美股市場個股詳情

Coinbase (COIN)

添加自選
  • 191.250
  • +3.480+1.85%
收盤價 05/01 16:00 (美東)
  • 193.500
  • +2.250+1.18%
盤後 20:01 (美東)
503.85億總市值42.98市盈率TTM

Coinbase (COIN) 資產負債表

季報+年報
顯示同比 yoy
隱藏空行 yoy
(FY)2025/12/31
(Q4)2025/12/31
(Q3)2025/09/30
(Q2)2025/06/30
(Q1)2025/03/31
(FY)2024/12/31
(Q4)2024/12/31
(Q3)2024/09/30
(Q2)2024/06/30
(Q1)2024/03/31
資產
流動資產
現金及現金等價物和短期投資
24.50%119.14億
24.50%119.14億
57.12%133.32億
18.77%95.47億
38.76%101.48億
73.19%95.69億
73.19%95.69億
54.23%84.85億
46.62%80.38億
37.43%73.13億
-現金和現金等價物
21.24%112.85億
21.24%112.85億
12.33%86.76億
4.34%75.39億
19.96%80.51億
81.12%93.08億
81.12%93.08億
51.42%77.24億
39.85%72.26億
33.74%67.11億
-短期投資
140.80%6.29億
140.80%6.29億
511.66%46.56億
147.06%20.07億
248.40%20.97億
-32.37%2.61億
-32.37%2.61億
89.91%7.61億
157.51%8.12億
98.73%6.02億
應收款項
88.59%17.26億
88.59%17.26億
79.38%12.99億
19.58%11.43億
-31.29%7.68億
44.98%9.15億
44.98%9.15億
54.99%7.24億
94.23%9.56億
103.85%11.18億
-應收賬款
39.70%1.77億
39.70%1.77億
16.77%1.67億
-16.64%1.38億
-25.06%1.47億
55.56%1.27億
55.56%1.27億
54.34%1.43億
-28.59%1.65億
-9.40%1.96億
-應收貸款
110.30%13.55億
110.30%13.55億
76.11%9.16億
23.38%8.79億
-35.15%5.17億
61.42%6.44億
61.42%6.44億
90.26%5.2億
317.65%7.12億
311.78%7.97億
-應收稅費
1,052.37%6,372.6萬
1,052.37%6,372.6萬
340.87%7,420.3萬
499.28%4,082.3萬
-85.58%576.2萬
-91.32%553萬
-91.32%553萬
-75.86%1,683.1萬
-89.48%681.2萬
-41.21%3,994.5萬
-其他應收款
-20.68%1.33億
-20.68%1.33億
140.09%1.55億
6.23%9,829.4萬
6.14%1.26億
53.55%1.68億
53.55%1.68億
21.71%6,476.2萬
137.73%9,252.6萬
39.56%1.18億
-應收賬款調整額
89.26%-316.2萬
89.26%-316.2萬
32.29%-1,406.9萬
39.12%-1,282.3萬
19.52%-2,732.7萬
-30.45%-2,942.9萬
-30.45%-2,942.9萬
4.93%-2,077.8萬
-58.26%-2,106.3萬
-135.91%-3,395.5萬
預付費用
7.22%9,488.6萬
7.22%9,488.6萬
19.40%6,985.8萬
18.27%9,257.8萬
11.79%1.1億
11.25%8,850萬
11.25%8,850萬
-33.59%5,850.7萬
-3.03%7,827.5萬
-9.41%9,800.4萬
受限制現金
-10.57%65.05億
-10.57%65.05億
64.52%71.91億
42.64%64.37億
12.19%63.24億
46.13%72.74億
46.13%72.74億
23.10%43.71億
14.30%45.13億
2.93%56.37億
其他流動資產
-43.90%1.49億
-43.90%1.49億
-99.93%2.01億
-99.90%2.72億
-99.97%1.04億
85.74%2.66億
85.74%2.66億
138.63%2,727.87億
116.73%2,693.02億
165.03%3,296.75億
流動資產合計
12.56%203.88億
12.56%203.88億
-92.29%220.93億
-93.82%174.91億
-94.92%174.54億
59.49%181.13億
59.49%181.13億
131.14%2,864.26億
110.70%2,828.87億
153.11%3,438.41億
非流動資產
固定資產淨額
44.44%4.06億
44.44%4.06億
106.80%3.99億
99.30%3.78億
48.66%3.02億
