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花花公子（PLBY）与R F INDUSTRIES LTD（RFIL）财务数据对比。点击上方公司名可切换其他公司
花花公子的季度营收约是R F INDUSTRIES LTD的1.5倍（$34.9M vs $22.7M），花花公子净利率更高（10.3% vs 0.8%，领先9.5%），R F INDUSTRIES LTD同比增速更快（22.9% vs 4.2%），R F INDUSTRIES LTD自由现金流更多（$2.0M vs $1.1M），过去两年R F INDUSTRIES LTD的营收复合增速更高（29.8% vs 11.0%）
花花公子集团（Playboy, Inc.）起源于1953年由休·海夫纳联合合伙人在美国芝加哥创立，初始部分资金来自海夫纳母亲提供的1000美元贷款，是美国知名生活方式与娱乐内容品牌，旗下核心《花花公子》杂志同时发行电子版与纸质版。
妥思卷工业是一家总部位于美国伊利诺伊州芝加哥的糖果制造商，旗下最知名的产品包括同名的Tootsie Roll软糖以及Tootsie Pop棒棒糖，目前其品牌产品销往加拿大、墨西哥等全球超过75个国家。
PLBY vs RFIL — 直观对比
营收规模更大
PLBY
是对方的1.5倍
$22.7M
营收增速更快
RFIL
高出18.7%
4.2%
净利率更高
PLBY
高出9.5%
0.8%
自由现金流更多
RFIL
多$914.0K
$1.1M
两年增速更快
RFIL
近两年复合增速
11.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $34.9M | $22.7M |
| 净利润 | $3.6M | $173.0K |
| 毛利率 | 73.3% | 36.8% |
| 营业利润率 | 7.9% | 4.0% |
| 净利率 | 10.3% | 0.8% |
| 营收同比 | 4.2% | 22.9% |
| 净利润同比 | 128.6% | 172.7% |
| 每股收益（稀释后） | $0.05 | $0.01 |
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PLBYRFIL
| Q4 25 | $34.9M | $22.7M | ||
| Q3 25 | $29.0M | $19.8M | ||
| Q2 25 | $28.1M | $18.9M | ||
| Q1 25 | $28.9M | $19.2M | ||
| Q4 24 | $33.5M | $18.5M | ||
| Q3 24 | $29.4M | $16.8M | ||
| Q2 24 | $24.9M | $16.1M | ||
| Q1 24 | $28.3M | $13.5M |
净利润PLBYRFIL
| Q4 25 | $3.6M | $173.0K | ||
| Q3 25 | $460.0K | $392.0K | ||
| Q2 25 | $-7.7M | $-245.0K | ||
| Q1 25 | $-9.0M | $-245.0K | ||
| Q4 24 | $-12.5M | $-238.0K | ||
| Q3 24 | $-33.8M | $-705.0K | ||
| Q2 24 | $-16.7M | $-4.3M | ||
| Q1 24 | $-16.4M | $-1.4M |
毛利率PLBYRFIL
| Q4 25 | 73.3% | 36.8% | ||
| Q3 25 | 76.0% | 34.0% | ||
| Q2 25 | 65.4% | 31.5% | ||
| Q1 25 | 68.6% | 29.8% | ||
| Q4 24 | 70.8% | 31.3% | ||
| Q3 24 | 61.0% | 29.5% | ||
| Q2 24 | 67.8% | 29.9% | ||
| Q1 24 | 55.8% | 24.5% |
营业利润率PLBYRFIL
| Q4 25 | 7.9% | 4.0% | ||
| Q3 25 | 4.7% | 3.6% | ||
| Q2 25 | -20.9% | 0.6% | ||
| Q1 25 | -21.7% | 0.3% | ||
| Q4 24 | -13.3% | 0.5% | ||
| Q3 24 | -96.0% | -2.5% | ||
| Q2 24 | -37.0% | -2.6% | ||
| Q1 24 | -31.5% | -15.5% |
净利率PLBYRFIL
| Q4 25 | 10.3% | 0.8% | ||
| Q3 25 | 1.6% | 2.0% | ||
| Q2 25 | -27.3% | -1.3% | ||
| Q1 25 | -31.3% | -1.3% | ||
| Q4 24 | -37.4% | -1.3% | ||
| Q3 24 | -114.7% | -4.2% | ||
| Q2 24 | -66.9% | -26.7% | ||
| Q1 24 | -58.1% | -10.1% |
每股收益（稀释后）PLBYRFIL
| Q4 25 | $0.05 | $0.01 | ||
| Q3 25 | $0.00 | $0.04 | ||
| Q2 25 | $-0.08 | $-0.02 | ||
| Q1 25 | $-0.10 | $-0.02 | ||
| Q4 24 | $-0.13 | $-0.02 | ||
| Q3 24 | $-0.45 | $-0.07 | ||
| Q2 24 | $-0.23 | $-0.41 | ||
| Q1 24 | $-0.23 | $-0.13 |
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 | $37.8M | $5.1M |
| 总债务越低越好 | $174.2M | — |
| 股东权益账面价值 | $18.4M | $35.2M |
| 总资产 | $292.4M | $73.0M |
| 负债/权益比越低杠杆越低 | 9.48× | — |
8季度趋势，按日历期对齐
现金及短期投资PLBYRFIL
