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FGI Industries Ltd.（FGI）与CarMax（KMX）财务数据对比。点击上方公司名可切换其他公司
CarMax的季度营收约是FGI Industries Ltd.的190.2倍（$5.8B vs $30.5M）。CarMax净利率更高（1.1% vs -8.6%，领先9.7%）。CarMax同比增速更快（-6.9% vs -14.4%）。CarMax自由现金流更多（$1.1B vs $2.3M）。过去两年CarMax的营收复合增速更高（1.5% vs -0.5%）
FGI Industries Ltd是一家全球厨卫产品、家居收纳解决方案及家装用品的设计、制造与分销商，服务覆盖北美、欧洲及亚太地区的大型连锁零售商、家居专营店和电商平台。
CarMax是美国知名二手车零售企业，下设两大业务板块：零售运营业务与汽车金融服务。该品牌最初是电路城公司的副业项目，1993年9月在弗吉尼亚州里士满开设首家门店，截至2025年1月在全美共运营253家线下门店。
FGI vs KMX — 直观对比
营收规模更大
KMX
是对方的190.2倍
$30.5M
营收增速更快
KMX
高出7.5%
-14.4%
净利率更高
KMX
高出9.7%
-8.6%
自由现金流更多
KMX
多$1.1B
$2.3M
两年增速更快
KMX
近两年复合增速
-0.5%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $30.5M | $5.8B |
| 净利润 | $-2.6M | $62.2M |
| 毛利率 | 26.7% | 10.2% |
| 营业利润率 | -2.2% | — |
| 净利率 | -8.6% | 1.1% |
| 营收同比 | -14.4% | -6.9% |
| 净利润同比 | -553.1% | -50.4% |
| 每股收益（稀释后） | $-1.63 | $0.43 |
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FGIKMX
| Q4 25 | $30.5M | $5.8B | ||
| Q3 25 | $35.8M | $6.6B | ||
| Q2 25 | $31.0M | $7.5B | ||
| Q1 25 | $33.2M | $6.0B | ||
| Q4 24 | $35.6M | $6.2B | ||
| Q3 24 | $36.1M | $7.0B | ||
| Q2 24 | $29.4M | $7.1B | ||
| Q1 24 | $30.8M | $5.6B |
净利润FGIKMX
| Q4 25 | $-2.6M | $62.2M | ||
| Q3 25 | $-1.7M | $95.4M | ||
| Q2 25 | $-1.2M | $210.4M | ||
| Q1 25 | $-629.1K | $89.9M | ||
| Q4 24 | $-402.3K | $125.4M | ||
| Q3 24 | $-550.1K | $132.8M | ||
| Q2 24 | $163.6K | $152.4M | ||
| Q1 24 | $-412.2K | $50.3M |
毛利率FGIKMX
| Q4 25 | 26.7% | 10.2% | ||
| Q3 25 | 26.5% | 10.9% | ||
| Q2 25 | 28.1% | 11.8% | ||
| Q1 25 | 26.8% | 11.1% | ||
| Q4 24 | 24.6% | 10.9% | ||
| Q3 24 | 25.8% | 10.8% | ||
| Q2 24 | 30.5% | 11.1% | ||
| Q1 24 | 27.4% | 10.4% |
营业利润率FGIKMX
| Q4 25 | -2.2% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | -2.7% | — | ||
| Q1 25 | -3.9% | 2.0% | ||
| Q4 24 | -3.5% | 2.7% | ||
| Q3 24 | -0.2% | 2.5% | ||
| Q2 24 | -1.5% | 2.9% | ||
| Q1 24 | -1.0% | 1.2% |
净利率FGIKMX
| Q4 25 | -8.6% | 1.1% | ||
| Q3 25 | -4.6% | 1.4% | ||
| Q2 25 | -4.0% | 2.8% | ||
| Q1 25 | -1.9% | 1.5% | ||
| Q4 24 | -1.1% | 2.0% | ||
| Q3 24 | -1.5% | 1.9% | ||
| Q2 24 | 0.6% | 2.1% | ||
| Q1 24 | -1.3% | 0.9% |
每股收益（稀释后）FGIKMX
| Q4 25 | $-1.63 | $0.43 | ||
| Q3 25 | $-0.86 | $0.64 | ||
| Q2 25 | $-0.64 | $1.38 | ||
| Q1 25 | $-0.07 | $0.58 | ||
| Q4 24 | $-0.38 | $0.81 | ||
| Q3 24 | $-0.29 | $0.85 | ||
| Q2 24 | $0.08 | $0.97 | ||
| Q1 24 | $-0.04 | $0.31 |
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 | $1.9M | $204.9M |
| 总债务越低越好 | — | $16.6B |
| 股东权益账面价值 | $17.3M | $6.1B |
| 总资产 | $69.5M | $25.6B |
| 负债/权益比越低杠杆越低 | — | 2.74× |
8季度趋势，按日历期对齐
现金及短期投资FGIKMX
| Q4 25 | $1.9M | $204.9M | ||
| Q3 25 | $1.9M | $540.4M | ||
| Q2 25 | $2.5M | $262.8M | ||
| Q1 25 | $1.2M | $247.0M | ||
| Q4 24 | $4.6M | $271.9M | ||
| Q3 24 | $3.0M | $524.7M | ||
| Q2 24 | $1.3M | $218.9M | ||
| Q1 24 | $3.3M | $574.1M |
总债务FGIKMX
| Q4 25 | — | $16.6B | ||
