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KVH INDUSTRIES INC \DE\（KVHI）与万物新生（RERE）财务数据对比。点击上方公司名可切换其他公司
万物新生的季度营收约是KVH INDUSTRIES INC \DE\的1.4倍（$43.2M vs $30.5M），万物新生净利率更高（16.9% vs 1.1%，领先15.8%）
KVH工业公司是一家专注于惯性导航系统、卫星通信解决方案及运动传感产品研发、生产与销售的全球化科技企业，核心客户覆盖航空航天、国防、海事运输、自动驾驶等领域，业务遍及北美、欧洲及亚太地区。
万物新生集团（ATRenew Inc.）是中国领先的二手消费电子产品交易与服务平台运营商，核心业务覆盖数码产品回收、质检、翻新及售卖，运营有爱回收等知名品牌，服务覆盖个人消费者及企业客户，市场遍及国内及部分东南亚地区。
KVHI vs RERE — 直观对比
营收规模更大
RERE
是对方的1.4倍
$30.5M
净利率更高
RERE
高出15.8%
1.1%
损益表 — Q4 FY2025 vs Q1 FY2023
| 指标 | | |
|---|---|---|
| 营收 | $30.5M | $43.2M |
| 净利润 | $331.0K | $7.3M |
| 毛利率 | — | — |
| 营业利润率 | -3.0% | — |
| 净利率 | 1.1% | 16.9% |
| 营收同比 | 13.4% | — |
| 净利润同比 | 107.7% | — |
| 每股收益（稀释后） | $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KVHIRERE
| Q4 25 | $30.5M | — | ||
| Q3 25 | $28.5M | — | ||
| Q2 25 | $26.6M | — | ||
| Q1 25 | $25.4M | — | ||
| Q4 24 | $26.9M | — | ||
| Q3 24 | $29.0M | — | ||
| Q2 24 | $28.7M | — | ||
| Q1 24 | $29.3M | — |
净利润KVHIRERE
| Q4 25 | $331.0K | — | ||
| Q3 25 | $-6.9M | — | ||
| Q2 25 | $930.0K | — | ||
| Q1 25 | $-1.7M | — | ||
| Q4 24 | $-4.3M | — | ||
| Q3 24 | $-1.2M | — | ||
| Q2 24 | $-2.4M | — | ||
| Q1 24 | $-3.2M | — |
营业利润率KVHIRERE
| Q4 25 | -3.0% | — | ||
| Q3 25 | -26.8% | — | ||
| Q2 25 | -1.4% | — | ||
| Q1 25 | -8.8% | — | ||
| Q4 24 | -11.9% | — | ||
| Q3 24 | -6.9% | — | ||
| Q2 24 | -10.1% | — | ||
| Q1 24 | -13.0% | — |
净利率KVHIRERE
| Q4 25 | 1.1% | — | ||
| Q3 25 | -24.4% | — | ||
| Q2 25 | 3.5% | — | ||
| Q1 25 | -6.7% | — | ||
| Q4 24 | -16.0% | — | ||
| Q3 24 | -4.1% | — | ||
| Q2 24 | -8.3% | — | ||
| Q1 24 | -10.8% | — |
每股收益（稀释后）KVHIRERE
| Q4 25 | $0.02 | — | ||
| Q3 25 | $-0.36 | — | ||
| Q2 25 | $0.05 | — | ||
| Q1 25 | $-0.09 | — | ||
| Q4 24 | $-0.23 | — | ||
| Q3 24 | $-0.06 | — | ||
| Q2 24 | $-0.12 | — | ||
| Q1 24 | $-0.16 | — |
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 | $69.9M | $228.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $131.0M | $557.1M |
| 总资产 | $151.5M | $722.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资KVHIRERE
| Q4 25 | $69.9M | — | ||
| Q3 25 | $72.8M | — | ||
| Q2 25 | $55.9M | — | ||
| Q1 25 | $48.6M | — | ||
| Q4 24 | $50.6M | — | ||
| Q3 24 | $49.8M | — | ||
| Q2 24 | $49.3M | — | ||
| Q1 24 | $66.6M | — |
股东权益KVHIRERE
| Q4 25 | $131.0M | — | ||
| Q3 25 | $131.0M | — | ||
| Q2 25 | $138.4M | — | ||
| Q1 25 | $137.8M | — | ||
| Q4 24 | $138.6M | — | ||
| Q3 24 | $142.7M | — | ||
| Q2 24 | $143.4M | — | ||
| Q1 24 | $145.1M | — |
总资产KVHIRERE
| Q4 25 | $151.5M | — | ||
| Q3 25 | $150.3M | — | ||
| Q2 25 | $152.0M | — | ||
| Q1 25 | $151.4M | — | ||
| Q4 24 | $155.1M | — | ||
| Q3 24 | $166.7M | — | ||
| Q2 24 | $168.9M | — | ||
| Q1 24 | $168.4M | — |
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 | $3.4M | — |
| 自由现金流经营现金流 - 资本支出 | $1.1M | — |
| 自由现金流率自由现金流/营收 | 3.4% | — |
| 资本支出强度资本支出/营收 | 7.7% | — |
| 现金转化率经营现金流/净利润 | 10.25× | — |
| 过去12个月自由现金流最近4个季度 | $9.8M | — |
8季度趋势，按日历期对齐
经营现金流KVHIRERE
| Q4 25 | $3.4M | — | ||
| Q3 25 | $9.9M | — | ||
| Q2 25 | $5.1M | — | ||
| Q1 25 | $-1.3M | — | ||
| Q4 24 | $403.0K | — | ||
| Q3 24 | $1.9M | — | ||
| Q2 24 | $-14.7M | — | ||
| Q1 24 | $-792.0K | — |
自由现金流KVHIRERE
| Q4 25 | $1.1M | — | ||
| Q3 25 | $8.4M | — | ||
| Q2 25 | $2.7M | — | ||
| Q1 25 | $-2.4M | — | ||
| Q4 24 | $-444.0K | — | ||
| Q3 24 | $419.0K | — | ||
| Q2 24 | $-17.4M | — | ||
| Q1 24 | $-3.2M | — |
自由现金流率KVHIRERE
| Q4 25 | 3.4% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 10.3% | — | ||
| Q1 25 | -9.5% | — | ||
| Q4 24 | -1.6% | — | ||
| Q3 24 | 1.4% | — | ||
| Q2 24 | -60.6% | — | ||
| Q1 24 | -10.9% | — |
资本支出强度KVHIRERE
| Q4 25 | 7.7% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | 8.8% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 5.1% | — | ||
| Q2 24 | 9.4% | — | ||
| Q1 24 | 8.2% | — |
现金转化率KVHIRERE
| Q4 25 | 10.25× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.48× | — | ||
| 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
KVHI
| Services | $28.3M | 93% |
| Products | $2.2M | 7% |
RERE
暂无分部数据
