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GigaCloud Technology Inc（GCT）与Royalty Pharma plc（RPRX）财务数据对比。点击上方公司名可切换其他公司
Royalty Pharma plc的季度营收约是GigaCloud Technology Inc的1.9倍（$622.0M vs $332.6M），Royalty Pharma plc净利率更高（34.4% vs 11.2%，领先23.3%），GigaCloud Technology Inc同比增速更快（9.7% vs 4.8%），过去两年GigaCloud Technology Inc的营收复合增速更高（36.6% vs 4.6%）
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。
本公司是总部位于美国马萨诸塞州剑桥市的临床阶段生物制药企业，专注于研发可调节转化生长因子β（TGF-β）超家族蛋白的药物，该类蛋白在红细胞、肌肉、骨骼、血管等细胞与组织的生长修复过程中发挥核心作用。
GCT vs RPRX — 直观对比
营收规模更大
RPRX
是对方的1.9倍
$332.6M
营收增速更快
GCT
高出4.9%
4.8%
净利率更高
RPRX
高出23.3%
11.2%
两年增速更快
GCT
近两年复合增速
4.6%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $332.6M | $622.0M |
| 净利润 | $37.2M | $214.2M |
| 毛利率 | 23.2% | — |
| 营业利润率 | 12.2% | 62.4% |
| 净利率 | 11.2% | 34.4% |
| 营收同比 | 9.7% | 4.8% |
| 净利润同比 | -8.6% | 2.9% |
| 每股收益（稀释后） | $0.99 | $0.49 |
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GCTRPRX
| Q4 25 | — | $622.0M | ||
| Q3 25 | $332.6M | $609.3M | ||
| Q2 25 | $322.6M | $578.7M | ||
| Q1 25 | $271.9M | $568.2M | ||
| Q4 24 | $295.8M | $593.6M | ||
| Q3 24 | $303.3M | $564.7M | ||
| Q2 24 | $310.9M | $537.3M | ||
| Q1 24 | $251.1M | $568.0M |
净利润GCTRPRX
| Q4 25 | — | $214.2M | ||
| Q3 25 | $37.2M | $288.2M | ||
| Q2 25 | $34.6M | $30.2M | ||
| Q1 25 | $27.1M | $238.3M | ||
| Q4 24 | $31.0M | $208.2M | ||
| Q3 24 | $40.7M | $544.0M | ||
| Q2 24 | $27.0M | $102.0M | ||
| Q1 24 | $27.2M | $4.8M |
毛利率GCTRPRX
| Q4 25 | — | — | ||
| Q3 25 | 23.2% | — | ||
| Q2 25 | 23.9% | — | ||
| Q1 25 | 23.4% | — | ||
| Q4 24 | 22.0% | — | ||
| Q3 24 | 25.5% | — | ||
| Q2 24 | 24.6% | — | ||
| Q1 24 | 26.5% | — |
营业利润率GCTRPRX
| Q4 25 | — | 62.4% | ||
| Q3 25 | 12.2% | 70.1% | ||
| Q2 25 | 11.1% | 36.3% | ||
| Q1 25 | 10.4% | 94.0% | ||
| Q4 24 | 9.3% | 60.9% | ||
| Q3 24 | 13.4% | — | ||
| Q2 24 | 8.8% | 50.2% | ||
| Q1 24 | 13.9% | -13.0% |
净利率GCTRPRX
| Q4 25 | — | 34.4% | ||
| Q3 25 | 11.2% | 47.3% | ||
| Q2 25 | 10.7% | 5.2% | ||
| Q1 25 | 10.0% | 41.9% | ||
| Q4 24 | 10.5% | 35.1% | ||
| Q3 24 | 13.4% | 96.3% | ||
| Q2 24 | 8.7% | 19.0% | ||
| Q1 24 | 10.8% | 0.8% |
每股收益（稀释后）GCTRPRX
| Q4 25 | — | $0.49 | ||
| Q3 25 | $0.99 | $0.67 | ||
| Q2 25 | $0.91 | $0.07 | ||
| Q1 25 | $0.68 | $0.55 | ||
| Q4 24 | $0.76 | $0.46 | ||
| Q3 24 | $0.98 | $1.21 | ||
| Q2 24 | $0.65 | $0.23 | ||
| Q1 24 | $0.66 | $0.01 |
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 | $618.7M |
| 总债务越低越好 | — | $9.0B |
| 股东权益账面价值 | $457.3M | $9.7B |
| 总资产 | $1.1B | $19.6B |
| 负债/权益比越低杠杆越低 | — | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资GCTRPRX
