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六旗（FUN）与National Storage Affiliates Trust（NSA）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National Storage Affiliates Trust的1.2倍（$225.6M vs $187.0M），National Storage Affiliates Trust净利率更高（12.2% vs -119.0%，领先131.3%），六旗同比增速更快（11.7% vs -1.6%）
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。
National Storage Affiliates Trust是一家总部位于美国的房地产投资信托，专注于自助仓储资产，在美国数十个州持有、运营及收购自助仓储设施，为居民和商业客户提供安全的存储服务。
FUN vs NSA — 直观对比
营收规模更大
FUN
是对方的1.2倍
$187.0M
营收增速更快
FUN
高出13.3%
-1.6%
净利率更高
NSA
高出131.3%
-119.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $187.0M |
| 净利润 | $-268.6M | $22.9M |
| 毛利率 | — | 72.5% |
| 营业利润率 | — | 20.2% |
| 净利率 | -119.0% | 12.2% |
| 营收同比 | 11.7% | -1.6% |
| 净利润同比 | -22.2% | 36.8% |
| 每股收益（稀释后） | — | $0.23 |
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FUNNSA
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $187.0M | ||
| Q3 25 | $1.3B | $188.7M | ||
| Q2 25 | $930.4M | $188.8M | ||
| Q1 25 | $202.1M | $188.4M | ||
| Q4 24 | — | $190.1M | ||
| Q3 24 | $1.3B | $193.6M | ||
| Q2 24 | $571.6M | $190.4M |
净利润FUNNSA
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $22.9M | ||
| Q3 25 | $-1.2B | $18.4M | ||
| Q2 25 | $-99.6M | $19.5M | ||
| Q1 25 | $-219.7M | $13.0M | ||
| Q4 24 | — | $16.7M | ||
| Q3 24 | $111.0M | $18.7M | ||
| Q2 24 | $55.6M | $17.1M |
毛利率FUNNSA
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | 72.5% | ||
| Q3 25 | 91.6% | 70.7% | ||
| Q2 25 | 91.3% | 70.5% | ||
| Q1 25 | 89.3% | 70.7% | ||
| Q4 24 | — | 72.5% | ||
| Q3 24 | 91.9% | 72.8% | ||
| Q2 24 | 90.7% | 72.6% |
营业利润率FUNNSA
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 20.2% | ||
| Q3 25 | -83.7% | 15.8% | ||
| Q2 25 | 8.0% | 16.5% | ||
| Q1 25 | -158.9% | 11.0% | ||
| Q4 24 | — | 14.5% | ||
| Q3 24 | 19.5% | 15.8% | ||
| Q2 24 | 21.6% | 17.2% |
净利率FUNNSA
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | 12.2% | ||
| Q3 25 | -90.1% | 9.8% | ||
| Q2 25 | -10.7% | 10.3% | ||
| Q1 25 | -108.7% | 6.9% | ||
| Q4 24 | — | 8.8% | ||
| Q3 24 | 8.2% | 9.7% | ||
| Q2 24 | 9.7% | 9.0% |
每股收益（稀释后）FUNNSA
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $0.23 | ||
| Q3 25 | $-11.77 | $0.17 | ||
| Q2 25 | $-0.99 | $0.19 | ||
| Q1 25 | $-2.20 | $0.10 | ||
| Q4 24 | — | $0.19 | ||
| Q3 24 | $1.10 | $0.18 | ||
| 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 | $23.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $946.0M |
| 总资产 | $7.7B | $5.1B |
| 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FUNNSA
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $23.3M | ||
| Q3 25 | $70.7M | $26.3M | ||
| Q2 25 | $107.4M | $26.1M | ||
| Q1 25 | $61.5M | $19.3M | ||
| Q4 24 | — | $50.4M | ||
| Q3 24 | $89.7M | $69.9M | ||
| Q2 24 | $52.9M | $59.0M |
总债务FUNNSA
| 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FUNNSA
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $946.0M | ||
| Q3 25 | $614.3M | $973.1M | ||
| Q2 25 | $1.8B | $1.0B | ||
| Q1 25 | $1.8B | $1.0B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $2.3B | $986.9M | ||
| Q2 24 | — | $1.2B |
总资产FUNNSA
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $5.1B | ||
| Q3 25 | $7.9B | $5.1B | ||
| Q2 25 | $9.5B | $5.2B | ||
| Q1 25 | $9.2B | $5.3B | ||
| Q4 24 | — | $5.4B | ||
| Q3 24 | $9.4B | $5.4B | ||
| Q2 24 | $2.3B | $5.3B |
负债/权益比FUNNSA
| 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 | — | $338.5M |
| 自由现金流经营现金流 - 资本支出 | — | $299.8M |
| 自由现金流率自由现金流/营收 | — | 160.3% |
| 资本支出强度资本支出/营收 | — | 20.7% |
| 现金转化率经营现金流/净利润 | — | 14.79× |
| 过去12个月自由现金流最近4个季度 | — | $541.5M |
8季度趋势，按日历期对齐
经营现金流FUNNSA
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $338.5M | ||
| Q3 25 | $356.2M | $100.2M | ||
| Q2 25 | $187.0M | $79.9M | ||
| Q1 25 | $-178.0M | $85.6M | ||
| Q4 24 | — | $363.1M | ||
| Q3 24 | $337.4M | $105.7M | ||
| Q2 24 | — | $83.2M |
自由现金流FUNNSA
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $299.8M | ||
| Q3 25 | $256.2M | $88.0M | ||
| Q2 25 | $18.8M | $73.8M | ||
| Q1 25 | $-318.0M | $79.9M | ||
| Q4 24 | — | $344.4M | ||
| Q3 24 | $227.7M | $101.8M | ||
| Q2 24 | — | $79.5M |
自由现金流率FUNNSA
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 160.3% | ||
| Q3 25 | 19.4% | 46.6% | ||
| Q2 25 | 2.0% | 39.1% | ||
| Q1 25 | -157.4% | 42.4% | ||
| Q4 24 | — | 181.2% | ||
| Q3 24 | 16.9% | 52.6% | ||
| Q2 24 | — | 41.7% |
资本支出强度FUNNSA
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 20.7% | ||
| Q3 25 | 7.6% | 6.5% | ||
| Q2 25 | 18.1% | 3.2% | ||
| Q1 25 | 69.3% | 3.0% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | 8.1% | 2.0% | ||
| Q2 24 | — | 1.9% |
现金转化率FUNNSA
| Q1 26 | — | — | ||
| Q4 25 | — | 14.79× | ||
| Q3 25 | — | 5.44× | ||
| Q2 25 | — | 4.10× | ||
| Q1 25 | — | 6.59× | ||
| Q4 24 | — | 21.70× | ||
| Q3 24 | 3.04× | 5.65× | ||
| Q2 24 | — | 4.88× |
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% |
NSA
暂无分部数据
