vs
Cipher Mining Inc.（CIFR）与READING INTERNATIONAL INC（RDI）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READING INTERNATIONAL INC的1.2倍（$59.7M vs $50.3M），READING INTERNATIONAL INC净利率更高（-5.1% vs -1229.6%，领先1224.5%），Cipher Mining Inc.同比增速更快（41.4% vs -14.2%），READING INTERNATIONAL INC自由现金流更多（$4.1M vs $-695.9M），过去两年Cipher Mining Inc.的营收复合增速更高（11.4% vs 5.6%）
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。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
CIFR vs RDI — 直观对比
营收规模更大
CIFR
是对方的1.2倍
$50.3M
营收增速更快
CIFR
高出55.6%
-14.2%
净利率更高
RDI
高出1224.5%
-1229.6%
自由现金流更多
RDI
多$700.0M
$-695.9M
两年增速更快
CIFR
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $59.7M | $50.3M |
| 净利润 | $-734.2M | $-2.6M |
| 毛利率 | 59.4% | — |
| 营业利润率 | -503.4% | -1.9% |
| 净利率 | -1229.6% | -5.1% |
| 营收同比 | 41.4% | -14.2% |
| 净利润同比 | -4293.1% | -14.5% |
| 每股收益（稀释后） | $-1.91 | $-0.11 |
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CIFRRDI
| Q4 25 | $59.7M | $50.3M | ||
| Q3 25 | $71.7M | $52.2M | ||
| Q2 25 | $43.6M | $60.4M | ||
| Q1 25 | $49.0M | $40.2M | ||
| Q4 24 | $42.2M | $58.6M | ||
| Q3 24 | $24.1M | $60.1M | ||
| Q2 24 | $36.8M | $46.8M | ||
| Q1 24 | $48.1M | $45.1M |
净利润CIFRRDI
| Q4 25 | $-734.2M | $-2.6M | ||
| Q3 25 | $-3.3M | $-4.2M | ||
| Q2 25 | $-45.8M | $-2.7M | ||
| Q1 25 | $-39.0M | $-4.8M | ||
| Q4 24 | $17.5M | $-2.2M | ||
| Q3 24 | $-86.8M | $-7.0M | ||
| Q2 24 | $-15.3M | $-12.8M | ||
| Q1 24 | $39.9M | $-13.2M |
毛利率CIFRRDI
| Q4 25 | 59.4% | — | ||
| Q3 25 | 62.7% | — | ||
| Q2 25 | 64.8% | — | ||
| Q1 25 | 69.6% | — | ||
| Q4 24 | 56.9% | — | ||
| Q3 24 | 37.5% | — | ||
| Q2 24 | 61.2% | — | ||
| Q1 24 | 69.2% | — |
营业利润率CIFRRDI
| Q4 25 | -503.4% | -1.9% | ||
| Q3 25 | -52.5% | -0.6% | ||
| Q2 25 | -103.9% | 4.8% | ||
| Q1 25 | -77.8% | -17.2% | ||
| Q4 24 | 40.5% | 2.6% | ||
| Q3 24 | -379.2% | -0.6% | ||
| Q2 24 | -43.9% | -16.4% | ||
| Q1 24 | 97.2% | -16.7% |
净利率CIFRRDI
| Q4 25 | -1229.6% | -5.1% | ||
| Q3 25 | -4.6% | -8.0% | ||
| Q2 25 | -105.1% | -4.4% | ||
| Q1 25 | -79.6% | -11.8% | ||
| Q4 24 | 41.5% | -3.8% | ||
| Q3 24 | -359.9% | -11.7% | ||
| Q2 24 | -41.5% | -27.4% | ||
| Q1 24 | 82.9% | -29.4% |
每股收益（稀释后）CIFRRDI
| Q4 25 | $-1.91 | $-0.11 | ||
| Q3 25 | $-0.01 | $-0.18 | ||
| Q2 25 | $-0.12 | $-0.12 | ||
| Q1 25 | $-0.11 | $-0.21 | ||
| Q4 24 | $0.04 | $-0.11 | ||
| Q3 24 | $-0.26 | $-0.31 | ||
| Q2 24 | $-0.05 | $-0.57 | ||
| Q1 24 | $0.13 | $-0.59 |
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 | $10.5M |
| 总债务越低越好 | $2.7B | $185.1M |
