vs
SmartStop Self Storage REIT, Inc.（SMA）与STEM, INC.（STEM）财务数据对比。点击上方公司名可切换其他公司
SmartStop Self Storage REIT, Inc.的季度营收约是STEM, INC.的1.7倍（$78.4M vs $47.1M），SmartStop Self Storage REIT, Inc.净利率更高（3.8% vs -33.9%，领先37.7%），SmartStop Self Storage REIT, Inc.同比增速更快（29.4% vs -15.6%），过去两年STEM, INC.的营收复合增速更高（36.1% vs 17.3%）
SmartStop Self Storage REIT, Inc.是一家专注于持有、运营及收购优质自助仓储物业的房地产投资信托，业务覆盖美国多州与加拿大部分省份，为居民及商业客户提供安全灵活的个人物品、企业库存及季节性物品存储服务。
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。
SMA vs STEM — 直观对比
营收规模更大
SMA
是对方的1.7倍
$47.1M
营收增速更快
SMA
高出44.9%
-15.6%
净利率更高
SMA
高出37.7%
-33.9%
两年增速更快
STEM
近两年复合增速
17.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $78.4M | $47.1M |
| 净利润 | $3.0M | $-16.0M |
| 毛利率 | 61.2% | 48.9% |
| 营业利润率 | 24.0% | -17.7% |
| 净利率 | 3.8% | -33.9% |
| 营收同比 | 29.4% | -15.6% |
| 净利润同比 | 2080.0% | 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SMASTEM
| Q4 25 | $78.4M | $47.1M | ||
| Q3 25 | $70.4M | $38.2M | ||
| Q2 25 | $66.8M | $38.4M | ||
| Q1 25 | $65.4M | $32.5M | ||
| Q4 24 | $60.6M | $55.8M | ||
| Q3 24 | $60.2M | $29.3M | ||
| Q2 24 | $59.2M | $34.0M | ||
| Q1 24 | $57.0M | $25.5M |
净利润SMASTEM
| Q4 25 | $3.0M | $-16.0M | ||
| Q3 25 | $5.2M | $-23.8M | ||
| Q2 25 | $-4.8M | $202.5M | ||
| Q1 25 | $-5.5M | $-25.0M | ||
| Q4 24 | $-150.0K | $-51.1M | ||
| Q3 24 | $-6.2M | $-148.3M | ||
| Q2 24 | $-705.0K | $-582.3M | ||
| Q1 24 | $-1.6M | $-72.3M |
毛利率SMASTEM
| Q4 25 | 61.2% | 48.9% | ||
| Q3 25 | 60.9% | 35.5% | ||
| Q2 25 | 59.3% | 33.4% | ||
| Q1 25 | 64.1% | 32.4% | ||
| Q4 24 | 66.3% | -4.4% | ||
| Q3 24 | 64.8% | 21.2% | ||
| Q2 24 | 66.4% | 27.6% | ||
| Q1 24 | 65.1% | -95.0% |
营业利润率SMASTEM
| Q4 25 | 24.0% | -17.7% | ||
| Q3 25 | 18.1% | -33.6% | ||
| Q2 25 | 15.4% | -34.8% | ||
| Q1 25 | 26.3% | -65.0% | ||
| Q4 24 | 29.4% | -84.4% | ||
| Q3 24 | 29.4% | -493.2% | ||
| Q2 24 | 29.9% | -1705.5% | ||
| Q1 24 | 28.0% | -267.0% |
净利率SMASTEM
| Q4 25 | 3.8% | -33.9% | ||
| Q3 25 | 7.4% | -62.2% | ||
| Q2 25 | -7.2% | 527.8% | ||
| Q1 25 | -8.3% | -76.9% | ||
| Q4 24 | -0.2% | -91.6% | ||
| Q3 24 | -10.3% | -506.3% | ||
| Q2 24 | -1.2% | -1712.6% | ||
| Q1 24 | -2.9% | -283.9% |
每股收益（稀释后）SMASTEM
| Q4 25 | — | $-4.40 | ||
| Q3 25 | $0.09 | $-2.84 | ||
| Q2 25 | $-0.16 | $-1.79 | ||
| Q1 25 | $-0.35 | $-0.15 | ||
| Q4 24 | — | $-15.29 | ||
| Q3 24 | $-0.26 | $-18.24 | ||
| Q2 24 | $-0.16 | $-71.81 | ||
| Q1 24 | $-0.20 | $-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 | $54.2M | $48.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.2B | $-249.4M |
| 总资产 | $2.4B | $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SMASTEM
| Q4 25 | $54.2M | $48.9M | ||
| Q3 25 | $47.8M | $43.1M | ||
| Q2 25 | $37.7M | $40.8M | ||
| Q1 25 | $35.2M | $58.6M | ||
| Q4 24 | $23.1M | $56.3M | ||
| Q3 24 | $36.7M | $75.4M | ||
| Q2 24 | $34.7M | $89.6M | ||
| Q1 24 | $39.2M | $112.8M |
股东权益SMASTEM
| Q4 25 | $1.2B | $-249.4M | ||
| Q3 25 | $1.2B | $-235.7M | ||
| Q2 25 | $1.2B | $-214.1M | ||
| Q1 25 | $303.0M | $-417.5M | ||
| Q4 24 | $325.7M | $-398.4M | ||
| Q3 24 | $343.9M | $-344.1M | ||
| Q2 24 | $365.8M | $-203.2M | ||
| Q1 24 | $384.8M | $371.6M |
总资产SMASTEM
| Q4 25 | $2.4B | $308.9M | ||
| Q3 25 | $2.4B | $362.6M | ||
| Q2 25 | $2.3B | $379.2M | ||
| Q1 25 | $2.1B | $405.1M | ||
| Q4 24 | $2.0B | $437.4M | ||
| Q3 24 | $1.9B | $537.8M | ||
| Q2 24 | $1.9B | $691.5M | ||
| Q1 24 | $1.9B | $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 | $85.0M | $8.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 28.61× | — |
| 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SMASTEM
| Q4 25 | $85.0M | $8.2M | ||
| Q3 25 | $52.1M | $11.4M | ||
| Q2 25 | $8.0M | $-21.3M | ||
| Q1 25 | $10.6M | $8.5M | ||
| Q4 24 | $64.0M | $-14.7M | ||
| Q3 24 | $21.7M | $-9.4M | ||
| Q2 24 | $17.3M | $-11.9M | ||
| Q1 24 | $14.4M | $-621.0K |
现金转化率SMASTEM
| Q4 25 | 28.61× | — | ||
| Q3 25 | 9.96× | — | ||
| Q2 25 | — | -0.11× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
SMA
| Self Storage Rental Revenue | $62.0M | 79% |
| Other | $11.9M | 15% |
| Ancillary Operating Revenue | $2.9M | 4% |
| Asset Management1 | $1.7M | 2% |
STEM
暂无分部数据
