vs
Shimmick Corp（SHIM）与Southland Holdings, Inc.（SLND）财务数据对比。点击上方公司名可切换其他公司
Shimmick Corp的季度营收约是Southland Holdings, Inc.的1.4倍（$141.9M vs $104.0M）。Shimmick Corp净利率更高（-3.1% vs -208.2%，领先205.1%）。Southland Holdings, Inc.自由现金流更多（$9.3M vs $-28.7M）。过去两年Shimmick Corp的营收复合增速更高（-10.1% vs -39.9%）
Shimmick Corp是一家总部位于美国的重型民用建筑企业，专注于水处理设施、交通系统、大坝工程、环境修复等关键公共基础设施的建造与升级，主要服务北美各级政府客户，承接各类复杂大型建筑项目。
Southland Holdings, Inc.是北美知名基础设施建设企业，主营公路、桥梁、机场等交通工程、水处理系统搭建及商业场地开发业务，服务公共部门及私营领域客户，业务覆盖北美核心市场。
SHIM vs SLND — 直观对比
营收规模更大
SHIM
是对方的1.4倍
$104.0M
净利率更高
SHIM
高出205.1%
-208.2%
自由现金流更多
SLND
多$38.0M
$-28.7M
两年增速更快
SHIM
近两年复合增速
-39.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $141.9M | $104.0M |
| 净利润 | $-4.4M | $-216.4M |
| 毛利率 | 7.6% | -186.0% |
| 营业利润率 | -2.2% | -202.4% |
| 净利率 | -3.1% | -208.2% |
| 营收同比 | — | -61.1% |
| 净利润同比 | — | -5108.5% |
| 每股收益（稀释后） | $-0.12 | $-4.01 |
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SHIMSLND
| Q4 25 | $141.9M | $104.0M | ||
| Q3 25 | $128.4M | $213.3M | ||
| Q2 25 | $122.1M | $215.4M | ||
| Q1 25 | $103.6M | $239.5M | ||
| Q4 24 | — | $267.3M | ||
| Q3 24 | $166.0M | $173.3M | ||
| Q2 24 | $90.6M | $251.5M | ||
| Q1 24 | $120.0M | $288.1M |
净利润SHIMSLND
| Q4 25 | $-4.4M | $-216.4M | ||
| Q3 25 | $-8.5M | $-75.3M | ||
| Q2 25 | $-9.8M | $-10.3M | ||
| Q1 25 | $-38.5M | $-4.6M | ||
| Q4 24 | — | $-4.2M | ||
| Q3 24 | $-1.6M | $-54.7M | ||
| Q2 24 | $-51.4M | $-46.1M | ||
| Q1 24 | $-33.3M | $-406.0K |
毛利率SHIMSLND
| Q4 25 | 7.6% | -186.0% | ||
| Q3 25 | 6.3% | 1.5% | ||
| Q2 25 | 3.8% | 6.2% | ||
| Q1 25 | -20.1% | 9.0% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | 7.3% | -29.5% | ||
| Q2 24 | -34.4% | -15.9% | ||
| Q1 24 | -13.2% | 7.1% |
营业利润率SHIMSLND
| Q4 25 | -2.2% | -202.4% | ||
| Q3 25 | -5.5% | -5.3% | ||
| Q2 25 | -7.3% | -0.1% | ||
| Q1 25 | -39.3% | 2.1% | ||
| Q4 24 | — | -3.0% | ||
| Q3 24 | 0.7% | -39.6% | ||
| Q2 24 | -53.0% | -22.1% | ||
| Q1 24 | -26.5% | 2.1% |
净利率SHIMSLND
| Q4 25 | -3.1% | -208.2% | ||
| Q3 25 | -6.6% | -35.3% | ||
| Q2 25 | -8.0% | -4.8% | ||
| Q1 25 | -37.1% | -1.9% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | -0.9% | -31.6% | ||
| Q2 24 | -56.7% | -18.3% | ||
| Q1 24 | -27.8% | -0.1% |
每股收益（稀释后）SHIMSLND
| Q4 25 | $-0.12 | $-4.01 | ||
| Q3 25 | $-0.25 | $-1.39 | ||
| Q2 25 | $-0.28 | $-0.19 | ||
| Q1 25 | $-0.92 | $-0.08 | ||
| Q4 24 | — | $-0.08 | ||
| Q3 24 | $-0.05 | $-1.14 | ||
| Q2 24 | $-1.83 | $-0.96 | ||
| Q1 24 | $-1.30 | $-0.01 |
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 | $17.6M | $52.7M |
| 总债务越低越好 | $57.5M | $257.7M |
| 股东权益账面价值 | $-52.7M | $-140.9M |
| 总资产 | $218.5M | $989.3M |
| 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SHIMSLND
