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REX AMERICAN RESOURCES Corp（REX）与碳博士控股（TANH）财务数据对比。点击上方公司名可切换其他公司
REX AMERICAN RESOURCES Corp的季度营收约是碳博士控股的8.2倍（$175.6M vs $21.5M）。REX AMERICAN RESOURCES Corp净利率更高（15.6% vs 8.2%，领先7.4%）。REX AMERICAN RESOURCES Corp同比增速更快（0.4% vs -0.2%）
REX美国资源公司是一家美国能源企业，1980年成立，总部位于俄亥俄州代顿市。公司主营乙醇、酒糟与天然气的生产及零售，同时也对能源相关企业进行投资控股。目前全资拥有三家关联企业，截至2012年，公司旗下拥有22家全国性零售门店，并参股了五个乙醇生产项目。
碳博士控股是一家总部位于中国的特种制造企业，主要从事竹炭制品、高性能清洁能源材料及环保消费品的研发、生产与销售，客户覆盖中国本土及全球多个市场的消费品、工业材料及新能源领域。
REX vs TANH — 直观对比
营收规模更大
REX
是对方的8.2倍
$21.5M
营收增速更快
REX
高出0.6%
-0.2%
净利率更高
REX
高出7.4%
8.2%
损益表 — Q3 2026 vs Q2 2025
| 指标 | | |
|---|---|---|
| 营收 | $175.6M | $21.5M |
| 净利润 | $27.5M | $1.8M |
| 毛利率 | 20.6% | 22.2% |
| 营业利润率 | 20.2% | 10.8% |
| 净利率 | 15.6% | 8.2% |
| 营收同比 | 0.4% | -0.2% |
| 净利润同比 | -8.7% | 59.8% |
| 每股收益（稀释后） | $0.71 | — |
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REXTANH
| Q4 25 | $175.6M | — | ||
| Q3 25 | $158.6M | — | ||
| Q2 25 | $158.3M | $21.5M | ||
| Q1 25 | $158.2M | — | ||
| Q4 24 | $174.9M | — | ||
| Q3 24 | $148.2M | — | ||
| Q2 24 | $161.2M | $21.5M | ||
| Q1 24 | $187.6M | — |
净利润REXTANH
| Q4 25 | $27.5M | — | ||
| Q3 25 | $9.3M | — | ||
| Q2 25 | $10.7M | $1.8M | ||
| Q1 25 | $14.1M | — | ||
| Q4 24 | $30.1M | — | ||
| Q3 24 | $15.0M | — | ||
| Q2 24 | $12.3M | $1.1M | ||
| Q1 24 | $25.3M | — |
毛利率REXTANH
| Q4 25 | 20.6% | — | ||
| Q3 25 | 9.0% | — | ||
| Q2 25 | 9.1% | 22.2% | ||
| Q1 25 | 11.1% | — | ||
| Q4 24 | 22.7% | — | ||
| Q3 24 | 13.3% | — | ||
| Q2 24 | 9.0% | 22.3% | ||
| Q1 24 | 16.2% | — |
营业利润率REXTANH
| Q4 25 | 20.2% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 10.8% | ||
| Q1 25 | 11.3% | — | ||
| Q4 24 | 22.6% | — | ||
| Q3 24 | 13.2% | — | ||
| Q2 24 | 9.9% | 8.0% | ||
| Q1 24 | 17.3% | — |
净利率REXTANH
| Q4 25 | 15.6% | — | ||
| Q3 25 | 5.9% | — | ||
| Q2 25 | 6.7% | 8.2% | ||
| Q1 25 | 8.9% | — | ||
| Q4 24 | 17.2% | — | ||
| Q3 24 | 10.1% | — | ||
| Q2 24 | 7.6% | 5.1% | ||
| Q1 24 | 13.5% | — |
每股收益（稀释后）REXTANH
| Q4 25 | $0.71 | — | ||
| Q3 25 | $0.43 | — | ||
| Q2 25 | $0.51 | — | ||
| Q1 25 | $-0.32 | — | ||
| Q4 24 | $0.69 | — | ||
| Q3 24 | $0.70 | — | ||
| Q2 24 | $0.58 | $0.21 | ||
| Q1 24 | $-0.58 | — |
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 | $335.5M | $35.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $566.9M | $128.3M |
| 总资产 | $750.1M | $143.0M |
