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PREFORMED LINE PRODUCTS CO（PLPC）与SHENANDOAH TELECOMMUNICATIONS CO（SHEN）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SHENANDOAH TELECOMMUNICATIONS CO的1.9倍（$173.1M vs $91.6M），PREFORMED LINE PRODUCTS CO净利率更高（4.9% vs -5.9%，领先10.7%），SHENANDOAH TELECOMMUNICATIONS CO同比增速更快（7.2% vs 3.6%），PREFORMED LINE PRODUCTS CO自由现金流更多（$11.8M vs $-78.6M），过去两年SHENANDOAH TELECOMMUNICATIONS CO的营收复合增速更高（15.0% vs 10.8%）
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。
谢南多厄电信是总部位于美国弗吉尼亚州的区域性电信服务商，面向美国中大西洋地区多州的居民及商业客户提供宽带互联网、无线通信、数字有线电视及光纤网络解决方案，重点服务乡村及城郊欠发达区域。
PLPC vs SHEN — 直观对比
营收规模更大
PLPC
是对方的1.9倍
$91.6M
营收增速更快
SHEN
高出3.7%
3.6%
净利率更高
PLPC
高出10.7%
-5.9%
自由现金流更多
PLPC
多$90.4M
$-78.6M
两年增速更快
SHEN
近两年复合增速
10.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $173.1M | $91.6M |
| 净利润 | $8.4M | $-5.4M |
| 毛利率 | 29.8% | — |
| 营业利润率 | 6.8% | -1.0% |
| 净利率 | 4.9% | -5.9% |
| 营收同比 | 3.6% | 7.2% |
| 净利润同比 | -19.3% | -95.8% |
| 每股收益（稀释后） | $1.72 | $-0.13 |
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PLPCSHEN
| Q4 25 | $173.1M | $91.6M | ||
| Q3 25 | $178.1M | $89.8M | ||
| Q2 25 | $169.6M | $88.6M | ||
| Q1 25 | $148.5M | $87.9M | ||
| Q4 24 | $167.1M | $85.4M | ||
| Q3 24 | $147.0M | $87.6M | ||
| Q2 24 | $138.7M | $85.8M | ||
| Q1 24 | $140.9M | $69.2M |
净利润PLPCSHEN
| Q4 25 | $8.4M | $-5.4M | ||
| Q3 25 | $2.6M | $-9.4M | ||
| Q2 25 | $12.7M | $-9.0M | ||
| Q1 25 | $11.5M | $-9.1M | ||
| Q4 24 | $10.5M | $-2.7M | ||
| Q3 24 | $7.7M | $-5.3M | ||
| Q2 24 | $9.4M | $-12.9M | ||
| Q1 24 | $9.6M | $214.7M |
毛利率PLPCSHEN
| Q4 25 | 29.8% | — | ||
| Q3 25 | 29.7% | — | ||
| Q2 25 | 32.7% | — | ||
| Q1 25 | 32.8% | — | ||
| Q4 24 | 33.3% | — | ||
| Q3 24 | 31.1% | — | ||
| Q2 24 | 31.9% | — | ||
| Q1 24 | 31.3% | — |
营业利润率PLPCSHEN
| Q4 25 | 6.8% | -1.0% | ||
| Q3 25 | 7.4% | -8.0% | ||
| Q2 25 | 10.1% | -10.3% | ||
| Q1 25 | 8.8% | -6.9% | ||
| Q4 24 | 10.5% | -6.7% | ||
| Q3 24 | 7.1% | -4.8% | ||
| Q2 24 | 8.1% | -18.5% | ||
| Q1 24 | 8.2% | -4.0% |
净利率PLPCSHEN
| Q4 25 | 4.9% | -5.9% | ||
| Q3 25 | 1.5% | -10.5% | ||
| Q2 25 | 7.5% | -10.2% | ||
| Q1 25 | 7.8% | -10.4% | ||
| Q4 24 | 6.3% | -3.2% | ||
| Q3 24 | 5.2% | -6.0% | ||
| Q2 24 | 6.8% | -15.0% | ||
| Q1 24 | 6.8% | 310.0% |
每股收益（稀释后）PLPCSHEN
| Q4 25 | $1.72 | $-0.13 | ||
| Q3 25 | $0.53 | $-0.20 | ||
| Q2 25 | $2.56 | $-0.19 | ||
| Q1 25 | $2.33 | $-0.19 | ||
| Q4 24 | $2.13 | $-0.34 | ||
| Q3 24 | $1.54 | $-0.13 | ||
| Q2 24 | $1.89 | $-0.24 | ||
| Q1 24 | $1.94 | $4.25 |
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 | — | $27.3M |
| 总债务越低越好 | $38.3M | $642.4M |
| 股东权益账面价值 | $475.5M | $880.8M |
| 总资产 | $653.6M | $1.9B |
| 负债/权益比越低杠杆越低 | 0.08× | 0.73× |
8季度趋势，按日历期对齐
现金及短期投资PLPCSHEN
| Q4 25 | — | $27.3M | ||
| Q3 25 | — | $22.6M | ||
| Q2 25 | — | $29.1M | ||
| Q1 25 | — | $87.5M | ||
| Q4 24 | — | $46.3M | ||
