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西铁城（CIA）与TELOS CORP（TLS）财务数据对比。点击上方公司名可切换其他公司
西铁城的季度营收约是TELOS CORP的1.5倍（$72.1M vs $46.8M），西铁城净利率更高（10.2% vs -34.9%，领先45.1%），TELOS CORP同比增速更快（77.4% vs 13.5%），西铁城自由现金流更多（$17.5M vs $8.0M），过去两年TELOS CORP的营收复合增速更高（25.7% 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。
泰洛斯公司（Telos Corporation）是一家信息技术与网络安全企业，总部位于美国弗吉尼亚州阿什本。公司主要服务对象为政府与企业客户，业务合同大部分来自美国国防部，核心客户涵盖美国军方、情报机构、民政部门以及北约盟友机构。
CIA vs TLS — 直观对比
营收规模更大
CIA
是对方的1.5倍
$46.8M
营收增速更快
TLS
高出63.8%
13.5%
净利率更高
CIA
高出45.1%
-34.9%
自由现金流更多
CIA
多$9.6M
$8.0M
两年增速更快
TLS
近两年复合增速
11.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $72.1M | $46.8M |
| 净利润 | $7.3M | $-16.3M |
| 毛利率 | — | 35.0% |
| 营业利润率 | 10.9% | -39.6% |
| 净利率 | 10.2% | -34.9% |
| 营收同比 | 13.5% | 77.4% |
| 净利润同比 | 102.7% | -74.8% |
| 每股收益（稀释后） | — | $-0.22 |
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CIATLS
| Q4 25 | $72.1M | $46.8M | ||
| Q3 25 | $62.8M | $51.4M | ||
| Q2 25 | $65.1M | $36.0M | ||
| Q1 25 | $55.7M | $30.6M | ||
| Q4 24 | $63.5M | $26.4M | ||
| Q3 24 | $61.7M | $23.8M | ||
| Q2 24 | $62.1M | $28.5M | ||
| Q1 24 | $57.7M | $29.6M |
净利润CIATLS
| Q4 25 | $7.3M | $-16.3M | ||
| Q3 25 | $2.4M | $-2.1M | ||
| Q2 25 | $6.5M | $-9.5M | ||
| Q1 25 | $-1.6M | $-8.6M | ||
| Q4 24 | $3.6M | $-9.3M | ||
| Q3 24 | $2.8M | $-28.1M | ||
| Q2 24 | $4.0M | $-7.8M | ||
| Q1 24 | $4.5M | $-7.4M |
毛利率CIATLS
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 39.9% | ||
| Q2 25 | — | 33.2% | ||
| Q1 25 | — | 39.8% | ||
| Q4 24 | — | 40.3% | ||
| Q3 24 | — | 13.2% | ||
| Q2 24 | — | 34.1% | ||
| Q1 24 | — | 37.0% |
营业利润率CIATLS
| Q4 25 | 10.9% | -39.6% | ||
| Q3 25 | 7.1% | -4.8% | ||
| Q2 25 | 10.6% | -27.5% | ||
| Q1 25 | -3.2% | -29.5% | ||
| Q4 24 | 5.9% | -37.6% | ||
| Q3 24 | 4.9% | -121.4% | ||
| Q2 24 | 5.3% | -30.3% | ||
| Q1 24 | 8.5% | -28.5% |
净利率CIATLS
| Q4 25 | 10.2% | -34.9% | ||
| Q3 25 | 3.8% | -4.1% | ||
| Q2 25 | 9.9% | -26.5% | ||
| Q1 25 | -2.9% | -28.1% | ||
| Q4 24 | 5.7% | -35.4% | ||
| Q3 24 | 4.5% | -118.0% | ||
| Q2 24 | 6.4% | -27.2% | ||
| Q1 24 | 7.9% | -24.9% |
每股收益（稀释后）CIATLS
| Q4 25 | — | $-0.22 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | — | $-0.13 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | — | $-0.13 | ||
| Q3 24 | — | $-0.39 | ||
| Q2 24 | — | $-0.11 | ||
| Q1 24 | — | $-0.10 |
