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世纪互联（VNET）与WINTRUST FINANCIAL CORP（WTFC）财务数据对比。点击上方公司名可切换其他公司
WINTRUST FINANCIAL CORP的季度营收约是世纪互联的2.0倍（$713.2M vs $362.7M），WINTRUST FINANCIAL CORP净利率更高（31.9% vs -10.7%，领先42.5%），过去两年世纪互联的营收复合增速更高（17.4% vs 9.8%）
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。
Wintrust Financial是美国本土金融控股公司，在伊利诺伊州北部及威斯康星州南部运营15家特许社区银行，属于美国中型银行机构，是芝加哥第二大银行企业，于纳斯达克全球精选市场上市，股票代码为WTFC。
VNET vs WTFC — 直观对比
营收规模更大
WTFC
是对方的2.0倍
$362.7M
净利率更高
WTFC
高出42.5%
-10.7%
两年增速更快
VNET
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $362.7M | $713.2M |
| 净利润 | $-38.7M | $227.4M |
| 毛利率 | 20.9% | — |
| 营业利润率 | 0.5% | — |
| 净利率 | -10.7% | 31.9% |
| 营收同比 | — | 10.9% |
| 净利润同比 | — | 2.0% |
| 每股收益（稀释后） | — | $3.22 |
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VNETWTFC
| Q1 26 | — | $713.2M | ||
| Q4 25 | — | $714.3M | ||
| Q3 25 | $362.7M | $697.8M | ||
| Q2 25 | — | $670.8M | ||
| Q1 25 | $309.5M | $643.1M | ||
| Q4 24 | — | $638.6M | ||
| Q3 24 | $302.2M | $615.7M | ||
| Q2 24 | $274.4M | $591.8M |
净利润VNETWTFC
| Q1 26 | — | $227.4M | ||
| Q4 25 | — | — | ||
| Q3 25 | $-38.7M | $216.3M | ||
| Q2 25 | — | $195.5M | ||
| Q1 25 | $-2.4M | $189.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-2.1M | $170.0M | ||
| Q2 24 | $-1.1M | $152.4M |
毛利率VNETWTFC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 20.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 25.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 23.2% | — | ||
| Q2 24 | 21.3% | — |
营业利润率VNETWTFC
| Q1 26 | — | — | ||
| Q4 25 | — | 42.3% | ||
| Q3 25 | 0.5% | 42.4% | ||
| Q2 25 | — | 39.8% | ||
| Q1 25 | 0.1% | 39.3% | ||
| Q4 24 | — | 39.6% | ||
| Q3 24 | 24.5% | 37.8% | ||
| Q2 24 | 0.2% | 35.7% |
净利率VNETWTFC
| Q1 26 | — | 31.9% | ||
| Q4 25 | — | — | ||
| Q3 25 | -10.7% | 31.0% | ||
| Q2 25 | — | 29.1% | ||
| Q1 25 | -0.8% | 29.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.7% | 27.6% | ||
| Q2 24 | -0.4% | 25.8% |
每股收益（稀释后）VNETWTFC
| Q1 26 | — | $3.22 | ||
| Q4 25 | — | $3.15 | ||
| Q3 25 | — | $2.78 | ||
| Q2 25 | — | $2.78 | ||
| Q1 25 | — | $2.69 | ||
| Q4 24 | — | $2.63 | ||
| Q3 24 | — | $2.47 | ||
| Q2 24 | — | $2.32 |
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 | $890.8M | $7.4B |
| 总资产 | $6.1B | $72.2B |
| 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VNETWTFC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $492.1M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $544.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $219.5M | — | ||
| Q2 24 | $247.2M | — |
总债务VNETWTFC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | — | — |
股东权益VNETWTFC
| Q1 26 | — | $7.4B | ||
| Q4 25 | — | $7.3B | ||
| Q3 25 | $890.8M | $7.0B | ||
| Q2 25 | — | $7.2B | ||
| Q1 25 | $927.8M | $6.6B | ||
| Q4 24 | — | $6.3B | ||
| Q3 24 | $902.9M | $6.4B | ||
| Q2 24 | $900.6M | $5.5B |
总资产VNETWTFC
| Q1 26 | — | $72.2B | ||
| Q4 25 | — | $71.1B | ||
| Q3 25 | $6.1B | $69.6B | ||
| Q2 25 | — | $69.0B | ||
| Q1 25 | $5.4B | $65.9B | ||
| Q4 24 | — | $64.9B | ||
| Q3 24 | $4.3B | $63.8B | ||
| Q2 24 | $4.0B | $59.8B |
负债/权益比VNETWTFC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.28× | — | ||
| Q2 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 | $113.8M | — |
| 自由现金流经营现金流 - 资本支出 | $-193.1M | — |
| 自由现金流率自由现金流/营收 | -53.2% | — |
| 资本支出强度资本支出/营收 | 84.6% | — |
| 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 | $-589.7M | — |
8季度趋势，按日历期对齐
经营现金流VNETWTFC
| Q1 26 | — | — | ||
| Q4 25 | — | $910.3M | ||
| Q3 25 | $113.8M | $209.8M | ||
| Q2 25 | — | $329.2M | ||
| Q1 25 | $27.0M | $119.8M | ||
| Q4 24 | — | $721.6M | ||
| Q3 24 | $108.3M | $-61.6M | ||
| Q2 24 | $55.8M | $221.2M |
自由现金流VNETWTFC
| Q1 26 | — | — | ||
| Q4 25 | — | $860.4M | ||
| Q3 25 | $-193.1M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $-220.0M | — | ||
| Q4 24 | — | $635.5M | ||
| Q3 24 | $-95.0M | $-78.3M | ||
| Q2 24 | $-81.6M | $182.1M |
自由现金流率VNETWTFC
| Q1 26 | — | — | ||
| Q4 25 | — | 120.5% | ||
| Q3 25 | -53.2% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -71.1% | — | ||
| Q4 24 | — | 99.5% | ||
| Q3 24 | -31.4% | -12.7% | ||
| Q2 24 | -29.8% | 30.8% |
资本支出强度VNETWTFC
| Q1 26 | — | — | ||
| Q4 25 | — | 7.0% | ||
| Q3 25 | 84.6% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 79.8% | — | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | 67.3% | 2.7% | ||
| Q2 24 | 50.1% | 6.6% |
现金转化率VNETWTFC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 1.68× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.36× | ||
| Q2 24 | — | 1.45× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
