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Alight, Inc.（ALIT）与阿里巴巴集团控股有限公司（BABA）财务数据对比。点击上方公司名可切换其他公司
阿里巴巴集团控股有限公司的季度营收约是Alight, Inc.的59.4倍（$38.8B vs $653.0M）。阿里巴巴集团控股有限公司净利率更高（5.8% vs -142.7%，领先148.5%）
Alight公司是一家美国信息技术与咨询企业，专注于人力资源相关业务，主打基于云的系统服务、业务外包与咨询服务，为大型企业提供人力资本管理平台与外包方案，业务范围涵盖健康福利管理、财务管理以及退休规划等领域。
阿里巴巴集团控股有限公司是1999年6月28日于浙江杭州创立的中国跨国科技企业，核心业务覆盖电商、零售、互联网及科技领域，运营面向中国及全球市场的C2C、B2C、B2B交易平台，同时提供本地生活服务、数字媒体娱乐、物流、云计算等多元服务，服务全球海量消费者与企业客户。
ALIT vs BABA — 直观对比
营收规模更大
BABA
是对方的59.4倍
$653.0M
净利率更高
BABA
高出148.5%
-142.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $653.0M | $38.8B |
| 净利润 | $-932.0M | $2.2B |
| 毛利率 | 36.8% | 40.2% |
| 营业利润率 | -114.9% | 6.6% |
| 净利率 | -142.7% | 5.8% |
| 营收同比 | -4.0% | — |
| 净利润同比 | -11750.0% | — |
| 每股收益（稀释后） | $-1.77 | $6.64 |
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ALITBABA
| Q4 25 | $653.0M | $38.8B | ||
| Q3 25 | $533.0M | $34.2B | ||
| Q2 25 | $528.0M | $32.6B | ||
| Q1 25 | $548.0M | — | ||
| Q4 24 | $680.0M | $38.7B | ||
| Q3 24 | $555.0M | — | ||
| Q2 24 | $538.0M | — | ||
| Q1 24 | $559.0M | — |
净利润ALITBABA
| Q4 25 | $-932.0M | $2.2B | ||
| Q3 25 | $-1.1B | $2.9B | ||
| Q2 25 | $-1.1B | $1.7B | ||
| Q1 25 | $-25.0M | — | ||
| Q4 24 | $8.0M | $6.8B | ||
| Q3 24 | $-74.0M | — | ||
| Q2 24 | $23.0M | — | ||
| Q1 24 | $-114.0M | — |
毛利率ALITBABA
| Q4 25 | 36.8% | 40.2% | ||
| Q3 25 | 33.4% | 39.2% | ||
| Q2 25 | 33.3% | 38.4% | ||
| Q1 25 | 31.2% | — | ||
| Q4 24 | 39.9% | 42.0% | ||
| Q3 24 | 31.4% | — | ||
| Q2 24 | 31.0% | — | ||
| Q1 24 | 32.6% | — |
营业利润率ALITBABA
| Q4 25 | -114.9% | 6.6% | ||
| Q3 25 | -248.0% | 2.2% | ||
| Q2 25 | -191.3% | 12.0% | ||
| Q1 25 | -1.5% | — | ||
| Q4 24 | 6.5% | 14.7% | ||
| Q3 24 | -7.6% | — | ||
| Q2 24 | -9.7% | — | ||
| Q1 24 | -7.2% | — |
净利率ALITBABA
| Q4 25 | -142.7% | 5.8% | ||
| Q3 25 | -200.2% | 8.5% | ||
| Q2 25 | -203.2% | 5.3% | ||
| Q1 25 | -4.6% | — | ||
| Q4 24 | 1.2% | 17.5% | ||
| Q3 24 | -13.3% | — | ||
| Q2 24 | 4.3% | — | ||
| Q1 24 | -20.4% | — |
每股收益（稀释后）ALITBABA
| Q4 25 | $-1.77 | $6.64 | ||
| Q3 25 | $-2.02 | $8.72 | ||
| Q2 25 | $-2.03 | $5.20 | ||
| Q1 25 | $-0.05 | — | ||
| Q4 24 | $0.02 | $20.40 | ||
| Q3 24 | $-0.14 | — | ||
| Q2 24 | $0.04 | — | ||
| Q1 24 | $-0.21 | — |
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 | $273.0M | $18.3B |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $1.0B | $148.7B |
| 总资产 | $4.6B | $268.6B |
| 负债/权益比越低杠杆越低 | 1.92× | — |
8季度趋势，按日历期对齐
现金及短期投资ALITBABA
