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NATURAL ALTERNATIVES INTERNATIONAL INC（NAII）与REDWOOD TRUST INC（RWT）财务数据对比。点击上方公司名可切换其他公司
NATURAL ALTERNATIVES INTERNATIONAL INC的季度营收约是REDWOOD TRUST INC的1.3倍（$34.8M vs $25.9M），REDWOOD TRUST INC净利率更高（77.2% vs -7.3%，领先84.6%），NATURAL ALTERNATIVES INTERNATIONAL INC同比增速更快（2.1% vs -6.1%），过去两年NATURAL ALTERNATIVES INTERNATIONAL INC的营收复合增速更高（17.7% vs -41.0%）
天然替代品国际公司（NAI）是一家总部位于美国加利福尼亚州卡尔斯巴德的企业，主打营养补充剂生产，知名产品包括Juice Plus。公司由马克·A·勒杜创立于1980年，生产基地分布在美国加利福尼亚州维斯塔、瑞士与日本，在营养补充剂代工生产领域拥有多年经验。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
NAII vs RWT — 直观对比
营收规模更大
NAII
是对方的1.3倍
$25.9M
营收增速更快
NAII
高出8.2%
-6.1%
净利率更高
RWT
高出84.6%
-7.3%
两年增速更快
NAII
近两年复合增速
-41.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $34.8M | $25.9M |
| 净利润 | $-2.6M | $20.0M |
| 毛利率 | 7.2% | — |
| 营业利润率 | -5.3% | — |
| 净利率 | -7.3% | 77.2% |
| 营收同比 | 2.1% | -6.1% |
| 净利润同比 | -16.5% | 402.6% |
| 每股收益（稀释后） | $-0.42 | $0.11 |
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NAIIRWT
| Q4 25 | $34.8M | $25.9M | ||
| Q3 25 | $37.7M | $15.0M | ||
| Q2 25 | $33.9M | $13.8M | ||
| Q1 25 | $28.8M | $27.9M | ||
| Q4 24 | $34.1M | $27.6M | ||
| Q3 24 | $33.1M | $25.5M | ||
| Q2 24 | $29.5M | $67.4M | ||
| Q1 24 | $25.1M | $74.5M |
净利润NAIIRWT
| Q4 25 | $-2.6M | $20.0M | ||
| Q3 25 | $-291.0K | $-7.7M | ||
| Q2 25 | $-7.2M | $-98.5M | ||
| Q1 25 | $-2.2M | $16.1M | ||
| Q4 24 | $-2.2M | $-6.6M | ||
| Q3 24 | $-2.0M | $14.8M | ||
| Q2 24 | $-1.9M | $15.5M | ||
| Q1 24 | $-1.6M | $30.3M |
毛利率NAIIRWT
| Q4 25 | 7.2% | — | ||
| Q3 25 | 11.7% | — | ||
| Q2 25 | 10.4% | — | ||
| Q1 25 | 6.3% | — | ||
| Q4 24 | 4.9% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 4.8% | — | ||
| Q1 24 | 7.6% | — |
营业利润率NAIIRWT
| Q4 25 | -5.3% | — | ||
| Q3 25 | 0.8% | -9.0% | ||
| Q2 25 | -5.7% | -679.0% | ||
| Q1 25 | -7.3% | 80.2% | ||
| Q4 24 | -8.2% | -1.3% | ||
| Q3 24 | -5.5% | 86.1% | ||
| Q2 24 | -8.6% | 30.3% | ||
| Q1 24 | -7.8% | 41.3% |
净利率NAIIRWT
| Q4 25 | -7.3% | 77.2% | ||
| Q3 25 | -0.8% | -51.4% | ||
| Q2 25 | -21.3% | -712.0% | ||
| Q1 25 | -7.6% | 57.8% | ||
| Q4 24 | -6.4% | -24.0% | ||
| Q3 24 | -6.0% | 58.1% | ||
| Q2 24 | -6.4% | 23.0% | ||
| Q1 24 | -6.3% | 40.6% |
每股收益（稀释后）NAIIRWT
| Q4 25 | $-0.42 | $0.11 | ||
| Q3 25 | $-0.05 | $-0.08 | ||
| Q2 25 | $-1.21 | $-0.76 | ||
| Q1 25 | $-0.37 | $0.10 | ||
| Q4 24 | $-0.37 | $-0.08 | ||
| Q3 24 | $-0.33 | $0.09 | ||
| Q2 24 | $-0.32 | $0.10 | ||
| Q1 24 | $-0.27 | $0.21 |
