vs
阿特斯（CSIQ）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
阿特斯的季度营收约是皇家加勒比集团的1.1倍（$4.5B vs $4.3B），皇家加勒比集团净利率更高（17.7% vs 1.3%，领先16.4%）
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。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
CSIQ vs RCL — 直观对比
营收规模更大
CSIQ
是对方的1.1倍
$4.3B
净利率更高
RCL
高出16.4%
1.3%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $4.3B |
| 净利润 | $57.6M | $753.0M |
| 毛利率 | 17.5% | 47.4% |
| 营业利润率 | 2.2% | 21.9% |
| 净利率 | 1.3% | 17.7% |
| 营收同比 | — | 13.3% |
| 净利润同比 | — | 36.4% |
| 每股收益（稀释后） | — | $2.76 |
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CSIQRCL
| Q4 25 | — | $4.3B | ||
| Q3 25 | $4.5B | $5.1B | ||
| Q2 25 | $3.0B | $4.5B | ||
| Q1 25 | $1.3B | $4.0B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | $5.9B | $4.9B | ||
| Q2 24 | $4.1B | $4.1B | ||
| Q1 24 | — | $3.7B |
净利润CSIQRCL
| Q4 25 | — | $753.0M | ||
| Q3 25 | $57.6M | $1.6B | ||
| Q2 25 | $63.6M | $1.2B | ||
| Q1 25 | $36.2M | $730.0M | ||
| Q4 24 | — | $552.0M | ||
| Q3 24 | $366.8M | $1.1B | ||
| Q2 24 | $304.4M | $854.0M | ||
| Q1 24 | — | $360.0M |
毛利率CSIQRCL
| Q4 25 | — | 47.4% | ||
| Q3 25 | 17.5% | 51.8% | ||
| Q2 25 | 18.0% | 49.7% | ||
| Q1 25 | 19.0% | 48.0% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | 18.0% | 51.1% | ||
| Q2 24 | 18.7% | 47.6% | ||
| Q1 24 | — | 44.8% |
营业利润率CSIQRCL
| Q4 25 | — | 21.9% | ||
| Q3 25 | 2.2% | 33.1% | ||
| Q2 25 | 3.3% | 29.3% | ||
| Q1 25 | 3.7% | 23.6% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | 7.7% | 33.4% | ||
| Q2 24 | 9.1% | 26.7% | ||
| Q1 24 | — | 20.1% |
净利率CSIQRCL
| Q4 25 | — | 17.7% | ||
| Q3 25 | 1.3% | 30.6% | ||
| Q2 25 | 2.1% | 26.7% | ||
| Q1 25 | 2.7% | 18.3% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | 6.2% | 22.7% | ||
| Q2 24 | 7.5% | 20.8% | ||
| Q1 24 | — | 9.7% |
每股收益（稀释后）CSIQRCL
| Q4 25 | — | $2.76 | ||
| Q3 25 | — | $5.74 | ||
| Q2 25 | — | $4.41 | ||
| Q1 25 | — | $2.70 | ||
| Q4 24 | — | $2.27 | ||
| Q3 24 | — | $4.21 | ||
| Q2 24 | — | $3.11 | ||
| Q1 24 | — | $1.35 |
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 | $825.0M |
| 总债务越低越好 | — | $18.2B |
| 股东权益账面价值 | $3.9B | $10.0B |
| 总资产 | $13.5B | $41.6B |
| 负债/权益比越低杠杆越低 | — | 1.81× |
8季度趋势，按日历期对齐
现金及短期投资CSIQRCL
| Q4 25 | — | $825.0M | ||
| Q3 25 | $1.7B | $432.0M | ||
| Q2 25 | $1.7B | $735.0M | ||
| Q1 25 | $1.7B | $386.0M | ||
| Q4 24 | — | $388.0M | ||
| Q3 24 | $1.9B | $418.0M | ||
| Q2 24 | $1.9B | $391.0M | ||
| Q1 24 | — | $437.0M |
总债务CSIQRCL
| Q4 25 | — | $18.2B | ||
| Q3 25 | — | $17.2B | ||
| Q2 25 | — | $17.6B | ||
| Q1 25 | — | $18.0B | ||
| Q4 24 | — | $18.5B | ||
| Q3 24 | — | $19.0B | ||
| Q2 24 | — | $19.8B | ||
| Q1 24 | — | $18.9B |
股东权益CSIQRCL
| Q4 25 | — | $10.0B | ||
| Q3 25 | $3.9B | $10.1B | ||
| Q2 25 | $3.9B | $9.2B | ||
| Q1 25 | $3.9B | $8.0B | ||
| Q4 24 | — | $7.6B | ||
| Q3 24 | $3.7B | $7.0B | ||
| Q2 24 | $3.7B | $6.0B | ||
| Q1 24 | — | $5.2B |
总资产CSIQRCL
| Q4 25 | — | $41.6B | ||
| Q3 25 | $13.5B | $40.1B | ||
| Q2 25 | $13.5B | $38.5B | ||
| Q1 25 | $13.5B | $37.5B | ||
| Q4 24 | — | $37.1B | ||
| Q3 24 | $11.9B | $37.1B | ||
| Q2 24 | $11.9B | $37.0B | ||
| Q1 24 | — | $35.2B |
负债/权益比CSIQRCL
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 2.26× | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 2.69× | ||
| Q2 24 | — | 3.29× | ||
| Q1 24 | — | 3.66× |
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 | $1.6B |
| 自由现金流经营现金流 - 资本支出 | — | $116.0M |
| 自由现金流率自由现金流/营收 | — | 2.7% |
| 资本支出强度资本支出/营收 | — | 35.4% |
| 现金转化率经营现金流/净利润 | -3.26× | 2.16× |
| 过去12个月自由现金流最近4个季度 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流CSIQRCL
| Q4 25 | — | $1.6B | ||
| Q3 25 | $-187.7M | $1.5B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $897.0M | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.3B |
自由现金流CSIQRCL
| Q4 25 | — | $116.0M | ||
| Q3 25 | — | $-989.0M | ||
| Q2 25 | — | $910.0M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $915.0M | ||
| Q3 24 | — | $563.0M | ||
| Q2 24 | — | $-567.0M | ||
| Q1 24 | — | $1.1B |
自由现金流率CSIQRCL
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | -19.2% | ||
| Q2 25 | — | 20.1% | ||
| Q1 25 | — | 30.0% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | — | -13.8% | ||
| Q1 24 | — | 29.1% |
资本支出强度CSIQRCL
| Q4 25 | — | 35.4% | ||
| Q3 25 | — | 47.8% | ||
| Q2 25 | — | 18.4% | ||
| Q1 25 | — | 10.7% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 52.1% | ||
| Q1 24 | — | 6.5% |
现金转化率CSIQRCL
| Q4 25 | — | 2.16× | ||
| Q3 25 | -3.26× | 0.93× | ||
| Q2 25 | — | 1.44× | ||
| Q1 25 | — | 2.23× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | — | 0.81× | ||
| Q2 24 | — | 1.84× | ||
| Q1 24 | — | 3.69× |
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
CSIQ
暂无分部数据
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
