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CarGurus, Inc.（CARG）与欢聚集团（JOYY）财务数据对比。点击上方公司名可切换其他公司
欢聚集团的季度营收约是CarGurus, Inc.的7.4倍（$1.5B vs $209.1M）。CarGurus, Inc.净利率更高（23.8% vs 10.4%，领先13.4%）。过去两年欢聚集团的营收复合增速更高（16.8% vs -1.6%）
CarGurus是一家汽车研究与选购平台，在美国、英国和加拿大开展业务，为消费者和汽车经销商提供新二手车本地车源对比服务，同时支持用户与卖家直接联系，帮助购车群体高效适配心仪车辆，也为经销商搭建了精准的客户对接渠道。
欢聚集团是全球化社交媒体科技企业，主营直播、短视频、社交互动类数字娱乐服务，核心产品覆盖东南亚、中东、拉美等多个新兴市场，为全球用户提供丰富的沉浸式互动内容体验。
CARG vs JOYY — 直观对比
营收规模更大
JOYY
是对方的7.4倍
$209.1M
净利率更高
CARG
高出13.4%
10.4%
两年增速更快
JOYY
近两年复合增速
-1.6%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $209.1M | $1.5B |
| 净利润 | $49.8M | $160.1M |
| 毛利率 | — | 36.1% |
| 营业利润率 | 57.0% | 2.4% |
| 净利率 | 23.8% | 10.4% |
| 营收同比 | -8.5% | — |
| 净利润同比 | 8.5% | — |
| 每股收益（稀释后） | $0.51 | — |
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CARGJOYY
| Q4 25 | $209.1M | — | ||
| Q3 25 | $238.7M | $1.5B | ||
| Q2 25 | $234.0M | $1.0B | ||
| Q1 25 | $225.2M | $494.4M | ||
| Q4 24 | $228.5M | — | ||
| Q3 24 | $231.4M | $1.7B | ||
| Q2 24 | $218.7M | $1.1B | ||
| Q1 24 | $215.8M | $564.6M |
净利润CARGJOYY
| Q4 25 | $49.8M | — | ||
| Q3 25 | $44.7M | $160.1M | ||
| Q2 25 | $22.3M | $100.9M | ||
| Q1 25 | $39.0M | $42.9M | ||
| Q4 24 | $45.9M | — | ||
| Q3 24 | $22.5M | $143.9M | ||
| Q2 24 | $-68.7M | $87.9M | ||
| Q1 24 | $21.3M | $40.2M |
毛利率CARGJOYY
| Q4 25 | — | — | ||
| Q3 25 | 89.5% | 36.1% | ||
| Q2 25 | 87.3% | 36.3% | ||
| Q1 25 | 88.7% | 36.1% | ||
| Q4 24 | 87.1% | — | ||
| Q3 24 | 78.9% | 35.7% | ||
| Q2 24 | 83.4% | 34.9% | ||
| Q1 24 | 81.1% | 34.6% |
营业利润率CARGJOYY
| Q4 25 | 57.0% | — | ||
| Q3 25 | 22.9% | 2.4% | ||
| Q2 25 | 10.6% | 1.8% | ||
| Q1 25 | 20.3% | 2.5% | ||
| Q4 24 | 23.3% | — | ||
| Q3 24 | 11.9% | 1.3% | ||
| Q2 24 | -42.8% | 0.5% | ||
| Q1 24 | 12.2% | 0.6% |
净利率CARGJOYY
| Q4 25 | 23.8% | — | ||
| Q3 25 | 18.7% | 10.4% | ||
| Q2 25 | 9.5% | 10.1% | ||
| Q1 25 | 17.3% | 8.7% | ||
| Q4 24 | 20.1% | — | ||
| Q3 24 | 9.7% | 8.5% | ||
| Q2 24 | -31.4% | 7.8% | ||
| Q1 24 | 9.9% | 7.1% |
每股收益（稀释后）CARGJOYY
| Q4 25 | $0.51 | — | ||
| Q3 25 | $0.45 | — | ||
| Q2 25 | $0.22 | — | ||
| Q1 25 | $0.37 | — | ||
| Q4 24 | $0.45 | — | ||
| Q3 24 | $0.21 | — | ||
| Q2 24 | $-0.66 | — | ||
| Q1 24 | $0.20 | — |
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 | $190.5M | $383.8M |
| 总债务越低越好 | $0 | — |
| 股东权益账面价值 | $374.2M | $6.6B |
| 总资产 | $661.9M | $7.5B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资CARGJOYY
| Q4 25 | $190.5M | — | ||
