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香颂国际控股（CHSN）与Oatly Group AB（OTLY）财务数据对比。点击上方公司名可切换其他公司
Oatly Group AB的季度营收约是香颂国际控股的52.6倍（$456.6M vs $8.7M）。香颂国际控股净利率更高（-12.1% vs -18.5%，领先6.5%）。香颂国际控股同比增速更快（15.2% vs 8.1%）
香颂国际控股是一家主营高端烘焙连锁业务的食品企业，核心市场位于中国内地，产品线涵盖新鲜面包、手工糕点、定制庆典蛋糕、特色饮品，同时向合作零售网点供应冷冻烘焙产品，服务追求高品质饮食的中等收入消费群体。
Oatly Group AB是源自瑞典的食品企业，90年代依托隆德大学的研究成果创立，总部设于马尔默，在兰斯克鲁纳拥有研发与生产中心。该公司主打燕麦基乳制品替代产品，其中燕麦乳最为知名，目前在美国证券市场公开上市。
CHSN vs OTLY — 直观对比
营收规模更大
OTLY
是对方的52.6倍
$8.7M
营收增速更快
CHSN
高出7.1%
8.1%
净利率更高
CHSN
高出6.5%
-18.5%
损益表 — Q2 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $8.7M | $456.6M |
| 净利润 | $-1.0M | $-84.6M |
| 毛利率 | 44.5% | 32.2% |
| 营业利润率 | -13.7% | -5.9% |
| 净利率 | -12.1% | -18.5% |
| 营收同比 | 15.2% | 8.1% |
| 净利润同比 | -4579.7% | 32.8% |
| 每股收益（稀释后） | $-2.87 | $-0.14 |
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CHSNOTLY
| Q4 25 | — | $456.6M | ||
| Q2 25 | $8.7M | $208.4M | ||
| Q4 24 | — | $422.3M | ||
| Q2 24 | $7.5M | $202.2M |
净利润CHSNOTLY
| Q4 25 | — | $-84.6M | ||
| Q2 25 | $-1.0M | $-55.9M | ||
| Q4 24 | — | $-126.0M | ||
| Q2 24 | $23.4K | $-30.4M |
毛利率CHSNOTLY
| Q4 25 | — | 32.2% | ||
| Q2 25 | 44.5% | 32.5% | ||
| Q4 24 | — | 29.3% | ||
| Q2 24 | 41.5% | 29.2% |
营业利润率CHSNOTLY
| Q4 25 | — | -5.9% | ||
| Q2 25 | -13.7% | -10.6% | ||
| Q4 24 | — | -28.1% | ||
| Q2 24 | -7.4% | -19.3% |
净利率CHSNOTLY
| Q4 25 | — | -18.5% | ||
| Q2 25 | -12.1% | -26.9% | ||
| Q4 24 | — | -29.8% | ||
| Q2 24 | 0.3% | -15.1% |
每股收益（稀释后）CHSNOTLY
| Q4 25 | — | $-0.14 | ||
| Q2 25 | $-2.87 | $-0.09 | ||
| Q4 24 | — | $-0.21 | ||
| Q2 24 | $0.15 | $-0.05 |
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 | $22.1M | $64.3M |
| 总债务越低越好 | $4.5M | $523.0M |
| 股东权益账面价值 | $24.5M | $19.7M |
| 总资产 | $51.6M | $787.2M |
| 负债/权益比越低杠杆越低 | 0.18× | 26.59× |
8季度趋势，按日历期对齐
现金及短期投资CHSNOTLY
| Q4 25 | — | $64.3M | ||
| Q2 25 | $22.1M | $67.9M | ||
| Q4 24 | — | $98.9M | ||
| Q2 24 | $4.1M | $142.7M |
总债务CHSNOTLY
| Q4 25 | — | $523.0M | ||
| Q2 25 | $4.5M | $120.6M | ||
| Q4 24 | — | $446.4M | ||
| Q2 24 | — | — |
股东权益CHSNOTLY
| Q4 25 | — | $19.7M | ||
| Q2 25 | $24.5M | $96.7M | ||
| Q4 24 | — | $106.1M | ||
| Q2 24 | $12.1M | $245.8M |
总资产CHSNOTLY
| Q4 25 | — | $787.2M | ||
| Q2 25 | $51.6M | $803.1M | ||
| Q4 24 | — | $804.0M | ||
| Q2 24 | $38.7M | — |
负债/权益比CHSNOTLY
| Q4 25 | — | 26.59× | ||
| Q2 25 | 0.18× | 1.25× | ||
| Q4 24 | — | 4.21× | ||
| Q2 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 | $-390.3K | $-8.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-11.3M |
| 自由现金流率自由现金流/营收 | — | -2.5% |
| 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 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-189.7M |
8季度趋势，按日历期对齐
经营现金流CHSNOTLY
| Q4 25 | — | $-8.7M | ||
| Q2 25 | $-390.3K | $-15.0M | ||
| Q4 24 | — | $-28.4M | ||
| Q2 24 | $806.1K | $-86.0M |
自由现金流CHSNOTLY
| Q4 25 | — | $-11.3M | ||
| Q2 25 | — | $-24.8M | ||
| Q4 24 | — | $-47.9M | ||
| Q2 24 | $771.9K | $-105.7M |
自由现金流率CHSNOTLY
| Q4 25 | — | -2.5% | ||
| Q2 25 | — | -11.9% | ||
| Q4 24 | — | -11.3% | ||
| Q2 24 | 10.2% | -52.3% |
资本支出强度CHSNOTLY
| Q4 25 | — | 0.6% | ||
| Q2 25 | — | 4.7% | ||
| Q4 24 | — | 4.6% | ||
| Q2 24 | 0.5% | 9.7% |
现金转化率CHSNOTLY
| Q4 25 | — | — | ||
| Q2 25 | — | — | ||
| Q4 24 | — | — | ||
| Q2 24 | 34.43× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