36.99%2.81億
36.99%2.81億
-11.34%1.93億
-7.21%1.9億
-4.01%2.03億
-固定資產
45.48%6.78億
45.48%6.78億
106.80%3.99億
99.30%3.78億
48.66%3.02億
42.89%4.66億
42.89%4.66億
-11.34%1.93億
-7.21%1.9億
-4.01%2.03億
-累計折舊
-47.07%-2.72億
-47.07%-2.72億
----
----
----
-52.92%-1.85億
-52.92%-1.85億
----
----
----
商譽及其他無形資產
369.19%55.67億
369.19%55.67億
354.96%54.22億
-1.27%11.95億
-1.57%12億
-3.23%11.86億
-3.23%11.86億
-3.47%11.92億
-3.00%12.1億
-3.93%12.19億
-商譽
265.80%41.69億
265.80%41.69億
251.34%40.04億
1.22%11.54億
1.22%11.54億
0.00%11.4億
0.00%11.4億
0.00%11.4億
0.00%11.4億
0.00%11.4億
-其他無形資產
2,886.48%13.98億
2,886.48%13.98億
2,623.44%14.18億
-41.53%4,130.9萬
-41.57%4,659.9萬
-45.84%4,680.4萬
-45.84%4,680.4萬
-45.16%5,206萬
-34.67%7,064.9萬
-38.50%7,975.5萬
投資和預付款
36.05%26.22億
36.05%26.22億
85.15%29.99億
139.57%37.73億
-9.84%16.85億
186.07%19.27億
186.07%19.27億
99.22%16.2億
99.30%15.75億
125.52%18.69億
長期應收款
3.71%6,223.3萬
3.71%6,223.3萬
10.19%6,167.2萬
9.19%6,111萬
--6,055.4萬
--6,000.4萬
--6,000.4萬
--5,596.8萬
--5,596.8萬
----
非流動遞延資產
-39.36%5.71億
-39.36%5.71億
-68.62%3.24億
-46.41%5.41億
13.17%9.96億
-26.01%9.41億
-26.01%9.41億
-6.60%10.33億
-10.39%10.1億
-22.74%8.8億
其他非流動資產
67.54%5,551.4萬
67.54%5,551.4萬
32.15%5,235.3萬
18.45%3,766.9萬
39.88%3,355萬
67.01%3,313.5萬
67.01%3,313.5萬
1,319.38%3,961.5萬
320.09%3,180.1萬
--2,398.5萬
非流動資產合計
109.59%92.83億
109.59%92.83億
124.00%92.58億
46.97%59.86億
1.95%42.77億
30.38%44.29億
30.38%44.29億
22.05%41.33億
20.18%40.73億
21.33%41.96億
總資產
31.63%296.72億
31.63%296.72億
-89.21%313.51億
-91.82%234.76億
-93.76%217.31億
52.79%225.42億
52.79%225.42億
128.24%2,905.59億
108.47%2,869.59億
149.84%3,480.36億
負債
流動負債
應付款項
33.60%3.8億
33.60%3.8億
154.53%4.29億
80.31%2.81億
83.65%3.4億
55.70%2.84億
55.70%2.84億
51.78%1.69億
64.20%1.56億
93.47%1.85億
-應付賬款
85.74%1.18億
85.74%1.18億
118.06%8,586.3萬
82.99%6,851.8萬
133.05%6,251.5萬
61.13%6,331.6萬
61.13%6,331.6萬
7.16%3,937.5萬
33.81%3,744.3萬
13.21%2,682.5萬
-應付稅費
-27.42%6,598.2萬
-27.42%6,598.2萬
789.41%6,334.4萬
-56.26%646.4萬
262.27%1.28億
423.49%9,091萬
423.49%9,091萬
-51.43%712.2萬
420.32%1,477.7萬
548.42%3,522.2萬
-其他應付款
50.85%1.96億
50.85%1.96億
129.28%2.8億
98.79%2.06億
21.87%1.5億
3.33%1.3億
3.33%1.3億
104.54%1.22億
61.70%1.04億
84.92%1.23億
應計費用
28.27%4.25億
28.27%4.25億
22.34%4.06億
9.56%3.2億
31.74%3.22億
5.75%3.32億
5.75%3.32億
10.65%3.32億
49.65%2.92億
20.35%2.44億
短期借款與租賃負債
360.02%17.22億
360.02%17.22億
--12.68億
--12.67億
