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Vita Coco Company, Inc.（COCO）与Heritage Distilling Holding Company, Inc.（IPST）财务数据对比。点击上方公司名可切换其他公司
Vita Coco Company, Inc.的季度营收约是Heritage Distilling Holding Company, Inc.的27.1倍（$127.8M vs $4.7M）。Vita Coco Company, Inc.净利率更高（4.3% vs -6862.0%，领先6866.3%）
唯他可可（Vita Coco）是美国知名饮料企业，主打椰子水产品，是全球椰子水及植物基饮品赛道的头部品牌。截至2016年业务已覆盖31个国家，属于共益企业，由All Market Inc.控股。
纽波特工艺酿酒蒸馏公司位于美国罗德岛州纽波特，1999年以滨海极限酿酒公司之名成立，是纽波特首家精酿微酿酒厂，2006年新增蒸馏业务，2018年改用现名以体现综合生产定位，目前生产多种啤酒与烈酒产品，分销网络覆盖美国东北部地区。
COCO vs IPST — 直观对比
营收规模更大
COCO
是对方的27.1倍
$4.7M
净利率更高
COCO
高出6866.3%
-6862.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $127.8M | $4.7M |
| 净利润 | $5.5M | $-323.7M |
| 毛利率 | 34.9% | 68.5% |
| 营业利润率 | 8.0% | -2622.6% |
| 净利率 | 4.3% | -6862.0% |
| 营收同比 | 0.4% | — |
| 净利润同比 | 64.0% | — |
| 每股收益（稀释后） | $0.10 | $-31.89 |
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COCOIPST
| Q4 25 | $127.8M | $4.7M | ||
| Q3 25 | $182.3M | $3.0M | ||
| Q2 25 | $168.8M | $1.3M | ||
| Q1 25 | $130.9M | $1.1M | ||
| Q4 24 | $127.3M | — | ||
| Q3 24 | $132.9M | $1.8M | ||
| Q2 24 | $144.1M | — | ||
| Q1 24 | $111.7M | — |
净利润COCOIPST
| Q4 25 | $5.5M | $-323.7M | ||
| Q3 25 | $24.0M | $196.3M | ||
| Q2 25 | $22.9M | $-7.3M | ||
| Q1 25 | $18.9M | $-3.0M | ||
| Q4 24 | $3.4M | — | ||
| Q3 24 | $19.3M | $-3.4M | ||
| Q2 24 | $19.1M | — | ||
| Q1 24 | $14.2M | — |
毛利率COCOIPST
| Q4 25 | 34.9% | 68.5% | ||
| Q3 25 | 37.7% | 61.3% | ||
| Q2 25 | 36.3% | 17.2% | ||
| Q1 25 | 36.7% | 24.9% | ||
| Q4 24 | 32.5% | — | ||
| Q3 24 | 38.8% | 35.8% | ||
| Q2 24 | 40.8% | — | ||
| Q1 24 | 42.2% | — |
营业利润率COCOIPST
| Q4 25 | 8.0% | -2622.6% | ||
| Q3 25 | 15.3% | -38.4% | ||
| Q2 25 | 14.9% | -503.0% | ||
| Q1 25 | 14.7% | -224.5% | ||
| Q4 24 | 3.4% | — | ||
| Q3 24 | 15.5% | -118.1% | ||
| Q2 24 | 20.8% | — | ||
| Q1 24 | 17.0% | — |
净利率COCOIPST
| Q4 25 | 4.3% | -6862.0% | ||
| Q3 25 | 13.2% | 6566.2% | ||
| Q2 25 | 13.6% | -551.9% | ||
| Q1 25 | 14.4% | -277.8% | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 14.5% | -194.9% | ||
| Q2 24 | 13.2% | — | ||
| Q1 24 | 12.7% | — |
每股收益（稀释后）COCOIPST
| Q4 25 | $0.10 | $-31.89 | ||
| Q3 25 | $0.40 | $16.97 | ||
| Q2 25 | $0.38 | $-0.77 | ||
| Q1 25 | $0.31 | $-0.34 | ||
| Q4 24 | $0.06 | — | ||
| Q3 24 | $0.32 | $-160.41 | ||
| Q2 24 | $0.32 | — | ||
| Q1 24 | $0.24 | — |
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 | $196.9M | — |
| 总债务越低越好 | — | $2.6M |
| 股东权益账面价值 | $331.5M | $98.2M |
| 总资产 | $461.2M | $108.8M |
| 负债/权益比越低杠杆越低 | — | 0.03× |
8季度趋势，按日历期对齐
现金及短期投资COCOIPST
| Q4 25 | $196.9M | — | ||
