vs
传奇生物（LEGN）与MADRIGAL PHARMACEUTICALS, INC.（MDGL）财务数据对比。点击上方公司名可切换其他公司
MADRIGAL PHARMACEUTICALS, INC.的季度营收约是传奇生物的1.2倍（$321.1M vs $272.3M），传奇生物净利率更高（-14.6% vs -18.2%，领先3.7%），MADRIGAL PHARMACEUTICALS, INC.同比增速更快（210.8% vs 70.0%）
传奇生物是金斯瑞生物科技旗下专注于生物科技领域的企业，金斯瑞2002年由章方良、王烨、王鲁泉等人于新泽西共同创立，总部位于中国，主要提供生命科学研究相关的仪器与服务，2015年在港交所上市，现任轮值首席执行官为邵炜慧。
本公司是一家美国生物制药企业，成立于2002年，专注于研发新型合成胆汁酸类似物，可用于治疗原发性胆汁性胆管炎、非酒精性脂肪肝、肝硬化等慢性肝病，以及胆汁酸性腹泻等肠道疾病。
LEGN vs MDGL — 直观对比
营收规模更大
MDGL
是对方的1.2倍
$272.3M
营收增速更快
MDGL
高出140.8%
70.0%
净利率更高
LEGN
高出3.7%
-18.2%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $272.3M | $321.1M |
| 净利润 | $-39.7M | $-58.6M |
| 毛利率 | 58.4% | — |
| 营业利润率 | -16.0% | -18.6% |
| 净利率 | -14.6% | -18.2% |
| 营收同比 | 70.0% | 210.8% |
| 净利润同比 | 68.3% | 1.4% |
| 每股收益（稀释后） | $-0.11 | $-2.55 |
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LEGNMDGL
| Q4 25 | — | $321.1M | ||
| Q3 25 | $272.3M | $287.3M | ||
| Q2 25 | $255.1M | $212.8M | ||
| Q1 25 | $195.1M | $137.3M | ||
| Q4 24 | — | $103.3M | ||
| Q3 24 | $160.2M | $62.2M | ||
| Q2 24 | $186.5M | — | ||
| Q1 24 | $94.0M | $0 |
净利润LEGNMDGL
| Q4 25 | — | $-58.6M | ||
| Q3 25 | $-39.7M | $-114.2M | ||
| Q2 25 | $-125.4M | $-42.3M | ||
| Q1 25 | $-100.9M | $-73.2M | ||
| Q4 24 | — | $-59.4M | ||
| Q3 24 | $-125.3M | $-107.0M | ||
| Q2 24 | $-18.2M | — | ||
| Q1 24 | $-59.8M | $-147.5M |
毛利率LEGNMDGL
| Q4 25 | — | — | ||
| Q3 25 | 58.4% | — | ||
| Q2 25 | 62.8% | — | ||
| Q1 25 | 64.4% | 96.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | 67.2% | — | ||
| Q2 24 | 75.7% | — | ||
| Q1 24 | 47.8% | — |
营业利润率LEGNMDGL
| Q4 25 | — | -18.6% | ||
| Q3 25 | -16.0% | -39.7% | ||
| Q2 25 | — | -22.2% | ||
| Q1 25 | — | -57.8% | ||
| Q4 24 | — | -64.8% | ||
| Q3 24 | -43.9% | -187.1% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
净利率LEGNMDGL
| Q4 25 | — | -18.2% | ||
| Q3 25 | -14.6% | -39.8% | ||
| Q2 25 | -49.2% | -19.9% | ||
| Q1 25 | -51.7% | -53.4% | ||
| Q4 24 | — | -57.5% | ||
| Q3 24 | -78.2% | -172.0% | ||
| Q2 24 | -9.8% | — | ||
| Q1 24 | -63.6% | — |
每股收益（稀释后）LEGNMDGL
| Q4 25 | — | $-2.55 | ||
| Q3 25 | $-0.11 | $-5.08 | ||
| Q2 25 | $-0.34 | $-1.90 | ||
| Q1 25 | $-0.27 | $-3.32 | ||
| Q4 24 | — | $-2.50 | ||
| Q3 24 | $-0.34 | $-4.92 | ||
| Q2 24 | $-0.05 | — | ||
| Q1 24 | $-0.16 | $-7.38 |
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 | $278.9M | $198.7M |
| 总债务越低越好 | — | $339.9M |
| 股东权益账面价值 | $1.0B | $602.7M |
| 总资产 | $1.7B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.56× |
8季度趋势，按日历期对齐
现金及短期投资LEGNMDGL
| Q4 25 | — | $198.7M | ||
| Q3 25 | $278.9M | $295.7M | ||
| Q2 25 | $266.6M | $186.2M | ||
| Q1 25 | $441.7M | $183.6M | ||
| Q4 24 | — | $100.0M | ||
| Q3 24 | $459.3M | $232.7M | ||
| Q2 24 | $201.3M | — | ||
| Q1 24 | $897.6M | $622.5M |
总债务LEGNMDGL
| Q4 25 | — | $339.9M | ||
| Q3 25 | — | $339.8M | ||
| Q2 25 | — | $118.4M | ||
| Q1 25 | — | $118.0M | ||
| Q4 24 | — | $117.6M | ||
| Q3 24 | — | $117.1M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $116.1M |
股东权益LEGNMDGL
| Q4 25 | — | $602.7M | ||
| Q3 25 | $1.0B | $625.7M | ||
| Q2 25 | $1.0B | $696.0M | ||
| Q1 25 | $1.0B | $710.6M | ||
| Q4 24 | — | $754.4M | ||
| Q3 24 | $1.1B | $777.2M | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | $850.8M |
总资产LEGNMDGL
| Q4 25 | — | $1.3B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.7B | $1.0B | ||
| Q1 25 | $1.6B | $996.6M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $1.7B | $1.1B | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.8B | $1.1B |
负债/权益比LEGNMDGL
| Q4 25 | — | 0.56× | ||
| Q3 25 | — | 0.54× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.16× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.14× |
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 | $28.8M | $-133.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-133.8M |
| 自由现金流率自由现金流/营收 | — | -41.7% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 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LEGNMDGL
| Q4 25 | — | $-133.5M | ||
| Q3 25 | $28.8M | $79.8M | ||
| Q2 25 | $-13.0M | $-47.1M | ||
| Q1 25 | $-103.8M | $-88.9M | ||
| Q4 24 | — | $-104.5M | ||
| Q3 24 | $-75.8M | $-67.0M | ||
| Q2 24 | $-1.7M | — | ||
| Q1 24 | $15.5M | $-149.2M |
自由现金流LEGNMDGL
| Q4 25 | — | $-133.8M | ||
| Q3 25 | — | $79.0M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-104.7M | ||
| Q3 24 | — | $-67.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-149.5M |
自由现金流率LEGNMDGL
| Q4 25 | — | -41.7% | ||
| Q3 25 | — | 27.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -101.3% | ||
| Q3 24 | — | -109.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度LEGNMDGL
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 1.3% | ||
| 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
LEGN
| Goods Or Services Transferred At Point In Time | $261.8M | 96% |
| Goods Or Services Transferred Over Time | $10.5M | 4% |
MDGL
| Rebates Customer Fees Credits Co Pay Assistance And Other | $208.5M | 65% |
| Other | $76.0M | 24% |
| Chargebacks Discounts For Prompt Pay And Other Allowances | $36.6M | 11% |
