vs
Cipher Mining Inc.（CIFR）与FGI Industries Ltd.（FGI）财务数据对比。点击上方公司名可切换其他公司
Cipher Mining Inc.的季度营收约是FGI Industries Ltd.的2.0倍（$59.7M vs $30.5M），FGI Industries Ltd.净利率更高（-8.6% vs -1229.6%，领先1221.0%），Cipher Mining Inc.同比增速更快（41.4% vs -14.4%），FGI Industries Ltd.自由现金流更多（$2.3M vs $-695.9M），过去两年Cipher Mining Inc.的营收复合增速更高（11.4% vs -0.5%）
Cipher Mining Inc.是总部位于美国的比特币挖矿生态运营企业，当前正全力发展加密货币相关业务，深耕加密行业上游基础设施赛道，依托技术及合规优势构建稳定高效的挖矿服务体系。
FGI Industries Ltd是一家全球厨卫产品、家居收纳解决方案及家装用品的设计、制造与分销商，服务覆盖北美、欧洲及亚太地区的大型连锁零售商、家居专营店和电商平台。
CIFR vs FGI — 直观对比
营收规模更大
CIFR
是对方的2.0倍
$30.5M
营收增速更快
CIFR
高出55.8%
-14.4%
净利率更高
FGI
高出1221.0%
-1229.6%
自由现金流更多
FGI
多$698.1M
$-695.9M
两年增速更快
CIFR
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $59.7M | $30.5M |
| 净利润 | $-734.2M | $-2.6M |
| 毛利率 | 59.4% | 26.7% |
| 营业利润率 | -503.4% | -2.2% |
| 净利率 | -1229.6% | -8.6% |
| 营收同比 | 41.4% | -14.4% |
| 净利润同比 | -4293.1% | -553.1% |
| 每股收益（稀释后） | $-1.91 | $-1.63 |
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CIFRFGI
| Q4 25 | $59.7M | $30.5M | ||
| Q3 25 | $71.7M | $35.8M | ||
| Q2 25 | $43.6M | $31.0M | ||
| Q1 25 | $49.0M | $33.2M | ||
| Q4 24 | $42.2M | $35.6M | ||
| Q3 24 | $24.1M | $36.1M | ||
| Q2 24 | $36.8M | $29.4M | ||
| Q1 24 | $48.1M | $30.8M |
净利润CIFRFGI
| Q4 25 | $-734.2M | $-2.6M | ||
| Q3 25 | $-3.3M | $-1.7M | ||
| Q2 25 | $-45.8M | $-1.2M | ||
| Q1 25 | $-39.0M | $-629.1K | ||
| Q4 24 | $17.5M | $-402.3K | ||
| Q3 24 | $-86.8M | $-550.1K | ||
| Q2 24 | $-15.3M | $163.6K | ||
| Q1 24 | $39.9M | $-412.2K |
毛利率CIFRFGI
| Q4 25 | 59.4% | 26.7% | ||
| Q3 25 | 62.7% | 26.5% | ||
| Q2 25 | 64.8% | 28.1% | ||
| Q1 25 | 69.6% | 26.8% | ||
| Q4 24 | 56.9% | 24.6% | ||
| Q3 24 | 37.5% | 25.8% | ||
| Q2 24 | 61.2% | 30.5% | ||
| Q1 24 | 69.2% | 27.4% |
营业利润率CIFRFGI
| Q4 25 | -503.4% | -2.2% | ||
| Q3 25 | -52.5% | 1.0% | ||
| Q2 25 | -103.9% | -2.7% | ||
| Q1 25 | -77.8% | -3.9% | ||
| Q4 24 | 40.5% | -3.5% | ||
| Q3 24 | -379.2% | -0.2% | ||
| Q2 24 | -43.9% | -1.5% | ||
| Q1 24 | 97.2% | -1.0% |
净利率CIFRFGI
| Q4 25 | -1229.6% | -8.6% | ||
| Q3 25 | -4.6% | -4.6% | ||
| Q2 25 | -105.1% | -4.0% | ||
| Q1 25 | -79.6% | -1.9% | ||
| Q4 24 | 41.5% | -1.1% | ||
| Q3 24 | -359.9% | -1.5% | ||
| Q2 24 | -41.5% | 0.6% | ||
| Q1 24 | 82.9% | -1.3% |
每股收益（稀释后）CIFRFGI
| Q4 25 | $-1.91 | $-1.63 | ||
| Q3 25 | $-0.01 | $-0.86 | ||
| Q2 25 | $-0.12 | $-0.64 | ||
| Q1 25 | $-0.11 | $-0.07 | ||
| Q4 24 | $0.04 | $-0.38 | ||
| Q3 24 | $-0.26 | $-0.29 | ||
| Q2 24 | $-0.05 | $0.08 | ||
| Q1 24 | $0.13 | $-0.04 |
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 | $628.3M | $1.9M |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $805.5M | $17.3M |
| 总资产 | $4.3B | $69.5M |
