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MANNATECH INC（MTEX）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
万物新生的季度营收约是MANNATECH INC的1.5倍（$43.2M vs $29.2M），万物新生净利率更高（16.9% vs 6.6%，领先10.3%）
曼纳泰克是一家公开上市的跨国多层次直销企业，主营膳食补充剂与个人护理产品，由塞缪尔·卡斯特于1993年11月创立，总部位于美国德克萨斯州花丘，股票在纳斯达克挂牌交易。截至2017年，公司共有252名雇员，产品通过约22万名独立销售代理推广销售。
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。
MTEX vs RERE — 直观对比
营收规模更大
RERE
是对方的1.5倍
$29.2M
净利率更高
RERE
高出10.3%
6.6%
损益表 — Q3 FY2025 vs Q1 FY2023
| 指标 | | |
|---|---|---|
| 营收 | $29.2M | $43.2M |
| 净利润 | $1.9M | $7.3M |
| 毛利率 | 76.4% | — |
| 营业利润率 | 6.9% | — |
| 净利率 | 6.6% | 16.9% |
| 营收同比 | -8.1% | — |
| 净利润同比 | 686.6% | — |
| 每股收益（稀释后） | $1.01 | — |
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MTEXRERE
| Q3 25 | $29.2M | — | ||
| Q1 25 | $26.6M | — | ||
| Q4 24 | $29.0M | — | ||
| Q3 24 | $31.7M | — | ||
| Q2 24 | $27.7M | — | ||
| Q1 24 | $29.4M | — | ||
| Q4 23 | $32.7M | — | ||
| Q3 23 | $32.6M | — |
净利润MTEXRERE
| Q3 25 | $1.9M | — | ||
| Q1 25 | $-1.5M | — | ||
| Q4 24 | $2.3M | — | ||
| Q3 24 | $-328.0K | — | ||
| Q2 24 | $-624.0K | — | ||
| Q1 24 | $1.2M | — | ||
| Q4 23 | $-1.8M | — | ||
| Q3 23 | $18.0K | — |
毛利率MTEXRERE
| Q3 25 | 76.4% | — | ||
| Q1 25 | 74.3% | — | ||
| Q4 24 | 80.6% | — | ||
| Q3 24 | 74.5% | — | ||
| Q2 24 | 77.1% | — | ||
| Q1 24 | 78.6% | — | ||
| Q4 23 | 75.4% | — | ||
| Q3 23 | 79.6% | — |
营业利润率MTEXRERE
| Q3 25 | 6.9% | — | ||
| Q1 25 | -3.1% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 2.8% | — | ||
| Q2 24 | -4.1% | — | ||
| Q1 24 | 2.8% | — | ||
| Q4 23 | -2.7% | — | ||
| Q3 23 | 0.5% | — |
净利率MTEXRERE
| Q3 25 | 6.6% | — | ||
| Q1 25 | -5.8% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | -1.0% | — | ||
| Q2 24 | -2.2% | — | ||
| Q1 24 | 4.0% | — | ||
| Q4 23 | -5.4% | — | ||
| Q3 23 | 0.1% | — |
每股收益（稀释后）MTEXRERE
| Q3 25 | $1.01 | — | ||
| Q1 25 | $-0.80 | — | ||
| Q4 24 | $1.19 | — | ||
| Q3 24 | $-0.17 | — | ||
| Q2 24 | $-0.33 | — | ||
| Q1 24 | $0.63 | — | ||
| Q4 23 | $-0.94 | — | ||
| Q3 23 | $0.01 | — |
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 | $7.1M | $228.0M |
| 总债务越低越好 | $2.9M | — |
| 股东权益账面价值 | $7.0M | $557.1M |
| 总资产 | $33.9M | $722.9M |
| 负债/权益比越低杠杆越低 | 0.42× | — |
8季度趋势，按日历期对齐
现金及短期投资MTEXRERE
| Q3 25 | $7.1M | — | ||
| Q1 25 | $9.3M | — | ||
| Q4 24 | $11.4M | — | ||
| Q3 24 | $12.2M | — | ||
| Q2 24 | $9.2M | — | ||
| Q1 24 | $7.9M | — | ||
| Q4 23 | $7.7M | — | ||
| Q3 23 | $7.9M | — |
总债务MTEXRERE
| Q3 25 | $2.9M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — |
股东权益MTEXRERE
| Q3 25 | $7.0M | — | ||
| Q1 25 | $7.6M | — | ||
| Q4 24 | $8.6M | — | ||
| Q3 24 | $10.0M | — | ||
| Q2 24 | $8.2M | — | ||
| Q1 24 | $10.4M | — | ||
| Q4 23 | $10.5M | — | ||
| Q3 23 | $10.7M | — |
总资产MTEXRERE
| Q3 25 | $33.9M | — | ||
| Q1 25 | $36.7M | — | ||
| Q4 24 | $36.1M | — | ||
| Q3 24 | $40.6M | — | ||
| Q2 24 | $39.9M | — | ||
| Q1 24 | $41.1M | — | ||
| Q4 23 | $41.2M | — | ||
| Q3 23 | $42.2M | — |
负债/权益比MTEXRERE
| Q3 25 | 0.42× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 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 | $-1.3M | — |
| 自由现金流经营现金流 - 资本支出 | $-2.0M | — |
| 自由现金流率自由现金流/营收 | -6.8% | — |
| 资本支出强度资本支出/营收 | 2.4% | — |
| 现金转化率经营现金流/净利润 | -0.68× | — |
| 过去12个月自由现金流最近4个季度 | $-1.2M | — |
8季度趋势，按日历期对齐
经营现金流MTEXRERE
| Q3 25 | $-1.3M | — | ||
| Q1 25 | $-1.4M | — | ||
| Q4 24 | $-219.0K | — | ||
| Q3 24 | $3.3M | — | ||
| Q2 24 | $-2.7M | — | ||
| Q1 24 | $1.9M | — | ||
| Q4 23 | $-1.3M | — | ||
| Q3 23 | $287.0K | — |
自由现金流MTEXRERE
| Q3 25 | $-2.0M | — | ||
| Q1 25 | $-1.9M | — | ||
| Q4 24 | $-325.0K | — | ||
| Q3 24 | $3.0M | — | ||
| Q2 24 | $-2.7M | — | ||
| Q1 24 | $1.8M | — | ||
| Q4 23 | $-1.5M | — | ||
| Q3 23 | $101.0K | — |
自由现金流率MTEXRERE
| Q3 25 | -6.8% | — | ||
| Q1 25 | -7.0% | — | ||
| Q4 24 | -1.1% | — | ||
| Q3 24 | 9.5% | — | ||
| Q2 24 | -9.9% | — | ||
| Q1 24 | 6.2% | — | ||
| Q4 23 | -4.7% | — | ||
| Q3 23 | 0.3% | — |
资本支出强度MTEXRERE
| Q3 25 | 2.4% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.8% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 0.2% | — | ||
| Q4 23 | 0.6% | — | ||
| Q3 23 | 0.6% | — |
现金转化率MTEXRERE
| Q3 25 | -0.68× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.10× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.59× | — | ||
| Q4 23 | — | — | ||
| Q3 23 | 15.94× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
