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Jack Henry & Associates（JKHY）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
Jack Henry & Associates的季度营收约是世纪互联的1.7倍（$619.3M vs $362.7M），Jack Henry & Associates净利率更高（20.1% vs -10.7%，领先30.8%），Jack Henry & Associates自由现金流更多（$131.4M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 7.2%）
Jack Henry & Associates是1976年成立的美国专业金融科技企业，主要面向社区银行、信用合作社等中小型金融机构提供金融科技及支付处理解决方案，同时帮助区域银行与信用合作社管控风险、完成合规申报，优化升级线上银行业务相关服务。
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。
JKHY vs VNET — 直观对比
营收规模更大
JKHY
是对方的1.7倍
$362.7M
净利率更高
JKHY
高出30.8%
-10.7%
自由现金流更多
JKHY
多$324.5M
$-193.1M
两年增速更快
VNET
近两年复合增速
7.2%
损益表 — Q2 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $619.3M | $362.7M |
| 净利润 | $124.7M | $-38.7M |
| 毛利率 | 43.3% | 20.9% |
| 营业利润率 | 25.7% | 0.5% |
| 净利率 | 20.1% | -10.7% |
| 营收同比 | 7.9% | — |
| 净利润同比 | 27.4% | — |
| 每股收益（稀释后） | $1.72 | — |
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JKHYVNET
| Q4 25 | $619.3M | — | ||
| Q3 25 | $644.7M | $362.7M | ||
| Q2 25 | $615.4M | — | ||
| Q1 25 | $585.1M | $309.5M | ||
| Q4 24 | $573.8M | — | ||
| Q3 24 | $601.0M | $302.2M | ||
| Q2 24 | $559.9M | $274.4M | ||
| Q1 24 | $538.6M | $262.9M |
净利润JKHYVNET
| Q4 25 | $124.7M | — | ||
| Q3 25 | $144.0M | $-38.7M | ||
| Q2 25 | $127.6M | — | ||
| Q1 25 | $111.1M | $-2.4M | ||
| Q4 24 | $97.8M | — | ||
| Q3 24 | $119.2M | $-2.1M | ||
| Q2 24 | $101.1M | $-1.1M | ||
| Q1 24 | $87.1M | $-22.0M |
毛利率JKHYVNET
| Q4 25 | 43.3% | — | ||
| Q3 25 | 45.9% | 20.9% | ||
| Q2 25 | 44.1% | — | ||
| Q1 25 | 41.8% | 25.2% | ||
| Q4 24 | 42.0% | — | ||
| Q3 24 | 42.9% | 23.2% | ||
| Q2 24 | 41.5% | 21.3% | ||
| Q1 24 | 39.1% | 21.6% |
营业利润率JKHYVNET
| Q4 25 | 25.7% | — | ||
| Q3 25 | 28.5% | 0.5% | ||
| Q2 25 | 25.3% | — | ||
| Q1 25 | 23.7% | 0.1% | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 25.2% | 24.5% | ||
| Q2 24 | 22.4% | 0.2% | ||
| Q1 24 | 20.8% | 0.2% |
净利率JKHYVNET
| Q4 25 | 20.1% | — | ||
| Q3 25 | 22.3% | -10.7% | ||
| Q2 25 | 20.7% | — | ||
| Q1 25 | 19.0% | -0.8% | ||
| Q4 24 | 17.1% | — | ||
| Q3 24 | 19.8% | -0.7% | ||
| Q2 24 | 18.1% | -0.4% | ||
| Q1 24 | 16.2% | -8.4% |
每股收益（稀释后）JKHYVNET
| Q4 25 | $1.72 | — | ||
| Q3 25 | $1.97 | — | ||
| Q2 25 | $1.75 | — | ||
| Q1 25 | $1.52 | — | ||
| Q4 24 | $1.34 | — | ||
| Q3 24 | $1.63 | — | ||
| Q2 24 | $1.39 | — | ||
| Q1 24 | $1.19 | — |
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 | $28.2M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.2B | $890.8M |
| 总资产 | $3.1B | $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JKHYVNET
| Q4 25 | $28.2M | — | ||
| Q3 25 | $36.2M | $492.1M | ||
| Q2 25 | $102.0M | — | ||
