vs
DESCARTES SYSTEMS GROUP INC（DSGX）与Resolute Holdings Management, Inc.（RHLD）财务数据对比。点击上方公司名可切换其他公司
DESCARTES SYSTEMS GROUP INC的季度营收约是Resolute Holdings Management, Inc.的1.5倍（$179.8M vs $117.7M），DESCARTES SYSTEMS GROUP INC净利率更高（21.1% vs -1.5%，领先22.6%），Resolute Holdings Management, Inc.自由现金流更多（$189.2M vs $62.1M）
Descartes Systems Group Inc.是总部位于加拿大的跨国科技企业，专注于为物流行业客户提供物流管理软件、供应链管理软件及相关云服务，可助力企业优化供应链流程、提升运营效率，在全球物流科技领域拥有较高的市场认可度。
Resolute Holdings Management, Inc.是一家澳大利亚矿业企业，核心业务布局于非洲地区，目前运营两座金矿，分别为位于马里的 Syama 金矿和塞内加尔的 Mako 金矿，专注于黄金资源的勘探、开采及相关运营管理工作。
DSGX vs RHLD — 直观对比
营收规模更大
DSGX
是对方的1.5倍
$117.7M
净利率更高
DSGX
高出22.6%
-1.5%
自由现金流更多
RHLD
多$127.1M
$62.1M
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $179.8M | $117.7M |
| 净利润 | $38.0M | $-1.7M |
| 毛利率 | 76.9% | 55.7% |
| 营业利润率 | 26.8% | 30.2% |
| 净利率 | 21.1% | -1.5% |
| 营收同比 | — | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.43 | $-0.20 |
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DSGXRHLD
| Q4 25 | — | $117.7M | ||
| Q3 25 | $179.8M | $120.9M | ||
| Q2 25 | — | $119.6M | ||
| Q1 25 | — | $103.9M | ||
| Q3 24 | $163.4M | — | ||
| Q3 23 | $143.4M | — | ||
| Q3 22 | $123.0M | — |
净利润DSGXRHLD
| Q4 25 | — | $-1.7M | ||
| Q3 25 | $38.0M | $-231.0K | ||
| Q2 25 | — | $-611.0K | ||
| Q1 25 | — | $-3.4M | ||
| Q3 24 | $34.7M | — | ||
| Q3 23 | $28.1M | — | ||
| Q3 22 | $22.9M | — |
毛利率DSGXRHLD
| Q4 25 | — | 55.7% | ||
| Q3 25 | 76.9% | 59.0% | ||
| Q2 25 | — | 57.5% | ||
| Q1 25 | — | 52.5% | ||
| Q3 24 | 75.2% | — | ||
| Q3 23 | 75.6% | — | ||
| Q3 22 | 76.5% | — |
营业利润率DSGXRHLD
| Q4 25 | — | 30.2% | ||
| Q3 25 | 26.8% | 34.3% | ||
| Q2 25 | — | 34.0% | ||
| Q1 25 | — | 24.7% | ||
| Q3 24 | 28.1% | — | ||
| Q3 23 | 25.7% | — | ||
| Q3 22 | 25.6% | — |
净利率DSGXRHLD
| Q4 25 | — | -1.5% | ||
| Q3 25 | 21.1% | -0.2% | ||
| Q2 25 | — | -0.5% | ||
| Q1 25 | — | -3.2% | ||
| Q3 24 | 21.2% | — | ||
| Q3 23 | 19.6% | — | ||
| Q3 22 | 18.6% | — |
每股收益（稀释后）DSGXRHLD
| Q4 25 | — | $-0.20 | ||
| Q3 25 | $0.43 | $-0.03 | ||
| Q2 25 | — | $-0.07 | ||
| Q1 25 | — | $-0.39 | ||
| Q3 24 | $0.40 | — | ||
| Q3 23 | $0.32 | — | ||
| Q3 22 | $0.27 | — |
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 | $240.6M | $205.5M |
| 总债务越低越好 | — | $169.8M |
| 股东权益账面价值 | $1.5B | $6.5M |
| 总资产 | $1.8B | $333.4M |
