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基华物流（CEVA）与Clearfield, Inc.（CLFD）财务数据对比。点击上方公司名可切换其他公司
Clearfield, Inc.的季度营收约是基华物流的1.1倍（$34.3M vs $31.3M），Clearfield, Inc.净利率更高（-1.8% vs -3.5%，领先1.7%），基华物流同比增速更快（7.1% vs -3.2%），基华物流自由现金流更多（$7.2M vs $-2.4M），过去两年基华物流的营收复合增速更高（19.1% vs -3.5%）
赛物流是一家全球物流与供应链企业，提供货运管理以及合约物流服务，2019年被达飞海运集团收购。收购完成后，达飞集团陆续将英格迈微商务生命周期服务、GEFCO等多家物流运输企业并入赛物流，助力其业务发展与规模扩张。
Clearfield, Inc.总部位于美国明尼苏达州明尼阿波利斯市，是一家专注于光纤产品研发生产的企业，其产品主要应用于光纤通信网络建设领域，为通信基础设施部署提供相关硬件支撑。
CEVA vs CLFD — 直观对比
营收规模更大
CLFD
是对方的1.1倍
$31.3M
营收增速更快
CEVA
高出10.3%
-3.2%
净利率更高
CLFD
高出1.7%
-3.5%
自由现金流更多
CEVA
多$9.7M
$-2.4M
两年增速更快
CEVA
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $31.3M | $34.3M |
| 净利润 | $-1.1M | $-614.0K |
| 毛利率 | 88.1% | 33.2% |
| 营业利润率 | -1.3% | -5.3% |
| 净利率 | -3.5% | -1.8% |
| 营收同比 | 7.1% | -3.2% |
| 净利润同比 | 36.8% | 67.8% |
| 每股收益（稀释后） | — | $-0.04 |
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CEVACLFD
| Q4 25 | $31.3M | $34.3M | ||
| Q3 25 | $28.4M | $23.4M | ||
| Q2 25 | $25.7M | $49.9M | ||
| Q1 25 | $24.2M | $47.2M | ||
| Q4 24 | $29.2M | $29.7M | ||
| Q3 24 | $27.2M | $5.6M | ||
| Q2 24 | $28.4M | $48.8M | ||
| Q1 24 | $22.1M | $36.9M |
净利润CEVACLFD
| Q4 25 | $-1.1M | $-614.0K | ||
| Q3 25 | $-2.5M | $-9.1M | ||
| Q2 25 | $-3.7M | $1.6M | ||
| Q1 25 | $-3.3M | $1.3M | ||
| Q4 24 | $-1.7M | $-1.9M | ||
| Q3 24 | $-1.3M | — | ||
| Q2 24 | $-291.0K | $-447.0K | ||
| Q1 24 | $-5.4M | $-5.9M |
毛利率CEVACLFD
| Q4 25 | 88.1% | 33.2% | ||
| Q3 25 | 88.0% | 53.2% | ||
| Q2 25 | 86.2% | 30.5% | ||
| Q1 25 | 85.6% | 30.1% | ||
| Q4 24 | 88.5% | 29.2% | ||
| Q3 24 | 85.4% | — | ||
| Q2 24 | 89.7% | 21.9% | ||
| Q1 24 | 88.7% | 7.7% |
营业利润率CEVACLFD
| Q4 25 | -1.3% | -5.3% | ||
| Q3 25 | -7.3% | 10.3% | ||
| Q2 25 | -17.5% | 3.0% | ||
| Q1 25 | -18.1% | 0.6% | ||
| Q4 24 | 0.3% | -6.9% | ||
| Q3 24 | -9.6% | — | ||
| Q2 24 | -0.1% | -4.7% | ||
| Q1 24 | -22.5% | -26.4% |
净利率CEVACLFD
| Q4 25 | -3.5% | -1.8% | ||
| Q3 25 | -8.8% | -38.8% | ||
| Q2 25 | -14.4% | 3.2% | ||
| Q1 25 | -13.7% | 2.8% | ||
| Q4 24 | -5.9% | -6.4% | ||
| Q3 24 | -4.8% | — | ||
| Q2 24 | -1.0% | -0.9% | ||
| Q1 24 | -24.7% | -16.0% |
每股收益（稀释后）CEVACLFD
| Q4 25 | — | $-0.04 | ||
| Q3 25 | — | $-0.65 | ||
| Q2 25 | — | $0.11 | ||
| Q1 25 | — | $0.09 | ||
| Q4 24 | — | $-0.13 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-0.04 | ||
| Q1 24 | — | $-0.40 |
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 | $40.6M | $96.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $336.5M | $249.7M |