| Q3 24 | — | $43.1M | ||
| Q2 24 | — | $43.8M | ||
| Q1 24 | — | $389.7M |
总债务PLPCSHEN
| Q4 25 | $38.3M | $642.4M | ||
| Q3 25 | $36.0M | $535.4M | ||
| Q2 25 | $31.8M | $513.1M | ||
| Q1 25 | $29.1M | $515.8M | ||
| Q4 24 | $20.8M | $418.0M | ||
| Q3 24 | $27.2M | $345.2M | ||
| Q2 24 | $31.6M | $297.4M | ||
| Q1 24 | $55.0M | $298.7M |
股东权益PLPCSHEN
| Q4 25 | $475.5M | $880.8M | ||
| Q3 25 | $466.3M | $892.7M | ||
| Q2 25 | $460.7M | $902.0M | ||
| Q1 25 | $435.8M | $910.5M | ||
| Q4 24 | $422.3M | $918.6M | ||
| Q3 24 | $429.0M | $925.4M | ||
| Q2 24 | $416.2M | $933.1M | ||
| Q1 24 | $413.4M | $871.6M |
总资产PLPCSHEN
| Q4 25 | $653.6M | $1.9B | ||
| Q3 25 | $644.6M | $1.9B | ||
| Q2 25 | $631.5M | $1.8B | ||
| Q1 25 | $592.5M | $1.8B | ||
| Q4 24 | $573.9M | $1.7B | ||
| Q3 24 | $592.0M | $1.7B | ||
| Q2 24 | $572.6M | $1.7B | ||
| Q1 24 | $586.1M | $1.4B |
负债/权益比PLPCSHEN
| Q4 25 | 0.08× | 0.73× | ||
| Q3 25 | 0.08× | 0.60× | ||
| Q2 25 | 0.07× | 0.57× | ||
| Q1 25 | 0.07× | 0.57× | ||
| Q4 24 | 0.05× | 0.46× | ||
| Q3 24 | 0.06× | 0.37× | ||
| Q2 24 | 0.08× | 0.32× | ||
| Q1 24 | 0.13× | 0.34× |
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 | $21.9M | $28.8M |
| 自由现金流经营现金流 - 资本支出 | $11.8M | $-78.6M |
| 自由现金流率自由现金流/营收 | 6.8% | -85.8% |
| 资本支出强度资本支出/营收 | 5.9% | 117.2% |
| 现金转化率经营现金流/净利润 | 2.60× | — |
| 过去12个月自由现金流最近4个季度 | $33.3M | $-257.9M |
8季度趋势，按日历期对齐
经营现金流PLPCSHEN
| Q4 25 | $21.9M | $28.8M | ||
| Q3 25 | $18.9M | $30.7M | ||
| Q2 25 | $26.9M | $20.9M | ||
| Q1 25 | $5.7M | $20.5M | ||
| Q4 24 | $24.1M | $20.6M | ||
| Q3 24 | $9.4M | $24.3M | ||
| Q2 24 | $28.3M | $2.5M | ||
| Q1 24 | $5.8M | $15.2M |
自由现金流PLPCSHEN
| Q4 25 | $11.8M | $-78.6M | ||
| Q3 25 | $8.3M | $-51.4M | ||
| Q2 25 | $18.6M | $-65.3M | ||
| Q1 25 | $-5.3M | $-62.7M | ||
| Q4 24 | $20.6M | $-72.0M | ||
| Q3 24 | $5.8M | $-51.3M | ||
| Q2 24 | $24.6M | $-78.3M | ||
| Q1 24 | $1.8M | $-54.9M |
自由现金流率PLPCSHEN
| Q4 25 | 6.8% | -85.8% | ||
| Q3 25 | 4.7% | -57.2% | ||
| Q2 25 | 10.9% | -73.7% | ||
| Q1 25 | -3.6% | -71.3% | ||
| Q4 24 | 12.3% | -84.3% | ||
| Q3 24 | 3.9% | -58.5% | ||
| Q2 24 | 17.7% | -91.3% | ||
| Q1 24 | 1.3% | -79.3% |
资本支出强度PLPCSHEN
| Q4 25 | 5.9% | 117.2% | ||
| Q3 25 | 6.0% | 91.4% | ||
| Q2 25 | 4.9% | 97.3% | ||
| Q1 25 | 7.4% | 94.7% | ||
| Q4 24 | 2.1% | 108.4% | ||
| Q3 24 | 2.4% | 86.2% | ||
| Q2 24 | 2.7% | 94.2% | ||
| Q1 24 | 2.8% | 101.2% |
现金转化率PLPCSHEN
| Q4 25 | 2.60× | — | ||
| Q3 25 | 7.21× | — | ||
| Q2 25 | 2.12× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 2.30× | — | ||
| Q3 24 | 1.22× | — | ||
| Q2 24 | 3.02× | — | ||
| Q1 24 | 0.60× | 0.07× |
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
PLPC
暂无分部数据
SHEN
| Residential And SMB Incumbent Broadband | $41.5M | 45% |
| Residential And SMB Glo Fiber Expansion Markets | $23.0M | 25% |
| Commercial Fiber | $20.3M | 22% |
| RLEC Other | $6.8M | 7% |
