vs
阿特斯（CSIQ）与标普全球（SPGI）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标普全球的1.1倍（$4.5B vs $4.2B），标普全球净利率更高（36.1% vs 1.3%，领先34.8%）
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。
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息、数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球市场财智、标普全球能源、标普全球移动、印度信用评级机构CRISIL等业务板块，同时控股合资企业标普道琼斯指数。
CSIQ vs SPGI — 直观对比
营收规模更大
CSIQ
是对方的1.1倍
$4.2B
净利率更高
SPGI
高出34.8%
1.3%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $4.2B |
| 净利润 | $57.6M | $1.5B |
| 毛利率 | 17.5% | — |
| 营业利润率 | 2.2% | 48.0% |
| 净利率 | 1.3% | 36.1% |
| 营收同比 | — | 10.0% |
| 净利润同比 | — | 28.0% |
| 每股收益（稀释后） | — | $4.69 |
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CSIQSPGI
| Q1 26 | — | $4.2B | ||
| Q4 25 | — | $3.9B | ||
| Q3 25 | $4.5B | $3.9B | ||
| Q2 25 | $3.0B | $3.8B | ||
| Q1 25 | $1.3B | $3.8B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | $5.9B | $3.6B | ||
| Q2 24 | $4.1B | $3.5B |
净利润CSIQSPGI
| Q1 26 | — | $1.5B | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | $57.6M | $1.2B | ||
| Q2 25 | $63.6M | $1.1B | ||
| Q1 25 | $36.2M | $1.1B | ||
| Q4 24 | — | $879.0M | ||
| Q3 24 | $366.8M | $971.0M | ||
| Q2 24 | $304.4M | $1.0B |
毛利率CSIQSPGI
| Q1 26 | — | — | ||
| Q4 25 | — | 70.1% | ||
| Q3 25 | 17.5% | 71.2% | ||
| Q2 25 | 18.0% | 70.2% | ||
| Q1 25 | 19.0% | 69.5% | ||
| Q4 24 | — | 69.8% | ||
| Q3 24 | 18.0% | 70.0% | ||
| Q2 24 | 18.7% | 69.4% |
营业利润率CSIQSPGI
| Q1 26 | — | 48.0% | ||
| Q4 25 | — | 42.7% | ||
| Q3 25 | 2.2% | 43.1% | ||
| Q2 25 | 3.3% | 41.3% | ||
| Q1 25 | 3.7% | 41.8% | ||
| Q4 24 | — | 36.4% | ||
| Q3 24 | 7.7% | 40.1% | ||
| Q2 24 | 9.1% | 40.9% |
净利率CSIQSPGI
| Q1 26 | — | 36.1% | ||
| Q4 25 | — | 28.9% | ||
| Q3 25 | 1.3% | 30.2% | ||
| Q2 25 | 2.1% | 28.5% | ||
| Q1 25 | 2.7% | 28.9% | ||
| Q4 24 | — | 24.5% | ||
| Q3 24 | 6.2% | 27.2% | ||
| Q2 24 | 7.5% | 28.5% |
每股收益（稀释后）CSIQSPGI
| Q1 26 | — | $4.69 | ||
| Q4 25 | — | $3.76 | ||
| Q3 25 | — | $3.86 | ||
| Q2 25 | — | $3.50 | ||
| Q1 25 | — | $3.54 | ||
| Q4 24 | — | $2.85 | ||
| Q3 24 | — | $3.11 | ||
| Q2 24 | — | $3.23 |
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 | — | $13.3B |
| 股东权益账面价值 | $3.9B | $31.3B |
| 总资产 | $13.5B | $60.8B |
| 负债/权益比越低杠杆越低 | — | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资CSIQSPGI
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | $1.7B | $1.7B | ||
| Q2 25 | $1.7B | $1.8B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $1.9B | $1.7B | ||
| Q2 24 | $1.9B | $2.0B |
总债务CSIQSPGI
| Q1 26 | — | $13.3B | ||
| Q4 25 | — | $13.1B | ||
| Q3 25 | — | $11.4B | ||
| Q2 25 | — | $11.4B | ||
| Q1 25 | — | $11.4B | ||
| Q4 24 | — | $11.4B | ||
| Q3 24 | — | $11.4B | ||
| Q2 24 | — | $11.4B |
股东权益CSIQSPGI
| Q1 26 | — | $31.3B | ||
| Q4 25 | — | $31.1B | ||
| Q3 25 | $3.9B | $33.1B | ||
| Q2 25 | $3.9B | $33.4B | ||
| Q1 25 | $3.9B | $33.4B | ||
| Q4 24 | — | $33.2B | ||
| Q3 24 | $3.7B | $34.0B | ||
| Q2 24 | $3.7B | $34.9B |
总资产CSIQSPGI
| Q1 26 | — | $60.8B | ||
| Q4 25 | — | $61.2B | ||
| Q3 25 | $13.5B | $59.7B | ||
| Q2 25 | $13.5B | $60.4B | ||
| Q1 25 | $13.5B | $59.9B | ||
| Q4 24 | — | $60.2B | ||
| Q3 24 | $11.9B | $60.4B | ||
| Q2 24 | $11.9B | $61.0B |
负债/权益比CSIQSPGI
| Q1 26 | — | 0.43× | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.34× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.34× | ||
| Q2 24 | — | 0.33× |
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 | — | $919.0M |
| 自由现金流率自由现金流/营收 | — | 22.0% |
| 资本支出强度资本支出/营收 | — | 0.6% |
| 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 | — | $5.5B |
8季度趋势，按日历期对齐
经营现金流CSIQSPGI
| Q1 26 | — | — | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | $-187.7M | $1.5B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $953.0M | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.6B |
自由现金流CSIQSPGI
| Q1 26 | — | $919.0M | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $910.0M | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.5B |
自由现金流率CSIQSPGI
| Q1 26 | — | 22.0% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 37.6% | ||
| Q2 25 | — | 36.9% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 47.5% | ||
| Q3 24 | — | 39.4% | ||
| Q2 24 | — | 42.9% |
资本支出强度CSIQSPGI
| Q1 26 | — | 0.6% | ||
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | — | 0.9% |
现金转化率CSIQSPGI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.54× | ||
| Q3 25 | -3.26× | 1.28× | ||
| Q2 25 | — | 1.35× | ||
| Q1 25 | — | 0.87× | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | — | 1.49× | ||
| Q2 24 | — | 1.54× |
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
SPGI
| Ratings | $1.3B | 31% |
| Market Intelligence | $1.3B | 31% |
| Energy | $652.0M | 16% |
| Indices | $519.0M | 12% |
| Mobility | $454.0M | 11% |
