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RICHARDSON ELECTRONICS, LTD.（RELL）与STEM, INC.（STEM）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STEM, INC.的1.1倍（$52.3M vs $47.1M），RICHARDSON ELECTRONICS, LTD.净利率更高（-0.2% vs -33.9%，领先33.7%），RICHARDSON ELECTRONICS, LTD.同比增速更快（5.7% vs -15.6%），过去两年STEM, INC.的营收复合增速更高（36.1% vs -0.3%）
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。
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
RELL vs STEM — 直观对比
营收规模更大
RELL
是对方的1.1倍
$47.1M
营收增速更快
RELL
高出21.2%
-15.6%
净利率更高
RELL
高出33.7%
-33.9%
两年增速更快
STEM
近两年复合增速
-0.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $52.3M | $47.1M |
| 净利润 | $-121.0K | $-16.0M |
| 毛利率 | 30.7% | 48.9% |
| 营业利润率 | 0.3% | -17.7% |
| 净利率 | -0.2% | -33.9% |
| 营收同比 | 5.7% | -15.6% |
| 净利润同比 | 83.9% | 68.8% |
| 每股收益（稀释后） | — | $-4.40 |
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RELLSTEM
| Q4 25 | $52.3M | $47.1M | ||
| Q3 25 | $54.6M | $38.2M | ||
| Q2 25 | — | $38.4M | ||
| Q1 25 | $53.8M | $32.5M | ||
| Q4 24 | $49.5M | $55.8M | ||
| Q3 24 | $53.7M | $29.3M | ||
| Q2 24 | — | $34.0M | ||
| Q1 24 | $52.4M | $25.5M |
净利润RELLSTEM
| Q4 25 | $-121.0K | $-16.0M | ||
| Q3 25 | $1.9M | $-23.8M | ||
| Q2 25 | — | $202.5M | ||
| Q1 25 | $-2.1M | $-25.0M | ||
| Q4 24 | $-751.0K | $-51.1M | ||
| Q3 24 | $590.0K | $-148.3M | ||
| Q2 24 | — | $-582.3M | ||
| Q1 24 | $750.0K | $-72.3M |
毛利率RELLSTEM
| Q4 25 | 30.7% | 48.9% | ||
| Q3 25 | 31.0% | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | 31.0% | 32.4% | ||
| Q4 24 | 31.0% | -4.4% | ||
| Q3 24 | 30.6% | 21.2% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | 29.5% | -95.0% |
营业利润率RELLSTEM
| Q4 25 | 0.3% | -17.7% | ||
| Q3 25 | 1.8% | -33.6% | ||
| Q2 25 | — | -34.8% | ||
| Q1 25 | -5.1% | -65.0% | ||
| Q4 24 | -1.3% | -84.4% | ||
| Q3 24 | 0.6% | -493.2% | ||
| Q2 24 | — | -1705.5% | ||
| Q1 24 | 1.9% | -267.0% |
净利率RELLSTEM
| Q4 25 | -0.2% | -33.9% | ||
| Q3 25 | 3.5% | -62.2% | ||
| Q2 25 | — | 527.8% | ||
| Q1 25 | -3.8% | -76.9% | ||
| Q4 24 | -1.5% | -91.6% | ||
| Q3 24 | 1.1% | -506.3% | ||
| Q2 24 | — | -1712.6% | ||
| Q1 24 | 1.4% | -283.9% |
每股收益（稀释后）RELLSTEM
| Q4 25 | — | $-4.40 | ||
| Q3 25 | — | $-2.84 | ||
| Q2 25 | — | $-1.79 | ||
| Q1 25 | — | $-0.15 | ||
| Q4 24 | — | $-15.29 | ||
| Q3 24 | — | $-18.24 | ||
| Q2 24 | — | $-71.81 | ||
| Q1 24 | — | $-0.46 |
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 | $48.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $158.5M | $-249.4M |
| 总资产 | $201.8M | $308.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资RELLSTEM
| Q4 25 | $33.1M | $48.9M | ||
| Q3 25 | $35.7M | $43.1M | ||
| Q2 25 | — | $40.8M | ||
| Q1 25 | $36.7M | $58.6M | ||
| Q4 24 | $26.6M | $56.3M | ||
| Q3 24 | $23.0M | $75.4M | ||
| Q2 24 | — | $89.6M | ||
| Q1 24 | $18.9M | $112.8M |
股东权益RELLSTEM
| Q4 25 | $158.5M | $-249.4M | ||
| Q3 25 | $159.4M | $-235.7M | ||
| Q2 25 | — | $-214.1M | ||
| Q1 25 | $152.9M | $-417.5M | ||
| Q4 24 | $156.2M | $-398.4M | ||
| Q3 24 | $159.1M | $-344.1M | ||
| Q2 24 | — | $-203.2M | ||
| Q1 24 | $158.6M | $371.6M |
总资产RELLSTEM
| Q4 25 | $201.8M | $308.9M | ||
| Q3 25 | $200.1M | $362.6M | ||
| Q2 25 | — | $379.2M | ||
| Q1 25 | $189.8M | $405.1M | ||
| Q4 24 | $195.2M | $437.4M | ||
| Q3 24 | $197.9M | $537.8M | ||
| Q2 24 | — | $691.5M | ||
| Q1 24 | $193.6M | $1.3B |
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 | $8.2M |
| 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% | — |
| 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RELLSTEM
| Q4 25 | $-99.0K | $8.2M | ||
| Q3 25 | $1.4M | $11.4M | ||
| Q2 25 | — | $-21.3M | ||
| Q1 25 | $4.6M | $8.5M | ||
| Q4 24 | $5.5M | $-14.7M | ||
| Q3 24 | $412.0K | $-9.4M | ||
| Q2 24 | — | $-11.9M | ||
| Q1 24 | $-2.5M | $-621.0K |
自由现金流RELLSTEM
| Q4 25 | $-1.7M | — | ||
| Q3 25 | $342.0K | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $4.1M | — | ||
| Q4 24 | $4.9M | — | ||
| Q3 24 | $-514.0K | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $-2.9M | — |
自由现金流率RELLSTEM
| Q4 25 | -3.3% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 7.5% | — | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | -1.0% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -5.6% | — |
资本支出强度RELLSTEM
| Q4 25 | 3.1% | — | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.8% | — |
现金转化率RELLSTEM
| Q4 25 | — | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | — | -0.11× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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% |
STEM
暂无分部数据
