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HERITAGE COMMERCE CORP（HTBK）与花花公子（PLBY）财务数据对比。点击上方公司名可切换其他公司
HERITAGE COMMERCE CORP的季度营收约是花花公子的1.5倍（$53.6M vs $34.9M），HERITAGE COMMERCE CORP净利率更高（28.2% vs 10.3%，领先17.9%），HERITAGE COMMERCE CORP同比增速更快（15.6% vs 4.2%），HERITAGE COMMERCE CORP自由现金流更多（$61.3M vs $1.1M），过去两年HERITAGE COMMERCE CORP的营收复合增速更高（12.8% vs 11.0%）
本文介绍的企业主体信息与内容描述不符，描述内容实际为美国商会，该商会成立于1912年4月23日，是美国规模最大的游说类商业协会 advocacy 团体，成立之初得益于时任总统威廉·霍华德·塔夫脱与劳工商务部长查尔斯·内格尔推动，旨在代表工商界发声。
花花公子集团（Playboy, Inc.）起源于1953年由休·海夫纳联合合伙人在美国芝加哥创立，初始部分资金来自海夫纳母亲提供的1000美元贷款，是美国知名生活方式与娱乐内容品牌，旗下核心《花花公子》杂志同时发行电子版与纸质版。
HTBK vs PLBY — 直观对比
营收规模更大
HTBK
是对方的1.5倍
$34.9M
营收增速更快
HTBK
高出11.4%
4.2%
净利率更高
HTBK
高出17.9%
10.3%
自由现金流更多
HTBK
多$60.2M
$1.1M
两年增速更快
HTBK
近两年复合增速
11.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $53.6M | $34.9M |
| 净利润 | $15.1M | $3.6M |
| 毛利率 | — | 73.3% |
| 营业利润率 | 41.0% | 7.9% |
| 净利率 | 28.2% | 10.3% |
| 营收同比 | 15.6% | 4.2% |
| 净利润同比 | 42.3% | 128.6% |
| 每股收益（稀释后） | $0.25 | $0.05 |
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HTBKPLBY
| Q4 25 | $53.6M | $34.9M | ||
| Q3 25 | $50.0M | $29.0M | ||
| Q2 25 | $47.8M | $28.1M | ||
| Q1 25 | $46.1M | $28.9M | ||
| Q4 24 | $46.4M | $33.5M | ||
| Q3 24 | $42.2M | $29.4M | ||
| Q2 24 | $41.7M | $24.9M | ||
| Q1 24 | $42.1M | $28.3M |
净利润HTBKPLBY
| Q4 25 | $15.1M | $3.6M | ||
| Q3 25 | $14.7M | $460.0K | ||
| Q2 25 | $6.4M | $-7.7M | ||
| Q1 25 | $11.6M | $-9.0M | ||
| Q4 24 | $10.6M | $-12.5M | ||
| Q3 24 | $10.5M | $-33.8M | ||
| Q2 24 | $9.2M | $-16.7M | ||
| Q1 24 | $10.2M | $-16.4M |
毛利率HTBKPLBY
| Q4 25 | — | 73.3% | ||
| Q3 25 | — | 76.0% | ||
| Q2 25 | — | 65.4% | ||
| Q1 25 | — | 68.6% | ||
| Q4 24 | — | 70.8% | ||
| Q3 24 | — | 61.0% | ||
| Q2 24 | — | 67.8% | ||
| Q1 24 | — | 55.8% |
营业利润率HTBKPLBY
| Q4 25 | 41.0% | 7.9% | ||
| Q3 25 | 41.1% | 4.7% | ||
| Q2 25 | 18.7% | -20.9% | ||
| Q1 25 | 35.4% | -21.7% | ||
| Q4 24 | 31.8% | -13.3% | ||
| Q3 24 | 34.3% | -96.0% | ||
| Q2 24 | 31.3% | -37.0% | ||
| Q1 24 | 34.2% | -31.5% |
净利率HTBKPLBY
| Q4 25 | 28.2% | 10.3% | ||
| Q3 25 | 29.4% | 1.6% | ||
| Q2 25 | 13.4% | -27.3% | ||
| Q1 25 | 25.2% | -31.3% | ||
| Q4 24 | 22.9% | -37.4% | ||
| Q3 24 | 24.9% | -114.7% | ||
| Q2 24 | 22.1% | -66.9% | ||
| Q1 24 | 24.1% | -58.1% |
每股收益（稀释后）HTBKPLBY
| Q4 25 | $0.25 | $0.05 | ||
| Q3 25 | $0.24 | $0.00 | ||
| Q2 25 | $0.10 | $-0.08 | ||
| Q1 25 | $0.19 | $-0.10 | ||
| Q4 24 | $0.17 | $-0.13 | ||
| Q3 24 | $0.17 | $-0.45 | ||
| Q2 24 | $0.15 | $-0.23 | ||
| Q1 24 | $0.17 | $-0.23 |
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 | — | $37.8M |
| 总债务越低越好 | — | $174.2M |
| 股东权益账面价值 | $708.6M | $18.4M |
| 总资产 | $5.8B | $292.4M |
| 负债/权益比越低杠杆越低 | — | 9.48× |
8季度趋势，按日历期对齐
现金及短期投资HTBKPLBY
| Q4 25 | — | $37.8M | ||
