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Ingevity Corp（NGVT）与印度钢铁管理局（SAIL）财务数据对比。点击上方公司名可切换其他公司
印度钢铁管理局的季度营收约是Ingevity Corp的1.5倍（$281.9M vs $185.4M），印度钢铁管理局净利率更高（-12.8% vs -45.6%，领先32.9%），Ingevity Corp同比增速更快（36.7% vs 6.7%），Ingevity Corp自由现金流更多（$73.5M vs $52.5M）
Ingevity Corp是一家全球特种化学品与先进材料生产商，主营高性能碳材料、路面养护解决方案及特种化工产品，服务汽车排放控制、工业净化、道路基建、农业投入品等核心市场，业务覆盖北美、欧洲及亚太地区。
印度钢铁管理局（SAIL）是总部位于新德里的印度公营钢铁制造企业，属印度最高级别的“马哈拉特纳”中央公共部门企业，是印度最大的国有钢铁生产商，年钢铁产量达1829万吨，1973年1月24日成立，现有员工5.1万余名，由印度钢铁部行政管理。
NGVT vs SAIL — 直观对比
营收规模更大
SAIL
是对方的1.5倍
$185.4M
营收增速更快
NGVT
高出30.1%
6.7%
净利率更高
SAIL
高出32.9%
-45.6%
自由现金流更多
NGVT
多$21.0M
$52.5M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $185.4M | $281.9M |
| 净利润 | $-84.6M | $-36.0M |
| 毛利率 | 41.2% | 66.3% |
| 营业利润率 | -47.7% | -14.8% |
| 净利率 | -45.6% | -12.8% |
| 营收同比 | 36.7% | 6.7% |
| 净利润同比 | -609.6% | -240.9% |
| 每股收益（稀释后） | $-2.33 | $-0.06 |
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NGVTSAIL
| Q4 25 | $185.4M | $281.9M | ||
| Q3 25 | $333.1M | $264.4M | ||
| Q2 25 | $365.1M | $230.5M | ||
| Q1 25 | $284.0M | $240.1M | ||
| Q4 24 | $135.6M | — | ||
| Q3 24 | $333.8M | $198.6M | ||
| Q2 24 | $390.6M | $187.7M | ||
| Q1 24 | $340.1M | — |
净利润NGVTSAIL
| Q4 25 | $-84.6M | $-36.0M | ||
| Q3 25 | $43.5M | $-10.6M | ||
| Q2 25 | $-146.5M | $-187.3M | ||
| Q1 25 | $20.5M | $-80.1M | ||
| Q4 24 | $16.6M | — | ||
| Q3 24 | $-107.2M | $-87.1M | ||
| Q2 24 | $-283.7M | $-89.2M | ||
| Q1 24 | $-56.0M | — |
毛利率NGVTSAIL
| Q4 25 | 41.2% | 66.3% | ||
| Q3 25 | 40.2% | 67.3% | ||
| Q2 25 | 37.8% | 55.4% | ||
| Q1 25 | 39.9% | 66.5% | ||
| Q4 24 | 81.3% | — | ||
| Q3 24 | 39.4% | 62.1% | ||
| Q2 24 | 31.5% | 61.5% | ||
| Q1 24 | 29.3% | — |
营业利润率NGVTSAIL
| Q4 25 | -47.7% | -14.8% | ||
| Q3 25 | 18.7% | -15.4% | ||
| Q2 25 | -39.1% | -80.3% | ||
| Q1 25 | 9.4% | -12.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | 33.0% | -33.2% | ||
| Q2 24 | 25.9% | -36.3% | ||
| Q1 24 | 22.6% | — |
净利率NGVTSAIL
| Q4 25 | -45.6% | -12.8% | ||
| Q3 25 | 13.1% | -4.0% | ||
| Q2 25 | -40.1% | -81.3% | ||
| Q1 25 | 7.2% | -33.4% | ||
| Q4 24 | 12.2% | — | ||
| Q3 24 | -32.1% | -43.9% | ||
| Q2 24 | -72.6% | -47.5% | ||
| Q1 24 | -16.5% | — |
每股收益（稀释后）NGVTSAIL
| Q4 25 | $-2.33 | $-0.06 | ||
| Q3 25 | $1.18 | $-0.02 | ||
| Q2 25 | $-4.02 | $-0.42 | ||
| Q1 25 | $0.56 | $-6.50 | ||
| Q4 24 | $0.44 | — | ||
| Q3 24 | $-2.94 | $-2.97 | ||
| Q2 24 | $-7.81 | $-0.77 | ||
| Q1 24 | $-1.54 | — |
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 | $78.1M | $298.1M |
| 总债务越低越好 | $1.2B | $0 |
| 股东权益账面价值 | $29.7M | $6.8B |
| 总资产 | $1.7B | $7.5B |
| 负债/权益比越低杠杆越低 | 39.10× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资NGVTSAIL
| Q4 25 | $78.1M | $298.1M | ||
| Q3 25 | $83.4M | $271.1M | ||
