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IMAX（IMAX）与Ingevity Corp（NGVT）财务数据对比。点击上方公司名可切换其他公司
Ingevity Corp的季度营收约是IMAX的1.5倍（$185.4M vs $125.2M），IMAX净利率更高（0.5% vs -45.6%，领先46.1%），Ingevity Corp同比增速更快（36.7% vs 35.1%），Ingevity Corp自由现金流更多（$73.5M vs $28.0M），过去两年IMAX的营收复合增速更高（25.8% vs -26.2%）
IMAX公司是加拿大的影视放映技术企业，1967年创立于蒙特利尔，总部位于多伦多地区，在纽约、洛杉矶均设有业务点。核心业务包括IMAX摄影机与放映系统的设计制造，同时面向全球合作影院提供影片开发、制作、后期及发行服务，是沉浸式观影技术领域的领先企业。
Ingevity Corp是一家全球特种化学品与先进材料生产商，主营高性能碳材料、路面养护解决方案及特种化工产品，服务汽车排放控制、工业净化、道路基建、农业投入品等核心市场，业务覆盖北美、欧洲及亚太地区。
IMAX vs NGVT — 直观对比
营收规模更大
NGVT
是对方的1.5倍
$125.2M
营收增速更快
NGVT
高出1.6%
35.1%
净利率更高
IMAX
高出46.1%
-45.6%
自由现金流更多
NGVT
多$45.5M
$28.0M
两年增速更快
IMAX
近两年复合增速
-26.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $185.4M |
| 净利润 | $637.0K | $-84.6M |
| 毛利率 | 57.6% | 41.2% |
| 营业利润率 | 19.3% | -47.7% |
| 净利率 | 0.5% | -45.6% |
| 营收同比 | 35.1% | 36.7% |
| 净利润同比 | -88.0% | -609.6% |
| 每股收益（稀释后） | $0.02 | $-2.33 |
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IMAXNGVT
| Q4 25 | $125.2M | $185.4M | ||
| Q3 25 | $106.7M | $333.1M | ||
| Q2 25 | $91.7M | $365.1M | ||
| Q1 25 | $86.7M | $284.0M | ||
| Q4 24 | $92.7M | $135.6M | ||
| Q3 24 | $91.5M | $333.8M | ||
| Q2 24 | $89.0M | $390.6M | ||
| Q1 24 | $79.1M | $340.1M |
净利润IMAXNGVT
| Q4 25 | $637.0K | $-84.6M | ||
| Q3 25 | $20.7M | $43.5M | ||
| Q2 25 | $11.3M | $-146.5M | ||
| Q1 25 | $2.3M | $20.5M | ||
| Q4 24 | $5.3M | $16.6M | ||
| Q3 24 | $13.9M | $-107.2M | ||
| Q2 24 | $3.6M | $-283.7M | ||
| Q1 24 | $3.3M | $-56.0M |
毛利率IMAXNGVT
| Q4 25 | 57.6% | 41.2% | ||
| Q3 25 | 63.1% | 40.2% | ||
| Q2 25 | 58.5% | 37.8% | ||
| Q1 25 | 61.4% | 39.9% | ||
| Q4 24 | 52.2% | 81.3% | ||
| Q3 24 | 55.8% | 39.4% | ||
| Q2 24 | 49.4% | 31.5% | ||
| Q1 24 | 59.3% | 29.3% |
营业利润率IMAXNGVT
| Q4 25 | 19.3% | -47.7% | ||
| Q3 25 | 27.2% | 18.7% | ||
| Q2 25 | 15.6% | -39.1% | ||
| Q1 25 | 19.3% | 9.4% | ||
| Q4 24 | 10.3% | — | ||
| Q3 24 | 21.2% | 33.0% | ||
| Q2 24 | 3.2% | 25.9% | ||
| Q1 24 | 15.3% | 22.6% |
净利率IMAXNGVT
| Q4 25 | 0.5% | -45.6% | ||
| Q3 25 | 19.4% | 13.1% | ||
| Q2 25 | 12.3% | -40.1% | ||
| Q1 25 | 2.7% | 7.2% | ||
| Q4 24 | 5.7% | 12.2% | ||
| Q3 24 | 15.2% | -32.1% | ||
| Q2 24 | 4.0% | -72.6% | ||
| Q1 24 | 4.1% | -16.5% |
每股收益（稀释后）IMAXNGVT
| Q4 25 | $0.02 | $-2.33 | ||
| Q3 25 | $0.37 | $1.18 | ||
| Q2 25 | $0.20 | $-4.02 | ||
| Q1 25 | $0.04 | $0.56 | ||
| Q4 24 | $0.09 | $0.44 | ||
| Q3 24 | $0.26 | $-2.94 | ||
| Q2 24 | $0.07 | $-7.81 | ||
| Q1 24 | $0.06 | $-1.54 |
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 | $151.2M | $78.1M |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $337.9M | $29.7M |
| 总资产 | $894.0M | $1.7B |
| 负债/权益比越低杠杆越低 | — | 39.10× |
8季度趋势，按日历期对齐
现金及短期投资IMAXNGVT
| Q4 25 | $151.2M | $78.1M | ||
