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ONTO INNOVATION INC.（ONTO）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ONTO INNOVATION INC.的1.7倍（$362.7M vs $218.2M），ONTO INNOVATION INC.净利率更高（12.9% vs -10.7%，领先23.6%），ONTO INNOVATION INC.自由现金流更多（$82.0M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 2.6%）
Onto Innovation是一家美国半导体企业，2019年由Rudolph Technologies与Nanometrics合并组建，为微电子制造行业提供生产工艺、工艺控制相关设备及配套软件解决方案，是全球半导体制造支撑领域的重要供应商。
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。
ONTO vs VNET — 直观对比
营收规模更大
VNET
是对方的1.7倍
$218.2M
净利率更高
ONTO
高出23.6%
-10.7%
自由现金流更多
ONTO
多$275.1M
$-193.1M
两年增速更快
VNET
近两年复合增速
2.6%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $218.2M | $362.7M |
| 净利润 | $28.2M | $-38.7M |
| 毛利率 | 50.7% | 20.9% |
| 营业利润率 | 10.9% | 0.5% |
| 净利率 | 12.9% | -10.7% |
| 营收同比 | -13.5% | — |
| 净利润同比 | -46.8% | — |
| 每股收益（稀释后） | $0.57 | — |
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ONTOVNET
| Q3 25 | $218.2M | $362.7M | ||
| Q2 25 | $253.6M | — | ||
| Q1 25 | $266.6M | $309.5M | ||
| Q4 24 | $263.9M | — | ||
| Q3 24 | $252.2M | $302.2M | ||
| Q2 24 | $242.3M | $274.4M | ||
| Q1 24 | $228.8M | $262.9M | ||
| Q3 23 | $207.2M | $258.6M |
净利润ONTOVNET
| Q3 25 | $28.2M | $-38.7M | ||
| Q2 25 | $33.9M | — | ||
| Q1 25 | $64.1M | $-2.4M | ||
| Q4 24 | $48.8M | — | ||
| Q3 24 | $53.1M | $-2.1M | ||
| Q2 24 | $52.9M | $-1.1M | ||
| Q1 24 | $46.9M | $-22.0M | ||
| Q3 23 | $35.9M | $-5.5M |
毛利率ONTOVNET
| Q3 25 | 50.7% | 20.9% | ||
| Q2 25 | 48.2% | — | ||
| Q1 25 | 53.7% | 25.2% | ||
| Q4 24 | 50.2% | — | ||
| Q3 24 | 54.1% | 23.2% | ||
| Q2 24 | 52.9% | 21.3% | ||
| Q1 24 | 51.7% | 21.6% | ||
| Q3 23 | 51.6% | 16.2% |
营业利润率ONTOVNET
| Q3 25 | 10.9% | 0.5% | ||
| Q2 25 | 12.7% | — | ||
| Q1 25 | 23.7% | 0.1% | ||
| Q4 24 | 16.1% | — | ||
| Q3 24 | 21.0% | 24.5% | ||
| Q2 24 | 20.2% | 0.2% | ||
| Q1 24 | 18.7% | 0.2% | ||
| Q3 23 | 16.4% | 1.7% |
净利率ONTOVNET
| Q3 25 | 12.9% | -10.7% | ||
| Q2 25 | 13.4% | — | ||
| Q1 25 | 24.0% | -0.8% | ||
| Q4 24 | 18.5% | — | ||
| Q3 24 | 21.0% | -0.7% | ||
| Q2 24 | 21.9% | -0.4% | ||
| Q1 24 | 20.5% | -8.4% | ||
| Q3 23 | 17.3% | -2.1% |
每股收益（稀释后）ONTOVNET
| Q3 25 | $0.57 | — | ||
| Q2 25 | $0.69 | — | ||
| Q1 25 | $1.30 | — | ||
| Q4 24 | $0.98 | — | ||
| Q3 24 | $1.07 | — | ||
| Q2 24 | $1.07 | — | ||
| Q1 24 | $0.94 | — | ||
| Q3 23 | $0.73 | — |
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 | $603.1M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $890.8M |
| 总资产 | $2.2B | $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ONTOVNET
