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汇丰控股有限公司（HSBC）与塔吉特（TGT）财务数据对比。点击上方公司名可切换其他公司
汇丰控股有限公司的季度营收约是塔吉特的1.1倍（$28.6B vs $25.3B），汇丰控股有限公司净利率更高（25.7% vs 2.7%，领先23.0%），汇丰控股有限公司自由现金流更多（$64.0B vs $149.0M）
汇丰控股有限公司是总部位于英国伦敦的全能银行及金融服务集团，历史与业务均与东亚市场渊源深厚，业务布局覆盖全球。截至2024年9月，集团总资产达3.098万亿美元，为欧洲规模最大的银行，全球总资产排名第7位，同时是全球第三大非国有银行。
塔吉特公司是总部位于美国明尼苏达州明尼阿波利斯的大型零售集团，为美国第八大零售商，也是标普500指数成分股，在全美运营大量实体零售门店，主营日常消费品等品类，拥有庞大的消费客群与较高的市场知名度。
HSBC vs TGT — 直观对比
营收规模更大
HSBC
是对方的1.1倍
$25.3B
净利率更高
HSBC
高出23.0%
2.7%
自由现金流更多
HSBC
多$63.8B
$149.0M
损益表 — Q4 FY2024 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $28.6B | $25.3B |
| 净利润 | $7.3B | $689.0M |
| 毛利率 | — | 28.2% |
| 营业利润率 | 33.1% | 3.8% |
| 净利率 | 25.7% | 2.7% |
| 营收同比 | — | -1.6% |
| 净利润同比 | — | -19.3% |
| 每股收益（稀释后） | $0.36 | $1.51 |
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HSBCTGT
| Q4 25 | — | $25.3B | ||
| Q3 25 | — | $25.2B | ||
| Q2 25 | — | $23.8B | ||
| Q1 25 | $28.6B | $30.9B | ||
| Q4 24 | — | $25.7B | ||
| Q3 24 | — | $25.5B | ||
| Q2 24 | — | $24.5B | ||
| Q1 24 | — | $31.9B |
净利润HSBCTGT
| Q4 25 | — | $689.0M | ||
| Q3 25 | — | $935.0M | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | $7.3B | $1.1B | ||
| Q4 24 | — | $854.0M | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $942.0M | ||
| Q1 24 | — | $1.4B |
毛利率HSBCTGT
| Q4 25 | — | 28.2% | ||
| Q3 25 | — | 29.0% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | — | 26.0% | ||
| Q4 24 | — | 28.4% | ||
| Q3 24 | — | 30.1% | ||
| Q2 24 | — | 28.9% | ||
| Q1 24 | — | 26.7% |
营业利润率HSBCTGT
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 5.2% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | 33.1% | 4.7% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 6.4% | ||
| Q2 24 | — | 5.3% | ||
| Q1 24 | — | 5.8% |
净利率HSBCTGT
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | 25.7% | 3.6% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | — | 3.8% | ||
| Q1 24 | — | 4.3% |
每股收益（稀释后）HSBCTGT
| Q4 25 | — | $1.51 | ||
| Q3 25 | — | $2.05 | ||
| Q2 25 | — | $2.27 | ||
| Q1 25 | $0.36 | $2.41 | ||
| Q4 24 | — | $1.85 | ||
| Q3 24 | — | $2.57 | ||
| Q2 24 | — | $2.03 | ||
| Q1 24 | — | $2.99 |
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 | $434.9B | $3.8B |
| 总债务越低越好 | — | $15.4B |
| 股东权益账面价值 | $192.3B | $15.5B |
| 总资产 | $3017.0B | $60.0B |
| 负债/权益比越低杠杆越低 | — | 0.99× |
8季度趋势，按日历期对齐
现金及短期投资HSBCTGT
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $4.3B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | $434.9B | $8.7B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | — | $3.6B | ||
| Q1 24 | — | $6.7B |
总债务HSBCTGT
| Q4 25 | — | $15.4B | ||
| Q3 25 | — | $15.3B | ||
| Q2 25 | — | $14.3B | ||
| Q1 25 | — | $14.3B | ||
| Q4 24 | — | $14.3B | ||
| Q3 24 | — | $13.7B | ||
| Q2 24 | — | $13.5B | ||
| Q1 24 | — | $14.9B |
股东权益HSBCTGT
| Q4 25 | — | $15.5B | ||
| Q3 25 | — | $15.4B | ||
| Q2 25 | — | $14.9B | ||
| Q1 25 | $192.3B | $14.7B | ||
| Q4 24 | — | $14.5B | ||
| Q3 24 | — | $14.4B | ||
| Q2 24 | — | $13.8B | ||
| Q1 24 | — | $13.4B |
总资产HSBCTGT
| Q4 25 | — | $60.0B | ||
| Q3 25 | — | $57.9B | ||
| Q2 25 | — | $56.2B | ||
| Q1 25 | $3017.0B | $57.8B | ||
| Q4 24 | — | $58.5B | ||
| Q3 24 | — | $56.0B | ||
| Q2 24 | — | $55.1B | ||
| Q1 24 | — | $55.4B |
负债/权益比HSBCTGT
| Q4 25 | — | 0.99× | ||
| Q3 25 | — | 0.99× | ||
| Q2 25 | — | 0.96× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | — | 0.95× | ||
| Q2 24 | — | 0.97× | ||
| Q1 24 | — | 1.11× |
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 | $65.3B | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $64.0B | $149.0M |
| 自由现金流率自由现金流/营收 | 223.9% | 0.6% |
| 资本支出强度资本支出/营收 | 4.7% | 3.9% |
| 现金转化率经营现金流/净利润 | 8.90× | 1.64× |
| 过去12个月自由现金流最近4个季度 | — | $3.0B |
8季度趋势，按日历期对齐
经营现金流HSBCTGT
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $275.0M | ||
| Q1 25 | $65.3B | $3.3B | ||
| Q4 24 | — | $739.0M | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $3.3B |
自由现金流HSBCTGT
| Q4 25 | — | $149.0M | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $-515.0M | ||
| Q1 25 | $64.0B | $2.4B | ||
| Q4 24 | — | $84.0M | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $427.0M | ||
| Q1 24 | — | $2.4B |
自由现金流率HSBCTGT
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | -2.2% | ||
| Q1 25 | 223.9% | 7.7% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 6.3% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | 7.6% |
资本支出强度HSBCTGT
| Q4 25 | — | 3.9% | ||
| Q3 25 | — | 4.3% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | 4.7% | 3.0% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | 2.7% |
现金转化率HSBCTGT
| Q4 25 | — | 1.64× | ||
| Q3 25 | — | 2.23× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | 8.90× | 2.98× | ||
| Q4 24 | — | 0.87× | ||
| Q3 24 | — | 1.88× | ||
| Q2 24 | — | 1.17× | ||
| Q1 24 | — | 2.38× |
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
HSBC
暂无分部数据
TGT
| Food And Beverage | $6.0B | 24% |
| Household Essentials | $4.5B | 18% |
| Home Furnishings And Decor | $3.9B | 15% |
| Apparel And Accessories | $3.8B | 15% |
| Beauty | $3.2B | 13% |
| Hardlines | $3.2B | 13% |
| Advertising Revenue | $241.0M | 1% |
| Other Other Revenue | $158.0M | 1% |
| Credit Card Profit Sharing | $119.0M | 0% |
| Other Product | $34.0M | 0% |
