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GE医疗（DHC）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
GE医疗的季度营收约是六旗的1.7倍（$379.6M vs $225.6M），GE医疗净利率更高（-5.6% vs -119.0%，领先113.5%），六旗同比增速更快（11.7% vs -0.0%）
GE医疗是一家总部位于美国伊利诺伊州芝加哥市的医疗科技企业，业务涵盖四大板块：医疗影像设备，包括分子成像、CT、核磁共振、妇科健康筛查及X光系统；超声设备；患者护理解决方案，聚焦远程患者监测、麻醉呼吸护理、心脏诊断及婴幼儿护理；此外还涉及医药相关领域，是全球医疗行业的知名企业。
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。
DHC vs FUN — 直观对比
营收规模更大
DHC
是对方的1.7倍
$225.6M
营收增速更快
FUN
高出11.7%
-0.0%
净利率更高
DHC
高出113.5%
-119.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $379.6M | $225.6M |
| 净利润 | $-21.2M | $-268.6M |
| 毛利率 | — | — |
| 营业利润率 | -12.6% | — |
| 净利率 | -5.6% | -119.0% |
| 营收同比 | -0.0% | 11.7% |
| 净利润同比 | 75.7% | -22.2% |
| 每股收益（稀释后） | $-0.09 | — |
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DHCFUN
| Q1 26 | — | $225.6M | ||
| Q4 25 | $379.6M | $650.1M | ||
| Q3 25 | $388.7M | $1.3B | ||
| Q2 25 | $382.7M | $930.4M | ||
| Q1 25 | $386.9M | $202.1M | ||
| Q4 24 | $379.6M | — | ||
| Q3 24 | $373.6M | $1.3B | ||
| Q2 24 | $371.4M | $571.6M |
净利润DHCFUN
| Q1 26 | — | $-268.6M | ||
| Q4 25 | $-21.2M | $-92.4M | ||
| Q3 25 | $-164.0M | $-1.2B | ||
| Q2 25 | $-91.6M | $-99.6M | ||
| Q1 25 | $-9.0M | $-219.7M | ||
| Q4 24 | $-87.4M | — | ||
| Q3 24 | $-98.7M | $111.0M | ||
| Q2 24 | $-97.9M | $55.6M |
毛利率DHCFUN
| Q1 26 | — | — | ||
| Q4 25 | — | 91.4% | ||
| Q3 25 | — | 91.6% | ||
| Q2 25 | — | 91.3% | ||
| Q1 25 | — | 89.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 91.9% | ||
| Q2 24 | — | 90.7% |
营业利润率DHCFUN
| Q1 26 | — | — | ||
| Q4 25 | -12.6% | -3.8% | ||
| Q3 25 | -43.4% | -83.7% | ||
| Q2 25 | -24.5% | 8.0% | ||
| Q1 25 | -2.7% | -158.9% | ||
| Q4 24 | -26.1% | — | ||
| Q3 24 | -26.5% | 19.5% | ||
| Q2 24 | -23.0% | 21.6% |
净利率DHCFUN
| Q1 26 | — | -119.0% | ||
| Q4 25 | -5.6% | -14.2% | ||
| Q3 25 | -42.2% | -90.1% | ||
| Q2 25 | -23.9% | -10.7% | ||
| Q1 25 | -2.3% | -108.7% | ||
| Q4 24 | -23.0% | — | ||
| Q3 24 | -26.4% | 8.2% | ||
| Q2 24 | -26.3% | 9.7% |
每股收益（稀释后）DHCFUN
| Q1 26 | — | — | ||
| Q4 25 | $-0.09 | $-0.93 | ||
| Q3 25 | $-0.68 | $-11.77 | ||
| Q2 25 | $-0.38 | $-0.99 | ||
| Q1 25 | $-0.04 | $-2.20 | ||
| Q4 24 | $-0.37 | — | ||
| Q3 24 | $-0.41 | $1.10 | ||
| Q2 24 | $-0.41 | — |
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 | $105.4M | $116.5M |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $1.7B | $279.2M |
| 总资产 | $4.4B | $7.7B |
| 负债/权益比越低杠杆越低 | 1.47× | — |
8季度趋势，按日历期对齐
现金及短期投资DHCFUN
| Q1 26 | — | $116.5M | ||
