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亚玛芬体育（AS）与AvalonBay Communities（AVB）财务数据对比。点击上方公司名可切换其他公司
亚玛芬体育的季度营收约是AvalonBay Communities的1.4倍（$1.1B vs $767.9M），AvalonBay Communities净利率更高（9040.6% vs 1.8%，领先9038.8%），AvalonBay Communities自由现金流更多（$1.4B vs $92.2M）
亚玛芬体育是芬兰跨国运动装备企业，总部位于赫尔辛基，成立于1950年。早年为涉足烟草贸易、航运、出版等领域的多元化工业集团，后逐步转型专注于体育用品的生产与营销，现有员工超9700人，2018年起成为中国安踏体育旗下子公司。
AvalonBay Communities是一家公开上市的房地产投资信托（REIT），核心业务聚焦公寓类不动产的投资与运营，旗下持有并管理大量区位优质的公寓项目，为租户提供高品质居住服务，在北美住宅地产投资领域拥有较高知名度。
AS vs AVB — 直观对比
营收规模更大
AS
是对方的1.4倍
$767.9M
净利率更高
AVB
高出9038.8%
1.8%
自由现金流更多
AVB
多$1.3B
$92.2M
损益表 — Q1 FY2024 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $767.9M |
| 净利润 | $19.0M | $166.0M |
| 毛利率 | 52.8% | — |
| 营业利润率 | 12.4% | 64.2% |
| 净利率 | 1.8% | 9040.6% |
| 营收同比 | — | 3.7% |
| 净利润同比 | — | -41.2% |
| 每股收益（稀释后） | $0.05 | $1.18 |
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ASAVB
| Q4 25 | — | $767.9M | ||
| Q3 25 | — | $766.8M | ||
| Q2 25 | — | $760.2M | ||
| Q1 25 | — | $745.9M | ||
| Q4 24 | — | $740.5M | ||
| Q3 24 | — | $734.3M | ||
| Q2 24 | — | $726.0M | ||
| Q1 24 | $1.1B | $712.9M |
净利润ASAVB
| Q4 25 | — | $166.0M | ||
| Q3 25 | — | $381.3M | ||
| Q2 25 | — | $268.7M | ||
| Q1 25 | — | $236.6M | ||
| Q4 24 | — | $282.1M | ||
| Q3 24 | — | $372.5M | ||
| Q2 24 | — | $253.9M | ||
| Q1 24 | $19.0M | $173.4M |
毛利率ASAVB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 52.8% | — |
营业利润率ASAVB
| Q4 25 | — | 64.2% | ||
| Q3 25 | — | 65.7% | ||
| Q2 25 | — | 67.6% | ||
| Q1 25 | — | 68.5% | ||
| Q4 24 | — | 63.1% | ||
| Q3 24 | — | 65.4% | ||
| Q2 24 | — | 66.6% | ||
| Q1 24 | 12.4% | 67.2% |
净利率ASAVB
| Q4 25 | — | 9040.6% | ||
| Q3 25 | — | 49.7% | ||
| Q2 25 | — | 35.3% | ||
| Q1 25 | — | 31.7% | ||
| Q4 24 | — | 38.1% | ||
| Q3 24 | — | 50.7% | ||
| Q2 24 | — | 35.0% | ||
| Q1 24 | 1.8% | 24.3% |
每股收益（稀释后）ASAVB
| Q4 25 | — | $1.18 | ||
| Q3 25 | — | $2.68 | ||
| Q2 25 | — | $1.88 | ||
| Q1 25 | — | $1.66 | ||
| Q4 24 | — | $1.99 | ||
| Q3 24 | — | $2.61 | ||
| Q2 24 | — | $1.78 | ||
| Q1 24 | $0.05 | $1.22 |
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 | — | $187.2M |
| 总债务越低越好 | — | $9.3B |
| 股东权益账面价值 | — | $11.6B |
| 总资产 | — | $22.2B |
| 负债/权益比越低杠杆越低 | — | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资ASAVB
| Q4 25 | — | $187.2M | ||
| Q3 25 | — | $123.3M | ||
| Q2 25 | — | $102.8M | ||
| Q1 25 | — | $53.3M | ||
| Q4 24 | — | $108.6M | ||
| Q3 24 | — | $552.4M | ||
