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六旗（FUN）与RAYONIER INC（RYN）财务数据对比。点击上方公司名可切换其他公司
RAYONIER INC的季度营收约是六旗的1.2倍（$276.8M vs $225.6M），RAYONIER INC净利率更高（-4.5% vs -119.0%，领先114.6%），RAYONIER INC同比增速更快（233.9% 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。
Rayonier Inc.是总部位于佛罗里达州怀尔德莱特的林地房地产投资信托（REIT），资产分布在美国和新西兰的软木种植区域，核心业务板块为木材业务与房地产业务。
FUN vs RYN — 直观对比
营收规模更大
RYN
是对方的1.2倍
$225.6M
营收增速更快
RYN
高出222.2%
11.7%
净利率更高
RYN
高出114.6%
-119.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $276.8M |
| 净利润 | $-268.6M | $-12.4M |
| 毛利率 | — | 100.0% |
| 营业利润率 | — | — |
| 净利率 | -119.0% | -4.5% |
| 营收同比 | 11.7% | 233.9% |
| 净利润同比 | -22.2% | -264.7% |
| 每股收益（稀释后） | — | — |
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FUNRYN
| Q1 26 | $225.6M | $276.8M | ||
| Q4 25 | $650.1M | $117.5M | ||
| Q3 25 | $1.3B | $177.5M | ||
| Q2 25 | $930.4M | $106.5M | ||
| Q1 25 | $202.1M | $82.9M | ||
| Q4 24 | — | $650.5M | ||
| Q3 24 | $1.3B | $124.1M | ||
| Q2 24 | $571.6M | $99.6M |
净利润FUNRYN
| Q1 26 | $-268.6M | $-12.4M | ||
| Q4 25 | $-92.4M | $25.9M | ||
| Q3 25 | $-1.2B | $43.2M | ||
| Q2 25 | $-99.6M | $408.7M | ||
| Q1 25 | $-219.7M | $-3.4M | ||
| Q4 24 | — | $327.1M | ||
| Q3 24 | $111.0M | $28.8M | ||
| Q2 24 | $55.6M | $1.9M |
毛利率FUNRYN
| Q1 26 | — | 100.0% | ||
| Q4 25 | 91.4% | 41.9% | ||
| Q3 25 | 91.6% | 32.9% | ||
| Q2 25 | 91.3% | 29.7% | ||
| Q1 25 | 89.3% | 21.7% | ||
| Q4 24 | — | 53.8% | ||
| Q3 24 | 91.9% | 30.4% | ||
| Q2 24 | 90.7% | 25.4% |
营业利润率FUNRYN
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 23.0% | ||
| Q3 25 | -83.7% | 23.5% | ||
| Q2 25 | 8.0% | 13.7% | ||
| Q1 25 | -158.9% | 0.1% | ||
| Q4 24 | — | 47.7% | ||
| Q3 24 | 19.5% | 15.2% | ||
| Q2 24 | 21.6% | 4.6% |
净利率FUNRYN
| Q1 26 | -119.0% | -4.5% | ||
| Q4 25 | -14.2% | 22.1% | ||
| Q3 25 | -90.1% | 24.3% | ||
| Q2 25 | -10.7% | 383.6% | ||
| Q1 25 | -108.7% | -4.1% | ||
| Q4 24 | — | 45.1% | ||
| Q3 24 | 8.2% | 23.2% | ||
| Q2 24 | 9.7% | 1.9% |
每股收益（稀释后）FUNRYN
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $0.14 | ||
| Q3 25 | $-11.77 | $0.28 | ||
| Q2 25 | $-0.99 | $2.63 | ||
| Q1 25 | $-2.20 | $-0.02 | ||
| Q4 24 | — | $2.18 | ||
| Q3 24 | $1.10 | $0.19 | ||
| Q2 24 | — | $0.01 |
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 | $681.7M |
| 总债务越低越好 | — | $2.1B |
| 股东权益账面价值 | $279.2M | $5.3B |
| 总资产 | $7.7B | $7.7B |
| 负债/权益比越低杠杆越低 | — | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资FUNRYN
| Q1 26 | $116.5M | $681.7M | ||
| Q4 25 | $91.1M | $842.9M | ||
| Q3 25 | $70.7M | $919.6M | ||
| Q2 25 | $107.4M | $892.3M | ||
| Q1 25 | $61.5M | $216.2M | ||
| Q4 24 | — | $303.1M | ||
| Q3 24 | $89.7M | $51.9M | ||
| Q2 24 | $52.9M | $120.2M |
总债务FUNRYN
| Q1 26 | — | $2.1B | ||
| Q4 25 | $5.2B | $845.3M | ||
| Q3 25 | $5.0B | $845.1M | ||
| Q2 25 | $5.3B | $844.9M | ||
| Q1 25 | $5.0B | $1.0B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $4.6B | $1.3B | ||
| Q2 24 | $2.3B | $1.4B |
股东权益FUNRYN
| Q1 26 | $279.2M | $5.3B | ||
| Q4 25 | $549.8M | $2.2B | ||
| Q3 25 | $614.3M | $2.3B | ||
| Q2 25 | $1.8B | $2.3B | ||
| Q1 25 | $1.8B | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $2.3B | $1.8B | ||
| Q2 24 | — | $1.8B |
总资产FUNRYN
| Q1 26 | $7.7B | $7.7B | ||
| Q4 25 | $7.8B | $3.4B | ||
| Q3 25 | $7.9B | $3.5B | ||
| Q2 25 | $9.5B | $3.5B | ||
| Q1 25 | $9.2B | $3.4B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | $9.4B | $3.5B | ||
| Q2 24 | $2.3B | $3.5B |
负债/权益比FUNRYN
| Q1 26 | — | 0.39× | ||
| Q4 25 | 9.40× | 0.38× | ||
| Q3 25 | 8.16× | 0.37× | ||
| Q2 25 | 2.97× | 0.37× | ||
| Q1 25 | 2.75× | 0.55× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | 1.95× | 0.72× | ||
| Q2 24 | — | 0.75× |
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% |
RYN
| Wood Products | $108.5M | 39% |
| Southern Timber | $88.7M | 32% |
| Real Estate | $59.8M | 22% |
| Northwest Timber | $32.1M | 12% |