| 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REXTANH
| Q4 25 | $335.5M | — | ||
| Q3 25 | $310.5M | — | ||
| Q2 25 | $315.9M | $35.2M | ||
| Q1 25 | $359.1M | — | ||
| Q4 24 | $365.1M | — | ||
| Q3 24 | $346.0M | — | ||
| Q2 24 | $351.8M | $34.2M | ||
| Q1 24 | $378.7M | — |
股东权益REXTANH
| Q4 25 | $566.9M | — | ||
| Q3 25 | $545.8M | — | ||
| Q2 25 | $536.4M | $128.3M | ||
| Q1 25 | $560.3M | — | ||
| Q4 24 | $564.5M | — | ||
| Q3 24 | $539.6M | — | ||
| Q2 24 | $524.5M | $126.0M | ||
| Q1 24 | $513.9M | — |
总资产REXTANH
| Q4 25 | $750.1M | — | ||
| Q3 25 | $700.6M | — | ||
| Q2 25 | $693.8M | $143.0M | ||
| Q1 25 | $720.0M | — | ||
| Q4 24 | $715.7M | — | ||
| Q3 24 | $680.0M | — | ||
| Q2 24 | $671.0M | $142.2M | ||
| Q1 24 | $664.8M | — |
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 | $51.2M | — |
| 自由现金流经营现金流 - 资本支出 | $24.5M | — |
| 自由现金流率自由现金流/营收 | 14.0% | — |
| 资本支出强度资本支出/营收 | 15.2% | — |
| 现金转化率经营现金流/净利润 | 1.87× | — |
| 过去12个月自由现金流最近4个季度 | $17.6M | — |
8季度趋势，按日历期对齐
经营现金流REXTANH
| Q4 25 | $51.2M | — | ||
| Q3 25 | $16.3M | — | ||
| Q2 25 | $-3.5M | — | ||
| Q1 25 | $25.1M | — | ||
| Q4 24 | $33.4M | — | ||
| Q3 24 | $8.0M | — | ||
| Q2 24 | $-2.3M | $4.4M | ||
| Q1 24 | $62.5M | — |
自由现金流REXTANH
| Q4 25 | $24.5M | — | ||
| Q3 25 | $-5.7M | — | ||
| Q2 25 | $-10.4M | — | ||
| Q1 25 | $9.2M | — | ||
| Q4 24 | $18.2M | — | ||
| Q3 24 | $-7.4M | — | ||
| Q2 24 | $-27.1M | $4.4M | ||
| Q1 24 | $47.2M | — |
自由现金流率REXTANH
| Q4 25 | 14.0% | — | ||
| Q3 25 | -3.6% | — | ||
| Q2 25 | -6.6% | — | ||
| Q1 25 | 5.8% | — | ||
| Q4 24 | 10.4% | — | ||
| Q3 24 | -5.0% | — | ||
| Q2 24 | -16.8% | 20.6% | ||
| Q1 24 | 25.2% | — |
资本支出强度REXTANH
| Q4 25 | 15.2% | — | ||
| Q3 25 | 13.9% | — | ||
| Q2 25 | 4.4% | — | ||
| Q1 25 | 10.0% | — | ||
| Q4 24 | 8.7% | — | ||
| Q3 24 | 10.4% | — | ||
| Q2 24 | 15.4% | 0.1% | ||
| Q1 24 | 8.2% | — |
现金转化率REXTANH
| Q4 25 | 1.87× | — | ||
| Q3 25 | 1.75× | — | ||
| Q2 25 | -0.33× | — | ||
| Q1 25 | 1.78× | — | ||
| Q4 24 | 1.11× | — | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | -0.18× | 4.01× | ||
| Q1 24 | 2.47× | — |
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
REX
| Ethanol | $136.0M | 77% |
| Dried Distillers Grains | $22.4M | 13% |
| Distillers Corn Oil | $16.4M | 9% |
| Modified Distillers Grains | $1.2M | 1% |
TANH
| Revenue from China | $20.9M | 97% |
| Revenue directly from foreign countries | $602.2K | 3% |
