vs
西铁城（CIA）与FTAI Infrastructure Inc.（FIP）财务数据对比。点击上方公司名可切换其他公司
FTAI Infrastructure Inc.的季度营收约是西铁城的2.6倍（$188.4M vs $72.1M），西铁城净利率更高（10.2% vs -79.7%，领先89.9%），FTAI Infrastructure Inc.同比增速更快（95.9% vs 13.5%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% vs 11.7%）
西铁城钟表株式会社，又称西铁城集团，是总部位于日本东京西东京市的知名跨国电子企业，核心业务为腕表制造，是西铁城集团的核心企业。除西铁城品牌腕表外，集团还拥有美国钟表公司宝路华，业务同时涵盖计算器、打印机、医疗设备与精密CNC加工设备制造。
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
CIA vs FIP — 直观对比
营收规模更大
FIP
是对方的2.6倍
$72.1M
营收增速更快
FIP
高出82.3%
13.5%
净利率更高
CIA
高出89.9%
-79.7%
两年增速更快
FIP
近两年复合增速
11.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $72.1M | $188.4M |
| 净利润 | $7.3M | $-150.2M |
| 毛利率 | — | — |
| 营业利润率 | 10.9% | — |
| 净利率 | 10.2% | -79.7% |
| 营收同比 | 13.5% | 95.9% |
| 净利润同比 | 102.7% | -387.6% |
| 每股收益（稀释后） | — | $-1.32 |
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CIAFIP
| Q1 26 | — | $188.4M | ||
| Q4 25 | $72.1M | $143.5M | ||
| Q3 25 | $62.8M | $140.6M | ||
| Q2 25 | $65.1M | $122.3M | ||
| Q1 25 | $55.7M | $96.2M | ||
| Q4 24 | $63.5M | $80.8M | ||
| Q3 24 | $61.7M | $83.3M | ||
| Q2 24 | $62.1M | $84.9M |
净利润CIAFIP
| Q1 26 | — | $-150.2M | ||
| Q4 25 | $7.3M | $-97.7M | ||
| Q3 25 | $2.4M | $-104.5M | ||
| Q2 25 | $6.5M | $-70.0M | ||
| Q1 25 | $-1.6M | $120.2M | ||
| Q4 24 | $3.6M | $-124.7M | ||
| Q3 24 | $2.8M | $-43.0M | ||
| Q2 24 | $4.0M | $-48.1M |
营业利润率CIAFIP
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | -45.7% | ||
| Q3 25 | 7.1% | -70.8% | ||
| Q2 25 | 10.6% | -56.4% | ||
| Q1 25 | -3.2% | 81.8% | ||
| Q4 24 | 5.9% | -152.7% | ||
| Q3 24 | 4.9% | -51.7% | ||
| Q2 24 | 5.3% | -56.4% |
净利率CIAFIP
| Q1 26 | — | -79.7% | ||
| Q4 25 | 10.2% | -68.1% | ||
| Q3 25 | 3.8% | -74.4% | ||
| Q2 25 | 9.9% | -57.2% | ||
| Q1 25 | -2.9% | 125.0% | ||
| Q4 24 | 5.7% | -154.4% | ||
| Q3 24 | 4.5% | -51.6% | ||
| Q2 24 | 6.4% | -56.7% |
每股收益（稀释后）CIAFIP
| Q1 26 | — | $-1.32 | ||
| Q4 25 | — | $-1.04 | ||
| Q3 25 | — | $-1.38 | ||
| Q2 25 | — | $-0.73 | ||
| Q1 25 | — | $0.89 | ||
| Q4 24 | — | $-1.21 | ||
| Q3 24 | — | $-0.45 | ||
| Q2 24 | — | $-0.52 |
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 | $23.0M | $37.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $235.0M | $-122.5K |
| 总资产 | $1.8B | $5.7B |
| 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CIAFIP
| Q1 26 | — | $37.9M | ||
| Q4 25 | $23.0M | $57.4M | ||
| Q3 25 | $23.1M | $34.7M | ||
| Q2 25 | $22.7M | $33.6M | ||
