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和黄医药（HCM）与OneStream, Inc.（OS）财务数据对比。点击上方公司名可切换其他公司
和黄医药的季度营收约是OneStream, Inc.的1.7倍（$270.8M vs $163.7M），和黄医药净利率更高（0.7% vs 0.6%，领先0.1%），OneStream, Inc.同比增速更快（23.6% vs -16.5%），OneStream, Inc.自由现金流更多（$25.6M vs $3.4M）
和黄医药是一家国际化生物制药企业，专注于肿瘤、免疫类疾病的靶向疗法与免疫疗法的研发、生产及商业化，核心市场覆盖中国及全球多个国家地区，已有多款肿瘤治疗药物上市，后期临床管线储备丰富。
Blue Stream面向美国佛罗里达州科勒尔斯普林斯、韦斯顿两地的居民及商业客户，提供有线电视、有线固话、数字录像服务，以及最高速率达1G的宽带互联网接入服务，深耕当地通信市场，为用户提供稳定可靠的多元通信解决方案。
HCM vs OS — 直观对比
营收规模更大
HCM
是对方的1.7倍
$163.7M
营收增速更快
OS
高出40.1%
-16.5%
净利率更高
HCM
高出0.1%
0.6%
自由现金流更多
OS
多$22.3M
$3.4M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.8M | $163.7M |
| 净利润 | $2.0M | $999.0K |
| 毛利率 | 37.7% | 69.8% |
| 营业利润率 | -13.2% | -3.2% |
| 净利率 | 0.7% | 0.6% |
| 营收同比 | -16.5% | 23.6% |
| 净利润同比 | -83.6% | — |
| 每股收益（稀释后） | $0.00 | — |
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HCMOS
| Q4 25 | $270.8M | $163.7M | ||
| Q3 25 | — | $154.3M | ||
| Q2 25 | $277.7M | $147.6M | ||
| Q1 25 | $324.5M | $136.3M | ||
| Q4 24 | — | $132.5M | ||
| Q3 24 | — | $129.1M | ||
| Q2 24 | $305.7M | $117.5M | ||
| Q1 24 | — | $110.3M |
净利润HCMOS
| Q4 25 | $2.0M | $999.0K | ||
| Q3 25 | — | $-8.8M | ||
| Q2 25 | $455.0M | $-18.4M | ||
| Q1 25 | $11.9M | $-24.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-171.9M | ||
| Q2 24 | $25.8M | $-7.8M | ||
| Q1 24 | — | $-5.0M |
毛利率HCMOS
| Q4 25 | 37.7% | 69.8% | ||
| Q3 25 | — | 68.1% | ||
| Q2 25 | 0.1% | 68.6% | ||
| Q1 25 | 48.0% | 68.0% | ||
| Q4 24 | — | 66.8% | ||
| Q3 24 | — | 50.1% | ||
| Q2 24 | 41.1% | 68.5% | ||
| Q1 24 | — | 69.1% |
营业利润率HCMOS
| Q4 25 | -13.2% | -3.2% | ||
| Q3 25 | — | -11.3% | ||
| Q2 25 | -1.3% | -21.8% | ||
| Q1 25 | -5.0% | -29.3% | ||
| Q4 24 | — | -35.8% | ||
| Q3 24 | — | -197.6% | ||
| Q2 24 | -9.0% | -9.8% | ||
| Q1 24 | — | -4.9% |
净利率HCMOS
| Q4 25 | 0.7% | 0.6% | ||
| Q3 25 | — | -5.7% | ||
| Q2 25 | 163.8% | -12.5% | ||
| Q1 25 | 3.7% | -17.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -133.1% | ||
| Q2 24 | 8.4% | -6.7% | ||
| Q1 24 | — | -4.5% |
每股收益（稀释后）HCMOS
| Q4 25 | $0.00 | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $0.52 | — | ||
| Q1 25 | $0.01 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-1.06 | ||
| Q2 24 | $0.03 | — | ||
| Q1 24 | — | — |
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 | $1.4B | $693.6M |
| 总债务越低越好 | $93.2M | — |
| 股东权益账面价值 | $1.2B | $504.7M |
| 总资产 | $1.8B | $1.0B |
| 负债/权益比越低杠杆越低 | 0.08× | — |
8季度趋势，按日历期对齐
现金及短期投资HCMOS
| Q4 25 | $1.4B | $693.6M | ||
| Q3 25 | — | $653.9M | ||
| Q2 25 | $1.4B | $652.1M | ||
