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阿特斯（CSIQ）与LPL Financial Holdings Inc.（LPLA）财务数据对比。点击上方公司名可切换其他公司
LPL Financial Holdings Inc.的季度营收约是阿特斯的1.1倍（$4.9B vs $4.5B），LPL Financial Holdings Inc.净利率更高（6.1% vs 1.3%，领先4.8%）
阿特斯是全球领先的可再生能源企业，总部位于加拿大安大略省基奇纳。核心业务涵盖光伏组件制造、电池储能解决方案供应，以及大型公用事业级太阳能电站与储能项目的开发，业务布局覆盖全球主要能源市场。
LPL Financial Holdings Inc.成立于1989年，是美国规模最大的独立经纪自营商。截至2021年，公司拥有超17500名财务顾问，咨询及经纪类资产规模超1万亿美元，2023财年总营收约103亿美元，在波士顿、福特米尔、奥斯汀、圣迭戈设有核心办事处，是FINRA和SIPC成员。
CSIQ vs LPLA — 直观对比
营收规模更大
LPLA
是对方的1.1倍
$4.5B
净利率更高
LPLA
高出4.8%
1.3%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $4.9B |
| 净利润 | $57.6M | $300.7M |
| 毛利率 | 17.5% | — |
| 营业利润率 | 2.2% | 8.1% |
| 净利率 | 1.3% | 6.1% |
| 营收同比 | — | 40.4% |
| 净利润同比 | — | 11.1% |
| 每股收益（稀释后） | — | $3.65 |
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CSIQLPLA
| Q4 25 | — | $4.9B | ||
| Q3 25 | $4.5B | $4.6B | ||
| Q2 25 | $3.0B | $3.8B | ||
| Q1 25 | $1.3B | $3.7B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | $5.9B | $3.1B | ||
| Q2 24 | $4.1B | $2.9B | ||
| Q1 24 | — | $2.8B |
净利润CSIQLPLA
| Q4 25 | — | $300.7M | ||
| Q3 25 | $57.6M | $-29.5M | ||
| Q2 25 | $63.6M | $273.2M | ||
| Q1 25 | $36.2M | $318.6M | ||
| Q4 24 | — | $270.7M | ||
| Q3 24 | $366.8M | $255.3M | ||
| Q2 24 | $304.4M | $243.8M | ||
| Q1 24 | — | $288.8M |
毛利率CSIQLPLA
| Q4 25 | — | — | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 18.0% | — | ||
| Q1 25 | 19.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 18.7% | — | ||
| Q1 24 | — | — |
营业利润率CSIQLPLA
| Q4 25 | — | 8.1% | ||
| Q3 25 | 2.2% | -0.7% | ||
| Q2 25 | 3.3% | 9.6% | ||
| Q1 25 | 3.7% | 11.4% | ||
| Q4 24 | — | 9.7% | ||
| Q3 24 | 7.7% | 11.2% | ||
| Q2 24 | 9.1% | 11.3% | ||
| Q1 24 | — | 13.2% |
净利率CSIQLPLA
| Q4 25 | — | 6.1% | ||
| Q3 25 | 1.3% | -0.6% | ||
| Q2 25 | 2.1% | 7.1% | ||
| Q1 25 | 2.7% | 8.7% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | 6.2% | 8.2% | ||
| Q2 24 | 7.5% | 8.3% | ||
| Q1 24 | — | 10.2% |
每股收益（稀释后）CSIQLPLA
| Q4 25 | — | $3.65 | ||
| Q3 25 | — | $-0.37 | ||
| Q2 25 | — | $3.40 | ||
| Q1 25 | — | $4.24 | ||
| Q4 24 | — | $3.58 | ||
| Q3 24 | — | $3.39 | ||
| Q2 24 | — | $3.23 | ||
| Q1 24 | — | $3.83 |
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 | $1.7B | $1.1B |
| 总债务越低越好 | — | $7.3B |
| 股东权益账面价值 | $3.9B | $5.3B |
| 总资产 | $13.5B | $18.5B |
| 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CSIQLPLA
| Q4 25 | — | $1.1B | ||
| Q3 25 | $1.7B | $1.6B | ||
| Q2 25 | $1.7B | $4.3B | ||
| Q1 25 | $1.7B | $1.4B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $1.9B | $1.6B | ||
| Q2 24 | $1.9B | $1.4B | ||
| Q1 24 | — | $1.2B |
总债务CSIQLPLA
| Q4 25 | — | $7.3B | ||
| Q3 25 | — | $7.5B | ||
| Q2 25 | — | $7.2B | ||
| Q1 25 | — | $5.7B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $3.9B |
股东权益CSIQLPLA
| Q4 25 | — | $5.3B | ||
| Q3 25 | $3.9B | $5.0B | ||
| Q2 25 | $3.9B | $5.1B | ||
| Q1 25 | $3.9B | $3.1B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | $3.7B | $2.8B | ||
| Q2 24 | $3.7B | $2.5B | ||
| Q1 24 | — | $2.3B |
总资产CSIQLPLA
| Q4 25 | — | $18.5B | ||
| Q3 25 | $13.5B | $18.0B | ||
| Q2 25 | $13.5B | $17.5B | ||
| Q1 25 | $13.5B | $14.0B | ||
| Q4 24 | — | $13.3B | ||
| Q3 24 | $11.9B | $11.9B | ||
| Q2 24 | $11.9B | $11.5B | ||
| Q1 24 | — | $11.0B |
负债/权益比CSIQLPLA
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.82× | ||
| Q4 24 | — | 1.87× | ||
| Q3 24 | — | 1.60× | ||
| Q2 24 | — | 1.77× | ||
| Q1 24 | — | 1.70× |
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 | $-187.7M | $785.0M |
| 自由现金流经营现金流 - 资本支出 | — | $613.3M |
| 自由现金流率自由现金流/营收 | — | 12.4% |
| 资本支出强度资本支出/营收 | — | 3.5% |
| 现金转化率经营现金流/净利润 | -3.26× | 2.61× |
| 过去12个月自由现金流最近4个季度 | — | $-981.8M |
8季度趋势，按日历期对齐
经营现金流CSIQLPLA
| Q4 25 | — | $785.0M | ||
| Q3 25 | $-187.7M | $-1.7B | ||
| Q2 25 | — | $193.3M | ||
| Q1 25 | — | $339.8M | ||
| Q4 24 | — | $-178.8M | ||
| Q3 24 | — | $209.3M | ||
| Q2 24 | — | $-178.9M | ||
| Q1 24 | — | $425.9M |
自由现金流CSIQLPLA
| Q4 25 | — | $613.3M | ||
| Q3 25 | — | $-1.9B | ||
| Q2 25 | — | $56.3M | ||
| Q1 25 | — | $220.3M | ||
| Q4 24 | — | $-344.3M | ||
| Q3 24 | — | $62.3M | ||
| Q2 24 | — | $-307.8M | ||
| Q1 24 | — | $304.9M |
自由现金流率CSIQLPLA
| Q4 25 | — | 12.4% | ||
| Q3 25 | — | -41.1% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | — | -9.8% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | -10.5% | ||
| Q1 24 | — | 10.8% |
资本支出强度CSIQLPLA
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | — | 4.4% | ||
| Q1 24 | — | 4.3% |
现金转化率CSIQLPLA
| Q4 25 | — | 2.61× | ||
| Q3 25 | -3.26× | — | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 1.07× | ||
| Q4 24 | — | -0.66× | ||
| Q3 24 | — | 0.82× | ||
| Q2 24 | — | -0.73× | ||
| Q1 24 | — | 1.47× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
