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六旗（FUN）与Tecnoglass Inc.（TGLS）财务数据对比。点击上方公司名可切换其他公司
Tecnoglass Inc.的季度营收约是六旗的1.1倍（$245.3M vs $225.6M），Tecnoglass Inc.净利率更高（10.6% vs -119.0%，领先129.7%），六旗同比增速更快（11.7% vs 2.4%）
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。
Tecnoglass Inc.是一家领先的建筑玻璃、铝制门窗及相关建材生产商，主要服务北美及拉美地区的住宅和商业建筑领域，为新建及翻新项目提供定制化、高能效的建筑解决方案。
FUN vs TGLS — 直观对比
营收规模更大
TGLS
是对方的1.1倍
$225.6M
营收增速更快
FUN
高出9.3%
2.4%
净利率更高
TGLS
高出129.7%
-119.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $245.3M |
| 净利润 | $-268.6M | $26.1M |
| 毛利率 | — | 40.0% |
| 营业利润率 | — | 18.3% |
| 净利率 | -119.0% | 10.6% |
| 营收同比 | 11.7% | 2.4% |
| 净利润同比 | -22.2% | -44.5% |
| 每股收益（稀释后） | — | $0.57 |
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FUNTGLS
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $245.3M | ||
| Q3 25 | $1.3B | $260.5M | ||
| Q2 25 | $930.4M | $255.5M | ||
| Q1 25 | $202.1M | $222.3M | ||
| Q4 24 | — | $239.6M | ||
| Q3 24 | $1.3B | $238.3M | ||
| Q2 24 | $571.6M | $219.7M |
净利润FUNTGLS
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $26.1M | ||
| Q3 25 | $-1.2B | $47.2M | ||
| Q2 25 | $-99.6M | $44.1M | ||
| Q1 25 | $-219.7M | $42.2M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | $111.0M | $49.5M | ||
| Q2 24 | $55.6M | $35.0M |
毛利率FUNTGLS
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | 40.0% | ||
| Q3 25 | 91.6% | 42.7% | ||
| Q2 25 | 91.3% | 44.7% | ||
| Q1 25 | 89.3% | 43.9% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | 91.9% | 45.8% | ||
| Q2 24 | 90.7% | 40.8% |
营业利润率FUNTGLS
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 18.3% | ||
| Q3 25 | -83.7% | 25.1% | ||
| Q2 25 | 8.0% | 24.0% | ||
| Q1 25 | -158.9% | 26.7% | ||
| Q4 24 | — | 28.0% | ||
| Q3 24 | 19.5% | 28.4% | ||
| Q2 24 | 21.6% | 23.3% |
净利率FUNTGLS
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | 10.6% | ||
| Q3 25 | -90.1% | 18.1% | ||
| Q2 25 | -10.7% | 17.3% | ||
| Q1 25 | -108.7% | 19.0% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | 8.2% | 20.8% | ||
| Q2 24 | 9.7% | 15.9% |
每股收益（稀释后）FUNTGLS
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $0.57 | ||
| Q3 25 | $-11.77 | $1.01 | ||
| Q2 25 | $-0.99 | $0.94 | ||
| Q1 25 | $-2.20 | $0.90 | ||
| Q4 24 | — | $1.00 | ||
| Q3 24 | $1.10 | $1.05 | ||
| Q2 24 | — | $0.75 |
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 | $104.1M |
| 总债务越低越好 | — | $174.4M |
| 股东权益账面价值 | $279.2M | $713.1M |
| 总资产 | $7.7B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资FUNTGLS
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $104.1M | ||
| Q3 25 | $70.7M | $127.1M | ||
| Q2 25 | $107.4M | $140.9M | ||
| Q1 25 | $61.5M | $160.2M | ||
| Q4 24 | — | $137.5M | ||
| Q3 24 | $89.7M | $124.8M | ||
| Q2 24 | $52.9M | $129.5M |
总债务FUNTGLS
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | $174.4M | ||
| Q3 25 | $5.0B | $114.7M | ||
| Q2 25 | $5.3B | $110.6M | ||
| Q1 25 | $5.0B | $110.6M | ||
| Q4 24 | — | $111.1M | ||
| Q3 24 | $4.6B | $126.8M | ||
| Q2 24 | $2.3B | $144.7M |
股东权益FUNTGLS
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $713.1M | ||
| Q3 25 | $614.3M | $764.0M | ||
| Q2 25 | $1.8B | $736.0M | ||
| Q1 25 | $1.8B | $685.1M | ||
| Q4 24 | — | $631.2M | ||
| Q3 24 | $2.3B | $613.3M | ||
| Q2 24 | — | $574.8M |
总资产FUNTGLS
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $1.3B | ||
| Q3 25 | $7.9B | $1.2B | ||
| Q2 25 | $9.5B | $1.2B | ||
| Q1 25 | $9.2B | $1.1B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $9.4B | $996.3M | ||
| Q2 24 | $2.3B | $942.5M |
负债/权益比FUNTGLS
| Q1 26 | — | — | ||
| Q4 25 | 9.40× | 0.24× | ||
| Q3 25 | 8.16× | 0.15× | ||
| Q2 25 | 2.97× | 0.15× | ||
| Q1 25 | 2.75× | 0.16× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | 1.95× | 0.21× | ||
| Q2 24 | — | 0.25× |
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 | — | $31.0M |
| 自由现金流经营现金流 - 资本支出 | — | $11.4M |
| 自由现金流率自由现金流/营收 | — | 4.7% |
| 资本支出强度资本支出/营收 | — | 8.0% |
| 现金转化率经营现金流/净利润 | — | 1.19× |
| 过去12个月自由现金流最近4个季度 | — | $34.5M |
8季度趋势，按日历期对齐
经营现金流FUNTGLS
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $31.0M | ||
| Q3 25 | $356.2M | $40.0M | ||
| Q2 25 | $187.0M | $17.9M | ||
| Q1 25 | $-178.0M | $46.9M | ||
| Q4 24 | — | $61.1M | ||
| Q3 24 | $337.4M | $41.5M | ||
| Q2 24 | — | $34.5M |
自由现金流FUNTGLS
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $11.4M | ||
| Q3 25 | $256.2M | $21.2M | ||
| Q2 25 | $18.8M | $-14.7M | ||
| Q1 25 | $-318.0M | $16.5M | ||
| Q4 24 | — | $35.4M | ||
| Q3 24 | $227.7M | $17.8M | ||
| Q2 24 | — | $14.2M |
自由现金流率FUNTGLS
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 4.7% | ||
| Q3 25 | 19.4% | 8.2% | ||
| Q2 25 | 2.0% | -5.7% | ||
| Q1 25 | -157.4% | 7.4% | ||
| Q4 24 | — | 14.8% | ||
| Q3 24 | 16.9% | 7.5% | ||
| Q2 24 | — | 6.5% |
资本支出强度FUNTGLS
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 8.0% | ||
| Q3 25 | 7.6% | 7.2% | ||
| Q2 25 | 18.1% | 12.7% | ||
| Q1 25 | 69.3% | 13.7% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | 8.1% | 9.9% | ||
| Q2 24 | — | 9.2% |
现金转化率FUNTGLS
| Q1 26 | — | — | ||
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 0.85× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | 3.04× | 0.84× | ||
| Q2 24 | — | 0.98× |
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% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
