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IBEX Ltd（IBEX）与Tecnoglass Inc.（TGLS）财务数据对比。点击上方公司名可切换其他公司
Tecnoglass Inc.的季度营收约是IBEX Ltd的1.5倍（$245.3M vs $164.2M），Tecnoglass Inc.净利率更高（10.6% vs 7.4%，领先3.2%），IBEX Ltd同比增速更快（16.7% vs 2.4%），Tecnoglass Inc.自由现金流更多（$11.4M vs $-5.1M），过去两年IBEX Ltd的营收复合增速更高（13.8% vs 12.8%）
IBEX 35是西班牙主要交易所马德里证券交易所的基准股票指数，该指数始创于1992年，由西班牙证券市场集团BME旗下的交易所公司负责计算与管理。它以市值加权编制，涵盖马德里证券交易所流动性最高的35只西班牙股票，每年进行两次成分股调整。
Tecnoglass Inc.是一家领先的建筑玻璃、铝制门窗及相关建材生产商，主要服务北美及拉美地区的住宅和商业建筑领域，为新建及翻新项目提供定制化、高能效的建筑解决方案。
IBEX vs TGLS — 直观对比
营收规模更大
TGLS
是对方的1.5倍
$164.2M
营收增速更快
IBEX
高出14.3%
2.4%
净利率更高
TGLS
高出3.2%
7.4%
自由现金流更多
TGLS
多$16.5M
$-5.1M
两年增速更快
IBEX
近两年复合增速
12.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $164.2M | $245.3M |
| 净利润 | $12.2M | $26.1M |
| 毛利率 | — | 40.0% |
| 营业利润率 | 9.3% | 18.3% |
| 净利率 | 7.4% | 10.6% |
| 营收同比 | 16.7% | 2.4% |
| 净利润同比 | 31.8% | -44.5% |
| 每股收益（稀释后） | $0.83 | $0.57 |
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IBEXTGLS
| Q4 25 | $164.2M | $245.3M | ||
| Q3 25 | $151.2M | $260.5M | ||
| Q2 25 | $147.1M | $255.5M | ||
| Q1 25 | $140.7M | $222.3M | ||
| Q4 24 | $140.7M | $239.6M | ||
| Q3 24 | $129.7M | $238.3M | ||
| Q2 24 | $124.5M | $219.7M | ||
| Q1 24 | $126.8M | $192.6M |
净利润IBEXTGLS
| Q4 25 | $12.2M | $26.1M | ||
| Q3 25 | $12.0M | $47.2M | ||
| Q2 25 | $9.6M | $44.1M | ||
| Q1 25 | $10.5M | $42.2M | ||
| Q4 24 | $9.3M | $47.0M | ||
| Q3 24 | $7.5M | $49.5M | ||
| Q2 24 | $9.8M | $35.0M | ||
| Q1 24 | $10.3M | $29.7M |
毛利率IBEXTGLS
| Q4 25 | — | 40.0% | ||
| Q3 25 | — | 42.7% | ||
| Q2 25 | — | 44.7% | ||
| Q1 25 | — | 43.9% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.8% | ||
| Q2 24 | — | 40.8% | ||
| Q1 24 | — | 38.8% |
营业利润率IBEXTGLS
| Q4 25 | 9.3% | 18.3% | ||
| Q3 25 | 9.1% | 25.1% | ||
| Q2 25 | 8.3% | 24.0% | ||
| Q1 25 | 9.5% | 26.7% | ||
| Q4 24 | 8.5% | 28.0% | ||
| Q3 24 | 7.0% | 28.4% | ||
| Q2 24 | 10.3% | 23.3% | ||
| Q1 24 | 8.9% | 21.3% |
净利率IBEXTGLS
| Q4 25 | 7.4% | 10.6% | ||
| Q3 25 | 8.0% | 18.1% | ||
| Q2 25 | 6.5% | 17.3% | ||
| Q1 25 | 7.4% | 19.0% | ||
| Q4 24 | 6.6% | 19.6% | ||
| Q3 24 | 5.8% | 20.8% | ||
| Q2 24 | 7.9% | 15.9% | ||
| Q1 24 | 8.1% | 15.4% |
每股收益（稀释后）IBEXTGLS
| Q4 25 | $0.83 | $0.57 | ||
| Q3 25 | $0.82 | $1.01 | ||
| Q2 25 | $0.63 | $0.94 | ||
| Q1 25 | $0.73 | $0.90 | ||
| Q4 24 | $0.57 | $1.00 | ||
| Q3 24 | $0.43 | $1.05 | ||
| Q2 24 | $0.55 | $0.75 | ||
| Q1 24 | $0.57 | $0.63 |
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 | $15.5M | $104.1M |
| 总债务越低越好 | $594.0K | $174.4M |
| 股东权益账面价值 | $154.5M | $713.1M |
| 总资产 | $295.8M | $1.3B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资IBEXTGLS
| Q4 25 | $15.5M | $104.1M | ||
| Q3 25 | $22.7M | $127.1M | ||
| Q2 25 | $15.3M | $140.9M | ||
| Q1 25 | $13.0M | $160.2M | ||
| Q4 24 | $20.2M | $137.5M | ||
| Q3 24 | $62.3M | $124.8M | ||
| Q2 24 | $62.7M | $129.5M | ||
| Q1 24 | $50.7M | $138.8M |
总债务IBEXTGLS
| Q4 25 | $594.0K | $174.4M | ||
| Q3 25 | $726.0K | $114.7M | ||
| Q2 25 | $796.0K | $110.6M | ||
| Q1 25 | $735.0K | $110.6M | ||
| Q4 24 | $695.0K | $111.1M | ||
| Q3 24 | $802.0K | $126.8M | ||
| Q2 24 | $867.0K | $144.7M | ||
| Q1 24 | $820.0K | $160.9M |
股东权益IBEXTGLS
| Q4 25 | $154.5M | $713.1M | ||
| Q3 25 | $143.6M | $764.0M | ||
| Q2 25 | $134.3M | $736.0M | ||
| Q1 25 | $124.2M | $685.1M | ||
| Q4 24 | $108.9M | $631.2M | ||
| Q3 24 | $171.1M | $613.3M | ||
| Q2 24 | $165.8M | $574.8M | ||
| Q1 24 | $159.3M | $573.6M |
总资产IBEXTGLS
| Q4 25 | $295.8M | $1.3B | ||
| Q3 25 | $283.9M | $1.2B | ||
| Q2 25 | $273.2M | $1.2B | ||
| Q1 25 | $274.7M | $1.1B | ||
| Q4 24 | $272.5M | $1.0B | ||
| Q3 24 | $306.3M | $996.3M | ||
| Q2 24 | $293.9M | $942.5M | ||
| Q1 24 | $289.6M | $981.6M |
负债/权益比IBEXTGLS
| Q4 25 | 0.00× | 0.24× | ||
| Q3 25 | 0.01× | 0.15× | ||
| Q2 25 | 0.01× | 0.15× | ||
| Q1 25 | 0.01× | 0.16× | ||
| Q4 24 | 0.01× | 0.18× | ||
| Q3 24 | 0.00× | 0.21× | ||
| Q2 24 | 0.01× | 0.25× | ||
| Q1 24 | 0.01× | 0.28× |
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 | $6.6M | $31.0M |
| 自由现金流经营现金流 - 资本支出 | $-5.1M | $11.4M |
| 自由现金流率自由现金流/营收 | -3.1% | 4.7% |
| 资本支出强度资本支出/营收 | 7.1% | 8.0% |
| 现金转化率经营现金流/净利润 | 0.54× | 1.19× |
| 过去12个月自由现金流最近4个季度 | $29.3M | $34.5M |
8季度趋势，按日历期对齐
经营现金流IBEXTGLS
| Q4 25 | $6.6M | $31.0M | ||
| Q3 25 | $15.7M | $40.0M | ||
| Q2 25 | $27.9M | $17.9M | ||
| Q1 25 | $8.8M | $46.9M | ||
| Q4 24 | $1.1M | $61.1M | ||
| Q3 24 | $7.8M | $41.5M | ||
| Q2 24 | $17.4M | $34.5M | ||
| Q1 24 | $11.4M | $33.4M |
自由现金流IBEXTGLS
| Q4 25 | $-5.1M | $11.4M | ||
| Q3 25 | $8.0M | $21.2M | ||
| Q2 25 | $22.8M | $-14.7M | ||
| Q1 25 | $3.6M | $16.5M | ||
| Q4 24 | $-3.2M | $35.4M | ||
| Q3 24 | $4.1M | $17.8M | ||
| Q2 24 | $15.2M | $14.2M | ||
| Q1 24 | $9.7M | $23.6M |
自由现金流率IBEXTGLS
| Q4 25 | -3.1% | 4.7% | ||
| Q3 25 | 5.3% | 8.2% | ||
| Q2 25 | 15.5% | -5.7% | ||
| Q1 25 | 2.5% | 7.4% | ||
| Q4 24 | -2.3% | 14.8% | ||
| Q3 24 | 3.2% | 7.5% | ||
| Q2 24 | 12.2% | 6.5% | ||
| Q1 24 | 7.7% | 12.2% |
资本支出强度IBEXTGLS
| Q4 25 | 7.1% | 8.0% | ||
| Q3 25 | 5.1% | 7.2% | ||
| Q2 25 | 3.5% | 12.7% | ||
| Q1 25 | 3.7% | 13.7% | ||
| Q4 24 | 3.1% | 10.7% | ||
| Q3 24 | 2.8% | 9.9% | ||
| Q2 24 | 1.8% | 9.2% | ||
| Q1 24 | 1.3% | 5.1% |
现金转化率IBEXTGLS
| Q4 25 | 0.54× | 1.19× | ||
| Q3 25 | 1.30× | 0.85× | ||
| Q2 25 | 2.91× | 0.41× | ||
| Q1 25 | 0.84× | 1.11× | ||
| Q4 24 | 0.12× | 1.30× | ||
| Q3 24 | 1.03× | 0.84× | ||
| Q2 24 | 1.77× | 0.98× | ||
| Q1 24 | 1.11× | 1.13× |
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
IBEX
| Transferred Over Time | $147.1M | 90% |
| Transferred At Point In Time | $17.1M | 10% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
