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优尼威（CLMB）与Enphase Energy（ENPH）财务数据对比。点击上方公司名可切换其他公司
Enphase Energy的季度营收约是优尼威的1.5倍（$282.9M vs $193.8M），优尼威净利率更高（3.6% vs -2.6%，领先6.2%），优尼威同比增速更快（19.8% vs -20.6%），过去两年优尼威的营收复合增速更高（44.8% vs -3.4%）
优尼威解决方案是一家全球化学品与原料分销商，同时可为客户提供各类增值服务，在行业内拥有广泛的全球布局与专业服务能力。
Enphase Energy是总部位于美国加利福尼亚州弗里蒙特的能源科技企业，成立于2006年，是全球首家成功实现光伏微型逆变器商业化的企业，主要面向住宅用户研发生产光伏微型逆变器、储能电池及电动汽车充电桩。
CLMB vs ENPH — 直观对比
营收规模更大
ENPH
是对方的1.5倍
$193.8M
营收增速更快
CLMB
高出40.4%
-20.6%
净利率更高
CLMB
高出6.2%
-2.6%
两年增速更快
CLMB
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $193.8M | $282.9M |
| 净利润 | $7.0M | $-7.4M |
| 毛利率 | 15.4% | 35.5% |
| 营业利润率 | 4.9% | — |
| 净利率 | 3.6% | -2.6% |
| 营收同比 | 19.8% | -20.6% |
| 净利润同比 | -0.1% | -124.9% |
| 每股收益（稀释后） | $1.51 | $-0.06 |
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CLMBENPH
| Q1 26 | — | $282.9M | ||
| Q4 25 | $193.8M | $343.3M | ||
| Q3 25 | $161.3M | $410.4M | ||
| Q2 25 | $159.3M | $363.2M | ||
| Q1 25 | $138.0M | $356.1M | ||
| Q4 24 | $161.8M | $382.7M | ||
| Q3 24 | $119.3M | $380.9M | ||
| Q2 24 | $92.1M | $303.5M |
净利润CLMBENPH
| Q1 26 | — | $-7.4M | ||
| Q4 25 | $7.0M | $38.7M | ||
| Q3 25 | $4.7M | $66.6M | ||
| Q2 25 | $6.0M | $37.1M | ||
| Q1 25 | $3.7M | $29.7M | ||
| Q4 24 | $7.0M | $62.2M | ||
| Q3 24 | $5.5M | $45.8M | ||
| Q2 24 | $3.4M | $10.8M |
毛利率CLMBENPH
| Q1 26 | — | 35.5% | ||
| Q4 25 | 15.4% | 44.3% | ||
| Q3 25 | 15.9% | 47.8% | ||
| Q2 25 | 16.5% | 46.9% | ||
| Q1 25 | 16.9% | 47.2% | ||
| Q4 24 | 19.3% | 51.8% | ||
| Q3 24 | 20.3% | 46.8% | ||
| Q2 24 | 20.2% | 45.2% |
营业利润率CLMBENPH
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 6.5% | ||
| Q3 25 | 4.3% | 16.1% | ||
| Q2 25 | 5.0% | 10.2% | ||
| Q1 25 | 3.5% | 9.0% | ||
| Q4 24 | 7.2% | 14.3% | ||
| Q3 24 | 7.1% | 13.1% | ||
| Q2 24 | 4.6% | 0.6% |
净利率CLMBENPH
| Q1 26 | — | -2.6% | ||
| Q4 25 | 3.6% | 11.3% | ||
| Q3 25 | 2.9% | 16.2% | ||
| Q2 25 | 3.7% | 10.2% | ||
| Q1 25 | 2.7% | 8.3% | ||
| Q4 24 | 4.3% | 16.2% | ||
| Q3 24 | 4.6% | 12.0% | ||
| Q2 24 | 3.7% | 3.6% |
每股收益（稀释后）CLMBENPH
| Q1 26 | — | $-0.06 | ||
| Q4 25 | $1.51 | $0.29 | ||
| Q3 25 | $1.02 | $0.50 | ||
| Q2 25 | $1.30 | $0.28 | ||
| Q1 25 | $0.81 | $0.22 | ||
| Q4 24 | $1.52 | $0.46 | ||
| Q3 24 | $1.19 | $0.33 | ||
| Q2 24 | $0.75 | $0.08 |
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 | $36.6M | $497.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $116.6M | $1.1B |
| 总资产 | $460.2M | $2.7B |
| 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CLMBENPH
| Q1 26 | — | $497.5M | ||
