vs
Heritage Distilling Holding Company, Inc.（IPST）与MESABI TRUST（MSB）财务数据对比。点击上方公司名可切换其他公司
Heritage Distilling Holding Company, Inc.的季度营收约是MESABI TRUST的1.3倍（$4.7M vs $3.6M），MESABI TRUST净利率更高（77.1% vs -6862.0%，领先6939.1%）
纽波特工艺酿酒蒸馏公司位于美国罗德岛州纽波特，1999年以滨海极限酿酒公司之名成立，是纽波特首家精酿微酿酒厂，2006年新增蒸馏业务，2018年改用现名以体现综合生产定位，目前生产多种啤酒与烈酒产品，分销网络覆盖美国东北部地区。
梅萨比信托是一家总部位于美国的特许权信托机构，持有明尼苏达州梅萨比山脉铁矿开采资产的特许权权益，主要通过与铁矿石生产销售挂钩的特许权使用费获得收益，服务于全球钢铁制造市场。
IPST vs MSB — 直观对比
营收规模更大
IPST
是对方的1.3倍
$3.6M
净利率更高
MSB
高出6939.1%
-6862.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.7M | $3.6M |
| 净利润 | $-323.7M | $2.8M |
| 毛利率 | 68.5% | 77.1% |
| 营业利润率 | -2622.6% | — |
| 净利率 | -6862.0% | 77.1% |
| 营收同比 | — | -95.5% |
| 净利润同比 | — | -96.5% |
| 每股收益（稀释后） | $-31.89 | — |
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IPSTMSB
| Q4 25 | $4.7M | $3.6M | ||
| Q3 25 | $3.0M | $5.6M | ||
| Q2 25 | $1.3M | $4.7M | ||
| Q1 25 | $1.1M | $6.9M | ||
| Q4 24 | — | $79.0M | ||
| Q3 24 | $1.8M | $6.5M | ||
| Q2 24 | — | $6.3M | ||
| Q1 24 | — | $6.2M |
净利润IPSTMSB
| Q4 25 | $-323.7M | $2.8M | ||
| Q3 25 | $196.3M | $4.7M | ||
| Q2 25 | $-7.3M | $3.6M | ||
| Q1 25 | $-3.0M | $6.1M | ||
| Q4 24 | — | $78.3M | ||
| Q3 24 | $-3.4M | $5.4M | ||
| Q2 24 | — | $3.5M | ||
| Q1 24 | — | $4.7M |
毛利率IPSTMSB
| Q4 25 | 68.5% | 77.1% | ||
| Q3 25 | 61.3% | 84.6% | ||
| Q2 25 | 17.2% | 76.7% | ||
| Q1 25 | 24.9% | 88.5% | ||
| Q4 24 | — | 99.1% | ||
| Q3 24 | 35.8% | 83.2% | ||
| Q2 24 | — | 55.7% | ||
| Q1 24 | — | 75.3% |
营业利润率IPSTMSB
| Q4 25 | -2622.6% | — | ||
| Q3 25 | -38.4% | — | ||
| Q2 25 | -503.0% | — | ||
| Q1 25 | -224.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -118.1% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
净利率IPSTMSB
| Q4 25 | -6862.0% | 77.1% | ||
| Q3 25 | 6566.2% | 84.6% | ||
| Q2 25 | -551.9% | 76.7% | ||
| Q1 25 | -277.8% | 88.5% | ||
| Q4 24 | — | 99.1% | ||
| Q3 24 | -194.9% | 83.2% | ||
| Q2 24 | — | 55.7% | ||
| Q1 24 | — | 75.3% |
每股收益（稀释后）IPSTMSB
| Q4 25 | $-31.89 | — | ||
| Q3 25 | $16.97 | — | ||
| Q2 25 | $-0.77 | — | ||
| Q1 25 | $-0.34 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-160.41 | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | — | — |
| 总债务越低越好 | $2.6M | — |
| 股东权益账面价值 | $98.2M | $21.1M |
| 总资产 | $108.8M | $26.0M |
| 负债/权益比越低杠杆越低 | 0.03× | — |
8季度趋势，按日历期对齐
总债务IPSTMSB
| Q4 25 | $2.6M | — | ||
| Q3 25 | $2.6M | — | ||
| Q2 25 | $13.0M | — | ||
| Q1 25 | $13.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $15.0M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IPSTMSB
| Q4 25 | $98.2M | $21.1M | ||
| Q3 25 | $420.4M | $22.8M | ||
| Q2 25 | $-2.9M | $19.6M | ||
| Q1 25 | $-329.0K | $23.3M | ||
| Q4 24 | — | $95.3M | ||
| Q3 24 | $-34.0M | $22.1M | ||
| Q2 24 | — | $20.7M | ||
| Q1 24 | — | $21.0M |
总资产IPSTMSB
| Q4 25 | $108.8M | $26.0M | ||
| Q3 25 | $482.8M | $24.8M | ||
| Q2 25 | $26.5M | $27.4M | ||
| Q1 25 | $27.1M | $101.7M | ||
| Q4 24 | — | $100.7M | ||
| Q3 24 | $31.1M | $26.2M | ||
| Q2 24 | — | $25.1M | ||
| Q1 24 | — | $26.7M |
负债/权益比IPSTMSB
| Q4 25 | 0.03× | — | ||
| Q3 25 | 0.01× | — | ||
| 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 | $-7.5M | $3.5M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | — | 1.27× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流IPSTMSB
| Q4 25 | $-7.5M | $3.5M | ||
| Q3 25 | $-4.3M | $4.4M | ||
| Q2 25 | $-1.5M | $2.1M | ||
| Q1 25 | $-2.0M | $93.9M | ||
| Q4 24 | — | $78.2M | ||
| Q3 24 | — | $3.8M | ||
| Q2 24 | — | $2.5M | ||
| Q1 24 | — | $14.6M |
自由现金流IPSTMSB
| Q4 25 | — | — | ||
| Q3 25 | $-4.3M | — | ||
| Q2 25 | $-1.5M | — | ||
| Q1 25 | $-2.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率IPSTMSB
| Q4 25 | — | — | ||
| Q3 25 | -144.7% | — | ||
| Q2 25 | -115.3% | — | ||
| Q1 25 | -187.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度IPSTMSB
| Q4 25 | 0.0% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率IPSTMSB
| Q4 25 | — | 1.27× | ||
| Q3 25 | -0.02× | 0.92× | ||
| Q2 25 | — | 0.57× | ||
| Q1 25 | — | 15.48× | ||
| Q4 24 | — | 1.00× | ||
| Q3 24 | — | 0.71× | ||
| Q2 24 | — | 0.72× | ||
| Q1 24 | — | 3.11× |
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
IPST
| Direct To Consumer | $3.0M | 63% |
| Wholesale | $1.2M | 26% |
| Other | $517.7K | 11% |
MSB
暂无分部数据
