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FutureFuel Corp.（FF）与FIRST UNITED CORP（FUNC）财务数据对比。点击上方公司名可切换其他公司
FIRST UNITED CORP的季度营收约是FutureFuel Corp.的1.2倍（$23.2M vs $19.8M），FIRST UNITED CORP净利率更高（24.9% vs -60.5%，领先85.4%），FIRST UNITED CORP同比增速更快（11.9% vs -67.7%），FIRST UNITED CORP自由现金流更多（$15.4M vs $-29.9M），过去两年FIRST UNITED CORP的营收复合增速更高（11.5% vs -41.7%）
FutureFuel是一家专注于化学品与生物燃料的研发生产商，业务涵盖相关产品的开发与生产，目前在纽约证券交易所挂牌上市，股票代码为FF。
联合啤酒控股有限公司（又称UB集团）是喜力集团旗下的印度子公司，总部位于卡纳塔克邦班加罗尔的UB城。公司核心业务涵盖酒类饮品生产及多领域投资，是印度最大的啤酒生产商，主打以翠鸟为品牌的啤酒产品，同时拥有多款其他酒类品牌。
FF vs FUNC — 直观对比
营收规模更大
FUNC
是对方的1.2倍
$19.8M
营收增速更快
FUNC
高出79.6%
-67.7%
净利率更高
FUNC
高出85.4%
-60.5%
自由现金流更多
FUNC
多$45.3M
$-29.9M
两年增速更快
FUNC
近两年复合增速
-41.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $19.8M | $23.2M |
| 净利润 | $-12.0M | $5.8M |
| 毛利率 | -46.7% | — |
| 营业利润率 | -62.9% | 32.9% |
| 净利率 | -60.5% | 24.9% |
| 营收同比 | -67.7% | 11.9% |
| 净利润同比 | -529.4% | -6.6% |
| 每股收益（稀释后） | $-0.28 | $0.89 |
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FFFUNC
| Q4 25 | $19.8M | $23.2M | ||
| Q3 25 | $22.7M | $22.7M | ||
| Q2 25 | $35.7M | $21.8M | ||
| Q1 25 | $17.5M | $20.9M | ||
| Q4 24 | $61.5M | $20.8M | ||
| Q3 24 | $51.1M | $20.3M | ||
| Q2 24 | $72.4M | $20.1M | ||
| Q1 24 | $58.3M | $18.7M |
净利润FFFUNC
| Q4 25 | $-12.0M | $5.8M | ||
| Q3 25 | $-9.3M | $6.9M | ||
| Q2 25 | $-10.4M | $6.0M | ||
| Q1 25 | $-17.6M | $5.8M | ||
| Q4 24 | $2.8M | $6.2M | ||
| Q3 24 | $-1.2M | $5.8M | ||
| Q2 24 | $9.6M | $4.9M | ||
| Q1 24 | $4.3M | $3.7M |
毛利率FFFUNC
| Q4 25 | -46.7% | — | ||
| Q3 25 | -30.1% | — | ||
| Q2 25 | -24.6% | — | ||
| Q1 25 | -83.0% | — | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 12.0% | — | ||
| Q1 24 | 8.6% | — |
营业利润率FFFUNC
| Q4 25 | -62.9% | 32.9% | ||
| Q3 25 | -42.9% | 40.6% | ||
| Q2 25 | -33.4% | 36.5% | ||
| Q1 25 | -107.4% | 36.8% | ||
| Q4 24 | 2.6% | 39.2% | ||
| Q3 24 | -5.6% | 38.0% | ||
| Q2 24 | 7.5% | 32.5% | ||
| Q1 24 | 3.8% | 26.0% |
净利率FFFUNC
| Q4 25 | -60.5% | 24.9% | ||
| Q3 25 | -41.1% | 30.6% | ||
| Q2 25 | -29.2% | 27.5% | ||
| Q1 25 | -100.6% | 27.7% | ||
| Q4 24 | 4.5% | 29.8% | ||
| Q3 24 | -2.3% | 28.5% | ||
| Q2 24 | 13.2% | 24.5% | ||
| Q1 24 | 7.4% | 19.8% |
每股收益（稀释后）FFFUNC
| Q4 25 | $-0.28 | $0.89 | ||
| Q3 25 | $-0.21 | $1.07 | ||
| Q2 25 | $-0.24 | $0.92 | ||
| Q1 25 | $-0.40 | $0.89 | ||
| Q4 24 | $0.06 | $0.95 | ||
| Q3 24 | $-0.03 | $0.89 | ||
| Q2 24 | $0.22 | $0.75 | ||
| Q1 24 | $0.10 | $0.56 |
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 | $51.3M | $131.6M |
| 总债务越低越好 | — | $95.9M |
| 股东权益账面价值 | $154.7M | $203.6M |
| 总资产 | $192.2M | $2.1B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资FFFUNC
| Q4 25 | $51.3M | $131.6M | ||
| Q3 25 | $85.6M | $95.2M | ||
| Q2 25 | $95.2M | $79.1M | ||
