vs
六旗（FUN）与StoneX Group Inc.（SNEX）财务数据对比。点击上方公司名可切换其他公司
StoneX Group Inc.的季度营收约是六旗的1.8倍（$1.2B vs $650.1M），StoneX Group Inc.净利率更高（11.6% vs -14.2%，领先25.8%），六旗自由现金流更多（$-109.3M vs $-1.3B）
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。
StoneX集团是美国知名金融服务企业，核心业务覆盖商业套期保值、全球支付、证券、实物大宗商品、外汇，以及清算与执行服务六大板块，可为全球各类客户提供专业合规的多元化金融服务。
FUN vs SNEX — 直观对比
营收规模更大
SNEX
是对方的1.8倍
$650.1M
净利率更高
SNEX
高出25.8%
-14.2%
自由现金流更多
FUN
多$1.2B
$-1.3B
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $650.1M | $1.2B |
| 净利润 | $-92.4M | $139.0M |
| 毛利率 | 91.4% | — |
| 营业利润率 | -3.8% | 15.4% |
| 净利率 | -14.2% | 11.6% |
| 营收同比 | — | 81.0% |
| 净利润同比 | — | 63.3% |
| 每股收益（稀释后） | $-0.93 | $2.50 |
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FUNSNEX
| Q4 25 | $650.1M | $1.2B | ||
| Q3 25 | $1.3B | $32.7B | ||
| Q2 25 | $930.4M | $851.2M | ||
| Q1 25 | $202.1M | $820.4M | ||
| Q4 24 | — | $663.1M | ||
| Q3 24 | $1.3B | $31.1B | ||
| Q2 24 | $571.6M | $571.8M | ||
| Q1 24 | — | $509.2M |
净利润FUNSNEX
| Q4 25 | $-92.4M | $139.0M | ||
| Q3 25 | $-1.2B | $85.7M | ||
| Q2 25 | $-99.6M | $63.4M | ||
| Q1 25 | $-219.7M | $71.7M | ||
| Q4 24 | — | $85.1M | ||
| Q3 24 | $111.0M | $76.7M | ||
| Q2 24 | $55.6M | $61.9M | ||
| Q1 24 | — | $53.1M |
毛利率FUNSNEX
| Q4 25 | 91.4% | — | ||
| Q3 25 | 91.6% | 3.7% | ||
| Q2 25 | 91.3% | — | ||
| Q1 25 | 89.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 91.9% | 3.0% | ||
| Q2 24 | 90.7% | — | ||
| Q1 24 | — | — |
营业利润率FUNSNEX
| Q4 25 | -3.8% | 15.4% | ||
| Q3 25 | -83.7% | 0.3% | ||
| Q2 25 | 8.0% | -1.3% | ||
| Q1 25 | -158.9% | -1.0% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | 19.5% | -0.0% | ||
| Q2 24 | 21.6% | -4.7% | ||
| Q1 24 | — | -2.5% |
净利率FUNSNEX
| Q4 25 | -14.2% | 11.6% | ||
| Q3 25 | -90.1% | 0.3% | ||
| Q2 25 | -10.7% | 7.4% | ||
| Q1 25 | -108.7% | 8.7% | ||
| Q4 24 | — | 12.8% | ||
| Q3 24 | 8.2% | 0.2% | ||
| Q2 24 | 9.7% | 10.8% | ||
| Q1 24 | — | 10.4% |
每股收益（稀释后）FUNSNEX
| Q4 25 | $-0.93 | $2.50 | ||
| Q3 25 | $-11.77 | $0.72 | ||
| Q2 25 | $-0.99 | $1.22 | ||
| Q1 25 | $-2.20 | $1.41 | ||
| Q4 24 | — | $1.69 | ||
| Q3 24 | $1.10 | $2.32 | ||
| Q2 24 | — | $1.25 | ||
| Q1 24 | — | $1.09 |
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 | $1.6B |
| 总债务越低越好 | $5.2B | — |
| 股东权益账面价值 | $549.8M | $2.5B |
| 总资产 | $7.8B | $47.8B |
| 负债/权益比越低杠杆越低 | 9.40× | — |
8季度趋势，按日历期对齐
现金及短期投资FUNSNEX
| Q4 25 | $91.1M | $1.6B | ||
| Q3 25 | $70.7M | $1.6B | ||
| Q2 25 | $107.4M | $1.3B | ||
