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SANDRIDGE ENERGY INC（SD）与STEM, INC.（STEM）财务数据对比。点击上方公司名可切换其他公司
STEM, INC.的季度营收约是SANDRIDGE ENERGY INC的1.2倍（$47.1M vs $39.4M），SANDRIDGE ENERGY INC净利率更高（54.9% vs -33.9%，领先88.8%），SANDRIDGE ENERGY INC同比增速更快（1.1% vs -15.6%），过去两年STEM, INC.的营收复合增速更高（36.1% vs 14.1%）
桑德里奇能源公司是一家专注于油气勘探开发的能源企业，核心业务区域位于美国中大陆地区。公司依照特拉华州法律注册设立，总部设于俄克拉荷马州俄克拉荷马城，是北美本土颇具影响力的独立油气生产商。
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。
SD vs STEM — 直观对比
营收规模更大
STEM
是对方的1.2倍
$39.4M
营收增速更快
SD
高出16.6%
-15.6%
净利率更高
SD
高出88.8%
-33.9%
两年增速更快
STEM
近两年复合增速
14.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $39.4M | $47.1M |
| 净利润 | $21.6M | $-16.0M |
| 毛利率 | — | 48.9% |
| 营业利润率 | 38.5% | -17.7% |
| 净利率 | 54.9% | -33.9% |
| 营收同比 | 1.1% | -15.6% |
| 净利润同比 | 23.1% | 68.8% |
| 每股收益（稀释后） | $0.59 | $-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SDSTEM
| Q4 25 | $39.4M | $47.1M | ||
| Q3 25 | $39.8M | $38.2M | ||
| Q2 25 | $34.5M | $38.4M | ||
| Q1 25 | $42.6M | $32.5M | ||
| Q4 24 | $39.0M | $55.8M | ||
| Q3 24 | $30.1M | $29.3M | ||
| Q2 24 | $26.0M | $34.0M | ||
| Q1 24 | $30.3M | $25.5M |
净利润SDSTEM
| Q4 25 | $21.6M | $-16.0M | ||
| Q3 25 | $16.0M | $-23.8M | ||
| Q2 25 | $19.6M | $202.5M | ||
| Q1 25 | $13.0M | $-25.0M | ||
| Q4 24 | $17.6M | $-51.1M | ||
| Q3 24 | $25.5M | $-148.3M | ||
| Q2 24 | $8.8M | $-582.3M | ||
| Q1 24 | $11.1M | $-72.3M |
毛利率SDSTEM
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | — | -95.0% |
营业利润率SDSTEM
| Q4 25 | 38.5% | -17.7% | ||
| Q3 25 | 37.8% | -33.6% | ||
| Q2 25 | 53.7% | -34.8% | ||
| Q1 25 | 28.6% | -65.0% | ||
| Q4 24 | 25.9% | -84.4% | ||
| Q3 24 | 28.3% | -493.2% | ||
| Q2 24 | 23.9% | -1705.5% | ||
| Q1 24 | 27.8% | -267.0% |
净利率SDSTEM
| Q4 25 | 54.9% | -33.9% | ||
| Q3 25 | 40.1% | -62.2% | ||
| Q2 25 | 56.6% | 527.8% | ||
| Q1 25 | 30.6% | -76.9% | ||
| Q4 24 | 45.1% | -91.6% | ||
| Q3 24 | 84.8% | -506.3% | ||
| Q2 24 | 33.9% | -1712.6% | ||
| Q1 24 | 36.7% | -283.9% |
每股收益（稀释后）SDSTEM
| Q4 25 | $0.59 | $-4.40 | ||
| Q3 25 | $0.43 | $-2.84 | ||
| Q2 25 | $0.53 | $-1.79 | ||
| Q1 25 | $0.35 | $-0.15 | ||
| Q4 24 | $0.46 | $-15.29 | ||
| Q3 24 | $0.69 | $-18.24 | ||
| Q2 24 | $0.24 | $-71.81 | ||
| Q1 24 | $0.30 | $-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 | $111.0M | $48.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $510.9M | $-249.4M |
