vs
NexPoint Real Estate Finance, Inc.（NREF）与Simulations Plus, Inc.（SLP）财务数据对比。点击上方公司名可切换其他公司
Simulations Plus, Inc.的季度营收约是NexPoint Real Estate Finance, Inc.的1.7倍（$18.4M vs $11.1M），NexPoint Real Estate Finance, Inc.净利率更高（216.6% vs 3.7%，领先213.0%），Simulations Plus, Inc.同比增速更快（-2.7% 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。
Simulations Plus公司为医药生物、化工、化妆品、食品原料及除草剂领域开发ADMET（吸收、分布、代谢、排泄和毒性）建模仿真软件，并于2014年9月收购了提供临床试验数据分析及咨询服务的Cognigen公司，助力相关行业研发工作开展。
NREF vs SLP — 直观对比
营收规模更大
SLP
是对方的1.7倍
$11.1M
营收增速更快
SLP
高出46.2%
-48.8%
净利率更高
NREF
高出213.0%
3.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $11.1M | $18.4M |
| 净利润 | $24.0M | $676.0K |
| 毛利率 | — | 59.1% |
| 营业利润率 | — | 3.9% |
| 净利率 | 216.6% | 3.7% |
| 营收同比 | -48.8% | -2.7% |
| 净利润同比 | 58.7% | 228.2% |
| 每股收益（稀释后） | $0.47 | $0.03 |
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NREFSLP
| Q4 25 | $11.1M | $18.4M | ||
| Q3 25 | $12.5M | $17.5M | ||
| Q2 25 | $12.1M | $20.4M | ||
| Q1 25 | $11.5M | $22.4M | ||
| Q4 24 | $21.7M | $18.9M | ||
| Q3 24 | $12.5M | $18.7M | ||
| Q2 24 | $6.7M | $18.5M | ||
| Q1 24 | $-12.8M | $18.3M |
净利润NREFSLP
| Q4 25 | $24.0M | $676.0K | ||
| Q3 25 | $50.9M | $-681.0K | ||
| Q2 25 | $22.3M | $-67.3M | ||
| Q1 25 | $26.0M | $3.1M | ||
| Q4 24 | $15.2M | $206.0K | ||
| Q3 24 | $23.3M | $843.0K | ||
| Q2 24 | $12.1M | $3.1M | ||
| Q1 24 | $-14.6M | $4.0M |
毛利率NREFSLP
| Q4 25 | — | 59.1% | ||
| Q3 25 | — | 56.4% | ||
| Q2 25 | — | 64.0% | ||
| Q1 25 | — | 58.5% | ||
| Q4 24 | — | 54.0% | ||
| Q3 24 | — | 36.6% | ||
| Q2 24 | — | 71.5% | ||
| Q1 24 | — | 72.2% |
营业利润率NREFSLP
| Q4 25 | — | 3.9% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | -364.5% | ||
| Q1 25 | — | 12.1% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | -6.2% | ||
| Q2 24 | — | 10.1% | ||
| Q1 24 | — | 24.3% |
净利率NREFSLP
| Q4 25 | 216.6% | 3.7% | ||
| Q3 25 | 407.0% | -3.9% | ||
| Q2 25 | 184.5% | -330.6% | ||
| Q1 25 | 225.6% | 13.7% | ||
| Q4 24 | 69.9% | 1.1% | ||
| Q3 24 | 186.4% | 4.5% | ||
| Q2 24 | 179.7% | 16.9% | ||
| Q1 24 | 114.3% | 22.0% |
每股收益（稀释后）NREFSLP
| Q4 25 | $0.47 | $0.03 | ||
| Q3 25 | $1.14 | $-0.03 | ||
| Q2 25 | $0.54 | $-3.35 | ||
| Q1 25 | $0.70 | $0.15 | ||
| Q4 24 | $0.71 | $0.01 | ||
| Q3 24 | $0.74 | $0.04 | ||
| Q2 24 | $0.40 | $0.15 | ||
| Q1 24 | $-0.83 | $0.20 |
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 | $35.7M |
| 总债务越低越好 | $771.2M | — |
| 股东权益账面价值 | $388.0M | $127.1M |
| 总资产 | $5.3B | $137.8M |
| 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NREFSLP
| Q4 25 | $31.1M | $35.7M | ||
| Q3 25 | $17.9M | $32.4M | ||
| Q2 25 | $9.1M | $28.4M | ||
| Q1 25 | $19.2M | $21.4M | ||
| Q4 24 | $3.9M | $18.2M | ||
| Q3 24 | $34.7M | $20.3M | ||
| Q2 24 | $4.3M | $119.0M | ||
| Q1 24 | $13.5M | $108.5M |
总债务NREFSLP
| 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NREFSLP
| Q4 25 | $388.0M | $127.1M | ||
| Q3 25 | $375.4M | $124.8M | ||
| Q2 25 | $348.2M | $123.8M | ||
| Q1 25 | $343.7M | $189.5M | ||
| Q4 24 | $336.5M | $184.7M | ||
| Q3 24 | $335.8M | $182.4M | ||
| Q2 24 | $327.5M | $180.9M | ||
| Q1 24 | $327.1M | $177.0M |
总资产NREFSLP
| Q4 25 | $5.3B | $137.8M | ||
| Q3 25 | $5.3B | $131.9M | ||
| Q2 25 | $5.4B | $134.4M | ||
| Q1 25 | $5.4B | $201.4M | ||
| Q4 24 | $5.4B | $196.9M | ||
| Q3 24 | $5.7B | $196.6M | ||
| Q2 24 | $6.6B | $192.7M | ||
| Q1 24 | $7.1B | $194.0M |
负债/权益比NREFSLP
| 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 | $4.2M |
| 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 | — | 0.0% |
| 现金转化率经营现金流/净利润 | -0.19× | 6.26× |
| 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NREFSLP
| Q4 25 | $-4.5M | $4.2M | ||
| Q3 25 | $8.1M | $5.6M | ||
| Q2 25 | $3.3M | $8.1M | ||
| Q1 25 | $16.0M | $5.7M | ||
| Q4 24 | $4.4M | $-1.3M | ||
| Q3 24 | $14.7M | $1.7M | ||
| Q2 24 | $-7.5M | $5.7M | ||
| Q1 24 | $17.7M | $5.8M |
自由现金流NREFSLP
| Q4 25 | — | — | ||
| Q3 25 | — | $5.3M | ||
| Q2 25 | — | $7.8M | ||
| Q1 25 | — | $5.6M | ||
| Q4 24 | — | $-1.4M | ||
| Q3 24 | — | $1.6M | ||
| Q2 24 | — | $5.6M | ||
| Q1 24 | — | $5.4M |
自由现金流率NREFSLP
| Q4 25 | — | — | ||
| Q3 25 | — | 30.5% | ||
| Q2 25 | — | 38.5% | ||
| Q1 25 | — | 25.0% | ||
| Q4 24 | — | -7.2% | ||
| Q3 24 | — | 8.8% | ||
| Q2 24 | — | 30.0% | ||
| Q1 24 | — | 29.4% |
资本支出强度NREFSLP
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 2.4% |
现金转化率NREFSLP
| Q4 25 | -0.19× | 6.26× | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.15× | — | ||
| Q1 25 | 0.62× | 1.84× | ||
| Q4 24 | 0.29× | -6.18× | ||
| Q3 24 | 0.63× | 1.97× | ||
| Q2 24 | -0.62× | 1.81× | ||
| Q1 24 | — | 1.44× |
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
SLP
| Services Segment | $9.5M | 52% |
| Development | $7.2M | 39% |
| Discovery | $1.3M | 7% |
