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奥飞娱乐（MAX）与ROYAL GOLD INC（RGLD）财务数据对比。点击上方公司名可切换其他公司
ROYAL GOLD INC的季度营收约是奥飞娱乐的1.2倍（$375.3M vs $310.0M），ROYAL GOLD INC净利率更高（24.9% vs 4.5%，领先20.4%），ROYAL GOLD INC同比增速更快（85.3% vs 17.3%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 31.9%）
奥飞娱乐股份有限公司由蔡东青于1993年创立，是一家中国跨国综合企业集团，主营动漫、玩具、传媒资产与娱乐业务，2016年由原奥飞动漫更名而来。集团拥有国漫平台有妖气，还在美国设有影视公司奥飞影业，并宣布将在美国设立动漫业务部门。
Royal Gold Inc.是全球领先的贵金属流权与特许权经营企业，收购并管理多元化的矿业项目流权、净熔炼收益特许权及相关权益，资产覆盖黄金、白银、铜等品类，业务遍及多地区，无需直接承担采矿运营风险。
MAX vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.2倍
$310.0M
营收增速更快
RGLD
高出68.0%
17.3%
净利率更高
RGLD
高出20.4%
4.5%
两年增速更快
RGLD
近两年复合增速
31.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $310.0M | $375.3M |
| 净利润 | $14.0M | $93.6M |
| 毛利率 | 15.1% | 64.6% |
| 营业利润率 | 7.2% | 56.2% |
| 净利率 | 4.5% | 24.9% |
| 营收同比 | 17.3% | 85.3% |
| 净利润同比 | 701.8% | -12.8% |
| 每股收益（稀释后） | — | $1.04 |
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MAXRGLD
| Q1 26 | $310.0M | — | ||
| Q4 25 | $291.2M | $375.3M | ||
| Q3 25 | $306.5M | $252.1M | ||
| Q2 25 | $251.6M | $209.6M | ||
| Q1 25 | $264.3M | $193.4M | ||
| Q4 24 | $300.6M | $202.6M | ||
| Q3 24 | $259.1M | $193.8M | ||
| Q2 24 | $178.3M | $174.1M |
净利润MAXRGLD
| Q1 26 | $14.0M | — | ||
| Q4 25 | $31.4M | $93.6M | ||
| Q3 25 | $14.9M | $126.8M | ||
| Q2 25 | $-18.7M | $132.3M | ||
| Q1 25 | $-1.9M | $113.5M | ||
| Q4 24 | $4.6M | $107.4M | ||
| Q3 24 | $9.5M | $96.2M | ||
| Q2 24 | $3.6M | $81.2M |
毛利率MAXRGLD
| Q1 26 | 15.1% | — | ||
| Q4 25 | 15.4% | 64.6% | ||
| Q3 25 | 14.2% | 73.6% | ||
| Q2 25 | 15.0% | 72.6% | ||
| Q1 25 | 15.8% | 69.4% | ||
| Q4 24 | 16.3% | 70.3% | ||
| Q3 24 | 15.1% | 66.6% | ||
| Q2 24 | 17.8% | 64.7% |
营业利润率MAXRGLD
| Q1 26 | 7.2% | — | ||
| Q4 25 | 7.7% | 56.2% | ||
| Q3 25 | 6.4% | 64.4% | ||
| Q2 25 | -8.0% | 67.7% | ||
| Q1 25 | 0.0% | 63.6% | ||
| Q4 24 | 6.1% | 65.9% | ||
| Q3 24 | 6.0% | 61.3% | ||
| Q2 24 | 3.6% | 58.6% |
净利率MAXRGLD
| Q1 26 | 4.5% | — | ||
| Q4 25 | 10.8% | 24.9% | ||
| Q3 25 | 4.9% | 50.3% | ||
| Q2 25 | -7.4% | 63.1% | ||
| Q1 25 | -0.7% | 58.7% | ||
| Q4 24 | 1.5% | 53.0% | ||
| Q3 24 | 3.7% | 49.7% | ||
| Q2 24 | 2.0% | 46.6% |
每股收益（稀释后）MAXRGLD
| Q1 26 | — | — | ||
| Q4 25 | $0.50 | $1.04 | ||
| Q3 25 | $0.26 | $1.92 | ||
| Q2 25 | $-0.33 | $2.01 | ||
| Q1 25 | $-0.04 | $1.72 | ||
| Q4 24 | $0.09 | $1.63 | ||
| Q3 24 | $0.17 | $1.46 | ||
| Q2 24 | $0.07 | $1.23 |
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 | $26.1M | $233.7M |
| 总债务越低越好 | $163.5M | — |
| 股东权益账面价值 | — | $7.2B |
| 总资产 | $367.7M | $9.5B |
| 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MAXRGLD