----
--3.74億
--3.74億
----
----
-30.96%882萬
-短期借款
360.02%17.22億
360.02%17.22億
--12.68億
--12.67億
----
--3.74億
--3.74億
----
----
----
-短期租賃負債
----
----
----
----
----
----
----
----
----
-30.96%882萬
其他流動負債
-11.17%61.74億
-11.17%61.74億
-97.44%70.86億
-97.68%63.63億
-98.13%62.71億
39.33%69.51億
39.33%69.51億
135.07%2,770.88億
113.59%2,739.06億
158.14%3,352.96億
流動負債總額
9.57%87.01億
9.57%87.01億
-96.69%91.89億
-97.00%82.31億
-97.93%69.33億
44.78%79.41億
44.78%79.41億
134.65%2,775.88億
113.44%2,743.54億
157.86%3,357.35億
非流動負債
長期借款與租賃負債
41.43%61.1億
41.43%61.1億
44.26%61.04億
-25.66%31.43億
2.30%43.22億
44.78%43.2億
44.78%43.2億
37.27%42.31億
26.48%42.28億
24.01%42.25億
-長期借款
40.22%59.37億
40.22%59.37億
40.24%59.33億
-29.67%29.74億
0.29%42.37億
42.09%42.34億
42.09%42.34億
37.52%42.31億
26.81%42.28億
24.43%42.25億
-長期租賃負債
101.35%1.73億
101.35%1.73億
--1.7億
--1.69億
--8,505萬
2,145.20%8,578.9萬
2,145.20%8,578.9萬
----
----
----
可轉換優先證券
----
----
----
----
----
----
----
----
----
--0
其他非流動負債
1,628.07%6,772.3萬
1,628.07%6,772.3萬
220.28%3,523.4萬
11.45%742.9萬
23.63%725.7萬
15.43%391.9萬
15.43%391.9萬
224.04%1,100.1萬
-53.23%666.6萬
-65.85%587萬
非流動負債總額
42.87%61.77億
42.87%61.77億
44.71%61.39億
-25.61%31.5億
2.33%43.29億
44.75%43.24億
44.75%43.24億
37.48%42.42億
26.14%42.35億
23.56%42.31億
總負債
21.31%148.79億
21.31%148.79億
-94.56%153.28億
-95.91%113.81億
-96.69%112.63億
44.77%122.65億
44.77%122.65億
132.18%2,818.3億
111.22%2,785.88億
154.41%3,399.65億
所有者權益
股本
50.00%3,000
50.00%3,000
50.00%3,000
0.00%2,000
0.00%2,000
0.00%2,000
0.00%2,000
0.00%2,000
0.00%2,000
0.00%2,000
-普通股股本
50.00%3,000
50.00%3,000
50.00%3,000
0.00%2,000
0.00%2,000
0.00%2,000
0.00%2,000
0.00%2,000
0.00%2,000
0.00%2,000
-優先股股本
--0
--0
--0
--0
--0
--0
--0
--0
--0
----
留存收益
25.41%62.21億
25.41%62.21億
87.70%68.88億
79.60%64.55億
41.27%50.27億
172.53%49.61億
172.53%49.61億
137.23%36.7億
132.01%35.94億
116.09%35.58億
資本公積
59.65%85.67億
59.65%85.67億
79.50%91.32億
17.08%56.4億
20.51%54.84億
19.47%53.66億
19.47%53.66億
15.14%50.87億
13.62%48.17億
12.17%45.5億
不影響留存收益的損益
109.94%497.3萬
109.94%497.3萬
112.27%353.8萬
99.85%-6萬
-12.26%-4,209.2萬
-65.35%-5,005.1萬
-65.35%-5,005.1萬
34.62%-2,884.3萬
-19.17%-4,027.1萬
-31.99%-3,749.6萬
股東權益總額
43.95%147.93億
43.95%147.93億
83.58%160.23億
44.49%120.95億
29.70%104.68億
63.60%102.77億
63.60%102.77億
47.41%87.28億
45.46%83.71億
42.22%80.71億
總權益
43.95%147.93億
43.95%147.93億
