vs
威伯科（CVGI）与福尼克斯（PLAB）财务数据对比。点击上方公司名可切换其他公司
福尼克斯的季度营收约是威伯科的1.4倍（$210.4M vs $154.8M），威伯科同比增速更快（-5.2% vs -5.5%），福尼克斯自由现金流更多（$25.2M vs $8.7M），过去两年福尼克斯的营收复合增速更高（-3.8% vs -10.8%）
威伯科控股曾是总部位于美国的重型商用车零部件供应商，主打电子制动、稳定性控制、悬挂及传动自动化系统，产品广泛应用于卡车、巴士、挂车以及非道路作业车辆等各类商用车领域，是商用车行业重要的零部件提供商。
福尼克斯是美国半导体光掩模制造商，2009年时位居全球第三大光掩模供应商，同时也是电子束产业倡议组织的成员，专注于为半导体行业提供关键的掩模产品，支撑芯片制造环节的图形转移需求。
CVGI vs PLAB — 直观对比
营收规模更大
PLAB
是对方的1.4倍
$154.8M
营收增速更快
CVGI
高出0.3%
-5.5%
自由现金流更多
PLAB
多$16.5M
$8.7M
两年增速更快
PLAB
近两年复合增速
-10.8%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $154.8M | $210.4M |
| 净利润 | — | $22.9M |
| 毛利率 | 9.7% | 33.7% |
| 营业利润率 | -1.2% | 22.9% |
| 净利率 | — | 10.9% |
| 营收同比 | -5.2% | -5.5% |
| 净利润同比 | — | -32.4% |
| 每股收益（稀释后） | — | $0.39 |
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CVGIPLAB
| Q4 25 | $154.8M | — | ||
| Q3 25 | $152.5M | $210.4M | ||
| Q2 25 | $172.0M | $211.0M | ||
| Q1 25 | $169.8M | $212.1M | ||
| Q4 24 | $163.3M | $222.6M | ||
| Q3 24 | $171.8M | $211.0M | ||
| Q2 24 | $193.7M | $217.0M | ||
| Q1 24 | $194.6M | $216.3M |
净利润CVGIPLAB
| Q4 25 | — | — | ||
| Q3 25 | $-7.1M | $22.9M | ||
| Q2 25 | $-4.8M | $8.9M | ||
| Q1 25 | $-4.3M | $42.9M | ||
| Q4 24 | — | $33.9M | ||
| Q3 24 | $9.5M | $34.4M | ||
| Q2 24 | $-1.6M | $36.3M | ||
| Q1 24 | $2.9M | $26.2M |
毛利率CVGIPLAB
| Q4 25 | 9.7% | — | ||
| Q3 25 | 10.5% | 33.7% | ||
| Q2 25 | 11.4% | 36.9% | ||
| Q1 25 | 10.5% | 35.6% | ||
| Q4 24 | 8.0% | 37.0% | ||
| Q3 24 | 9.6% | 35.6% | ||
| Q2 24 | 10.6% | 36.5% | ||
| Q1 24 | 11.9% | 36.6% |
营业利润率CVGIPLAB
| Q4 25 | -1.2% | — | ||
| Q3 25 | -0.7% | 22.9% | ||
| Q2 25 | 0.5% | 26.4% | ||
| Q1 25 | 0.8% | 24.6% | ||
| Q4 24 | -3.2% | 25.1% | ||
| Q3 24 | -0.6% | 24.7% | ||
| Q2 24 | 0.5% | 25.8% | ||
| Q1 24 | 2.3% | 26.6% |
净利率CVGIPLAB
| Q4 25 | — | — | ||
| Q3 25 | -4.6% | 10.9% | ||
| Q2 25 | -2.8% | 4.2% | ||
| Q1 25 | -2.5% | 20.2% | ||
| Q4 24 | — | 15.2% | ||
| Q3 24 | 5.5% | 16.3% | ||
| Q2 24 | -0.8% | 16.7% | ||
| Q1 24 | 1.5% | 12.1% |
每股收益（稀释后）CVGIPLAB
| Q4 25 | — | — | ||
| Q3 25 | — | $0.39 | ||
| Q2 25 | — | $0.15 | ||
| Q1 25 | — | $0.68 | ||
| Q4 24 | — | $0.54 | ||
| Q3 24 | — | $0.55 | ||
| Q2 24 | $-0.05 | $0.58 | ||
| Q1 24 | $0.09 | $0.42 |
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 | — | $575.8M |
| 总债务越低越好 | $104.9M | $16.0K |
| 股东权益账面价值 | $133.4M | $1.1B |
| 总资产 | $391.7M | $1.8B |
| 负债/权益比越低杠杆越低 | 0.79× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CVGIPLAB
| Q4 25 | — | — | ||
| Q3 25 | — | $575.8M | ||
| Q2 25 | — | $558.4M | ||
| Q1 25 | — | $642.2M | ||
| Q4 24 | — | $640.7M | ||
| Q3 24 | — | $606.4M | ||
| Q2 24 | — | $559.9M | ||
| Q1 24 | — | $521.5M |
总债务CVGIPLAB
| Q4 25 | $104.9M | — | ||
| Q3 25 | $108.2M | $16.0K | ||
| Q2 25 | $118.2M | $19.0K | ||
