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Criteo S.A.（CRTO）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
Criteo S.A.的季度营收约是世纪互联的1.3倍（$482.7M vs $362.7M），Criteo S.A.净利率更高（4.4% vs -10.7%，领先15.1%），Criteo S.A.自由现金流更多（$-36.6M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 1.4%）
Criteo S.A.是一家总部位于法国巴黎的广告服务商，专注于为客户提供在线展示广告服务，帮助品牌与媒体触达目标受众，是全球互联网广告领域的知名企业，深耕效果营销领域多年，服务众多跨境与本土客户。
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。
CRTO vs VNET — 直观对比
营收规模更大
CRTO
是对方的1.3倍
$362.7M
净利率更高
CRTO
高出15.1%
-10.7%
自由现金流更多
CRTO
多$156.4M
$-193.1M
两年增速更快
VNET
近两年复合增速
1.4%
损益表 — Q2 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $482.7M | $362.7M |
| 净利润 | $21.3M | $-38.7M |
| 毛利率 | 53.6% | 20.9% |
| 营业利润率 | 6.3% | 0.5% |
| 净利率 | 4.4% | -10.7% |
| 营收同比 | 2.4% | — |
| 净利润同比 | -21.3% | — |
| 每股收益（稀释后） | $0.39 | — |
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CRTOVNET
| Q3 25 | — | $362.7M | ||
| Q2 25 | $482.7M | — | ||
| Q1 25 | $451.4M | $309.5M | ||
| Q4 24 | $553.0M | — | ||
| Q3 24 | $458.9M | $302.2M | ||
| Q2 24 | $471.3M | $274.4M | ||
| Q1 24 | $450.1M | $262.9M | ||
| Q4 23 | $566.3M | — |
净利润CRTOVNET
| Q3 25 | — | $-38.7M | ||
| Q2 25 | $21.3M | — | ||
| Q1 25 | $37.9M | $-2.4M | ||
| Q4 24 | $71.1M | — | ||
| Q3 24 | $6.2M | $-2.1M | ||
| Q2 24 | $27.0M | $-1.1M | ||
| Q1 24 | $7.2M | $-22.0M | ||
| Q4 23 | $61.0M | — |
毛利率CRTOVNET
| Q3 25 | — | 20.9% | ||
| Q2 25 | 53.6% | — | ||
| Q1 25 | 52.5% | 25.2% | ||
| Q4 24 | 54.4% | — | ||
| Q3 24 | 50.5% | 23.2% | ||
| Q2 24 | 49.4% | 21.3% | ||
| Q1 24 | 48.3% | 21.6% | ||
| Q4 23 | 48.8% | — |
营业利润率CRTOVNET
| Q3 25 | — | 0.5% | ||
| Q2 25 | 6.3% | — | ||
| Q1 25 | 10.7% | 0.1% | ||
| Q4 24 | 17.1% | — | ||
| Q3 24 | 2.1% | 24.5% | ||
| Q2 24 | 7.8% | 0.2% | ||
| Q1 24 | 2.3% | 0.2% | ||
| Q4 23 | 15.6% | — |
净利率CRTOVNET
| Q3 25 | — | -10.7% | ||
| Q2 25 | 4.4% | — | ||
| Q1 25 | 8.4% | -0.8% | ||
| Q4 24 | 12.9% | — | ||
| Q3 24 | 1.4% | -0.7% | ||
| Q2 24 | 5.7% | -0.4% | ||
| Q1 24 | 1.6% | -8.4% | ||
| Q4 23 | 10.8% | — |
每股收益（稀释后）CRTOVNET
| Q3 25 | — | — | ||
| Q2 25 | $0.39 | — | ||
| Q1 25 | $0.66 | — | ||
| Q4 24 | $1.21 | — | ||
| Q3 24 | $0.11 | — | ||
| Q2 24 | $0.46 | — | ||
| Q1 24 | $0.12 | — | ||
| Q4 23 | $1.02 | — |
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 | $223.6M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $890.8M |
| 总资产 | $2.1B | $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CRTOVNET
| Q3 25 | — | $492.1M | ||
| Q2 25 | $223.6M | — | ||
| Q1 25 | $313.2M | $544.3M | ||
| Q4 24 | $316.9M | — | ||
| Q3 24 | $231.8M | $219.5M | ||
| Q2 24 | $233.2M | $247.2M | ||
| Q1 24 | $278.1M | $246.9M | ||
| Q4 23 | $342.3M | — |
总债务CRTOVNET
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
股东权益CRTOVNET
| Q3 25 | — | $890.8M | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | $927.8M | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.1B | $902.9M | ||
| Q2 24 | $1.0B | $900.6M | ||
| Q1 24 | $1.0B | $895.1M | ||
| Q4 23 | $1.1B | — |
总资产CRTOVNET
| Q3 25 | — | $6.1B | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.1B | $5.4B | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.2B | $4.3B | ||
| Q2 24 | $2.2B | $4.0B | ||
| Q1 24 | $2.2B | $3.9B | ||
| Q4 23 | $2.4B | — |
负债/权益比CRTOVNET
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
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 | $-1.4M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-36.6M | $-193.1M |
| 自由现金流率自由现金流/营收 | -7.6% | -53.2% |
| 资本支出强度资本支出/营收 | 7.3% | 84.6% |
| 现金转化率经营现金流/净利润 | -0.07× | — |
| 过去12个月自由现金流最近4个季度 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流CRTOVNET
| Q3 25 | — | $113.8M | ||
| Q2 25 | $-1.4M | — | ||
| Q1 25 | $62.3M | $27.0M | ||
| Q4 24 | $169.5M | — | ||
| Q3 24 | $57.5M | $108.3M | ||
| Q2 24 | $17.2M | $55.8M | ||
| Q1 24 | $14.0M | $37.1M | ||
| Q4 23 | $161.3M | — |
自由现金流CRTOVNET
| Q3 25 | — | $-193.1M | ||
| Q2 25 | $-36.6M | — | ||
| Q1 25 | $45.3M | $-220.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | $-4.0M | $-81.6M | ||
| Q1 24 | $173.0K | $-102.2M | ||
| Q4 23 | — | — |
自由现金流率CRTOVNET
| Q3 25 | — | -53.2% | ||
| Q2 25 | -7.6% | — | ||
| Q1 25 | 10.0% | -71.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | -0.9% | -29.8% | ||
| Q1 24 | 0.0% | -38.9% | ||
| Q4 23 | — | — |
资本支出强度CRTOVNET
| Q3 25 | — | 84.6% | ||
| Q2 25 | 7.3% | — | ||
| Q1 25 | 3.8% | 79.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | 4.5% | 50.1% | ||
| Q1 24 | 3.1% | 53.0% | ||
| Q4 23 | — | — |
现金转化率CRTOVNET
| Q3 25 | — | — | ||
| Q2 25 | -0.07× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 9.21× | — | ||
| Q2 24 | 0.64× | — | ||
| Q1 24 | 1.93× | — | ||
| Q4 23 | 2.64× | — |
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
CRTO
| Commerce Growth | $393.9M | 82% |
| Retail Media | $60.9M | 13% |
| Other | $27.9M | 6% |
VNET
暂无分部数据
