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亚什兰（ASH）与Playtika Holding Corp.（PLTK）财务数据对比。点击上方公司名可切换其他公司
Playtika Holding Corp.的季度营收约是亚什兰的1.8倍（$678.8M vs $386.0M），亚什兰净利率更高（-3.1% vs -45.6%，领先42.5%），Playtika Holding Corp.同比增速更快（4.4% vs -4.7%），Playtika Holding Corp.自由现金流更多（$275.2M vs $111.0M），过去两年Playtika Holding Corp.的营收复合增速更高（2.1% vs -18.1%）
亚什兰是一家总部位于美国特拉华州威尔明顿的化工企业，1924年始创于肯塔基州亚什兰市，最初以炼油业务起家，1994年迁至现总部。公司拥有多个业务板块，覆盖化工中间体与溶剂、复合材料、工业特种化学品、个人及家居护理、制药、食品饮料以及农业相关领域，2017年之前曾是胜牌润滑油的主要生产商。
Playtika Holding Corp是一家专注于移动端游戏开发与发行的以色列数字娱乐企业，主打休闲社交类手游产品，在全球拥有庞大用户群体。截至2021年，该公司月活跃用户规模已经突破3500万，是行业内影响力突出的移动游戏厂商。
ASH vs PLTK — 直观对比
营收规模更大
PLTK
是对方的1.8倍
$386.0M
营收增速更快
PLTK
高出9.1%
-4.7%
净利率更高
ASH
高出42.5%
-45.6%
自由现金流更多
PLTK
多$164.2M
$111.0M
两年增速更快
PLTK
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $678.8M |
| 净利润 | $-12.0M | $-309.3M |
| 毛利率 | 27.2% | 72.5% |
| 营业利润率 | -1.6% | -41.4% |
| 净利率 | -3.1% | -45.6% |
| 营收同比 | -4.7% | 4.4% |
| 净利润同比 | 92.7% | -1752.1% |
| 每股收益（稀释后） | $-0.26 | $-0.83 |
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ASHPLTK
| Q4 25 | $386.0M | $678.8M | ||
| Q3 25 | $477.0M | $674.6M | ||
| Q2 25 | $463.0M | $696.0M | ||
| Q1 25 | $479.0M | $706.0M | ||
| Q4 24 | $405.0M | $650.3M | ||
| Q3 24 | $521.0M | $620.8M | ||
| Q2 24 | $544.0M | $627.0M | ||
| Q1 24 | $575.0M | $651.2M |
净利润ASHPLTK
| Q4 25 | $-12.0M | $-309.3M | ||
| Q3 25 | $31.0M | $39.1M | ||
| Q2 25 | $-742.0M | $33.2M | ||
| Q1 25 | $31.0M | $30.6M | ||
| Q4 24 | $-165.0M | $-16.7M | ||
| Q3 24 | $17.0M | $39.3M | ||
| Q2 24 | $6.0M | $86.6M | ||
| Q1 24 | $120.0M | $53.0M |
毛利率ASHPLTK
| Q4 25 | 27.2% | 72.5% | ||
| Q3 25 | 33.3% | 73.6% | ||
| Q2 25 | 28.5% | 71.9% | ||
| Q1 25 | 30.7% | 72.0% | ||
| Q4 24 | 27.4% | 72.5% | ||
| Q3 24 | 33.2% | 72.9% | ||
| Q2 24 | 34.2% | 73.2% | ||
| Q1 24 | 28.0% | 72.8% |
营业利润率ASHPLTK
| Q4 25 | -1.6% | -41.4% | ||
| Q3 25 | 12.8% | 14.6% | ||
| Q2 25 | -152.9% | 15.8% | ||
| Q1 25 | 10.6% | 9.6% | ||
| Q4 24 | -44.2% | 8.5% | ||
| Q3 24 | 6.1% | 15.7% | ||
| Q2 24 | -11.2% | 22.4% | ||
| Q1 24 | 3.7% | 15.1% |
净利率ASHPLTK
| Q4 25 | -3.1% | -45.6% | ||
| Q3 25 | 6.5% | 5.8% | ||
| Q2 25 | -160.3% | 4.8% | ||
| Q1 25 | 6.5% | 4.3% | ||
| Q4 24 | -40.7% | -2.6% | ||
| Q3 24 | 3.3% | 6.3% | ||
| Q2 24 | 1.1% | 13.8% | ||
| Q1 24 | 20.9% | 8.1% |
每股收益（稀释后）ASHPLTK
| Q4 25 | $-0.26 | $-0.83 | ||
| Q3 25 | $0.83 | $0.11 | ||
| Q2 25 | $-16.21 | $0.09 | ||
| Q1 25 | $0.65 | $0.08 | ||
| Q4 24 | $-3.50 | $-0.04 | ||
| Q3 24 | $0.34 | $0.11 | ||
| Q2 24 | $0.12 | $0.23 | ||
| Q1 24 | $2.39 | $0.14 |
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 | $304.0M | $684.2M |
| 总债务越低越好 | $1.4B | $2.4B |
| 股东权益账面价值 | $1.9B | $-411.4M |
| 总资产 | $4.5B | $3.7B |
| 负债/权益比越低杠杆越低 | 0.74× | — |
8季度趋势，按日历期对齐
现金及短期投资ASHPLTK
| Q4 25 | $304.0M | $684.2M | ||
| Q3 25 | $215.0M | $587.9M | ||
| Q2 25 | $207.0M | $500.9M | ||
| Q1 25 | $168.0M | $434.8M | ||
| Q4 24 | $219.0M | $565.8M | ||
