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诺唯真游轮控股（LINE）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
诺唯真游轮控股的季度营收约是SCANSOURCE, INC.的1.8倍（$1.4B vs $766.5M），SCANSOURCE, INC.净利率更高（2.2% vs -7.3%，领先9.4%），诺唯真游轮控股同比增速更快（3.1% vs 2.5%），诺唯真游轮控股自由现金流更多（$35.0M vs $28.9M）
诺唯真游轮控股是一家总部位于美国、注册地为百慕大的企业，旗下全资运营诺唯真游轮、大洋游轮、丽晶七海游轮三大品牌，合并业务规模位列全球游轮运营商第三位，目前在纽约证券交易所挂牌上市。
ScanSource是全球领先的专业技术分销商，主营销售点系统、条码扫描设备、网络安全产品、云服务及通信解决方案，面向北美、拉美、欧洲的增值经销商、服务提供商及企业客户，覆盖零售、医疗、工业、公共部门等领域。
LINE vs SCSC — 直观对比
营收规模更大
LINE
是对方的1.8倍
$766.5M
营收增速更快
LINE
高出0.6%
2.5%
净利率更高
SCSC
高出9.4%
-7.3%
自由现金流更多
LINE
多$6.1M
$28.9M
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $766.5M |
| 净利润 | $-100.0M | $16.5M |
| 毛利率 | 32.3% | 13.4% |
| 营业利润率 | 2.5% | 2.3% |
| 净利率 | -7.3% | 2.2% |
| 营收同比 | 3.1% | 2.5% |
| 净利润同比 | 79.4% | -3.3% |
| 每股收益（稀释后） | $-0.44 | $0.75 |
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LINESCSC
| Q4 25 | — | $766.5M | ||
| Q3 25 | $1.4B | $739.6M | ||
| Q2 25 | $1.4B | $812.9M | ||
| Q1 25 | $1.3B | $704.8M | ||
| Q4 24 | $1.3B | $747.5M | ||
| Q3 24 | $1.3B | $775.6M | ||
| Q2 24 | $1.3B | $746.1M | ||
| Q1 24 | $1.3B | $752.6M |
净利润LINESCSC
| Q4 25 | — | $16.5M | ||
| Q3 25 | $-100.0M | $19.9M | ||
| Q2 25 | $-6.0M | $20.1M | ||
| Q1 25 | $0 | $17.4M | ||
| Q4 24 | $-71.0M | $17.1M | ||
| Q3 24 | $-485.0M | $17.0M | ||
| Q2 24 | $-68.0M | $16.1M | ||
| Q1 24 | $-40.0M | $12.8M |
毛利率LINESCSC
| Q4 25 | — | 13.4% | ||
| Q3 25 | 32.3% | 14.5% | ||
| Q2 25 | 31.9% | 12.9% | ||
| Q1 25 | 32.2% | 14.2% | ||
| Q4 24 | 32.3% | 13.6% | ||
| Q3 24 | 32.8% | 13.1% | ||
| Q2 24 | 33.4% | 13.0% | ||
| Q1 24 | 33.4% | 12.6% |
营业利润率LINESCSC
| Q4 25 | — | 2.3% | ||
| Q3 25 | 2.5% | 3.5% | ||
| Q2 25 | 1.7% | 3.3% | ||
| Q1 25 | 4.3% | 3.2% | ||
| Q4 24 | -1.6% | 2.5% | ||
| Q3 24 | -38.6% | 2.3% | ||
| Q2 24 | 5.5% | 2.9% | ||
| Q1 24 | 7.6% | 2.3% |
净利率LINESCSC
| Q4 25 | — | 2.2% | ||
| Q3 25 | -7.3% | 2.7% | ||
| Q2 25 | -0.4% | 2.5% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | -5.3% | 2.3% | ||
| Q3 24 | -36.3% | 2.2% | ||
| Q2 24 | -5.1% | 2.2% | ||
| Q1 24 | -3.0% | 1.7% |
每股收益（稀释后）LINESCSC
| Q4 25 | — | $0.75 | ||
| Q3 25 | $-0.44 | $0.89 | ||
| Q2 25 | $-0.03 | $0.87 | ||
| Q1 25 | $0.01 | $0.74 | ||
| Q4 24 | $-0.52 | $0.70 | ||
| Q3 24 | $-2.44 | $0.69 | ||
| Q2 24 | $-0.46 | $0.66 | ||
| Q1 24 | $-0.28 | $0.50 |
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 | — | $83.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.4B | $910.9M |
