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GigaCloud Technology Inc（GCT）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是GigaCloud Technology Inc的1.4倍（$461.6M vs $332.6M），RBC Bearings INC净利率更高（14.6% vs 11.2%，领先3.4%），RBC Bearings INC同比增速更快（17.0% vs 9.7%），RBC Bearings INC自由现金流更多（$99.1M vs $77.1M），过去两年GigaCloud Technology Inc的营收复合增速更高（36.6% vs 5.6%）
GigaCloud Technology Inc是一家美国电商企业，主打家具、家电、健身器材等体积较大、规格不统一商品的B2B交易，旗下拥有线上B2B交易平台，业务覆盖撮合交易、全程物流直至终端配送环节。公司总部位于加利福尼亚州埃尔蒙特，自2022年8月起在纳斯达克挂牌上市。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
GCT vs RBC — 直观对比
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $332.6M | $461.6M |
| 净利润 | $37.2M | $67.4M |
| 毛利率 | 23.2% | 44.3% |
| 营业利润率 | 12.2% | 22.3% |
| 净利率 | 11.2% | 14.6% |
| 营收同比 | 9.7% | 17.0% |
| 净利润同比 | -8.6% | 16.4% |
| 每股收益（稀释后） | $0.99 | $2.13 |
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
| Q4 25 | — | $461.6M | ||
| Q3 25 | $332.6M | $455.3M | ||
| Q2 25 | $322.6M | $436.0M | ||
| Q1 25 | $271.9M | $437.7M | ||
| Q4 24 | $295.8M | $394.4M | ||
| Q3 24 | $303.3M | $397.9M | ||
| Q2 24 | $310.9M | $406.3M | ||
| Q1 24 | $251.1M | $413.7M |
| Q4 25 | — | $67.4M | ||
| Q3 25 | $37.2M | $60.0M | ||
| Q2 25 | $34.6M | $68.5M | ||
| Q1 25 | $27.1M | $72.7M | ||
| Q4 24 | $31.0M | $57.9M | ||
| Q3 24 | $40.7M | $54.2M | ||
| Q2 24 | $27.0M | $61.4M | ||
| Q1 24 | $27.2M | — |
| Q4 25 | — | 44.3% | ||
| Q3 25 | 23.2% | 44.1% | ||
| Q2 25 | 23.9% | 44.8% | ||
| Q1 25 | 23.4% | 44.2% | ||
| Q4 24 | 22.0% | 44.3% | ||
| Q3 24 | 25.5% | 43.7% | ||
| Q2 24 | 24.6% | 45.3% | ||
| Q1 24 | 26.5% | 43.1% |
| Q4 25 | — | 22.3% | ||
| Q3 25 | 12.2% | 21.5% | ||
| Q2 25 | 11.1% | 23.2% | ||
| Q1 25 | 10.4% | 23.0% | ||
| Q4 24 | 9.3% | 21.7% | ||
| Q3 24 | 13.4% | 21.6% | ||
| Q2 24 | 8.8% | 24.0% | ||
| Q1 24 | 13.9% | 22.8% |
| Q4 25 | — | 14.6% | ||
| Q3 25 | 11.2% | 13.2% | ||
| Q2 25 | 10.7% | 15.7% | ||
| Q1 25 | 10.0% | 16.6% | ||
| Q4 24 | 10.5% | 14.7% | ||
| Q3 24 | 13.4% | 13.6% | ||
| Q2 24 | 8.7% | 15.1% | ||
| Q1 24 | 10.8% | — |
| Q4 25 | — | $2.13 | ||
| Q3 25 | $0.99 | $1.90 | ||
| Q2 25 | $0.91 | $2.17 | ||
| Q1 25 | $0.68 | $2.33 | ||
| Q4 24 | $0.76 | $1.82 | ||
| Q3 24 | $0.98 | $1.65 | ||
| Q2 24 | $0.65 | $1.90 | ||
| Q1 24 | $0.66 | $1.92 |
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 | $365.9M | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $457.3M | $3.3B |
| 总资产 | $1.1B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
| Q4 25 | — | $107.6M | ||
| Q3 25 | $365.9M | $91.2M | ||
| Q2 25 | $303.0M | $132.9M | ||
