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Dayforce（DAY）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
Dayforce的季度营收约是世纪互联的1.3倍（$481.6M vs $362.7M），世纪互联净利率更高（-10.7% vs -40.9%，领先30.2%），过去两年世纪互联的营收复合增速更高（17.4% vs 9.8%）
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。
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。
DAY vs VNET — 直观对比
营收规模更大
DAY
是对方的1.3倍
$362.7M
净利率更高
VNET
高出30.2%
-40.9%
两年增速更快
VNET
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $362.7M |
| 净利润 | $-196.8M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 6.3% | 0.5% |
| 净利率 | -40.9% | -10.7% |
| 营收同比 | 9.5% | — |
| 净利润同比 | -9940.0% | — |
| 每股收益（稀释后） | $-1.23 | — |
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DAYVNET
| Q3 25 | $481.6M | $362.7M | ||
| Q2 25 | $464.7M | — | ||
| Q1 25 | $481.8M | $309.5M | ||
| Q4 24 | $465.2M | — | ||
| Q3 24 | $440.0M | $302.2M | ||
| Q2 24 | $423.3M | $274.4M | ||
| Q1 24 | $431.5M | $262.9M | ||
| Q4 23 | $399.7M | — |
净利润DAYVNET
| Q3 25 | $-196.8M | $-38.7M | ||
| Q2 25 | $21.3M | — | ||
| Q1 25 | $14.9M | $-2.4M | ||
| Q4 24 | $10.8M | — | ||
| Q3 24 | $2.0M | $-2.1M | ||
| Q2 24 | $-1.8M | $-1.1M | ||
| Q1 24 | $7.1M | $-22.0M | ||
| Q4 23 | $45.6M | — |
毛利率DAYVNET
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | 47.0% | — | ||
| Q3 24 | 45.8% | 23.2% | ||
| Q2 24 | 44.1% | 21.3% | ||
| Q1 24 | 47.6% | 21.6% | ||
| Q4 23 | 42.5% | — |
营业利润率DAYVNET
| Q3 25 | 6.3% | 0.5% | ||
| Q2 25 | 9.1% | — | ||
| Q1 25 | 6.4% | 0.1% | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 4.7% | 24.5% | ||
| Q2 24 | 3.3% | 0.2% | ||
| Q1 24 | 9.4% | 0.2% | ||
| Q4 23 | 9.7% | — |
净利率DAYVNET
| Q3 25 | -40.9% | -10.7% | ||
| Q2 25 | 4.6% | — | ||
| Q1 25 | 3.1% | -0.8% | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 0.5% | -0.7% | ||
| Q2 24 | -0.4% | -0.4% | ||
| Q1 24 | 1.6% | -8.4% | ||
| Q4 23 | 11.4% | — |
每股收益（稀释后）DAYVNET
| Q3 25 | $-1.23 | — | ||
| Q2 25 | $0.13 | — | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $0.07 | — | ||
| Q3 24 | $0.01 | — | ||
| Q2 24 | $-0.01 | — | ||
| Q1 24 | $0.04 | — | ||
| Q4 23 | $0.29 | — |
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 | $492.1M |
| 总债务越低越好 | $631.1M | — |
| 股东权益账面价值 | $2.7B | $890.8M |
| 总资产 | $8.7B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.23× | — |
8季度趋势，按日历期对齐
现金及短期投资DAYVNET
| Q3 25 | $627.6M | $492.1M | ||
| Q2 25 | $625.2M | — | ||
| Q1 25 | $557.3M | $544.3M | ||
| Q4 24 | $579.7M | — | ||
| Q3 24 | $494.1M | $219.5M | ||
| Q2 24 | $465.4M | $247.2M | ||
| Q1 24 | $392.5M | $246.9M | ||
| Q4 23 | $570.3M | — |
总债务DAYVNET
| Q3 25 | $631.1M | — | ||
| Q2 25 | $631.8M | — | ||
| Q1 25 | $632.4M | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — | ||
| Q4 23 | $1.2B | — |
股东权益DAYVNET
| Q3 25 | $2.7B | $890.8M | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.6B | $927.8M | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.6B | $902.9M | ||
| Q2 24 | $2.5B | $900.6M | ||
| Q1 24 | $2.4B | $895.1M | ||
| Q4 23 | $2.4B | — |
总资产DAYVNET
| Q3 25 | $8.7B | $6.1B | ||
| Q2 25 | $8.5B | — | ||
| Q1 25 | $9.5B | $5.4B | ||
| Q4 24 | $9.1B | — | ||
| Q3 24 | $8.1B | $4.3B | ||
| Q2 24 | $9.0B | $4.0B | ||
| Q1 24 | $10.8B | $3.9B | ||
| Q4 23 | $9.0B | — |
负债/权益比DAYVNET
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | 1.28× | ||
| Q2 24 | 0.49× | — | ||
| Q1 24 | 0.50× | — | ||
| Q4 23 | 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 | $113.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-193.1M |
| 自由现金流率自由现金流/营收 | — | -53.2% |
| 资本支出强度资本支出/营收 | — | 84.6% |
| 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 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流DAYVNET
| Q3 25 | $31.2M | $113.8M | ||
| Q2 25 | $112.7M | — | ||
| Q1 25 | $49.6M | $27.0M | ||
| Q4 24 | $81.0M | — | ||
| Q3 24 | $91.8M | $108.3M | ||
| Q2 24 | $99.2M | $55.8M | ||
| Q1 24 | $9.1M | $37.1M | ||
| Q4 23 | $89.9M | — |
自由现金流DAYVNET
| Q3 25 | — | $-193.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-220.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | — | $-81.6M | ||
| Q1 24 | — | $-102.2M | ||
| Q4 23 | — | — |
自由现金流率DAYVNET
| Q3 25 | — | -53.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -71.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | — | -29.8% | ||
| Q1 24 | — | -38.9% | ||
| Q4 23 | — | — |
资本支出强度DAYVNET
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 79.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 50.1% | ||
| Q1 24 | — | 53.0% | ||
| Q4 23 | — | — |
现金转化率DAYVNET
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | — | ||
| Q1 25 | 3.33× | — | ||
| Q4 24 | 7.50× | — | ||
| Q3 24 | 45.90× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.28× | — | ||
| Q4 23 | 1.97× | — |
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% |
VNET
暂无分部数据
