vs
六旗（FUN）与LEE ENTERPRISES, Inc（LEE）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是LEE ENTERPRISES, Inc的1.7倍（$225.6M vs $130.1M），LEE ENTERPRISES, Inc净利率更高（-4.3% vs -119.0%，领先114.7%），六旗同比增速更快（11.7% vs -10.0%）
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。
李企业是一家上市美国传媒企业，在全美25个州运营着72份日报，同时还经营超过350份周报、分类广告刊物及各类专业刊物。公司由阿尔弗雷德·威尔逊·李于1890年创立，总部坐落于爱荷华州达文波特。
FUN vs LEE — 直观对比
营收规模更大
FUN
是对方的1.7倍
$130.1M
营收增速更快
FUN
高出21.7%
-10.0%
净利率更高
LEE
高出114.7%
-119.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $130.1M |
| 净利润 | $-268.6M | $-5.6M |
| 毛利率 | — | — |
| 营业利润率 | — | 4.0% |
| 净利率 | -119.0% | -4.3% |
| 营收同比 | 11.7% | -10.0% |
| 净利润同比 | -22.2% | 66.5% |
| 每股收益（稀释后） | — | $-0.92 |
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FUNLEE
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $130.1M | ||
| Q3 25 | $1.3B | $139.1M | ||
| Q2 25 | $930.4M | $141.3M | ||
| Q1 25 | $202.1M | $137.4M | ||
| Q4 24 | — | $144.6M | ||
| Q3 24 | $1.3B | $158.6M | ||
| Q2 24 | $571.6M | $150.6M |
净利润FUNLEE
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $-5.6M | ||
| Q3 25 | $-1.2B | $-6.4M | ||
| Q2 25 | $-99.6M | $-1.9M | ||
| Q1 25 | $-219.7M | $-12.5M | ||
| Q4 24 | — | $-16.7M | ||
| Q3 24 | $111.0M | $-10.1M | ||
| Q2 24 | $55.6M | $-4.3M |
毛利率FUNLEE
| 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FUNLEE
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 4.0% | ||
| Q3 25 | -83.7% | -1.0% | ||
| Q2 25 | 8.0% | 3.3% | ||
| Q1 25 | -158.9% | -3.3% | ||
| Q4 24 | — | -2.3% | ||
| Q3 24 | 19.5% | -2.3% | ||
| Q2 24 | 21.6% | 3.3% |
净利率FUNLEE
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | -4.3% | ||
| Q3 25 | -90.1% | -4.6% | ||
| Q2 25 | -10.7% | -1.4% | ||
| Q1 25 | -108.7% | -9.1% | ||
| Q4 24 | — | -11.6% | ||
| Q3 24 | 8.2% | -6.4% | ||
| Q2 24 | 9.7% | -2.8% |
每股收益（稀释后）FUNLEE
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $-0.92 | ||
| Q3 25 | $-11.77 | $-1.02 | ||
| Q2 25 | $-0.99 | $-0.31 | ||
| Q1 25 | $-2.20 | $-2.07 | ||
| Q4 24 | — | $-2.80 | ||
| Q3 24 | $1.10 | $-1.68 | ||
| Q2 24 | — | $-0.73 |
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 | $12.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $-48.7M |
| 总资产 | $7.7B | $592.6M |
| 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FUNLEE
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $12.6M | ||
| Q3 25 | $70.7M | $10.0M | ||
| Q2 25 | $107.4M | $14.1M | ||
| Q1 25 | $61.5M | $4.7M | ||
| Q4 24 | — | $6.1M | ||
| Q3 24 | $89.7M | $9.6M | ||
| Q2 24 | $52.9M | $13.4M |
总债务FUNLEE
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.3B | — | ||
| Q1 25 | $5.0B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $2.3B | — |
股东权益FUNLEE
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $-48.7M | ||
| Q3 25 | $614.3M | $-43.3M | ||
| Q2 25 | $1.8B | $-40.5M | ||
| Q1 25 | $1.8B | $-38.9M | ||
| Q4 24 | — | $-26.7M | ||
| Q3 24 | $2.3B | $-9.9M | ||
| Q2 24 | — | $4.0M |
总资产FUNLEE
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $592.6M | ||
| Q3 25 | $7.9B | $601.7M | ||
| Q2 25 | $9.5B | $622.7M | ||
| Q1 25 | $9.2B | $623.9M | ||
| Q4 24 | — | $633.0M | ||
| Q3 24 | $9.4B | $649.2M | ||
| Q2 24 | $2.3B | $677.5M |
负债/权益比FUNLEE
| Q1 26 | — | — | ||
| Q4 25 | 9.40× | — | ||
| Q3 25 | 8.16× | — | ||
| 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 | — | $4.5M |
| 自由现金流经营现金流 - 资本支出 | — | $3.7M |
| 自由现金流率自由现金流/营收 | — | 2.9% |
| 资本支出强度资本支出/营收 | — | 0.6% |
| 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 | — | $1.5M |
8季度趋势，按日历期对齐
经营现金流FUNLEE
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $4.5M | ||
| Q3 25 | $356.2M | $-6.3M | ||
| Q2 25 | $187.0M | $8.9M | ||
| Q1 25 | $-178.0M | $-790.0K | ||
| Q4 24 | — | $-7.3M | ||
| Q3 24 | $337.4M | $-261.0K | ||
| Q2 24 | — | $-1.9M |
自由现金流FUNLEE
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $3.7M | ||
| Q3 25 | $256.2M | $-8.3M | ||
| Q2 25 | $18.8M | $8.3M | ||
| Q1 25 | $-318.0M | $-2.2M | ||
| Q4 24 | — | $-8.9M | ||
| Q3 24 | $227.7M | $-2.9M | ||
| Q2 24 | — | $-5.5M |
自由现金流率FUNLEE
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 2.9% | ||
| Q3 25 | 19.4% | -6.0% | ||
| Q2 25 | 2.0% | 5.9% | ||
| Q1 25 | -157.4% | -1.6% | ||
| Q4 24 | — | -6.1% | ||
| Q3 24 | 16.9% | -1.8% | ||
| Q2 24 | — | -3.6% |
资本支出强度FUNLEE
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 0.6% | ||
| Q3 25 | 7.6% | 1.4% | ||
| Q2 25 | 18.1% | 0.4% | ||
| Q1 25 | 69.3% | 1.0% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | 8.1% | 1.7% | ||
| Q2 24 | — | 2.4% |
现金转化率FUNLEE
| 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
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
LEE
| Advertising And Marketing Services | $60.0M | 46% |
| Subscription And Circulation | $57.7M | 44% |
| Other | $12.4M | 10% |
