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COLLEGIUM PHARMACEUTICAL, INC（COLL）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COLLEGIUM PHARMACEUTICAL, INC的1.6倍（$323.1M vs $205.4M），COLLEGIUM PHARMACEUTICAL, INC净利率更高（8.3% vs 2.2%，领先6.1%），COLLEGIUM PHARMACEUTICAL, INC同比增速更快（12.9% vs 2.0%），COLLEGIUM PHARMACEUTICAL, INC自由现金流更多（$122.4M vs $55.8M），过去两年COLLEGIUM PHARMACEUTICAL, INC的营收复合增速更高（19.1% vs 4.6%）
Collegium制药是一家专科制药企业，专注于研发和商业化具备滥用威慑特性的创新疼痛管理疗法，主要面向美国市场，推出适用于慢性疼痛患者的缓释镇痛产品，服务覆盖基层及专科医疗领域的医护人员。
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。
COLL vs CSGS — 直观对比
营收规模更大
CSGS
是对方的1.6倍
$205.4M
营收增速更快
COLL
高出10.9%
2.0%
净利率更高
COLL
高出6.1%
2.2%
自由现金流更多
COLL
多$66.6M
$55.8M
两年增速更快
COLL
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $205.4M | $323.1M |
| 净利润 | $17.0M | $7.0M |
| 毛利率 | 62.5% | 50.0% |
| 营业利润率 | 29.6% | 9.0% |
| 净利率 | 8.3% | 2.2% |
| 营收同比 | 12.9% | 2.0% |
| 净利润同比 | 35.3% | -79.7% |
| 每股收益（稀释后） | $0.48 | $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COLLCSGS
| Q4 25 | $205.4M | $323.1M | ||
| Q3 25 | $209.4M | $303.6M | ||
| Q2 25 | $188.0M | $297.1M | ||
| Q1 25 | $177.8M | $299.5M | ||
| Q4 24 | $181.9M | $316.7M | ||
| Q3 24 | $159.3M | $295.1M | ||
| Q2 24 | $145.3M | $290.3M | ||
| Q1 24 | $144.9M | $295.1M |
净利润COLLCSGS
| Q4 25 | $17.0M | $7.0M | ||
| Q3 25 | $31.5M | $20.5M | ||
| Q2 25 | $12.0M | $12.3M | ||
| Q1 25 | $2.4M | $16.1M | ||
| Q4 24 | $12.5M | $34.5M | ||
| Q3 24 | $9.3M | $19.1M | ||
| Q2 24 | $19.6M | $13.8M | ||
| Q1 24 | $27.7M | $19.5M |
毛利率COLLCSGS
| Q4 25 | 62.5% | 50.0% | ||
| Q3 25 | 61.7% | 48.1% | ||
| Q2 25 | 57.7% | 49.5% | ||
| Q1 25 | 54.8% | 48.4% | ||
| Q4 24 | 54.0% | 51.3% | ||
| Q3 24 | 60.8% | 49.4% | ||
| Q2 24 | 62.5% | 47.3% | ||
| Q1 24 | 63.1% | 46.5% |
营业利润率COLLCSGS
| Q4 25 | 29.6% | 9.0% | ||
| Q3 25 | 29.7% | 10.0% | ||
| Q2 25 | 18.7% | 10.0% | ||
| Q1 25 | 12.2% | 9.8% | ||
| Q4 24 | 20.9% | 13.4% | ||
| Q3 24 | 21.9% | 10.8% | ||
| Q2 24 | 32.7% | 8.8% | ||
| Q1 24 | 34.1% | 10.8% |
净利率COLLCSGS
| Q4 25 | 8.3% | 2.2% | ||
| Q3 25 | 15.0% | 6.7% | ||
| Q2 25 | 6.4% | 4.1% | ||
| Q1 25 | 1.4% | 5.4% | ||
| Q4 24 | 6.9% | 10.9% | ||
| Q3 24 | 5.9% | 6.5% | ||
| Q2 24 | 13.5% | 4.8% | ||
| Q1 24 | 19.1% | 6.6% |
每股收益（稀释后）COLLCSGS
| Q4 25 | $0.48 | $0.24 | ||
| Q3 25 | $0.84 | $0.73 | ||
| Q2 25 | $0.34 | $0.44 | ||
| Q1 25 | $0.07 | $0.57 | ||
| Q4 24 | $0.36 | $1.20 | ||
