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BGSF, INC.（BGSF）与花花公子（PLBY）财务数据对比。点击上方公司名可切换其他公司
花花公子的季度营收约是BGSF, INC.的1.6倍（$34.9M vs $22.0M），花花公子净利率更高（10.3% vs -5.3%，领先15.5%），花花公子同比增速更快（4.2% vs -9.4%），BGSF, INC.自由现金流更多（$1.7M vs $1.1M），过去两年花花公子的营收复合增速更高（11.0% vs -5.3%）
BGSF Inc.是一家总部位于美国的领先人力资源解决方案提供商，提供定制化人员派遣、人才招聘和全流程劳动力管理服务，覆盖信息技术、医疗健康、专业行政、轻工业、创意产业等核心领域，服务北美各规模的企业客户。
花花公子集团（Playboy, Inc.）起源于1953年由休·海夫纳联合合伙人在美国芝加哥创立，初始部分资金来自海夫纳母亲提供的1000美元贷款，是美国知名生活方式与娱乐内容品牌，旗下核心《花花公子》杂志同时发行电子版与纸质版。
BGSF vs PLBY — 直观对比
营收规模更大
PLBY
是对方的1.6倍
$22.0M
营收增速更快
PLBY
高出13.6%
-9.4%
净利率更高
PLBY
高出15.5%
-5.3%
自由现金流更多
BGSF
多$552.0K
$1.1M
两年增速更快
PLBY
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $22.0M | $34.9M |
| 净利润 | $-1.2M | $3.6M |
| 毛利率 | 35.0% | 73.3% |
| 营业利润率 | -17.6% | 7.9% |
| 净利率 | -5.3% | 10.3% |
| 营收同比 | -9.4% | 4.2% |
| 净利润同比 | -18.2% | 128.6% |
| 每股收益（稀释后） | $-0.12 | $0.05 |
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BGSFPLBY
| Q4 25 | $22.0M | $34.9M | ||
| Q3 25 | $26.9M | $29.0M | ||
| Q2 25 | $23.5M | $28.1M | ||
| Q1 25 | $20.9M | $28.9M | ||
| Q4 24 | $24.3M | $33.5M | ||
| Q3 24 | $29.8M | $29.4M | ||
| Q2 24 | $25.7M | $24.9M | ||
| Q1 24 | $24.5M | $28.3M |
净利润BGSFPLBY
| Q4 25 | $-1.2M | $3.6M | ||
| Q3 25 | $-5.8M | $460.0K | ||
| Q2 25 | $-3.7M | $-7.7M | ||
| Q1 25 | $-722.0K | $-9.0M | ||
| Q4 24 | $-981.0K | $-12.5M | ||
| Q3 24 | $-804.0K | $-33.8M | ||
| Q2 24 | $-761.0K | $-16.7M | ||
| Q1 24 | $-792.0K | $-16.4M |
毛利率BGSFPLBY
| Q4 25 | 35.0% | 73.3% | ||
| Q3 25 | 35.9% | 76.0% | ||
| Q2 25 | 35.8% | 65.4% | ||
| Q1 25 | 36.2% | 68.6% | ||
| Q4 24 | 35.9% | 70.8% | ||
| Q3 24 | 35.9% | 61.0% | ||
| Q2 24 | 37.3% | 67.8% | ||
| Q1 24 | 38.1% | 55.8% |
营业利润率BGSFPLBY
| Q4 25 | -17.6% | 7.9% | ||
| Q3 25 | -3.5% | 4.7% | ||
| Q2 25 | -18.8% | -20.9% | ||
| Q1 25 | 1.6% | -21.7% | ||
| Q4 24 | -15.7% | -13.3% | ||
| Q3 24 | -3.4% | -96.0% | ||
| Q2 24 | -5.7% | -37.0% | ||
| Q1 24 | 1.7% | -31.5% |
净利率BGSFPLBY
| Q4 25 | -5.3% | 10.3% | ||
| Q3 25 | -21.6% | 1.6% | ||
| Q2 25 | -15.9% | -27.3% | ||
| Q1 25 | -3.5% | -31.3% | ||
| Q4 24 | -4.0% | -37.4% | ||
| Q3 24 | -2.7% | -114.7% | ||
| Q2 24 | -3.0% | -66.9% | ||
| Q1 24 | -3.2% | -58.1% |
每股收益（稀释后）BGSFPLBY
| Q4 25 | $-0.12 | $0.05 | ||
| Q3 25 | $-0.52 | $0.00 | ||
| Q2 25 | $-0.34 | $-0.08 | ||
| Q1 25 | $-0.06 | $-0.10 | ||
| Q4 24 | — | $-0.13 | ||
| Q3 24 | $-0.07 | $-0.45 | ||
| Q2 24 | $-0.07 | $-0.23 | ||
| Q1 24 | — | $-0.23 |
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 | — | $37.8M |
| 总债务越低越好 | — | $174.2M |
| 股东权益账面价值 | $48.1M | $18.4M |
| 总资产 | $57.8M | $292.4M |
| 负债/权益比越低杠杆越低 | — | 9.48× |
8季度趋势，按日历期对齐
现金及短期投资BGSFPLBY
| Q4 25 | — | $37.8M | ||
