vs
六旗（FUN）与STONERIDGE INC（SRI）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STONERIDGE INC的3.2倍（$650.1M vs $205.2M），STONERIDGE INC自由现金流更多（$2.6M 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。
Stoneridge Inc是全球领先的电气电子元件、集成系统及传感器解决方案设计制造商，服务汽车、商用车、非道路设备与航空航天领域，产品可提升车辆安全性、运行效率、互联性与环保表现，业务覆盖全球核心市场。
FUN vs SRI — 直观对比
营收规模更大
FUN
是对方的3.2倍
$205.2M
自由现金流更多
SRI
多$111.9M
$-109.3M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $650.1M | $205.2M |
| 净利润 | $-92.4M | — |
| 毛利率 | 91.4% | 16.2% |
| 营业利润率 | -3.8% | -14.4% |
| 净利率 | -14.2% | — |
| 营收同比 | — | -6.0% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-0.93 | $-2.76 |
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FUNSRI
| Q4 25 | $650.1M | $205.2M | ||
| Q3 25 | $1.3B | $210.3M | ||
| Q2 25 | $930.4M | $228.0M | ||
| Q1 25 | $202.1M | $217.9M | ||
| Q4 24 | — | $218.2M | ||
| Q3 24 | $1.3B | $213.8M | ||
| Q2 24 | $571.6M | $237.1M | ||
| Q1 24 | — | $239.2M |
净利润FUNSRI
| Q4 25 | $-92.4M | — | ||
| Q3 25 | $-1.2B | $-9.4M | ||
| Q2 25 | $-99.6M | $-9.4M | ||
| Q1 25 | $-219.7M | $-7.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $111.0M | $-7.1M | ||
| Q2 24 | $55.6M | $2.8M | ||
| Q1 24 | — | $-6.1M |
毛利率FUNSRI
| Q4 25 | 91.4% | 16.2% | ||
| Q3 25 | 91.6% | 20.3% | ||
| Q2 25 | 91.3% | 21.5% | ||
| Q1 25 | 89.3% | 21.2% | ||
| Q4 24 | — | 19.5% | ||
| Q3 24 | 91.9% | 20.8% | ||
| Q2 24 | 90.7% | 22.7% | ||
| Q1 24 | — | 20.2% |
营业利润率FUNSRI
| Q4 25 | -3.8% | -14.4% | ||
| Q3 25 | -83.7% | -1.6% | ||
| Q2 25 | 8.0% | -1.1% | ||
| Q1 25 | -158.9% | -1.5% | ||
| Q4 24 | — | -2.0% | ||
| Q3 24 | 19.5% | 0.1% | ||
| Q2 24 | 21.6% | 1.4% | ||
| Q1 24 | — | 0.1% |
净利率FUNSRI
| Q4 25 | -14.2% | — | ||
| Q3 25 | -90.1% | -4.5% | ||
| Q2 25 | -10.7% | -4.1% | ||
| Q1 25 | -108.7% | -3.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.2% | -3.3% | ||
| Q2 24 | 9.7% | 1.2% | ||
| Q1 24 | — | -2.6% |
每股收益（稀释后）FUNSRI
| Q4 25 | $-0.93 | $-2.76 | ||
| Q3 25 | $-11.77 | $-0.34 | ||
| Q2 25 | $-0.99 | $-0.34 | ||
| Q1 25 | $-2.20 | $-0.26 | ||
| Q4 24 | — | $-0.22 | ||
| Q3 24 | $1.10 | $-0.26 | ||
| Q2 24 | — | $0.10 | ||
| Q1 24 | — | $-0.22 |
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 | $66.3M |
| 总债务越低越好 | $5.2B | $180.9M |
| 股东权益账面价值 | $549.8M | $179.8M |
| 总资产 | $7.8B | $551.2M |
| 负债/权益比越低杠杆越低 | 9.40× | 1.01× |
8季度趋势，按日历期对齐
现金及短期投资FUNSRI
| Q4 25 | $91.1M | $66.3M | ||
| Q3 25 | $70.7M | $54.0M | ||
| Q2 25 | $107.4M | $49.8M | ||
| Q1 25 | $61.5M | $79.1M | ||
| Q4 24 | — | $71.8M | ||
| Q3 24 | $89.7M | $54.1M | ||
