vs
冠群电脑（MANH）与ROGERS CORP（ROG）财务数据对比。点击上方公司名可切换其他公司
冠群电脑的季度营收约是ROGERS CORP的1.3倍（$270.4M vs $200.5M），冠群电脑净利率更高（19.2% vs 2.2%，领先17.0%），冠群电脑同比增速更快（5.7% vs 5.2%），冠群电脑自由现金流更多（$142.4M vs $1.1M），过去两年冠群电脑的营收复合增速更高（3.1% vs -3.3%）
原冠群电脑国际有限公司，后更名为CA科技，是1976年至2018年存续的美国跨国企业软件开发商与发行商。作为全球顶尖独立软件企业之一，曾位列行业第二，旗下系统软件适配IBM大型机、分布式计算、虚拟机及云计算环境。
罗杰斯公司是一家专注于特种工程材料研发生产的企业，总部位于美国亚利桑那州钱德勒市，其产品广泛应用于先进电子、移动通信、清洁能源、航空航天等多个高科技领域，为全球客户提供高性能材料解决方案。
MANH vs ROG — 直观对比
营收规模更大
MANH
是对方的1.3倍
$200.5M
营收增速更快
MANH
高出0.5%
5.2%
净利率更高
MANH
高出17.0%
2.2%
自由现金流更多
MANH
多$141.3M
$1.1M
两年增速更快
MANH
近两年复合增速
-3.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $270.4M | $200.5M |
| 净利润 | $52.0M | $4.5M |
| 毛利率 | 55.0% | 32.2% |
| 营业利润率 | 24.8% | — |
| 净利率 | 19.2% | 2.2% |
| 营收同比 | 5.7% | 5.2% |
| 净利润同比 | 8.2% | 421.4% |
| 每股收益（稀释后） | $0.86 | $0.25 |
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MANHROG
| Q1 26 | — | $200.5M | ||
| Q4 25 | $270.4M | $201.5M | ||
| Q3 25 | $275.8M | $216.0M | ||
| Q2 25 | $272.4M | $202.8M | ||
| Q1 25 | $262.8M | $190.5M | ||
| Q4 24 | $255.8M | $192.2M | ||
| Q3 24 | $266.7M | $210.3M | ||
| Q2 24 | $265.3M | $214.2M |
净利润MANHROG
| Q1 26 | — | $4.5M | ||
| Q4 25 | $52.0M | $4.6M | ||
| Q3 25 | $58.6M | $8.6M | ||
| Q2 25 | $56.8M | $-73.6M | ||
| Q1 25 | $52.6M | $-1.4M | ||
| Q4 24 | $48.0M | $-500.0K | ||
| Q3 24 | $63.8M | $10.7M | ||
| Q2 24 | $52.8M | $8.1M |
毛利率MANHROG
| Q1 26 | — | 32.2% | ||
| Q4 25 | 55.0% | 31.5% | ||
| Q3 25 | 56.6% | 33.5% | ||
| Q2 25 | 57.3% | 31.6% | ||
| Q1 25 | 56.4% | 29.9% | ||
| Q4 24 | 55.8% | 32.1% | ||
| Q3 24 | 55.5% | 35.2% | ||
| Q2 24 | 54.8% | 34.1% |
营业利润率MANHROG
| Q1 26 | — | — | ||
| Q4 25 | 24.8% | 3.5% | ||
| Q3 25 | 27.5% | 7.3% | ||
| Q2 25 | 27.1% | -33.3% | ||
| Q1 25 | 24.0% | -0.2% | ||
| Q4 24 | 23.7% | -6.6% | ||
| Q3 24 | 28.2% | 6.9% | ||
| Q2 24 | 25.7% | 5.3% |
净利率MANHROG
| Q1 26 | — | 2.2% | ||
| Q4 25 | 19.2% | 2.3% | ||
| Q3 25 | 21.3% | 4.0% | ||
| Q2 25 | 20.8% | -36.3% | ||
| Q1 25 | 20.0% | -0.7% | ||
| Q4 24 | 18.8% | -0.3% | ||
| Q3 24 | 23.9% | 5.1% | ||
| Q2 24 | 19.9% | 3.8% |
每股收益（稀释后）MANHROG
| Q1 26 | — | $0.25 | ||
| Q4 25 | $0.86 | $0.20 | ||
| Q3 25 | $0.96 | $0.48 | ||
| Q2 25 | $0.93 | $-4.00 | ||
| Q1 25 | $0.85 | $-0.08 | ||
| Q4 24 | $0.77 | $-0.04 | ||
| Q3 24 | $1.03 | $0.58 | ||
| Q2 24 | $0.85 | $0.44 |
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 | $328.7M | $195.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $314.8M | $1.2B |
| 总资产 | $839.4M | $1.4B |
