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DONEGAL GROUP INC（DGICA）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
世纪互联的季度营收约是DONEGAL GROUP INC的1.5倍（$362.7M vs $236.0M），DONEGAL GROUP INC净利率更高（4.9% vs -10.7%，领先15.5%），过去两年世纪互联的营收复合增速更高（17.4% vs -2.2%）
多尼戈尔集团是一家美国地区性保险控股企业，提供个人及商业财产和意外伤害保险产品，主要服务美国中大西洋、中西部及南部地区客户，为个人、家庭及中小型企业提供定制化保障方案。
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。
DGICA vs VNET — 直观对比
营收规模更大
VNET
是对方的1.5倍
$236.0M
净利率更高
DGICA
高出15.5%
-10.7%
两年增速更快
VNET
近两年复合增速
-2.2%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $236.0M | $362.7M |
| 净利润 | $11.5M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | — | 0.5% |
| 净利率 | 4.9% | -10.7% |
| 营收同比 | -3.7% | — |
| 净利润同比 | -54.3% | — |
| 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DGICAVNET
| Q1 26 | $236.0M | — | ||
| Q4 25 | $239.8M | — | ||
| Q3 25 | $245.9M | $362.7M | ||
| Q2 25 | $247.1M | — | ||
| Q1 25 | $245.2M | $309.5M | ||
| Q4 24 | $250.0M | — | ||
| Q3 24 | $251.7M | $302.2M | ||
| Q2 24 | $246.8M | $274.4M |
净利润DGICAVNET
| Q1 26 | $11.5M | — | ||
| Q4 25 | $17.2M | — | ||
| Q3 25 | $20.1M | $-38.7M | ||
| Q2 25 | $16.9M | — | ||
| Q1 25 | $25.2M | $-2.4M | ||
| Q4 24 | $24.0M | — | ||
| Q3 24 | $16.8M | $-2.1M | ||
| Q2 24 | $4.2M | $-1.1M |
毛利率DGICAVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% |
营业利润率DGICAVNET
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | — | ||
| Q3 25 | 10.2% | 0.5% | ||
| Q2 25 | 8.3% | — | ||
| Q1 25 | 12.7% | 0.1% | ||
| Q4 24 | 11.9% | — | ||
| Q3 24 | 8.1% | 24.5% | ||
| Q2 24 | 2.0% | 0.2% |
净利率DGICAVNET
| Q1 26 | 4.9% | — | ||
| Q4 25 | 7.2% | — | ||
| Q3 25 | 8.2% | -10.7% | ||
| Q2 25 | 6.8% | — | ||
| Q1 25 | 10.3% | -0.8% | ||
| Q4 24 | 9.6% | — | ||
| Q3 24 | 6.7% | -0.7% | ||
| Q2 24 | 1.7% | -0.4% |
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 | — | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $649.1M | $890.8M |
| 总资产 | $2.4B | $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DGICAVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $492.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $544.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $219.5M | ||
| Q2 24 | — | $247.2M |
总债务DGICAVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — |
股东权益DGICAVNET
| Q1 26 | $649.1M | — | ||
| Q4 25 | $640.4M | — | ||
| Q3 25 | $627.4M | $890.8M | ||
| Q2 25 | $605.7M | — | ||
| Q1 25 | $584.7M | $927.8M | ||
| Q4 24 | $545.8M | — | ||
| Q3 24 | $513.4M | $902.9M | ||
| Q2 24 | $484.1M | $900.6M |
总资产DGICAVNET
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.4B | $6.1B | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.4B | $5.4B | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | $4.3B | ||
| Q2 24 | $2.3B | $4.0B |
负债/权益比DGICAVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 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 | — | $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DGICAVNET
| Q1 26 | — | — | ||
| Q4 25 | $70.2M | — | ||
| Q3 25 | $22.4M | $113.8M | ||
| Q2 25 | $12.1M | — | ||
| Q1 25 | $25.7M | $27.0M | ||
| Q4 24 | $67.4M | — | ||
| Q3 24 | $12.7M | $108.3M | ||
| Q2 24 | $21.7M | $55.8M |
自由现金流DGICAVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $-193.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-220.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | — | $-81.6M |
自由现金流率DGICAVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | -53.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -71.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | — | -29.8% |
资本支出强度DGICAVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 79.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 50.1% |
现金转化率DGICAVNET
| Q1 26 | — | — | ||
| Q4 25 | 4.08× | — | ||
| Q3 25 | 1.11× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 1.02× | — | ||
| Q4 24 | 2.81× | — | ||
| Q3 24 | 0.76× | — | ||
| Q2 24 | 5.22× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
