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Dayforce（DAY）与和黄医药（HCM）财务数据对比。点击上方公司名可切换其他公司
Dayforce的季度营收约是和黄医药的1.8倍（$481.6M vs $270.8M），和黄医药净利率更高（0.7% vs -40.9%，领先41.6%），Dayforce同比增速更快（9.5% vs -16.5%）
Dayforce前身为知名人力资源服务商Ceridian，是一家总部位于美国的人力资源软件及服务企业，面向各行业不同规模的客户提供覆盖薪酬核算、人员管理、考勤等多场景的HR SaaS产品及配套专业服务，助力企业提升人力资源运营效率。
和黄医药是一家国际化生物制药企业，专注于肿瘤、免疫类疾病的靶向疗法与免疫疗法的研发、生产及商业化，核心市场覆盖中国及全球多个国家地区，已有多款肿瘤治疗药物上市，后期临床管线储备丰富。
DAY vs HCM — 直观对比
营收规模更大
DAY
是对方的1.8倍
$270.8M
营收增速更快
DAY
高出26.0%
-16.5%
净利率更高
HCM
高出41.6%
-40.9%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $270.8M |
| 净利润 | $-196.8M | $2.0M |
| 毛利率 | — | 37.7% |
| 营业利润率 | 6.3% | -13.2% |
| 净利率 | -40.9% | 0.7% |
| 营收同比 | 9.5% | -16.5% |
| 净利润同比 | -9940.0% | -83.6% |
| 每股收益（稀释后） | $-1.23 | $0.00 |
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DAYHCM
| Q4 25 | — | $270.8M | ||
| Q3 25 | $481.6M | — | ||
| Q2 25 | $464.7M | $277.7M | ||
| Q1 25 | $481.8M | $324.5M | ||
| Q4 24 | $465.2M | — | ||
| Q3 24 | $440.0M | — | ||
| Q2 24 | $423.3M | $305.7M | ||
| Q1 24 | $431.5M | — |
净利润DAYHCM
| Q4 25 | — | $2.0M | ||
| Q3 25 | $-196.8M | — | ||
| Q2 25 | $21.3M | $455.0M | ||
| Q1 25 | $14.9M | $11.9M | ||
| Q4 24 | $10.8M | — | ||
| Q3 24 | $2.0M | — | ||
| Q2 24 | $-1.8M | $25.8M | ||
| Q1 24 | $7.1M | — |
毛利率DAYHCM
| Q4 25 | — | 37.7% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 48.0% | ||
| Q4 24 | 47.0% | — | ||
| Q3 24 | 45.8% | — | ||
| Q2 24 | 44.1% | 41.1% | ||
| Q1 24 | 47.6% | — |
营业利润率DAYHCM
| Q4 25 | — | -13.2% | ||
| Q3 25 | 6.3% | — | ||
| Q2 25 | 9.1% | -1.3% | ||
| Q1 25 | 6.4% | -5.0% | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 4.7% | — | ||
| Q2 24 | 3.3% | -9.0% | ||
| Q1 24 | 9.4% | — |
净利率DAYHCM
| Q4 25 | — | 0.7% | ||
| Q3 25 | -40.9% | — | ||
| Q2 25 | 4.6% | 163.8% | ||
| Q1 25 | 3.1% | 3.7% | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | -0.4% | 8.4% | ||
| Q1 24 | 1.6% | — |
每股收益（稀释后）DAYHCM
| Q4 25 | — | $0.00 | ||
| Q3 25 | $-1.23 | — | ||
| Q2 25 | $0.13 | $0.52 | ||
| Q1 25 | $0.09 | $0.01 | ||
| Q4 24 | $0.07 | — | ||
| Q3 24 | $0.01 | — | ||
| Q2 24 | $-0.01 | $0.03 | ||
| Q1 24 | $0.04 | — |
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 | $627.6M | $1.4B |
| 总债务越低越好 | $631.1M | $93.2M |
| 股东权益账面价值 | $2.7B | $1.2B |
| 总资产 | $8.7B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.23× | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资DAYHCM
| Q4 25 | — | $1.4B | ||
| Q3 25 | $627.6M | — | ||
| Q2 25 | $625.2M | $1.4B | ||
| Q1 25 | $557.3M | $836.1M | ||
| Q4 24 | $579.7M | — | ||
| Q3 24 | $494.1M | — | ||
| Q2 24 | $465.4M | $802.5M | ||
| Q1 24 | $392.5M | — |
总债务DAYHCM
| Q4 25 | — | $93.2M | ||
| Q3 25 | $631.1M | — | ||
| Q2 25 | $631.8M | $93.4M | ||
| Q1 25 | $632.4M | $82.8M | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | $82.1M | ||
| Q1 24 | $1.2B | — |
股东权益DAYHCM
| Q4 25 | — | $1.2B | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.7B | $1.2B | ||
| Q1 25 | $2.6B | $759.9M | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.5B | $740.1M | ||
| Q1 24 | $2.4B | — |
总资产DAYHCM
| Q4 25 | — | $1.8B | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $8.5B | $1.8B | ||
| Q1 25 | $9.5B | $1.3B | ||
| Q4 24 | $9.1B | — | ||
| Q3 24 | $8.1B | — | ||
| Q2 24 | $9.0B | $1.3B | ||
| Q1 24 | $10.8B | — |
负债/权益比DAYHCM
| Q4 25 | — | 0.08× | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | 0.08× | ||
| Q1 25 | 0.24× | 0.11× | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.49× | 0.11× | ||
| Q1 24 | 0.50× | — |
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 | $31.2M | $8.2M |
| 自由现金流经营现金流 - 资本支出 | — | $3.4M |
| 自由现金流率自由现金流/营收 | — | 1.2% |
| 资本支出强度资本支出/营收 | — | 1.8% |
| 现金转化率经营现金流/净利润 | — | 4.21× |
| 过去12个月自由现金流最近4个季度 | — | $-96.2M |
8季度趋势，按日历期对齐
经营现金流DAYHCM
| Q4 25 | — | $8.2M | ||
| Q3 25 | $31.2M | — | ||
| Q2 25 | $112.7M | $-72.9M | ||
| Q1 25 | $49.6M | $40.3M | ||
| Q4 24 | $81.0M | — | ||
| Q3 24 | $91.8M | — | ||
| Q2 24 | $99.2M | $-39.8M | ||
| Q1 24 | $9.1M | — |
自由现金流DAYHCM
| Q4 25 | — | $3.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-82.2M | ||
| Q1 25 | — | $32.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-49.9M | ||
| Q1 24 | — | — |
自由现金流率DAYHCM
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -29.6% | ||
| Q1 25 | — | 10.0% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -16.3% | ||
| Q1 24 | — | — |
资本支出强度DAYHCM
| Q4 25 | — | 1.8% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.3% | ||
| Q1 24 | — | — |
现金转化率DAYHCM
| Q4 25 | — | 4.21× | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | -0.16× | ||
| Q1 25 | 3.33× | 3.38× | ||
| Q4 24 | 7.50× | — | ||
| Q3 24 | 45.90× | — | ||
| Q2 24 | — | -1.54× | ||
| Q1 24 | 1.28× | — |
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
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
HCM
暂无分部数据
