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西铁城（CIA）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Repay Holdings Corp的季度营收约是西铁城的1.1倍（$78.6M vs $72.1M），西铁城净利率更高（10.2% vs -178.3%，领先188.5%），西铁城同比增速更快（13.5% vs 0.4%），Repay Holdings Corp自由现金流更多（$23.2M vs $17.5M），过去两年西铁城的营收复合增速更高（11.7% vs -1.3%）
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。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
CIA vs RPAY — 直观对比
营收规模更大
RPAY
是对方的1.1倍
$72.1M
营收增速更快
CIA
高出13.1%
0.4%
净利率更高
CIA
高出188.5%
-178.3%
自由现金流更多
RPAY
多$5.7M
$17.5M
两年增速更快
CIA
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $72.1M | $78.6M |
| 净利润 | $7.3M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | 10.9% | -182.2% |
| 净利率 | 10.2% | -178.3% |
| 营收同比 | 13.5% | 0.4% |
| 净利润同比 | 102.7% | -3304.1% |
| 每股收益（稀释后） | — | $-1.68 |
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CIARPAY
| Q4 25 | $72.1M | $78.6M | ||
| Q3 25 | $62.8M | $77.7M | ||
| Q2 25 | $65.1M | $75.6M | ||
| Q1 25 | $55.7M | $77.3M | ||
| Q4 24 | $63.5M | $78.3M | ||
| Q3 24 | $61.7M | $79.1M | ||
| Q2 24 | $62.1M | $74.9M | ||
| Q1 24 | $57.7M | $80.7M |
净利润CIARPAY
| Q4 25 | $7.3M | $-140.1M | ||
| Q3 25 | $2.4M | $-6.4M | ||
| Q2 25 | $6.5M | $-102.3M | ||
| Q1 25 | $-1.6M | $-7.9M | ||
| Q4 24 | $3.6M | $-4.1M | ||
| Q3 24 | $2.8M | $3.2M | ||
| Q2 24 | $4.0M | $-4.1M | ||
| Q1 24 | $4.5M | $-5.2M |
毛利率CIARPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率CIARPAY
| Q4 25 | 10.9% | -182.2% | ||
| Q3 25 | 7.1% | -3.9% | ||
| Q2 25 | 10.6% | -138.7% | ||
| Q1 25 | -3.2% | -4.7% | ||
| Q4 24 | 5.9% | -1.5% | ||
| Q3 24 | 4.9% | -0.9% | ||
| Q2 24 | 5.3% | -4.6% | ||
| Q1 24 | 8.5% | -3.1% |
净利率CIARPAY
| Q4 25 | 10.2% | -178.3% | ||
| Q3 25 | 3.8% | -8.3% | ||
| Q2 25 | 9.9% | -135.2% | ||
| Q1 25 | -2.9% | -10.3% | ||
| Q4 24 | 5.7% | -5.3% | ||
| Q3 24 | 4.5% | 4.1% | ||
| Q2 24 | 6.4% | -5.4% | ||
| Q1 24 | 7.9% | -6.5% |
每股收益（稀释后）CIARPAY
| Q4 25 | — | $-1.68 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | — | $-1.15 | ||
| Q1 25 | — | $-0.09 | ||
| Q4 24 | — | $-0.04 | ||
| Q3 24 | — | $0.03 | ||
| Q2 24 | — | $-0.04 | ||
| Q1 24 | — | $-0.06 |
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 | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $235.0M | $484.4M |
| 总资产 | $1.8B | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资CIARPAY
| Q4 25 | $23.0M | $115.7M | ||
| Q3 25 | $23.1M | $95.7M | ||
| Q2 25 | $22.7M | $162.6M | ||
| Q1 25 | $18.4M | $165.5M | ||
| Q4 24 | $29.3M | $189.5M | ||
| Q3 24 | $32.4M | $168.7M | ||
| Q2 24 | $26.3M | $147.1M | ||
| Q1 24 | $23.2M | $128.3M |
总债务CIARPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益CIARPAY
| Q4 25 | $235.0M | $484.4M | ||
| Q3 25 | $225.6M | $616.9M | ||
| Q2 25 | $229.0M | $633.7M | ||
| Q1 25 | $218.1M | $755.7M | ||
| Q4 24 | $210.4M | $761.3M | ||
| Q3 24 | $207.6M | $754.7M | ||
| Q2 24 | $191.5M | $815.4M | ||
| Q1 24 | $195.2M | $813.8M |
总资产CIARPAY
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | $1.7B | $1.4B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | $1.7B | $1.6B | ||
| Q3 24 | $1.7B | $1.6B | ||
| Q2 24 | $1.7B | $1.5B | ||
| Q1 24 | $1.7B | $1.5B |
负债/权益比CIARPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $17.5M | $23.2M |
| 自由现金流率自由现金流/营收 | 24.3% | 29.6% |
| 资本支出强度资本支出/营收 | 0.6% | 0.1% |
| 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 | $90.7M |
8季度趋势，按日历期对齐
经营现金流CIARPAY
| Q4 25 | $18.0M | $23.3M | ||
| Q3 25 | $4.7M | $32.2M | ||
| Q2 25 | $3.5M | $33.1M | ||
| Q1 25 | $748.0K | $2.5M | ||
| Q4 24 | $31.9M | $34.3M | ||
| Q3 24 | $9.7M | $60.1M | ||
| Q2 24 | $4.6M | $31.0M | ||
| Q1 24 | $6.8M | $24.8M |
自由现金流CIARPAY
| Q4 25 | $17.5M | $23.2M | ||
| Q3 25 | $4.6M | $32.1M | ||
| Q2 25 | $3.3M | $33.0M | ||
| Q1 25 | $641.0K | $2.4M | ||
| Q4 24 | $31.3M | $34.0M | ||
| Q3 24 | $9.3M | $59.8M | ||
| Q2 24 | $4.5M | $30.5M | ||
| Q1 24 | $6.7M | $24.7M |
自由现金流率CIARPAY
| Q4 25 | 24.3% | 29.6% | ||
| Q3 25 | 7.3% | 41.3% | ||
| Q2 25 | 5.1% | 43.6% | ||
| Q1 25 | 1.2% | 3.0% | ||
| Q4 24 | 49.2% | 43.5% | ||
| Q3 24 | 15.1% | 75.6% | ||
| Q2 24 | 7.2% | 40.7% | ||
| Q1 24 | 11.7% | 30.6% |
资本支出强度CIARPAY
| Q4 25 | 0.6% | 0.1% | ||
| Q3 25 | 0.1% | 0.2% | ||
| Q2 25 | 0.3% | 0.1% | ||
| Q1 25 | 0.2% | 0.2% | ||
| Q4 24 | 1.0% | 0.3% | ||
| Q3 24 | 0.6% | 0.3% | ||
| Q2 24 | 0.2% | 0.6% | ||
| Q1 24 | 0.1% | 0.1% |
现金转化率CIARPAY
| Q4 25 | 2.45× | — | ||
| Q3 25 | 1.93× | — | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 8.81× | — | ||
| Q3 24 | 3.48× | 18.52× | ||
| Q2 24 | 1.16× | — | ||
| Q1 24 | 1.49× | — |
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
CIA
暂无分部数据
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
