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Burford Capital Ltd（BUR）与Hut 8 Corp.（HUT）财务数据对比。点击上方公司名可切换其他公司
Hut 8 Corp.的季度营收约是Burford Capital Ltd的2.6倍（$88.5M vs $33.4M），Burford Capital Ltd净利率更高（-112.2% vs -316.0%，领先203.8%）
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。
Tropical Hut是菲律宾水星集团旗下的快餐连锁品牌，是菲律宾历史第七悠久的餐饮连锁品牌，创立时间早于1978年成立的快乐蜂及1981年进入菲律宾市场的麦当劳。
BUR vs HUT — 直观对比
营收规模更大
HUT
是对方的2.6倍
$33.4M
净利率更高
BUR
高出203.8%
-316.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $33.4M | $88.5M |
| 净利润 | $-37.5M | $-279.7M |
| 毛利率 | — | 60.4% |
| 营业利润率 | -37.9% | -491.4% |
| 净利率 | -112.2% | -316.0% |
| 营收同比 | — | 179.2% |
| 净利润同比 | — | -283.7% |
| 每股收益（稀释后） | $-0.16 | $-2.45 |
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BURHUT
| Q4 25 | $33.4M | $88.5M | ||
| Q3 25 | $69.8M | $83.5M | ||
| Q2 25 | $191.3M | $41.3M | ||
| Q1 25 | $118.9M | $21.8M | ||
| Q4 24 | — | $31.7M | ||
| Q3 24 | $159.7M | $43.7M | ||
| Q2 24 | $44.3M | $35.2M | ||
| Q1 24 | — | $51.7M |
净利润BURHUT
| Q4 25 | $-37.5M | $-279.7M | ||
| Q3 25 | $-19.2M | $50.1M | ||
| Q2 25 | $88.3M | $137.3M | ||
| Q1 25 | $30.9M | $-133.9M | ||
| Q4 24 | — | $152.2M | ||
| Q3 24 | $53.7M | $647.0K | ||
| Q2 24 | $-29.9M | $-71.9M | ||
| Q1 24 | — | $250.9M |
毛利率BURHUT
| Q4 25 | — | 60.4% | ||
| Q3 25 | — | 61.3% | ||
| Q2 25 | — | 47.3% | ||
| Q1 25 | — | 14.5% | ||
| Q4 24 | — | 35.9% | ||
| Q3 24 | — | 59.9% | ||
| Q2 24 | — | 41.4% | ||
| Q1 24 | — | 45.6% |
营业利润率BURHUT
| Q4 25 | -37.9% | -491.4% | ||
| Q3 25 | 35.5% | 87.0% | ||
| Q2 25 | 74.3% | — | ||
| Q1 25 | 65.4% | -676.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | 76.1% | -3.6% | ||
| Q2 24 | 32.0% | -246.2% | ||
| Q1 24 | — | — |
净利率BURHUT
| Q4 25 | -112.2% | -316.0% | ||
| Q3 25 | -27.4% | 60.0% | ||
| Q2 25 | 46.2% | 332.5% | ||
| Q1 25 | 26.0% | -613.7% | ||
| Q4 24 | — | 480.3% | ||
| Q3 24 | 33.7% | 1.5% | ||
| Q2 24 | -67.6% | -204.1% | ||
| Q1 24 | — | 484.9% |
每股收益（稀释后）BURHUT
| Q4 25 | $-0.16 | $-2.45 | ||
| Q3 25 | $-0.09 | $0.43 | ||
| Q2 25 | $0.39 | $1.18 | ||
| Q1 25 | $0.14 | $-1.30 | ||
| Q4 24 | — | $1.41 | ||
| Q3 24 | $0.24 | $0.01 | ||
| Q2 24 | $-0.14 | $-0.78 | ||
| Q1 24 | — | $2.76 |
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 | $44.9M |
| 总债务越低越好 | $2.1B | — |
| 股东权益账面价值 | $2.4B | $1.4B |
| 总资产 | $6.6B | $2.8B |
| 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BURHUT
| Q4 25 | $943.5M | $44.9M | ||
| Q3 25 | $677.7M | $33.5M | ||
| Q2 25 | $372.2M | $216.3M | ||
| Q1 25 | $486.6M | $108.4M | ||
| Q4 24 | — | $85.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $11.5M |
总债务BURHUT
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | — | $300.6M | ||
| Q3 24 | — | $297.3M | ||
| Q2 24 | — | $328.8M | ||
| Q1 24 | — | $177.6M |
股东权益BURHUT
| Q4 25 | $2.4B | $1.4B | ||
| Q3 25 | $2.5B | $1.4B | ||
| Q2 25 | $2.5B | $1.3B | ||
| Q1 25 | $2.4B | $960.0M | ||
| Q4 24 | — | $976.7M | ||
| Q3 24 | $3.2B | $703.9M | ||
| Q2 24 | $3.1B | $660.1M | ||
| Q1 24 | — | $732.0M |
总资产BURHUT
| Q4 25 | $6.6B | $2.8B | ||
| Q3 25 | $6.7B | $2.7B | ||
| Q2 25 | $6.3B | $2.0B | ||
| Q1 25 | $6.2B | $1.6B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $999.0M |
负债/权益比BURHUT
| Q4 25 | 0.87× | — | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | — | 0.31× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 0.50× | ||
| Q1 24 | — | 0.24× |
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 | $-139.2M |
| 自由现金流经营现金流 - 资本支出 | $-29.3M | — |
| 自由现金流率自由现金流/营收 | -87.7% | — |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 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 | $21.4M | — |
8季度趋势，按日历期对齐
经营现金流BURHUT
| Q4 25 | $-29.0M | $-139.2M | ||
| Q3 25 | $-20.1M | $770.0K | ||
| Q2 25 | $-84.2M | $-48.8M | ||
| Q1 25 | $155.2M | $-33.8M | ||
| Q4 24 | — | $-68.5M | ||
| Q3 24 | $-97.4M | $-4.2M | ||
| Q2 24 | $53.0M | $-16.4M | ||
| Q1 24 | — | $-26.3M |
自由现金流BURHUT
| Q4 25 | $-29.3M | — | ||
| Q3 25 | $-20.1M | — | ||
| Q2 25 | $-84.3M | — | ||
| Q1 25 | $155.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-97.4M | — | ||
| Q2 24 | $52.9M | — | ||
| Q1 24 | — | — |
自由现金流率BURHUT
| Q4 25 | -87.7% | — | ||
| Q3 25 | -28.8% | — | ||
| Q2 25 | -44.1% | — | ||
| Q1 25 | 130.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -61.0% | — | ||
| Q2 24 | 119.5% | — | ||
| Q1 24 | — | — |
资本支出强度BURHUT
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | — | — |
现金转化率BURHUT
| Q4 25 | — | — | ||
| Q3 25 | — | 0.02× | ||
| Q2 25 | -0.95× | -0.36× | ||
| Q1 25 | 5.02× | — | ||
| Q4 24 | — | -0.45× | ||
| Q3 24 | -1.81× | -6.49× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.11× |
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% |
HUT
| High Performance Computing Colocation And Cloud | $81.9M | 93% |
| Power | $5.0M | 6% |
| Digital Infrastructure | $1.6M | 2% |
