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BJs RESTAURANTS INC（BJRI）与百胜中国（YUMC）财务数据对比。点击上方公司名可切换其他公司
百胜中国的季度营收约是BJs RESTAURANTS INC的8.6倍（$2.8B vs $330.2M）。百胜中国净利率更高（5.0% vs 0.1%，领先4.8%）。百胜中国同比增速更快（8.8% vs 1.4%）。BJs RESTAURANTS INC自由现金流更多（$3.6M vs $-116.0M）。过去两年BJs RESTAURANTS INC的营收复合增速更高（1.0% vs -2.3%）
BJ's Restaurants Inc.是美国休闲连锁餐饮企业，旗下门店遍布美国多个地区，主打招牌深盘披萨、精酿啤酒、手工鸡尾酒及各类美式家常餐食，服务家庭聚餐、朋友聚会等多元客群，主打轻松舒适的用餐氛围。
百胜中国是总部位于上海的世界500强快餐企业，2016年从百胜餐饮集团分拆独立上市，获百胜餐饮集团商标授权，按全系统销售额的3%支付授权费。目前在国内1100多座城市运营超8400家餐厅，全球门店总数超10600家，年营收达95亿美元，是全球规模最大的餐饮企业之一。
BJRI vs YUMC — 直观对比
营收规模更大
YUMC
是对方的8.6倍
$330.2M
营收增速更快
YUMC
高出7.4%
1.4%
净利率更高
YUMC
高出4.8%
0.1%
自由现金流更多
BJRI
多$119.6M
$-116.0M
两年增速更快
BJRI
近两年复合增速
-2.3%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $330.2M | $2.8B |
| 净利润 | $465.0K | $140.0M |
| 毛利率 | 74.3% | — |
| 营业利润率 | -0.3% | 6.6% |
| 净利率 | 0.1% | 5.0% |
| 营收同比 | 1.4% | 8.8% |
| 净利润同比 | 115.9% | 21.7% |
| 每股收益（稀释后） | $0.02 | $0.40 |
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BJRIYUMC
| Q4 25 | — | $2.8B | ||
| Q3 25 | $365.6M | $3.2B | ||
| Q2 25 | $348.0M | $2.8B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | $325.7M | $2.6B | ||
| Q3 24 | $349.9M | $3.1B | ||
| Q2 24 | $337.3M | $2.7B | ||
| Q1 24 | $323.6M | $3.0B |
净利润BJRIYUMC
| Q4 25 | — | $140.0M | ||
| Q3 25 | $22.2M | $282.0M | ||
| Q2 25 | $13.5M | $215.0M | ||
| Q1 25 | — | $292.0M | ||
| Q4 24 | $-2.9M | $115.0M | ||
| Q3 24 | $17.2M | $297.0M | ||
| Q2 24 | $7.7M | $212.0M | ||
| Q1 24 | $8.1M | $287.0M |
毛利率BJRIYUMC
| Q4 25 | — | — | ||
| Q3 25 | 75.2% | — | ||
| Q2 25 | 75.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 73.4% | — | ||
| Q3 24 | 74.3% | — | ||
| Q2 24 | 74.8% | — | ||
| Q1 24 | 74.5% | — |
营业利润率BJRIYUMC
| Q4 25 | — | 6.6% | ||
| Q3 25 | 5.8% | 12.5% | ||
| Q2 25 | 4.3% | 10.9% | ||
| Q1 25 | — | 13.4% | ||
| Q4 24 | -0.8% | 5.8% | ||
| Q3 24 | 3.8% | 12.1% | ||
| Q2 24 | 2.4% | 9.9% | ||
| Q1 24 | 1.0% | 12.6% |
净利率BJRIYUMC
| Q4 25 | — | 5.0% | ||
| Q3 25 | 6.1% | 8.8% | ||
| Q2 25 | 3.9% | 7.7% | ||
| Q1 25 | — | 9.8% | ||
| Q4 24 | -0.9% | 4.4% | ||
| Q3 24 | 4.9% | 9.7% | ||
| Q2 24 | 2.3% | 7.9% | ||
| Q1 24 | 2.5% | 9.7% |
每股收益（稀释后）BJRIYUMC
| Q4 25 | — | $0.40 | ||
| Q3 25 | $0.97 | $0.76 | ||
| Q2 25 | $0.58 | $0.58 | ||
| Q1 25 | — | $0.77 | ||
| Q4 24 | $-0.13 | $0.30 | ||
| Q3 24 | $0.72 | $0.77 | ||
| Q2 24 | $0.32 | $0.55 | ||
| Q1 24 | $0.33 | $0.71 |
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 | $25.4M | $1.4B |
| 总债务越低越好 | $89.5M | — |
| 股东权益账面价值 | $356.2M | $5.4B |
| 总资产 | $1.0B | $10.8B |
| 负债/权益比越低杠杆越低 | 0.25× | — |
8季度趋势，按日历期对齐
现金及短期投资BJRIYUMC
| Q4 25 | — | $1.4B | ||
| Q3 25 | $26.0M | $2.1B | ||
| Q2 25 | $19.0M | $2.2B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | $18.4M | $1.8B | ||
