vs
Hayward Holdings, Inc.（HAYW）与利丰（LBGJ）财务数据对比。点击上方公司名可切换其他公司
Hayward Holdings, Inc.的季度营收约是利丰的74.1倍（$349.4M vs $4.7M）。Hayward Holdings, Inc.净利率更高（19.6% vs -23.9%，领先43.4%）
海沃德控股前身为巴特利特-海沃德公司，是美国本土金属加工企业，总部位于马里兰州巴尔的摩，业务涵盖大型铸造、制造及工程建造板块。公司创立于19世纪30年代，1925年之前保持独立运营，1927年被科伯斯公司收购，之后长期作为其旗下事业部开展业务。
利丰有限公司是总部位于中国香港的供应链管理企业，创立于1906年，1973年上市。公司长期为北美及欧洲的大型零售商，供应服装、玩具及各类消费品，上市后业务规模稳步扩张，2011年市值达到峰值。近年阿里巴巴、亚马逊等直达制造商与消费者的平台兴起，为行业带来了全新竞争格局。
HAYW vs LBGJ — 直观对比
营收规模更大
HAYW
是对方的74.1倍
$4.7M
净利率更高
HAYW
高出43.4%
-23.9%
损益表 — Q4 2025 vs Q4 2024
| 指标 | | |
|---|---|---|
| 营收 | $349.4M | $4.7M |
| 净利润 | $68.4M | $-1.1M |
| 毛利率 | 40.7% | 17.8% |
| 营业利润率 | 25.0% | -25.1% |
| 净利率 | 19.6% | -23.9% |
| 营收同比 | 6.8% | — |
| 净利润同比 | 25.0% | — |
| 每股收益（稀释后） | $0.31 | $-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HAYWLBGJ
| Q4 25 | $349.4M | — | ||
| Q3 25 | $244.3M | — | ||
| Q2 25 | $299.6M | — | ||
| Q1 25 | $228.8M | — | ||
| Q4 24 | $327.1M | $4.7M | ||
| Q3 24 | $227.6M | — | ||
| Q2 24 | $284.4M | — | ||
| Q1 24 | $212.6M | — |
净利润HAYWLBGJ
| Q4 25 | $68.4M | — | ||
| Q3 25 | $24.0M | — | ||
| Q2 25 | $44.8M | — | ||
| Q1 25 | $14.3M | — | ||
| Q4 24 | $54.7M | $-1.1M | ||
| Q3 24 | $16.5M | — | ||
| Q2 24 | $37.6M | — | ||
| Q1 24 | $9.8M | — |
毛利率HAYWLBGJ
| Q4 25 | 40.7% | — | ||
| Q3 25 | 51.2% | — | ||
| Q2 25 | 52.7% | — | ||
| Q1 25 | 49.5% | — | ||
| Q4 24 | 51.4% | 17.8% | ||
| Q3 24 | 49.7% | — | ||
| Q2 24 | 51.0% | — | ||
| Q1 24 | 49.2% | — |
营业利润率HAYWLBGJ
| Q4 25 | 25.0% | — | ||
| Q3 25 | 16.8% | — | ||
| Q2 25 | 23.8% | — | ||
| Q1 25 | 14.6% | — | ||
| Q4 24 | 23.4% | -25.1% | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | 23.9% | — | ||
| Q1 24 | 14.5% | — |
净利率HAYWLBGJ
| Q4 25 | 19.6% | — | ||
| Q3 25 | 9.8% | — | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | 6.3% | — | ||
| Q4 24 | 16.7% | -23.9% | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 13.2% | — | ||
| Q1 24 | 4.6% | — |
每股收益（稀释后）HAYWLBGJ
| Q4 25 | $0.31 | — | ||
| Q3 25 | $0.11 | — | ||
| Q2 25 | $0.20 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $0.26 | $-0.06 | ||
| Q3 24 | $0.07 | — | ||
| Q2 24 | $0.17 | — | ||
| Q1 24 | $0.04 | — |
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 | $399.1M | — |
| 总债务越低越好 | $943.5M | $10.2M |
| 股东权益账面价值 | $1.6B | $7.8M |
| 总资产 | $3.2B | $28.8M |
