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华纳兄弟娱乐（AGAE）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是华纳兄弟娱乐的352.0倍（$650.1M vs $1.8M）。六旗净利率更高（-14.2% vs -290.3%，领先276.1%）。华纳兄弟娱乐自由现金流更多（$-669.5K vs $-109.3M）
华纳兄弟娱乐是一家美国跨国影视娱乐企业，现隶属于华纳兄弟探索集团，总部位于加利福尼亚州伯班克的华纳兄弟制片厂园区，现行企业主体成立于2002年12月，成立之初属于美国在线时代华纳集团，在全球影视娱乐领域拥有极高影响力。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
AGAE vs FUN — 直观对比
营收规模更大
FUN
是对方的352.0倍
$1.8M
净利率更高
FUN
高出276.1%
-290.3%
自由现金流更多
AGAE
多$108.6M
$-109.3M
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8M | $650.1M |
| 净利润 | $-5.4M | $-92.4M |
| 毛利率 | — | 91.4% |
| 营业利润率 | -397.1% | -3.8% |
| 净利率 | -290.3% | -14.2% |
| 营收同比 | -14.6% | — |
| 净利润同比 | -33.1% | — |
| 每股收益（稀释后） | $-0.14 | $-0.93 |
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AGAEFUN
| Q4 25 | — | $650.1M | ||
| Q3 25 | $1.8M | $1.3B | ||
| Q2 25 | $1.9M | $930.4M | ||
| Q1 25 | $2.3M | $202.1M | ||
| Q4 24 | $1.9M | — | ||
| Q3 24 | $2.2M | $1.3B | ||
| Q2 24 | $2.6M | $571.6M | ||
| Q1 24 | $2.4M | — |
净利润AGAEFUN
| Q4 25 | — | $-92.4M | ||
| Q3 25 | $-5.4M | $-1.2B | ||
| Q2 25 | $-4.8M | $-99.6M | ||
| Q1 25 | $-4.8M | $-219.7M | ||
| Q4 24 | $-7.2M | — | ||
| Q3 24 | $-4.0M | $111.0M | ||
| Q2 24 | $-3.8M | $55.6M | ||
| Q1 24 | $-1.7M | — |
毛利率AGAEFUN
| Q4 25 | — | 91.4% | ||
| Q3 25 | — | 91.6% | ||
| Q2 25 | — | 91.3% | ||
| Q1 25 | — | 89.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 91.9% | ||
| Q2 24 | — | 90.7% | ||
| Q1 24 | — | — |
营业利润率AGAEFUN
| Q4 25 | — | -3.8% | ||
| Q3 25 | -397.1% | -83.7% | ||
| Q2 25 | -317.4% | 8.0% | ||
| Q1 25 | -230.8% | -158.9% | ||
| Q4 24 | -746.5% | — | ||
| Q3 24 | -54.6% | 19.5% | ||
| Q2 24 | -200.4% | 21.6% | ||
| Q1 24 | -112.5% | — |
净利率AGAEFUN
| Q4 25 | — | -14.2% | ||
| Q3 25 | -290.3% | -90.1% | ||
| Q2 25 | -250.6% | -10.7% | ||
| Q1 25 | -212.6% | -108.7% | ||
| Q4 24 | -381.0% | — | ||
| Q3 24 | -186.2% | 8.2% | ||
| Q2 24 | -144.1% | 9.7% | ||
| Q1 24 | -71.4% | — |
每股收益（稀释后）AGAEFUN
| Q4 25 | — | $-0.93 | ||
| Q3 25 | $-0.14 | $-11.77 | ||
| Q2 25 | $-0.12 | $-0.99 | ||
| Q1 25 | $-0.11 | $-2.20 | ||
| Q4 24 | $-0.18 | — | ||
| Q3 24 | $-0.11 | $1.10 | ||
| Q2 24 | $-0.09 | — | ||
| Q1 24 | $-0.04 | — |
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 | $17.6M | $91.1M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $52.4M | $549.8M |
| 总资产 | $106.8M | $7.8B |
| 负债/权益比越低杠杆越低 | — | 9.40× |
8季度趋势，按日历期对齐
现金及短期投资AGAEFUN
