vs
KKR Real Estate Finance Trust Inc.（KREF）与NATURAL ALTERNATIVES INTERNATIONAL INC（NAII）财务数据对比。点击上方公司名可切换其他公司
NATURAL ALTERNATIVES INTERNATIONAL INC的季度营收约是KKR Real Estate Finance Trust Inc.的1.3倍（$34.8M vs $25.8M），NATURAL ALTERNATIVES INTERNATIONAL INC净利率更高（-7.3% vs -101.7%，领先94.4%），NATURAL ALTERNATIVES INTERNATIONAL INC同比增速更快（2.1% vs -26.6%），过去两年NATURAL ALTERNATIVES INTERNATIONAL INC的营收复合增速更高（17.7% vs -18.8%）
KKR房地产金融信托公司是全球投资机构KKR旗下的专业房地产金融平台，主要发起、收购并管理优先担保商业地产贷款组合，抵押物多为美国各地的优质机构级商业地产，通过贷款利息收入为投资者提供稳定的经风险调整后的回报。
天然替代品国际公司（NAI）是一家总部位于美国加利福尼亚州卡尔斯巴德的企业，主打营养补充剂生产，知名产品包括Juice Plus。公司由马克·A·勒杜创立于1980年，生产基地分布在美国加利福尼亚州维斯塔、瑞士与日本，在营养补充剂代工生产领域拥有多年经验。
KREF vs NAII — 直观对比
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $25.8M | $34.8M |
| 净利润 | $-26.2M | $-2.6M |
| 毛利率 | — | 7.2% |
| 营业利润率 | -105.1% | -5.3% |
| 净利率 | -101.7% | -7.3% |
| 营收同比 | -26.6% | 2.1% |
| 净利润同比 | -229.6% | -16.5% |
| 每股收益（稀释后） | $-0.49 | $-0.42 |
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
| Q4 25 | $25.8M | $34.8M | ||
| Q3 25 | $25.3M | $37.7M | ||
| Q2 25 | $30.2M | $33.9M | ||
| Q1 25 | $31.3M | $28.8M | ||
| Q4 24 | $35.1M | $34.1M | ||
| Q3 24 | $37.0M | $33.1M | ||
| Q2 24 | $40.4M | $29.5M | ||
| Q1 24 | $39.1M | $25.1M |
| Q4 25 | $-26.2M | $-2.6M | ||
| Q3 25 | $13.8M | $-291.0K | ||
| Q2 25 | $-29.7M | $-7.2M | ||
| Q1 25 | $-4.9M | $-2.2M | ||
| Q4 24 | $20.3M | $-2.2M | ||
| Q3 24 | $-7.4M | $-2.0M | ||
| Q2 24 | $25.8M | $-1.9M | ||
| Q1 24 | $-3.1M | $-1.6M |
| Q4 25 | — | 7.2% | ||
| Q3 25 | — | 11.7% | ||
| Q2 25 | — | 10.4% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 4.9% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 4.8% | ||
| Q1 24 | — | 7.6% |
| Q4 25 | -105.1% | -5.3% | ||
| Q3 25 | 50.4% | 0.8% | ||
| Q2 25 | -101.3% | -5.7% | ||
| Q1 25 | -18.3% | -7.3% | ||
| Q4 24 | 55.8% | -8.2% | ||
| Q3 24 | -19.6% | -5.5% | ||
| Q2 24 | 63.3% | -8.6% | ||
| Q1 24 | -8.7% | -7.8% |
| Q4 25 | -101.7% | -7.3% | ||
| Q3 25 | 54.4% | -0.8% | ||
| Q2 25 | -98.5% | -21.3% | ||
| Q1 25 | -15.5% | -7.6% | ||
| Q4 24 | 57.7% | -6.4% | ||
| Q3 24 | -20.0% | -6.0% | ||
| Q2 24 | 63.9% | -6.4% | ||
| Q1 24 | -7.9% | -6.3% |
| Q4 25 | $-0.49 | $-0.42 | ||
| Q3 25 | $0.12 | $-0.05 | ||
| Q2 25 | $-0.53 | $-1.21 | ||
| Q1 25 | $-0.15 | $-0.37 | ||
| Q4 24 | $0.22 | $-0.37 | ||
| Q3 24 | $-0.19 | $-0.33 | ||
| Q2 24 | $0.29 | $-0.32 | ||
| Q1 24 | $-0.13 | $-0.27 |
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 | $84.6M | $3.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.2B | $67.0M |
| 总资产 | $6.5B | $153.3M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $84.6M | $3.8M | ||
| Q3 25 | $204.1M | $7.7M | ||
| Q2 25 | $107.7M | $12.3M | ||
| Q1 25 | $106.4M | $10.6M | ||
| Q4 24 | $104.9M | $8.7M | ||
| Q3 24 | $108.8M | $10.2M | ||
| Q2 24 | $107.2M | $12.0M | ||
| Q1 24 | $106.5M | $12.4M |
| Q4 25 | $1.2B | $67.0M | ||
| Q3 25 | $1.2B | $69.0M | ||
| Q2 25 | $1.2B | $68.4M | ||
| Q1 25 | $1.3B | $76.6M | ||
| Q4 24 | $1.3B | $79.1M | ||
| Q3 24 | $1.4B | $80.2M | ||
| Q2 24 | $1.4B | $82.6M | ||
| Q1 24 | $1.4B | $84.1M |
| Q4 25 | $6.5B | $153.3M | ||
| Q3 25 | $6.5B | $156.9M | ||
| Q2 25 | $6.8B | $151.9M | ||
| Q1 25 | $6.6B | $154.9M | ||
| Q4 24 | $6.4B | $156.1M | ||
| Q3 24 | $6.8B | $161.3M | ||
| Q2 24 | $7.1B | $162.3M | ||
| Q1 24 | $7.3B | $153.2M |
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 | $72.3M | $-6.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-7.3M |
| 自由现金流率自由现金流/营收 | — | -20.9% |
| 资本支出强度资本支出/营收 | — | 2.7% |
| 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 | — | $-5.2M |
8季度趋势，按日历期对齐
| Q4 25 | $72.3M | $-6.3M | ||
| Q3 25 | $18.5M | $-4.0M | ||
| Q2 25 | $21.1M | $3.3M | ||
| Q1 25 | $15.9M | $6.0M | ||
| Q4 24 | $132.6M | $37.0K | ||
| Q3 24 | $49.1M | $-3.4M | ||
| Q2 24 | $30.6M | $-2.7M | ||
| Q1 24 | $34.5M | $-3.6M |
| Q4 25 | — | $-7.3M | ||
| Q3 25 | — | $-5.1M | ||
| Q2 25 | — | $1.9M | ||
| Q1 25 | — | $5.2M | ||
| Q4 24 | — | $-1.0M | ||
| Q3 24 | — | $-3.7M | ||
| Q2 24 | — | $-3.8M | ||
| Q1 24 | — | $-3.9M |
| Q4 25 | — | -20.9% | ||
| Q3 25 | — | -13.4% | ||
| Q2 25 | — | 5.6% | ||
| Q1 25 | — | 18.0% | ||
| Q4 24 | — | -3.0% | ||
| Q3 24 | — | -11.3% | ||
| Q2 24 | — | -12.7% | ||
| Q1 24 | — | -15.5% |
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 1.1% |
| Q4 25 | — | — | ||
| Q3 25 | 1.34× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.54× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.19× | — | ||
| 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
KREF
暂无分部数据
NAII
| Private Label Contract Manufacturing | $32.8M | 94% |
| Patent And Trademark Licensing | $2.0M | 6% |
