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Burford Capital Ltd（BUR）与READING INTERNATIONAL INC（RDI）财务数据对比。点击上方公司名可切换其他公司
READING INTERNATIONAL INC的季度营收约是Burford Capital Ltd的1.5倍（$50.3M vs $33.4M），READING INTERNATIONAL INC净利率更高（-5.1% vs -112.2%，领先107.1%），READING INTERNATIONAL INC自由现金流更多（$4.1M 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。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
BUR vs RDI — 直观对比
营收规模更大
RDI
是对方的1.5倍
$33.4M
净利率更高
RDI
高出107.1%
-112.2%
自由现金流更多
RDI
多$33.4M
$-29.3M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $33.4M | $50.3M |
| 净利润 | $-37.5M | $-2.6M |
| 毛利率 | — | — |
| 营业利润率 | -37.9% | -1.9% |
| 净利率 | -112.2% | -5.1% |
| 营收同比 | — | -14.2% |
| 净利润同比 | — | -14.5% |
| 每股收益（稀释后） | $-0.16 | $-0.11 |
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BURRDI
| Q4 25 | $33.4M | $50.3M | ||
| Q3 25 | $69.8M | $52.2M | ||
| Q2 25 | $191.3M | $60.4M | ||
| Q1 25 | $118.9M | $40.2M | ||
| Q4 24 | — | $58.6M | ||
| Q3 24 | $159.7M | $60.1M | ||
| Q2 24 | $44.3M | $46.8M | ||
| Q1 24 | — | $45.1M |
净利润BURRDI
| Q4 25 | $-37.5M | $-2.6M | ||
| Q3 25 | $-19.2M | $-4.2M | ||
| Q2 25 | $88.3M | $-2.7M | ||
| Q1 25 | $30.9M | $-4.8M | ||
| Q4 24 | — | $-2.2M | ||
| Q3 24 | $53.7M | $-7.0M | ||
| Q2 24 | $-29.9M | $-12.8M | ||
| Q1 24 | — | $-13.2M |
营业利润率BURRDI
| Q4 25 | -37.9% | -1.9% | ||
| Q3 25 | 35.5% | -0.6% | ||
| Q2 25 | 74.3% | 4.8% | ||
| Q1 25 | 65.4% | -17.2% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | 76.1% | -0.6% | ||
| Q2 24 | 32.0% | -16.4% | ||
| Q1 24 | — | -16.7% |
净利率BURRDI
| Q4 25 | -112.2% | -5.1% | ||
| Q3 25 | -27.4% | -8.0% | ||
| Q2 25 | 46.2% | -4.4% | ||
| Q1 25 | 26.0% | -11.8% | ||
| Q4 24 | — | -3.8% | ||
| Q3 24 | 33.7% | -11.7% | ||
| Q2 24 | -67.6% | -27.4% | ||
| Q1 24 | — | -29.4% |
每股收益（稀释后）BURRDI
| Q4 25 | $-0.16 | $-0.11 | ||
| Q3 25 | $-0.09 | $-0.18 | ||
| Q2 25 | $0.39 | $-0.12 | ||
| Q1 25 | $0.14 | $-0.21 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | $0.24 | $-0.31 | ||
| Q2 24 | $-0.14 | $-0.57 | ||
| Q1 24 | — | $-0.59 |
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 | $10.5M |
| 总债务越低越好 | $2.1B | $185.1M |
| 股东权益账面价值 | $2.4B | $-18.2M |
| 总资产 | $6.6B | $434.9M |
| 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BURRDI
| Q4 25 | $943.5M | $10.5M | ||
| Q3 25 | $677.7M | $8.1M | ||
| Q2 25 | $372.2M | $9.1M | ||
| Q1 25 | $486.6M | $5.9M | ||
| Q4 24 | — | $12.4M | ||
| Q3 24 | — | $10.1M | ||
| Q2 24 | — | $9.3M | ||
| Q1 24 | — | $7.5M |
总债务BURRDI
| Q4 25 | $2.1B | $185.1M | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BURRDI
| Q4 25 | $2.4B | $-18.2M | ||
| Q3 25 | $2.5B | $-12.1M | ||
| Q2 25 | $2.5B | $-7.7M | ||
| Q1 25 | $2.4B | $-8.1M | ||
| Q4 24 | — | $-4.4M | ||
| Q3 24 | $3.2B | $1.6M | ||
| Q2 24 | $3.1B | $6.5M | ||
| Q1 24 | — | $18.0M |
总资产BURRDI
| Q4 25 | $6.6B | $434.9M | ||
| Q3 25 | $6.7B | $435.2M | ||
| Q2 25 | $6.3B | $438.1M | ||
| Q1 25 | $6.2B | $441.0M | ||
| Q4 24 | — | $471.0M | ||
| Q3 24 | — | $495.7M | ||
| Q2 24 | — | $494.9M | ||
| Q1 24 | — | $494.9M |
负债/权益比BURRDI
| Q4 25 | 0.87× | — | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | $-29.0M | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $-29.3M | $4.1M |
| 自由现金流率自由现金流/营收 | -87.7% | 8.2% |
| 资本支出强度资本支出/营收 | 0.8% | 0.3% |
| 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 | $-2.9M |
8季度趋势，按日历期对齐
经营现金流BURRDI
| Q4 25 | $-29.0M | $4.3M | ||
| Q3 25 | $-20.1M | $295.0K | ||
| Q2 25 | $-84.2M | $1.6M | ||
| Q1 25 | $155.2M | $-7.7M | ||
| Q4 24 | — | $8.0M | ||
| Q3 24 | $-97.4M | $1.3M | ||
| Q2 24 | $53.0M | $-10.4M | ||
| Q1 24 | — | $-2.8M |
自由现金流BURRDI
| Q4 25 | $-29.3M | $4.1M | ||
| Q3 25 | $-20.1M | $-246.0K | ||
| Q2 25 | $-84.3M | $1.2M | ||
| Q1 25 | $155.1M | $-8.0M | ||
| Q4 24 | — | $7.0M | ||
| Q3 24 | $-97.4M | $-1.1M | ||
| Q2 24 | $52.9M | $-10.6M | ||
| Q1 24 | — | $-4.7M |
自由现金流率BURRDI
| Q4 25 | -87.7% | 8.2% | ||
| Q3 25 | -28.8% | -0.5% | ||
| Q2 25 | -44.1% | 1.9% | ||
| Q1 25 | 130.5% | -19.8% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | -61.0% | -1.8% | ||
| Q2 24 | 119.5% | -22.7% | ||
| Q1 24 | — | -10.4% |
资本支出强度BURRDI
| Q4 25 | 0.8% | 0.3% | ||
| Q3 25 | 0.1% | 1.0% | ||
| Q2 25 | 0.1% | 0.6% | ||
| Q1 25 | 0.0% | 0.6% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | 0.0% | 4.0% | ||
| Q2 24 | 0.1% | 0.5% | ||
| Q1 24 | — | 4.3% |
现金转化率BURRDI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.95× | — | ||
| Q1 25 | 5.02× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -1.81× | — | ||
| Q2 24 | — | — | ||
| 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
BUR
| Principal Finance Segment | $29.1M | 87% |
| Other | $3.5M | 10% |
| Management Fee Income | $878.0K | 3% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
