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先锋自然资源公司（PR）与威世（VSH）财务数据对比。点击上方公司名可切换其他公司
先锋自然资源公司的季度营收约是威世的1.5倍（$1.2B vs $800.9M），先锋自然资源公司净利率更高（29.0% vs 0.1%，领先28.9%），威世同比增速更快（12.1% vs -9.8%），过去两年威世的营收复合增速更高（3.6% vs -3.0%）
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
威世（Vishay Intertechnology）是美国知名的分立半导体与被动电子元器件制造商，由企业家菲利克斯·赞德曼创立。公司在以色列、亚洲、欧洲、美洲均设有生产基地，产品覆盖整流器、二极管、MOSFET、光电器件、精选集成电路、电阻器、电容器、电感器等品类，2024年营收达29亿美元，全球全职员工约2.27万人。
PR vs VSH — 直观对比
营收规模更大
PR
是对方的1.5倍
$800.9M
营收增速更快
VSH
高出21.8%
-9.8%
净利率更高
PR
高出28.9%
0.1%
两年增速更快
VSH
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $800.9M |
| 净利润 | $339.5M | $986.0K |
| 毛利率 | — | 19.6% |
| 营业利润率 | 23.1% | 1.8% |
| 净利率 | 29.0% | 0.1% |
| 营收同比 | -9.8% | 12.1% |
| 净利润同比 | 56.7% | 101.5% |
| 每股收益（稀释后） | $0.48 | $0.01 |
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PRVSH
| Q4 25 | $1.2B | $800.9M | ||
| Q3 25 | $1.3B | $790.6M | ||
| Q2 25 | $1.2B | $762.3M | ||
| Q1 25 | $1.4B | $715.2M | ||
| Q4 24 | $1.3B | $714.7M | ||
| Q3 24 | $1.2B | $735.4M | ||
| Q2 24 | $1.2B | $741.2M | ||
| Q1 24 | $1.2B | $746.3M |
净利润PRVSH
| Q4 25 | $339.5M | $986.0K | ||
| Q3 25 | $59.2M | $-7.9M | ||
| Q2 25 | $207.1M | $2.0M | ||
| Q1 25 | $329.3M | $-4.1M | ||
| Q4 24 | $216.7M | $-66.1M | ||
| Q3 24 | $386.4M | $-19.3M | ||
| Q2 24 | $235.1M | $23.5M | ||
| Q1 24 | $146.6M | $30.9M |
毛利率PRVSH
| Q4 25 | — | 19.6% | ||
| Q3 25 | — | 19.5% | ||
| Q2 25 | — | 19.5% | ||
| Q1 25 | — | 19.0% | ||
| Q4 24 | — | 19.9% | ||
| Q3 24 | — | 20.5% | ||
| Q2 24 | — | 22.0% | ||
| Q1 24 | — | 22.8% |
营业利润率PRVSH
| Q4 25 | 23.1% | 1.8% | ||
| Q3 25 | 29.6% | 2.4% | ||
| Q2 25 | 24.8% | 2.9% | ||
| Q1 25 | 36.6% | 0.1% | ||
| Q4 24 | 32.8% | -7.9% | ||
| Q3 24 | 32.5% | -2.5% | ||
| Q2 24 | 36.5% | 5.1% | ||
| Q1 24 | 37.7% | 5.7% |
净利率PRVSH
| Q4 25 | 29.0% | 0.1% | ||
| Q3 25 | 4.5% | -1.0% | ||
| Q2 25 | 17.3% | 0.3% | ||
| Q1 25 | 23.9% | -0.6% | ||
| Q4 24 | 16.7% | -9.2% | ||
| Q3 24 | 31.8% | -2.6% | ||
| Q2 24 | 18.9% | 3.2% | ||
| Q1 24 | 11.8% | 4.1% |
每股收益（稀释后）PRVSH
| Q4 25 | $0.48 | $0.01 | ||
| Q3 25 | $0.08 | $-0.06 | ||
| Q2 25 | $0.28 | $0.01 | ||
| Q1 25 | $0.44 | $-0.03 | ||
| Q4 24 | $0.31 | $-0.48 | ||
| Q3 24 | $0.53 | $-0.14 | ||
| Q2 24 | $0.36 | $0.17 | ||
| Q1 24 | $0.25 | $0.22 |
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 | $153.7M | $515.0M |
| 总债务越低越好 | $3.5B | $950.9M |
| 股东权益账面价值 | $10.3B | $2.1B |
| 总资产 | $17.9B | $4.2B |
| 负债/权益比越低杠杆越低 | 0.34× | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资PRVSH
| Q4 25 | $153.7M | $515.0M | ||
| Q3 25 | $111.8M | $443.9M | ||
| Q2 25 | $451.0M | $473.9M | ||
| Q1 25 | $702.2M | $609.4M | ||
| Q4 24 | $479.3M | $590.3M | ||
| Q3 24 | $272.0M | $643.8M | ||
| Q2 24 | $47.8M | $672.7M | ||
| Q1 24 | $12.7M | $796.5M |
