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ABM INDUSTRIES INC（ABM）与欢聚集团（JOYY）财务数据对比。点击上方公司名可切换其他公司
ABM INDUSTRIES INC的季度营收约是欢聚集团的1.5倍（$2.3B vs $1.5B），欢聚集团净利率更高（10.4% vs 1.5%，领先8.9%），过去两年欢聚集团的营收复合增速更高（16.8% vs 5.3%）
ABM工业是美国知名的设施管理服务商，1909年由莫里斯·罗森伯格在加利福尼亚州旧金山创立。其业务覆盖电气、照明、能源管理、设施工程、电气化、暖通空调、机电运维、保洁、景观养护、停车场管理、交通配套等多元设施服务领域，为各类客户提供一体化的场地运营解决方案。
欢聚集团是全球化社交媒体科技企业，主营直播、短视频、社交互动类数字娱乐服务，核心产品覆盖东南亚、中东、拉美等多个新兴市场，为全球用户提供丰富的沉浸式互动内容体验。
ABM vs JOYY — 直观对比
营收规模更大
ABM
是对方的1.5倍
$1.5B
净利率更高
JOYY
高出8.9%
1.5%
两年增速更快
JOYY
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $1.5B |
| 净利润 | $34.8M | $160.1M |
| 毛利率 | 11.8% | 36.1% |
| 营业利润率 | 3.0% | 2.4% |
| 净利率 | 1.5% | 10.4% |
| 营收同比 | 5.4% | — |
| 净利润同比 | 394.9% | — |
| 每股收益（稀释后） | $0.56 | — |
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ABMJOYY
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.2B | $1.5B | ||
| Q2 25 | $2.1B | $1.0B | ||
| Q1 25 | $2.1B | $494.4M | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.1B | $1.7B | ||
| Q2 24 | $2.0B | $1.1B | ||
| Q1 24 | $2.1B | $564.6M |
净利润ABMJOYY
| Q4 25 | $34.8M | — | ||
| Q3 25 | $41.8M | $160.1M | ||
| Q2 25 | $42.2M | $100.9M | ||
| Q1 25 | $43.6M | $42.9M | ||
| Q4 24 | $-11.8M | — | ||
| Q3 24 | $4.7M | $143.9M | ||
| Q2 24 | $43.8M | $87.9M | ||
| Q1 24 | $44.7M | $40.2M |
毛利率ABMJOYY
| Q4 25 | 11.8% | — | ||
| Q3 25 | 12.3% | 36.1% | ||
| Q2 25 | 12.8% | 36.3% | ||
| Q1 25 | 12.3% | 36.1% | ||
| Q4 24 | 12.5% | — | ||
| Q3 24 | 12.6% | 35.7% | ||
| Q2 24 | 12.6% | 34.9% | ||
| Q1 24 | 11.8% | 34.6% |
营业利润率ABMJOYY
| Q4 25 | 3.0% | — | ||
| Q3 25 | 3.8% | 2.4% | ||
| Q2 25 | 3.9% | 1.8% | ||
| Q1 25 | 3.7% | 2.5% | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 1.8% | 1.3% | ||
| Q2 24 | 4.0% | 0.5% | ||
| Q1 24 | 3.6% | 0.6% |
净利率ABMJOYY
| Q4 25 | 1.5% | — | ||
| Q3 25 | 1.9% | 10.4% | ||
| Q2 25 | 2.0% | 10.1% | ||
| Q1 25 | 2.1% | 8.7% | ||
| Q4 24 | -0.5% | — | ||
| Q3 24 | 0.2% | 8.5% | ||
| Q2 24 | 2.2% | 7.8% | ||
| Q1 24 | 2.2% | 7.1% |
每股收益（稀释后）ABMJOYY
| Q4 25 | $0.56 | — | ||
| Q3 25 | $0.67 | — | ||
| Q2 25 | $0.67 | — | ||
| Q1 25 | $0.69 | — | ||
| Q4 24 | $-0.18 | — | ||
| Q3 24 | $0.07 | — | ||
| Q2 24 | $0.69 | — | ||
| Q1 24 | $0.70 | — |
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 | $104.1M | $383.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.8B | $6.6B |
| 总资产 | $5.3B | $7.5B |
| 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ABMJOYY
| Q4 25 | $104.1M | — | ||
| Q3 25 | $69.3M | $383.8M | ||
| Q2 25 | $58.7M | $401.0M | ||
