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SS Innovations International, Inc.（SSII）与Star Holdings（STHO）财务数据对比。点击上方公司名可切换其他公司
Star Holdings的季度营收约是SS Innovations International, Inc.的1.7倍（$25.4M vs $14.5M），SS Innovations International, Inc.净利率更高（-17.0% vs -75.5%，领先58.5%），SS Innovations International, Inc.同比增速更快（79.1% vs -22.6%），过去两年SS Innovations International, Inc.的营收复合增速更高（99.9% vs -0.2%）
SS Innovations International, Inc.是一家全球化医疗科技企业，专注于研发、生产创新型外科手术机器人系统，为多地区医疗机构提供高精度、易获取的微创手术机器人平台，致力于提升手术效果、减轻手术操作负担。
蓝星有限公司是一家印度跨国家电企业，总部位于孟买，主营空调、商用制冷以及机电工程业务，是印度本土市场规模第二大的空调领域本土企业。
SSII vs STHO — 直观对比
营收规模更大
STHO
是对方的1.7倍
$14.5M
营收增速更快
SSII
高出101.7%
-22.6%
净利率更高
SSII
高出58.5%
-75.5%
两年增速更快
SSII
近两年复合增速
-0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $14.5M | $25.4M |
| 净利润 | $-2.5M | $-19.1M |
| 毛利率 | 43.9% | — |
| 营业利润率 | -3.7% | -91.7% |
| 净利率 | -17.0% | -75.5% |
| 营收同比 | 79.1% | -22.6% |
| 净利润同比 | -28.5% | 81.3% |
| 每股收益（稀释后） | $-0.01 | $-1.52 |
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SSIISTHO
| Q4 25 | $14.5M | $25.4M | ||
| Q3 25 | $12.8M | $28.1M | ||
| Q2 25 | $10.0M | $42.1M | ||
| Q1 25 | $5.1M | $14.6M | ||
| Q4 24 | $8.1M | $32.8M | ||
| Q3 24 | $4.4M | $24.6M | ||
| Q2 24 | $4.5M | $30.6M | ||
| Q1 24 | $3.6M | $25.4M |
净利润SSIISTHO
| Q4 25 | $-2.5M | $-19.1M | ||
| Q3 25 | $-3.7M | $1.8M | ||
| Q2 25 | $-256.7K | $-39.3M | ||
| Q1 25 | $-5.7M | $-7.6M | ||
| Q4 24 | $-1.9M | $-102.6M | ||
| Q3 24 | $-3.2M | $91.9M | ||
| Q2 24 | $-4.1M | $-27.1M | ||
| Q1 24 | $-9.8M | $-49.0M |
毛利率SSIISTHO
| Q4 25 | 43.9% | — | ||
| Q3 25 | 48.1% | — | ||
| Q2 25 | 59.1% | — | ||
| Q1 25 | 21.2% | — | ||
| Q4 24 | 48.9% | — | ||
| Q3 24 | 52.8% | — | ||
| Q2 24 | 31.9% | — | ||
| Q1 24 | 20.0% | — |
营业利润率SSIISTHO
| Q4 25 | -3.7% | -91.7% | ||
| Q3 25 | -14.3% | 1.0% | ||
| Q2 25 | 1.0% | -94.5% | ||
| Q1 25 | -115.6% | -55.0% | ||
| Q4 24 | -22.7% | -314.1% | ||
| Q3 24 | -73.1% | — | ||
| Q2 24 | -90.9% | -91.5% | ||
| Q1 24 | -270.3% | -192.6% |
净利率SSIISTHO
| Q4 25 | -17.0% | -75.5% | ||
| Q3 25 | -29.0% | 6.4% | ||
| Q2 25 | -2.6% | -93.5% | ||
| Q1 25 | -111.0% | -52.0% | ||
| Q4 24 | -23.7% | -313.1% | ||
| Q3 24 | -74.0% | 374.3% | ||
| Q2 24 | -91.8% | -88.8% | ||
| Q1 24 | -270.5% | -192.6% |
每股收益（稀释后）SSIISTHO
| Q4 25 | $-0.01 | $-1.52 | ||
| Q3 25 | $-0.02 | $0.14 | ||
| Q2 25 | $0.00 | $-2.95 | ||
| Q1 25 | $-0.03 | $-0.57 | ||
| Q4 24 | $-0.01 | $-7.69 | ||
| Q3 24 | $-0.02 | $6.90 | ||
| Q2 24 | $-0.02 | $-2.04 | ||
| Q1 24 | $-0.06 | $-3.68 |
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 | $3.2M | $50.1M |
| 总债务越低越好 | — | $268.7M |
| 股东权益账面价值 | $38.2M | $251.8M |
| 总资产 | $74.2M | $570.2M |
| 负债/权益比越低杠杆越低 | — | 1.07× |
8季度趋势，按日历期对齐
现金及短期投资SSIISTHO
| Q4 25 | $3.2M | $50.1M | ||