总债务PRVSH
| Q4 25 | $3.5B | $950.9M | ||
| Q3 25 | $3.5B | $919.7M | ||
| Q2 25 | $4.0B | $914.5M | ||
| Q1 25 | $4.0B | $988.2M | ||
| Q4 24 | $4.2B | $905.0M | ||
| Q3 24 | $4.2B | $820.8M | ||
| Q2 24 | $3.9B | $820.6M | ||
| Q1 24 | $3.9B | $819.4M |
股东权益PRVSH
| Q4 25 | $10.3B | $2.1B | ||
| Q3 25 | $10.0B | $2.1B | ||
| Q2 25 | $9.5B | $2.1B | ||
| Q1 25 | $9.4B | $2.0B | ||
| Q4 24 | $9.1B | $2.0B | ||
| Q3 24 | $9.0B | $2.2B | ||
| Q2 24 | $8.3B | $2.2B | ||
| Q1 24 | $7.0B | $2.2B |
总资产PRVSH
| Q4 25 | $17.9B | $4.2B | ||
| Q3 25 | $17.3B | $4.2B | ||
| Q2 25 | $17.5B | $4.2B | ||
| Q1 25 | $17.1B | $4.2B | ||
| Q4 24 | $16.9B | $4.1B | ||
| Q3 24 | $16.6B | $4.2B | ||
| Q2 24 | $15.4B | $4.2B | ||
| Q1 24 | $15.1B | $4.3B |
负债/权益比PRVSH
| Q4 25 | 0.34× | 0.46× | ||
| Q3 25 | 0.35× | 0.44× | ||
| Q2 25 | 0.42× | 0.44× | ||
| Q1 25 | 0.43× | 0.49× | ||
| Q4 24 | 0.46× | 0.45× | ||
| Q3 24 | 0.47× | 0.38× | ||
| Q2 24 | 0.46× | 0.38× | ||
| Q1 24 | 0.56× | 0.38× |
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 | $904.3M | $149.4M |
| 自由现金流经营现金流 - 资本支出 | — | $54.6M |
| 自由现金流率自由现金流/营收 | — | 6.8% |
| 资本支出强度资本支出/营收 | — | 11.8% |
| 现金转化率经营现金流/净利润 | 2.66× | 151.48× |
| 过去12个月自由现金流最近4个季度 | — | $-89.0M |
8季度趋势，按日历期对齐
经营现金流PRVSH
| Q4 25 | $904.3M | $149.4M | ||
| Q3 25 | $766.5M | $27.6M | ||
| Q2 25 | $1.0B | $-8.8M | ||
| Q1 25 | $898.0M | $16.1M | ||
| Q4 24 | $871.6M | $67.7M | ||
| Q3 24 | $954.4M | $50.6M | ||
| Q2 24 | $938.4M | $-24.7M | ||
| Q1 24 | $647.6M | $80.2M |
自由现金流PRVSH
| Q4 25 | — | $54.6M | ||
| Q3 25 | — | $-24.7M | ||
| Q2 25 | — | $-73.4M | ||
| Q1 25 | — | $-45.5M | ||
| Q4 24 | — | $-77.2M | ||
| Q3 24 | — | $-9.0M | ||
| Q2 24 | — | $-87.3M | ||
| Q1 24 | — | $27.1M |
自由现金流率PRVSH
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | -3.1% | ||
| Q2 25 | — | -9.6% | ||
| Q1 25 | — | -6.4% | ||
| Q4 24 | — | -10.8% | ||
| Q3 24 | — | -1.2% | ||
| Q2 24 | — | -11.8% | ||
| Q1 24 | — | 3.6% |
资本支出强度PRVSH
| Q4 25 | — | 11.8% | ||
| Q3 25 | — | 6.6% | ||
| Q2 25 | — | 8.5% | ||
| Q1 25 | — | 8.6% | ||
| Q4 24 | — | 20.3% | ||
| Q3 24 | — | 8.1% | ||
| Q2 24 | — | 8.4% | ||
| Q1 24 | — | 7.1% |
现金转化率PRVSH
| Q4 25 | 2.66× | 151.48× | ||
| Q3 25 | 12.94× | — | ||
| Q2 25 | 5.01× | -4.39× | ||
| Q1 25 | 2.73× | — | ||
| Q4 24 | 4.02× | — | ||
| Q3 24 | 2.47× | — | ||
| Q2 24 | 3.99× | -1.05× | ||
| Q1 24 | 4.42× | 2.59× |
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
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
VSH
| Resistors Segment | $189.4M | 24% |
| Diodes Segment | $154.2M | 19% |
| Capacitors Segment | $136.5M | 17% |
| Other | $126.4M | 16% |
| Inductors Segment | $92.6M | 12% |
| Optoelectronic Components Segment | $55.7M | 7% |
| EMS Companies | $51.6M | 6% |
