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NexPoint Real Estate Finance, Inc.（NREF）与SOLESENCE, INC.（SLSN）财务数据对比。点击上方公司名可切换其他公司
SOLESENCE, INC.的季度营收约是NexPoint Real Estate Finance, Inc.的1.1倍（$12.5M vs $11.1M），NexPoint Real Estate Finance, Inc.净利率更高（216.6% vs 1.3%，领先215.3%），SOLESENCE, INC.同比增速更快（-0.7% 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。
NREF vs SLSN — 直观对比
营收规模更大
SLSN
是对方的1.1倍
$11.1M
营收增速更快
SLSN
高出48.2%
-48.8%
净利率更高
NREF
高出215.3%
1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $11.1M | $12.5M |
| 净利润 | $24.0M | $163.0K |
| 毛利率 | — | 27.5% |
| 营业利润率 | — | 1.5% |
| 净利率 | 216.6% | 1.3% |
| 营收同比 | -48.8% | -0.7% |
| 净利润同比 | 58.7% | 129.2% |
| 每股收益（稀释后） | $0.47 | $0.00 |
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NREFSLSN
| Q4 25 | $11.1M | $12.5M | ||
| Q3 25 | $12.5M | $14.6M | ||
| Q2 25 | $12.1M | $20.4M | ||
| Q1 25 | $11.5M | $14.6M | ||
| Q4 24 | $21.7M | $12.6M | ||
| Q3 24 | $12.5M | $16.9M | ||
| Q2 24 | $6.7M | $13.0M | ||
| Q1 24 | $-12.8M | $9.9M |
净利润NREFSLSN
| Q4 25 | $24.0M | $163.0K | ||
| Q3 25 | $50.9M | $-1.1M | ||
| Q2 25 | $22.3M | $2.7M | ||
| Q1 25 | $26.0M | $80.0K | ||
| Q4 24 | $15.2M | $-559.0K | ||
| Q3 24 | $23.3M | $3.0M | ||
| Q2 24 | $12.1M | $856.0K | ||
| Q1 24 | $-14.6M | $893.0K |
毛利率NREFSLSN
| Q4 25 | — | 27.5% | ||
| Q3 25 | — | 23.1% | ||
| Q2 25 | — | 28.9% | ||
| Q1 25 | — | 23.1% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 36.2% | ||
| Q2 24 | — | 28.7% | ||
| Q1 24 | — | 36.3% |
营业利润率NREFSLSN
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | -5.4% | ||
| Q2 25 | — | 9.4% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | -1.8% | ||
| Q3 24 | — | 19.0% | ||
| Q2 24 | — | 8.0% | ||
| Q1 24 | — | 11.3% |
净利率NREFSLSN
| Q4 25 | 216.6% | 1.3% | ||
| Q3 25 | 407.0% | -7.7% | ||
| Q2 25 | 184.5% | 13.1% | ||
| Q1 25 | 225.6% | 0.5% | ||
| Q4 24 | 69.9% | -4.4% | ||
| Q3 24 | 186.4% | 18.1% | ||
| Q2 24 | 179.7% | 6.6% | ||
| Q1 24 | 114.3% | 9.0% |
每股收益（稀释后）NREFSLSN
| Q4 25 | $0.47 | $0.00 | ||
| Q3 25 | $1.14 | $-0.02 | ||
| Q2 25 | $0.54 | $0.04 | ||
| Q1 25 | $0.70 | $0.00 | ||
| Q4 24 | $0.71 | $0.00 | ||
| Q3 24 | $0.74 | $0.04 | ||
| Q2 24 | $0.40 | $0.01 | ||
| Q1 24 | $-0.83 | $0.02 |
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 | $1.3M |
| 总债务越低越好 | $771.2M | — |
| 股东权益账面价值 | $388.0M | $17.6M |
| 总资产 | $5.3B | $50.1M |
| 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NREFSLSN
| Q4 25 | $31.1M | $1.3M | ||
| Q3 25 | $17.9M | $429.0K | ||
| Q2 25 | $9.1M | $4.1M | ||
| Q1 25 | $19.2M | $1.8M | ||
| Q4 24 | $3.9M | $1.4M | ||
| Q3 24 | $34.7M | $2.9M | ||
| Q2 24 | $4.3M | $2.4M | ||
| Q1 24 | $13.5M | $2.0M |
总债务NREFSLSN
| 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NREFSLSN
| Q4 25 | $388.0M | $17.6M | ||
| Q3 25 | $375.4M | $17.2M | ||
| Q2 25 | $348.2M | $18.2M | ||
| Q1 25 | $343.7M | $15.2M | ||
| Q4 24 | $336.5M | $14.9M | ||
| Q3 24 | $335.8M | $15.2M | ||
| Q2 24 | $327.5M | $11.9M | ||
| Q1 24 | $327.1M | $5.0M |
总资产NREFSLSN
| Q4 25 | $5.3B | $50.1M | ||
| Q3 25 | $5.3B | $54.0M | ||
| Q2 25 | $5.4B | $60.0M | ||
| Q1 25 | $5.4B | $57.0M | ||
| Q4 24 | $5.4B | $50.0M | ||
| Q3 24 | $5.7B | $48.0M | ||
| Q2 24 | $6.6B | $40.8M | ||
| Q1 24 | $7.1B | $38.5M |
负债/权益比NREFSLSN
| 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 | $1.8M |
| 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 | — | — |
| 现金转化率经营现金流/净利润 | -0.19× | 11.16× |
| 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NREFSLSN
| Q4 25 | $-4.5M | $1.8M | ||
| Q3 25 | $8.1M | $-2.5M | ||
| Q2 25 | $3.3M | $-654.0K | ||
| Q1 25 | $16.0M | $-7.2M | ||
| Q4 24 | $4.4M | $2.2M | ||
| Q3 24 | $14.7M | $4.2M | ||
| Q2 24 | $-7.5M | $-565.0K | ||
| Q1 24 | $17.7M | $-3.9M |
自由现金流NREFSLSN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-404.0K | ||
| Q3 24 | — | $2.8M | ||
| Q2 24 | — | $-1.0M | ||
| Q1 24 | — | $-3.9M |
自由现金流率NREFSLSN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | — | 16.6% | ||
| Q2 24 | — | -8.0% | ||
| Q1 24 | — | -39.9% |
资本支出强度NREFSLSN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 20.6% | ||
| Q3 24 | — | 8.3% | ||
| Q2 24 | — | 3.7% | ||
| Q1 24 | — | 0.9% |
现金转化率NREFSLSN
| Q4 25 | -0.19× | 11.16× | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.15× | -0.25× | ||
| Q1 25 | 0.62× | -90.26× | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.63× | 1.38× | ||
| Q2 24 | -0.62× | -0.66× | ||
| Q1 24 | — | -4.32× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
