vs
IMAX（IMAX）与POWER SOLUTIONS INTERNATIONAL, INC.（PSIX）财务数据对比。点击上方公司名可切换其他公司
POWER SOLUTIONS INTERNATIONAL, INC.的季度营收约是IMAX的1.5倍（$191.2M vs $125.2M），POWER SOLUTIONS INTERNATIONAL, INC.净利率更高（8.4% vs 0.5%，领先7.9%），IMAX同比增速更快（35.1% vs 32.5%），IMAX自由现金流更多（$28.0M vs $-7.6M），过去两年POWER SOLUTIONS INTERNATIONAL, INC.的营收复合增速更高（41.7% vs 25.8%）
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。
阿达尼能源解决方案有限公司（前身为阿达尼输电有限公司）是一家电力输配企业，总部位于艾哈迈达巴德。截至2025年4月，公司累计输电网络总长26696回路公里，是印度规模最大的民营输电企业之一。
IMAX vs PSIX — 直观对比
营收规模更大
PSIX
是对方的1.5倍
$125.2M
营收增速更快
IMAX
高出2.6%
32.5%
净利率更高
PSIX
高出7.9%
0.5%
自由现金流更多
IMAX
多$35.6M
$-7.6M
两年增速更快
PSIX
近两年复合增速
25.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $191.2M |
| 净利润 | $637.0K | $16.1M |
| 毛利率 | 57.6% | 21.9% |
| 营业利润率 | 19.3% | 12.7% |
| 净利率 | 0.5% | 8.4% |
| 营收同比 | 35.1% | 32.5% |
| 净利润同比 | -88.0% | -31.0% |
| 每股收益（稀释后） | $0.02 | $0.69 |
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IMAXPSIX
| Q4 25 | $125.2M | $191.2M | ||
| Q3 25 | $106.7M | $203.8M | ||
| Q2 25 | $91.7M | $191.9M | ||
| Q1 25 | $86.7M | $135.4M | ||
| Q4 24 | $92.7M | $144.3M | ||
| Q3 24 | $91.5M | $125.8M | ||
| Q2 24 | $89.0M | $110.6M | ||
| Q1 24 | $79.1M | $95.2M |
净利润IMAXPSIX
| Q4 25 | $637.0K | $16.1M | ||
| Q3 25 | $20.7M | $27.6M | ||
| Q2 25 | $11.3M | $51.2M | ||
| Q1 25 | $2.3M | $19.1M | ||
| Q4 24 | $5.3M | $23.3M | ||
| Q3 24 | $13.9M | $17.3M | ||
| Q2 24 | $3.6M | $21.5M | ||
| Q1 24 | $3.3M | $7.1M |
毛利率IMAXPSIX
| Q4 25 | 57.6% | 21.9% | ||
| Q3 25 | 63.1% | 23.9% | ||
| Q2 25 | 58.5% | 28.2% | ||
| Q1 25 | 61.4% | 29.7% | ||
| Q4 24 | 52.2% | 29.9% | ||
| Q3 24 | 55.8% | 28.9% | ||
| Q2 24 | 49.4% | 31.8% | ||
| Q1 24 | 59.3% | 27.0% |
营业利润率IMAXPSIX
| Q4 25 | 19.3% | 12.7% | ||
| Q3 25 | 27.2% | 13.9% | ||
| Q2 25 | 15.6% | 16.9% | ||
| Q1 25 | 19.3% | 18.2% | ||
| Q4 24 | 10.3% | 17.5% | ||
| Q3 24 | 21.2% | 16.3% | ||
| Q2 24 | 3.2% | 22.9% | ||
| Q1 24 | 15.3% | 11.2% |
净利率IMAXPSIX
| Q4 25 | 0.5% | 8.4% | ||
| Q3 25 | 19.4% | 13.5% | ||
| Q2 25 | 12.3% | 26.7% | ||
| Q1 25 | 2.7% | 14.1% | ||
| Q4 24 | 5.7% | 16.1% | ||
| Q3 24 | 15.2% | 13.8% | ||
| Q2 24 | 4.0% | 19.5% | ||
| Q1 24 | 4.1% | 7.5% |
每股收益（稀释后）IMAXPSIX
| Q4 25 | $0.02 | $0.69 | ||
| Q3 25 | $0.37 | $1.20 | ||
| Q2 25 | $0.20 | $2.22 | ||
| Q1 25 | $0.04 | $0.83 | ||
| Q4 24 | $0.09 | $1.01 | ||
| Q3 24 | $0.26 | $0.75 | ||
| Q2 24 | $0.07 | $0.94 | ||
| Q1 24 | $0.06 | $0.31 |
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 | $41.3M |
| 总债务越低越好 | — | $96.6M |
| 股东权益账面价值 | $337.9M | $178.6M |
| 总资产 | $894.0M | $424.7M |
| 负债/权益比越低杠杆越低 | — | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资IMAXPSIX
| Q4 25 | $151.2M | $41.3M | ||
| Q3 25 | $143.1M | $49.0M | ||
