vs
AdvanSix Inc.（ASIX）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
AdvanSix Inc.的季度营收约是南玻集团的1.1倍（$359.9M vs $323.1M），南玻集团净利率更高（2.2% vs -0.8%，领先2.9%），AdvanSix Inc.同比增速更快（9.4% vs 2.0%），南玻集团自由现金流更多（$55.8M vs $36.1M），过去两年南玻集团的营收复合增速更高（4.6% vs 3.4%）
AdvanSix Inc.是一家美国化工企业，主营尼龙6以及己内酰胺、硫酸铵肥料等相关化工产品。该公司原为霍尼韦尔旗下树脂与化工事业部，于2016年分拆独立，2019年预估营收达14亿美元，其企业历史可追溯至1884年在宾夕法尼亚州法兰克福成立的H. W. Jayne公司。
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。
ASIX vs CSGS — 直观对比
营收规模更大
ASIX
是对方的1.1倍
$323.1M
营收增速更快
ASIX
高出7.4%
2.0%
净利率更高
CSGS
高出2.9%
-0.8%
自由现金流更多
CSGS
多$19.7M
$36.1M
两年增速更快
CSGS
近两年复合增速
3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $359.9M | $323.1M |
| 净利润 | $-2.8M | $7.0M |
| 毛利率 | 7.6% | 50.0% |
| 营业利润率 | -0.7% | 9.0% |
| 净利率 | -0.8% | 2.2% |
| 营收同比 | 9.4% | 2.0% |
| 净利润同比 | -892.9% | -79.7% |
| 每股收益（稀释后） | $-0.11 | $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ASIXCSGS
| Q4 25 | $359.9M | $323.1M | ||
| Q3 25 | $374.5M | $303.6M | ||
| Q2 25 | $410.0M | $297.1M | ||
| Q1 25 | $377.8M | $299.5M | ||
| Q4 24 | $329.1M | $316.7M | ||
| Q3 24 | $398.2M | $295.1M | ||
| Q2 24 | $453.5M | $290.3M | ||
| Q1 24 | $336.8M | $295.1M |
净利润ASIXCSGS
| Q4 25 | $-2.8M | $7.0M | ||
| Q3 25 | $-2.6M | $20.5M | ||
| Q2 25 | $31.4M | $12.3M | ||
| Q1 25 | $23.3M | $16.1M | ||
| Q4 24 | $352.0K | $34.5M | ||
| Q3 24 | $22.3M | $19.1M | ||
| Q2 24 | $38.9M | $13.8M | ||
| Q1 24 | $-17.4M | $19.5M |
毛利率ASIXCSGS
| Q4 25 | 7.6% | 50.0% | ||
| Q3 25 | 6.8% | 48.1% | ||
| Q2 25 | 14.3% | 49.5% | ||
| Q1 25 | 14.2% | 48.4% | ||
| Q4 24 | 3.4% | 51.3% | ||
| Q3 24 | 14.4% | 49.4% | ||
| Q2 24 | 17.9% | 47.3% | ||
| Q1 24 | 0.9% | 46.5% |
营业利润率ASIXCSGS
| Q4 25 | -0.7% | 9.0% | ||
| Q3 25 | -0.9% | 10.0% | ||
| Q2 25 | 7.7% | 10.0% | ||
| Q1 25 | 7.7% | 9.8% | ||
| Q4 24 | -3.9% | 13.4% | ||
| Q3 24 | 7.5% | 10.8% | ||
| Q2 24 | 11.5% | 8.8% | ||
| Q1 24 | -7.0% | 10.8% |
净利率ASIXCSGS
| Q4 25 | -0.8% | 2.2% | ||
| Q3 25 | -0.7% | 6.7% | ||
| Q2 25 | 7.7% | 4.1% | ||
| Q1 25 | 6.2% | 5.4% | ||
| Q4 24 | 0.1% | 10.9% | ||
| Q3 24 | 5.6% | 6.5% | ||
| Q2 24 | 8.6% | 4.8% | ||
| Q1 24 | -5.2% | 6.6% |
每股收益（稀释后）ASIXCSGS
| Q4 25 | $-0.11 | $0.24 | ||
| Q3 25 | $-0.10 | $0.73 | ||
| Q2 25 | $1.15 | $0.44 | ||
| Q1 25 | $0.86 | $0.57 | ||
| Q4 24 | $0.02 | $1.20 | ||
| Q3 24 | $0.82 | $0.67 | ||
| Q2 24 | $1.43 | $0.48 | ||
| Q1 24 | $-0.65 | $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 | $19.8M | $180.0M |
| 总债务越低越好 | — | $539.5M |
| 股东权益账面价值 | $815.2M | $283.7M |
| 总资产 | $1.7B | $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ASIXCSGS
