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天弘科技（CLS）与美国再保险集团（RGA）财务数据对比。点击上方公司名可切换其他公司
美国再保险集团的季度营收约是天弘科技的1.6倍（$6.6B vs $4.0B），美国再保险集团净利率更高（7.0% vs 5.2%，领先1.7%），天弘科技同比增速更快（52.8% vs 26.6%），过去两年天弘科技的营收复合增速更高（35.4% vs 2.3%）
天弘科技（Celestica Inc.）是总部位于加拿大安大略省多伦多的跨国电子制造服务（EMS）企业，业务涵盖设计、生产制造、硬件平台搭建及供应链服务，目前在全球15个国家设有50个运营站点，为各行业客户提供专业的电子产业链相关解决方案。
美国再保险集团（RGA）是总部位于美国密苏里州大圣路易斯地区西郊切斯特菲尔德的全球人寿与健康再保险控股集团。截至2024年12月31日，集团有效人寿再保额约3.9万亿美元，总资产达1187亿美元，是全球唯一主营人寿及健康相关再保险业务的国际企业。
CLS vs RGA — 直观对比
营收规模更大
RGA
是对方的1.6倍
$4.0B
营收增速更快
CLS
高出26.2%
26.6%
净利率更高
RGA
高出1.7%
5.2%
两年增速更快
CLS
近两年复合增速
2.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $6.6B |
| 净利润 | $212.3M | $463.0M |
| 毛利率 | 10.8% | — |
| 营业利润率 | 6723.5% | 7.7% |
| 净利率 | 5.2% | 7.0% |
| 营收同比 | 52.8% | 26.6% |
| 净利润同比 | 146.3% | 212.8% |
| 每股收益（稀释后） | $1.83 | $6.91 |
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CLSRGA
| Q1 26 | $4.0B | — | ||
| Q4 25 | $3.7B | $6.6B | ||
| Q3 25 | $3.2B | $6.2B | ||
| Q2 25 | $2.9B | $5.6B | ||
| Q1 25 | $2.6B | $5.3B | ||
| Q4 24 | — | $5.2B | ||
| Q3 24 | $2.5B | $5.7B | ||
| Q2 24 | $2.4B | $4.9B |
净利润CLSRGA
| Q1 26 | $212.3M | — | ||
| Q4 25 | $267.5M | $463.0M | ||
| Q3 25 | $267.8M | $253.0M | ||
| Q2 25 | $211.0M | $180.0M | ||
| Q1 25 | $86.2M | $286.0M | ||
| Q4 24 | — | $148.0M | ||
| Q3 24 | $89.5M | $156.0M | ||
| Q2 24 | $95.0M | $203.0M |
毛利率CLSRGA
| Q1 26 | 10.8% | — | ||
| Q4 25 | 11.8% | — | ||
| Q3 25 | 13.0% | — | ||
| Q2 25 | 12.8% | — | ||
| Q1 25 | 10.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 10.4% | — | ||
| Q2 24 | 10.6% | — |
营业利润率CLSRGA
| Q1 26 | 6723.5% | — | ||
| Q4 25 | 8.6% | 7.7% | ||
| Q3 25 | 10.2% | 5.2% | ||
| Q2 25 | 9.4% | 6.1% | ||
| Q1 25 | 4.9% | 7.0% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | 5.5% | 3.8% | ||
| Q2 24 | 5.6% | 5.5% |
净利率CLSRGA
| Q1 26 | 5.2% | — | ||
| Q4 25 | 7.3% | 7.0% | ||
| Q3 25 | 8.4% | 4.1% | ||
| Q2 25 | 7.3% | 3.2% | ||
| Q1 25 | 3.3% | 5.4% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | 3.6% | 2.8% | ||
| Q2 24 | 4.0% | 4.2% |
每股收益（稀释后）CLSRGA
| Q1 26 | $1.83 | — | ||
| Q4 25 | $2.29 | $6.91 | ||
| Q3 25 | $2.31 | $3.81 | ||
| Q2 25 | $1.82 | $2.70 | ||
| Q1 25 | $0.74 | $4.27 | ||
| Q4 24 | — | $2.21 | ||
| Q3 24 | $0.75 | $2.33 | ||
| Q2 24 | $0.80 | $3.03 |
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 | $378.0M | $4.2B |
| 总债务越低越好 | — | $5.7B |
| 股东权益账面价值 | $2.1B | $13.5B |
| 总资产 | $8260.0B | $156.6B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资CLSRGA
