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爱彼迎（ABNB）与森淼科技（AIHS）财务数据对比。点击上方公司名可切换其他公司
爱彼迎的季度营收约是森淼科技的7745.0倍（$2.8B vs $358.7K）。爱彼迎净利率更高（12.3% vs -289.2%，领先301.5%）。爱彼迎同比增速更快（12.0% vs -60.9%）
爱彼迎是全球知名的旅行住宿及体验共享平台，成立于2007年，2010年正式启用现名。平台连接全球各地的房东与旅客，用户可通过网页或移动端预订私人客房、普通住宅、度假屋等多元住宿，也可报名参与当地特色体验项目，是共享经济领域的代表性企业。
森淼科技是一家立足中国的汽车服务提供商，主要运营线上二手车交易平台，为个人消费者和小型汽车经销商提供汽车融资咨询、售后配套服务对接等增值服务，业务覆盖国内多个区域的汽车流通市场。
ABNB vs AIHS — 直观对比
营收规模更大
ABNB
是对方的7745.0倍
$358.7K
营收增速更快
ABNB
高出72.9%
-60.9%
净利率更高
ABNB
高出301.5%
-289.2%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $358.7K |
| 净利润 | $341.0M | $-1.0M |
| 毛利率 | 82.5% | 13.8% |
| 营业利润率 | 9.7% | -305.7% |
| 净利率 | 12.3% | -289.2% |
| 营收同比 | 12.0% | -60.9% |
| 净利润同比 | -26.0% | -83.5% |
| 每股收益（稀释后） | — | $-0.29 |
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ABNBAIHS
| Q4 25 | $2.8B | $358.7K | ||
| Q3 25 | $4.1B | $906.5K | ||
| Q2 25 | $3.1B | $836.0K | ||
| Q1 25 | $2.3B | $809.6K | ||
| Q4 24 | $2.5B | $917.0K | ||
| Q3 24 | $3.7B | $742.3K | ||
| Q2 24 | $2.7B | $873.8K | ||
| Q1 24 | $2.1B | $-71.5K |
净利润ABNBAIHS
| Q4 25 | $341.0M | $-1.0M | ||
| Q3 25 | $1.4B | $-648.7K | ||
| Q2 25 | $642.0M | $-164.4K | ||
| Q1 25 | $154.0M | $-1.8M | ||
| Q4 24 | $461.0M | $-565.3K | ||
| Q3 24 | $1.4B | $-711.4K | ||
| Q2 24 | $555.0M | $-673.4K | ||
| Q1 24 | $264.0M | $-1.4M |
毛利率ABNBAIHS
| Q4 25 | 82.5% | 13.8% | ||
| Q3 25 | 86.6% | 30.2% | ||
| Q2 25 | 82.4% | 23.6% | ||
| Q1 25 | 77.7% | 48.7% | ||
| Q4 24 | 82.8% | 11.6% | ||
| Q3 24 | 87.5% | 13.1% | ||
| Q2 24 | 81.6% | 29.0% | ||
| Q1 24 | 77.6% | 176.1% |
营业利润率ABNBAIHS
| Q4 25 | 9.7% | -305.7% | ||
| Q3 25 | 39.7% | -83.6% | ||
| Q2 25 | 19.8% | -73.1% | ||
| Q1 25 | 1.7% | -255.3% | ||
| Q4 24 | 17.3% | -44.8% | ||
| Q3 24 | 40.9% | -83.0% | ||
| Q2 24 | 18.1% | -88.6% | ||
| Q1 24 | 4.7% | 2115.7% |
净利率ABNBAIHS
| Q4 25 | 12.3% | -289.2% | ||
| Q3 25 | 33.6% | -71.6% | ||
| Q2 25 | 20.7% | -19.7% | ||
| Q1 25 | 6.8% | -219.3% | ||
| Q4 24 | 18.6% | -61.7% | ||
| Q3 24 | 36.7% | -95.8% | ||
| Q2 24 | 20.2% | -77.1% | ||
| Q1 24 | 12.3% | 1932.0% |
每股收益（稀释后）ABNBAIHS
| Q4 25 | — | $-0.29 | ||
| Q3 25 | — | $-0.43 | ||
| Q2 25 | — | $-0.15 | ||
| Q1 25 | — | $1.51 | ||
| Q4 24 | — | $-0.54 | ||
| Q3 24 | — | $-0.68 | ||
| Q2 24 | — | $-0.64 | ||
| Q1 24 | — | $-0.14 |
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 | $11.0B | $3.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.2B | $397.3K |
| 总资产 | $22.2B | $5.7M |
| 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ABNBAIHS
| Q4 25 | $11.0B | $3.5M | ||
| Q3 25 | $11.7B | $677.0K | ||
| Q2 25 | $11.4B | $867.8K | ||
| Q1 25 | $11.5B | $701.3K | ||
| Q4 24 | $10.6B | $949.2K | ||
| Q3 24 | $11.3B | $792.0K | ||
| Q2 24 | $11.3B | $748.9K | ||
| Q1 24 | $11.1B | $737.7K |
股东权益ABNBAIHS
| Q4 25 | $8.2B | $397.3K | ||
| Q3 25 | $8.6B | $-3.1M | ||
| Q2 25 | $7.8B | $-2.6M | ||
| Q1 25 | $7.9B | $-2.9M | ||
| Q4 24 | $8.4B | $-1.2M | ||
| Q3 24 | $8.5B | $-459.2K | ||
| Q2 24 | $8.0B | $159.2K | ||
| Q1 24 | $7.9B | $894.9K |
总资产ABNBAIHS
| Q4 25 | $22.2B | $5.7M | ||
| Q3 25 | $23.1B | $4.7M | ||
| Q2 25 | $27.0B | $5.3M | ||
| Q1 25 | $25.1B | $5.8M | ||
| Q4 24 | $21.0B | $7.9M | ||
| Q3 24 | $22.2B | $8.6M | ||
| Q2 24 | $26.3B | $9.2M | ||
| Q1 24 | $24.5B | $9.9M |
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 | $526.0M | $-865.6K |
| 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 | 1.54× | — |
| 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ABNBAIHS
| Q4 25 | $526.0M | $-865.6K | ||
| Q3 25 | $1.4B | $-71.4K | ||
| Q2 25 | $975.0M | $-321.2K | ||
| Q1 25 | $1.8B | $-48.1K | ||
| Q4 24 | $466.0M | $356.1K | ||
| Q3 24 | $1.1B | $175.6K | ||
| Q2 24 | $1.1B | $16.8K | ||
| Q1 24 | $1.9B | $-247.5K |
自由现金流ABNBAIHS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-49.3K | ||
| Q4 24 | — | $355.3K | ||
| Q3 24 | — | $175.6K | ||
| Q2 24 | — | $15.6K | ||
| Q1 24 | — | $-275.8K |
自由现金流率ABNBAIHS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -6.1% | ||
| Q4 24 | — | 38.8% | ||
| Q3 24 | — | 23.7% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | 385.8% |
资本支出强度ABNBAIHS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | -39.6% |
现金转化率ABNBAIHS
| Q4 25 | 1.54× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 11.62× | — | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 0.79× | — | ||
| Q2 24 | 1.89× | — | ||
| Q1 24 | 7.28× | — |
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
ABNB
| North America | $1.1B | 41% |
| EMEA | $930.0M | 33% |
| Latin America | $351.0M | 13% |
| Other | $351.0M | 13% |
AIHS
暂无分部数据
