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Alliance Laundry Holdings Inc.（ALH）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
Alliance Laundry Holdings Inc.的季度营收约是南玻集团的1.4倍（$437.6M vs $323.1M），Alliance Laundry Holdings Inc.净利率更高（7.5% vs 2.2%，领先5.4%），Alliance Laundry Holdings Inc.同比增速更快（13.9% vs 2.0%），Alliance Laundry Holdings Inc.自由现金流更多（$87.0M vs $55.8M）
联合洗衣控股有限公司是美国商业洗衣系统供应商，旗下拥有Speed Queen、Primus等多个知名品牌，专注于商用及工业洗衣设备的设计、生产与销售，产品覆盖洗衣机、滚筒烘干机、熨烫机等，服务于投币洗衣点、多住户住宅洗衣房、机构洗衣设施及家用洗衣场景，业务遍及全球100多个国家和地区。
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。
ALH vs CSGS — 直观对比
营收规模更大
ALH
是对方的1.4倍
$323.1M
营收增速更快
ALH
高出11.8%
2.0%
净利率更高
ALH
高出5.4%
2.2%
自由现金流更多
ALH
多$31.2M
$55.8M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $437.6M | $323.1M |
| 净利润 | $32.9M | $7.0M |
| 毛利率 | 37.0% | 50.0% |
| 营业利润率 | 19.5% | 9.0% |
| 净利率 | 7.5% | 2.2% |
| 营收同比 | 13.9% | 2.0% |
| 净利润同比 | 620.3% | -79.7% |
| 每股收益（稀释后） | $0.19 | $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ALHCSGS
| Q4 25 | — | $323.1M | ||
| Q3 25 | $437.6M | $303.6M | ||
| Q2 25 | — | $297.1M | ||
| Q1 25 | — | $299.5M | ||
| Q4 24 | — | $316.7M | ||
| Q3 24 | $384.3M | $295.1M | ||
| Q2 24 | — | $290.3M | ||
| Q1 24 | — | $295.1M |
净利润ALHCSGS
| Q4 25 | — | $7.0M | ||
| Q3 25 | $32.9M | $20.5M | ||
| Q2 25 | — | $12.3M | ||
| Q1 25 | — | $16.1M | ||
| Q4 24 | — | $34.5M | ||
| Q3 24 | $-6.3M | $19.1M | ||
| Q2 24 | — | $13.8M | ||
| Q1 24 | — | $19.5M |
毛利率ALHCSGS
| Q4 25 | — | 50.0% | ||
| Q3 25 | 37.0% | 48.1% | ||
| Q2 25 | — | 49.5% | ||
| Q1 25 | — | 48.4% | ||
| Q4 24 | — | 51.3% | ||
| Q3 24 | 37.2% | 49.4% | ||
| Q2 24 | — | 47.3% | ||
| Q1 24 | — | 46.5% |
营业利润率ALHCSGS
| Q4 25 | — | 9.0% | ||
| Q3 25 | 19.5% | 10.0% | ||
| Q2 25 | — | 10.0% | ||
| Q1 25 | — | 9.8% | ||
| Q4 24 | — | 13.4% | ||
| Q3 24 | 18.7% | 10.8% | ||
| Q2 24 | — | 8.8% | ||
| Q1 24 | — | 10.8% |
净利率ALHCSGS
| Q4 25 | — | 2.2% | ||
| Q3 25 | 7.5% | 6.7% | ||
| Q2 25 | — | 4.1% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | 10.9% | ||
| Q3 24 | -1.6% | 6.5% | ||
| Q2 24 | — | 4.8% | ||
| Q1 24 | — | 6.6% |
每股收益（稀释后）ALHCSGS
| Q4 25 | — | $0.24 | ||
| Q3 25 | $0.19 | $0.73 | ||
| Q2 25 | — | $0.44 | ||
| Q1 25 | — | $0.57 | ||
| Q4 24 | — | $1.20 | ||
| Q3 24 | $-0.04 | $0.67 | ||
| Q2 24 | — | $0.48 | ||
| Q1 24 | — | $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 | $136.2M | $180.0M |