| Q3 25 | $178.8M | $383.8M | ||
| Q2 25 | $231.2M | $401.0M | ||
| Q1 25 | $172.9M | $801.5M | ||
| Q4 24 | $304.2M | — | ||
| Q3 24 | $246.7M | $481.8M | ||
| Q2 24 | $216.2M | $607.1M | ||
| Q1 24 | $246.3M | $728.2M |
总债务CARGJOYY
| Q4 25 | $0 | — | ||
| Q3 25 | $0 | — | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $0 | — | ||
| Q2 24 | $0 | — | ||
| Q1 24 | $0 | — |
股东权益CARGJOYY
| Q4 25 | $374.2M | — | ||
| Q3 25 | $375.4M | $6.6B | ||
| Q2 25 | $435.5M | $6.6B | ||
| Q1 25 | $402.1M | $6.6B | ||
| Q4 24 | $541.7M | — | ||
| Q3 24 | $483.5M | $5.3B | ||
| Q2 24 | $452.1M | $5.3B | ||
| Q1 24 | $568.4M | $5.3B |
总资产CARGJOYY
| Q4 25 | $661.9M | — | ||
| Q3 25 | $660.5M | $7.5B | ||
| Q2 25 | $726.1M | $7.5B | ||
| Q1 25 | $689.1M | $7.6B | ||
| Q4 24 | $824.5M | — | ||
| Q3 24 | $778.2M | $8.1B | ||
| Q2 24 | $753.3M | $8.1B | ||
| Q1 24 | $870.8M | $8.6B |
负债/权益比CARGJOYY
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 0.00× | — |
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 | $83.1M | — |
| 自由现金流经营现金流 - 资本支出 | $81.9M | — |
| 自由现金流率自由现金流/营收 | 39.2% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | 1.67× | — |
| 过去12个月自由现金流最近4个季度 | $288.9M | — |
8季度趋势，按日历期对齐
经营现金流CARGJOYY
| Q4 25 | $83.1M | — | ||
| Q3 25 | $71.2M | — | ||
| Q2 25 | $73.1M | — | ||
| Q1 25 | $67.9M | — | ||
| Q4 24 | $75.7M | — | ||
| Q3 24 | $56.2M | — | ||
| Q2 24 | $71.6M | — | ||
| Q1 24 | $52.0M | — |
自由现金流CARGJOYY
| Q4 25 | $81.9M | — | ||
| Q3 25 | $69.8M | — | ||
| Q2 25 | $71.5M | — | ||
| Q1 25 | $65.6M | — | ||
| Q4 24 | $65.5M | — | ||
| Q3 24 | $45.9M | — | ||
| Q2 24 | $45.6M | — | ||
| Q1 24 | $23.3M | — |
自由现金流率CARGJOYY
| Q4 25 | 39.2% | — | ||
| Q3 25 | 29.2% | — | ||
| Q2 25 | 30.6% | — | ||
| Q1 25 | 29.2% | — | ||
| Q4 24 | 28.7% | — | ||
| Q3 24 | 19.8% | — | ||
| Q2 24 | 20.9% | — | ||
| Q1 24 | 10.8% | — |
资本支出强度CARGJOYY
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 4.5% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 11.9% | — | ||
| Q1 24 | 13.3% | — |
现金转化率CARGJOYY
| Q4 25 | 1.67× | — | ||
| Q3 25 | 1.59× | — | ||
| Q2 25 | 3.27× | — | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | 1.65× | — | ||
| Q3 24 | 2.50× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 2.44× | — |
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
CARG
| US | $187.0M | 89% |
| Non Us | $22.1M | 11% |
JOYY
| Live streaming | $1.1B | 74% |
| Advertising | $297.3M | 19% |
| Others | $109.8M | 7% |
