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六旗（FUN）与莱迪思半导体（LSCC）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莱迪思半导体的1.5倍（$225.6M vs $145.8M），莱迪思半导体净利率更高（-5.2% vs -119.0%，领先113.8%），莱迪思半导体同比增速更快（24.2% vs 11.7%）
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。
莱迪思半导体是美国专注于低功耗现场可编程门阵列（FPGA）设计制造的半导体企业，1983年成立，1989年上市，总部位于俄勒冈州希尔斯伯勒硅林区，在圣何塞、上海、马尼拉、槟城、新加坡等地设有运营网点，截至2022年员工超1000人，年营收超6.6亿美元。
FUN vs LSCC — 直观对比
营收规模更大
FUN
是对方的1.5倍
$145.8M
营收增速更快
LSCC
高出12.5%
11.7%
净利率更高
LSCC
高出113.8%
-119.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $145.8M |
| 净利润 | $-268.6M | $-7.6M |
| 毛利率 | — | 68.5% |
| 营业利润率 | — | 0.7% |
| 净利率 | -119.0% | -5.2% |
| 营收同比 | 11.7% | 24.2% |
| 净利润同比 | -22.2% | -146.3% |
| 每股收益（稀释后） | — | $-0.06 |
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FUNLSCC
| Q1 26 | $225.6M | $145.8M | ||
| Q4 25 | $650.1M | — | ||
| Q3 25 | $1.3B | $133.3M | ||
| Q2 25 | $930.4M | $124.0M | ||
| Q1 25 | $202.1M | $120.2M | ||
| Q4 24 | — | $117.4M | ||
| Q3 24 | $1.3B | $127.1M | ||
| Q2 24 | $571.6M | $124.1M |
净利润FUNLSCC
| Q1 26 | $-268.6M | $-7.6M | ||
| Q4 25 | $-92.4M | — | ||
| Q3 25 | $-1.2B | $2.8M | ||
| Q2 25 | $-99.6M | $2.9M | ||
| Q1 25 | $-219.7M | $5.0M | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | $111.0M | $7.2M | ||
| Q2 24 | $55.6M | $22.6M |
毛利率FUNLSCC
| Q1 26 | — | 68.5% | ||
| Q4 25 | 91.4% | — | ||
| Q3 25 | 91.6% | 67.9% | ||
| Q2 25 | 91.3% | 68.4% | ||
| Q1 25 | 89.3% | 68.0% | ||
| Q4 24 | — | 61.1% | ||
| Q3 24 | 91.9% | 69.0% | ||
| Q2 24 | 90.7% | 68.3% |
营业利润率FUNLSCC
| Q1 26 | — | 0.7% | ||
| Q4 25 | -3.8% | — | ||
| Q3 25 | -83.7% | -1.2% | ||
| Q2 25 | 8.0% | 3.8% | ||
| Q1 25 | -158.9% | 5.8% | ||
| Q4 24 | — | -10.4% | ||
| Q3 24 | 19.5% | 5.9% | ||
| Q2 24 | 21.6% | 18.2% |
净利率FUNLSCC
| Q1 26 | -119.0% | -5.2% | ||
| Q4 25 | -14.2% | — | ||
| Q3 25 | -90.1% | 2.1% | ||
| Q2 25 | -10.7% | 2.3% | ||
| Q1 25 | -108.7% | 4.2% | ||
| Q4 24 | — | 14.1% | ||
| Q3 24 | 8.2% | 5.7% | ||
| Q2 24 | 9.7% | 18.2% |
每股收益（稀释后）FUNLSCC
| Q1 26 | — | $-0.06 | ||
| Q4 25 | $-0.93 | — | ||
| Q3 25 | $-11.77 | $0.02 | ||
| Q2 25 | $-0.99 | $0.02 | ||
| Q1 25 | $-2.20 | $0.04 | ||
| Q4 24 | — | $0.12 | ||
| Q3 24 | $1.10 | $0.05 | ||
| Q2 24 | — | $0.16 |
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 | $133.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $714.1M |
| 总资产 | $7.7B | $883.1M |
