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豪士科（OSK）与VinFast Auto Ltd.（VFS）财务数据对比。点击上方公司名可切换其他公司
豪士科的季度营收约是VinFast Auto Ltd.的3.7倍（$2.7B vs $718.6M）。豪士科净利率更高（5.0% vs -2.8%，领先7.8%）
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
VinFast Auto Ltd.是越南跨国汽车企业，由越南最大私营综合企业集团之一Vingroup创立。Vingroup由越南知名企业家潘日旺创办，业务覆盖地产、零售、医疗、科技等多个领域，是越南本土头部企业集团。
OSK vs VFS — 直观对比
营收规模更大
OSK
是对方的3.7倍
$718.6M
净利率更高
OSK
高出7.8%
-2.8%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $718.6M |
| 净利润 | $133.8M | $-20.0M |
| 毛利率 | 15.8% | — |
| 营业利润率 | 7.9% | -96.1% |
| 净利率 | 5.0% | -2.8% |
| 营收同比 | 3.5% | — |
| 净利润同比 | -12.6% | — |
| 每股收益（稀释后） | — | — |
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OSKVFS
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | $718.6M | ||
| Q2 25 | $2.7B | $663.0M | ||
| Q1 25 | $2.3B | $656.5M | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.7B | $511.6M | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.5B | $302.6M |
净利润OSKVFS
| Q4 25 | $133.8M | — | ||
| Q3 25 | $196.2M | $-20.0M | ||
| Q2 25 | $204.8M | $-51.8M | ||
| Q1 25 | $112.2M | $-26.1M | ||
| Q4 24 | $153.1M | — | ||
| Q3 24 | $180.3M | $-10.4M | ||
| Q2 24 | $168.6M | — | ||
| Q1 24 | $179.4M | $-618.3M |
毛利率OSKVFS
| Q4 25 | 15.8% | — | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 19.2% | — | ||
| Q1 25 | 17.3% | — | ||
| Q4 24 | 17.2% | — | ||
| Q3 24 | 18.5% | — | ||
| Q2 24 | 19.2% | — | ||
| Q1 24 | 18.5% | — |
营业利润率OSKVFS
| Q4 25 | 7.9% | — | ||
| Q3 25 | 9.7% | -96.1% | ||
| Q2 25 | 10.7% | -79.0% | ||
| Q1 25 | 7.6% | -74.0% | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 9.7% | -65.9% | ||
| Q2 24 | 9.2% | — | ||
| Q1 24 | 10.2% | -139.4% |
净利率OSKVFS
| Q4 25 | 5.0% | — | ||
| Q3 25 | 7.3% | -2.8% | ||
| Q2 25 | 7.5% | -7.8% | ||
| Q1 25 | 4.9% | -4.0% | ||
| Q4 24 | 5.9% | — | ||
| Q3 24 | 6.6% | -2.0% | ||
| Q2 24 | 5.9% | — | ||
| Q1 24 | 7.1% | -204.3% |
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 | $479.8M | $8.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.5B | — |
| 总资产 | $10.1B | $183.2M |
| 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OSKVFS
| Q4 25 | $479.8M | — | ||
| Q3 25 | $211.8M | $8.8M | ||
| Q2 25 | $191.7M | $650.0M | ||
| Q1 25 | $210.3M | $2.4M | ||
| Q4 24 | $204.9M | — | ||
| Q3 24 | $160.9M | $1.9M | ||
| Q2 24 | $141.4M | — | ||
| Q1 24 | $69.9M | $3.0M |
总债务OSKVFS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $602.3M | — | ||
| Q2 24 | $599.1M | — | ||
| Q1 24 | $598.9M | — |
股东权益OSKVFS
| Q4 25 | $4.5B | — | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | $-7.2B | ||
| Q1 25 | $4.2B | — | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $3.8B | — |
总资产OSKVFS
| Q4 25 | $10.1B | — | ||
| Q3 25 | $9.8B | $183.2M | ||
| Q2 25 | $10.0B | $7.2B | ||
| Q1 25 | $9.8B | $158.2M | ||
| Q4 24 | $9.4B | — | ||
| Q3 24 | $9.9B | $151.8M | ||
| Q2 24 | $9.7B | — | ||
| Q1 24 | $9.5B | $145.6M |
负债/权益比OSKVFS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | 0.15× | — | ||
| Q1 24 | 0.16× | — |
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 | $600.1M | — |
| 自由现金流经营现金流 - 资本支出 | $540.3M | — |
| 自由现金流率自由现金流/营收 | 20.1% | — |
| 资本支出强度资本支出/营收 | 2.2% | — |
| 现金转化率经营现金流/净利润 | 4.49× | — |
| 过去12个月自由现金流最近4个季度 | $618.0M | — |
8季度趋势，按日历期对齐
经营现金流OSKVFS
| Q4 25 | $600.1M | — | ||
| Q3 25 | $489.0M | — | ||
| Q2 25 | $89.2M | — | ||
| Q1 25 | $-394.9M | — | ||
| Q4 24 | $790.8M | — | ||
| Q3 24 | $326.1M | — | ||
| Q2 24 | $-211.0M | — | ||
| Q1 24 | $-355.8M | — |
自由现金流OSKVFS
| Q4 25 | $540.3M | — | ||
| Q3 25 | $464.3M | — | ||
| Q2 25 | $48.6M | — | ||
| Q1 25 | $-435.2M | — | ||
| Q4 24 | $703.3M | — | ||
| Q3 24 | $272.2M | — | ||
| Q2 24 | $-250.5M | — | ||
| Q1 24 | $-455.9M | — |
自由现金流率OSKVFS
| Q4 25 | 20.1% | — | ||
| Q3 25 | 17.3% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | -18.8% | — | ||
| Q4 24 | 27.1% | — | ||
| Q3 24 | 9.9% | — | ||
| Q2 24 | -8.8% | — | ||
| Q1 24 | -17.9% | — |
资本支出强度OSKVFS
| Q4 25 | 2.2% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 3.4% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 3.9% | — |
现金转化率OSKVFS
| Q4 25 | 4.49× | — | ||
| Q3 25 | 2.49× | — | ||
| Q2 25 | 0.44× | — | ||
| Q1 25 | -3.52× | — | ||
| Q4 24 | 5.17× | — | ||
| Q3 24 | 1.81× | — | ||
| Q2 24 | -1.25× | — | ||
| Q1 24 | -1.98× | — |
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
OSK
| Vocational Segment | $922.4M | 34% |
| Aerial Works Platforms | $548.6M | 20% |
| Other Access Equipment | $311.8M | 12% |
| Telehandlers | $311.2M | 12% |
| Airport Products | $252.7M | 9% |
| Delivery Vehicles | $165.0M | 6% |
| Other Vocational | $130.7M | 5% |
| Transferred Over Time | $23.5M | 1% |
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