| 负债/权益比越低杠杆越低 | 0.59× | 1.31× |
8季度趋势，按日历期对齐
现金及短期投资HAYWLBGJ
| Q4 25 | $399.1M | — | ||
| Q3 25 | $448.3M | — | ||
| Q2 25 | $365.1M | — | ||
| Q1 25 | $181.3M | — | ||
| Q4 24 | $196.6M | — | ||
| Q3 24 | $274.2M | — | ||
| Q2 24 | $215.1M | — | ||
| Q1 24 | $115.9M | — |
总债务HAYWLBGJ
| Q4 25 | $943.5M | — | ||
| Q3 25 | $947.7M | — | ||
| Q2 25 | $949.1M | — | ||
| Q1 25 | $950.4M | — | ||
| Q4 24 | $950.6M | $10.2M | ||
| Q3 24 | $959.9M | — | ||
| Q2 24 | $959.8M | — | ||
| Q1 24 | $1.1B | — |
股东权益HAYWLBGJ
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | $7.8M | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.3B | — |
总资产HAYWLBGJ
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.0B | $28.8M | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.9B | — | ||
| Q1 24 | $2.9B | — |
负债/权益比HAYWLBGJ
| Q4 25 | 0.59× | — | ||
| Q3 25 | 0.62× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.67× | 1.31× | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.71× | — | ||
| Q1 24 | 0.82× | — |
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 | $-26.9M | $258.4K |
| 自由现金流经营现金流 - 资本支出 | $-35.8M | — |
| 自由现金流率自由现金流/营收 | -10.3% | — |
| 资本支出强度资本支出/营收 | 2.5% | — |
| 现金转化率经营现金流/净利润 | -0.39× | — |
| 过去12个月自由现金流最近4个季度 | $227.3M | — |
8季度趋势，按日历期对齐
经营现金流HAYWLBGJ
| Q4 25 | $-26.9M | — | ||
| Q3 25 | $94.6M | — | ||
| Q2 25 | $194.2M | — | ||
| Q1 25 | $-5.8M | — | ||
| Q4 24 | $-63.7M | $258.4K | ||
| Q3 24 | $65.9M | — | ||
| Q2 24 | $287.0M | — | ||
| Q1 24 | $-77.2M | — |
自由现金流HAYWLBGJ
| Q4 25 | $-35.8M | — | ||
| Q3 25 | $87.2M | — | ||
| Q2 25 | $187.3M | — | ||
| Q1 25 | $-11.4M | — | ||
| Q4 24 | $-70.4M | — | ||
| Q3 24 | $59.1M | — | ||
| Q2 24 | $282.3M | — | ||
| Q1 24 | $-83.1M | — |
自由现金流率HAYWLBGJ
| Q4 25 | -10.3% | — | ||
| Q3 25 | 35.7% | — | ||
| Q2 25 | 62.5% | — | ||
| Q1 25 | -5.0% | — | ||
| Q4 24 | -21.5% | — | ||
| Q3 24 | 26.0% | — | ||
| Q2 24 | 99.3% | — | ||
| Q1 24 | -39.1% | — |
资本支出强度HAYWLBGJ
| Q4 25 | 2.5% | — | ||
| Q3 25 | 3.0% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | 1.7% | — | ||
| Q1 24 | 2.8% | — |
现金转化率HAYWLBGJ
| Q4 25 | -0.39× | — | ||
| Q3 25 | 3.94× | — | ||
| Q2 25 | 4.34× | — | ||
| Q1 25 | -0.41× | — | ||
| Q4 24 | -1.16× | — | ||
| Q3 24 | 4.00× | — | ||
| Q2 24 | 7.64× | — | ||
| Q1 24 | -7.85× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