| Q3 25 | $143.1M | $83.4M | ||
| Q2 25 | $109.3M | $76.9M | ||
| Q1 25 | $97.1M | $71.5M | ||
| Q4 24 | $100.6M | $68.0M | ||
| Q3 24 | $104.5M | $135.5M | ||
| Q2 24 | $91.6M | $107.4M | ||
| Q1 24 | $81.0M | $88.5M |
总债务IMAXNGVT
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
股东权益IMAXNGVT
| Q4 25 | $337.9M | $29.7M | ||
| Q3 25 | $349.5M | $138.1M | ||
| Q2 25 | $320.4M | $120.7M | ||
| Q1 25 | $299.5M | $234.6M | ||
| Q4 24 | $299.5M | $195.2M | ||
| Q3 24 | $289.4M | $214.5M | ||
| Q2 24 | $267.2M | $284.8M | ||
| Q1 24 | $258.8M | $568.2M |
总资产IMAXNGVT
| Q4 25 | $894.0M | $1.7B | ||
| Q3 25 | $889.6M | $1.8B | ||
| Q2 25 | $868.6M | $1.9B | ||
| Q1 25 | $848.3M | $2.1B | ||
| Q4 24 | $830.4M | $2.0B | ||
| Q3 24 | $847.6M | $2.2B | ||
| Q2 24 | $827.4M | $2.3B | ||
| Q1 24 | $824.1M | $2.6B |
负债/权益比IMAXNGVT
| Q4 25 | — | 39.10× | ||
| Q3 25 | — | 8.39× | ||
| Q2 25 | — | 10.24× | ||
| Q1 25 | — | 5.68× | ||
| Q4 24 | — | 6.86× | ||
| Q3 24 | — | 6.52× | ||
| Q2 24 | — | 4.92× | ||
| Q1 24 | — | 2.48× |
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 | $29.4M | $97.1M |
| 自由现金流经营现金流 - 资本支出 | $28.0M | $73.5M |
| 自由现金流率自由现金流/营收 | 22.3% | 39.6% |
| 资本支出强度资本支出/营收 | 1.1% | 12.7% |
| 现金转化率经营现金流/净利润 | 46.11× | — |
| 过去12个月自由现金流最近4个季度 | $118.9M | $273.5M |
8季度趋势，按日历期对齐
经营现金流IMAXNGVT
| Q4 25 | $29.4M | $97.1M | ||
| Q3 25 | $67.5M | $129.7M | ||
| Q2 25 | $23.2M | $79.0M | ||
| Q1 25 | $7.0M | $25.4M | ||
| Q4 24 | $11.5M | $64.5M | ||
| Q3 24 | $35.3M | $46.5M | ||
| Q2 24 | $35.0M | $29.7M | ||
| Q1 24 | $-11.0M | $-12.1M |
自由现金流IMAXNGVT
| Q4 25 | $28.0M | $73.5M | ||
| Q3 25 | $64.8M | $117.8M | ||
| Q2 25 | $20.9M | $66.8M | ||
| Q1 25 | $5.3M | $15.4M | ||
| Q4 24 | $6.9M | $39.6M | ||
| Q3 24 | $34.2M | $28.5M | ||
| Q2 24 | $33.5M | $11.6M | ||
| Q1 24 | $-12.1M | $-28.7M |
自由现金流率IMAXNGVT
| Q4 25 | 22.3% | 39.6% | ||
| Q3 25 | 60.7% | 35.4% | ||
| Q2 25 | 22.8% | 18.3% | ||
| Q1 25 | 6.1% | 5.4% | ||
| Q4 24 | 7.4% | 29.2% | ||
| Q3 24 | 37.3% | 8.5% | ||
| Q2 24 | 37.6% | 3.0% | ||
| Q1 24 | -15.3% | -8.4% |
资本支出强度IMAXNGVT
| Q4 25 | 1.1% | 12.7% | ||
| Q3 25 | 2.6% | 3.6% | ||
| Q2 25 | 2.6% | 3.3% | ||
| Q1 25 | 1.9% | 3.5% | ||
| Q4 24 | 5.0% | 18.4% | ||
| Q3 24 | 1.2% | 5.4% | ||
| Q2 24 | 1.8% | 4.6% | ||
| Q1 24 | 1.4% | 4.9% |
现金转化率IMAXNGVT
| Q4 25 | 46.11× | — | ||
| Q3 25 | 3.27× | 2.98× | ||
| Q2 25 | 2.06× | — | ||
| Q1 25 | 2.99× | 1.24× | ||
| Q4 24 | 2.16× | 3.89× | ||
| Q3 24 | 2.54× | — | ||
| Q2 24 | 9.78× | — | ||
| Q1 24 | -3.35× | — |
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
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
NGVT
| Performance Materials | $151.2M | 82% |
| Advanced Polymer Technologies Segment | $36.5M | 20% |
