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牛津地产（IIPR）与再鼎医药（ZLAB）财务数据对比。点击上方公司名可切换其他公司
再鼎医药的季度营收约是牛津地产的1.9倍（$127.1M vs $66.7M），再鼎医药同比增速更快（17.1% vs -13.1%），过去两年再鼎医药的营收复合增速更高（20.8% vs -6.0%）
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。
再鼎医药是一家创新生物制药企业，专注于肿瘤、自身免疫性疾病、感染性疾病等领域创新疗法的研发、生产与商业化，核心市场覆盖大中华区，与全球多家头部生物科技企业合作，为存在未被满足医疗需求的患者提供治疗方案。
IIPR vs ZLAB — 直观对比
营收规模更大
ZLAB
是对方的1.9倍
$66.7M
营收增速更快
ZLAB
高出30.3%
-13.1%
两年增速更快
ZLAB
近两年复合增速
-6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $66.7M | $127.1M |
| 净利润 | $31.8M | — |
| 毛利率 | — | 51.0% |
| 营业利润率 | 47.8% | -54.6% |
| 净利率 | 47.8% | — |
| 营收同比 | -13.1% | 17.1% |
| 净利润同比 | -20.4% | — |
| 每股收益（稀释后） | $1.07 | $-0.05 |
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IIPRZLAB
| Q4 25 | $66.7M | $127.1M | ||
| Q3 25 | $64.7M | $115.4M | ||
| Q2 25 | $62.9M | $109.1M | ||
| Q1 25 | $71.7M | $105.7M | ||
| Q4 24 | $76.7M | $108.5M | ||
| Q3 24 | $76.5M | $101.8M | ||
| Q2 24 | $79.8M | $100.1M | ||
| Q1 24 | $75.5M | $87.1M |
净利润IIPRZLAB
| Q4 25 | $31.8M | — | ||
| Q3 25 | $29.3M | $-36.0M | ||
| Q2 25 | $26.0M | $-40.7M | ||
| Q1 25 | $31.1M | $-48.4M | ||
| Q4 24 | $40.0M | — | ||
| Q3 24 | $40.2M | $-41.7M | ||
| Q2 24 | $42.0M | $-80.3M | ||
| Q1 24 | $39.4M | $-53.5M |
毛利率IIPRZLAB
| Q4 25 | — | 51.0% | ||
| Q3 25 | — | 59.5% | ||
| Q2 25 | — | 60.6% | ||
| Q1 25 | — | 63.6% | ||
| Q4 24 | — | 61.5% | ||
| Q3 24 | — | 64.1% | ||
| Q2 24 | — | 64.9% | ||
| Q1 24 | — | 61.4% |
营业利润率IIPRZLAB
| Q4 25 | 47.8% | -54.6% | ||
| Q3 25 | 45.5% | -42.3% | ||
| Q2 25 | 45.9% | -50.3% | ||
| Q1 25 | 47.4% | -53.3% | ||
| Q4 24 | 54.7% | -62.6% | ||
| Q3 24 | 54.8% | -66.6% | ||
| Q2 24 | 53.1% | -76.0% | ||
| Q1 24 | 55.7% | -80.7% |
净利率IIPRZLAB
| Q4 25 | 47.8% | — | ||
| Q3 25 | 45.3% | -31.2% | ||
| Q2 25 | 41.4% | -37.3% | ||
| Q1 25 | 43.3% | -45.8% | ||
| Q4 24 | 52.2% | — | ||
| Q3 24 | 52.6% | -40.9% | ||
| Q2 24 | 52.6% | -80.2% | ||
| Q1 24 | 52.3% | -61.4% |
每股收益（稀释后）IIPRZLAB
| Q4 25 | $1.07 | $-0.05 | ||
| Q3 25 | $0.97 | $-0.03 | ||
| Q2 25 | $0.86 | $-0.04 | ||
| Q1 25 | $1.03 | $-0.04 | ||
| Q4 24 | $1.35 | $-0.09 | ||
| Q3 24 | $1.37 | $-0.04 | ||
| Q2 24 | $1.44 | $-0.08 | ||
| Q1 24 | $1.36 | $-0.05 |
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 | $47.6M | $689.6M |
| 总债务越低越好 | $393.7M | — |
| 股东权益账面价值 | $1.8B | $715.5M |
| 总资产 | $2.4B | $1.2B |
| 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IIPRZLAB
