vs
艾玛迪斯（GDS）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的季度营收约是艾玛迪斯的1.1倍（$461.6M vs $405.6M），RBC Bearings INC净利率更高（14.6% vs -0.1%，领先14.7%），RBC Bearings INC自由现金流更多（$99.1M vs $-96.3M）
西班牙跨国科技企业艾玛迪斯是全球领先的旅游技术服务商，面向航空、酒店、旅行社等各类旅游相关企业提供定制化软件解决方案，业务覆盖全球市场，助力旅游行业客户优化运营效率、提升服务体验。
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。
GDS vs RBC — 直观对比
营收规模更大
RBC
是对方的1.1倍
$405.6M
净利率更高
RBC
高出14.7%
-0.1%
自由现金流更多
RBC
多$195.4M
$-96.3M
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $405.6M | $461.6M |
| 净利润 | $-373.0K | $67.4M |
| 毛利率 | 22.1% | 44.3% |
| 营业利润率 | — | 22.3% |
| 净利率 | -0.1% | 14.6% |
| 营收同比 | — | 17.0% |
| 净利润同比 | — | 16.4% |
| 每股收益（稀释后） | — | $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
营收GDSRBC
| Q4 25 | — | $461.6M | ||
| Q3 25 | $405.6M | $455.3M | ||
| Q2 25 | $404.9M | $436.0M | ||
| Q1 25 | $375.3M | $437.7M | ||
| Q4 24 | — | $394.4M | ||
| Q3 24 | $422.6M | $397.9M | ||
| Q2 24 | $388.9M | $406.3M | ||
| Q1 24 | $363.9M | $413.7M |
净利润GDSRBC
| Q4 25 | — | $67.4M | ||
| Q3 25 | $-373.0K | $60.0M | ||
| Q2 25 | $-240.0K | $68.5M | ||
| Q1 25 | $-145.0K | $72.7M | ||
| Q4 24 | — | $57.9M | ||
| Q3 24 | $-32.9M | $54.2M | ||
| Q2 24 | $-31.9M | $61.4M | ||
| Q1 24 | $-47.8M | — |
毛利率GDSRBC
| Q4 25 | — | 44.3% | ||
| Q3 25 | 22.1% | 44.1% | ||
| Q2 25 | 23.8% | 44.8% | ||
| Q1 25 | 23.7% | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | 22.2% | 43.7% | ||
| Q2 24 | 22.6% | 45.3% | ||
| Q1 24 | 21.8% | 43.1% |
营业利润率GDSRBC
| Q4 25 | — | 22.3% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 23.0% | ||
| Q4 24 | — | 21.7% | ||
| Q3 24 | 10.8% | 21.6% | ||
| Q2 24 | 11.2% | 24.0% | ||
| Q1 24 | 8.3% | 22.8% |
净利率GDSRBC
| Q4 25 | — | 14.6% | ||
| Q3 25 | -0.1% | 13.2% | ||
| Q2 25 | -0.1% | 15.7% | ||
| Q1 25 | -0.0% | 16.6% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | -7.8% | 13.6% | ||
| Q2 24 | -8.2% | 15.1% | ||
| Q1 24 | -13.1% | — |
每股收益（稀释后）GDSRBC
| Q4 25 | — | $2.13 | ||
| Q3 25 | — | $1.90 | ||
| Q2 25 | — | $2.17 | ||
| Q1 25 | — | $2.33 | ||
| Q4 24 | — | $1.82 | ||
| Q3 24 | — | $1.65 | ||
| Q2 24 | — | $1.90 | ||
| Q1 24 | — | $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 | — | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $3.6B | $3.3B |
| 总资产 | $11.0B | $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
现金及短期投资GDSRBC
| Q4 25 | — | $107.6M | ||
| Q3 25 | — | $91.2M | ||
| Q2 25 | — | $132.9M | ||
| Q1 25 | — | $36.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $76.8M | ||
| Q1 24 | — | $63.5M |
总债务GDSRBC
| 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 |
股东权益GDSRBC
| Q4 25 | — | $3.3B | ||
| Q3 25 | $3.6B | $3.2B | ||
| Q2 25 | $3.4B | $3.1B | ||
| Q1 25 | $3.2B | $3.0B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | $2.7B | $2.9B | ||
| Q2 24 | $2.6B | $2.8B | ||
| Q1 24 | $2.6B | $2.8B |
总资产GDSRBC
| Q4 25 | — | $5.1B | ||
| Q3 25 | $11.0B | $5.1B | ||
| Q2 25 | $11.1B | $4.8B | ||
| Q1 25 | $10.1B | $4.7B | ||
| Q4 24 | — | $4.7B | ||
| Q3 24 | $11.7B | $4.7B | ||
| Q2 24 | $10.9B | $4.7B | ||
| Q1 24 | $10.5B | $4.7B |
负债/权益比GDSRBC
| 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 | $103.5M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $-96.3M | $99.1M |
| 自由现金流率自由现金流/营收 | -23.7% | 21.5% |
| 资本支出强度资本支出/营收 | 49.2% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 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GDSRBC
| Q4 25 | — | $122.1M | ||
| Q3 25 | $103.5M | $88.4M | ||
| Q2 25 | $120.8M | $120.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $84.0M | ||
| Q3 24 | $91.4M | — | ||
| Q2 24 | — | $97.4M | ||
| Q1 24 | — | — |
自由现金流GDSRBC
| Q4 25 | — | $99.1M | ||
| Q3 25 | $-96.3M | $71.7M | ||
| Q2 25 | $-55.8M | $104.3M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $73.6M | ||
| Q3 24 | $-321.7M | — | ||
| Q2 24 | — | $88.4M | ||
| Q1 24 | — | — |
自由现金流率GDSRBC
| Q4 25 | — | 21.5% | ||
| Q3 25 | -23.7% | 15.7% | ||
| Q2 25 | -13.8% | 23.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | -76.1% | — | ||
| Q2 24 | — | 21.8% | ||
| Q1 24 | — | — |
资本支出强度GDSRBC
| Q4 25 | — | 5.0% | ||
| Q3 25 | 49.2% | 3.7% | ||
| Q2 25 | 43.6% | 3.6% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | 97.7% | 4.1% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | — |
现金转化率GDSRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.59× | ||
| Q1 24 | — | — |
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
GDS
| Service revenue | $405.5M | 100% |
| Equipment sales | $2.8M | 1% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
