vs
奇富科技（QFIN）与微博公司（WB）财务数据对比。点击上方公司名可切换其他公司
微博公司的季度营收约是奇富科技的1.8倍（$1.3B vs $731.2M），微博公司净利率更高（35.7% vs 27.5%，领先8.2%），过去两年微博公司的营收复合增速更高（22.6% vs 16.4%）
奇富科技（原360数科）是中国头部金融科技企业，主要为持牌金融机构提供智能风控、信贷技术解决方案，服务广大个人消费者及中小微企业，依托大数据、人工智能技术提升金融服务的普惠性与运营效率。
微博公司是中国知名的社交网络企业，旗下运营的新浪微博是国内极具影响力的微博客平台，公司总部位于中国北京，为数以亿计的用户提供社交互动、资讯传播、内容创作等多元互联网服务。
QFIN vs WB — 直观对比
营收规模更大
WB
是对方的1.8倍
$731.2M
净利率更高
WB
高出8.2%
27.5%
两年增速更快
WB
近两年复合增速
16.4%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $731.2M | $1.3B |
| 净利润 | $201.2M | $458.3M |
| 毛利率 | — | — |
| 营业利润率 | 32.7% | 29.1% |
| 净利率 | 27.5% | 35.7% |
| 营收同比 | — | — |
| 净利润同比 | — | — |
| 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QFINWB
| Q3 25 | $731.2M | $1.3B | ||
| Q2 25 | $728.1M | $841.7M | ||
| Q1 25 | $646.4M | $396.9M | ||
| Q3 24 | $622.7M | $1.3B | ||
| Q2 24 | $572.4M | $833.4M | ||
| Q1 24 | $575.2M | $395.5M | ||
| Q3 23 | $586.8M | $1.3B | ||
| Q2 23 | $539.8M | $854.0M |
净利润QFINWB
| Q3 25 | $201.2M | $458.3M | ||
| Q2 25 | $241.6M | $234.8M | ||
| Q1 25 | $247.6M | $108.1M | ||
| Q3 24 | $256.3M | $297.4M | ||
| Q2 24 | $189.4M | $164.6M | ||
| Q1 24 | $160.7M | $51.1M | ||
| Q3 23 | $155.9M | $268.8M | ||
| Q2 23 | $150.8M | $188.6M |
营业利润率QFINWB
| Q3 25 | 32.7% | 29.1% | ||
| Q2 25 | 41.0% | 30.4% | ||
| Q1 25 | 42.1% | 27.8% | ||
| Q3 24 | 52.4% | 29.0% | ||
| Q2 24 | 47.7% | 28.2% | ||
| Q1 24 | 32.8% | 25.2% | ||
| Q3 23 | 32.4% | 27.3% | ||
| Q2 23 | 30.2% | 25.8% |
净利率QFINWB
| Q3 25 | 27.5% | 35.7% | ||
| Q2 25 | 33.2% | 27.9% | ||
| Q1 25 | 38.3% | 27.2% | ||
| Q3 24 | 41.2% | 22.9% | ||
| Q2 24 | 33.1% | 19.8% | ||
| Q1 24 | 27.9% | 12.9% | ||
| Q3 23 | 26.6% | 20.7% | ||
| Q2 23 | 27.9% | 22.1% |
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 | $6.5B | $1.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $24.3B | $3.9B |
| 总资产 | $61.4B | $6.9B |
| 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QFINWB
| Q3 25 | $6.5B | $1.1B | ||
| Q2 25 | $5.3B | $1.2B | ||
| Q1 25 | $8.6B | $1.2B | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $6.3B | $1.9B | ||
| Q1 24 | $5.3B | $2.1B | ||
| Q3 23 | $4.9B | $2.8B | ||
| Q2 23 | $5.3B | $2.4B |
股东权益QFINWB
| Q3 25 | $24.3B | $3.9B | ||
| Q2 25 | $24.1B | $3.6B | ||
| Q1 25 | $23.1B | $3.5B | ||
| Q3 24 | $22.9B | — | ||
| Q2 24 | $22.6B | $3.4B | ||
| Q1 24 | $22.1B | $3.3B | ||
| Q3 23 | $21.1B | $3.2B | ||
| Q2 23 | $20.9B | $3.1B |
总资产QFINWB
| Q3 25 | $61.4B | $6.9B | ||
| Q2 25 | $59.8B | $6.5B | ||
| Q1 25 | $55.6B | $6.7B | ||
| Q3 24 | $47.0B | — | ||
| Q2 24 | $47.0B | $7.1B | ||
| Q1 24 | $47.4B | $7.3B | ||
| Q3 23 | $46.0B | $6.7B | ||
| Q2 23 | $43.4B | $6.9B |
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 | $351.4M | — |
| 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 | 1.75× | — |
| 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QFINWB
| Q3 25 | $351.4M | — | ||
| Q2 25 | $366.0M | — | ||
| Q1 25 | $386.6M | — | ||
| Q3 24 | $338.0M | — | ||
| Q2 24 | $269.9M | — | ||
| Q1 24 | $271.2M | — | ||
| Q3 23 | $170.5M | — | ||
| Q2 23 | $242.9M | — |
现金转化率QFINWB
| Q3 25 | 1.75× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 1.56× | — | ||
| Q3 24 | 1.32× | — | ||
| Q2 24 | 1.43× | — | ||
| Q1 24 | 1.69× | — | ||
| Q3 23 | 1.09× | — | ||
| Q2 23 | 1.61× | — |
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
QFIN
暂无分部数据
WB
| Income from operations | $373.2M | 29% |
| Shares used in computing diluted net income per share attributable to Weibos shareholders | $268.1M | 21% |
| Shares used in computing basic net income per share attributable to Weibos shareholders | $238.6M | 19% |
| Value-added services | $186.1M | 14% |
| Less: Income tax expenses | $113.2M | 9% |
| Investment related income, net | $45.0M | 4% |
| Product development | $16.7M | 1% |
| General and administrative | $10.6M | 1% |
| Sales and marketing | $7.1M | 1% |
| Accretion to redeemable non-controlling interests | $3.0M | 0% |
