vs
CS Disco, Inc.（LAW）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CS Disco, Inc.的1.0倍（$43.2M vs $41.2M），万物新生净利率更高（16.9% vs -20.7%，领先37.5%）
CS Disco, Inc.是一家领先的法律科技企业，开发面向法律从业者的云原生软件产品，涵盖电子取证、文档审核、案件管理及法律工作流自动化等工具，服务客户包括律师事务所、企业法务部门及政府法律机构。
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。
LAW vs RERE — 直观对比
营收规模更大
RERE
是对方的1.0倍
$41.2M
净利率更高
RERE
高出37.5%
-20.7%
损益表 — Q4 FY2025 vs Q1 FY2023
| 指标 | | |
|---|---|---|
| 营收 | $41.2M | $43.2M |
| 净利润 | $-8.5M | $7.3M |
| 毛利率 | 75.1% | — |
| 营业利润率 | -22.4% | — |
| 净利率 | -20.7% | 16.9% |
| 营收同比 | 11.3% | — |
| 净利润同比 | 66.3% | — |
| 每股收益（稀释后） | $-0.13 | — |
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LAWRERE
| Q4 25 | $41.2M | — | ||
| Q3 25 | $40.9M | — | ||
| Q2 25 | $38.1M | — | ||
| Q1 25 | $36.7M | — | ||
| Q4 24 | $37.0M | — | ||
| Q3 24 | $36.3M | — | ||
| Q2 24 | $36.0M | — | ||
| Q1 24 | $35.6M | — |
净利润LAWRERE
| Q4 25 | $-8.5M | — | ||
| Q3 25 | $-13.7M | — | ||
| Q2 25 | $-10.8M | — | ||
| Q1 25 | $-11.4M | — | ||
| Q4 24 | $-25.2M | — | ||
| Q3 24 | $-9.2M | — | ||
| Q2 24 | $-10.8M | — | ||
| Q1 24 | $-10.6M | — |
毛利率LAWRERE
| Q4 25 | 75.1% | — | ||
| Q3 25 | 75.5% | — | ||
| Q2 25 | 74.6% | — | ||
| Q1 25 | 74.1% | — | ||
| Q4 24 | 74.2% | — | ||
| Q3 24 | 73.1% | — | ||
| Q2 24 | 74.2% | — | ||
| Q1 24 | 75.1% | — |
营业利润率LAWRERE
| Q4 25 | -22.4% | — | ||
| Q3 25 | -35.3% | — | ||
| Q2 25 | -31.0% | — | ||
| Q1 25 | -34.4% | — | ||
| Q4 24 | -70.6% | — | ||
| Q3 24 | -30.0% | — | ||
| Q2 24 | -34.4% | — | ||
| Q1 24 | -34.7% | — |
净利率LAWRERE
| Q4 25 | -20.7% | — | ||
| Q3 25 | -33.4% | — | ||
| Q2 25 | -28.4% | — | ||
| Q1 25 | -31.1% | — | ||
| Q4 24 | -68.1% | — | ||
| Q3 24 | -25.3% | — | ||
| Q2 24 | -30.1% | — | ||
| Q1 24 | -29.7% | — |
每股收益（稀释后）LAWRERE
| Q4 25 | $-0.13 | — | ||
| Q3 25 | $-0.22 | — | ||
| Q2 25 | $-0.18 | — | ||
| Q1 25 | $-0.19 | — | ||
| Q4 24 | $-0.43 | — | ||
| Q3 24 | $-0.15 | — | ||
| Q2 24 | $-0.18 | — | ||
| Q1 24 | $-0.17 | — |
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 | $114.6M | $228.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $128.1M | $557.1M |
| 总资产 | $173.6M | $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LAWRERE
| Q4 25 | $114.6M | — | ||
| Q3 25 | $113.5M | — | ||
| Q2 25 | $114.5M | — | ||
| Q1 25 | $118.8M | — | ||
| Q4 24 | $129.1M | — | ||
| Q3 24 | $126.8M | — | ||
| Q2 24 | $130.0M | — | ||
| Q1 24 | $148.7M | — |
股东权益LAWRERE
| Q4 25 | $128.1M | — | ||
| Q3 25 | $130.6M | — | ||
| Q2 25 | $137.9M | — | ||
| Q1 25 | $142.2M | — | ||
| Q4 24 | $147.5M | — | ||
| Q3 24 | $167.3M | — | ||
| Q2 24 | $170.9M | — | ||
| Q1 24 | $193.2M | — |
总资产LAWRERE
| Q4 25 | $173.6M | — | ||
| Q3 25 | $174.8M | — | ||
| Q2 25 | $164.9M | — | ||
| Q1 25 | $168.0M | — | ||
| Q4 24 | $180.3M | — | ||
| Q3 24 | $194.4M | — | ||
| Q2 24 | $198.0M | — | ||
| Q1 24 | $217.3M | — |
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 | $762.0K | — |
| 自由现金流经营现金流 - 资本支出 | $255.0K | — |
| 自由现金流率自由现金流/营收 | 0.6% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 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 | $-18.0M | — |
8季度趋势，按日历期对齐
经营现金流LAWRERE
| Q4 25 | $762.0K | — | ||
| Q3 25 | $-979.0K | — | ||
| Q2 25 | $-4.2M | — | ||
| Q1 25 | $-10.5M | — | ||
| Q4 24 | $2.1M | — | ||
| Q3 24 | $-2.9M | — | ||
| Q2 24 | $-650.0K | — | ||
| Q1 24 | $-7.3M | — |
自由现金流LAWRERE
| Q4 25 | $255.0K | — | ||
| Q3 25 | $-2.0M | — | ||
| Q2 25 | $-5.2M | — | ||
| Q1 25 | $-11.0M | — | ||
| Q4 24 | $1.5M | — | ||
| Q3 24 | $-3.7M | — | ||
| Q2 24 | $-1.3M | — | ||
| Q1 24 | $-8.0M | — |
自由现金流率LAWRERE
| Q4 25 | 0.6% | — | ||
| Q3 25 | -5.0% | — | ||
| Q2 25 | -13.6% | — | ||
| Q1 25 | -30.1% | — | ||
| Q4 24 | 4.1% | — | ||
| Q3 24 | -10.3% | — | ||
| Q2 24 | -3.6% | — | ||
| Q1 24 | -22.5% | — |
资本支出强度LAWRERE
| Q4 25 | 1.2% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 1.8% | — | ||
| Q1 24 | 1.9% | — |
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
LAW
| Software | $35.1M | 85% |
| Services | $6.0M | 15% |
RERE
暂无分部数据
