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科睿唯安（CLVT）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科睿唯安的2.5倍（$1.5B vs $617.0M）。欢聚集团净利率更高（10.4% vs 0.5%，领先9.9%）。过去两年欢聚集团的营收复合增速更高（16.8% vs -0.3%）
科睿唯安是一家英美合资的上市分析服务企业，主要提供订阅制信息服务，覆盖文献计量、科学计量、商业与市场情报领域，同时为医药、生物科技行业提供专利、监管合规相关的竞争分析，也提供商标保护、域名与品牌保护服务，旗下Web of Science产品系列还负责计算学术期刊的影响因子。
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。
CLVT vs JOYY — 直观对比
营收规模更大
JOYY
是对方的2.5倍
$617.0M
净利率更高
JOYY
高出9.9%
0.5%
两年增速更快
JOYY
近两年复合增速
-0.3%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $617.0M | $1.5B |
| 净利润 | $3.1M | $160.1M |
| 毛利率 | 66.8% | 36.1% |
| 营业利润率 | 6.7% | 2.4% |
| 净利率 | 0.5% | 10.4% |
| 营收同比 | -6.9% | — |
| 净利润同比 | 101.6% | — |
| 每股收益（稀释后） | $0.00 | — |
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CLVTJOYY
| Q4 25 | $617.0M | — | ||
| Q3 25 | $623.1M | $1.5B | ||
| Q2 25 | $621.4M | $1.0B | ||
| Q1 25 | $593.7M | $494.4M | ||
| Q4 24 | $663.0M | — | ||
| Q3 24 | $622.2M | $1.7B | ||
| Q2 24 | $650.3M | $1.1B | ||
| Q1 24 | $621.2M | $564.6M |
净利润CLVTJOYY
| Q4 25 | $3.1M | — | ||
| Q3 25 | $-28.3M | $160.1M | ||
| Q2 25 | $-72.0M | $100.9M | ||
| Q1 25 | $-103.9M | $42.9M | ||
| Q4 24 | $-191.8M | — | ||
| Q3 24 | $-65.6M | $143.9M | ||
| Q2 24 | $-304.3M | $87.9M | ||
| Q1 24 | $-75.0M | $40.2M |
毛利率CLVTJOYY
| Q4 25 | 66.8% | — | ||
| Q3 25 | 65.0% | 36.1% | ||
| Q2 25 | 67.2% | 36.3% | ||
| Q1 25 | 65.1% | 36.1% | ||
| Q4 24 | 65.7% | — | ||
| Q3 24 | 66.2% | 35.7% | ||
| Q2 24 | 67.2% | 34.9% | ||
| Q1 24 | 64.9% | 34.6% |
营业利润率CLVTJOYY
| Q4 25 | 6.7% | — | ||
| Q3 25 | 7.1% | 2.4% | ||
| Q2 25 | 1.1% | 1.8% | ||
| Q1 25 | -3.5% | 2.5% | ||
| Q4 24 | -9.4% | — | ||
| Q3 24 | 3.5% | 1.3% | ||
| Q2 24 | -36.9% | 0.5% | ||
| Q1 24 | 0.8% | 0.6% |
净利率CLVTJOYY
| Q4 25 | 0.5% | — | ||
| Q3 25 | -4.5% | 10.4% | ||
| Q2 25 | -11.6% | 10.1% | ||
| Q1 25 | -17.5% | 8.7% | ||
| Q4 24 | -28.9% | — | ||
| Q3 24 | -10.5% | 8.5% | ||
| Q2 24 | -46.8% | 7.8% | ||
| Q1 24 | -12.1% | 7.1% |
每股收益（稀释后）CLVTJOYY
| Q4 25 | $0.00 | — | ||
| Q3 25 | $-0.04 | — | ||
| Q2 25 | $-0.11 | — | ||
| Q1 25 | $-0.15 | — | ||
| Q4 24 | $-0.27 | — | ||
| Q3 24 | $-0.09 | — | ||
| Q2 24 | $-0.46 | — | ||
| Q1 24 | $-0.14 | — |
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 | $329.2M | $383.8M |
| 总债务越低越好 | $4.3B | — |
| 股东权益账面价值 | $4.8B | $6.6B |
| 总资产 | $11.1B | $7.5B |
| 负债/权益比越低杠杆越低 | 0.89× | — |
8季度趋势，按日历期对齐
现金及短期投资CLVTJOYY
| Q4 25 | $329.2M | — | ||
| Q3 25 | $318.7M | $383.8M | ||
| Q2 25 | $362.6M | $401.0M | ||
