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孩之宝（HAS）与Playtika Holding Corp.（PLTK）财务数据对比。点击上方公司名可切换其他公司
孩之宝的季度营收约是Playtika Holding Corp.的1.9倍（$1.4B vs $744.7M），孩之宝净利率更高（13.9% vs -7.7%，领先21.7%），孩之宝同比增速更快（31.3% vs 5.5%），孩之宝自由现金流更多（$389.5M vs $2.6M），过去两年孩之宝的营收复合增速更高（38.2% vs 9.0%）
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。
Playtika Holding Corp是一家专注于移动端游戏开发与发行的以色列数字娱乐企业，主打休闲社交类手游产品，在全球拥有庞大用户群体。截至2021年，该公司月活跃用户规模已经突破3500万，是行业内影响力突出的移动游戏厂商。
HAS vs PLTK — 直观对比
营收规模更大
HAS
是对方的1.9倍
$744.7M
营收增速更快
HAS
高出25.8%
5.5%
净利率更高
HAS
高出21.7%
-7.7%
自由现金流更多
HAS
多$386.9M
$2.6M
两年增速更快
HAS
近两年复合增速
9.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $744.7M |
| 净利润 | $201.6M | $-57.5M |
| 毛利率 | 68.7% | 74.2% |
| 营业利润率 | 20.6% | -6.7% |
| 净利率 | 13.9% | -7.7% |
| 营收同比 | 31.3% | 5.5% |
| 净利润同比 | 687.8% | -287.9% |
| 每股收益（稀释后） | $1.46 | $-0.15 |
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HASPLTK
| Q1 26 | — | $744.7M | ||
| Q4 25 | $1.4B | $678.8M | ||
| Q3 25 | $1.4B | $674.6M | ||
| Q2 25 | $980.8M | $696.0M | ||
| Q1 25 | $887.1M | $706.0M | ||
| Q4 24 | $1.1B | $650.3M | ||
| Q3 24 | $1.3B | $620.8M | ||
| Q2 24 | $995.3M | $627.0M |
净利润HASPLTK
| Q1 26 | — | $-57.5M | ||
| Q4 25 | $201.6M | $-309.3M | ||
| Q3 25 | $233.2M | $39.1M | ||
| Q2 25 | $-855.8M | $33.2M | ||
| Q1 25 | $98.6M | $30.6M | ||
| Q4 24 | $-34.3M | $-16.7M | ||
| Q3 24 | $223.2M | $39.3M | ||
| Q2 24 | $138.5M | $86.6M |
毛利率HASPLTK
| Q1 26 | — | 74.2% | ||
| Q4 25 | 68.7% | 72.5% | ||
| Q3 25 | 70.1% | 73.6% | ||
| Q2 25 | 77.0% | 71.9% | ||
| Q1 25 | 76.9% | 72.0% | ||
| Q4 24 | 67.4% | 72.5% | ||
| Q3 24 | 70.4% | 72.9% | ||
| Q2 24 | 76.1% | 73.2% |
营业利润率HASPLTK
| Q1 26 | — | -6.7% | ||
| Q4 25 | 20.6% | -41.4% | ||
| Q3 25 | 24.6% | 14.6% | ||
| Q2 25 | -81.4% | 15.8% | ||
| Q1 25 | 19.2% | 9.6% | ||
| Q4 24 | 5.4% | 8.5% | ||
| Q3 24 | 23.6% | 15.7% | ||
| Q2 24 | 21.3% | 22.4% |
净利率HASPLTK
| Q1 26 | — | -7.7% | ||
| Q4 25 | 13.9% | -45.6% | ||
| Q3 25 | 16.8% | 5.8% | ||
| Q2 25 | -87.3% | 4.8% | ||
| Q1 25 | 11.1% | 4.3% | ||
| Q4 24 | -3.1% | -2.6% | ||
| Q3 24 | 17.4% | 6.3% | ||
| Q2 24 | 13.9% | 13.8% |
每股收益（稀释后）HASPLTK
| Q1 26 | — | $-0.15 | ||
| Q4 25 | $1.46 | $-0.83 | ||
| Q3 25 | $1.64 | $0.11 | ||
| Q2 25 | $-6.10 | $0.09 | ||
| Q1 25 | $0.70 | $0.08 | ||
| Q4 24 | $-0.25 | $-0.04 | ||
| Q3 24 | $1.59 | $0.11 | ||
| Q2 24 | $0.99 | $0.23 |
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 | — | $779.2M |