| Q2 25 | $109.3M | $49.5M | ||
| Q1 25 | $97.1M | $50.0M | ||
| Q4 24 | $100.6M | $55.3M | ||
| Q3 24 | $104.5M | $40.5M | ||
| Q2 24 | $91.6M | $28.8M | ||
| Q1 24 | $81.0M | $33.1M |
总债务IMAXPSIX
| Q4 25 | — | $96.6M | ||
| Q3 25 | — | $96.7M | ||
| Q2 25 | — | $1.8M | ||
| Q1 25 | — | $1.0M | ||
| Q4 24 | — | $184.0K | ||
| Q3 24 | — | $238.0K | ||
| Q2 24 | — | $292.0K | ||
| Q1 24 | — | $345.0K |
股东权益IMAXPSIX
| Q4 25 | $337.9M | $178.6M | ||
| Q3 25 | $349.5M | $162.5M | ||
| Q2 25 | $320.4M | $135.7M | ||
| Q1 25 | $299.5M | $84.3M | ||
| Q4 24 | $299.5M | $65.3M | ||
| Q3 24 | $289.4M | $42.1M | ||
| Q2 24 | $267.2M | $24.8M | ||
| Q1 24 | $258.8M | $3.2M |
总资产IMAXPSIX
| Q4 25 | $894.0M | $424.7M | ||
| Q3 25 | $889.6M | $458.9M | ||
| Q2 25 | $868.6M | $437.7M | ||
| Q1 25 | $848.3M | $372.7M | ||
| Q4 24 | $830.4M | $328.2M | ||
| Q3 24 | $847.6M | $339.1M | ||
| Q2 24 | $827.4M | $307.6M | ||
| Q1 24 | $824.1M | $286.8M |
负债/权益比IMAXPSIX
| Q4 25 | — | 0.54× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | — | 0.11× |
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 | $-4.6M |
| 自由现金流经营现金流 - 资本支出 | $28.0M | $-7.6M |
| 自由现金流率自由现金流/营收 | 22.3% | -4.0% |
| 资本支出强度资本支出/营收 | 1.1% | 1.6% |
| 现金转化率经营现金流/净利润 | 46.11× | -0.29× |
| 过去12个月自由现金流最近4个季度 | $118.9M | $14.1M |
8季度趋势，按日历期对齐
经营现金流IMAXPSIX
| Q4 25 | $29.4M | $-4.6M | ||
| Q3 25 | $67.5M | $3.3M | ||
| Q2 25 | $23.2M | $16.7M | ||
| Q1 25 | $7.0M | $8.8M | ||
| Q4 24 | $11.5M | $32.7M | ||
| Q3 24 | $35.3M | $12.6M | ||
| Q2 24 | $35.0M | $1.5M | ||
| Q1 24 | $-11.0M | $15.6M |
自由现金流IMAXPSIX
| Q4 25 | $28.0M | $-7.6M | ||
| Q3 25 | $64.8M | $1.7M | ||
| Q2 25 | $20.9M | $14.6M | ||
| Q1 25 | $5.3M | $5.4M | ||
| Q4 24 | $6.9M | $30.0M | ||
| Q3 24 | $34.2M | $12.1M | ||
| Q2 24 | $33.5M | $822.0K | ||
| Q1 24 | $-12.1M | $14.8M |
自由现金流率IMAXPSIX
| Q4 25 | 22.3% | -4.0% | ||
| Q3 25 | 60.7% | 0.8% | ||
| Q2 25 | 22.8% | 7.6% | ||
| Q1 25 | 6.1% | 4.0% | ||
| Q4 24 | 7.4% | 20.8% | ||
| Q3 24 | 37.3% | 9.7% | ||
| Q2 24 | 37.6% | 0.7% | ||
| Q1 24 | -15.3% | 15.6% |
资本支出强度IMAXPSIX
| Q4 25 | 1.1% | 1.6% | ||
| Q3 25 | 2.6% | 0.8% | ||
| Q2 25 | 2.6% | 1.1% | ||
| Q1 25 | 1.9% | 2.5% | ||
| Q4 24 | 5.0% | 1.8% | ||
| Q3 24 | 1.2% | 0.3% | ||
| Q2 24 | 1.8% | 0.6% | ||
| Q1 24 | 1.4% | 0.9% |
现金转化率IMAXPSIX
| Q4 25 | 46.11× | -0.29× | ||
| Q3 25 | 3.27× | 0.12× | ||
| Q2 25 | 2.06× | 0.33× | ||
| Q1 25 | 2.99× | 0.46× | ||
| Q4 24 | 2.16× | 1.40× | ||
| Q3 24 | 2.54× | 0.73× | ||
| Q2 24 | 9.78× | 0.07× | ||
| Q1 24 | -3.35× | 2.20× |
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% |
PSIX
| Energy End Market | $153.4M | 80% |
| Industrial End Market | $33.3M | 17% |
| Transportation End Market | $4.6M | 2% |