| Q4 25 | $273.0M | $18.3B | ||
| Q3 25 | $205.0M | $19.0B | ||
| Q2 25 | $227.0M | $20.0B | ||
| Q1 25 | $223.0M | — | ||
| Q4 24 | $343.0M | $22.3B | ||
| Q3 24 | $300.0M | — | ||
| Q2 24 | $183.0M | — | ||
| Q1 24 | $256.0M | — |
总债务ALITBABA
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.8B | — |
股东权益ALITBABA
| Q4 25 | $1.0B | $148.7B | ||
| Q3 25 | $2.0B | $145.0B | ||
| Q2 25 | $3.1B | $139.2B | ||
| Q1 25 | $4.2B | — | ||
| Q4 24 | $4.3B | $137.2B | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $4.5B | — |
总资产ALITBABA
| Q4 25 | $4.6B | $268.6B | ||
| Q3 25 | $5.5B | $264.6B | ||
| Q2 25 | $6.8B | $248.6B | ||
| Q1 25 | $7.9B | — | ||
| Q4 24 | $8.2B | $254.1B | ||
| Q3 24 | $8.3B | — | ||
| Q2 24 | $10.5B | — | ||
| Q1 24 | $10.7B | — |
负债/权益比ALITBABA
| Q4 25 | 1.92× | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 0.65× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.62× | — |
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 | $124.0M | $5.2B |
| 自由现金流经营现金流 - 资本支出 | $99.0M | — |
| 自由现金流率自由现金流/营收 | 15.2% | — |
| 资本支出强度资本支出/营收 | 3.8% | — |
| 现金转化率经营现金流/净利润 | — | 2.31× |
| 过去12个月自由现金流最近4个季度 | $250.0M | — |
8季度趋势，按日历期对齐
经营现金流ALITBABA
| Q4 25 | $124.0M | $5.2B | ||
| Q3 25 | $77.0M | $1.4B | ||
| Q2 25 | $86.0M | $3.8B | ||
| Q1 25 | $73.0M | — | ||
| Q4 24 | $118.0M | $9.7B | ||
| Q3 24 | $-24.0M | — | ||
| Q2 24 | $58.0M | — | ||
| Q1 24 | $100.0M | — |
自由现金流ALITBABA
| Q4 25 | $99.0M | — | ||
| Q3 25 | $49.0M | — | ||
| Q2 25 | $58.0M | — | ||
| Q1 25 | $44.0M | — | ||
| Q4 24 | $92.0M | — | ||
| Q3 24 | $-52.0M | — | ||
| Q2 24 | $22.0M | — | ||
| Q1 24 | $69.0M | — |
自由现金流率ALITBABA
| Q4 25 | 15.2% | — | ||
| Q3 25 | 9.2% | — | ||
| Q2 25 | 11.0% | — | ||
| Q1 25 | 8.0% | — | ||
| Q4 24 | 13.5% | — | ||
| Q3 24 | -9.4% | — | ||
| Q2 24 | 4.1% | — | ||
| Q1 24 | 12.3% | — |
资本支出强度ALITBABA
| Q4 25 | 3.8% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 5.3% | — | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | 5.0% | — | ||
| Q2 24 | 6.7% | — | ||
| Q1 24 | 5.5% | — |
现金转化率ALITBABA
| Q4 25 | — | 2.31× | ||
| Q3 25 | — | 0.49× | ||
| Q2 25 | — | 2.19× | ||
| Q1 25 | — | — | ||
| Q4 24 | 14.75× | 1.43× | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.52× | — | ||
| 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
ALIT
| Recurring | $607.0M | 93% |
| Projects | $46.0M | 7% |
BABA
| Alibaba China E-commerce Group | $22.8B | 59% |
| All others | $9.6B | 25% |
| Cloud Intelligence Group | $6.2B | 16% |
