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CBL & ASSOCIATES PROPERTIES INC（CBL）与GDEV Inc.（GDEV）财务数据对比。点击上方公司名可切换其他公司
CBL & ASSOCIATES PROPERTIES INC的季度营收约是GDEV Inc.的1.3倍（$156.4M vs $119.9M），CBL & ASSOCIATES PROPERTIES INC净利率更高（31.3% vs 13.9%，领先17.5%），CBL & ASSOCIATES PROPERTIES INC同比增速更快（18.8% vs 13.3%）
CBL联合地产是一家美国房地产投资信托企业，核心投资布局为购物中心与商业摩尔，业务主要集中在美国东南部与中西部地区。公司在特拉华州注册，总部设于田纳西州查塔努加，该城市也是其最大的布局市场，公司名称取自创始人查尔斯·B·勒博维茨的姓名首字母。
GDEV Inc.是一家游戏娱乐控股公司，在纳斯达克上市，总部位于塞浦路斯利马索尔。该公司前身为2014年成立的游戏公司Nexters，2023年6月改组为控股集团，是欧洲前五的独立移动游戏企业，旗下拥有Nexters Studio、Cubic Games、Royal Ark、Game Gears、Light Hour Games等工作室，分支机构分布在塞浦路斯、亚美尼亚、哈萨克斯坦等地。
CBL vs GDEV — 直观对比
营收规模更大
CBL
是对方的1.3倍
$119.9M
营收增速更快
CBL
高出5.5%
13.3%
净利率更高
CBL
高出17.5%
13.9%
损益表 — Q4 FY2025 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $156.4M | $119.9M |
| 净利润 | $49.0M | $16.6M |
| 毛利率 | — | — |
| 营业利润率 | — | 15.5% |
| 净利率 | 31.3% | 13.9% |
| 营收同比 | 18.8% | 13.3% |
| 净利润同比 | 29.0% | 13.0% |
| 每股收益（稀释后） | $1.61 | $0.90 |
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CBLGDEV
| Q4 25 | $156.4M | — | ||
| Q3 25 | $139.3M | — | ||
| Q2 25 | $140.9M | $119.9M | ||
| Q1 25 | $141.8M | — | ||
| Q4 24 | $131.7M | — | ||
| Q3 24 | $125.1M | — | ||
| Q2 24 | $129.7M | $105.8M | ||
| Q1 24 | $129.1M | — |
净利润CBLGDEV
| Q4 25 | $49.0M | — | ||
| Q3 25 | $75.4M | — | ||
| Q2 25 | $2.8M | $16.6M | ||
| Q1 25 | $8.8M | — | ||
| Q4 24 | $38.0M | — | ||
| Q3 24 | $16.2M | — | ||
| Q2 24 | $4.7M | $14.7M | ||
| Q1 24 | $50.0K | — |
营业利润率CBLGDEV
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 15.5% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 14.4% | ||
| Q1 24 | — | — |
净利率CBLGDEV
| Q4 25 | 31.3% | — | ||
| Q3 25 | 54.2% | — | ||
| Q2 25 | 2.0% | 13.9% | ||
| Q1 25 | 6.2% | — | ||
| Q4 24 | 28.8% | — | ||
| Q3 24 | 12.9% | — | ||
| Q2 24 | 3.7% | 13.9% | ||
| Q1 24 | 0.0% | — |
每股收益（稀释后）CBLGDEV
| Q4 25 | $1.61 | — | ||
| Q3 25 | $2.38 | — | ||
| Q2 25 | $0.08 | $0.90 | ||
| Q1 25 | $0.27 | — | ||
| Q4 24 | $1.22 | — | ||
| Q3 24 | $0.52 | — | ||
| Q2 24 | $0.14 | $0.81 | ||
| 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 | $42.3M | $41.6M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $374.9M | $-129.4M |
| 总资产 | $2.7B | $210.2M |
| 负债/权益比越低杠杆越低 | 5.79× | — |
8季度趋势，按日历期对齐
现金及短期投资CBLGDEV
| Q4 25 | $42.3M | — | ||
| Q3 25 | $52.6M | — | ||
| Q2 25 | $100.3M | $41.6M | ||
| Q1 25 | $100.3M | — | ||
| Q4 24 | $40.8M | — | ||
| Q3 24 | $65.1M | — | ||
| Q2 24 | $57.7M | $50.8M | ||
| Q1 24 | $57.7M | — |
总债务CBLGDEV
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $1.9B | — |
股东权益CBLGDEV
| Q4 25 | $374.9M | — | ||
| Q3 25 | $351.4M | — | ||
| Q2 25 | $289.4M | $-129.4M | ||
| Q1 25 | $295.0M | — | ||
| Q4 24 | $323.5M | — | ||
| Q3 24 | $308.3M | — | ||
| Q2 24 | $308.8M | $-118.7M | ||
| Q1 24 | $324.2M | — |
总资产CBLGDEV
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.6B | $210.2M | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.3B | $282.8M | ||
| Q1 24 | $2.3B | — |
负债/权益比CBLGDEV
| Q4 25 | 5.79× | — | ||
| Q3 25 | 6.21× | — | ||
| Q2 25 | 7.39× | — | ||
| Q1 25 | 7.29× | — | ||
| Q4 24 | 6.84× | — | ||
| Q3 24 | 5.76× | — | ||
| Q2 24 | 6.00× | — | ||
| Q1 24 | 5.74× | — |
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 | $249.7M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 5.10× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CBLGDEV
| Q4 25 | $249.7M | — | ||
| Q3 25 | $69.6M | — | ||
| Q2 25 | $68.3M | — | ||
| Q1 25 | $31.7M | — | ||
| Q4 24 | $202.2M | — | ||
| Q3 24 | $61.1M | — | ||
| Q2 24 | $64.2M | — | ||
| Q1 24 | $30.7M | — |
自由现金流CBLGDEV
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $46.0M | — | ||
| Q2 24 | $54.8M | — | ||
| Q1 24 | $24.7M | — |
自由现金流率CBLGDEV
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 36.8% | — | ||
| Q2 24 | 42.2% | — | ||
| Q1 24 | 19.1% | — |
资本支出强度CBLGDEV
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 12.1% | — | ||
| Q2 24 | 7.3% | — | ||
| Q1 24 | 4.7% | — |
现金转化率CBLGDEV
| Q4 25 | 5.10× | — | ||
| Q3 25 | 0.92× | — | ||
| Q2 25 | 24.74× | — | ||
| Q1 25 | 3.60× | — | ||
| Q4 24 | 5.32× | — | ||
| Q3 24 | 3.77× | — | ||
| Q2 24 | 13.54× | — | ||
| Q1 24 | 614.76× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
