vs
百思买（BBY）与名创优品（MNSO）财务数据对比。点击上方公司名可切换其他公司
名创优品的季度营收约是百思买的1.5倍（$14.8B vs $9.7B）
百思买是总部位于美国明尼苏达州里奇菲尔德的跨国消费电子零售商，1966年由理查德·舒尔茨与詹姆斯·惠勒创立，最初是名为「音乐之声」的音频产品专卖店，1983年正式启用现名，业务重心转向消费电子零售领域。
名创优品（MINISO）是2013年由叶国富创立的中国零售连锁品牌，总部位于广州海珠区，主打融合IP设计的家居用品、美妆、文具、玩具、厨具等日用消费品，2025年销售额达24.5亿美元，2019年3月曾与漫威娱乐合作推出联名产品。
BBY vs MNSO — 直观对比
营收规模更大
MNSO
是对方的1.5倍
$9.7B
损益表 — Q4 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $9.7B | $14.8B |
| 净利润 | $140.0M | — |
| 毛利率 | 23.2% | 45.1% |
| 营业利润率 | 2.0% | 19.5% |
| 净利率 | 1.4% | — |
| 营收同比 | 2.4% | — |
| 净利润同比 | -48.7% | — |
| 每股收益（稀释后） | $0.66 | — |
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BBYMNSO
| Q4 25 | $9.7B | $14.8B | ||
| Q3 25 | $9.4B | $635.3M | ||
| Q2 25 | $8.8B | $513.1M | ||
| Q1 25 | $13.9B | — | ||
| Q4 24 | $9.4B | — | ||
| Q3 24 | $9.3B | $540.2M | ||
| Q2 24 | $8.8B | — | ||
| Q1 24 | $14.6B | $409.1M |
净利润BBYMNSO
| Q4 25 | $140.0M | — | ||
| Q3 25 | $186.0M | — | ||
| Q2 25 | $202.0M | — | ||
| Q1 25 | $117.0M | — | ||
| Q4 24 | $273.0M | — | ||
| Q3 24 | $291.0M | — | ||
| Q2 24 | $246.0M | — | ||
| Q1 24 | $460.0M | — |
毛利率BBYMNSO
| Q4 25 | 23.2% | 45.1% | ||
| Q3 25 | 23.2% | 44.9% | ||
| Q2 25 | 23.4% | 43.4% | ||
| Q1 25 | 20.9% | — | ||
| Q4 24 | 23.5% | — | ||
| Q3 24 | 23.5% | 41.8% | ||
| Q2 24 | 23.3% | — | ||
| Q1 24 | 20.5% | 39.3% |
营业利润率BBYMNSO
| Q4 25 | 2.0% | 19.5% | ||
| Q3 25 | 2.7% | 18.9% | ||
| Q2 25 | 2.5% | 20.0% | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 4.1% | 20.8% | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 3.8% | 19.5% |
净利率BBYMNSO
| Q4 25 | 1.4% | — | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | 3.1% | — |
每股收益（稀释后）BBYMNSO
| Q4 25 | $0.66 | — | ||
| Q3 25 | $0.87 | — | ||
| Q2 25 | $0.95 | — | ||
| Q1 25 | $0.55 | — | ||
| Q4 24 | $1.26 | — | ||
| Q3 24 | $1.34 | — | ||
| Q2 24 | $1.13 | — | ||
| Q1 24 | $2.11 | — |
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 | $923.0M | — |
| 总债务越低越好 | $1.2B | — |
| 股东权益账面价值 | $2.7B | — |
| 总资产 | $16.8B | — |
| 负债/权益比越低杠杆越低 | 0.44× | — |
8季度趋势，按日历期对齐
现金及短期投资BBYMNSO
| Q4 25 | $923.0M | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $643.0M | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.4B | — |
总债务BBYMNSO
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.2B | — |
股东权益BBYMNSO
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.1B | — | ||
| Q1 24 | $3.1B | — |
总资产BBYMNSO
| Q4 25 | $16.8B | — | ||
| Q3 25 | $15.3B | — | ||
| Q2 25 | $14.1B | — | ||
| Q1 25 | $14.8B | — | ||
| Q4 24 | $17.0B | — | ||
| Q3 24 | $15.6B | — | ||
| Q2 24 | $14.8B | — | ||
| Q1 24 | $15.0B | — |
负债/权益比BBYMNSO
| Q4 25 | 0.44× | — | ||
| Q3 25 | 0.43× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.41× | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.38× | — | ||
| Q2 24 | 0.37× | — | ||
| Q1 24 | 0.38× | — |
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 | $-99.0M | — |
| 自由现金流经营现金流 - 资本支出 | $-287.0M | — |
| 自由现金流率自由现金流/营收 | -3.0% | — |
| 资本支出强度资本支出/营收 | 1.9% | — |
| 现金转化率经营现金流/净利润 | -0.71× | — |
| 过去12个月自由现金流最近4个季度 | $1.5B | — |
8季度趋势，按日历期对齐
经营现金流BBYMNSO
| Q4 25 | $-99.0M | — | ||
| Q3 25 | $749.0M | — | ||
| Q2 25 | $34.0M | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $-256.0M | — | ||
| Q3 24 | $661.0M | — | ||
| Q2 24 | $156.0M | — | ||
| Q1 24 | $1.2B | — |
自由现金流BBYMNSO
| Q4 25 | $-287.0M | — | ||
| Q3 25 | $574.0M | — | ||
| Q2 25 | $-132.0M | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $-449.0M | — | ||
| Q3 24 | $478.0M | — | ||
| Q2 24 | $4.0M | — | ||
| Q1 24 | $997.0M | — |
自由现金流率BBYMNSO
| Q4 25 | -3.0% | — | ||
| Q3 25 | 6.1% | — | ||
| Q2 25 | -1.5% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | -4.8% | — | ||
| Q3 24 | 5.1% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 6.8% | — |
资本支出强度BBYMNSO
| Q4 25 | 1.9% | — | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 1.7% | — | ||
| Q1 24 | 1.2% | — |
现金转化率BBYMNSO
| Q4 25 | -0.71× | — | ||
| Q3 25 | 4.03× | — | ||
| Q2 25 | 0.17× | — | ||
| Q1 25 | 13.14× | — | ||
| Q4 24 | -0.94× | — | ||
| Q3 24 | 2.27× | — | ||
| Q2 24 | 0.63× | — | ||
| Q1 24 | 2.57× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
