vs
KRONOS WORLDWIDE INC（KRO）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
KRONOS WORLDWIDE INC的季度营收约是世纪互联的1.2倍（$418.3M vs $362.7M），世纪互联净利率更高（-10.7% vs -19.8%，领先9.1%），KRONOS WORLDWIDE INC自由现金流更多（$81.9M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs -6.5%）
克罗诺斯全球（原克罗诺斯公司）是一家美国跨国企业，总部位于美国马萨诸塞州洛厄尔，专注于提供劳动力管理与人力资本管理云服务，在全球拥有超过6000名员工，是该领域知名的服务提供商。
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。
KRO vs VNET — 直观对比
营收规模更大
KRO
是对方的1.2倍
$362.7M
净利率更高
VNET
高出9.1%
-19.8%
自由现金流更多
KRO
多$275.0M
$-193.1M
两年增速更快
VNET
近两年复合增速
-6.5%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $418.3M | $362.7M |
| 净利润 | $-82.8M | $-38.7M |
| 毛利率 | -0.9% | 20.9% |
| 营业利润率 | -15.1% | 0.5% |
| 净利率 | -19.8% | -10.7% |
| 营收同比 | -1.1% | — |
| 净利润同比 | -527.3% | — |
| 每股收益（稀释后） | $-0.72 | — |
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KROVNET
| Q4 25 | $418.3M | — | ||
| Q3 25 | $456.9M | $362.7M | ||
| Q2 25 | $494.4M | — | ||
| Q1 25 | $489.8M | $309.5M | ||
| Q4 24 | $423.1M | — | ||
| Q3 24 | $484.7M | $302.2M | ||
| Q2 24 | $500.5M | $274.4M | ||
| Q1 24 | $478.8M | $262.9M |
净利润KROVNET
| Q4 25 | $-82.8M | — | ||
| Q3 25 | $-37.0M | $-38.7M | ||
| Q2 25 | $-9.2M | — | ||
| Q1 25 | $18.1M | $-2.4M | ||
| Q4 24 | $-13.2M | — | ||
| Q3 24 | $71.8M | $-2.1M | ||
| Q2 24 | $19.5M | $-1.1M | ||
| Q1 24 | $8.1M | $-22.0M |
毛利率KROVNET
| Q4 25 | -0.9% | — | ||
| Q3 25 | 10.3% | 20.9% | ||
| Q2 25 | 12.7% | — | ||
| Q1 25 | 21.8% | 25.2% | ||
| Q4 24 | 20.4% | — | ||
| Q3 24 | 20.9% | 23.2% | ||
| Q2 24 | 20.0% | 21.3% | ||
| Q1 24 | 14.9% | 21.6% |
营业利润率KROVNET
| Q4 25 | -15.1% | — | ||
| Q3 25 | -4.2% | 0.5% | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 7.8% | 0.1% | ||
| Q4 24 | 6.8% | — | ||
| Q3 24 | 8.0% | 24.5% | ||
| Q2 24 | 7.2% | 0.2% | ||
| Q1 24 | 4.1% | 0.2% |
净利率KROVNET
| Q4 25 | -19.8% | — | ||
| Q3 25 | -8.1% | -10.7% | ||
| Q2 25 | -1.9% | — | ||
| Q1 25 | 3.7% | -0.8% | ||
| Q4 24 | -3.1% | — | ||
| Q3 24 | 14.8% | -0.7% | ||
| Q2 24 | 3.9% | -0.4% | ||
| Q1 24 | 1.7% | -8.4% |
每股收益（稀释后）KROVNET
| Q4 25 | $-0.72 | — | ||
| Q3 25 | $-0.32 | — | ||
| Q2 25 | $-0.08 | — | ||
| Q1 25 | $0.16 | — | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $0.62 | — | ||
| Q2 24 | $0.17 | — | ||
| Q1 24 | $0.07 | — |
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 | $33.2M | $492.1M |
| 总债务越低越好 | $557.4M | — |
| 股东权益账面价值 | $751.1M | $890.8M |
| 总资产 | $1.8B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.74× | — |
8季度趋势，按日历期对齐
现金及短期投资KROVNET
| Q4 25 | $33.2M | — | ||
| Q3 25 | $27.7M | $492.1M | ||
| Q2 25 | $18.9M | — | ||
| Q1 25 | $20.5M | $544.3M | ||
