vs
enCore Energy Corp.（EU）与Velo3D, Inc.（VELO）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Velo3D, Inc.的1.3倍（$12.4M vs $9.4M），enCore Energy Corp.净利率更高（-173.9% vs -231.9%，领先58.0%），enCore Energy Corp.自由现金流更多（$7.2M vs $-8.3M）
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。
Velo3D是全球领先的金属3D打印解决方案提供商，主营工业级金属3D打印机、配套专用加工软件及高性能金属材料，主要服务航空航天、国防、能源、半导体等高端制造领域，可生产传统工艺难以实现的复杂高精度金属零部件。
EU vs VELO — 直观对比
营收规模更大
EU
是对方的1.3倍
$9.4M
净利率更高
EU
高出58.0%
-231.9%
自由现金流更多
EU
多$15.5M
$-8.3M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $12.4M | $9.4M |
| 净利润 | $-21.5M | $-21.9M |
| 毛利率 | 37.9% | -73.6% |
| 营业利润率 | -135.9% | -231.0% |
| 净利率 | -173.9% | -231.9% |
| 营收同比 | — | -25.2% |
| 净利润同比 | — | -2.9% |
| 每股收益（稀释后） | $-0.11 | $-0.87 |
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EUVELO
| Q4 25 | $12.4M | $9.4M | ||
| Q3 25 | $8.9M | $13.6M | ||
| Q2 25 | $3.7M | $13.6M | ||
| Q1 25 | $18.2M | $9.3M | ||
| Q4 24 | — | $12.6M | ||
| Q3 24 | — | $8.2M | ||
| Q2 24 | — | $10.3M | ||
| Q1 24 | — | $9.8M |
净利润EUVELO
| Q4 25 | $-21.5M | $-21.9M | ||
| Q3 25 | $-4.8M | $-11.2M | ||
| Q2 25 | $-6.3M | $-13.3M | ||
| Q1 25 | $-24.2M | $-25.0M | ||
| Q4 24 | — | $-21.3M | ||
| Q3 24 | — | $-21.9M | ||
| Q2 24 | — | $935.0K | ||
| Q1 24 | — | $-27.5M |
毛利率EUVELO
| Q4 25 | 37.9% | -73.6% | ||
| Q3 25 | 43.8% | 3.2% | ||
| Q2 25 | 30.8% | -11.7% | ||
| Q1 25 | -0.1% | 7.5% | ||
| Q4 24 | — | -3.5% | ||
| Q3 24 | — | 49.4% | ||
| Q2 24 | — | -28.0% | ||
| Q1 24 | — | -28.8% |
营业利润率EUVELO
| Q4 25 | -135.9% | -231.0% | ||
| Q3 25 | -158.2% | -73.3% | ||
| Q2 25 | -526.1% | -85.4% | ||
| Q1 25 | -85.7% | -123.6% | ||
| Q4 24 | — | -167.0% | ||
| Q3 24 | — | -213.8% | ||
| Q2 24 | — | -187.7% | ||
| Q1 24 | — | -211.1% |
净利率EUVELO
| Q4 25 | -173.9% | -231.9% | ||
| Q3 25 | -53.7% | -82.0% | ||
| Q2 25 | -172.7% | -97.7% | ||
| Q1 25 | -132.9% | -268.4% | ||
| Q4 24 | — | -168.5% | ||
| Q3 24 | — | -265.3% | ||
| Q2 24 | — | 9.0% | ||
| Q1 24 | — | -281.2% |
每股收益（稀释后）EUVELO
| Q4 25 | $-0.11 | $-0.87 | ||
| Q3 25 | $-0.03 | $-0.65 | ||
| Q2 25 | $-0.03 | $-0.94 | ||
| Q1 25 | $-0.13 | $-1.87 | ||
| Q4 24 | — | $7.06 | ||
| Q3 24 | — | $-35.52 | ||
| Q2 24 | — | $1.65 | ||
| Q1 24 | — | $-55.51 |
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 | $39.0M |
| 总债务越低越好 | $110.0M | $31.0M |
| 股东权益账面价值 | $229.2M | $38.2M |
| 总资产 | $430.4M | $105.3M |
| 负债/权益比越低杠杆越低 | 0.48× | 0.81× |
8季度趋势，按日历期对齐
