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ALAMO GROUP INC（ALG）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
ALAMO GROUP INC的季度营收约是南玻集团的1.2倍（$373.6M vs $323.1M），ALAMO GROUP INC净利率更高（4.2% vs 2.2%，领先2.0%），南玻集团同比增速更快（2.0% vs -3.0%），ALAMO GROUP INC自由现金流更多（$69.9M vs $55.8M），过去两年南玻集团的营收复合增速更高（4.6% vs -6.3%）
Alamo Drafthouse Cinema是1997年在美国得克萨斯州奥斯汀成立的连锁影院品牌，主打观影期间提供餐食与饮品服务，同时严格要求观众遵守观影礼仪，2024年6月该连锁品牌被索尼影视体验部门收购。
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。
ALG vs CSGS — 直观对比
营收规模更大
ALG
是对方的1.2倍
$323.1M
营收增速更快
CSGS
高出5.1%
-3.0%
净利率更高
ALG
高出2.0%
2.2%
自由现金流更多
ALG
多$14.1M
$55.8M
两年增速更快
CSGS
近两年复合增速
-6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $373.6M | $323.1M |
| 净利润 | $15.5M | $7.0M |
| 毛利率 | 22.7% | 50.0% |
| 营业利润率 | 6.0% | 9.0% |
| 净利率 | 4.2% | 2.2% |
| 营收同比 | -3.0% | 2.0% |
| 净利润同比 | -44.8% | -79.7% |
| 每股收益（稀释后） | $1.28 | $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ALGCSGS
| Q4 25 | $373.6M | $323.1M | ||
| Q3 25 | $420.0M | $303.6M | ||
| Q2 25 | $419.1M | $297.1M | ||
| Q1 25 | $390.9M | $299.5M | ||
| Q4 24 | $385.3M | $316.7M | ||
| Q3 24 | $401.3M | $295.1M | ||
| Q2 24 | $416.3M | $290.3M | ||
| Q1 24 | $425.6M | $295.1M |
净利润ALGCSGS
| Q4 25 | $15.5M | $7.0M | ||
| Q3 25 | $25.4M | $20.5M | ||
| Q2 25 | $31.1M | $12.3M | ||
| Q1 25 | $31.8M | $16.1M | ||
| Q4 24 | $28.1M | $34.5M | ||
| Q3 24 | $27.4M | $19.1M | ||
| Q2 24 | $28.3M | $13.8M | ||
| Q1 24 | $32.1M | $19.5M |
毛利率ALGCSGS
| Q4 25 | 22.7% | 50.0% | ||
| Q3 25 | 24.2% | 48.1% | ||
| Q2 25 | 25.8% | 49.5% | ||
| Q1 25 | 26.3% | 48.4% | ||
| Q4 24 | 23.8% | 51.3% | ||
| Q3 24 | 25.1% | 49.4% | ||
| Q2 24 | 26.0% | 47.3% | ||
| Q1 24 | 26.2% | 46.5% |
营业利润率ALGCSGS
| Q4 25 | 6.0% | 9.0% | ||
| Q3 25 | 8.9% | 10.0% | ||
| Q2 25 | 11.2% | 10.0% | ||
| Q1 25 | 11.4% | 9.8% | ||
| Q4 24 | 8.9% | 13.4% | ||
| Q3 24 | 10.0% | 10.8% | ||
| Q2 24 | 10.4% | 8.8% | ||
| Q1 24 | 11.0% | 10.8% |
净利率ALGCSGS
| Q4 25 | 4.2% | 2.2% | ||
| Q3 25 | 6.0% | 6.7% | ||
| Q2 25 | 7.4% | 4.1% | ||
| Q1 25 | 8.1% | 5.4% | ||
| Q4 24 | 7.3% | 10.9% | ||
| Q3 24 | 6.8% | 6.5% | ||
| Q2 24 | 6.8% | 4.8% | ||
| Q1 24 | 7.5% | 6.6% |
每股收益（稀释后）ALGCSGS
| Q4 25 | $1.28 | $0.24 | ||
| Q3 25 | $2.10 | $0.73 | ||
| Q2 25 | $2.57 | $0.44 | ||
| Q1 25 | $2.64 | $0.57 | ||
| Q4 24 | $2.33 | $1.20 | ||
| Q3 24 | $2.28 | $0.67 | ||
| Q2 24 | $2.35 | $0.48 | ||
| Q1 24 | $2.67 | $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 | $309.7M | $180.0M |
| 总债务越低越好 | $190.7M | $539.5M |
| 股东权益账面价值 | $1.1B | $283.7M |
| 总资产 | $1.6B | $1.5B |
| 负债/权益比越低杠杆越低 | 0.17× | 1.90× |
8季度趋势，按日历期对齐
现金及短期投资ALGCSGS
| Q4 25 | $309.7M | $180.0M | ||
| Q3 25 | $244.8M | $158.4M | ||
| Q2 25 | $201.8M | $145.9M | ||
| Q1 25 | $200.3M | $136.0M | ||
| Q4 24 | $197.3M | $161.8M | ||
| Q3 24 | $140.0M | $118.4M | ||
| Q2 24 | $118.5M | $110.4M | ||
