vs
NexPoint Real Estate Finance, Inc.（NREF）与SuperCom Ltd（SPCB）财务数据对比。点击上方公司名可切换其他公司
SuperCom Ltd的季度营收约是NexPoint Real Estate Finance, Inc.的1.3倍（$14.2M vs $11.1M），NexPoint Real Estate Finance, Inc.净利率更高（216.6% vs 37.5%，领先179.1%），SuperCom Ltd同比增速更快（-1.5% 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。
Super.com是一家总部位于美国旧金山的科技公司，由侯赛因·法扎勒和施亨利联合创立。该公司主营金融服务业务，具体涵盖会员奖励计划以及旅行预订等相关服务，在出行与消费金融领域深耕发展。
NREF vs SPCB — 直观对比
营收规模更大
SPCB
是对方的1.3倍
$11.1M
营收增速更快
SPCB
高出47.4%
-48.8%
净利率更高
NREF
高出179.1%
37.5%
损益表 — Q4 FY2025 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $11.1M | $14.2M |
| 净利润 | $24.0M | $5.3M |
| 毛利率 | — | 61.2% |
| 营业利润率 | — | 16.3% |
| 净利率 | 216.6% | 37.5% |
| 营收同比 | -48.8% | -1.5% |
| 净利润同比 | 58.7% | 79.5% |
| 每股收益（稀释后） | $0.47 | $1.32 |
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NREFSPCB
| Q4 25 | $11.1M | — | ||
| Q3 25 | $12.5M | — | ||
| Q2 25 | $12.1M | $14.2M | ||
| Q1 25 | $11.5M | — | ||
| Q4 24 | $21.7M | — | ||
| Q3 24 | $12.5M | — | ||
| Q2 24 | $6.7M | $14.4M | ||
| Q1 24 | $-12.8M | — |
净利润NREFSPCB
| Q4 25 | $24.0M | — | ||
| Q3 25 | $50.9M | — | ||
| Q2 25 | $22.3M | $5.3M | ||
| Q1 25 | $26.0M | — | ||
| Q4 24 | $15.2M | — | ||
| Q3 24 | $23.3M | — | ||
| Q2 24 | $12.1M | $3.0M | ||
| Q1 24 | $-14.6M | — |
毛利率NREFSPCB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 61.2% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 52.3% | ||
| Q1 24 | — | — |
营业利润率NREFSPCB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 16.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | — |
净利率NREFSPCB
| Q4 25 | 216.6% | — | ||
| Q3 25 | 407.0% | — | ||
| Q2 25 | 184.5% | 37.5% | ||
| Q1 25 | 225.6% | — | ||
| Q4 24 | 69.9% | — | ||
| Q3 24 | 186.4% | — | ||
| Q2 24 | 179.7% | 20.6% | ||
| Q1 24 | 114.3% | — |
每股收益（稀释后）NREFSPCB
| Q4 25 | $0.47 | — | ||
| Q3 25 | $1.14 | — | ||
| Q2 25 | $0.54 | $1.32 | ||
| Q1 25 | $0.70 | — | ||
| Q4 24 | $0.71 | — | ||
| Q3 24 | $0.74 | — | ||
| Q2 24 | $0.40 | $1.19 | ||
| Q1 24 | $-0.83 | — |
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 | $15.0M |
| 总债务越低越好 | $771.2M | $23.6M |
| 股东权益账面价值 | $388.0M | $37.3M |
| 总资产 | $5.3B | $65.5M |
| 负债/权益比越低杠杆越低 | 1.99× | 0.63× |
8季度趋势，按日历期对齐
现金及短期投资NREFSPCB
| Q4 25 | $31.1M | — | ||
| Q3 25 | $17.9M | — | ||
| Q2 25 | $9.1M | $15.0M | ||
| Q1 25 | $19.2M | — | ||
| Q4 24 | $3.9M | — | ||
| Q3 24 | $34.7M | — | ||
| Q2 24 | $4.3M | $5.7M | ||
| Q1 24 | $13.5M | — |
总债务NREFSPCB
| Q4 25 | $771.2M | — | ||
| Q3 25 | $720.9M | — | ||
| Q2 25 | $815.6M | $23.6M | ||
| Q1 25 | $831.5M | — | ||
| Q4 24 | $799.3M | — | ||
| Q3 24 | $815.5M | — | ||
| Q2 24 | $861.0M | $29.2M | ||
| Q1 24 | $843.3M | — |
股东权益NREFSPCB
| Q4 25 | $388.0M | — | ||
| Q3 25 | $375.4M | — | ||
| Q2 25 | $348.2M | $37.3M | ||
| Q1 25 | $343.7M | — | ||
| Q4 24 | $336.5M | — | ||
| Q3 24 | $335.8M | — | ||
| Q2 24 | $327.5M | $13.8M | ||
| Q1 24 | $327.1M | — |
总资产NREFSPCB
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.3B | — | ||
| Q2 25 | $5.4B | $65.5M | ||
| Q1 25 | $5.4B | — | ||
| Q4 24 | $5.4B | — | ||
| Q3 24 | $5.7B | — | ||
| Q2 24 | $6.6B | $49.6M | ||
| Q1 24 | $7.1B | — |
负债/权益比NREFSPCB
| Q4 25 | 1.99× | — | ||
| Q3 25 | 1.92× | — | ||
| Q2 25 | 2.34× | 0.63× | ||
| Q1 25 | 2.42× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 2.43× | — | ||
| Q2 24 | 2.63× | 2.11× | ||
| 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 | $-2.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-3.6M |
| 自由现金流率自由现金流/营收 | — | -25.3% |
| 资本支出强度资本支出/营收 | — | 10.0% |
| 现金转化率经营现金流/净利润 | -0.19× | -0.41× |
| 过去12个月自由现金流最近4个季度 | — | $-14.0M |
8季度趋势，按日历期对齐
经营现金流NREFSPCB
| Q4 25 | $-4.5M | — | ||
| Q3 25 | $8.1M | — | ||
| Q2 25 | $3.3M | $-2.2M | ||
| Q1 25 | $16.0M | — | ||
| Q4 24 | $4.4M | — | ||
| Q3 24 | $14.7M | — | ||
| Q2 24 | $-7.5M | $-950.0K | ||
| Q1 24 | $17.7M | — |
自由现金流NREFSPCB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-3.6M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-1.6M | ||
| Q1 24 | — | — |
自由现金流率NREFSPCB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -25.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -10.8% | ||
| Q1 24 | — | — |
资本支出强度NREFSPCB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 10.0% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 4.2% | ||
| Q1 24 | — | — |
现金转化率NREFSPCB
| Q4 25 | -0.19× | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.15× | -0.41× | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | -0.62× | -0.32× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
