vs
HALLADOR ENERGY CO（HNRG）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
REPLIGEN CORP的季度营收约是HALLADOR ENERGY CO的1.9倍（$197.9M vs $101.9M），REPLIGEN CORP净利率更高（6.7% vs -0.2%，领先6.9%），REPLIGEN CORP同比增速更快（13.6% vs 8.9%），REPLIGEN CORP自由现金流更多（$17.6M vs $-16.8M），过去两年REPLIGEN CORP的营收复合增速更高（14.4% vs -4.4%）
Hallador能源公司是总部位于美国的能源企业，主要从事低硫煤炭生产及发电业务，覆盖北美市场，为公用事业、工业客户供应煤炭，同时向区域居民及商业用户提供电力服务。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
HNRG vs RGEN — 直观对比
营收规模更大
RGEN
是对方的1.9倍
$101.9M
营收增速更快
RGEN
高出4.7%
8.9%
净利率更高
RGEN
高出6.9%
-0.2%
自由现金流更多
RGEN
多$34.3M
$-16.8M
两年增速更快
RGEN
近两年复合增速
-4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $101.9M | $197.9M |
| 净利润 | $-240.0K | $13.3M |
| 毛利率 | — | 52.5% |
| 营业利润率 | 6.1% | 9.0% |
| 净利率 | -0.2% | 6.7% |
| 营收同比 | 8.9% | 13.6% |
| 净利润同比 | 99.9% | 143.9% |
| 每股收益（稀释后） | $-0.01 | $0.24 |
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HNRGRGEN
| Q4 25 | $101.9M | $197.9M | ||
| Q3 25 | $146.8M | $188.8M | ||
| Q2 25 | $102.9M | $182.4M | ||
| Q1 25 | $117.8M | $169.2M | ||
| Q4 24 | $93.6M | $174.1M | ||
| Q3 24 | $105.2M | $154.9M | ||
| Q2 24 | $93.8M | $154.1M | ||
| Q1 24 | $111.6M | $151.3M |
净利润HNRGRGEN
| Q4 25 | $-240.0K | $13.3M | ||
| Q3 25 | $23.9M | $14.9M | ||
| Q2 25 | $8.2M | $14.9M | ||
| Q1 25 | $10.0M | $5.8M | ||
| Q4 24 | $-215.8M | $-30.3M | ||
| Q3 24 | $1.6M | $-654.0K | ||
| Q2 24 | $-10.2M | $3.3M | ||
| Q1 24 | $-1.7M | $2.1M |
毛利率HNRGRGEN
| Q4 25 | — | 52.5% | ||
| Q3 25 | — | 53.2% | ||
| Q2 25 | — | 50.0% | ||
| Q1 25 | — | 53.6% | ||
| Q4 24 | — | 26.1% | ||
| Q3 24 | — | 50.0% | ||
| Q2 24 | — | 49.8% | ||
| Q1 24 | 23.7% | 49.5% |
营业利润率HNRGRGEN
| Q4 25 | 6.1% | 9.0% | ||
| Q3 25 | 19.8% | 8.9% | ||
| Q2 25 | 11.5% | 7.6% | ||
| Q1 25 | 11.8% | 3.9% | ||
| Q4 24 | -233.5% | -17.7% | ||
| Q3 24 | 4.5% | -5.1% | ||
| Q2 24 | -7.8% | 1.0% | ||
| Q1 24 | 2.4% | 1.3% |
净利率HNRGRGEN
| Q4 25 | -0.2% | 6.7% | ||
| Q3 25 | 16.3% | 7.9% | ||
| Q2 25 | 8.0% | 8.2% | ||
| Q1 25 | 8.5% | 3.4% | ||
| Q4 24 | -230.5% | -17.4% | ||
| Q3 24 | 1.5% | -0.4% | ||
| Q2 24 | -10.9% | 2.2% | ||
| Q1 24 | -1.5% | 1.4% |
每股收益（稀释后）HNRGRGEN
| Q4 25 | $-0.01 | $0.24 | ||
| Q3 25 | $0.55 | $0.26 | ||
| Q2 25 | $0.19 | $0.26 | ||
| Q1 25 | $0.23 | $0.10 | ||
| Q4 24 | $-5.44 | $-0.55 | ||
| Q3 24 | $0.04 | $-0.01 | ||
| Q2 24 | $-0.27 | $0.06 | ||
| Q1 24 | $-0.05 | $0.04 |
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 | $10.1M | $767.6M |
| 总债务越低越好 | $29.7M | $542.2M |
| 股东权益账面价值 | $159.8M | $2.1B |
| 总资产 | $408.1M | $2.9B |
| 负债/权益比越低杠杆越低 | 0.19× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资HNRGRGEN
| Q4 25 | $10.1M | $767.6M | ||
| Q3 25 | $12.7M | $748.7M | ||
| Q2 25 | $9.2M | $708.9M | ||
| Q1 25 | $6.9M | $697.2M | ||
| Q4 24 | $7.2M | $757.4M | ||
