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HA Sustainable Infrastructure Capital, Inc.（HASI）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
HA Sustainable Infrastructure Capital, Inc.的季度营收约是牛津地产的1.7倍（$114.8M vs $66.7M），牛津地产净利率更高（47.8% vs -46.8%，领先94.6%），HA Sustainable Infrastructure Capital, Inc.同比增速更快（13.3% vs -13.1%），过去两年HA Sustainable Infrastructure Capital, Inc.的营收复合增速更高（4.2% vs -6.0%）
HA可持续基础设施资本公司（HASI）是一家聚焦可持续基础设施领域的专业投资机构，业务覆盖可再生能源、能效提升、可持续地产及低碳公用事业板块，主要在北美市场运营，为合格绿色项目提供长期资本支持，为投资者创造稳定的经风险调整后回报。
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。
HASI vs IIPR — 直观对比
营收规模更大
HASI
是对方的1.7倍
$66.7M
营收增速更快
HASI
高出26.5%
-13.1%
净利率更高
IIPR
高出94.6%
-46.8%
两年增速更快
HASI
近两年复合增速
-6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $114.8M | $66.7M |
| 净利润 | $-53.8M | $31.8M |
| 毛利率 | — | — |
| 营业利润率 | -57.4% | 47.8% |
| 净利率 | -46.8% | 47.8% |
| 营收同比 | 13.3% | -13.1% |
| 净利润同比 | -176.7% | -20.4% |
| 每股收益（稀释后） | $-0.38 | $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HASIIIPR
| Q4 25 | $114.8M | $66.7M | ||
| Q3 25 | $103.1M | $64.7M | ||
| Q2 25 | $85.7M | $62.9M | ||
| Q1 25 | $96.9M | $71.7M | ||
| Q4 24 | $101.3M | $76.7M | ||
| Q3 24 | $82.0M | $76.5M | ||
| Q2 24 | $94.5M | $79.8M | ||
| Q1 24 | $105.8M | $75.5M |
净利润HASIIIPR
| Q4 25 | $-53.8M | $31.8M | ||
| Q3 25 | $83.3M | $29.3M | ||
| Q2 25 | $98.4M | $26.0M | ||
| Q1 25 | $56.6M | $31.1M | ||
| Q4 24 | $70.1M | $40.0M | ||
| Q3 24 | $-19.6M | $40.2M | ||
| Q2 24 | $26.5M | $42.0M | ||
| Q1 24 | $123.0M | $39.4M |
营业利润率HASIIIPR
| Q4 25 | -57.4% | 47.8% | ||
| Q3 25 | — | 45.5% | ||
| Q2 25 | — | 45.9% | ||
| Q1 25 | 84.7% | 47.4% | ||
| Q4 24 | 90.9% | 54.7% | ||
| Q3 24 | -32.1% | 54.8% | ||
| Q2 24 | 39.5% | 53.1% | ||
| Q1 24 | — | 55.7% |
净利率HASIIIPR
| Q4 25 | -46.8% | 47.8% | ||
| Q3 25 | 80.8% | 45.3% | ||
| Q2 25 | 114.9% | 41.4% | ||
| Q1 25 | 58.4% | 43.3% | ||
| Q4 24 | 69.2% | 52.2% | ||
| Q3 24 | -23.9% | 52.6% | ||
| Q2 24 | 28.1% | 52.6% | ||
| Q1 24 | 116.3% | 52.3% |
每股收益（稀释后）HASIIIPR
| Q4 25 | $-0.38 | $1.07 | ||
| Q3 25 | $0.61 | $0.97 | ||
| Q2 25 | $0.74 | $0.86 | ||
| Q1 25 | $0.44 | $1.03 | ||
| Q4 24 | $0.58 | $1.35 | ||
| Q3 24 | $-0.17 | $1.37 | ||
| Q2 24 | $0.23 | $1.44 | ||
| Q1 24 | $0.98 | $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 | $110.2M | $47.6M |
| 总债务越低越好 | — | $393.7M |
| 股东权益账面价值 | $2.7B | $1.8B |
| 总资产 | $8.2B | $2.4B |
| 负债/权益比越低杠杆越低 | — | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资HASIIIPR
| Q4 25 | $110.2M | $47.6M | ||
| Q3 25 | $301.8M | $41.9M | ||
| Q2 25 | $86.5M | $104.9M | ||
| Q1 25 | $67.4M | $133.3M | ||
| Q4 24 | $129.8M | $151.2M | ||
| Q3 24 | $44.1M | $172.4M | ||
| Q2 24 | $145.7M | $160.9M | ||
| Q1 24 | $61.4M | $173.5M |
总债务HASIIIPR
| Q4 25 | — | $393.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HASIIIPR
| Q4 25 | $2.7B | $1.8B | ||
| Q3 25 | $2.7B | $1.9B | ||
| Q2 25 | $2.6B | $1.9B | ||
| Q1 25 | $2.5B | $1.9B | ||
| Q4 24 | $2.4B | $1.9B | ||
| Q3 24 | $2.3B | $1.9B | ||
| Q2 24 | $2.3B | $1.9B | ||
| Q1 24 | $2.3B | $2.0B |
总资产HASIIIPR
| Q4 25 | $8.2B | $2.4B | ||
| Q3 25 | $8.2B | $2.3B | ||
| Q2 25 | $7.6B | $2.3B | ||
| Q1 25 | $7.5B | $2.4B | ||
| Q4 24 | $7.1B | $2.4B | ||
| Q3 24 | $6.7B | $2.4B | ||
| Q2 24 | $6.7B | $2.4B | ||
| Q1 24 | $6.7B | $2.4B |
负债/权益比HASIIIPR
| Q4 25 | — | 0.21× | ||
| 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 | $167.3M | $198.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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HASIIIPR
| Q4 25 | $167.3M | $198.2M | ||
| Q3 25 | $-121.8M | $45.6M | ||
| Q2 25 | $79.6M | $48.4M | ||
| Q1 25 | $-37.1M | $54.2M | ||
| Q4 24 | $5.9M | $258.4M | ||
| Q3 24 | $21.9M | $64.9M | ||
| Q2 24 | $-24.8M | $64.2M | ||
| Q1 24 | $20.9M | $71.6M |
现金转化率HASIIIPR
| Q4 25 | — | 6.22× | ||
| Q3 25 | -1.46× | 1.56× | ||
| Q2 25 | 0.81× | 1.86× | ||
| Q1 25 | -0.66× | 1.75× | ||
| Q4 24 | 0.08× | 6.46× | ||
| Q3 24 | — | 1.61× | ||
| Q2 24 | -0.94× | 1.53× | ||
| Q1 24 | 0.17× | 1.82× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
