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孩之宝（HAS）与百济神州（ONC）财务数据对比。点击上方公司名可切换其他公司
百济神州的季度营收约是孩之宝的1.0倍（$1.5B vs $1.4B），孩之宝净利率更高（13.9% vs 4.4%，领先9.5%），百济神州同比增速更快（32.8% vs 31.3%），孩之宝自由现金流更多（$389.5M vs $379.8M），过去两年百济神州的营收复合增速更高（41.2% vs 38.2%）
孩之宝是1923年12月6日成立的美国跨国玩具制造与娱乐控股企业，总部位于罗德岛州波塔基特。旗下拥有Kenner、米尔顿·布拉德利、派克兄弟、威世智等知名品牌，持有大量热门IP商标权，业务覆盖玩具生产、游戏开发、娱乐内容出品等多个领域。
BeOne Medicines（原百济神州）是一家跨国肿瘤领域制药企业，专注于癌症治疗创新药物的研发与商业化，致力于为全球癌症患者提供更有效、可及性更高的治疗方案，改善患者的生存质量与预后。
HAS vs ONC — 直观对比
营收规模更大
ONC
是对方的1.0倍
$1.4B
营收增速更快
ONC
高出1.6%
31.3%
净利率更高
HAS
高出9.5%
4.4%
自由现金流更多
HAS
多$9.7M
$379.8M
两年增速更快
ONC
近两年复合增速
38.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.5B |
| 净利润 | $201.6M | $66.5M |
| 毛利率 | 68.7% | 90.5% |
| 营业利润率 | 20.6% | 12.4% |
| 净利率 | 13.9% | 4.4% |
| 营收同比 | 31.3% | 32.8% |
| 净利润同比 | 687.8% | 143.8% |
| 每股收益（稀释后） | $1.46 | $0.05 |
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HASONC
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $980.8M | $1.3B | ||
| Q1 25 | $887.1M | $1.1B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $995.3M | $929.2M | ||
| Q1 24 | $757.3M | $751.7M |
净利润HASONC
| Q4 25 | $201.6M | $66.5M | ||
| Q3 25 | $233.2M | $124.8M | ||
| Q2 25 | $-855.8M | $94.3M | ||
| Q1 25 | $98.6M | $1.3M | ||
| Q4 24 | $-34.3M | $-151.9M | ||
| Q3 24 | $223.2M | $-121.3M | ||
| Q2 24 | $138.5M | $-120.4M | ||
| Q1 24 | $58.2M | $-251.2M |
毛利率HASONC
| Q4 25 | 68.7% | 90.5% | ||
| Q3 25 | 70.1% | 86.1% | ||
| Q2 25 | 77.0% | 87.5% | ||
| Q1 25 | 76.9% | 85.2% | ||
| Q4 24 | 67.4% | 85.8% | ||
| Q3 24 | 70.4% | 83.0% | ||
| Q2 24 | 76.1% | 85.1% | ||
| Q1 24 | 73.0% | 83.4% |
营业利润率HASONC
| Q4 25 | 20.6% | 12.4% | ||
| Q3 25 | 24.6% | 11.5% | ||
| Q2 25 | -81.4% | 6.7% | ||
| Q1 25 | 19.2% | 1.0% | ||
| Q4 24 | 5.4% | -7.0% | ||
| Q3 24 | 23.6% | -12.0% | ||
| Q2 24 | 21.3% | -11.5% | ||
| Q1 24 | 15.3% | -34.8% |
净利率HASONC
| Q4 25 | 13.9% | 4.4% | ||
| Q3 25 | 16.8% | 8.8% | ||
| Q2 25 | -87.3% | 7.2% | ||
| Q1 25 | 11.1% | 0.1% | ||
| Q4 24 | -3.1% | -13.5% | ||
| Q3 24 | 17.4% | -12.1% | ||
| Q2 24 | 13.9% | -13.0% | ||
| Q1 24 | 7.7% | -33.4% |
每股收益（稀释后）HASONC
| Q4 25 | $1.46 | $0.05 | ||
| Q3 25 | $1.64 | $0.08 | ||
| Q2 25 | $-6.10 | $0.06 | ||
| Q1 25 | $0.70 | $0.00 | ||
| Q4 24 | $-0.25 | $-0.10 | ||
| Q3 24 | $1.59 | $-0.09 | ||
| Q2 24 | $0.99 | $-0.09 | ||
| Q1 24 | $0.42 | $-0.19 |
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 | — | $4.5B |
| 总债务越低越好 | — | $836.4M |
| 股东权益账面价值 | $565.5M | $4.4B |
