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Ecovyst Inc.（ECVT）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Ecovyst Inc.的1.1倍（$210.4M vs $199.4M），Ecovyst Inc.同比增速更快（34.0% vs -5.5%），福尼克斯自由现金流更多（$25.2M vs $22.9M），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs -3.8%）
Ecovyst Inc.是一家全球可持续特种材料供应商，主营高性能催化剂与功能性添加剂的研发、生产，产品服务覆盖工业制造、消费品、环保等核心领域，助力全球客户提升运营效率、降低碳排放。
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。
ECVT vs PLAB — 直观对比
营收规模更大
PLAB
是对方的1.1倍
$199.4M
营收增速更快
ECVT
高出39.5%
-5.5%
自由现金流更多
PLAB
多$2.3M
$22.9M
两年增速更快
ECVT
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $210.4M |
| 净利润 | — | $22.9M |
| 毛利率 | 23.4% | 33.7% |
| 营业利润率 | 10.9% | 22.9% |
| 净利率 | — | 10.9% |
| 营收同比 | 34.0% | -5.5% |
| 净利润同比 | — | -32.4% |
| 每股收益（稀释后） | $0.06 | $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ECVTPLAB
| Q4 25 | $199.4M | — | ||
| Q3 25 | $204.9M | $210.4M | ||
| Q2 25 | $176.1M | $211.0M | ||
| Q1 25 | $143.1M | $212.1M | ||
| Q4 24 | $148.9M | $222.6M | ||
| Q3 24 | $153.9M | $211.0M | ||
| Q2 24 | $154.0M | $217.0M | ||
| Q1 24 | $141.6M | $216.3M |
净利润ECVTPLAB
| Q4 25 | — | — | ||
| Q3 25 | $-79.3M | $22.9M | ||
| Q2 25 | $6.0M | $8.9M | ||
| Q1 25 | $-3.6M | $42.9M | ||
| Q4 24 | — | $33.9M | ||
| Q3 24 | $14.3M | $34.4M | ||
| Q2 24 | $8.3M | $36.3M | ||
| Q1 24 | $1.2M | $26.2M |
毛利率ECVTPLAB
| Q4 25 | 23.4% | — | ||
| Q3 25 | 25.4% | 33.7% | ||
| Q2 25 | 22.8% | 36.9% | ||
| Q1 25 | 13.3% | 35.6% | ||
| Q4 24 | 28.9% | 37.0% | ||
| Q3 24 | 29.3% | 35.6% | ||
| Q2 24 | 27.3% | 36.5% | ||
| Q1 24 | 23.5% | 36.6% |
营业利润率ECVTPLAB
| Q4 25 | 10.9% | — | ||
| Q3 25 | 13.8% | 22.9% | ||
| Q2 25 | 9.0% | 26.4% | ||
| Q1 25 | -0.7% | 24.6% | ||
| Q4 24 | 15.1% | 25.1% | ||
| Q3 24 | 17.9% | 24.7% | ||
| Q2 24 | 14.1% | 25.8% | ||
| Q1 24 | 9.5% | 26.6% |
净利率ECVTPLAB
| Q4 25 | — | — | ||
| Q3 25 | -38.7% | 10.9% | ||
| Q2 25 | 3.4% | 4.2% | ||
| Q1 25 | -2.5% | 20.2% | ||
| Q4 24 | — | 15.2% | ||
| Q3 24 | 9.3% | 16.3% | ||
| Q2 24 | 5.4% | 16.7% | ||
| Q1 24 | 0.9% | 12.1% |
每股收益（稀释后）ECVTPLAB
| Q4 25 | $0.06 | — | ||
| Q3 25 | $-0.69 | $0.39 | ||
| Q2 25 | $0.05 | $0.15 | ||
| Q1 25 | $-0.03 | $0.68 | ||
| Q4 24 | $-0.26 | $0.54 | ||
| Q3 24 | $0.12 | $0.55 | ||
| Q2 24 | $0.07 | $0.58 | ||
| Q1 24 | $0.01 | $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 | $197.2M | $575.8M |
| 总债务越低越好 | $392.6M | $16.0K |
| 股东权益账面价值 | $603.4M | $1.1B |
| 总资产 | $1.3B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.65× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ECVTPLAB
| Q4 25 | $197.2M | — | ||
| Q3 25 | $82.0M | $575.8M | ||
| Q2 25 | $69.6M | $558.4M | ||
| Q1 25 | $127.5M | $642.2M | ||
| Q4 24 | $131.4M | $640.7M | ||
| Q3 24 | $123.5M | $606.4M | ||
