vs
null（GPRO）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
世纪互联的季度营收约是null的1.8倍（$362.7M vs $201.7M），null自由现金流更多（$15.0M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 13.9%）
GoPro, Inc.是2002年由尼克·伍德曼创立的美国科技企业，最初注册名为伍德曼实验室，总部坐落于加利福尼亚州圣马特奥。该公司主营运动相机生产制造，同时还自主开发配套移动端应用与视频编辑软件。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
GPRO vs VNET — 直观对比
营收规模更大
VNET
是对方的1.8倍
$201.7M
自由现金流更多
GPRO
多$208.0M
$-193.1M
两年增速更快
VNET
近两年复合增速
13.9%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $201.7M | $362.7M |
| 净利润 | — | $-38.7M |
| 毛利率 | 31.8% | 20.9% |
| 营业利润率 | -4.1% | 0.5% |
| 净利率 | — | -10.7% |
| 营收同比 | 0.4% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-0.06 | — |
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GPROVNET
| Q4 25 | $201.7M | — | ||
| Q3 25 | $162.9M | $362.7M | ||
| Q2 25 | $152.6M | — | ||
| Q1 25 | $134.3M | $309.5M | ||
| Q4 24 | $200.9M | — | ||
| Q3 24 | $258.9M | $302.2M | ||
| Q2 24 | $186.2M | $274.4M | ||
| Q1 24 | $155.5M | $262.9M |
净利润GPROVNET
| Q4 25 | — | — | ||
| Q3 25 | $-21.3M | $-38.7M | ||
| Q2 25 | $-16.4M | — | ||
| Q1 25 | $-46.7M | $-2.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-8.2M | $-2.1M | ||
| Q2 24 | $-47.8M | $-1.1M | ||
| Q1 24 | $-339.1M | $-22.0M |
毛利率GPROVNET
| Q4 25 | 31.8% | — | ||
| Q3 25 | 35.1% | 20.9% | ||
| Q2 25 | 35.8% | — | ||
| Q1 25 | 32.1% | 25.2% | ||
| Q4 24 | 34.7% | — | ||
| Q3 24 | 35.5% | 23.2% | ||
| Q2 24 | 30.5% | 21.3% | ||
| Q1 24 | 34.1% | 21.6% |
营业利润率GPROVNET
| Q4 25 | -4.1% | — | ||
| Q3 25 | -9.8% | 0.5% | ||
| Q2 25 | -9.2% | — | ||
| Q1 25 | -33.7% | 0.1% | ||
| Q4 24 | -19.5% | — | ||
| Q3 24 | -3.1% | 24.5% | ||
| Q2 24 | -25.0% | 0.2% | ||
| Q1 24 | -26.6% | 0.2% |
净利率GPROVNET
| Q4 25 | — | — | ||
| Q3 25 | -13.0% | -10.7% | ||
| Q2 25 | -10.8% | — | ||
| Q1 25 | -34.8% | -0.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | -3.2% | -0.7% | ||
| Q2 24 | -25.7% | -0.4% | ||
| Q1 24 | -218.1% | -8.4% |
每股收益（稀释后）GPROVNET
| Q4 25 | $-0.06 | — | ||
| Q3 25 | $-0.13 | — | ||
| Q2 25 | $-0.10 | — | ||
| Q1 25 | $-0.30 | — | ||
| Q4 24 | $-0.22 | — | ||
| Q3 24 | $-0.05 | — | ||
| Q2 24 | $-0.31 | — | ||
| Q1 24 | $-2.24 | — |
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 | $49.7M | $492.1M |
| 总债务越低越好 | $44.3M | — |
| 股东权益账面价值 | $76.5M | $890.8M |
| 总资产 | $428.0M | $6.1B |
| 负债/权益比越低杠杆越低 | 0.58× | — |
8季度趋势，按日历期对齐
现金及短期投资GPROVNET
| Q4 25 | $49.7M | — | ||
| Q3 25 | $152.8M | $492.1M | ||
| Q2 25 | $58.6M | — | ||
| Q1 25 | $69.6M | $544.3M | ||
| Q4 24 | $102.8M | — | ||
| Q3 24 | $130.2M | $219.5M | ||
| Q2 24 | $133.0M | $247.2M | ||
| Q1 24 | $133.7M | $246.9M |
总债务GPROVNET
| Q4 25 | $44.3M | — | ||
| Q3 25 | $43.9M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $93.1M | $1.2B | ||
| Q2 24 | $92.9M | — | ||
| Q1 24 | $92.7M | — |
股东权益GPROVNET
| Q4 25 | $76.5M | — | ||
| Q3 25 | $80.5M | $890.8M | ||
| Q2 25 | $97.9M | — | ||
| Q1 25 | $110.0M | $927.8M | ||
| Q4 24 | $151.7M | — | ||
| Q3 24 | $183.9M | $902.9M | ||
| Q2 24 | $184.7M | $900.6M | ||
| Q1 24 | $224.9M | $895.1M |
总资产GPROVNET
| Q4 25 | $428.0M | — | ||
| Q3 25 | $538.6M | $6.1B | ||
| Q2 25 | $439.0M | — | ||
| Q1 25 | $462.5M | $5.4B | ||
| Q4 24 | $543.7M | — | ||
| Q3 24 | $661.6M | $4.3B | ||
| Q2 24 | $556.8M | $4.0B | ||
| Q1 24 | $575.8M | $3.9B |
负债/权益比GPROVNET
| Q4 25 | 0.58× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.51× | 1.28× | ||
| Q2 24 | 0.50× | — | ||
| Q1 24 | 0.41× | — |
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 | $15.6M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $15.0M | $-193.1M |
| 自由现金流率自由现金流/营收 | 7.4% | -53.2% |
| 资本支出强度资本支出/营收 | 0.3% | 84.6% |
| 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 | $-24.0M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流GPROVNET
| Q4 25 | $15.6M | — | ||
| Q3 25 | $12.2M | $113.8M | ||
| Q2 25 | $8.8M | — | ||
| Q1 25 | $-57.2M | $27.0M | ||
| Q4 24 | $-25.1M | — | ||
| Q3 24 | $-2.2M | $108.3M | ||
| Q2 24 | $605.0K | $55.8M | ||
| Q1 24 | $-98.4M | $37.1M |
自由现金流GPROVNET
| Q4 25 | $15.0M | — | ||
| Q3 25 | $11.2M | $-193.1M | ||
| Q2 25 | $8.3M | — | ||
| Q1 25 | $-58.5M | $-220.0M | ||
| Q4 24 | $-25.5M | — | ||
| Q3 24 | $-4.2M | $-95.0M | ||
| Q2 24 | $-111.0K | $-81.6M | ||
| Q1 24 | $-99.4M | $-102.2M |
自由现金流率GPROVNET
| Q4 25 | 7.4% | — | ||
| Q3 25 | 6.9% | -53.2% | ||
| Q2 25 | 5.4% | — | ||
| Q1 25 | -43.5% | -71.1% | ||
| Q4 24 | -12.7% | — | ||
| Q3 24 | -1.6% | -31.4% | ||
| Q2 24 | -0.1% | -29.8% | ||
| Q1 24 | -63.9% | -38.9% |
资本支出强度GPROVNET
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.6% | 84.6% | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 1.0% | 79.8% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.8% | 67.3% | ||
| Q2 24 | 0.4% | 50.1% | ||
| Q1 24 | 0.6% | 53.0% |
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
GPRO
| Subscription And Services | $106.3M | 53% |
| Other | $95.4M | 47% |
VNET
暂无分部数据