| 总资产 | $388.3M | $268.1M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CEVACLFD
| Q4 25 | $40.6M | $96.4M | ||
| Q3 25 | $17.3M | $106.0M | ||
| Q2 25 | $29.1M | $117.2M | ||
| Q1 25 | $18.8M | $112.0M | ||
| Q4 24 | $18.8M | $113.0M | ||
| Q3 24 | $13.2M | $129.0M | ||
| Q2 24 | $25.0M | $123.8M | ||
| Q1 24 | $21.6M | $142.9M |
总债务CEVACLFD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $2.2M | ||
| Q2 24 | — | $2.1M | ||
| Q1 24 | — | — |
股东权益CEVACLFD
| Q4 25 | $336.5M | $249.7M | ||
| Q3 25 | $268.7M | $256.2M | ||
| Q2 25 | $265.9M | $264.5M | ||
| Q1 25 | $269.1M | $265.9M | ||
| Q4 24 | $266.6M | $267.4M | ||
| Q3 24 | $265.8M | $275.8M | ||
| Q2 24 | $263.8M | $274.6M | ||
| Q1 24 | $262.3M | $279.2M |
总资产CEVACLFD
| Q4 25 | $388.3M | $268.1M | ||
| Q3 25 | $306.0M | $306.2M | ||
| Q2 25 | $302.8M | $314.7M | ||
| Q1 25 | $310.0M | $310.9M | ||
| Q4 24 | $308.9M | $303.2M | ||
| Q3 24 | $304.9M | $315.3M | ||
| Q2 24 | $300.4M | $318.1M | ||
| Q1 24 | $301.4M | $315.4M |
负债/权益比CEVACLFD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | — | — |
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 | $8.7M | $-1.4M |
| 自由现金流经营现金流 - 资本支出 | $7.2M | $-2.4M |
| 自由现金流率自由现金流/营收 | 23.1% | -7.1% |
| 资本支出强度资本支出/营收 | 4.8% | 2.9% |
| 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 | $-6.3M | — |
8季度趋势，按日历期对齐
经营现金流CEVACLFD
| Q4 25 | $8.7M | $-1.4M | ||
| Q3 25 | $-5.9M | — | ||
| Q2 25 | $1.2M | $7.9M | ||
| Q1 25 | $-7.4M | $3.0M | ||
| Q4 24 | $8.0M | $7.2M | ||
| Q3 24 | $399.0K | $22.2M | ||
| Q2 24 | $2.4M | $4.0M | ||
| Q1 24 | $-7.3M | $-5.7M |
自由现金流CEVACLFD
| Q4 25 | $7.2M | $-2.4M | ||
| Q3 25 | $-6.3M | — | ||
| Q2 25 | $492.0K | $7.5M | ||
| Q1 25 | $-7.7M | $654.0K | ||
| Q4 24 | $7.0M | $5.1M | ||
| Q3 24 | $-15.0K | $18.2M | ||
| Q2 24 | $1.8M | $2.8M | ||
| Q1 24 | $-8.3M | $-7.7M |
自由现金流率CEVACLFD
| Q4 25 | 23.1% | -7.1% | ||
| Q3 25 | -22.1% | — | ||
| Q2 25 | 1.9% | 15.1% | ||
| Q1 25 | -31.8% | 1.4% | ||
| Q4 24 | 24.0% | 17.1% | ||
| Q3 24 | -0.1% | 323.0% | ||
| Q2 24 | 6.2% | 5.8% | ||
| Q1 24 | -37.4% | -20.8% |
资本支出强度CEVACLFD
| Q4 25 | 4.8% | 2.9% | ||
| Q3 25 | 1.5% | 2.0% | ||
| Q2 25 | 2.7% | 0.8% | ||
| Q1 25 | 1.3% | 5.1% | ||
| Q4 24 | 3.5% | 7.0% | ||
| Q3 24 | 1.5% | 71.4% | ||
| Q2 24 | 2.1% | 2.5% | ||
| Q1 24 | 4.1% | 5.3% |
现金转化率CEVACLFD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.93× | ||
| Q1 25 | — | 2.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
CEVA
| Transferred At Point In Time | $28.1M | 90% |
| Transferred Over Time | $3.2M | 10% |
CLFD
暂无分部数据
