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FLEXIBLE SOLUTIONS INTERNATIONAL INC（FSI）与NexPoint Real Estate Finance, Inc.（NREF）财务数据对比。点击上方公司名可切换其他公司
NexPoint Real Estate Finance, Inc.的季度营收约是FLEXIBLE SOLUTIONS INTERNATIONAL INC的1.2倍（$11.1M vs $9.1M），NexPoint Real Estate Finance, Inc.净利率更高（216.6% vs -5.1%，领先221.7%），FLEXIBLE SOLUTIONS INTERNATIONAL INC同比增速更快（-0.5% vs -48.8%）
Flexible Solutions International Inc是一家专注研发生产特种化学品的企业，核心产品包括水体蒸发抑制剂、农作物增产助剂、泳池保温剂等，服务北美及全球农业、水务领域客户。
NexPoint Real Estate Finance, Inc.是一家总部位于美国的商业地产金融企业，主要为多户住宅、写字楼、工业及酒店物业提供结构化融资方案，运营并管理抵押贷款及其他地产相关投资组合，为利益相关方提供经风险调整的稳定回报。
FSI vs NREF — 直观对比
营收规模更大
NREF
是对方的1.2倍
$9.1M
营收增速更快
FSI
高出48.3%
-48.8%
净利率更高
NREF
高出221.7%
-5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $9.1M | $11.1M |
| 净利润 | $-460.9K | $24.0M |
| 毛利率 | 29.4% | — |
| 营业利润率 | 11.6% | — |
| 净利率 | -5.1% | 216.6% |
| 营收同比 | -0.5% | -48.8% |
| 净利润同比 | -167.8% | 58.7% |
| 每股收益（稀释后） | $-0.03 | $0.47 |
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FSINREF
| Q4 25 | $9.1M | $11.1M | ||
| Q3 25 | $10.6M | $12.5M | ||
| Q2 25 | $11.4M | $12.1M | ||
| Q1 25 | $7.5M | $11.5M | ||
| Q4 24 | $9.2M | $21.7M | ||
| Q3 24 | $9.3M | $12.5M | ||
| Q2 24 | $10.5M | $6.7M | ||
| Q1 24 | $9.2M | $-12.8M |
净利润FSINREF
| Q4 25 | $-460.9K | $24.0M | ||
| Q3 25 | $-503.4K | $50.9M | ||
| Q2 25 | $2.0M | $22.3M | ||
| Q1 25 | $-277.7K | $26.0M | ||
| Q4 24 | $679.6K | $15.2M | ||
| Q3 24 | $611.9K | $23.3M | ||
| Q2 24 | $1.3M | $12.1M | ||
| Q1 24 | $457.2K | $-14.6M |
毛利率FSINREF
| Q4 25 | 29.4% | — | ||
| Q3 25 | 23.9% | — | ||
| Q2 25 | 47.4% | — | ||
| Q1 25 | 26.1% | — | ||
| Q4 24 | 29.2% | — | ||
| Q3 24 | 40.9% | — | ||
| Q2 24 | 37.4% | — | ||
| Q1 24 | 30.6% | — |
营业利润率FSINREF
| Q4 25 | 11.6% | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 29.0% | — | ||
| Q1 25 | -0.9% | — | ||
| Q4 24 | 9.4% | — | ||
| Q3 24 | 20.5% | — | ||
| Q2 24 | 18.7% | — | ||
| Q1 24 | 8.3% | — |
净利率FSINREF
| Q4 25 | -5.1% | 216.6% | ||
| Q3 25 | -4.8% | 407.0% | ||
| Q2 25 | 17.8% | 184.5% | ||
| Q1 25 | -3.7% | 225.6% | ||
| Q4 24 | 7.4% | 69.9% | ||
| Q3 24 | 6.6% | 186.4% | ||
| Q2 24 | 12.3% | 179.7% | ||
| Q1 24 | 5.0% | 114.3% |
每股收益（稀释后）FSINREF
| Q4 25 | $-0.03 | $0.47 | ||
| Q3 25 | $-0.04 | $1.14 | ||
| Q2 25 | $0.15 | $0.54 | ||
| Q1 25 | $-0.02 | $0.70 | ||
| Q4 24 | $0.05 | $0.71 | ||
| Q3 24 | $0.05 | $0.74 | ||
| Q2 24 | $0.10 | $0.40 | ||
| Q1 24 | $0.04 | $-0.83 |
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 | — | $31.1M |
| 总债务越低越好 | $4.4M | $771.2M |
| 股东权益账面价值 | $38.9M | $388.0M |
| 总资产 | $61.8M | $5.3B |
| 负债/权益比越低杠杆越低 | 0.11× | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资FSINREF
