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HF Foods Group Inc.（HFFG）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是HF Foods Group Inc.的2.0倍（$614.5M vs $308.0M），Cloudflare, Inc.净利率更高（-2.0% vs -12.1%，领先10.1%），Cloudflare, Inc.同比增速更快（33.6% vs 0.9%），Cloudflare, Inc.自由现金流更多（$105.2M vs $12.1M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 2.1%）
HF Sinclair Corporation是一家总部位于美国得克萨斯州达拉斯的美国能源企业，主要生产并销售汽油、柴油、航空燃油、可再生柴油、特种润滑油产品、特种化学品，以及特种改性沥青等多种能源与化工产品。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
HFFG vs NET — 直观对比
营收规模更大
NET
是对方的2.0倍
$308.0M
营收增速更快
NET
高出32.7%
0.9%
净利率更高
NET
高出10.1%
-12.1%
自由现金流更多
NET
多$93.1M
$12.1M
两年增速更快
NET
近两年复合增速
2.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $308.0M | $614.5M |
| 净利润 | $-37.3M | $-12.1M |
| 毛利率 | 16.6% | 73.6% |
| 营业利润率 | -12.8% | -8.0% |
| 净利率 | -12.1% | -2.0% |
| 营收同比 | 0.9% | 33.6% |
| 净利润同比 | 15.0% | 6.0% |
| 每股收益（稀释后） | $-0.70 | $-0.03 |
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HFFGNET
| Q4 25 | $308.0M | $614.5M | ||
| Q3 25 | $307.0M | $562.0M | ||
| Q2 25 | $314.9M | $512.3M | ||
| Q1 25 | $298.4M | $479.1M | ||
| Q4 24 | $305.3M | $459.9M | ||
| Q3 24 | $298.4M | $430.1M | ||
| Q2 24 | $302.3M | $401.0M | ||
| Q1 24 | $295.7M | $378.6M |
净利润HFFGNET
| Q4 25 | $-37.3M | $-12.1M | ||
| Q3 25 | $-1.1M | $-1.3M | ||
| Q2 25 | $1.2M | $-50.4M | ||
| Q1 25 | $-1.6M | $-38.5M | ||
| Q4 24 | $-43.9M | $-12.8M | ||
| Q3 24 | $-3.9M | $-15.3M | ||
| Q2 24 | $17.0K | $-15.1M | ||
| Q1 24 | $-694.0K | $-35.5M |
毛利率HFFGNET
| Q4 25 | 16.6% | 73.6% | ||
| Q3 25 | 16.4% | 74.0% | ||
| Q2 25 | 17.5% | 74.9% | ||
| Q1 25 | 17.1% | 75.9% | ||
| Q4 24 | 17.1% | 76.4% | ||
| Q3 24 | 16.8% | 77.7% | ||
| Q2 24 | 17.4% | 77.8% | ||
| Q1 24 | 17.1% | 77.5% |
营业利润率HFFGNET
| Q4 25 | -12.8% | -8.0% | ||
| Q3 25 | 0.4% | -6.7% | ||
| Q2 25 | 1.3% | -13.1% | ||
| Q1 25 | 0.4% | -11.1% | ||
| Q4 24 | -13.8% | -7.5% | ||
| Q3 24 | 0.2% | -7.2% | ||
| Q2 24 | 0.9% | -8.7% | ||
| Q1 24 | -0.0% | -14.4% |
净利率HFFGNET
| Q4 25 | -12.1% | -2.0% | ||
| Q3 25 | -0.4% | -0.2% | ||
| Q2 25 | 0.4% | -9.8% | ||
| Q1 25 | -0.6% | -8.0% | ||
| Q4 24 | -14.4% | -2.8% | ||
| Q3 24 | -1.3% | -3.6% | ||
| Q2 24 | 0.0% | -3.8% | ||
| Q1 24 | -0.2% | -9.4% |
每股收益（稀释后）HFFGNET
| Q4 25 | $-0.70 | $-0.03 | ||
| Q3 25 | $-0.02 | $0.00 | ||
| Q2 25 | $0.02 | $-0.15 | ||
| Q1 25 | $-0.03 | $-0.11 | ||
| Q4 24 | $-0.84 | $-0.05 | ||
| Q3 24 | $-0.07 | $-0.04 | ||
| Q2 24 | $0.00 | $-0.04 | ||
| Q1 24 | $-0.01 | $-0.10 |
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 | — | $943.5M |
| 总债务越低越好 | $106.1M | — |
| 股东权益账面价值 | $202.1M | $1.5B |
| 总资产 | $541.5M | $6.0B |
| 负债/权益比越低杠杆越低 | 0.53× | — |
8季度趋势，按日历期对齐
现金及短期投资HFFGNET
| Q4 25 | — | $943.5M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $204.5M | ||