| Q3 25 | — | $27.5M | ||
| Q2 25 | — | $19.6M | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | — | $30.9M | ||
| Q3 24 | — | $9.5M | ||
| Q2 24 | — | $16.9M | ||
| Q1 24 | — | $19.0M |
总债务HTBKPLBY
| Q4 25 | — | $174.2M | ||
| Q3 25 | — | $176.8M | ||
| Q2 25 | — | $177.5M | ||
| Q1 25 | — | $176.3M | ||
| Q4 24 | — | $176.6M | ||
| Q3 24 | — | $200.0M | ||
| Q2 24 | — | $196.3M | ||
| Q1 24 | — | $193.4M |
股东权益HTBKPLBY
| Q4 25 | $708.6M | $18.4M | ||
| Q3 25 | $700.0M | $3.8M | ||
| Q2 25 | $694.7M | $-17.5M | ||
| Q1 25 | $696.2M | $-11.4M | ||
| Q4 24 | $689.7M | $-7.7M | ||
| Q3 24 | $685.4M | $-15.7M | ||
| Q2 24 | $679.2M | $15.7M | ||
| Q1 24 | $676.3M | $29.5M |
总资产HTBKPLBY
| Q4 25 | $5.8B | $292.4M | ||
| Q3 25 | $5.6B | $278.3M | ||
| Q2 25 | $5.5B | $264.1M | ||
| Q1 25 | $5.5B | $270.6M | ||
| Q4 24 | $5.6B | $284.7M | ||
| Q3 24 | $5.6B | $271.5M | ||
| Q2 24 | $5.3B | $301.8M | ||
| Q1 24 | $5.3B | $309.1M |
负债/权益比HTBKPLBY
| Q4 25 | — | 9.48× | ||
| Q3 25 | — | 46.86× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 12.51× | ||
| Q1 24 | — | 6.54× |
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 | $61.7M | $1.4M |
| 自由现金流经营现金流 - 资本支出 | $61.3M | $1.1M |
| 自由现金流率自由现金流/营收 | 114.3% | 3.2% |
| 资本支出强度资本支出/营收 | 0.7% | 0.8% |
| 现金转化率经营现金流/净利润 | 4.08× | 0.39× |
| 过去12个月自由现金流最近4个季度 | — | $-1.0M |
8季度趋势，按日历期对齐
经营现金流HTBKPLBY
| Q4 25 | $61.7M | $1.4M | ||
| Q3 25 | $18.9M | $10.1M | ||
| Q2 25 | $8.0M | $-3.9M | ||
| Q1 25 | $14.8M | $-7.6M | ||
| Q4 24 | $39.0M | $161.0K | ||
| Q3 24 | $5.3M | $-6.5M | ||
| Q2 24 | $10.5M | $-3.0M | ||
| Q1 24 | $7.3M | $-9.8M |
自由现金流HTBKPLBY
| Q4 25 | $61.3M | $1.1M | ||
| Q3 25 | $18.8M | $9.8M | ||
| Q2 25 | — | $-4.3M | ||
| Q1 25 | — | $-7.7M | ||
| Q4 24 | $37.3M | $-401.0K | ||
| Q3 24 | $4.9M | $-7.0M | ||
| Q2 24 | $9.9M | $-3.7M | ||
| Q1 24 | $6.9M | $-10.3M |
自由现金流率HTBKPLBY
| Q4 25 | 114.3% | 3.2% | ||
| Q3 25 | 37.7% | 33.8% | ||
| Q2 25 | — | -15.2% | ||
| Q1 25 | — | -26.5% | ||
| Q4 24 | 80.5% | -1.2% | ||
| Q3 24 | 11.6% | -23.7% | ||
| Q2 24 | 23.6% | -14.8% | ||
| Q1 24 | 16.4% | -36.5% |
资本支出强度HTBKPLBY
| Q4 25 | 0.7% | 0.8% | ||
| Q3 25 | 0.1% | 1.1% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | 3.5% | 1.7% | ||
| Q3 24 | 1.0% | 1.5% | ||
| Q2 24 | 1.6% | 2.6% | ||
| Q1 24 | 1.0% | 2.1% |
现金转化率HTBKPLBY
| Q4 25 | 4.08× | 0.39× | ||
| Q3 25 | 1.28× | 22.02× | ||
| Q2 25 | 1.25× | — | ||
| Q1 25 | 1.28× | — | ||
| Q4 24 | 3.67× | — | ||
| Q3 24 | 0.50× | — | ||
| Q2 24 | 1.14× | — | ||
| Q1 24 | 0.72× | — |
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
HTBK
暂无分部数据
PLBY
| Transferred At Point In Time | $22.2M | 64% |
| Trademark Licensing | $6.5M | 19% |
| Related Party | $5.0M | 14% |
| Other | $1.1M | 3% |
