vs
enCore Energy Corp.（EU）与NexPoint Real Estate Finance, Inc.（NREF）财务数据对比。点击上方公司名可切换其他公司
enCore Energy Corp.的季度营收约是NexPoint Real Estate Finance, Inc.的1.1倍（$12.4M vs $11.1M），NexPoint Real Estate Finance, Inc.净利率更高（216.6% vs -173.9%，领先390.6%）
德文能源是一家美国 hydrocarbon 勘探企业，公司注册于特拉华州，运营总部位于俄克拉荷马州俄克拉荷马城的德文能源中心，业务区块主要集中在特拉华盆地、伊格尔福特区块以及落基山脉区域，是美国本土重要的能源勘探开发企业。
NexPoint Real Estate Finance, Inc.是一家总部位于美国的商业地产金融企业，主要为多户住宅、写字楼、工业及酒店物业提供结构化融资方案，运营并管理抵押贷款及其他地产相关投资组合，为利益相关方提供经风险调整的稳定回报。
EU vs NREF — 直观对比
营收规模更大
EU
是对方的1.1倍
$11.1M
净利率更高
NREF
高出390.6%
-173.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $12.4M | $11.1M |
| 净利润 | $-21.5M | $24.0M |
| 毛利率 | 37.9% | — |
| 营业利润率 | -135.9% | — |
| 净利率 | -173.9% | 216.6% |
| 营收同比 | — | -48.8% |
| 净利润同比 | — | 58.7% |
| 每股收益（稀释后） | $-0.11 | $0.47 |
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EUNREF
| Q4 25 | $12.4M | $11.1M | ||
| Q3 25 | $8.9M | $12.5M | ||
| Q2 25 | $3.7M | $12.1M | ||
| Q1 25 | $18.2M | $11.5M | ||
| Q4 24 | — | $21.7M | ||
| Q3 24 | — | $12.5M | ||
| Q2 24 | — | $6.7M | ||
| Q1 24 | — | $-12.8M |
净利润EUNREF
| Q4 25 | $-21.5M | $24.0M | ||
| Q3 25 | $-4.8M | $50.9M | ||
| Q2 25 | $-6.3M | $22.3M | ||
| Q1 25 | $-24.2M | $26.0M | ||
| Q4 24 | — | $15.2M | ||
| Q3 24 | — | $23.3M | ||
| Q2 24 | — | $12.1M | ||
| Q1 24 | — | $-14.6M |
毛利率EUNREF
| Q4 25 | 37.9% | — | ||
| Q3 25 | 43.8% | — | ||
| Q2 25 | 30.8% | — | ||
| Q1 25 | -0.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率EUNREF
| Q4 25 | -135.9% | — | ||
| Q3 25 | -158.2% | — | ||
| Q2 25 | -526.1% | — | ||
| Q1 25 | -85.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
净利率EUNREF
| Q4 25 | -173.9% | 216.6% | ||
| Q3 25 | -53.7% | 407.0% | ||
| Q2 25 | -172.7% | 184.5% | ||
| Q1 25 | -132.9% | 225.6% | ||
| Q4 24 | — | 69.9% | ||
| Q3 24 | — | 186.4% | ||
| Q2 24 | — | 179.7% | ||
| Q1 24 | — | 114.3% |
每股收益（稀释后）EUNREF
| Q4 25 | $-0.11 | $0.47 | ||
| Q3 25 | $-0.03 | $1.14 | ||
| Q2 25 | $-0.03 | $0.54 | ||
| Q1 25 | $-0.13 | $0.70 | ||
| Q4 24 | — | $0.71 | ||
| Q3 24 | — | $0.74 | ||
| Q2 24 | — | $0.40 | ||
| Q1 24 | — | $-0.83 |
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 | $52.4M | $31.1M |
| 总债务越低越好 | $110.0M | $771.2M |
| 股东权益账面价值 | $229.2M | $388.0M |
| 总资产 | $430.4M | $5.3B |
| 负债/权益比越低杠杆越低 | 0.48× | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资EUNREF