| Q3 25 | $5.7M | $40.6M | ||
| Q2 25 | $11.4M | $44.2M | ||
| Q1 25 | $15.9M | $30.3M | ||
| Q4 24 | $466.5K | $35.0M | ||
| Q3 24 | $220.4K | $45.0M | ||
| Q2 24 | $608.2K | $48.3M | ||
| Q1 24 | $948.1K | $45.7M |
总债务SSIISTHO
| Q4 25 | — | $268.7M | ||
| Q3 25 | — | $259.3M | ||
| Q2 25 | — | $245.4M | ||
| Q1 25 | — | $231.5M | ||
| Q4 24 | — | $217.3M | ||
| Q3 24 | — | $201.2M | ||
| Q2 24 | — | $197.2M | ||
| Q1 24 | — | $195.0M |
股东权益SSIISTHO
| Q4 25 | $38.2M | $251.8M | ||
| Q3 25 | $39.6M | $275.4M | ||
| Q2 25 | $42.0M | $276.1M | ||
| Q1 25 | $40.6M | $316.1M | ||
| Q4 24 | $13.5M | $324.3M | ||
| Q3 24 | $13.7M | $427.5M | ||
| Q2 24 | $14.8M | $335.3M | ||
| Q1 24 | $16.7M | $362.4M |
总资产SSIISTHO
| Q4 25 | $74.2M | $570.2M | ||
| Q3 25 | $69.6M | $595.9M | ||
| Q2 25 | $70.0M | $589.9M | ||
| Q1 25 | $63.5M | $618.2M | ||
| Q4 24 | $42.4M | $608.7M | ||
| Q3 24 | $39.0M | $696.5M | ||
| Q2 24 | $35.7M | $601.0M | ||
| Q1 24 | $35.2M | $622.9M |
负债/权益比SSIISTHO
| Q4 25 | — | 1.07× | ||
| Q3 25 | — | 0.94× | ||
| Q2 25 | — | 0.89× | ||
| Q1 25 | — | 0.73× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.59× | ||
| Q1 24 | — | 0.54× |
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 | $-1.5M | $-11.7M |
| 自由现金流经营现金流 - 资本支出 | $-3.2M | — |
| 自由现金流率自由现金流/营收 | -22.3% | — |
| 资本支出强度资本支出/营收 | 11.8% | — |
| 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 | $-22.2M | — |
8季度趋势，按日历期对齐
经营现金流SSIISTHO
| Q4 25 | $-1.5M | $-11.7M | ||
| Q3 25 | $-7.5M | $5.3M | ||
| Q2 25 | $-3.5M | $-2.6M | ||
| Q1 25 | $-6.1M | $-6.3M | ||
| Q4 24 | $-3.3M | $-31.3M | ||
| Q3 24 | $-2.5M | $-3.8M | ||
| Q2 24 | $-1.0M | $-6.4M | ||
| Q1 24 | $-2.7M | $-14.2M |
自由现金流SSIISTHO
| Q4 25 | $-3.2M | — | ||
| Q3 25 | $-8.2M | — | ||
| Q2 25 | $-3.8M | — | ||
| Q1 25 | $-7.0M | — | ||
| Q4 24 | $-3.4M | — | ||
| Q3 24 | $-4.2M | — | ||
| Q2 24 | $-3.1M | — | ||
| Q1 24 | $-2.8M | — |
自由现金流率SSIISTHO
| Q4 25 | -22.3% | — | ||
| Q3 25 | -64.1% | — | ||
| Q2 25 | -37.7% | — | ||
| Q1 25 | -136.2% | — | ||
| Q4 24 | -41.7% | — | ||
| Q3 24 | -96.9% | — | ||
| Q2 24 | -69.5% | — | ||
| Q1 24 | -76.9% | — |
资本支出强度SSIISTHO
| Q4 25 | 11.8% | — | ||
| Q3 25 | 5.9% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 17.0% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 38.8% | — | ||
| Q2 24 | 46.8% | — | ||
| Q1 24 | 3.5% | — |
现金转化率SSIISTHO
| Q4 25 | — | — | ||
| Q3 25 | — | 2.95× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.04× | ||
| 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
SSII
| System Sales | $13.4M | 92% |
| Other | $1.2M | 8% |
STHO
| Land Development | $13.0M | 51% |
| Other Income Revenue | $9.3M | 37% |
| Operating Lease Income | $2.0M | 8% |
| Other | $1.2M | 5% |
