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NORTECH SYSTEMS INC（NSYS）与READING INTERNATIONAL INC（RDI）财务数据对比。点击上方公司名可切换其他公司
READING INTERNATIONAL INC的季度营收约是NORTECH SYSTEMS INC的1.7倍（$50.3M vs $30.3M），NORTECH SYSTEMS INC净利率更高（3.0% vs -5.1%，领先8.1%），NORTECH SYSTEMS INC同比增速更快（5.9% vs -14.2%），NORTECH SYSTEMS INC自由现金流更多（$5.5M vs $4.1M），过去两年READING INTERNATIONAL INC的营收复合增速更高（5.6% vs -5.9%）
Nortech Systems Inc是一家全球电子制造服务提供商，为医疗科技、工业自动化、航空航天国防、交通运输等领域客户提供产品设计、原型制作、规模生产、供应链管理等全链路解决方案，主打符合行业规范的高可靠性电子组件与装配产品。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
NSYS vs RDI — 直观对比
营收规模更大
RDI
是对方的1.7倍
$30.3M
营收增速更快
NSYS
高出20.1%
-14.2%
净利率更高
NSYS
高出8.1%
-5.1%
自由现金流更多
NSYS
多$1.3M
$4.1M
两年增速更快
RDI
近两年复合增速
-5.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $30.3M | $50.3M |
| 净利润 | $897.0K | $-2.6M |
| 毛利率 | 16.7% | — |
| 营业利润率 | 3.0% | -1.9% |
| 净利率 | 3.0% | -5.1% |
| 营收同比 | 5.9% | -14.2% |
| 净利润同比 | 160.7% | -14.5% |
| 每股收益（稀释后） | $0.32 | $-0.11 |
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NSYSRDI
| Q4 25 | $30.3M | $50.3M | ||
| Q3 25 | $30.5M | $52.2M | ||
| Q2 25 | $30.7M | $60.4M | ||
| Q1 25 | $26.9M | $40.2M | ||
| Q4 24 | $28.6M | $58.6M | ||
| Q3 24 | $31.4M | $60.1M | ||
| Q2 24 | $33.9M | $46.8M | ||
| Q1 24 | $34.2M | $45.1M |
净利润NSYSRDI
| Q4 25 | $897.0K | $-2.6M | ||
| Q3 25 | $-146.0K | $-4.2M | ||
| Q2 25 | $313.0K | $-2.7M | ||
| Q1 25 | $-1.3M | $-4.8M | ||
| Q4 24 | $-1.5M | $-2.2M | ||
| Q3 24 | $-739.0K | $-7.0M | ||
| Q2 24 | $157.0K | $-12.8M | ||
| Q1 24 | $765.0K | $-13.2M |
毛利率NSYSRDI
| Q4 25 | 16.7% | — | ||
| Q3 25 | 16.5% | — | ||
| Q2 25 | 15.8% | — | ||
| Q1 25 | 11.4% | — | ||
| Q4 24 | 9.9% | — | ||
| Q3 24 | 12.2% | — | ||
| Q2 24 | 13.6% | — | ||
| Q1 24 | 15.9% | — |
营业利润率NSYSRDI
| Q4 25 | 3.0% | -1.9% | ||
| Q3 25 | 3.1% | -0.6% | ||
| Q2 25 | 2.4% | 4.8% | ||
| Q1 25 | -6.0% | -17.2% | ||
| Q4 24 | -4.3% | 2.6% | ||
| Q3 24 | -1.5% | -0.6% | ||
| Q2 24 | 1.0% | -16.4% | ||
| Q1 24 | 3.4% | -16.7% |
净利率NSYSRDI
| Q4 25 | 3.0% | -5.1% | ||
| Q3 25 | -0.5% | -8.0% | ||
| Q2 25 | 1.0% | -4.4% | ||
| Q1 25 | -4.9% | -11.8% | ||
| Q4 24 | -5.2% | -3.8% | ||
| Q3 24 | -2.4% | -11.7% | ||
| Q2 24 | 0.5% | -27.4% | ||
| Q1 24 | 2.2% | -29.4% |
每股收益（稀释后）NSYSRDI
| Q4 25 | $0.32 | $-0.11 | ||
| Q3 25 | $-0.05 | $-0.18 | ||
| Q2 25 | $0.12 | $-0.12 | ||
| Q1 25 | $-0.48 | $-0.21 | ||
| Q4 24 | $-0.51 | $-0.11 | ||
| Q3 24 | $-0.27 | $-0.31 | ||
| Q2 24 | $0.05 | $-0.57 | ||
| Q1 24 | $0.26 | $-0.59 |
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 | $1.7M | $10.5M |
| 总债务越低越好 | — | $185.1M |
