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KADANT INC（KAI）与福尼克斯（PLAB）财务数据对比。点击上方公司名可切换其他公司
KADANT INC的季度营收约是福尼克斯的1.3倍（$271.6M vs $210.4M），福尼克斯净利率更高（10.9% vs 10.2%，领先0.7%），KADANT INC同比增速更快（-0.0% vs -5.5%），KADANT INC自由现金流更多（$44.1M vs $25.2M），过去两年KADANT INC的营收复合增速更高（6.7% vs -3.8%）
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。
福尼克斯是美国半导体光掩模制造商，2009年时位居全球第三大光掩模供应商，同时也是电子束产业倡议组织的成员，专注于为半导体行业提供关键的掩模产品，支撑芯片制造环节的图形转移需求。
KAI vs PLAB — 直观对比
营收规模更大
KAI
是对方的1.3倍
$210.4M
营收增速更快
KAI
高出5.5%
-5.5%
净利率更高
PLAB
高出0.7%
10.2%
自由现金流更多
KAI
多$18.8M
$25.2M
两年增速更快
KAI
近两年复合增速
-3.8%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $271.6M | $210.4M |
| 净利润 | $27.7M | $22.9M |
| 毛利率 | 45.2% | 33.7% |
| 营业利润率 | 15.7% | 22.9% |
| 净利率 | 10.2% | 10.9% |
| 营收同比 | -0.0% | -5.5% |
| 净利润同比 | -12.2% | -32.4% |
| 每股收益（稀释后） | $2.35 | $0.39 |
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KAIPLAB
| Q3 25 | $271.6M | $210.4M | ||
| Q2 25 | $255.3M | $211.0M | ||
| Q1 25 | $239.2M | $212.1M | ||
| Q4 24 | $258.0M | $222.6M | ||
| Q3 24 | $271.6M | $211.0M | ||
| Q2 24 | $274.8M | $217.0M | ||
| Q1 24 | $249.0M | $216.3M | ||
| Q4 23 | $238.7M | $227.5M |
净利润KAIPLAB
| Q3 25 | $27.7M | $22.9M | ||
| Q2 25 | $26.2M | $8.9M | ||
| Q1 25 | $24.1M | $42.9M | ||
| Q4 24 | $24.0M | $33.9M | ||
| Q3 24 | $31.6M | $34.4M | ||
| Q2 24 | $31.3M | $36.3M | ||
| Q1 24 | $24.7M | $26.2M | ||
| Q4 23 | $27.4M | $44.6M |
毛利率KAIPLAB
| Q3 25 | 45.2% | 33.7% | ||
| Q2 25 | 45.9% | 36.9% | ||
| Q1 25 | 46.1% | 35.6% | ||
| Q4 24 | 43.4% | 37.0% | ||
| Q3 24 | 44.7% | 35.6% | ||
| Q2 24 | 44.4% | 36.5% | ||
| Q1 24 | 44.6% | 36.6% | ||
| Q4 23 | 42.7% | 37.3% |
营业利润率KAIPLAB
| Q3 25 | 15.7% | 22.9% | ||
| Q2 25 | 15.4% | 26.4% | ||
| Q1 25 | 14.9% | 24.6% | ||
| Q4 24 | 14.3% | 25.1% | ||
| Q3 24 | 18.0% | 24.7% | ||
| Q2 24 | 17.6% | 25.8% | ||
| Q1 24 | 14.8% | 26.6% | ||
| Q4 23 | 16.3% | 28.5% |
净利率KAIPLAB
| Q3 25 | 10.2% | 10.9% | ||
| Q2 25 | 10.2% | 4.2% | ||
| Q1 25 | 10.1% | 20.2% | ||
| Q4 24 | 9.3% | 15.2% | ||
| Q3 24 | 11.6% | 16.3% | ||
| Q2 24 | 11.4% | 16.7% | ||
| Q1 24 | 9.9% | 12.1% | ||
| Q4 23 | 11.5% | 19.6% |
每股收益（稀释后）KAIPLAB
| Q3 25 | $2.35 | $0.39 | ||
| Q2 25 | $2.22 | $0.15 | ||
| Q1 25 | $2.04 | $0.68 | ||
| Q4 24 | $2.04 | $0.54 | ||
| Q3 24 | $2.68 | $0.55 | ||
| Q2 24 | $2.66 | $0.58 | ||
| Q1 24 | $2.10 | $0.42 | ||
| Q4 23 | $2.33 | $0.71 |
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 | $575.8M |
| 总债务越低越好 | $254.6M | $16.0K |
| 股东权益账面价值 | $949.8M | $1.1B |
| 总资产 | $1.5B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.27× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资KAIPLAB
| Q3 25 | $124.5M | $575.8M | ||
| Q2 25 | $95.3M | $558.4M | ||
| Q1 25 | $91.7M | $642.2M | ||
| Q4 24 | $94.7M | $640.7M | ||
| Q3 24 | $88.4M | $606.4M | ||
| Q2 24 | $73.8M | $559.9M | ||
| Q1 24 | $81.4M | $521.5M | ||