| Q3 25 | $41.2M | $27.5M | ||
| Q2 25 | $2.8M | $19.6M | ||
| Q1 25 | $2.0M | $23.7M | ||
| Q4 24 | $32.0K | $30.9M | ||
| Q3 24 | $262 | $9.5M | ||
| Q2 24 | $226 | $16.9M | ||
| Q1 24 | $50 | $19.0M |
总债务BGSFPLBY
| Q4 25 | — | $174.2M | ||
| Q3 25 | — | $176.8M | ||
| Q2 25 | — | $177.5M | ||
| Q1 25 | — | $176.3M | ||
| Q4 24 | — | $176.6M | ||
| Q3 24 | — | $200.0M | ||
| Q2 24 | — | $196.3M | ||
| Q1 24 | — | $193.4M |
股东权益BGSFPLBY
| Q4 25 | $48.1M | $18.4M | ||
| Q3 25 | $50.7M | $3.8M | ||
| Q2 25 | $78.3M | $-17.5M | ||
| Q1 25 | $81.8M | $-11.4M | ||
| Q4 24 | $82.3M | $-7.7M | ||
| Q3 24 | $82.9M | $-15.7M | ||
| Q2 24 | $83.2M | $15.7M | ||
| Q1 24 | $83.6M | $29.5M |
总资产BGSFPLBY
| Q4 25 | $57.8M | $292.4M | ||
| Q3 25 | $83.6M | $278.3M | ||
| Q2 25 | $149.7M | $264.1M | ||
| Q1 25 | $152.3M | $270.6M | ||
| Q4 24 | $150.1M | $284.7M | ||
| Q3 24 | $157.3K | $271.5M | ||
| Q2 24 | $159.8K | $301.8M | ||
| Q1 24 | $170.6K | $309.1M |
负债/权益比BGSFPLBY
| Q4 25 | — | 9.48× | ||
| Q3 25 | — | 46.86× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 12.51× | ||
| Q1 24 | — | 6.54× |
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 | $1.7M | $1.4M |
| 自由现金流经营现金流 - 资本支出 | $1.7M | $1.1M |
| 自由现金流率自由现金流/营收 | 7.6% | 3.2% |
| 资本支出强度资本支出/营收 | 0.1% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 0.39× |
| 过去12个月自由现金流最近4个季度 | $-16.0K | $-1.0M |
8季度趋势，按日历期对齐
经营现金流BGSFPLBY
| Q4 25 | $1.7M | $1.4M | ||
| Q3 25 | $-4.8M | $10.1M | ||
| Q2 25 | $2.2M | $-3.9M | ||
| Q1 25 | $1.1M | $-7.6M | ||
| Q4 24 | $3.2M | $161.0K | ||
| Q3 24 | $6.5M | $-6.5M | ||
| Q2 24 | $7.3M | $-3.0M | ||
| Q1 24 | $7.4M | $-9.8M |
自由现金流BGSFPLBY
| Q4 25 | $1.7M | $1.1M | ||
| Q3 25 | $-4.9M | $9.8M | ||
| Q2 25 | $2.1M | $-4.3M | ||
| Q1 25 | $1.0M | $-7.7M | ||
| Q4 24 | $2.5M | $-401.0K | ||
| Q3 24 | $6.5M | $-7.0M | ||
| Q2 24 | $7.3M | $-3.7M | ||
| Q1 24 | $6.9M | $-10.3M |
自由现金流率BGSFPLBY
| Q4 25 | 7.6% | 3.2% | ||
| Q3 25 | -18.1% | 33.8% | ||
| Q2 25 | 9.1% | -15.2% | ||
| Q1 25 | 5.0% | -26.5% | ||
| Q4 24 | 10.2% | -1.2% | ||
| Q3 24 | 21.7% | -23.7% | ||
| Q2 24 | 28.5% | -14.8% | ||
| Q1 24 | 28.1% | -36.5% |
资本支出强度BGSFPLBY
| Q4 25 | 0.1% | 0.8% | ||
| Q3 25 | 0.4% | 1.1% | ||
| Q2 25 | 0.0% | 1.4% | ||
| Q1 25 | 0.1% | 0.1% | ||
| Q4 24 | 3.0% | 1.7% | ||
| Q3 24 | 0.0% | 1.5% | ||
| Q2 24 | 0.0% | 2.6% | ||
| Q1 24 | 2.0% | 2.1% |
现金转化率BGSFPLBY
| Q4 25 | — | 0.39× | ||
| Q3 25 | — | 22.02× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
BGSF
| Contract Field Talent | $21.4M | 97% |
| Other | $595.0K | 3% |
PLBY
| Transferred At Point In Time | $22.2M | 64% |
| Trademark Licensing | $6.5M | 19% |
| Related Party | $5.0M | 14% |
| Other | $1.1M | 3% |