| 股东权益账面价值 | $34.5M | $-18.2M |
| 总资产 | $71.9M | $434.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NSYSRDI
| Q4 25 | $1.7M | $10.5M | ||
| Q3 25 | $1.3M | $8.1M | ||
| Q2 25 | $652.0K | $9.1M | ||
| Q1 25 | $1.2M | $5.9M | ||
| Q4 24 | $916.0K | $12.4M | ||
| Q3 24 | $1.2M | $10.1M | ||
| Q2 24 | $1.5M | $9.3M | ||
| Q1 24 | $4.0M | $7.5M |
总债务NSYSRDI
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益NSYSRDI
| Q4 25 | $34.5M | $-18.2M | ||
| Q3 25 | $33.4M | $-12.1M | ||
| Q2 25 | $33.4M | $-7.7M | ||
| Q1 25 | $32.8M | $-8.1M | ||
| Q4 24 | $34.0M | $-4.4M | ||
| Q3 24 | $35.7M | $1.6M | ||
| Q2 24 | $36.1M | $6.5M | ||
| Q1 24 | $36.0M | $18.0M |
总资产NSYSRDI
| Q4 25 | $71.9M | $434.9M | ||
| Q3 25 | $74.8M | $435.2M | ||
| Q2 25 | $74.8M | $438.1M | ||
| Q1 25 | $73.5M | $441.0M | ||
| Q4 24 | $72.4M | $471.0M | ||
| Q3 24 | $77.0M | $495.7M | ||
| Q2 24 | $76.3M | $494.9M | ||
| Q1 24 | $75.5M | $494.9M |
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 | $5.6M | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $5.5M | $4.1M |
| 自由现金流率自由现金流/营收 | 18.0% | 8.2% |
| 资本支出强度资本支出/营收 | 0.5% | 0.3% |
| 现金转化率经营现金流/净利润 | 6.25× | — |
| 过去12个月自由现金流最近4个季度 | $2.1M | $-2.9M |
8季度趋势，按日历期对齐
经营现金流NSYSRDI
| Q4 25 | $5.6M | $4.3M | ||
| Q3 25 | $-92.0K | $295.0K | ||
| Q2 25 | $157.0K | $1.6M | ||
| Q1 25 | $-2.9M | $-7.7M | ||
| Q4 24 | $793.0K | $8.0M | ||
| Q3 24 | $-1.6M | $1.3M | ||
| Q2 24 | $-4.3M | $-10.4M | ||
| Q1 24 | $2.8M | $-2.8M |
自由现金流NSYSRDI
| Q4 25 | $5.5M | $4.1M | ||
| Q3 25 | $-242.0K | $-246.0K | ||
| Q2 25 | $58.0K | $1.2M | ||
| Q1 25 | $-3.2M | $-8.0M | ||
| Q4 24 | $503.0K | $7.0M | ||
| Q3 24 | $-1.6M | $-1.1M | ||
| Q2 24 | $-4.6M | $-10.6M | ||
| Q1 24 | $2.1M | $-4.7M |
自由现金流率NSYSRDI
| Q4 25 | 18.0% | 8.2% | ||
| Q3 25 | -0.8% | -0.5% | ||
| Q2 25 | 0.2% | 1.9% | ||
| Q1 25 | -11.9% | -19.8% | ||
| Q4 24 | 1.8% | 12.0% | ||
| Q3 24 | -5.2% | -1.8% | ||
| Q2 24 | -13.5% | -22.7% | ||
| Q1 24 | 6.1% | -10.4% |
资本支出强度NSYSRDI
| Q4 25 | 0.5% | 0.3% | ||
| Q3 25 | 0.5% | 1.0% | ||
| Q2 25 | 0.3% | 0.6% | ||
| Q1 25 | 1.0% | 0.6% | ||
| Q4 24 | 1.0% | 1.7% | ||
| Q3 24 | 0.1% | 4.0% | ||
| Q2 24 | 0.8% | 0.5% | ||
| Q1 24 | 2.2% | 4.3% |
现金转化率NSYSRDI
| Q4 25 | 6.25× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -27.30× | — | ||
| Q1 24 | 3.70× | — |
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
NSYS
| Medical Imaging | $11.4M | 37% |
| Medical Device | $8.0M | 26% |
| Industrial | $7.3M | 24% |
| Aerospace And Defense | $3.7M | 12% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
