vs
Energy Recovery, Inc.（ERII）与万物新生（RERE）财务数据对比。点击上方公司名可切换其他公司
Energy Recovery, Inc.的季度营收约是万物新生的1.5倍（$66.9M vs $43.2M），Energy Recovery, Inc.净利率更高（40.2% vs 16.9%，领先23.3%）
Energy Recovery, Inc.是一家美国制造商，专注生产为水务及二氧化碳制冷行业提供的能量回收装置，产品可帮助相关行业在工艺流程中回收利用富余能量，助力客户降低能耗成本，提升运营的绿色低碳水平，在细分领域拥有领先的技术积累。
万物新生集团（ATRenew Inc.）是中国领先的二手消费电子产品交易与服务平台运营商，核心业务覆盖数码产品回收、质检、翻新及售卖，运营有爱回收等知名品牌，服务覆盖个人消费者及企业客户，市场遍及国内及部分东南亚地区。
ERII vs RERE — 直观对比
营收规模更大
ERII
是对方的1.5倍
$43.2M
净利率更高
ERII
高出23.3%
16.9%
损益表 — Q4 FY2025 vs Q1 FY2023
| 指标 | | |
|---|---|---|
| 营收 | $66.9M | $43.2M |
| 净利润 | $26.9M | $7.3M |
| 毛利率 | 67.2% | — |
| 营业利润率 | 46.8% | — |
| 净利率 | 40.2% | 16.9% |
| 营收同比 | -0.3% | — |
| 净利润同比 | 14.7% | — |
| 每股收益（稀释后） | $0.49 | — |
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ERIIRERE
| Q4 25 | $66.9M | — | ||
| Q3 25 | $32.0M | — | ||
| Q2 25 | $28.1M | — | ||
| Q4 24 | $67.1M | — | ||
| Q3 24 | $38.6M | — | ||
| Q2 24 | $27.2M | — | ||
| Q1 24 | $12.1M | — | ||
| Q4 23 | $57.2M | — |
净利润ERIIRERE
| Q4 25 | $26.9M | — | ||
| Q3 25 | $3.9M | — | ||
| Q2 25 | $2.1M | — | ||
| Q4 24 | $23.5M | — | ||
| Q3 24 | $8.5M | — | ||
| Q2 24 | $-642.0K | — | ||
| Q1 24 | $-8.3M | — | ||
| Q4 23 | $19.8M | — |
毛利率ERIIRERE
| Q4 25 | 67.2% | — | ||
| Q3 25 | 64.2% | — | ||
| Q2 25 | 64.0% | — | ||
| Q4 24 | 70.2% | — | ||
| Q3 24 | 65.1% | — | ||
| Q2 24 | 64.6% | — | ||
| Q1 24 | 59.0% | — | ||
| Q4 23 | 69.1% | — |
营业利润率ERIIRERE
| Q4 25 | 46.8% | — | ||
| Q3 25 | 11.4% | — | ||
| Q2 25 | 5.3% | — | ||
| Q4 24 | 38.2% | — | ||
| Q3 24 | 18.3% | — | ||
| Q2 24 | -7.4% | — | ||
| Q1 24 | -90.4% | — | ||
| Q4 23 | 36.0% | — |
净利率ERIIRERE
| Q4 25 | 40.2% | — | ||
| Q3 25 | 12.1% | — | ||
| Q2 25 | 7.3% | — | ||
| Q4 24 | 35.0% | — | ||
| Q3 24 | 22.0% | — | ||
| Q2 24 | -2.4% | — | ||
| Q1 24 | -68.3% | — | ||
| Q4 23 | 34.6% | — |
每股收益（稀释后）ERIIRERE
| Q4 25 | $0.49 | — | ||
| Q3 25 | $0.07 | — | ||
| Q2 25 | $0.04 | — | ||
| Q4 24 | $0.40 | — | ||
| Q3 24 | $0.15 | — | ||
| Q2 24 | $-0.01 | — | ||
| Q1 24 | $-0.14 | — | ||
| Q4 23 | $0.34 | — |
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 | $75.2M | $228.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $206.2M | $557.1M |
| 总资产 | $231.5M | $722.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ERIIRERE
| Q4 25 | $75.2M | — | ||
| Q3 25 | $70.4M | — | ||
| Q2 25 | $79.5M | — | ||
| Q4 24 | $78.0M | — | ||
| Q3 24 | $118.6M | — | ||
| Q2 24 | $101.0M | — | ||
| Q1 24 | $117.4M | — | ||
| Q4 23 | $108.5M | — |
股东权益ERIIRERE
| Q4 25 | $206.2M | — | ||
| Q3 25 | $180.8M | — | ||
| Q2 25 | $185.2M | — | ||
| Q4 24 | $210.0M | — | ||
| Q3 24 | $233.9M | — | ||
| Q2 24 | $218.5M | — | ||
| Q1 24 | $216.0M | — | ||
| Q4 23 | $219.8M | — |
总资产ERIIRERE
| Q4 25 | $231.5M | — | ||
| Q3 25 | $209.6M | — | ||
| Q2 25 | $212.3M | — | ||
| Q4 24 | $242.8M | — | ||
| Q3 24 | $262.7M | — | ||
| Q2 24 | $249.0M | — | ||
| Q1 24 | $244.3M | — | ||
| Q4 23 | $253.0M | — |
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 | $7.1M | — |
| 自由现金流经营现金流 - 资本支出 | $6.4M | — |
| 自由现金流率自由现金流/营收 | 9.6% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | 0.26× | — |
| 过去12个月自由现金流最近4个季度 | $15.8M | — |
8季度趋势，按日历期对齐
经营现金流ERIIRERE
| Q4 25 | $7.1M | — | ||
| Q3 25 | $-3.1M | — | ||
| Q2 25 | $4.1M | — | ||
| Q4 24 | $9.0M | — | ||
| Q3 24 | $-3.0M | — | ||
| Q2 24 | $8.1M | — | ||
| Q1 24 | $6.5M | — | ||
| Q4 23 | $13.8M | — |
自由现金流ERIIRERE
| Q4 25 | $6.4M | — | ||
| Q3 25 | $-3.5M | — | ||
| Q2 25 | $4.0M | — | ||
| Q4 24 | $8.9M | — | ||
| Q3 24 | $-3.2M | — | ||
| Q2 24 | $7.9M | — | ||
| Q1 24 | $5.7M | — | ||
| Q4 23 | $12.4M | — |
自由现金流率ERIIRERE
| Q4 25 | 9.6% | — | ||
| Q3 25 | -10.9% | — | ||
| Q2 25 | 14.3% | — | ||
| Q4 24 | 13.2% | — | ||
| Q3 24 | -8.2% | — | ||
| Q2 24 | 28.9% | — | ||
| Q1 24 | 46.9% | — | ||
| Q4 23 | 21.7% | — |
资本支出强度ERIIRERE
| Q4 25 | 1.0% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 0.5% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 6.8% | — | ||
| Q4 23 | 2.4% | — |
现金转化率ERIIRERE
| Q4 25 | 0.26× | — | ||
| Q3 25 | -0.81× | — | ||
| Q2 25 | 2.02× | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | -0.35× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | 0.70× | — |
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
ERII
| Water Segment | $38.6M | 58% |
| Other | $11.0M | 16% |
| Original Equipment Manufacturer | $10.6M | 16% |
| Aftermarket | $6.6M | 10% |
RERE
暂无分部数据
