vs
亚玛芬体育（AS）与Grocery Outlet Holding Corp.（GO）财务数据对比。点击上方公司名可切换其他公司
Grocery Outlet Holding Corp.的季度营收约是亚玛芬体育的1.2倍（$1.2B vs $1.1B），亚玛芬体育净利率更高（1.8% vs -18.5%，领先20.3%）
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。
Grocery Outlet Holding Corp.是美国知名的折扣清仓零售企业，旗下所有门店均为超市，主打销售品牌厂商及自有品牌供应商的库存积压与清仓商品，价格优惠。目前该公司的门店已分布在美国加利福尼亚、俄勒冈、华盛顿、爱达荷等十余州。
AS vs GO — 直观对比
营收规模更大
GO
是对方的1.2倍
$1.1B
净利率更高
AS
高出20.3%
-18.5%
损益表 — Q1 FY2024 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $19.0M | $-224.9M |
| 毛利率 | 52.8% | 29.7% |
| 营业利润率 | 12.4% | — |
| 净利率 | 1.8% | -18.5% |
| 营收同比 | — | 10.7% |
| 净利润同比 | — | -669.9% |
| 每股收益（稀释后） | $0.05 | $-2.22 |
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ASGO
| Q1 26 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | $1.1B | $1.0B |
净利润ASGO
| Q1 26 | — | $-224.9M | ||
| Q3 25 | — | $11.6M | ||
| Q2 25 | — | $5.0M | ||
| Q1 25 | — | $-23.3M | ||
| Q4 24 | — | $2.3M | ||
| Q3 24 | — | $24.2M | ||
| Q2 24 | — | $14.0M | ||
| Q1 24 | $19.0M | $-1.0M |
毛利率ASGO
| Q1 26 | — | 29.7% | ||
| Q3 25 | — | 30.4% | ||
| Q2 25 | — | 30.6% | ||
| Q1 25 | — | 30.4% | ||
| Q4 24 | — | 29.5% | ||
| Q3 24 | — | 31.1% | ||
| Q2 24 | — | 30.9% | ||
| Q1 24 | 52.8% | 29.3% |
营业利润率ASGO
| Q1 26 | — | — | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | -2.0% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | 12.4% | 0.1% |
净利率ASGO
| Q1 26 | — | -18.5% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | -2.1% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | 1.8% | -0.1% |
每股收益（稀释后）ASGO
| Q1 26 | — | $-2.22 | ||
| Q3 25 | — | $0.12 | ||
| Q2 25 | — | $0.05 | ||
| Q1 25 | — | $-0.24 | ||
| Q4 24 | — | $0.03 | ||
| Q3 24 | — | $0.24 | ||
| Q2 24 | — | $0.14 | ||
| Q1 24 | $0.05 | $-0.01 |
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 | — | $69.6M |
| 总债务越低越好 | — | $15.0M |
| 股东权益账面价值 | — | $983.7M |
| 总资产 | — | $3.1B |
| 负债/权益比越低杠杆越低 | — | 0.02× |
8季度趋势，按日历期对齐
现金及短期投资ASGO
| Q1 26 | — | $69.6M | ||
| Q3 25 | — | $52.1M | ||
| Q2 25 | — | $55.2M | ||
| Q1 25 | — | $50.9M | ||
| Q4 24 | — | $62.8M | ||
| Q3 24 | — | $68.7M | ||
| Q2 24 | — | $67.1M | ||
| Q1 24 | — | $66.9M |
总债务ASGO
| Q1 26 | — | $15.0M | ||
| Q3 25 | — | $500.3M | ||
| Q2 25 | — | $473.9M | ||
| Q1 25 | — | $475.7M | ||
| Q4 24 | — | $477.5M | ||
| Q3 24 | — | $429.3M | ||
| Q2 24 | — | $379.2M | ||
| Q1 24 | — | $291.0M |
股东权益ASGO
| Q1 26 | — | $983.7M | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
总资产ASGO
| Q1 26 | — | $3.1B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | — | $3.3B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $3.0B |
负债/权益比ASGO
| Q1 26 | — | 0.02× | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.31× | ||
| Q1 24 | — | 0.24× |
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 | $114.3M | $222.1M |
| 自由现金流经营现金流 - 资本支出 | $92.2M | — |
| 自由现金流率自由现金流/营收 | 8.8% | — |
| 资本支出强度资本支出/营收 | 2.1% | — |
| 现金转化率经营现金流/净利润 | 6.02× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ASGO
| Q1 26 | — | $222.1M | ||
| Q3 25 | — | $17.3M | ||
| Q2 25 | — | $73.6M | ||
| Q1 25 | — | $58.9M | ||
| Q4 24 | — | $39.5M | ||
| Q3 24 | — | $23.0M | ||
| Q2 24 | — | $41.6M | ||
| Q1 24 | $114.3M | $7.8M |
自由现金流ASGO
| Q1 26 | — | — | ||
| Q3 25 | — | $-21.6M | ||
| Q2 25 | — | $14.4M | ||
| Q1 25 | — | $-1.5M | ||
| Q4 24 | — | $-19.6M | ||
| Q3 24 | — | $-19.3M | ||
| Q2 24 | — | $2.7M | ||
| Q1 24 | $92.2M | $-38.4M |
自由现金流率ASGO
| Q1 26 | — | — | ||
| Q3 25 | — | -1.8% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | -0.1% | ||
| Q4 24 | — | -1.8% | ||
| Q3 24 | — | -1.7% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | 8.8% | -3.7% |
资本支出强度ASGO
| Q1 26 | — | — | ||
| Q3 25 | — | 3.3% | ||
| Q2 25 | — | 5.0% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | 5.4% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | 3.4% | ||
| Q1 24 | 2.1% | 4.5% |
现金转化率ASGO
| Q1 26 | — | — | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | — | 14.84× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 17.09× | ||
| Q3 24 | — | 0.95× | ||
| Q2 24 | — | 2.97× | ||
| Q1 24 | 6.02× | — |
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% |
GO
暂无分部数据
