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AXCELIS TECHNOLOGIES INC（ACLS）与南玻集团（CSGS）财务数据对比。点击上方公司名可切换其他公司
南玻集团的季度营收约是AXCELIS TECHNOLOGIES INC的1.4倍（$323.1M vs $238.3M），AXCELIS TECHNOLOGIES INC净利率更高（14.4% vs 2.2%，领先12.2%），南玻集团同比增速更快（2.0% vs -5.6%），南玻集团自由现金流更多（$55.8M vs $-8.9M），过去两年南玻集团的营收复合增速更高（4.6% vs -2.8%）
Axcelis Technologies是一家美国半导体设备供应商，1995年成立，总部位于美国马萨诸塞州贝弗利。公司面向全球半导体制造行业，从事半导体生产核心设备的设计、制造及服务，主营产品包括高中电流、高能离子注入系统以及半导体芯片制造用固化系统。
中国南玻集团股份有限公司是中国规模最大的建筑玻璃生产商，业务涵盖浮法玻璃、建筑玻璃、显示玻璃、汽车玻璃、镀膜玻璃、镜子、彩滤玻璃、太阳能玻璃及节能玻璃等各类玻璃产品的研发、生产与销售，产品广泛应用于建筑、消费电子、新能源汽车、光伏等多个领域。
ACLS vs CSGS — 直观对比
营收规模更大
CSGS
是对方的1.4倍
$238.3M
营收增速更快
CSGS
高出7.6%
-5.6%
净利率更高
ACLS
高出12.2%
2.2%
自由现金流更多
CSGS
多$64.7M
$-8.9M
两年增速更快
CSGS
近两年复合增速
-2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $323.1M |
| 净利润 | $34.3M | $7.0M |
| 毛利率 | 47.0% | 50.0% |
| 营业利润率 | 15.2% | 9.0% |
| 净利率 | 14.4% | 2.2% |
| 营收同比 | -5.6% | 2.0% |
| 净利润同比 | -31.3% | -79.7% |
| 每股收益（稀释后） | $1.11 | $0.24 |
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ACLSCSGS
| Q4 25 | $238.3M | $323.1M | ||
| Q3 25 | $213.6M | $303.6M | ||
| Q2 25 | $194.5M | $297.1M | ||
| Q1 25 | $192.6M | $299.5M | ||
| Q4 24 | $252.4M | $316.7M | ||
| Q3 24 | $256.6M | $295.1M | ||
| Q2 24 | $256.5M | $290.3M | ||
| Q1 24 | $252.4M | $295.1M |
净利润ACLSCSGS
| Q4 25 | $34.3M | $7.0M | ||
| Q3 25 | $26.0M | $20.5M | ||
| Q2 25 | $31.4M | $12.3M | ||
| Q1 25 | $28.6M | $16.1M | ||
| Q4 24 | $50.0M | $34.5M | ||
| Q3 24 | $48.6M | $19.1M | ||
| Q2 24 | $50.9M | $13.8M | ||
| Q1 24 | $51.6M | $19.5M |
毛利率ACLSCSGS
| Q4 25 | 47.0% | 50.0% | ||
| Q3 25 | 41.6% | 48.1% | ||
| Q2 25 | 44.9% | 49.5% | ||
| Q1 25 | 46.1% | 48.4% | ||
| Q4 24 | 46.0% | 51.3% | ||
| Q3 24 | 42.9% | 49.4% | ||
| Q2 24 | 43.8% | 47.3% | ||
| Q1 24 | 46.0% | 46.5% |
营业利润率ACLSCSGS
| Q4 25 | 15.2% | 9.0% | ||
| Q3 25 | 11.7% | 10.0% | ||
| Q2 25 | 14.9% | 10.0% | ||
| Q1 25 | 15.1% | 9.8% | ||
| Q4 24 | 21.6% | 13.4% | ||
| Q3 24 | 18.3% | 10.8% | ||
| Q2 24 | 20.6% | 8.8% | ||
| Q1 24 | 22.4% | 10.8% |
净利率ACLSCSGS
| Q4 25 | 14.4% | 2.2% | ||
| Q3 25 | 12.2% | 6.7% | ||
| Q2 25 | 16.1% | 4.1% | ||
| Q1 25 | 14.8% | 5.4% | ||
| Q4 24 | 19.8% | 10.9% | ||
| Q3 24 | 18.9% | 6.5% | ||
| Q2 24 | 19.8% | 4.8% | ||
| Q1 24 | 20.4% | 6.6% |
每股收益（稀释后）ACLSCSGS
| Q4 25 | $1.11 | $0.24 | ||
| Q3 25 | $0.83 | $0.73 | ||
| Q2 25 | $0.98 | $0.44 | ||
| Q1 25 | $0.88 | $0.57 | ||
| Q4 24 | $1.54 | $1.20 | ||
| Q3 24 | $1.49 | $0.67 | ||
| Q2 24 | $1.55 | $0.48 | ||
| Q1 24 | $1.57 | $0.68 |
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 | $374.3M | $180.0M |
| 总债务越低越好 | — | $539.5M |
| 股东权益账面价值 | $1.0B | $283.7M |
| 总资产 | $1.4B | $1.5B |
| 负债/权益比越低杠杆越低 | — | 1.90× |
8季度趋势，按日历期对齐
现金及短期投资ACLSCSGS
| Q4 25 | $374.3M | $180.0M | ||
| Q3 25 | $449.6M | $158.4M | ||
| Q2 25 | $549.8M | $145.9M | ||
| Q1 25 | $587.1M | $136.0M | ||
