vs
ACRES Commercial Realty Corp.（ACR）与花花公子（PLBY）财务数据对比。点击上方公司名可切换其他公司
花花公子的季度营收约是ACRES Commercial Realty Corp.的1.7倍（$34.9M vs $20.0M），ACRES Commercial Realty Corp.净利率更高（31.6% vs 10.3%，领先21.3%），花花公子同比增速更快（4.2% vs -6.5%），过去两年花花公子的营收复合增速更高（11.0% vs 3.3%）
皮拉马尔地产是一家印度房地产企业，2012年成立，总部位于印度孟买，隶属于皮拉马尔集团。公司专注于住宅及商业地产开发，目前在手开发项目总规模约达1500万平方英尺，知名项目包括Piramal Aranya、Piramal Mahalaxmi等。
花花公子集团（Playboy, Inc.）起源于1953年由休·海夫纳联合合伙人在美国芝加哥创立，初始部分资金来自海夫纳母亲提供的1000美元贷款，是美国知名生活方式与娱乐内容品牌，旗下核心《花花公子》杂志同时发行电子版与纸质版。
ACR vs PLBY — 直观对比
营收规模更大
PLBY
是对方的1.7倍
$20.0M
营收增速更快
PLBY
高出10.8%
-6.5%
净利率更高
ACR
高出21.3%
10.3%
两年增速更快
PLBY
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $20.0M | $34.9M |
| 净利润 | $6.3M | $3.6M |
| 毛利率 | — | 73.3% |
| 营业利润率 | 30.8% | 7.9% |
| 净利率 | 31.6% | 10.3% |
| 营收同比 | -6.5% | 4.2% |
| 净利润同比 | -32.0% | 128.6% |
| 每股收益（稀释后） | $-0.41 | $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ACRPLBY
| Q4 25 | $20.0M | $34.9M | ||
| Q3 25 | $21.0M | $29.0M | ||
| Q2 25 | $21.9M | $28.1M | ||
| Q1 25 | $17.0M | $28.9M | ||
| Q4 24 | $21.4M | $33.5M | ||
| Q3 24 | $22.4M | $29.4M | ||
| Q2 24 | $20.9M | $24.9M | ||
| Q1 24 | $18.8M | $28.3M |
净利润ACRPLBY
| Q4 25 | $6.3M | $3.6M | ||
| Q3 25 | $18.0M | $460.0K | ||
| Q2 25 | $4.3M | $-7.7M | ||
| Q1 25 | $-730.0K | $-9.0M | ||
| Q4 24 | $9.3M | $-12.5M | ||
| Q3 24 | $8.1M | $-33.8M | ||
| Q2 24 | $6.4M | $-16.7M | ||
| Q1 24 | $4.9M | $-16.4M |
毛利率ACRPLBY
| Q4 25 | — | 73.3% | ||
| Q3 25 | — | 76.0% | ||
| Q2 25 | — | 65.4% | ||
| Q1 25 | — | 68.6% | ||
| Q4 24 | — | 70.8% | ||
| Q3 24 | — | 61.0% | ||
| Q2 24 | — | 67.8% | ||
| Q1 24 | — | 55.8% |
营业利润率ACRPLBY
| Q4 25 | 30.8% | 7.9% | ||
| Q3 25 | 85.8% | 4.7% | ||
| Q2 25 | 19.8% | -20.9% | ||
| Q1 25 | -3.8% | -21.7% | ||
| Q4 24 | 43.4% | -13.3% | ||
| Q3 24 | 36.4% | -96.0% | ||
| Q2 24 | 30.8% | -37.0% | ||
| Q1 24 | 26.2% | -31.5% |
净利率ACRPLBY
| Q4 25 | 31.6% | 10.3% | ||
| Q3 25 | 85.8% | 1.6% | ||
| Q2 25 | 19.8% | -27.3% | ||
| Q1 25 | -4.3% | -31.3% | ||
| Q4 24 | 43.5% | -37.4% | ||
| Q3 24 | 36.0% | -114.7% | ||
| Q2 24 | 30.6% | -66.9% | ||
| Q1 24 | 26.2% | -58.1% |
每股收益（稀释后）ACRPLBY
| Q4 25 | $-0.41 | $0.05 | ||
| Q3 25 | $1.34 | $0.00 | ||
| Q2 25 | $-0.10 | $-0.08 | ||
| Q1 25 | $-0.80 | $-0.10 | ||
| Q4 24 | $0.51 | $-0.13 | ||
| Q3 24 | $0.36 | $-0.45 | ||
| Q2 24 | $0.21 | $-0.23 | ||
| Q1 24 | $0.07 | $-0.23 |
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 | $83.8M | $37.8M |
| 总债务越低越好 | $1.6B | $174.2M |
| 股东权益账面价值 | $420.8M | $18.4M |
| 总资产 | $2.2B | $292.4M |
| 负债/权益比越低杠杆越低 | 3.68× | 9.48× |
8季度趋势，按日历期对齐
现金及短期投资ACRPLBY
| Q4 25 | $83.8M | $37.8M | ||
| Q3 25 | $40.9M | $27.5M | ||
| Q2 25 | $42.7M | $19.6M | ||
| Q1 25 | $66.0M | $23.7M | ||
| Q4 24 | $56.7M | $30.9M | ||
