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狮门影业（LION）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
狮门影业的季度营收约是世纪互联的2.0倍（$724.3M vs $362.7M），狮门影业净利率更高（-6.4% vs -10.7%，领先4.3%），狮门影业自由现金流更多（$-111.9M vs $-193.1M）
狮门加拿大是狮门影业旗下的加拿大娱乐公司，总部位于多伦多娱乐区，核心业务涵盖电影与电视剧的制作、采购发行，为全球市场打造优质影视内容，在北美影视制作领域拥有丰富的行业资源与成熟的运营经验。
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。
LION vs VNET — 直观对比
营收规模更大
LION
是对方的2.0倍
$362.7M
净利率更高
LION
高出4.3%
-10.7%
自由现金流更多
LION
多$81.2M
$-193.1M
损益表 — Q3 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $724.3M | $362.7M |
| 净利润 | $-46.2M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 5.0% | 0.5% |
| 净利率 | -6.4% | -10.7% |
| 营收同比 | 52.5% | — |
| 净利润同比 | 59.3% | — |
| 每股收益（稀释后） | $-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LIONVNET
| Q4 25 | $724.3M | — | ||
| Q3 25 | $475.1M | $362.7M | ||
| Q2 25 | $525.9M | — | ||
| Q1 25 | — | $309.5M | ||
| Q3 24 | — | $302.2M | ||
| Q2 24 | — | $274.4M | ||
| Q1 24 | — | $262.9M | ||
| Q3 23 | — | $258.6M |
净利润LIONVNET
| Q4 25 | $-46.2M | — | ||
| Q3 25 | $-113.5M | $-38.7M | ||
| Q2 25 | $-108.9M | — | ||
| Q1 25 | — | $-2.4M | ||
| Q3 24 | — | $-2.1M | ||
| Q2 24 | — | $-1.1M | ||
| Q1 24 | — | $-22.0M | ||
| Q3 23 | — | $-5.5M |
毛利率LIONVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% | ||
| Q3 23 | — | 16.2% |
营业利润率LIONVNET
| Q4 25 | 5.0% | — | ||
| Q3 25 | -9.7% | 0.5% | ||
| Q2 25 | -2.0% | — | ||
| Q1 25 | — | 0.1% | ||
| Q3 24 | — | 24.5% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.2% | ||
| Q3 23 | — | 1.7% |
净利率LIONVNET
| Q4 25 | -6.4% | — | ||
| Q3 25 | -23.9% | -10.7% | ||
| Q2 25 | -20.7% | — | ||
| Q1 25 | — | -0.8% | ||
| Q3 24 | — | -0.7% | ||
| Q2 24 | — | -0.4% | ||
| Q1 24 | — | -8.4% | ||
| Q3 23 | — | -2.1% |
每股收益（稀释后）LIONVNET
| Q4 25 | $-0.16 | — | ||
| Q3 25 | $-0.39 | — | ||
| Q2 25 | $-0.40 | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — |
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 | $182.4M | $492.1M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $-1.3B | $890.8M |
| 总资产 | $5.2B | $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LIONVNET
| Q4 25 | $182.4M | — | ||
| Q3 25 | $202.4M | $492.1M | ||
| Q2 25 | $186.1M | — | ||
| Q1 25 | — | $544.3M | ||
| Q3 24 | — | $219.5M | ||
| Q2 24 | — | $247.2M | ||
| Q1 24 | — | $246.9M | ||
| Q3 23 | — | $370.4M |
总债务LIONVNET
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — |
股东权益LIONVNET
| Q4 25 | $-1.3B | — | ||
| Q3 25 | $-1.3B | $890.8M | ||
| Q2 25 | $-1.1B | — | ||
| Q1 25 | — | $927.8M | ||
| Q3 24 | — | $902.9M | ||
| Q2 24 | — | $900.6M | ||
| Q1 24 | — | $895.1M | ||
| Q3 23 | — | $942.7M |
总资产LIONVNET
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.2B | $6.1B | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | — | $5.4B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.0B | ||
| Q1 24 | — | $3.9B | ||
| Q3 23 | — | $4.1B |
负债/权益比LIONVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 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 | $-108.9M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-111.9M | $-193.1M |
| 自由现金流率自由现金流/营收 | -15.4% | -53.2% |
| 资本支出强度资本支出/营收 | 0.4% | 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 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流LIONVNET
| Q4 25 | $-108.9M | — | ||
| Q3 25 | $-104.0M | $113.8M | ||
| Q2 25 | $-31.0M | — | ||
| Q1 25 | — | $27.0M | ||
| Q3 24 | — | $108.3M | ||
| Q2 24 | — | $55.8M | ||
| Q1 24 | — | $37.1M | ||
| Q3 23 | — | $62.3M |
自由现金流LIONVNET
| Q4 25 | $-111.9M | — | ||
| Q3 25 | $-107.2M | $-193.1M | ||
| Q2 25 | $-34.5M | — | ||
| Q1 25 | — | $-220.0M | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | — | $-81.6M | ||
| Q1 24 | — | $-102.2M | ||
| Q3 23 | — | $-67.5M |
自由现金流率LIONVNET
| Q4 25 | -15.4% | — | ||
| Q3 25 | -22.6% | -53.2% | ||
| Q2 25 | -6.6% | — | ||
| Q1 25 | — | -71.1% | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | — | -29.8% | ||
| Q1 24 | — | -38.9% | ||
| Q3 23 | — | -26.1% |
资本支出强度LIONVNET
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.7% | 84.6% | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | — | 79.8% | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 50.1% | ||
| Q1 24 | — | 53.0% | ||
| Q3 23 | — | 50.2% |
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
LION
| Television Production | $303.1M | 42% |
| Digital Media | $155.1M | 21% |
| Third Party Purchasers Individual Agreements | $91.2M | 13% |
| Theatrical | $70.7M | 10% |
| Domestic Television | $43.1M | 6% |
| Starz Business | $24.1M | 3% |
| Other Media | $17.6M | 2% |
| Packaged Media | $14.1M | 2% |
VNET
暂无分部数据