| Q3 24 | $16.2M | $2.5B | ||
| Q2 24 | $18.8M | $2.5B | ||
| Q1 24 | $29.1M | $2.4B |
总债务BJRIYUMC
| Q4 25 | — | — | ||
| Q3 25 | $60.5M | — | ||
| Q2 25 | $85.5M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $66.5M | — | ||
| Q3 24 | $63.5M | — | ||
| Q2 24 | $58.0M | — | ||
| Q1 24 | $68.0M | — |
股东权益BJRIYUMC
| Q4 25 | — | $5.4B | ||
| Q3 25 | $386.6M | $5.7B | ||
| Q2 25 | $371.5M | $5.8B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | $376.2M | $5.7B | ||
| Q3 24 | $386.5M | $6.0B | ||
| Q2 24 | $375.4M | $5.8B | ||
| Q1 24 | $365.8M | $5.9B |
总资产BJRIYUMC
| Q4 25 | — | $10.8B | ||
| Q3 25 | $1.0B | $11.0B | ||
| Q2 25 | $1.0B | $11.0B | ||
| Q1 25 | — | $11.0B | ||
| Q4 24 | $1.0B | $11.1B | ||
| Q3 24 | $1.0B | $11.8B | ||
| Q2 24 | $1.0B | $11.6B | ||
| Q1 24 | $1.1B | $11.3B |
负债/权益比BJRIYUMC
| Q4 25 | — | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | 0.16× | — | ||
| Q2 24 | 0.15× | — | ||
| Q1 24 | 0.19× | — |
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 | $25.1M | $125.0M |
| 自由现金流经营现金流 - 资本支出 | $3.6M | $-116.0M |
| 自由现金流率自由现金流/营收 | 1.1% | -4.1% |
| 资本支出强度资本支出/营收 | 6.5% | 8.5% |
| 现金转化率经营现金流/净利润 | 53.89× | 0.89× |
| 过去12个月自由现金流最近4个季度 | $49.2M | $840.0M |
8季度趋势，按日历期对齐
经营现金流BJRIYUMC
| Q4 25 | — | $125.0M | ||
| Q3 25 | $62.3M | $477.0M | ||
| Q2 25 | $4.6M | $412.0M | ||
| Q1 25 | — | $452.0M | ||
| Q4 24 | $27.3M | $167.0M | ||
| Q3 24 | $20.2M | $409.0M | ||
| Q2 24 | $22.3M | $401.0M | ||
| Q1 24 | $32.2M | $442.0M |
自由现金流BJRIYUMC
| Q4 25 | — | $-116.0M | ||
| Q3 25 | $41.9M | $351.0M | ||
| Q2 25 | $-12.1M | $290.0M | ||
| Q1 25 | — | $315.0M | ||
| Q4 24 | $7.6M | $-15.0M | ||
| Q3 24 | $735.0K | $244.0M | ||
| Q2 24 | $448.0K | $232.0M | ||
| Q1 24 | $15.3M | $253.0M |
自由现金流率BJRIYUMC
| Q4 25 | — | -4.1% | ||
| Q3 25 | 11.5% | 10.9% | ||
| Q2 25 | -3.5% | 10.4% | ||
| Q1 25 | — | 10.6% | ||
| Q4 24 | 2.3% | -0.6% | ||
| Q3 24 | 0.2% | 7.9% | ||
| Q2 24 | 0.1% | 8.7% | ||
| Q1 24 | 4.7% | 8.6% |
资本支出强度BJRIYUMC
| Q4 25 | — | 8.5% | ||
| Q3 25 | 5.6% | 3.9% | ||
| Q2 25 | 4.8% | 4.4% | ||
| Q1 25 | — | 4.6% | ||
| Q4 24 | 6.0% | 7.0% | ||
| Q3 24 | 5.6% | 5.4% | ||
| Q2 24 | 6.5% | 6.3% | ||
| Q1 24 | 5.2% | 6.4% |
现金转化率BJRIYUMC
| Q4 25 | — | 0.89× | ||
| Q3 25 | 2.80× | 1.69× | ||
| Q2 25 | 0.34× | 1.92× | ||
| Q1 25 | — | 1.55× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | 1.18× | 1.38× | ||
| Q2 24 | 2.89× | 1.89× | ||
| Q1 24 | 4.00× | 1.54× |
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
BJRI
暂无分部数据
YUMC
| Revenue From External Customers | $2.1B | 75% |
| Pizza Hut | $540.0M | 19% |
| Corporate And Unallocated | $105.0M | 4% |
| Other Revenue | $45.0M | 2% |
| Franchise Fees And Income | $25.0M | 1% |