| Q3 25 | — | $17.8B | ||
| Q2 25 | — | $18.0B | ||
| Q1 25 | — | $18.1B | ||
| Q4 24 | — | $18.1B | ||
| Q3 24 | — | $18.1B | ||
| Q2 24 | — | $18.2B | ||
| Q1 24 | — | $18.0B |
股东权益FGIKMX
| Q4 25 | $17.3M | $6.1B | ||
| Q3 25 | $19.7M | $6.2B | ||
| Q2 25 | $21.3M | $6.3B | ||
| Q1 25 | $21.8M | $6.2B | ||
| Q4 24 | $22.3M | $6.2B | ||
| Q3 24 | $23.5M | $6.2B | ||
| Q2 24 | $23.8M | $6.2B | ||
| Q1 24 | $23.9M | $6.1B |
总资产FGIKMX
| Q4 25 | $69.5M | $25.6B | ||
| Q3 25 | $73.0M | $27.1B | ||
| Q2 25 | $71.7M | $27.4B | ||
| Q1 25 | $68.5M | $27.4B | ||
| Q4 24 | $75.5M | $27.3B | ||
| Q3 24 | $74.7M | $27.3B | ||
| Q2 24 | $69.9M | $27.2B | ||
| Q1 24 | $68.6M | $27.2B |
负债/权益比FGIKMX
| Q4 25 | — | 2.74× | ||
| Q3 25 | — | 2.87× | ||
| Q2 25 | — | 2.86× | ||
| Q1 25 | — | 2.91× | ||
| Q4 24 | — | 2.92× | ||
| Q3 24 | — | 2.93× | ||
| Q2 24 | — | 2.95× | ||
| Q1 24 | — | 2.96× |
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 | $2.3M | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $2.3M | $1.1B |
| 自由现金流率自由现金流/营收 | 7.5% | 19.2% |
| 资本支出强度资本支出/营收 | 0.2% | 2.4% |
| 现金转化率经营现金流/净利润 | — | 20.14× |
| 过去12个月自由现金流最近4个季度 | $-212.5K | $1.9B |
8季度趋势，按日历期对齐
经营现金流FGIKMX
| Q4 25 | $2.3M | $1.3B | ||
| Q3 25 | $-1.9M | $785.5M | ||
| Q2 25 | $7.6M | $299.5M | ||
| Q1 25 | $-7.4M | $146.4M | ||
| Q4 24 | $617.4K | $-23.4M | ||
| Q3 24 | $-915.0K | $619.1M | ||
| Q2 24 | $862.1K | $-117.7M | ||
| Q1 24 | $-8.0M | $309.6M |
自由现金流FGIKMX
| Q4 25 | $2.3M | $1.1B | ||
| Q3 25 | $-2.1M | $654.0M | ||
| Q2 25 | $7.4M | $162.8M | ||
| Q1 25 | $-7.7M | $18.8M | ||
| Q4 24 | $-214.1K | $-150.6M | ||
| Q3 24 | $-1.1M | $509.9M | ||
| Q2 24 | $281.5K | $-221.6M | ||
| Q1 24 | $-8.6M | $199.8M |
自由现金流率FGIKMX
| Q4 25 | 7.5% | 19.2% | ||
| Q3 25 | -5.9% | 9.9% | ||
| Q2 25 | 23.8% | 2.2% | ||
| Q1 25 | -23.3% | 0.3% | ||
| Q4 24 | -0.6% | -2.4% | ||
| Q3 24 | -3.0% | 7.3% | ||
| Q2 24 | 1.0% | -3.1% | ||
| Q1 24 | -28.0% | 3.6% |
资本支出强度FGIKMX
| Q4 25 | 0.2% | 2.4% | ||
| Q3 25 | 0.7% | 2.0% | ||
| Q2 25 | 0.7% | 1.8% | ||
| Q1 25 | 1.1% | 2.1% | ||
| Q4 24 | 2.3% | 2.0% | ||
| Q3 24 | 0.5% | 1.6% | ||
| Q2 24 | 2.0% | 1.5% | ||
| Q1 24 | 2.0% | 2.0% |
现金转化率FGIKMX
| Q4 25 | — | 20.14× | ||
| Q3 25 | — | 8.24× | ||
| Q2 25 | — | 1.42× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | -0.19× | ||
| Q3 24 | — | 4.66× | ||
| Q2 24 | 5.27× | -0.77× | ||
| Q1 24 | — | 6.16× |
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
FGI
| Sanitaryware | $19.1M | 63% |
| Shower System | $5.8M | 19% |
| Kitchen And Bath Other | $3.3M | 11% |
| Bath Furniture Products | $2.3M | 7% |
KMX
| Used Vehicles | $4.5B | 78% |
| Wholesale Vehicles | $1.1B | 19% |
| Other | $150.6M | 3% |
| Extendedprotectionplan Domain | $96.6M | 2% |
| Advertising Subscription Revenues Domain | $35.1M | 1% |
| Service Domain | $18.5M | 0% |
| Thirdpartyfinancefees Domain | $3.0M | 0% |
