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CECO ENVIRONMENTAL CORP（CECO）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
世纪互联的季度营收约是CECO ENVIRONMENTAL CORP的1.8倍（$362.7M vs $205.9M），过去两年CECO ENVIRONMENTAL CORP的营收复合增速更高（22.4% vs 17.4%）
CECO环保是1966年成立的美国工业技术企业，总部位于得克萨斯州达拉斯，在纳斯达克上市，股票代码为CECO。公司面向制造、化工、能源、炼油等工业领域，提供空气污染治理相关的技术、产品及服务，助力工业客户满足环保排放要求。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
CECO vs VNET — 直观对比
营收规模更大
VNET
是对方的1.8倍
$205.9M
两年增速更快
CECO
近两年复合增速
17.4%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $205.9M | $362.7M |
| 净利润 | — | $-38.7M |
| 毛利率 | 31.0% | 20.9% |
| 营业利润率 | 0.9% | 0.5% |
| 净利率 | — | -10.7% |
| 营收同比 | 16.5% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.98 | — |
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CECOVNET
| Q1 26 | $205.9M | — | ||
| Q4 25 | $214.7M | — | ||
| Q3 25 | $197.6M | $362.7M | ||
| Q2 25 | $185.4M | — | ||
| Q1 25 | $176.7M | $309.5M | ||
| Q4 24 | $158.6M | — | ||
| Q3 24 | $135.5M | $302.2M | ||
| Q2 24 | $137.5M | $274.4M |
净利润CECOVNET
| Q1 26 | — | — | ||
| Q4 25 | $3.1M | — | ||
| Q3 25 | $1.5M | $-38.7M | ||
| Q2 25 | $9.5M | — | ||
| Q1 25 | $36.0M | $-2.4M | ||
| Q4 24 | $4.9M | — | ||
| Q3 24 | $2.1M | $-2.1M | ||
| Q2 24 | $4.5M | $-1.1M |
毛利率CECOVNET
| Q1 26 | 31.0% | — | ||
| Q4 25 | 35.1% | — | ||
| Q3 25 | 32.7% | 20.9% | ||
| Q2 25 | 36.2% | — | ||
| Q1 25 | 35.2% | 25.2% | ||
| Q4 24 | 35.8% | — | ||
| Q3 24 | 33.4% | 23.2% | ||
| Q2 24 | 35.7% | 21.3% |
营业利润率CECOVNET
| Q1 26 | 0.9% | — | ||
| Q4 25 | 7.7% | — | ||
| Q3 25 | 4.8% | 0.5% | ||
| Q2 25 | 9.7% | — | ||
| Q1 25 | 35.0% | 0.1% | ||
| Q4 24 | 7.1% | — | ||
| Q3 24 | 5.3% | 24.5% | ||
| Q2 24 | 6.7% | 0.2% |
净利率CECOVNET
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | — | ||
| Q3 25 | 0.8% | -10.7% | ||
| Q2 25 | 5.1% | — | ||
| Q1 25 | 20.4% | -0.8% | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 1.5% | -0.7% | ||
| Q2 24 | 3.3% | -0.4% |
每股收益（稀释后）CECOVNET
| Q1 26 | $0.98 | — | ||
| Q4 25 | $0.09 | — | ||
| Q3 25 | $0.04 | — | ||
| Q2 25 | $0.26 | — | ||
| Q1 25 | $0.98 | — | ||
| Q4 24 | $0.14 | — | ||
| Q3 24 | $0.06 | — | ||
| Q2 24 | $0.12 | — |
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 | $45.4M | $492.1M |
| 总债务越低越好 | $5.3M | — |
| 股东权益账面价值 | $317.2M | $890.8M |
| 总资产 | $1.0B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.02× | — |
8季度趋势，按日历期对齐
现金及短期投资CECOVNET
| Q1 26 | $45.4M | — | ||
| Q4 25 | $33.1M | — | ||
| Q3 25 | $32.8M | $492.1M | ||
