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CENTERSPACE（CSR）与Via Renewables, Inc.（VIASP）财务数据对比。点击上方公司名可切换其他公司
Via Renewables, Inc.的季度营收约是CENTERSPACE的1.9倍（$127.8M vs $66.6M），Via Renewables, Inc.净利率更高（5.4% vs -27.7%，领先33.0%），Via Renewables, Inc.同比增速更快（22.5% vs 0.3%），CENTERSPACE自由现金流更多（$64.3M vs $-4.8M），过去两年Via Renewables, Inc.的营收复合增速更高（5.9% vs 1.6%）
Centerspace是一家专注于多户住宅物业持有、运营与开发的房地产投资企业，核心业务覆盖美国中西部及落基山西部区域，面向不同租户群体提供经济型及高端住宅选择，重视租户体验与资产长期价值增长。
EDF电力解决方案是法国电力集团旗下全资子公司，专注可再生能源发电业务。作为一体化运营商，该集团开展可再生能源项目开发与融资，推进设施建设，同时为自有及第三方的可再生能源项目提供运营与维护服务。
CSR vs VIASP — 直观对比
营收规模更大
VIASP
是对方的1.9倍
$66.6M
营收增速更快
VIASP
高出22.2%
0.3%
净利率更高
VIASP
高出33.0%
-27.7%
自由现金流更多
CSR
多$69.1M
$-4.8M
两年增速更快
VIASP
近两年复合增速
1.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $66.6M | $127.8M |
| 净利润 | $-18.4M | $6.9M |
| 毛利率 | 96.5% | 34.4% |
| 营业利润率 | -15.9% | 15.2% |
| 净利率 | -27.7% | 5.4% |
| 营收同比 | 0.3% | 22.5% |
| 净利润同比 | -262.9% | -30.9% |
| 每股收益（稀释后） | $-1.08 | $1.19 |
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CSRVIASP
| Q4 25 | $66.6M | $127.8M | ||
| Q3 25 | $71.4M | $103.3M | ||
| Q2 25 | $68.5M | $90.0M | ||
| Q1 25 | $67.1M | $142.3M | ||
| Q4 24 | $66.4M | $104.3M | ||
| Q3 24 | $65.0M | $93.8M | ||
| Q2 24 | $65.0M | $86.7M | ||
| Q1 24 | $64.5M | $114.1M |
净利润CSRVIASP
| Q4 25 | $-18.4M | $6.9M | ||
| Q3 25 | $53.8M | $757.0K | ||
| Q2 25 | $-14.5M | $2.7M | ||
| Q1 25 | $-3.7M | $8.8M | ||
| Q4 24 | $-5.1M | $9.9M | ||
| Q3 24 | $-1.0M | $2.1M | ||
| Q2 24 | $-1.3M | $7.6M | ||
| Q1 24 | $-3.9M | $8.6M |
毛利率CSRVIASP
| Q4 25 | 96.5% | 34.4% | ||
| Q3 25 | 96.5% | 23.1% | ||
| Q2 25 | 96.5% | 30.0% | ||
| Q1 25 | 96.4% | 32.9% | ||
| Q4 24 | 96.5% | 51.9% | ||
| Q3 24 | 96.6% | 26.8% | ||
| Q2 24 | 96.6% | 50.4% | ||
| Q1 24 | 96.4% | 39.5% |
营业利润率CSRVIASP
| Q4 25 | -15.9% | 15.2% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | -9.9% | 6.7% | ||
| Q1 25 | 7.1% | 17.5% | ||
| Q4 24 | 4.3% | 31.5% | ||
| Q3 24 | 9.8% | 5.3% | ||
| Q2 24 | 11.1% | 23.8% | ||
| Q1 24 | 6.3% | 22.6% |
净利率CSRVIASP
| Q4 25 | -27.7% | 5.4% | ||
| Q3 25 | 75.3% | 0.7% | ||
| Q2 25 | -21.2% | 3.0% | ||
| Q1 25 | -5.6% | 6.2% | ||
| Q4 24 | -7.6% | 9.5% | ||
| Q3 24 | -1.6% | 2.3% | ||
| Q2 24 | -2.0% | 8.8% | ||
| Q1 24 | -6.1% | 7.5% |
每股收益（稀释后）CSRVIASP
| Q4 25 | $-1.08 | $1.19 | ||
| Q3 25 | $3.19 | $-0.41 | ||
| Q2 25 | $-0.87 | $0.09 | ||
| Q1 25 | $-0.22 | $1.83 | ||
| Q4 24 | $-0.31 | $2.33 | ||
| Q3 24 | $-0.40 | $-0.17 | ||
| Q2 24 | $-0.19 | $1.51 | ||
| Q1 24 | $-0.37 | $1.81 |
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 | $12.8M | $41.8M |
| 总债务越低越好 | $1.0B | $120.0M |
| 股东权益账面价值 | $719.2M | $67.7M |
| 总资产 | $1.9B | $331.3M |
| 负债/权益比越低杠杆越低 | 1.42× | 1.77× |
8季度趋势，按日历期对齐
现金及短期投资CSRVIASP
| Q4 25 | $12.8M | $41.8M | ||
| Q3 25 | $12.9M | $53.6M | ||
| Q2 25 | $12.4M | $62.1M | ||
| Q1 25 | $11.9M | $64.7M | ||
