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蜗牛（SNAL）与Spero Therapeutics, Inc.（SPRO）财务数据对比。点击上方公司名可切换其他公司
蜗牛的季度营收约是Spero Therapeutics, Inc.的2.0倍（$25.1M vs $12.6M），Spero Therapeutics, Inc.净利率更高（250.7% vs -3.4%，领先254.1%），Spero Therapeutics, Inc.同比增速更快（24080.8% vs -4.2%），过去两年Spero Therapeutics, Inc.的营收复合增速更高（847.7% vs 33.4%）
苏州蜗牛数字科技股份有限公司，简称蜗牛，是总部位于苏州的中国游戏企业，同时持有虚拟运营商牌照，旗下拥有蜗牛游戏、蜗牛移动两大业务板块，北美分部负责在美洲及欧洲地区推广旗下游戏产品。蜗牛主营大型多人在线、即时战略与休闲类游戏，全球累计注册用户已超7000万。
SNAL vs SPRO — 直观对比
营收规模更大
SNAL
是对方的2.0倍
$12.6M
营收增速更快
SPRO
高出24085.0%
-4.2%
净利率更高
SPRO
高出254.1%
-3.4%
两年增速更快
SPRO
近两年复合增速
33.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $25.1M | $12.6M |
| 净利润 | $-862.2K | $31.5M |
| 毛利率 | 38.3% | — |
| 营业利润率 | -6.0% | — |
| 净利率 | -3.4% | 250.7% |
| 营收同比 | -4.2% | 24080.8% |
| 净利润同比 | -177.0% | 250.9% |
| 每股收益（稀释后） | — | $0.56 |
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SNALSPRO
| Q4 25 | $25.1M | $12.6M | ||
| Q3 25 | $13.8M | $0 | ||
| Q2 25 | $22.2M | $0 | ||
| Q1 25 | $20.1M | $12.0K | ||
| Q4 24 | $26.2M | $52.0K | ||
| Q3 24 | $22.5M | $65.0K | ||
| Q2 24 | $21.6M | $114.0K | ||
| Q1 24 | $14.1M | $140.0K |
净利润SNALSPRO
| Q4 25 | $-862.2K | $31.5M | ||
| Q3 25 | $-7.9M | $-7.4M | ||
| Q2 25 | $-16.6M | $-1.7M | ||
| Q1 25 | $-1.9M | $-13.9M | ||
| Q4 24 | $1.1M | — | ||
| Q3 24 | $235.1K | $-17.1M | ||
| Q2 24 | $2.3M | $-17.9M | ||
| Q1 24 | $-1.8M | $-12.7M |
毛利率SNALSPRO
| Q4 25 | 38.3% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 31.3% | — | ||
| Q1 25 | 29.1% | — | ||
| Q4 24 | 43.3% | — | ||
| Q3 24 | 38.6% | — | ||
| Q2 24 | 37.5% | — | ||
| Q1 24 | 14.7% | — |
营业利润率SNALSPRO
| Q4 25 | -6.0% | — | ||
| Q3 25 | -71.3% | — | ||
| Q2 25 | -8.2% | — | ||
| Q1 25 | -20.4% | -122758.3% | ||
| Q4 24 | 11.5% | — | ||
| Q3 24 | 1.8% | -28604.6% | ||
| Q2 24 | 12.4% | -16720.2% | ||
| Q1 24 | -15.6% | -9987.1% |
净利率SNALSPRO
| Q4 25 | -3.4% | 250.7% | ||
| Q3 25 | -56.9% | — | ||
| Q2 25 | -74.7% | — | ||
| Q1 25 | -9.7% | -115550.0% | ||
| Q4 24 | 4.3% | — | ||
| Q3 24 | 1.0% | -26380.0% | ||
| Q2 24 | 10.4% | -15668.4% | ||
| Q1 24 | -12.6% | -9049.3% |
每股收益（稀释后）SNALSPRO
| Q4 25 | — | $0.56 | ||
| Q3 25 | — | $-0.13 | ||
| Q2 25 | $-0.44 | $-0.03 | ||
| Q1 25 | $-0.06 | $-0.25 | ||
| Q4 24 | $0.03 | — | ||
| Q3 24 | $0.01 | $-0.32 | ||
| Q2 24 | $0.06 | $-0.33 | ||
| Q1 24 | $-0.05 | $-0.24 |
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 | $8.6M | $40.3M |
| 总债务越低越好 | $14.6M | — |
| 股东权益账面价值 | $-16.4M | $59.0M |
| 总资产 | $59.3M | $68.9M |
| 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SNALSPRO
| Q4 25 | $8.6M | $40.3M | ||
| Q3 25 | $12.3M | $48.6M | ||
| Q2 25 | $7.9M | $31.2M | ||
| Q1 25 | $9.4M | $48.9M | ||
| Q4 24 | $7.3M | $52.9M | ||
| Q3 24 | $10.6M | $76.3M | ||
| Q2 24 | $15.5M | $63.5M | ||
| Q1 24 | $16.1M | $82.3M |
总债务SNALSPRO
| Q4 25 | $14.6M | — | ||
| Q3 25 | $10.5M | — | ||
| Q2 25 | $11.8M | — | ||
| Q1 25 | $9.0M | — | ||
| Q4 24 | $5.7M | — | ||
| Q3 24 | $5.7M | — | ||
| Q2 24 | $5.8M | — | ||
| Q1 24 | $6.5M | — |
股东权益SNALSPRO
| Q4 25 | $-16.4M | $59.0M | ||
| Q3 25 | $-15.6M | $26.5M | ||
| Q2 25 | $-8.0M | $32.8M | ||
| Q1 25 | $9.1M | $33.8M | ||
| Q4 24 | $9.7M | $46.1M | ||
| Q3 24 | $8.2M | $65.5M | ||
| Q2 24 | $7.9M | $80.5M | ||
| Q1 24 | $5.6M | $96.2M |
总资产SNALSPRO
| Q4 25 | $59.3M | $68.9M | ||
| Q3 25 | $51.1M | $54.2M | ||
| Q2 25 | $58.0M | $62.1M | ||
| Q1 25 | $64.5M | $77.7M | ||
| Q4 24 | $62.2M | $110.5M | ||
| Q3 24 | $66.8M | $135.2M | ||
| Q2 24 | $75.4M | $149.9M | ||
| Q1 24 | $78.3M | $167.7M |
负债/权益比SNALSPRO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.99× | — | ||
| Q4 24 | 0.59× | — | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.73× | — | ||
| Q1 24 | 1.16× | — |
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 | $-5.3M | $-8.4M |
| 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 | — | -0.26× |
| 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SNALSPRO
| Q4 25 | $-5.3M | $-8.4M | ||
| Q3 25 | $6.6M | $17.4M | ||
| Q2 25 | $-3.2M | $-17.7M | ||
| Q1 25 | $764.5K | $-4.0M | ||
| Q4 24 | $-3.6M | $-23.4M | ||
| Q3 24 | $-5.0M | $12.8M | ||
| Q2 24 | $206.6K | $-18.7M | ||
| Q1 24 | $6.8M | $5.9M |
现金转化率SNALSPRO
| Q4 25 | — | -0.26× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -3.21× | — | ||
| Q3 24 | -21.05× | — | ||
| Q2 24 | 0.09× | — | ||
| 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
SNAL
| Pc | $14.7M | 59% |
| Platform Three | $5.2M | 21% |
| Platform Two | $3.3M | 13% |
| Sales Channel Directly To Consumer Mobile Sale | $1.6M | 6% |
SPRO
暂无分部数据