| Q2 24 | $83.3M | $559.9M | ||
| Q1 24 | $103.1M | $521.5M |
总债务ECVTPLAB
| Q4 25 | $392.6M | — | ||
| Q3 25 | $854.8M | $16.0K | ||
| Q2 25 | $856.6M | $19.0K | ||
| Q1 25 | $859.0M | $21.0K | ||
| Q4 24 | $860.8M | $25.0K | ||
| Q3 24 | $862.7M | $28.0K | ||
| Q2 24 | $862.4M | $2.5M | ||
| Q1 24 | $866.2M | $2.7M |
股东权益ECVTPLAB
| Q4 25 | $603.4M | — | ||
| Q3 25 | $607.9M | $1.1B | ||
| Q2 25 | $692.4M | $1.1B | ||
| Q1 25 | $698.7M | $1.1B | ||
| Q4 24 | $700.5M | $1.1B | ||
| Q3 24 | $729.4M | $1.1B | ||
| Q2 24 | $717.3M | $1.0B | ||
| Q1 24 | $711.4M | $1.0B |
总资产ECVTPLAB
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.7B | $1.8B | ||
| Q2 25 | $1.8B | $1.7B | ||
| Q1 25 | $1.8B | $1.7B | ||
| Q4 24 | $1.8B | $1.7B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.8B | $1.6B | ||
| Q1 24 | $1.8B | $1.6B |
负债/权益比ECVTPLAB
| Q4 25 | 0.65× | — | ||
| Q3 25 | 1.41× | 0.00× | ||
| Q2 25 | 1.24× | 0.00× | ||
| Q1 25 | 1.23× | 0.00× | ||
| Q4 24 | 1.23× | 0.00× | ||
| Q3 24 | 1.18× | 0.00× | ||
| Q2 24 | 1.20× | 0.00× | ||
| Q1 24 | 1.22× | 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 | $41.8M | $50.1M |
| 自由现金流经营现金流 - 资本支出 | $22.9M | $25.2M |
| 自由现金流率自由现金流/营收 | 11.5% | 12.0% |
| 资本支出强度资本支出/营收 | 9.4% | 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 | $69.9M | $64.5M |
8季度趋势，按日历期对齐
经营现金流ECVTPLAB
| Q4 25 | $41.8M | — | ||
| Q3 25 | $55.3M | $50.1M | ||
| Q2 25 | $33.0M | $31.5M | ||
| Q1 25 | $10.3M | $78.5M | ||
| Q4 24 | $43.5M | $68.4M | ||
| Q3 24 | $59.9M | $75.1M | ||
| Q2 24 | $10.0M | $76.5M | ||
| Q1 24 | $36.5M | $41.5M |
自由现金流ECVTPLAB
| Q4 25 | $22.9M | — | ||
| Q3 25 | $53.2M | $25.2M | ||
| Q2 25 | $7.8M | $-29.1M | ||
| Q1 25 | $-14.0M | $43.3M | ||
| Q4 24 | $30.9M | $25.2M | ||
| Q3 24 | $53.6M | $50.7M | ||
| Q2 24 | $-9.3M | $56.5M | ||
| Q1 24 | $19.1M | $-1.8M |
自由现金流率ECVTPLAB
| Q4 25 | 11.5% | — | ||
| Q3 25 | 26.0% | 12.0% | ||
| Q2 25 | 4.4% | -13.8% | ||
| Q1 25 | -9.8% | 20.4% | ||
| Q4 24 | 20.7% | 11.3% | ||
| Q3 24 | 34.9% | 24.0% | ||
| Q2 24 | -6.1% | 26.0% | ||
| Q1 24 | 13.5% | -0.8% |
资本支出强度ECVTPLAB
| Q4 25 | 9.4% | — | ||
| Q3 25 | 1.0% | 11.8% | ||
| Q2 25 | 14.4% | 28.7% | ||
| Q1 25 | 16.9% | 16.6% | ||
| Q4 24 | 8.5% | 19.4% | ||
| Q3 24 | 4.1% | 11.6% | ||
| Q2 24 | 12.5% | 9.2% | ||
| Q1 24 | 12.3% | 20.0% |
现金转化率ECVTPLAB
| Q4 25 | — | — | ||
| Q3 25 | — | 2.19× | ||
| Q2 25 | 5.52× | 3.55× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | 4.21× | 2.18× | ||
| Q2 24 | 1.20× | 2.11× | ||
| Q1 24 | 29.90× | 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
ECVT
| Industrial Mining Automotive | $101.3M | 51% |
| Regeneration And Treatment Services | $90.0M | 45% |
| Other | $8.1M | 4% |
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% |
