vs
格罗方德（GFS）与百济神州（ONC）财务数据对比。点击上方公司名可切换其他公司
格罗方德的季度营收约是百济神州的1.1倍（$1.7B vs $1.5B），格罗方德净利率更高（14.8% vs 4.4%，领先10.3%），百济神州同比增速更快（32.8% vs -2.9%），过去两年百济神州的营收复合增速更高（41.2% vs -4.3%）
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
BeOne Medicines（原百济神州）是一家跨国肿瘤领域制药企业，专注于癌症治疗创新药物的研发与商业化，致力于为全球癌症患者提供更有效、可及性更高的治疗方案，改善患者的生存质量与预后。
GFS vs ONC — 直观对比
营收规模更大
GFS
是对方的1.1倍
$1.5B
营收增速更快
ONC
高出35.8%
-2.9%
净利率更高
GFS
高出10.3%
4.4%
两年增速更快
ONC
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.5B |
| 净利润 | $249.0M | $66.5M |
| 毛利率 | 24.8% | 90.5% |
| 营业利润率 | 11.6% | 12.4% |
| 净利率 | 14.8% | 4.4% |
| 营收同比 | -2.9% | 32.8% |
| 净利润同比 | 39.9% | 143.8% |
| 每股收益（稀释后） | $0.44 | $0.05 |
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GFSONC
| Q4 25 | — | $1.5B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.7B | $1.3B | ||
| Q1 25 | $1.6B | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $1.7B | $1.0B | ||
| Q2 24 | $1.6B | $929.2M | ||
| Q1 24 | $1.5B | $751.7M |
净利润GFSONC
| Q4 25 | — | $66.5M | ||
| Q3 25 | $249.0M | $124.8M | ||
| Q2 25 | $228.0M | $94.3M | ||
| Q1 25 | $211.0M | $1.3M | ||
| Q4 24 | — | $-151.9M | ||
| Q3 24 | $178.0M | $-121.3M | ||
| Q2 24 | $155.0M | $-120.4M | ||
| Q1 24 | $134.0M | $-251.2M |
毛利率GFSONC
| Q4 25 | — | 90.5% | ||
| Q3 25 | 24.8% | 86.1% | ||
| Q2 25 | 24.2% | 87.5% | ||
| Q1 25 | 22.4% | 85.2% | ||
| Q4 24 | — | 85.8% | ||
| Q3 24 | 23.8% | 83.0% | ||
| Q2 24 | 24.2% | 85.1% | ||
| Q1 24 | 25.4% | 83.4% |
营业利润率GFSONC
| Q4 25 | — | 12.4% | ||
| Q3 25 | 11.6% | 11.5% | ||
| Q2 25 | 11.6% | 6.7% | ||
| Q1 25 | 9.5% | 1.0% | ||
| Q4 24 | — | -7.0% | ||
| Q3 24 | 10.6% | -12.0% | ||
| Q2 24 | 9.5% | -11.5% | ||
| Q1 24 | 9.5% | -34.8% |
净利率GFSONC
| Q4 25 | — | 4.4% | ||
| Q3 25 | 14.8% | 8.8% | ||
| Q2 25 | 13.5% | 7.2% | ||
| Q1 25 | 13.3% | 0.1% | ||
| Q4 24 | — | -13.5% | ||
| Q3 24 | 10.2% | -12.1% | ||
| Q2 24 | 9.5% | -13.0% | ||
| Q1 24 | 8.7% | -33.4% |
每股收益（稀释后）GFSONC
| Q4 25 | — | $0.05 | ||
| Q3 25 | $0.44 | $0.08 | ||
| Q2 25 | $0.41 | $0.06 | ||
| Q1 25 | $0.38 | $0.00 | ||
| Q4 24 | — | $-0.10 | ||
| Q3 24 | $0.32 | $-0.09 | ||
| Q2 24 | $0.28 | $-0.09 | ||
| Q1 24 | $0.24 | $-0.19 |
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 | $2.0B | $4.5B |
| 总债务越低越好 | — | $836.4M |
| 股东权益账面价值 | $11.8B | $4.4B |
| 总资产 | $16.7B | $8.2B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资GFSONC
| Q4 25 | — | $4.5B | ||
| Q3 25 | $2.0B | $4.0B | ||
| Q2 25 | $1.8B | $2.8B | ||
| Q1 25 | $1.6B | $2.5B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | $2.3B | $2.7B | ||
| Q2 24 | $2.2B | $2.6B | ||
| Q1 24 | $2.2B | $2.8B |
总债务GFSONC
| Q4 25 | — | $836.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益GFSONC
| Q4 25 | — | $4.4B | ||
| Q3 25 | $11.8B | $4.1B | ||
| Q2 25 | $11.5B | $3.8B | ||
| Q1 25 | $11.1B | $3.5B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | $11.6B | $3.4B | ||
| Q2 24 | $11.3B | $3.4B | ||
| Q1 24 | $11.3B | $3.4B |
总资产GFSONC
| Q4 25 | — | $8.2B | ||
| Q3 25 | $16.7B | $7.6B | ||
| Q2 25 | $16.8B | $6.3B | ||
| Q1 25 | $16.5B | $5.8B | ||
| Q4 24 | — | $5.9B | ||
| Q3 24 | $18.1B | $5.8B | ||
| Q2 24 | — | $5.7B | ||
| Q1 24 | — | $5.7B |
负债/权益比GFSONC
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| 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 | $595.0M | $417.3M |
| 自由现金流经营现金流 - 资本支出 | — | $379.8M |
| 自由现金流率自由现金流/营收 | — | 25.4% |
| 资本支出强度资本支出/营收 | — | 2.5% |
| 现金转化率经营现金流/净利润 | 2.39× | 6.28× |
| 过去12个月自由现金流最近4个季度 | — | $941.7M |
8季度趋势，按日历期对齐
经营现金流GFSONC
| Q4 25 | — | $417.3M | ||
| Q3 25 | $595.0M | $402.6M | ||
| Q2 25 | $431.0M | $263.6M | ||
| Q1 25 | $331.0M | $44.1M | ||
| Q4 24 | — | $75.2M | ||
| Q3 24 | $375.0M | $188.4M | ||
| Q2 24 | $402.0M | $-95.6M | ||
| Q1 24 | $488.0M | $-308.6M |
自由现金流GFSONC
| Q4 25 | — | $379.8M | ||
| Q3 25 | — | $354.5M | ||
| Q2 25 | — | $219.8M | ||
| Q1 25 | — | $-12.3M | ||
| Q4 24 | — | $-17.3M | ||
| Q3 24 | — | $54.7M | ||
| Q2 24 | — | $-205.5M | ||
| Q1 24 | — | $-465.1M |
自由现金流率GFSONC
| Q4 25 | — | 25.4% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 16.7% | ||
| Q1 25 | — | -1.1% | ||
| Q4 24 | — | -1.5% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | -22.1% | ||
| Q1 24 | — | -61.9% |
资本支出强度GFSONC
| Q4 25 | — | 2.5% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 5.0% | ||
| Q4 24 | — | 8.2% | ||
| Q3 24 | — | 13.3% | ||
| Q2 24 | — | 11.8% | ||
| Q1 24 | — | 20.8% |
现金转化率GFSONC
| Q4 25 | — | 6.28× | ||
| Q3 25 | 2.39× | 3.22× | ||
| Q2 25 | 1.89× | 2.79× | ||
| Q1 25 | 1.57× | 34.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 2.59× | — | ||
| Q1 24 | 3.64× | — |
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
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
ONC
暂无分部数据
