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AVISTA CORP（AVA）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
AVISTA CORP的季度营收约是世纪互联的1.5倍（$533.0M vs $362.7M），AVISTA CORP净利率更高（13.3% vs -10.7%，领先24.0%），AVISTA CORP自由现金流更多（$-116.0M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs -6.5%）
Avista Corporation是美国能源企业，业务涵盖发电、输电及天然气配送，服务覆盖住宅、商业与工业客户。公司拥有约1550名员工，为美国西部三个州的35.9万电力用户和32万天然气用户提供能源相关服务，业务区域覆盖华盛顿州东部、爱达荷州北部、俄勒冈州南部及东部部分区域，总面积达7.8万平方公里。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
AVA vs VNET — 直观对比
营收规模更大
AVA
是对方的1.5倍
$362.7M
净利率更高
AVA
高出24.0%
-10.7%
自由现金流更多
AVA
多$77.1M
$-193.1M
两年增速更快
VNET
近两年复合增速
-6.5%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $533.0M | $362.7M |
| 净利润 | $71.0M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 21.0% | 0.5% |
| 净利率 | 13.3% | -10.7% |
| 营收同比 | 0.0% | — |
| 净利润同比 | 5.7% | — |
| 每股收益（稀释后） | $0.87 | — |
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AVAVNET
| Q4 25 | $533.0M | — | ||
| Q3 25 | $403.0M | $362.7M | ||
| Q2 25 | $411.0M | — | ||
| Q1 25 | $617.0M | $309.5M | ||
| Q4 24 | $532.8M | — | ||
| Q3 24 | $393.7M | $302.2M | ||
| Q2 24 | $402.1M | $274.4M | ||
| Q1 24 | $609.4M | $262.9M |
净利润AVAVNET
| Q4 25 | $71.0M | — | ||
| Q3 25 | $29.0M | $-38.7M | ||
| Q2 25 | $14.0M | — | ||
| Q1 25 | $79.0M | $-2.4M | ||
| Q4 24 | $67.2M | — | ||
| Q3 24 | $18.5M | $-2.1M | ||
| Q2 24 | $22.9M | $-1.1M | ||
| Q1 24 | $71.5M | $-22.0M |
毛利率AVAVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% |
营业利润率AVAVNET
| Q4 25 | 21.0% | — | ||
| Q3 25 | 14.9% | 0.5% | ||
| Q2 25 | 13.9% | — | ||
| Q1 25 | 20.3% | 0.1% | ||
| Q4 24 | 19.1% | — | ||
| Q3 24 | 12.4% | 24.5% | ||
| Q2 24 | 13.5% | 0.2% | ||
| Q1 24 | 16.6% | 0.2% |
净利率AVAVNET
| Q4 25 | 13.3% | — | ||
| Q3 25 | 7.2% | -10.7% | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 12.8% | -0.8% | ||
| Q4 24 | 12.6% | — | ||
| Q3 24 | 4.7% | -0.7% | ||
| Q2 24 | 5.7% | -0.4% | ||
| Q1 24 | 11.7% | -8.4% |
每股收益（稀释后）AVAVNET
| Q4 25 | $0.87 | — | ||
| Q3 25 | $0.36 | — | ||
| Q2 25 | $0.17 | — | ||
| Q1 25 | $0.98 | — | ||
| Q4 24 | $0.86 | — | ||
| Q3 24 | $0.23 | — | ||
| Q2 24 | $0.29 | — | ||
| Q1 24 | $0.91 | — |
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 | $19.0M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.7B | $890.8M |
| 总资产 | $8.4B | $6.1B |
| 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AVAVNET
| Q4 25 | $19.0M | — | ||
| Q3 25 | $44.0M | $492.1M | ||
| Q2 25 | $9.0M | — | ||
| Q1 25 | $17.0M | $544.3M | ||
| Q4 24 | $30.0M | — | ||
| Q3 24 | $9.1M | $219.5M | ||
| Q2 24 | $14.6M | $247.2M | ||
| Q1 24 | $12.3M | $246.9M |
总债务AVAVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AVAVNET
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.6B | $890.8M | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.6B | $927.8M | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.5B | $902.9M | ||
| Q2 24 | $2.5B | $900.6M | ||
| Q1 24 | $2.5B | $895.1M |
总资产AVAVNET
| Q4 25 | $8.4B | — | ||
| Q3 25 | $8.2B | $6.1B | ||
| Q2 25 | $8.1B | — | ||
| Q1 25 | $8.0B | $5.4B | ||
| Q4 24 | $7.9B | — | ||
| Q3 24 | $7.8B | $4.3B | ||
| Q2 24 | $7.7B | $4.0B | ||
| Q1 24 | $7.6B | $3.9B |
负债/权益比AVAVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $75.0M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-116.0M | $-193.1M |
| 自由现金流率自由现金流/营收 | -21.8% | -53.2% |
| 资本支出强度资本支出/营收 | 35.8% | 84.6% |
| 现金转化率经营现金流/净利润 | 1.06× | — |
| 过去12个月自由现金流最近4个季度 | $-101.0M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流AVAVNET
| Q4 25 | $75.0M | — | ||
| Q3 25 | $170.0M | $113.8M | ||
| Q2 25 | $40.0M | — | ||
| Q1 25 | $184.0M | $27.0M | ||
| Q4 24 | $89.8M | — | ||
| Q3 24 | $127.2M | $108.3M | ||
| Q2 24 | $126.8M | $55.8M | ||
| Q1 24 | $190.1M | $37.1M |
自由现金流AVAVNET
| Q4 25 | $-116.0M | — | ||
| Q3 25 | $37.0M | $-193.1M | ||
| Q2 25 | $-103.0M | — | ||
| Q1 25 | $81.0M | $-220.0M | ||
| Q4 24 | $-37.8M | — | ||
| Q3 24 | $-27.0M | $-95.0M | ||
| Q2 24 | $-5.7M | $-81.6M | ||
| Q1 24 | $71.4M | $-102.2M |
自由现金流率AVAVNET
| Q4 25 | -21.8% | — | ||
| Q3 25 | 9.2% | -53.2% | ||
| Q2 25 | -25.1% | — | ||
| Q1 25 | 13.1% | -71.1% | ||
| Q4 24 | -7.1% | — | ||
| Q3 24 | -6.9% | -31.4% | ||
| Q2 24 | -1.4% | -29.8% | ||
| Q1 24 | 11.7% | -38.9% |
资本支出强度AVAVNET
| Q4 25 | 35.8% | — | ||
| Q3 25 | 33.0% | 84.6% | ||
| Q2 25 | 34.8% | — | ||
| Q1 25 | 16.7% | 79.8% | ||
| Q4 24 | 23.9% | — | ||
| Q3 24 | 39.2% | 67.3% | ||
| Q2 24 | 33.0% | 50.1% | ||
| Q1 24 | 19.5% | 53.0% |
现金转化率AVAVNET
| Q4 25 | 1.06× | — | ||
| Q3 25 | 5.86× | — | ||
| Q2 25 | 2.86× | — | ||
| Q1 25 | 2.33× | — | ||
| Q4 24 | 1.34× | — | ||
| Q3 24 | 6.88× | — | ||
| Q2 24 | 5.55× | — | ||
| Q1 24 | 2.66× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
