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eXp World Holdings, Inc.（EXPI）与百济神州（ONC）财务数据对比。点击上方公司名可切换其他公司
百济神州的季度营收约是eXp World Holdings, Inc.的1.3倍（$1.5B vs $1.2B），百济神州净利率更高（4.4% vs -1.1%，领先5.5%），百济神州同比增速更快（32.8% vs 8.5%），百济神州自由现金流更多（$379.8M vs $11.9M），过去两年百济神州的营收复合增速更高（41.2% vs 12.4%）
eXp World Holdings是全球云原生房地产服务提供商，运营eXp Realty经纪网络，依托沉浸式3D虚拟园区支持代理人协作与日常运营，业务覆盖全球20余个国家的住宅及商业地产市场，同时提供按揭贷款、产权保险、从业者职业培训等配套服务。
BeOne Medicines（原百济神州）是一家跨国肿瘤领域制药企业，专注于癌症治疗创新药物的研发与商业化，致力于为全球癌症患者提供更有效、可及性更高的治疗方案，改善患者的生存质量与预后。
EXPI vs ONC — 直观对比
营收规模更大
ONC
是对方的1.3倍
$1.2B
营收增速更快
ONC
高出24.3%
8.5%
净利率更高
ONC
高出5.5%
-1.1%
自由现金流更多
ONC
多$367.9M
$11.9M
两年增速更快
ONC
近两年复合增速
12.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.5B |
| 净利润 | $-12.9M | $66.5M |
| 毛利率 | — | 90.5% |
| 营业利润率 | -1.1% | 12.4% |
| 净利率 | -1.1% | 4.4% |
| 营收同比 | 8.5% | 32.8% |
| 净利润同比 | -35.7% | 143.8% |
| 每股收益（稀释后） | $-0.08 | $0.05 |
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EXPIONC
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.3B | $1.3B | ||
| Q1 25 | $954.9M | $1.1B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.2B | $1.0B | ||
| Q2 24 | $1.3B | $929.2M | ||
| Q1 24 | $943.1M | $751.7M |
净利润EXPIONC
| Q4 25 | $-12.9M | $66.5M | ||
| Q3 25 | $3.5M | $124.8M | ||
| Q2 25 | $-2.3M | $94.3M | ||
| Q1 25 | $-11.0M | $1.3M | ||
| Q4 24 | $-9.5M | $-151.9M | ||
| Q3 24 | $-8.5M | $-121.3M | ||
| Q2 24 | $12.4M | $-120.4M | ||
| Q1 24 | $-15.6M | $-251.2M |
毛利率EXPIONC
| Q4 25 | — | 90.5% | ||
| Q3 25 | — | 86.1% | ||
| Q2 25 | — | 87.5% | ||
| Q1 25 | — | 85.2% | ||
| Q4 24 | — | 85.8% | ||
| Q3 24 | 99.9% | 83.0% | ||
| Q2 24 | 99.9% | 85.1% | ||
| Q1 24 | — | 83.4% |
营业利润率EXPIONC
| Q4 25 | -1.1% | 12.4% | ||
| Q3 25 | 0.3% | 11.5% | ||
| Q2 25 | -0.2% | 6.7% | ||
| Q1 25 | -1.1% | 1.0% | ||
| Q4 24 | -1.0% | -7.0% | ||
| Q3 24 | -0.7% | -12.0% | ||
| Q2 24 | 1.4% | -11.5% | ||
| Q1 24 | -1.9% | -34.8% |
净利率EXPIONC
| Q4 25 | -1.1% | 4.4% | ||
| Q3 25 | 0.3% | 8.8% | ||
| Q2 25 | -0.2% | 7.2% | ||
| Q1 25 | -1.2% | 0.1% | ||
| Q4 24 | -0.9% | -13.5% | ||
| Q3 24 | -0.7% | -12.1% | ||
| Q2 24 | 1.0% | -13.0% | ||
| Q1 24 | -1.7% | -33.4% |
每股收益（稀释后）EXPIONC
| Q4 25 | $-0.08 | $0.05 | ||
| Q3 25 | $0.02 | $0.08 | ||
| Q2 25 | $-0.01 | $0.06 | ||
| Q1 25 | $-0.07 | $0.00 | ||
| Q4 24 | $-0.06 | $-0.10 | ||
| Q3 24 | $-0.06 | $-0.09 | ||
| Q2 24 | $0.08 | $-0.09 | ||
| Q1 24 | $-0.10 | $-0.19 |
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 | $124.2M | $4.5B |
| 总债务越低越好 | — | $836.4M |
| 股东权益账面价值 | $242.8M | $4.4B |