| Q1 26 | $26.1M | — | ||
| Q4 25 | $46.9M | $233.7M | ||
| Q3 25 | $38.8M | $172.8M | ||
| Q2 25 | $85.4M | $248.2M | ||
| Q1 25 | $63.6M | $240.8M | ||
| Q4 24 | $43.3M | $195.5M | ||
| Q3 24 | $32.3M | $127.9M | ||
| Q2 24 | $28.7M | $74.2M |
总债务MAXRGLD
| Q1 26 | $163.5M | — | ||
| Q4 25 | $153.4M | — | ||
| Q3 25 | $155.7M | — | ||
| Q2 25 | $158.0M | — | ||
| Q1 25 | $160.2M | — | ||
| Q4 24 | $162.4M | — | ||
| Q3 24 | $164.7M | $0 | ||
| Q2 24 | $166.9M | $50.0M |
股东权益MAXRGLD
| Q1 26 | — | — | ||
| Q4 25 | $4.2M | $7.2B | ||
| Q3 25 | $-29.8M | $3.4B | ||
| Q2 25 | $-3.8M | $3.3B | ||
| Q1 25 | $7.9M | $3.2B | ||
| Q4 24 | $2.4M | $3.1B | ||
| Q3 24 | $-8.4M | $3.0B | ||
| Q2 24 | $-24.4M | $3.0B |
总资产MAXRGLD
| Q1 26 | $367.7M | — | ||
| Q4 25 | $383.8M | $9.5B | ||
| Q3 25 | $266.2M | $4.5B | ||
| Q2 25 | $249.4M | $3.6B | ||
| Q1 25 | $240.0M | $3.5B | ||
| Q4 24 | $262.4M | $3.4B | ||
| Q3 24 | $236.1M | $3.3B | ||
| Q2 24 | $198.2M | $3.3B |
负债/权益比MAXRGLD
| Q1 26 | — | — | ||
| Q4 25 | 36.88× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 20.23× | — | ||
| Q4 24 | 68.31× | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.02× |
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 | — | $241.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 2.58× |
| 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MAXRGLD
| Q1 26 | — | — | ||
| Q4 25 | $-7.4M | $241.7M | ||
| Q3 25 | $23.6M | $174.0M | ||
| Q2 25 | $25.7M | $152.8M | ||
| Q1 25 | $23.7M | $136.4M | ||
| Q4 24 | $14.5M | $141.1M | ||
| Q3 24 | $8.1M | $136.7M | ||
| Q2 24 | $21.6M | $113.5M |
自由现金流MAXRGLD
| Q1 26 | — | — | ||
| Q4 25 | $-7.5M | — | ||
| Q3 25 | $23.6M | — | ||
| Q2 25 | $25.5M | — | ||
| Q1 25 | $23.6M | — | ||
| Q4 24 | $14.5M | — | ||
| Q3 24 | $8.0M | — | ||
| Q2 24 | $21.5M | — |
自由现金流率MAXRGLD
| Q1 26 | — | — | ||
| Q4 25 | -2.6% | — | ||
| Q3 25 | 7.7% | — | ||
| Q2 25 | 10.2% | — | ||
| Q1 25 | 8.9% | — | ||
| Q4 24 | 4.8% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | 12.0% | — |
资本支出强度MAXRGLD
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.1% | — |
现金转化率MAXRGLD
| Q1 26 | — | — | ||
| Q4 25 | -0.24× | 2.58× | ||
| Q3 25 | 1.58× | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | 3.13× | 1.31× | ||
| Q3 24 | 0.85× | 1.42× | ||
| Q2 24 | 5.97× | 1.40× |
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
MAX
暂无分部数据
RGLD
| Gold | $216.9M | 58% |
| Pueblo Viejo | $47.3M | 13% |
| Andacollo | $32.6M | 9% |
| Silver | $32.1M | 9% |
| Other | $27.2M | 7% |
| Copper | $13.7M | 4% |
| Cortez Legacy Zone | $5.4M | 1% |
