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FGI Industries Ltd.（FGI）与STEM, INC.（STEM）财务数据对比。点击上方公司名可切换其他公司
STEM, INC.的季度营收约是FGI Industries Ltd.的1.5倍（$47.1M vs $30.5M），FGI Industries Ltd.净利率更高（-8.6% vs -33.9%，领先25.3%），FGI Industries Ltd.同比增速更快（-14.4% vs -15.6%），过去两年STEM, INC.的营收复合增速更高（36.1% 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。
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
FGI vs STEM — 直观对比
营收规模更大
STEM
是对方的1.5倍
$30.5M
营收增速更快
FGI
高出1.2%
-15.6%
净利率更高
FGI
高出25.3%
-33.9%
两年增速更快
STEM
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $30.5M | $47.1M |
| 净利润 | $-2.6M | $-16.0M |
| 毛利率 | 26.7% | 48.9% |
| 营业利润率 | -2.2% | -17.7% |
| 净利率 | -8.6% | -33.9% |
| 营收同比 | -14.4% | -15.6% |
| 净利润同比 | -553.1% | 68.8% |
| 每股收益（稀释后） | $-1.63 | $-4.40 |
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FGISTEM
| Q4 25 | $30.5M | $47.1M | ||
| Q3 25 | $35.8M | $38.2M | ||
| Q2 25 | $31.0M | $38.4M | ||
| Q1 25 | $33.2M | $32.5M | ||
| Q4 24 | $35.6M | $55.8M | ||
| Q3 24 | $36.1M | $29.3M | ||
| Q2 24 | $29.4M | $34.0M | ||
| Q1 24 | $30.8M | $25.5M |
净利润FGISTEM
| Q4 25 | $-2.6M | $-16.0M | ||
| Q3 25 | $-1.7M | $-23.8M | ||
| Q2 25 | $-1.2M | $202.5M | ||
| Q1 25 | $-629.1K | $-25.0M | ||
| Q4 24 | $-402.3K | $-51.1M | ||
| Q3 24 | $-550.1K | $-148.3M | ||
| Q2 24 | $163.6K | $-582.3M | ||
| Q1 24 | $-412.2K | $-72.3M |
毛利率FGISTEM
| Q4 25 | 26.7% | 48.9% | ||
| Q3 25 | 26.5% | 35.5% | ||
| Q2 25 | 28.1% | 33.4% | ||
| Q1 25 | 26.8% | 32.4% | ||
| Q4 24 | 24.6% | -4.4% | ||
| Q3 24 | 25.8% | 21.2% | ||
| Q2 24 | 30.5% | 27.6% | ||
| Q1 24 | 27.4% | -95.0% |
营业利润率FGISTEM
| Q4 25 | -2.2% | -17.7% | ||
| Q3 25 | 1.0% | -33.6% | ||
| Q2 25 | -2.7% | -34.8% | ||
| Q1 25 | -3.9% | -65.0% | ||
| Q4 24 | -3.5% | -84.4% | ||
| Q3 24 | -0.2% | -493.2% | ||
| Q2 24 | -1.5% | -1705.5% | ||
| Q1 24 | -1.0% | -267.0% |
净利率FGISTEM
| Q4 25 | -8.6% | -33.9% | ||
| Q3 25 | -4.6% | -62.2% | ||
| Q2 25 | -4.0% | 527.8% | ||
| Q1 25 | -1.9% | -76.9% | ||
| Q4 24 | -1.1% | -91.6% | ||
| Q3 24 | -1.5% | -506.3% | ||
| Q2 24 | 0.6% | -1712.6% | ||
| Q1 24 | -1.3% | -283.9% |
每股收益（稀释后）FGISTEM
| Q4 25 | $-1.63 | $-4.40 | ||
| Q3 25 | $-0.86 | $-2.84 | ||
| Q2 25 | $-0.64 | $-1.79 | ||
| Q1 25 | $-0.07 | $-0.15 | ||
| Q4 24 | $-0.38 | $-15.29 | ||
| Q3 24 | $-0.29 | $-18.24 | ||
| Q2 24 | $0.08 | $-71.81 | ||
| Q1 24 | $-0.04 | $-0.46 |
