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Real Brokerage Inc（REAX）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
VinFast Auto Ltd.的季度营收约是Real Brokerage Inc的1.3倍（$718.6M vs $568.5M），Real Brokerage Inc净利率更高（-0.1% vs -2.8%，领先2.7%）
该企业是美国房产服务企业，主营房产经纪业务运营与品牌特许经营，业务覆盖房产中介、 relocation服务、产权服务、保险及结算服务，旗下拥有Better Homes and Gardens Real Estate、21世纪不动产、Coldwell Banker、Corcoran Group、ERA房地产以及苏富比国际地产等多个知名品牌，2026年被Compass, Inc.收购。
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。
REAX vs VFS — 直观对比
营收规模更大
VFS
是对方的1.3倍
$568.5M
净利率更高
REAX
高出2.7%
-2.8%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $568.5M | $718.6M |
| 净利润 | $-447.0K | $-20.0M |
| 毛利率 | 7.9% | — |
| 营业利润率 | -0.1% | -96.1% |
| 净利率 | -0.1% | -2.8% |
| 营收同比 | 52.6% | — |
| 净利润同比 | 82.7% | — |
| 每股收益（稀释后） | $0.00 | — |
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REAXVFS
| Q3 25 | $568.5M | $718.6M | ||
| Q2 25 | $540.7M | $663.0M | ||
| Q1 25 | $354.0M | $656.5M | ||
| Q3 24 | $372.5M | $511.6M | ||
| Q1 24 | $200.7M | $302.6M |
净利润REAXVFS
| Q3 25 | $-447.0K | $-20.0M | ||
| Q2 25 | $1.5M | $-51.8M | ||
| Q1 25 | $-5.0M | $-26.1M | ||
| Q3 24 | $-2.6M | $-10.4M | ||
| Q1 24 | $-16.1M | $-618.3M |
毛利率REAXVFS
| Q3 25 | 7.9% | — | ||
| Q2 25 | 8.9% | — | ||
| Q1 25 | 9.6% | — | ||
| Q3 24 | 8.6% | — | ||
| Q1 24 | 10.3% | — |
营业利润率REAXVFS
| Q3 25 | -0.1% | -96.1% | ||
| Q2 25 | 0.3% | -79.0% | ||
| Q1 25 | -1.5% | -74.0% | ||
| Q3 24 | -0.7% | -65.9% | ||
| Q1 24 | -7.8% | -139.4% |
净利率REAXVFS
| Q3 25 | -0.1% | -2.8% | ||
| Q2 25 | 0.3% | -7.8% | ||
| Q1 25 | -1.4% | -4.0% | ||
| Q3 24 | -0.7% | -2.0% | ||
| Q1 24 | -8.0% | -204.3% |
每股收益（稀释后）REAXVFS
| Q3 25 | $0.00 | — | ||
| Q2 25 | $0.01 | — | ||
| Q1 25 | $-0.02 | — | ||
| Q3 24 | $-0.01 | — | ||
| Q1 24 | $-0.09 | — |
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 | $38.7M | $8.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $53.6M | — |
| 总资产 | $145.2M | $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REAXVFS
| Q3 25 | $38.7M | $8.8M | ||
| Q2 25 | $49.7M | $650.0M | ||
| Q1 25 | $24.7M | $2.4M | ||
| Q3 24 | $22.6M | $1.9M | ||
| Q1 24 | $20.1M | $3.0M |
股东权益REAXVFS
| Q3 25 | $53.6M | — | ||
| Q2 25 | $49.2M | $-7.2B | ||
| Q1 25 | $32.8M | — | ||
| Q3 24 | $29.8M | — | ||
| Q1 24 | $25.6M | — |
总资产REAXVFS
| Q3 25 | $145.2M | $183.2M | ||
| Q2 25 | $149.4M | $7.2B | ||
| Q1 25 | $100.5M | $158.2M | ||
| Q3 24 | $102.5M | $151.8M | ||
| Q1 24 | — | $145.6M |
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 | $8.8M | — |
| 自由现金流经营现金流 - 资本支出 | $8.4M | — |
| 自由现金流率自由现金流/营收 | 1.5% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $71.7M | — |
8季度趋势，按日历期对齐
经营现金流REAXVFS
| Q3 25 | $8.8M | — | ||
| Q2 25 | $41.0M | — | ||
| Q1 25 | $15.9M | — | ||
| Q3 24 | $7.2M | — | ||
| Q1 24 | $21.5M | — |
自由现金流REAXVFS
| Q3 25 | $8.4M | — | ||
| Q2 25 | $40.8M | — | ||
| Q1 25 | $15.7M | — | ||
| Q3 24 | $6.8M | — | ||
| Q1 24 | $21.4M | — |
自由现金流率REAXVFS
| Q3 25 | 1.5% | — | ||
| Q2 25 | 7.5% | — | ||
| Q1 25 | 4.4% | — | ||
| Q3 24 | 1.8% | — | ||
| Q1 24 | 10.7% | — |
资本支出强度REAXVFS
| Q3 25 | 0.1% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | — | ||
| Q3 24 | 0.1% | — | ||
| Q1 24 | 0.0% | — |
现金转化率REAXVFS
| Q3 25 | — | — | ||
| Q2 25 | 27.13× | — | ||
| Q1 25 | — | — | ||
| Q3 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
REAX
暂无分部数据
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% |
