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蓝帽子互动娱乐科技（BHAT）与Live Nation Entertainment（LYV）财务数据对比。点击上方公司名可切换其他公司
Live Nation Entertainment的季度营收约是蓝帽子互动娱乐科技的482.7倍（$6.3B vs $13.1M）。Live Nation Entertainment净利率更高（-3.2% vs -9.9%，领先6.7%）
蓝帽子互动娱乐科技主营增强现实（AR）游戏、智能互动玩具、沉浸式休闲内容等互动娱乐产品的研发与生产，核心服务中国大陆消费市场，同时逐步拓展东南亚等海外分发渠道，主打家庭及青少年娱乐赛道。
Live Nation Entertainment是美国跨国娱乐企业，2010年由Live Nation与Ticketmaster合并成立，旗下保留运营两大原有品牌。公司业务覆盖全球，主营现场娱乐活动宣发、票务销售，同时持有并运营多家娱乐场馆，还为音乐人提供艺人经纪管理服务。
BHAT vs LYV — 直观对比
营收规模更大
LYV
是对方的482.7倍
$13.1M
净利率更高
LYV
高出6.7%
-9.9%
损益表 — Q2 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $13.1M | $6.3B |
| 净利润 | $-1.3M | $-202.1M |
| 毛利率 | 8.3% | — |
| 营业利润率 | -9.4% | -2.3% |
| 净利率 | -9.9% | -3.2% |
| 营收同比 | — | 11.1% |
| 净利润同比 | — | -204.6% |
| 每股收益（稀释后） | — | $-1.06 |
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BHATLYV
| Q4 25 | — | $6.3B | ||
| Q3 25 | — | $8.5B | ||
| Q2 25 | $13.1M | $7.0B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $5.7B | ||
| Q3 24 | — | $7.7B | ||
| Q2 24 | $46.3M | $6.0B | ||
| Q1 24 | — | $3.8B |
净利润BHATLYV
| Q4 25 | — | $-202.1M | ||
| Q3 25 | — | $431.5M | ||
| Q2 25 | $-1.3M | $243.4M | ||
| Q1 25 | — | $23.2M | ||
| Q4 24 | — | $193.2M | ||
| Q3 24 | — | $451.8M | ||
| Q2 24 | $-4.4M | $298.0M | ||
| Q1 24 | — | $-46.7M |
毛利率BHATLYV
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 8.3% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | — | — |
营业利润率BHATLYV
| Q4 25 | — | -2.3% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | -9.4% | 6.9% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | -4.3% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | -8.8% | 7.7% | ||
| Q1 24 | — | -1.0% |
净利率BHATLYV
| Q4 25 | — | -3.2% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | -9.9% | 3.5% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 5.9% | ||
| Q2 24 | -9.4% | 4.9% | ||
| Q1 24 | — | -1.2% |
每股收益（稀释后）BHATLYV
| Q4 25 | — | $-1.06 | ||
| Q3 25 | — | $0.73 | ||
| Q2 25 | — | $0.41 | ||
| Q1 25 | — | $-0.32 | ||
| Q4 24 | — | $0.58 | ||
| Q3 24 | — | $1.66 | ||
| Q2 24 | — | $1.03 | ||
| Q1 24 | — | $-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 | $14.3K | $7.1B |
| 总债务越低越好 | — | $7.6B |
| 股东权益账面价值 | $32.1M | $271.0M |
| 总资产 | $75.2M | $22.9B |
| 负债/权益比越低杠杆越低 | — | 28.09× |
8季度趋势，按日历期对齐
现金及短期投资BHATLYV
| Q4 25 | — | $7.1B | ||
| Q3 25 | — | $6.8B | ||
| Q2 25 | $14.3K | $7.1B | ||
| Q1 25 | — | $7.2B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $5.5B | ||
| Q2 24 | $407.6K | $6.4B | ||
| Q1 24 | — | $6.5B |
总债务BHATLYV
| Q4 25 | — | $7.6B | ||
| Q3 25 | — | $6.1B | ||
| Q2 25 | — | $5.0B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $5.7B | ||
| Q2 24 | — | $5.1B | ||
| Q1 24 | — | $5.1B |
股东权益BHATLYV
| Q4 25 | — | $271.0M | ||
| Q3 25 | — | $521.3M | ||
| Q2 25 | $32.1M | $360.1M | ||
| Q1 25 | — | $106.0M | ||
| Q4 24 | — | $173.3M | ||
| Q3 24 | — | $288.0M | ||
| Q2 24 | $40.6M | $-43.3M | ||
| Q1 24 | — | $-114.8M |
总资产BHATLYV
| Q4 25 | — | $22.9B | ||
| Q3 25 | — | $22.9B | ||
| Q2 25 | $75.2M | $23.2B | ||
| Q1 25 | — | $21.8B | ||
| Q4 24 | — | $19.6B | ||
| Q3 24 | — | $19.7B | ||
| Q2 24 | $49.3M | $20.5B | ||
| Q1 24 | — | $20.0B |
负债/权益比BHATLYV
| Q4 25 | — | 28.09× | ||
| Q3 25 | — | 11.71× | ||
| Q2 25 | — | 13.86× | ||
| Q1 25 | — | 55.93× | ||
| Q4 24 | — | 35.65× | ||
| Q3 24 | — | 19.70× | ||
| 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 | $2.6M | $-53.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-405.6M |
| 自由现金流率自由现金流/营收 | — | -6.4% |
| 资本支出强度资本支出/营收 | — | 5.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $333.6M |
8季度趋势，按日历期对齐
经营现金流BHATLYV
| Q4 25 | — | $-53.7M | ||
| Q3 25 | — | $-95.7M | ||
| Q2 25 | $2.6M | $223.5M | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $-720.9M | ||
| Q2 24 | — | $412.1M | ||
| Q1 24 | — | $988.9M |
自由现金流BHATLYV
| Q4 25 | — | $-405.6M | ||
| Q3 25 | — | $-371.3M | ||
| Q2 25 | — | $-39.9M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $890.2M | ||
| Q3 24 | — | $-879.0M | ||
| Q2 24 | — | $212.4M | ||
| Q1 24 | — | $854.8M |
自由现金流率BHATLYV
| Q4 25 | — | -6.4% | ||
| Q3 25 | — | -4.4% | ||
| Q2 25 | — | -0.6% | ||
| Q1 25 | — | 34.0% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | — | -11.5% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 22.5% |
资本支出强度BHATLYV
| Q4 25 | — | 5.6% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | 5.0% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 3.3% | ||
| Q1 24 | — | 3.5% |
现金转化率BHATLYV
| Q4 25 | — | — | ||
| Q3 25 | — | -0.22× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | — | 56.94× | ||
| Q4 24 | — | 5.41× | ||
| Q3 24 | — | -1.60× | ||
| Q2 24 | — | 1.38× | ||
| 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
BHAT
暂无分部数据
LYV
| Concerts | $5.1B | 82% |
| Ticketing | $846.2M | 13% |
| Sponsorship And Advertising | $329.9M | 5% |
