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MFA FINANCIAL, INC.（MFA）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
MFA FINANCIAL, INC.的季度营收约是万物新生的1.3倍（$55.5M vs $43.2M）
MFA Financial是总部位于美国的房地产投资信托（REIT），核心业务为投资及管理住宅与商业抵押贷款支持证券、抵押贷款及其他不动产相关金融资产，面向美国本土机构和个人投资者，通过审慎的资产筛选与风控机制追求稳定的经风险调整后收益。
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。
MFA vs RERE — 直观对比
营收规模更大
MFA
是对方的1.3倍
$43.2M
损益表 — Q4 FY2025 vs Q1 FY2023
| 指标 | | |
|---|---|---|
| 营收 | $55.5M | $43.2M |
| 净利润 | — | $7.3M |
| 毛利率 | — | — |
| 营业利润率 | 97.9% | — |
| 净利率 | — | 16.9% |
| 营收同比 | 9.2% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.43 | — |
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MFARERE
| Q4 25 | $55.5M | — | ||
| Q3 25 | $56.8M | — | ||
| Q2 25 | $61.3M | — | ||
| Q1 25 | $57.5M | — | ||
| Q4 24 | $50.8M | — | ||
| Q3 24 | $50.6M | — | ||
| Q2 24 | $53.5M | — | ||
| Q1 24 | $47.8M | — |
净利润MFARERE
| Q4 25 | — | — | ||
| Q3 25 | $48.1M | — | ||
| Q2 25 | $33.2M | — | ||
| Q1 25 | $41.2M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $48.2M | — | ||
| Q2 24 | $41.9M | — | ||
| Q1 24 | $23.2M | — |
营业利润率MFARERE
| Q4 25 | 97.9% | — | ||
| Q3 25 | 84.5% | — | ||
| Q2 25 | 54.5% | — | ||
| Q1 25 | 70.0% | — | ||
| Q4 24 | 6.8% | — | ||
| Q3 24 | 98.2% | — | ||
| Q2 24 | 79.1% | — | ||
| Q1 24 | 50.7% | — |
净利率MFARERE
| Q4 25 | — | — | ||
| Q3 25 | 84.7% | — | ||
| Q2 25 | 54.2% | — | ||
| Q1 25 | 71.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 95.2% | — | ||
| Q2 24 | 78.4% | — | ||
| Q1 24 | 48.5% | — |
每股收益（稀释后）MFARERE
| Q4 25 | $0.43 | — | ||
| Q3 25 | $0.35 | — | ||
| Q2 25 | $0.21 | — | ||
| Q1 25 | $0.31 | — | ||
| Q4 24 | $-0.01 | — | ||
| Q3 24 | $0.37 | — | ||
| Q2 24 | $0.32 | — | ||
| Q1 24 | $0.14 | — |
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 | $213.2M | $228.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.8B | $557.1M |
| 总资产 | $13.0B | $722.9M |
| 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MFARERE
| Q4 25 | $213.2M | — | ||
| Q3 25 | $305.2M | — | ||
| Q2 25 | $275.7M | — | ||
| Q1 25 | $253.7M | — | ||
| Q4 24 | $338.9M | — | ||
| Q3 24 | $305.6M | — | ||
| Q2 24 | $289.4M | — | ||
| Q1 24 | $306.3M | — |
股东权益MFARERE
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $1.9B | — |
总资产MFARERE
| Q4 25 | $13.0B | — | ||
| Q3 25 | $12.1B | — | ||
| Q2 25 | $11.7B | — | ||
| Q1 25 | $11.5B | — | ||
| Q4 24 | $11.4B | — | ||
| Q3 24 | $11.2B | — | ||
| Q2 24 | $11.1B | — | ||
| Q1 24 | $10.9B | — |
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 | $76.2M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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MFARERE
| Q4 25 | $76.2M | — | ||
| Q3 25 | $14.7M | — | ||
| Q2 25 | $38.5M | — | ||
| Q1 25 | $-14.6M | — | ||
| Q4 24 | $200.1M | — | ||
| Q3 24 | $-11.3M | — | ||
| Q2 24 | $46.5M | — | ||
| Q1 24 | $53.5M | — |
现金转化率MFARERE
| Q4 25 | — | — | ||
| Q3 25 | 0.31× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | -0.35× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.23× | — | ||
| Q2 24 | 1.11× | — | ||
| Q1 24 | 2.30× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