| Q4 25 | — | $91.1M | ||
| Q3 25 | $17.6M | $70.7M | ||
| Q2 25 | $26.1M | $107.4M | ||
| Q1 25 | $68.7M | $61.5M | ||
| Q4 24 | $68.0M | — | ||
| Q3 24 | $77.7M | $89.7M | ||
| Q2 24 | $88.1M | $52.9M | ||
| Q1 24 | $76.9M | — |
总债务AGAEFUN
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $2.3B | ||
| Q1 24 | — | — |
股东权益AGAEFUN
| Q4 25 | — | $549.8M | ||
| Q3 25 | $52.4M | $614.3M | ||
| Q2 25 | $57.5M | $1.8B | ||
| Q1 25 | $68.4M | $1.8B | ||
| Q4 24 | $73.0M | — | ||
| Q3 24 | $74.0M | $2.3B | ||
| Q2 24 | $77.7M | — | ||
| Q1 24 | $83.3M | — |
总资产AGAEFUN
| Q4 25 | — | $7.8B | ||
| Q3 25 | $106.8M | $7.9B | ||
| Q2 25 | $108.6M | $9.5B | ||
| Q1 25 | $117.9M | $9.2B | ||
| Q4 24 | $112.7M | — | ||
| Q3 24 | $129.8M | $9.4B | ||
| Q2 24 | $126.7M | $2.3B | ||
| Q1 24 | $117.0M | — |
负债/权益比AGAEFUN
| Q4 25 | — | 9.40× | ||
| Q3 25 | — | 8.16× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | — | 2.75× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | — | — | ||
| Q1 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 | $-616.2K | $-37.7M |
| 自由现金流经营现金流 - 资本支出 | $-669.5K | $-109.3M |
| 自由现金流率自由现金流/营收 | -36.3% | -16.8% |
| 资本支出强度资本支出/营收 | 2.9% | 11.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-353.8K | $-152.2M |
8季度趋势，按日历期对齐
经营现金流AGAEFUN
| Q4 25 | — | $-37.7M | ||
| Q3 25 | $-616.2K | $356.2M | ||
| Q2 25 | $-890.0K | $187.0M | ||
| Q1 25 | $-2.2M | $-178.0M | ||
| Q4 24 | $3.5M | — | ||
| Q3 24 | $-8.7M | $337.4M | ||
| Q2 24 | $-2.4M | — | ||
| Q1 24 | $-2.1M | — |
自由现金流AGAEFUN
| Q4 25 | — | $-109.3M | ||
| Q3 25 | $-669.5K | $256.2M | ||
| Q2 25 | $-913.3K | $18.8M | ||
| Q1 25 | $-2.2M | $-318.0M | ||
| Q4 24 | $3.4M | — | ||
| Q3 24 | $-8.7M | $227.7M | ||
| Q2 24 | $-2.4M | — | ||
| Q1 24 | $-2.2M | — |
自由现金流率AGAEFUN
| Q4 25 | — | -16.8% | ||
| Q3 25 | -36.3% | 19.4% | ||
| Q2 25 | -47.6% | 2.0% | ||
| Q1 25 | -97.4% | -157.4% | ||
| Q4 24 | 181.7% | — | ||
| Q3 24 | -404.2% | 16.9% | ||
| Q2 24 | -90.8% | — | ||
| Q1 24 | -90.6% | — |
资本支出强度AGAEFUN
| Q4 25 | — | 11.0% | ||
| Q3 25 | 2.9% | 7.6% | ||
| Q2 25 | 1.2% | 18.1% | ||
| Q1 25 | 1.4% | 69.3% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 1.6% | 8.1% | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | 0.4% | — |
现金转化率AGAEFUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.04× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
AGAE
暂无分部数据
FUN
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
