vs
美泰（MAT）与奇富科技（QFIN）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是奇富科技的1.2倍（$862.2M vs $731.2M），奇富科技净利率更高（27.5% vs 7.1%，领先20.4%），过去两年奇富科技的营收复合增速更高（16.4% vs -10.6%）
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
奇富科技（原360数科）是中国头部金融科技企业，主要为持牌金融机构提供智能风控、信贷技术解决方案，服务广大个人消费者及中小微企业，依托大数据、人工智能技术提升金融服务的普惠性与运营效率。
MAT vs QFIN — 直观对比
营收规模更大
MAT
是对方的1.2倍
$731.2M
净利率更高
QFIN
高出20.4%
7.1%
两年增速更快
QFIN
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $731.2M |
| 净利润 | $61.0M | $201.2M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 32.7% |
| 净利率 | 7.1% | 27.5% |
| 营收同比 | 4.3% | — |
| 净利润同比 | 251.4% | — |
| 每股收益（稀释后） | $0.20 | — |
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MATQFIN
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.7B | $731.2M | ||
| Q2 25 | $1.0B | $728.1M | ||
| Q1 25 | $826.6M | $646.4M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.8B | $622.7M | ||
| Q2 24 | $1.1B | $572.4M |
净利润MATQFIN
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | — | ||
| Q3 25 | $278.4M | $201.2M | ||
| Q2 25 | $53.4M | $241.6M | ||
| Q1 25 | $-40.3M | $247.6M | ||
| Q4 24 | $140.9M | — | ||
| Q3 24 | $372.4M | $256.3M | ||
| Q2 24 | $56.9M | $189.4M |
毛利率MATQFIN
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | — | ||
| Q3 25 | 50.0% | — | ||
| Q2 25 | 50.9% | — | ||
| Q1 25 | 49.4% | — | ||
| Q4 24 | 50.7% | — | ||
| Q3 24 | 53.1% | — | ||
| Q2 24 | 49.2% | — |
营业利润率MATQFIN
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | — | ||
| Q3 25 | 21.9% | 32.7% | ||
| Q2 25 | 7.7% | 41.0% | ||
| Q1 25 | -6.4% | 42.1% | ||
| Q4 24 | 9.6% | — | ||
| Q3 24 | 26.5% | 52.4% | ||
| Q2 24 | 7.7% | 47.7% |
净利率MATQFIN
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | — | ||
| Q3 25 | 16.0% | 27.5% | ||
| Q2 25 | 5.2% | 33.2% | ||
| Q1 25 | -4.9% | 38.3% | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 20.2% | 41.2% | ||
| Q2 24 | 5.3% | 33.1% |
每股收益（稀释后）MATQFIN
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | — | ||
| Q3 25 | $0.88 | — | ||
| Q2 25 | $0.16 | — | ||
| Q1 25 | $-0.12 | — | ||
| Q4 24 | $0.40 | — | ||
| Q3 24 | $1.09 | — | ||
| Q2 24 | $0.17 | — |
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 | $866.0M | $6.5B |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $2.1B | $24.3B |
| 总资产 | $6.3B | $61.4B |
| 负债/权益比越低杠杆越低 | 1.11× | — |
8季度趋势，按日历期对齐
现金及短期投资MATQFIN
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $691.9M | $6.5B | ||
| Q2 25 | $870.5M | $5.3B | ||
| Q1 25 | $1.2B | $8.6B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $723.5M | $4.3B | ||
| Q2 24 | $722.4M | $6.3B |
总债务MATQFIN
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
股东权益MATQFIN
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.3B | $24.3B | ||
| Q2 25 | $2.2B | $24.1B | ||
| Q1 25 | $2.1B | $23.1B | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | $22.9B | ||
| Q2 24 | $2.0B | $22.6B |
总资产MATQFIN
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | — | ||
| Q3 25 | $6.6B | $61.4B | ||
| Q2 25 | $6.2B | $59.8B | ||
| Q1 25 | $6.2B | $55.6B | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $6.5B | $47.0B | ||
| Q2 24 | $5.9B | $47.0B |
负债/权益比MATQFIN
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | 1.01× | — | ||
| Q2 24 | 1.18× | — |
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 | — | $351.4M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | — |
| 自由现金流率自由现金流/营收 | -10.2% | — |
| 资本支出强度资本支出/营收 | 7.6% | — |
| 现金转化率经营现金流/净利润 | — | 1.75× |
| 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MATQFIN
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | — | ||
| Q3 25 | $72.0M | $351.4M | ||
| Q2 25 | $-300.1M | $366.0M | ||
| Q1 25 | $24.8M | $386.6M | ||
| Q4 24 | $862.1M | — | ||
| Q3 24 | $155.8M | $338.0M | ||
| Q2 24 | $-252.9M | $269.9M |
自由现金流MATQFIN
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率MATQFIN
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度MATQFIN
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率MATQFIN
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | — | ||
| Q3 25 | 0.26× | 1.75× | ||
| Q2 25 | -5.62× | 1.52× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | 6.12× | — | ||
| Q3 24 | 0.42× | 1.32× | ||
| Q2 24 | -4.45× | 1.43× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