| Q4 25 | — | $31.1M | ||
| Q3 25 | — | $17.9M | ||
| Q2 25 | $10.0M | $9.1M | ||
| Q1 25 | $11.0M | $19.2M | ||
| Q4 24 | $10.0M | $3.9M | ||
| Q3 24 | $13.0M | $34.7M | ||
| Q2 24 | $9.2M | $4.3M | ||
| Q1 24 | $8.3M | $13.5M |
总债务FSINREF
| Q4 25 | $4.4M | $771.2M | ||
| Q3 25 | $7.1M | $720.9M | ||
| Q2 25 | $7.5M | $815.6M | ||
| Q1 25 | $8.1M | $831.5M | ||
| Q4 24 | $8.8M | $799.3M | ||
| Q3 24 | $9.4M | $815.5M | ||
| Q2 24 | $8.3M | $861.0M | ||
| Q1 24 | $8.0M | $843.3M |
股东权益FSINREF
| Q4 25 | $38.9M | $388.0M | ||
| Q3 25 | $39.0M | $375.4M | ||
| Q2 25 | $39.4M | $348.2M | ||
| Q1 25 | $38.4M | $343.7M | ||
| Q4 24 | $38.0M | $336.5M | ||
| Q3 24 | $36.9M | $335.8M | ||
| Q2 24 | $36.2M | $327.5M | ||
| Q1 24 | $36.0M | $327.1M |
总资产FSINREF
| Q4 25 | $61.8M | $5.3B | ||
| Q3 25 | $58.4M | $5.3B | ||
| Q2 25 | $58.2M | $5.4B | ||
| Q1 25 | $61.7M | $5.4B | ||
| Q4 24 | $60.0M | $5.4B | ||
| Q3 24 | $57.8M | $5.7B | ||
| Q2 24 | $56.3M | $6.6B | ||
| Q1 24 | $57.6M | $7.1B |
负债/权益比FSINREF
| Q4 25 | 0.11× | 1.99× | ||
| Q3 25 | 0.18× | 1.92× | ||
| Q2 25 | 0.19× | 2.34× | ||
| Q1 25 | 0.21× | 2.42× | ||
| Q4 24 | 0.23× | 2.38× | ||
| Q3 24 | 0.25× | 2.43× | ||
| Q2 24 | 0.23× | 2.63× | ||
| Q1 24 | 0.22× | 2.58× |
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 | $-3.0M | $-4.5M |
| 自由现金流经营现金流 - 资本支出 | $-4.0M | — |
| 自由现金流率自由现金流/营收 | -44.3% | — |
| 资本支出强度资本支出/营收 | 11.7% | — |
| 现金转化率经营现金流/净利润 | — | -0.19× |
| 过去12个月自由现金流最近4个季度 | $-591.7K | — |
8季度趋势，按日历期对齐
经营现金流FSINREF
| Q4 25 | $-3.0M | $-4.5M | ||
| Q3 25 | $2.0M | $8.1M | ||
| Q2 25 | $5.3M | $3.3M | ||
| Q1 25 | $-544.3K | $16.0M | ||
| Q4 24 | $-2.2M | $4.4M | ||
| Q3 24 | $2.5M | $14.7M | ||
| Q2 24 | $5.9M | $-7.5M | ||
| Q1 24 | $-604.8K | $17.7M |
自由现金流FSINREF
| Q4 25 | $-4.0M | — | ||
| Q3 25 | $39.4K | — | ||
| Q2 25 | $4.3M | — | ||
| Q1 25 | $-898.4K | — | ||
| Q4 24 | $-4.3M | — | ||
| Q3 24 | $1.3M | — | ||
| Q2 24 | $4.7M | — | ||
| Q1 24 | $-1.1M | — |
自由现金流率FSINREF
| Q4 25 | -44.3% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 37.9% | — | ||
| Q1 25 | -12.0% | — | ||
| Q4 24 | -47.0% | — | ||
| Q3 24 | 13.6% | — | ||
| Q2 24 | 44.9% | — | ||
| Q1 24 | -11.7% | — |
资本支出强度FSINREF
| Q4 25 | 11.7% | — | ||
| Q3 25 | 18.7% | — | ||
| Q2 25 | 8.6% | — | ||
| Q1 25 | 4.7% | — | ||
| Q4 24 | 22.8% | — | ||
| Q3 24 | 13.0% | — | ||
| Q2 24 | 11.3% | — | ||
| Q1 24 | 5.2% | — |
现金转化率FSINREF
| Q4 25 | — | -0.19× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | 2.60× | 0.15× | ||
| Q1 25 | — | 0.62× | ||
| Q4 24 | -3.27× | 0.29× | ||
| Q3 24 | 4.05× | 0.63× | ||
| Q2 24 | 4.59× | -0.62× | ||
| Q1 24 | -1.32× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
