vs
Cars.com Inc.（CARS）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Cars.com Inc.的8.4倍（$1.5B vs $183.9M）。过去两年欢聚集团的营收复合增速更高（16.8% vs 1.0%）
Cars.com是1998年6月推出的美国汽车分类信息网站，目前是美国第二大汽车分类站点，该域名曾在2014年以8.72亿美元售出，是有史以来成交价最高的域名之一。公司总部位于伊利诺伊州芝加哥，旗下专业编辑团队还会为用户提供权威的汽车评测、行业资讯及购车研究内容。
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。
CARS vs JOYY — 直观对比
营收规模更大
JOYY
是对方的8.4倍
$183.9M
两年增速更快
JOYY
近两年复合增速
1.0%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $183.9M | $1.5B |
| 净利润 | — | $160.1M |
| 毛利率 | — | 36.1% |
| 营业利润率 | 11.8% | 2.4% |
| 净利率 | — | 10.4% |
| 营收同比 | 1.9% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.12 | — |
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CARSJOYY
| Q4 25 | $183.9M | — | ||
| Q3 25 | $181.6M | $1.5B | ||
| Q2 25 | $178.7M | $1.0B | ||
| Q1 25 | $179.0M | $494.4M | ||
| Q4 24 | $180.4M | — | ||
| Q3 24 | $179.7M | $1.7B | ||
| Q2 24 | $178.9M | $1.1B | ||
| Q1 24 | $180.2M | $564.6M |
净利润CARSJOYY
| Q4 25 | — | — | ||
| Q3 25 | $7.7M | $160.1M | ||
| Q2 25 | $7.0M | $100.9M | ||
| Q1 25 | $-2.0M | $42.9M | ||
| Q4 24 | — | — | ||
| Q3 24 | $18.7M | $143.9M | ||
| Q2 24 | $11.4M | $87.9M | ||
| Q1 24 | $784.0K | $40.2M |
毛利率CARSJOYY
| Q4 25 | — | — | ||
| Q3 25 | — | 36.1% | ||
| Q2 25 | — | 36.3% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 35.7% | ||
| Q2 24 | — | 34.9% | ||
| Q1 24 | — | 34.6% |
营业利润率CARSJOYY
| Q4 25 | 11.8% | — | ||
| Q3 25 | 9.3% | 2.4% | ||
| Q2 25 | 8.5% | 1.8% | ||
| Q1 25 | 3.6% | 2.5% | ||
| Q4 24 | 11.0% | — | ||
| Q3 24 | 6.4% | 1.3% | ||
| Q2 24 | 5.3% | 0.5% | ||
| Q1 24 | 7.1% | 0.6% |
净利率CARSJOYY
| Q4 25 | — | — | ||
| Q3 25 | 4.2% | 10.4% | ||
| Q2 25 | 3.9% | 10.1% | ||
| Q1 25 | -1.1% | 8.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | 10.4% | 8.5% | ||
| Q2 24 | 6.4% | 7.8% | ||
| Q1 24 | 0.4% | 7.1% |
每股收益（稀释后）CARSJOYY
| Q4 25 | $0.12 | — | ||
| Q3 25 | $0.12 | — | ||
| Q2 25 | $0.11 | — | ||
| Q1 25 | $-0.03 | — | ||
| Q4 24 | $0.26 | — | ||
| Q3 24 | $0.28 | — | ||
| Q2 24 | $0.17 | — | ||
| Q1 24 | $0.01 | — |
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 | $56.2M | $383.8M |
| 总债务越低越好 | $455.0M | — |
| 股东权益账面价值 | $472.5M | $6.6B |
| 总资产 | $1.1B | $7.5B |
| 负债/权益比越低杠杆越低 | 0.96× | — |
8季度趋势，按日历期对齐
现金及短期投资CARSJOYY
| Q4 25 | $56.2M | — | ||
| Q3 25 | $55.1M | $383.8M | ||
| Q2 25 | $27.7M | $401.0M | ||
| Q1 25 | $31.4M | $801.5M | ||
| Q4 24 | $50.7M | — | ||
| Q3 24 | $49.6M | $481.8M | ||
| Q2 24 | $29.1M | $607.1M | ||
| Q1 24 | $31.4M | $728.2M |
总债务CARSJOYY
| Q4 25 | $455.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $460.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CARSJOYY
| Q4 25 | $472.5M | — | ||
| Q3 25 | $477.6M | $6.6B | ||
| Q2 25 | $483.2M | $6.6B | ||
| Q1 25 | $489.9M | $6.6B | ||
| Q4 24 | $511.5M | — | ||
| Q3 24 | $502.4M | $5.3B | ||
| Q2 24 | $496.9M | $5.3B | ||
| Q1 24 | $481.4M | $5.3B |
总资产CARSJOYY
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | $7.5B | ||
| Q2 25 | $1.1B | $7.5B | ||
| Q1 25 | $1.1B | $7.6B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | $8.1B | ||
| Q2 24 | $1.1B | $8.1B | ||
| Q1 24 | $1.1B | $8.6B |
负债/权益比CARSJOYY
| Q4 25 | 0.96× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.90× | — | ||
| 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 | $37.1M | — |
| 自由现金流经营现金流 - 资本支出 | $36.7M | — |
| 自由现金流率自由现金流/营收 | 20.0% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 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 | $147.4M | — |
8季度趋势，按日历期对齐
经营现金流CARSJOYY
| Q4 25 | $37.1M | — | ||
| Q3 25 | $58.8M | — | ||
| Q2 25 | $26.2M | — | ||
| Q1 25 | $29.5M | — | ||
| Q4 24 | $30.0M | — | ||
| Q3 24 | $53.8M | — | ||
| Q2 24 | $35.3M | — | ||
| Q1 24 | $33.5M | — |
自由现金流CARSJOYY
| Q4 25 | $36.7M | — | ||
| Q3 25 | $58.3M | — | ||
| Q2 25 | $23.7M | — | ||
| Q1 25 | $28.6M | — | ||
| Q4 24 | $29.1M | — | ||
| Q3 24 | $52.8M | — | ||
| Q2 24 | $34.9M | — | ||
| Q1 24 | $32.8M | — |
自由现金流率CARSJOYY
| Q4 25 | 20.0% | — | ||
| Q3 25 | 32.1% | — | ||
| Q2 25 | 13.3% | — | ||
| Q1 25 | 16.0% | — | ||
| Q4 24 | 16.1% | — | ||
| Q3 24 | 29.4% | — | ||
| Q2 24 | 19.5% | — | ||
| Q1 24 | 18.2% | — |
资本支出强度CARSJOYY
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.4% | — |
现金转化率CARSJOYY
| Q4 25 | — | — | ||
| Q3 25 | 7.68× | — | ||
| Q2 25 | 3.74× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.87× | — | ||
| Q2 24 | 3.10× | — | ||
| Q1 24 | 42.69× | — |
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
CARS
| Dealer | $164.4M | 89% |
| Sales Channel Through Oem And National | $16.2M | 9% |
| Sales Channel Through Other | $3.3M | 2% |
JOYY
| Live streaming | $1.1B | 74% |
| Advertising | $297.3M | 19% |
| Others | $109.8M | 7% |