| Q4 25 | $52.4M | $31.1M | ||
| Q3 25 | $91.9M | $17.9M | ||
| Q2 25 | $26.9M | $9.1M | ||
| Q1 25 | $29.7M | $19.2M | ||
| Q4 24 | — | $3.9M | ||
| Q3 24 | — | $34.7M | ||
| Q2 24 | — | $4.3M | ||
| Q1 24 | — | $13.5M |
总债务EUNREF
| Q4 25 | $110.0M | $771.2M | ||
| Q3 25 | $109.3M | $720.9M | ||
| Q2 25 | — | $815.6M | ||
| Q1 25 | — | $831.5M | ||
| Q4 24 | — | $799.3M | ||
| Q3 24 | — | $815.5M | ||
| Q2 24 | — | $861.0M | ||
| Q1 24 | — | $843.3M |
股东权益EUNREF
| Q4 25 | $229.2M | $388.0M | ||
| Q3 25 | $248.6M | $375.4M | ||
| Q2 25 | $264.7M | $348.2M | ||
| Q1 25 | $267.9M | $343.7M | ||
| Q4 24 | — | $336.5M | ||
| Q3 24 | — | $335.8M | ||
| Q2 24 | — | $327.5M | ||
| Q1 24 | — | $327.1M |
总资产EUNREF
| Q4 25 | $430.4M | $5.3B | ||
| Q3 25 | $441.9M | $5.3B | ||
| Q2 25 | $359.4M | $5.4B | ||
| Q1 25 | $362.6M | $5.4B | ||
| Q4 24 | — | $5.4B | ||
| Q3 24 | — | $5.7B | ||
| Q2 24 | — | $6.6B | ||
| Q1 24 | — | $7.1B |
负债/权益比EUNREF
| Q4 25 | 0.48× | 1.99× | ||
| Q3 25 | 0.44× | 1.92× | ||
| Q2 25 | — | 2.34× | ||
| Q1 25 | — | 2.42× | ||
| Q4 24 | — | 2.38× | ||
| Q3 24 | — | 2.43× | ||
| Q2 24 | — | 2.63× | ||
| Q1 24 | — | 2.58× |
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 | $12.9M | $-4.5M |
| 自由现金流经营现金流 - 资本支出 | $7.2M | — |
| 自由现金流率自由现金流/营收 | 57.8% | — |
| 资本支出强度资本支出/营收 | 46.7% | — |
| 现金转化率经营现金流/净利润 | — | -0.19× |
| 过去12个月自由现金流最近4个季度 | $-45.0M | — |
8季度趋势，按日历期对齐
经营现金流EUNREF
| Q4 25 | $12.9M | $-4.5M | ||
| Q3 25 | $-20.3M | $8.1M | ||
| Q2 25 | $-9.9M | $3.3M | ||
| Q1 25 | $-7.7M | $16.0M | ||
| Q4 24 | — | $4.4M | ||
| Q3 24 | — | $14.7M | ||
| Q2 24 | — | $-7.5M | ||
| Q1 24 | — | $17.7M |
自由现金流EUNREF
| Q4 25 | $7.2M | — | ||
| Q3 25 | $-26.3M | — | ||
| Q2 25 | $-14.1M | — | ||
| Q1 25 | $-11.7M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率EUNREF
| Q4 25 | 57.8% | — | ||
| Q3 25 | -296.6% | — | ||
| Q2 25 | -385.2% | — | ||
| Q1 25 | -64.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度EUNREF
| Q4 25 | 46.7% | — | ||
| Q3 25 | 68.0% | — | ||
| Q2 25 | 115.1% | — | ||
| Q1 25 | 21.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率EUNREF
| Q4 25 | — | -0.19× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.62× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | — | 0.63× | ||
| Q2 24 | — | -0.62× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
