vs
SemiLEDs Corp（LEDS）与Wetouch Technology Inc.（WETH）财务数据对比。点击上方公司名可切换其他公司
Wetouch Technology Inc.的季度营收约是SemiLEDs Corp的1.5倍（$3.8M vs $2.6M），Wetouch Technology Inc.净利率更高（66.4% vs -28.9%，领先95.3%），SemiLEDs Corp同比增速更快（103.7% vs -7.3%），过去两年SemiLEDs Corp的营收复合增速更高（70.3% vs -41.5%）
该企业是涵盖电子设计与制造供应链相关企业的行业协会，为半导体、光伏板、发光二极管、平板显示器、微机电系统、印刷柔性电子及相关微纳米技术领域的制造提供设备、材料与服务支持。
Wetouch科技是一家先进触控面板解决方案供应商，主营电容式触摸屏、定制触控模组及交互显示组件，产品广泛应用于消费电子、汽车、工业控制、智能家居等领域，为全球多家头部品牌客户提供定制化硬件产品。
LEDS vs WETH — 直观对比
营收规模更大
WETH
是对方的1.5倍
$2.6M
营收增速更快
LEDS
高出111.1%
-7.3%
净利率更高
WETH
高出95.3%
-28.9%
两年增速更快
LEDS
近两年复合增速
-41.5%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6M | $3.8M |
| 净利润 | $-742.0K | $2.5M |
| 毛利率 | 0.7% | — |
| 营业利润率 | -39.4% | 82.1% |
| 净利率 | -28.9% | 66.4% |
| 营收同比 | 103.7% | -7.3% |
| 净利润同比 | -35.6% | -5.0% |
| 每股收益（稀释后） | $-0.09 | $0.21 |
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LEDSWETH
| Q4 25 | $2.6M | — | ||
| Q3 25 | $13.2M | $3.8M | ||
| Q2 25 | $17.7M | $4.0M | ||
| Q1 25 | $10.9M | $5.0M | ||
| Q4 24 | $1.3M | — | ||
| Q3 24 | $1.3M | $4.1M | ||
| Q2 24 | $1.3M | $4.4M | ||
| Q1 24 | $886.0K | $5.5M |
净利润LEDSWETH
| Q4 25 | $-742.0K | — | ||
| Q3 25 | $-1.2M | $2.5M | ||
| Q2 25 | $223.0K | $2.2M | ||
| Q1 25 | $388.0K | $2.6M | ||
| Q4 24 | $-547.0K | — | ||
| Q3 24 | — | $2.7M | ||
| Q2 24 | $-319.0K | $2.7M | ||
| Q1 24 | $-559.0K | $558.9K |
毛利率LEDSWETH
| Q4 25 | 0.7% | — | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 9.2% | — | ||
| Q4 24 | 20.6% | — | ||
| Q3 24 | 11.6% | — | ||
| Q2 24 | 41.0% | — | ||
| Q1 24 | 12.6% | 60.7% |
营业利润率LEDSWETH
| Q4 25 | -39.4% | — | ||
| Q3 25 | -9.0% | 82.1% | ||
| Q2 25 | -0.4% | 77.0% | ||
| Q1 25 | 1.0% | 79.6% | ||
| Q4 24 | -52.1% | — | ||
| Q3 24 | — | 84.8% | ||
| Q2 24 | -35.8% | 85.3% | ||
| Q1 24 | -93.9% | 41.9% |
净利率LEDSWETH
| Q4 25 | -28.9% | — | ||
| Q3 25 | -9.0% | 66.4% | ||
| Q2 25 | 1.3% | 56.0% | ||
| Q1 25 | 3.6% | 51.4% | ||
| Q4 24 | -43.4% | — | ||
| Q3 24 | — | 64.8% | ||
| Q2 24 | -24.1% | 61.9% | ||
| Q1 24 | -63.1% | 10.2% |
每股收益（稀释后）LEDSWETH
| Q4 25 | $-0.09 | — | ||
| Q3 25 | $-0.15 | $0.21 | ||
| Q2 25 | $0.03 | $0.19 | ||
| Q1 25 | $0.05 | $0.21 | ||
| Q4 24 | $-0.08 | — | ||
| Q3 24 | — | $0.22 | ||
| Q2 24 | $-0.04 | $0.23 | ||
| Q1 24 | $-0.11 | $0.04 |
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 | $2.9M | $113.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1M | $135.2M |
| 总资产 | $14.2M | $139.9M |
