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摩丁制造（MOD）与微博公司（WB）财务数据对比。点击上方公司名可切换其他公司
微博公司的季度营收约是摩丁制造的1.6倍（$1.3B vs $805.0M），微博公司净利率更高（35.7% vs -5.9%，领先41.6%），过去两年微博公司的营收复合增速更高（22.6% vs 15.5%）
摩丁制造是1916年成立于美国的热管理企业。创始人亚瑟·B·摩丁获拖拉机Spirex散热器专利后创立公司，曾为福特T型车生产Turbotube散热器，1941年在威斯康星州拉辛建成全球首个车用风洞，二战期间为P-51野马战斗机供应后冷却器。
微博公司是中国知名的社交网络企业，旗下运营的新浪微博是国内极具影响力的微博客平台，公司总部位于中国北京，为数以亿计的用户提供社交互动、资讯传播、内容创作等多元互联网服务。
MOD vs WB — 直观对比
营收规模更大
WB
是对方的1.6倍
$805.0M
净利率更高
WB
高出41.6%
-5.9%
两年增速更快
WB
近两年复合增速
15.5%
损益表 — Q3 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $805.0M | $1.3B |
| 净利润 | $-47.4M | $458.3M |
| 毛利率 | 23.1% | — |
| 营业利润率 | 11.1% | 29.1% |
| 净利率 | -5.9% | 35.7% |
| 营收同比 | 30.5% | — |
| 净利润同比 | -215.6% | — |
| 每股收益（稀释后） | $-0.90 | — |
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MODWB
| Q4 25 | $805.0M | — | ||
| Q3 25 | $738.9M | $1.3B | ||
| Q2 25 | $682.8M | $841.7M | ||
| Q1 25 | $647.2M | $396.9M | ||
| Q4 24 | $616.8M | — | ||
| Q3 24 | $658.0M | $1.3B | ||
| Q2 24 | $661.5M | $833.4M | ||
| Q1 24 | $603.5M | $395.5M |
净利润MODWB
| Q4 25 | $-47.4M | — | ||
| Q3 25 | $44.4M | $458.3M | ||
| Q2 25 | $51.2M | $234.8M | ||
| Q1 25 | $49.6M | $108.1M | ||
| Q4 24 | $41.0M | — | ||
| Q3 24 | $46.1M | $297.4M | ||
| Q2 24 | $47.3M | $164.6M | ||
| Q1 24 | $25.8M | $51.1M |
毛利率MODWB
| Q4 25 | 23.1% | — | ||
| Q3 25 | 22.3% | — | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 25.6% | — | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 25.2% | — | ||
| Q2 24 | 24.6% | — | ||
| Q1 24 | 22.4% | — |
营业利润率MODWB
| Q4 25 | 11.1% | — | ||
| Q3 25 | 9.9% | 29.1% | ||
| Q2 25 | 11.1% | 30.4% | ||
| Q1 25 | 11.5% | 27.8% | ||
| Q4 24 | 9.6% | — | ||
| Q3 24 | 11.4% | 29.0% | ||
| Q2 24 | 11.2% | 28.2% | ||
| Q1 24 | 7.8% | 25.2% |
净利率MODWB
| Q4 25 | -5.9% | — | ||
| Q3 25 | 6.0% | 35.7% | ||
| Q2 25 | 7.5% | 27.9% | ||
| Q1 25 | 7.7% | 27.2% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 7.0% | 22.9% | ||
| Q2 24 | 7.2% | 19.8% | ||
| Q1 24 | 4.3% | 12.9% |
每股收益（稀释后）MODWB
| Q4 25 | $-0.90 | — | ||
| Q3 25 | $0.83 | — | ||
| Q2 25 | $0.95 | — | ||
| Q1 25 | $0.92 | — | ||
| Q4 24 | $0.76 | — | ||
| Q3 24 | $0.86 | — | ||
| Q2 24 | $0.88 | — | ||
| Q1 24 | $0.48 | — |
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 | $98.7M | $1.1B |
| 总债务越低越好 | $570.7M | — |
| 股东权益账面价值 | $1.1B | $3.9B |
| 总资产 | $2.5B | $6.9B |
| 负债/权益比越低杠杆越低 | 0.51× | — |
8季度趋势，按日历期对齐
现金及短期投资MODWB
| Q4 25 | $98.7M | — | ||
| Q3 25 | $83.8M | $1.1B | ||
| Q2 25 | $124.5M | $1.2B | ||
| Q1 25 | $71.6M | $1.2B | ||
| Q4 24 | $83.8M | — | ||
| Q3 24 | $78.6M | — | ||
| Q2 24 | $72.9M | $1.9B | ||
| Q1 24 | $60.1M | $2.1B |
总债务MODWB
| Q4 25 | $570.7M | — | ||