| Q4 25 | $105.4M | $91.1M | ||
| Q3 25 | $201.4M | $70.7M | ||
| Q2 25 | $141.8M | $107.4M | ||
| Q1 25 | $302.6M | $61.5M | ||
| Q4 24 | $144.6M | — | ||
| Q3 24 | $256.5M | $89.7M | ||
| Q2 24 | $265.6M | $52.9M |
总债务DHCFUN
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $5.2B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $2.3B |
股东权益DHCFUN
| Q1 26 | — | $279.2M | ||
| Q4 25 | $1.7B | $549.8M | ||
| Q3 25 | $1.7B | $614.3M | ||
| Q2 25 | $1.9B | $1.8B | ||
| Q1 25 | $1.9B | $1.8B | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | $2.3B | ||
| Q2 24 | $2.1B | — |
总资产DHCFUN
| Q1 26 | — | $7.7B | ||
| Q4 25 | $4.4B | $7.8B | ||
| Q3 25 | $4.7B | $7.9B | ||
| Q2 25 | $4.8B | $9.5B | ||
| Q1 25 | $5.0B | $9.2B | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.3B | $9.4B | ||
| Q2 24 | $5.3B | $2.3B |
负债/权益比DHCFUN
| Q1 26 | — | — | ||
| Q4 25 | 1.47× | 9.40× | ||
| Q3 25 | — | 8.16× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | — | 2.75× | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | — | 1.95× | ||
| 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 | $-19.6M | — |
| 自由现金流经营现金流 - 资本支出 | $-166.4M | — |
| 自由现金流率自由现金流/营收 | -43.8% | — |
| 资本支出强度资本支出/营收 | 38.7% | — |
| 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 | $-280.3M | — |
8季度趋势，按日历期对齐
经营现金流DHCFUN
| Q1 26 | — | — | ||
| Q4 25 | $-19.6M | $-37.7M | ||
| Q3 25 | $-49.3M | $356.2M | ||
| Q2 25 | $53.0M | $187.0M | ||
| Q1 25 | $-3.2M | $-178.0M | ||
| Q4 24 | $112.2M | — | ||
| Q3 24 | $21.1M | $337.4M | ||
| Q2 24 | $44.3M | — |
自由现金流DHCFUN
| Q1 26 | — | — | ||
| Q4 25 | $-166.4M | $-109.3M | ||
| Q3 25 | $-89.8M | $256.2M | ||
| Q2 25 | $18.8M | $18.8M | ||
| Q1 25 | $-42.9M | $-318.0M | ||
| Q4 24 | $-89.5M | — | ||
| Q3 24 | $-26.1M | $227.7M | ||
| Q2 24 | $3.3M | — |
自由现金流率DHCFUN
| Q1 26 | — | — | ||
| Q4 25 | -43.8% | -16.8% | ||
| Q3 25 | -23.1% | 19.4% | ||
| Q2 25 | 4.9% | 2.0% | ||
| Q1 25 | -11.1% | -157.4% | ||
| Q4 24 | -23.6% | — | ||
| Q3 24 | -7.0% | 16.9% | ||
| Q2 24 | 0.9% | — |
资本支出强度DHCFUN
| Q1 26 | — | — | ||
| Q4 25 | 38.7% | 11.0% | ||
| Q3 25 | 10.4% | 7.6% | ||
| Q2 25 | 8.9% | 18.1% | ||
| Q1 25 | 10.2% | 69.3% | ||
| Q4 24 | 53.1% | — | ||
| Q3 24 | 12.6% | 8.1% | ||
| Q2 24 | 11.0% | — |
现金转化率DHCFUN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 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
DHC
| Senior Housing Operating Portfolio Segment | $323.4M | 85% |
| Rental Income | $56.2M | 15% |
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
