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RLI CORP（RLI）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
RLI CORP的季度营收约是世纪互联的1.3倍（$465.7M vs $362.7M），RLI CORP净利率更高（19.6% vs -10.7%，领先30.2%），RLI CORP自由现金流更多（$155.0M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 2.3%）
RLI Corp是一家总部位于美国伊利诺伊州皮奥里亚的专业保险公司，主营财产保险与意外伤害保险业务，深耕保险领域多年，凭借成熟的风险管控体系与定制化产品矩阵，为不同类型的客户提供全面可靠的风险保障服务。
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。
RLI vs VNET — 直观对比
营收规模更大
RLI
是对方的1.3倍
$362.7M
净利率更高
RLI
高出30.2%
-10.7%
自由现金流更多
RLI
多$348.1M
$-193.1M
两年增速更快
VNET
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $465.7M | $362.7M |
| 净利润 | $91.2M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 24.4% | 0.5% |
| 净利率 | 19.6% | -10.7% |
| 营收同比 | 6.1% | — |
| 净利润同比 | 123.1% | — |
| 每股收益（稀释后） | $1.00 | — |
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RLIVNET
| Q4 25 | $465.7M | — | ||
| Q3 25 | $509.3M | $362.7M | ||
| Q2 25 | $499.8M | — | ||
| Q1 25 | $407.7M | $309.5M | ||
| Q4 24 | $439.1M | — | ||
| Q3 24 | $470.0M | $302.2M | ||
| Q2 24 | $416.4M | $274.4M | ||
| Q1 24 | $444.8M | $262.9M |
净利润RLIVNET
| Q4 25 | $91.2M | — | ||
| Q3 25 | $124.6M | $-38.7M | ||
| Q2 25 | $124.3M | — | ||
| Q1 25 | $63.2M | $-2.4M | ||
| Q4 24 | $40.9M | — | ||
| Q3 24 | $95.0M | $-2.1M | ||
| Q2 24 | $82.0M | $-1.1M | ||
| Q1 24 | $127.9M | $-22.0M |
毛利率RLIVNET
| 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RLIVNET
| Q4 25 | 24.4% | — | ||
| Q3 25 | 30.9% | 0.5% | ||
| Q2 25 | 31.3% | — | ||
| Q1 25 | 19.3% | 0.1% | ||
| Q4 24 | 10.8% | — | ||
| Q3 24 | 24.9% | 24.5% | ||
| Q2 24 | 24.8% | 0.2% | ||
| Q1 24 | 36.0% | 0.2% |
净利率RLIVNET
| Q4 25 | 19.6% | — | ||
| Q3 25 | 24.5% | -10.7% | ||
| Q2 25 | 24.9% | — | ||
| Q1 25 | 15.5% | -0.8% | ||
| Q4 24 | 9.3% | — | ||
| Q3 24 | 20.2% | -0.7% | ||
| Q2 24 | 19.7% | -0.4% | ||
| Q1 24 | 28.8% | -8.4% |
每股收益（稀释后）RLIVNET
| Q4 25 | $1.00 | — | ||
| Q3 25 | $1.35 | — | ||
| Q2 25 | $1.34 | — | ||
| Q1 25 | $0.68 | — | ||
| Q4 24 | $-2.87 | — | ||
| Q3 24 | $2.06 | — | ||
| Q2 24 | $1.78 | — | ||
| Q1 24 | $2.77 | — |
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 | — | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.8B | $890.8M |
| 总资产 | $6.2B | $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RLIVNET
| Q4 25 | — | — | ||
| Q3 25 | — | $492.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $544.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $219.5M | ||
| Q2 24 | — | $247.2M | ||
| Q1 24 | — | $246.9M |
总债务RLIVNET
| Q4 25 | — | — | ||
| Q3 25 | $100.0M | — | ||
| Q2 25 | $100.0M | — | ||
| Q1 25 | $100.0M | — | ||
| Q4 24 | $100.0M | — | ||
| Q3 24 | $100.0M | $1.2B | ||
| Q2 24 | $100.0M | — | ||
| Q1 24 | $100.0M | — |
股东权益RLIVNET
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.9B | $890.8M | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.6B | $927.8M | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.7B | $902.9M | ||
| Q2 24 | $1.6B | $900.6M | ||
| Q1 24 | $1.5B | $895.1M |
总资产RLIVNET
| Q4 25 | $6.2B | — | ||
| Q3 25 | $6.2B | $6.1B | ||
| Q2 25 | $6.0B | — | ||
| Q1 25 | $5.7B | $5.4B | ||
| Q4 24 | $5.6B | — | ||
| Q3 24 | $5.8B | $4.3B | ||
| Q2 24 | $5.5B | $4.0B | ||
| Q1 24 | $5.3B | $3.9B |
负债/权益比RLIVNET
| Q4 25 | — | — | ||
| Q3 25 | 0.05× | — | ||
| Q2 25 | 0.06× | — | ||
| Q1 25 | 0.06× | — | ||
| Q4 24 | 0.07× | — | ||
| Q3 24 | 0.06× | 1.28× | ||
| Q2 24 | 0.06× | — | ||
| Q1 24 | 0.07× | — |
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 | $156.8M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $155.0M | $-193.1M |
| 自由现金流率自由现金流/营收 | 33.3% | -53.2% |
| 资本支出强度资本支出/营收 | 0.4% | 84.6% |
| 现金转化率经营现金流/净利润 | 1.72× | — |
| 过去12个月自由现金流最近4个季度 | $608.7M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流RLIVNET
| Q4 25 | $156.8M | — | ||
| Q3 25 | $179.2M | $113.8M | ||
| Q2 25 | $174.7M | — | ||
| Q1 25 | $103.5M | $27.0M | ||
| Q4 24 | $128.1M | — | ||
| Q3 24 | $219.4M | $108.3M | ||
| Q2 24 | $141.8M | $55.8M | ||
| Q1 24 | $70.9M | $37.1M |
自由现金流RLIVNET
| Q4 25 | $155.0M | — | ||
| Q3 25 | $177.8M | $-193.1M | ||
| Q2 25 | $173.4M | — | ||
| Q1 25 | $102.5M | $-220.0M | ||
| Q4 24 | $127.6M | — | ||
| Q3 24 | $219.0M | $-95.0M | ||
| Q2 24 | $139.1M | $-81.6M | ||
| Q1 24 | $69.9M | $-102.2M |
自由现金流率RLIVNET
| Q4 25 | 33.3% | — | ||
| Q3 25 | 34.9% | -53.2% | ||
| Q2 25 | 34.7% | — | ||
| Q1 25 | 25.1% | -71.1% | ||
| Q4 24 | 29.0% | — | ||
| Q3 24 | 46.6% | -31.4% | ||
| Q2 24 | 33.4% | -29.8% | ||
| Q1 24 | 15.7% | -38.9% |
资本支出强度RLIVNET
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.3% | 84.6% | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.3% | 79.8% | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.1% | 67.3% | ||
| Q2 24 | 0.7% | 50.1% | ||
| Q1 24 | 0.2% | 53.0% |
现金转化率RLIVNET
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.44× | — | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 3.13× | — | ||
| Q3 24 | 2.31× | — | ||
| Q2 24 | 1.73× | — | ||
| Q1 24 | 0.55× | — |
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
RLI
| Casualty Segment | $246.8M | 53% |
| Property Insurance Segment | $122.5M | 26% |
| Other | $59.3M | 13% |
| Surety Insurance Segment | $37.1M | 8% |
VNET
暂无分部数据