| Q4 25 | $36.6M | $1.5B | ||
| Q3 25 | $49.8M | $1.5B | ||
| Q2 25 | $28.6M | $1.5B | ||
| Q1 25 | $32.5M | $1.5B | ||
| Q4 24 | $29.8M | $1.6B | ||
| Q3 24 | $22.1M | $1.8B | ||
| Q2 24 | $48.4M | $1.6B |
总债务CLMBENPH
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B |
股东权益CLMBENPH
| Q1 26 | — | $1.1B | ||
| Q4 25 | $116.6M | $1.1B | ||
| Q3 25 | $109.3M | $995.0M | ||
| Q2 25 | $105.2M | $880.6M | ||
| Q1 25 | $95.6M | $810.7M | ||
| Q4 24 | $90.6M | $833.0M | ||
| Q3 24 | $87.7M | $931.4M | ||
| Q2 24 | $79.8M | $884.5M |
总资产CLMBENPH
| Q1 26 | — | $2.7B | ||
| Q4 25 | $460.2M | $3.5B | ||
| Q3 25 | $376.1M | $3.3B | ||
| Q2 25 | $420.7M | $3.2B | ||
| Q1 25 | $370.1M | $3.1B | ||
| Q4 24 | $469.2M | $3.2B | ||
| Q3 24 | $371.9M | $3.3B | ||
| Q2 24 | $302.8M | $3.2B |
负债/权益比CLMBENPH
| Q1 26 | — | — | ||
| Q4 25 | — | 1.11× | ||
| Q3 25 | — | 1.21× | ||
| Q2 25 | — | 1.37× | ||
| Q1 25 | — | 1.48× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | — | 1.40× | ||
| Q2 24 | — | 1.47× |
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 | $-11.9M | $102.9M |
| 自由现金流经营现金流 - 资本支出 | — | $83.0M |
| 自由现金流率自由现金流/营收 | — | 29.3% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | -1.70× | — |
| 过去12个月自由现金流最近4个季度 | — | $145.1M |
8季度趋势，按日历期对齐
经营现金流CLMBENPH
| Q1 26 | — | $102.9M | ||
| Q4 25 | $-11.9M | $47.6M | ||
| Q3 25 | $22.2M | $13.9M | ||
| Q2 25 | $-2.2M | $26.6M | ||
| Q1 25 | $8.5M | $48.4M | ||
| Q4 24 | $16.0M | $167.3M | ||
| Q3 24 | $-3.6M | $170.1M | ||
| Q2 24 | $7.3M | $127.1M |
自由现金流CLMBENPH
| Q1 26 | — | $83.0M | ||
| Q4 25 | — | $37.8M | ||
| Q3 25 | — | $5.9M | ||
| Q2 25 | — | $18.4M | ||
| Q1 25 | — | $33.8M | ||
| Q4 24 | — | $159.2M | ||
| Q3 24 | — | $161.6M | ||
| Q2 24 | — | $117.4M |
自由现金流率CLMBENPH
| Q1 26 | — | 29.3% | ||
| Q4 25 | — | 11.0% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | — | 9.5% | ||
| Q4 24 | — | 41.6% | ||
| Q3 24 | — | 42.4% | ||
| Q2 24 | — | 38.7% |
资本支出强度CLMBENPH
| Q1 26 | — | — | ||
| Q4 25 | — | 2.8% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 2.3% | ||
| Q1 25 | — | 4.1% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 3.2% |
现金转化率CLMBENPH
| Q1 26 | — | — | ||
| Q4 25 | -1.70× | 1.23× | ||
| Q3 25 | 4.73× | 0.21× | ||
| Q2 25 | -0.37× | 0.72× | ||
| Q1 25 | 2.30× | 1.63× | ||
| Q4 24 | 2.29× | 2.69× | ||
| Q3 24 | -0.66× | 3.72× | ||
| Q2 24 | 2.13× | 11.73× |
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
CLMB
| Distribution Segment | $187.9M | 97% |
| Solutions Segment | $6.0M | 3% |
ENPH
暂无分部数据
