vs
Heritage Distilling Holding Company, Inc.（IPST）与Rocky Mountain Chocolate Factory, Inc.（RMCF）财务数据对比。点击上方公司名可切换其他公司
Rocky Mountain Chocolate Factory, Inc.的季度营收约是Heritage Distilling Holding Company, Inc.的1.6倍（$7.5M vs $4.7M），Rocky Mountain Chocolate Factory, Inc.净利率更高（-2.1% vs -6862.0%，领先6859.9%）
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。
落基山巧克力厂是美国知名巧克力企业，同时开展国际特许经营业务，集糖果生产与零售运营于一体，总部位于美国科罗拉多州杜兰戈，除美国本土门店外，在巴拿马、菲律宾也设有经营网点。
IPST vs RMCF — 直观对比
营收规模更大
RMCF
是对方的1.6倍
$4.7M
净利率更高
RMCF
高出6859.9%
-6862.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.7M | $7.5M |
| 净利润 | $-323.7M | $-155.0K |
| 毛利率 | 68.5% | 34.0% |
| 营业利润率 | -2622.6% | 1.1% |
| 净利率 | -6862.0% | -2.1% |
| 营收同比 | — | -4.4% |
| 净利润同比 | — | 81.7% |
| 每股收益（稀释后） | $-31.89 | $-0.02 |
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IPSTRMCF
| Q4 25 | $4.7M | $7.5M | ||
| Q3 25 | $3.0M | $6.8M | ||
| Q2 25 | $1.3M | $6.4M | ||
| Q1 25 | $1.1M | $8.9M | ||
| Q4 24 | — | $7.9M | ||
| Q3 24 | $1.8M | $6.4M | ||
| Q2 24 | — | $6.4M | ||
| Q1 24 | — | $7.3M |
净利润IPSTRMCF
| Q4 25 | $-323.7M | $-155.0K | ||
| Q3 25 | $196.3M | $-662.0K | ||
| Q2 25 | $-7.3M | $-324.0K | ||
| Q1 25 | $-3.0M | $-2.9M | ||
| Q4 24 | — | $-847.0K | ||
| Q3 24 | $-3.4M | $-722.0K | ||
| Q2 24 | — | $-1.7M | ||
| Q1 24 | — | $-1.6M |
毛利率IPSTRMCF
| Q4 25 | 68.5% | 34.0% | ||
| Q3 25 | 61.3% | 23.6% | ||
| Q2 25 | 17.2% | 31.1% | ||
| Q1 25 | 24.9% | 10.8% | ||
| Q4 24 | — | 23.4% | ||
| Q3 24 | 35.8% | 31.8% | ||
| Q2 24 | — | 12.8% | ||
| Q1 24 | — | 24.3% |
营业利润率IPSTRMCF
| Q4 25 | -2622.6% | 1.1% | ||
| Q3 25 | -38.4% | -7.0% | ||
| Q2 25 | -503.0% | -2.3% | ||
| Q1 25 | -224.5% | -30.3% | ||
| Q4 24 | — | -8.9% | ||
| Q3 24 | -118.1% | -14.3% | ||
| Q2 24 | — | -25.4% | ||
| Q1 24 | — | -21.7% |
净利率IPSTRMCF
| Q4 25 | -6862.0% | -2.1% | ||
| Q3 25 | 6566.2% | -9.7% | ||
| Q2 25 | -551.9% | -5.1% | ||
| Q1 25 | -277.8% | -32.5% | ||
| Q4 24 | — | -10.7% | ||
| Q3 24 | -194.9% | -11.3% | ||
| Q2 24 | — | -25.9% | ||
| Q1 24 | — | -21.9% |
每股收益（稀释后）IPSTRMCF
| Q4 25 | $-31.89 | $-0.02 | ||
| Q3 25 | $16.97 | $-0.09 | ||
| Q2 25 | $-0.77 | $-0.04 | ||
| Q1 25 | $-0.34 | $-0.38 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | $-160.41 | $-0.11 | ||
| Q2 24 | — | $-0.26 | ||
| Q1 24 | — | $-0.25 |
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 | — | $641.0K |
| 总债务越低越好 | $2.6M | — |
| 股东权益账面价值 | $98.2M | $6.0M |
| 总资产 | $108.8M | $20.7M |
| 负债/权益比越低杠杆越低 | 0.03× | — |
8季度趋势，按日历期对齐
现金及短期投资IPSTRMCF
| Q4 25 | — | $641.0K | ||
| Q3 25 | — | $2.0M | ||
| Q2 25 | — | $893.0K | ||
| Q1 25 | — | $720.0K | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | — | $973.0K | ||
| Q2 24 | — | $637.0K | ||
| Q1 24 | — | $2.1M |
总债务IPSTRMCF
| 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IPSTRMCF
| Q4 25 | $98.2M | $6.0M | ||
| Q3 25 | $420.4M | $6.1M | ||
| Q2 25 | $-2.9M | $6.7M | ||
| Q1 25 | $-329.0K | $7.0M | ||
| Q4 24 | — | $9.8M | ||
| Q3 24 | $-34.0M | $10.5M | ||
| Q2 24 | — | $9.0M | ||
| Q1 24 | — | $10.6M |
总资产IPSTRMCF
| Q4 25 | $108.8M | $20.7M | ||
| Q3 25 | $482.8M | $22.3M | ||
| Q2 25 | $26.5M | $20.1M | ||
| Q1 25 | $27.1M | $21.2M | ||
| Q4 24 | — | $21.6M | ||
| Q3 24 | $31.1M | $21.1M | ||
| Q2 24 | — | $19.0M | ||
| Q1 24 | — | $20.6M |
负债/权益比IPSTRMCF
| 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 | $-1.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.3M |
| 自由现金流率自由现金流/营收 | — | -16.9% |
| 资本支出强度资本支出/营收 | 0.0% | 0.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 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IPSTRMCF
| Q4 25 | $-7.5M | $-1.2M | ||
| Q3 25 | $-4.3M | $-488.0K | ||
| Q2 25 | $-1.5M | $350.0K | ||
| Q1 25 | $-2.0M | $1.2M | ||
| Q4 24 | — | $-2.1M | ||
| Q3 24 | — | $-3.5M | ||
| Q2 24 | — | $-2.2M | ||
| Q1 24 | — | $129.0K |
自由现金流IPSTRMCF
| Q4 25 | — | $-1.3M | ||
| Q3 25 | $-4.3M | $-544.0K | ||
| Q2 25 | $-1.5M | $182.0K | ||
| Q1 25 | $-2.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-4.6M | ||
| Q2 24 | — | $-2.6M | ||
| Q1 24 | — | $-352.3K |
自由现金流率IPSTRMCF
| Q4 25 | — | -16.9% | ||
| Q3 25 | -144.7% | -8.0% | ||
| Q2 25 | -115.3% | 2.9% | ||
| Q1 25 | -187.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -72.6% | ||
| Q2 24 | — | -40.2% | ||
| Q1 24 | — | -4.9% |
资本支出强度IPSTRMCF
| Q4 25 | 0.0% | 0.5% | ||
| Q3 25 | 1.5% | 0.8% | ||
| Q2 25 | 0.9% | 2.6% | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 17.5% | ||
| Q2 24 | — | 6.5% | ||
| Q1 24 | — | 6.6% |
现金转化率IPSTRMCF
| Q4 25 | — | — | ||
| Q3 25 | -0.02× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
RMCF
| Manufacturing | $5.9M | 78% |
| Transferred At Point In Time | $1.2M | 16% |
| Other | $414.0K | 5% |
