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KADANT INC（KAI）与PicoCELA Inc.（PCLA）财务数据对比。点击上方公司名可切换其他公司
KADANT INC的季度营收约是PicoCELA Inc.的1.1倍（$271.6M vs $252.6M），KADANT INC净利率更高（10.2% vs -125.2%，领先135.4%），KADANT INC自由现金流更多（$44.1M vs $-256.6M）
Kadant Inc.创立于1991年，最初是Thermo Electron的子公司，部分股权私有、部分公开交易，2001年完成完全分拆并启用现名。公司服务于造纸、废纸回收、木材加工、物料搬运等多个加工领域，是业务覆盖亚洲、欧洲、北美、南美的跨国企业。
PicoCELA Inc.是一家专注于低功耗高可靠性无线连接解决方案的科技企业，主营Wi-Fi HaLow模块、边缘网络基础设施等产品，服务工业物联网、智慧城市、零售、智能家居等领域，业务覆盖亚洲、北美及欧洲核心市场。
KAI vs PCLA — 直观对比
营收规模更大
KAI
是对方的1.1倍
$252.6M
净利率更高
KAI
高出135.4%
-125.2%
自由现金流更多
KAI
多$300.6M
$-256.6M
损益表 — Q3 FY2025 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $271.6M | $252.6M |
| 净利润 | $27.7M | $-316.2M |
| 毛利率 | 45.2% | — |
| 营业利润率 | 15.7% | -114.8% |
| 净利率 | 10.2% | -125.2% |
| 营收同比 | -0.0% | — |
| 净利润同比 | -12.2% | — |
| 每股收益（稀释后） | $2.35 | — |
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KAIPCLA
| Q3 25 | $271.6M | — | ||
| Q2 25 | $255.3M | — | ||
| Q1 25 | $239.2M | $252.6M | ||
| Q4 24 | $258.0M | — | ||
| Q3 24 | $271.6M | — | ||
| Q2 24 | $274.8M | — | ||
| Q1 24 | $249.0M | — | ||
| Q4 23 | $238.7M | — |
净利润KAIPCLA
| Q3 25 | $27.7M | — | ||
| Q2 25 | $26.2M | — | ||
| Q1 25 | $24.1M | $-316.2M | ||
| Q4 24 | $24.0M | — | ||
| Q3 24 | $31.6M | — | ||
| Q2 24 | $31.3M | — | ||
| Q1 24 | $24.7M | — | ||
| Q4 23 | $27.4M | — |
毛利率KAIPCLA
| Q3 25 | 45.2% | — | ||
| Q2 25 | 45.9% | — | ||
| Q1 25 | 46.1% | — | ||
| Q4 24 | 43.4% | — | ||
| Q3 24 | 44.7% | — | ||
| Q2 24 | 44.4% | — | ||
| Q1 24 | 44.6% | — | ||
| Q4 23 | 42.7% | — |
营业利润率KAIPCLA
| Q3 25 | 15.7% | — | ||
| Q2 25 | 15.4% | — | ||
| Q1 25 | 14.9% | -114.8% | ||
| Q4 24 | 14.3% | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 17.6% | — | ||
| Q1 24 | 14.8% | — | ||
| Q4 23 | 16.3% | — |
净利率KAIPCLA
| Q3 25 | 10.2% | — | ||
| Q2 25 | 10.2% | — | ||
| Q1 25 | 10.1% | -125.2% | ||
| Q4 24 | 9.3% | — | ||
| Q3 24 | 11.6% | — | ||
| Q2 24 | 11.4% | — | ||
| Q1 24 | 9.9% | — | ||
| Q4 23 | 11.5% | — |
每股收益（稀释后）KAIPCLA
| Q3 25 | $2.35 | — | ||
| Q2 25 | $2.22 | — | ||
| Q1 25 | $2.04 | — | ||
| Q4 24 | $2.04 | — | ||
| Q3 24 | $2.68 | — | ||
| Q2 24 | $2.66 | — | ||
| Q1 24 | $2.10 | — | ||
| Q4 23 | $2.33 | — |
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 | $124.5M | $456.8M |
| 总债务越低越好 | $254.6M | — |
| 股东权益账面价值 | $949.8M | $354.8M |
| 总资产 | $1.5B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.27× | — |
8季度趋势，按日历期对齐
现金及短期投资KAIPCLA
| Q3 25 | $124.5M | — | ||
| Q2 25 | $95.3M | — | ||
| Q1 25 | $91.7M | $456.8M | ||
| Q4 24 | $94.7M | — | ||
| Q3 24 | $88.4M | — | ||
| Q2 24 | $73.8M | — | ||
