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UNIVERSAL DISPLAY CORP \PA\（OLED）与PREFORMED LINE PRODUCTS CO（PLPC）财务数据对比。点击上方公司名可切换其他公司
PREFORMED LINE PRODUCTS CO的季度营收约是UNIVERSAL DISPLAY CORP \PA\的1.0倍（$173.1M vs $172.9M），UNIVERSAL DISPLAY CORP \PA\净利率更高（38.4% vs 4.9%，领先33.5%），UNIVERSAL DISPLAY CORP \PA\同比增速更快（6.6% vs 3.6%），UNIVERSAL DISPLAY CORP \PA\自由现金流更多（$15.1M vs $11.8M），过去两年PREFORMED LINE PRODUCTS CO的营收复合增速更高（10.8% vs 2.3%）
Universal Display Corporation（股票代码OLED）是有机发光二极管（OLED）技术及材料的研发与生产企业，拥有深厚的技术积累，面向显示、照明两大领域提供相关配套服务，是全球OLED上游产业链的核心供应商之一。
预成型线路产品公司（PLPC）研发、生产和销售适用于输配电、通信及可再生能源基建领域的工程硬件组件，服务全球多地的公用事业、网络运营商及工业客户，提供可提升网络可靠性与运营效率的解决方案。
OLED vs PLPC — 直观对比
营收规模更大
PLPC
是对方的1.0倍
$172.9M
营收增速更快
OLED
高出3.0%
3.6%
净利率更高
OLED
高出33.5%
4.9%
自由现金流更多
OLED
多$3.3M
$11.8M
两年增速更快
PLPC
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $172.9M | $173.1M |
| 净利润 | $66.3M | $8.4M |
| 毛利率 | 76.1% | 29.8% |
| 营业利润率 | 38.9% | 6.8% |
| 净利率 | 38.4% | 4.9% |
| 营收同比 | 6.6% | 3.6% |
| 净利润同比 | 44.2% | -19.3% |
| 每股收益（稀释后） | $1.40 | $1.72 |
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OLEDPLPC
| Q4 25 | $172.9M | $173.1M | ||
| Q3 25 | $139.6M | $178.1M | ||
| Q2 25 | $171.8M | $169.6M | ||
| Q1 25 | $166.3M | $148.5M | ||
| Q4 24 | $162.3M | $167.1M | ||
| Q3 24 | $161.6M | $147.0M | ||
| Q2 24 | $158.5M | $138.7M | ||
| Q1 24 | $165.3M | $140.9M |
净利润OLEDPLPC
| Q4 25 | $66.3M | $8.4M | ||
| Q3 25 | $44.0M | $2.6M | ||
| Q2 25 | $67.3M | $12.7M | ||
| Q1 25 | $64.4M | $11.5M | ||
| Q4 24 | $46.0M | $10.5M | ||
| Q3 24 | $66.9M | $7.7M | ||
| Q2 24 | $52.3M | $9.4M | ||
| Q1 24 | $56.9M | $9.6M |
毛利率OLEDPLPC
| Q4 25 | 76.1% | 29.8% | ||
| Q3 25 | 74.6% | 29.7% | ||
| Q2 25 | 77.2% | 32.7% | ||
| Q1 25 | 77.1% | 32.8% | ||
| Q4 24 | 77.0% | 33.3% | ||
| Q3 24 | 77.8% | 31.1% | ||
| Q2 24 | 75.8% | 31.9% | ||
| Q1 24 | 77.6% | 31.3% |
营业利润率OLEDPLPC
| Q4 25 | 38.9% | 6.8% | ||
| Q3 25 | 30.9% | 7.4% | ||
| Q2 25 | 39.9% | 10.1% | ||
| Q1 25 | 41.9% | 8.8% | ||
| Q4 24 | 32.3% | 10.5% | ||
| Q3 24 | 41.5% | 7.1% | ||
| Q2 24 | 35.6% | 8.1% | ||
| Q1 24 | 38.0% | 8.2% |
净利率OLEDPLPC
| Q4 25 | 38.4% | 4.9% | ||
| Q3 25 | 31.5% | 1.5% | ||
| Q2 25 | 39.2% | 7.5% | ||
| Q1 25 | 38.8% | 7.8% | ||
| Q4 24 | 28.4% | 6.3% | ||
| Q3 24 | 41.4% | 5.2% | ||
| Q2 24 | 33.0% | 6.8% | ||
| Q1 24 | 34.4% | 6.8% |
每股收益（稀释后）OLEDPLPC
| Q4 25 | $1.40 | $1.72 | ||
| Q3 25 | $0.92 | $0.53 | ||
| Q2 25 | $1.41 | $2.56 | ||
| Q1 25 | $1.35 | $2.33 | ||
| Q4 24 | $0.96 | $2.13 | ||
| Q3 24 | $1.40 | $1.54 | ||
| Q2 24 | $1.10 | $1.89 | ||
| Q1 24 | $1.19 | $1.94 |
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 | $602.4M | — |
| 总债务越低越好 | — | $38.3M |
| 股东权益账面价值 | $1.8B | $475.5M |
| 总资产 | $2.0B | $653.6M |
| 负债/权益比越低杠杆越低 | — | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资OLEDPLPC
| Q4 25 | $602.4M | — | ||