| Q1 25 | $97.1M | $84.4M | ||
| Q4 24 | $109.5M | $78.3M | ||
| Q3 24 | $133.4M | $62.4M | ||
| Q2 24 | $115.1M | $45.1M | ||
| Q1 24 | $201.1M | $86.9M |
总债务FFFUNC
| Q4 25 | — | $95.9M | ||
| Q3 25 | — | $95.9M | ||
| Q2 25 | — | $120.9M | ||
| Q1 25 | — | $120.9M | ||
| Q4 24 | — | $120.9M | ||
| Q3 24 | — | $120.9M | ||
| Q2 24 | — | $70.9M | ||
| Q1 24 | — | $70.9M |
股东权益FFFUNC
| Q4 25 | $154.7M | $203.6M | ||
| Q3 25 | $169.1M | $199.1M | ||
| Q2 25 | $178.2M | $191.1M | ||
| Q1 25 | $188.4M | $183.7M | ||
| Q4 24 | $205.8M | $179.3M | ||
| Q3 24 | $213.3M | $174.0M | ||
| Q2 24 | $214.4M | $164.2M | ||
| Q1 24 | $204.8M | $165.5M |
总资产FFFUNC
| Q4 25 | $192.2M | $2.1B | ||
| Q3 25 | $203.5M | $2.0B | ||
| Q2 25 | $218.2M | $2.0B | ||
| Q1 25 | $227.7M | $2.0B | ||
| Q4 24 | $247.7M | $2.0B | ||
| Q3 24 | $256.5M | $1.9B | ||
| Q2 24 | $261.2M | $1.9B | ||
| Q1 24 | $365.4M | $1.9B |
负债/权益比FFFUNC
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.43× | ||
| Q1 24 | — | 0.43× |
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 | $-27.4M | $19.4M |
| 自由现金流经营现金流 - 资本支出 | $-29.9M | $15.4M |
| 自由现金流率自由现金流/营收 | -150.5% | 66.3% |
| 资本支出强度资本支出/营收 | 12.2% | 17.1% |
| 现金转化率经营现金流/净利润 | — | 3.35× |
| 过去12个月自由现金流最近4个季度 | $-46.0M | $22.7M |
8季度趋势，按日历期对齐
经营现金流FFFUNC
| Q4 25 | $-27.4M | $19.4M | ||
| Q3 25 | $-1.1M | $1.5M | ||
| Q2 25 | $5.2M | $995.0K | ||
| Q1 25 | $-5.4M | $7.0M | ||
| Q4 24 | $-16.6M | $22.3M | ||
| Q3 24 | $25.8M | $2.3M | ||
| Q2 24 | $27.8M | $7.2M | ||
| Q1 24 | $-12.2M | $3.6M |
自由现金流FFFUNC
| Q4 25 | $-29.9M | $15.4M | ||
| Q3 25 | $-6.5M | $168.0K | ||
| Q2 25 | $-263.0K | $706.0K | ||
| Q1 25 | $-9.4M | $6.4M | ||
| Q4 24 | $-20.7M | $20.4M | ||
| Q3 24 | $20.5M | $588.0K | ||
| Q2 24 | $24.8M | $7.0M | ||
| Q1 24 | $-14.5M | $3.5M |
自由现金流率FFFUNC
| Q4 25 | -150.5% | 66.3% | ||
| Q3 25 | -28.5% | 0.7% | ||
| Q2 25 | -0.7% | 3.2% | ||
| Q1 25 | -53.6% | 30.5% | ||
| Q4 24 | -33.6% | 98.1% | ||
| Q3 24 | 40.1% | 2.9% | ||
| Q2 24 | 34.3% | 35.1% | ||
| Q1 24 | -24.9% | 18.9% |
资本支出强度FFFUNC
| Q4 25 | 12.2% | 17.1% | ||
| Q3 25 | 23.5% | 5.9% | ||
| Q2 25 | 15.3% | 1.3% | ||
| Q1 25 | 22.8% | 2.8% | ||
| Q4 24 | 6.6% | 9.3% | ||
| Q3 24 | 10.4% | 8.4% | ||
| Q2 24 | 4.1% | 0.6% | ||
| Q1 24 | 3.9% | 0.3% |
现金转化率FFFUNC
| Q4 25 | — | 3.35× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | -5.94× | 3.60× | ||
| Q3 24 | — | 0.40× | ||
| Q2 24 | 2.90× | 1.46× | ||
| Q1 24 | -2.82× | 0.97× |
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
FF
| Chemicals | $18.0M | 91% |
| Biofuels | $1.8M | 9% |
FUNC
| Trust Department | $9.8M | 42% |
| Other | $5.6M | 24% |
| Debit Card Income | $4.1M | 17% |
| Service Charges | $2.3M | 10% |
| Brokerage Commissions | $1.4M | 6% |