| 股东权益账面价值 | $805.5M | $-18.2M |
| 总资产 | $4.3B | $434.9M |
| 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CIFRRDI
| Q4 25 | $628.3M | $10.5M | ||
| Q3 25 | $1.2B | $8.1M | ||
| Q2 25 | $62.7M | $9.1M | ||
| Q1 25 | $23.2M | $5.9M | ||
| Q4 24 | $5.6M | $12.4M | ||
| Q3 24 | $25.3M | $10.1M | ||
| Q2 24 | $122.6M | $9.3M | ||
| Q1 24 | $88.7M | $7.5M |
总债务CIFRRDI
| Q4 25 | $2.7B | $185.1M | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $167.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CIFRRDI
| Q4 25 | $805.5M | $-18.2M | ||
| Q3 25 | $783.2M | $-12.1M | ||
| Q2 25 | $748.9M | $-7.7M | ||
| Q1 25 | $734.8M | $-8.1M | ||
| Q4 24 | $682.0M | $-4.4M | ||
| Q3 24 | $672.0M | $1.6M | ||
| Q2 24 | $690.8M | $6.5M | ||
| Q1 24 | $600.9M | $18.0M |
总资产CIFRRDI
| Q4 25 | $4.3B | $434.9M | ||
| Q3 25 | $2.8B | $435.2M | ||
| Q2 25 | $1.0B | $438.1M | ||
| Q1 25 | $913.8M | $441.0M | ||
| Q4 24 | $855.4M | $471.0M | ||
| Q3 24 | $775.4M | $495.7M | ||
| Q2 24 | $775.6M | $494.9M | ||
| Q1 24 | $677.1M | $494.9M |
负债/权益比CIFRRDI
| 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 | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $-695.9M | $4.1M |
| 自由现金流率自由现金流/营收 | -1165.4% | 8.2% |
| 资本支出强度资本支出/营收 | 817.1% | 0.3% |
| 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 | $-2.9M |
8季度趋势，按日历期对齐
经营现金流CIFRRDI
| Q4 25 | $-207.9M | $4.3M | ||
| Q3 25 | $-50.1M | $295.0K | ||
| Q2 25 | $-56.2M | $1.6M | ||
| Q1 25 | $-47.2M | $-7.7M | ||
| Q4 24 | $-87.5M | $8.0M | ||
| Q3 24 | $-6.5M | $1.3M | ||
| Q2 24 | $-25.4M | $-10.4M | ||
| Q1 24 | $-26.6M | $-2.8M |
自由现金流CIFRRDI
| Q4 25 | $-695.9M | $4.1M | ||
| Q3 25 | $-256.2M | $-246.0K | ||
| Q2 25 | $-87.5M | $1.2M | ||
| Q1 25 | $-71.8M | $-8.0M | ||
| Q4 24 | $-227.0M | $7.0M | ||
| Q3 24 | $-83.2M | $-1.1M | ||
| Q2 24 | $-33.2M | $-10.6M | ||
| Q1 24 | $-34.5M | $-4.7M |
自由现金流率CIFRRDI
| Q4 25 | -1165.4% | 8.2% | ||
| Q3 25 | -357.3% | -0.5% | ||
| Q2 25 | -200.9% | 1.9% | ||
| Q1 25 | -146.7% | -19.8% | ||
| Q4 24 | -537.6% | 12.0% | ||
| Q3 24 | -345.0% | -1.8% | ||
| Q2 24 | -90.2% | -22.7% | ||
| Q1 24 | -71.7% | -10.4% |
资本支出强度CIFRRDI
| Q4 25 | 817.1% | 0.3% | ||
| Q3 25 | 287.5% | 1.0% | ||
| Q2 25 | 71.8% | 0.6% | ||
| Q1 25 | 50.2% | 0.6% | ||
| Q4 24 | 330.4% | 1.7% | ||
| Q3 24 | 317.8% | 4.0% | ||
| Q2 24 | 21.4% | 0.5% | ||
| Q1 24 | 16.4% | 4.3% |
现金转化率CIFRRDI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -5.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
