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CAVCO INDUSTRIES, INC.（CVCO）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
CAVCO INDUSTRIES, INC.的季度营收约是世纪互联的1.6倍（$581.0M vs $362.7M），CAVCO INDUSTRIES, INC.净利率更高（7.6% vs -10.7%，领先18.2%），CAVCO INDUSTRIES, INC.自由现金流更多（$57.6M vs $-193.1M），过去两年CAVCO INDUSTRIES, INC.的营收复合增速更高（17.6% vs 17.4%）
Cavco工业是总部位于美国亚利桑那州凤凰城的制造企业，主营模块化住宅、休闲房车、度假木屋及预制房屋产品，在美国各地布局有完善的制造工厂与零售门店网络，可满足多元居住及休闲场景的使用需求。
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。
CVCO vs VNET — 直观对比
营收规模更大
CVCO
是对方的1.6倍
$362.7M
净利率更高
CVCO
高出18.2%
-10.7%
自由现金流更多
CVCO
多$250.7M
$-193.1M
两年增速更快
CVCO
近两年复合增速
17.4%
损益表 — Q3 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $581.0M | $362.7M |
| 净利润 | $44.1M | $-38.7M |
| 毛利率 | 23.4% | 20.9% |
| 营业利润率 | 9.4% | 0.5% |
| 净利率 | 7.6% | -10.7% |
| 营收同比 | 11.3% | — |
| 净利润同比 | -22.0% | — |
| 每股收益（稀释后） | $5.58 | — |
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CVCOVNET
| Q4 25 | $581.0M | — | ||
| Q3 25 | $556.5M | $362.7M | ||
| Q2 25 | $556.9M | — | ||
| Q1 25 | $508.4M | $309.5M | ||
| Q4 24 | $522.0M | — | ||
| Q3 24 | $507.5M | $302.2M | ||
| Q2 24 | $477.6M | $274.4M | ||
| Q1 24 | $420.1M | $262.9M |
净利润CVCOVNET
| Q4 25 | $44.1M | — | ||
| Q3 25 | $52.4M | $-38.7M | ||
| Q2 25 | $51.6M | — | ||
| Q1 25 | $36.3M | $-2.4M | ||
| Q4 24 | $56.5M | — | ||
| Q3 24 | $43.8M | $-2.1M | ||
| Q2 24 | $34.4M | $-1.1M | ||
| Q1 24 | $33.9M | $-22.0M |
毛利率CVCOVNET
| Q4 25 | 23.4% | — | ||
| Q3 25 | 24.2% | 20.9% | ||
| Q2 25 | 23.3% | — | ||
| Q1 25 | 22.8% | 25.2% | ||
| Q4 24 | 24.9% | — | ||
| Q3 24 | 22.9% | 23.2% | ||
| Q2 24 | 21.7% | 21.3% | ||
| Q1 24 | 23.6% | 21.6% |
营业利润率CVCOVNET
| Q4 25 | 9.4% | — | ||
| Q3 25 | 11.2% | 0.5% | ||
| Q2 25 | 10.8% | — | ||
| Q1 25 | 7.6% | 0.1% | ||
| Q4 24 | 12.3% | — | ||
| Q3 24 | 9.7% | 24.5% | ||
| Q2 24 | 8.1% | 0.2% | ||
| Q1 24 | 8.9% | 0.2% |
净利率CVCOVNET
| Q4 25 | 7.6% | — | ||
| Q3 25 | 9.4% | -10.7% | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | 7.1% | -0.8% | ||
| Q4 24 | 10.8% | — | ||
| Q3 24 | 8.6% | -0.7% | ||
| Q2 24 | 7.2% | -0.4% | ||
| Q1 24 | 8.1% | -8.4% |
每股收益（稀释后）CVCOVNET
| Q4 25 | $5.58 | — | ||
| Q3 25 | $6.55 | — | ||
| Q2 25 | $6.42 | — | ||
| Q1 25 | $4.42 | — | ||
| Q4 24 | $6.90 | — | ||
| Q3 24 | $5.28 | — | ||
| Q2 24 | $4.11 | — | ||
| Q1 24 | $4.05 | — |
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 | $241.9M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $890.8M |
| 总资产 | $1.5B | $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CVCOVNET
| Q4 25 | $241.9M | — | ||
| Q3 25 | $391.8M | $492.1M | ||
| Q2 25 | $362.4M | — | ||
| Q1 25 | $376.1M | $544.3M | ||
| Q4 24 | $378.9M | — | ||
| Q3 24 | $388.7M | $219.5M | ||
| Q2 24 | $380.0M | $247.2M | ||
| Q1 24 | $371.0M | $246.9M |
总债务CVCOVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CVCOVNET
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | $890.8M | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | $927.8M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.0B | $902.9M | ||
| Q2 24 | $1.0B | $900.6M | ||
| Q1 24 | $1.0B | $895.1M |
总资产CVCOVNET
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.4B | $6.1B | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | $5.4B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | $4.3B | ||
| Q2 24 | $1.4B | $4.0B | ||
| Q1 24 | $1.4B | $3.9B |
负债/权益比CVCOVNET
| 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 | $66.1M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $57.6M | $-193.1M |
| 自由现金流率自由现金流/营收 | 9.9% | -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 | 1.50× | — |
| 过去12个月自由现金流最近4个季度 | $205.3M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流CVCOVNET
| Q4 25 | $66.1M | — | ||
| Q3 25 | $78.5M | $113.8M | ||
| Q2 25 | $55.5M | — | ||
| Q1 25 | $38.6M | $27.0M | ||
| Q4 24 | $37.8M | — | ||
| Q3 24 | $54.7M | $108.3M | ||
| Q2 24 | $47.4M | $55.8M | ||
| Q1 24 | — | $37.1M |
自由现金流CVCOVNET
| Q4 25 | $57.6M | — | ||
| Q3 25 | $68.7M | $-193.1M | ||
| Q2 25 | $46.4M | — | ||
| Q1 25 | $32.5M | $-220.0M | ||
| Q4 24 | $32.3M | — | ||
| Q3 24 | $49.8M | $-95.0M | ||
| Q2 24 | $42.4M | $-81.6M | ||
| Q1 24 | — | $-102.2M |
自由现金流率CVCOVNET
| Q4 25 | 9.9% | — | ||
| Q3 25 | 12.4% | -53.2% | ||
| Q2 25 | 8.3% | — | ||
| Q1 25 | 6.4% | -71.1% | ||
| Q4 24 | 6.2% | — | ||
| Q3 24 | 9.8% | -31.4% | ||
| Q2 24 | 8.9% | -29.8% | ||
| Q1 24 | — | -38.9% |
资本支出强度CVCOVNET
| Q4 25 | 1.5% | — | ||
| Q3 25 | 1.7% | 84.6% | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 1.2% | 79.8% | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 1.0% | 67.3% | ||
| Q2 24 | 1.0% | 50.1% | ||
| Q1 24 | — | 53.0% |
现金转化率CVCOVNET
| Q4 25 | 1.50× | — | ||
| Q3 25 | 1.50× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.06× | — | ||
| Q4 24 | 0.67× | — | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 1.38× | — | ||
| 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
CVCO
| Manufactured Product Other | $532.5M | 92% |
| Other | $26.0M | 4% |
| Financial Service Other | $20.5M | 4% |
| Insurance Agency Commissions | $2.0M | 0% |
VNET
暂无分部数据