| Q1 24 | $121.8M | $120.8M |
总债务ALGCSGS
| Q4 25 | $190.7M | $539.5M | ||
| Q3 25 | $194.4M | $538.6M | ||
| Q2 25 | $198.1M | $537.8M | ||
| Q1 25 | $201.8M | $537.6M | ||
| Q4 24 | $205.5M | $538.5M | ||
| Q3 24 | $209.2M | $539.5M | ||
| Q2 24 | $278.6M | $540.5M | ||
| Q1 24 | $306.5M | $541.5M |
股东权益ALGCSGS
| Q4 25 | $1.1B | $283.7M | ||
| Q3 25 | $1.1B | $289.5M | ||
| Q2 25 | $1.1B | $290.7M | ||
| Q1 25 | $1.1B | $283.1M | ||
| Q4 24 | $1.0B | $282.6M | ||
| Q3 24 | $1.0B | $288.4M | ||
| Q2 24 | $979.7M | $273.3M | ||
| Q1 24 | $956.6M | $269.3M |
总资产ALGCSGS
| Q4 25 | $1.6B | $1.5B | ||
| Q3 25 | $1.6B | $1.5B | ||
| Q2 25 | $1.6B | $1.4B | ||
| Q1 25 | $1.5B | $1.4B | ||
| Q4 24 | $1.5B | $1.5B | ||
| Q3 24 | $1.5B | $1.4B | ||
| Q2 24 | $1.5B | $1.4B | ||
| Q1 24 | $1.5B | $1.3B |
负债/权益比ALGCSGS
| Q4 25 | 0.17× | 1.90× | ||
| Q3 25 | 0.17× | 1.86× | ||
| Q2 25 | 0.18× | 1.85× | ||
| Q1 25 | 0.19× | 1.90× | ||
| Q4 24 | 0.20× | 1.91× | ||
| Q3 24 | 0.21× | 1.87× | ||
| Q2 24 | 0.28× | 1.98× | ||
| Q1 24 | 0.32× | 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 | $75.1M | $59.2M |
| 自由现金流经营现金流 - 资本支出 | $69.9M | $55.8M |
| 自由现金流率自由现金流/营收 | 18.7% | 17.3% |
| 资本支出强度资本支出/营收 | 1.4% | 1.1% |
| 现金转化率经营现金流/净利润 | 4.84× | 8.46× |
| 过去12个月自由现金流最近4个季度 | $146.9M | $141.4M |
8季度趋势，按日历期对齐
经营现金流ALGCSGS
| Q4 25 | $75.1M | $59.2M | ||
| Q3 25 | $65.5M | $47.9M | ||
| Q2 25 | $22.7M | $37.3M | ||
| Q1 25 | $14.2M | $11.5M | ||
| Q4 24 | $79.1M | $82.5M | ||
| Q3 24 | $96.3M | $39.5M | ||
| Q2 24 | $33.2M | $43.1M | ||
| Q1 24 | $1.1M | $-29.4M |
自由现金流ALGCSGS
| Q4 25 | $69.9M | $55.8M | ||
| Q3 25 | $53.1M | $43.9M | ||
| Q2 25 | $15.7M | $34.6M | ||
| Q1 25 | $8.2M | $7.1M | ||
| Q4 24 | $73.1M | $76.6M | ||
| Q3 24 | $88.4M | $32.0M | ||
| Q2 24 | $28.8M | $38.8M | ||
| Q1 24 | $-5.5M | $-34.1M |
自由现金流率ALGCSGS
| Q4 25 | 18.7% | 17.3% | ||
| Q3 25 | 12.6% | 14.5% | ||
| Q2 25 | 3.8% | 11.6% | ||
| Q1 25 | 2.1% | 2.4% | ||
| Q4 24 | 19.0% | 24.2% | ||
| Q3 24 | 22.0% | 10.8% | ||
| Q2 24 | 6.9% | 13.4% | ||
| Q1 24 | -1.3% | -11.6% |
资本支出强度ALGCSGS
| Q4 25 | 1.4% | 1.1% | ||
| Q3 25 | 3.0% | 1.3% | ||
| Q2 25 | 1.7% | 0.9% | ||
| Q1 25 | 1.5% | 1.5% | ||
| Q4 24 | 1.6% | 1.9% | ||
| Q3 24 | 2.0% | 2.5% | ||
| Q2 24 | 1.1% | 1.5% | ||
| Q1 24 | 1.6% | 1.6% |
现金转化率ALGCSGS
| Q4 25 | 4.84× | 8.46× | ||
| Q3 25 | 2.58× | 2.34× | ||
| Q2 25 | 0.73× | 3.04× | ||
| Q1 25 | 0.45× | 0.71× | ||
| Q4 24 | 2.82× | 2.39× | ||
| Q3 24 | 3.51× | 2.07× | ||
| Q2 24 | 1.17× | 3.12× | ||
| Q1 24 | 0.03× | -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
ALG
| Wholegood Units | $293.2M | 78% |
| Parts | $61.6M | 16% |
| Other Revenue | $18.9M | 5% |
CSGS
| Software As A Service And Related Solutions | $287.2M | 89% |
| License And Service | $22.6M | 7% |
| Maintenance | $13.3M | 4% |
