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Douglas Elliman Inc.（DOUG）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Douglas Elliman Inc.的1.5倍（$362.7M vs $245.4M），Douglas Elliman Inc.净利率更高（27.9% vs -10.7%，领先38.6%），Douglas Elliman Inc.自由现金流更多（$-14.7M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 10.7%）
Douglas Elliman Inc.是美国领先的住宅房地产经纪企业，提供高端房产买卖、租赁、物业管理及相关咨询服务，核心业务覆盖纽约、加州、佛罗里达、得克萨斯等都会区，主要服务高净值客户群体。
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。
DOUG vs VNET — 直观对比
营收规模更大
VNET
是对方的1.5倍
$245.4M
净利率更高
DOUG
高出38.6%
-10.7%
自由现金流更多
DOUG
多$178.4M
$-193.1M
两年增速更快
VNET
近两年复合增速
10.7%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $245.4M | $362.7M |
| 净利润 | $68.6M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 27.3% | 0.5% |
| 净利率 | 27.9% | -10.7% |
| 营收同比 | 0.9% | — |
| 净利润同比 | 1243.4% | — |
| 每股收益（稀释后） | $0.80 | — |
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DOUGVNET
| Q4 25 | $245.4M | — | ||
| Q3 25 | $262.8M | $362.7M | ||
| Q2 25 | $271.4M | — | ||
| Q1 25 | $253.4M | $309.5M | ||
| Q4 24 | $243.3M | — | ||
| Q3 24 | $266.3M | $302.2M | ||
| Q2 24 | $285.8M | $274.4M | ||
| Q1 24 | $200.2M | $262.9M |
净利润DOUGVNET
| Q4 25 | $68.6M | — | ||
| Q3 25 | $-24.7M | $-38.7M | ||
| Q2 25 | $-22.7M | — | ||
| Q1 25 | $-6.0M | $-2.4M | ||
| Q4 24 | $-6.0M | — | ||
| Q3 24 | $-27.2M | $-2.1M | ||
| Q2 24 | $-1.7M | $-1.1M | ||
| Q1 24 | $-41.5M | $-22.0M |
毛利率DOUGVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% |
营业利润率DOUGVNET
| Q4 25 | 27.3% | — | ||
| Q3 25 | -4.1% | 0.5% | ||
| Q2 25 | -2.0% | — | ||
| Q1 25 | -2.1% | 0.1% | ||
| Q4 24 | -6.7% | — | ||
| Q3 24 | -2.8% | 24.5% | ||
| Q2 24 | -1.3% | 0.2% | ||
| Q1 24 | -20.7% | 0.2% |
净利率DOUGVNET
| Q4 25 | 27.9% | — | ||
| Q3 25 | -9.4% | -10.7% | ||
| Q2 25 | -8.4% | — | ||
| Q1 25 | -2.4% | -0.8% | ||
| Q4 24 | -2.5% | — | ||
| Q3 24 | -10.2% | -0.7% | ||
| Q2 24 | -0.6% | -0.4% | ||
| Q1 24 | -20.7% | -8.4% |
每股收益（稀释后）DOUGVNET
| Q4 25 | $0.80 | — | ||
| Q3 25 | $-0.29 | — | ||
| Q2 25 | $-0.27 | — | ||
| Q1 25 | $-0.07 | — | ||
| Q4 24 | $-0.06 | — | ||
| Q3 24 | $-0.33 | — | ||
| Q2 24 | $-0.02 | — | ||
| Q1 24 | $-0.50 | — |
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 | $115.5M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $183.9M | $890.8M |
| 总资产 | $444.4M | $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DOUGVNET
| Q4 25 | $115.5M | — | ||
| Q3 25 | $143.0M | $492.1M | ||
| Q2 25 | $136.3M | — | ||
| Q1 25 | $136.8M | $544.3M | ||
| Q4 24 | $145.5M | — | ||
| Q3 24 | $151.4M | $219.5M | ||
| Q2 24 | $92.9M | $247.2M | ||
| Q1 24 | $91.5M | $246.9M |
总债务DOUGVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DOUGVNET
| Q4 25 | $183.9M | — | ||
| Q3 25 | $115.1M | $890.8M | ||
| Q2 25 | $137.6M | — | ||
| Q1 25 | $158.2M | $927.8M | ||
| Q4 24 | $162.2M | — | ||
| Q3 24 | $173.6M | $902.9M | ||
| Q2 24 | $196.9M | $900.6M | ||
| Q1 24 | $195.1M | $895.1M |
总资产DOUGVNET
| Q4 25 | $444.4M | — | ||
| Q3 25 | $480.6M | $6.1B | ||
| Q2 25 | $489.0M | — | ||
| Q1 25 | $493.9M | $5.4B | ||
| Q4 24 | $493.9M | — | ||
| Q3 24 | $502.7M | $4.3B | ||
| Q2 24 | $463.9M | $4.0B | ||
| Q1 24 | $461.1M | $3.9B |
负债/权益比DOUGVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 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 | $-14.4M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $-193.1M |
| 自由现金流率自由现金流/营收 | -6.0% | -53.2% |
| 资本支出强度资本支出/营收 | 0.1% | 84.6% |
| 现金转化率经营现金流/净利润 | -0.21× | — |
| 过去12个月自由现金流最近4个季度 | $-17.2M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流DOUGVNET
| Q4 25 | $-14.4M | — | ||
| Q3 25 | $5.5M | $113.8M | ||
| Q2 25 | $642.0K | — | ||
| Q1 25 | $-5.6M | $27.0M | ||
| Q4 24 | $-9.0M | — | ||
| Q3 24 | $9.0M | $108.3M | ||
| Q2 24 | $1.3M | $55.8M | ||
| Q1 24 | $-27.3M | $37.1M |
自由现金流DOUGVNET
| Q4 25 | $-14.7M | — | ||
| Q3 25 | $4.7M | $-193.1M | ||
| Q2 25 | $-575.0K | — | ||
| Q1 25 | $-6.7M | $-220.0M | ||
| Q4 24 | $-10.2M | — | ||
| Q3 24 | $7.7M | $-95.0M | ||
| Q2 24 | $432.0K | $-81.6M | ||
| Q1 24 | $-29.4M | $-102.2M |
自由现金流率DOUGVNET
| Q4 25 | -6.0% | — | ||
| Q3 25 | 1.8% | -53.2% | ||
| Q2 25 | -0.2% | — | ||
| Q1 25 | -2.6% | -71.1% | ||
| Q4 24 | -4.2% | — | ||
| Q3 24 | 2.9% | -31.4% | ||
| Q2 24 | 0.2% | -29.8% | ||
| Q1 24 | -14.7% | -38.9% |
资本支出强度DOUGVNET
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.3% | 84.6% | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 0.4% | 79.8% | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.5% | 67.3% | ||
| Q2 24 | 0.3% | 50.1% | ||
| Q1 24 | 1.0% | 53.0% |
现金转化率DOUGVNET
| Q4 25 | -0.21× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
VNET
暂无分部数据
