vs
NexPoint Real Estate Finance, Inc.（NREF）与Relay Therapeutics, Inc.（RLAY）财务数据对比。点击上方公司名可切换其他公司
NexPoint Real Estate Finance, Inc.的季度营收约是Relay Therapeutics, Inc.的1.6倍（$11.1M vs $7.0M）
NexPoint Real Estate Finance, Inc.是一家总部位于美国的商业地产金融企业，主要为多户住宅、写字楼、工业及酒店物业提供结构化融资方案，运营并管理抵押贷款及其他地产相关投资组合，为利益相关方提供经风险调整的稳定回报。
Relay Therapeutics是一家处于临床阶段的生物技术企业，专注于精准肿瘤疗法研发，依托蛋白质动力学计算建模及前沿实验生物学技术，开发针对难治性癌症的靶向药物，服务全球肿瘤患者与临床治疗市场。
NREF vs RLAY — 直观对比
营收规模更大
NREF
是对方的1.6倍
$7.0M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $11.1M | $7.0M |
| 净利润 | $24.0M | — |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 216.6% | — |
| 营收同比 | -48.8% | — |
| 净利润同比 | 58.7% | — |
| 每股收益（稀释后） | $0.47 | — |
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NREFRLAY
| Q4 25 | $11.1M | $7.0M | ||
| Q3 25 | $12.5M | $0 | ||
| Q2 25 | $12.1M | — | ||
| Q1 25 | $11.5M | $7.7M | ||
| Q4 24 | $21.7M | $0 | ||
| Q3 24 | $12.5M | $0 | ||
| Q2 24 | $6.7M | $0 | ||
| Q1 24 | $-12.8M | $10.0M |
净利润NREFRLAY
| Q4 25 | $24.0M | — | ||
| Q3 25 | $50.9M | $-74.1M | ||
| Q2 25 | $22.3M | — | ||
| Q1 25 | $26.0M | $-77.1M | ||
| Q4 24 | $15.2M | — | ||
| Q3 24 | $23.3M | $-88.1M | ||
| Q2 24 | $12.1M | $-92.2M | ||
| Q1 24 | $-14.6M | $-81.4M |
营业利润率NREFRLAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -1105.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -903.0% |
净利率NREFRLAY
| Q4 25 | 216.6% | — | ||
| Q3 25 | 407.0% | — | ||
| Q2 25 | 184.5% | — | ||
| Q1 25 | 225.6% | -1003.6% | ||
| Q4 24 | 69.9% | — | ||
| Q3 24 | 186.4% | — | ||
| Q2 24 | 179.7% | — | ||
| Q1 24 | 114.3% | -813.3% |
每股收益（稀释后）NREFRLAY
| Q4 25 | $0.47 | — | ||
| Q3 25 | $1.14 | $-0.43 | ||
| Q2 25 | $0.54 | — | ||
| Q1 25 | $0.70 | $-0.46 | ||
| Q4 24 | $0.71 | — | ||
| Q3 24 | $0.74 | $-0.63 | ||
| Q2 24 | $0.40 | $-0.69 | ||
| Q1 24 | $-0.83 | $-0.62 |
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 | $31.1M | $84.0M |
| 总债务越低越好 | $771.2M | — |
| 股东权益账面价值 | $388.0M | $567.1M |
| 总资产 | $5.3B | $621.3M |
| 负债/权益比越低杠杆越低 | 1.99× | — |
8季度趋势，按日历期对齐
现金及短期投资NREFRLAY
| Q4 25 | $31.1M | $84.0M | ||
| Q3 25 | $17.9M | $91.6M | ||
| Q2 25 | $9.1M | — | ||
| Q1 25 | $19.2M | $93.5M | ||
| Q4 24 | $3.9M | $124.3M | ||
| Q3 24 | $34.7M | $152.4M | ||
| Q2 24 | $4.3M | $134.1M | ||
| Q1 24 | $13.5M | $152.9M |
总债务NREFRLAY
| Q4 25 | $771.2M | — | ||
| Q3 25 | $720.9M | — | ||
| Q2 25 | $815.6M | — | ||
| Q1 25 | $831.5M | — | ||
| Q4 24 | $799.3M | — | ||
| Q3 24 | $815.5M | — | ||
| Q2 24 | $861.0M | — | ||
| Q1 24 | $843.3M | — |
股东权益NREFRLAY
| Q4 25 | $388.0M | $567.1M | ||
| Q3 25 | $375.4M | $607.7M | ||
| Q2 25 | $348.2M | — | ||
| Q1 25 | $343.7M | $721.1M | ||
| Q4 24 | $336.5M | $777.8M | ||
| Q3 24 | $335.8M | $838.9M | ||
| Q2 24 | $327.5M | $681.7M | ||
| Q1 24 | $327.1M | $745.8M |
总资产NREFRLAY
| Q4 25 | $5.3B | $621.3M | ||
| Q3 25 | $5.3B | $670.0M | ||
| Q2 25 | $5.4B | — | ||
| Q1 25 | $5.4B | $799.4M | ||
| Q4 24 | $5.4B | $871.3M | ||
| Q3 24 | $5.7B | $930.1M | ||
| Q2 24 | $6.6B | $772.5M | ||
| Q1 24 | $7.1B | $841.4M |
负债/权益比NREFRLAY
| Q4 25 | 1.99× | — | ||
| Q3 25 | 1.92× | — | ||
| Q2 25 | 2.34× | — | ||
| Q1 25 | 2.42× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 2.43× | — | ||
| Q2 24 | 2.63× | — | ||
| Q1 24 | 2.58× | — |
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 | $-4.5M | $-235.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-235.9M |
| 自由现金流率自由现金流/营收 | — | -3370.0% |
| 资本支出强度资本支出/营收 | — | 5.9% |
| 现金转化率经营现金流/净利润 | -0.19× | — |
| 过去12个月自由现金流最近4个季度 | — | $-622.7M |
8季度趋势，按日历期对齐
经营现金流NREFRLAY
| Q4 25 | $-4.5M | $-235.5M | ||
| Q3 25 | $8.1M | $-62.1M | ||
| Q2 25 | $3.3M | — | ||
| Q1 25 | $16.0M | $-73.2M | ||
| Q4 24 | $4.4M | $-249.1M | ||
| Q3 24 | $14.7M | $-75.1M | ||
| Q2 24 | $-7.5M | $-65.8M | ||
| Q1 24 | $17.7M | $-50.3M |
自由现金流NREFRLAY
| Q4 25 | — | $-235.9M | ||
| Q3 25 | — | $-62.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-73.6M | ||
| Q4 24 | — | $-251.1M | ||
| Q3 24 | — | $-75.3M | ||
| Q2 24 | — | $-65.8M | ||
| Q1 24 | — | $-52.1M |
自由现金流率NREFRLAY
| Q4 25 | — | -3370.0% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -958.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -520.7% |
资本支出强度NREFRLAY
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 5.0% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 17.8% |
现金转化率NREFRLAY
| Q4 25 | -0.19× | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.15× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | -0.62× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
