vs
Caledonia Mining Corp Plc（CMCL）与STEM, INC.（STEM）财务数据对比。点击上方公司名可切换其他公司
STEM, INC.的季度营收约是Caledonia Mining Corp Plc的1.0倍（$47.1M vs $46.9M），Caledonia Mining Corp Plc净利率更高（7.0% vs -33.9%，领先40.9%），Caledonia Mining Corp Plc同比增速更快（13.8% vs -15.6%），过去两年STEM, INC.的营收复合增速更高（36.1% vs 17.1%）
霍赫希尔德矿业是总部位于秘鲁利马、在英国伦敦设有企业办事处的领先银金矿开采企业，业务覆盖北美、中美及南美地区。公司在伦敦证券交易所上市，是富时250指数成分股，大股东为秘鲁企业家爱德华多·霍赫希尔德。
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
CMCL vs STEM — 直观对比
营收规模更大
STEM
是对方的1.0倍
$46.9M
营收增速更快
CMCL
高出29.3%
-15.6%
净利率更高
CMCL
高出40.9%
-33.9%
两年增速更快
STEM
近两年复合增速
17.1%
损益表 — Q3 FY2024 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $46.9M | $47.1M |
| 净利润 | $3.3M | $-16.0M |
| 毛利率 | 41.2% | 48.9% |
| 营业利润率 | 18.6% | -17.7% |
| 净利率 | 7.0% | -33.9% |
| 营收同比 | 13.8% | -15.6% |
| 净利润同比 | -33.3% | 68.8% |
| 每股收益（稀释后） | $0.13 | $-4.40 |
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CMCLSTEM
| Q4 25 | — | $47.1M | ||
| Q3 25 | — | $38.2M | ||
| Q2 25 | — | $38.4M | ||
| Q1 25 | — | $32.5M | ||
| Q4 24 | — | $55.8M | ||
| Q3 24 | $46.9M | $29.3M | ||
| Q2 24 | $50.1M | $34.0M | ||
| Q1 24 | $38.5M | $25.5M |
净利润CMCLSTEM
| Q4 25 | — | $-16.0M | ||
| Q3 25 | — | $-23.8M | ||
| Q2 25 | — | $202.5M | ||
| Q1 25 | — | $-25.0M | ||
| Q4 24 | — | $-51.1M | ||
| Q3 24 | $3.3M | $-148.3M | ||
| Q2 24 | $10.2M | $-582.3M | ||
| Q1 24 | $2.1M | $-72.3M |
毛利率CMCLSTEM
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | 41.2% | 21.2% | ||
| Q2 24 | 45.8% | 27.6% | ||
| Q1 24 | 35.9% | -95.0% |
营业利润率CMCLSTEM
| Q4 25 | — | -17.7% | ||
| Q3 25 | — | -33.6% | ||
| Q2 25 | — | -34.8% | ||
| Q1 25 | — | -65.0% | ||
| Q4 24 | — | -84.4% | ||
| Q3 24 | 18.6% | -493.2% | ||
| Q2 24 | 32.2% | -1705.5% | ||
| Q1 24 | 13.8% | -267.0% |
净利率CMCLSTEM
| Q4 25 | — | -33.9% | ||
| Q3 25 | — | -62.2% | ||
| Q2 25 | — | 527.8% | ||
| Q1 25 | — | -76.9% | ||
| Q4 24 | — | -91.6% | ||
| Q3 24 | 7.0% | -506.3% | ||
| Q2 24 | 20.3% | -1712.6% | ||
| Q1 24 | 5.4% | -283.9% |
每股收益（稀释后）CMCLSTEM
| Q4 25 | — | $-4.40 | ||
| Q3 25 | — | $-2.84 | ||
| Q2 25 | — | $-1.79 | ||
| Q1 25 | — | $-0.15 | ||
| Q4 24 | — | $-15.29 | ||
| Q3 24 | $0.13 | $-18.24 | ||
| Q2 24 | $0.42 | $-71.81 | ||
| Q1 24 | $0.07 | $-0.46 |
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 | $7.2M | $48.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $231.0M | $-249.4M |
| 总资产 | $339.7M | $308.9M |
| 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CMCLSTEM
| Q4 25 | — | $48.9M | ||
| Q3 25 | — | $43.1M | ||
| Q2 25 | — | $40.8M | ||
| Q1 25 | — | $58.6M | ||
| Q4 24 | — | $56.3M | ||
| Q3 24 | $7.2M | $75.4M | ||
| Q2 24 | $15.4M | $89.6M | ||
| Q1 24 | $1.8M | $112.8M |
股东权益CMCLSTEM
| Q4 25 | — | $-249.4M | ||
| Q3 25 | — | $-235.7M | ||
| Q2 25 | — | $-214.1M | ||
| Q1 25 | — | $-417.5M | ||
| Q4 24 | — | $-398.4M | ||
| Q3 24 | $231.0M | $-344.1M | ||
| Q2 24 | $231.1M | $-203.2M | ||
| Q1 24 | $220.3M | $371.6M |
总资产CMCLSTEM
| Q4 25 | — | $308.9M | ||
| Q3 25 | — | $362.6M | ||
| Q2 25 | — | $379.2M | ||
| Q1 25 | — | $405.1M | ||
| Q4 24 | — | $437.4M | ||
| Q3 24 | $339.7M | $537.8M | ||
| Q2 24 | $338.5M | $691.5M | ||
| Q1 24 | $321.8M | $1.3B |
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 | $4.6M | $8.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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 | 1.40× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CMCLSTEM
| Q4 25 | — | $8.2M | ||
| Q3 25 | — | $11.4M | ||
| Q2 25 | — | $-21.3M | ||
| Q1 25 | — | $8.5M | ||
| Q4 24 | — | $-14.7M | ||
| Q3 24 | $4.6M | $-9.4M | ||
| Q2 24 | $19.1M | $-11.9M | ||
| Q1 24 | — | $-621.0K |
现金转化率CMCLSTEM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.11× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.40× | — | ||
| Q2 24 | 1.87× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