| 总债务越低越好 | — | $539.5M |
| 股东权益账面价值 | $-136.4M | $283.7M |
| 总资产 | $2.9B | $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ALHCSGS
| Q4 25 | — | $180.0M | ||
| Q3 25 | $136.2M | $158.4M | ||
| Q2 25 | — | $145.9M | ||
| Q1 25 | — | $136.0M | ||
| Q4 24 | — | $161.8M | ||
| Q3 24 | $128.4M | $118.4M | ||
| Q2 24 | — | $110.4M | ||
| Q1 24 | — | $120.8M |
总债务ALHCSGS
| 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ALHCSGS
| Q4 25 | — | $283.7M | ||
| Q3 25 | $-136.4M | $289.5M | ||
| Q2 25 | — | $290.7M | ||
| Q1 25 | — | $283.1M | ||
| Q4 24 | — | $282.6M | ||
| Q3 24 | $-284.6M | $288.4M | ||
| Q2 24 | — | $273.3M | ||
| Q1 24 | — | $269.3M |
总资产ALHCSGS
| Q4 25 | — | $1.5B | ||
| Q3 25 | $2.9B | $1.5B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.3B |
负债/权益比ALHCSGS
| 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 | $116.8M | $59.2M |
| 自由现金流经营现金流 - 资本支出 | $87.0M | $55.8M |
| 自由现金流率自由现金流/营收 | 19.9% | 17.3% |
| 资本支出强度资本支出/营收 | 6.8% | 1.1% |
| 现金转化率经营现金流/净利润 | 3.55× | 8.46× |
| 过去12个月自由现金流最近4个季度 | — | $141.4M |
8季度趋势，按日历期对齐
经营现金流ALHCSGS
| Q4 25 | — | $59.2M | ||
| Q3 25 | $116.8M | $47.9M | ||
| Q2 25 | — | $37.3M | ||
| Q1 25 | — | $11.5M | ||
| Q4 24 | — | $82.5M | ||
| Q3 24 | — | $39.5M | ||
| Q2 24 | — | $43.1M | ||
| Q1 24 | — | $-29.4M |
自由现金流ALHCSGS
| Q4 25 | — | $55.8M | ||
| Q3 25 | $87.0M | $43.9M | ||
| Q2 25 | — | $34.6M | ||
| Q1 25 | — | $7.1M | ||
| Q4 24 | — | $76.6M | ||
| Q3 24 | — | $32.0M | ||
| Q2 24 | — | $38.8M | ||
| Q1 24 | — | $-34.1M |
自由现金流率ALHCSGS
| Q4 25 | — | 17.3% | ||
| Q3 25 | 19.9% | 14.5% | ||
| Q2 25 | — | 11.6% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 24.2% | ||
| Q3 24 | — | 10.8% | ||
| Q2 24 | — | 13.4% | ||
| Q1 24 | — | -11.6% |
资本支出强度ALHCSGS
| Q4 25 | — | 1.1% | ||
| Q3 25 | 6.8% | 1.3% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 1.6% |
现金转化率ALHCSGS
| Q4 25 | — | 8.46× | ||
| Q3 25 | 3.55× | 2.34× | ||
| Q2 25 | — | 3.04× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 2.39× | ||
| Q3 24 | — | 2.07× | ||
| Q2 24 | — | 3.12× | ||
| Q1 24 | — | -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
ALH
| Equipment Product Or Service | $275.7M | 63% |
| Other | $106.8M | 24% |
| Service Parts | $33.1M | 8% |
| Equipment Financing | $12.6M | 3% |
CSGS
| Software As A Service And Related Solutions | $287.2M | 89% |
| License And Service | $22.6M | 7% |
| Maintenance | $13.3M | 4% |
