vs
Star Holdings（STHO）与Usio, Inc.（USIO）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Usio, Inc.的1.1倍（$25.4M vs $22.2M），Usio, Inc.净利率更高（-6.7% vs -75.5%，领先68.7%），Usio, Inc.同比增速更快（8.2% vs -22.6%），过去两年Usio, Inc.的营收复合增速更高（3.0% vs -0.2%）
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。
Usio, Inc.是总部位于美国得克萨斯州圣安东尼奥的金融科技企业，主打综合电子支付服务，业务涵盖ACH交易处理、信用卡与借记卡收单、为软件平台提供支付便利、预付卡发行，同时还经营文件打印邮寄业务。
STHO vs USIO — 直观对比
营收规模更大
STHO
是对方的1.1倍
$22.2M
营收增速更快
USIO
高出30.8%
-22.6%
净利率更高
USIO
高出68.7%
-75.5%
两年增速更快
USIO
近两年复合增速
-0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $25.4M | $22.2M |
| 净利润 | $-19.1M | $-1.5M |
| 毛利率 | — | 21.9% |
| 营业利润率 | -91.7% | -5.7% |
| 净利率 | -75.5% | -6.7% |
| 营收同比 | -22.6% | 8.2% |
| 净利润同比 | 81.3% | -337.8% |
| 每股收益（稀释后） | $-1.52 | $-0.05 |
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STHOUSIO
| Q4 25 | $25.4M | $22.2M | ||
| Q3 25 | $28.1M | $21.2M | ||
| Q2 25 | $42.1M | $20.0M | ||
| Q1 25 | $14.6M | $22.0M | ||
| Q4 24 | $32.8M | $20.6M | ||
| Q3 24 | $24.6M | $21.3M | ||
| Q2 24 | $30.6M | $20.1M | ||
| Q1 24 | $25.4M | $21.0M |
净利润STHOUSIO
| Q4 25 | $-19.1M | $-1.5M | ||
| Q3 25 | $1.8M | $-415.1K | ||
| Q2 25 | $-39.3M | $-366.7K | ||
| Q1 25 | $-7.6M | $-235.0K | ||
| Q4 24 | $-102.6M | $628.9K | ||
| Q3 24 | $91.9M | $2.9M | ||
| Q2 24 | $-27.1M | $75.5K | ||
| Q1 24 | $-49.0M | $-250.2K |
毛利率STHOUSIO
| Q4 25 | — | 21.9% | ||
| Q3 25 | — | 23.0% | ||
| Q2 25 | — | 25.8% | ||
| Q1 25 | — | 21.9% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 23.0% | ||
| Q2 24 | — | 23.9% | ||
| Q1 24 | — | 23.1% |
营业利润率STHOUSIO
| Q4 25 | -91.7% | -5.7% | ||
| Q3 25 | 1.0% | -2.2% | ||
| Q2 25 | -94.5% | -2.0% | ||
| Q1 25 | -55.0% | -1.1% | ||
| Q4 24 | -314.1% | -2.9% | ||
| Q3 24 | — | -1.8% | ||
| Q2 24 | -91.5% | -1.0% | ||
| Q1 24 | -192.6% | -1.3% |
净利率STHOUSIO
| Q4 25 | -75.5% | -6.7% | ||
| Q3 25 | 6.4% | -2.0% | ||
| Q2 25 | -93.5% | -1.8% | ||
| Q1 25 | -52.0% | -1.1% | ||
| Q4 24 | -313.1% | 3.1% | ||
| Q3 24 | 374.3% | 13.4% | ||
| Q2 24 | -88.8% | 0.4% | ||
| Q1 24 | -192.6% | -1.2% |
每股收益（稀释后）STHOUSIO
| Q4 25 | $-1.52 | $-0.05 | ||
| Q3 25 | $0.14 | $-0.02 | ||
| Q2 25 | $-2.95 | $-0.01 | ||
| Q1 25 | $-0.57 | $-0.01 | ||
| Q4 24 | $-7.69 | $0.03 | ||
| Q3 24 | $6.90 | $0.10 | ||
| Q2 24 | $-2.04 | $0.00 | ||
| Q1 24 | $-3.68 | $-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 | $50.1M | $7.4M |
| 总债务越低越好 | $268.7M | $1.4M |
| 股东权益账面价值 | $251.8M | $17.9M |
| 总资产 | $570.2M | $134.9M |
| 负债/权益比越低杠杆越低 | 1.07× | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资STHOUSIO
| Q4 25 | $50.1M | $7.4M | ||
| Q3 25 | $40.6M | $7.7M | ||
| Q2 25 | $44.2M | $8.1M | ||
| Q1 25 | $30.3M | $8.7M | ||
| Q4 24 | $35.0M | $8.1M | ||
