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PDF SOLUTIONS INC（PDFS）与湘南美容医疗集团（SBC）财务数据对比。点击上方公司名可切换其他公司
PDF SOLUTIONS INC的季度营收约是湘南美容医疗集团的1.6倍（$62.4M vs $39.6M），湘南美容医疗集团净利率更高（35.9% vs -0.1%，领先36.0%），PDF SOLUTIONS INC同比增速更快（24.6% vs -10.9%），湘南美容医疗集团自由现金流更多（$51.2M vs $7.5M），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs -15.0%）
PDF Solutions Inc是一家总部位于美国加利福尼亚州圣克拉拉的跨国企业，主营软件业务与工程技术服务，目前在纳斯达克交易所挂牌上市，股票代码为PDFS。
湘南美容医疗集团是总部位于日本的知名医疗服务提供商，核心业务覆盖美容整形、皮肤科诊疗、抗衰老健康护理等领域，在日本各地运营大量连锁诊所，同时服务本地居民及赴日就医的国际游客。
PDFS vs SBC — 直观对比
营收规模更大
PDFS
是对方的1.6倍
$39.6M
营收增速更快
PDFS
高出35.5%
-10.9%
净利率更高
SBC
高出36.0%
-0.1%
自由现金流更多
SBC
多$43.6M
$7.5M
两年增速更快
PDFS
近两年复合增速
-15.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $62.4M | $39.6M |
| 净利润 | $-48.0K | $14.2M |
| 毛利率 | 72.9% | 73.1% |
| 营业利润率 | 5.5% | 32.5% |
| 净利率 | -0.1% | 35.9% |
| 营收同比 | 24.6% | -10.9% |
| 净利润同比 | -108.9% | 117.2% |
| 每股收益（稀释后） | $0.00 | $0.15 |
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PDFSSBC
| Q4 25 | $62.4M | $39.6M | ||
| Q3 25 | $57.1M | $43.4M | ||
| Q2 25 | $51.7M | $43.4M | ||
| Q1 25 | $47.8M | $47.3M | ||
| Q4 24 | $50.1M | $44.4M | ||
| Q3 24 | $46.4M | $53.1M | ||
| Q2 24 | $41.7M | $53.1M | ||
| Q1 24 | $41.3M | $54.8M |
净利润PDFSSBC
| Q4 25 | $-48.0K | $14.2M | ||
| Q3 25 | $1.3M | $12.8M | ||
| Q2 25 | $1.1M | $2.5M | ||
| Q1 25 | $-3.0M | $21.5M | ||
| Q4 24 | $539.0K | $6.5M | ||
| Q3 24 | $2.2M | $2.8M | ||
| Q2 24 | $1.7M | $18.5M | ||
| Q1 24 | $-393.0K | $18.8M |
毛利率PDFSSBC
| Q4 25 | 72.9% | 73.1% | ||
| Q3 25 | 72.3% | 70.6% | ||
| Q2 25 | 71.2% | 69.2% | ||
| Q1 25 | 72.9% | 79.7% | ||
| Q4 24 | 68.3% | 76.3% | ||
| Q3 24 | 73.1% | 81.5% | ||
| Q2 24 | 70.6% | 74.2% | ||
| Q1 24 | 67.3% | 72.1% |
营业利润率PDFSSBC
| Q4 25 | 5.5% | 32.5% | ||
| Q3 25 | 8.5% | 36.6% | ||
| Q2 25 | 2.2% | 33.6% | ||
| Q1 25 | -7.4% | 51.1% | ||
| Q4 24 | 1.0% | 10.6% | ||
| Q3 24 | 4.6% | 26.1% | ||
| Q2 24 | 0.6% | 51.4% | ||
| Q1 24 | -4.7% | 44.6% |
净利率PDFSSBC
| Q4 25 | -0.1% | 35.9% | ||
| Q3 25 | 2.3% | 29.6% | ||
| Q2 25 | 2.2% | 5.7% | ||
| Q1 25 | -6.3% | 45.4% | ||
| Q4 24 | 1.1% | 14.7% | ||
| Q3 24 | 4.8% | 5.3% | ||
| Q2 24 | 4.1% | 34.8% | ||
| Q1 24 | -1.0% | 34.2% |
每股收益（稀释后）PDFSSBC
| Q4 25 | $0.00 | $0.15 | ||
| Q3 25 | $0.03 | $0.12 | ||
| Q2 25 | $0.03 | $0.02 | ||
| Q1 25 | $-0.08 | $0.21 | ||
| Q4 24 | $0.01 | $0.05 | ||
| Q3 24 | $0.06 | $0.03 | ||
| Q2 24 | $0.04 | $0.20 | ||
| Q1 24 | $-0.01 | $0.20 |
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 | $42.2M | $164.1M |
| 总债务越低越好 | $67.0M | $42.8M |
| 股东权益账面价值 | $271.0M | $248.3M |
| 总资产 | $418.7M | $380.4M |
| 负债/权益比越低杠杆越低 | 0.25× | 0.17× |
8季度趋势，按日历期对齐
现金及短期投资PDFSSBC
| Q4 25 | $42.2M | $164.1M | ||
| Q3 25 | $35.9M | $127.4M | ||
| Q2 25 | $40.4M | $152.7M | ||
| Q1 25 | $54.1M | $132.1M | ||
| Q4 24 | $114.9M | $125.0M | ||
| Q3 24 | $120.2M | $137.4M | ||
| Q2 24 | $117.9M | — | ||
| Q1 24 | $122.9M | — |