| Q2 25 | $76.9M | $228.1M | ||
| Q1 25 | $71.5M | $121.3M | ||
| Q4 24 | $68.0M | — | ||
| Q3 24 | $135.5M | $89.7M | ||
| Q2 24 | $107.4M | $146.8M | ||
| Q1 24 | $88.5M | — |
总债务NGVTSAIL
| Q4 25 | $1.2B | $0 | ||
| Q3 25 | $1.2B | $0 | ||
| Q2 25 | $1.2B | $0 | ||
| Q1 25 | $1.3B | $1.0B | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
股东权益NGVTSAIL
| Q4 25 | $29.7M | $6.8B | ||
| Q3 25 | $138.1M | $6.8B | ||
| Q2 25 | $120.7M | $6.8B | ||
| Q1 25 | $234.6M | $-5.6B | ||
| Q4 24 | $195.2M | — | ||
| Q3 24 | $214.5M | $-701.3M | ||
| Q2 24 | $284.8M | $-622.5M | ||
| Q1 24 | $568.2M | — |
总资产NGVTSAIL
| Q4 25 | $1.7B | $7.5B | ||
| Q3 25 | $1.8B | $7.4B | ||
| Q2 25 | $1.9B | $7.4B | ||
| Q1 25 | $2.1B | $7.4B | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.3B | — | ||
| Q1 24 | $2.6B | — |
负债/权益比NGVTSAIL
| Q4 25 | 39.10× | 0.00× | ||
| Q3 25 | 8.39× | 0.00× | ||
| Q2 25 | 10.24× | 0.00× | ||
| Q1 25 | 5.68× | — | ||
| Q4 24 | 6.86× | — | ||
| Q3 24 | 6.52× | — | ||
| Q2 24 | 4.92× | — | ||
| Q1 24 | 2.48× | — |
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 | $97.1M | $53.6M |
| 自由现金流经营现金流 - 资本支出 | $73.5M | $52.5M |
| 自由现金流率自由现金流/营收 | 39.6% | 18.6% |
| 资本支出强度资本支出/营收 | 12.7% | 0.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $273.5M | — |
8季度趋势，按日历期对齐
经营现金流NGVTSAIL
| Q4 25 | $97.1M | $53.6M | ||
| Q3 25 | $129.7M | $49.9M | ||
| Q2 25 | $79.0M | $-96.8M | ||
| Q1 25 | $25.4M | — | ||
| Q4 24 | $64.5M | — | ||
| Q3 24 | $46.5M | — | ||
| Q2 24 | $29.7M | $-55.4M | ||
| Q1 24 | $-12.1M | — |
自由现金流NGVTSAIL
| Q4 25 | $73.5M | $52.5M | ||
| Q3 25 | $117.8M | $49.0M | ||
| Q2 25 | $66.8M | $-99.0M | ||
| Q1 25 | $15.4M | — | ||
| Q4 24 | $39.6M | — | ||
| Q3 24 | $28.5M | — | ||
| Q2 24 | $11.6M | $-56.0M | ||
| Q1 24 | $-28.7M | — |
自由现金流率NGVTSAIL
| Q4 25 | 39.6% | 18.6% | ||
| Q3 25 | 35.4% | 18.5% | ||
| Q2 25 | 18.3% | -43.0% | ||
| Q1 25 | 5.4% | — | ||
| Q4 24 | 29.2% | — | ||
| Q3 24 | 8.5% | — | ||
| Q2 24 | 3.0% | -29.8% | ||
| Q1 24 | -8.4% | — |
资本支出强度NGVTSAIL
| Q4 25 | 12.7% | 0.4% | ||
| Q3 25 | 3.6% | 0.4% | ||
| Q2 25 | 3.3% | 1.0% | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | 18.4% | — | ||
| Q3 24 | 5.4% | — | ||
| Q2 24 | 4.6% | 0.3% | ||
| Q1 24 | 4.9% | — |
现金转化率NGVTSAIL
| Q4 25 | — | — | ||
| Q3 25 | 2.98× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 3.89× | — | ||
| 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
业务分部营收拆解
NGVT
| Performance Materials | $151.2M | 82% |
| Advanced Polymer Technologies Segment | $36.5M | 20% |
SAIL
| Software As A Service Saa S | $156.0M | 55% |
| Term Subscriptions Services | $65.1M | 23% |
| Maintenance | $38.0M | 13% |
| Other | $15.7M | 6% |
| Other Subscription Services | $7.1M | 3% |
