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RICHARDSON ELECTRONICS, LTD.（RELL）与ARS Pharmaceuticals, Inc.（SPRY）财务数据对比。点击上方公司名可切换其他公司
RICHARDSON ELECTRONICS, LTD.的季度营收约是ARS Pharmaceuticals, Inc.的1.9倍（$52.3M vs $28.1M），RICHARDSON ELECTRONICS, LTD.净利率更高（-0.2% vs -147.1%，领先146.9%），RICHARDSON ELECTRONICS, LTD.同比增速更快（5.7% vs -67.6%）
詹姆斯·理查森集团（又名JR集团）是澳大利亚私有综合企业，业务涵盖家具、酒店、房地产及零售领域，总部位于墨尔本阿伯茨福德区，全球雇员约2300人。该企业最为消费者熟知的是其分布在澳大拉西亚和中东地区机场、边境口岸的免税零售门店，在以色列是家喻户晓的企业。
ARS Pharmaceuticals是一家处于后期研发阶段的生物制药企业，专注于开发和商业化严重过敏反应创新疗法，核心产品为无需注射的肾上腺素鼻腔递送制剂，主要面向北美市场，服务存在致命过敏风险的成人及儿童患者群体。
RELL vs SPRY — 直观对比
营收规模更大
RELL
是对方的1.9倍
$28.1M
营收增速更快
RELL
高出73.2%
-67.6%
净利率更高
RELL
高出146.9%
-147.1%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $52.3M | $28.1M |
| 净利润 | $-121.0K | $-41.3M |
| 毛利率 | 30.7% | — |
| 营业利润率 | 0.3% | -147.6% |
| 净利率 | -0.2% | -147.1% |
| 营收同比 | 5.7% | -67.6% |
| 净利润同比 | 83.9% | -182.8% |
| 每股收益（稀释后） | — | $-0.41 |
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RELLSPRY
| Q4 25 | $52.3M | $28.1M | ||
| Q3 25 | $54.6M | $32.5M | ||
| Q2 25 | — | $15.7M | ||
| Q1 25 | $53.8M | $8.0M | ||
| Q4 24 | $49.5M | $86.6M | ||
| Q3 24 | $53.7M | $2.1M | ||
| Q2 24 | — | $500.0K | ||
| Q1 24 | $52.4M | $0 |
净利润RELLSPRY
| Q4 25 | $-121.0K | $-41.3M | ||
| Q3 25 | $1.9M | $-51.2M | ||
| Q2 25 | — | $-44.9M | ||
| Q1 25 | $-2.1M | $-33.9M | ||
| Q4 24 | $-751.0K | $49.9M | ||
| Q3 24 | $590.0K | $-19.1M | ||
| Q2 24 | — | $-12.5M | ||
| Q1 24 | $750.0K | $-10.3M |
毛利率RELLSPRY
| Q4 25 | 30.7% | — | ||
| Q3 25 | 31.0% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 31.0% | — | ||
| Q4 24 | 31.0% | — | ||
| Q3 24 | 30.6% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 29.5% | — |
营业利润率RELLSPRY
| Q4 25 | 0.3% | -147.6% | ||
| Q3 25 | 1.8% | -163.7% | ||
| Q2 25 | — | -302.9% | ||
| Q1 25 | -5.1% | -466.3% | ||
| Q4 24 | -1.3% | 54.5% | ||
| Q3 24 | 0.6% | -1051.6% | ||
| Q2 24 | — | -3068.0% | ||
| Q1 24 | 1.9% | — |
净利率RELLSPRY
| Q4 25 | -0.2% | -147.1% | ||
| Q3 25 | 3.5% | -157.4% | ||
| Q2 25 | — | -285.6% | ||
| Q1 25 | -3.8% | -425.7% | ||
| Q4 24 | -1.5% | 57.7% | ||
| Q3 24 | 1.1% | -925.0% | ||
| Q2 24 | — | -2503.2% | ||
| Q1 24 | 1.4% | — |
每股收益（稀释后）RELLSPRY
| Q4 25 | — | $-0.41 | ||
| Q3 25 | — | $-0.52 | ||
| Q2 25 | — | $-0.46 | ||
| Q1 25 | — | $-0.35 | ||
| Q4 24 | — | $0.52 | ||
| Q3 24 | — | $-0.20 | ||
| Q2 24 | — | $-0.13 | ||
| Q1 24 | — | $-0.11 |
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 | $33.1M | $245.0M |
| 总债务越低越好 | — | $96.4M |
| 股东权益账面价值 | $158.5M | $114.3M |
| 总资产 | $201.8M | $327.7M |
| 负债/权益比越低杠杆越低 | — | 0.84× |
