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六旗（FUN）与全食超市（SMPL）财务数据对比。点击上方公司名可切换其他公司
全食超市的季度营收约是六旗的1.5倍（$340.2M vs $225.6M），全食超市净利率更高（7.4% vs -119.0%，领先126.5%），六旗同比增速更快（11.7% vs -0.3%）
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。
全食超市是总部位于美国得克萨斯州奥斯汀的跨国连锁超市，现为亚马逊全资旗下品牌。门店主打无氢化脂肪、人工色素、人工香精、防腐剂的天然食品，是美国农业部认证的有机食品零售商，以丰富的有机商品选择深受消费者欢迎。
FUN vs SMPL — 直观对比
营收规模更大
SMPL
是对方的1.5倍
$225.6M
营收增速更快
FUN
高出12.0%
-0.3%
净利率更高
SMPL
高出126.5%
-119.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $340.2M |
| 净利润 | $-268.6M | $25.3M |
| 毛利率 | — | 32.3% |
| 营业利润率 | — | 11.0% |
| 净利率 | -119.0% | 7.4% |
| 营收同比 | 11.7% | -0.3% |
| 净利润同比 | -22.2% | -33.7% |
| 每股收益（稀释后） | — | $0.26 |
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FUNSMPL
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $340.2M | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $930.4M | $381.0M | ||
| Q1 25 | $202.1M | — | ||
| Q4 24 | — | $341.3M | ||
| Q3 24 | $1.3B | $375.7M | ||
| Q2 24 | $571.6M | $334.8M |
净利润FUNSMPL
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $25.3M | ||
| Q3 25 | $-1.2B | — | ||
| Q2 25 | $-99.6M | $41.1M | ||
| Q1 25 | $-219.7M | — | ||
| Q4 24 | — | $38.1M | ||
| Q3 24 | $111.0M | $29.3M | ||
| Q2 24 | $55.6M | $41.3M |
毛利率FUNSMPL
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | 32.3% | ||
| Q3 25 | 91.6% | — | ||
| Q2 25 | 91.3% | 36.4% | ||
| Q1 25 | 89.3% | — | ||
| Q4 24 | — | 38.2% | ||
| Q3 24 | 91.9% | 38.8% | ||
| Q2 24 | 90.7% | 39.9% |
营业利润率FUNSMPL
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 11.0% | ||
| Q3 25 | -83.7% | — | ||
| Q2 25 | 8.0% | 15.6% | ||
| Q1 25 | -158.9% | — | ||
| Q4 24 | — | 16.0% | ||
| Q3 24 | 19.5% | 12.7% | ||
| Q2 24 | 21.6% | 17.6% |
净利率FUNSMPL
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | 7.4% | ||
| Q3 25 | -90.1% | — | ||
| Q2 25 | -10.7% | 10.8% | ||
| Q1 25 | -108.7% | — | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | 8.2% | 7.8% | ||
| Q2 24 | 9.7% | 12.3% |
每股收益（稀释后）FUNSMPL
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $0.26 | ||
| Q3 25 | $-11.77 | — | ||
| Q2 25 | $-0.99 | $0.40 | ||
| Q1 25 | $-2.20 | — | ||
| Q4 24 | — | $0.38 | ||
| Q3 24 | $1.10 | $0.29 | ||
| Q2 24 | — | $0.41 |
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 | $194.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $1.7B |
| 总资产 | $7.7B | $2.5B |
| 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FUNSMPL
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $194.1M | ||
| Q3 25 | $70.7M | — | ||
| Q2 25 | $107.4M | $98.0M | ||
| Q1 25 | $61.5M | — | ||
| Q4 24 | — | $121.8M | ||
| Q3 24 | $89.7M | $132.5M | ||
| Q2 24 | $52.9M | $208.7M |
总债务FUNSMPL
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.3B | — | ||
| Q1 25 | $5.0B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $4.6B | $397.5M | ||
| Q2 24 | $2.3B | $237.7M |
股东权益FUNSMPL
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $1.7B | ||
| Q3 25 | $614.3M | — | ||
| Q2 25 | $1.8B | $1.8B | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $2.3B | $1.7B | ||
| Q2 24 | — | $1.7B |
总资产FUNSMPL
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $2.5B | ||
| Q3 25 | $7.9B | — | ||
| Q2 25 | $9.5B | $2.4B | ||
| Q1 25 | $9.2B | — | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | $9.4B | $2.4B | ||
| Q2 24 | $2.3B | $2.2B |
负债/权益比FUNSMPL
| Q1 26 | — | — | ||
| Q4 25 | 9.40× | — | ||
| Q3 25 | 8.16× | — | ||
| Q2 25 | 2.97× | — | ||
| Q1 25 | 2.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.95× | 0.23× | ||
| Q2 24 | — | 0.14× |
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 | — | $50.1M |
| 自由现金流经营现金流 - 资本支出 | — | $48.0M |
| 自由现金流率自由现金流/营收 | — | 14.1% |
| 资本支出强度资本支出/营收 | — | 0.6% |
| 现金转化率经营现金流/净利润 | — | 1.98× |
| 过去12个月自由现金流最近4个季度 | — | $223.6M |
8季度趋势，按日历期对齐
经营现金流FUNSMPL
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $50.1M | ||
| Q3 25 | $356.2M | — | ||
| Q2 25 | $187.0M | $101.1M | ||
| Q1 25 | $-178.0M | — | ||
| Q4 24 | — | $32.0M | ||
| Q3 24 | $337.4M | $48.9M | ||
| Q2 24 | — | $72.8M |
自由现金流FUNSMPL
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $48.0M | ||
| Q3 25 | $256.2M | — | ||
| Q2 25 | $18.8M | $98.9M | ||
| Q1 25 | $-318.0M | — | ||
| Q4 24 | — | $31.7M | ||
| Q3 24 | $227.7M | $45.0M | ||
| Q2 24 | — | $72.0M |
自由现金流率FUNSMPL
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 14.1% | ||
| Q3 25 | 19.4% | — | ||
| Q2 25 | 2.0% | 25.9% | ||
| Q1 25 | -157.4% | — | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | 16.9% | 12.0% | ||
| Q2 24 | — | 21.5% |
资本支出强度FUNSMPL
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 0.6% | ||
| Q3 25 | 7.6% | — | ||
| Q2 25 | 18.1% | 0.6% | ||
| Q1 25 | 69.3% | — | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | 8.1% | 1.0% | ||
| Q2 24 | — | 0.2% |
现金转化率FUNSMPL
| Q1 26 | — | — | ||
| Q4 25 | — | 1.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.46× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.84× | ||
| Q3 24 | 3.04× | 1.67× | ||
| Q2 24 | — | 1.76× |
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% |
SMPL
| Quest | $211.4M | 62% |
| Atkins Domain | $79.7M | 23% |
| OWYN | $28.1M | 8% |
| Other | $20.9M | 6% |