| 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LEDSWETH
| Q4 25 | $2.9M | — | ||
| Q3 25 | $2.6M | $113.2M | ||
| Q2 25 | $2.4M | $110.5M | ||
| Q1 25 | $2.4M | $106.4M | ||
| Q4 24 | $1.2M | — | ||
| Q3 24 | $1.7M | $106.7M | ||
| Q2 24 | $1.7M | $98.4M | ||
| Q1 24 | $1.6M | $94.8M |
总债务LEDSWETH
| Q4 25 | — | — | ||
| Q3 25 | $1.7M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $3.7M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益LEDSWETH
| Q4 25 | $2.1M | — | ||
| Q3 25 | $2.8M | $135.2M | ||
| Q2 25 | $4.0M | $131.8M | ||
| Q1 25 | $3.6M | $127.9M | ||
| Q4 24 | $1.6M | — | ||
| Q3 24 | $2.2M | $129.5M | ||
| Q2 24 | $2.7M | $122.5M | ||
| Q1 24 | $3.0M | $120.5M |
总资产LEDSWETH
| Q4 25 | $14.2M | — | ||
| Q3 25 | $15.6M | $139.9M | ||
| Q2 25 | $23.2M | $137.0M | ||
| Q1 25 | $23.2M | $133.7M | ||
| Q4 24 | $10.4M | — | ||
| Q3 24 | $11.1M | $133.1M | ||
| Q2 24 | $11.5M | $125.9M | ||
| Q1 24 | $12.0M | $123.1M |
负债/权益比LEDSWETH
| Q4 25 | — | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.69× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $361.0K | $3.8M |
| 自由现金流经营现金流 - 资本支出 | $331.0K | — |
| 自由现金流率自由现金流/营收 | 12.9% | — |
| 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 | — | 1.51× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LEDSWETH
| Q4 25 | $361.0K | — | ||
| Q3 25 | — | $3.8M | ||
| Q2 25 | $693.0K | $2.6M | ||
| Q1 25 | $1.4M | $2.0M | ||
| Q4 24 | $-158.0K | — | ||
| Q3 24 | — | $4.6M | ||
| Q2 24 | $109.0K | $3.9M | ||
| Q1 24 | $-600.0K | $-9.2M |
自由现金流LEDSWETH
| Q4 25 | $331.0K | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $383.0K | — | ||
| Q1 25 | $1.3M | — | ||
| Q4 24 | $-276.0K | — | ||
| Q3 24 | — | $4.6M | ||
| Q2 24 | $98.0K | $3.9M | ||
| Q1 24 | $-619.0K | $-9.3M |
自由现金流率LEDSWETH
| Q4 25 | 12.9% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 11.8% | — | ||
| Q4 24 | -21.9% | — | ||
| Q3 24 | — | 111.6% | ||
| Q2 24 | 7.4% | 88.8% | ||
| Q1 24 | -69.9% | -169.5% |
资本支出强度LEDSWETH
| Q4 25 | 1.2% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 9.4% | — | ||
| Q3 24 | 9.3% | 0.1% | ||
| Q2 24 | 0.8% | 0.1% | ||
| Q1 24 | 2.1% | 2.0% |
现金转化率LEDSWETH
| Q4 25 | — | — | ||
| Q3 25 | — | 1.51× | ||
| Q2 25 | 3.11× | 1.18× | ||
| Q1 25 | 3.62× | 0.80× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.73× | ||
| Q2 24 | — | 1.44× | ||
| Q1 24 | — | -16.49× |
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
LEDS
暂无分部数据
WETH
| CN | $2.0M | 53% |
| Other | $1.8M | 47% |