| Q1 25 | $59.0M | $801.5M | ||
| Q4 24 | $64.6M | — | ||
| Q3 24 | $86.3M | $481.8M | ||
| Q2 24 | $60.7M | $607.1M | ||
| Q1 24 | $58.0M | $728.2M |
股东权益ABMJOYY
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | $6.6B | ||
| Q2 25 | $1.8B | $6.6B | ||
| Q1 25 | $1.8B | $6.6B | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.8B | $5.3B | ||
| Q2 24 | $1.8B | $5.3B | ||
| Q1 24 | $1.8B | $5.3B |
总资产ABMJOYY
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.3B | $7.5B | ||
| Q2 25 | $5.3B | $7.5B | ||
| Q1 25 | $5.2B | $7.6B | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.0B | $8.1B | ||
| Q2 24 | $4.9B | $8.1B | ||
| Q1 24 | $5.0B | $8.6B |
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 | $133.4M | — |
| 自由现金流经营现金流 - 资本支出 | $112.7M | — |
| 自由现金流率自由现金流/营收 | 4.9% | — |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | 3.83× | — |
| 过去12个月自由现金流最近4个季度 | $155.1M | — |
8季度趋势，按日历期对齐
经营现金流ABMJOYY
| Q4 25 | $133.4M | — | ||
| Q3 25 | $174.9M | — | ||
| Q2 25 | $32.3M | — | ||
| Q1 25 | $-106.2M | — | ||
| Q4 24 | $30.4M | — | ||
| Q3 24 | $79.4M | — | ||
| Q2 24 | $117.0M | — | ||
| Q1 24 | $-100.0K | — |
自由现金流ABMJOYY
| Q4 25 | $112.7M | — | ||
| Q3 25 | $150.1M | — | ||
| Q2 25 | $15.2M | — | ||
| Q1 25 | $-122.9M | — | ||
| Q4 24 | $15.6M | — | ||
| Q3 24 | $63.9M | — | ||
| Q2 24 | $101.5M | — | ||
| Q1 24 | $-13.7M | — |
自由现金流率ABMJOYY
| Q4 25 | 4.9% | — | ||
| Q3 25 | 6.7% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | -5.8% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | 5.0% | — | ||
| Q1 24 | -0.7% | — |
资本支出强度ABMJOYY
| Q4 25 | 0.9% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.8% | — | ||
| Q1 24 | 0.7% | — |
现金转化率ABMJOYY
| Q4 25 | 3.83× | — | ||
| Q3 25 | 4.18× | — | ||
| Q2 25 | 0.77× | — | ||
| Q1 25 | -2.44× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 16.89× | — | ||
| Q2 24 | 2.67× | — | ||
| Q1 24 | -0.00× | — |
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
ABM
| Facility Service Line Janitorial | $729.5M | 32% |
| Technical Solutions | $298.6M | 13% |
| Aviation | $296.7M | 13% |
| Education | $233.8M | 10% |
| Engineering And Infrastructure Service Line | $211.3M | 9% |
| Engineering And Infrastructure Service Line Operations And Maintenance | $207.2M | 9% |
| Facility Service Line Aviation Services | $134.4M | 6% |
| Facility Service Line Parking And Transportation | $108.0M | 5% |
| Management Reimbursement Revenue | $86.9M | 4% |
JOYY
| Live streaming | $1.1B | 74% |
| Advertising | $297.3M | 19% |
| Others | $109.8M | 7% |
