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六旗（FUN）与OSI SYSTEMS INC（OSIS）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OSI SYSTEMS INC的1.4倍（$650.1M vs $464.1M），OSI SYSTEMS INC净利率更高（8.3% vs -14.2%，领先22.6%），OSI SYSTEMS INC自由现金流更多（$55.5M vs $-109.3M）
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。
OSI系统公司是总部位于美国加利福尼亚州的企业，主营安全检测系统、医疗设备及光电器件三大业务板块，产品涵盖机场安检X光机、金属探测器、医疗监护与麻醉系统等，旗下拥有Spacelabs Healthcare、Rapiscan Systems、OSI Optoelectronics等子公司，全球员工规模约3180人。
FUN vs OSIS — 直观对比
营收规模更大
FUN
是对方的1.4倍
$464.1M
净利率更高
OSIS
高出22.6%
-14.2%
自由现金流更多
OSIS
多$164.8M
$-109.3M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $650.1M | $464.1M |
| 净利润 | $-92.4M | $38.7M |
| 毛利率 | 91.4% | 32.7% |
| 营业利润率 | -3.8% | 12.7% |
| 净利率 | -14.2% | 8.3% |
| 营收同比 | — | 10.5% |
| 净利润同比 | — | 2.3% |
| 每股收益（稀释后） | $-0.93 | $2.22 |
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FUNOSIS
| Q4 25 | $650.1M | $464.1M | ||
| Q3 25 | $1.3B | $384.6M | ||
| Q2 25 | $930.4M | $505.0M | ||
| Q1 25 | $202.1M | $444.4M | ||
| Q4 24 | — | $419.8M | ||
| Q3 24 | $1.3B | $344.0M | ||
| Q2 24 | $571.6M | $480.9M | ||
| Q1 24 | — | $405.4M |
净利润FUNOSIS
| Q4 25 | $-92.4M | $38.7M | ||
| Q3 25 | $-1.2B | $20.6M | ||
| Q2 25 | $-99.6M | $52.7M | ||
| Q1 25 | $-219.7M | $41.1M | ||
| Q4 24 | — | $37.8M | ||
| Q3 24 | $111.0M | $17.9M | ||
| Q2 24 | $55.6M | $44.7M | ||
| Q1 24 | — | $34.0M |
毛利率FUNOSIS
| Q4 25 | 91.4% | 32.7% | ||
| Q3 25 | 91.6% | 32.0% | ||
| Q2 25 | 91.3% | 33.3% | ||
| Q1 25 | 89.3% | 33.8% | ||
| Q4 24 | — | 35.1% | ||
| Q3 24 | 91.9% | 35.3% | ||
| Q2 24 | 90.7% | 32.1% | ||
| Q1 24 | — | 33.6% |
营业利润率FUNOSIS
| Q4 25 | -3.8% | 12.7% | ||
| Q3 25 | -83.7% | 8.6% | ||
| Q2 25 | 8.0% | 14.5% | ||
| Q1 25 | -158.9% | 12.7% | ||
| Q4 24 | — | 13.8% | ||
| Q3 24 | 19.5% | 8.8% | ||
| Q2 24 | 21.6% | 13.1% | ||
| Q1 24 | — | 12.7% |
净利率FUNOSIS
| Q4 25 | -14.2% | 8.3% | ||
| Q3 25 | -90.1% | 5.3% | ||
| Q2 25 | -10.7% | 10.4% | ||
| Q1 25 | -108.7% | 9.3% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | 8.2% | 5.2% | ||
| Q2 24 | 9.7% | 9.3% | ||
| Q1 24 | — | 8.4% |
每股收益（稀释后）FUNOSIS
| Q4 25 | $-0.93 | $2.22 | ||
| Q3 25 | $-11.77 | $1.18 | ||
| Q2 25 | $-0.99 | $3.04 | ||
| Q1 25 | $-2.20 | $2.40 | ||
| Q4 24 | — | $2.22 | ||
| Q3 24 | $1.10 | $1.05 | ||
| Q2 24 | — | $2.57 | ||
| Q1 24 | — | $1.95 |
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 | $336.7M |
| 总债务越低越好 | $5.2B | $1.0B |
| 股东权益账面价值 | $549.8M | $845.5M |
| 总资产 | $7.8B | $2.5B |
| 负债/权益比越低杠杆越低 | 9.40× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资FUNOSIS
| Q4 25 | $91.1M | $336.7M | ||
| Q3 25 | $70.7M | $124.4M | ||
| Q2 25 | $107.4M | $106.4M | ||
| Q1 25 | $61.5M | $95.8M | ||
| Q4 24 | — | $101.6M | ||
| Q3 24 | $89.7M | $85.1M | ||
| Q2 24 | $52.9M | $95.4M | ||
| Q1 24 | — | $101.4M |
总债务FUNOSIS
| Q4 25 | $5.2B | $1.0B | ||
| Q3 25 | $5.0B | $442.2M | ||
| Q2 25 | $5.3B | $471.6M | ||
| Q1 25 | $5.0B | $473.2M | ||
| Q4 24 | — | $474.8M | ||
| Q3 24 | $4.6B | $476.3M | ||
| Q2 24 | $2.3B | $137.6M | ||
| Q1 24 | — | — |
股东权益FUNOSIS
| Q4 25 | $549.8M | $845.5M | ||
| Q3 25 | $614.3M | $946.0M | ||
| Q2 25 | $1.8B | $951.1M | ||
| Q1 25 | $1.8B | $879.3M | ||
| Q4 24 | — | $825.8M | ||
| Q3 24 | $2.3B | $786.5M | ||
| Q2 24 | — | $863.5M | ||
| Q1 24 | — | $813.4M |
总资产FUNOSIS
| Q4 25 | $7.8B | $2.5B | ||
| Q3 25 | $7.9B | $2.3B | ||
| Q2 25 | $9.5B | $2.2B | ||
| Q1 25 | $9.2B | $2.1B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | $9.4B | $2.1B | ||
| Q2 24 | $2.3B | $1.9B | ||
| Q1 24 | — | $1.8B |
负债/权益比FUNOSIS
| Q4 25 | 9.40× | 1.19× | ||
| Q3 25 | 8.16× | 0.47× | ||
| Q2 25 | 2.97× | 0.50× | ||
| Q1 25 | 2.75× | 0.54× | ||
| Q4 24 | — | 0.57× | ||
| Q3 24 | 1.95× | 0.61× | ||
| Q2 24 | — | 0.16× | ||
| Q1 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 | $62.2M |
| 自由现金流经营现金流 - 资本支出 | $-109.3M | $55.5M |
| 自由现金流率自由现金流/营收 | -16.8% | 12.0% |
| 资本支出强度资本支出/营收 | 11.0% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 1.61× |
| 过去12个月自由现金流最近4个季度 | $-152.2M | $137.2M |
8季度趋势，按日历期对齐
经营现金流FUNOSIS
| Q4 25 | $-37.7M | $62.2M | ||
| Q3 25 | $356.2M | $17.1M | ||
| Q2 25 | $187.0M | $562.0K | ||
| Q1 25 | $-178.0M | $81.6M | ||
| Q4 24 | — | $52.5M | ||
| Q3 24 | $337.4M | $-37.2M | ||
| Q2 24 | — | $-29.0M | ||
| Q1 24 | — | $-52.1M |
自由现金流FUNOSIS
| Q4 25 | $-109.3M | $55.5M | ||
| Q3 25 | $256.2M | $10.1M | ||
| Q2 25 | $18.8M | $-5.6M | ||
| Q1 25 | $-318.0M | $77.1M | ||
| Q4 24 | — | $47.1M | ||
| Q3 24 | $227.7M | $-44.9M | ||
| Q2 24 | — | $-37.5M | ||
| Q1 24 | — | $-57.0M |
自由现金流率FUNOSIS
| Q4 25 | -16.8% | 12.0% | ||
| Q3 25 | 19.4% | 2.6% | ||
| Q2 25 | 2.0% | -1.1% | ||
| Q1 25 | -157.4% | 17.4% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | 16.9% | -13.0% | ||
| Q2 24 | — | -7.8% | ||
| Q1 24 | — | -14.1% |
资本支出强度FUNOSIS
| Q4 25 | 11.0% | 1.4% | ||
| Q3 25 | 7.6% | 1.8% | ||
| Q2 25 | 18.1% | 1.2% | ||
| Q1 25 | 69.3% | 1.0% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | 8.1% | 2.2% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | 1.2% |
现金转化率FUNOSIS
| Q4 25 | — | 1.61× | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 1.98× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | 3.04× | -2.07× | ||
| Q2 24 | — | -0.65× | ||
| Q1 24 | — | -1.53× |
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% |
OSIS
| Security Division | $334.7M | 72% |
| Optoelectronics And Manufacturing Division | $92.8M | 20% |
| Healthcare Division | $36.5M | 8% |