| Q1 25 | $18.4M | $26.3M | ||
| Q4 24 | $29.3M | $27.8M | ||
| Q3 24 | $32.4M | $20.3M | ||
| Q2 24 | $26.3M | $33.1M |
总债务CIAFIP
| Q1 26 | — | — | ||
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.6B |
股东权益CIAFIP
| Q1 26 | — | $-122.5K | ||
| Q4 25 | $235.0M | $21.3M | ||
| Q3 25 | $225.6M | $181.1M | ||
| Q2 25 | $229.0M | $375.5M | ||
| Q1 25 | $218.1M | $476.2M | ||
| Q4 24 | $210.4M | $202.7M | ||
| Q3 24 | $207.6M | $370.8M | ||
| Q2 24 | $191.5M | $394.8M |
总资产CIAFIP
| Q1 26 | — | $5.7B | ||
| Q4 25 | $1.8B | $5.7B | ||
| Q3 25 | $1.7B | $5.5B | ||
| Q2 25 | $1.7B | $4.4B | ||
| Q1 25 | $1.7B | $4.1B | ||
| Q4 24 | $1.7B | $2.4B | ||
| Q3 24 | $1.7B | $2.4B | ||
| Q2 24 | $1.7B | $2.5B |
负债/权益比CIAFIP
| Q1 26 | — | — | ||
| Q4 25 | — | 176.99× | ||
| Q3 25 | — | 20.59× | ||
| Q2 25 | — | 8.21× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | — | 7.84× | ||
| Q3 24 | — | 4.14× | ||
| Q2 24 | — | 3.94× |
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 | $18.0M | $-69.4M |
| 自由现金流经营现金流 - 资本支出 | $17.5M | — |
| 自由现金流率自由现金流/营收 | 24.3% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | 2.45× | — |
| 过去12个月自由现金流最近4个季度 | $26.1M | — |
8季度趋势，按日历期对齐
经营现金流CIAFIP
| Q1 26 | — | $-69.4M | ||
| Q4 25 | $18.0M | $-2.8M | ||
| Q3 25 | $4.7M | $-24.4M | ||
| Q2 25 | $3.5M | $-5.2M | ||
| Q1 25 | $748.0K | $-85.7M | ||
| Q4 24 | $31.9M | $-8.1M | ||
| Q3 24 | $9.7M | $14.2M | ||
| Q2 24 | $4.6M | $-17.6M |
自由现金流CIAFIP
| Q1 26 | — | — | ||
| Q4 25 | $17.5M | $-68.6M | ||
| Q3 25 | $4.6M | $-90.7M | ||
| Q2 25 | $3.3M | $-87.5M | ||
| Q1 25 | $641.0K | $-151.7M | ||
| Q4 24 | $31.3M | $-34.3M | ||
| Q3 24 | $9.3M | $-11.7M | ||
| Q2 24 | $4.5M | $-32.1M |
自由现金流率CIAFIP
| Q1 26 | — | — | ||
| Q4 25 | 24.3% | -47.8% | ||
| Q3 25 | 7.3% | -64.5% | ||
| Q2 25 | 5.1% | -71.6% | ||
| Q1 25 | 1.2% | -157.7% | ||
| Q4 24 | 49.2% | -42.4% | ||
| Q3 24 | 15.1% | -14.0% | ||
| Q2 24 | 7.2% | -37.9% |
资本支出强度CIAFIP
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 45.9% | ||
| Q3 25 | 0.1% | 47.2% | ||
| Q2 25 | 0.3% | 67.3% | ||
| Q1 25 | 0.2% | 68.6% | ||
| Q4 24 | 1.0% | 32.5% | ||
| Q3 24 | 0.6% | 31.1% | ||
| Q2 24 | 0.2% | 17.2% |
现金转化率CIAFIP
| Q1 26 | — | — | ||
| Q4 25 | 2.45× | — | ||
| Q3 25 | 1.93× | — | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | — | -0.71× | ||
| Q4 24 | 8.81× | — | ||
| Q3 24 | 3.48× | — | ||
| Q2 24 | 1.16× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