现金及短期投资EUVELO
| Q4 25 | $52.4M | $39.0M | ||
| Q3 25 | $91.9M | $11.8M | ||
| Q2 25 | $26.9M | $854.0K | ||
| Q1 25 | $29.7M | $3.9M | ||
| Q4 24 | — | $1.2M | ||
| Q3 24 | — | $1.6M | ||
| Q2 24 | — | $3.2M | ||
| Q1 24 | — | $10.9M |
总债务EUVELO
| Q4 25 | $110.0M | $31.0M | ||
| Q3 25 | $109.3M | $23.0M | ||
| Q2 25 | — | $22.5M | ||
| Q1 25 | — | $21.7M | ||
| Q4 24 | — | $5.7M | ||
| Q3 24 | — | $32.3M | ||
| Q2 24 | — | $33.5M | ||
| Q1 24 | — | $44.0M |
股东权益EUVELO
| Q4 25 | $229.2M | $38.2M | ||
| Q3 25 | $248.6M | $29.9M | ||
| Q2 25 | $264.7M | $21.4M | ||
| Q1 25 | $267.9M | $32.8M | ||
| Q4 24 | — | $39.7M | ||
| Q3 24 | — | $34.4M | ||
| Q2 24 | — | $52.1M | ||
| Q1 24 | — | $45.5M |
总资产EUVELO
| Q4 25 | $430.4M | $105.3M | ||
| Q3 25 | $441.9M | $93.7M | ||
| Q2 25 | $359.4M | $78.4M | ||
| Q1 25 | $362.6M | $91.3M | ||
| Q4 24 | — | $89.2M | ||
| Q3 24 | — | $110.8M | ||
| Q2 24 | — | $116.7M | ||
| Q1 24 | — | $136.1M |
负债/权益比EUVELO
| Q4 25 | 0.48× | 0.81× | ||
| Q3 25 | 0.44× | 0.77× | ||
| Q2 25 | — | 1.05× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.94× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.97× |
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 | $-7.7M |
| 自由现金流经营现金流 - 资本支出 | $7.2M | $-8.3M |
| 自由现金流率自由现金流/营收 | 57.8% | -88.3% |
| 资本支出强度资本支出/营收 | 46.7% | 6.4% |
| 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 | $-45.0M | — |
8季度趋势，按日历期对齐
经营现金流EUVELO
| Q4 25 | $12.9M | $-7.7M | ||
| Q3 25 | $-20.3M | $-6.0M | ||
| Q2 25 | $-9.9M | $-1.2M | ||
| Q1 25 | $-7.7M | $-12.3M | ||
| Q4 24 | — | $-2.2M | ||
| Q3 24 | — | $-2.0M | ||
| Q2 24 | — | $-8.0M | ||
| Q1 24 | — | $-20.5M |
自由现金流EUVELO
| Q4 25 | $7.2M | $-8.3M | ||
| Q3 25 | $-26.3M | $-6.3M | ||
| Q2 25 | $-14.1M | $-3.0M | ||
| Q1 25 | $-11.7M | — | ||
| Q4 24 | — | $-2.2M | ||
| Q3 24 | — | $-2.0M | ||
| Q2 24 | — | $-8.0M | ||
| Q1 24 | — | $-20.5M |
自由现金流率EUVELO
| Q4 25 | 57.8% | -88.3% | ||
| Q3 25 | -296.6% | -46.5% | ||
| Q2 25 | -385.2% | -22.2% | ||
| Q1 25 | -64.1% | — | ||
| Q4 24 | — | -17.7% | ||
| Q3 24 | — | -24.2% | ||
| Q2 24 | — | -77.1% | ||
| Q1 24 | — | -209.8% |
资本支出强度EUVELO
| Q4 25 | 46.7% | 6.4% | ||
| Q3 25 | 68.0% | 2.3% | ||
| Q2 25 | 115.1% | 13.3% | ||
| Q1 25 | 21.7% | 0.0% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.1% |
现金转化率EUVELO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -8.52× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
