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Northann Corp.（NCL）与Rithm Property Trust Inc.（RPT）财务数据对比。点击上方公司名可切换其他公司
Northann Corp.的季度营收约是Rithm Property Trust Inc.的1.0倍（$3.5M vs $3.4M），Rithm Property Trust Inc.净利率更高（95.4% vs -248.2%，领先343.6%），Northann Corp.同比增速更快（38.6% vs -39.7%），过去两年Northann Corp.的营收复合增速更高（28.1% vs -43.2%）
Northann Corp是一家家居用品企业，主营家纺产品、装饰配饰及相关家居商品的设计、生产与销售，核心市场覆盖北美、西欧及中国本土，主要面向中高端家居消费群体。
Rithm Property Trust Inc.旗下的里思资本是一家总部位于纽约的美国投资管理公司，核心业务聚焦于房地产投资及另类投资领域，是该赛道颇具影响力的专业投资机构。
NCL vs RPT — 直观对比
营收规模更大
NCL
是对方的1.0倍
$3.4M
营收增速更快
NCL
高出78.3%
-39.7%
净利率更高
RPT
高出343.6%
-248.2%
两年增速更快
NCL
近两年复合增速
-43.2%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.5M | $3.4M |
| 净利润 | $-8.8M | $3.2M |
| 毛利率 | -40.6% | — |
| 营业利润率 | -246.9% | 99.6% |
| 净利率 | -248.2% | 95.4% |
| 营收同比 | 38.6% | -39.7% |
| 净利润同比 | -1872.0% | 11.2% |
| 每股收益（稀释后） | $-0.07 | $-0.26 |
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NCLRPT
| Q4 25 | — | $3.4M | ||
| Q3 25 | $3.5M | $4.0M | ||
| Q2 25 | $1.7M | $4.2M | ||
| Q1 25 | $3.4M | $249.0K | ||
| Q4 24 | $4.3M | — | ||
| Q3 24 | $2.6M | — | ||
| Q2 24 | $3.9M | — | ||
| Q1 24 | $4.6M | — |
净利润NCLRPT
| Q4 25 | — | $3.2M | ||
| Q3 25 | $-8.8M | $-273.0K | ||
| Q2 25 | $-2.3M | $1.9M | ||
| Q1 25 | $-2.6M | $-3.4M | ||
| Q4 24 | $-3.9M | — | ||
| Q3 24 | $496.6K | — | ||
| Q2 24 | $-997.5K | — | ||
| Q1 24 | $60.0K | — |
毛利率NCLRPT
| Q4 25 | — | — | ||
| Q3 25 | -40.6% | — | ||
| Q2 25 | -53.6% | — | ||
| Q1 25 | 11.4% | — | ||
| Q4 24 | -2.2% | — | ||
| Q3 24 | 63.7% | — | ||
| Q2 24 | 23.2% | — | ||
| Q1 24 | 33.6% | — |
营业利润率NCLRPT
| Q4 25 | — | 99.6% | ||
| Q3 25 | -246.9% | -6.2% | ||
| Q2 25 | -128.6% | 45.7% | ||
| Q1 25 | -74.9% | -1416.5% | ||
| Q4 24 | -32.2% | — | ||
| Q3 24 | 21.6% | — | ||
| Q2 24 | -30.0% | — | ||
| Q1 24 | 7.1% | — |
净利率NCLRPT
| Q4 25 | — | 95.4% | ||
| Q3 25 | -248.2% | -6.8% | ||
| Q2 25 | -132.5% | 45.1% | ||
| Q1 25 | -76.5% | -1363.1% | ||
| Q4 24 | -91.4% | — | ||
| Q3 24 | 19.4% | — | ||
| Q2 24 | -25.6% | — | ||
| Q1 24 | 1.3% | — |
每股收益（稀释后）NCLRPT
| Q4 25 | — | $-0.26 | ||
| Q3 25 | $-0.07 | $-0.03 | ||
| Q2 25 | $-0.02 | $0.01 | ||
| Q1 25 | $-0.03 | $-0.08 | ||
| Q4 24 | $-0.16 | — | ||
| Q3 24 | $0.02 | — | ||
| Q2 24 | $-0.04 | — | ||
| Q1 24 | $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 | $40.9K | $79.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.8M | $291.6M |
| 总资产 | $15.0M | $1.0B |
| 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NCLRPT
| Q4 25 | — | $79.3M | ||
| Q3 25 | $40.9K | $81.4M | ||
| Q2 25 | $1.1M | $98.6M | ||
| Q1 25 | — | $97.4M | ||
| Q4 24 | $245.2K | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益NCLRPT
| Q4 25 | — | $291.6M | ||
| Q3 25 | $1.8M | $291.7M | ||
| Q2 25 | $4.4M | $294.7M | ||
| Q1 25 | $3.9M | $296.1M | ||
| Q4 24 | $2.6M | — | ||
| Q3 24 | $1.4M | — | ||
| Q2 24 | $969.0K | — | ||
| Q1 24 | $712.3K | — |
总资产NCLRPT
| Q4 25 | — | $1.0B | ||
| Q3 25 | $15.0M | $1.0B | ||
| Q2 25 | $16.5M | $1.0B | ||
| Q1 25 | $16.5M | $1.0B | ||
| Q4 24 | $13.9M | — | ||
| Q3 24 | $14.6M | — | ||
| Q2 24 | $13.1M | — | ||
| Q1 24 | $13.2M | — |
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 | $-15.6K | $-8.3M |
| 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 | — | -2.56× |
| 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NCLRPT
| Q4 25 | — | $-8.3M | ||
| Q3 25 | $-15.6K | $-5.8M | ||
| Q2 25 | $-2.8M | $-25.0K | ||
| Q1 25 | $-1.0M | $-1.6M | ||
| Q4 24 | $-1.6M | — | ||
| Q3 24 | $169.7K | — | ||
| Q2 24 | $-122.2K | — | ||
| Q1 24 | $297.9K | — |
现金转化率NCLRPT
| Q4 25 | — | -2.56× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.01× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.34× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 4.96× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
