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Logistic Properties of the Americas（LPA）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
Logistic Properties of the Americas的季度营收约是万物新生的1.2倍（$50.1M vs $43.2M），Logistic Properties of the Americas净利率更高（32.1% vs 16.9%，领先15.2%）
Logistic Properties of the Americas（简称LPA）是一家专业工业房地产企业，业务覆盖北美、中美及南美地区，主营工业物流地产的收购、开发与运营，资产包含配送中心、仓库及最后一公里配送设施，服务多领域商业客户。
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。
LPA vs RERE — 直观对比
营收规模更大
LPA
是对方的1.2倍
$43.2M
净利率更高
LPA
高出15.2%
16.9%
损益表 — Q4 FY2025 vs Q1 FY2023
| 指标 | | |
|---|---|---|
| 营收 | $50.1M | $43.2M |
| 净利润 | $16.1M | $7.3M |
| 毛利率 | — | — |
| 营业利润率 | 81.7% | — |
| 净利率 | 32.1% | 16.9% |
| 营收同比 | — | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.33 | — |
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LPARERE
| Q4 25 | $50.1M | — | ||
| Q3 25 | $32.7M | — | ||
| Q2 25 | $21.5M | — | ||
| Q1 25 | $10.5M | — | ||
| Q3 24 | $19.2M | — | ||
| Q1 24 | $9.2M | — | ||
| Q1 23 | — | $43.2M |
净利润LPARERE
| Q4 25 | $16.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | $7.3M |
营业利润率LPARERE
| Q4 25 | 81.7% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | — |
净利率LPARERE
| Q4 25 | 32.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | 16.9% |
每股收益（稀释后）LPARERE
| Q4 25 | $0.33 | — | ||
| Q3 25 | $0.09 | — | ||
| Q2 25 | $-0.06 | — | ||
| Q1 25 | — | — | ||
| Q3 24 | $-1.26 | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | — |
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 | $27.3M | $228.0M |
| 总债务越低越好 | $296.8M | — |
| 股东权益账面价值 | $324.6M | $557.1M |
| 总资产 | $700.8M | $722.9M |
| 负债/权益比越低杠杆越低 | 0.91× | — |
8季度趋势，按日历期对齐
现金及短期投资LPARERE
| Q4 25 | $27.3M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | $1.1M | — | ||
| Q1 23 | — | $228.0M |
总债务LPARERE
| Q4 25 | $296.8M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | — |
股东权益LPARERE
| Q4 25 | $324.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | $557.1M |
总资产LPARERE
| Q4 25 | $700.8M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | $722.9M |
负债/权益比LPARERE
| Q4 25 | 0.91× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | — |
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 | $21.6M | — |
| 自由现金流经营现金流 - 资本支出 | $21.4M | — |
| 自由现金流率自由现金流/营收 | 42.7% | — |
| 资本支出强度资本支出/营收 | 0.3% | — |
| 现金转化率经营现金流/净利润 | 1.34× | — |
| 过去12个月自由现金流最近4个季度 | $12.0M | — |
8季度趋势，按日历期对齐
经营现金流LPARERE
| Q4 25 | $21.6M | — | ||
| Q3 25 | $14.4M | — | ||
| Q2 25 | $7.2M | — | ||
| Q1 25 | $4.4M | — | ||
| Q3 24 | $8.3M | — | ||
| Q1 24 | $4.8M | — | ||
| Q1 23 | — | — |
自由现金流LPARERE
| Q4 25 | $21.4M | — | ||
| Q3 25 | $-7.3M | — | ||
| Q2 25 | $-3.1M | — | ||
| Q1 25 | $966.4K | — | ||
| Q3 24 | $-2.4M | — | ||
| Q1 24 | $218.9K | — | ||
| Q1 23 | — | — |
自由现金流率LPARERE
| Q4 25 | 42.7% | — | ||
| Q3 25 | -22.2% | — | ||
| Q2 25 | -14.4% | — | ||
| Q1 25 | 9.2% | — | ||
| Q3 24 | -12.3% | — | ||
| Q1 24 | 2.4% | — | ||
| Q1 23 | — | — |
资本支出强度LPARERE
| Q4 25 | 0.3% | — | ||
| Q3 25 | 66.1% | — | ||
| Q2 25 | 47.9% | — | ||
| Q1 25 | 32.5% | — | ||
| Q3 24 | 55.5% | — | ||
| Q1 24 | 50.0% | — | ||
| Q1 23 | — | — |
现金转化率LPARERE
| Q4 25 | 1.34× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
