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NexPoint Real Estate Finance, Inc.（NREF）与Stabilis Solutions, Inc.（SLNG）财务数据对比。点击上方公司名可切换其他公司
Stabilis Solutions, Inc.的季度营收约是NexPoint Real Estate Finance, Inc.的1.2倍（$13.3M vs $11.1M），NexPoint Real Estate Finance, Inc.净利率更高（216.6% vs -2.0%，领先218.6%），Stabilis Solutions, Inc.同比增速更快（-23.3% vs -48.8%）
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。
Stabilis Solutions是北美领先的小型液化天然气（LNG）生产及分销企业，为美国、加拿大的工业、远程供电、交通运输及商业客户提供LNG燃料、低温服务和全周期能源解决方案，助力低排放能源转型推进。
NREF vs SLNG — 直观对比
营收规模更大
SLNG
是对方的1.2倍
$11.1M
营收增速更快
SLNG
高出25.6%
-48.8%
净利率更高
NREF
高出218.6%
-2.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $11.1M | $13.3M |
| 净利润 | $24.0M | $-262.0K |
| 毛利率 | — | 24.7% |
| 营业利润率 | — | -2.4% |
| 净利率 | 216.6% | -2.0% |
| 营收同比 | -48.8% | -23.3% |
| 净利润同比 | 58.7% | -112.4% |
| 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NREFSLNG
| Q4 25 | $11.1M | $13.3M | ||
| Q3 25 | $12.5M | $20.3M | ||
| Q2 25 | $12.1M | $17.3M | ||
| Q1 25 | $11.5M | $17.3M | ||
| Q4 24 | $21.7M | $17.3M | ||
| Q3 24 | $12.5M | $17.6M | ||
| Q2 24 | $6.7M | $18.6M | ||
| Q1 24 | $-12.8M | $19.8M |
净利润NREFSLNG
| Q4 25 | $24.0M | $-262.0K | ||
| Q3 25 | $50.9M | $1.1M | ||
| Q2 25 | $22.3M | $-613.0K | ||
| Q1 25 | $26.0M | $-1.6M | ||
| Q4 24 | $15.2M | $2.1M | ||
| Q3 24 | $23.3M | $997.0K | ||
| Q2 24 | $12.1M | $27.0K | ||
| Q1 24 | $-14.6M | $1.5M |
毛利率NREFSLNG
| Q4 25 | — | 24.7% | ||
| Q3 25 | — | 27.6% | ||
| Q2 25 | — | 26.5% | ||
| Q1 25 | — | 26.2% | ||
| Q4 24 | — | 28.5% | ||
| Q3 24 | — | 28.3% | ||
| Q2 24 | — | 27.1% | ||
| Q1 24 | — | 31.6% |
营业利润率NREFSLNG
| Q4 25 | — | -2.4% | ||
| Q3 25 | — | 5.5% | ||
| Q2 25 | — | -2.4% | ||
| Q1 25 | — | -9.7% | ||
| Q4 24 | — | 12.8% | ||
| Q3 24 | — | 5.0% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 7.8% |
净利率NREFSLNG
| Q4 25 | 216.6% | -2.0% | ||
| Q3 25 | 407.0% | 5.5% | ||
| Q2 25 | 184.5% | -3.5% | ||
| Q1 25 | 225.6% | -9.2% | ||
| Q4 24 | 69.9% | 12.2% | ||
| Q3 24 | 186.4% | 5.7% | ||
| Q2 24 | 179.7% | 0.1% | ||
| Q1 24 | 114.3% | 7.4% |
每股收益（稀释后）NREFSLNG
| Q4 25 | $0.47 | — | ||
| Q3 25 | $1.14 | $0.06 | ||
| Q2 25 | $0.54 | $-0.03 | ||
| Q1 25 | $0.70 | $-0.09 | ||
| Q4 24 | $0.71 | $0.12 | ||
| Q3 24 | $0.74 | $0.05 | ||
| Q2 24 | $0.40 | $0.00 | ||
| Q1 24 | $-0.83 | $0.08 |
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 | $7.5M |
| 总债务越低越好 | $771.2M | $7.9M |
| 股东权益账面价值 | $388.0M | $66.7M |
| 总资产 | $5.3B | $83.1M |
| 负债/权益比越低杠杆越低 | 1.99× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资NREFSLNG
| Q4 25 | $31.1M | $7.5M | ||
| Q3 25 | $17.9M | $10.3M | ||
| Q2 25 | $9.1M | $12.2M | ||
| Q1 25 | $19.2M | $9.0M | ||
| Q4 24 | $3.9M | $9.0M | ||
