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SemiLEDs Corp（LEDS）与XMax Inc.（XWIN）财务数据对比。点击上方公司名可切换其他公司
SemiLEDs Corp的季度营收约是XMax Inc.的1.5倍（$2.6M vs $1.8M），SemiLEDs Corp同比增速更快（103.7% vs -11.8%），过去两年SemiLEDs Corp的营收复合增速更高（70.3% vs -13.7%）
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。
XMax Inc.是一家全球科技企业，专注于Web3游戏基础设施与互动娱乐解决方案研发，提供定制化游戏开发工具包、去中心化资产系统及跨平台游戏产品，服务北美、亚太及欧洲的开发者与消费者。
LEDS vs XWIN — 直观对比
营收规模更大
LEDS
是对方的1.5倍
$1.8M
营收增速更快
LEDS
高出115.5%
-11.8%
两年增速更快
LEDS
近两年复合增速
-13.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6M | $1.8M |
| 净利润 | $-742.0K | — |
| 毛利率 | 0.7% | 40.3% |
| 营业利润率 | -39.4% | -59.3% |
| 净利率 | -28.9% | — |
| 营收同比 | 103.7% | -11.8% |
| 净利润同比 | -35.6% | — |
| 每股收益（稀释后） | $-0.09 | $-0.06 |
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LEDSXWIN
| Q4 25 | $2.6M | $1.8M | ||
| Q3 25 | $13.2M | $9.8M | ||
| Q2 25 | $17.7M | $2.6M | ||
| Q1 25 | $10.9M | $2.6M | ||
| Q4 24 | $1.3M | $2.0M | ||
| Q3 24 | $1.3M | $2.6M | ||
| Q2 24 | $1.3M | $2.7M | ||
| Q1 24 | $886.0K | $2.4M |
净利润LEDSXWIN
| Q4 25 | $-742.0K | — | ||
| Q3 25 | $-1.2M | $-1.1M | ||
| Q2 25 | $223.0K | $-289.9K | ||
| Q1 25 | $388.0K | $-338.9K | ||
| Q4 24 | $-547.0K | — | ||
| Q3 24 | — | $-2.5M | ||
| Q2 24 | $-319.0K | $-563.5K | ||
| Q1 24 | $-559.0K | $-1.5M |
毛利率LEDSXWIN
| Q4 25 | 0.7% | 40.3% | ||
| Q3 25 | 1.7% | 10.1% | ||
| Q2 25 | 5.3% | 50.2% | ||
| Q1 25 | 9.2% | 45.7% | ||
| Q4 24 | 20.6% | 42.8% | ||
| Q3 24 | 11.6% | 45.1% | ||
| Q2 24 | 41.0% | 44.4% | ||
| Q1 24 | 12.6% | 42.8% |
营业利润率LEDSXWIN
| Q4 25 | -39.4% | -59.3% | ||
| Q3 25 | -9.0% | -5.0% | ||
| Q2 25 | -0.4% | -7.7% | ||
| Q1 25 | 1.0% | -7.3% | ||
| Q4 24 | -52.1% | -48.4% | ||
| Q3 24 | — | -92.0% | ||
| Q2 24 | -35.8% | -18.5% | ||
| Q1 24 | -93.9% | -62.6% |
净利率LEDSXWIN
| Q4 25 | -28.9% | — | ||
| Q3 25 | -9.0% | -11.5% | ||
| Q2 25 | 1.3% | -11.3% | ||
| Q1 25 | 3.6% | -12.9% | ||
| Q4 24 | -43.4% | — | ||
| Q3 24 | — | -94.3% | ||
| Q2 24 | -24.1% | -21.0% | ||
| Q1 24 | -63.1% | -61.6% |
每股收益（稀释后）LEDSXWIN
| Q4 25 | $-0.09 | $-0.06 | ||
| Q3 25 | $-0.15 | $-0.06 | ||
| Q2 25 | $0.03 | $-0.02 | ||
| Q1 25 | $0.05 | $-0.03 | ||
| Q4 24 | $-0.08 | $0.11 | ||
| Q3 24 | — | $-0.72 | ||
| Q2 24 | $-0.04 | $-0.22 | ||
| Q1 24 | $-0.11 | $-0.65 |
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 | $6.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1M | $28.0M |
| 总资产 | $14.2M | $35.5M |
| 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LEDSXWIN
| Q4 25 | $2.9M | $6.7M | ||
| Q3 25 | $2.6M | $1.7M | ||
| Q2 25 | $2.4M | $468.8K | ||
| Q1 25 | $2.4M | $147.3K | ||
| Q4 24 | $1.2M | $161.9K | ||
| Q3 24 | $1.7M | $162.3K | ||
| Q2 24 | $1.7M | $363.4K | ||
| Q1 24 | $1.6M | $273.1K |
总债务LEDSXWIN
| Q4 25 | — | — | ||
| Q3 25 | $1.7M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $3.7M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益LEDSXWIN
| Q4 25 | $2.1M | $28.0M | ||
| Q3 25 | $2.8M | $13.6M | ||
| Q2 25 | $4.0M | $6.5M | ||
| Q1 25 | $3.6M | $6.8M | ||
| Q4 24 | $1.6M | $3.1M | ||
| Q3 24 | $2.2M | $-895.9K | ||
| Q2 24 | $2.7M | $48.2K | ||
| Q1 24 | $3.0M | $-42.7K |
总资产LEDSXWIN
| Q4 25 | $14.2M | $35.5M | ||
| Q3 25 | $15.6M | $18.3M | ||
| Q2 25 | $23.2M | $11.6M | ||
| Q1 25 | $23.2M | $11.9M | ||
| Q4 24 | $10.4M | $9.9M | ||
| Q3 24 | $11.1M | $5.1M | ||
| Q2 24 | $11.5M | $5.8M | ||
| Q1 24 | $12.0M | $6.2M |
负债/权益比LEDSXWIN
| 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 | $1.7M |
| 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 | — | — |
| 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LEDSXWIN
| Q4 25 | $361.0K | $1.7M | ||
| Q3 25 | — | $-1.9M | ||
| Q2 25 | $693.0K | $92.5K | ||
| Q1 25 | $1.4M | $-322.6K | ||
| Q4 24 | $-158.0K | $-263.4K | ||
| Q3 24 | — | $-437.9K | ||
| Q2 24 | $109.0K | $-468.7K | ||
| Q1 24 | $-600.0K | $-221.7K |
自由现金流LEDSXWIN
| Q4 25 | $331.0K | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $383.0K | — | ||
| Q1 25 | $1.3M | — | ||
| Q4 24 | $-276.0K | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $98.0K | — | ||
| Q1 24 | $-619.0K | — |
自由现金流率LEDSXWIN
| Q4 25 | 12.9% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 11.8% | — | ||
| Q4 24 | -21.9% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 7.4% | — | ||
| Q1 24 | -69.9% | — |
资本支出强度LEDSXWIN
| Q4 25 | 1.2% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 9.4% | — | ||
| Q3 24 | 9.3% | — | ||
| Q2 24 | 0.8% | — | ||
| Q1 24 | 2.1% | — |
现金转化率LEDSXWIN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.11× | — | ||
| Q1 25 | 3.62× | — | ||
| 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
LEDS
暂无分部数据
XWIN
| North America | $1.7M | 97% |
| Other | $50.4K | 3% |