| Q3 24 | $45.0M | $8.4M | ||
| Q2 24 | $48.3M | $7.2M | ||
| Q1 24 | $45.7M | $7.1M |
总债务STHOUSIO
| Q4 25 | $268.7M | $1.4M | ||
| Q3 25 | $259.3M | $836.7K | ||
| Q2 25 | $245.4M | $647.1K | ||
| Q1 25 | $231.5M | $683.3K | ||
| Q4 24 | $217.3M | $719.4K | ||
| Q3 24 | $201.2M | $562.9K | ||
| Q2 24 | $197.2M | $597.2K | ||
| Q1 24 | $195.0M | $630.9K |
股东权益STHOUSIO
| Q4 25 | $251.8M | $17.9M | ||
| Q3 25 | $275.4M | $18.7M | ||
| Q2 25 | $276.1M | $18.7M | ||
| Q1 25 | $316.1M | $19.0M | ||
| Q4 24 | $324.3M | $19.2M | ||
| Q3 24 | $427.5M | $18.9M | ||
| Q2 24 | $335.3M | $15.7M | ||
| Q1 24 | $362.4M | $15.3M |
总资产STHOUSIO
| Q4 25 | $570.2M | $134.9M | ||
| Q3 25 | $595.9M | $99.4M | ||
| Q2 25 | $589.9M | $108.4M | ||
| Q1 25 | $618.2M | $109.6M | ||
| Q4 24 | $608.7M | $107.2M | ||
| Q3 24 | $696.5M | $114.6M | ||
| Q2 24 | $601.0M | $108.8M | ||
| Q1 24 | $622.9M | $99.1M |
负债/权益比STHOUSIO
| Q4 25 | 1.07× | 0.08× | ||
| Q3 25 | 0.94× | 0.04× | ||
| Q2 25 | 0.89× | 0.03× | ||
| Q1 25 | 0.73× | 0.04× | ||
| Q4 24 | 0.67× | 0.04× | ||
| Q3 24 | 0.47× | 0.03× | ||
| Q2 24 | 0.59× | 0.04× | ||
| Q1 24 | 0.54× | 0.04× |
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 | $-11.7M | $1.5M |
| 自由现金流经营现金流 - 资本支出 | — | $1.1M |
| 自由现金流率自由现金流/营收 | — | 4.8% |
| 资本支出强度资本支出/营收 | — | 2.0% |
| 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 | — | $1.7M |
8季度趋势，按日历期对齐
经营现金流STHOUSIO
| Q4 25 | $-11.7M | $1.5M | ||
| Q3 25 | $5.3M | $303.8K | ||
| Q2 25 | $-2.6M | $-263.9K | ||
| Q1 25 | $-6.3M | $1.4M | ||
| Q4 24 | $-31.3M | $2.9M | ||
| Q3 24 | $-3.8M | $1.4M | ||
| Q2 24 | $-6.4M | $369.1K | ||
| Q1 24 | $-14.2M | $88.7K |
自由现金流STHOUSIO
| Q4 25 | — | $1.1M | ||
| Q3 25 | — | $85.2K | ||
| Q2 25 | — | $-503.2K | ||
| Q1 25 | — | $1.1M | ||
| Q4 24 | — | $2.7M | ||
| Q3 24 | — | $1.4M | ||
| Q2 24 | — | $246.3K | ||
| Q1 24 | — | $-88.1K |
自由现金流率STHOUSIO
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | -2.5% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 13.1% | ||
| Q3 24 | — | 6.4% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | -0.4% |
资本支出强度STHOUSIO
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.8% |
现金转化率STHOUSIO
| Q4 25 | — | — | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.61× | ||
| Q3 24 | -0.04× | 0.50× | ||
| Q2 24 | — | 4.89× | ||
| 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
STHO
| Land Development | $13.0M | 51% |
| Other Income Revenue | $9.3M | 37% |
| Operating Lease Income | $2.0M | 8% |
| Other | $1.2M | 5% |
USIO
| Credit Card Revenue | $7.7M | 35% |
| ACH And Complementary Service Revenue | $6.1M | 28% |
| Output Solutions | $5.4M | 24% |
| Prepaid Card Services Revenue | $2.6M | 12% |
