vs
Clipper Realty Inc.（CLPR）与花花公子（PLBY）财务数据对比。点击上方公司名可切换其他公司
Clipper Realty Inc.的季度营收约是花花公子的1.1倍（$37.1M vs $34.9M），花花公子净利率更高（10.3% vs -30.4%，领先40.7%），花花公子同比增速更快（4.2% vs -2.6%），过去两年花花公子的营收复合增速更高（11.0% vs 1.8%）
Clipper Realty Inc.旗下Clipper Equity由大卫·比斯特里瑟和山姆·莱文森牵头成立，在美国纽约与新泽西州拥有超60栋物业，合计数千套住宅单元。该企业最为人熟知的事迹是曾在2007年2月出价13亿美元收购纽约布鲁克林的斯塔雷特城住宅区，该交易曾是当时全球规模最大的房地产交易之一。
花花公子集团（Playboy, Inc.）起源于1953年由休·海夫纳联合合伙人在美国芝加哥创立，初始部分资金来自海夫纳母亲提供的1000美元贷款，是美国知名生活方式与娱乐内容品牌，旗下核心《花花公子》杂志同时发行电子版与纸质版。
CLPR vs PLBY — 直观对比
营收规模更大
CLPR
是对方的1.1倍
$34.9M
营收增速更快
PLBY
高出6.8%
-2.6%
净利率更高
PLBY
高出40.7%
-30.4%
两年增速更快
PLBY
近两年复合增速
1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $37.1M | $34.9M |
| 净利润 | $-11.3M | $3.6M |
| 毛利率 | -5.2% | 73.3% |
| 营业利润率 | 21.8% | 7.9% |
| 净利率 | -30.4% | 10.3% |
| 营收同比 | -2.6% | 4.2% |
| 净利润同比 | -938.6% | 128.6% |
| 每股收益（稀释后） | — | $0.05 |
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CLPRPLBY
| Q4 25 | $37.1M | $34.9M | ||
| Q3 25 | $37.7M | $29.0M | ||
| Q2 25 | $39.0M | $28.1M | ||
| Q1 25 | $39.4M | $28.9M | ||
| Q4 24 | $38.0M | $33.5M | ||
| Q3 24 | $37.6M | $29.4M | ||
| Q2 24 | $37.3M | $24.9M | ||
| Q1 24 | $35.8M | $28.3M |
净利润CLPRPLBY
| Q4 25 | $-11.3M | $3.6M | ||
| Q3 25 | $-4.6M | $460.0K | ||
| Q2 25 | $-1.4M | $-7.7M | ||
| Q1 25 | $-35.1M | $-9.0M | ||
| Q4 24 | $-1.1M | $-12.5M | ||
| Q3 24 | $-1.1M | $-33.8M | ||
| Q2 24 | $-1.7M | $-16.7M | ||
| Q1 24 | $-2.7M | $-16.4M |
毛利率CLPRPLBY
| Q4 25 | -5.2% | 73.3% | ||
| Q3 25 | 23.6% | 76.0% | ||
| Q2 25 | 27.8% | 65.4% | ||
| Q1 25 | -34.5% | 68.6% | ||
| Q4 24 | 28.8% | 70.8% | ||
| Q3 24 | 28.6% | 61.0% | ||
| Q2 24 | 26.8% | 67.8% | ||
| Q1 24 | 25.4% | 55.8% |
营业利润率CLPRPLBY
| Q4 25 | 21.8% | 7.9% | ||
| Q3 25 | 23.6% | 4.7% | ||
| Q2 25 | 27.7% | -20.9% | ||
| Q1 25 | -59.9% | -21.7% | ||
| Q4 24 | 28.1% | -13.3% | ||
| Q3 24 | 28.6% | -96.0% | ||
| Q2 24 | 26.8% | -37.0% | ||
| Q1 24 | 25.4% | -31.5% |
净利率CLPRPLBY
| Q4 25 | -30.4% | 10.3% | ||
| Q3 25 | -12.2% | 1.6% | ||
| Q2 25 | -3.5% | -27.3% | ||
| Q1 25 | -89.1% | -31.3% | ||
| Q4 24 | -2.9% | -37.4% | ||
| Q3 24 | -2.9% | -114.7% | ||
| Q2 24 | -4.7% | -66.9% | ||
| Q1 24 | -7.5% | -58.1% |
每股收益（稀释后）CLPRPLBY
| Q4 25 | — | $0.05 | ||
| Q3 25 | — | $0.00 | ||
| Q2 25 | — | $-0.08 | ||
| Q1 25 | — | $-0.10 | ||
| Q4 24 | — | $-0.13 | ||
| Q3 24 | — | $-0.45 | ||
| Q2 24 | — | $-0.23 | ||
| Q1 24 | — | $-0.23 |
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 | $30.8M | $37.8M |
| 总债务越低越好 | — | $174.2M |
| 股东权益账面价值 | $-30.7M | $18.4M |
| 总资产 | $1.2B | $292.4M |
| 负债/权益比越低杠杆越低 | — | 9.48× |
8季度趋势，按日历期对齐
现金及短期投资CLPRPLBY
| Q4 25 | $30.8M | $37.8M | ||
| Q3 25 | $26.1M | $27.5M | ||