| Q4 23 | $103.8M | $512.2M |
总债务KAIPLAB
| Q3 25 | $254.6M | $16.0K | ||
| Q2 25 | $245.7M | $19.0K | ||
| Q1 25 | $273.5M | $21.0K | ||
| Q4 24 | $285.2M | $25.0K | ||
| Q3 24 | $323.2M | $28.0K | ||
| Q2 24 | $342.0M | $2.5M | ||
| Q1 24 | $306.8M | $2.7M | ||
| Q4 23 | $107.7M | $18.0M |
股东权益KAIPLAB
| Q3 25 | $949.8M | $1.1B | ||
| Q2 25 | $926.0M | $1.1B | ||
| Q1 25 | $876.0M | $1.1B | ||
| Q4 24 | $847.1M | $1.1B | ||
| Q3 24 | $851.7M | $1.1B | ||
| Q2 24 | $807.7M | $1.0B | ||
| Q1 24 | $782.7M | $1.0B | ||
| Q4 23 | $773.7M | $975.0M |
总资产KAIPLAB
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.5B | $1.7B | ||
| Q1 25 | $1.4B | $1.7B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.5B | $1.6B | ||
| Q2 24 | $1.5B | $1.6B | ||
| Q1 24 | $1.4B | $1.6B | ||
| Q4 23 | $1.2B | $1.5B |
负债/权益比KAIPLAB
| Q3 25 | 0.27× | 0.00× | ||
| Q2 25 | 0.27× | 0.00× | ||
| Q1 25 | 0.31× | 0.00× | ||
| Q4 24 | 0.34× | 0.00× | ||
| Q3 24 | 0.38× | 0.00× | ||
| Q2 24 | 0.42× | 0.00× | ||
| Q1 24 | 0.39× | 0.00× | ||
| Q4 23 | 0.14× | 0.02× |
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 | $50.1M |
| 自由现金流经营现金流 - 资本支出 | $44.1M | $25.2M |
| 自由现金流率自由现金流/营收 | 16.2% | 12.0% |
| 资本支出强度资本支出/营收 | 1.2% | 11.8% |
| 现金转化率经营现金流/净利润 | 1.70× | 2.19× |
| 过去12个月自由现金流最近4个季度 | $145.9M | $64.5M |
8季度趋势，按日历期对齐
经营现金流KAIPLAB
| Q3 25 | $47.3M | $50.1M | ||
| Q2 25 | $40.5M | $31.5M | ||
| Q1 25 | $22.8M | $78.5M | ||
| Q4 24 | $51.9M | $68.4M | ||
| Q3 24 | $52.5M | $75.1M | ||
| Q2 24 | $28.1M | $76.5M | ||
| Q1 24 | $22.8M | $41.5M | ||
| Q4 23 | $59.2M | $106.6M |
自由现金流KAIPLAB
| Q3 25 | $44.1M | $25.2M | ||
| Q2 25 | $36.5M | $-29.1M | ||
| Q1 25 | $19.0M | $43.3M | ||
| Q4 24 | $46.3M | $25.2M | ||
| Q3 24 | $48.3M | $50.7M | ||
| Q2 24 | $23.1M | $56.5M | ||
| Q1 24 | $16.6M | $-1.8M | ||
| Q4 23 | $49.5M | $54.1M |
自由现金流率KAIPLAB
| Q3 25 | 16.2% | 12.0% | ||
| Q2 25 | 14.3% | -13.8% | ||
| Q1 25 | 7.9% | 20.4% | ||
| Q4 24 | 17.9% | 11.3% | ||
| Q3 24 | 17.8% | 24.0% | ||
| Q2 24 | 8.4% | 26.0% | ||
| Q1 24 | 6.7% | -0.8% | ||
| Q4 23 | 20.7% | 23.8% |
资本支出强度KAIPLAB
| Q3 25 | 1.2% | 11.8% | ||
| Q2 25 | 1.6% | 28.7% | ||
| Q1 25 | 1.6% | 16.6% | ||
| Q4 24 | 2.2% | 19.4% | ||
| Q3 24 | 1.5% | 11.6% | ||
| Q2 24 | 1.8% | 9.2% | ||
| Q1 24 | 2.5% | 20.0% | ||
| Q4 23 | 4.1% | 23.1% |
现金转化率KAIPLAB
| Q3 25 | 1.70× | 2.19× | ||
| Q2 25 | 1.55× | 3.55× | ||
| Q1 25 | 0.95× | 1.83× | ||
| Q4 24 | 2.16× | 2.02× | ||
| Q3 24 | 1.66× | 2.18× | ||
| Q2 24 | 0.90× | 2.11× | ||
| Q1 24 | 0.92× | 1.59× | ||
| Q4 23 | 2.16× | 2.39× |
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% |
PLAB
| High End Integrated Circuits | $53.6M | 25% |
| High End Flat Panel Displays | $53.5M | 25% |
| KR | $43.7M | 21% |
| Other | $42.1M | 20% |
| Mainstream Flat Panel Displays | $9.1M | 4% |
| Transferred At Point In Time | $8.4M | 4% |