| 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MANHROG
| Q1 26 | — | $195.8M | ||
| Q4 25 | $328.7M | $197.0M | ||
| Q3 25 | $263.6M | $167.8M | ||
| Q2 25 | $230.6M | $157.2M | ||
| Q1 25 | $205.9M | $175.6M | ||
| Q4 24 | $266.2M | $159.8M | ||
| Q3 24 | $215.0M | $146.4M | ||
| Q2 24 | $202.7M | $119.9M |
股东权益MANHROG
| Q1 26 | — | $1.2B | ||
| Q4 25 | $314.8M | $1.2B | ||
| Q3 25 | $309.2M | $1.2B | ||
| Q2 25 | $278.8M | $1.2B | ||
| Q1 25 | $245.1M | $1.3B | ||
| Q4 24 | $299.1M | $1.3B | ||
| Q3 24 | $278.0M | $1.3B | ||
| Q2 24 | $240.6M | $1.3B |
总资产MANHROG
| Q1 26 | — | $1.4B | ||
| Q4 25 | $839.4M | $1.4B | ||
| Q3 25 | $768.8M | $1.4B | ||
| Q2 25 | $744.7M | $1.5B | ||
| Q1 25 | $708.2M | $1.5B | ||
| Q4 24 | $757.6M | $1.5B | ||
| Q3 24 | $698.1M | $1.5B | ||
| Q2 24 | $665.3M | $1.5B |
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 | $147.1M | $5.8M |
| 自由现金流经营现金流 - 资本支出 | $142.4M | $1.1M |
| 自由现金流率自由现金流/营收 | 52.7% | 0.5% |
| 资本支出强度资本支出/营收 | 1.7% | 2.3% |
| 现金转化率经营现金流/净利润 | 2.83× | 1.29× |
| 过去12个月自由现金流最近4个季度 | $374.0M | $70.1M |
8季度趋势，按日历期对齐
经营现金流MANHROG
| Q1 26 | — | $5.8M | ||
| Q4 25 | $147.1M | $46.9M | ||
| Q3 25 | $93.1M | $28.9M | ||
| Q2 25 | $74.0M | $13.7M | ||
| Q1 25 | $75.3M | $11.7M | ||
| Q4 24 | $104.7M | $33.7M | ||
| Q3 24 | $62.3M | $42.4M | ||
| Q2 24 | $73.3M | $22.9M |
自由现金流MANHROG
| Q1 26 | — | $1.1M | ||
| Q4 25 | $142.4M | $42.2M | ||
| Q3 25 | $87.2M | $21.2M | ||
| Q2 25 | $70.1M | $5.6M | ||
| Q1 25 | $74.4M | $2.1M | ||
| Q4 24 | $101.6M | $18.3M | ||
| Q3 24 | $61.3M | $25.2M | ||
| Q2 24 | $71.0M | $8.8M |
自由现金流率MANHROG
| Q1 26 | — | 0.5% | ||
| Q4 25 | 52.7% | 20.9% | ||
| Q3 25 | 31.6% | 9.8% | ||
| Q2 25 | 25.7% | 2.8% | ||
| Q1 25 | 28.3% | 1.1% | ||
| Q4 24 | 39.7% | 9.5% | ||
| Q3 24 | 23.0% | 12.0% | ||
| Q2 24 | 26.8% | 4.1% |
资本支出强度MANHROG
| Q1 26 | — | 2.3% | ||
| Q4 25 | 1.7% | 2.3% | ||
| Q3 25 | 2.1% | 3.6% | ||
| Q2 25 | 1.5% | 4.0% | ||
| Q1 25 | 0.3% | 5.0% | ||
| Q4 24 | 1.2% | 8.0% | ||
| Q3 24 | 0.4% | 8.2% | ||
| Q2 24 | 0.8% | 6.6% |
现金转化率MANHROG
| Q1 26 | — | 1.29× | ||
| Q4 25 | 2.83× | 10.20× | ||
| Q3 25 | 1.59× | 3.36× | ||
| Q2 25 | 1.30× | — | ||
| Q1 25 | 1.43× | — | ||
| Q4 24 | 2.18× | — | ||
| Q3 24 | 0.98× | 3.96× | ||
| Q2 24 | 1.39× | 2.83× |
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
MANH
| Service Other | $120.0M | 44% |
| Cloud Subscriptions | $108.6M | 40% |
| Maintenance | $32.3M | 12% |
| Hardware | $6.9M | 3% |
| License And Maintenance | $2.6M | 1% |
ROG
暂无分部数据