83.58%160.23億
44.49%120.95億
29.70%104.68億
63.60%102.77億
63.60%102.77億
47.41%87.28億
45.46%83.71億
42.22%80.71億
貨幣單位
美元
美元
美元
美元
美元
美元
美元
美元
美元
美元
會計準則
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
審計意見
帶解釋段的無保留意見
--
--
--
--
無保留意見
--
--
--
--
(FY)2025/12/31(Q4)2025/12/31(Q3)2025/09/30(Q2)2025/06/30(Q1)2025/03/31(FY)2024/12/31(Q4)2024/12/31(Q3)2024/09/30(Q2)2024/06/30(Q1)2024/03/31
資產
流動資產
現金及現金等價物和短期投資 24.50%119.14億24.50%119.14億57.12%133.32億18.77%95.47億38.76%101.48億73.19%95.69億73.19%95.69億54.23%84.85億46.62%80.38億37.43%73.13億
-現金和現金等價物 21.24%112.85億21.24%112.85億12.33%86.76億4.34%75.39億19.96%80.51億81.12%93.08億81.12%93.08億51.42%77.24億39.85%72.26億33.74%67.11億
-短期投資 140.80%6.29億140.80%6.29億511.66%46.56億147.06%20.07億248.40%20.97億-32.37%2.61億-32.37%2.61億89.91%7.61億157.51%8.12億98.73%6.02億
應收款項 88.59%17.26億88.59%17.26億79.38%12.99億19.58%11.43億-31.29%7.68億44.98%9.15億44.98%9.15億54.99%7.24億94.23%9.56億103.85%11.18億
-應收賬款 39.70%1.77億39.70%1.77億16.77%1.67億-16.64%1.38億-25.06%1.47億55.56%1.27億55.56%1.27億54.34%1.43億-28.59%1.65億-9.40%1.96億
-應收貸款 110.30%13.55億110.30%13.55億76.11%9.16億23.38%8.79億-35.15%5.17億61.42%6.44億61.42%6.44億90.26%5.2億317.65%7.12億311.78%7.97億
-應收稅費 1,052.37%6,372.6萬1,052.37%6,372.6萬340.87%7,420.3萬499.28%4,082.3萬-85.58%576.2萬-91.32%553萬-91.32%553萬-75.86%1,683.1萬-89.48%681.2萬-41.21%3,994.5萬
-其他應收款 -20.68%1.33億-20.68%1.33億140.09%1.55億6.23%9,829.4萬6.14%1.26億53.55%1.68億53.55%1.68億21.71%6,476.2萬137.73%9,252.6萬39.56%1.18億
-應收賬款調整額 89.26%-316.2萬89.26%-316.2萬32.29%-1,406.9萬39.12%-1,282.3萬19.52%-2,732.7萬-30.45%-2,942.9萬-30.45%-2,942.9萬4.93%-2,077.8萬-58.26%-2,106.3萬-135.91%-3,395.5萬
預付費用 7.22%9,488.6萬7.22%9,488.6萬19.40%6,985.8萬18.27%9,257.8萬11.79%1.1億11.25%8,850萬11.25%8,850萬-33.59%5,850.7萬-3.03%7,827.5萬-9.41%9,800.4萬
受限制現金 -10.57%65.05億-10.57%65.05億64.52%71.91億42.64%64.37億12.19%63.24億46.13%72.74億46.13%72.74億23.10%43.71億14.30%45.13億2.93%56.37億
其他流動資產 -43.90%1.49億-43.90%1.49億-99.93%2.01億-99.90%2.72億-99.97%1.04億85.74%2.66億85.74%2.66億138.63%2,727.87億116.73%2,693.02億165.03%3,296.75億
流動資產合計 12.56%203.88億12.56%203.88億-92.29%220.93億-93.82%174.91億-94.92%174.54億59.49%181.13億59.49%181.13億131.14%2,864.26億110.70%2,828.87億153.11%3,438.41億
非流動資產
固定資產淨額 44.44%4.06億44.44%4.06億106.80%3.99億99.30%3.78億48.66%3.02億36.99%2.81億36.99%2.81億-11.34%1.93億-7.21%1.9億-4.01%2.03億