| Q3 25 | $203.7M | — | ||
| Q2 25 | $167.0M | — | ||
| Q1 25 | $153.6M | — | ||
| Q4 24 | $164.7M | — | ||
| Q3 24 | $156.7M | — | ||
| Q2 24 | $150.1M | — | ||
| Q1 24 | $123.0M | — |
总债务COCOIPST
| Q4 25 | — | $2.6M | ||
| Q3 25 | — | $2.6M | ||
| Q2 25 | — | $13.0M | ||
| Q1 25 | — | $13.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $15.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益COCOIPST
| Q4 25 | $331.5M | $98.2M | ||
| Q3 25 | $323.7M | $420.4M | ||
| Q2 25 | $296.9M | $-2.9M | ||
| Q1 25 | $277.9M | $-329.0K | ||
| Q4 24 | $258.8M | — | ||
| Q3 24 | $252.1M | $-34.0M | ||
| Q2 24 | $232.0M | — | ||
| Q1 24 | $209.7M | — |
总资产COCOIPST
| Q4 25 | $461.2M | $108.8M | ||
| Q3 25 | $461.3M | $482.8M | ||
| Q2 25 | $421.1M | $26.5M | ||
| Q1 25 | $384.0M | $27.1M | ||
| Q4 24 | $362.4M | — | ||
| Q3 24 | $353.1M | $31.1M | ||
| Q2 24 | $323.0M | — | ||
| Q1 24 | $289.0M | — |
负债/权益比COCOIPST
| Q4 25 | — | 0.03× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $-3.9M | $-7.5M |
| 自由现金流经营现金流 - 资本支出 | $-7.1M | — |
| 自由现金流率自由现金流/营收 | -5.6% | — |
| 资本支出强度资本支出/营收 | 2.5% | 0.0% |
| 现金转化率经营现金流/净利润 | -0.70× | — |
| 过去12个月自由现金流最近4个季度 | $39.0M | — |
8季度趋势，按日历期对齐
经营现金流COCOIPST
| Q4 25 | $-3.9M | $-7.5M | ||
| Q3 25 | $39.1M | $-4.3M | ||
| Q2 25 | $21.8M | $-1.5M | ||
| Q1 25 | $-9.8M | $-2.0M | ||
| Q4 24 | $6.9M | — | ||
| Q3 24 | $9.3M | — | ||
| Q2 24 | $26.9M | — | ||
| Q1 24 | $-267.0K | — |
自由现金流COCOIPST
| Q4 25 | $-7.1M | — | ||
| Q3 25 | $35.6M | $-4.3M | ||
| Q2 25 | $20.9M | $-1.5M | ||
| Q1 25 | $-10.4M | $-2.0M | ||
| Q4 24 | $6.8M | — | ||
| Q3 24 | $8.9M | — | ||
| Q2 24 | $26.6M | — | ||
| Q1 24 | $-391.0K | — |
自由现金流率COCOIPST
| Q4 25 | -5.6% | — | ||
| Q3 25 | 19.6% | -144.7% | ||
| Q2 25 | 12.4% | -115.3% | ||
| Q1 25 | -7.9% | -187.6% | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 6.7% | — | ||
| Q2 24 | 18.5% | — | ||
| Q1 24 | -0.4% | — |
资本支出强度COCOIPST
| Q4 25 | 2.5% | 0.0% | ||
| Q3 25 | 1.9% | 1.5% | ||
| Q2 25 | 0.6% | 0.9% | ||
| Q1 25 | 0.4% | 1.6% | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.1% | — |
现金转化率COCOIPST
| Q4 25 | -0.70× | — | ||
| Q3 25 | 1.63× | -0.02× | ||
| Q2 25 | 0.95× | — | ||
| Q1 25 | -0.52× | — | ||
| Q4 24 | 2.05× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 1.41× | — | ||
| Q1 24 | -0.02× | — |
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
COCO
| Vita Coco Coconut Water | $85.3M | 67% |
| Other | $25.3M | 20% |
| Private Label | $12.5M | 10% |
IPST
| Direct To Consumer | $3.0M | 63% |
| Wholesale | $1.2M | 26% |
| Other | $517.7K | 11% |
