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Burford Capital Ltd（BUR）与Circle Internet Group, Inc.（CRCL）财务数据对比。点击上方公司名可切换其他公司
Circle Internet Group, Inc.的季度营收约是Burford Capital Ltd的22.1倍（$739.8M vs $33.4M），Circle Internet Group, Inc.净利率更高（29.0% vs -112.2%，领先141.2%），Circle Internet Group, Inc.自由现金流更多（$-14.7M vs $-29.3M）
伯福德资本成立于2009年，是一家面向法律市场的专业金融服务提供商，总部位于根西岛，业务覆盖全球。该公司为企业法务部门、律师事务所的诉讼、仲裁、资产追回等相关法律活动提供资金支持，同时也提供配套的法律金融咨询服务。
Circle是2013年由杰里米·阿莱尔与肖恩·内维尔联合创立的支付科技企业，目前总部位于美国纽约，核心业务覆盖稳定币发行，推出了锚定美元的USDC、锚定欧元的EURC两款稳定币，同时还发行有代币化货币市场基金产品USYC。
BUR vs CRCL — 直观对比
营收规模更大
CRCL
是对方的22.1倍
$33.4M
净利率更高
CRCL
高出141.2%
-112.2%
自由现金流更多
CRCL
多$14.6M
$-29.3M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $33.4M | $739.8M |
| 净利润 | $-37.5M | $214.4M |
| 毛利率 | — | — |
| 营业利润率 | -37.9% | 11.0% |
| 净利率 | -112.2% | 29.0% |
| 营收同比 | — | 5113.5% |
| 净利润同比 | — | 202.0% |
| 每股收益（稀释后） | $-0.16 | $0.64 |
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BURCRCL
| Q4 25 | $33.4M | — | ||
| Q3 25 | $69.8M | $739.8M | ||
| Q2 25 | $191.3M | $658.1M | ||
| Q1 25 | $118.9M | — | ||
| Q3 24 | $159.7M | — | ||
| Q2 24 | $44.3M | $6.8M |
净利润BURCRCL
| Q4 25 | $-37.5M | — | ||
| Q3 25 | $-19.2M | $214.4M | ||
| Q2 25 | $88.3M | $-482.1M | ||
| Q1 25 | $30.9M | — | ||
| Q3 24 | $53.7M | — | ||
| Q2 24 | $-29.9M | $32.9M |
营业利润率BURCRCL
| Q4 25 | -37.9% | — | ||
| Q3 25 | 35.5% | 11.0% | ||
| Q2 25 | 74.3% | -49.5% | ||
| Q1 25 | 65.4% | — | ||
| Q3 24 | 76.1% | — | ||
| Q2 24 | 32.0% | — |
净利率BURCRCL
| Q4 25 | -112.2% | — | ||
| Q3 25 | -27.4% | 29.0% | ||
| Q2 25 | 46.2% | -73.3% | ||
| Q1 25 | 26.0% | — | ||
| Q3 24 | 33.7% | — | ||
| Q2 24 | -67.6% | 486.5% |
每股收益（稀释后）BURCRCL
| Q4 25 | $-0.16 | — | ||
| Q3 25 | $-0.09 | $0.64 | ||
| Q2 25 | $0.39 | $-4.48 | ||
| Q1 25 | $0.14 | — | ||
| Q3 24 | $0.24 | — | ||
| Q2 24 | $-0.14 | $0.00 |
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 | $943.5M | $1.3B |
| 总债务越低越好 | $2.1B | — |
| 股东权益账面价值 | $2.4B | $3.0B |
| 总资产 | $6.6B | $76.8B |
| 负债/权益比越低杠杆越低 | 0.87× | — |
8季度趋势，按日历期对齐
现金及短期投资BURCRCL
| Q4 25 | $943.5M | — | ||
| Q3 25 | $677.7M | $1.3B | ||
| Q2 25 | $372.2M | $1.1B | ||
| Q1 25 | $486.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $457.5M |
总债务BURCRCL
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BURCRCL
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.5B | $3.0B | ||
| Q2 25 | $2.5B | $2.4B | ||
| Q1 25 | $2.4B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.1B | $460.9M |
总资产BURCRCL
| Q4 25 | $6.6B | — | ||
| Q3 25 | $6.7B | $76.8B | ||
| Q2 25 | $6.3B | $64.2B | ||
| Q1 25 | $6.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
负债/权益比BURCRCL
| Q4 25 | 0.87× | — | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.72× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $-29.0M | $-10.7M |
| 自由现金流经营现金流 - 资本支出 | $-29.3M | $-14.7M |
| 自由现金流率自由现金流/营收 | -87.7% | -2.0% |
| 资本支出强度资本支出/营收 | 0.8% | 0.5% |
| 现金转化率经营现金流/净利润 | — | -0.05× |
| 过去12个月自由现金流最近4个季度 | $21.4M | — |
8季度趋势，按日历期对齐
经营现金流BURCRCL
| Q4 25 | $-29.0M | — | ||
| Q3 25 | $-20.1M | $-10.7M | ||
| Q2 25 | $-84.2M | $303.7M | ||
| Q1 25 | $155.2M | — | ||
| Q3 24 | $-97.4M | — | ||
| Q2 24 | $53.0M | — |
自由现金流BURCRCL
| Q4 25 | $-29.3M | — | ||
| Q3 25 | $-20.1M | $-14.7M | ||
| Q2 25 | $-84.3M | $296.3M | ||
| Q1 25 | $155.1M | — | ||
| Q3 24 | $-97.4M | — | ||
| Q2 24 | $52.9M | — |
自由现金流率BURCRCL
| Q4 25 | -87.7% | — | ||
| Q3 25 | -28.8% | -2.0% | ||
| Q2 25 | -44.1% | 45.0% | ||
| Q1 25 | 130.5% | — | ||
| Q3 24 | -61.0% | — | ||
| Q2 24 | 119.5% | — |
资本支出强度BURCRCL
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.1% | 0.5% | ||
| Q2 25 | 0.1% | 1.1% | ||
| Q1 25 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.1% | — |
现金转化率BURCRCL
| Q4 25 | — | — | ||
| Q3 25 | — | -0.05× | ||
| Q2 25 | -0.95× | — | ||
| Q1 25 | 5.02× | — | ||
| Q3 24 | -1.81× | — | ||
| Q2 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
BUR
| Principal Finance Segment | $29.1M | 87% |
| Other | $3.5M | 10% |
| Management Fee Income | $878.0K | 3% |
CRCL
暂无分部数据