| Q3 25 | $603.0M | — | ||
| Q2 25 | $525.2M | — | ||
| Q1 25 | $571.3M | — | ||
| Q4 24 | $492.7M | — | ||
| Q3 24 | $551.6M | — | ||
| Q2 24 | $530.5M | — | ||
| Q1 24 | $539.3M | — |
总债务OLEDPLPC
| Q4 25 | — | $38.3M | ||
| Q3 25 | — | $36.0M | ||
| Q2 25 | — | $31.8M | ||
| Q1 25 | — | $29.1M | ||
| Q4 24 | — | $20.8M | ||
| Q3 24 | — | $27.2M | ||
| Q2 24 | — | $31.6M | ||
| Q1 24 | — | $55.0M |
股东权益OLEDPLPC
| Q4 25 | $1.8B | $475.5M | ||
| Q3 25 | $1.7B | $466.3M | ||
| Q2 25 | $1.7B | $460.7M | ||
| Q1 25 | $1.7B | $435.8M | ||
| Q4 24 | $1.6B | $422.3M | ||
| Q3 24 | $1.6B | $429.0M | ||
| Q2 24 | $1.5B | $416.2M | ||
| Q1 24 | $1.5B | $413.4M |
总资产OLEDPLPC
| Q4 25 | $2.0B | $653.6M | ||
| Q3 25 | $1.9B | $644.6M | ||
| Q2 25 | $1.9B | $631.5M | ||
| Q1 25 | $1.9B | $592.5M | ||
| Q4 24 | $1.8B | $573.9M | ||
| Q3 24 | $1.8B | $592.0M | ||
| Q2 24 | $1.8B | $572.6M | ||
| Q1 24 | $1.7B | $586.1M |
负债/权益比OLEDPLPC
| Q4 25 | — | 0.08× | ||
| Q3 25 | — | 0.08× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.07× | ||
| Q4 24 | — | 0.05× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | — | 0.08× | ||
| Q1 24 | — | 0.13× |
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 | $31.1M | $21.9M |
| 自由现金流经营现金流 - 资本支出 | $15.1M | $11.8M |
| 自由现金流率自由现金流/营收 | 8.7% | 6.8% |
| 资本支出强度资本支出/营收 | 9.3% | 5.9% |
| 现金转化率经营现金流/净利润 | 0.47× | 2.60× |
| 过去12个月自由现金流最近4个季度 | $154.4M | $33.3M |
8季度趋势，按日历期对齐
经营现金流OLEDPLPC
| Q4 25 | $31.1M | $21.9M | ||
| Q3 25 | $97.2M | $18.9M | ||
| Q2 25 | $51.9M | $26.9M | ||
| Q1 25 | $30.6M | $5.7M | ||
| Q4 24 | $34.7M | $24.1M | ||
| Q3 24 | $79.9M | $9.4M | ||
| Q2 24 | $67.0M | $28.3M | ||
| Q1 24 | $72.2M | $5.8M |
自由现金流OLEDPLPC
| Q4 25 | $15.1M | $11.8M | ||
| Q3 25 | $84.3M | $8.3M | ||
| Q2 25 | $37.5M | $18.6M | ||
| Q1 25 | $17.5M | $-5.3M | ||
| Q4 24 | $22.0M | $20.6M | ||
| Q3 24 | $66.2M | $5.8M | ||
| Q2 24 | $57.9M | $24.6M | ||
| Q1 24 | $65.0M | $1.8M |
自由现金流率OLEDPLPC
| Q4 25 | 8.7% | 6.8% | ||
| Q3 25 | 60.4% | 4.7% | ||
| Q2 25 | 21.8% | 10.9% | ||
| Q1 25 | 10.5% | -3.6% | ||
| Q4 24 | 13.6% | 12.3% | ||
| Q3 24 | 41.0% | 3.9% | ||
| Q2 24 | 36.5% | 17.7% | ||
| Q1 24 | 39.3% | 1.3% |
资本支出强度OLEDPLPC
| Q4 25 | 9.3% | 5.9% | ||
| Q3 25 | 9.2% | 6.0% | ||
| Q2 25 | 8.4% | 4.9% | ||
| Q1 25 | 7.9% | 7.4% | ||
| Q4 24 | 7.8% | 2.1% | ||
| Q3 24 | 8.4% | 2.4% | ||
| Q2 24 | 5.8% | 2.7% | ||
| Q1 24 | 4.4% | 2.8% |
现金转化率OLEDPLPC
| Q4 25 | 0.47× | 2.60× | ||
| Q3 25 | 2.21× | 7.21× | ||
| Q2 25 | 0.77× | 2.12× | ||
| Q1 25 | 0.47× | 0.49× | ||
| Q4 24 | 0.75× | 2.30× | ||
| Q3 24 | 1.19× | 1.22× | ||
| Q2 24 | 1.28× | 3.02× | ||
| Q1 24 | 1.27× | 0.60× |
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
OLED
| Material Sales | $95.5M | 55% |
| Other | $72.6M | 42% |
| Contract Research Services | $4.8M | 3% |
PLPC
暂无分部数据
