56× | 1.10× | ||
| Q2 24 | 1.54× | 1.95× |
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 | — | $405.9M |
| 自由现金流经营现金流 - 资本支出 | $3.0M | $376.7M |
| 自由现金流率自由现金流/营收 | 0.1% | 31.5% |
| 资本支出强度资本支出/营收 | 2.8% | 2.4% |
| 现金转化率经营现金流/净利润 | — | 2.50× |
| 过去12个月自由现金流最近4个季度 | $871.0M | $638.8M |
8季度趋势，按日历期对齐
经营现金流CELII
| Q1 26 | — | — | ||
| Q4 25 | $252.0M | $405.9M | ||
| Q3 25 | $447.0M | $300.7M | ||
| Q2 25 | $410.0M | $86.8M | ||
| Q1 25 | $37.0M | $-35.8M | ||
| Q4 24 | $494.0M | $332.4M | ||
| Q3 24 | $79.0M | $452.1M | ||
| Q2 24 | $292.0M | $184.0M |
自由现金流CELII
| Q1 26 | $3.0M | — | ||
| Q4 25 | $168.0M | $376.7M | ||
| Q3 25 | $383.0M | $265.1M | ||
| Q2 25 | $317.0M | $58.3M | ||
| Q1 25 | $-65.0M | $-61.3M | ||
| Q4 24 | $389.0M | $272.2M | ||
| Q3 24 | $-9.0M | $410.9M | ||
| Q2 24 | $187.0M | $151.3M |
自由现金流率CELII
| Q1 26 | 0.1% | — | ||
| Q4 25 | 7.6% | 31.5% | ||
| Q3 25 | 15.8% | 18.6% | ||
| Q2 25 | 12.5% | 3.9% | ||
| Q1 25 | -2.7% | -5.7% | ||
| Q4 24 | 16.4% | 20.2% | ||
| Q3 24 | -0.3% | 27.4% | ||
| Q2 24 | 7.1% | 10.4% |
资本支出强度CELII
| Q1 26 | 2.8% | — | ||
| Q4 25 | 3.8% | 2.4% | ||
| Q3 25 | 2.6% | 2.5% | ||
| Q2 25 | 3.7% | 1.9% | ||
| Q1 25 | 4.3% | 2.4% | ||
| Q4 24 | 4.4% | 4.5% | ||
| Q3 24 | 3.3% | 2.8% | ||
| Q2 24 | 4.0% | 2.3% |
现金转化率CELII
| Q1 26 | — | — | ||
| Q4 25 | 18.00× | 2.50× | ||
| Q3 25 | — | 1.22× | ||
| Q2 25 | 2.06× | 0.31× | ||
| Q1 25 | — | -0.30× | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | 0.68× | 1.89× | ||
| Q2 24 | 1.88× | 0.75× |
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
暂无分部数据
LII
| Residential Heating And Cooling | $699.8M | 59% |
| Commercial Heating And Cooling | $495.2M | 41% |
