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六旗（FUN）与IHS Holding Ltd（IHS）财务数据对比。点击上方公司名可切换其他公司
IHS Holding Ltd的季度营收约是六旗的1.1倍（$254.0M vs $225.6M），六旗同比增速更快（11.7% vs 0.1%）
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。
IHS Holding是全球规模领先的共享通信基础设施独立持有、运营及开发企业之一，也是全球第五大独立跨国通信铁塔企业，业务覆盖非洲与拉美地区，为当地通信网络部署提供关键的铁塔基础设施支持。
FUN vs IHS — 直观对比
营收规模更大
IHS
是对方的1.1倍
$225.6M
营收增速更快
FUN
高出11.6%
0.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $254.0M |
| 净利润 | $-268.6M | — |
| 毛利率 | — | 83.6% |
| 营业利润率 | — | — |
| 净利率 | -119.0% | — |
| 营收同比 | 11.7% | 0.1% |
| 净利润同比 | -22.2% | — |
| 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FUNIHS
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $254.0M | ||
| Q3 25 | $1.3B | $455.1M | ||
| Q2 25 | $930.4M | $433.3M | ||
| Q1 25 | $202.1M | $439.6M | ||
| Q4 24 | — | $253.8M | ||
| Q3 24 | $1.3B | $420.3M | ||
| Q2 24 | $571.6M | $435.4M |
净利润FUNIHS
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | — | ||
| Q3 25 | $-1.2B | $147.4M | ||
| Q2 25 | $-99.6M | $32.3M | ||
| Q1 25 | $-219.7M | $30.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | $111.0M | $-205.7M | ||
| Q2 24 | $55.6M | $-124.3M |
毛利率FUNIHS
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | 83.6% | ||
| Q3 25 | 91.6% | 47.5% | ||
| Q2 25 | 91.3% | 51.3% | ||
| Q1 25 | 89.3% | 51.4% | ||
| Q4 24 | — | 72.1% | ||
| Q3 24 | 91.9% | 52.0% | ||
| Q2 24 | 90.7% | 52.5% |
营业利润率FUNIHS
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | — | ||
| Q3 25 | -83.7% | 35.1% | ||
| Q2 25 | 8.0% | 33.8% | ||
| Q1 25 | -158.9% | 37.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | 19.5% | 29.9% | ||
| Q2 24 | 21.6% | 34.0% |
净利率FUNIHS
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | — | ||
| Q3 25 | -90.1% | 32.4% | ||
| Q2 25 | -10.7% | 7.5% | ||
| Q1 25 | -108.7% | 7.0% | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.2% | -48.9% | ||
| Q2 24 | 9.7% | -28.5% |
每股收益（稀释后）FUNIHS
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | — | ||
| Q3 25 | $-11.77 | $0.44 | ||
| Q2 25 | $-0.99 | $0.10 | ||
| Q1 25 | $-2.20 | $0.10 | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.10 | $-0.61 | ||
| Q2 24 | — | $-0.36 |
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 | $116.5M | $825.7M |
| 总债务越低越好 | — | $3.1B |
| 股东权益账面价值 | $279.2M | $-89.8M |
| 总资产 | $7.7B | $4.5B |
| 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FUNIHS
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $825.7M | ||
| Q3 25 | $70.7M | $647.6M | ||
| Q2 25 | $107.4M | $531.8M | ||
| Q1 25 | $61.5M | $629.0M | ||
| Q4 24 | — | $578.0M | ||
| Q3 24 | $89.7M | $397.5M | ||
| Q2 24 | $52.9M | $445.7M |
总债务FUNIHS
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | $3.1B | ||
| Q3 25 | $5.0B | $3.3B | ||
| Q2 25 | $5.3B | $3.2B | ||
| Q1 25 | $5.0B | $3.4B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | $4.6B | $3.5B | ||
| Q2 24 | $2.3B | $3.6B |
股东权益FUNIHS
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $-89.8M | ||
| Q3 25 | $614.3M | $38.1M | ||
| Q2 25 | $1.8B | $-98.4M | ||
| Q1 25 | $1.8B | $-184.4M | ||
| Q4 24 | — | $-314.4M | ||
| Q3 24 | $2.3B | $-284.7M | ||
| Q2 24 | — | $-308.3M |
总资产FUNIHS
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $4.5B | ||
| Q3 25 | $7.9B | $4.7B | ||
| Q2 25 | $9.5B | $4.5B | ||
| Q1 25 | $9.2B | $4.4B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | $9.4B | $4.6B | ||
| Q2 24 | $2.3B | $4.5B |
负债/权益比FUNIHS
| Q1 26 | — | — | ||
| Q4 25 | 9.40× | — | ||
| Q3 25 | 8.16× | 85.85× | ||
| Q2 25 | 2.97× | — | ||
| Q1 25 | 2.75× | — | ||
| Q4 24 | — | — | ||
| 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 | — | $246.9M |
| 自由现金流经营现金流 - 资本支出 | — | $178.6M |
| 自由现金流率自由现金流/营收 | — | 70.3% |
| 资本支出强度资本支出/营收 | — | 26.9% |
| 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 | — | $718.7M |
8季度趋势，按日历期对齐
经营现金流FUNIHS
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $246.9M | ||
| Q3 25 | $356.2M | $251.3M | ||
| Q2 25 | $187.0M | $237.7M | ||
| Q1 25 | $-178.0M | $200.3M | ||
| Q4 24 | — | $344.4M | ||
| Q3 24 | $337.4M | $174.5M | ||
| Q2 24 | — | $134.7M |
自由现金流FUNIHS
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $178.6M | ||
| Q3 25 | $256.2M | $189.2M | ||
| Q2 25 | $18.8M | $197.7M | ||
| Q1 25 | $-318.0M | $153.2M | ||
| Q4 24 | — | $282.9M | ||
| Q3 24 | $227.7M | $122.3M | ||
| Q2 24 | — | $74.2M |
自由现金流率FUNIHS
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 70.3% | ||
| Q3 25 | 19.4% | 41.6% | ||
| Q2 25 | 2.0% | 45.6% | ||
| Q1 25 | -157.4% | 34.8% | ||
| Q4 24 | — | 111.5% | ||
| Q3 24 | 16.9% | 29.1% | ||
| Q2 24 | — | 17.0% |
资本支出强度FUNIHS
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 26.9% | ||
| Q3 25 | 7.6% | 13.6% | ||
| Q2 25 | 18.1% | 9.2% | ||
| Q1 25 | 69.3% | 10.7% | ||
| Q4 24 | — | 24.2% | ||
| Q3 24 | 8.1% | 12.4% | ||
| Q2 24 | — | 13.9% |
现金转化率FUNIHS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | — | 7.36× | ||
| Q1 25 | — | 6.52× | ||
| 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
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
IHS
暂无分部数据