| Q2 24 | — | $545.8M | ||
| Q1 24 | — | $287.9M |
总债务ASAVB
| Q4 25 | — | $9.3B | ||
| Q3 25 | — | $8.7B | ||
| Q2 25 | — | $8.7B | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | — | $8.1B | ||
| Q3 24 | — | $8.4B | ||
| Q2 24 | — | $8.4B | ||
| Q1 24 | — | $8.0B |
股东权益ASAVB
| Q4 25 | — | $11.6B | ||
| Q3 25 | — | $11.9B | ||
| Q2 25 | — | $11.9B | ||
| Q1 25 | — | $11.9B | ||
| Q4 24 | — | $11.9B | ||
| Q3 24 | — | $11.9B | ||
| Q2 24 | — | $11.7B | ||
| Q1 24 | — | $11.7B |
总资产ASAVB
| Q4 25 | — | $22.2B | ||
| Q3 25 | — | $21.9B | ||
| Q2 25 | — | $21.8B | ||
| Q1 25 | — | $21.2B | ||
| Q4 24 | — | $21.0B | ||
| Q3 24 | — | $21.3B | ||
| Q2 24 | — | $21.0B | ||
| Q1 24 | — | $20.6B |
负债/权益比ASAVB
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.73× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.71× | ||
| Q1 24 | — | 0.68× |
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 | $114.3M | $1.7B |
| 自由现金流经营现金流 - 资本支出 | $92.2M | $1.4B |
| 自由现金流率自由现金流/营收 | 8.8% | 183.5% |
| 资本支出强度资本支出/营收 | 2.1% | 34.1% |
| 现金转化率经营现金流/净利润 | 6.02× | 10.07× |
| 过去12个月自由现金流最近4个季度 | — | $2.5B |
8季度趋势，按日历期对齐
经营现金流ASAVB
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $477.0M | ||
| Q2 25 | — | $377.8M | ||
| Q1 25 | — | $415.9M | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $486.2M | ||
| Q2 24 | — | $380.0M | ||
| Q1 24 | $114.3M | $412.9M |
自由现金流ASAVB
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $402.2M | ||
| Q2 25 | — | $317.1M | ||
| Q1 25 | — | $367.5M | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $434.2M | ||
| Q2 24 | — | $333.0M | ||
| Q1 24 | $92.2M | $375.4M |
自由现金流率ASAVB
| Q4 25 | — | 183.5% | ||
| Q3 25 | — | 52.5% | ||
| Q2 25 | — | 41.7% | ||
| Q1 25 | — | 49.3% | ||
| Q4 24 | — | 191.0% | ||
| Q3 24 | — | 59.1% | ||
| Q2 24 | — | 45.9% | ||
| Q1 24 | 8.8% | 52.7% |
资本支出强度ASAVB
| Q4 25 | — | 34.1% | ||
| Q3 25 | — | 9.8% | ||
| Q2 25 | — | 8.0% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | — | 26.1% | ||
| Q3 24 | — | 7.1% | ||
| Q2 24 | — | 6.5% | ||
| Q1 24 | 2.1% | 5.3% |
现金转化率ASAVB
| Q4 25 | — | 10.07× | ||
| Q3 25 | — | 1.25× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.76× | ||
| Q4 24 | — | 5.70× | ||
| Q3 24 | — | 1.31× | ||
| Q2 24 | — | 1.50× | ||
| Q1 24 | 6.02× | 2.38× |
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
AS
| Americas2 | $409.6M | 39% |
| EMEA1 | $356.9M | 34% |
| Greater China3 | $205.6M | 20% |
| Asia Pacific4 | $78.2M | 7% |
AVB
暂无分部数据