| 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FUNLSCC
| Q1 26 | $116.5M | $133.9M | ||
| Q4 25 | $91.1M | — | ||
| Q3 25 | $70.7M | $117.9M | ||
| Q2 25 | $107.4M | $107.2M | ||
| Q1 25 | $61.5M | $127.6M | ||
| Q4 24 | — | $136.3M | ||
| Q3 24 | $89.7M | $124.3M | ||
| Q2 24 | $52.9M | $109.2M |
总债务FUNLSCC
| 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FUNLSCC
| Q1 26 | $279.2M | $714.1M | ||
| Q4 25 | $549.8M | — | ||
| Q3 25 | $614.3M | $706.4M | ||
| Q2 25 | $1.8B | $687.0M | ||
| Q1 25 | $1.8B | $707.9M | ||
| Q4 24 | — | $710.9M | ||
| Q3 24 | $2.3B | $703.5M | ||
| Q2 24 | — | $698.8M |
总资产FUNLSCC
| Q1 26 | $7.7B | $883.1M | ||
| Q4 25 | $7.8B | — | ||
| Q3 25 | $7.9B | $844.4M | ||
| Q2 25 | $9.5B | $808.6M | ||
| Q1 25 | $9.2B | $823.6M | ||
| Q4 24 | — | $843.9M | ||
| Q3 24 | $9.4B | $853.7M | ||
| Q2 24 | $2.3B | $827.5M |
负债/权益比FUNLSCC
| 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 | — | $57.6M |
| 自由现金流经营现金流 - 资本支出 | — | $44.0M |
| 自由现金流率自由现金流/营收 | — | 30.2% |
| 资本支出强度资本支出/营收 | — | 9.3% |
| 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 | — | $132.6M |
8季度趋势，按日历期对齐
经营现金流FUNLSCC
| Q1 26 | — | $57.6M | ||
| Q4 25 | $-37.7M | — | ||
| Q3 25 | $356.2M | $47.1M | ||
| Q2 25 | $187.0M | $38.5M | ||
| Q1 25 | $-178.0M | $31.9M | ||
| Q4 24 | — | $45.4M | ||
| Q3 24 | $337.4M | $44.0M | ||
| Q2 24 | — | $21.9M |
自由现金流FUNLSCC
| Q1 26 | — | $44.0M | ||
| Q4 25 | $-109.3M | — | ||
| Q3 25 | $256.2M | $34.0M | ||
| Q2 25 | $18.8M | $31.3M | ||
| Q1 25 | $-318.0M | $23.3M | ||
| Q4 24 | — | $39.7M | ||
| Q3 24 | $227.7M | $39.4M | ||
| Q2 24 | — | $14.8M |
自由现金流率FUNLSCC
| Q1 26 | — | 30.2% | ||
| Q4 25 | -16.8% | — | ||
| Q3 25 | 19.4% | 25.5% | ||
| Q2 25 | 2.0% | 25.2% | ||
| Q1 25 | -157.4% | 19.4% | ||
| Q4 24 | — | 33.8% | ||
| Q3 24 | 16.9% | 31.0% | ||
| Q2 24 | — | 11.9% |
资本支出强度FUNLSCC
| Q1 26 | — | 9.3% | ||
| Q4 25 | 11.0% | — | ||
| Q3 25 | 7.6% | 9.8% | ||
| Q2 25 | 18.1% | 5.8% | ||
| Q1 25 | 69.3% | 7.2% | ||
| Q4 24 | — | 4.9% | ||
| Q3 24 | 8.1% | 3.7% | ||
| Q2 24 | — | 5.8% |
现金转化率FUNLSCC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 16.86× | ||
| Q2 25 | — | 13.23× | ||
| Q1 25 | — | 6.35× | ||
| Q4 24 | — | 2.75× | ||
| Q3 24 | 3.04× | 6.12× | ||
| Q2 24 | — | 0.97× |
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% |
LSCC
| Asia | $106.3M | 73% |
| Americas | $21.0M | 14% |
| Europe | $18.5M | 13% |
