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Borr Drilling Ltd（BORR）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Borr Drilling Ltd的1.2倍（$323.1M vs $267.7M），Borr Drilling Ltd净利率更高（13.1% vs 2.2%，领先10.9%），南玻集团同比增速更快（2.0% vs -1.5%）
Borr Drilling Ltd是一家全球化海上钻井承包商，拥有并运营现代化高规格自升式钻井平台，为油气勘探及生产企业提供钻井服务，核心业务覆盖北海、东南亚、中东及西非区域，服务于浅水及边际油田开发项目。
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。
BORR vs CSGS — 直观对比
营收规模更大
CSGS
是对方的1.2倍
$267.7M
营收增速更快
CSGS
高出3.6%
-1.5%
净利率更高
BORR
高出10.9%
2.2%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $267.7M | $323.1M |
| 净利润 | $35.1M | $7.0M |
| 毛利率 | — | 50.0% |
| 营业利润率 | 36.0% | 9.0% |
| 净利率 | 13.1% | 2.2% |
| 营收同比 | -1.5% | 2.0% |
| 净利润同比 | 10.7% | -79.7% |
| 每股收益（稀释后） | $0.14 | $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BORRCSGS
| Q4 25 | — | $323.1M | ||
| Q3 25 | — | $303.6M | ||
| Q2 25 | $267.7M | $297.1M | ||
| Q1 25 | — | $299.5M | ||
| Q4 24 | — | $316.7M | ||
| Q3 24 | — | $295.1M | ||
| Q2 24 | $271.9M | $290.3M | ||
| Q1 24 | — | $295.1M |
净利润BORRCSGS
| Q4 25 | — | $7.0M | ||
| Q3 25 | — | $20.5M | ||
| Q2 25 | $35.1M | $12.3M | ||
| Q1 25 | — | $16.1M | ||
| Q4 24 | — | $34.5M | ||
| Q3 24 | — | $19.1M | ||
| Q2 24 | $31.7M | $13.8M | ||
| Q1 24 | — | $19.5M |
毛利率BORRCSGS
| Q4 25 | — | 50.0% | ||
| Q3 25 | — | 48.1% | ||
| Q2 25 | — | 49.5% | ||
| Q1 25 | — | 48.4% | ||
| Q4 24 | — | 51.3% | ||
| Q3 24 | — | 49.4% | ||
| Q2 24 | — | 47.3% | ||
| Q1 24 | — | 46.5% |
营业利润率BORRCSGS
| Q4 25 | — | 9.0% | ||
| Q3 25 | — | 10.0% | ||
| Q2 25 | 36.0% | 10.0% | ||
| Q1 25 | — | 9.8% | ||
| Q4 24 | — | 13.4% | ||
| Q3 24 | — | 10.8% | ||
| Q2 24 | 38.4% | 8.8% | ||
| Q1 24 | — | 10.8% |
净利率BORRCSGS
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | 13.1% | 4.1% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | 10.9% | ||
| Q3 24 | — | 6.5% | ||
| Q2 24 | 11.7% | 4.8% | ||
| Q1 24 | — | 6.6% |
每股收益（稀释后）BORRCSGS
| Q4 25 | — | $0.24 | ||
| Q3 25 | — | $0.73 | ||
| Q2 25 | $0.14 | $0.44 | ||
| Q1 25 | — | $0.57 | ||
| Q4 24 | — | $1.20 | ||
| Q3 24 | — | $0.67 | ||
| Q2 24 | $0.12 | $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 | $92.4M | $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 | $3.4B | $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BORRCSGS
| Q4 25 | — | $180.0M | ||
| Q3 25 | — | $158.4M | ||
| Q2 25 | $92.4M | $145.9M | ||
| Q1 25 | — | $136.0M | ||
| Q4 24 | — | $161.8M | ||
| Q3 24 | — | $118.4M | ||
| Q2 24 | $195.3M | $110.4M | ||
| Q1 24 | — | $120.8M |
总债务BORRCSGS
| 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BORRCSGS
| Q4 25 | — | $283.7M | ||
| Q3 25 | — | $289.5M | ||
| Q2 25 | $1.0B | $290.7M | ||
| Q1 25 | — | $283.1M | ||
| Q4 24 | — | $282.6M | ||
| Q3 24 | — | $288.4M | ||
| Q2 24 | $999.2M | $273.3M | ||
| Q1 24 | — | $269.3M |
总资产BORRCSGS
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | $3.4B | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | $3.2B | $1.4B | ||
| Q1 24 | — | $1.3B |
负债/权益比BORRCSGS
| 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 | $6.3M | $59.2M |
| 自由现金流经营现金流 - 资本支出 | — | $55.8M |
| 自由现金流率自由现金流/营收 | — | 17.3% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | 0.18× | 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BORRCSGS
| Q4 25 | — | $59.2M | ||
| Q3 25 | — | $47.9M | ||
| Q2 25 | $6.3M | $37.3M | ||
| Q1 25 | — | $11.5M | ||
| Q4 24 | — | $82.5M | ||
| Q3 24 | — | $39.5M | ||
| Q2 24 | $16.0M | $43.1M | ||
| Q1 24 | — | $-29.4M |
自由现金流BORRCSGS
| Q4 25 | — | $55.8M | ||
| Q3 25 | — | $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BORRCSGS
| Q4 25 | — | 17.3% | ||
| Q3 25 | — | 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BORRCSGS
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 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BORRCSGS
| Q4 25 | — | 8.46× | ||
| Q3 25 | — | 2.34× | ||
| Q2 25 | 0.18× | 3.04× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 2.39× | ||
| Q3 24 | — | 2.07× | ||
| Q2 24 | 0.50× | 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
BORR
| Transferred Over Time | $256.6M | 96% |
| Transferred At Point In Time | $11.1M | 4% |
CSGS
| Software As A Service And Related Solutions | $287.2M | 89% |
| License And Service | $22.6M | 7% |
| Maintenance | $13.3M | 4% |
