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孩之宝（HAS）与RENAISSANCERE HOLDINGS LTD（RNR）财务数据对比。点击上方公司名可切换其他公司
RENAISSANCERE HOLDINGS LTD的季度营收约是孩之宝的1.5倍（$2.2B vs $1.4B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 13.9%，领先9.6%），孩之宝同比增速更快（31.3% vs -36.8%），过去两年孩之宝的营收复合增速更高（38.2% vs -11.9%）
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。
RenaissanceRe Holdings Ltd是总部位于百慕大的保险及相关商业服务提供商，核心业务覆盖再保险、常规保险两大板块，同时运营风险相关创新投资业务，为全球客户提供专业的风险对冲与保险解决方案。
HAS vs RNR — 直观对比
营收规模更大
RNR
是对方的1.5倍
$1.4B
营收增速更快
HAS
高出68.0%
-36.8%
净利率更高
RNR
高出9.6%
13.9%
两年增速更快
HAS
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.2B |
| 净利润 | $201.6M | $515.8M |
| 毛利率 | 68.7% | — |
| 营业利润率 | 20.6% | — |
| 净利率 | 13.9% | 23.5% |
| 营收同比 | 31.3% | -36.8% |
| 净利润同比 | 687.8% | 72.6% |
| 每股收益（稀释后） | $1.46 | $6.57 |
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HASRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.4B | $3.0B | ||
| Q3 25 | $1.4B | $3.2B | ||
| Q2 25 | $980.8M | $3.2B | ||
| Q1 25 | $887.1M | $3.5B | ||
| Q4 24 | $1.1B | $2.3B | ||
| Q3 24 | $1.3B | $4.0B | ||
| Q2 24 | $995.3M | $2.8B |
净利润HASRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $201.6M | $760.5M | ||
| Q3 25 | $233.2M | $916.5M | ||
| Q2 25 | $-855.8M | $835.4M | ||
| Q1 25 | $98.6M | $170.0M | ||
| Q4 24 | $-34.3M | $-189.7M | ||
| Q3 24 | $223.2M | $1.2B | ||
| Q2 24 | $138.5M | $503.9M |
毛利率HASRNR
| Q1 26 | — | — | ||
| Q4 25 | 68.7% | — | ||
| Q3 25 | 70.1% | — | ||
| Q2 25 | 77.0% | — | ||
| Q1 25 | 76.9% | — | ||
| Q4 24 | 67.4% | — | ||
| Q3 24 | 70.4% | — | ||
| Q2 24 | 76.1% | — |
营业利润率HASRNR
| Q1 26 | — | — | ||
| Q4 25 | 20.6% | 42.5% | ||
| Q3 25 | 24.6% | 46.3% | ||
| Q2 25 | -81.4% | 41.8% | ||
| Q1 25 | 19.2% | -2.0% | ||
| Q4 24 | 5.4% | -3.6% | ||
| Q3 24 | 23.6% | 43.7% | ||
| Q2 24 | 21.3% | 25.0% |
净利率HASRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | 13.9% | 25.6% | ||
| Q3 25 | 16.8% | 28.7% | ||
| Q2 25 | -87.3% | 26.1% | ||
| Q1 25 | 11.1% | 4.9% | ||
| Q4 24 | -3.1% | -8.3% | ||
| Q3 24 | 17.4% | 29.8% | ||
| Q2 24 | 13.9% | 17.8% |
每股收益（稀释后）HASRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $1.46 | $16.16 | ||
| Q3 25 | $1.64 | $19.40 | ||
| Q2 25 | $-6.10 | $17.20 | ||
| Q1 25 | $0.70 | $3.27 | ||
| Q4 24 | $-0.25 | $-3.76 | ||
| Q3 24 | $1.59 | $22.62 | ||
| Q2 24 | $0.99 | $9.41 |
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 | — | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $565.5M | $4.3B |
| 总资产 | $5.6B | $53.7B |
| 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HASRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B |
总债务HASRNR
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
股东权益HASRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $565.5M | $11.6B | ||
| Q3 25 | $433.8M | $11.5B | ||
| Q2 25 | $269.7M | $10.8B | ||
| Q1 25 | $1.2B | $10.3B | ||
| Q4 24 | $1.2B | $10.6B | ||
| Q3 24 | $1.3B | $11.2B | ||
| Q2 24 | $1.2B | $10.2B |
总资产HASRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $5.6B | $53.8B | ||
| Q3 25 | $5.5B | $54.5B | ||
| Q2 25 | $5.2B | $54.7B | ||
| Q1 25 | $6.0B | $53.6B | ||
| Q4 24 | $6.3B | $50.7B | ||
| Q3 24 | $7.2B | $52.8B | ||
| Q2 24 | $6.9B | $51.6B |
负债/权益比HASRNR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.19× |
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 | — |
| 自由现金流率自由现金流/营收 | 26.9% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流HASRNR
| Q1 26 | — | — | ||
| Q4 25 | $403.2M | $483.0M | ||
| Q3 25 | $280.6M | $1.6B | ||
| Q2 25 | $71.3M | $1.5B | ||
| Q1 25 | $138.1M | $157.8M | ||
| Q4 24 | $259.8M | $778.9M | ||
| Q3 24 | $222.5M | $1.5B | ||
| Q2 24 | $187.3M | $1.2B |
自由现金流HASRNR
| Q1 26 | — | — | ||
| Q4 25 | $389.5M | — | ||
| Q3 25 | $260.9M | — | ||
| Q2 25 | $55.2M | — | ||
| Q1 25 | $124.3M | — | ||
| Q4 24 | $200.8M | — | ||
| Q3 24 | $174.0M | — | ||
| Q2 24 | $135.4M | — |
自由现金流率HASRNR
| Q1 26 | — | — | ||
| Q4 25 | 26.9% | — | ||
| Q3 25 | 18.8% | — | ||
| Q2 25 | 5.6% | — | ||
| Q1 25 | 14.0% | — | ||
| Q4 24 | 18.2% | — | ||
| Q3 24 | 13.6% | — | ||
| Q2 24 | 13.6% | — |
资本支出强度HASRNR
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 3.8% | — | ||
| Q2 24 | 5.2% | — |
现金转化率HASRNR
| Q1 26 | — | — | ||
| Q4 25 | 2.00× | 0.64× | ||
| Q3 25 | 1.20× | 1.73× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | 1.40× | 0.93× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.00× | 1.26× | ||
| Q2 24 | 1.35× | 2.41× |
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% |
RNR
暂无分部数据
