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COMPX INTERNATIONAL INC（CIX）与Globalstar, Inc.（GSAT）财务数据对比。点击上方公司名可切换其他公司
Globalstar, Inc.的季度营收约是COMPX INTERNATIONAL INC的1.9倍（$72.0M vs $37.7M），COMPX INTERNATIONAL INC净利率更高（12.4% vs -16.1%，领先28.5%），Globalstar, Inc.同比增速更快（17.6% vs -1.9%），过去两年Globalstar, Inc.的营收复合增速更高（12.9% vs -0.4%）
COMPX国际是一家多元化安全与控制产品制造商，主营高性能锁具系统、电子门禁解决方案、人体工学工作站部件及船用五金，核心市场覆盖北美、欧洲，服务商业、住宅、工业、医疗、休闲船舶等领域客户。
Globalstar Inc.是一家美国电信企业，运营近地轨道卫星星座，可提供卫星电话、低速数据传输及对地观测服务，其第二代卫星星座由25颗卫星组成，相关服务可覆盖全球大部分区域的通信及遥感需求。
CIX vs GSAT — 直观对比
营收规模更大
GSAT
是对方的1.9倍
$37.7M
营收增速更快
GSAT
高出19.5%
-1.9%
净利率更高
CIX
高出28.5%
-16.1%
两年增速更快
GSAT
近两年复合增速
-0.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $37.7M | $72.0M |
| 净利润 | $4.7M | $-11.6M |
| 毛利率 | 32.1% | — |
| 营业利润率 | 15.0% | -0.5% |
| 净利率 | 12.4% | -16.1% |
| 营收同比 | -1.9% | 17.6% |
| 净利润同比 | 3.6% | 76.9% |
| 每股收益（稀释后） | $0.38 | $-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CIXGSAT
| Q4 25 | $37.7M | $72.0M | ||
| Q3 25 | $40.0M | $73.8M | ||
| Q2 25 | $40.4M | $67.1M | ||
| Q1 25 | $40.3M | $60.0M | ||
| Q4 24 | $38.4M | $61.2M | ||
| Q3 24 | $33.7M | $72.3M | ||
| Q2 24 | $35.9M | $60.4M | ||
| Q1 24 | $38.0M | $56.5M |
净利润CIXGSAT
| Q4 25 | $4.7M | $-11.6M | ||
| Q3 25 | $4.2M | $1.1M | ||
| Q2 25 | $5.5M | $19.2M | ||
| Q1 25 | $5.1M | $-17.3M | ||
| Q4 24 | $4.5M | $-50.2M | ||
| Q3 24 | $3.5M | $9.9M | ||
| Q2 24 | $4.8M | $-9.7M | ||
| Q1 24 | $3.8M | $-13.2M |
毛利率CIXGSAT
| Q4 25 | 32.1% | — | ||
| Q3 25 | 27.6% | — | ||
| Q2 25 | 31.9% | — | ||
| Q1 25 | 30.2% | — | ||
| Q4 24 | 28.8% | — | ||
| Q3 24 | 28.1% | — | ||
| Q2 24 | 31.1% | — | ||
| Q1 24 | 25.5% | — |
营业利润率CIXGSAT
| Q4 25 | 15.0% | -0.5% | ||
| Q3 25 | 11.9% | 13.8% | ||
| Q2 25 | 15.7% | 9.2% | ||
| Q1 25 | 14.6% | -14.2% | ||
| Q4 24 | 12.7% | -6.9% | ||
| Q3 24 | 9.9% | 13.0% | ||
| Q2 24 | 14.2% | -2.4% | ||
| Q1 24 | 9.8% | -8.3% |
净利率CIXGSAT
| Q4 25 | 12.4% | -16.1% | ||
| Q3 25 | 10.6% | 1.5% | ||
| Q2 25 | 13.5% | 28.6% | ||
| Q1 25 | 12.7% | -28.9% | ||
| Q4 24 | 11.7% | -82.1% | ||
| Q3 24 | 10.3% | 13.7% | ||
| Q2 24 | 13.5% | -16.0% | ||
| Q1 24 | 9.9% | -23.4% |
每股收益（稀释后）CIXGSAT
| Q4 25 | $0.38 | $-0.11 | ||
| Q3 25 | $0.34 | $-0.01 | ||
| Q2 25 | $0.44 | $0.13 | ||
| Q1 25 | $0.42 | $-0.16 | ||
| Q4 24 | $0.37 | $-0.57 | ||
| Q3 24 | $0.28 | $0.00 | ||
| Q2 24 | $0.39 | $-0.01 | ||
| Q1 24 | $0.31 | $-0.01 |
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 | $54.1M | $447.5M |
| 总债务越低越好 | — | $483.8M |
| 股东权益账面价值 | $138.6M | $355.7M |
| 总资产 | $156.2M | $2.3B |
| 负债/权益比越低杠杆越低 | — | 1.36× |
8季度趋势，按日历期对齐
现金及短期投资CIXGSAT
| Q4 25 | $54.1M | $447.5M | ||
| Q3 25 | $46.3M | $346.3M | ||
