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威伯科（CVGI）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是威伯科的1.5倍（$225.6M vs $154.8M），六旗同比增速更快（11.7% vs -5.2%）
威伯科控股曾是总部位于美国的重型商用车零部件供应商，主打电子制动、稳定性控制、悬挂及传动自动化系统，产品广泛应用于卡车、巴士、挂车以及非道路作业车辆等各类商用车领域，是商用车行业重要的零部件提供商。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
CVGI vs FUN — 直观对比
营收规模更大
FUN
是对方的1.5倍
$154.8M
营收增速更快
FUN
高出16.9%
-5.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $154.8M | $225.6M |
| 净利润 | — | $-268.6M |
| 毛利率 | 9.7% | — |
| 营业利润率 | -1.2% | — |
| 净利率 | — | -119.0% |
| 营收同比 | -5.2% | 11.7% |
| 净利润同比 | — | -22.2% |
| 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CVGIFUN
| Q1 26 | — | $225.6M | ||
| Q4 25 | $154.8M | $650.1M | ||
| Q3 25 | $152.5M | $1.3B | ||
| Q2 25 | $172.0M | $930.4M | ||
| Q1 25 | $169.8M | $202.1M | ||
| Q4 24 | $163.3M | — | ||
| Q3 24 | $171.8M | $1.3B | ||
| Q2 24 | $193.7M | $571.6M |
净利润CVGIFUN
| Q1 26 | — | $-268.6M | ||
| Q4 25 | — | $-92.4M | ||
| Q3 25 | $-7.1M | $-1.2B | ||
| Q2 25 | $-4.8M | $-99.6M | ||
| Q1 25 | $-4.3M | $-219.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | $9.5M | $111.0M | ||
| Q2 24 | $-1.6M | $55.6M |
毛利率CVGIFUN
| Q1 26 | — | — | ||
| Q4 25 | 9.7% | 91.4% | ||
| Q3 25 | 10.5% | 91.6% | ||
| Q2 25 | 11.4% | 91.3% | ||
| Q1 25 | 10.5% | 89.3% | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 9.6% | 91.9% | ||
| Q2 24 | 10.6% | 90.7% |
营业利润率CVGIFUN
| Q1 26 | — | — | ||
| Q4 25 | -1.2% | -3.8% | ||
| Q3 25 | -0.7% | -83.7% | ||
| Q2 25 | 0.5% | 8.0% | ||
| Q1 25 | 0.8% | -158.9% | ||
| Q4 24 | -3.2% | — | ||
| Q3 24 | -0.6% | 19.5% | ||
| Q2 24 | 0.5% | 21.6% |
净利率CVGIFUN
| Q1 26 | — | -119.0% | ||
| Q4 25 | — | -14.2% | ||
| Q3 25 | -4.6% | -90.1% | ||
| Q2 25 | -2.8% | -10.7% | ||
| Q1 25 | -2.5% | -108.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.5% | 8.2% | ||
| Q2 24 | -0.8% | 9.7% |
每股收益（稀释后）CVGIFUN
| Q1 26 | — | — | ||
| Q4 25 | — | $-0.93 | ||
| Q3 25 | — | $-11.77 | ||
| Q2 25 | — | $-0.99 | ||
| Q1 25 | — | $-2.20 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.10 | ||
| Q2 24 | $-0.05 | — |
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 | — | $116.5M |
| 总债务越低越好 | $104.9M | — |
| 股东权益账面价值 | $133.4M | $279.2M |
| 总资产 | $391.7M | $7.7B |
| 负债/权益比越低杠杆越低 | 0.79× | — |
8季度趋势，按日历期对齐
现金及短期投资CVGIFUN
| Q1 26 | — | $116.5M | ||
| Q4 25 | — | $91.1M | ||
| Q3 25 | — | $70.7M | ||
| Q2 25 | — | $107.4M | ||
| Q1 25 | — | $61.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $89.7M | ||
| Q2 24 | — | $52.9M |
总债务CVGIFUN
