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格罗方德（GFS）与诺唯真游轮控股（LINE）财务数据对比。点击上方公司名可切换其他公司
格罗方德的季度营收约是诺唯真游轮控股的1.2倍（$1.7B vs $1.4B），格罗方德净利率更高（14.8% vs -7.3%，领先22.0%），诺唯真游轮控股同比增速更快（3.1% vs -2.9%）
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
诺唯真游轮控股是一家总部位于美国、注册地为百慕大的企业，旗下全资运营诺唯真游轮、大洋游轮、丽晶七海游轮三大品牌，合并业务规模位列全球游轮运营商第三位，目前在纽约证券交易所挂牌上市。
GFS vs LINE — 直观对比
营收规模更大
GFS
是对方的1.2倍
$1.4B
营收增速更快
LINE
高出6.1%
-2.9%
净利率更高
GFS
高出22.0%
-7.3%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.4B |
| 净利润 | $249.0M | $-100.0M |
| 毛利率 | 24.8% | 32.3% |
| 营业利润率 | 11.6% | 2.5% |
| 净利率 | 14.8% | -7.3% |
| 营收同比 | -2.9% | 3.1% |
| 净利润同比 | 39.9% | 79.4% |
| 每股收益（稀释后） | $0.44 | $-0.44 |
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GFSLINE
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.7B | $1.4B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $1.7B | $1.3B | ||
| Q2 24 | $1.6B | $1.3B | ||
| Q1 24 | $1.5B | $1.3B | ||
| Q3 23 | $1.9B | — |
净利润GFSLINE
| Q3 25 | $249.0M | $-100.0M | ||
| Q2 25 | $228.0M | $-6.0M | ||
| Q1 25 | $211.0M | $0 | ||
| Q4 24 | — | $-71.0M | ||
| Q3 24 | $178.0M | $-485.0M | ||
| Q2 24 | $155.0M | $-68.0M | ||
| Q1 24 | $134.0M | $-40.0M | ||
| Q3 23 | $249.0M | — |
毛利率GFSLINE
| Q3 25 | 24.8% | 32.3% | ||
| Q2 25 | 24.2% | 31.9% | ||
| Q1 25 | 22.4% | 32.2% | ||
| Q4 24 | — | 32.3% | ||
| Q3 24 | 23.8% | 32.8% | ||
| Q2 24 | 24.2% | 33.4% | ||
| Q1 24 | 25.4% | 33.4% | ||
| Q3 23 | 28.6% | — |
营业利润率GFSLINE
| Q3 25 | 11.6% | 2.5% | ||
| Q2 25 | 11.6% | 1.7% | ||
| Q1 25 | 9.5% | 4.3% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | 10.6% | -38.6% | ||
| Q2 24 | 9.5% | 5.5% | ||
| Q1 24 | 9.5% | 7.6% | ||
| Q3 23 | 14.1% | — |
净利率GFSLINE
| Q3 25 | 14.8% | -7.3% | ||
| Q2 25 | 13.5% | -0.4% | ||
| Q1 25 | 13.3% | — | ||
| Q4 24 | — | -5.3% | ||
| Q3 24 | 10.2% | -36.3% | ||
| Q2 24 | 9.5% | -5.1% | ||
| Q1 24 | 8.7% | -3.0% | ||
| Q3 23 | 13.4% | — |
每股收益（稀释后）GFSLINE
| Q3 25 | $0.44 | $-0.44 | ||
| Q2 25 | $0.41 | $-0.03 | ||
| Q1 25 | $0.38 | $0.01 | ||
| Q4 24 | — | $-0.52 | ||
| Q3 24 | $0.32 | $-2.44 | ||
| Q2 24 | $0.28 | $-0.46 | ||
| Q1 24 | $0.24 | $-0.28 | ||
| Q3 23 | $0.45 | — |
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 | $2.0B | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $11.8B | $8.4B |
| 总资产 | $16.7B | $19.2B |
| 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GFSLINE
| Q3 25 | $2.0B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | — | $173.0M | ||
| Q3 24 | $2.3B | $409.0M | ||
| Q2 24 | $2.2B | $73.0M | ||
| Q1 24 | $2.2B | — | ||
| Q3 23 | $1.9B | — |
股东权益GFSLINE
| Q3 25 | $11.8B | $8.4B | ||
| Q2 25 | $11.5B | $8.6B | ||
| Q1 25 | $11.1B | $8.6B | ||
| Q4 24 | — | $8.6B | ||
| Q3 24 | $11.6B | $9.0B | ||
| Q2 24 | $11.3B | $4.9B | ||
| Q1 24 | $11.3B | $5.6B | ||
| Q3 23 | $10.8B | — |
总资产GFSLINE
| Q3 25 | $16.7B | $19.2B | ||
| Q2 25 | $16.8B | $19.4B | ||
| Q1 25 | $16.5B | $18.8B | ||
| Q4 24 | — | $18.7B | ||
| Q3 24 | $18.1B | $19.3B | ||
| Q2 24 | — | $18.8B | ||
| Q1 24 | — | — | ||
| Q3 23 | $17.8B | — |
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 | $595.0M | $230.0M |
| 自由现金流经营现金流 - 资本支出 | — | $35.0M |
| 自由现金流率自由现金流/营收 | — | 2.5% |
| 资本支出强度资本支出/营收 | — | 14.2% |
| 现金转化率经营现金流/净利润 | 2.39× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流GFSLINE
| Q3 25 | $595.0M | $230.0M | ||
| Q2 25 | $431.0M | $258.0M | ||
| Q1 25 | $331.0M | $139.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | $375.0M | $186.0M | ||
| Q2 24 | $402.0M | $155.0M | ||
| Q1 24 | $488.0M | $105.0M | ||
| Q3 23 | $416.0M | — |
自由现金流GFSLINE
| Q3 25 | — | $35.0M | ||
| Q2 25 | — | $95.0M | ||
| Q1 25 | — | $-12.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $33.0M | ||
| Q2 24 | — | $-31.0M | ||
| Q1 24 | — | $-42.0M | ||
| Q3 23 | — | — |
自由现金流率GFSLINE
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | -0.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | -2.3% | ||
| Q1 24 | — | -3.2% | ||
| Q3 23 | — | — |
资本支出强度GFSLINE
| Q3 25 | — | 14.2% | ||
| Q2 25 | — | 12.1% | ||
| Q1 25 | — | 11.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | — | 13.9% | ||
| Q1 24 | — | 11.1% | ||
| Q3 23 | — | — |
现金转化率GFSLINE
| Q3 25 | 2.39× | — | ||
| Q2 25 | 1.89× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 2.59× | — | ||
| Q1 24 | 3.64× | — | ||
| Q3 23 | 1.67× | — |
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
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
