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Hudbay Minerals Inc.（HBM）与V2X, Inc.（VVX）财务数据对比。点击上方公司名可切换其他公司
Hudbay Minerals Inc.的季度营收约是V2X, Inc.的1.7倍（$2.0B vs $1.2B），Hudbay Minerals Inc.净利率更高（3.4% vs 1.9%，领先1.5%）
哈德贝矿业是加拿大矿业企业，主营铜、金、银、锌、钼等矿产的生产开采。2024年公司铜产量达13.79万吨、黄金33.22万盎司、白银398.39万盎司、锌3.33万吨、钼1323吨，当年营收中铜销售占比57%，黄金占33%，锌占4%。
V2X公司是总部位于美国的技术工程服务供应商，主要服务美国国防部等联邦政府客户，提供任务支持、关键基础设施运维、国家安全相关解决方案，业务覆盖国防、公共安全、运营韧性等核心领域。
HBM vs VVX — 直观对比
营收规模更大
HBM
是对方的1.7倍
$1.2B
净利率更高
HBM
高出1.5%
1.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.2B |
| 净利润 | $67.8M | $22.8M |
| 毛利率 | 27.4% | 8.6% |
| 营业利润率 | — | 4.2% |
| 净利率 | 3.4% | 1.9% |
| 营收同比 | — | 5.3% |
| 净利润同比 | — | -9.0% |
| 每股收益（稀释后） | — | $0.73 |
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HBMVVX
| Q1 26 | $2.0B | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | $525.0M | $1.0B | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B |
净利润HBMVVX
| Q1 26 | $67.8M | — | ||
| Q4 25 | — | $22.8M | ||
| Q3 25 | — | $24.6M | ||
| Q2 25 | — | $22.4M | ||
| Q1 25 | $18.5M | $8.1M | ||
| Q4 24 | — | $25.0M | ||
| Q3 24 | — | $15.1M | ||
| Q2 24 | — | $-6.5M |
毛利率HBMVVX
| Q1 26 | 27.4% | — | ||
| Q4 25 | — | 8.6% | ||
| Q3 25 | — | 8.1% | ||
| Q2 25 | — | 8.9% | ||
| Q1 25 | 29.0% | 7.7% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | 6.9% |
营业利润率HBMVVX
| Q1 26 | — | — | ||
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 4.8% | ||
| Q2 25 | — | 4.9% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 4.6% | ||
| Q2 24 | — | 2.6% |
净利率HBMVVX
| Q1 26 | 3.4% | — | ||
| Q4 25 | — | 1.9% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | 3.5% | 0.8% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | -0.6% |
每股收益（稀释后）HBMVVX
| Q1 26 | — | — | ||
| Q4 25 | — | $0.73 | ||
| Q3 25 | — | $0.77 | ||
| Q2 25 | — | $0.70 | ||
| Q1 25 | — | $0.25 | ||
| Q4 24 | — | $0.78 | ||
| Q3 24 | — | $0.47 | ||
| Q2 24 | — | $-0.21 |
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 | — | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $1.1B |
| 总资产 | — | $3.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
股东权益HBMVVX
| Q1 26 | — | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $992.0M |
总资产HBMVVX
| Q1 26 | — | — | ||
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $3.1B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.2B |
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 | — | $209.5M |
| 自由现金流经营现金流 - 资本支出 | — | $207.2M |
| 自由现金流率自由现金流/营收 | — | 17.0% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 现金转化率经营现金流/净利润 | — | 9.20× |
| 过去12个月自由现金流最近4个季度 | — | $170.1M |
8季度趋势，按日历期对齐
经营现金流HBMVVX
| Q1 26 | — | — | ||
| Q4 25 | — | $209.5M | ||
| Q3 25 | — | $39.4M | ||
| Q2 25 | — | $28.5M | ||
| Q1 25 | — | $-95.5M | ||
| Q4 24 | — | $223.1M | ||
| Q3 24 | — | $62.7M | ||
| Q2 24 | — | $25.7M |
自由现金流HBMVVX
| Q1 26 | — | — | ||
| Q4 25 | — | $207.2M | ||
| Q3 25 | — | $35.0M | ||
| Q2 25 | — | $26.1M | ||
| Q1 25 | — | $-98.2M | ||
| Q4 24 | — | $222.0M | ||
| Q3 24 | — | $60.5M | ||
| Q2 24 | — | $24.9M |
自由现金流率HBMVVX
| Q1 26 | — | — | ||
| Q4 25 | — | 17.0% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | -9.7% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 5.6% | ||
| Q2 24 | — | 2.3% |
资本支出强度HBMVVX
| Q1 26 | — | — | ||
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.1% |
现金转化率HBMVVX
| Q1 26 | — | — | ||
| Q4 25 | — | 9.20× | ||
| Q3 25 | — | 1.60× | ||
| Q2 25 | — | 1.27× | ||
| Q1 25 | — | -11.78× | ||
| Q4 24 | — | 8.91× | ||
| Q3 24 | — | 4.16× | ||
| Q2 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
HBM
暂无分部数据
VVX
| Army | $480.4M | 39% |
| Navy | $388.9M | 32% |
| Air Force | $196.1M | 16% |
| Other Customers | $153.3M | 13% |
