vs
康宝莱（HLF）与HWH International Inc.（HWH）财务数据对比。点击上方公司名可切换其他公司
康宝莱的季度营收约是HWH International Inc.的6204.7倍（$1.3B vs $206.8K）。康宝莱净利率更高（6.7% vs -140.7%，领先147.4%）。康宝莱同比增速更快（6.3% vs -40.2%）。康宝莱自由现金流更多（$79.8M vs $-217.9K）
康宝莱是美国跨国多层次营销企业，主营膳食补充剂的研发与销售。该公司曾被指控涉嫌金字塔骗局欺诈运营，2016年与美国证监会达成协议后调整了薪酬体系，将经销商奖励与可核实的实际销售额挂钩。此外其部分产品曾被曝出引发急性肝炎的相关问题。
HWH国际有限公司主营全球奢华文旅与生活方式服务业务，面向高净值个人及企业客户提供高端旅行会员权益、定制化专属旅行体验，以及全球奢华度假酒店、高端餐饮与休闲场所的专属访问权限，核心市场覆盖北美、亚太及欧洲地区。
HLF vs HWH — 直观对比
营收规模更大
HLF
是对方的6204.7倍
$206.8K
营收增速更快
HLF
高出46.4%
-40.2%
净利率更高
HLF
高出147.4%
-140.7%
自由现金流更多
HLF
多$80.0M
$-217.9K
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $206.8K |
| 净利润 | $85.4M | $-291.0K |
| 毛利率 | 77.5% | 59.8% |
| 营业利润率 | 7.8% | -142.7% |
| 净利率 | 6.7% | -140.7% |
| 营收同比 | 6.3% | -40.2% |
| 净利润同比 | -52.0% | 46.9% |
| 每股收益（稀释后） | $0.81 | — |
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HLFHWH
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | $206.8K | ||
| Q2 25 | $1.3B | $310.4K | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.2B | $287.1K | ||
| Q3 24 | $1.2B | $345.5K | ||
| Q2 24 | $1.3B | $334.9K | ||
| Q1 24 | $1.3B | $286.1K |
净利润HLFHWH
| Q4 25 | $85.4M | — | ||
| Q3 25 | $43.2M | $-291.0K | ||
| Q2 25 | $49.3M | $83.4K | ||
| Q1 25 | $50.4M | — | ||
| Q4 24 | $177.9M | $-476.7K | ||
| Q3 24 | $47.4M | $-548.5K | ||
| Q2 24 | $4.7M | $-387.9K | ||
| Q1 24 | $24.3M | $-1.3M |
毛利率HLFHWH
| Q4 25 | 77.5% | — | ||
| Q3 25 | 77.7% | 59.8% | ||
| Q2 25 | 78.0% | 48.0% | ||
| Q1 25 | 78.3% | — | ||
| Q4 24 | 77.8% | 39.6% | ||
| Q3 24 | 78.3% | 46.3% | ||
| Q2 24 | 77.9% | 49.2% | ||
| Q1 24 | 77.5% | 57.1% |
营业利润率HLFHWH
| Q4 25 | 7.8% | — | ||
| Q3 25 | 9.9% | -142.7% | ||
| Q2 25 | 10.5% | 24.5% | ||
| Q1 25 | 10.1% | — | ||
| Q4 24 | 8.8% | -170.2% | ||
| Q3 24 | 10.2% | -155.5% | ||
| Q2 24 | 6.3% | -120.5% | ||
| Q1 24 | 5.7% | -467.1% |
净利率HLFHWH
| Q4 25 | 6.7% | — | ||
| Q3 25 | 3.4% | -140.7% | ||
| Q2 25 | 3.9% | 26.9% | ||
| Q1 25 | 4.1% | — | ||
| Q4 24 | 14.7% | -166.1% | ||
| Q3 24 | 3.8% | -158.7% | ||
| Q2 24 | 0.4% | -115.8% | ||
| Q1 24 | 1.9% | -467.2% |
每股收益（稀释后）HLFHWH
| Q4 25 | $0.81 | — | ||
| Q3 25 | $0.42 | — | ||
| Q2 25 | $0.48 | — | ||
| Q1 25 | $0.49 | — | ||
| Q4 24 | $1.75 | — | ||
| Q3 24 | $0.46 | — | ||
| Q2 24 | $0.05 | — | ||
| Q1 24 | $0.24 | — |
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 | $353.1M | $2.9M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $-515.1M | $2.8M |
| 总资产 | $2.8B | $5.2M |
| 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HLFHWH
