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阿特斯（CSIQ）与Southern Company（SO）财务数据对比。点击上方公司名可切换其他公司
Southern Company的季度营收约是阿特斯的1.9倍（$8.4B vs $4.5B），Southern Company净利率更高（15.9% vs 1.3%，领先14.6%）
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。
Southern Company是美国燃气电力公用事业控股企业，总部位于佐治亚州亚特兰大，在阿拉巴马州伯明翰设有行政办公室。截至2021年按用户规模计为美国第二大公用事业公司，旗下子公司覆盖6个州，为900万燃气及电力用户提供服务，供电区域达12万平方英里。
CSIQ vs SO — 直观对比
营收规模更大
SO
是对方的1.9倍
$4.5B
净利率更高
SO
高出14.6%
1.3%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $8.4B |
| 净利润 | $57.6M | $1.3B |
| 毛利率 | 17.5% | — |
| 营业利润率 | 2.2% | 24.0% |
| 净利率 | 1.3% | 15.9% |
| 营收同比 | — | 8.0% |
| 净利润同比 | — | 5.4% |
| 每股收益（稀释后） | — | — |
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CSIQSO
| Q1 26 | — | $8.4B | ||
| Q4 25 | — | $7.0B | ||
| Q3 25 | $4.5B | $7.8B | ||
| Q2 25 | $3.0B | $7.0B | ||
| Q1 25 | $1.3B | $7.8B | ||
| Q4 24 | — | $6.3B | ||
| Q3 24 | $5.9B | $7.3B | ||
| Q2 24 | $4.1B | $6.5B |
净利润CSIQSO
| Q1 26 | — | $1.3B | ||
| Q4 25 | — | $341.0M | ||
| Q3 25 | $57.6M | $1.7B | ||
| Q2 25 | $63.6M | $880.0M | ||
| Q1 25 | $36.2M | $1.3B | ||
| Q4 24 | — | $466.0M | ||
| Q3 24 | $366.8M | $1.5B | ||
| Q2 24 | $304.4M | $1.2B |
毛利率CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 18.0% | — | ||
| Q1 25 | 19.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 18.7% | — |
营业利润率CSIQSO
| Q1 26 | — | 24.0% | ||
| Q4 25 | — | 13.1% | ||
| Q3 25 | 2.2% | 33.2% | ||
| Q2 25 | 3.3% | 25.3% | ||
| Q1 25 | 3.7% | 25.9% | ||
| Q4 24 | — | 16.7% | ||
| Q3 24 | 7.7% | 32.6% | ||
| Q2 24 | 9.1% | 30.0% |
净利率CSIQSO
| Q1 26 | — | 15.9% | ||
| Q4 25 | — | 4.9% | ||
| Q3 25 | 1.3% | 21.9% | ||
| Q2 25 | 2.1% | 12.6% | ||
| Q1 25 | 2.7% | 16.3% | ||
| Q4 24 | — | 7.3% | ||
| Q3 24 | 6.2% | 21.1% | ||
| Q2 24 | 7.5% | 18.6% |
每股收益（稀释后）CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | $0.38 | ||
| Q3 25 | — | $1.54 | ||
| Q2 25 | — | $0.79 | ||
| Q1 25 | — | $1.21 | ||
| Q4 24 | — | $0.48 | ||
| Q3 24 | — | $1.39 | ||
| Q2 24 | — | $1.09 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.9B | — |
| 总资产 | $13.5B | — |
| 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CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | $1.7B | $3.3B | ||
| Q2 25 | $1.7B | $1.3B | ||
| Q1 25 | $1.7B | $2.3B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $1.9B | $1.0B | ||
| Q2 24 | $1.9B | $1.2B |
总债务CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | $65.6B | ||
| Q3 25 | — | $64.6B | ||
| Q2 25 | — | $63.0B | ||
| Q1 25 | — | $62.9B | ||
| Q4 24 | — | $58.8B | ||
| Q3 24 | — | $61.3B | ||
| Q2 24 | — | $59.9B |
股东权益CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | $36.0B | ||
| Q3 25 | $3.9B | $38.3B | ||
| Q2 25 | $3.9B | $37.3B | ||
| Q1 25 | $3.9B | $37.2B | ||
| Q4 24 | — | $33.2B | ||
| Q3 24 | $3.7B | $36.9B | ||
| Q2 24 | $3.7B | $36.1B |
总资产CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | $155.7B | ||
| Q3 25 | $13.5B | $153.2B | ||
| Q2 25 | $13.5B | $148.9B | ||
| Q1 25 | $13.5B | $148.1B | ||
| Q4 24 | — | $145.2B | ||
| Q3 24 | $11.9B | $144.0B | ||
| Q2 24 | $11.9B | $141.9B |
负债/权益比CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | 1.82× | ||
| Q3 25 | — | 1.69× | ||
| Q2 25 | — | 1.69× | ||
| Q1 25 | — | 1.69× | ||
| Q4 24 | — | 1.77× | ||
| Q3 24 | — | 1.66× | ||
| Q2 24 | — | 1.66× |
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 | — |
| 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 | -3.26× | — |
| 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CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | $2.6B | ||
| Q3 25 | $-187.7M | $3.8B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $2.7B |
自由现金流CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | $-1.7B | ||
| Q3 25 | — | $559.0M | ||
| Q2 25 | — | $-619.0M | ||
| Q1 25 | — | $-1.2B | ||
| Q4 24 | — | $-576.0M | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $563.0M |
自由现金流率CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | -24.2% | ||
| Q3 25 | — | 7.1% | ||
| Q2 25 | — | -8.9% | ||
| Q1 25 | — | -15.3% | ||
| Q4 24 | — | -9.1% | ||
| Q3 24 | — | 17.9% | ||
| Q2 24 | — | 8.7% |
资本支出强度CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | 61.4% | ||
| Q3 25 | — | 41.1% | ||
| Q2 25 | — | 40.2% | ||
| Q1 25 | — | 31.3% | ||
| Q4 24 | — | 43.4% | ||
| Q3 24 | — | 31.8% | ||
| Q2 24 | — | 32.9% |
现金转化率CSIQSO
| Q1 26 | — | — | ||
| Q4 25 | — | 7.62× | ||
| Q3 25 | -3.26× | 2.21× | ||
| Q2 25 | — | 2.48× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 4.66× | ||
| Q3 24 | — | 2.36× | ||
| Q2 24 | — | 2.23× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