| Q4 25 | $17.6M | $52.7M | ||
| Q3 25 | $21.4M | $40.5M | ||
| Q2 25 | $16.3M | $46.5M | ||
| Q1 25 | $33.7M | $65.1M | ||
| Q4 24 | — | $72.2M | ||
| Q3 24 | $26.0M | $91.4M | ||
| Q2 24 | $22.4M | $52.4M | ||
| Q1 24 | $27.3M | $31.2M |
总债务SHIMSLND
| Q4 25 | $57.5M | $257.7M | ||
| Q3 25 | $36.4M | $267.8M | ||
| Q2 25 | $31.4M | $278.6M | ||
| Q1 25 | $9.5M | $288.1M | ||
| Q4 24 | — | $300.1M | ||
| Q3 24 | $39.9M | $318.3M | ||
| Q2 24 | — | $307.8M | ||
| Q1 24 | $31.5M | $302.0M |
股东权益SHIMSLND
| Q4 25 | $-52.7M | $-140.9M | ||
| Q3 25 | $-49.5M | $75.0M | ||
| Q2 25 | $-42.6M | $151.1M | ||
| Q1 25 | $-34.7M | $159.1M | ||
| Q4 24 | — | $163.7M | ||
| Q3 24 | $973.0K | $149.1M | ||
| Q2 24 | $436.0K | $203.3M | ||
| Q1 24 | $38.1M | $249.3M |
总资产SHIMSLND
| Q4 25 | $218.5M | $989.3M | ||
| Q3 25 | $203.0M | $1.1B | ||
| Q2 25 | $227.7M | $1.2B | ||
| Q1 25 | $233.9M | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $346.7M | $1.2B | ||
| Q2 24 | $344.5M | $1.3B | ||
| Q1 24 | $378.0M | $1.2B |
负债/权益比SHIMSLND
| Q4 25 | — | — | ||
| Q3 25 | — | 3.57× | ||
| Q2 25 | — | 1.84× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 1.83× | ||
| Q3 24 | 41.01× | 2.14× | ||
| Q2 24 | — | 1.51× | ||
| Q1 24 | 0.83× | 1.21× |
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 | $-23.7M | $9.7M |
| 自由现金流经营现金流 - 资本支出 | $-28.7M | $9.3M |
| 自由现金流率自由现金流/营收 | -20.2% | 8.9% |
| 资本支出强度资本支出/营收 | 3.5% | 0.4% |
| 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 | $-27.2M | $12.7M |
8季度趋势，按日历期对齐
经营现金流SHIMSLND
| Q4 25 | $-23.7M | $9.7M | ||
| Q3 25 | $-3.8M | $5.9M | ||
| Q2 25 | $-38.2M | $-5.4M | ||
| Q1 25 | $44.9M | $6.4M | ||
| Q4 24 | — | $-10.3M | ||
| Q3 24 | $12.7M | $-5.3M | ||
| Q2 24 | $-43.9M | $27.4M | ||
| Q1 24 | $-35.0M | $-9.9M |
自由现金流SHIMSLND
| Q4 25 | $-28.7M | $9.3M | ||
| Q3 25 | $-4.2M | $5.3M | ||
| Q2 25 | $-38.7M | $-6.5M | ||
| Q1 25 | $44.4M | $4.6M | ||
| Q4 24 | — | $-11.5M | ||
| Q3 24 | $10.3M | $-7.3M | ||
| Q2 24 | $-46.8M | $26.3M | ||
| Q1 24 | $-39.6M | $-13.0M |
自由现金流率SHIMSLND
| Q4 25 | -20.2% | 8.9% | ||
| Q3 25 | -3.2% | 2.5% | ||
| Q2 25 | -31.7% | -3.0% | ||
| Q1 25 | 42.9% | 1.9% | ||
| Q4 24 | — | -4.3% | ||
| Q3 24 | 6.2% | -4.2% | ||
| Q2 24 | -51.7% | 10.5% | ||
| Q1 24 | -33.0% | -4.5% |
资本支出强度SHIMSLND
| Q4 25 | 3.5% | 0.4% | ||
| Q3 25 | 0.3% | 0.3% | ||
| Q2 25 | 0.4% | 0.5% | ||
| Q1 25 | 0.5% | 0.7% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | 1.4% | 1.1% | ||
| Q2 24 | 3.3% | 0.4% | ||
| Q1 24 | 3.8% | 1.1% |
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
SHIM
| Shimmick Projects | $106.8M | 75% |
| Non Core Projects | $35.1M | 25% |
SLND
| Civil | $58.4M | 56% |
| Transportation | $45.6M | 44% |