| Q3 25 | $525.8M | — | ||
| Q2 25 | $482.1M | — | ||
| Q1 25 | $296.7M | — | ||
| Q4 24 | $330.0M | — | ||
| Q3 24 | $359.1M | — | ||
| Q2 24 | $405.7M | — | ||
| Q1 24 | $399.9M | — |
股东权益MODWB
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | $3.9B | ||
| Q2 25 | $1.0B | $3.6B | ||
| Q1 25 | $910.2M | $3.5B | ||
| Q4 24 | $855.1M | — | ||
| Q3 24 | $858.8M | — | ||
| Q2 24 | $788.4M | $3.4B | ||
| Q1 24 | $747.6M | $3.3B |
总资产MODWB
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.4B | $6.9B | ||
| Q2 25 | $2.2B | $6.5B | ||
| Q1 25 | $1.9B | $6.7B | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | $7.1B | ||
| Q1 24 | $1.9B | $7.3B |
负债/权益比MODWB
| Q4 25 | 0.51× | — | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 0.53× | — |
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 | $24.7M | — |
| 自由现金流经营现金流 - 资本支出 | $-17.1M | — |
| 自由现金流率自由现金流/营收 | -2.1% | — |
| 资本支出强度资本支出/营收 | 5.2% | — |
| 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 | $-20.3M | — |
8季度趋势，按日历期对齐
经营现金流MODWB
| Q4 25 | $24.7M | — | ||
| Q3 25 | $1.4M | — | ||
| Q2 25 | $27.7M | — | ||
| Q1 25 | $54.8M | — | ||
| Q4 24 | $60.7M | — | ||
| Q3 24 | $57.3M | — | ||
| Q2 24 | $40.5M | — | ||
| Q1 24 | $39.6M | — |
自由现金流MODWB
| Q4 25 | $-17.1M | — | ||
| Q3 25 | $-30.5M | — | ||
| Q2 25 | $200.0K | — | ||
| Q1 25 | $27.1M | — | ||
| Q4 24 | $44.7M | — | ||
| Q3 24 | $43.8M | — | ||
| Q2 24 | $13.7M | — | ||
| Q1 24 | $-4.3M | — |
自由现金流率MODWB
| Q4 25 | -2.1% | — | ||
| Q3 25 | -4.1% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | 7.2% | — | ||
| Q3 24 | 6.7% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | -0.7% | — |
资本支出强度MODWB
| Q4 25 | 5.2% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 4.0% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 4.1% | — | ||
| Q1 24 | 7.3% | — |
现金转化率MODWB
| Q4 25 | — | — | ||
| Q3 25 | 0.03× | — | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.24× | — | ||
| Q2 24 | 0.86× | — | ||
| Q1 24 | 1.53× | — |
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
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
WB
| Income from operations | $373.2M | 29% |
| Shares used in computing diluted net income per share attributable to Weibos shareholders | $268.1M | 21% |
| Shares used in computing basic net income per share attributable to Weibos shareholders | $238.6M | 19% |
| Value-added services | $186.1M | 14% |
| Less: Income tax expenses | $113.2M | 9% |
| Investment related income, net | $45.0M | 4% |
| Product development | $16.7M | 1% |
| General and administrative | $10.6M | 1% |
| Sales and marketing | $7.1M | 1% |
| Accretion to redeemable non-controlling interests | $3.0M | 0% |
