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ZW Data Action Technologies Inc.（CNET）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
Snap Inc的季度营收约是ZW Data Action Technologies Inc.的2462.6倍（$1.7B vs $697.0K）。Snap Inc净利率更高（2.6% vs -70.9%，领先73.5%）。Snap Inc同比增速更快（10.2% vs -69.0%）。过去两年Snap Inc的营收复合增速更高（19.9% vs -55.6%）
ZW Data Action Technologies Inc.（股票代码CNET）是一家中国本土科技企业，专注为电商、消费品、互联网服务等多个领域的企业客户提供整合数字营销解决方案、大数据分析服务及智能运营工具，助力客户优化获客效率，提升运营水平，推进数字化转型。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
CNET vs SNAP — 直观对比
营收规模更大
SNAP
是对方的2462.6倍
$697.0K
营收增速更快
SNAP
高出79.2%
-69.0%
净利率更高
SNAP
高出73.5%
-70.9%
两年增速更快
SNAP
近两年复合增速
-55.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $697.0K | $1.7B |
| 净利润 | $-494.0K | $45.2M |
| 毛利率 | 6.9% | 59.1% |
| 营业利润率 | -77.3% | 2.9% |
| 净利率 | -70.9% | 2.6% |
| 营收同比 | -69.0% | 10.2% |
| 净利润同比 | 36.7% | 396.7% |
| 每股收益（稀释后） | — | $0.03 |
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CNETSNAP
| Q4 25 | $697.0K | $1.7B | ||
| Q3 25 | $1.7M | $1.5B | ||
| Q2 25 | $548.0K | $1.3B | ||
| Q1 25 | $1.7M | $1.4B | ||
| Q4 24 | $2.2M | $1.6B | ||
| Q3 24 | $3.2M | $1.4B | ||
| Q2 24 | $6.4M | $1.2B | ||
| Q1 24 | $3.5M | $1.2B |
净利润CNETSNAP
| Q4 25 | $-494.0K | $45.2M | ||
| Q3 25 | $-108.0K | $-103.5M | ||
| Q2 25 | $-637.0K | $-262.6M | ||
| Q1 25 | $-531.0K | $-139.6M | ||
| Q4 24 | $-781.0K | $9.1M | ||
| Q3 24 | $-1.9M | $-153.2M | ||
| Q2 24 | $-216.0K | $-248.6M | ||
| Q1 24 | $-850.0K | $-305.1M |
毛利率CNETSNAP
| Q4 25 | 6.9% | 59.1% | ||
| Q3 25 | 5.7% | 55.3% | ||
| Q2 25 | 8.6% | 51.4% | ||
| Q1 25 | 9.7% | 53.1% | ||
| Q4 24 | -0.4% | 56.9% | ||
| Q3 24 | 1.7% | 53.5% | ||
| Q2 24 | 5.1% | 52.4% | ||
| Q1 24 | 2.0% | 51.9% |
营业利润率CNETSNAP
| Q4 25 | -77.3% | 2.9% | ||
| Q3 25 | -8.9% | -8.5% | ||
| Q2 25 | -124.5% | -19.3% | ||
| Q1 25 | -35.0% | -14.2% | ||
| Q4 24 | -24.1% | -1.7% | ||
| Q3 24 | -61.5% | -12.6% | ||
| Q2 24 | -4.7% | -20.5% | ||
| Q1 24 | -26.1% | -27.9% |
净利率CNETSNAP
| Q4 25 | -70.9% | 2.6% | ||
| Q3 25 | -6.3% | -6.9% | ||
| Q2 25 | -116.2% | -19.5% | ||
| Q1 25 | -32.1% | -10.2% | ||
| Q4 24 | -34.7% | 0.6% | ||
| Q3 24 | -59.1% | -11.2% | ||
| Q2 24 | -3.4% | -20.1% | ||
| Q1 24 | -24.1% | -25.5% |
每股收益（稀释后）CNETSNAP
| Q4 25 | — | $0.03 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | $-0.16 | ||
| Q1 25 | — | $-0.08 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | — | $-0.09 | ||
| Q2 24 | — | $-0.15 | ||
| Q1 24 | — | $-0.19 |
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 | $970.0K | $2.9B |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $4.3M | $2.3B |