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 | $3.8M | $255.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $67.0M | $982.6M |
| 总资产 | $153.3M | $23.7B |
| 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NAIIRWT
| Q4 25 | $3.8M | $255.7M | ||
| Q3 25 | $7.7M | $226.3M | ||
| Q2 25 | $12.3M | $302.0M | ||
| Q1 25 | $10.6M | $259.9M | ||
| Q4 24 | $8.7M | $245.2M | ||
| Q3 24 | $10.2M | $253.7M | ||
| Q2 24 | $12.0M | $275.6M | ||
| Q1 24 | $12.4M | $275.4M |
总债务NAIIRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.7B |
股东权益NAIIRWT
| Q4 25 | $67.0M | $982.6M | ||
| Q3 25 | $69.0M | $999.0M | ||
| Q2 25 | $68.4M | $1.1B | ||
| Q1 25 | $76.6M | $1.2B | ||
| Q4 24 | $79.1M | $1.2B | ||
| Q3 24 | $80.2M | $1.2B | ||
| Q2 24 | $82.6M | $1.2B | ||
| Q1 24 | $84.1M | $1.2B |
总资产NAIIRWT
| Q4 25 | $153.3M | $23.7B | ||
| Q3 25 | $156.9M | $22.6B | ||
| Q2 25 | $151.9M | $21.3B | ||
| Q1 25 | $154.9M | $19.9B | ||
| Q4 24 | $156.1M | $18.3B | ||
| Q3 24 | $161.3M | $18.4B | ||
| Q2 24 | $162.3M | $16.5B | ||
| Q1 24 | $153.2M | $15.1B |
负债/权益比NAIIRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.39× |
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 | $-6.3M | $-10.1B |
| 自由现金流经营现金流 - 资本支出 | $-7.3M | — |
| 自由现金流率自由现金流/营收 | -20.9% | — |
| 资本支出强度资本支出/营收 | 2.7% | — |
| 现金转化率经营现金流/净利润 | — | -504.15× |
| 过去12个月自由现金流最近4个季度 | $-5.2M | — |
8季度趋势，按日历期对齐
经营现金流NAIIRWT
| Q4 25 | $-6.3M | $-10.1B | ||
| Q3 25 | $-4.0M | $-2.7B | ||
| Q2 25 | $3.3M | $-2.1B | ||
| Q1 25 | $6.0M | $-2.0B | ||
| Q4 24 | $37.0K | $-5.9B | ||
| Q3 24 | $-3.4M | $-2.1B | ||
| Q2 24 | $-2.7M | $-2.0B | ||
| Q1 24 | $-3.6M | $-954.2M |
自由现金流NAIIRWT
| Q4 25 | $-7.3M | — | ||
| Q3 25 | $-5.1M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $5.2M | — | ||
| Q4 24 | $-1.0M | — | ||
| Q3 24 | $-3.7M | — | ||
| Q2 24 | $-3.8M | — | ||
| Q1 24 | $-3.9M | — |
自由现金流率NAIIRWT
| Q4 25 | -20.9% | — | ||
| Q3 25 | -13.4% | — | ||
| Q2 25 | 5.6% | — | ||
| Q1 25 | 18.0% | — | ||
| Q4 24 | -3.0% | — | ||
| Q3 24 | -11.3% | — | ||
| Q2 24 | -12.7% | — | ||
| Q1 24 | -15.5% | — |
资本支出强度NAIIRWT
| Q4 25 | 2.7% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 1.1% | — |
现金转化率NAIIRWT
| Q4 25 | — | -504.15× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -120.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -140.86× | ||
| Q2 24 | — | -126.56× | ||
| Q1 24 | — | -31.53× |
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
NAII
| Private Label Contract Manufacturing | $32.8M | 94% |
| Patent And Trademark Licensing | $2.0M | 6% |
RWT
暂无分部数据
