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百胜餐饮集团（AKA）与酷澎（CPNG）财务数据对比。点击上方公司名可切换其他公司
酷澎的季度营收约是百胜餐饮集团的53.9倍（$8.8B vs $163.9M）。酷澎净利率更高（-0.3% vs -8.8%，领先8.5%）。酷澎同比增速更快（10.9% vs 3.1%）。百胜餐饮集团自由现金流更多（$-3.0M vs $-278.0M）。过去两年百胜餐饮集团的营收复合增速更高（18.5% vs 11.4%）
百胜餐饮集团是美国跨国快餐企业，1977年百事可乐收购肯德基、必胜客、塔可贝尔后将其整合为旗下子公司，1997年百事可乐剥离该业务后，这些品牌整合为独立的百胜集团。目前百胜集团运营肯德基、必胜客、塔可贝尔、哈比特汉堡等多个餐饮品牌，同时布局相关餐饮科技业务。
酷澎（Coupang, Inc.）是2010年由金范锡创立的科技与线上零售企业，注册地为美国特拉华州，总部设于华盛顿州西雅图。公司核心业务覆盖电商零售、食品配送及OTT流媒体服务，业务布局及办公网点遍及韩国、中国台湾、美国、印度、日本、新加坡等多个国家和地区。
AKA vs CPNG — 直观对比
营收规模更大
CPNG
是对方的53.9倍
$163.9M
营收增速更快
CPNG
高出7.8%
3.1%
净利率更高
CPNG
高出8.5%
-8.8%
自由现金流更多
AKA
多$275.0M
$-278.0M
两年增速更快
AKA
近两年复合增速
11.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $163.9M | $8.8B |
| 净利润 | $-14.5M | $-26.0M |
| 毛利率 | 55.6% | 28.8% |
| 营业利润率 | -6.6% | 0.1% |
| 净利率 | -8.8% | -0.3% |
| 营收同比 | 3.1% | 10.9% |
| 净利润同比 | -55.0% | -116.7% |
| 每股收益（稀释后） | $-1.35 | $-0.02 |
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AKACPNG
| Q4 25 | $163.9M | $8.8B | ||
| Q3 25 | $147.1M | $9.3B | ||
| Q2 25 | $160.5M | $8.5B | ||
| Q1 25 | $128.7M | $7.9B | ||
| Q4 24 | $159.0M | $8.0B | ||
| Q3 24 | $149.9M | $7.9B | ||
| Q2 24 | $148.9M | $7.3B | ||
| Q1 24 | $116.8M | $7.1B |
净利润AKACPNG
| Q4 25 | $-14.5M | $-26.0M | ||
| Q3 25 | $-5.0M | $95.0M | ||
| Q2 25 | $-3.6M | $32.0M | ||
| Q1 25 | $-8.3M | $107.0M | ||
| Q4 24 | $-9.4M | $156.0M | ||
| Q3 24 | $-5.4M | $70.0M | ||
| Q2 24 | $-2.3M | $-77.0M | ||
| Q1 24 | $-8.9M | $5.0M |
毛利率AKACPNG
| Q4 25 | 55.6% | 28.8% | ||
| Q3 25 | 59.1% | 29.4% | ||
| Q2 25 | 57.5% | 30.0% | ||
| Q1 25 | 57.2% | 29.3% | ||
| Q4 24 | 55.9% | 31.3% | ||
| Q3 24 | 58.0% | 28.8% | ||
| Q2 24 | 57.7% | 29.3% | ||
| Q1 24 | 56.2% | 27.1% |
营业利润率AKACPNG
| Q4 25 | -6.6% | 0.1% | ||
| Q3 25 | -1.0% | 1.7% | ||
| Q2 25 | -0.3% | 1.7% | ||
| Q1 25 | -4.2% | 1.9% | ||
| Q4 24 | -1.8% | 3.9% | ||
| Q3 24 | -1.4% | 1.4% | ||
| Q2 24 | 0.4% | -0.3% | ||
| Q1 24 | -5.2% | 0.6% |
净利率AKACPNG
| Q4 25 | -8.8% | -0.3% | ||
| Q3 25 | -3.4% | 1.0% | ||
| Q2 25 | -2.3% | 0.4% | ||
| Q1 25 | -6.5% | 1.4% | ||
| Q4 24 | -5.9% | 2.0% | ||
| Q3 24 | -3.6% | 0.9% | ||
| Q2 24 | -1.5% | -1.1% | ||
| Q1 24 | -7.6% | 0.1% |
每股收益（稀释后）AKACPNG
| Q4 25 | $-1.35 | $-0.02 | ||
| Q3 25 | $-0.46 | $0.05 | ||
| Q2 25 | $-0.34 | $0.02 | ||
| Q1 25 | $-0.78 | $0.06 | ||
| Q4 24 | $-0.88 | $0.08 | ||
| Q3 24 | $-0.51 | $0.04 | ||
| Q2 24 | $-0.22 | $-0.04 | ||
| Q1 24 | $-0.85 | $0.00 |
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 | $20.3M | $6.3B |
| 总债务越低越好 | $111.1M | $648.0M |
| 股东权益账面价值 | $97.8M | $4.6B |
| 总资产 | $397.4M | $17.8B |
| 负债/权益比越低杠杆越低 | 1.14× | 0.14× |
8季度趋势，按日历期对齐
现金及短期投资AKACPNG
| Q4 25 | $20.3M | $6.3B | ||
| Q3 25 | $23.4M | $7.2B | ||
| Q2 25 | $23.1M | $6.8B | ||
| Q1 25 | $26.7M | $6.1B | ||
