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协鑫环球控股有限公司（GCL）与牛津地产（IIPR）财务数据对比。点击上方公司名可切换其他公司
协鑫环球控股有限公司的季度营收约是牛津地产的1.5倍（$98.7M vs $66.7M），牛津地产净利率更高（47.8% vs -5.2%，领先52.9%）
协鑫环球控股有限公司是全球领先的清洁能源企业，主营光伏产品、储能系统与低碳能源解决方案的研发、生产及运营，业务覆盖亚、欧、北美等地区，服务于集中式电站、工商业及户用分布式能源客户。
牛津地产是一家加拿大跨国企业，业务涵盖房地产投资、开发与物业管理。其投资组合包含写字楼、零售、工业、多户住宅、生命科学及酒店类资产。该公司1960年以私营企业形式创立，自2003年起成为安大略省市政雇员退休系统（OMERS）的全资子公司，总部设于多伦多，在纽约、伦敦、澳大利亚、新加坡及卢森堡均设有区域总部。
GCL vs IIPR — 直观对比
营收规模更大
GCL
是对方的1.5倍
$66.7M
净利率更高
IIPR
高出52.9%
-5.2%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $98.7M | $66.7M |
| 净利润 | $-5.1M | $31.8M |
| 毛利率 | 11.0% | — |
| 营业利润率 | -6.7% | 47.8% |
| 净利率 | -5.2% | 47.8% |
| 营收同比 | — | -13.1% |
| 净利润同比 | — | -20.4% |
| 每股收益（稀释后） | $-0.04 | $1.07 |
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GCLIIPR
| Q4 25 | — | $66.7M | ||
| Q3 25 | $98.7M | $64.7M | ||
| Q2 25 | $142.1M | $62.9M | ||
| Q1 25 | — | $71.7M | ||
| Q4 24 | — | $76.7M | ||
| Q3 24 | $36.1M | $76.5M | ||
| Q2 24 | — | $79.8M | ||
| Q1 24 | — | $75.5M |
净利润GCLIIPR
| Q4 25 | — | $31.8M | ||
| Q3 25 | $-5.1M | $29.3M | ||
| Q2 25 | $5.6M | $26.0M | ||
| Q1 25 | — | $31.1M | ||
| Q4 24 | — | $40.0M | ||
| Q3 24 | $-1.9M | $40.2M | ||
| Q2 24 | — | $42.0M | ||
| Q1 24 | — | $39.4M |
毛利率GCLIIPR
| Q4 25 | — | — | ||
| Q3 25 | 11.0% | — | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 16.2% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率GCLIIPR
| Q4 25 | — | 47.8% | ||
| Q3 25 | -6.7% | 45.5% | ||
| Q2 25 | 2.3% | 45.9% | ||
| Q1 25 | — | 47.4% | ||
| Q4 24 | — | 54.7% | ||
| Q3 24 | -5.6% | 54.8% | ||
| Q2 24 | — | 53.1% | ||
| Q1 24 | — | 55.7% |
净利率GCLIIPR
| Q4 25 | — | 47.8% | ||
| Q3 25 | -5.2% | 45.3% | ||
| Q2 25 | 3.9% | 41.4% | ||
| Q1 25 | — | 43.3% | ||
| Q4 24 | — | 52.2% | ||
| Q3 24 | -5.2% | 52.6% | ||
| Q2 24 | — | 52.6% | ||
| Q1 24 | — | 52.3% |
每股收益（稀释后）GCLIIPR
| Q4 25 | — | $1.07 | ||
| Q3 25 | $-0.04 | $0.97 | ||
| Q2 25 | $0.05 | $0.86 | ||
| Q1 25 | — | $1.03 | ||
| Q4 24 | — | $1.35 | ||
| Q3 24 | — | $1.37 | ||
| Q2 24 | — | $1.44 | ||
| Q1 24 | — | $1.36 |
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 | $16.6M | $47.6M |
| 总债务越低越好 | $52.0M | $393.7M |
| 股东权益账面价值 | $33.1M | $1.8B |
| 总资产 | $159.9M | $2.4B |
| 负债/权益比越低杠杆越低 | 1.57× | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资GCLIIPR
| Q4 25 | — | $47.6M | ||
| Q3 25 | $16.6M | $41.9M | ||
| Q2 25 | $18.2M | $104.9M | ||
| Q1 25 | — | $133.3M | ||
| Q4 24 | — | $151.2M | ||
| Q3 24 | $2.7M | $172.4M | ||
| Q2 24 | — | $160.9M | ||
| Q1 24 | — | $173.5M |
总债务GCLIIPR
| Q4 25 | — | $393.7M | ||
| Q3 25 | $52.0M | — | ||
| Q2 25 | $11.9M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益GCLIIPR
| Q4 25 | — | $1.8B | ||
| Q3 25 | $33.1M | $1.9B | ||
| Q2 25 | $35.9M | $1.9B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $15.9M | $1.9B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | — | $2.0B |
总资产GCLIIPR
| Q4 25 | — | $2.4B | ||
| Q3 25 | $159.9M | $2.3B | ||
| Q2 25 | $101.6M | $2.3B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | $49.6M | $2.4B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.4B |
负债/权益比GCLIIPR
| Q4 25 | — | 0.21× | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $-4.8M | $198.2M |
| 自由现金流经营现金流 - 资本支出 | $-5.2M | — |
| 自由现金流率自由现金流/营收 | -5.3% | — |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 现金转化率经营现金流/净利润 | — | 6.22× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流GCLIIPR
| Q4 25 | — | $198.2M | ||
| Q3 25 | $-4.8M | $45.6M | ||
| Q2 25 | $-10.3M | $48.4M | ||
| Q1 25 | — | $54.2M | ||
| Q4 24 | — | $258.4M | ||
| Q3 24 | $6.1M | $64.9M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $71.6M |
自由现金流GCLIIPR
| Q4 25 | — | — | ||
| Q3 25 | $-5.2M | — | ||
| Q2 25 | $-10.5M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率GCLIIPR
| Q4 25 | — | — | ||
| Q3 25 | -5.3% | — | ||
| Q2 25 | -7.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度GCLIIPR
| Q4 25 | — | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率GCLIIPR
| Q4 25 | — | 6.22× | ||
| Q3 25 | — | 1.56× | ||
| Q2 25 | -1.84× | 1.86× | ||
| Q1 25 | — | 1.75× | ||
| Q4 24 | — | 6.46× | ||
| Q3 24 | — | 1.61× | ||
| Q2 24 | — | 1.53× | ||
| Q1 24 | — | 1.82× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