| Q4 24 | $12.0M | $53.1M | ||
| Q3 24 | $14.5M | $66.6M | ||
| Q2 24 | $14.3M | $53.6M | ||
| Q1 24 | $12.7M | $50.4M |
总债务CSRVIASP
| Q4 25 | $1.0B | $120.0M | ||
| Q3 25 | $1.1B | $105.0M | ||
| Q2 25 | $1.1B | $100.0M | ||
| Q1 25 | $955.5M | $101.0M | ||
| Q4 24 | $955.4M | $106.0M | ||
| Q3 24 | $921.3M | $89.0M | ||
| Q2 24 | $931.7M | $93.0M | ||
| Q1 24 | $929.1M | $91.0M |
股东权益CSRVIASP
| Q4 25 | $719.2M | $67.7M | ||
| Q3 25 | $748.6M | $63.7M | ||
| Q2 25 | $710.1M | $68.2M | ||
| Q1 25 | $636.8M | $72.7M | ||
| Q4 24 | $752.0M | $66.7M | ||
| Q3 24 | $672.5M | $58.2M | ||
| Q2 24 | $680.7M | $58.3M | ||
| Q1 24 | $688.1M | $53.2M |
总资产CSRVIASP
| Q4 25 | $1.9B | $331.3M | ||
| Q3 25 | $2.1B | $304.8M | ||
| Q2 25 | $2.0B | $316.3M | ||
| Q1 25 | $1.9B | $347.4M | ||
| Q4 24 | $1.9B | $344.9M | ||
| Q3 24 | $1.9B | $298.4M | ||
| Q2 24 | $1.9B | $299.7M | ||
| Q1 24 | $1.9B | $302.7M |
负债/权益比CSRVIASP
| Q4 25 | 1.42× | 1.77× | ||
| Q3 25 | 1.53× | 1.65× | ||
| Q2 25 | 1.57× | 1.47× | ||
| Q1 25 | 1.50× | 1.39× | ||
| Q4 24 | 1.27× | 1.59× | ||
| Q3 24 | 1.37× | 1.53× | ||
| Q2 24 | 1.37× | 1.60× | ||
| Q1 24 | 1.35× | 1.71× |
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 | $98.5M | $-4.2M |
| 自由现金流经营现金流 - 资本支出 | $64.3M | $-4.8M |
| 自由现金流率自由现金流/营收 | 96.5% | -3.7% |
| 资本支出强度资本支出/营收 | 51.3% | 0.4% |
| 现金转化率经营现金流/净利润 | — | -0.61× |
| 过去12个月自由现金流最近4个季度 | $125.9M | $39.1M |
8季度趋势，按日历期对齐
经营现金流CSRVIASP
| Q4 25 | $98.5M | $-4.2M | ||
| Q3 25 | $35.1M | $2.4M | ||
| Q2 25 | $25.3M | $19.0M | ||
| Q1 25 | $25.4M | $24.9M | ||
| Q4 24 | $98.2M | $2.0M | ||
| Q3 24 | $32.3M | $20.1M | ||
| Q2 24 | $22.9M | $11.2M | ||
| Q1 24 | $24.4M | $17.1M |
自由现金流CSRVIASP
| Q4 25 | $64.3M | $-4.8M | ||
| Q3 25 | $25.7M | $1.9M | ||
| Q2 25 | $15.5M | $18.4M | ||
| Q1 25 | $20.4M | $23.5M | ||
| Q4 24 | $41.6M | $1.6M | ||
| Q3 24 | $20.5M | $19.7M | ||
| Q2 24 | $9.1M | $10.9M | ||
| Q1 24 | $2.6M | $16.6M |
自由现金流率CSRVIASP
| Q4 25 | 96.5% | -3.7% | ||
| Q3 25 | 36.0% | 1.9% | ||
| Q2 25 | 22.7% | 20.5% | ||
| Q1 25 | 30.4% | 16.5% | ||
| Q4 24 | 62.6% | 1.5% | ||
| Q3 24 | 31.5% | 21.0% | ||
| Q2 24 | 14.0% | 12.6% | ||
| Q1 24 | 4.0% | 14.6% |
资本支出强度CSRVIASP
| Q4 25 | 51.3% | 0.4% | ||
| Q3 25 | 13.1% | 0.4% | ||
| Q2 25 | 14.2% | 0.6% | ||
| Q1 25 | 7.5% | 1.0% | ||
| Q4 24 | 85.3% | 0.4% | ||
| Q3 24 | 18.2% | 0.4% | ||
| Q2 24 | 21.2% | 0.3% | ||
| Q1 24 | 33.8% | 0.4% |
现金转化率CSRVIASP
| Q4 25 | — | -0.61× | ||
| Q3 25 | 0.65× | 3.12× | ||
| Q2 25 | — | 6.94× | ||
| Q1 25 | — | 2.84× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 9.41× | ||
| Q2 24 | — | 1.47× | ||
| Q1 24 | — | 2.00× |
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
CSR
| Multi Family Residential | $57.3M | 86% |
| Other | $8.1M | 12% |
| Other Property Revenue | $1.2M | 2% |
VIASP
| Retail Electricity | $79.7M | 62% |
| Retail Natural Gas | $48.9M | 38% |