| 负债/权益比越低杠杆越低 | 3.37× | — |
8季度趋势，按日历期对齐
现金及短期投资CIFRFGI
| Q4 25 | $628.3M | $1.9M | ||
| Q3 25 | $1.2B | $1.9M | ||
| Q2 25 | $62.7M | $2.5M | ||
| Q1 25 | $23.2M | $1.2M | ||
| Q4 24 | $5.6M | $4.6M | ||
| Q3 24 | $25.3M | $3.0M | ||
| Q2 24 | $122.6M | $1.3M | ||
| Q1 24 | $88.7M | $3.3M |
总债务CIFRFGI
| Q4 25 | $2.7B | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $167.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CIFRFGI
| Q4 25 | $805.5M | $17.3M | ||
| Q3 25 | $783.2M | $19.7M | ||
| Q2 25 | $748.9M | $21.3M | ||
| Q1 25 | $734.8M | $21.8M | ||
| Q4 24 | $682.0M | $22.3M | ||
| Q3 24 | $672.0M | $23.5M | ||
| Q2 24 | $690.8M | $23.8M | ||
| Q1 24 | $600.9M | $23.9M |
总资产CIFRFGI
| Q4 25 | $4.3B | $69.5M | ||
| Q3 25 | $2.8B | $73.0M | ||
| Q2 25 | $1.0B | $71.7M | ||
| Q1 25 | $913.8M | $68.5M | ||
| Q4 24 | $855.4M | $75.5M | ||
| Q3 24 | $775.4M | $74.7M | ||
| Q2 24 | $775.6M | $69.9M | ||
| Q1 24 | $677.1M | $68.6M |
负债/权益比CIFRFGI
| Q4 25 | 3.37× | — | ||
| Q3 25 | 1.31× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | $-207.9M | $2.3M |
| 自由现金流经营现金流 - 资本支出 | $-695.9M | $2.3M |
| 自由现金流率自由现金流/营收 | -1165.4% | 7.5% |
| 资本支出强度资本支出/营收 | 817.1% | 0.2% |
| 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 | $-1.1B | $-212.5K |
8季度趋势，按日历期对齐
经营现金流CIFRFGI
| Q4 25 | $-207.9M | $2.3M | ||
| Q3 25 | $-50.1M | $-1.9M | ||
| Q2 25 | $-56.2M | $7.6M | ||
| Q1 25 | $-47.2M | $-7.4M | ||
| Q4 24 | $-87.5M | $617.4K | ||
| Q3 24 | $-6.5M | $-915.0K | ||
| Q2 24 | $-25.4M | $862.1K | ||
| Q1 24 | $-26.6M | $-8.0M |
自由现金流CIFRFGI
| Q4 25 | $-695.9M | $2.3M | ||
| Q3 25 | $-256.2M | $-2.1M | ||
| Q2 25 | $-87.5M | $7.4M | ||
| Q1 25 | $-71.8M | $-7.7M | ||
| Q4 24 | $-227.0M | $-214.1K | ||
| Q3 24 | $-83.2M | $-1.1M | ||
| Q2 24 | $-33.2M | $281.5K | ||
| Q1 24 | $-34.5M | $-8.6M |
自由现金流率CIFRFGI
| Q4 25 | -1165.4% | 7.5% | ||
| Q3 25 | -357.3% | -5.9% | ||
| Q2 25 | -200.9% | 23.8% | ||
| Q1 25 | -146.7% | -23.3% | ||
| Q4 24 | -537.6% | -0.6% | ||
| Q3 24 | -345.0% | -3.0% | ||
| Q2 24 | -90.2% | 1.0% | ||
| Q1 24 | -71.7% | -28.0% |
资本支出强度CIFRFGI
| Q4 25 | 817.1% | 0.2% | ||
| Q3 25 | 287.5% | 0.7% | ||
| Q2 25 | 71.8% | 0.7% | ||
| Q1 25 | 50.2% | 1.1% | ||
| Q4 24 | 330.4% | 2.3% | ||
| Q3 24 | 317.8% | 0.5% | ||
| Q2 24 | 21.4% | 2.0% | ||
| Q1 24 | 16.4% | 2.0% |
现金转化率CIFRFGI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -5.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 5.27× | ||
| Q1 24 | -0.67× | — |
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
CIFR
暂无分部数据
FGI
| Sanitaryware | $19.1M | 63% |
| Shower System | $5.8M | 19% |
| Kitchen And Bath Other | $3.3M | 11% |
| Bath Furniture Products | $2.3M | 7% |
