vs
Brookfield Infrastructure Corp（BIPC）与微博公司（WB）财务数据对比。点击上方公司名可切换其他公司
微博公司的季度营收约是Brookfield Infrastructure Corp的1.5倍（$1.3B vs $866.0M），微博公司净利率更高（35.7% vs -35.7%，领先71.4%）
布鲁克菲尔德基础设施合伙公司是一家公开上市的有限合伙企业，总部位于加拿大多伦多，核心业务为在全球范围内开展基础设施资产的收购、运营与管理，在全球基础设施投资领域拥有深厚的行业积累与较强的市场影响力。
微博公司是中国知名的社交网络企业，旗下运营的新浪微博是国内极具影响力的微博客平台，公司总部位于中国北京，为数以亿计的用户提供社交互动、资讯传播、内容创作等多元互联网服务。
BIPC vs WB — 直观对比
营收规模更大
WB
是对方的1.5倍
$866.0M
净利率更高
WB
高出71.4%
-35.7%
损益表 — Q2 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.0M | $1.3B |
| 净利润 | $-309.0M | $458.3M |
| 毛利率 | 65.0% | — |
| 营业利润率 | 62.7% | 29.1% |
| 净利率 | -35.7% | 35.7% |
| 营收同比 | -4.6% | — |
| 净利润同比 | -148.1% | — |
| 每股收益（稀释后） | — | — |
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BIPCWB
| Q3 25 | — | $1.3B | ||
| Q2 25 | $866.0M | $841.7M | ||
| Q1 25 | — | $396.9M | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $908.0M | $833.4M | ||
| Q1 24 | — | $395.5M | ||
| Q3 23 | — | $1.3B | ||
| Q2 23 | $538.0M | $854.0M |
净利润BIPCWB
| Q3 25 | — | $458.3M | ||
| Q2 25 | $-309.0M | $234.8M | ||
| Q1 25 | — | $108.1M | ||
| Q3 24 | — | $297.4M | ||
| Q2 24 | $643.0M | $164.6M | ||
| Q1 24 | — | $51.1M | ||
| Q3 23 | — | $268.8M | ||
| Q2 23 | $-154.0M | $188.6M |
毛利率BIPCWB
| Q3 25 | — | — | ||
| Q2 25 | 65.0% | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 63.8% | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | 72.3% | — |
营业利润率BIPCWB
| Q3 25 | — | 29.1% | ||
| Q2 25 | 62.7% | 30.4% | ||
| Q1 25 | — | 27.8% | ||
| Q3 24 | — | 29.0% | ||
| Q2 24 | 61.9% | 28.2% | ||
| Q1 24 | — | 25.2% | ||
| Q3 23 | — | 27.3% | ||
| Q2 23 | 69.1% | 25.8% |
净利率BIPCWB
| Q3 25 | — | 35.7% | ||
| Q2 25 | -35.7% | 27.9% | ||
| Q1 25 | — | 27.2% | ||
| Q3 24 | — | 22.9% | ||
| Q2 24 | 70.8% | 19.8% | ||
| Q1 24 | — | 12.9% | ||
| Q3 23 | — | 20.7% | ||
| Q2 23 | -28.6% | 22.1% |
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 | $1.2B | $1.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.2B | $3.9B |
| 总资产 | $23.9B | $6.9B |
| 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BIPCWB
| Q3 25 | — | $1.1B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | $466.0M | $1.9B | ||
| Q1 24 | — | $2.1B | ||
| Q3 23 | — | $2.8B | ||
| Q2 23 | $356.0M | $2.4B |
股东权益BIPCWB
| Q3 25 | — | $3.9B | ||
| Q2 25 | $2.2B | $3.6B | ||
| Q1 25 | — | $3.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | $3.5B | $3.4B | ||
| Q1 24 | — | $3.3B | ||
| Q3 23 | — | $3.2B | ||
| Q2 23 | $-764.0M | $3.1B |
总资产BIPCWB
| Q3 25 | — | $6.9B | ||
| Q2 25 | $23.9B | $6.5B | ||
| Q1 25 | — | $6.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | $23.7B | $7.1B | ||
| Q1 24 | — | $7.3B | ||
| Q3 23 | — | $6.7B | ||
| Q2 23 | $11.0B | $6.9B |
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 | $478.0M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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 | — | — |
| 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BIPCWB
| Q3 25 | — | — | ||
| Q2 25 | $478.0M | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $511.0M | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | $265.0M | — |
现金转化率BIPCWB
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.79× | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
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
BIPC
暂无分部数据
WB
| Income from operations | $373.2M | 29% |
| Shares used in computing diluted net income per share attributable to Weibos shareholders | $268.1M | 21% |
| Shares used in computing basic net income per share attributable to Weibos shareholders | $238.6M | 19% |
| Value-added services | $186.1M | 14% |
| Less: Income tax expenses | $113.2M | 9% |
| Investment related income, net | $45.0M | 4% |
| Product development | $16.7M | 1% |
| General and administrative | $10.6M | 1% |
| Sales and marketing | $7.1M | 1% |
| Accretion to redeemable non-controlling interests | $3.0M | 0% |
