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百济神州（ONC）与WEC Energy Group（WEC）财务数据对比。点击上方公司名可切换其他公司
WEC Energy Group的季度营收约是百济神州的1.7倍（$2.5B vs $1.5B），WEC Energy Group净利率更高（12.5% vs 4.4%，领先8.0%），百济神州同比增速更快（32.8% vs 11.1%），过去两年百济神州的营收复合增速更高（41.2% vs -2.7%）
BeOne Medicines（原百济神州）是一家跨国肿瘤领域制药企业，专注于癌症治疗创新药物的研发与商业化，致力于为全球癌症患者提供更有效、可及性更高的治疗方案，改善患者的生存质量与预后。
WEC能源集团是总部位于美国威斯康星州密尔沃基的知名能源企业，业务覆盖美国四个州，为总计440万用户提供可靠的电力及天然气供应服务，是北美地区颇具规模的区域性能源服务商。
ONC vs WEC — 直观对比
营收规模更大
WEC
是对方的1.7倍
$1.5B
营收增速更快
ONC
高出21.8%
11.1%
净利率更高
WEC
高出8.0%
4.4%
两年增速更快
ONC
近两年复合增速
-2.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $2.5B |
| 净利润 | $66.5M | $316.8M |
| 毛利率 | 90.5% | 63.7% |
| 营业利润率 | 12.4% | 17.9% |
| 净利率 | 4.4% | 12.5% |
| 营收同比 | 32.8% | 11.1% |
| 净利润同比 | 143.8% | -30.1% |
| 每股收益（稀释后） | $0.05 | — |
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ONCWEC
| Q4 25 | $1.5B | $2.5B | ||
| Q3 25 | $1.4B | $2.1B | ||
| Q2 25 | $1.3B | $2.0B | ||
| Q1 25 | $1.1B | $3.1B | ||
| Q4 24 | $1.1B | $2.3B | ||
| Q3 24 | $1.0B | $1.9B | ||
| Q2 24 | $929.2M | $1.8B | ||
| Q1 24 | $751.7M | $2.7B |
净利润ONCWEC
| Q4 25 | $66.5M | $316.8M | ||
| Q3 25 | $124.8M | $270.2M | ||
| Q2 25 | $94.3M | $243.0M | ||
| Q1 25 | $1.3M | $725.5M | ||
| Q4 24 | $-151.9M | $453.1M | ||
| Q3 24 | $-121.3M | $238.6M | ||
| Q2 24 | $-120.4M | $210.0M | ||
| Q1 24 | $-251.2M | $622.6M |
毛利率ONCWEC
| Q4 25 | 90.5% | 63.7% | ||
| Q3 25 | 86.1% | 71.1% | ||
| Q2 25 | 87.5% | 71.6% | ||
| Q1 25 | 85.2% | 63.0% | ||
| Q4 24 | 85.8% | 67.7% | ||
| Q3 24 | 83.0% | 72.1% | ||
| Q2 24 | 85.1% | 73.5% | ||
| Q1 24 | 83.4% | 65.4% |
营业利润率ONCWEC
| Q4 25 | 12.4% | 17.9% | ||
| Q3 25 | 11.5% | 21.4% | ||
| Q2 25 | 6.7% | 20.1% | ||
| Q1 25 | 1.0% | 29.8% | ||
| Q4 24 | -7.0% | 25.9% | ||
| Q3 24 | -12.0% | 20.6% | ||
| Q2 24 | -11.5% | 20.6% | ||
| Q1 24 | -34.8% | 30.3% |
净利率ONCWEC
| Q4 25 | 4.4% | 12.5% | ||
| Q3 25 | 8.8% | 12.8% | ||
| Q2 25 | 7.2% | 12.1% | ||
| Q1 25 | 0.1% | 23.0% | ||
| Q4 24 | -13.5% | 19.8% | ||
| Q3 24 | -12.1% | 12.8% | ||
| Q2 24 | -13.0% | 11.9% | ||
| Q1 24 | -33.4% | 23.2% |
每股收益（稀释后）ONCWEC
| Q4 25 | $0.05 | — | ||
| Q3 25 | $0.08 | — | ||
| Q2 25 | $0.06 | — | ||
| Q1 25 | $0.00 | — | ||
| Q4 24 | $-0.10 | — | ||
| Q3 24 | $-0.09 | — | ||
| Q2 24 | $-0.09 | — | ||
| Q1 24 | $-0.19 | — |
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 | $4.5B | $27.6M |
| 总债务越低越好 | $836.4M | $20.0B |
| 股东权益账面价值 | $4.4B | $14.1B |
| 总资产 | $8.2B | $51.5B |
| 负债/权益比越低杠杆越低 | 0.19× | 1.42× |
8季度趋势，按日历期对齐
现金及短期投资ONCWEC
| Q4 25 | $4.5B | $27.6M | ||
| Q3 25 | $4.0B | $51.1M | ||
| Q2 25 | $2.8B | $23.0M | ||
| Q1 25 | $2.5B | $82.2M | ||
| Q4 24 | $2.6B | $9.8M | ||
| Q3 24 | $2.7B | $322.5M | ||
| Q2 24 | $2.6B | $224.0M | ||
| Q1 24 | $2.8B | $38.9M |
总债务ONCWEC
| Q4 25 | $836.4M | $20.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $18.9B | ||
| Q3 24 | — | $16.9B | ||
| Q2 24 | — | $16.9B | ||
| Q1 24 | — | $15.4B |
股东权益ONCWEC
| Q4 25 | $4.4B | $14.1B | ||
| Q3 25 | $4.1B | $14.0B | ||
| Q2 25 | $3.8B | $13.7B | ||
| Q1 25 | $3.5B | $13.4B | ||
| Q4 24 | $3.3B | $12.8B | ||
| Q3 24 | $3.4B | $12.4B | ||
| Q2 24 | $3.4B | $12.4B | ||
| Q1 24 | $3.4B | $12.4B |
总资产ONCWEC
| Q4 25 | $8.2B | $51.5B | ||
| Q3 25 | $7.6B | $49.8B | ||
| Q2 25 | $6.3B | $48.5B | ||
| Q1 25 | $5.8B | $48.2B | ||
| Q4 24 | $5.9B | $47.4B | ||
| Q3 24 | $5.8B | $45.2B | ||
| Q2 24 | $5.7B | $44.6B | ||
| Q1 24 | $5.7B | $43.9B |
负债/权益比ONCWEC
| Q4 25 | 0.19× | 1.42× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 1.36× | ||
| Q1 24 | — | 1.24× |
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 | $417.3M | $424.6M |
| 自由现金流经营现金流 - 资本支出 | $379.8M | — |
| 自由现金流率自由现金流/营收 | 25.4% | — |
| 资本支出强度资本支出/营收 | 2.5% | — |
| 现金转化率经营现金流/净利润 | 6.28× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $941.7M | — |
8季度趋势，按日历期对齐
经营现金流ONCWEC
| Q4 25 | $417.3M | $424.6M | ||
| Q3 25 | $402.6M | $938.9M | ||
| Q2 25 | $263.6M | $853.3M | ||
| Q1 25 | $44.1M | $1.2B | ||
| Q4 24 | $75.2M | $581.8M | ||
| Q3 24 | $188.4M | $729.0M | ||
| Q2 24 | $-95.6M | $1.0B | ||
| Q1 24 | $-308.6M | $863.6M |
自由现金流ONCWEC
| Q4 25 | $379.8M | — | ||
| Q3 25 | $354.5M | $-625.7M | ||
| Q2 25 | $219.8M | $23.9M | ||
| Q1 25 | $-12.3M | $461.5M | ||
| Q4 24 | $-17.3M | — | ||
| Q3 24 | $54.7M | $-67.3M | ||
| Q2 24 | $-205.5M | $343.5M | ||
| Q1 24 | $-465.1M | $419.1M |
自由现金流率ONCWEC
| Q4 25 | 25.4% | — | ||
| Q3 25 | 25.1% | -29.7% | ||
| Q2 25 | 16.7% | 1.2% | ||
| Q1 25 | -1.1% | 14.7% | ||
| Q4 24 | -1.5% | — | ||
| Q3 24 | 5.5% | -3.6% | ||
| Q2 24 | -22.1% | 19.4% | ||
| Q1 24 | -61.9% | 15.6% |
资本支出强度ONCWEC
| Q4 25 | 2.5% | — | ||
| Q3 25 | 3.4% | 74.4% | ||
| Q2 25 | 3.3% | 41.3% | ||
| Q1 25 | 5.0% | 22.3% | ||
| Q4 24 | 8.2% | — | ||
| Q3 24 | 13.3% | 42.7% | ||
| Q2 24 | 11.8% | 39.2% | ||
| Q1 24 | 20.8% | 16.6% |
现金转化率ONCWEC
| Q4 25 | 6.28× | 1.34× | ||
| Q3 25 | 3.22× | 3.47× | ||
| Q2 25 | 2.79× | 3.51× | ||
| Q1 25 | 34.71× | 1.60× | ||
| Q4 24 | — | 1.28× | ||
| Q3 24 | — | 3.06× | ||
| Q2 24 | — | 4.94× | ||
| Q1 24 | — | 1.39× |
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
ONC
暂无分部数据
WEC
| Wisconsin | $1.9B | 73% |
| Illinois | $441.2M | 17% |
| Other States | $165.1M | 7% |
| External Revenues | $74.0M | 3% |
| Otheroperatingrevenues | $8.0M | 0% |
