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CVR ENERGY INC（CVI）与欢聚集团（JOYY）财务数据对比。点击上方公司名可切换其他公司
CVR ENERGY INC的季度营收约是欢聚集团的1.2倍（$1.8B vs $1.5B），欢聚集团净利率更高（10.4% vs -6.1%，领先16.5%），过去两年欢聚集团的营收复合增速更高（16.8% vs -1.4%）
CVR能源是总部位于美国的能源控股企业，主营石油炼制与氮肥制造两大核心业务，生产汽油、柴油、航空燃油及农用化肥等产品，主要面向北美地区的商业、工业及农业客户供货。
欢聚集团是全球化社交媒体科技企业，主营直播、短视频、社交互动类数字娱乐服务，核心产品覆盖东南亚、中东、拉美等多个新兴市场，为全球用户提供丰富的沉浸式互动内容体验。
CVI vs JOYY — 直观对比
营收规模更大
CVI
是对方的1.2倍
$1.5B
净利率更高
JOYY
高出16.5%
-6.1%
两年增速更快
JOYY
近两年复合增速
-1.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.5B |
| 净利润 | $-110.0M | $160.1M |
| 毛利率 | -3.1% | 36.1% |
| 营业利润率 | -5.3% | 2.4% |
| 净利率 | -6.1% | 10.4% |
| 营收同比 | -7.0% | — |
| 净利润同比 | -492.9% | — |
| 每股收益（稀释后） | $-1.09 | — |
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CVIJOYY
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.9B | $1.5B | ||
| Q2 25 | $1.8B | $1.0B | ||
| Q1 25 | $1.6B | $494.4M | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.8B | $1.7B | ||
| Q2 24 | $2.0B | $1.1B | ||
| Q1 24 | $1.9B | $564.6M |
净利润CVIJOYY
| Q4 25 | $-110.0M | — | ||
| Q3 25 | $374.0M | $160.1M | ||
| Q2 25 | $-114.0M | $100.9M | ||
| Q1 25 | $-123.0M | $42.9M | ||
| Q4 24 | $28.0M | — | ||
| Q3 24 | $-124.0M | $143.9M | ||
| Q2 24 | $21.0M | $87.9M | ||
| Q1 24 | $82.0M | $40.2M |
毛利率CVIJOYY
| Q4 25 | -3.1% | — | ||
| Q3 25 | 28.8% | 36.1% | ||
| Q2 25 | -3.7% | 36.3% | ||
| Q1 25 | -5.5% | 36.1% | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | -3.9% | 35.7% | ||
| Q2 24 | 2.9% | 34.9% | ||
| Q1 24 | 8.6% | 34.6% |
营业利润率CVIJOYY
| Q4 25 | -5.3% | — | ||
| Q3 25 | 26.3% | 2.4% | ||
| Q2 25 | -5.8% | 1.8% | ||
| Q1 25 | -8.0% | 2.5% | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | -6.2% | 1.3% | ||
| Q2 24 | 1.4% | 0.5% | ||
| Q1 24 | 6.6% | 0.6% |
净利率CVIJOYY
| Q4 25 | -6.1% | — | ||
| Q3 25 | 19.2% | 10.4% | ||
| Q2 25 | -6.5% | 10.1% | ||
| Q1 25 | -7.5% | 8.7% | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | -6.8% | 8.5% | ||
| Q2 24 | 1.1% | 7.8% | ||
| Q1 24 | 4.4% | 7.1% |
每股收益（稀释后）CVIJOYY
| Q4 25 | $-1.09 | — | ||
| Q3 25 | $3.72 | — | ||
| Q2 25 | $-1.14 | — | ||
| Q1 25 | $-1.22 | — | ||
| Q4 24 | $0.28 | — | ||
| Q3 24 | $-1.24 | — | ||
| Q2 24 | $0.21 | — | ||
| Q1 24 | $0.81 | — |
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 | $511.0M | $383.8M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $730.0M | $6.6B |
| 总资产 | $3.7B | $7.5B |
| 负债/权益比越低杠杆越低 | 2.40× | — |
8季度趋势，按日历期对齐
现金及短期投资CVIJOYY
| Q4 25 | $511.0M | — | ||
| Q3 25 | $670.0M | $383.8M | ||
| Q2 25 | $596.0M | $401.0M | ||
| Q1 25 | $695.0M | $801.5M | ||
| Q4 24 | $987.0M | — | ||
| Q3 24 | $534.0M | $481.8M | ||
| Q2 24 | $586.0M | $607.1M | ||
| Q1 24 | $644.0M | $728.2M |
总债务CVIJOYY
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.6B | — |
股东权益CVIJOYY
| Q4 25 | $730.0M | — | ||
| Q3 25 | $840.0M | $6.6B | ||
| Q2 25 | $466.0M | $6.6B | ||
| Q1 25 | $580.0M | $6.6B | ||
| Q4 24 | $703.0M | — | ||
| Q3 24 | $675.0M | $5.3B | ||
| Q2 24 | $849.0M | $5.3B | ||
| Q1 24 | $879.0M | $5.3B |
总资产CVIJOYY
| Q4 25 | $3.7B | — | ||
| Q3 25 | $4.0B | $7.5B | ||
| Q2 25 | $4.0B | $7.5B | ||
| Q1 25 | $4.3B | $7.6B | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $3.9B | $8.1B | ||
| Q2 24 | $4.0B | $8.1B | ||
| Q1 24 | $4.1B | $8.6B |
负债/权益比CVIJOYY
| Q4 25 | 2.40× | — | ||
| Q3 25 | 2.17× | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.29× | — | ||
| Q4 24 | 2.71× | — | ||
| Q3 24 | 2.33× | — | ||
| Q2 24 | 1.86× | — | ||
| Q1 24 | 1.79× | — |
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 | $0 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 3.0% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流CVIJOYY
| Q4 25 | $0 | — | ||
| Q3 25 | $163.0M | — | ||
| Q2 25 | $176.0M | — | ||
| Q1 25 | $-195.0M | — | ||
| Q4 24 | $98.0M | — | ||
| Q3 24 | $48.0M | — | ||
| Q2 24 | $81.0M | — | ||
| Q1 24 | $177.0M | — |
自由现金流CVIJOYY
| Q4 25 | — | — | ||
| Q3 25 | $125.0M | — | ||
| Q2 25 | $135.0M | — | ||
| Q1 25 | $-246.0M | — | ||
| Q4 24 | $43.0M | — | ||
| Q3 24 | $14.0M | — | ||
| Q2 24 | $38.0M | — | ||
| Q1 24 | $130.0M | — |
自由现金流率CVIJOYY
| Q4 25 | — | — | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | 7.7% | — | ||
| Q1 25 | -14.9% | — | ||
| Q4 24 | 2.2% | — | ||
| Q3 24 | 0.8% | — | ||
| Q2 24 | 1.9% | — | ||
| Q1 24 | 7.0% | — |
资本支出强度CVIJOYY
| Q4 25 | 3.0% | — | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 2.5% | — |
现金转化率CVIJOYY
| Q4 25 | — | — | ||
| Q3 25 | 0.44× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.50× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.86× | — | ||
| Q1 24 | 2.16× | — |
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
CVI
| Petroleum Segment | $1.6B | 91% |
| Product UAN | $64.0M | 4% |
| Product Ammonia | $51.0M | 3% |
| Renewables Diesel | $27.0M | 1% |
| Product Urea Products | $8.0M | 0% |
| Renewable Fuel Credits | $7.0M | 0% |
JOYY
| Live streaming | $1.1B | 74% |
| Advertising | $297.3M | 19% |
| Others | $109.8M | 7% |
