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永明金融（CFFI）与万物新生（RERE）财务数据对比。点击上方公司名可切换其他公司
万物新生的季度营收约是永明金融的1.2倍（$43.2M vs $35.9M），永明金融净利率更高（18.7% vs 16.9%，领先1.8%）
永明金融是一家总部位于加拿大安大略省多伦多市的金融服务公司，创立于1865年，业务遍及全球，主要提供人寿保险、财富管理以及资产管理服务。截至2024年，公司管理资产规模超过1.3万亿加元，服务网络覆盖加拿大、美国、亚洲及多个其他市场。
万物新生集团（ATRenew Inc.）是中国领先的二手消费电子产品交易与服务平台运营商，核心业务覆盖数码产品回收、质检、翻新及售卖，运营有爱回收等知名品牌，服务覆盖个人消费者及企业客户，市场遍及国内及部分东南亚地区。
CFFI vs RERE — 直观对比
营收规模更大
RERE
是对方的1.2倍
$35.9M
净利率更高
CFFI
高出1.8%
16.9%
损益表 — Q4 FY2025 vs Q1 FY2023
| 指标 | | |
|---|---|---|
| 营收 | $35.9M | $43.2M |
| 净利润 | $6.7M | $7.3M |
| 毛利率 | — | — |
| 营业利润率 | 22.6% | — |
| 净利率 | 18.7% | 16.9% |
| 营收同比 | 12.0% | — |
| 净利润同比 | 11.0% | — |
| 每股收益（稀释后） | $2.08 | — |
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CFFIRERE
| Q4 25 | $35.9M | — | ||
| Q3 25 | $36.0M | — | ||
| Q2 25 | $36.4M | — | ||
| Q1 25 | $32.6M | — | ||
| Q4 24 | $32.0M | — | ||
| Q3 24 | $33.5M | — | ||
| Q2 24 | $31.2M | — | ||
| Q1 24 | $30.6M | — |
净利润CFFIRERE
| Q4 25 | $6.7M | — | ||
| Q3 25 | $7.1M | — | ||
| Q2 25 | $7.7M | — | ||
| Q1 25 | $5.4M | — | ||
| Q4 24 | $6.0M | — | ||
| Q3 24 | $5.4M | — | ||
| Q2 24 | $5.0M | — | ||
| Q1 24 | $3.4M | — |
营业利润率CFFIRERE
| Q4 25 | 22.6% | — | ||
| Q3 25 | 24.5% | — | ||
| Q2 25 | 26.5% | — | ||
| Q1 25 | 20.0% | — | ||
| Q4 24 | 22.6% | — | ||
| Q3 24 | 19.9% | — | ||
| Q2 24 | 20.0% | — | ||
| Q1 24 | 13.1% | — |
净利率CFFIRERE
| Q4 25 | 18.7% | — | ||
| Q3 25 | 19.6% | — | ||
| Q2 25 | 21.2% | — | ||
| Q1 25 | 16.5% | — | ||
| Q4 24 | 18.8% | — | ||
| Q3 24 | 16.1% | — | ||
| Q2 24 | 16.1% | — | ||
| Q1 24 | 11.1% | — |
每股收益（稀释后）CFFIRERE
| Q4 25 | $2.08 | — | ||
| Q3 25 | $2.18 | — | ||
| Q2 25 | $2.37 | — | ||
| Q1 25 | $1.66 | — | ||
| Q4 24 | $1.85 | — | ||
| Q3 24 | $1.65 | — | ||
| Q2 24 | $1.50 | — | ||
| Q1 24 | $1.01 | — |
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 | — | $228.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $261.8M | $557.1M |
| 总资产 | $2.8B | $722.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
股东权益CFFIRERE
| Q4 25 | $261.8M | — | ||
| Q3 25 | $253.3M | — | ||
| Q2 25 | $240.3M | — | ||
| Q1 25 | $234.6M | — | ||
| Q4 24 | $226.4M | — | ||
| Q3 24 | $227.3M | — | ||
| Q2 24 | $218.5M | — | ||
| Q1 24 | $216.3M | — |
总资产CFFIRERE
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.5B | — |
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 | $24.5M | — |
| 自由现金流经营现金流 - 资本支出 | $22.2M | — |
| 自由现金流率自由现金流/营收 | 61.8% | — |
| 资本支出强度资本支出/营收 | 6.5% | — |
| 现金转化率经营现金流/净利润 | 3.65× | — |
| 过去12个月自由现金流最近4个季度 | $42.8M | — |
8季度趋势，按日历期对齐
经营现金流CFFIRERE
| Q4 25 | $24.5M | — | ||
| Q3 25 | $23.4M | — | ||
| Q2 25 | $-4.4M | — | ||
| Q1 25 | $3.2M | — | ||
| Q4 24 | $36.8M | — | ||
| Q3 24 | $404.0K | — | ||
| Q2 24 | $1.7M | — | ||
| Q1 24 | $895.0K | — |
自由现金流CFFIRERE
| Q4 25 | $22.2M | — | ||
| Q3 25 | $22.7M | — | ||
| Q2 25 | $-5.0M | — | ||
| Q1 25 | $2.9M | — | ||
| Q4 24 | $33.3M | — | ||
| Q3 24 | $-1.6M | — | ||
| Q2 24 | $1.2M | — | ||
| Q1 24 | $410.0K | — |
自由现金流率CFFIRERE
| Q4 25 | 61.8% | — | ||
| Q3 25 | 63.0% | — | ||
| Q2 25 | -13.6% | — | ||
| Q1 25 | 9.0% | — | ||
| Q4 24 | 103.8% | — | ||
| Q3 24 | -4.9% | — | ||
| Q2 24 | 3.7% | — | ||
| Q1 24 | 1.3% | — |
资本支出强度CFFIRERE
| Q4 25 | 6.5% | — | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 6.1% | — | ||
| Q2 24 | 1.7% | — | ||
| Q1 24 | 1.6% | — |
现金转化率CFFIRERE
| Q4 25 | 3.65× | — | ||
| Q3 25 | 3.31× | — | ||
| Q2 25 | -0.57× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 6.09× | — | ||
| Q3 24 | 0.07× | — | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 0.26× | — |
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
CFFI
| Community Banking | $25.9M | 72% |
| Consumer Finance Segment | $7.0M | 19% |
| Mortgage Banking Segment | $1.9M | 5% |
| Other | $1.1M | 3% |
RERE
暂无分部数据
