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六旗（FUN）与Monolithic Power Systems（MPWR）财务数据对比。点击上方公司名可切换其他公司
Monolithic Power Systems的季度营收约是六旗的1.2倍（$804.2M vs $650.1M），Monolithic Power Systems净利率更高（24.0% vs -14.2%，领先38.2%）
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。
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
FUN vs MPWR — 直观对比
营收规模更大
MPWR
是对方的1.2倍
$650.1M
净利率更高
MPWR
高出38.2%
-14.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $650.1M | $804.2M |
| 净利润 | $-92.4M | $193.2M |
| 毛利率 | 91.4% | 55.3% |
| 营业利润率 | -3.8% | 30.0% |
| 净利率 | -14.2% | 24.0% |
| 营收同比 | — | 26.1% |
| 净利润同比 | — | 43.1% |
| 每股收益（稀释后） | $-0.93 | $3.92 |
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FUNMPWR
| Q1 26 | — | $804.2M | ||
| Q4 25 | $650.1M | $751.2M | ||
| Q3 25 | $1.3B | $737.2M | ||
| Q2 25 | $930.4M | $664.6M | ||
| Q1 25 | $202.1M | $637.6M | ||
| Q4 24 | — | $621.7M | ||
| Q3 24 | $1.3B | $620.1M | ||
| Q2 24 | $571.6M | $507.4M |
净利润FUNMPWR
| Q1 26 | — | $193.2M | ||
| Q4 25 | $-92.4M | $171.7M | ||
| Q3 25 | $-1.2B | $179.8M | ||
| Q2 25 | $-99.6M | $135.0M | ||
| Q1 25 | $-219.7M | $135.1M | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $111.0M | $144.4M | ||
| Q2 24 | $55.6M | $100.4M |
毛利率FUNMPWR
| Q1 26 | — | 55.3% | ||
| Q4 25 | 91.4% | 55.2% | ||
| Q3 25 | 91.6% | 55.1% | ||
| Q2 25 | 91.3% | 55.1% | ||
| Q1 25 | 89.3% | 55.4% | ||
| Q4 24 | — | 55.4% | ||
| Q3 24 | 91.9% | 55.4% | ||
| Q2 24 | 90.7% | 55.3% |
营业利润率FUNMPWR
| Q1 26 | — | 30.0% | ||
| Q4 25 | -3.8% | 26.6% | ||
| Q3 25 | -83.7% | 26.5% | ||
| Q2 25 | 8.0% | 24.8% | ||
| Q1 25 | -158.9% | 26.5% | ||
| Q4 24 | — | 26.3% | ||
| Q3 24 | 19.5% | 26.5% | ||
| Q2 24 | 21.6% | 23.0% |
净利率FUNMPWR
| Q1 26 | — | 24.0% | ||
| Q4 25 | -14.2% | 22.9% | ||
| Q3 25 | -90.1% | 24.4% | ||
| Q2 25 | -10.7% | 20.3% | ||
| Q1 25 | -108.7% | 21.2% | ||
| Q4 24 | — | 201.8% | ||
| Q3 24 | 8.2% | 23.3% | ||
| Q2 24 | 9.7% | 19.8% |
每股收益（稀释后）FUNMPWR
| Q1 26 | — | $3.92 | ||
| Q4 25 | $-0.93 | $3.50 | ||
| Q3 25 | $-11.77 | $3.74 | ||
| Q2 25 | $-0.99 | $2.81 | ||
| Q1 25 | $-2.20 | $2.81 | ||
| Q4 24 | — | $25.71 | ||
| Q3 24 | $1.10 | $2.95 | ||
| Q2 24 | — | $2.05 |
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 | $91.1M | $1.4B |
| 总债务越低越好 | $5.2B | — |
| 股东权益账面价值 | $549.8M | $3.7B |
| 总资产 | $7.8B | $4.4B |
| 负债/权益比越低杠杆越低 | 9.40× | — |
8季度趋势，按日历期对齐
现金及短期投资FUNMPWR
| Q1 26 | — | $1.4B | ||
| Q4 25 | $91.1M | $1.3B | ||
| Q3 25 | $70.7M | $1.3B | ||
| Q2 25 | $107.4M | $1.1B | ||
| Q1 25 | $61.5M | $1.0B | ||
| Q4 24 | — | $862.9M | ||
| Q3 24 | $89.7M | $1.5B | ||
| Q2 24 | $52.9M | $1.3B |
总债务FUNMPWR
| 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FUNMPWR
| Q1 26 | — | $3.7B | ||
| Q4 25 | $549.8M | $3.5B | ||
| Q3 25 | $614.3M | $3.4B | ||
| Q2 25 | $1.8B | $3.2B | ||
| Q1 25 | $1.8B | $3.1B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | $2.3B | $2.4B | ||
| Q2 24 | — | $2.2B |
总资产FUNMPWR
| Q1 26 | — | $4.4B | ||
| Q4 25 | $7.8B | $4.2B | ||
| Q3 25 | $7.9B | $4.1B | ||
| Q2 25 | $9.5B | $3.9B | ||
| Q1 25 | $9.2B | $3.7B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | $9.4B | $2.9B | ||
| Q2 24 | $2.3B | $2.6B |
负债/权益比FUNMPWR
| 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 | $-37.7M | — |
| 自由现金流经营现金流 - 资本支出 | $-109.3M | — |
| 自由现金流率自由现金流/营收 | -16.8% | — |
| 资本支出强度资本支出/营收 | 11.0% | — |
| 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 | $-152.2M | — |
8季度趋势，按日历期对齐
经营现金流FUNMPWR
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $104.9M | ||
| Q3 25 | $356.2M | $239.3M | ||
| Q2 25 | $187.0M | $237.6M | ||
| Q1 25 | $-178.0M | $256.4M | ||
| Q4 24 | — | $167.7M | ||
| Q3 24 | $337.4M | $231.7M | ||
| Q2 24 | — | $141.0M |
自由现金流FUNMPWR
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $63.9M | ||
| Q3 25 | $256.2M | $196.8M | ||
| Q2 25 | $18.8M | $189.5M | ||
| Q1 25 | $-318.0M | $216.0M | ||
| Q4 24 | — | $102.9M | ||
| Q3 24 | $227.7M | $197.9M | ||
| Q2 24 | — | $109.5M |
自由现金流率FUNMPWR
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 8.5% | ||
| Q3 25 | 19.4% | 26.7% | ||
| Q2 25 | 2.0% | 28.5% | ||
| Q1 25 | -157.4% | 33.9% | ||
| Q4 24 | — | 16.5% | ||
| Q3 24 | 16.9% | 31.9% | ||
| Q2 24 | — | 21.6% |
资本支出强度FUNMPWR
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 5.5% | ||
| Q3 25 | 7.6% | 5.8% | ||
| Q2 25 | 18.1% | 7.2% | ||
| Q1 25 | 69.3% | 6.3% | ||
| Q4 24 | — | 10.4% | ||
| Q3 24 | 8.1% | 5.5% | ||
| Q2 24 | — | 6.2% |
现金转化率FUNMPWR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 1.90× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | 3.04× | 1.60× | ||
| Q2 24 | — | 1.40× |
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
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
MPWR
暂无分部数据