| Q2 24 | $52.9M | $42.1M | ||
| Q1 24 | — | $48.4M |
总债务FUNSRI
| Q4 25 | $5.2B | $180.9M | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.3B | — | ||
| Q1 25 | $5.0B | — | ||
| Q4 24 | — | $201.6M | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $2.3B | — | ||
| Q1 24 | — | — |
股东权益FUNSRI
| Q4 25 | $549.8M | $179.8M | ||
| Q3 25 | $614.3M | $251.2M | ||
| Q2 25 | $1.8B | $260.5M | ||
| Q1 25 | $1.8B | $253.1M | ||
| Q4 24 | — | $245.3M | ||
| Q3 24 | $2.3B | $271.4M | ||
| Q2 24 | — | $270.5M | ||
| Q1 24 | — | $277.3M |
总资产FUNSRI
| Q4 25 | $7.8B | $551.2M | ||
| Q3 25 | $7.9B | $632.1M | ||
| Q2 25 | $9.5B | $639.4M | ||
| Q1 25 | $9.2B | $657.4M | ||
| Q4 24 | — | $621.6M | ||
| Q3 24 | $9.4B | $662.5M | ||
| Q2 24 | $2.3B | $666.7M | ||
| Q1 24 | — | $675.4M |
负债/权益比FUNSRI
| Q4 25 | 9.40× | 1.01× | ||
| Q3 25 | 8.16× | — | ||
| Q2 25 | 2.97× | — | ||
| Q1 25 | 2.75× | — | ||
| Q4 24 | — | 0.82× | ||
| 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 | $8.8M |
| 自由现金流经营现金流 - 资本支出 | $-109.3M | $2.6M |
| 自由现金流率自由现金流/营收 | -16.8% | 1.3% |
| 资本支出强度资本支出/营收 | 11.0% | 3.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-152.2M | $12.2M |
8季度趋势，按日历期对齐
经营现金流FUNSRI
| Q4 25 | $-37.7M | $8.8M | ||
| Q3 25 | $356.2M | $3.6M | ||
| Q2 25 | $187.0M | $10.7M | ||
| Q1 25 | $-178.0M | $10.9M | ||
| Q4 24 | — | $19.2M | ||
| Q3 24 | $337.4M | $10.8M | ||
| Q2 24 | — | $8.7M | ||
| Q1 24 | — | $9.1M |
自由现金流FUNSRI
| Q4 25 | $-109.3M | $2.6M | ||
| Q3 25 | $256.2M | $-2.7M | ||
| Q2 25 | $18.8M | $7.4M | ||
| Q1 25 | $-318.0M | $4.8M | ||
| Q4 24 | — | $14.0M | ||
| Q3 24 | $227.7M | $4.6M | ||
| Q2 24 | — | $1.5M | ||
| Q1 24 | — | $3.3M |
自由现金流率FUNSRI
| Q4 25 | -16.8% | 1.3% | ||
| Q3 25 | 19.4% | -1.3% | ||
| Q2 25 | 2.0% | 3.3% | ||
| Q1 25 | -157.4% | 2.2% | ||
| Q4 24 | — | 6.4% | ||
| Q3 24 | 16.9% | 2.2% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 1.4% |
资本支出强度FUNSRI
| Q4 25 | 11.0% | 3.0% | ||
| Q3 25 | 7.6% | 3.0% | ||
| Q2 25 | 18.1% | 1.4% | ||
| Q1 25 | 69.3% | 2.8% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | 8.1% | 2.9% | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | — | 2.4% |
现金转化率FUNSRI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.04× | — | ||
| Q2 24 | — | 3.11× | ||
| Q1 24 | — | — |
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% |
SRI
| Control Devices | $51.7M | 25% |
| Electronics | $38.0M | 19% |
| EE | $34.2M | 17% |
| SE | $28.6M | 14% |
| NL | $24.5M | 12% |
| Stoneridge Brazil | $14.1M | 7% |
| Asia Pacific | $13.1M | 6% |