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 | $48.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $17.3M | $-249.4M |
| 总资产 | $69.5M | $308.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FGISTEM
| Q4 25 | $1.9M | $48.9M | ||
| Q3 25 | $1.9M | $43.1M | ||
| Q2 25 | $2.5M | $40.8M | ||
| Q1 25 | $1.2M | $58.6M | ||
| Q4 24 | $4.6M | $56.3M | ||
| Q3 24 | $3.0M | $75.4M | ||
| Q2 24 | $1.3M | $89.6M | ||
| Q1 24 | $3.3M | $112.8M |
股东权益FGISTEM
| Q4 25 | $17.3M | $-249.4M | ||
| Q3 25 | $19.7M | $-235.7M | ||
| Q2 25 | $21.3M | $-214.1M | ||
| Q1 25 | $21.8M | $-417.5M | ||
| Q4 24 | $22.3M | $-398.4M | ||
| Q3 24 | $23.5M | $-344.1M | ||
| Q2 24 | $23.8M | $-203.2M | ||
| Q1 24 | $23.9M | $371.6M |
总资产FGISTEM
| Q4 25 | $69.5M | $308.9M | ||
| Q3 25 | $73.0M | $362.6M | ||
| Q2 25 | $71.7M | $379.2M | ||
| Q1 25 | $68.5M | $405.1M | ||
| Q4 24 | $75.5M | $437.4M | ||
| Q3 24 | $74.7M | $537.8M | ||
| Q2 24 | $69.9M | $691.5M | ||
| Q1 24 | $68.6M | $1.3B |
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 | $8.2M |
| 自由现金流经营现金流 - 资本支出 | $2.3M | — |
| 自由现金流率自由现金流/营收 | 7.5% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 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 | $-212.5K | — |
8季度趋势，按日历期对齐
经营现金流FGISTEM
| Q4 25 | $2.3M | $8.2M | ||
| Q3 25 | $-1.9M | $11.4M | ||
| Q2 25 | $7.6M | $-21.3M | ||
| Q1 25 | $-7.4M | $8.5M | ||
| Q4 24 | $617.4K | $-14.7M | ||
| Q3 24 | $-915.0K | $-9.4M | ||
| Q2 24 | $862.1K | $-11.9M | ||
| Q1 24 | $-8.0M | $-621.0K |
自由现金流FGISTEM
| Q4 25 | $2.3M | — | ||
| Q3 25 | $-2.1M | — | ||
| Q2 25 | $7.4M | — | ||
| Q1 25 | $-7.7M | — | ||
| Q4 24 | $-214.1K | — | ||
| Q3 24 | $-1.1M | — | ||
| Q2 24 | $281.5K | — | ||
| Q1 24 | $-8.6M | — |
自由现金流率FGISTEM
| Q4 25 | 7.5% | — | ||
| Q3 25 | -5.9% | — | ||
| Q2 25 | 23.8% | — | ||
| Q1 25 | -23.3% | — | ||
| Q4 24 | -0.6% | — | ||
| Q3 24 | -3.0% | — | ||
| Q2 24 | 1.0% | — | ||
| Q1 24 | -28.0% | — |
资本支出强度FGISTEM
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 2.0% | — | ||
| Q1 24 | 2.0% | — |
现金转化率FGISTEM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.11× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.27× | — | ||
| 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
FGI
| Sanitaryware | $19.1M | 63% |
| Shower System | $5.8M | 19% |
| Kitchen And Bath Other | $3.3M | 11% |
| Bath Furniture Products | $2.3M | 7% |
STEM
暂无分部数据
