vs
NATURAL GAS SERVICES GROUP INC（NGS）与STEM, INC.（STEM）财务数据对比。点击上方公司名可切换其他公司
STEM, INC.的季度营收约是NATURAL GAS SERVICES GROUP INC的1.0倍（$47.1M vs $46.1M），NATURAL GAS SERVICES GROUP INC净利率更高（8.9% vs -33.9%，领先42.8%），NATURAL GAS SERVICES GROUP INC同比增速更快（13.5% vs -15.6%）
南方公司燃气（原AGL资源）是入选财富美国500强的美国能源服务控股公司，总部位于佐治亚州亚特兰大。公司业务涵盖天然气分销、批发服务、零售业务及中游运营，是美国规模最大的天然气分销企业之一，通过旗下受监管分销子公司，为全美四个州约450万公用事业客户提供服务。
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
NGS vs STEM — 直观对比
营收规模更大
STEM
是对方的1.0倍
$46.1M
营收增速更快
NGS
高出29.1%
-15.6%
净利率更高
NGS
高出42.8%
-33.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $46.1M | $47.1M |
| 净利润 | $4.1M | $-16.0M |
| 毛利率 | — | 48.9% |
| 营业利润率 | 15.4% | -17.7% |
| 净利率 | 8.9% | -33.9% |
| 营收同比 | 13.5% | -15.6% |
| 净利润同比 | 43.2% | 68.8% |
| 每股收益（稀释后） | $0.32 | $-4.40 |
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NGSSTEM
| Q4 25 | $46.1M | $47.1M | ||
| Q3 25 | $43.4M | $38.2M | ||
| Q2 25 | $41.4M | $38.4M | ||
| Q1 25 | $41.4M | $32.5M | ||
| Q4 24 | $40.7M | $55.8M | ||
| Q3 24 | — | $29.3M | ||
| Q2 24 | — | $34.0M | ||
| Q1 24 | — | $25.5M |
净利润NGSSTEM
| Q4 25 | $4.1M | $-16.0M | ||
| Q3 25 | $5.8M | $-23.8M | ||
| Q2 25 | $5.2M | $202.5M | ||
| Q1 25 | $4.9M | $-25.0M | ||
| Q4 24 | $2.9M | $-51.1M | ||
| Q3 24 | — | $-148.3M | ||
| Q2 24 | — | $-582.3M | ||
| Q1 24 | — | $-72.3M |
毛利率NGSSTEM
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | — | -95.0% |
营业利润率NGSSTEM
| Q4 25 | 15.4% | -17.7% | ||
| Q3 25 | 24.8% | -33.6% | ||
| Q2 25 | 24.0% | -34.8% | ||
| Q1 25 | 23.0% | -65.0% | ||
| Q4 24 | 14.9% | -84.4% | ||
| Q3 24 | — | -493.2% | ||
| Q2 24 | — | -1705.5% | ||
| Q1 24 | — | -267.0% |
净利率NGSSTEM
| Q4 25 | 8.9% | -33.9% | ||
| Q3 25 | 13.3% | -62.2% | ||
| Q2 25 | 12.5% | 527.8% | ||
| Q1 25 | 11.7% | -76.9% | ||
| Q4 24 | 7.0% | -91.6% | ||
| Q3 24 | — | -506.3% | ||
| Q2 24 | — | -1712.6% | ||
| Q1 24 | — | -283.9% |
每股收益（稀释后）NGSSTEM
| Q4 25 | $0.32 | $-4.40 | ||
| Q3 25 | $0.46 | $-2.84 | ||
| Q2 25 | $0.41 | $-1.79 | ||
| Q1 25 | $0.38 | $-0.15 | ||
| Q4 24 | $0.22 | $-15.29 | ||
| Q3 24 | — | $-18.24 | ||
| Q2 24 | — | $-71.81 | ||
| Q1 24 | — | $-0.46 |
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 | — | $48.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $274.7M | $-249.4M |
| 总资产 | $586.8M | $308.9M |
| 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NGSSTEM
| Q4 25 | — | $48.9M | ||
| Q3 25 | — | $43.1M | ||
| Q2 25 | $325.0K | $40.8M | ||
| Q1 25 | $2.1M | $58.6M | ||
| Q4 24 | $2.1M | $56.3M | ||
| Q3 24 | — | $75.4M | ||
| Q2 24 | — | $89.6M | ||
| Q1 24 | — | $112.8M |
股东权益NGSSTEM
| Q4 25 | $274.7M | $-249.4M | ||
| Q3 25 | $271.4M | $-235.7M | ||
| Q2 25 | $266.2M | $-214.1M | ||
| Q1 25 | $260.3M | $-417.5M | ||
| Q4 24 | $255.1M | $-398.4M | ||
| Q3 24 | — | $-344.1M | ||
| Q2 24 | — | $-203.2M | ||
| Q1 24 | — | $371.6M |
总资产NGSSTEM
| Q4 25 | $586.8M | $308.9M | ||
| Q3 25 | $562.3M | $362.6M | ||
| Q2 25 | $525.5M | $379.2M | ||
| Q1 25 | $501.7M | $405.1M | ||
| Q4 24 | $492.5M | $437.4M | ||
| Q3 24 | — | $537.8M | ||
| Q2 24 | — | $691.5M | ||
| Q1 24 | — | $1.3B |
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 | $13.9M | $8.2M |
| 自由现金流经营现金流 - 资本支出 | $-20.7M | — |
| 自由现金流率自由现金流/营收 | -44.8% | — |
| 资本支出强度资本支出/营收 | 74.9% | — |
| 现金转化率经营现金流/净利润 | 3.38× | — |
| 过去12个月自由现金流最近4个季度 | $-58.6M | — |
8季度趋势，按日历期对齐
经营现金流NGSSTEM
| Q4 25 | $13.9M | $8.2M | ||
| Q3 25 | $16.8M | $11.4M | ||
| Q2 25 | $11.0M | $-21.3M | ||
| Q1 25 | $21.3M | $8.5M | ||
| Q4 24 | $9.4M | $-14.7M | ||
| Q3 24 | — | $-9.4M | ||
| Q2 24 | — | $-11.9M | ||
| Q1 24 | — | $-621.0K |
自由现金流NGSSTEM
| Q4 25 | $-20.7M | — | ||
| Q3 25 | $-25.1M | — | ||
| Q2 25 | $-14.8M | — | ||
| Q1 25 | $2.0M | — | ||
| Q4 24 | $-5.1M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率NGSSTEM
| Q4 25 | -44.8% | — | ||
| Q3 25 | -57.7% | — | ||
| Q2 25 | -35.8% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | -12.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度NGSSTEM
| Q4 25 | 74.9% | — | ||
| Q3 25 | 96.5% | — | ||
| Q2 25 | 62.4% | — | ||
| Q1 25 | 46.5% | — | ||
| Q4 24 | 35.8% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率NGSSTEM
| Q4 25 | 3.38× | — | ||
| Q3 25 | 2.90× | — | ||
| Q2 25 | 2.12× | -0.11× | ||
| Q1 25 | 4.38× | — | ||
| Q4 24 | 3.29× | — | ||
| 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
