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SHOULDER INNOVATIONS, INC.（SI）与Simulations Plus, Inc.（SLP）财务数据对比。点击上方公司名可切换其他公司
Simulations Plus, Inc.的季度营收约是SHOULDER INNOVATIONS, INC.的1.6倍（$18.4M vs $11.8M），Simulations Plus, Inc.净利率更高（3.7% vs -74.3%，领先77.9%）
Shoulder Innovations Inc是一家专注于肩关节置换手术相关骨科医疗器械研发、生产与商业化的医疗科技企业，旗下产品可降低手术并发症风险、优化患者预后，主要面向北美、西欧等市场的骨科医师及医疗机构发售。
Simulations Plus公司为医药生物、化工、化妆品、食品原料及除草剂领域开发ADMET（吸收、分布、代谢、排泄和毒性）建模仿真软件，并于2014年9月收购了提供临床试验数据分析及咨询服务的Cognigen公司，助力相关行业研发工作开展。
SI vs SLP — 直观对比
营收规模更大
SLP
是对方的1.6倍
$11.8M
净利率更高
SLP
高出77.9%
-74.3%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $11.8M | $18.4M |
| 净利润 | $-8.7M | $676.0K |
| 毛利率 | 76.2% | 59.1% |
| 营业利润率 | -65.0% | 3.9% |
| 净利率 | -74.3% | 3.7% |
| 营收同比 | — | -2.7% |
| 净利润同比 | — | 228.2% |
| 每股收益（稀释后） | $-0.64 | $0.03 |
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SISLP
| Q4 25 | — | $18.4M | ||
| Q3 25 | $11.8M | $17.5M | ||
| Q2 25 | $11.0M | $20.4M | ||
| Q1 25 | — | $22.4M | ||
| Q4 24 | — | $18.9M | ||
| Q3 24 | — | $18.7M | ||
| Q2 24 | — | $18.5M | ||
| Q1 24 | — | $18.3M |
净利润SISLP
| Q4 25 | — | $676.0K | ||
| Q3 25 | $-8.7M | $-681.0K | ||
| Q2 25 | $-19.2M | $-67.3M | ||
| Q1 25 | — | $3.1M | ||
| Q4 24 | — | $206.0K | ||
| Q3 24 | — | $843.0K | ||
| Q2 24 | — | $3.1M | ||
| Q1 24 | — | $4.0M |
毛利率SISLP
| Q4 25 | — | 59.1% | ||
| Q3 25 | 76.2% | 56.4% | ||
| Q2 25 | 76.2% | 64.0% | ||
| Q1 25 | — | 58.5% | ||
| Q4 24 | — | 54.0% | ||
| Q3 24 | — | 36.6% | ||
| Q2 24 | — | 71.5% | ||
| Q1 24 | — | 72.2% |
营业利润率SISLP
| Q4 25 | — | 3.9% | ||
| Q3 25 | -65.0% | 3.8% | ||
| Q2 25 | -53.2% | -364.5% | ||
| Q1 25 | — | 12.1% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | -6.2% | ||
| Q2 24 | — | 10.1% | ||
| Q1 24 | — | 24.3% |
净利率SISLP
| Q4 25 | — | 3.7% | ||
| Q3 25 | -74.3% | -3.9% | ||
| Q2 25 | -174.3% | -330.6% | ||
| Q1 25 | — | 13.7% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 4.5% | ||
| Q2 24 | — | 16.9% | ||
| Q1 24 | — | 22.0% |
每股收益（稀释后）SISLP
| Q4 25 | — | $0.03 | ||
| Q3 25 | $-0.64 | $-0.03 | ||
| Q2 25 | $-165.53 | $-3.35 | ||
| Q1 25 | — | $0.15 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | — | $0.04 | ||
| Q2 24 | — | $0.15 | ||
| Q1 24 | — | $0.20 |
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 | $54.9M | $35.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $147.8M | $127.1M |
| 总资产 | $177.8M | $137.8M |
| 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SISLP
| Q4 25 | — | $35.7M | ||
| Q3 25 | $54.9M | $32.4M | ||
| Q2 25 | $27.1M | $28.4M | ||
| Q1 25 | — | $21.4M | ||
| Q4 24 | — | $18.2M | ||
| Q3 24 | — | $20.3M | ||
| Q2 24 | — | $119.0M | ||
| Q1 24 | — | $108.5M |
股东权益SISLP
| Q4 25 | — | $127.1M | ||
| Q3 25 | $147.8M | $124.8M | ||
| Q2 25 | $-78.2M | $123.8M | ||
| Q1 25 | — | $189.5M | ||
| Q4 24 | — | $184.7M | ||
| Q3 24 | — | $182.4M | ||
| Q2 24 | — | $180.9M | ||
| Q1 24 | — | $177.0M |
总资产SISLP
| Q4 25 | — | $137.8M | ||
| Q3 25 | $177.8M | $131.9M | ||
| Q2 25 | $77.8M | $134.4M | ||
| Q1 25 | — | $201.4M | ||
| Q4 24 | — | $196.9M | ||
| Q3 24 | — | $196.6M | ||
| Q2 24 | — | $192.7M | ||
| Q1 24 | — | $194.0M |
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 | $-8.6M | $4.2M |
| 自由现金流经营现金流 - 资本支出 | $-11.4M | — |
| 自由现金流率自由现金流/营收 | -96.7% | — |
| 资本支出强度资本支出/营收 | 23.9% | 0.0% |
| 现金转化率经营现金流/净利润 | — | 6.26× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流SISLP
| Q4 25 | — | $4.2M | ||
| Q3 25 | $-8.6M | $5.6M | ||
| Q2 25 | $-11.3M | $8.1M | ||
| Q1 25 | — | $5.7M | ||
| Q4 24 | — | $-1.3M | ||
| Q3 24 | — | $1.7M | ||
| Q2 24 | — | $5.7M | ||
| Q1 24 | — | $5.8M |
自由现金流SISLP
| Q4 25 | — | — | ||
| Q3 25 | $-11.4M | $5.3M | ||
| Q2 25 | $-13.6M | $7.8M | ||
| Q1 25 | — | $5.6M | ||
| Q4 24 | — | $-1.4M | ||
| Q3 24 | — | $1.6M | ||
| Q2 24 | — | $5.6M | ||
| Q1 24 | — | $5.4M |
自由现金流率SISLP
| Q4 25 | — | — | ||
| Q3 25 | -96.7% | 30.5% | ||
| Q2 25 | -123.4% | 38.5% | ||
| Q1 25 | — | 25.0% | ||
| Q4 24 | — | -7.2% | ||
| Q3 24 | — | 8.8% | ||
| Q2 24 | — | 30.0% | ||
| Q1 24 | — | 29.4% |
资本支出强度SISLP
| Q4 25 | — | 0.0% | ||
| Q3 25 | 23.9% | 1.5% | ||
| Q2 25 | 21.0% | 1.5% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 2.4% |
现金转化率SISLP
| Q4 25 | — | 6.26× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.84× | ||
| Q4 24 | — | -6.18× | ||
| Q3 24 | — | 1.97× | ||
| Q2 24 | — | 1.81× | ||
| Q1 24 | — | 1.44× |
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
SI
暂无分部数据
SLP
| Services Segment | $9.5M | 52% |
| Development | $7.2M | 39% |
| Discovery | $1.3M | 7% |
