vs
亚朵集团（ATAT）与骏利亨德森集团（JHG）财务数据对比。点击上方公司名可切换其他公司
骏利亨德森集团的季度营收约是亚朵集团的1.4倍（$1.1B vs $789.6M），骏利亨德森集团净利率更高（35.3% vs 17.6%，领先17.7%），亚朵集团同比增速更快（252.5% vs 61.3%），骏利亨德森集团自由现金流更多（$320.4M vs $210.7M）
亚朵生活控股是中国领先的文旅生活服务企业，主营中高端连锁酒店运营业务，面向商旅及休闲出行人群提供高品质住宿服务，同时配套布局生活文创零售、场景体验等多元业务，覆盖国内核心城市及部分海外市场。
骏利亨德森集团是英美联手设立的全球资产管理企业，总部位于英国伦敦金融城，旗下以「骏利亨德森投资者」为运营品牌，面向全球个人投资者、中介顾问及机构客户提供多元金融产品与专业资产管理服务。
ATAT vs JHG — 直观对比
营收规模更大
JHG
是对方的1.4倍
$789.6M
营收增速更快
ATAT
高出191.3%
61.3%
净利率更高
JHG
高出17.7%
17.6%
自由现金流更多
JHG
多$109.7M
$210.7M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $789.6M | $1.1B |
| 净利润 | $139.1M | $403.2M |
| 毛利率 | — | — |
| 营业利润率 | 22.5% | 42.7% |
| 净利率 | 17.6% | 35.3% |
| 营收同比 | 252.5% | 61.3% |
| 净利润同比 | 322.2% | 231.0% |
| 每股收益（稀释后） | $0.33 | $2.59 |
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ATATJHG
| Q4 25 | — | $1.1B | ||
| Q3 25 | $789.6M | $700.4M | ||
| Q2 25 | — | $633.2M | ||
| Q1 25 | — | $621.4M | ||
| Q4 24 | — | $708.3M | ||
| Q3 24 | $224.0M | $624.8M | ||
| Q2 24 | — | $588.4M | ||
| Q1 24 | $203.4M | $551.7M |
净利润ATATJHG
| Q4 25 | — | $403.2M | ||
| Q3 25 | $139.1M | $142.1M | ||
| Q2 25 | — | $149.9M | ||
| Q1 25 | — | $120.7M | ||
| Q4 24 | — | $121.8M | ||
| Q3 24 | $33.0M | $27.3M | ||
| Q2 24 | — | $129.7M | ||
| Q1 24 | $35.6M | $130.1M |
营业利润率ATATJHG
| Q4 25 | — | 42.7% | ||
| Q3 25 | 22.5% | 24.6% | ||
| Q2 25 | — | 25.9% | ||
| Q1 25 | — | 24.7% | ||
| Q4 24 | — | 27.9% | ||
| Q3 24 | 14.7% | 26.4% | ||
| Q2 24 | — | 27.9% | ||
| Q1 24 | 22.1% | 21.6% |
净利率ATATJHG
| Q4 25 | — | 35.3% | ||
| Q3 25 | 17.6% | 20.3% | ||
| Q2 25 | — | 23.7% | ||
| Q1 25 | — | 19.4% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | 14.7% | 4.4% | ||
| Q2 24 | — | 22.0% | ||
| Q1 24 | 17.5% | 23.6% |
每股收益（稀释后）ATATJHG
| Q4 25 | — | $2.59 | ||
| Q3 25 | $0.33 | $0.92 | ||
| Q2 25 | — | $0.95 | ||
| Q1 25 | — | $0.77 | ||
| Q4 24 | — | $0.77 | ||
| Q3 24 | $0.08 | $0.17 | ||
| Q2 24 | — | $0.81 | ||
| Q1 24 | $0.09 | $0.81 |
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 | $669.2M | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $405.0M | $5.1B |
| 总资产 | $1.1B | $8.3B |
| 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ATATJHG
| Q4 25 | — | $1.6B | ||
| Q3 25 | $669.2M | $1.4B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $506.0M | $1.8B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | $520.7M | $1.1B |
总债务ATATJHG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $277.0K | — |
股东权益ATATJHG
| Q4 25 | — | $5.1B | ||
| Q3 25 | $405.0M | $4.8B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.6B | ||
| Q3 24 | $291.3M | $4.6B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | $323.5M | $4.4B |
总资产ATATJHG
| Q4 25 | — | $8.3B | ||
| Q3 25 | $1.1B | $7.6B | ||
| Q2 25 | — | $7.5B | ||
| Q1 25 | — | $7.1B | ||
| Q4 24 | — | $7.0B | ||
| Q3 24 | $927.8M | $7.3B | ||
| Q2 24 | — | $6.4B | ||
| Q1 24 | $936.3M | $6.3B |
负债/权益比ATATJHG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.00× | — |
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 | $216.6M | $322.7M |
| 自由现金流经营现金流 - 资本支出 | $210.7M | $320.4M |
| 自由现金流率自由现金流/营收 | 26.7% | 28.0% |
| 资本支出强度资本支出/营收 | 0.8% | 0.2% |
| 现金转化率经营现金流/净利润 | 1.56× | 0.80× |
| 过去12个月自由现金流最近4个季度 | $359.6M | $710.9M |
8季度趋势，按日历期对齐
经营现金流ATATJHG
| Q4 25 | — | $322.7M | ||
| Q3 25 | $216.6M | $258.8M | ||
| Q2 25 | — | $135.2M | ||
| Q1 25 | — | $2.8M | ||
| Q4 24 | — | $247.3M | ||
| Q3 24 | $84.8M | $228.5M | ||
| Q2 24 | — | $223.8M | ||
| Q1 24 | $19.8M | $-5.0M |
自由现金流ATATJHG
| Q4 25 | — | $320.4M | ||
| Q3 25 | $210.7M | $256.4M | ||
| Q2 25 | — | $133.2M | ||
| Q1 25 | — | $900.0K | ||
| Q4 24 | — | $243.5M | ||
| Q3 24 | $83.3M | $225.9M | ||
| Q2 24 | — | $221.9M | ||
| Q1 24 | $18.1M | $-6.8M |
自由现金流率ATATJHG
| Q4 25 | — | 28.0% | ||
| Q3 25 | 26.7% | 36.6% | ||
| Q2 25 | — | 21.0% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 34.4% | ||
| Q3 24 | 37.2% | 36.2% | ||
| Q2 24 | — | 37.7% | ||
| Q1 24 | 8.9% | -1.2% |
资本支出强度ATATJHG
| Q4 25 | — | 0.2% | ||
| Q3 25 | 0.8% | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | 0.7% | 0.4% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | 0.9% | 0.3% |
现金转化率ATATJHG
| Q4 25 | — | 0.80× | ||
| Q3 25 | 1.56× | 1.82× | ||
| Q2 25 | — | 0.90× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | — | 2.03× | ||
| Q3 24 | 2.57× | 8.37× | ||
| Q2 24 | — | 1.73× | ||
| Q1 24 | 0.56× | -0.04× |
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
ATAT
暂无分部数据
JHG
| Investment Advice | $585.2M | 51% |
| Investment Performance | $425.8M | 37% |
| Other | $76.4M | 7% |