| Q4 25 | $353.1M | — | ||
| Q3 25 | $305.5M | $2.9M | ||
| Q2 25 | $320.9M | $3.7M | ||
| Q1 25 | $329.4M | — | ||
| Q4 24 | $415.3M | $4.4M | ||
| Q3 24 | $402.5M | $836.3K | ||
| Q2 24 | $374.0M | $958.9K | ||
| Q1 24 | $398.3M | $1.1M |
总债务HLFHWH
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — | ||
| Q1 24 | $2.4B | — |
股东权益HLFHWH
| Q4 25 | $-515.1M | — | ||
| Q3 25 | $-612.0M | $2.8M | ||
| Q2 25 | $-660.5M | $3.2M | ||
| Q1 25 | $-736.0M | — | ||
| Q4 24 | $-801.1M | $2.8M | ||
| Q3 24 | $-954.2M | $-374.9K | ||
| Q2 24 | $-1.0B | $-3.6M | ||
| Q1 24 | $-1.0B | $-3.1M |
总资产HLFHWH
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.7B | $5.2M | ||
| Q2 25 | $2.7B | $10.6M | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.7B | $6.4M | ||
| Q3 24 | $2.7B | $2.9M | ||
| Q2 24 | $2.6B | $3.1M | ||
| Q1 24 | $2.6B | $2.6M |
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 | $98.3M | $-199.9K |
| 自由现金流经营现金流 - 资本支出 | $79.8M | $-217.9K |
| 自由现金流率自由现金流/营收 | 6.2% | -105.4% |
| 资本支出强度资本支出/营收 | 1.4% | 8.7% |
| 现金转化率经营现金流/净利润 | 1.15× | — |
| 过去12个月自由现金流最近4个季度 | $252.9M | — |
8季度趋势，按日历期对齐
经营现金流HLFHWH
| Q4 25 | $98.3M | — | ||
| Q3 25 | $138.8M | $-199.9K | ||
| Q2 25 | $96.0M | $26.9K | ||
| Q1 25 | $200.0K | — | ||
| Q4 24 | $69.6M | $-415.2K | ||
| Q3 24 | $99.5M | $-275.0K | ||
| Q2 24 | $102.5M | $-490.8K | ||
| Q1 24 | $13.8M | $-638.2K |
自由现金流HLFHWH
| Q4 25 | $79.8M | — | ||
| Q3 25 | $118.0M | $-217.9K | ||
| Q2 25 | $73.2M | — | ||
| Q1 25 | $-18.1M | — | ||
| Q4 24 | $43.9M | $-415.5K | ||
| Q3 24 | $72.4M | $-277.1K | ||
| Q2 24 | $66.2M | $-516.8K | ||
| Q1 24 | $-19.1M | $-640.3K |
自由现金流率HLFHWH
| Q4 25 | 6.2% | — | ||
| Q3 25 | 9.3% | -105.4% | ||
| Q2 25 | 5.8% | — | ||
| Q1 25 | -1.5% | — | ||
| Q4 24 | 3.6% | -144.7% | ||
| Q3 24 | 5.8% | -80.2% | ||
| Q2 24 | 5.2% | -154.3% | ||
| Q1 24 | -1.5% | -223.8% |
资本支出强度HLFHWH
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.6% | 8.7% | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 2.1% | 0.1% | ||
| Q3 24 | 2.2% | 0.6% | ||
| Q2 24 | 2.8% | 7.7% | ||
| Q1 24 | 2.6% | 0.7% |
现金转化率HLFHWH
| Q4 25 | 1.15× | — | ||
| Q3 25 | 3.21× | — | ||
| Q2 25 | 1.95× | 0.32× | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 2.10× | — | ||
| Q2 24 | 21.81× | — | ||
| Q1 24 | 0.57× | — |
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
HLF
| Others | $514.4M | 40% |
| Other | $300.0M | 23% |
| IN | $250.3M | 20% |
| MX | $147.2M | 11% |
| VN | $71.1M | 6% |
HWH
暂无分部数据