| 总债务越低越好 | — | $2.4B |
| 股东权益账面价值 | $565.5M | — |
| 总资产 | $5.6B | $3.7B |
| 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HASPLTK
| Q1 26 | — | $779.2M | ||
| Q4 25 | — | $684.2M | ||
| Q3 25 | — | $587.9M | ||
| Q2 25 | — | $500.9M | ||
| Q1 25 | — | $434.8M | ||
| Q4 24 | — | $565.8M | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $710.3M |
总债务HASPLTK
| Q1 26 | — | $2.4B | ||
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
股东权益HASPLTK
| Q1 26 | — | — | ||
| Q4 25 | $565.5M | $-411.4M | ||
| Q3 25 | $433.8M | $-74.8M | ||
| Q2 25 | $269.7M | $-87.8M | ||
| Q1 25 | $1.2B | $-117.2M | ||
| Q4 24 | $1.2B | $-131.1M | ||
| Q3 24 | $1.3B | $-98.0M | ||
| Q2 24 | $1.2B | $-112.9M |
总资产HASPLTK
| Q1 26 | — | $3.7B | ||
| Q4 25 | $5.6B | $3.7B | ||
| Q3 25 | $5.5B | $3.7B | ||
| Q2 25 | $5.2B | $3.6B | ||
| Q1 25 | $6.0B | $3.6B | ||
| Q4 24 | $6.3B | $3.6B | ||
| Q3 24 | $7.2B | $3.2B | ||
| Q2 24 | $6.9B | $3.2B |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $389.5M | $2.6M |
| 自由现金流率自由现金流/营收 | 26.9% | 0.3% |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | 2.00× | — |
| 过去12个月自由现金流最近4个季度 | $829.9M | $525.6M |
8季度趋势，按日历期对齐
经营现金流HASPLTK
| Q1 26 | — | — | ||
| Q4 25 | $403.2M | $285.9M | ||
| Q3 25 | $280.6M | $116.9M | ||
| Q2 25 | $71.3M | $146.1M | ||
| Q1 25 | $138.1M | $18.8M | ||
| Q4 24 | $259.8M | $153.1M | ||
| Q3 24 | $222.5M | $156.9M | ||
| Q2 24 | $187.3M | $150.5M |
自由现金流HASPLTK
| Q1 26 | — | $2.6M | ||
| Q4 25 | $389.5M | $275.2M | ||
| Q3 25 | $260.9M | $106.5M | ||
| Q2 25 | $55.2M | $141.3M | ||
| Q1 25 | $124.3M | $8.4M | ||
| Q4 24 | $200.8M | $140.3M | ||
| Q3 24 | $174.0M | $152.1M | ||
| Q2 24 | $135.4M | $141.2M |
自由现金流率HASPLTK
| Q1 26 | — | 0.3% | ||
| Q4 25 | 26.9% | 40.5% | ||
| Q3 25 | 18.8% | 15.8% | ||
| Q2 25 | 5.6% | 20.3% | ||
| Q1 25 | 14.0% | 1.2% | ||
| Q4 24 | 18.2% | 21.6% | ||
| Q3 24 | 13.6% | 24.5% | ||
| Q2 24 | 13.6% | 22.5% |
资本支出强度HASPLTK
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 1.6% | ||
| Q3 25 | 1.4% | 1.5% | ||
| Q2 25 | 1.6% | 0.7% | ||
| Q1 25 | 1.6% | 1.5% | ||
| Q4 24 | 5.4% | 2.0% | ||
| Q3 24 | 3.8% | 0.8% | ||
| Q2 24 | 5.2% | 1.5% |
现金转化率HASPLTK
| Q1 26 | — | — | ||
| Q4 25 | 2.00× | — | ||
| Q3 25 | 1.20× | 2.99× | ||
| Q2 25 | — | 4.40× | ||
| Q1 25 | 1.40× | 0.61× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.00× | 3.99× | ||
| Q2 24 | 1.35× | 1.74× |
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% |
PLTK
暂无分部数据
