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亚玛芬体育（AS）与狮门影业（LION）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狮门影业的1.5倍（$1.1B vs $724.3M），亚玛芬体育净利率更高（1.8% vs -6.4%，领先8.2%），亚玛芬体育自由现金流更多（$92.2M vs $-111.9M）
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。
狮门加拿大是狮门影业旗下的加拿大娱乐公司，总部位于多伦多娱乐区，核心业务涵盖电影与电视剧的制作、采购发行，为全球市场打造优质影视内容，在北美影视制作领域拥有丰富的行业资源与成熟的运营经验。
AS vs LION — 直观对比
营收规模更大
AS
是对方的1.5倍
$724.3M
净利率更高
AS
高出8.2%
-6.4%
自由现金流更多
AS
多$204.1M
$-111.9M
损益表 — Q1 FY2024 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $724.3M |
| 净利润 | $19.0M | $-46.2M |
| 毛利率 | 52.8% | — |
| 营业利润率 | 12.4% | 5.0% |
| 净利率 | 1.8% | -6.4% |
| 营收同比 | — | 52.5% |
| 净利润同比 | — | 59.3% |
| 每股收益（稀释后） | $0.05 | $-0.16 |
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ASLION
| Q4 25 | — | $724.3M | ||
| Q3 25 | — | $475.1M | ||
| Q2 25 | — | $525.9M | ||
| Q1 24 | $1.1B | — | ||
| Q4 23 | $1.3B | — |
净利润ASLION
| Q4 25 | — | $-46.2M | ||
| Q3 25 | — | $-113.5M | ||
| Q2 25 | — | $-108.9M | ||
| Q1 24 | $19.0M | — | ||
| Q4 23 | $-95.0M | — |
毛利率ASLION
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 24 | 52.8% | — | ||
| Q4 23 | 51.9% | — |
营业利润率ASLION
| Q4 25 | — | 5.0% | ||
| Q3 25 | — | -9.7% | ||
| Q2 25 | — | -2.0% | ||
| Q1 24 | 12.4% | — | ||
| Q4 23 | — | — |
净利率ASLION
| Q4 25 | — | -6.4% | ||
| Q3 25 | — | -23.9% | ||
| Q2 25 | — | -20.7% | ||
| Q1 24 | 1.8% | — | ||
| Q4 23 | -7.2% | — |
每股收益（稀释后）ASLION
| Q4 25 | — | $-0.16 | ||
| Q3 25 | — | $-0.39 | ||
| Q2 25 | — | $-0.40 | ||
| Q1 24 | $0.05 | — | ||
| Q4 23 | $-0.11 | — |
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 | — | $182.4M |
| 总债务越低越好 | — | $1.8B |
| 股东权益账面价值 | — | $-1.3B |
| 总资产 | — | $5.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ASLION
| Q4 25 | — | $182.4M | ||
| Q3 25 | — | $202.4M | ||
| Q2 25 | — | $186.1M | ||
| Q1 24 | — | — | ||
| Q4 23 | $483.4M | — |
总债务ASLION
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | $1.5B | ||
| Q1 24 | — | — | ||
| Q4 23 | $6.3B | — |
股东权益ASLION
| Q4 25 | — | $-1.3B | ||
| Q3 25 | — | $-1.3B | ||
| Q2 25 | — | $-1.1B | ||
| Q1 24 | — | — | ||
| Q4 23 | $-156.8M | — |
总资产ASLION
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.2B | ||
| Q2 25 | — | $5.2B | ||
| Q1 24 | — | — | ||
| Q4 23 | $8.4B | — |
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 | $-108.9M |
| 自由现金流经营现金流 - 资本支出 | $92.2M | $-111.9M |
| 自由现金流率自由现金流/营收 | 8.8% | -15.4% |
| 资本支出强度资本支出/营收 | 2.1% | 0.4% |
| 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ASLION
| Q4 25 | — | $-108.9M | ||
| Q3 25 | — | $-104.0M | ||
| Q2 25 | — | $-31.0M | ||
| Q1 24 | $114.3M | — | ||
| Q4 23 | $199.0M | — |
自由现金流ASLION
| Q4 25 | — | $-111.9M | ||
| Q3 25 | — | $-107.2M | ||
| Q2 25 | — | $-34.5M | ||
| Q1 24 | $92.2M | — | ||
| Q4 23 | $75.4M | — |
自由现金流率ASLION
| Q4 25 | — | -15.4% | ||
| Q3 25 | — | -22.6% | ||
| Q2 25 | — | -6.6% | ||
| Q1 24 | 8.8% | — | ||
| Q4 23 | 5.7% | — |
资本支出强度ASLION
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.7% | ||
| Q1 24 | 2.1% | — | ||
| Q4 23 | 9.4% | — |
现金转化率ASLION
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 24 | 6.02× | — | ||
| Q4 23 | — | — |
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% |
LION
| Television Production | $303.1M | 42% |
| Digital Media | $155.1M | 21% |
| Third Party Purchasers Individual Agreements | $91.2M | 13% |
| Theatrical | $70.7M | 10% |
| Domestic Television | $43.1M | 6% |
| Starz Business | $24.1M | 3% |
| Other Media | $17.6M | 2% |
| Packaged Media | $14.1M | 2% |
