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AMERICAS CARMART INC（CRMT）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
世纪互联的季度营收约是AMERICAS CARMART INC的1.3倍（$362.7M vs $286.3M），AMERICAS CARMART INC净利率更高（-7.8% vs -10.7%，领先2.8%），AMERICAS CARMART INC自由现金流更多（$8.3M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 9.1%）
Americas CarMart Inc是美国专业汽车零售商，主要销售二手车，为信用记录有限或信用不佳的客户提供定制化内部融资方案，其线下门店网络集中在美国南部和中西部地区，服务购车市场中需求未被充分覆盖的消费群体。
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。
CRMT vs VNET — 直观对比
营收规模更大
VNET
是对方的1.3倍
$286.3M
净利率更高
CRMT
高出2.8%
-10.7%
自由现金流更多
CRMT
多$201.4M
$-193.1M
两年增速更快
VNET
近两年复合增速
9.1%
损益表 — Q2 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $286.3M | $362.7M |
| 净利润 | $-22.5M | $-38.7M |
| 毛利率 | 37.5% | 20.9% |
| 营业利润率 | -9.6% | 0.5% |
| 净利率 | -7.8% | -10.7% |
| 营收同比 | 0.2% | — |
| 净利润同比 | -540.7% | — |
| 每股收益（稀释后） | $-2.71 | — |
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CRMTVNET
| Q4 25 | $286.3M | — | ||
| Q3 25 | $276.2M | $362.7M | ||
| Q2 25 | $309.7M | — | ||
| Q1 25 | $263.5M | $309.5M | ||
| Q4 24 | $285.8M | — | ||
| Q3 24 | $287.2M | $302.2M | ||
| Q2 24 | $309.7M | $274.4M | ||
| Q1 24 | $240.4M | $262.9M |
净利润CRMTVNET
| Q4 25 | $-22.5M | — | ||
| Q3 25 | $-5.7M | $-38.7M | ||
| Q2 25 | $10.6M | — | ||
| Q1 25 | $3.2M | $-2.4M | ||
| Q4 24 | $5.1M | — | ||
| Q3 24 | $-964.0K | $-2.1M | ||
| Q2 24 | $426.0K | $-1.1M | ||
| Q1 24 | $-8.5M | $-22.0M |
毛利率CRMTVNET
| Q4 25 | 37.5% | — | ||
| Q3 25 | 36.6% | 20.9% | ||
| Q2 25 | 36.4% | — | ||
| Q1 25 | 35.7% | 25.2% | ||
| Q4 24 | 39.4% | — | ||
| Q3 24 | 35.0% | 23.2% | ||
| Q2 24 | 35.1% | 21.3% | ||
| Q1 24 | 34.2% | 21.6% |
营业利润率CRMTVNET
| Q4 25 | -9.6% | — | ||
| Q3 25 | -2.7% | 0.5% | ||
| Q2 25 | 4.0% | — | ||
| Q1 25 | 1.7% | 0.1% | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | -0.4% | 24.5% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | -4.3% | 0.2% |
净利率CRMTVNET
| Q4 25 | -7.8% | — | ||
| Q3 25 | -2.1% | -10.7% | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 1.2% | -0.8% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | -0.3% | -0.7% | ||
| Q2 24 | 0.1% | -0.4% | ||
| Q1 24 | -3.6% | -8.4% |
每股收益（稀释后）CRMTVNET
| Q4 25 | $-2.71 | — | ||
| Q3 25 | $-0.69 | — | ||
| Q2 25 | $1.50 | — | ||
| Q1 25 | $0.37 | — | ||
| Q4 24 | $0.61 | — | ||
| Q3 24 | $-0.15 | — | ||
| Q2 24 | $0.09 | — | ||
| Q1 24 | $-1.34 | — |
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 | $122.4M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $555.0M | $890.8M |
| 总资产 | $1.7B | $6.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CRMTVNET
| Q4 25 | $122.4M | — | ||
| Q3 25 | $9.7M | $492.1M | ||
| Q2 25 | $9.8M | — | ||
| Q1 25 | $8.5M | $544.3M | ||
| Q4 24 | $8.0M | — | ||
| Q3 24 | $4.7M | $219.5M | ||
| Q2 24 | $5.5M | $247.2M | ||
| Q1 24 | $4.2M | $246.9M |
总债务CRMTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CRMTVNET
| Q4 25 | $555.0M | — | ||
| Q3 25 | $564.8M | $890.8M | ||
| Q2 25 | $569.4M | — | ||
| Q1 25 | $557.8M | $927.8M | ||
| Q4 24 | $553.6M | — | ||
| Q3 24 | $471.1M | $902.9M | ||
| Q2 24 | $470.6M | $900.6M | ||
| Q1 24 | $468.9M | $895.1M |
总资产CRMTVNET
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.6B | $6.1B | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | $5.4B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | $4.3B | ||
| Q2 24 | $1.5B | $4.0B | ||
| Q1 24 | $1.5B | $3.9B |
负债/权益比CRMTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $9.1M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $8.3M | $-193.1M |
| 自由现金流率自由现金流/营收 | 2.9% | -53.2% |
| 资本支出强度资本支出/营收 | 0.3% | 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 | $-11.2M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流CRMTVNET
| Q4 25 | $9.1M | — | ||
| Q3 25 | $-5.9M | $113.8M | ||
| Q2 25 | $19.2M | — | ||
| Q1 25 | $-30.8M | $27.0M | ||
| Q4 24 | $-22.2M | — | ||
| Q3 24 | $-15.0M | $108.3M | ||
| Q2 24 | $-10.7M | $55.8M | ||
| Q1 24 | $13.0M | $37.1M |
自由现金流CRMTVNET
| Q4 25 | $8.3M | — | ||
| Q3 25 | $-6.4M | $-193.1M | ||
| Q2 25 | $18.4M | — | ||
| Q1 25 | $-31.5M | $-220.0M | ||
| Q4 24 | $-23.6M | — | ||
| Q3 24 | $-16.0M | $-95.0M | ||
| Q2 24 | $-12.0M | $-81.6M | ||
| Q1 24 | $10.2M | $-102.2M |
自由现金流率CRMTVNET
| Q4 25 | 2.9% | — | ||
| Q3 25 | -2.3% | -53.2% | ||
| Q2 25 | 5.9% | — | ||
| Q1 25 | -12.0% | -71.1% | ||
| Q4 24 | -8.3% | — | ||
| Q3 24 | -5.6% | -31.4% | ||
| Q2 24 | -3.9% | -29.8% | ||
| Q1 24 | 4.3% | -38.9% |
资本支出强度CRMTVNET
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.2% | 84.6% | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.3% | 79.8% | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.3% | 67.3% | ||
| Q2 24 | 0.4% | 50.1% | ||
| Q1 24 | 1.1% | 53.0% |
现金转化率CRMTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.81× | — | ||
| Q1 25 | -9.73× | — | ||
| Q4 24 | -4.36× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -25.18× | — | ||
| 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
CRMT
| Sales Used Autos | $241.4M | 84% |
| Service Contract Sales | $23.6M | 8% |
| Wholesales Third Party | $12.6M | 4% |
| Payment Protection Plan Revenue | $8.7M | 3% |
VNET
暂无分部数据