总债务PDFSSBC
| Q4 25 | $67.0M | $42.8M | ||
| Q3 25 | $67.6M | $21.1M | ||
| Q2 25 | $68.1M | $7.1M | ||
| Q1 25 | $68.7M | $6.9M | ||
| Q4 24 | — | $6.6M | ||
| Q3 24 | — | $823.2K | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PDFSSBC
| Q4 25 | $271.0M | $248.3M | ||
| Q3 25 | $264.4M | $248.0M | ||
| Q2 25 | $257.5M | $244.6M | ||
| Q1 25 | $249.0M | $226.4M | ||
| Q4 24 | $246.0M | $195.1M | ||
| Q3 24 | $240.5M | $205.0M | ||
| Q2 24 | $232.2M | $8.8M | ||
| Q1 24 | $225.4M | $9.0M |
总资产PDFSSBC
| Q4 25 | $418.7M | $380.4M | ||
| Q3 25 | $406.4M | $321.4M | ||
| Q2 25 | $391.1M | $315.3M | ||
| Q1 25 | $390.0M | $284.6M | ||
| Q4 24 | $315.3M | $266.1M | ||
| Q3 24 | $307.4M | $296.5M | ||
| Q2 24 | $298.0M | $19.5M | ||
| Q1 24 | $286.8M | $19.8M |
负债/权益比PDFSSBC
| Q4 25 | 0.25× | 0.17× | ||
| Q3 25 | 0.26× | 0.09× | ||
| Q2 25 | 0.26× | 0.03× | ||
| Q1 25 | 0.28× | 0.03× | ||
| Q4 24 | — | 0.03× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | — | ||
| 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 | $17.3M | $52.0M |
| 自由现金流经营现金流 - 资本支出 | $7.5M | $51.2M |
| 自由现金流率自由现金流/营收 | 12.1% | 129.3% |
| 资本支出强度资本支出/营收 | 15.7% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 3.66× |
| 过去12个月自由现金流最近4个季度 | $-8.6M | $23.3M |
8季度趋势，按日历期对齐
经营现金流PDFSSBC
| Q4 25 | $17.3M | $52.0M | ||
| Q3 25 | $3.3M | $-20.9M | ||
| Q2 25 | $-5.2M | $-8.3M | ||
| Q1 25 | $8.6M | $1.9M | ||
| Q4 24 | $1.6M | $-7.3M | ||
| Q3 24 | $9.3M | $5.0M | ||
| Q2 24 | $684.0K | $19.2M | ||
| Q1 24 | $-1.9M | $3.7M |
自由现金流PDFSSBC
| Q4 25 | $7.5M | $51.2M | ||
| Q3 25 | $-2.9M | $-20.9M | ||
| Q2 25 | $-13.8M | $-8.6M | ||
| Q1 25 | $535.0K | $1.7M | ||
| Q4 24 | $-4.0M | $-7.9M | ||
| Q3 24 | $5.1M | $4.6M | ||
| Q2 24 | $-4.6M | $18.3M | ||
| Q1 24 | $-3.9M | $3.0M |
自由现金流率PDFSSBC
| Q4 25 | 12.1% | 129.3% | ||
| Q3 25 | -5.1% | -48.3% | ||
| Q2 25 | -26.6% | -19.9% | ||
| Q1 25 | 1.1% | 3.5% | ||
| Q4 24 | -8.0% | -17.8% | ||
| Q3 24 | 11.0% | 8.7% | ||
| Q2 24 | -11.1% | 34.5% | ||
| Q1 24 | -9.4% | 5.4% |
资本支出强度PDFSSBC
| Q4 25 | 15.7% | 2.0% | ||
| Q3 25 | 10.8% | 0.1% | ||
| Q2 25 | 16.5% | 0.7% | ||
| Q1 25 | 17.0% | 0.5% | ||
| Q4 24 | 11.3% | 1.3% | ||
| Q3 24 | 9.0% | 0.8% | ||
| Q2 24 | 12.8% | 1.6% | ||
| Q1 24 | 4.9% | 1.3% |
现金转化率PDFSSBC
| Q4 25 | — | 3.66× | ||
| Q3 25 | 2.54× | -1.63× | ||
| Q2 25 | -4.55× | -3.39× | ||
| Q1 25 | — | 0.09× | ||
| Q4 24 | 2.98× | -1.12× | ||
| Q3 24 | 4.20× | 1.77× | ||
| Q2 24 | 0.40× | 1.04× | ||
| Q1 24 | — | 0.20× |
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
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
SBC
| Franchising | $10.3M | 26% |
| Medical Corporation Shobikai | $8.1M | 21% |
| Medical Corporation Nasukai | $7.2M | 18% |
| Management Services | $6.3M | 16% |
| Rental Services | $4.3M | 11% |
| Medical Corporation Association Furinkai | $3.0M | 8% |
| Japan Medical And Beauty Inc | $656.5K | 2% |
