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如新（NUS）与ROYAL GOLD INC（RGLD）财务数据对比。点击上方公司名可切换其他公司
ROYAL GOLD INC的季度营收约是如新的1.0倍（$375.3M vs $370.3M），ROYAL GOLD INC净利率更高（24.9% vs 3.9%，领先21.0%），ROYAL GOLD INC同比增速更快（85.3% vs -16.9%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs -5.8%）
如新企业集团是一家美国多层次直销企业，主打研发并销售个人护理产品与营养膳食补充产品，旗下拥有Nu Skin及Pharmanex两大品牌，目前已在全球54个市场开展业务，依托约120万独立销售代表的销售网络覆盖全球市场。
Royal Gold Inc.是全球领先的贵金属流权与特许权经营企业，收购并管理多元化的矿业项目流权、净熔炼收益特许权及相关权益，资产覆盖黄金、白银、铜等品类，业务遍及多地区，无需直接承担采矿运营风险。
NUS vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.0倍
$370.3M
营收增速更快
RGLD
高出102.2%
-16.9%
净利率更高
RGLD
高出21.0%
3.9%
两年增速更快
RGLD
近两年复合增速
-5.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $370.3M | $375.3M |
| 净利润 | $14.5M | $93.6M |
| 毛利率 | 70.7% | 64.6% |
| 营业利润率 | 6.3% | 56.2% |
| 净利率 | 3.9% | 24.9% |
| 营收同比 | -16.9% | 85.3% |
| 净利润同比 | 140.1% | -12.8% |
| 每股收益（稀释后） | $0.27 | $1.04 |
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NUSRGLD
| Q4 25 | $370.3M | $375.3M | ||
| Q3 25 | $364.2M | $252.1M | ||
| Q2 25 | $386.1M | $209.6M | ||
| Q1 25 | $364.5M | $193.4M | ||
| Q4 24 | $445.6M | $202.6M | ||
| Q3 24 | $430.1M | $193.8M | ||
| Q2 24 | $439.1M | $174.1M | ||
| Q1 24 | $417.3M | $148.9M |
净利润NUSRGLD
| Q4 25 | $14.5M | $93.6M | ||
| Q3 25 | $17.1M | $126.8M | ||
| Q2 25 | $21.1M | $132.3M | ||
| Q1 25 | $107.5M | $113.5M | ||
| Q4 24 | $-36.1M | $107.4M | ||
| Q3 24 | $8.3M | $96.2M | ||
| Q2 24 | $-118.3M | $81.2M | ||
| Q1 24 | $-533.0K | $47.2M |
毛利率NUSRGLD
| Q4 25 | 70.7% | 64.6% | ||
| Q3 25 | 70.5% | 73.6% | ||
| Q2 25 | 68.8% | 72.6% | ||
| Q1 25 | 67.8% | 69.4% | ||
| Q4 24 | 62.7% | 70.3% | ||
| Q3 24 | 70.1% | 66.6% | ||
| Q2 24 | 70.0% | 64.7% | ||
| Q1 24 | 70.5% | 58.4% |
营业利润率NUSRGLD
| Q4 25 | 6.3% | 56.2% | ||
| Q3 25 | 5.9% | 64.4% | ||
| Q2 25 | 8.0% | 67.7% | ||
| Q1 25 | -2.7% | 63.6% | ||
| Q4 24 | -11.9% | 65.9% | ||
| Q3 24 | 4.2% | 61.3% | ||
| Q2 24 | -28.6% | 58.6% | ||
| Q1 24 | 2.1% | 50.7% |
净利率NUSRGLD
| Q4 25 | 3.9% | 24.9% | ||
| Q3 25 | 4.7% | 50.3% | ||
| Q2 25 | 5.5% | 63.1% | ||
| Q1 25 | 29.5% | 58.7% | ||
| Q4 24 | -8.1% | 53.0% | ||
| Q3 24 | 1.9% | 49.7% | ||
| Q2 24 | -26.9% | 46.6% | ||
| Q1 24 | -0.1% | 31.7% |
每股收益（稀释后）NUSRGLD
| Q4 25 | $0.27 | $1.04 | ||
| Q3 25 | $0.34 | $1.92 | ||
| Q2 25 | $0.43 | $2.01 | ||
| Q1 25 | $2.14 | $1.72 | ||
| Q4 24 | $-0.73 | $1.63 | ||
| Q3 24 | $0.17 | $1.46 | ||
| Q2 24 | $-2.38 | $1.23 | ||
| Q1 24 | $-0.01 | $0.72 |
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 | $239.8M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $805.2M | $7.2B |
| 总资产 | $1.4B | $9.5B |
| 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NUSRGLD
| Q4 25 | $239.8M | $233.7M | ||
| Q3 25 | $253.0M | $172.8M | ||
