vs
香港置地（LAND）与REGIS CORP（RGS）财务数据对比。点击上方公司名可切换其他公司
REGIS CORP的季度营收约是香港置地的1.4倍（$57.1M vs $41.5M），香港置地净利率更高（10.2% vs 0.8%，领先9.4%），香港置地同比增速更快（96.5% vs 22.3%），过去两年香港置地的营收复合增速更高（43.1% vs 7.8%）
香港置地是一家专注于房地产投资、管理及开发的集团，在亚洲各地布局商业与住宅地产业务。目前集团在亚洲持有并运营约85万平方米的写字楼及商业零售物业，核心布局中国香港与新加坡两地，其中香港中环的商业物业规模居当地首位，新加坡则主要通过合资持有约16.5万平方米的写字楼空间。
瑞吉斯公司是一家美国美发沙龙运营商，总部位于明尼苏达州明尼阿波利斯市。截至2021年8月，该集团旗下拥有5563家加盟沙龙以及276家直营门店，是北美地区规模领先的美发沙龙连锁经营企业。
LAND vs RGS — 直观对比
营收规模更大
RGS
是对方的1.4倍
$41.5M
营收增速更快
LAND
高出74.2%
22.3%
净利率更高
LAND
高出9.4%
0.8%
两年增速更快
LAND
近两年复合增速
7.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $41.5M | $57.1M |
| 净利润 | $4.2M | $456.0K |
| 毛利率 | — | — |
| 营业利润率 | — | 10.8% |
| 净利率 | 10.2% | 0.8% |
| 营收同比 | 96.5% | 22.3% |
| 净利润同比 | 680.0% | -94.0% |
| 每股收益（稀释后） | $-0.05 | $0.16 |
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LANDRGS
| Q4 25 | $41.5M | $57.1M | ||
| Q3 25 | $17.8M | $59.0M | ||
| Q2 25 | $12.3M | $60.4M | ||
| Q1 25 | $16.8M | $57.0M | ||
| Q4 24 | $21.1M | $46.7M | ||
| Q3 24 | $22.6M | $46.1M | ||
| Q2 24 | $21.3M | $49.4M | ||
| Q1 24 | $20.3M | $49.2M |
净利润LANDRGS
| Q4 25 | $4.2M | $456.0K | ||
| Q3 25 | $2.1M | $1.4M | ||
| Q2 25 | $-7.9M | $116.5M | ||
| Q1 25 | $15.1M | $250.0K | ||
| Q4 24 | $540.0K | $7.6M | ||
| Q3 24 | $6.0K | $-853.0K | ||
| Q2 24 | $-823.0K | $91.2M | ||
| Q1 24 | $13.6M | $-2.3M |
营业利润率LANDRGS
| Q4 25 | — | 10.8% | ||
| Q3 25 | — | 10.0% | ||
| Q2 25 | — | 12.1% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 4.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 8.3% |
净利率LANDRGS
| Q4 25 | 10.2% | 0.8% | ||
| Q3 25 | 11.7% | 2.3% | ||
| Q2 25 | -64.1% | 192.9% | ||
| Q1 25 | 89.9% | 0.4% | ||
| Q4 24 | 2.6% | 16.4% | ||
| Q3 24 | 0.0% | -1.9% | ||
| Q2 24 | -3.9% | 184.7% | ||
| Q1 24 | 67.0% | -4.7% |
每股收益（稀释后）LANDRGS
| Q4 25 | $-0.05 | $0.16 | ||
| Q3 25 | $-0.11 | $0.49 | ||
| Q2 25 | $-0.38 | $43.67 | ||
| Q1 25 | $0.25 | $0.08 | ||
| Q4 24 | $-0.15 | $2.71 | ||
| Q3 24 | $-0.16 | $-0.36 | ||
| Q2 24 | $-0.19 | $38.40 | ||
| Q1 24 | $0.21 | $-1.00 |
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 | $27.2M | $18.4M |
| 总债务越低越好 | $473.6M | $113.3M |
| 股东权益账面价值 | $670.3M | $188.7M |
| 总资产 | $1.2B | $588.3M |
| 负债/权益比越低杠杆越低 | 0.71× | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资LANDRGS
| Q4 25 | $27.2M | $18.4M | ||
| Q3 25 | $11.3M | $16.6M | ||
| Q2 25 | $30.5M | $17.0M | ||
| Q1 25 | $42.9M | $13.3M | ||
| Q4 24 | $18.3M | $10.2M | ||
| Q3 24 | $13.2M | $6.3M | ||
