vs
亚朵集团（ATAT）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是亚朵集团的1.5倍（$1.2B vs $789.6M），亚朵集团净利率更高（17.6% vs 9.1%，领先8.5%），亚朵集团同比增速更快（252.5% vs 5.4%），亚朵集团自由现金流更多（$210.7M vs $186.5M）
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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
ATAT vs RBA — 直观对比
营收规模更大
RBA
是对方的1.5倍
$789.6M
营收增速更快
ATAT
高出247.1%
5.4%
净利率更高
ATAT
高出8.5%
9.1%
自由现金流更多
ATAT
多$24.2M
$186.5M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $789.6M | $1.2B |
| 净利润 | $139.1M | $109.7M |
| 毛利率 | — | — |
| 营业利润率 | 22.5% | 14.7% |
| 净利率 | 17.6% | 9.1% |
| 营收同比 | 252.5% | 5.4% |
| 净利润同比 | 322.2% | -7.4% |
| 每股收益（稀释后） | $0.33 | $0.53 |
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ATATRBA
| Q4 25 | — | $1.2B | ||
| Q3 25 | $789.6M | $1.1B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $224.0M | $981.8M | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | $203.4M | $1.1B |
净利润ATATRBA
| Q4 25 | — | $109.7M | ||
| Q3 25 | $139.1M | $95.5M | ||
| Q2 25 | — | $109.8M | ||
| Q1 25 | — | $113.4M | ||
| Q4 24 | — | $118.5M | ||
| Q3 24 | $33.0M | $76.1M | ||
| Q2 24 | — | $111.1M | ||
| Q1 24 | $35.6M | $107.4M |
营业利润率ATATRBA
| Q4 25 | — | 14.7% | ||
| Q3 25 | 22.5% | 14.5% | ||
| Q2 25 | — | 15.9% | ||
| Q1 25 | — | 17.1% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | 14.7% | 15.6% | ||
| Q2 24 | — | 18.4% | ||
| Q1 24 | 22.1% | 18.7% |
净利率ATATRBA
| Q4 25 | — | 9.1% | ||
| Q3 25 | 17.6% | 8.7% | ||
| Q2 25 | — | 9.3% | ||
| Q1 25 | — | 10.2% | ||
| Q4 24 | — | 10.4% | ||
| Q3 24 | 14.7% | 7.8% | ||
| Q2 24 | — | 10.1% | ||
| Q1 24 | 17.5% | 10.1% |
每股收益（稀释后）ATATRBA
| Q4 25 | — | $0.53 | ||
| Q3 25 | $0.33 | $0.43 | ||
| Q2 25 | — | $0.53 | ||
| Q1 25 | — | $0.55 | ||
| Q4 24 | — | $0.58 | ||
| Q3 24 | $0.08 | $0.36 | ||
| Q2 24 | — | $0.54 | ||
| Q1 24 | $0.09 | $0.53 |
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 | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $405.0M | $5.6B |
| 总资产 | $1.1B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资ATATRBA
| Q4 25 | — | $531.5M | ||
| Q3 25 | $669.2M | $674.7M | ||
| Q2 25 | — | $710.2M | ||
| Q1 25 | — | $578.1M | ||
| Q4 24 | — | $533.9M | ||
| Q3 24 | $506.0M | $650.7M | ||
| Q2 24 | — | $599.5M | ||
| Q1 24 | $520.7M | $462.8M |
总债务ATATRBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | $277.0K | $2.9B |
股东权益ATATRBA
| Q4 25 | — | $5.6B | ||
| Q3 25 | $405.0M | $5.5B | ||
| Q2 25 | — | $5.5B | ||
| Q1 25 | — | $5.3B | ||
| Q4 24 | — | $5.2B | ||
| Q3 24 | $291.3M | $5.2B | ||
| Q2 24 | — | $5.2B | ||
| Q1 24 | $323.5M | $5.1B |
总资产ATATRBA
| Q4 25 | — | $12.1B | ||
| Q3 25 | $1.1B | $12.2B | ||
| Q2 25 | — | $12.2B | ||
| Q1 25 | — | $11.9B | ||
| Q4 24 | — | $11.8B | ||
| Q3 24 | $927.8M | $11.9B | ||
| Q2 24 | — | $12.1B | ||
| Q1 24 | $936.3M | $12.0B |
负债/权益比ATATRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | 0.00× | 0.58× |
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 | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $210.7M | $186.5M |
| 自由现金流率自由现金流/营收 | 26.7% | 15.5% |
| 资本支出强度资本支出/营收 | 0.8% | 5.7% |
| 现金转化率经营现金流/净利润 | 1.56× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $359.6M | $719.2M |
8季度趋势，按日历期对齐
经营现金流ATATRBA
| Q4 25 | — | $255.2M | ||
| Q3 25 | $216.6M | $239.7M | ||
| Q2 25 | — | $326.5M | ||
| Q1 25 | — | $156.8M | ||
| Q4 24 | — | $184.5M | ||
| Q3 24 | $84.8M | $285.4M | ||
| Q2 24 | — | $337.3M | ||
| Q1 24 | $19.8M | $124.8M |
自由现金流ATATRBA
| Q4 25 | — | $186.5M | ||
| Q3 25 | $210.7M | $188.5M | ||
| Q2 25 | — | $241.7M | ||
| Q1 25 | — | $102.5M | ||
| Q4 24 | — | $127.9M | ||
| Q3 24 | $83.3M | $248.5M | ||
| Q2 24 | — | $308.6M | ||
| Q1 24 | $18.1M | $79.6M |
自由现金流率ATATRBA
| Q4 25 | — | 15.5% | ||
| Q3 25 | 26.7% | 17.3% | ||
| Q2 25 | — | 20.4% | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | 37.2% | 25.3% | ||
| Q2 24 | — | 28.2% | ||
| Q1 24 | 8.9% | 7.5% |
资本支出强度ATATRBA
| Q4 25 | — | 5.7% | ||
| Q3 25 | 0.8% | 4.7% | ||
| Q2 25 | — | 7.2% | ||
| Q1 25 | — | 4.9% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | 0.7% | 3.8% | ||
| Q2 24 | — | 2.6% | ||
| Q1 24 | 0.9% | 4.2% |
现金转化率ATATRBA
| Q4 25 | — | 2.33× | ||
| Q3 25 | 1.56× | 2.51× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | — | 1.38× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | 2.57× | 3.75× | ||
| Q2 24 | — | 3.04× | ||
| Q1 24 | 0.56× | 1.16× |
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
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
