vs
仲量联行（JLL）与蔚来（NIO）财务数据对比。点击上方公司名可切换其他公司
仲量联行的季度营收约是蔚来的1.6倍（$7.6B vs $4.7B），仲量联行净利率更高（5.3% vs 0.8%，领先4.5%）
仲量联行（JLL）是总部位于美国芝加哥的全球知名房地产服务企业，位列《财富》世界500强第188位，在80个国家设有办事处，面向机构投资者、散户投资者及高净值人群提供全球投资管理服务，同时通过JLL Technologies推出科技产品，旗下PropTech基金JLL Spark主营地产科技领域风险投资。
蔚来是中国本土新能源汽车制造商，总部位于上海，2014年成立，2016年正式启用现有品牌名称。公司专注于智能电动汽车的研发、设计与销售，产品覆盖轿车、SUV等多个品类，近年已将业务拓展至智能手机研发领域。
JLL vs NIO — 直观对比
营收规模更大
JLL
是对方的1.6倍
$4.7B
净利率更高
JLL
高出4.5%
0.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $7.6B | $4.7B |
| 净利润 | $401.8M | $38.7M |
| 毛利率 | — | 17.5% |
| 营业利润率 | 6.7% | 1.5% |
| 净利率 | 5.3% | 0.8% |
| 营收同比 | 11.7% | — |
| 净利润同比 | 66.6% | — |
| 每股收益（稀释后） | $8.33 | $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JLLNIO
| Q1 26 | — | $4.7B | ||
| Q4 25 | $7.6B | — | ||
| Q3 25 | $6.5B | $3.0B | ||
| Q2 25 | $6.3B | $2.6B | ||
| Q1 25 | $5.7B | $2.7B | ||
| Q4 24 | $6.8B | — | ||
| Q3 24 | $5.9B | — | ||
| Q2 24 | $5.6B | — |
净利润JLLNIO
| Q1 26 | — | $38.7M | ||
| Q4 25 | $401.8M | — | ||
| Q3 25 | $222.4M | $-505.2M | ||
| Q2 25 | $110.5M | $-709.5M | ||
| Q1 25 | $57.5M | $-984.2M | ||
| Q4 24 | $241.2M | — | ||
| Q3 24 | $155.1M | — | ||
| Q2 24 | $84.4M | — |
毛利率JLLNIO
| Q1 26 | — | 17.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 13.9% | ||
| Q2 25 | — | 10.0% | ||
| Q1 25 | — | 11.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率JLLNIO
| Q1 26 | — | 1.5% | ||
| Q4 25 | 6.7% | — | ||
| Q3 25 | 4.2% | -16.2% | ||
| Q2 25 | 3.2% | -25.8% | ||
| Q1 25 | 2.1% | -30.6% | ||
| Q4 24 | 5.5% | — | ||
| Q3 24 | 3.9% | — | ||
| Q2 24 | 2.7% | — |
净利率JLLNIO
| Q1 26 | — | 0.8% | ||
| Q4 25 | 5.3% | — | ||
| Q3 25 | 3.4% | -16.8% | ||
| Q2 25 | 1.8% | -27.0% | ||
| Q1 25 | 1.0% | -36.2% | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 1.5% | — |
每股收益（稀释后）JLLNIO
| Q1 26 | — | $0.05 | ||
| Q4 25 | $8.33 | — | ||
| Q3 25 | $4.61 | $-1.51 | ||
| Q2 25 | $2.32 | $-2.31 | ||
| Q1 25 | $1.14 | $-3.47 | ||
| Q4 24 | $4.98 | — | ||
| Q3 24 | $3.20 | — | ||
| Q2 24 | $1.75 | — |
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 | $599.1M | $4.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.5B | $594.8M |
| 总资产 | $17.8B | $17.8B |
| 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JLLNIO
| Q1 26 | — | $4.4B | ||
| Q4 25 | $599.1M | — | ||
| Q3 25 | $428.9M | — | ||
| Q2 25 | $401.4M | $2.5B | ||
| Q1 25 | $432.4M | $4.6B | ||
| Q4 24 | $416.3M | — | ||
| Q3 24 | $437.8M | — | ||
| Q2 24 | $424.4M | — |
股东权益JLLNIO
| Q1 26 | — | $594.8M | ||
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.2B | — | ||
| Q2 25 | $7.0B | $-168.3M | ||
| Q1 25 | $6.8B | $817.5M | ||
| Q4 24 | $6.8B | — | ||
| Q3 24 | $6.6B | — | ||
| Q2 24 | $6.4B | — |
总资产JLLNIO
| Q1 26 | — | $17.8B | ||
| Q4 25 | $17.8B | — | ||
| Q3 25 | $17.2B | — | ||
| Q2 25 | $17.3B | $14.0B | ||
| Q1 25 | $16.6B | $14.7B | ||
| Q4 24 | $16.8B | — | ||
| Q3 24 | $17.8B | — | ||
| Q2 24 | $15.9B | — |
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 | $1.0B | $427.9M |
| 自由现金流经营现金流 - 资本支出 | — | $-439.4M |
| 自由现金流率自由现金流/营收 | — | -9.3% |
| 资本支出强度资本支出/营收 | — | 18.4% |
| 现金转化率经营现金流/净利润 | 2.52× | 11.07× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流JLLNIO
| Q1 26 | — | $427.9M | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $617.1M | — | ||
| Q2 25 | $332.8M | — | ||
| Q1 25 | $-767.6M | $-1.1B | ||
| Q4 24 | $927.3M | — | ||
| Q3 24 | $261.6M | — | ||
| Q2 24 | $273.9M | — |
自由现金流JLLNIO
| Q1 26 | — | $-439.4M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-2.3B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率JLLNIO
| Q1 26 | — | -9.3% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -85.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度JLLNIO
| Q1 26 | — | 18.4% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 46.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率JLLNIO
| Q1 26 | — | 11.07× | ||
| Q4 25 | 2.52× | — | ||
| Q3 25 | 2.77× | — | ||
| Q2 25 | 3.01× | — | ||
| Q1 25 | -13.35× | — | ||
| Q4 24 | 3.84× | — | ||
| Q3 24 | 1.69× | — | ||
| Q2 24 | 3.25× | — |
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
JLL
| Workplace Management | $3.8B | 50% |
| Project Management | $1.1B | 15% |
| Leasing Advisory | $1.0B | 13% |
| Leasing | $964.9M | 13% |
| Property Management | $480.2M | 6% |
| Portfolio Services And Other | $152.1M | 2% |
| Advisory Fees | $98.1M | 1% |
| Loan Servicing | $42.2M | 1% |
| Transaction Fees Other | $16.4M | 0% |
NIO
暂无分部数据