| Q2 24 | $49.8M | $10.1M | ||
| Q1 24 | $51.6M | $5.9M |
总债务LANDRGS
| Q4 25 | $473.6M | $113.3M | ||
| Q3 25 | $480.4M | $111.3M | ||
| Q2 25 | $496.4M | $110.8M | ||
| Q1 25 | $498.8M | $112.0M | ||
| Q4 24 | $527.5M | $111.5M | ||
| Q3 24 | $530.7M | $95.2M | ||
| Q2 24 | $549.4M | $99.5M | ||
| Q1 24 | $552.2M | $179.7M |
股东权益LANDRGS
| Q4 25 | $670.3M | $188.7M | ||
| Q3 25 | $661.8M | $187.6M | ||
| Q2 25 | $670.1M | $185.6M | ||
| Q1 25 | $689.9M | $68.6M | ||
| Q4 24 | $687.2M | $66.7M | ||
| Q3 24 | $691.2M | $56.4M | ||
| Q2 24 | $708.5M | $56.8M | ||
| Q1 24 | $723.3M | $-35.8M |
总资产LANDRGS
| Q4 25 | $1.2B | $588.3M | ||
| Q3 25 | $1.2B | $592.1M | ||
| Q2 25 | $1.3B | $599.0M | ||
| Q1 25 | $1.3B | $511.2M | ||
| Q4 24 | $1.3B | $530.1M | ||
| Q3 24 | $1.3B | $508.9M | ||
| Q2 24 | $1.4B | $530.5M | ||
| Q1 24 | $1.4B | $543.7M |
负债/权益比LANDRGS
| Q4 25 | 0.71× | 0.60× | ||
| Q3 25 | 0.73× | 0.59× | ||
| Q2 25 | 0.74× | 0.60× | ||
| Q1 25 | 0.72× | 1.63× | ||
| Q4 24 | 0.77× | 1.67× | ||
| Q3 24 | 0.77× | 1.69× | ||
| Q2 24 | 0.78× | 1.75× | ||
| Q1 24 | 0.76× | — |
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 | $7.0M | $1.7M |
| 自由现金流经营现金流 - 资本支出 | — | $891.0K |
| 自由现金流率自由现金流/营收 | — | 1.6% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 现金转化率经营现金流/净利润 | 1.66× | 3.65× |
| 过去12个月自由现金流最近4个季度 | — | $14.9M |
8季度趋势，按日历期对齐
经营现金流LANDRGS
| Q4 25 | $7.0M | $1.7M | ||
| Q3 25 | $-12.0M | $2.3M | ||
| Q2 25 | $3.9M | $6.8M | ||
| Q1 25 | $4.5M | $6.2M | ||
| Q4 24 | $29.5M | $2.1M | ||
| Q3 24 | $-1.4M | $-1.3M | ||
| Q2 24 | $15.9M | $5.1M | ||
| Q1 24 | $3.4M | $-277.0K |
自由现金流LANDRGS
| Q4 25 | — | $891.0K | ||
| Q3 25 | — | $1.9M | ||
| Q2 25 | — | $6.2M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | — | $1.7M | ||
| Q3 24 | — | $-1.4M | ||
| Q2 24 | — | $5.1M | ||
| Q1 24 | — | $-326.0K |
自由现金流率LANDRGS
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 10.3% | ||
| Q1 25 | — | 10.3% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | — | -3.0% | ||
| Q2 24 | — | 10.3% | ||
| Q1 24 | — | -0.7% |
资本支出强度LANDRGS
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.1% |
现金转化率LANDRGS
| Q4 25 | 1.66× | 3.65× | ||
| Q3 25 | -5.77× | 1.68× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | 0.30× | 24.80× | ||
| Q4 24 | 54.72× | 0.28× | ||
| Q3 24 | -227.83× | — | ||
| Q2 24 | — | 0.06× | ||
| Q1 24 | 0.25× | — |
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
LAND
暂无分部数据
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |
