vs
Linkhome Holdings Inc.（LHAI）与Opendoor Technologies Inc.（OPEN）财务数据对比。点击上方公司名可切换其他公司
Opendoor Technologies Inc.的季度营收约是Linkhome Holdings Inc.的144.9倍（$736.0M vs $5.1M）。Linkhome Holdings Inc.净利率更高（-0.4% vs -148.9%，领先148.5%）
联家控股有限公司是一家综合住宅租赁与物业管理服务商，主要面向中国市场运营，为业主与个人租客提供精装长短租公寓、物业维护、租客支持及相关增值服务，业务覆盖国内多个一二线核心城市。
Opendoor Technologies Inc.是一家主营住宅房地产买卖的线上企业，总部位于旧金山。平台可通过线上流程向房主提供房屋即时现金报价，收购房产后进行修缮再重新挂牌出售，同时还提供基于移动端应用的购房服务及配套融资方案，截至2021年11月业务覆盖美国44个区域市场。
LHAI vs OPEN — 直观对比
营收规模更大
OPEN
是对方的144.9倍
$5.1M
净利率更高
LHAI
高出148.5%
-148.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.1M | $736.0M |
| 净利润 | $-19.9K | $-1.1B |
| 毛利率 | 3.8% | 7.7% |
| 营业利润率 | -1.4% | -20.4% |
| 净利率 | -0.4% | -148.9% |
| 营收同比 | — | -32.1% |
| 净利润同比 | — | -869.9% |
| 每股收益（稀释后） | — | $-1.42 |
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LHAIOPEN
| Q4 25 | $5.1M | $736.0M | ||
| Q3 25 | $5.4M | $915.0M | ||
| Q2 25 | $4.8M | $1.6B | ||
| Q1 25 | $5.7M | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $234.9K | $1.4B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.2B |
净利润LHAIOPEN
| Q4 25 | $-19.9K | $-1.1B | ||
| Q3 25 | $-305 | $-90.0M | ||
| Q2 25 | $14.4K | $-29.0M | ||
| Q1 25 | $80.6K | $-85.0M | ||
| Q4 24 | — | $-113.0M | ||
| Q3 24 | $284.1K | $-78.0M | ||
| Q2 24 | — | $-92.0M | ||
| Q1 24 | — | $-109.0M |
毛利率LHAIOPEN
| Q4 25 | 3.8% | 7.7% | ||
| Q3 25 | 3.8% | 7.2% | ||
| Q2 25 | 2.3% | 8.2% | ||
| Q1 25 | 4.6% | 8.6% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | 8.5% | ||
| Q1 24 | — | 9.7% |
营业利润率LHAIOPEN
| Q4 25 | -1.4% | -20.4% | ||
| Q3 25 | 0.2% | -7.4% | ||
| Q2 25 | 0.3% | -0.8% | ||
| Q1 25 | 2.2% | -4.9% | ||
| Q4 24 | — | -8.7% | ||
| Q3 24 | — | -4.9% | ||
| Q2 24 | — | -4.8% | ||
| Q1 24 | — | -7.4% |
净利率LHAIOPEN
| Q4 25 | -0.4% | -148.9% | ||
| Q3 25 | -0.0% | -9.8% | ||
| Q2 25 | 0.3% | -1.9% | ||
| Q1 25 | 1.4% | -7.4% | ||
| Q4 24 | — | -10.4% | ||
| Q3 24 | 121.0% | -5.7% | ||
| Q2 24 | — | -6.1% | ||
| Q1 24 | — | -9.2% |
每股收益（稀释后）LHAIOPEN
| Q4 25 | — | $-1.42 | ||
| Q3 25 | — | $-0.12 | ||
| Q2 25 | — | $-0.04 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | — | $-0.16 | ||
| Q3 24 | — | $-0.11 | ||
| Q2 24 | — | $-0.13 | ||
| Q1 24 | — | $-0.16 |
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 | $7.0M | $962.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.6M | $1.0B |
| 总资产 | $10.0M | $2.4B |
| 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LHAIOPEN
| Q4 25 | $7.0M | $962.0M | ||
| Q3 25 | $3.7M | $962.0M | ||
| Q2 25 | $2.6M | $789.0M | ||
| Q1 25 | $709.1K | $559.0M | ||
| Q4 24 | — | $679.0M | ||
| Q3 24 | $718.1K | $837.0M | ||
| Q2 24 | — | $809.0M | ||
| Q1 24 | — | $990.0M |
股东权益LHAIOPEN
| Q4 25 | $7.6M | $1.0B | ||
| Q3 25 | $7.2M | $811.0M | ||
| Q2 25 | $2.5M | $631.0M | ||
| Q1 25 | $2.5M | $645.0M | ||
| Q4 24 | — | $713.0M | ||
| Q3 24 | $2.0M | $801.0M | ||
| Q2 24 | — | $845.0M | ||
| Q1 24 | — | $899.0M |
总资产LHAIOPEN
| Q4 25 | $10.0M | $2.4B | ||
| Q3 25 | $8.6M | $2.7B | ||
| Q2 25 | $3.6M | $2.9B | ||
| Q1 25 | $3.4M | $3.3B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | $2.9M | $3.4B | ||
| Q2 24 | — | $3.4B | ||
| Q1 24 | — | $3.4B |
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 | $2.8M | $70.0M |
| 自由现金流经营现金流 - 资本支出 | — | $67.0M |
| 自由现金流率自由现金流/营收 | — | 9.1% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 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 | — | $1.0B |
8季度趋势，按日历期对齐
经营现金流LHAIOPEN
| Q4 25 | $2.8M | $70.0M | ||
| Q3 25 | $-3.1M | $435.0M | ||
| Q2 25 | $1.7M | $823.0M | ||
| Q1 25 | $-893.8K | $-279.0M | ||
| Q4 24 | — | $-80.0M | ||
| Q3 24 | — | $62.0M | ||
| Q2 24 | — | $-399.0M | ||
| Q1 24 | — | $-178.0M |
自由现金流LHAIOPEN
| Q4 25 | — | $67.0M | ||
| Q3 25 | — | $432.0M | ||
| Q2 25 | $-3.0M | $821.0M | ||
| Q1 25 | $-1.8M | $-283.0M | ||
| Q4 24 | — | $-83.0M | ||
| Q3 24 | — | $56.0M | ||
| Q2 24 | — | $-407.0M | ||
| Q1 24 | — | $-186.0M |
自由现金流率LHAIOPEN
| Q4 25 | — | 9.1% | ||
| Q3 25 | — | 47.2% | ||
| Q2 25 | -62.0% | 52.4% | ||
| Q1 25 | -31.7% | -24.5% | ||
| Q4 24 | — | -7.7% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | -26.9% | ||
| Q1 24 | — | -15.7% |
资本支出强度LHAIOPEN
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | 97.5% | 0.1% | ||
| Q1 25 | 16.0% | 0.3% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.7% |
现金转化率LHAIOPEN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 118.08× | — | ||
| Q1 25 | -11.09× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
