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RADIANT LOGISTICS, INC（RLGT）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RADIANT LOGISTICS, INC的1.6倍（$362.7M vs $232.1M），RADIANT LOGISTICS, INC净利率更高（2.3% vs -10.7%，领先12.9%），RADIANT LOGISTICS, INC自由现金流更多（$11.6M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 12.1%）
Radiant Logistics, Inc.是一家知名第三方物流服务商，提供端到端供应链解决方案、国内外货运代理、仓储及末端配送服务，核心市场覆盖北美，客户涵盖零售、制造、电商、工业等多个领域，助力企业优化物流流程、降低运营成本。
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。
RLGT vs VNET — 直观对比
营收规模更大
VNET
是对方的1.6倍
$232.1M
净利率更高
RLGT
高出12.9%
-10.7%
自由现金流更多
RLGT
多$204.7M
$-193.1M
两年增速更快
VNET
近两年复合增速
12.1%
损益表 — Q2 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $232.1M | $362.7M |
| 净利润 | $5.3M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 3.2% | 0.5% |
| 净利率 | 2.3% | -10.7% |
| 营收同比 | -12.3% | — |
| 净利润同比 | -18.0% | — |
| 每股收益（稀释后） | $0.11 | — |
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RLGTVNET
| Q4 25 | $232.1M | — | ||
| Q3 25 | $226.7M | $362.7M | ||
| Q2 25 | $220.6M | — | ||
| Q1 25 | $214.0M | $309.5M | ||
| Q4 24 | $264.5M | — | ||
| Q3 24 | $203.6M | $302.2M | ||
| Q2 24 | $206.0M | $274.4M | ||
| Q1 24 | $184.6M | $262.9M |
净利润RLGTVNET
| Q4 25 | $5.3M | — | ||
| Q3 25 | $1.3M | $-38.7M | ||
| Q2 25 | $4.9M | — | ||
| Q1 25 | $2.5M | $-2.4M | ||
| Q4 24 | $6.5M | — | ||
| Q3 24 | $3.4M | $-2.1M | ||
| Q2 24 | $4.8M | $-1.1M | ||
| Q1 24 | $-703.0K | $-22.0M |
毛利率RLGTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% |
营业利润率RLGTVNET
| Q4 25 | 3.2% | — | ||
| Q3 25 | 0.9% | 0.5% | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 1.6% | 0.1% | ||
| Q4 24 | 3.3% | — | ||
| Q3 24 | 1.9% | 24.5% | ||
| Q2 24 | 2.4% | 0.2% | ||
| Q1 24 | -0.5% | 0.2% |
净利率RLGTVNET
| Q4 25 | 2.3% | — | ||
| Q3 25 | 0.6% | -10.7% | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 1.2% | -0.8% | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 1.7% | -0.7% | ||
| Q2 24 | 2.3% | -0.4% | ||
| Q1 24 | -0.4% | -8.4% |
每股收益（稀释后）RLGTVNET
| Q4 25 | $0.11 | — | ||
| Q3 25 | $0.03 | — | ||
| Q2 25 | $0.10 | — | ||
| Q1 25 | $0.05 | — | ||
| Q4 24 | $0.13 | — | ||
| Q3 24 | $0.07 | — | ||
| Q2 24 | $0.11 | — | ||
| Q1 24 | $-0.02 | — |
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 | $31.9M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $229.8M | $890.8M |
| 总资产 | $439.4M | $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RLGTVNET
| Q4 25 | $31.9M | — | ||
| Q3 25 | $28.1M | $492.1M | ||
| Q2 25 | $22.9M | — | ||
| Q1 25 | $19.0M | $544.3M | ||
| Q4 24 | $19.9M | — | ||
| Q3 24 | $10.4M | $219.5M | ||
| Q2 24 | $24.9M | $247.2M | ||
| Q1 24 | $31.2M | $246.9M |
总债务RLGTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益RLGTVNET
| Q4 25 | $229.8M | — | ||
| Q3 25 | $225.7M | $890.8M | ||
| Q2 25 | $226.0M | — | ||
| Q1 25 | $218.2M | $927.8M | ||
| Q4 24 | $214.4M | — | ||
| Q3 24 | $212.4M | $902.9M | ||
| Q2 24 | $209.4M | $900.6M | ||
| Q1 24 | $206.0M | $895.1M |
总资产RLGTVNET
| Q4 25 | $439.4M | — | ||
| Q3 25 | $445.3M | $6.1B | ||
| Q2 25 | $426.8M | — | ||
| Q1 25 | $414.5M | $5.4B | ||
| Q4 24 | $386.8M | — | ||
| Q3 24 | $375.3M | $4.3B | ||
| Q2 24 | $371.2M | $4.0B | ||
| Q1 24 | $364.0M | $3.9B |
负债/权益比RLGTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $12.4M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $11.6M | $-193.1M |
| 自由现金流率自由现金流/营收 | 5.0% | -53.2% |
| 资本支出强度资本支出/营收 | 0.3% | 84.6% |
| 现金转化率经营现金流/净利润 | 2.33× | — |
| 过去12个月自由现金流最近4个季度 | $8.5M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流RLGTVNET
| Q4 25 | $12.4M | — | ||
| Q3 25 | $2.5M | $113.8M | ||
| Q2 25 | $3.1M | — | ||
| Q1 25 | $-5.7M | $27.0M | ||
| Q4 24 | $15.7M | — | ||
| Q3 24 | $205.0K | $108.3M | ||
| Q2 24 | $1.3M | $55.8M | ||
| Q1 24 | $3.9M | $37.1M |
自由现金流RLGTVNET
| Q4 25 | $11.6M | — | ||
| Q3 25 | $977.0K | $-193.1M | ||
| Q2 25 | $2.2M | — | ||
| Q1 25 | $-6.4M | $-220.0M | ||
| Q4 24 | $14.1M | — | ||
| Q3 24 | $-1.9M | $-95.0M | ||
| Q2 24 | $-185.0K | $-81.6M | ||
| Q1 24 | $1.8M | $-102.2M |
自由现金流率RLGTVNET
| Q4 25 | 5.0% | — | ||
| Q3 25 | 0.4% | -53.2% | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | -3.0% | -71.1% | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | -0.9% | -31.4% | ||
| Q2 24 | -0.1% | -29.8% | ||
| Q1 24 | 1.0% | -38.9% |
资本支出强度RLGTVNET
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.7% | 84.6% | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 0.3% | 79.8% | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 1.0% | 67.3% | ||
| Q2 24 | 0.7% | 50.1% | ||
| Q1 24 | 1.2% | 53.0% |
现金转化率RLGTVNET
| Q4 25 | 2.33× | — | ||
| Q3 25 | 1.90× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | -2.26× | — | ||
| Q4 24 | 2.43× | — | ||
| Q3 24 | 0.06× | — | ||
| Q2 24 | 0.26× | — | ||
| 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
RLGT
| Transferred Over Time | $201.2M | 87% |
| Other | $25.0M | 11% |
| Value Added Services | $4.2M | 2% |
| Transferred At Point In Time | $1.8M | 1% |
VNET
暂无分部数据