| Q1 25 | $286.8M | $36.8M | ||
| Q4 24 | $302.4M | — | ||
| Q3 24 | $259.8M | — | ||
| Q2 24 | $207.8M | $76.8M | ||
| Q1 24 | $195.3M | $63.5M |
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.2B |
| Q4 25 | — | $3.3B | ||
| Q3 25 | $457.3M | $3.2B | ||
| Q2 25 | $431.4M | $3.1B | ||
| Q1 25 | $412.9M | $3.0B | ||
| Q4 24 | $405.2M | $2.9B | ||
| Q3 24 | $400.4M | $2.9B | ||
| Q2 24 | $358.4M | $2.8B | ||
| Q1 24 | $317.8M | $2.8B |
| Q4 25 | — | $5.1B | ||
| Q3 25 | $1.1B | $5.1B | ||
| Q2 25 | $1.1B | $4.8B | ||
| Q1 25 | $1.1B | $4.7B | ||
| Q4 24 | $1.1B | $4.7B | ||
| Q3 24 | $1.1B | $4.7B | ||
| Q2 24 | $1.1B | $4.7B | ||
| Q1 24 | $977.6M | $4.7B |
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.43× |
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 | $78.3M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $77.1M | $99.1M |
| 自由现金流率自由现金流/营收 | 23.2% | 21.5% |
| 资本支出强度资本支出/营收 | 0.4% | 5.0% |
| 现金转化率经营现金流/净利润 | 2.10× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $188.1M | — |
8季度趋势，按日历期对齐
| Q4 25 | — | $122.1M | ||
| Q3 25 | $78.3M | $88.4M | ||
| Q2 25 | $38.6M | $120.0M | ||
| Q1 25 | $9.4M | — | ||
| Q4 24 | $68.4M | $84.0M | ||
| Q3 24 | $55.2M | — | ||
| Q2 24 | $19.1M | $97.4M | ||
| Q1 24 | $15.3M | — |
| Q4 25 | — | $99.1M | ||
| Q3 25 | $77.1M | $71.7M | ||
| Q2 25 | $37.0M | $104.3M | ||
| Q1 25 | $7.0M | — | ||
| Q4 24 | $66.9M | $73.6M | ||
| Q3 24 | $51.4M | — | ||
| Q2 24 | $12.9M | $88.4M | ||
| Q1 24 | $11.3M | — |
| Q4 25 | — | 21.5% | ||
| Q3 25 | 23.2% | 15.7% | ||
| Q2 25 | 11.5% | 23.9% | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 22.6% | 18.7% | ||
| Q3 24 | 16.9% | — | ||
| Q2 24 | 4.2% | 21.8% | ||
| Q1 24 | 4.5% | — |
| Q4 25 | — | 5.0% | ||
| Q3 25 | 0.4% | 3.7% | ||
| Q2 25 | 0.5% | 3.6% | ||
| Q1 25 | 0.9% | 3.2% | ||
| Q4 24 | 0.5% | 2.6% | ||
| Q3 24 | 1.3% | 4.1% | ||
| Q2 24 | 2.0% | 2.2% | ||
| Q1 24 | 1.6% | — |
| Q4 25 | — | 1.81× | ||
| Q3 25 | 2.10× | 1.47× | ||
| Q2 25 | 1.12× | 1.75× | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 2.21× | 1.45× | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 0.71× | 1.59× | ||
| Q1 24 | 0.56× | — |
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
GCT
| Services | $108.4M | 33% |
| Transferred Over Time | $89.8M | 27% |
| Product Sales To B | $50.1M | 15% |
| Last Mile Delivery Service | $49.2M | 15% |
| Warehousing Service | $14.2M | 4% |
| Ocean Transportation Service | $9.0M | 3% |
| Platform Commission | $4.9M | 1% |
| Drayage Service | $3.2M | 1% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
