vs
TreeHouse Foods, Inc.（THS）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
TreeHouse Foods, Inc.的季度营收约是VinFast Auto Ltd.的1.2倍（$840.3M vs $718.6M），VinFast Auto Ltd.净利率更高（-2.8% vs -31.6%，领先28.9%）
树屋食品公司是一家跨国食品加工企业，主打贴牌包装食品生产，总部位于美国伊利诺伊州奥克布鲁克，2005年成立后完全通过收购拓展业务。2010年该公司销售额达20亿美元，在20座工厂拥有超4000名员工，曾获评《食品加工》杂志2010年度加工企业，被称为“你没听过的大型企业”。
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。
THS vs VFS — 直观对比
营收规模更大
THS
是对方的1.2倍
$718.6M
净利率更高
VFS
高出28.9%
-31.6%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $840.3M | $718.6M |
| 净利润 | $-265.8M | $-20.0M |
| 毛利率 | 18.8% | — |
| 营业利润率 | -30.2% | -96.1% |
| 净利率 | -31.6% | -2.8% |
| 营收同比 | 0.1% | — |
| 净利润同比 | -7717.6% | — |
| 每股收益（稀释后） | $-5.26 | — |
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THSVFS
| Q3 25 | $840.3M | $718.6M | ||
| Q2 25 | $798.0M | $663.0M | ||
| Q1 25 | $792.0M | $656.5M | ||
| Q4 24 | $905.7M | — | ||
| Q3 24 | $839.1M | $511.6M | ||
| Q2 24 | $788.5M | — | ||
| Q1 24 | $820.7M | $302.6M | ||
| Q4 23 | $910.8M | — |
净利润THSVFS
| Q3 25 | $-265.8M | $-20.0M | ||
| Q2 25 | $-2.9M | $-51.8M | ||
| Q1 25 | $-31.8M | $-26.1M | ||
| Q4 24 | $58.7M | — | ||
| Q3 24 | $-3.4M | $-10.4M | ||
| Q2 24 | $-16.7M | — | ||
| Q1 24 | $-11.7M | $-618.3M | ||
| Q4 23 | $7.5M | — |
毛利率THSVFS
| Q3 25 | 18.8% | — | ||
| Q2 25 | 17.4% | — | ||
| Q1 25 | 14.5% | — | ||
| Q4 24 | 19.5% | — | ||
| Q3 24 | 15.6% | — | ||
| Q2 24 | 16.3% | — | ||
| Q1 24 | 13.6% | — | ||
| Q4 23 | 16.7% | — |
营业利润率THSVFS
| Q3 25 | -30.2% | -96.1% | ||
| Q2 25 | 3.4% | -79.0% | ||
| Q1 25 | -0.7% | -74.0% | ||
| Q4 24 | 8.9% | — | ||
| Q3 24 | 3.8% | -65.9% | ||
| Q2 24 | -0.5% | — | ||
| Q1 24 | -0.6% | -139.4% | ||
| Q4 23 | 4.6% | — |
净利率THSVFS
| Q3 25 | -31.6% | -2.8% | ||
| Q2 25 | -0.4% | -7.8% | ||
| Q1 25 | -4.0% | -4.0% | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | -0.4% | -2.0% | ||
| Q2 24 | -2.1% | — | ||
| Q1 24 | -1.4% | -204.3% | ||
| Q4 23 | 0.8% | — |
每股收益（稀释后）THSVFS
| Q3 25 | $-5.26 | — | ||
| Q2 25 | $-0.06 | — | ||
| Q1 25 | $-0.63 | — | ||
| Q4 24 | $1.12 | — | ||
| Q3 24 | $-0.07 | — | ||
| Q2 24 | $-0.32 | — | ||
| Q1 24 | $-0.22 | — | ||
| Q4 23 | $0.13 | — |
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 | $21.0M | $8.8M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $1.3B | — |
| 总资产 | $3.8B | $183.2M |
| 负债/权益比越低杠杆越低 | 1.18× | — |
8季度趋势，按日历期对齐
现金及短期投资THSVFS
| Q3 25 | $21.0M | $8.8M | ||
| Q2 25 | $17.1M | $650.0M | ||
| Q1 25 | $16.4M | $2.4M | ||
| Q4 24 | $289.6M | — | ||
| Q3 24 | $102.0M | $1.9M | ||
| Q2 24 | $105.8M | — | ||
| Q1 24 | $191.8M | $3.0M | ||
| Q4 23 | $320.3M | — |
总债务THSVFS
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — | ||
| Q4 23 | $1.4B | — |
股东权益THSVFS
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.5B | $-7.2B | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.6B | — | ||
| Q4 23 | $1.7B | — |
总资产THSVFS
| Q3 25 | $3.8B | $183.2M | ||
| Q2 25 | $4.0B | $7.2B | ||
| Q1 25 | $3.9B | $158.2M | ||
| Q4 24 | $4.0B | — | ||
| Q3 24 | $4.0B | $151.8M | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $4.0B | $145.6M | ||
| Q4 23 | $4.1B | — |
负债/权益比THSVFS
| Q3 25 | 1.18× | — | ||
| Q2 25 | 0.98× | — | ||
| Q1 25 | 0.93× | — | ||
| Q4 24 | 0.90× | — | ||
| Q3 24 | 0.90× | — | ||
| Q2 24 | 0.90× | — | ||
| Q1 24 | 0.87× | — | ||
| Q4 23 | 0.84× | — |
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 | $38.2M | — |
| 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 | — | — |
| 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THSVFS
| Q3 25 | $38.2M | — | ||
| Q2 25 | $-47.2M | — | ||
| Q1 25 | $-53.5M | — | ||
| Q4 24 | $296.2M | — | ||
| Q3 24 | $41.4M | — | ||
| Q2 24 | $-19.4M | — | ||
| Q1 24 | $-52.4M | — | ||
| Q4 23 | $147.0M | — |
自由现金流THSVFS
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-42.2M | — | ||
| Q1 24 | $-80.7M | — | ||
| Q4 23 | $84.3M | — |
自由现金流率THSVFS
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -5.4% | — | ||
| Q1 24 | -9.8% | — | ||
| Q4 23 | 9.3% | — |
资本支出强度THSVFS
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.9% | — | ||
| Q1 24 | 3.4% | — | ||
| Q4 23 | 6.9% | — |
现金转化率THSVFS
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 5.05× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | 19.60× | — |
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
THS
| Retail Grocery Customers | $670.6M | 80% |
| Food Away From Home And Other | $85.3M | 10% |
| Co Manufacturing | $84.4M | 10% |
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% |