| Q1 25 | $836.1M | $593.9M | ||
| Q4 24 | — | $544.2M | ||
| Q3 24 | — | $495.5M | ||
| Q2 24 | $802.5M | $140.5M | ||
| Q1 24 | — | — |
总债务HCMOS
| Q4 25 | $93.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $93.4M | — | ||
| Q1 25 | $82.8M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $82.1M | — | ||
| Q1 24 | — | — |
股东权益HCMOS
| Q4 25 | $1.2B | $504.7M | ||
| Q3 25 | — | $472.1M | ||
| Q2 25 | $1.2B | $458.2M | ||
| Q1 25 | $759.9M | $412.9M | ||
| Q4 24 | — | $386.2M | ||
| Q3 24 | — | $458.2M | ||
| Q2 24 | $740.1M | $97.5M | ||
| Q1 24 | — | $102.5M |
总资产HCMOS
| Q4 25 | $1.8B | $1.0B | ||
| Q3 25 | — | $949.4M | ||
| Q2 25 | $1.8B | $910.5M | ||
| Q1 25 | $1.3B | $867.3M | ||
| Q4 24 | — | $823.2M | ||
| Q3 24 | — | $750.1M | ||
| Q2 24 | $1.3B | $379.7M | ||
| Q1 24 | — | — |
负债/权益比HCMOS
| Q4 25 | 0.08× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.08× | — | ||
| Q1 25 | 0.11× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.11× | — | ||
| 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 | $8.2M | $25.8M |
| 自由现金流经营现金流 - 资本支出 | $3.4M | $25.6M |
| 自由现金流率自由现金流/营收 | 1.2% | 15.7% |
| 资本支出强度资本支出/营收 | 1.8% | 0.1% |
| 现金转化率经营现金流/净利润 | 4.21× | 25.79× |
| 过去12个月自由现金流最近4个季度 | $-96.2M | $95.6M |
8季度趋势，按日历期对齐
经营现金流HCMOS
| Q4 25 | $8.2M | $25.8M | ||
| Q3 25 | — | $5.0M | ||
| Q2 25 | $-72.9M | $29.7M | ||
| Q1 25 | $40.3M | $36.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $2.4M | ||
| Q2 24 | $-39.8M | $8.1M | ||
| Q1 24 | — | $25.5M |
自由现金流HCMOS
| Q4 25 | $3.4M | $25.6M | ||
| Q3 25 | — | $4.8M | ||
| Q2 25 | $-82.2M | $29.4M | ||
| Q1 25 | $32.5M | $35.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.3M | ||
| Q2 24 | $-49.9M | $7.7M | ||
| Q1 24 | — | $24.9M |
自由现金流率HCMOS
| Q4 25 | 1.2% | 15.7% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | -29.6% | 19.9% | ||
| Q1 25 | 10.0% | 26.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | -16.3% | 6.6% | ||
| Q1 24 | — | 22.5% |
资本支出强度HCMOS
| Q4 25 | 1.8% | 0.1% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | 3.3% | 0.2% | ||
| Q1 25 | 2.4% | 0.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | 3.3% | 0.3% | ||
| Q1 24 | — | 0.6% |
现金转化率HCMOS
| Q4 25 | 4.21× | 25.79× | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.16× | — | ||
| Q1 25 | 3.38× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1.54× | — | ||
| 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
HCM
暂无分部数据
OS
| Subscription And Circulation | $150.3M | 92% |
| Professional Services And Other | $9.4M | 6% |
| License | $4.0M | 2% |