| Q2 25 | $265.4M | $248.2M | ||
| Q1 25 | $213.6M | $240.8M | ||
| Q4 24 | $198.0M | $195.5M | ||
| Q3 24 | $237.8M | $127.9M | ||
| Q2 24 | $232.9M | $74.2M | ||
| Q1 24 | $221.2M | $137.9M |
总债务NUSRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益NUSRGLD
| Q4 25 | $805.2M | $7.2B | ||
| Q3 25 | $799.8M | $3.4B | ||
| Q2 25 | $787.8M | $3.3B | ||
| Q1 25 | $754.0M | $3.2B | ||
| Q4 24 | $651.5M | $3.1B | ||
| Q3 24 | $706.9M | $3.0B | ||
| Q2 24 | $686.2M | $3.0B | ||
| Q1 24 | $810.2M | $2.9B |
总资产NUSRGLD
| Q4 25 | $1.4B | $9.5B | ||
| Q3 25 | $1.4B | $4.5B | ||
| Q2 25 | $1.4B | $3.6B | ||
| Q1 25 | $1.4B | $3.5B | ||
| Q4 24 | $1.5B | $3.4B | ||
| Q3 24 | $1.6B | $3.3B | ||
| Q2 24 | $1.6B | $3.3B | ||
| Q1 24 | $1.7B | $3.3B |
负债/权益比NUSRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.02× | ||
| Q1 24 | — | — |
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 | $16.6M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $5.9M | — |
| 自由现金流率自由现金流/营收 | 1.6% | — |
| 资本支出强度资本支出/营收 | 2.9% | — |
| 现金转化率经营现金流/净利润 | 1.15× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $46.0M | — |
8季度趋势，按日历期对齐
经营现金流NUSRGLD
| Q4 25 | $16.6M | $241.7M | ||
| Q3 25 | $27.5M | $174.0M | ||
| Q2 25 | $35.8M | $152.8M | ||
| Q1 25 | $389.0K | $136.4M | ||
| Q4 24 | $25.8M | $141.1M | ||
| Q3 24 | $31.4M | $136.7M | ||
| Q2 24 | $51.2M | $113.5M | ||
| Q1 24 | $3.3M | $138.3M |
自由现金流NUSRGLD
| Q4 25 | $5.9M | — | ||
| Q3 25 | $17.6M | — | ||
| Q2 25 | $35.8M | — | ||
| Q1 25 | $-13.2M | — | ||
| Q4 24 | $13.2M | — | ||
| Q3 24 | $22.8M | — | ||
| Q2 24 | $43.1M | — | ||
| Q1 24 | $-9.0M | — |
自由现金流率NUSRGLD
| Q4 25 | 1.6% | — | ||
| Q3 25 | 4.8% | — | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | -3.6% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 5.3% | — | ||
| Q2 24 | 9.8% | — | ||
| Q1 24 | -2.1% | — |
资本支出强度NUSRGLD
| Q4 25 | 2.9% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 1.9% | — | ||
| Q1 24 | 2.9% | — |
现金转化率NUSRGLD
| Q4 25 | 1.15× | 2.58× | ||
| Q3 25 | 1.61× | 1.37× | ||
| Q2 25 | 1.69× | 1.15× | ||
| Q1 25 | 0.00× | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | 3.79× | 1.42× | ||
| Q2 24 | — | 1.40× | ||
| Q1 24 | — | 2.93× |
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
NUS
| Other | $161.9M | 44% |
| Mainland China Segment | $52.0M | 14% |
| Southeast Asia Pacific Segment | $50.5M | 14% |
| Europe And Africa Segment | $41.8M | 11% |
| Hong Kong Taiwan Segment | $29.6M | 8% |
| South Korea Segment | $28.4M | 8% |
| Rhyz Other Segment | $6.1M | 2% |
RGLD
| Gold | $216.9M | 58% |
| Pueblo Viejo | $47.3M | 13% |
| Andacollo | $32.6M | 9% |
| Silver | $32.1M | 9% |
| Other | $27.2M | 7% |
| Copper | $13.7M | 4% |
| Cortez Legacy Zone | $5.4M | 1% |
