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克瑞（CR）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
克瑞的季度营收约是世纪互联的1.9倍（$696.4M vs $362.7M），克瑞净利率更高（9.6% vs -10.7%，领先20.3%），克瑞自由现金流更多（$-40.2M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 14.8%）
克瑞是总部位于美国康涅狄格州斯坦福德的工业产品企业，1855年由理查德·泰勒·克兰创立。公司曾是美国领先卫浴配件制造商，1990年出售该业务板块，1960年起逐步转型为多元化控股集团，当前核心业务涵盖航空航天与电子、工程材料、流体处理、控制系统四大板块，服务化工等多个行业领域。
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。
CR vs VNET — 直观对比
营收规模更大
CR
是对方的1.9倍
$362.7M
净利率更高
CR
高出20.3%
-10.7%
自由现金流更多
CR
多$152.9M
$-193.1M
两年增速更快
VNET
近两年复合增速
14.8%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $696.4M | $362.7M |
| 净利润 | $67.1M | $-38.7M |
| 毛利率 | 40.4% | 20.9% |
| 营业利润率 | 14.4% | 0.5% |
| 净利率 | 9.6% | -10.7% |
| 营收同比 | 24.9% | — |
| 净利润同比 | -37.3% | — |
| 每股收益（稀释后） | — | — |
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CRVNET
| Q1 26 | $696.4M | — | ||
| Q4 25 | $581.0M | — | ||
| Q3 25 | $589.2M | $362.7M | ||
| Q2 25 | $577.2M | — | ||
| Q1 25 | $557.6M | $309.5M | ||
| Q4 24 | $544.1M | — | ||
| Q3 24 | $548.3M | $302.2M | ||
| Q2 24 | $528.6M | $274.4M |
净利润CRVNET
| Q1 26 | $67.1M | — | ||
| Q4 25 | $81.7M | — | ||
| Q3 25 | $91.4M | $-38.7M | ||
| Q2 25 | $86.4M | — | ||
| Q1 25 | $107.1M | $-2.4M | ||
| Q4 24 | $81.0M | — | ||
| Q3 24 | $77.3M | $-2.1M | ||
| Q2 24 | $71.6M | $-1.1M |
毛利率CRVNET
| Q1 26 | 40.4% | — | ||
| Q4 25 | 41.6% | — | ||
| Q3 25 | 42.7% | 20.9% | ||
| Q2 25 | 42.0% | — | ||
| Q1 25 | 42.6% | 25.2% | ||
| Q4 24 | 40.9% | — | ||
| Q3 24 | 41.4% | 23.2% | ||
| Q2 24 | 40.0% | 21.3% |
营业利润率CRVNET
| Q1 26 | 14.4% | — | ||
| Q4 25 | 17.5% | — | ||
| Q3 25 | 20.1% | 0.5% | ||
| Q2 25 | 17.8% | — | ||
| Q1 25 | 18.1% | 0.1% | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 18.1% | 24.5% | ||
| Q2 24 | 16.9% | 0.2% |
净利率CRVNET
| Q1 26 | 9.6% | — | ||
| Q4 25 | 14.1% | — | ||
| Q3 25 | 15.5% | -10.7% | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | 19.2% | -0.8% | ||
| Q4 24 | 14.9% | — | ||
| Q3 24 | 14.1% | -0.7% | ||
| Q2 24 | 13.5% | -0.4% |
每股收益（稀释后）CRVNET
| Q1 26 | — | — | ||
| Q4 25 | $1.40 | — | ||
| Q3 25 | $1.56 | — | ||
| Q2 25 | $1.47 | — | ||
| Q1 25 | $1.83 | — | ||
| Q4 24 | $1.37 | — | ||
| Q3 24 | $1.33 | — | ||
| Q2 24 | $1.23 | — |
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 | $355.4M | $492.1M |
| 总债务越低越好 | $1.2B | — |
| 股东权益账面价值 | $2.1B | $890.8M |
| 总资产 | $4.1B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.57× | — |
8季度趋势，按日历期对齐
现金及短期投资CRVNET
| Q1 26 | $355.4M | — | ||
| Q4 25 | $506.5M | — | ||
| Q3 25 | $388.2M | $492.1M | ||
| Q2 25 | $332.2M | — | ||
| Q1 25 | $435.1M | $544.3M | ||
| Q4 24 | $306.7M | — | ||
| Q3 24 | $258.2M | $219.5M | ||
| Q2 24 | $229.3M | $247.2M |
总债务CRVNET
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $247.0M | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — |
股东权益CRVNET
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.0B | $890.8M | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.8B | $927.8M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.6B | $902.9M | ||
| Q2 24 | $1.5B | $900.6M |
总资产CRVNET
| Q1 26 | $4.1B | — | ||
| Q4 25 | $3.9B | — | ||
| Q3 25 | $2.5B | $6.1B | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | $2.6B | $5.4B | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.7B | $4.3B | ||
| Q2 24 | $2.5B | $4.0B |
负债/权益比CRVNET
| Q1 26 | 0.57× | — | ||
| Q4 25 | 0.56× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.15× | — | ||
| Q3 24 | — | 1.28× | ||
| 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 | — | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-40.2M | $-193.1M |
| 自由现金流率自由现金流/营收 | -5.8% | -53.2% |
| 资本支出强度资本支出/营收 | 1.5% | 84.6% |
| 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 | $361.5M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流CRVNET
| Q1 26 | — | — | ||
| Q4 25 | $205.8M | — | ||
| Q3 25 | $130.2M | $113.8M | ||
| Q2 25 | $105.0M | — | ||
| Q1 25 | $-46.2M | $27.0M | ||
| Q4 24 | $202.0M | — | ||
| Q3 24 | $75.4M | $108.3M | ||
| Q2 24 | $51.3M | $55.8M |
自由现金流CRVNET
| Q1 26 | $-40.2M | — | ||
| Q4 25 | $196.0M | — | ||
| Q3 25 | $116.8M | $-193.1M | ||
| Q2 25 | $88.9M | — | ||
| Q1 25 | $-60.4M | $-220.0M | ||
| Q4 24 | $188.2M | — | ||
| Q3 24 | $67.3M | $-95.0M | ||
| Q2 24 | $44.6M | $-81.6M |
自由现金流率CRVNET
| Q1 26 | -5.8% | — | ||
| Q4 25 | 33.7% | — | ||
| Q3 25 | 19.8% | -53.2% | ||
| Q2 25 | 15.4% | — | ||
| Q1 25 | -10.8% | -71.1% | ||
| Q4 24 | 34.6% | — | ||
| Q3 24 | 12.3% | -31.4% | ||
| Q2 24 | 8.4% | -29.8% |
资本支出强度CRVNET
| Q1 26 | 1.5% | — | ||
| Q4 25 | 1.7% | — | ||
| Q3 25 | 2.3% | 84.6% | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 2.5% | 79.8% | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 1.5% | 67.3% | ||
| Q2 24 | 1.3% | 50.1% |
现金转化率CRVNET
| Q1 26 | — | — | ||
| Q4 25 | 2.52× | — | ||
| Q3 25 | 1.42× | — | ||
| Q2 25 | 1.22× | — | ||
| Q1 25 | -0.43× | — | ||
| Q4 24 | 2.49× | — | ||
| Q3 24 | 0.98× | — | ||
| Q2 24 | 0.72× | — |
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
CR
| Process Flow Technologies | $378.1M | 54% |
| Aerospace & Advanced Technologies | $318.3M | 46% |
VNET
暂无分部数据
