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六旗（FUN）与STEPAN CO（SCL）财务数据对比。点击上方公司名可切换其他公司
STEPAN CO的季度营收约是六旗的2.7倍（$604.5M vs $225.6M），STEPAN CO净利率更高（3.3% vs -119.0%，领先122.3%），六旗同比增速更快（11.7% vs 1.9%）
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。
斯特潘公司是一家美国特种化学品制造商，总部位于伊利诺伊州诺斯布鲁克，1932年由小阿尔弗雷德·C·斯特潘创立，现有约2000名员工，目前由创始人的孙子小F·奎因·斯特潘执掌。该公司是全球最大的阴离子表面活性剂商品生产商，产品用于提升洗涤剂、洗发水、牙膏及化妆品的起泡与清洁能力。
FUN vs SCL — 直观对比
营收规模更大
SCL
是对方的2.7倍
$225.6M
营收增速更快
FUN
高出9.8%
1.9%
净利率更高
SCL
高出122.3%
-119.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $604.5M |
| 净利润 | $-268.6M | $19.7M |
| 毛利率 | — | 10.7% |
| 营业利润率 | — | 4.7% |
| 净利率 | -119.0% | 3.3% |
| 营收同比 | 11.7% | 1.9% |
| 净利润同比 | -22.2% | — |
| 每股收益（稀释后） | — | $0.86 |
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FUNSCL
| Q1 26 | $225.6M | $604.5M | ||
| Q4 25 | $650.1M | $553.9M | ||
| Q3 25 | $1.3B | $590.3M | ||
| Q2 25 | $930.4M | $594.7M | ||
| Q1 25 | $202.1M | $593.3M | ||
| Q4 24 | — | $525.6M | ||
| Q3 24 | $1.3B | $546.8M | ||
| Q2 24 | $571.6M | $556.4M |
净利润FUNSCL
| Q1 26 | $-268.6M | $19.7M | ||
| Q4 25 | $-92.4M | $5.0M | ||
| Q3 25 | $-1.2B | $10.8M | ||
| Q2 25 | $-99.6M | $11.3M | ||
| Q1 25 | $-219.7M | $19.7M | ||
| Q4 24 | — | $3.4M | ||
| Q3 24 | $111.0M | $23.6M | ||
| Q2 24 | $55.6M | $9.5M |
毛利率FUNSCL
| Q1 26 | — | 10.7% | ||
| Q4 25 | 91.4% | 9.3% | ||
| Q3 25 | 91.6% | 12.0% | ||
| Q2 25 | 91.3% | 12.1% | ||
| Q1 25 | 89.3% | 12.7% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | 91.9% | 13.8% | ||
| Q2 24 | 90.7% | 12.5% |
营业利润率FUNSCL
| Q1 26 | — | 4.7% | ||
| Q4 25 | -3.8% | 1.9% | ||
| Q3 25 | -83.7% | 3.7% | ||
| Q2 25 | 8.0% | 3.0% | ||
| Q1 25 | -158.9% | 4.8% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | 19.5% | 4.4% | ||
| Q2 24 | 21.6% | 3.4% |
净利率FUNSCL
| Q1 26 | -119.0% | 3.3% | ||
| Q4 25 | -14.2% | 0.9% | ||
| Q3 25 | -90.1% | 1.8% | ||
| Q2 25 | -10.7% | 1.9% | ||
| Q1 25 | -108.7% | 3.3% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | 8.2% | 4.3% | ||
| Q2 24 | 9.7% | 1.7% |
每股收益（稀释后）FUNSCL
| Q1 26 | — | $0.86 | ||
| Q4 25 | $-0.93 | $0.22 | ||
| Q3 25 | $-11.77 | $0.47 | ||
| Q2 25 | $-0.99 | $0.50 | ||
| Q1 25 | $-2.20 | $0.86 | ||
| Q4 24 | — | $0.14 | ||
| Q3 24 | $1.10 | $1.03 | ||
| Q2 24 | — | $0.42 |
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 | — |
| 总债务越低越好 | — | $328.4M |
| 股东权益账面价值 | $279.2M | $1.2B |
| 总资产 | $7.7B | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资FUNSCL
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $132.7M | ||
| Q3 25 | $70.7M | $118.5M | ||
| Q2 25 | $107.4M | $88.9M | ||
| Q1 25 | $61.5M | $107.5M | ||
| Q4 24 | — | $99.7M | ||
| Q3 24 | $89.7M | $147.3M | ||
| Q2 24 | $52.9M | $124.7M |
总债务FUNSCL
| Q1 26 | — | $328.4M | ||
| Q4 25 | $5.2B | $626.7M | ||
| Q3 25 | $5.0B | $655.5M | ||
| Q2 25 | $5.3B | $658.0M | ||
| Q1 25 | $5.0B | $659.3M | ||
| Q4 24 | — | $625.4M | ||
| Q3 24 | $4.6B | $688.5M | ||
| Q2 24 | $2.3B | $657.1M |
股东权益FUNSCL
| Q1 26 | $279.2M | $1.2B | ||
| Q4 25 | $549.8M | $1.2B | ||
| Q3 25 | $614.3M | $1.2B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $2.3B | $1.2B | ||
| Q2 24 | — | $1.2B |
总资产FUNSCL
| Q1 26 | $7.7B | $2.3B | ||
| Q4 25 | $7.8B | $2.4B | ||
| Q3 25 | $7.9B | $2.4B | ||
| Q2 25 | $9.5B | $2.4B | ||
| Q1 25 | $9.2B | $2.4B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $9.4B | $2.4B | ||
| Q2 24 | $2.3B | $2.3B |
负债/权益比FUNSCL
| Q1 26 | — | 0.28× | ||
| Q4 25 | 9.40× | 0.50× | ||
| Q3 25 | 8.16× | 0.53× | ||
| Q2 25 | 2.97× | 0.53× | ||
| Q1 25 | 2.75× | 0.55× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | 1.95× | 0.56× | ||
| Q2 24 | — | 0.55× |
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% |
SCL
| Surfactants | $453.7M | 75% |
| Polymers | $130.0M | 22% |
| Specialty Products | $20.8M | 3% |