| Q3 24 | $70.1M | $9.5M | ||
| Q2 24 | $89.6M | $16.9M | ||
| Q1 24 | $84.6M | $19.0M |
总债务ACRPLBY
| Q4 25 | $1.6B | $174.2M | ||
| Q3 25 | $1.2B | $176.8M | ||
| Q2 25 | $1.3B | $177.5M | ||
| Q1 25 | $1.3B | $176.3M | ||
| Q4 24 | $1.4B | $176.6M | ||
| Q3 24 | $1.5B | $200.0M | ||
| Q2 24 | $1.6B | $196.3M | ||
| Q1 24 | $1.6B | $193.4M |
股东权益ACRPLBY
| Q4 25 | $420.8M | $18.4M | ||
| Q3 25 | $432.9M | $3.8M | ||
| Q2 25 | $425.3M | $-17.5M | ||
| Q1 25 | $430.1M | $-11.4M | ||
| Q4 24 | $439.1M | $-7.7M | ||
| Q3 24 | $436.3M | $-15.7M | ||
| Q2 24 | $434.0M | $15.7M | ||
| Q1 24 | $432.8M | $29.5M |
总资产ACRPLBY
| Q4 25 | $2.2B | $292.4M | ||
| Q3 25 | $1.7B | $278.3M | ||
| Q2 25 | $1.8B | $264.1M | ||
| Q1 25 | $1.8B | $270.6M | ||
| Q4 24 | $1.9B | $284.7M | ||
| Q3 24 | $2.0B | $271.5M | ||
| Q2 24 | $2.1B | $301.8M | ||
| Q1 24 | $2.1B | $309.1M |
负债/权益比ACRPLBY
| Q4 25 | 3.68× | 9.48× | ||
| Q3 25 | 2.76× | 46.86× | ||
| Q2 25 | 3.10× | — | ||
| Q1 25 | 2.97× | — | ||
| Q4 24 | 3.12× | — | ||
| Q3 24 | 3.43× | — | ||
| Q2 24 | 3.67× | 12.51× | ||
| Q1 24 | 3.79× | 6.54× |
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 | $4.1M | $1.4M |
| 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 | — | 3.2% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | 0.65× | 0.39× |
| 过去12个月自由现金流最近4个季度 | — | $-1.0M |
8季度趋势，按日历期对齐
经营现金流ACRPLBY
| Q4 25 | $4.1M | $1.4M | ||
| Q3 25 | $-9.4M | $10.1M | ||
| Q2 25 | $11.8M | $-3.9M | ||
| Q1 25 | $-4.6M | $-7.6M | ||
| Q4 24 | $19.4M | $161.0K | ||
| Q3 24 | $8.4M | $-6.5M | ||
| Q2 24 | $6.9M | $-3.0M | ||
| Q1 24 | $3.3M | $-9.8M |
自由现金流ACRPLBY
| Q4 25 | — | $1.1M | ||
| Q3 25 | — | $9.8M | ||
| Q2 25 | — | $-4.3M | ||
| Q1 25 | — | $-7.7M | ||
| Q4 24 | — | $-401.0K | ||
| Q3 24 | — | $-7.0M | ||
| Q2 24 | — | $-3.7M | ||
| Q1 24 | — | $-10.3M |
自由现金流率ACRPLBY
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 33.8% | ||
| Q2 25 | — | -15.2% | ||
| Q1 25 | — | -26.5% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | — | -23.7% | ||
| Q2 24 | — | -14.8% | ||
| Q1 24 | — | -36.5% |
资本支出强度ACRPLBY
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 2.6% | ||
| Q1 24 | — | 2.1% |
现金转化率ACRPLBY
| Q4 25 | 0.65× | 0.39× | ||
| Q3 25 | -0.52× | 22.02× | ||
| Q2 25 | 2.72× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.08× | — | ||
| Q3 24 | 1.05× | — | ||
| Q2 24 | 1.07× | — | ||
| Q1 24 | 0.68× | — |
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
ACR
| Other | $10.8M | 54% |
| Pacmulti JVLLC | $5.2M | 26% |
| Mccallum Jv Llc | $2.5M | 12% |
| Office Complex | $1.5M | 7% |
PLBY
| Transferred At Point In Time | $22.2M | 64% |
| Trademark Licensing | $6.5M | 19% |
| Related Party | $5.0M | 14% |
| Other | $1.1M | 3% |
