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DBV Technologies S.A.（DBVT）与Heritage Distilling Holding Company, Inc.（IPST）财务数据对比。点击上方公司名可切换其他公司
Heritage Distilling Holding Company, Inc.的季度营收约是DBV Technologies S.A.的1.7倍（$4.7M vs $2.8M），DBV Technologies S.A.净利率更高（-1195.5% vs -6862.0%，领先5666.5%）
DBV Technologies是一家总部位于法国巴涅的公开上市生物制药企业，核心研发成果为Viaskin给药技术，可在不进入血液循环的前提下，让过敏原或抗原作用于完整皮肤。其花生过敏疗法Viaskin Peanut的临床开发，已获得美国食品药品监督管理局授予快速通道资格。
纽波特工艺酿酒蒸馏公司位于美国罗德岛州纽波特，1999年以滨海极限酿酒公司之名成立，是纽波特首家精酿微酿酒厂，2006年新增蒸馏业务，2018年改用现名以体现综合生产定位，目前生产多种啤酒与烈酒产品，分销网络覆盖美国东北部地区。
DBVT vs IPST — 直观对比
营收规模更大
IPST
是对方的1.7倍
$2.8M
净利率更高
DBVT
高出5666.5%
-6862.0%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8M | $4.7M |
| 净利润 | $-33.2M | $-323.7M |
| 毛利率 | — | 68.5% |
| 营业利润率 | -1235.7% | -2622.6% |
| 净利率 | -1195.5% | -6862.0% |
| 营收同比 | 158.8% | — |
| 净利润同比 | -8.9% | — |
| 每股收益（稀释后） | $-0.24 | $-31.89 |
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DBVTIPST
| Q4 25 | — | $4.7M | ||
| Q3 25 | $2.8M | $3.0M | ||
| Q2 25 | $1.5M | $1.3M | ||
| Q1 25 | — | $1.1M | ||
| Q3 24 | — | $1.8M | ||
| Q2 24 | $1.2M | — | ||
| Q1 24 | $1.4M | — | ||
| Q4 23 | $8.9M | — |
净利润DBVTIPST
| Q4 25 | — | $-323.7M | ||
| Q3 25 | $-33.2M | $196.3M | ||
| Q2 25 | $-41.9M | $-7.3M | ||
| Q1 25 | — | $-3.0M | ||
| Q3 24 | — | $-3.4M | ||
| Q2 24 | $-33.1M | — | ||
| Q1 24 | $-27.3M | — | ||
| Q4 23 | $134.3M | — |
毛利率DBVTIPST
| Q4 25 | — | 68.5% | ||
| Q3 25 | — | 61.3% | ||
| Q2 25 | — | 17.2% | ||
| Q1 25 | — | 24.9% | ||
| Q3 24 | — | 35.8% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
营业利润率DBVTIPST
| Q4 25 | — | -2622.6% | ||
| Q3 25 | -1235.7% | -38.4% | ||
| Q2 25 | -2806.2% | -503.0% | ||
| Q1 25 | — | -224.5% | ||
| Q3 24 | — | -118.1% | ||
| Q2 24 | -2914.9% | — | ||
| Q1 24 | -2029.7% | — | ||
| Q4 23 | -134.3% | — |
净利率DBVTIPST
| Q4 25 | — | -6862.0% | ||
| Q3 25 | -1195.5% | 6566.2% | ||
| Q2 25 | -2858.4% | -551.9% | ||
| Q1 25 | — | -277.8% | ||
| Q3 24 | — | -194.9% | ||
| Q2 24 | -2852.4% | — | ||
| Q1 24 | -1943.5% | — | ||
| Q4 23 | 1512.8% | — |
每股收益（稀释后）DBVTIPST
| Q4 25 | — | $-31.89 | ||
| Q3 25 | $-0.24 | $16.97 | ||
| Q2 25 | $-0.31 | $-0.77 | ||
| Q1 25 | — | $-0.34 | ||
| Q3 24 | — | $-160.41 | ||
| Q2 24 | $-0.34 | — | ||
| Q1 24 | $-0.28 | — | ||
| Q4 23 | $-0.11 | — |
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 | $69.8M | — |
| 总债务越低越好 | — | $2.6M |
| 股东权益账面价值 | $52.9M | $98.2M |
| 总资产 | $110.5M | $108.8M |