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 | $53.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $235.0M | $96.0M |
| 总资产 | $1.8B | $139.9M |
| 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CIATLS
| Q4 25 | $23.0M | $53.2M | ||
| Q3 25 | $23.1M | $59.0M | ||
| Q2 25 | $22.7M | $57.0M | ||
| Q1 25 | $18.4M | $57.8M | ||
| Q4 24 | $29.3M | $54.6M | ||
| Q3 24 | $32.4M | $69.8M | ||
| Q2 24 | $26.3M | $80.1M | ||
| Q1 24 | $23.2M | $93.9M |
股东权益CIATLS
| Q4 25 | $235.0M | $96.0M | ||
| Q3 25 | $225.6M | $119.7M | ||
| Q2 25 | $229.0M | $118.4M | ||
| Q1 25 | $218.1M | $126.1M | ||
| Q4 24 | $210.4M | $127.1M | ||
| Q3 24 | $207.6M | $129.5M | ||
| Q2 24 | $191.5M | $149.1M | ||
| Q1 24 | $195.2M | $154.4M |
总资产CIATLS
| Q4 25 | $1.8B | $139.9M | ||
| Q3 25 | $1.7B | $164.3M | ||
| Q2 25 | $1.7B | $165.0M | ||
| Q1 25 | $1.7B | $158.1M | ||
| Q4 24 | $1.7B | $158.2M | ||
| Q3 24 | $1.7B | $166.3M | ||
| Q2 24 | $1.7B | $182.4M | ||
| Q1 24 | $1.7B | $195.4M |
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 | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $17.5M | $8.0M |
| 自由现金流率自由现金流/营收 | 24.3% | 17.0% |
| 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 | $29.4M |
8季度趋势，按日历期对齐
经营现金流CIATLS
| Q4 25 | $18.0M | $8.0M | ||
| Q3 25 | $4.7M | $9.1M | ||
| Q2 25 | $3.5M | $7.0M | ||
| Q1 25 | $748.0K | $6.1M | ||
| Q4 24 | $31.9M | $-10.5M | ||
| Q3 24 | $9.7M | $-7.1M | ||
| Q2 24 | $4.6M | $-8.0M | ||
| Q1 24 | $6.8M | $-350.0K |
自由现金流CIATLS
| Q4 25 | $17.5M | $8.0M | ||
| Q3 25 | $4.6M | $8.7M | ||
| Q2 25 | $3.3M | $6.8M | ||
| Q1 25 | $641.0K | $6.0M | ||
| Q4 24 | $31.3M | $-12.4M | ||
| Q3 24 | $9.3M | $-7.1M | ||
| Q2 24 | $4.5M | $-8.2M | ||
| Q1 24 | $6.7M | $-447.0K |
自由现金流率CIATLS
| Q4 25 | 24.3% | 17.0% | ||
| Q3 25 | 7.3% | 16.9% | ||
| Q2 25 | 5.1% | 19.0% | ||
| Q1 25 | 1.2% | 19.5% | ||
| Q4 24 | 49.2% | -47.0% | ||
| Q3 24 | 15.1% | -30.0% | ||
| Q2 24 | 7.2% | -28.9% | ||
| Q1 24 | 11.7% | -1.5% |
资本支出强度CIATLS
| Q4 25 | 0.6% | 0.1% | ||
| Q3 25 | 0.1% | 0.9% | ||
| Q2 25 | 0.3% | 0.4% | ||
| Q1 25 | 0.2% | 0.4% | ||
| Q4 24 | 1.0% | 7.1% | ||
| Q3 24 | 0.6% | 0.2% | ||
| Q2 24 | 0.2% | 0.8% | ||
| Q1 24 | 0.1% | 0.3% |
现金转化率CIATLS
| Q4 25 | 2.45× | — | ||
| Q3 25 | 1.93× | — | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 8.81× | — | ||
| Q3 24 | 3.48× | — | ||
| 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
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
