vs
亚玛芬体育（AS）与Opendoor Technologies Inc.（OPEN）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Opendoor Technologies Inc.的1.4倍（$1.1B vs $736.0M），亚玛芬体育净利率更高（1.8% vs -148.9%，领先150.7%），亚玛芬体育自由现金流更多（$92.2M vs $67.0M）
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。
Opendoor Technologies Inc.是一家主营住宅房地产买卖的线上企业，总部位于旧金山。平台可通过线上流程向房主提供房屋即时现金报价，收购房产后进行修缮再重新挂牌出售，同时还提供基于移动端应用的购房服务及配套融资方案，截至2021年11月业务覆盖美国44个区域市场。
AS vs OPEN — 直观对比
营收规模更大
AS
是对方的1.4倍
$736.0M
净利率更高
AS
高出150.7%
-148.9%
自由现金流更多
AS
多$25.2M
$67.0M
损益表 — Q1 FY2024 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $736.0M |
| 净利润 | $19.0M | $-1.1B |
| 毛利率 | 52.8% | 7.7% |
| 营业利润率 | 12.4% | -20.4% |
| 净利率 | 1.8% | -148.9% |
| 营收同比 | — | -32.1% |
| 净利润同比 | — | -869.9% |
| 每股收益（稀释后） | $0.05 | $-1.42 |
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ASOPEN
| Q4 25 | — | $736.0M | ||
| Q3 25 | — | $915.0M | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | $1.1B | $1.2B |
净利润ASOPEN
| Q4 25 | — | $-1.1B | ||
| Q3 25 | — | $-90.0M | ||
| Q2 25 | — | $-29.0M | ||
| Q1 25 | — | $-85.0M | ||
| Q4 24 | — | $-113.0M | ||
| Q3 24 | — | $-78.0M | ||
| Q2 24 | — | $-92.0M | ||
| Q1 24 | $19.0M | $-109.0M |
毛利率ASOPEN
| Q4 25 | — | 7.7% | ||
| Q3 25 | — | 7.2% | ||
| Q2 25 | — | 8.2% | ||
| Q1 25 | — | 8.6% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | 8.5% | ||
| Q1 24 | 52.8% | 9.7% |
营业利润率ASOPEN
| Q4 25 | — | -20.4% | ||
| Q3 25 | — | -7.4% | ||
| Q2 25 | — | -0.8% | ||
| Q1 25 | — | -4.9% | ||
| Q4 24 | — | -8.7% | ||
| Q3 24 | — | -4.9% | ||
| Q2 24 | — | -4.8% | ||
| Q1 24 | 12.4% | -7.4% |
净利率ASOPEN
| Q4 25 | — | -148.9% | ||
| Q3 25 | — | -9.8% | ||
| Q2 25 | — | -1.9% | ||
| Q1 25 | — | -7.4% | ||
| Q4 24 | — | -10.4% | ||
| Q3 24 | — | -5.7% | ||
| Q2 24 | — | -6.1% | ||
| Q1 24 | 1.8% | -9.2% |
每股收益（稀释后）ASOPEN
| Q4 25 | — | $-1.42 | ||
| Q3 25 | — | $-0.12 | ||
| Q2 25 | — | $-0.04 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | — | $-0.16 | ||
| Q3 24 | — | $-0.11 | ||
| Q2 24 | — | $-0.13 | ||
| Q1 24 | $0.05 | $-0.16 |
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 | — | $962.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $1.0B |
| 总资产 | — | $2.4B |
| 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ASOPEN
| Q4 25 | — | $962.0M | ||
| Q3 25 | — | $962.0M | ||
| Q2 25 | — | $789.0M | ||
| Q1 25 | — | $559.0M | ||
| Q4 24 | — | $679.0M | ||
| Q3 24 | — | $837.0M | ||
| Q2 24 | — | $809.0M | ||
| Q1 24 | — | $990.0M |
股东权益ASOPEN
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $811.0M | ||
| Q2 25 | — | $631.0M | ||
| Q1 25 | — | $645.0M | ||
| Q4 24 | — | $713.0M | ||
| Q3 24 | — | $801.0M | ||
| Q2 24 | — | $845.0M | ||
| Q1 24 | — | $899.0M |
总资产ASOPEN
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | $3.4B | ||
| Q1 24 | — | $3.4B |
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 | $70.0M |
| 自由现金流经营现金流 - 资本支出 | $92.2M | $67.0M |
| 自由现金流率自由现金流/营收 | 8.8% | 9.1% |
| 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 | — | $1.0B |
8季度趋势，按日历期对齐
经营现金流ASOPEN
| Q4 25 | — | $70.0M | ||
| Q3 25 | — | $435.0M | ||
| Q2 25 | — | $823.0M | ||
| Q1 25 | — | $-279.0M | ||
| Q4 24 | — | $-80.0M | ||
| Q3 24 | — | $62.0M | ||
| Q2 24 | — | $-399.0M | ||
| Q1 24 | $114.3M | $-178.0M |
自由现金流ASOPEN
| Q4 25 | — | $67.0M | ||
| Q3 25 | — | $432.0M | ||
| Q2 25 | — | $821.0M | ||
| Q1 25 | — | $-283.0M | ||
| Q4 24 | — | $-83.0M | ||
| Q3 24 | — | $56.0M | ||
| Q2 24 | — | $-407.0M | ||
| Q1 24 | $92.2M | $-186.0M |
自由现金流率ASOPEN
| Q4 25 | — | 9.1% | ||
| Q3 25 | — | 47.2% | ||
| Q2 25 | — | 52.4% | ||
| Q1 25 | — | -24.5% | ||
| Q4 24 | — | -7.7% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | -26.9% | ||
| Q1 24 | 8.8% | -15.7% |
资本支出强度ASOPEN
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | 2.1% | 0.7% |
现金转化率ASOPEN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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% |
OPEN
暂无分部数据
