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FTC Solar, Inc.（FTCI）与READING INTERNATIONAL INC（RDI）财务数据对比。点击上方公司名可切换其他公司
READING INTERNATIONAL INC的季度营收约是FTC Solar, Inc.的1.5倍（$50.3M vs $32.9M），READING INTERNATIONAL INC净利率更高（-5.1% vs -110.7%，领先105.6%），FTC Solar, Inc.同比增速更快（148.9% vs -14.2%），READING INTERNATIONAL INC自由现金流更多（$4.1M vs $-8.4M），过去两年FTC Solar, Inc.的营收复合增速更高（61.6% vs 5.6%）
FTC Solar是全球领先的太阳能跟踪系统供应商，主要研发、生产和销售太阳能跟踪支架、配套组件及相关软件解决方案，服务于公用事业级、工商业光伏项目领域，业务覆盖全球主要市场，助力客户提升光伏发电效率、降低项目成本。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
FTCI vs RDI — 直观对比
营收规模更大
RDI
是对方的1.5倍
$32.9M
营收增速更快
FTCI
高出163.1%
-14.2%
净利率更高
RDI
高出105.6%
-110.7%
自由现金流更多
RDI
多$12.6M
$-8.4M
两年增速更快
FTCI
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $32.9M | $50.3M |
| 净利润 | $-36.4M | $-2.6M |
| 毛利率 | 14.9% | — |
| 营业利润率 | -17.2% | -1.9% |
| 净利率 | -110.7% | -5.1% |
| 营收同比 | 148.9% | -14.2% |
| 净利润同比 | -197.4% | -14.5% |
| 每股收益（稀释后） | $-2.31 | $-0.11 |
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FTCIRDI
| Q4 25 | $32.9M | $50.3M | ||
| Q3 25 | $26.0M | $52.2M | ||
| Q2 25 | $20.0M | $60.4M | ||
| Q1 25 | $20.8M | $40.2M | ||
| Q4 24 | $13.2M | $58.6M | ||
| Q3 24 | $10.1M | $60.1M | ||
| Q2 24 | $11.4M | $46.8M | ||
| Q1 24 | $12.6M | $45.1M |
净利润FTCIRDI
| Q4 25 | $-36.4M | $-2.6M | ||
| Q3 25 | $-23.9M | $-4.2M | ||
| Q2 25 | $-15.4M | $-2.7M | ||
| Q1 25 | $-3.8M | $-4.8M | ||
| Q4 24 | $-12.2M | $-2.2M | ||
| Q3 24 | $-15.4M | $-7.0M | ||
| Q2 24 | $-12.2M | $-12.8M | ||
| Q1 24 | $-8.8M | $-13.2M |
毛利率FTCIRDI
| Q4 25 | 14.9% | — | ||
| Q3 25 | 6.1% | — | ||
| Q2 25 | -19.6% | — | ||
| Q1 25 | -16.6% | — | ||
| Q4 24 | -29.1% | — | ||
| Q3 24 | -42.5% | — | ||
| Q2 24 | -20.5% | — | ||
| Q1 24 | -16.7% | — |
营业利润率FTCIRDI
| Q4 25 | -17.2% | -1.9% | ||
| Q3 25 | -29.6% | -0.6% | ||
| Q2 25 | -57.5% | 4.8% | ||
| Q1 25 | -50.8% | -17.2% | ||
| Q4 24 | -101.7% | 2.6% | ||
| Q3 24 | -147.8% | -0.6% | ||
| Q2 24 | -104.3% | -16.4% | ||
| Q1 24 | -99.3% | -16.7% |
净利率FTCIRDI
| Q4 25 | -110.7% | -5.1% | ||
| Q3 25 | -92.0% | -8.0% | ||
| Q2 25 | -77.2% | -4.4% | ||
| Q1 25 | -18.4% | -11.8% | ||
| Q4 24 | -92.7% | -3.8% | ||
| Q3 24 | -151.5% | -11.7% | ||
| Q2 24 | -107.1% | -27.4% | ||
| Q1 24 | -69.7% | -29.4% |
每股收益（稀释后）FTCIRDI
| Q4 25 | $-2.31 | $-0.11 | ||
| Q3 25 | $-1.61 | $-0.18 | ||
| Q2 25 | $-1.18 | $-0.12 | ||
| Q1 25 | $-0.58 | $-0.21 | ||
| Q4 24 | $-0.95 | $-0.11 | ||
| Q3 24 | $-1.21 | $-0.31 | ||
| Q2 24 | $-0.97 | $-0.57 | ||
| Q1 24 | $-0.70 | $-0.59 |
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 | $21.1M | $10.5M |
| 总债务越低越好 | $9.9M | $185.1M |
| 股东权益账面价值 | $-43.0M | $-18.2M |