| Q3 25 | $603.1M | $492.1M | ||
| Q2 25 | $217.5M | — | ||
| Q1 25 | $203.7M | $544.3M | ||
| Q4 24 | $212.9M | — | ||
| Q3 24 | $188.7M | $219.5M | ||
| Q2 24 | $172.6M | $247.2M | ||
| Q1 24 | $190.9M | $246.9M | ||
| Q3 23 | $206.6M | $370.4M |
总债务ONTOVNET
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — |
股东权益ONTOVNET
| Q3 25 | $2.0B | $890.8M | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $1.9B | $927.8M | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.9B | $902.9M | ||
| Q2 24 | $1.8B | $900.6M | ||
| Q1 24 | $1.8B | $895.1M | ||
| Q3 23 | $1.7B | $942.7M |
总资产ONTOVNET
| Q3 25 | $2.2B | $6.1B | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.1B | $5.4B | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.1B | $4.3B | ||
| Q2 24 | $2.0B | $4.0B | ||
| Q1 24 | $2.0B | $3.9B | ||
| Q3 23 | $1.9B | $4.1B |
负债/权益比ONTOVNET
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $83.4M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $82.0M | $-193.1M |
| 自由现金流率自由现金流/营收 | 37.6% | -53.2% |
| 资本支出强度资本支出/营收 | 0.6% | 84.6% |
| 现金转化率经营现金流/净利润 | 2.95× | — |
| 过去12个月自由现金流最近4个季度 | $261.3M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流ONTOVNET
| Q3 25 | $83.4M | $113.8M | ||
| Q2 25 | $57.9M | — | ||
| Q1 25 | $92.0M | $27.0M | ||
| Q4 24 | $56.0M | — | ||
| Q3 24 | $67.2M | $108.3M | ||
| Q2 24 | $65.3M | $55.8M | ||
| Q1 24 | $57.1M | $37.1M | ||
| Q3 23 | $60.3M | $62.3M |
自由现金流ONTOVNET
| Q3 25 | $82.0M | $-193.1M | ||
| Q2 25 | $44.2M | — | ||
| Q1 25 | $83.7M | $-220.0M | ||
| Q4 24 | $51.4M | — | ||
| Q3 24 | $59.2M | $-95.0M | ||
| Q2 24 | $53.0M | $-81.6M | ||
| Q1 24 | $50.2M | $-102.2M | ||
| Q3 23 | $48.1M | $-67.5M |
自由现金流率ONTOVNET
| Q3 25 | 37.6% | -53.2% | ||
| Q2 25 | 17.4% | — | ||
| Q1 25 | 31.4% | -71.1% | ||
| Q4 24 | 19.5% | — | ||
| Q3 24 | 23.5% | -31.4% | ||
| Q2 24 | 21.9% | -29.8% | ||
| Q1 24 | 21.9% | -38.9% | ||
| Q3 23 | 23.2% | -26.1% |
资本支出强度ONTOVNET
| Q3 25 | 0.6% | 84.6% | ||
| Q2 25 | 5.4% | — | ||
| Q1 25 | 3.1% | 79.8% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 3.2% | 67.3% | ||
| Q2 24 | 5.1% | 50.1% | ||
| Q1 24 | 3.0% | 53.0% | ||
| Q3 23 | 5.9% | 50.2% |
现金转化率ONTOVNET
| Q3 25 | 2.95× | — | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 1.27× | — | ||
| Q2 24 | 1.23× | — | ||
| Q1 24 | 1.22× | — | ||
| Q3 23 | 1.68× | — |
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
ONTO
| Systems And Software Revenue | $173.8M | 80% |
| Parts Revenue | $23.9M | 11% |
| Service Revenue | $20.5M | 9% |
VNET
暂无分部数据