| Q4 24 | $106.7M | — | ||
| Q3 24 | $94.8M | $219.5M | ||
| Q2 24 | $133.8M | $247.2M | ||
| Q1 24 | $120.7M | $246.9M |
总债务KROVNET
| Q4 25 | $557.4M | — | ||
| Q3 25 | $626.2M | — | ||
| Q2 25 | $589.3M | — | ||
| Q1 25 | $557.2M | — | ||
| Q4 24 | $507.4M | — | ||
| Q3 24 | $554.3M | $1.2B | ||
| Q2 24 | $423.7M | — | ||
| Q1 24 | $426.9M | — |
股东权益KROVNET
| Q4 25 | $751.1M | — | ||
| Q3 25 | $804.7M | $890.8M | ||
| Q2 25 | $846.8M | — | ||
| Q1 25 | $847.0M | $927.8M | ||
| Q4 24 | $817.0M | — | ||
| Q3 24 | $847.4M | $902.9M | ||
| Q2 24 | $774.6M | $900.6M | ||
| Q1 24 | $774.4M | $895.1M |
总资产KROVNET
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.9B | $6.1B | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | $5.4B | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.9B | $4.3B | ||
| Q2 24 | $1.7B | $4.0B | ||
| Q1 24 | $1.7B | $3.9B |
负债/权益比KROVNET
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.78× | — | ||
| Q2 25 | 0.70× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.62× | — | ||
| Q3 24 | 0.65× | 1.28× | ||
| Q2 24 | 0.55× | — | ||
| Q1 24 | 0.55× | — |
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 | $92.1M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $81.9M | $-193.1M |
| 自由现金流率自由现金流/营收 | 19.6% | -53.2% |
| 资本支出强度资本支出/营收 | 2.4% | 84.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-40.4M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流KROVNET
| Q4 25 | $92.1M | — | ||
| Q3 25 | $-7.9M | $113.8M | ||
| Q2 25 | $20.7M | — | ||
| Q1 25 | $-102.4M | $27.0M | ||
| Q4 24 | $49.3M | — | ||
| Q3 24 | $28.3M | $108.3M | ||
| Q2 24 | $38.2M | $55.8M | ||
| Q1 24 | $-43.3M | $37.1M |
自由现金流KROVNET
| Q4 25 | $81.9M | — | ||
| Q3 25 | $-17.4M | $-193.1M | ||
| Q2 25 | $9.5M | — | ||
| Q1 25 | $-114.4M | $-220.0M | ||
| Q4 24 | $37.0M | — | ||
| Q3 24 | $19.2M | $-95.0M | ||
| Q2 24 | $34.8M | $-81.6M | ||
| Q1 24 | $-48.0M | $-102.2M |
自由现金流率KROVNET
| Q4 25 | 19.6% | — | ||
| Q3 25 | -3.8% | -53.2% | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | -23.4% | -71.1% | ||
| Q4 24 | 8.7% | — | ||
| Q3 24 | 4.0% | -31.4% | ||
| Q2 24 | 7.0% | -29.8% | ||
| Q1 24 | -10.0% | -38.9% |
资本支出强度KROVNET
| Q4 25 | 2.4% | — | ||
| Q3 25 | 2.1% | 84.6% | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 2.4% | 79.8% | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 1.9% | 67.3% | ||
| Q2 24 | 0.7% | 50.1% | ||
| Q1 24 | 1.0% | 53.0% |
现金转化率KROVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -5.66× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 1.96× | — | ||
| Q1 24 | -5.35× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