| 总资产 | $111.8M | $434.9M |
| 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FTCIRDI
| Q4 25 | $21.1M | $10.5M | ||
| Q3 25 | $24.4M | $8.1M | ||
| Q2 25 | $3.5M | $9.1M | ||
| Q1 25 | $5.9M | $5.9M | ||
| Q4 24 | $11.2M | $12.4M | ||
| Q3 24 | $8.3M | $10.1M | ||
| Q2 24 | $10.8M | $9.3M | ||
| Q1 24 | $14.0M | $7.5M |
总债务FTCIRDI
| Q4 25 | $9.9M | $185.1M | ||
| Q3 25 | $16.6M | — | ||
| Q2 25 | $10.9M | — | ||
| Q1 25 | $10.2M | — | ||
| Q4 24 | $9.5M | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FTCIRDI
| Q4 25 | $-43.0M | $-18.2M | ||
| Q3 25 | $-13.7M | $-12.1M | ||
| Q2 25 | $9.0M | $-7.7M | ||
| Q1 25 | $15.5M | $-8.1M | ||
| Q4 24 | $19.0M | $-4.4M | ||
| Q3 24 | $30.4M | $1.6M | ||
| Q2 24 | $44.2M | $6.5M | ||
| Q1 24 | $55.2M | $18.0M |
总资产FTCIRDI
| Q4 25 | $111.8M | $434.9M | ||
| Q3 25 | $111.5M | $435.2M | ||
| Q2 25 | $83.0M | $438.1M | ||
| Q1 25 | $84.1M | $441.0M | ||
| Q4 24 | $89.9M | $471.0M | ||
| Q3 24 | $91.7M | $495.7M | ||
| Q2 24 | $100.3M | $494.9M | ||
| Q1 24 | $115.0M | $494.9M |
负债/权益比FTCIRDI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.20× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.50× | — | ||
| 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 | $-8.0M | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $-8.4M | $4.1M |
| 自由现金流率自由现金流/营收 | -25.7% | 8.2% |
| 资本支出强度资本支出/营收 | 1.3% | 0.3% |
| 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 | $-34.6M | $-2.9M |
8季度趋势，按日历期对齐
经营现金流FTCIRDI
| Q4 25 | $-8.0M | $4.3M | ||
| Q3 25 | $-14.6M | $295.0K | ||
| Q2 25 | $-2.3M | $1.6M | ||
| Q1 25 | $-8.5M | $-7.7M | ||
| Q4 24 | $-16.7M | $8.0M | ||
| Q3 24 | $-2.4M | $1.3M | ||
| Q2 24 | $-3.8M | $-10.4M | ||
| Q1 24 | $-11.9M | $-2.8M |
自由现金流FTCIRDI
| Q4 25 | $-8.4M | $4.1M | ||
| Q3 25 | $-15.1M | $-246.0K | ||
| Q2 25 | $-2.5M | $1.2M | ||
| Q1 25 | $-8.6M | $-8.0M | ||
| Q4 24 | $-17.0M | $7.0M | ||
| Q3 24 | $-2.6M | $-1.1M | ||
| Q2 24 | $-4.5M | $-10.6M | ||
| Q1 24 | $-12.3M | $-4.7M |
自由现金流率FTCIRDI
| Q4 25 | -25.7% | 8.2% | ||
| Q3 25 | -57.9% | -0.5% | ||
| Q2 25 | -12.4% | 1.9% | ||
| Q1 25 | -41.2% | -19.8% | ||
| Q4 24 | -128.6% | 12.0% | ||
| Q3 24 | -25.6% | -1.8% | ||
| Q2 24 | -39.2% | -22.7% | ||
| Q1 24 | -97.6% | -10.4% |
资本支出强度FTCIRDI
| Q4 25 | 1.3% | 0.3% | ||
| Q3 25 | 1.7% | 1.0% | ||
| Q2 25 | 0.9% | 0.6% | ||
| Q1 25 | 0.4% | 0.6% | ||
| Q4 24 | 2.2% | 1.7% | ||
| Q3 24 | 2.2% | 4.0% | ||
| Q2 24 | 6.1% | 0.5% | ||
| Q1 24 | 3.4% | 4.3% |
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
FTCI
| Products | $26.2M | 80% |
| Services | $6.7M | 20% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