| Q2 25 | $32.0M | $19.6M | ||
| Q1 25 | $21.3M | $23.7M | ||
| Q4 24 | $19.9M | $30.9M | ||
| Q3 24 | $18.6M | $9.5M | ||
| Q2 24 | $20.3M | $16.9M | ||
| Q1 24 | $21.9M | $19.0M |
总债务CLPRPLBY
| Q4 25 | — | $174.2M | ||
| Q3 25 | — | $176.8M | ||
| Q2 25 | — | $177.5M | ||
| Q1 25 | $1.3B | $176.3M | ||
| Q4 24 | $1.3B | $176.6M | ||
| Q3 24 | $1.3B | $200.0M | ||
| Q2 24 | $1.2B | $196.3M | ||
| Q1 24 | $1.2B | $193.4M |
股东权益CLPRPLBY
| Q4 25 | $-30.7M | $18.4M | ||
| Q3 25 | $-25.0M | $3.8M | ||
| Q2 25 | $-21.9M | $-17.5M | ||
| Q1 25 | $-20.1M | $-11.4M | ||
| Q4 24 | $-5.4M | $-7.7M | ||
| Q3 24 | $-3.6M | $-15.7M | ||
| Q2 24 | $-1.8M | $15.7M | ||
| Q1 24 | $279.0K | $29.5M |
总资产CLPRPLBY
| Q4 25 | $1.2B | $292.4M | ||
| Q3 25 | $1.2B | $278.3M | ||
| Q2 25 | $1.2B | $264.1M | ||
| Q1 25 | $1.3B | $270.6M | ||
| Q4 24 | $1.3B | $284.7M | ||
| Q3 24 | $1.3B | $271.5M | ||
| Q2 24 | $1.3B | $301.8M | ||
| Q1 24 | $1.3B | $309.1M |
负债/权益比CLPRPLBY
| Q4 25 | — | 9.48× | ||
| Q3 25 | — | 46.86× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 12.51× | ||
| Q1 24 | 4396.73× | 6.54× |
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 | $22.6M | $1.4M |
| 自由现金流经营现金流 - 资本支出 | — | $1.1M |
| 自由现金流率自由现金流/营收 | — | 3.2% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | — | 0.39× |
| 过去12个月自由现金流最近4个季度 | — | $-1.0M |
8季度趋势，按日历期对齐
经营现金流CLPRPLBY
| Q4 25 | $22.6M | $1.4M | ||
| Q3 25 | $1.4M | $10.1M | ||
| Q2 25 | $8.4M | $-3.9M | ||
| Q1 25 | $6.7M | $-7.6M | ||
| Q4 24 | $31.9M | $161.0K | ||
| Q3 24 | $6.3M | $-6.5M | ||
| Q2 24 | $8.8M | $-3.0M | ||
| Q1 24 | $6.3M | $-9.8M |
自由现金流CLPRPLBY
| Q4 25 | — | $1.1M | ||
| Q3 25 | — | $9.8M | ||
| Q2 25 | — | $-4.3M | ||
| Q1 25 | $-4.6M | $-7.7M | ||
| Q4 24 | $-37.9M | $-401.0K | ||
| Q3 24 | — | $-7.0M | ||
| Q2 24 | — | $-3.7M | ||
| Q1 24 | $-14.7M | $-10.3M |
自由现金流率CLPRPLBY
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 33.8% | ||
| Q2 25 | — | -15.2% | ||
| Q1 25 | -11.7% | -26.5% | ||
| Q4 24 | -99.5% | -1.2% | ||
| Q3 24 | — | -23.7% | ||
| Q2 24 | — | -14.8% | ||
| Q1 24 | -41.1% | -36.5% |
资本支出强度CLPRPLBY
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | 28.6% | 0.1% | ||
| Q4 24 | 183.3% | 1.7% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 2.6% | ||
| Q1 24 | 58.6% | 2.1% |
现金转化率CLPRPLBY
| Q4 25 | — | 0.39× | ||
| Q3 25 | — | 22.02× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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
CLPR
| Residential Segment | $30.8M | 83% |
| Commercial Real Estate | $6.2M | 17% |
PLBY
| Transferred At Point In Time | $22.2M | 64% |
| Trademark Licensing | $6.5M | 19% |
| Related Party | $5.0M | 14% |
| Other | $1.1M | 3% |