| 总资产 | $5.6B | $8.2B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资HASONC
| Q4 25 | — | $4.5B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | $2.8B |
总债务HASONC
| Q4 25 | — | $836.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HASONC
| Q4 25 | $565.5M | $4.4B | ||
| Q3 25 | $433.8M | $4.1B | ||
| Q2 25 | $269.7M | $3.8B | ||
| Q1 25 | $1.2B | $3.5B | ||
| Q4 24 | $1.2B | $3.3B | ||
| Q3 24 | $1.3B | $3.4B | ||
| Q2 24 | $1.2B | $3.4B | ||
| Q1 24 | $1.0B | $3.4B |
总资产HASONC
| Q4 25 | $5.6B | $8.2B | ||
| Q3 25 | $5.5B | $7.6B | ||
| Q2 25 | $5.2B | $6.3B | ||
| Q1 25 | $6.0B | $5.8B | ||
| Q4 24 | $6.3B | $5.9B | ||
| Q3 24 | $7.2B | $5.8B | ||
| Q2 24 | $6.9B | $5.7B | ||
| Q1 24 | $6.2B | $5.7B |
负债/权益比HASONC
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | $403.2M | $417.3M |
| 自由现金流经营现金流 - 资本支出 | $389.5M | $379.8M |
| 自由现金流率自由现金流/营收 | 26.9% | 25.4% |
| 资本支出强度资本支出/营收 | 0.9% | 2.5% |
| 现金转化率经营现金流/净利润 | 2.00× | 6.28× |
| 过去12个月自由现金流最近4个季度 | $829.9M | $941.7M |
8季度趋势，按日历期对齐
经营现金流HASONC
| Q4 25 | $403.2M | $417.3M | ||
| Q3 25 | $280.6M | $402.6M | ||
| Q2 25 | $71.3M | $263.6M | ||
| Q1 25 | $138.1M | $44.1M | ||
| Q4 24 | $259.8M | $75.2M | ||
| Q3 24 | $222.5M | $188.4M | ||
| Q2 24 | $187.3M | $-95.6M | ||
| Q1 24 | $177.8M | $-308.6M |
自由现金流HASONC
| Q4 25 | $389.5M | $379.8M | ||
| Q3 25 | $260.9M | $354.5M | ||
| Q2 25 | $55.2M | $219.8M | ||
| Q1 25 | $124.3M | $-12.3M | ||
| Q4 24 | $200.8M | $-17.3M | ||
| Q3 24 | $174.0M | $54.7M | ||
| Q2 24 | $135.4M | $-205.5M | ||
| Q1 24 | $132.0M | $-465.1M |
自由现金流率HASONC
| Q4 25 | 26.9% | 25.4% | ||
| Q3 25 | 18.8% | 25.1% | ||
| Q2 25 | 5.6% | 16.7% | ||
| Q1 25 | 14.0% | -1.1% | ||
| Q4 24 | 18.2% | -1.5% | ||
| Q3 24 | 13.6% | 5.5% | ||
| Q2 24 | 13.6% | -22.1% | ||
| Q1 24 | 17.4% | -61.9% |
资本支出强度HASONC
| Q4 25 | 0.9% | 2.5% | ||
| Q3 25 | 1.4% | 3.4% | ||
| Q2 25 | 1.6% | 3.3% | ||
| Q1 25 | 1.6% | 5.0% | ||
| Q4 24 | 5.4% | 8.2% | ||
| Q3 24 | 3.8% | 13.3% | ||
| Q2 24 | 5.2% | 11.8% | ||
| Q1 24 | 6.0% | 20.8% |
现金转化率HASONC
| Q4 25 | 2.00× | 6.28× | ||
| Q3 25 | 1.20× | 3.22× | ||
| Q2 25 | — | 2.79× | ||
| Q1 25 | 1.40× | 34.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.00× | — | ||
| Q2 24 | 1.35× | — | ||
| Q1 24 | 3.05× | — |
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
HAS
| Grow Brands | $1.1B | 75% |
| Optimize Brands | $188.7M | 13% |
| Digital And Licensing Gaming | $135.7M | 9% |
| Class Of Principal Product Family Brands | $13.1M | 1% |
| Filmand TV | $2.4M | 0% |
ONC
暂无分部数据