| 负债/权益比越低杠杆越低 | — | 0.03× |
8季度趋势，按日历期对齐
现金及短期投资DBVTIPST
| Q4 25 | — | — | ||
| Q3 25 | $69.8M | — | ||
| Q2 25 | $103.2M | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $66.2M | — | ||
| Q1 24 | $101.5M | — | ||
| Q4 23 | $141.4M | — |
总债务DBVTIPST
| Q4 25 | — | $2.6M | ||
| Q3 25 | — | $2.6M | ||
| Q2 25 | — | $13.0M | ||
| Q1 25 | — | $13.0M | ||
| Q3 24 | — | $15.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
股东权益DBVTIPST
| Q4 25 | — | $98.2M | ||
| Q3 25 | $52.9M | $420.4M | ||
| Q2 25 | $86.2M | $-2.9M | ||
| Q1 25 | — | $-329.0K | ||
| Q3 24 | — | $-34.0M | ||
| Q2 24 | $79.1M | — | ||
| Q1 24 | $111.7M | — | ||
| Q4 23 | $140.2M | — |
总资产DBVTIPST
| Q4 25 | — | $108.8M | ||
| Q3 25 | $110.5M | $482.8M | ||
| Q2 25 | $143.4M | $26.5M | ||
| Q1 25 | — | $27.1M | ||
| Q3 24 | — | $31.1M | ||
| Q2 24 | $114.2M | — | ||
| Q1 24 | $145.9M | — | ||
| Q4 23 | $183.0M | — |
负债/权益比DBVTIPST
| Q4 25 | — | 0.03× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
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 | $-32.4M | $-7.5M |
| 自由现金流经营现金流 - 资本支出 | $-32.6M | — |
| 自由现金流率自由现金流/营收 | -1173.5% | — |
| 资本支出强度资本支出/营收 | 4.2% | 0.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-138.3M | — |
8季度趋势，按日历期对齐
经营现金流DBVTIPST
| Q4 25 | — | $-7.5M | ||
| Q3 25 | $-32.4M | $-4.3M | ||
| Q2 25 | $-33.9M | $-1.5M | ||
| Q1 25 | — | $-2.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | $-35.1M | — | ||
| Q1 24 | $-34.7M | — | ||
| Q4 23 | $-13.7M | — |
自由现金流DBVTIPST
| Q4 25 | — | — | ||
| Q3 25 | $-32.6M | $-4.3M | ||
| Q2 25 | $-33.9M | $-1.5M | ||
| Q1 25 | — | $-2.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | $-35.8M | — | ||
| Q1 24 | $-36.0M | — | ||
| Q4 23 | $-14.0M | — |
自由现金流率DBVTIPST
| Q4 25 | — | — | ||
| Q3 25 | -1173.5% | -144.7% | ||
| Q2 25 | -2316.5% | -115.3% | ||
| Q1 25 | — | -187.6% | ||
| Q3 24 | — | — | ||
| Q2 24 | -3084.0% | — | ||
| Q1 24 | -2560.6% | — | ||
| Q4 23 | -158.2% | — |
资本支出强度DBVTIPST
| Q4 25 | — | 0.0% | ||
| Q3 25 | 4.2% | 1.5% | ||
| Q2 25 | 2.2% | 0.9% | ||
| Q1 25 | — | 1.6% | ||
| Q3 24 | — | — | ||
| Q2 24 | 63.0% | — | ||
| Q1 24 | 94.9% | — | ||
| Q4 23 | 4.0% | — |
现金转化率DBVTIPST
| Q4 25 | — | — | ||
| Q3 25 | — | -0.02× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | -0.10× | — |
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
DBVT
暂无分部数据
IPST
| Direct To Consumer | $3.0M | 63% |
| Wholesale | $1.2M | 26% |
| Other | $517.7K | 11% |