| 总资产 | $644.0M | $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SDSTEM
| Q4 25 | $111.0M | $48.9M | ||
| Q3 25 | $101.2M | $43.1M | ||
| Q2 25 | $102.8M | $40.8M | ||
| Q1 25 | $99.7M | $58.6M | ||
| Q4 24 | $98.1M | $56.3M | ||
| Q3 24 | $92.7M | $75.4M | ||
| Q2 24 | $209.9M | $89.6M | ||
| Q1 24 | $207.0M | $112.8M |
股东权益SDSTEM
| Q4 25 | $510.9M | $-249.4M | ||
| Q3 25 | $492.4M | $-235.7M | ||
| Q2 25 | $480.2M | $-214.1M | ||
| Q1 25 | $464.9M | $-417.5M | ||
| Q4 24 | $460.5M | $-398.4M | ||
| Q3 24 | $446.8M | $-344.1M | ||
| Q2 24 | $424.8M | $-203.2M | ||
| Q1 24 | $419.7M | $371.6M |
总资产SDSTEM
| Q4 25 | $644.0M | $308.9M | ||
| Q3 25 | $619.0M | $362.6M | ||
| Q2 25 | $602.3M | $379.2M | ||
| Q1 25 | $588.3M | $405.1M | ||
| Q4 24 | $581.5M | $437.4M | ||
| Q3 24 | $565.2M | $537.8M | ||
| Q2 24 | $529.6M | $691.5M | ||
| Q1 24 | $527.4M | $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 | $31.7M | $8.2M |
| 自由现金流经营现金流 - 资本支出 | $14.4M | — |
| 自由现金流率自由现金流/营收 | 36.6% | — |
| 资本支出强度资本支出/营收 | 43.8% | — |
| 现金转化率经营现金流/净利润 | 1.46× | — |
| 过去12个月自由现金流最近4个季度 | $41.5M | — |
8季度趋势，按日历期对齐
经营现金流SDSTEM
| Q4 25 | $31.7M | $8.2M | ||
| Q3 25 | $25.3M | $11.4M | ||
| Q2 25 | $22.9M | $-21.3M | ||
| Q1 25 | $20.3M | $8.5M | ||
| Q4 24 | $26.0M | $-14.7M | ||
| Q3 24 | $20.8M | $-9.4M | ||
| Q2 24 | $11.4M | $-11.9M | ||
| Q1 24 | $15.7M | $-621.0K |
自由现金流SDSTEM
| Q4 25 | $14.4M | — | ||
| Q3 25 | $5.9M | — | ||
| Q2 25 | $7.3M | — | ||
| Q1 25 | $13.9M | — | ||
| Q4 24 | $13.2M | — | ||
| Q3 24 | $10.8M | — | ||
| Q2 24 | $9.0M | — | ||
| Q1 24 | $14.6M | — |
自由现金流率SDSTEM
| Q4 25 | 36.6% | — | ||
| Q3 25 | 14.9% | — | ||
| Q2 25 | 21.0% | — | ||
| Q1 25 | 32.7% | — | ||
| Q4 24 | 33.8% | — | ||
| Q3 24 | 36.1% | — | ||
| Q2 24 | 34.5% | — | ||
| Q1 24 | 48.1% | — |
资本支出强度SDSTEM
| Q4 25 | 43.8% | — | ||
| Q3 25 | 48.6% | — | ||
| Q2 25 | 45.2% | — | ||
| Q1 25 | 15.0% | — | ||
| Q4 24 | 32.9% | — | ||
| Q3 24 | 33.3% | — | ||
| Q2 24 | 9.4% | — | ||
| Q1 24 | 3.7% | — |
现金转化率SDSTEM
| Q4 25 | 1.46× | — | ||
| Q3 25 | 1.58× | — | ||
| Q2 25 | 1.17× | -0.11× | ||
| Q1 25 | 1.56× | — | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 0.82× | — | ||
| Q2 24 | 1.30× | — | ||
| Q1 24 | 1.41× | — |
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
SD
| Oil Reserves | $19.0M | 48% |
| Natural Gas Reserves | $11.6M | 30% |
| Natural Gas Liquids Reserves | $8.7M | 22% |
STEM
暂无分部数据