| Q1 25 | $354.0M | $801.5M | ||
| Q4 24 | $295.2M | — | ||
| Q3 24 | $388.5M | $481.8M | ||
| Q2 24 | $376.4M | $607.1M | ||
| Q1 24 | $361.8M | $728.2M |
总债务CLVTJOYY
| Q4 25 | $4.3B | — | ||
| Q3 25 | $4.4B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $4.6B | — | ||
| Q1 24 | $4.6B | — |
股东权益CLVTJOYY
| Q4 25 | $4.8B | — | ||
| Q3 25 | $4.9B | $6.6B | ||
| Q2 25 | $5.0B | $6.6B | ||
| Q1 25 | $5.0B | $6.6B | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.5B | $5.3B | ||
| Q2 24 | $5.6B | $5.3B | ||
| Q1 24 | $5.9B | $5.3B |
总资产CLVTJOYY
| Q4 25 | $11.1B | — | ||
| Q3 25 | $11.2B | $7.5B | ||
| Q2 25 | $11.4B | $7.5B | ||
| Q1 25 | $11.5B | $7.6B | ||
| Q4 24 | $11.5B | — | ||
| Q3 24 | $12.0B | $8.1B | ||
| Q2 24 | $12.1B | $8.1B | ||
| Q1 24 | $12.5B | $8.6B |
负债/权益比CLVTJOYY
| Q4 25 | 0.89× | — | ||
| Q3 25 | 0.90× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | 0.88× | — | ||
| Q3 24 | 0.84× | — | ||
| Q2 24 | 0.83× | — | ||
| Q1 24 | 0.79× | — |
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 | $159.9M | — |
| 自由现金流经营现金流 - 资本支出 | $89.2M | — |
| 自由现金流率自由现金流/营收 | 14.5% | — |
| 资本支出强度资本支出/营收 | 11.5% | — |
| 现金转化率经营现金流/净利润 | 51.58× | — |
| 过去12个月自由现金流最近4个季度 | $365.3M | — |
8季度趋势，按日历期对齐
经营现金流CLVTJOYY
| Q4 25 | $159.9M | — | ||
| Q3 25 | $181.1M | — | ||
| Q2 25 | $116.3M | — | ||
| Q1 25 | $171.2M | — | ||
| Q4 24 | $141.3M | — | ||
| Q3 24 | $202.9M | — | ||
| Q2 24 | $126.2M | — | ||
| Q1 24 | $176.2M | — |
自由现金流CLVTJOYY
| Q4 25 | $89.2M | — | ||
| Q3 25 | $115.5M | — | ||
| Q2 25 | $50.3M | — | ||
| Q1 25 | $110.3M | — | ||
| Q4 24 | $59.1M | — | ||
| Q3 24 | $126.3M | — | ||
| Q2 24 | $60.3M | — | ||
| Q1 24 | $111.8M | — |
自由现金流率CLVTJOYY
| Q4 25 | 14.5% | — | ||
| Q3 25 | 18.5% | — | ||
| Q2 25 | 8.1% | — | ||
| Q1 25 | 18.6% | — | ||
| Q4 24 | 8.9% | — | ||
| Q3 24 | 20.3% | — | ||
| Q2 24 | 9.3% | — | ||
| Q1 24 | 18.0% | — |
资本支出强度CLVTJOYY
| Q4 25 | 11.5% | — | ||
| Q3 25 | 10.5% | — | ||
| Q2 25 | 10.6% | — | ||
| Q1 25 | 10.3% | — | ||
| Q4 24 | 12.4% | — | ||
| Q3 24 | 12.3% | — | ||
| Q2 24 | 10.1% | — | ||
| Q1 24 | 10.4% | — |
现金转化率CLVTJOYY
| Q4 25 | 51.58× | — | ||
| Q3 25 | — | — | ||
| 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
CLVT
| Academia Government Group | $312.3M | 51% |
| Re Occurring Revenues | $114.1M | 18% |
| Life Sciences And Healthcare Group | $98.3M | 16% |
| Transactional Revenues | $97.1M | 16% |
JOYY
| Live streaming | $1.1B | 74% |
| Advertising | $297.3M | 19% |
| Others | $109.8M | 7% |
