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HECLA MINING CO（HL）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
HECLA MINING CO的季度营收约是世纪互联的1.2倍（$448.1M vs $362.7M），HECLA MINING CO净利率更高（30.0% vs -10.7%，领先40.7%），HECLA MINING CO自由现金流更多（$134.7M vs $-193.1M），过去两年HECLA MINING CO的营收复合增速更高（53.8% vs 17.4%）
赫克拉矿业是总部位于美国的金属开采企业，主营银、金、铅、锌等矿产开发，矿区主要分布于北美地区，产品供应珠宝、工业制造、新能源供应链等领域，是美国头部原生银生产商之一。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
HL vs VNET — 直观对比
营收规模更大
HL
是对方的1.2倍
$362.7M
净利率更高
HL
高出40.7%
-10.7%
自由现金流更多
HL
多$327.8M
$-193.1M
两年增速更快
HL
近两年复合增速
17.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $448.1M | $362.7M |
| 净利润 | $134.4M | $-38.7M |
| 毛利率 | 55.4% | 20.9% |
| 营业利润率 | 49.1% | 0.5% |
| 净利率 | 30.0% | -10.7% |
| 营收同比 | 79.5% | — |
| 净利润同比 | 1027.2% | — |
| 每股收益（稀释后） | $0.20 | — |
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HLVNET
| Q4 25 | $448.1M | — | ||
| Q3 25 | $409.5M | $362.7M | ||
| Q2 25 | $304.0M | — | ||
| Q1 25 | $261.3M | $309.5M | ||
| Q4 24 | $249.7M | — | ||
| Q3 24 | $245.1M | $302.2M | ||
| Q2 24 | $245.7M | $274.4M | ||
| Q1 24 | $189.5M | $262.9M |
净利润HLVNET
| Q4 25 | $134.4M | — | ||
| Q3 25 | $100.7M | $-38.7M | ||
| Q2 25 | $57.7M | — | ||
| Q1 25 | $28.9M | $-2.4M | ||
| Q4 24 | $11.9M | — | ||
| Q3 24 | $1.8M | $-2.1M | ||
| Q2 24 | $27.9M | $-1.1M | ||
| Q1 24 | $-5.8M | $-22.0M |
毛利率HLVNET
| Q4 25 | 55.4% | — | ||
| Q3 25 | 44.1% | 20.9% | ||
| Q2 25 | 39.3% | — | ||
| Q1 25 | 28.3% | 25.2% | ||
| Q4 24 | 27.4% | — | ||
| Q3 24 | 24.2% | 23.2% | ||
| Q2 24 | 20.9% | 21.3% | ||
| Q1 24 | 10.1% | 21.6% |
营业利润率HLVNET
| Q4 25 | 49.1% | — | ||
| Q3 25 | 36.3% | 0.5% | ||
| Q2 25 | 30.8% | — | ||
| Q1 25 | 20.0% | 0.1% | ||
| Q4 24 | 15.3% | — | ||
| Q3 24 | 9.2% | 24.5% | ||
| Q2 24 | 16.5% | 0.2% | ||
| Q1 24 | 2.7% | 0.2% |
净利率HLVNET
| Q4 25 | 30.0% | — | ||
| Q3 25 | 24.6% | -10.7% | ||
| Q2 25 | 19.0% | — | ||
| Q1 25 | 11.0% | -0.8% | ||
| Q4 24 | 4.8% | — | ||
| Q3 24 | 0.7% | -0.7% | ||
| Q2 24 | 11.3% | -0.4% | ||
| Q1 24 | -3.0% | -8.4% |
每股收益（稀释后）HLVNET
| Q4 25 | $0.20 | — | ||
| Q3 25 | $0.15 | — | ||
| Q2 25 | $0.09 | — | ||
| Q1 25 | $0.05 | — | ||
| Q4 24 | $0.03 | — | ||
| Q3 24 | $0.00 | — | ||
| Q2 24 | $0.04 | — | ||
| Q1 24 | $-0.01 | — |
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 | $301.2M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.6B | $890.8M |
| 总资产 | $3.6B | $6.1B |
| 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HLVNET
| Q4 25 | $301.2M | — | ||
| Q3 25 | $133.9M | $492.1M | ||
| Q2 25 | $296.6M | — | ||
| Q1 25 | $23.7M | $544.3M | ||
| Q4 24 | $26.9M | — | ||
| Q3 24 | $22.3M | $219.5M | ||
| Q2 24 | $24.6M | $247.2M | ||
| Q1 24 | $80.2M | $246.9M |
总债务HLVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HLVNET
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.4B | $890.8M | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.1B | $927.8M | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | $902.9M | ||
| Q2 24 | $2.0B | $900.6M | ||
| Q1 24 | $2.0B | $895.1M |
总资产HLVNET
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.2B | $6.1B | ||
| Q2 25 | $3.3B | — | ||
| Q1 25 | $3.0B | $5.4B | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.0B | $4.3B | ||
| Q2 24 | $2.9B | $4.0B | ||
| Q1 24 | $3.0B | $3.9B |
负债/权益比HLVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| 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 | $217.1M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $134.7M | $-193.1M |
| 自由现金流率自由现金流/营收 | 30.1% | -53.2% |
| 资本支出强度资本支出/营收 | 18.4% | 84.6% |
| 现金转化率经营现金流/净利润 | 1.61× | — |
| 过去12个月自由现金流最近4个季度 | $310.2M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流HLVNET
| Q4 25 | $217.1M | — | ||
| Q3 25 | $148.0M | $113.8M | ||
| Q2 25 | $161.8M | — | ||
| Q1 25 | $35.7M | $27.0M | ||
| Q4 24 | $67.5M | — | ||
| Q3 24 | $55.0M | $108.3M | ||
| Q2 24 | $78.7M | $55.8M | ||
| Q1 24 | $17.1M | $37.1M |
自由现金流HLVNET
| Q4 25 | $134.7M | — | ||
| Q3 25 | $90.1M | $-193.1M | ||
| Q2 25 | $103.8M | — | ||
| Q1 25 | $-18.4M | $-220.0M | ||
| Q4 24 | $6.7M | — | ||
| Q3 24 | $-690.0K | $-95.0M | ||
| Q2 24 | $28.3M | $-81.6M | ||
| Q1 24 | $-30.5M | $-102.2M |
自由现金流率HLVNET
| Q4 25 | 30.1% | — | ||
| Q3 25 | 22.0% | -53.2% | ||
| Q2 25 | 34.1% | — | ||
| Q1 25 | -7.0% | -71.1% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | -0.3% | -31.4% | ||
| Q2 24 | 11.5% | -29.8% | ||
| Q1 24 | -16.1% | -38.9% |
资本支出强度HLVNET
| Q4 25 | 18.4% | — | ||
| Q3 25 | 14.1% | 84.6% | ||
| Q2 25 | 19.1% | — | ||
| Q1 25 | 20.7% | 79.8% | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 22.7% | 67.3% | ||
| Q2 24 | 20.5% | 50.1% | ||
| Q1 24 | 25.1% | 53.0% |
现金转化率HLVNET
| Q4 25 | 1.61× | — | ||
| Q3 25 | 1.47× | — | ||
| Q2 25 | 2.80× | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 5.66× | — | ||
| Q3 24 | 31.24× | — | ||
| Q2 24 | 2.82× | — | ||
| 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
HL
| Silver Contracts | $258.5M | 58% |
| Gold | $129.2M | 29% |
| Zinc | $30.3M | 7% |
| Lead | $23.3M | 5% |
| Environmental Remediation Services | $9.2M | 2% |
VNET
暂无分部数据