| Q1 24 | $81.4M | — | ||
| Q4 23 | $103.8M | — |
总债务KAIPCLA
| Q3 25 | $254.6M | — | ||
| Q2 25 | $245.7M | — | ||
| Q1 25 | $273.5M | — | ||
| Q4 24 | $285.2M | — | ||
| Q3 24 | $323.2M | — | ||
| Q2 24 | $342.0M | — | ||
| Q1 24 | $306.8M | — | ||
| Q4 23 | $107.7M | — |
股东权益KAIPCLA
| Q3 25 | $949.8M | — | ||
| Q2 25 | $926.0M | — | ||
| Q1 25 | $876.0M | $354.8M | ||
| Q4 24 | $847.1M | — | ||
| Q3 24 | $851.7M | — | ||
| Q2 24 | $807.7M | — | ||
| Q1 24 | $782.7M | — | ||
| Q4 23 | $773.7M | — |
总资产KAIPCLA
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.4B | — | ||
| Q4 23 | $1.2B | — |
负债/权益比KAIPCLA
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.27× | — | ||
| Q1 25 | 0.31× | — | ||
| Q4 24 | 0.34× | — | ||
| Q3 24 | 0.38× | — | ||
| Q2 24 | 0.42× | — | ||
| Q1 24 | 0.39× | — | ||
| Q4 23 | 0.14× | — |
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 | $47.3M | $-245.6M |
| 自由现金流经营现金流 - 资本支出 | $44.1M | $-256.6M |
| 自由现金流率自由现金流/营收 | 16.2% | -101.6% |
| 资本支出强度资本支出/营收 | 1.2% | 4.3% |
| 现金转化率经营现金流/净利润 | 1.70× | — |
| 过去12个月自由现金流最近4个季度 | $145.9M | — |
8季度趋势，按日历期对齐
经营现金流KAIPCLA
| Q3 25 | $47.3M | — | ||
| Q2 25 | $40.5M | — | ||
| Q1 25 | $22.8M | $-245.6M | ||
| Q4 24 | $51.9M | — | ||
| Q3 24 | $52.5M | — | ||
| Q2 24 | $28.1M | — | ||
| Q1 24 | $22.8M | — | ||
| Q4 23 | $59.2M | — |
自由现金流KAIPCLA
| Q3 25 | $44.1M | — | ||
| Q2 25 | $36.5M | — | ||
| Q1 25 | $19.0M | $-256.6M | ||
| Q4 24 | $46.3M | — | ||
| Q3 24 | $48.3M | — | ||
| Q2 24 | $23.1M | — | ||
| Q1 24 | $16.6M | — | ||
| Q4 23 | $49.5M | — |
自由现金流率KAIPCLA
| Q3 25 | 16.2% | — | ||
| Q2 25 | 14.3% | — | ||
| Q1 25 | 7.9% | -101.6% | ||
| Q4 24 | 17.9% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | 8.4% | — | ||
| Q1 24 | 6.7% | — | ||
| Q4 23 | 20.7% | — |
资本支出强度KAIPCLA
| Q3 25 | 1.2% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 1.6% | 4.3% | ||
| Q4 24 | 2.2% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 1.8% | — | ||
| Q1 24 | 2.5% | — | ||
| Q4 23 | 4.1% | — |
现金转化率KAIPCLA
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.55× | — | ||
| Q1 25 | 0.95× | — | ||
| Q4 24 | 2.16× | — | ||
| Q3 24 | 1.66× | — | ||
| Q2 24 | 0.90× | — | ||
| Q1 24 | 0.92× | — | ||
| Q4 23 | 2.16× | — |
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
KAI
| Flow Control | $94.8M | 35% |
| Capital | $83.2M | 31% |
| Material Handling Systems | $70.3M | 26% |
| Transferred Over Time | $17.1M | 6% |
| Other | $6.1M | 2% |
PCLA
| Revenue from product | $179.1M | 71% |
| Revenue from SaaS, Maintenance and others | $42.4M | 17% |
| Revenue from product – related party | $31.0M | 12% |