| Q3 24 | $300.0M | $1.1B | ||
| Q2 24 | $399.0M | $710.3M | ||
| Q1 24 | $439.0M | $1.0B |
总债务ASHPLTK
| Q4 25 | $1.4B | $2.4B | ||
| Q3 25 | $1.4B | $2.4B | ||
| Q2 25 | $1.4B | $2.4B | ||
| Q1 25 | $1.3B | $2.4B | ||
| Q4 24 | $1.3B | $2.4B | ||
| Q3 24 | $1.3B | $2.4B | ||
| Q2 24 | $1.3B | $2.4B | ||
| Q1 24 | $1.3B | $2.4B |
股东权益ASHPLTK
| Q4 25 | $1.9B | $-411.4M | ||
| Q3 25 | $1.9B | $-74.8M | ||
| Q2 25 | $1.9B | $-87.8M | ||
| Q1 25 | $2.6B | $-117.2M | ||
| Q4 24 | $2.6B | $-131.1M | ||
| Q3 24 | $2.9B | $-98.0M | ||
| Q2 24 | $3.0B | $-112.9M | ||
| Q1 24 | $3.1B | $-180.4M |
总资产ASHPLTK
| Q4 25 | $4.5B | $3.7B | ||
| Q3 25 | $4.6B | $3.7B | ||
| Q2 25 | $4.6B | $3.6B | ||
| Q1 25 | $5.2B | $3.6B | ||
| Q4 24 | $5.2B | $3.6B | ||
| Q3 24 | $5.6B | $3.2B | ||
| Q2 24 | $5.7B | $3.2B | ||
| Q1 24 | $5.9B | $3.1B |
负债/权益比ASHPLTK
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.45× | — | ||
| Q1 24 | 0.42× | — |
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 | $125.0M | $285.9M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $275.2M |
| 自由现金流率自由现金流/营收 | 28.8% | 40.5% |
| 资本支出强度资本支出/营收 | 3.6% | 1.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $200.0M | $531.4M |
8季度趋势，按日历期对齐
经营现金流ASHPLTK
| Q4 25 | $125.0M | $285.9M | ||
| Q3 25 | $40.0M | $116.9M | ||
| Q2 25 | $115.0M | $146.1M | ||
| Q1 25 | $9.0M | $18.8M | ||
| Q4 24 | $-30.0M | $153.1M | ||
| Q3 24 | $80.0M | $156.9M | ||
| Q2 24 | $127.0M | $150.5M | ||
| Q1 24 | $54.0M | $29.6M |
自由现金流ASHPLTK
| Q4 25 | $111.0M | $275.2M | ||
| Q3 25 | $6.0M | $106.5M | ||
| Q2 25 | $95.0M | $141.3M | ||
| Q1 25 | $-12.0M | $8.4M | ||
| Q4 24 | $-53.0M | $140.3M | ||
| Q3 24 | $42.0M | $152.1M | ||
| Q2 24 | $98.0M | $141.2M | ||
| Q1 24 | $20.0M | $15.6M |
自由现金流率ASHPLTK
| Q4 25 | 28.8% | 40.5% | ||
| Q3 25 | 1.3% | 15.8% | ||
| Q2 25 | 20.5% | 20.3% | ||
| Q1 25 | -2.5% | 1.2% | ||
| Q4 24 | -13.1% | 21.6% | ||
| Q3 24 | 8.1% | 24.5% | ||
| Q2 24 | 18.0% | 22.5% | ||
| Q1 24 | 3.5% | 2.4% |
资本支出强度ASHPLTK
| Q4 25 | 3.6% | 1.6% | ||
| Q3 25 | 7.1% | 1.5% | ||
| Q2 25 | 4.3% | 0.7% | ||
| Q1 25 | 4.4% | 1.5% | ||
| Q4 24 | 5.7% | 2.0% | ||
| Q3 24 | 7.3% | 0.8% | ||
| Q2 24 | 5.3% | 1.5% | ||
| Q1 24 | 5.9% | 2.1% |
现金转化率ASHPLTK
| Q4 25 | — | — | ||
| Q3 25 | 1.29× | 2.99× | ||
| Q2 25 | — | 4.40× | ||
| Q1 25 | 0.29× | 0.61× | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.71× | 3.99× | ||
| Q2 24 | 21.17× | 1.74× | ||
| Q1 24 | 0.45× | 0.56× |
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
ASH
| Personal Care And Household | $123.0M | 32% |
| Other | $120.0M | 31% |
| Specialty Additives | $36.0M | 9% |
| Intermediates And Solvents | $31.0M | 8% |
| Personal Care | $30.0M | 8% |
| Life Sciences | $27.0M | 7% |
| Intermediates | $19.0M | 5% |
PLTK
| Third Party Platform | $428.7M | 63% |
| Other | $158.8M | 23% |
| Asia Pacific | $52.7M | 8% |
| Other Geographic Location | $38.6M | 6% |