-固定資產 45.48%6.78億45.48%6.78億106.80%3.99億99.30%3.78億48.66%3.02億42.89%4.66億42.89%4.66億-11.34%1.93億-7.21%1.9億-4.01%2.03億
-累計折舊 -47.07%-2.72億-47.07%-2.72億-------------52.92%-1.85億-52.92%-1.85億------------
商譽及其他無形資產 369.19%55.67億369.19%55.67億354.96%54.22億-1.27%11.95億-1.57%12億-3.23%11.86億-3.23%11.86億-3.47%11.92億-3.00%12.1億-3.93%12.19億
-商譽 265.80%41.69億265.80%41.69億251.34%40.04億1.22%11.54億1.22%11.54億0.00%11.4億0.00%11.4億0.00%11.4億0.00%11.4億0.00%11.4億
-其他無形資產 2,886.48%13.98億2,886.48%13.98億2,623.44%14.18億-41.53%4,130.9萬-41.57%4,659.9萬-45.84%4,680.4萬-45.84%4,680.4萬-45.16%5,206萬-34.67%7,064.9萬-38.50%7,975.5萬
投資和預付款 36.05%26.22億36.05%26.22億85.15%29.99億139.57%37.73億-9.84%16.85億186.07%19.27億186.07%19.27億99.22%16.2億99.30%15.75億125.52%18.69億
長期應收款 3.71%6,223.3萬3.71%6,223.3萬10.19%6,167.2萬9.19%6,111萬--6,055.4萬--6,000.4萬--6,000.4萬--5,596.8萬--5,596.8萬----
非流動遞延資產 -39.36%5.71億-39.36%5.71億-68.62%3.24億-46.41%5.41億13.17%9.96億-26.01%9.41億-26.01%9.41億-6.60%10.33億-10.39%10.1億-22.74%8.8億
其他非流動資產 67.54%5,551.4萬67.54%5,551.4萬32.15%5,235.3萬18.45%3,766.9萬39.88%3,355萬67.01%3,313.5萬67.01%3,313.5萬1,319.38%3,961.5萬320.09%3,180.1萬--2,398.5萬
非流動資產合計 109.59%92.83億109.59%92.83億124.00%92.58億46.97%59.86億1.95%42.77億30.38%44.29億30.38%44.29億22.05%41.33億20.18%40.73億21.33%41.96億
總資產 31.63%296.72億31.63%296.72億-89.21%313.51億-91.82%234.76億-93.76%217.31億52.79%225.42億52.79%225.42億128.24%2,905.59億108.47%2,869.59億149.84%3,480.36億
負債
流動負債
應付款項 33.60%3.8億33.60%3.8億154.53%4.29億80.31%2.81億83.65%3.4億55.70%2.84億55.70%2.84億51.78%1.69億64.20%1.56億93.47%1.85億
-應付賬款 85.74%1.18億85.74%1.18億118.06%8,586.3萬82.99%6,851.8萬133.05%6,251.5萬61.13%6,331.6萬61.13%6,331.6萬7.16%3,937.5萬33.81%3,744.3萬13.21%2,682.5萬
-應付稅費 -27.42%6,598.2萬-27.42%6,598.2萬789.41%6,334.4萬-56.26%646.4萬262.27%1.28億423.49%9,091萬423.49%9,091萬-51.43%712.2萬420.32%1,477.7萬548.42%3,522.2萬
-其他應付款 50.85%1.96億50.85%1.96億129.28%2.8億98.79%2.06億21.87%1.5億3.33%1.3億3.33%1.3億104.54%1.22億61.70%1.04億84.92%1.23億
應計費用 28.27%4.25億28.27%4.25億22.34%4.06億9.56%3.2億31.74%3.22億5.75%3.32億5.75%3.32億10.65%3.32億49.65%2.92億20.35%2.44億
短期借款與租賃負債 360.02%17.22億360.02%17.22億--12.68億--12.67億------3.74億--3.74億---------30.96%882萬
-短期借款 360.02%17.22億360.02%17.22億--12.68億--12.67億------3.74億--3.74億------------
-短期租賃負債 -------------------------------------30.96%882萬