| Q1 26 | — | — | ||
| Q4 25 | $104.9M | $5.2B | ||
| Q3 25 | $108.2M | $5.0B | ||
| Q2 25 | $118.2M | $5.3B | ||
| Q1 25 | $117.4M | $5.0B | ||
| Q4 24 | $135.5M | — | ||
| Q3 24 | $128.8M | $4.6B | ||
| Q2 24 | $142.0M | $2.3B |
股东权益CVGIFUN
| Q1 26 | — | $279.2M | ||
| Q4 25 | $133.4M | $549.8M | ||
| Q3 25 | $136.5M | $614.3M | ||
| Q2 25 | $142.6M | $1.8B | ||
| Q1 25 | $136.7M | $1.8B | ||
| Q4 24 | $135.6M | — | ||
| Q3 24 | $179.3M | $2.3B | ||
| Q2 24 | $169.6M | — |
总资产CVGIFUN
| Q1 26 | — | $7.7B | ||
| Q4 25 | $391.7M | $7.8B | ||
| Q3 25 | $400.3M | $7.9B | ||
| Q2 25 | $429.8M | $9.5B | ||
| Q1 25 | $419.8M | $9.2B | ||
| Q4 24 | $424.6M | — | ||
| Q3 24 | $495.3M | $9.4B | ||
| Q2 24 | $503.2M | $2.3B |
负债/权益比CVGIFUN
| Q1 26 | — | — | ||
| Q4 25 | 0.79× | 9.40× | ||
| Q3 25 | 0.79× | 8.16× | ||
| Q2 25 | 0.83× | 2.97× | ||
| Q1 25 | 0.86× | 2.75× | ||
| Q4 24 | 1.00× | — | ||
| Q3 24 | 0.72× | 1.95× | ||
| Q2 24 | 0.84× | — |
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 | $12.3M | — |
| 自由现金流经营现金流 - 资本支出 | $8.7M | — |
| 自由现金流率自由现金流/营收 | 5.6% | — |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 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 | $34.0M | — |
8季度趋势，按日历期对齐
经营现金流CVGIFUN
| Q1 26 | — | — | ||
| Q4 25 | $12.3M | $-37.7M | ||
| Q3 25 | $-1.7M | $356.2M | ||
| Q2 25 | $18.9M | $187.0M | ||
| Q1 25 | $15.2M | $-178.0M | ||
| Q4 24 | $-26.6M | — | ||
| Q3 24 | $-17.1M | $337.4M | ||
| Q2 24 | $12.6M | — |
自由现金流CVGIFUN
| Q1 26 | — | — | ||
| Q4 25 | $8.7M | $-109.3M | ||
| Q3 25 | $-3.5M | $256.2M | ||
| Q2 25 | $17.4M | $18.8M | ||
| Q1 25 | $11.4M | $-318.0M | ||
| Q4 24 | $-30.6M | — | ||
| Q3 24 | $-20.3M | $227.7M | ||
| Q2 24 | $6.4M | — |
自由现金流率CVGIFUN
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | -16.8% | ||
| Q3 25 | -2.3% | 19.4% | ||
| Q2 25 | 10.1% | 2.0% | ||
| Q1 25 | 6.7% | -157.4% | ||
| Q4 24 | -18.7% | — | ||
| Q3 24 | -11.8% | 16.9% | ||
| Q2 24 | 3.3% | — |
资本支出强度CVGIFUN
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 11.0% | ||
| Q3 25 | 1.2% | 7.6% | ||
| Q2 25 | 0.9% | 18.1% | ||
| Q1 25 | 2.2% | 69.3% | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 1.9% | 8.1% | ||
| Q2 24 | 3.2% | — |
现金转化率CVGIFUN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -1.79× | 3.04× | ||
| Q2 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
CVGI
| Global Seating | $70.7M | 46% |
| Global Electrical Systems | $49.7M | 32% |
| Trim Systems And Components | $34.4M | 22% |
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