| Q2 25 | $36.8M | — | ||
| Q1 25 | $146.5M | $544.3M | ||
| Q4 24 | $37.8M | — | ||
| Q3 24 | $38.7M | $219.5M | ||
| Q2 24 | $36.5M | $247.2M |
总债务CECOVNET
| Q1 26 | $5.3M | — | ||
| Q4 25 | $212.4M | — | ||
| Q3 25 | $220.9M | — | ||
| Q2 25 | $238.7M | — | ||
| Q1 25 | $339.7M | — | ||
| Q4 24 | $218.9M | — | ||
| Q3 24 | $133.4M | $1.2B | ||
| Q2 24 | $130.8M | — |
股东权益CECOVNET
| Q1 26 | $317.2M | — | ||
| Q4 25 | $317.5M | — | ||
| Q3 25 | $309.2M | $890.8M | ||
| Q2 25 | $298.4M | — | ||
| Q1 25 | $285.8M | $927.8M | ||
| Q4 24 | $247.7M | — | ||
| Q3 24 | $241.3M | $902.9M | ||
| Q2 24 | $235.0M | $900.6M |
总资产CECOVNET
| Q1 26 | $1.0B | — | ||
| Q4 25 | $893.8M | — | ||
| Q3 25 | $891.9M | $6.1B | ||
| Q2 25 | $876.6M | — | ||
| Q1 25 | $957.1M | $5.4B | ||
| Q4 24 | $759.7M | — | ||
| Q3 24 | $621.5M | $4.3B | ||
| Q2 24 | $598.1M | $4.0B |
负债/权益比CECOVNET
| Q1 26 | 0.02× | — | ||
| Q4 25 | 0.67× | — | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 0.88× | — | ||
| Q3 24 | 0.55× | 1.28× | ||
| Q2 24 | 0.56× | — |
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 | — | $113.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-193.1M |
| 自由现金流率自由现金流/营收 | — | -53.2% |
| 资本支出强度资本支出/营收 | — | 84.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流CECOVNET
| Q1 26 | — | — | ||
| Q4 25 | $10.0M | — | ||
| Q3 25 | $15.3M | $113.8M | ||
| Q2 25 | $-7.7M | — | ||
| Q1 25 | $-11.7M | $27.0M | ||
| Q4 24 | $1.8M | — | ||
| Q3 24 | $15.1M | $108.3M | ||
| Q2 24 | $6.7M | $55.8M |
自由现金流CECOVNET
| Q1 26 | — | — | ||
| Q4 25 | $7.3M | — | ||
| Q3 25 | $11.0M | $-193.1M | ||
| Q2 25 | $-8.7M | — | ||
| Q1 25 | $-15.1M | $-220.0M | ||
| Q4 24 | $-4.3M | — | ||
| Q3 24 | $11.1M | $-95.0M | ||
| Q2 24 | $2.5M | $-81.6M |
自由现金流率CECOVNET
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | — | ||
| Q3 25 | 5.6% | -53.2% | ||
| Q2 25 | -4.7% | — | ||
| Q1 25 | -8.5% | -71.1% | ||
| Q4 24 | -2.7% | — | ||
| Q3 24 | 8.2% | -31.4% | ||
| Q2 24 | 1.9% | -29.8% |
资本支出强度CECOVNET
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | — | ||
| Q3 25 | 2.1% | 84.6% | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 1.9% | 79.8% | ||
| Q4 24 | 3.9% | — | ||
| Q3 24 | 3.0% | 67.3% | ||
| Q2 24 | 3.0% | 50.1% |
现金转化率CECOVNET
| Q1 26 | — | — | ||
| Q4 25 | 3.26× | — | ||
| Q3 25 | 10.18× | — | ||
| Q2 25 | -0.81× | — | ||
| Q1 25 | -0.33× | — | ||
| Q4 24 | 0.37× | — | ||
| Q3 24 | 7.24× | — | ||
| Q2 24 | 1.49× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
