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贝壳控股（BEKE）与希捷科技（STX）财务数据对比。点击上方公司名可切换其他公司
贝壳控股的季度营收约是希捷科技的1.0倍（$3.2B vs $3.1B），希捷科技净利率更高（24.0% vs 3.2%，领先20.8%），过去两年希捷科技的营收复合增速更高（28.4% vs 9.8%）
贝壳控股是中国领先的线上线下一体化居住服务平台，旗下运营贝壳找房等品牌，业务覆盖二手房交易经纪、新房代理销售、房屋租赁、家装改造及居住相关金融咨询服务，可满足消费者全周期居住需求。
希捷科技是全球知名的美国数据存储企业，1978年注册成立时名为舒加特科技，1979年正式开展业务，2010年起注册地变更为爱尔兰都柏林，运营总部设在美国加利福尼亚州弗里蒙特，面向全球市场提供专业的数据存储产品与解决方案。
BEKE vs STX — 直观对比
营收规模更大
BEKE
是对方的1.0倍
$3.1B
净利率更高
STX
高出20.8%
3.2%
两年增速更快
STX
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $3.1B |
| 净利润 | $104.9M | $748.0M |
| 毛利率 | 21.4% | 46.5% |
| 营业利润率 | 2.6% | 32.1% |
| 净利率 | 3.2% | 24.0% |
| 营收同比 | — | 44.1% |
| 净利润同比 | — | -23.8% |
| 每股收益（稀释后） | — | $3.27 |
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BEKESTX
| Q3 26 | — | $3.1B | ||
| Q1 26 | — | $2.8B | ||
| Q4 25 | $3.2B | $2.6B | ||
| Q3 25 | $3.6B | — | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | $3.2B | $2.2B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $3.2B | $2.2B |
净利润BEKESTX
| Q3 26 | — | $748.0M | ||
| Q1 26 | — | $593.0M | ||
| Q4 25 | $104.9M | $549.0M | ||
| Q3 25 | $182.4M | — | ||
| Q2 25 | — | $488.0M | ||
| Q1 25 | $117.9M | $340.0M | ||
| Q4 24 | — | $336.0M | ||
| Q3 24 | $166.5M | $305.0M |
毛利率BEKESTX
| Q3 26 | — | 46.5% | ||
| Q1 26 | — | 41.6% | ||
| Q4 25 | 21.4% | 39.4% | ||
| Q3 25 | 21.9% | — | ||
| Q2 25 | — | 37.4% | ||
| Q1 25 | 20.7% | 35.2% | ||
| Q4 24 | — | 34.9% | ||
| Q3 24 | 22.7% | 32.9% |
营业利润率BEKESTX
| Q3 26 | — | 32.1% | ||
| Q1 26 | — | 29.8% | ||
| Q4 25 | 2.6% | 26.4% | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | 2.5% | 20.0% | ||
| Q4 24 | — | 21.0% | ||
| Q3 24 | 3.2% | 18.6% |
净利率BEKESTX
| Q3 26 | — | 24.0% | ||
| Q1 26 | — | 21.0% | ||
| Q4 25 | 3.2% | 20.9% | ||
| Q3 25 | 5.0% | — | ||
| Q2 25 | — | 20.0% | ||
| Q1 25 | 3.7% | 15.7% | ||
| Q4 24 | — | 14.5% | ||
| Q3 24 | 5.2% | 14.1% |
每股收益（稀释后）BEKESTX
| Q3 26 | — | $3.27 | ||
| Q1 26 | — | $2.60 | ||
| Q4 25 | — | $2.43 | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $2.24 | ||
| Q1 25 | — | $1.57 | ||
| Q4 24 | — | $1.55 | ||
| Q3 24 | — | $1.41 |
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 | $1.3B | $1.1B |
| 总债务越低越好 | — | $3.9B |
| 股东权益账面价值 | — | — |
| 总资产 | $16.8B | $8.9B |
| 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BEKESTX
| Q3 26 | — | $1.1B | ||
| Q1 26 | — | $1.0B | ||
| Q4 25 | $1.3B | $1.1B | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | — | $891.0M | ||
| Q1 25 | $1.8B | $814.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $1.4B | $1.2B |
总债务BEKESTX
| Q3 26 | — | $3.9B | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
股东权益BEKESTX
| Q3 26 | — | — | ||
| Q1 26 | — | $459.0M | ||
| Q4 25 | — | $-63.0M | ||
| Q3 25 | $9.6B | — | ||
| Q2 25 | — | $-453.0M | ||
| Q1 25 | $9.5B | $-829.0M | ||
| Q4 24 | — | $-1.1B | ||
| Q3 24 | $10.1B | $-1.3B |
总资产BEKESTX
| Q3 26 | — | $8.9B | ||
| Q1 26 | — | $8.7B | ||
| Q4 25 | $16.8B | $8.4B | ||
| Q3 25 | $17.3B | — | ||
| Q2 25 | — | $8.0B | ||
| Q1 25 | $18.0B | $7.6B | ||
| Q4 24 | — | $8.0B | ||
| Q3 24 | $17.5B | $8.0B |
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 | — | $2.4B |
| 自由现金流经营现金流 - 资本支出 | — | $953.0M |
| 自由现金流率自由现金流/营收 | — | 30.6% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 3.17× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BEKESTX
| Q3 26 | — | $2.4B | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $532.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $508.0M | ||
| Q1 25 | $-546.4M | $259.0M | ||
| Q4 24 | — | $221.0M | ||
| Q3 24 | $64.0M | $95.0M |
自由现金流BEKESTX
| Q3 26 | — | $953.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $427.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $425.0M | ||
| Q1 25 | — | $216.0M | ||
| Q4 24 | — | $150.0M | ||
| Q3 24 | — | $27.0M |
自由现金流率BEKESTX
| Q3 26 | — | 30.6% | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 16.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 17.4% | ||
| Q1 25 | — | 10.0% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 1.2% |
资本支出强度BEKESTX
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 4.0% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 3.1% |
现金转化率BEKESTX
| Q3 26 | — | 3.17× | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.97× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.04× | ||
| Q1 25 | -4.64× | 0.76× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | 0.38× | 0.31× |
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
BEKE
| New home transaction services | $932.6M | 29% |
| Existing home transaction services | $841.5M | 26% |
| Home rental services | $804.4M | 25% |
| Home renovation and furnishing | $604.0M | 19% |
| Emerging and other services | $55.6M | 2% |
STX
暂无分部数据