| Q1 25 | $39.9M | $544.3M | ||
| Q4 24 | $25.7M | — | ||
| Q3 24 | $43.2M | $219.5M | ||
| Q2 24 | $38.3M | $247.2M | ||
| Q1 24 | $27.3M | $246.9M |
总债务JKHYVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $0 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | $60.0M | — | ||
| Q1 24 | $250.0M | — |
股东权益JKHYVNET
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | $890.8M | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | $927.8M | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $1.9B | $902.9M | ||
| Q2 24 | $1.8B | $900.6M | ||
| Q1 24 | $1.8B | $895.1M |
总资产JKHYVNET
| Q4 25 | $3.1B | — | ||
| Q3 25 | $3.0B | $6.1B | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $2.9B | $5.4B | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $2.9B | $4.3B | ||
| Q2 24 | $2.9B | $4.0B | ||
| Q1 24 | $2.8B | $3.9B |
负债/权益比JKHYVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 0.14× | — |
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 | $152.7M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $131.4M | $-193.1M |
| 自由现金流率自由现金流/营收 | 21.2% | -53.2% |
| 资本支出强度资本支出/营收 | 3.4% | 84.6% |
| 现金转化率经营现金流/净利润 | 1.22× | — |
| 过去12个月自由现金流最近4个季度 | $654.2M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流JKHYVNET
| Q4 25 | $152.7M | — | ||
| Q3 25 | $120.6M | $113.8M | ||
| Q2 25 | $327.1M | — | ||
| Q1 25 | $107.8M | $27.0M | ||
| Q4 24 | $89.6M | — | ||
| Q3 24 | $116.9M | $108.3M | ||
| Q2 24 | $231.8M | $55.8M | ||
| Q1 24 | $97.6M | $37.1M |
自由现金流JKHYVNET
| Q4 25 | $131.4M | — | ||
| Q3 25 | $111.7M | $-193.1M | ||
| Q2 25 | $314.9M | — | ||
| Q1 25 | $96.1M | $-220.0M | ||
| Q4 24 | $73.0M | — | ||
| Q3 24 | $104.1M | $-95.0M | ||
| Q2 24 | $208.0M | $-81.6M | ||
| Q1 24 | $87.7M | $-102.2M |
自由现金流率JKHYVNET
| Q4 25 | 21.2% | — | ||
| Q3 25 | 17.3% | -53.2% | ||
| Q2 25 | 51.2% | — | ||
| Q1 25 | 16.4% | -71.1% | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 17.3% | -31.4% | ||
| Q2 24 | 37.2% | -29.8% | ||
| Q1 24 | 16.3% | -38.9% |
资本支出强度JKHYVNET
| Q4 25 | 3.4% | — | ||
| Q3 25 | 1.4% | 84.6% | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 2.0% | 79.8% | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 2.1% | 67.3% | ||
| Q2 24 | 4.2% | 50.1% | ||
| Q1 24 | 1.8% | 53.0% |
现金转化率JKHYVNET
| Q4 25 | 1.22× | — | ||
| Q3 25 | 0.84× | — | ||
| Q2 25 | 2.56× | — | ||
| Q1 25 | 0.97× | — | ||
| Q4 24 | 0.92× | — | ||
| Q3 24 | 0.98× | — | ||
| Q2 24 | 2.29× | — | ||
| Q1 24 | 1.12× | — |
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
JKHY
| Processing | $273.5M | 44% |
| Private Public Cloud | $202.7M | 33% |
| On Premise Support | $79.0M | 13% |
| Product Deliveryand Service | $64.1M | 10% |
VNET
暂无分部数据
