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DIAMOND HILL INVESTMENT GROUP INC（DHIL）与READING INTERNATIONAL INC（RDI）财务数据对比。点击上方公司名可切换其他公司
READING INTERNATIONAL INC的季度营收约是DIAMOND HILL INVESTMENT GROUP INC的1.4倍（$50.3M vs $36.6M），DIAMOND HILL INVESTMENT GROUP INC净利率更高（25.3% vs -5.1%，领先30.4%），DIAMOND HILL INVESTMENT GROUP INC同比增速更快（-6.6% vs -14.2%），READING INTERNATIONAL INC自由现金流更多（$4.1M vs $-9.1M），过去两年READING INTERNATIONAL INC的营收复合增速更高（5.6% vs 0.4%）
钻石棒球控股（DBH）是一家美国体育产权持有与运营集团，在美国和加拿大拥有并运营超过40支小联盟棒球队。该公司由媒体集团奋进集团于2021年成立，目前是投资机构银湖旗下的子公司，专注于北美小联盟棒球产业的运营与发展。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
DHIL vs RDI — 直观对比
营收规模更大
RDI
是对方的1.4倍
$36.6M
营收增速更快
DHIL
高出7.6%
-14.2%
净利率更高
DHIL
高出30.4%
-5.1%
自由现金流更多
RDI
多$13.2M
$-9.1M
两年增速更快
RDI
近两年复合增速
0.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $36.6M | $50.3M |
| 净利润 | $9.3M | $-2.6M |
| 毛利率 | — | — |
| 营业利润率 | 16.9% | -1.9% |
| 净利率 | 25.3% | -5.1% |
| 营收同比 | -6.6% | -14.2% |
| 净利润同比 | 25.3% | -14.5% |
| 每股收益（稀释后） | $3.42 | $-0.11 |
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DHILRDI
| Q4 25 | $36.6M | $50.3M | ||
| Q3 25 | $37.4M | $52.2M | ||
| Q2 25 | $36.0M | $60.4M | ||
| Q1 25 | $37.1M | $40.2M | ||
| Q4 24 | $39.1M | $58.6M | ||
| Q3 24 | $39.0M | $60.1M | ||
| Q2 24 | $36.7M | $46.8M | ||
| Q1 24 | $36.3M | $45.1M |
净利润DHILRDI
| Q4 25 | $9.3M | $-2.6M | ||
| Q3 25 | $13.6M | $-4.2M | ||
| Q2 25 | $15.6M | $-2.7M | ||
| Q1 25 | $10.4M | $-4.8M | ||
| Q4 24 | $7.4M | $-2.2M | ||
| Q3 24 | $14.6M | $-7.0M | ||
| Q2 24 | $8.1M | $-12.8M | ||
| Q1 24 | $13.0M | $-13.2M |
营业利润率DHILRDI
| Q4 25 | 16.9% | -1.9% | ||
| Q3 25 | 26.0% | -0.6% | ||
| Q2 25 | 21.6% | 4.8% | ||
| Q1 25 | 35.2% | -17.2% | ||
| Q4 24 | 33.8% | 2.6% | ||
| Q3 24 | 26.2% | -0.6% | ||
| Q2 24 | 33.1% | -16.4% | ||
| Q1 24 | 22.9% | -16.7% |
净利率DHILRDI
| Q4 25 | 25.3% | -5.1% | ||
| Q3 25 | 36.2% | -8.0% | ||
| Q2 25 | 43.2% | -4.4% | ||
| Q1 25 | 27.9% | -11.8% | ||
| Q4 24 | 18.9% | -3.8% | ||
| Q3 24 | 37.5% | -11.7% | ||
| Q2 24 | 22.2% | -27.4% | ||
| Q1 24 | 35.9% | -29.4% |
每股收益（稀释后）DHILRDI
| Q4 25 | $3.42 | $-0.11 | ||
| Q3 25 | $4.99 | $-0.18 | ||
| Q2 25 | $5.73 | $-0.12 | ||
| Q1 25 | $3.77 | $-0.21 | ||
| Q4 24 | $2.76 | $-0.11 | ||
| Q3 24 | $5.35 | $-0.31 | ||
| Q2 24 | $2.93 | $-0.57 | ||
| Q1 24 | $4.62 | $-0.59 |
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 | — | $10.5M |
| 总债务越低越好 | — | $185.1M |
| 股东权益账面价值 | $176.4M | $-18.2M |
| 总资产 | $260.4M | $434.9M |
| 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DHILRDI
| Q4 25 | — | $10.5M | ||