| Q4 24 | $571.3M | $161.8M | ||
| Q3 24 | $579.4M | $118.4M | ||
| Q2 24 | $548.3M | $110.4M | ||
| Q1 24 | $530.2M | $120.8M |
总债务ACLSCSGS
| Q4 25 | — | $539.5M | ||
| Q3 25 | — | $538.6M | ||
| Q2 25 | — | $537.8M | ||
| Q1 25 | — | $537.6M | ||
| Q4 24 | — | $538.5M | ||
| Q3 24 | — | $539.5M | ||
| Q2 24 | — | $540.5M | ||
| Q1 24 | — | $541.5M |
股东权益ACLSCSGS
| Q4 25 | $1.0B | $283.7M | ||
| Q3 25 | $1.0B | $289.5M | ||
| Q2 25 | $1.0B | $290.7M | ||
| Q1 25 | $1.0B | $283.1M | ||
| Q4 24 | $1.0B | $282.6M | ||
| Q3 24 | $975.6M | $288.4M | ||
| Q2 24 | $934.9M | $273.3M | ||
| Q1 24 | $901.7M | $269.3M |
总资产ACLSCSGS
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.4B | $1.5B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $1.3B | $1.4B | ||
| Q2 24 | $1.3B | $1.4B | ||
| Q1 24 | $1.3B | $1.3B |
负债/权益比ACLSCSGS
| Q4 25 | — | 1.90× | ||
| Q3 25 | — | 1.86× | ||
| Q2 25 | — | 1.85× | ||
| Q1 25 | — | 1.90× | ||
| Q4 24 | — | 1.91× | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | — | 1.98× | ||
| Q1 24 | — | 2.01× |
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 | $-6.6M | $59.2M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $55.8M |
| 自由现金流率自由现金流/营收 | -3.7% | 17.3% |
| 资本支出强度资本支出/营收 | 1.0% | 1.1% |
| 现金转化率经营现金流/净利润 | -0.19× | 8.46× |
| 过去12个月自由现金流最近4个季度 | $107.0M | $141.4M |
8季度趋势，按日历期对齐
经营现金流ACLSCSGS
| Q4 25 | $-6.6M | $59.2M | ||
| Q3 25 | $45.4M | $47.9M | ||
| Q2 25 | $39.7M | $37.3M | ||
| Q1 25 | $39.8M | $11.5M | ||
| Q4 24 | $12.8M | $82.5M | ||
| Q3 24 | $45.7M | $39.5M | ||
| Q2 24 | $40.1M | $43.1M | ||
| Q1 24 | $42.2M | $-29.4M |
自由现金流ACLSCSGS
| Q4 25 | $-8.9M | $55.8M | ||
| Q3 25 | $43.3M | $43.9M | ||
| Q2 25 | $37.7M | $34.6M | ||
| Q1 25 | $34.8M | $7.1M | ||
| Q4 24 | $8.1M | $76.6M | ||
| Q3 24 | $41.8M | $32.0M | ||
| Q2 24 | $38.1M | $38.8M | ||
| Q1 24 | $40.6M | $-34.1M |
自由现金流率ACLSCSGS
| Q4 25 | -3.7% | 17.3% | ||
| Q3 25 | 20.3% | 14.5% | ||
| Q2 25 | 19.4% | 11.6% | ||
| Q1 25 | 18.1% | 2.4% | ||
| Q4 24 | 3.2% | 24.2% | ||
| Q3 24 | 16.3% | 10.8% | ||
| Q2 24 | 14.8% | 13.4% | ||
| Q1 24 | 16.1% | -11.6% |
资本支出强度ACLSCSGS
| Q4 25 | 1.0% | 1.1% | ||
| Q3 25 | 0.9% | 1.3% | ||
| Q2 25 | 1.0% | 0.9% | ||
| Q1 25 | 2.6% | 1.5% | ||
| Q4 24 | 1.8% | 1.9% | ||
| Q3 24 | 1.5% | 2.5% | ||
| Q2 24 | 0.8% | 1.5% | ||
| Q1 24 | 0.6% | 1.6% |
现金转化率ACLSCSGS
| Q4 25 | -0.19× | 8.46× | ||
| Q3 25 | 1.75× | 2.34× | ||
| Q2 25 | 1.27× | 3.04× | ||
| Q1 25 | 1.39× | 0.71× | ||
| Q4 24 | 0.26× | 2.39× | ||
| Q3 24 | 0.94× | 2.07× | ||
| Q2 24 | 0.79× | 3.12× | ||
| Q1 24 | 0.82× | -1.51× |
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
ACLS
| Products | $224.6M | 94% |
| Services | $13.7M | 6% |
CSGS
| Software As A Service And Related Solutions | $287.2M | 89% |
| License And Service | $22.6M | 7% |
| Maintenance | $13.3M | 4% |
