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McEwen Inc.（MUX）与Resolute Holdings Management, Inc.（RHLD）财务数据对比。点击上方公司名可切换其他公司
Resolute Holdings Management, Inc.的季度营收约是McEwen Inc.的1.8倍（$117.7M vs $64.6M），McEwen Inc.净利率更高（59.0% vs -1.5%，领先60.5%）
McEwen Inc（股票代码MUX）是一家自然资源企业，主要从事金、银、铜矿产的勘探、开发与生产业务，运营项目分布于南北美洲，秉持可持续负责任的采矿准则，产品面向全球大宗商品市场供应。
Resolute Holdings Management, Inc.是一家澳大利亚矿业企业，核心业务布局于非洲地区，目前运营两座金矿，分别为位于马里的 Syama 金矿和塞内加尔的 Mako 金矿，专注于黄金资源的勘探、开采及相关运营管理工作。
MUX vs RHLD — 直观对比
营收规模更大
RHLD
是对方的1.8倍
$64.6M
净利率更高
MUX
高出60.5%
-1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $64.6M | $117.7M |
| 净利润 | $38.1M | $-1.7M |
| 毛利率 | 26.9% | 55.7% |
| 营业利润率 | 34.2% | 30.2% |
| 净利率 | 59.0% | -1.5% |
| 营收同比 | 92.8% | — |
| 净利润同比 | 563.1% | — |
| 每股收益（稀释后） | $0.66 | $-0.20 |
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MUXRHLD
| Q4 25 | $64.6M | $117.7M | ||
| Q3 25 | $50.5M | $120.9M | ||
| Q2 25 | $46.7M | $119.6M | ||
| Q1 25 | $35.7M | $103.9M | ||
| Q4 24 | $33.5M | — | ||
| Q3 24 | $52.3M | — | ||
| Q2 24 | $47.5M | — | ||
| Q1 24 | $41.2M | — |
净利润MUXRHLD
| Q4 25 | $38.1M | $-1.7M | ||
| Q3 25 | $-462.0K | $-231.0K | ||
| Q2 25 | $3.0M | $-611.0K | ||
| Q1 25 | $-6.3M | $-3.4M | ||
| Q4 24 | $-8.2M | — | ||
| Q3 24 | $-2.1M | — | ||
| Q2 24 | $-13.0M | — | ||
| Q1 24 | $-20.4M | — |
毛利率MUXRHLD
| Q4 25 | 26.9% | 55.7% | ||
| Q3 25 | 15.5% | 59.0% | ||
| Q2 25 | 26.3% | 57.5% | ||
| Q1 25 | 28.2% | 52.5% | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 26.4% | — | ||
| Q2 24 | 22.7% | — | ||
| Q1 24 | 14.6% | — |
营业利润率MUXRHLD
| Q4 25 | 34.2% | 30.2% | ||
| Q3 25 | -16.7% | 34.3% | ||
| Q2 25 | -7.2% | 34.0% | ||
| Q1 25 | -21.4% | 24.7% | ||
| Q4 24 | -43.4% | — | ||
| Q3 24 | -0.2% | — | ||
| Q2 24 | -29.4% | — | ||
| Q1 24 | -53.3% | — |
净利率MUXRHLD
| Q4 25 | 59.0% | -1.5% | ||
| Q3 25 | -0.9% | -0.2% | ||
| Q2 25 | 6.5% | -0.5% | ||
| Q1 25 | -17.6% | -3.2% | ||
| Q4 24 | -24.6% | — | ||
| Q3 24 | -4.0% | — | ||
| Q2 24 | -27.4% | — | ||
| Q1 24 | -49.4% | — |
每股收益（稀释后）MUXRHLD
| Q4 25 | $0.66 | $-0.20 | ||
| Q3 25 | $-0.01 | $-0.03 | ||
| Q2 25 | $0.06 | $-0.07 | ||
| Q1 25 | $-0.12 | $-0.39 | ||
| Q4 24 | $-0.15 | — | ||
| Q3 24 | $-0.04 | — | ||
| Q2 24 | $-0.26 | — | ||
| Q1 24 | $-0.41 | — |
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 | $72.1M | $205.5M |
| 总债务越低越好 | $126.2M | $169.8M |