| Q4 24 | $24.2M | $5.9B | ||
| Q3 24 | $23.1M | $5.8B | ||
| Q2 24 | $25.5M | $5.5B | ||
| Q1 24 | $21.9M | $5.2B |
总债务AKACPNG
| Q4 25 | $111.1M | $648.0M | ||
| Q3 25 | $111.3M | — | ||
| Q2 25 | $108.7M | — | ||
| Q1 25 | $119.9M | — | ||
| Q4 24 | $111.7M | $988.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | $106.9M | — | ||
| Q1 24 | $103.6M | — |
股东权益AKACPNG
| Q4 25 | $97.8M | $4.6B | ||
| Q3 25 | $110.1M | $4.7B | ||
| Q2 25 | $114.1M | $4.7B | ||
| Q1 25 | $111.5M | $4.4B | ||
| Q4 24 | $117.6M | $4.1B | ||
| Q3 24 | $136.9M | $4.2B | ||
| Q2 24 | $136.6M | $3.9B | ||
| Q1 24 | $135.5M | $4.1B |
总资产AKACPNG
| Q4 25 | $397.4M | $17.8B | ||
| Q3 25 | $411.3M | $18.7B | ||
| Q2 25 | $410.8M | $17.8B | ||
| Q1 25 | $396.6M | $16.0B | ||
| Q4 24 | $385.2M | $15.3B | ||
| Q3 24 | $404.1M | $16.3B | ||
| Q2 24 | $388.8M | $15.2B | ||
| Q1 24 | $355.8M | $14.9B |
负债/权益比AKACPNG
| Q4 25 | 1.14× | 0.14× | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.95× | — | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | 0.95× | 0.24× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.78× | — | ||
| Q1 24 | 0.76× | — |
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 | $1.7M | $82.0M |
| 自由现金流经营现金流 - 资本支出 | $-3.0M | $-278.0M |
| 自由现金流率自由现金流/营收 | -1.9% | -3.1% |
| 资本支出强度资本支出/营收 | 2.9% | 4.1% |
| 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 | $-633.0K | $522.0M |
8季度趋势，按日历期对齐
经营现金流AKACPNG
| Q4 25 | $1.7M | $82.0M | ||
| Q3 25 | $4.7M | $792.0M | ||
| Q2 25 | $11.9M | $545.0M | ||
| Q1 25 | $-1.9M | $354.0M | ||
| Q4 24 | $7.0M | $676.0M | ||
| Q3 24 | $-2.1M | $334.0M | ||
| Q2 24 | $3.5M | $664.0M | ||
| Q1 24 | $-7.7M | $212.0M |
自由现金流AKACPNG
| Q4 25 | $-3.0M | $-278.0M | ||
| Q3 25 | $317.0K | $439.0M | ||
| Q2 25 | $7.4M | $246.0M | ||
| Q1 25 | $-5.3M | $115.0M | ||
| Q4 24 | $3.1M | $462.0M | ||
| Q3 24 | $-7.1M | $-46.0M | ||
| Q2 24 | $1.5M | $486.0M | ||
| Q1 24 | $-8.4M | $105.0M |
自由现金流率AKACPNG
| Q4 25 | -1.9% | -3.1% | ||
| Q3 25 | 0.2% | 4.7% | ||
| Q2 25 | 4.6% | 2.9% | ||
| Q1 25 | -4.1% | 1.5% | ||
| Q4 24 | 2.0% | 5.8% | ||
| Q3 24 | -4.7% | -0.6% | ||
| Q2 24 | 1.0% | 6.6% | ||
| Q1 24 | -7.2% | 1.5% |
资本支出强度AKACPNG
| Q4 25 | 2.9% | 4.1% | ||
| Q3 25 | 3.0% | 3.8% | ||
| Q2 25 | 2.8% | 3.5% | ||
| Q1 25 | 2.7% | 3.0% | ||
| Q4 24 | 2.5% | 2.7% | ||
| Q3 24 | 3.3% | 4.8% | ||
| Q2 24 | 1.3% | 2.4% | ||
| Q1 24 | 0.6% | 1.5% |
现金转化率AKACPNG
| Q4 25 | — | — | ||
| Q3 25 | — | 8.34× | ||
| Q2 25 | — | 17.03× | ||
| Q1 25 | — | 3.31× | ||
| Q4 24 | — | 4.33× | ||
| Q3 24 | — | 4.77× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 42.40× |
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
AKA
暂无分部数据
CPNG
| Products | $6.6B | 75% |
| Third Party Merchant Services | $1.9B | 22% |
| Service Other | $296.0M | 3% |
