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泰瑞达（TER）与VinFast Auto Ltd.（VFS）财务数据对比。点击上方公司名可切换其他公司
泰瑞达的季度营收约是VinFast Auto Ltd.的1.8倍（$1.3B vs $718.6M），泰瑞达净利率更高（31.1% vs -2.8%，领先33.9%）
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
VinFast Auto Ltd.是越南跨国汽车企业，由越南最大私营综合企业集团之一Vingroup创立。Vingroup由越南知名企业家潘日旺创办，业务覆盖地产、零售、医疗、科技等多个领域，是越南本土头部企业集团。
TER vs VFS — 直观对比
营收规模更大
TER
是对方的1.8倍
$718.6M
净利率更高
TER
高出33.9%
-2.8%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $718.6M |
| 净利润 | $398.9M | $-20.0M |
| 毛利率 | 60.9% | — |
| 营业利润率 | 36.9% | -96.1% |
| 净利率 | 31.1% | -2.8% |
| 营收同比 | 87.0% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $2.53 | — |
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TERVFS
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $769.2M | $718.6M | ||
| Q2 25 | $651.8M | $663.0M | ||
| Q1 25 | $685.7M | $656.5M | ||
| Q4 24 | $752.9M | — | ||
| Q3 24 | $737.3M | $511.6M | ||
| Q2 24 | $729.9M | — |
净利润TERVFS
| Q1 26 | $398.9M | — | ||
| Q4 25 | $257.2M | — | ||
| Q3 25 | $119.6M | $-20.0M | ||
| Q2 25 | $78.4M | $-51.8M | ||
| Q1 25 | $98.9M | $-26.1M | ||
| Q4 24 | $146.3M | — | ||
| Q3 24 | $145.6M | $-10.4M | ||
| Q2 24 | $186.3M | — |
毛利率TERVFS
| Q1 26 | 60.9% | — | ||
| Q4 25 | 57.2% | — | ||
| Q3 25 | 58.4% | — | ||
| Q2 25 | 57.2% | — | ||
| Q1 25 | 60.6% | — | ||
| Q4 24 | 59.4% | — | ||
| Q3 24 | 59.2% | — | ||
| Q2 24 | 58.3% | — |
营业利润率TERVFS
| Q1 26 | 36.9% | — | ||
| Q4 25 | 27.1% | — | ||
| Q3 25 | 18.9% | -96.1% | ||
| Q2 25 | 13.9% | -79.0% | ||
| Q1 25 | 17.6% | -74.0% | ||
| Q4 24 | 20.4% | — | ||
| Q3 24 | 20.6% | -65.9% | ||
| Q2 24 | 28.8% | — |
净利率TERVFS
| Q1 26 | 31.1% | — | ||
| Q4 25 | 23.7% | — | ||
| Q3 25 | 15.5% | -2.8% | ||
| Q2 25 | 12.0% | -7.8% | ||
| Q1 25 | 14.4% | -4.0% | ||
| Q4 24 | 19.4% | — | ||
| Q3 24 | 19.8% | -2.0% | ||
| Q2 24 | 25.5% | — |
每股收益（稀释后）TERVFS
| Q1 26 | $2.53 | — | ||
| Q4 25 | $1.62 | — | ||
| Q3 25 | $0.75 | — | ||
| Q2 25 | $0.49 | — | ||
| Q1 25 | $0.61 | — | ||
| Q4 24 | $0.89 | — | ||
| Q3 24 | $0.89 | — | ||
| Q2 24 | $1.14 | — |
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 | $241.9M | $8.8M |
| 总债务越低越好 | $0 | — |
| 股东权益账面价值 | — | — |
| 总资产 | $4.4B | $183.2M |
| 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TERVFS
| Q1 26 | $241.9M | — | ||
| Q4 25 | $293.8M | — | ||
| Q3 25 | $272.7M | $8.8M | ||
| Q2 25 | $339.3M | $650.0M | ||
| Q1 25 | $475.6M | $2.4M | ||
| Q4 24 | $553.4M | — | ||
| Q3 24 | $510.0M | $1.9M | ||
| Q2 24 | $421.9M | — |
总债务TERVFS
| Q1 26 | $0 | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益TERVFS
| Q1 26 | — | — | ||
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.8B | $-7.2B | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.7B | — |
总资产TERVFS
| Q1 26 | $4.4B | — | ||
| Q4 25 | $4.2B | — | ||
| Q3 25 | $4.0B | $183.2M | ||
| Q2 25 | $3.8B | $7.2B | ||
| Q1 25 | $3.7B | $158.2M | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.8B | $151.8M | ||
| Q2 24 | $3.6B | — |
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 | $265.1M | — |
| 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 | 0.66× | — |
| 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TERVFS
| Q1 26 | $265.1M | — | ||
| Q4 25 | $281.6M | — | ||
| Q3 25 | $49.0M | — | ||
| Q2 25 | $182.1M | — | ||
| Q1 25 | $161.6M | — | ||
| Q4 24 | $282.6M | — | ||
| Q3 24 | $166.3M | — | ||
| Q2 24 | $216.1M | — |
自由现金流TERVFS
| Q1 26 | — | — | ||
| Q4 25 | $218.8M | — | ||
| Q3 25 | $2.4M | — | ||
| Q2 25 | $131.7M | — | ||
| Q1 25 | $97.6M | — | ||
| Q4 24 | $225.2M | — | ||
| Q3 24 | $114.4M | — | ||
| Q2 24 | $171.2M | — |
自由现金流率TERVFS
| Q1 26 | — | — | ||
| Q4 25 | 20.2% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 20.2% | — | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | 29.9% | — | ||
| Q3 24 | 15.5% | — | ||
| Q2 24 | 23.5% | — |
资本支出强度TERVFS
| Q1 26 | — | — | ||
| Q4 25 | 5.8% | — | ||
| Q3 25 | 6.1% | — | ||
| Q2 25 | 7.7% | — | ||
| Q1 25 | 9.3% | — | ||
| Q4 24 | 7.6% | — | ||
| Q3 24 | 7.0% | — | ||
| Q2 24 | 6.1% | — |
现金转化率TERVFS
| Q1 26 | 0.66× | — | ||
| Q4 25 | 1.09× | — | ||
| Q3 25 | 0.41× | — | ||
| Q2 25 | 2.32× | — | ||
| Q1 25 | 1.63× | — | ||
| Q4 24 | 1.93× | — | ||
| Q3 24 | 1.14× | — | ||
| Q2 24 | 1.16× | — |
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
TER
暂无分部数据
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