| 股东权益账面价值 | $546.2M | $6.5M |
| 总资产 | $820.2M | $333.4M |
| 负债/权益比越低杠杆越低 | 0.23× | 26.03× |
8季度趋势，按日历期对齐
现金及短期投资MUXRHLD
| Q4 25 | $72.1M | $205.5M | ||
| Q3 25 | $75.4M | $148.0M | ||
| Q2 25 | $69.5M | $99.9M | ||
| Q1 25 | $79.3M | $71.0M | ||
| Q4 24 | $15.3M | — | ||
| Q3 24 | $30.2M | — | ||
| Q2 24 | $42.6M | — | ||
| Q1 24 | $22.0M | — |
总债务MUXRHLD
| Q4 25 | $126.2M | $169.8M | ||
| Q3 25 | $126.0M | $173.4M | ||
| Q2 25 | $125.8M | $177.1M | ||
| Q1 25 | $125.5M | $180.7M | ||
| Q4 24 | $40.0M | — | ||
| Q3 24 | $31.0M | — | ||
| Q2 24 | $34.0M | — | ||
| Q1 24 | $37.0M | — |
股东权益MUXRHLD
| Q4 25 | $546.2M | $6.5M | ||
| Q3 25 | $488.6M | $10.8M | ||
| Q2 25 | $484.5M | $9.6M | ||
| Q1 25 | $479.8M | $8.9M | ||
| Q4 24 | $495.0M | — | ||
| Q3 24 | $502.1M | — | ||
| Q2 24 | $485.2M | — | ||
| Q1 24 | $482.5M | — |
总资产MUXRHLD
| Q4 25 | $820.2M | $333.4M | ||
| Q3 25 | $747.6M | $293.2M | ||
| Q2 25 | $735.6M | $253.3M | ||
| Q1 25 | $730.6M | $214.3M | ||
| Q4 24 | $664.6M | — | ||
| Q3 24 | $667.8M | — | ||
| Q2 24 | $645.1M | — | ||
| Q1 24 | $638.7M | — |
负债/权益比MUXRHLD
| Q4 25 | 0.23× | 26.03× | ||
| Q3 25 | 0.26× | 16.01× | ||
| Q2 25 | 0.26× | 18.42× | ||
| Q1 25 | 0.26× | 20.38× | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | 0.06× | — | ||
| Q2 24 | 0.07× | — | ||
| Q1 24 | 0.08× | — |
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 | $3.1M | $196.1M |
| 自由现金流经营现金流 - 资本支出 | — | $189.2M |
| 自由现金流率自由现金流/营收 | — | 160.8% |
| 资本支出强度资本支出/营收 | — | 5.8% |
| 现金转化率经营现金流/净利润 | 0.08× | — |
| 过去12个月自由现金流最近4个季度 | — | $313.2M |
8季度趋势，按日历期对齐
经营现金流MUXRHLD
| Q4 25 | $3.1M | $196.1M | ||
| Q3 25 | $5.2M | $59.6M | ||
| Q2 25 | $478.0K | $48.9M | ||
| Q1 25 | $-1.9M | $18.4M | ||
| Q4 24 | $-1.2M | — | ||
| Q3 24 | $23.2M | — | ||
| Q2 24 | $3.6M | — | ||
| Q1 24 | $3.9M | — |
自由现金流MUXRHLD
| Q4 25 | — | $189.2M | ||
| Q3 25 | — | $58.6M | ||
| Q2 25 | — | $47.5M | ||
| Q1 25 | — | $17.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率MUXRHLD
| Q4 25 | — | 160.8% | ||
| Q3 25 | — | 48.5% | ||
| Q2 25 | — | 39.7% | ||
| Q1 25 | — | 17.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度MUXRHLD
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率MUXRHLD
| Q4 25 | 0.08× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.16× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