| Q3 24 | $34.7M | $12.4M | ||
| Q2 24 | $4.3M | $11.5M | ||
| Q1 24 | $13.5M | $8.3M |
总债务NREFSLNG
| Q4 25 | $771.2M | $7.9M | ||
| Q3 25 | $720.9M | $8.3M | ||
| Q2 25 | $815.6M | $7.6M | ||
| Q1 25 | $831.5M | $8.3M | ||
| Q4 24 | $799.3M | $8.9M | ||
| Q3 24 | $815.5M | $9.3M | ||
| Q2 24 | $861.0M | $8.6M | ||
| Q1 24 | $843.3M | $9.1M |
股东权益NREFSLNG
| Q4 25 | $388.0M | $66.7M | ||
| Q3 25 | $375.4M | $66.7M | ||
| Q2 25 | $348.2M | $65.5M | ||
| Q1 25 | $343.7M | $65.9M | ||
| Q4 24 | $336.5M | $67.0M | ||
| Q3 24 | $335.8M | $65.4M | ||
| Q2 24 | $327.5M | $63.7M | ||
| Q1 24 | $327.1M | $63.2M |
总资产NREFSLNG
| Q4 25 | $5.3B | $83.1M | ||
| Q3 25 | $5.3B | $87.1M | ||
| Q2 25 | $5.4B | $83.2M | ||
| Q1 25 | $5.4B | $83.1M | ||
| Q4 24 | $5.4B | $85.6M | ||
| Q3 24 | $5.7B | $89.3M | ||
| Q2 24 | $6.6B | $82.6M | ||
| Q1 24 | $7.1B | $80.6M |
负债/权益比NREFSLNG
| Q4 25 | 1.99× | 0.12× | ||
| Q3 25 | 1.92× | 0.12× | ||
| Q2 25 | 2.34× | 0.12× | ||
| Q1 25 | 2.42× | 0.13× | ||
| Q4 24 | 2.38× | 0.13× | ||
| Q3 24 | 2.43× | 0.14× | ||
| Q2 24 | 2.63× | 0.13× | ||
| Q1 24 | 2.58× | 0.14× |
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 | $669.0K |
| 自由现金流经营现金流 - 资本支出 | — | $-2.5M |
| 自由现金流率自由现金流/营收 | — | -18.6% |
| 资本支出强度资本支出/营收 | — | 23.7% |
| 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 | — | $462.0K |
8季度趋势，按日历期对齐
经营现金流NREFSLNG
| Q4 25 | $-4.5M | $669.0K | ||
| Q3 25 | $8.1M | $2.4M | ||
| Q2 25 | $3.3M | $4.5M | ||
| Q1 25 | $16.0M | $1.0M | ||
| Q4 24 | $4.4M | $2.2M | ||
| Q3 24 | $14.7M | $2.6M | ||
| Q2 24 | $-7.5M | $5.0M | ||
| Q1 24 | $17.7M | $3.9M |
自由现金流NREFSLNG
| Q4 25 | — | $-2.5M | ||
| Q3 25 | — | $-1.5M | ||
| Q2 25 | — | $3.9M | ||
| Q1 25 | — | $538.0K | ||
| Q4 24 | — | $-3.4M | ||
| Q3 24 | — | $1.2M | ||
| Q2 24 | — | $3.7M | ||
| Q1 24 | — | $3.1M |
自由现金流率NREFSLNG
| Q4 25 | — | -18.6% | ||
| Q3 25 | — | -7.3% | ||
| Q2 25 | — | 22.4% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | -19.7% | ||
| Q3 24 | — | 7.1% | ||
| Q2 24 | — | 19.7% | ||
| Q1 24 | — | 15.5% |
资本支出强度NREFSLNG
| Q4 25 | — | 23.7% | ||
| Q3 25 | — | 19.1% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 32.3% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | — | 7.4% | ||
| Q1 24 | — | 4.4% |
现金转化率NREFSLNG
| Q4 25 | -0.19× | — | ||
| Q3 25 | 0.16× | 2.14× | ||
| Q2 25 | 0.15× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.29× | 1.03× | ||
| Q3 24 | 0.63× | 2.56× | ||
| Q2 24 | -0.62× | 186.59× | ||
| Q1 24 | — | 2.67× |
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
NREF
暂无分部数据
SLNG
| Natural Gas Gathering Transportation Marketing And Processing | $11.1M | 84% |
| Other | $1.3M | 10% |
| Services | $897.0K | 7% |