| Q3 24 | $3.8M | $784.0M | ||
| Q2 24 | $6.4M | $809.1M | ||
| Q1 24 | $1.6M | $780.6M |
总债务HNRGRGEN
| Q4 25 | $29.7M | $542.2M | ||
| Q3 25 | $42.7M | $537.9M | ||
| Q2 25 | $43.1M | — | ||
| Q1 25 | $21.0M | — | ||
| Q4 24 | $41.5M | $525.6M | ||
| Q3 24 | $67.0M | — | ||
| Q2 24 | $42.7M | — | ||
| Q1 24 | $73.8M | — |
股东权益HNRGRGEN
| Q4 25 | $159.8M | $2.1B | ||
| Q3 25 | $146.2M | $2.1B | ||
| Q2 25 | $122.2M | $2.1B | ||
| Q1 25 | $115.3M | $2.0B | ||
| Q4 24 | $104.3M | $2.0B | ||
| Q3 24 | $318.8M | $2.0B | ||
| Q2 24 | $316.2M | $2.0B | ||
| Q1 24 | $283.9M | $2.0B |
总资产HNRGRGEN
| Q4 25 | $408.1M | $2.9B | ||
| Q3 25 | $409.5M | $2.9B | ||
| Q2 25 | $409.5M | $2.9B | ||
| Q1 25 | $366.1M | $2.9B | ||
| Q4 24 | $369.1M | $2.8B | ||
| Q3 24 | $579.7M | $2.8B | ||
| Q2 24 | $595.2M | $2.9B | ||
| Q1 24 | $585.4M | $2.8B |
负债/权益比HNRGRGEN
| Q4 25 | 0.19× | 0.26× | ||
| Q3 25 | 0.29× | 0.26× | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.18× | — | ||
| Q4 24 | 0.40× | 0.27× | ||
| Q3 24 | 0.21× | — | ||
| Q2 24 | 0.13× | — | ||
| Q1 24 | 0.26× | — |
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 | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $-16.8M | $17.6M |
| 自由现金流率自由现金流/营收 | -16.5% | 8.9% |
| 资本支出强度资本支出/营收 | 24.5% | 4.1% |
| 现金转化率经营现金流/净利润 | — | 1.93× |
| 过去12个月自由现金流最近4个季度 | $11.9M | $93.9M |
8季度趋势，按日历期对齐
经营现金流HNRGRGEN
| Q4 25 | $8.2M | $25.7M | ||
| Q3 25 | $23.2M | $48.1M | ||
| Q2 25 | $11.4M | $28.6M | ||
| Q1 25 | $38.4M | $15.0M | ||
| Q4 24 | $38.9M | $39.2M | ||
| Q3 24 | $-12.9M | $49.3M | ||
| Q2 24 | $23.5M | $42.2M | ||
| Q1 24 | $16.4M | $44.7M |
自由现金流HNRGRGEN
| Q4 25 | $-16.8M | $17.6M | ||
| Q3 25 | $3.7M | $43.4M | ||
| Q2 25 | $-1.7M | $21.5M | ||
| Q1 25 | $26.7M | $11.4M | ||
| Q4 24 | $25.2M | $33.6M | ||
| Q3 24 | $-24.5M | $42.3M | ||
| Q2 24 | $10.4M | $37.4M | ||
| Q1 24 | $1.5M | $36.4M |
自由现金流率HNRGRGEN
| Q4 25 | -16.5% | 8.9% | ||
| Q3 25 | 2.5% | 23.0% | ||
| Q2 25 | -1.6% | 11.8% | ||
| Q1 25 | 22.7% | 6.8% | ||
| Q4 24 | 26.9% | 19.3% | ||
| Q3 24 | -23.3% | 27.3% | ||
| Q2 24 | 11.0% | 24.3% | ||
| Q1 24 | 1.3% | 24.0% |
资本支出强度HNRGRGEN
| Q4 25 | 24.5% | 4.1% | ||
| Q3 25 | 13.3% | 2.5% | ||
| Q2 25 | 12.7% | 3.9% | ||
| Q1 25 | 9.9% | 2.1% | ||
| Q4 24 | 14.7% | 3.2% | ||
| Q3 24 | 11.0% | 4.5% | ||
| Q2 24 | 14.0% | 3.1% | ||
| Q1 24 | 13.3% | 5.5% |
现金转化率HNRGRGEN
| Q4 25 | — | 1.93× | ||
| Q3 25 | 0.97× | 3.23× | ||
| Q2 25 | 1.38× | 1.92× | ||
| Q1 25 | 3.85× | 2.57× | ||
| Q4 24 | — | — | ||
| Q3 24 | -8.31× | — | ||
| Q2 24 | — | 12.70× | ||
| Q1 24 | — | 21.35× |
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
HNRG
| Delivered Energy | $58.6M | 57% |
| Coal Sales | $29.1M | 29% |
| Coal Operations | $14.4M | 14% |
RGEN
暂无分部数据