| Q1 26 | $378.0M | — | ||
| Q4 25 | $595.6M | $4.2B | ||
| Q3 25 | $305.9M | $4.6B | ||
| Q2 25 | $313.8M | $5.4B | ||
| Q1 25 | $303.0M | $5.2B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $5.2B | ||
| Q2 24 | — | $4.6B |
总债务CLSRGA
| Q1 26 | — | — | ||
| Q4 25 | $750.5M | $5.7B | ||
| Q3 25 | $756.7M | $5.7B | ||
| Q2 25 | $848.6M | $5.7B | ||
| Q1 25 | $915.0M | $5.7B | ||
| Q4 24 | — | $5.0B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $5.1B |
股东权益CLSRGA
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $13.5B | ||
| Q3 25 | $2.0B | $13.0B | ||
| Q2 25 | $1.8B | $12.1B | ||
| Q1 25 | $1.6B | $11.4B | ||
| Q4 24 | — | $10.8B | ||
| Q3 24 | $1.8B | $11.1B | ||
| Q2 24 | $1.8B | $9.7B |
总资产CLSRGA
| Q1 26 | $8260.0B | — | ||
| Q4 25 | $7.2B | $156.6B | ||
| Q3 25 | $6.6B | $152.0B | ||
| Q2 25 | $6.2B | $133.5B | ||
| Q1 25 | $5.8B | $128.2B | ||
| Q4 24 | — | $118.7B | ||
| Q3 24 | — | $120.3B | ||
| Q2 24 | — | $109.9B |
负债/权益比CLSRGA
| Q1 26 | — | — | ||
| Q4 25 | 0.34× | 0.42× | ||
| Q3 25 | 0.37× | 0.44× | ||
| Q2 25 | 0.48× | 0.48× | ||
| Q1 25 | 0.59× | 0.50× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.46× | ||
| Q2 24 | — | 0.52× |
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 | $356.3M | $7.3B |
| 自由现金流经营现金流 - 资本支出 | $137.9M | — |
| 自由现金流率自由现金流/营收 | 3.4% | — |
| 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 | 1.68× | 15.83× |
| 过去12个月自由现金流最近4个季度 | $502.6M | — |
8季度趋势，按日历期对齐
经营现金流CLSRGA
| Q1 26 | $356.3M | — | ||
| Q4 25 | $250.6M | $7.3B | ||
| Q3 25 | $126.2M | $-990.0M | ||
| Q2 25 | $152.4M | $-820.0M | ||
| Q1 25 | $130.3M | $-1.4B | ||
| Q4 24 | — | $17.1B | ||
| Q3 24 | $122.8M | $-1.1B | ||
| Q2 24 | $99.6M | $-967.0M |
自由现金流CLSRGA
| Q1 26 | $137.9M | — | ||
| Q4 25 | $155.9M | — | ||
| Q3 25 | $88.9M | — | ||
| Q2 25 | $119.9M | — | ||
| Q1 25 | $93.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $76.8M | — | ||
| Q2 24 | $62.7M | — |
自由现金流率CLSRGA
| Q1 26 | 3.4% | — | ||
| Q4 25 | 4.3% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | 2.6% | — |
资本支出强度CLSRGA
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 1.5% | — |
现金转化率CLSRGA
| Q1 26 | 1.68× | — | ||
| Q4 25 | 0.94× | 15.83× | ||
| Q3 25 | 0.47× | -3.91× | ||
| Q2 25 | 0.72× | -4.56× | ||
| Q1 25 | 1.51× | -5.00× | ||
| Q4 24 | — | 115.81× | ||
| Q3 24 | 1.37× | -6.84× | ||
| Q2 24 | 1.05× | -4.76× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