| Q1 25 | $61.5M | $1.3B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $89.7M | $1.3B | ||
| Q2 24 | $52.9M | $1.2B | ||
| Q1 24 | — | $1.3B |
总债务FUNSNEX
| 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 | — | ||
| Q1 24 | — | — |
股东权益FUNSNEX
| Q4 25 | $549.8M | $2.5B | ||
| Q3 25 | $614.3M | $2.4B | ||
| Q2 25 | $1.8B | $2.0B | ||
| Q1 25 | $1.8B | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $2.3B | $1.7B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.5B |
总资产FUNSNEX
| Q4 25 | $7.8B | $47.8B | ||
| Q3 25 | $7.9B | $45.3B | ||
| Q2 25 | $9.5B | $34.3B | ||
| Q1 25 | $9.2B | $31.3B | ||
| Q4 24 | — | $29.6B | ||
| Q3 24 | $9.4B | $27.5B | ||
| Q2 24 | $2.3B | $25.9B | ||
| Q1 24 | — | $25.7B |
负债/权益比FUNSNEX
| Q4 25 | 9.40× | — | ||
| Q3 25 | 8.16× | — | ||
| Q2 25 | 2.97× | — | ||
| Q1 25 | 2.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.95× | — | ||
| Q2 24 | — | — | ||
| 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 | $-1.3B |
| 自由现金流经营现金流 - 资本支出 | $-109.3M | $-1.3B |
| 自由现金流率自由现金流/营收 | -16.8% | -106.4% |
| 资本支出强度资本支出/营收 | 11.0% | 1.3% |
| 现金转化率经营现金流/净利润 | — | -9.08× |
| 过去12个月自由现金流最近4个季度 | $-152.2M | $3.5B |
8季度趋势，按日历期对齐
经营现金流FUNSNEX
| Q4 25 | $-37.7M | $-1.3B | ||
| Q3 25 | $356.2M | $3.5B | ||
| Q2 25 | $187.0M | $1.5B | ||
| Q1 25 | $-178.0M | $-154.5M | ||
| Q4 24 | — | $-477.8M | ||
| Q3 24 | $337.4M | $192.6M | ||
| Q2 24 | — | $-622.1M | ||
| Q1 24 | — | $784.0M |
自由现金流FUNSNEX
| Q4 25 | $-109.3M | $-1.3B | ||
| Q3 25 | $256.2M | $3.5B | ||
| Q2 25 | $18.8M | $1.5B | ||
| Q1 25 | $-318.0M | $-169.8M | ||
| Q4 24 | — | $-491.4M | ||
| Q3 24 | $227.7M | $175.9M | ||
| Q2 24 | — | $-640.5M | ||
| Q1 24 | — | $766.6M |
自由现金流率FUNSNEX
| Q4 25 | -16.8% | -106.4% | ||
| Q3 25 | 19.4% | 10.7% | ||
| Q2 25 | 2.0% | 173.3% | ||
| Q1 25 | -157.4% | -20.7% | ||
| Q4 24 | — | -74.1% | ||
| Q3 24 | 16.9% | 0.6% | ||
| Q2 24 | — | -112.0% | ||
| Q1 24 | — | 150.5% |
资本支出强度FUNSNEX
| Q4 25 | 11.0% | 1.3% | ||
| Q3 25 | 7.6% | 0.1% | ||
| Q2 25 | 18.1% | 1.9% | ||
| Q1 25 | 69.3% | 1.9% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | 8.1% | 0.1% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | — | 3.4% |
现金转化率FUNSNEX
| Q4 25 | — | -9.08× | ||
| Q3 25 | — | 41.18× | ||
| Q2 25 | — | 23.52× | ||
| Q1 25 | — | -2.15× | ||
| Q4 24 | — | -5.61× | ||
| Q3 24 | 3.04× | 2.51× | ||
| Q2 24 | — | -10.05× | ||
| Q1 24 | — | 14.76× |
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
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
SNEX
暂无分部数据
