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Mister Car Wash, Inc.（MCW）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
世纪互联的季度营收约是Mister Car Wash, Inc.的1.4倍（$362.7M vs $261.2M），Mister Car Wash, Inc.净利率更高（7.7% vs -10.7%，领先18.3%），Mister Car Wash, Inc.自由现金流更多（$-16.8M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 4.5%）
棕熊洗车是总部位于美国华盛顿州的连锁洗车品牌，1957年在西雅图成立，截至2021年拥有49家门店，是美国排名第12位的大型洗车连锁企业，在当地洗车服务市场拥有较高的市场认可度。
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。
MCW vs VNET — 直观对比
营收规模更大
VNET
是对方的1.4倍
$261.2M
净利率更高
MCW
高出18.3%
-10.7%
自由现金流更多
MCW
多$176.3M
$-193.1M
两年增速更快
VNET
近两年复合增速
4.5%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.2M | $362.7M |
| 净利润 | $20.1M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 15.8% | 0.5% |
| 净利率 | 7.7% | -10.7% |
| 营收同比 | 4.0% | — |
| 净利润同比 | 118.9% | — |
| 每股收益（稀释后） | $0.06 | — |
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MCWVNET
| Q4 25 | $261.2M | — | ||
| Q3 25 | $263.4M | $362.7M | ||
| Q2 25 | $265.4M | — | ||
| Q1 25 | $261.7M | $309.5M | ||
| Q4 24 | $251.2M | — | ||
| Q3 24 | $249.3M | $302.2M | ||
| Q2 24 | $255.0M | $274.4M | ||
| Q1 24 | $239.2M | $262.9M |
净利润MCWVNET
| Q4 25 | $20.1M | — | ||
| Q3 25 | $27.4M | $-38.7M | ||
| Q2 25 | $28.6M | — | ||
| Q1 25 | $27.0M | $-2.4M | ||
| Q4 24 | $9.2M | — | ||
| Q3 24 | $22.3M | $-2.1M | ||
| Q2 24 | $22.1M | $-1.1M | ||
| Q1 24 | $16.6M | $-22.0M |
毛利率MCWVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% |
营业利润率MCWVNET
| Q4 25 | 15.8% | — | ||
| Q3 25 | 19.7% | 0.5% | ||
| Q2 25 | 20.4% | — | ||
| Q1 25 | 20.2% | 0.1% | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 19.9% | 24.5% | ||
| Q2 24 | 21.6% | 0.2% | ||
| Q1 24 | 17.8% | 0.2% |
净利率MCWVNET
| Q4 25 | 7.7% | — | ||
| Q3 25 | 10.4% | -10.7% | ||
| Q2 25 | 10.8% | — | ||
| Q1 25 | 10.3% | -0.8% | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 9.0% | -0.7% | ||
| Q2 24 | 8.7% | -0.4% | ||
| Q1 24 | 7.0% | -8.4% |
每股收益（稀释后）MCWVNET
| Q4 25 | $0.06 | — | ||
| Q3 25 | $0.08 | — | ||
| Q2 25 | $0.09 | — | ||
| Q1 25 | $0.08 | — | ||
| Q4 24 | $0.02 | — | ||
| Q3 24 | $0.07 | — | ||
| Q2 24 | $0.07 | — | ||
| Q1 24 | $0.05 | — |
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 | $28.4M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $890.8M |
| 总资产 | $3.2B | $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MCWVNET
| Q4 25 | $28.4M | — | ||
| Q3 25 | $35.7M | $492.1M | ||
| Q2 25 | $26.4M | — | ||
| Q1 25 | $39.1M | $544.3M | ||
| Q4 24 | $67.5M | — | ||
| Q3 24 | $16.5M | $219.5M | ||
| Q2 24 | $3.6M | $247.2M | ||
| Q1 24 | $10.7M | $246.9M |
总债务MCWVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MCWVNET
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | $890.8M | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.0B | $927.8M | ||
| Q4 24 | $998.4M | — | ||
| Q3 24 | $979.4M | $902.9M | ||
| Q2 24 | $949.4M | $900.6M | ||
| Q1 24 | $928.7M | $895.1M |
总资产MCWVNET
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.1B | $6.1B | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $3.1B | $5.4B | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $3.0B | $4.3B | ||
| Q2 24 | $3.0B | $4.0B | ||
| Q1 24 | $2.9B | $3.9B |
负债/权益比MCWVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $60.0M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-16.8M | $-193.1M |
| 自由现金流率自由现金流/营收 | -6.4% | -53.2% |
| 资本支出强度资本支出/营收 | 29.4% | 84.6% |
| 现金转化率经营现金流/净利润 | 2.99× | — |
| 过去12个月自由现金流最近4个季度 | $30.3M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流MCWVNET
| Q4 25 | $60.0M | — | ||
| Q3 25 | $91.4M | $113.8M | ||
| Q2 25 | $46.8M | — | ||
| Q1 25 | $87.5M | $27.0M | ||
| Q4 24 | $49.8M | — | ||
| Q3 24 | $80.0M | $108.3M | ||
| Q2 24 | $60.9M | $55.8M | ||
| Q1 24 | $58.0M | $37.1M |
自由现金流MCWVNET
| Q4 25 | $-16.8M | — | ||
| Q3 25 | $25.8M | $-193.1M | ||
| Q2 25 | $-11.2M | — | ||
| Q1 25 | $32.5M | $-220.0M | ||
| Q4 24 | $-20.4M | — | ||
| Q3 24 | $-16.8M | $-95.0M | ||
| Q2 24 | $-20.4M | $-81.6M | ||
| Q1 24 | $-23.9M | $-102.2M |
自由现金流率MCWVNET
| Q4 25 | -6.4% | — | ||
| Q3 25 | 9.8% | -53.2% | ||
| Q2 25 | -4.2% | — | ||
| Q1 25 | 12.4% | -71.1% | ||
| Q4 24 | -8.1% | — | ||
| Q3 24 | -6.8% | -31.4% | ||
| Q2 24 | -8.0% | -29.8% | ||
| Q1 24 | -10.0% | -38.9% |
资本支出强度MCWVNET
| Q4 25 | 29.4% | — | ||
| Q3 25 | 24.9% | 84.6% | ||
| Q2 25 | 21.9% | — | ||
| Q1 25 | 21.1% | 79.8% | ||
| Q4 24 | 27.9% | — | ||
| Q3 24 | 38.8% | 67.3% | ||
| Q2 24 | 31.9% | 50.1% | ||
| Q1 24 | 34.2% | 53.0% |
现金转化率MCWVNET
| Q4 25 | 2.99× | — | ||
| Q3 25 | 3.33× | — | ||
| Q2 25 | 1.64× | — | ||
| Q1 25 | 3.24× | — | ||
| Q4 24 | 5.43× | — | ||
| Q3 24 | 3.58× | — | ||
| Q2 24 | 2.76× | — | ||
| Q1 24 | 3.49× | — |
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
MCW
| Transferred Over Time | $205.7M | 79% |
| Transferred At Point In Time | $55.2M | 21% |
VNET
暂无分部数据