| Q3 25 | — | $8.1M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | $41.6M | $12.4M | ||
| Q3 24 | — | $10.1M | ||
| Q2 24 | — | $9.3M | ||
| Q1 24 | — | $7.5M |
总债务DHILRDI
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DHILRDI
| Q4 25 | $176.4M | $-18.2M | ||
| Q3 25 | $180.9M | $-12.1M | ||
| Q2 25 | $171.6M | $-7.7M | ||
| Q1 25 | $168.6M | $-8.1M | ||
| Q4 24 | $162.3M | $-4.4M | ||
| Q3 24 | $166.5M | $1.6M | ||
| Q2 24 | $156.5M | $6.5M | ||
| Q1 24 | $158.3M | $18.0M |
总资产DHILRDI
| Q4 25 | $260.4M | $434.9M | ||
| Q3 25 | $256.3M | $435.2M | ||
| Q2 25 | $261.0M | $438.1M | ||
| Q1 25 | $224.4M | $441.0M | ||
| Q4 24 | $245.1M | $471.0M | ||
| Q3 24 | $240.8M | $495.7M | ||
| Q2 24 | $213.1M | $494.9M | ||
| Q1 24 | $209.1M | $494.9M |
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 | $-6.6M | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $-9.1M | $4.1M |
| 自由现金流率自由现金流/营收 | -24.8% | 8.2% |
| 资本支出强度资本支出/营收 | 6.7% | 0.3% |
| 现金转化率经营现金流/净利润 | -0.71× | — |
| 过去12个月自由现金流最近4个季度 | $-34.3M | $-2.9M |
8季度趋势，按日历期对齐
经营现金流DHILRDI
| Q4 25 | $-6.6M | $4.3M | ||
| Q3 25 | $-7.7M | $295.0K | ||
| Q2 25 | $-5.0M | $1.6M | ||
| Q1 25 | $-10.7M | $-7.7M | ||
| Q4 24 | $16.6M | $8.0M | ||
| Q3 24 | $18.5M | $1.3M | ||
| Q2 24 | $19.2M | $-10.4M | ||
| Q1 24 | $-12.3M | $-2.8M |
自由现金流DHILRDI
| Q4 25 | $-9.1M | $4.1M | ||
| Q3 25 | $-8.3M | $-246.0K | ||
| Q2 25 | $-5.7M | $1.2M | ||
| Q1 25 | $-11.3M | $-8.0M | ||
| Q4 24 | $15.2M | $7.0M | ||
| Q3 24 | $18.3M | $-1.1M | ||
| Q2 24 | $19.2M | $-10.6M | ||
| Q1 24 | $-12.4M | $-4.7M |
自由现金流率DHILRDI
| Q4 25 | -24.8% | 8.2% | ||
| Q3 25 | -22.2% | -0.5% | ||
| Q2 25 | -15.8% | 1.9% | ||
| Q1 25 | -30.4% | -19.8% | ||
| Q4 24 | 38.9% | 12.0% | ||
| Q3 24 | 46.8% | -1.8% | ||
| Q2 24 | 52.4% | -22.7% | ||
| Q1 24 | -34.2% | -10.4% |
资本支出强度DHILRDI
| Q4 25 | 6.7% | 0.3% | ||
| Q3 25 | 1.6% | 1.0% | ||
| Q2 25 | 2.0% | 0.6% | ||
| Q1 25 | 1.5% | 0.6% | ||
| Q4 24 | 3.5% | 1.7% | ||
| Q3 24 | 0.7% | 4.0% | ||
| Q2 24 | 0.0% | 0.5% | ||
| Q1 24 | 0.4% | 4.3% |
现金转化率DHILRDI
| Q4 25 | -0.71× | — | ||
| Q3 25 | -0.57× | — | ||
| Q2 25 | -0.32× | — | ||
| Q1 25 | -1.04× | — | ||
| Q4 24 | 2.25× | — | ||
| Q3 24 | 1.26× | — | ||
| Q2 24 | 2.36× | — | ||
| Q1 24 | -0.94× | — |
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
DHIL
| Proprietary Funds | $26.0M | 71% |
| Separately Managed Accounts | $5.0M | 14% |
| Other Pooled Vehicles | $2.8M | 8% |
| Administration Revenuenetofrelatedexpense | $1.7M | 5% |
| Collective Investment Trusts | $1.4M | 4% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