| Q4 25 | $19.8M | $180.0M | ||
| Q3 25 | $23.7M | $158.4M | ||
| Q2 25 | $18.4M | $145.9M | ||
| Q1 25 | $8.3M | $136.0M | ||
| Q4 24 | $19.6M | $161.8M | ||
| Q3 24 | $17.3M | $118.4M | ||
| Q2 24 | $12.1M | $110.4M | ||
| Q1 24 | $20.6M | $120.8M |
总债务ASIXCSGS
| 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ASIXCSGS
| Q4 25 | $815.2M | $283.7M | ||
| Q3 25 | $818.2M | $289.5M | ||
| Q2 25 | $823.7M | $290.7M | ||
| Q1 25 | $794.4M | $283.1M | ||
| Q4 24 | $774.6M | $282.6M | ||
| Q3 24 | $766.4M | $288.4M | ||
| Q2 24 | $746.6M | $273.3M | ||
| Q1 24 | $713.2M | $269.3M |
总资产ASIXCSGS
| Q4 25 | $1.7B | $1.5B | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.6B | $1.4B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.6B | $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ASIXCSGS
| 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 | $63.7M | $59.2M |
| 自由现金流经营现金流 - 资本支出 | $36.1M | $55.8M |
| 自由现金流率自由现金流/营收 | 10.0% | 17.3% |
| 资本支出强度资本支出/营收 | 7.7% | 1.1% |
| 现金转化率经营现金流/净利润 | — | 8.46× |
| 过去12个月自由现金流最近4个季度 | $6.4M | $141.4M |
8季度趋势，按日历期对齐
经营现金流ASIXCSGS
| Q4 25 | $63.7M | $59.2M | ||
| Q3 25 | $26.6M | $47.9M | ||
| Q2 25 | $21.1M | $37.3M | ||
| Q1 25 | $11.4M | $11.5M | ||
| Q4 24 | $64.2M | $82.5M | ||
| Q3 24 | $57.3M | $39.5M | ||
| Q2 24 | $50.2M | $43.1M | ||
| Q1 24 | $-36.2M | $-29.4M |
自由现金流ASIXCSGS
| Q4 25 | $36.1M | $55.8M | ||
| Q3 25 | $66.0K | $43.9M | ||
| Q2 25 | $-7.2M | $34.6M | ||
| Q1 25 | $-22.6M | $7.1M | ||
| Q4 24 | $29.8M | $76.6M | ||
| Q3 24 | $26.8M | $32.0M | ||
| Q2 24 | $16.7M | $38.8M | ||
| Q1 24 | $-71.6M | $-34.1M |
自由现金流率ASIXCSGS
| Q4 25 | 10.0% | 17.3% | ||
| Q3 25 | 0.0% | 14.5% | ||
| Q2 25 | -1.7% | 11.6% | ||
| Q1 25 | -6.0% | 2.4% | ||
| Q4 24 | 9.1% | 24.2% | ||
| Q3 24 | 6.7% | 10.8% | ||
| Q2 24 | 3.7% | 13.4% | ||
| Q1 24 | -21.3% | -11.6% |
资本支出强度ASIXCSGS
| Q4 25 | 7.7% | 1.1% | ||
| Q3 25 | 7.1% | 1.3% | ||
| Q2 25 | 6.9% | 0.9% | ||
| Q1 25 | 9.0% | 1.5% | ||
| Q4 24 | 10.4% | 1.9% | ||
| Q3 24 | 7.7% | 2.5% | ||
| Q2 24 | 7.4% | 1.5% | ||
| Q1 24 | 10.5% | 1.6% |
现金转化率ASIXCSGS
| Q4 25 | — | 8.46× | ||
| Q3 25 | — | 2.34× | ||
| Q2 25 | 0.67× | 3.04× | ||
| Q1 25 | 0.49× | 0.71× | ||
| Q4 24 | 182.29× | 2.39× | ||
| Q3 24 | 2.57× | 2.07× | ||
| Q2 24 | 1.29× | 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
ASIX
| Plant Nutrients | $140.0M | 39% |
| Chemical Intermediates | $92.8M | 26% |
| Caprolactam | $64.4M | 18% |
| Nylon Resins | $62.8M | 17% |
CSGS
| Software As A Service And Related Solutions | $287.2M | 89% |
| License And Service | $22.6M | 7% |
| Maintenance | $13.3M | 4% |