| Q4 25 | $37.8M | $5.1M | ||
| Q3 25 | $27.5M | $3.0M | ||
| Q2 25 | $19.6M | $3.6M | ||
| Q1 25 | $23.7M | $1.3M | ||
| Q4 24 | $30.9M | $839.0K | ||
| Q3 24 | $9.5M | $1.8M | ||
| Q2 24 | $16.9M | $1.4M | ||
| Q1 24 | $19.0M | $4.5M |
总债务PLBYRFIL
| Q4 25 | $174.2M | — | ||
| Q3 25 | $176.8M | — | ||
| Q2 25 | $177.5M | — | ||
| Q1 25 | $176.3M | — | ||
| Q4 24 | $176.6M | — | ||
| Q3 24 | $200.0M | — | ||
| Q2 24 | $196.3M | — | ||
| Q1 24 | $193.4M | — |
股东权益PLBYRFIL
| Q4 25 | $18.4M | $35.2M | ||
| Q3 25 | $3.8M | $34.8M | ||
| Q2 25 | $-17.5M | $34.2M | ||
| Q1 25 | $-11.4M | $34.2M | ||
| Q4 24 | $-7.7M | $34.1M | ||
| Q3 24 | $-15.7M | $34.1M | ||
| Q2 24 | $15.7M | $34.6M | ||
| Q1 24 | $29.5M | $38.7M |
总资产PLBYRFIL
| Q4 25 | $292.4M | $73.0M | ||
| Q3 25 | $278.3M | $73.2M | ||
| Q2 25 | $264.1M | $72.7M | ||
| Q1 25 | $270.6M | $70.4M | ||
| Q4 24 | $284.7M | $71.0M | ||
| Q3 24 | $271.5M | $71.9M | ||
| Q2 24 | $301.8M | $72.8M | ||
| Q1 24 | $309.1M | $79.1M |
负债/权益比PLBYRFIL
| Q4 25 | 9.48× | — | ||
| Q3 25 | 46.86× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 12.51× | — | ||
| Q1 24 | 6.54× | — |
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 | $1.4M | $2.1M |
| 自由现金流经营现金流 - 资本支出 | $1.1M | $2.0M |
| 自由现金流率自由现金流/营收 | 3.2% | 9.0% |
| 资本支出强度资本支出/营收 | 0.8% | 0.3% |
| 现金转化率经营现金流/净利润 | 0.39× | 12.13× |
| 过去12个月自由现金流最近4个季度 | $-1.0M | $4.3M |
8季度趋势，按日历期对齐
经营现金流PLBYRFIL
| Q4 25 | $1.4M | $2.1M | ||
| Q3 25 | $10.1M | $-311.0K | ||
| Q2 25 | $-3.9M | $2.2M | ||
| Q1 25 | $-7.6M | $601.0K | ||
| Q4 24 | $161.0K | $-244.0K | ||
| Q3 24 | $-6.5M | $2.4M | ||
| Q2 24 | $-3.0M | $197.0K | ||
| Q1 24 | $-9.8M | $840.0K |
自由现金流PLBYRFIL
| Q4 25 | $1.1M | $2.0M | ||
| Q3 25 | $9.8M | $-419.0K | ||
| Q2 25 | $-4.3M | $2.2M | ||
| Q1 25 | $-7.7M | $574.0K | ||
| Q4 24 | $-401.0K | $-418.0K | ||
| Q3 24 | $-7.0M | $2.1M | ||
| Q2 24 | $-3.7M | $28.0K | ||
| Q1 24 | $-10.3M | $697.0K |
自由现金流率PLBYRFIL
| Q4 25 | 3.2% | 9.0% | ||
| Q3 25 | 33.8% | -2.1% | ||
| Q2 25 | -15.2% | 11.4% | ||
| Q1 25 | -26.5% | 3.0% | ||
| Q4 24 | -1.2% | -2.3% | ||
| Q3 24 | -23.7% | 12.6% | ||
| Q2 24 | -14.8% | 0.2% | ||
| Q1 24 | -36.5% | 5.2% |
资本支出强度PLBYRFIL
| Q4 25 | 0.8% | 0.3% | ||
| Q3 25 | 1.1% | 0.5% | ||
| Q2 25 | 1.4% | 0.2% | ||
| Q1 25 | 0.1% | 0.1% | ||
| Q4 24 | 1.7% | 0.9% | ||
| Q3 24 | 1.5% | 1.5% | ||
| Q2 24 | 2.6% | 1.0% | ||
| Q1 24 | 2.1% | 1.1% |
现金转化率PLBYRFIL
| Q4 25 | 0.39× | 12.13× | ||
| Q3 25 | 22.02× | -0.79× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
PLBY
| Transferred At Point In Time | $22.2M | 64% |
| Trademark Licensing | $6.5M | 19% |
| Related Party | $5.0M | 14% |
| Other | $1.1M | 3% |
RFIL
| US | $20.9M | 92% |
| Non Us | $1.8M | 8% |