| 总资产 | $19.2B | $1.7B |
| 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LINESCSC
| Q4 25 | — | $83.5M | ||
| Q3 25 | — | $124.9M | ||
| Q2 25 | — | $126.2M | ||
| Q1 25 | — | $146.3M | ||
| Q4 24 | $173.0M | $110.5M | ||
| Q3 24 | $409.0M | $145.0M | ||
| Q2 24 | $73.0M | $185.5M | ||
| Q1 24 | — | $159.1M |
股东权益LINESCSC
| Q4 25 | — | $910.9M | ||
| Q3 25 | $8.4B | $914.0M | ||
| Q2 25 | $8.6B | $906.4M | ||
| Q1 25 | $8.6B | $901.7M | ||
| Q4 24 | $8.6B | $900.7M | ||
| Q3 24 | $9.0B | $920.9M | ||
| Q2 24 | $4.9B | $924.3M | ||
| Q1 24 | $5.6B | $944.1M |
总资产LINESCSC
| Q4 25 | — | $1.7B | ||
| Q3 25 | $19.2B | $1.7B | ||
| Q2 25 | $19.4B | $1.8B | ||
| Q1 25 | $18.8B | $1.7B | ||
| Q4 24 | $18.7B | $1.7B | ||
| Q3 24 | $19.3B | $1.8B | ||
| Q2 24 | $18.8B | $1.8B | ||
| Q1 24 | — | $1.8B |
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 | $230.0M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $35.0M | $28.9M |
| 自由现金流率自由现金流/营收 | 2.5% | 3.8% |
| 资本支出强度资本支出/营收 | 14.2% | 0.3% |
| 现金转化率经营现金流/净利润 | — | 1.87× |
| 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LINESCSC
| Q4 25 | — | $30.8M | ||
| Q3 25 | $230.0M | $23.2M | ||
| Q2 25 | $258.0M | — | ||
| Q1 25 | $139.0M | $66.1M | ||
| Q4 24 | — | $-6.2M | ||
| Q3 24 | $186.0M | $44.8M | ||
| Q2 24 | $155.0M | — | ||
| Q1 24 | $105.0M | $160.2M |
自由现金流LINESCSC
| Q4 25 | — | $28.9M | ||
| Q3 25 | $35.0M | $20.8M | ||
| Q2 25 | $95.0M | — | ||
| Q1 25 | $-12.0M | $64.6M | ||
| Q4 24 | — | $-8.2M | ||
| Q3 24 | $33.0M | $42.5M | ||
| Q2 24 | $-31.0M | — | ||
| Q1 24 | $-42.0M | $157.7M |
自由现金流率LINESCSC
| Q4 25 | — | 3.8% | ||
| Q3 25 | 2.5% | 2.8% | ||
| Q2 25 | 7.0% | — | ||
| Q1 25 | -0.9% | 9.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | 2.5% | 5.5% | ||
| Q2 24 | -2.3% | — | ||
| Q1 24 | -3.2% | 21.0% |
资本支出强度LINESCSC
| Q4 25 | — | 0.3% | ||
| Q3 25 | 14.2% | 0.3% | ||
| Q2 25 | 12.1% | 0.3% | ||
| Q1 25 | 11.7% | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | 11.5% | 0.3% | ||
| Q2 24 | 13.9% | 0.2% | ||
| Q1 24 | 11.1% | 0.3% |
现金转化率LINESCSC
| Q4 25 | — | 1.87× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.79× | ||
| Q4 24 | — | -0.36× | ||
| Q3 24 | — | 2.64× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 12.51× |
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
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