| Q4 25 | $47.6M | $689.6M | ||
| Q3 25 | $41.9M | $717.2M | ||
| Q2 25 | $104.9M | $732.2M | ||
| Q1 25 | $133.3M | $757.3M | ||
| Q4 24 | $151.2M | $779.7M | ||
| Q3 24 | $172.4M | $616.1M | ||
| Q2 24 | $160.9M | $630.0M | ||
| Q1 24 | $173.5M | $650.8M |
总债务IIPRZLAB
| Q4 25 | $393.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IIPRZLAB
| Q4 25 | $1.8B | $715.5M | ||
| Q3 25 | $1.9B | $759.9M | ||
| Q2 25 | $1.9B | $791.7M | ||
| Q1 25 | $1.9B | $810.8M | ||
| Q4 24 | $1.9B | $840.9M | ||
| Q3 24 | $1.9B | $667.7M | ||
| Q2 24 | $1.9B | $704.2M | ||
| Q1 24 | $2.0B | $762.2M |
总资产IIPRZLAB
| Q4 25 | $2.4B | $1.2B | ||
| Q3 25 | $2.3B | $1.2B | ||
| Q2 25 | $2.3B | $1.2B | ||
| Q1 25 | $2.4B | $1.2B | ||
| Q4 24 | $2.4B | $1.2B | ||
| Q3 24 | $2.4B | $985.3M | ||
| Q2 24 | $2.4B | $987.4M | ||
| Q1 24 | $2.4B | $988.4M |
负债/权益比IIPRZLAB
| 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 | $198.2M | $-26.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-26.7M |
| 自由现金流率自由现金流/营收 | — | -21.0% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 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 | — | $-158.9M |
8季度趋势，按日历期对齐
经营现金流IIPRZLAB
| Q4 25 | $198.2M | $-26.0M | ||
| Q3 25 | $45.6M | $-32.0M | ||
| Q2 25 | $48.4M | $-31.0M | ||
| Q1 25 | $54.2M | $-61.7M | ||
| Q4 24 | $258.4M | $-55.8M | ||
| Q3 24 | $64.9M | $-26.8M | ||
| Q2 24 | $64.2M | $-42.2M | ||
| Q1 24 | $71.6M | $-90.1M |
自由现金流IIPRZLAB
| Q4 25 | — | $-26.7M | ||
| Q3 25 | — | $-35.0M | ||
| Q2 25 | — | $-33.9M | ||
| Q1 25 | — | $-63.2M | ||
| Q4 24 | — | $-58.4M | ||
| Q3 24 | — | $-28.2M | ||
| Q2 24 | — | $-42.9M | ||
| Q1 24 | — | $-91.1M |
自由现金流率IIPRZLAB
| Q4 25 | — | -21.0% | ||
| Q3 25 | — | -30.4% | ||
| Q2 25 | — | -31.1% | ||
| Q1 25 | — | -59.9% | ||
| Q4 24 | — | -53.8% | ||
| Q3 24 | — | -27.7% | ||
| Q2 24 | — | -42.9% | ||
| Q1 24 | — | -104.5% |
资本支出强度IIPRZLAB
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 1.1% |
现金转化率IIPRZLAB
| Q4 25 | 6.22× | — | ||
| Q3 25 | 1.56× | — | ||
| Q2 25 | 1.86× | — | ||
| Q1 25 | 1.75× | — | ||
| Q4 24 | 6.46× | — | ||
| Q3 24 | 1.61× | — | ||
| Q2 24 | 1.53× | — | ||
| Q1 24 | 1.82× | — |
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
IIPR
暂无分部数据
ZLAB
| Zejula | $56.0M | 44% |
| Other | $21.9M | 17% |
| Nuzyra | $16.0M | 13% |
| Optune | $11.9M | 9% |
| XACDURO | $10.7M | 8% |
| Qinlock | $9.7M | 8% |
| AUGTYRO | $836.0K | 1% |