| Q2 25 | $56.2M | $308.2M | ||
| Q1 25 | $56.1M | $241.4M | ||
| Q4 24 | $60.8M | $391.2M | ||
| Q3 24 | $58.8M | $51.9M | ||
| Q2 24 | $82.1M | $64.3M | ||
| Q1 24 | $75.6M | $59.3M |
总债务CIXGSAT
| Q4 25 | — | $483.8M | ||
| Q3 25 | — | $508.6M | ||
| Q2 25 | — | $491.5M | ||
| Q1 25 | — | $502.7M | ||
| Q4 24 | — | $511.4M | ||
| Q3 24 | — | $394.4M | ||
| Q2 24 | — | $393.1M | ||
| Q1 24 | — | $398.7M |
股东权益CIXGSAT
| Q4 25 | $138.6M | $355.7M | ||
| Q3 25 | $137.7M | $364.8M | ||
| Q2 25 | $149.5M | $360.9M | ||
| Q1 25 | $147.6M | $344.3M | ||
| Q4 24 | $146.1M | $358.9M | ||
| Q3 24 | $145.3M | $394.1M | ||
| Q2 24 | $170.2M | $383.0M | ||
| Q1 24 | $168.9M | $377.1M |
总资产CIXGSAT
| Q4 25 | $156.2M | $2.3B | ||
| Q3 25 | $153.7M | $2.2B | ||
| Q2 25 | $164.8M | $1.9B | ||
| Q1 25 | $162.2M | $1.7B | ||
| Q4 24 | $163.0M | $1.7B | ||
| Q3 24 | $160.1M | $917.6M | ||
| Q2 24 | $185.1M | $926.2M | ||
| Q1 24 | $181.7M | $917.0M |
负债/权益比CIXGSAT
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.39× | ||
| Q2 25 | — | 1.36× | ||
| Q1 25 | — | 1.46× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | — | 1.00× | ||
| Q2 24 | — | 1.03× | ||
| Q1 24 | — | 1.06× |
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 | $12.0M | $175.9M |
| 自由现金流经营现金流 - 资本支出 | $11.4M | — |
| 自由现金流率自由现金流/营收 | 30.3% | — |
| 资本支出强度资本支出/营收 | 1.6% | — |
| 现金转化率经营现金流/净利润 | 2.57× | — |
| 过去12个月自由现金流最近4个季度 | $19.1M | — |
8季度趋势，按日历期对齐
经营现金流CIXGSAT
| Q4 25 | $12.0M | $175.9M | ||
| Q3 25 | $6.3M | $236.0M | ||
| Q2 25 | $4.7M | $157.9M | ||
| Q1 25 | $-137.0K | $51.9M | ||
| Q4 24 | $7.3M | $340.7M | ||
| Q3 24 | $4.1M | $32.0M | ||
| Q2 24 | $9.8M | $36.7M | ||
| Q1 24 | $1.7M | $29.8M |
自由现金流CIXGSAT
| Q4 25 | $11.4M | — | ||
| Q3 25 | $5.3M | — | ||
| Q2 25 | $3.4M | — | ||
| Q1 25 | $-959.0K | — | ||
| Q4 24 | $7.1M | — | ||
| Q3 24 | $3.6M | — | ||
| Q2 24 | $9.4M | — | ||
| Q1 24 | $1.4M | — |
自由现金流率CIXGSAT
| Q4 25 | 30.3% | — | ||
| Q3 25 | 13.2% | — | ||
| Q2 25 | 8.4% | — | ||
| Q1 25 | -2.4% | — | ||
| Q4 24 | 18.5% | — | ||
| Q3 24 | 10.8% | — | ||
| Q2 24 | 26.2% | — | ||
| Q1 24 | 3.6% | — |
资本支出强度CIXGSAT
| Q4 25 | 1.6% | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 1.4% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 0.8% | — |
现金转化率CIXGSAT
| Q4 25 | 2.57× | — | ||
| Q3 25 | 1.48× | 216.53× | ||
| Q2 25 | 0.87× | 8.22× | ||
| Q1 25 | -0.03× | — | ||
| Q4 24 | 1.62× | — | ||
| Q3 24 | 1.18× | 3.23× | ||
| Q2 24 | 2.03× | — | ||
| Q1 24 | 0.45× | — |
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
CIX
| Security Products | $29.5M | 78% |
| Marine Components | $8.2M | 22% |
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