| 总资产 | $442.5M | $8.2B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资EXPIONC
| Q4 25 | $124.2M | $4.5B | ||
| Q3 25 | $112.8M | $4.0B | ||
| Q2 25 | $94.6M | $2.8B | ||
| Q1 25 | $115.7M | $2.5B | ||
| Q4 24 | $113.6M | $2.6B | ||
| Q3 24 | $130.4M | $2.7B | ||
| Q2 24 | $108.4M | $2.6B | ||
| Q1 24 | $109.2M | $2.8B |
总债务EXPIONC
| Q4 25 | — | $836.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EXPIONC
| Q4 25 | $242.8M | $4.4B | ||
| Q3 25 | $235.3M | $4.1B | ||
| Q2 25 | $218.4M | $3.8B | ||
| Q1 25 | $212.0M | $3.5B | ||
| Q4 24 | $204.9M | $3.3B | ||
| Q3 24 | $211.1M | $3.4B | ||
| Q2 24 | $220.3M | $3.4B | ||
| Q1 24 | $222.4M | $3.4B |
总资产EXPIONC
| Q4 25 | $442.5M | $8.2B | ||
| Q3 25 | $458.7M | $7.6B | ||
| Q2 25 | $481.2M | $6.3B | ||
| Q1 25 | $435.8M | $5.8B | ||
| Q4 24 | $390.7M | $5.9B | ||
| Q3 24 | $432.6M | $5.8B | ||
| Q2 24 | $457.4M | $5.7B | ||
| Q1 24 | $426.7M | $5.7B |
负债/权益比EXPIONC
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $13.8M | $417.3M |
| 自由现金流经营现金流 - 资本支出 | $11.9M | $379.8M |
| 自由现金流率自由现金流/营收 | 1.0% | 25.4% |
| 资本支出强度资本支出/营收 | 0.2% | 2.5% |
| 现金转化率经营现金流/净利润 | — | 6.28× |
| 过去12个月自由现金流最近4个季度 | $109.0M | $941.7M |
8季度趋势，按日历期对齐
经营现金流EXPIONC
| Q4 25 | $13.8M | $417.3M | ||
| Q3 25 | $28.9M | $402.6M | ||
| Q2 25 | $36.1M | $263.6M | ||
| Q1 25 | $39.8M | $44.1M | ||
| Q4 24 | $13.7M | $75.2M | ||
| Q3 24 | $46.0M | $188.4M | ||
| Q2 24 | $71.1M | $-95.6M | ||
| Q1 24 | $60.7M | $-308.6M |
自由现金流EXPIONC
| Q4 25 | $11.9M | $379.8M | ||
| Q3 25 | $26.6M | $354.5M | ||
| Q2 25 | $33.3M | $219.8M | ||
| Q1 25 | $37.3M | $-12.3M | ||
| Q4 24 | $11.6M | $-17.3M | ||
| Q3 24 | $44.4M | $54.7M | ||
| Q2 24 | $69.7M | $-205.5M | ||
| Q1 24 | $59.3M | $-465.1M |
自由现金流率EXPIONC
| Q4 25 | 1.0% | 25.4% | ||
| Q3 25 | 2.0% | 25.1% | ||
| Q2 25 | 2.5% | 16.7% | ||
| Q1 25 | 3.9% | -1.1% | ||
| Q4 24 | 1.1% | -1.5% | ||
| Q3 24 | 3.6% | 5.5% | ||
| Q2 24 | 5.4% | -22.1% | ||
| Q1 24 | 6.3% | -61.9% |
资本支出强度EXPIONC
| Q4 25 | 0.2% | 2.5% | ||
| Q3 25 | 0.2% | 3.4% | ||
| Q2 25 | 0.2% | 3.3% | ||
| Q1 25 | 0.3% | 5.0% | ||
| Q4 24 | 0.2% | 8.2% | ||
| Q3 24 | 0.1% | 13.3% | ||
| Q2 24 | 0.1% | 11.8% | ||
| Q1 24 | 0.1% | 20.8% |
现金转化率EXPIONC
| Q4 25 | — | 6.28× | ||
| Q3 25 | 8.26× | 3.22× | ||
| Q2 25 | — | 2.79× | ||
| Q1 25 | — | 34.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.75× | — | ||
| Q1 24 | — | — |
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
EXPI
| North American Realty | $1.1B | 96% |
| International Realty | $42.2M | 4% |
ONC
暂无分部数据