8季度趋势，按日历期对齐
现金及短期投资RELLSPRY
| Q4 25 | $33.1M | $245.0M | ||
| Q3 25 | $35.7M | $288.2M | ||
| Q2 25 | — | $240.1M | ||
| Q1 25 | $36.7M | $275.7M | ||
| Q4 24 | $26.6M | $314.0M | ||
| Q3 24 | $23.0M | $204.6M | ||
| Q2 24 | — | $218.7M | ||
| Q1 24 | $18.9M | $223.6M |
总债务RELLSPRY
| Q4 25 | — | $96.4M | ||
| Q3 25 | — | $96.2M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益RELLSPRY
| Q4 25 | $158.5M | $114.3M | ||
| Q3 25 | $159.4M | $147.7M | ||
| Q2 25 | — | $192.3M | ||
| Q1 25 | $152.9M | $229.0M | ||
| Q4 24 | $156.2M | $256.8M | ||
| Q3 24 | $159.1M | $201.0M | ||
| Q2 24 | — | $215.2M | ||
| Q1 24 | $158.6M | $223.9M |
总资产RELLSPRY
| Q4 25 | $201.8M | $327.7M | ||
| Q3 25 | $200.1M | $372.8M | ||
| Q2 25 | — | $313.5M | ||
| Q1 25 | $189.8M | $327.3M | ||
| Q4 24 | $195.2M | $351.2M | ||
| Q3 24 | $197.9M | $217.6M | ||
| Q2 24 | — | $222.0M | ||
| Q1 24 | $193.6M | $227.6M |
负债/权益比RELLSPRY
| Q4 25 | — | 0.84× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| 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 | $-99.0K | $-43.5M |
| 自由现金流经营现金流 - 资本支出 | $-1.7M | — |
| 自由现金流率自由现金流/营收 | -3.3% | — |
| 资本支出强度资本支出/营收 | 3.1% | 0.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $7.6M | — |
8季度趋势，按日历期对齐
经营现金流RELLSPRY
| Q4 25 | $-99.0K | $-43.5M | ||
| Q3 25 | $1.4M | $-47.0M | ||
| Q2 25 | — | $-39.6M | ||
| Q1 25 | $4.6M | $-40.7M | ||
| Q4 24 | $5.5M | $42.0M | ||
| Q3 24 | $412.0K | $-14.5M | ||
| Q2 24 | — | $-7.3M | ||
| Q1 24 | $-2.5M | $-6.7M |
自由现金流RELLSPRY
| Q4 25 | $-1.7M | — | ||
| Q3 25 | $342.0K | $-47.2M | ||
| Q2 25 | — | $-39.6M | ||
| Q1 25 | $4.1M | $-40.8M | ||
| Q4 24 | $4.9M | $41.7M | ||
| Q3 24 | $-514.0K | $-14.6M | ||
| Q2 24 | — | $-7.3M | ||
| Q1 24 | $-2.9M | $-6.8M |
自由现金流率RELLSPRY
| Q4 25 | -3.3% | — | ||
| Q3 25 | 0.6% | -145.4% | ||
| Q2 25 | — | -252.2% | ||
| Q1 25 | 7.5% | -512.1% | ||
| Q4 24 | 10.0% | 48.2% | ||
| Q3 24 | -1.0% | -706.3% | ||
| Q2 24 | — | -1463.4% | ||
| Q1 24 | -5.6% | — |
资本支出强度RELLSPRY
| Q4 25 | 3.1% | 0.0% | ||
| Q3 25 | 1.9% | 0.6% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | 1.0% | 1.1% | ||
| Q4 24 | 1.0% | 0.3% | ||
| Q3 24 | 1.7% | 6.8% | ||
| Q2 24 | — | 7.6% | ||
| Q1 24 | 0.8% | — |
现金转化率RELLSPRY
| Q4 25 | — | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.84× | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -3.37× | — |
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
RELL
| Power And Microwave Technologies Group | $35.2M | 67% |
| Canvys | $8.8M | 17% |
| Global Energy Solutions | $8.3M | 16% |
SPRY
| Products | $20.3M | 72% |
| Other | $7.8M | 28% |