| Q4 24 | — | $147.7M | ||
| Q3 24 | — | $182.9M | ||
| Q2 24 | — | $157.0M | ||
| Q1 24 | — | $254.4M |
总债务HFFGNET
| Q4 25 | $106.1M | — | ||
| Q3 25 | $107.3M | — | ||
| Q2 25 | $106.0M | — | ||
| Q1 25 | $107.4M | — | ||
| Q4 24 | $108.7M | — | ||
| Q3 24 | $110.1M | — | ||
| Q2 24 | $111.4M | — | ||
| Q1 24 | $112.8M | — |
股东权益HFFGNET
| Q4 25 | $202.1M | $1.5B | ||
| Q3 25 | $239.2M | $1.3B | ||
| Q2 25 | $239.7M | $1.2B | ||
| Q1 25 | $238.0M | $1.4B | ||
| Q4 24 | $239.3M | $1.0B | ||
| Q3 24 | $283.1M | $973.1M | ||
| Q2 24 | $286.3M | $881.5M | ||
| Q1 24 | $286.7M | $797.2M |
总资产HFFGNET
| Q4 25 | $541.5M | $6.0B | ||
| Q3 25 | $595.1M | $5.8B | ||
| Q2 25 | $593.5M | $5.6B | ||
| Q1 25 | $581.9M | $3.7B | ||
| Q4 24 | $550.0M | $3.3B | ||
| Q3 24 | $612.8M | $3.1B | ||
| Q2 24 | $616.9M | $2.9B | ||
| Q1 24 | $603.1M | $2.8B |
负债/权益比HFFGNET
| Q4 25 | 0.53× | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.44× | — | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.39× | — | ||
| Q1 24 | 0.39× | — |
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 | $21.0M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $12.1M | $105.2M |
| 自由现金流率自由现金流/营收 | 3.9% | 17.1% |
| 资本支出强度资本支出/营收 | 2.9% | 13.9% |
| 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 | $6.6M | $287.5M |
8季度趋势，按日历期对齐
经营现金流HFFGNET
| Q4 25 | $21.0M | $190.4M | ||
| Q3 25 | $-6.0M | $167.1M | ||
| Q2 25 | $3.5M | $99.8M | ||
| Q1 25 | $6.9M | $145.8M | ||
| Q4 24 | $18.4M | $127.3M | ||
| Q3 24 | $2.3M | $104.7M | ||
| Q2 24 | $-9.3M | $74.8M | ||
| Q1 24 | $11.2M | $73.6M |
自由现金流HFFGNET
| Q4 25 | $12.1M | $105.2M | ||
| Q3 25 | $-9.3M | $82.5M | ||
| Q2 25 | $363.0K | $39.9M | ||
| Q1 25 | $3.4M | $59.9M | ||
| Q4 24 | $15.3M | $54.2M | ||
| Q3 24 | $-820.0K | $54.5M | ||
| Q2 24 | $-13.0M | $45.2M | ||
| Q1 24 | $8.6M | $41.5M |
自由现金流率HFFGNET
| Q4 25 | 3.9% | 17.1% | ||
| Q3 25 | -3.0% | 14.7% | ||
| Q2 25 | 0.1% | 7.8% | ||
| Q1 25 | 1.1% | 12.5% | ||
| Q4 24 | 5.0% | 11.8% | ||
| Q3 24 | -0.3% | 12.7% | ||
| Q2 24 | -4.3% | 11.3% | ||
| Q1 24 | 2.9% | 11.0% |
资本支出强度HFFGNET
| Q4 25 | 2.9% | 13.9% | ||
| Q3 25 | 1.1% | 15.1% | ||
| Q2 25 | 1.0% | 11.7% | ||
| Q1 25 | 1.2% | 17.9% | ||
| Q4 24 | 1.0% | 15.9% | ||
| Q3 24 | 1.0% | 11.7% | ||
| Q2 24 | 1.2% | 7.4% | ||
| Q1 24 | 0.9% | 8.5% |
现金转化率HFFGNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.89× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -546.06× | — | ||
| Q1 24 | — | — |
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
HFFG
| Seafood | $110.2M | 36% |
| Meat And Poultry | $62.7M | 20% |
| Asian Specialty | $55.3M | 18% |
| Commodity Product | $35.1M | 11% |
| Fresh Produce | $29.9M | 10% |
| Packaging And Other | $14.7M | 5% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