| 负债/权益比越低杠杆越低 | — | 26.03× |
8季度趋势，按日历期对齐
现金及短期投资DSGXRHLD
| Q4 25 | — | $205.5M | ||
| Q3 25 | $240.6M | $148.0M | ||
| Q2 25 | — | $99.9M | ||
| Q1 25 | — | $71.0M | ||
| Q3 24 | $252.7M | — | ||
| Q3 23 | $227.4M | — | ||
| Q3 22 | $189.0M | — |
总债务DSGXRHLD
| Q4 25 | — | $169.8M | ||
| Q3 25 | — | $173.4M | ||
| Q2 25 | — | $177.1M | ||
| Q1 25 | — | $180.7M | ||
| Q3 24 | — | — | ||
| Q3 23 | — | — | ||
| Q3 22 | — | — |
股东权益DSGXRHLD
| Q4 25 | — | $6.5M | ||
| Q3 25 | $1.5B | $10.8M | ||
| Q2 25 | — | $9.6M | ||
| Q1 25 | — | $8.9M | ||
| Q3 24 | $1.3B | — | ||
| Q3 23 | $1.2B | — | ||
| Q3 22 | $1.0B | — |
总资产DSGXRHLD
| Q4 25 | — | $333.4M | ||
| Q3 25 | $1.8B | $293.2M | ||
| Q2 25 | — | $253.3M | ||
| Q1 25 | — | $214.3M | ||
| Q3 24 | $1.6B | — | ||
| Q3 23 | $1.4B | — | ||
| Q3 22 | $1.2B | — |
负债/权益比DSGXRHLD
| Q4 25 | — | 26.03× | ||
| Q3 25 | — | 16.01× | ||
| Q2 25 | — | 18.42× | ||
| Q1 25 | — | 20.38× | ||
| Q3 24 | — | — | ||
| Q3 23 | — | — | ||
| Q3 22 | — | — |
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 | $63.3M | $196.1M |
| 自由现金流经营现金流 - 资本支出 | $62.1M | $189.2M |
| 自由现金流率自由现金流/营收 | 34.5% | 160.8% |
| 资本支出强度资本支出/营收 | 0.7% | 5.8% |
| 现金转化率经营现金流/净利润 | 1.67× | — |
| 过去12个月自由现金流最近4个季度 | $189.6M | $313.2M |
8季度趋势，按日历期对齐
经营现金流DSGXRHLD
| Q4 25 | — | $196.1M | ||
| Q3 25 | $63.3M | $59.6M | ||
| Q2 25 | — | $48.9M | ||
| Q1 25 | — | $18.4M | ||
| Q3 24 | $34.7M | — | ||
| Q3 23 | $52.0M | — | ||
| Q3 22 | $46.4M | — |
自由现金流DSGXRHLD
| Q4 25 | — | $189.2M | ||
| Q3 25 | $62.1M | $58.6M | ||
| Q2 25 | — | $47.5M | ||
| Q1 25 | — | $17.8M | ||
| Q3 24 | $33.1M | — | ||
| Q3 23 | $49.8M | — | ||
| Q3 22 | $44.6M | — |
自由现金流率DSGXRHLD
| Q4 25 | — | 160.8% | ||
| Q3 25 | 34.5% | 48.5% | ||
| Q2 25 | — | 39.7% | ||
| Q1 25 | — | 17.1% | ||
| Q3 24 | 20.2% | — | ||
| Q3 23 | 34.8% | — | ||
| Q3 22 | 36.3% | — |
资本支出强度DSGXRHLD
| Q4 25 | — | 5.8% | ||
| Q3 25 | 0.7% | 0.8% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 0.6% | ||
| Q3 24 | 1.0% | — | ||
| Q3 23 | 1.5% | — | ||
| Q3 22 | 1.5% | — |
现金转化率DSGXRHLD
| Q4 25 | — | — | ||
| Q3 25 | 1.67× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | 1.00× | — | ||
| Q3 23 | 1.85× | — | ||
| Q3 22 | 2.03× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
