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传奇生物（LEGN）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
世纪互联的季度营收约是传奇生物的1.3倍（$362.7M vs $272.3M），世纪互联净利率更高（-10.7% vs -14.6%，领先3.9%），过去两年传奇生物的营收复合增速更高（92.7% vs 17.4%）
传奇生物是金斯瑞生物科技旗下专注于生物科技领域的企业，金斯瑞2002年由章方良、王烨、王鲁泉等人于新泽西共同创立，总部位于中国，主要提供生命科学研究相关的仪器与服务，2015年在港交所上市，现任轮值首席执行官为邵炜慧。
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。
LEGN vs VNET — 直观对比
营收规模更大
VNET
是对方的1.3倍
$272.3M
净利率更高
VNET
高出3.9%
-14.6%
两年增速更快
LEGN
近两年复合增速
17.4%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $272.3M | $362.7M |
| 净利润 | $-39.7M | $-38.7M |
| 毛利率 | 58.4% | 20.9% |
| 营业利润率 | -16.0% | 0.5% |
| 净利率 | -14.6% | -10.7% |
| 营收同比 | 70.0% | — |
| 净利润同比 | 68.3% | — |
| 每股收益（稀释后） | $-0.11 | — |
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LEGNVNET
| Q3 25 | $272.3M | $362.7M | ||
| Q2 25 | $255.1M | — | ||
| Q1 25 | $195.1M | $309.5M | ||
| Q3 24 | $160.2M | $302.2M | ||
| Q2 24 | $186.5M | $274.4M | ||
| Q1 24 | $94.0M | $262.9M | ||
| Q3 23 | $96.0M | $258.6M | ||
| Q2 23 | $73.3M | $251.2M |
净利润LEGNVNET
| Q3 25 | $-39.7M | $-38.7M | ||
| Q2 25 | $-125.4M | — | ||
| Q1 25 | $-100.9M | $-2.4M | ||
| Q3 24 | $-125.3M | $-2.1M | ||
| Q2 24 | $-18.2M | $-1.1M | ||
| Q1 24 | $-59.8M | $-22.0M | ||
| Q3 23 | $-62.2M | $-5.5M | ||
| Q2 23 | $-199.1M | — |
毛利率LEGNVNET
| Q3 25 | 58.4% | 20.9% | ||
| Q2 25 | 62.8% | — | ||
| Q1 25 | 64.4% | 25.2% | ||
| Q3 24 | 67.2% | 23.2% | ||
| Q2 24 | 75.7% | 21.3% | ||
| Q1 24 | 47.8% | 21.6% | ||
| Q3 23 | 54.7% | 16.2% | ||
| Q2 23 | 55.4% | 18.8% |
营业利润率LEGNVNET
| Q3 25 | -16.0% | 0.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.1% | ||
| Q3 24 | -43.9% | 24.5% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.2% | ||
| Q3 23 | — | 1.7% | ||
| Q2 23 | — | 5.1% |
净利率LEGNVNET
| Q3 25 | -14.6% | -10.7% | ||
| Q2 25 | -49.2% | — | ||
| Q1 25 | -51.7% | -0.8% | ||
| Q3 24 | -78.2% | -0.7% | ||
| Q2 24 | -9.8% | -0.4% | ||
| Q1 24 | -63.6% | -8.4% | ||
| Q3 23 | -64.8% | -2.1% | ||
| Q2 23 | -271.6% | — |
每股收益（稀释后）LEGNVNET
| Q3 25 | $-0.11 | — | ||
| Q2 25 | $-0.34 | — | ||
| Q1 25 | $-0.27 | — | ||
| Q3 24 | $-0.34 | — | ||
| Q2 24 | $-0.05 | — | ||
| Q1 24 | $-0.16 | — | ||
| Q3 23 | $-0.16 | — | ||
| Q2 23 | $-0.57 | — |
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 | $278.9M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $890.8M |
| 总资产 | $1.7B | $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LEGNVNET
| Q3 25 | $278.9M | $492.1M | ||
| Q2 25 | $266.6M | — | ||
| Q1 25 | $441.7M | $544.3M | ||
| Q3 24 | $459.3M | $219.5M | ||
| Q2 24 | $201.3M | $247.2M | ||
| Q1 24 | $897.6M | $246.9M | ||
| Q3 23 | $963.5M | $370.4M | ||
| Q2 23 | $1.2B | $325.9M |
总债务LEGNVNET
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
股东权益LEGNVNET
| Q3 25 | $1.0B | $890.8M | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | $927.8M | ||
| Q3 24 | $1.1B | $902.9M | ||
| Q2 24 | $1.2B | $900.6M | ||
| Q1 24 | $1.2B | $895.1M | ||
| Q3 23 | $1.3B | $942.7M | ||
| Q2 23 | $1.4B | $952.6M |
总资产LEGNVNET
| Q3 25 | $1.7B | $6.1B | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.6B | $5.4B | ||
| Q3 24 | $1.7B | $4.3B | ||
| Q2 24 | $1.8B | $4.0B | ||
| Q1 24 | $1.8B | $3.9B | ||
| Q3 23 | $1.8B | $4.1B | ||
| Q2 23 | $1.9B | $4.0B |
负债/权益比LEGNVNET
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
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 | $28.8M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-193.1M |
| 自由现金流率自由现金流/营收 | — | -53.2% |
| 资本支出强度资本支出/营收 | — | 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 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流LEGNVNET
| Q3 25 | $28.8M | $113.8M | ||
| Q2 25 | $-13.0M | — | ||
| Q1 25 | $-103.8M | $27.0M | ||
| Q3 24 | $-75.8M | $108.3M | ||
| Q2 24 | $-1.7M | $55.8M | ||
| Q1 24 | $15.5M | $37.1M | ||
| Q3 23 | $-60.8M | $62.3M | ||
| Q2 23 | $-97.6M | $58.4M |
自由现金流LEGNVNET
| Q3 25 | — | $-193.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-220.0M | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | — | $-81.6M | ||
| Q1 24 | — | $-102.2M | ||
| Q3 23 | — | $-67.5M | ||
| Q2 23 | — | $4.0M |
自由现金流率LEGNVNET
| Q3 25 | — | -53.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -71.1% | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | — | -29.8% | ||
| Q1 24 | — | -38.9% | ||
| Q3 23 | — | -26.1% | ||
| Q2 23 | — | 1.6% |
资本支出强度LEGNVNET
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 79.8% | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 50.1% | ||
| Q1 24 | — | 53.0% | ||
| Q3 23 | — | 50.2% | ||
| Q2 23 | — | 21.7% |
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
LEGN
| Goods Or Services Transferred At Point In Time | $261.8M | 96% |
| Goods Or Services Transferred Over Time | $10.5M | 4% |
VNET
暂无分部数据
