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森馨科技（SXT）与Westlake Chemical Partners LP（WLKP）财务数据对比。点击上方公司名可切换其他公司
森馨科技的季度营收约是Westlake Chemical Partners LP的1.3倍（$435.8M vs $323.0M）。森馨科技净利率更高（10.1% vs 4.5%，领先5.6%）。森馨科技同比增速更快（54.2% vs 11.4%）。过去两年Westlake Chemical Partners LP的营收复合增速更高（6.5% vs 3.9%）
森馨科技是总部位于美国威斯康星州密尔沃基的全球化色素、香精香料生产商及销售商，产品广泛应用于食品饮料、医药、化妆品、家居个护、特种印刷成像、计算机成像及工业着色等多个领域，旗下设有香精香料事业部与色素事业部两大核心业务板块。
Westlake Chemical Partners LP是一家石化领域有限合伙企业，主营乙烯、聚乙烯、苯乙烯单体等基础石化产品的生产与销售，核心市场覆盖北美地区，服务包装、建材、消费品、工业制造等下游行业客户。
SXT vs WLKP — 直观对比
营收规模更大
SXT
是对方的1.3倍
$323.0M
营收增速更快
SXT
高出42.8%
11.4%
净利率更高
SXT
高出5.6%
4.5%
两年增速更快
WLKP
近两年复合增速
3.9%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $435.8M | $323.0M |
| 净利润 | $44.2M | $14.5M |
| 毛利率 | — | 30.0% |
| 营业利润率 | 15.3% | 27.8% |
| 净利率 | 10.1% | 4.5% |
| 营收同比 | 54.2% | 11.4% |
| 净利润同比 | 28.2% | -3.0% |
| 每股收益（稀释后） | $1.04 | — |
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SXTWLKP
| Q1 26 | $435.8M | — | ||
| Q4 25 | $393.4M | $323.0M | ||
| Q3 25 | $412.1M | $308.9M | ||
| Q2 25 | $414.2M | $297.1M | ||
| Q1 25 | $392.3M | $237.6M | ||
| Q4 24 | $376.4M | $290.1M | ||
| Q3 24 | $392.6M | $277.0M | ||
| Q2 24 | $403.5M | $284.2M |
净利润SXTWLKP
| Q1 26 | $44.2M | — | ||
| Q4 25 | $25.5M | $14.5M | ||
| Q3 25 | $37.0M | $14.7M | ||
| Q2 25 | $37.6M | $14.6M | ||
| Q1 25 | $34.5M | $4.9M | ||
| Q4 24 | $30.1M | $15.0M | ||
| Q3 24 | $32.7M | $18.1M | ||
| Q2 24 | $30.9M | $14.4M |
毛利率SXTWLKP
| Q1 26 | — | — | ||
| Q4 25 | 31.4% | 30.0% | ||
| Q3 25 | 34.3% | 32.2% | ||
| Q2 25 | 34.5% | 32.8% | ||
| Q1 25 | 33.6% | 22.8% | ||
| Q4 24 | 31.7% | 34.0% | ||
| Q3 24 | 33.2% | 42.2% | ||
| Q2 24 | 32.4% | 35.6% |
营业利润率SXTWLKP
| Q1 26 | 15.3% | — | ||
| Q4 25 | 9.7% | 27.8% | ||
| Q3 25 | 14.0% | 29.8% | ||
| Q2 25 | 13.9% | 30.7% | ||
| Q1 25 | 13.6% | 19.6% | ||
| Q4 24 | 11.2% | 31.7% | ||
| Q3 24 | 12.9% | 39.6% | ||
| Q2 24 | 12.3% | 32.9% |
净利率SXTWLKP
| Q1 26 | 10.1% | — | ||
| Q4 25 | 6.5% | 4.5% | ||
| Q3 25 | 9.0% | 4.7% | ||
| Q2 25 | 9.1% | 4.9% | ||
| Q1 25 | 8.8% | 2.1% | ||
| Q4 24 | 8.0% | 5.2% | ||
| Q3 24 | 8.3% | 6.5% | ||
| Q2 24 | 7.7% | 5.1% |
每股收益（稀释后）SXTWLKP
| Q1 26 | $1.04 | — | ||
| Q4 25 | $0.60 | — | ||
| Q3 25 | $0.87 | — | ||
| Q2 25 | $0.88 | — | ||
| Q1 25 | $0.81 | — | ||
| Q4 24 | $0.71 | — | ||
| Q3 24 | $0.77 | — | ||
| Q2 24 | $0.73 | — |
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 | $38.5M | $44.3M |
| 总债务越低越好 | $767.8M | — |
| 股东权益账面价值 | $1.2B | — |
| 总资产 | $2.3B | $1.3B |
| 负债/权益比越低杠杆越低 | 0.63× | — |
8季度趋势，按日历期对齐
现金及短期投资SXTWLKP
| Q1 26 | $38.5M | — | ||
| Q4 25 | $36.5M | $44.3M | ||
| Q3 25 | $42.7M | $37.9M | ||
| Q2 25 | $56.7M | $36.6M | ||
| Q1 25 | $32.6M | $49.6M | ||
| Q4 24 | $26.6M | $58.3M | ||
| Q3 24 | $37.0M | $60.2M | ||
| Q2 24 | $30.3M | $66.0M |
总债务SXTWLKP
| Q1 26 | $767.8M | — | ||
| Q4 25 | $709.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $613.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益SXTWLKP
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — |
总资产SXTWLKP
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.2B | $1.3B | ||
| Q3 25 | $2.2B | $1.3B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $2.0B | $1.3B | ||
| Q3 24 | $2.0B | $1.3B | ||
| Q2 24 | $2.0B | $1.3B |
负债/权益比SXTWLKP
| Q1 26 | 0.63× | — | ||
| Q4 25 | 0.59× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.58× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $120.4M |
| 自由现金流经营现金流 - 资本支出 | — | $111.5M |
| 自由现金流率自由现金流/营收 | — | 34.5% |
| 资本支出强度资本支出/营收 | — | 2.7% |
| 现金转化率经营现金流/净利润 | — | 8.28× |
| 过去12个月自由现金流最近4个季度 | — | $201.7M |
8季度趋势，按日历期对齐
经营现金流SXTWLKP
| Q1 26 | — | — | ||
| Q4 25 | $44.6M | $120.4M | ||
| Q3 25 | $44.0M | $105.2M | ||
| Q2 25 | $48.3M | $9.1M | ||
| Q1 25 | $-9.0M | $45.8M | ||
| Q4 24 | $21.4M | $132.5M | ||
| Q3 24 | $76.8M | $126.1M | ||
| Q2 24 | $43.8M | $121.9M |
自由现金流SXTWLKP
| Q1 26 | — | — | ||
| Q4 25 | $12.9M | $111.5M | ||
| Q3 25 | $24.2M | $75.6M | ||
| Q2 25 | $27.1M | $-15.3M | ||
| Q1 25 | $-25.8M | $29.8M | ||
| Q4 24 | $-1.7M | $119.0M | ||
| Q3 24 | $63.6M | $110.5M | ||
| Q2 24 | $32.0M | $111.7M |
自由现金流率SXTWLKP
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | 34.5% | ||
| Q3 25 | 5.9% | 24.5% | ||
| Q2 25 | 6.5% | -5.2% | ||
| Q1 25 | -6.6% | 12.6% | ||
| Q4 24 | -0.5% | 41.0% | ||
| Q3 24 | 16.2% | 39.9% | ||
| Q2 24 | 7.9% | 39.3% |
资本支出强度SXTWLKP
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 2.7% | ||
| Q3 25 | 4.8% | 9.6% | ||
| Q2 25 | 5.1% | 8.2% | ||
| Q1 25 | 4.3% | 6.7% | ||
| Q4 24 | 6.1% | 4.6% | ||
| Q3 24 | 3.4% | 5.6% | ||
| Q2 24 | 2.9% | 3.6% |
现金转化率SXTWLKP
| Q1 26 | — | — | ||
| Q4 25 | 1.75× | 8.28× | ||
| Q3 25 | 1.19× | 7.18× | ||
| Q2 25 | 1.28× | 0.62× | ||
| Q1 25 | -0.26× | 9.25× | ||
| Q4 24 | 0.71× | 8.83× | ||
| Q3 24 | 2.35× | 6.95× | ||
| Q2 24 | 1.42× | 8.45× |
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
SXT
暂无分部数据
WLKP
| Affiliated Entity | $296.9M | 92% |
| Nonrelated Party | $26.2M | 8% |