| Q4 25 | — | $618.7M | ||
| Q3 25 | $365.9M | $938.9M | ||
| Q2 25 | $303.0M | $631.9M | ||
| Q1 25 | $286.8M | $1.1B | ||
| Q4 24 | $302.4M | $929.0M | ||
| Q3 24 | $259.8M | $950.1M | ||
| Q2 24 | $207.8M | $1.8B | ||
| Q1 24 | $195.3M | $843.0M |
总债务GCTRPRX
| Q4 25 | — | $9.0B | ||
| Q3 25 | — | $8.9B | ||
| Q2 25 | — | $8.0B | ||
| Q1 25 | — | $7.6B | ||
| Q4 24 | — | $7.6B | ||
| Q3 24 | — | $7.6B | ||
| Q2 24 | — | $7.6B | ||
| Q1 24 | — | $6.1B |
股东权益GCTRPRX
| Q4 25 | — | $9.7B | ||
| Q3 25 | $457.3M | $9.6B | ||
| Q2 25 | $431.4M | $9.5B | ||
| Q1 25 | $412.9M | $9.8B | ||
| Q4 24 | $405.2M | $10.3B | ||
| Q3 24 | $400.4M | $10.3B | ||
| Q2 24 | $358.4M | $9.8B | ||
| Q1 24 | $317.8M | $9.9B |
总资产GCTRPRX
| Q4 25 | — | $19.6B | ||
| Q3 25 | $1.1B | $19.3B | ||
| Q2 25 | $1.1B | $18.3B | ||
| Q1 25 | $1.1B | $17.6B | ||
| Q4 24 | $1.1B | $18.2B | ||
| Q3 24 | $1.1B | $18.0B | ||
| Q2 24 | $1.1B | $17.7B | ||
| Q1 24 | $977.6M | $16.1B |
负债/权益比GCTRPRX
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | — | 0.84× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.78× | ||
| Q1 24 | — | 0.62× |
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 | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $77.1M | — |
| 自由现金流率自由现金流/营收 | 23.2% | — |
| 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 | 2.10× | 3.86× |
| 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
经营现金流GCTRPRX
| Q4 25 | — | $827.1M | ||
| Q3 25 | $78.3M | $702.6M | ||
| Q2 25 | $38.6M | $364.0M | ||
| Q1 25 | $9.4M | $596.1M | ||
| Q4 24 | $68.4M | $742.5M | ||
| Q3 24 | $55.2M | $703.6M | ||
| Q2 24 | $19.1M | $658.2M | ||
| Q1 24 | $15.3M | $664.6M |
自由现金流GCTRPRX
| Q4 25 | — | — | ||
| Q3 25 | $77.1M | — | ||
| Q2 25 | $37.0M | — | ||
| Q1 25 | $7.0M | — | ||
| Q4 24 | $66.9M | — | ||
| Q3 24 | $51.4M | — | ||
| Q2 24 | $12.9M | — | ||
| Q1 24 | $11.3M | — |
自由现金流率GCTRPRX
| Q4 25 | — | — | ||
| Q3 25 | 23.2% | — | ||
| Q2 25 | 11.5% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 22.6% | — | ||
| Q3 24 | 16.9% | — | ||
| Q2 24 | 4.2% | — | ||
| Q1 24 | 4.5% | — |
资本支出强度GCTRPRX
| Q4 25 | — | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | 2.0% | — | ||
| Q1 24 | 1.6% | — |
现金转化率GCTRPRX
| Q4 25 | — | 3.86× | ||
| Q3 25 | 2.10× | 2.44× | ||
| Q2 25 | 1.12× | 12.06× | ||
| Q1 25 | 0.35× | 2.50× | ||
| Q4 24 | 2.21× | 3.57× | ||
| Q3 24 | 1.36× | 1.29× | ||
| Q2 24 | 0.71× | 6.45× | ||
| Q1 24 | 0.56× | 139.10× |
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% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