| Q1 25 | $117.4M | $21.0K | ||
| Q4 24 | $135.5M | $25.0K | ||
| Q3 24 | $128.8M | $28.0K | ||
| Q2 24 | $142.0M | $2.5M | ||
| Q1 24 | $155.7M | $2.7M |
股东权益CVGIPLAB
| Q4 25 | $133.4M | — | ||
| Q3 25 | $136.5M | $1.1B | ||
| Q2 25 | $142.6M | $1.1B | ||
| Q1 25 | $136.7M | $1.1B | ||
| Q4 24 | $135.6M | $1.1B | ||
| Q3 24 | $179.3M | $1.1B | ||
| Q2 24 | $169.6M | $1.0B | ||
| Q1 24 | $175.5M | $1.0B |
总资产CVGIPLAB
| Q4 25 | $391.7M | — | ||
| Q3 25 | $400.3M | $1.8B | ||
| Q2 25 | $429.8M | $1.7B | ||
| Q1 25 | $419.8M | $1.7B | ||
| Q4 24 | $424.6M | $1.7B | ||
| Q3 24 | $495.3M | $1.6B | ||
| Q2 24 | $503.2M | $1.6B | ||
| Q1 24 | $509.2M | $1.6B |
负债/权益比CVGIPLAB
| Q4 25 | 0.79× | — | ||
| Q3 25 | 0.79× | 0.00× | ||
| Q2 25 | 0.83× | 0.00× | ||
| Q1 25 | 0.86× | 0.00× | ||
| Q4 24 | 1.00× | 0.00× | ||
| Q3 24 | 0.72× | 0.00× | ||
| Q2 24 | 0.84× | 0.00× | ||
| Q1 24 | 0.89× | 0.00× |
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 | $12.3M | $50.1M |
| 自由现金流经营现金流 - 资本支出 | $8.7M | $25.2M |
| 自由现金流率自由现金流/营收 | 5.6% | 12.0% |
| 资本支出强度资本支出/营收 | 2.3% | 11.8% |
| 现金转化率经营现金流/净利润 | — | 2.19× |
| 过去12个月自由现金流最近4个季度 | $34.0M | $64.5M |
8季度趋势，按日历期对齐
经营现金流CVGIPLAB
| Q4 25 | $12.3M | — | ||
| Q3 25 | $-1.7M | $50.1M | ||
| Q2 25 | $18.9M | $31.5M | ||
| Q1 25 | $15.2M | $78.5M | ||
| Q4 24 | $-26.6M | $68.4M | ||
| Q3 24 | $-17.1M | $75.1M | ||
| Q2 24 | $12.6M | $76.5M | ||
| Q1 24 | $-2.4M | $41.5M |
自由现金流CVGIPLAB
| Q4 25 | $8.7M | — | ||
| Q3 25 | $-3.5M | $25.2M | ||
| Q2 25 | $17.4M | $-29.1M | ||
| Q1 25 | $11.4M | $43.3M | ||
| Q4 24 | $-30.6M | $25.2M | ||
| Q3 24 | $-20.3M | $50.7M | ||
| Q2 24 | $6.4M | $56.5M | ||
| Q1 24 | $-7.4M | $-1.8M |
自由现金流率CVGIPLAB
| Q4 25 | 5.6% | — | ||
| Q3 25 | -2.3% | 12.0% | ||
| Q2 25 | 10.1% | -13.8% | ||
| Q1 25 | 6.7% | 20.4% | ||
| Q4 24 | -18.7% | 11.3% | ||
| Q3 24 | -11.8% | 24.0% | ||
| Q2 24 | 3.3% | 26.0% | ||
| Q1 24 | -3.8% | -0.8% |
资本支出强度CVGIPLAB
| Q4 25 | 2.3% | — | ||
| Q3 25 | 1.2% | 11.8% | ||
| Q2 25 | 0.9% | 28.7% | ||
| Q1 25 | 2.2% | 16.6% | ||
| Q4 24 | 2.4% | 19.4% | ||
| Q3 24 | 1.9% | 11.6% | ||
| Q2 24 | 3.2% | 9.2% | ||
| Q1 24 | 2.6% | 20.0% |
现金转化率CVGIPLAB
| Q4 25 | — | — | ||
| Q3 25 | — | 2.19× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | -1.79× | 2.18× | ||
| Q2 24 | — | 2.11× | ||
| Q1 24 | -0.80× | 1.59× |
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
CVGI
| Global Seating | $70.7M | 46% |
| Global Electrical Systems | $49.7M | 32% |
| Trim Systems And Components | $34.4M | 22% |
PLAB
| High End Integrated Circuits | $53.6M | 25% |
| High End Flat Panel Displays | $53.5M | 25% |
| KR | $43.7M | 21% |
| Other | $42.1M | 20% |
| Mainstream Flat Panel Displays | $9.1M | 4% |
| Transferred At Point In Time | $8.4M | 4% |