其他流動負債 -11.17%61.74億-11.17%61.74億-97.44%70.86億-97.68%63.63億-98.13%62.71億39.33%69.51億39.33%69.51億135.07%2,770.88億113.59%2,739.06億158.14%3,352.96億
流動負債總額 9.57%87.01億9.57%87.01億-96.69%91.89億-97.00%82.31億-97.93%69.33億44.78%79.41億44.78%79.41億134.65%2,775.88億113.44%2,743.54億157.86%3,357.35億
非流動負債
長期借款與租賃負債 41.43%61.1億41.43%61.1億44.26%61.04億-25.66%31.43億2.30%43.22億44.78%43.2億44.78%43.2億37.27%42.31億26.48%42.28億24.01%42.25億
-長期借款 40.22%59.37億40.22%59.37億40.24%59.33億-29.67%29.74億0.29%42.37億42.09%42.34億42.09%42.34億37.52%42.31億26.81%42.28億24.43%42.25億
-長期租賃負債 101.35%1.73億101.35%1.73億--1.7億--1.69億--8,505萬2,145.20%8,578.9萬2,145.20%8,578.9萬------------
可轉換優先證券 --------------------------------------0
其他非流動負債 1,628.07%6,772.3萬1,628.07%6,772.3萬220.28%3,523.4萬11.45%742.9萬23.63%725.7萬15.43%391.9萬15.43%391.9萬224.04%1,100.1萬-53.23%666.6萬-65.85%587萬
非流動負債總額 42.87%61.77億42.87%61.77億44.71%61.39億-25.61%31.5億2.33%43.29億44.75%43.24億44.75%43.24億37.48%42.42億26.14%42.35億23.56%42.31億
總負債 21.31%148.79億21.31%148.79億-94.56%153.28億-95.91%113.81億-96.69%112.63億44.77%122.65億44.77%122.65億132.18%2,818.3億111.22%2,785.88億154.41%3,399.65億
所有者權益
股本 50.00%3,00050.00%3,00050.00%3,0000.00%2,0000.00%2,0000.00%2,0000.00%2,0000.00%2,0000.00%2,0000.00%2,000
-普通股股本 50.00%3,00050.00%3,00050.00%3,0000.00%2,0000.00%2,0000.00%2,0000.00%2,0000.00%2,0000.00%2,0000.00%2,000
-優先股股本 --0--0--0--0--0--0--0--0--0----
留存收益 25.41%62.21億25.41%62.21億87.70%68.88億79.60%64.55億41.27%50.27億172.53%49.61億172.53%49.61億137.23%36.7億132.01%35.94億116.09%35.58億
資本公積 59.65%85.67億59.65%85.67億79.50%91.32億17.08%56.4億20.51%54.84億19.47%53.66億19.47%53.66億15.14%50.87億13.62%48.17億12.17%45.5億
不影響留存收益的損益 109.94%497.3萬109.94%497.3萬112.27%353.8萬99.85%-6萬-12.26%-4,209.2萬-65.35%-5,005.1萬-65.35%-5,005.1萬34.62%-2,884.3萬-19.17%-4,027.1萬-31.99%-3,749.6萬
股東權益總額 43.95%147.93億43.95%147.93億83.58%160.23億44.49%120.95億29.70%104.68億63.60%102.77億63.60%102.77億47.41%87.28億45.46%83.71億42.22%80.71億
總權益 43.95%147.93億43.95%147.93億83.58%160.23億44.49%120.95億29.70%104.68億63.60%102.77億63.60%102.77億47.41%87.28億45.46%83.71億42.22%80.71億
貨幣單位 美元美元美元美元美元美元美元美元美元美元
會計準則 US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
審計意見 帶解釋段的無保留意見--------無保留意見--------
熱門市場機會
熱門中概股
查看更多
中東戰火燃至股市!投資者該如何應對?
5月1日,持續兩個多月的美以伊軍事衝突迎來法律節點,可能會使特朗普政府在未來幾天壓力增大。屆時若國會未能續批授權,對伊軍事行動將依法終止。此外,美伊停戰又有變數!自伊朗方面獲悉,伊朗已向巴基斯坦提交了其最新談判方案文本,由巴方作爲與美國進行談判的中間人。以色列媒體報道說,美國「可 展开