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如新（NUS）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
如新的季度营收约是BRC Group Holdings, Inc.的2.0倍（$370.3M vs $188.3M），BRC Group Holdings, Inc.净利率更高（47.9% vs 3.9%，领先44.0%），如新同比增速更快（-16.9% vs -21.9%），过去两年如新的营收复合增速更高（-5.8% vs -15.4%）
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。
NUS vs RILY — 直观对比
营收规模更大
NUS
是对方的2.0倍
$188.3M
营收增速更快
NUS
高出5.0%
-21.9%
净利率更高
RILY
高出44.0%
3.9%
两年增速更快
NUS
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $370.3M | $188.3M |
| 净利润 | $14.5M | $90.3M |
| 毛利率 | 70.7% | 79.5% |
| 营业利润率 | 6.3% | 32.3% |
| 净利率 | 3.9% | 47.9% |
| 营收同比 | -16.9% | -21.9% |
| 净利润同比 | 140.1% | 1710.8% |
| 每股收益（稀释后） | $0.27 | $2.78 |
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NUSRILY
| Q4 25 | $370.3M | $188.3M | ||
| Q3 25 | $364.2M | $215.3M | ||
| Q2 25 | $386.1M | $188.2M | ||
| Q1 25 | $364.5M | $197.2M | ||
| Q4 24 | $445.6M | $241.0M | ||
| Q3 24 | $430.1M | $225.5M | ||
| Q2 24 | $439.1M | $256.0M | ||
| Q1 24 | $417.3M | $263.4M |
净利润NUSRILY
| Q4 25 | $14.5M | $90.3M | ||
| Q3 25 | $17.1M | $91.1M | ||
| Q2 25 | $21.1M | $139.5M | ||
| Q1 25 | $107.5M | $-10.0M | ||
| Q4 24 | $-36.1M | $-5.6M | ||
| Q3 24 | $8.3M | $-284.4M | ||
| Q2 24 | $-118.3M | $-433.6M | ||
| Q1 24 | $-533.0K | $-49.2M |
毛利率NUSRILY
| Q4 25 | 70.7% | 79.5% | ||
| Q3 25 | 70.5% | 83.7% | ||
| Q2 25 | 68.8% | 81.3% | ||
| Q1 25 | 67.8% | 81.4% | ||
| Q4 24 | 62.7% | 79.8% | ||
| Q3 24 | 70.1% | 82.1% | ||
| Q2 24 | 70.0% | 84.5% | ||
| Q1 24 | 70.5% | 85.3% |
营业利润率NUSRILY
| Q4 25 | 6.3% | 32.3% | ||
| Q3 25 | 5.9% | 30.4% | ||
| Q2 25 | 8.0% | 5.7% | ||
| Q1 25 | -2.7% | -31.2% | ||
| Q4 24 | -11.9% | -69.2% | ||
| Q3 24 | 4.2% | -36.4% | ||
| Q2 24 | -28.6% | -90.8% | ||
| Q1 24 | 2.1% | -6.1% |
净利率NUSRILY
| Q4 25 | 3.9% | 47.9% | ||
| Q3 25 | 4.7% | 42.3% | ||
| Q2 25 | 5.5% | 74.1% | ||
| Q1 25 | 29.5% | -5.1% | ||
| Q4 24 | -8.1% | -2.3% | ||
| Q3 24 | 1.9% | -126.1% | ||
| Q2 24 | -26.9% | -169.4% | ||
| Q1 24 | -0.1% | -18.7% |
每股收益（稀释后）NUSRILY
| Q4 25 | $0.27 | $2.78 | ||
| Q3 25 | $0.34 | $2.91 | ||
| Q2 25 | $0.43 | $4.50 | ||
| Q1 25 | $2.14 | $-0.39 | ||
| Q4 24 | $-0.73 | $-0.01 | ||
| Q3 24 | $0.17 | $-9.39 | ||
| Q2 24 | $-2.38 | $-14.35 | ||
| Q1 24 | $-0.01 | $-1.71 |
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 | $226.6M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $805.2M | $-171.5M |
| 总资产 | $1.4B | $1.7B |
| 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NUSRILY
| Q4 25 | $239.8M | $226.6M | ||
| Q3 25 | $253.0M | $184.2M | ||
| Q2 25 | $265.4M | $267.4M | ||
| Q1 25 | $213.6M | $138.3M | ||
| Q4 24 | $198.0M | $146.9M | ||
| Q3 24 | $237.8M | $159.2M | ||
| Q2 24 | $232.9M | $236.9M | ||
| Q1 24 | $221.2M | $190.7M |
总债务NUSRILY
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益NUSRILY
| Q4 25 | $805.2M | $-171.5M | ||
| Q3 25 | $799.8M | $-260.5M | ||
| Q2 25 | $787.8M | $-351.7M | ||
| Q1 25 | $754.0M | $-496.8M | ||
| Q4 24 | $651.5M | $-488.2M | ||
| Q3 24 | $706.9M | $-497.6M | ||
| Q2 24 | $686.2M | $-218.3M | ||
| Q1 24 | $810.2M | $228.4M |
总资产NUSRILY
| Q4 25 | $1.4B | $1.7B | ||
| Q3 25 | $1.4B | $1.7B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.5B | $1.8B | ||
| Q3 24 | $1.6B | $2.2B | ||
| Q2 24 | $1.6B | $3.2B | ||
| Q1 24 | $1.7B | $5.0B |
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 | $26.2M |
| 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× | 0.29× |
| 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NUSRILY
| Q4 25 | $16.6M | $26.2M | ||
| Q3 25 | $27.5M | $-60.6M | ||
| Q2 25 | $35.8M | $-25.6M | ||
| Q1 25 | $389.0K | $184.0K | ||
| Q4 24 | $25.8M | $-2.7M | ||
| Q3 24 | $31.4M | $19.5M | ||
| Q2 24 | $51.2M | $111.5M | ||
| Q1 24 | $3.3M | $135.4M |
自由现金流NUSRILY
| 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NUSRILY
| 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NUSRILY
| 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NUSRILY
| Q4 25 | 1.15× | 0.29× | ||
| Q3 25 | 1.61× | -0.66× | ||
| Q2 25 | 1.69× | -0.18× | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.79× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