| 总资产 | $9.7M | $7.7B |
| 负债/权益比越低杠杆越低 | — | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资CNETSNAP
| Q4 25 | $970.0K | $2.9B | ||
| Q3 25 | $1.8M | $3.0B | ||
| Q2 25 | $1.7M | $2.9B | ||
| Q1 25 | $807.0K | $3.2B | ||
| Q4 24 | $812.0K | $3.4B | ||
| Q3 24 | $1.1M | $3.2B | ||
| Q2 24 | $510.0K | $3.1B | ||
| Q1 24 | $467.0K | $2.9B |
总债务CNETSNAP
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B | ||
| Q1 24 | — | $3.3B |
股东权益CNETSNAP
| Q4 25 | $4.3M | $2.3B | ||
| Q3 25 | $3.3M | $2.2B | ||
| Q2 25 | $3.5M | $2.1B | ||
| Q1 25 | $3.1M | $2.3B | ||
| Q4 24 | $3.7M | $2.5B | ||
| Q3 24 | $4.8M | $2.2B | ||
| Q2 24 | $5.2M | $2.1B | ||
| Q1 24 | $5.4M | $2.1B |
总资产CNETSNAP
| Q4 25 | $9.7M | $7.7B | ||
| Q3 25 | $9.7M | $7.6B | ||
| Q2 25 | $9.2M | $7.4B | ||
| Q1 25 | $9.5M | $7.6B | ||
| Q4 24 | $9.7M | $7.9B | ||
| Q3 24 | $11.0M | $7.6B | ||
| Q2 24 | $10.8M | $7.4B | ||
| Q1 24 | $11.4M | $7.2B |
负债/权益比CNETSNAP
| Q4 25 | — | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× | ||
| Q1 24 | — | 1.55× |
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 | $-148.0K | $269.6M |
| 自由现金流经营现金流 - 资本支出 | — | $205.6M |
| 自由现金流率自由现金流/营收 | — | 12.0% |
| 资本支出强度资本支出/营收 | 0.0% | 3.7% |
| 现金转化率经营现金流/净利润 | — | 5.96× |
| 过去12个月自由现金流最近4个季度 | — | $437.2M |
8季度趋势，按日历期对齐
经营现金流CNETSNAP
| Q4 25 | $-148.0K | $269.6M | ||
| Q3 25 | $-482.0K | $146.5M | ||
| Q2 25 | $685.0K | $88.5M | ||
| Q1 25 | $-984.0K | $151.6M | ||
| Q4 24 | $-830.0K | $230.6M | ||
| Q3 24 | $-198.0K | $115.9M | ||
| Q2 24 | $-677.0K | $-21.4M | ||
| Q1 24 | $-353.0K | $88.4M |
自由现金流CNETSNAP
| Q4 25 | — | $205.6M | ||
| Q3 25 | — | $93.4M | ||
| Q2 25 | $657.0K | $23.8M | ||
| Q1 25 | $-1.0M | $114.4M | ||
| Q4 24 | — | $182.4M | ||
| Q3 24 | — | $71.8M | ||
| Q2 24 | — | $-73.4M | ||
| Q1 24 | — | $37.9M |
自由现金流率CNETSNAP
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 6.2% | ||
| Q2 25 | 119.9% | 1.8% | ||
| Q1 25 | -61.8% | 8.4% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | -5.9% | ||
| Q1 24 | — | 3.2% |
资本支出强度CNETSNAP
| Q4 25 | 0.0% | 3.7% | ||
| Q3 25 | 0.0% | 3.5% | ||
| Q2 25 | 5.1% | 4.8% | ||
| Q1 25 | 2.2% | 2.7% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | 0.0% | 3.2% | ||
| Q2 24 | — | 4.2% | ||
| Q1 24 | — | 4.2% |
现金转化率CNETSNAP
| Q4 25 | — | 5.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 25.34× | ||
| 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
CNET
暂无分部数据
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |
