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塞拉尼斯（CE）与Regions Financial Corporation（RF）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Regions Financial Corporation的1.7倍（$2.2B vs $1.3B），Regions Financial Corporation净利率更高（41.7% vs 0.6%，领先41.1%），Regions Financial Corporation同比增速更快（4.1% vs -7.0%），过去两年Regions Financial Corporation的营收复合增速更高（4.0% 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。
Regions Financial Corporation是美国银行控股企业，总部位于阿拉巴马州伯明翰市。公司提供零售及商业银行、信托、股票经纪、抵押贷款等服务，旗下银行业务子公司Regions Bank在美国南部和中西部15个州运营约1300家营业网点和2000台自动柜员机，服务大量当地个人及企业客户。
CE vs RF — 直观对比
营收规模更大
CE
是对方的1.7倍
$1.3B
营收增速更快
RF
高出11.2%
-7.0%
净利率更高
RF
高出41.1%
0.6%
两年增速更快
RF
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.3B |
| 净利润 | $14.0M | $534.0M |
| 毛利率 | 19.1% | — |
| 营业利润率 | 4.0% | 55.3% |
| 净利率 | 0.6% | 41.7% |
| 营收同比 | -7.0% | 4.1% |
| 净利润同比 | 100.7% | 0.0% |
| 每股收益（稀释后） | $0.13 | $0.59 |
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CERF
| Q4 25 | $2.2B | $1.3B | ||
| Q3 25 | $2.4B | $1.3B | ||
| Q2 25 | $2.5B | $1.3B | ||
| Q1 25 | $2.4B | $1.2B | ||
| Q4 24 | $2.4B | $1.2B | ||
| Q3 24 | $2.6B | $1.2B | ||
| Q2 24 | $2.7B | $1.2B | ||
| Q1 24 | $2.6B | $1.2B |
净利润CERF
| Q4 25 | $14.0M | $534.0M | ||
| Q3 25 | $-1.4B | $569.0M | ||
| Q2 25 | $199.0M | $563.0M | ||
| Q1 25 | $-21.0M | $490.0M | ||
| Q4 24 | $-1.9B | $534.0M | ||
| Q3 24 | $116.0M | $490.0M | ||
| Q2 24 | $155.0M | $501.0M | ||
| Q1 24 | $121.0M | $368.0M |
毛利率CERF
| 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CERF
| Q4 25 | 4.0% | 55.3% | ||
| Q3 25 | -52.7% | 56.3% | ||
| Q2 25 | 9.2% | 56.1% | ||
| Q1 25 | 7.0% | 52.0% | ||
| Q4 24 | -59.3% | 53.4% | ||
| Q3 24 | 9.4% | 49.9% | ||
| Q2 24 | 9.4% | 52.7% | ||
| Q1 24 | 8.0% | 39.2% |
净利率CERF
| Q4 25 | 0.6% | 41.7% | ||
| Q3 25 | -56.1% | 45.3% | ||
| Q2 25 | 7.9% | 44.7% | ||
| Q1 25 | -0.9% | 41.0% | ||
| Q4 24 | -80.8% | 43.4% | ||
| Q3 24 | 4.4% | 40.2% | ||
| Q2 24 | 5.8% | 42.2% | ||
| Q1 24 | 4.6% | 31.1% |
每股收益（稀释后）CERF
| Q4 25 | $0.13 | $0.59 | ||
| Q3 25 | $-12.39 | $0.61 | ||
| Q2 25 | $1.81 | $0.59 | ||
| Q1 25 | $-0.19 | $0.51 | ||
| Q4 24 | $-17.50 | $0.55 | ||
| Q3 24 | $1.06 | $0.49 | ||
| Q2 24 | $1.41 | $0.52 | ||
| Q1 24 | $1.10 | $0.37 |
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 | — | — |
| 总债务越低越好 | $11.4B | $4.1B |
| 股东权益账面价值 | $4.0B | $19.0B |
| 总资产 | $21.7B | $158.8B |
| 负债/权益比越低杠杆越低 | 2.81× | 0.22× |
8季度趋势，按日历期对齐
总债务CERF
| Q4 25 | $11.4B | $4.1B | ||
| Q3 25 | $11.7B | $4.8B | ||
| Q2 25 | $12.7B | $5.3B | ||
| Q1 25 | $12.4B | $6.0B | ||
| Q4 24 | $11.1B | $6.0B | ||
| Q3 24 | $11.3B | $6.0B | ||
| Q2 24 | $11.1B | $5.1B | ||
| Q1 24 | $11.0B | $3.3B |
股东权益CERF
| Q4 25 | $4.0B | $19.0B | ||
| Q3 25 | $4.0B | $19.0B | ||
| Q2 25 | $5.3B | $18.7B | ||
| Q1 25 | $5.2B | $18.5B | ||
| Q4 24 | $5.2B | $17.9B | ||
| Q3 24 | $7.3B | $18.7B | ||
| Q2 24 | $7.2B | $17.2B | ||
| Q1 24 | $7.1B | $17.0B |
总资产CERF
| Q4 25 | $21.7B | $158.8B | ||
| Q3 25 | $22.2B | $159.9B | ||
| Q2 25 | $23.7B | $159.2B | ||
| Q1 25 | $23.2B | $159.8B | ||
| Q4 24 | $22.9B | $157.3B | ||
| Q3 24 | $25.9B | $157.4B | ||
| Q2 24 | $25.8B | $154.1B | ||
| Q1 24 | $26.0B | $154.9B |
负债/权益比CERF
| Q4 25 | 2.81× | 0.22× | ||
| Q3 25 | 2.95× | 0.25× | ||
| Q2 25 | 2.41× | 0.28× | ||
| Q1 25 | 2.39× | 0.32× | ||
| Q4 24 | 2.14× | 0.34× | ||
| Q3 24 | 1.56× | 0.32× | ||
| Q2 24 | 1.54× | 0.30× | ||
| Q1 24 | 1.56× | 0.20× |
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 | $-319.0M |
| 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× | -0.60× |
| 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CERF
| Q4 25 | $252.0M | $-319.0M | ||
| Q3 25 | $447.0M | $861.0M | ||
| Q2 25 | $410.0M | $573.0M | ||
| Q1 25 | $37.0M | $1.1B | ||
| Q4 24 | $494.0M | $-220.0M | ||
| Q3 24 | $79.0M | $1.3B | ||
| Q2 24 | $292.0M | $161.0M | ||
| Q1 24 | $101.0M | $396.0M |
自由现金流CERF
| 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CERF
| 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CERF
| 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CERF
| Q4 25 | 18.00× | -0.60× | ||
| Q3 25 | — | 1.51× | ||
| Q2 25 | 2.06× | 1.02× | ||
| Q1 25 | — | 2.18× | ||
| Q4 24 | — | -0.41× | ||
| Q3 24 | 0.68× | 2.57× | ||
| Q2 24 | 1.88× | 0.32× | ||
| Q1 24 | 0.83× | 1.08× |
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% |
RF
| Consumer Bank | $747.0M | 58% |
| Corporate Bank | $487.0M | 38% |
| Wealth Management | $47.0M | 4% |
