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CNA FINANCIAL CORP（CNA）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
CNA FINANCIAL CORP的季度营收约是世纪互联的1.1倍（$389.0M vs $362.7M），CNA FINANCIAL CORP净利率更高（77.6% vs -10.7%，领先88.3%），CNA FINANCIAL CORP自由现金流更多（$542.0M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs -2.2%）
CNA金融公司是总部位于美国伊利诺伊州芝加哥的金融企业，旗下核心子公司大陆意外伤害保险公司成立于1897年，大陆保险公司的历史则可追溯至1853年，当前母公司CNA于1967年正式注册成立，在保险及金融服务领域拥有深厚的行业积淀。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
CNA vs VNET — 直观对比
营收规模更大
CNA
是对方的1.1倍
$362.7M
净利率更高
CNA
高出88.3%
-10.7%
自由现金流更多
CNA
多$735.1M
$-193.1M
两年增速更快
VNET
近两年复合增速
-2.2%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $389.0M | $362.7M |
| 净利润 | $302.0M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 97.2% | 0.5% |
| 净利率 | 77.6% | -10.7% |
| 营收同比 | -2.0% | — |
| 净利润同比 | 1338.1% | — |
| 每股收益（稀释后） | $1.11 | — |
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CNAVNET
| Q4 25 | $389.0M | — | ||
| Q3 25 | $393.0M | $362.7M | ||
| Q2 25 | $398.0M | — | ||
| Q1 25 | $397.0M | $309.5M | ||
| Q4 24 | $397.0M | — | ||
| Q3 24 | $401.0M | $302.2M | ||
| Q2 24 | $404.0M | $274.4M | ||
| Q1 24 | $407.0M | $262.9M |
净利润CNAVNET
| Q4 25 | $302.0M | — | ||
| Q3 25 | $403.0M | $-38.7M | ||
| Q2 25 | $299.0M | — | ||
| Q1 25 | $274.0M | $-2.4M | ||
| Q4 24 | $21.0M | — | ||
| Q3 24 | $283.0M | $-2.1M | ||
| Q2 24 | $317.0M | $-1.1M | ||
| Q1 24 | $338.0M | $-22.0M |
毛利率CNAVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% |
营业利润率CNAVNET
| Q4 25 | 97.2% | — | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | 95.5% | — | ||
| Q1 25 | 87.9% | 0.1% | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 90.0% | 24.5% | ||
| Q2 24 | 99.5% | 0.2% | ||
| Q1 24 | — | 0.2% |
净利率CNAVNET
| Q4 25 | 77.6% | — | ||
| Q3 25 | 102.5% | -10.7% | ||
| Q2 25 | 75.1% | — | ||
| Q1 25 | 69.0% | -0.8% | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 70.6% | -0.7% | ||
| Q2 24 | 78.5% | -0.4% | ||
| Q1 24 | 83.0% | -8.4% |
每股收益（稀释后）CNAVNET
| Q4 25 | $1.11 | — | ||
| Q3 25 | $1.48 | — | ||
| Q2 25 | $1.10 | — | ||
| Q1 25 | $1.00 | — | ||
| Q4 24 | $0.07 | — | ||
| Q3 24 | $1.04 | — | ||
| Q2 24 | $1.17 | — | ||
| Q1 24 | $1.24 | — |
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 | — | $492.1M |
| 总债务越低越好 | $3.0B | — |
| 股东权益账面价值 | $11.6B | $890.8M |
| 总资产 | $69.4B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.26× | — |
8季度趋势，按日历期对齐
现金及短期投资CNAVNET
| Q4 25 | — | — | ||
| Q3 25 | — | $492.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $544.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $219.5M | ||
| Q2 24 | — | $247.2M | ||
| Q1 24 | — | $246.9M |
总债务CNAVNET
| Q4 25 | $3.0B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CNAVNET
| Q4 25 | $11.6B | — | ||
| Q3 25 | $11.3B | $890.8M | ||
| Q2 25 | $10.7B | — | ||
| Q1 25 | $10.3B | $927.8M | ||
| Q4 24 | $10.5B | — | ||
| Q3 24 | $10.8B | $902.9M | ||
| Q2 24 | $9.9B | $900.6M | ||
| Q1 24 | $9.7B | $895.1M |
总资产CNAVNET
| Q4 25 | $69.4B | — | ||
| Q3 25 | $69.8B | $6.1B | ||
| Q2 25 | $68.9B | — | ||
| Q1 25 | $67.3B | $5.4B | ||
| Q4 24 | $66.5B | — | ||
| Q3 24 | $67.4B | $4.3B | ||
| Q2 24 | $65.2B | $4.0B | ||
| Q1 24 | $65.1B | $3.9B |
负债/权益比CNAVNET
| Q4 25 | 0.26× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.28× | — | ||
| Q3 24 | — | 1.28× | ||
| 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 | $570.0M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $542.0M | $-193.1M |
| 自由现金流率自由现金流/营收 | 139.3% | -53.2% |
| 资本支出强度资本支出/营收 | 7.2% | 84.6% |
| 现金转化率经营现金流/净利润 | 1.89× | — |
| 过去12个月自由现金流最近4个季度 | $2.4B | $-589.7M |
8季度趋势，按日历期对齐
经营现金流CNAVNET
| Q4 25 | $570.0M | — | ||
| Q3 25 | $720.0M | $113.8M | ||
| Q2 25 | $562.0M | — | ||
| Q1 25 | $638.0M | $27.0M | ||
| Q4 24 | $703.0M | — | ||
| Q3 24 | $748.0M | $108.3M | ||
| Q2 24 | $616.0M | $55.8M | ||
| Q1 24 | $504.0M | $37.1M |
自由现金流CNAVNET
| Q4 25 | $542.0M | — | ||
| Q3 25 | $704.0M | $-193.1M | ||
| Q2 25 | $538.0M | — | ||
| Q1 25 | $620.0M | $-220.0M | ||
| Q4 24 | $665.0M | — | ||
| Q3 24 | $730.0M | $-95.0M | ||
| Q2 24 | $597.0M | $-81.6M | ||
| Q1 24 | $484.0M | $-102.2M |
自由现金流率CNAVNET
| Q4 25 | 139.3% | — | ||
| Q3 25 | 179.1% | -53.2% | ||
| Q2 25 | 135.2% | — | ||
| Q1 25 | 156.2% | -71.1% | ||
| Q4 24 | 167.5% | — | ||
| Q3 24 | 182.0% | -31.4% | ||
| Q2 24 | 147.8% | -29.8% | ||
| Q1 24 | 118.9% | -38.9% |
资本支出强度CNAVNET
| Q4 25 | 7.2% | — | ||
| Q3 25 | 4.1% | 84.6% | ||
| Q2 25 | 6.0% | — | ||
| Q1 25 | 4.5% | 79.8% | ||
| Q4 24 | 9.6% | — | ||
| Q3 24 | 4.5% | 67.3% | ||
| Q2 24 | 4.7% | 50.1% | ||
| Q1 24 | 4.9% | 53.0% |
现金转化率CNAVNET
| Q4 25 | 1.89× | — | ||
| Q3 25 | 1.79× | — | ||
| Q2 25 | 1.88× | — | ||
| Q1 25 | 2.33× | — | ||
| Q4 24 | 33.48× | — | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | 1.94× | — | ||
| Q1 24 | 1.49× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