| Q3 24 | $0.27 | $0.67 | ||
| Q2 24 | $0.52 | $0.48 | ||
| Q1 24 | $0.71 | $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 | $386.7M | $180.0M |
| 总债务越低越好 | — | $539.5M |
| 股东权益账面价值 | $301.7M | $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COLLCSGS
| Q4 25 | $386.7M | $180.0M | ||
| Q3 25 | $285.9M | $158.4M | ||
| Q2 25 | $222.2M | $145.9M | ||
| Q1 25 | $197.8M | $136.0M | ||
| Q4 24 | $162.8M | $161.8M | ||
| Q3 24 | $120.0M | $118.4M | ||
| Q2 24 | $271.6M | $110.4M | ||
| Q1 24 | $318.0M | $120.8M |
总债务COLLCSGS
| 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COLLCSGS
| Q4 25 | $301.7M | $283.7M | ||
| Q3 25 | $274.8M | $289.5M | ||
| Q2 25 | $232.2M | $290.7M | ||
| Q1 25 | $234.4M | $283.1M | ||
| Q4 24 | $228.8M | $282.6M | ||
| Q3 24 | $234.3M | $288.4M | ||
| Q2 24 | $216.6M | $273.3M | ||
| Q1 24 | $222.2M | $269.3M |
总资产COLLCSGS
| Q4 25 | $1.7B | $1.5B | ||
| Q3 25 | $1.6B | $1.5B | ||
| Q2 25 | $1.6B | $1.4B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.7B | $1.5B | ||
| Q3 24 | $1.6B | $1.4B | ||
| Q2 24 | $1.1B | $1.4B | ||
| Q1 24 | $1.1B | $1.3B |
负债/权益比COLLCSGS
| 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 | $123.0M | $59.2M |
| 自由现金流经营现金流 - 资本支出 | $122.4M | $55.8M |
| 自由现金流率自由现金流/营收 | 59.6% | 17.3% |
| 资本支出强度资本支出/营收 | 0.3% | 1.1% |
| 现金转化率经营现金流/净利润 | 7.25× | 8.46× |
| 过去12个月自由现金流最近4个季度 | $327.6M | $141.4M |
8季度趋势，按日历期对齐
经营现金流COLLCSGS
| Q4 25 | $123.0M | $59.2M | ||
| Q3 25 | $78.4M | $47.9M | ||
| Q2 25 | $72.4M | $37.3M | ||
| Q1 25 | $55.4M | $11.5M | ||
| Q4 24 | $84.6M | $82.5M | ||
| Q3 24 | $-9.0M | $39.5M | ||
| Q2 24 | $67.4M | $43.1M | ||
| Q1 24 | $61.9M | $-29.4M |
自由现金流COLLCSGS
| Q4 25 | $122.4M | $55.8M | ||
| Q3 25 | $78.3M | $43.9M | ||
| Q2 25 | $72.4M | $34.6M | ||
| Q1 25 | $54.6M | $7.1M | ||
| Q4 24 | $84.1M | $76.6M | ||
| Q3 24 | $-9.2M | $32.0M | ||
| Q2 24 | $67.1M | $38.8M | ||
| Q1 24 | $61.4M | $-34.1M |
自由现金流率COLLCSGS
| Q4 25 | 59.6% | 17.3% | ||
| Q3 25 | 37.4% | 14.5% | ||
| Q2 25 | 38.5% | 11.6% | ||
| Q1 25 | 30.7% | 2.4% | ||
| Q4 24 | 46.2% | 24.2% | ||
| Q3 24 | -5.8% | 10.8% | ||
| Q2 24 | 46.2% | 13.4% | ||
| Q1 24 | 42.3% | -11.6% |
资本支出强度COLLCSGS
| Q4 25 | 0.3% | 1.1% | ||
| Q3 25 | 0.1% | 1.3% | ||
| Q2 25 | 0.0% | 0.9% | ||
| Q1 25 | 0.4% | 1.5% | ||
| Q4 24 | 0.3% | 1.9% | ||
| Q3 24 | 0.2% | 2.5% | ||
| Q2 24 | 0.2% | 1.5% | ||
| Q1 24 | 0.4% | 1.6% |
现金转化率COLLCSGS
| Q4 25 | 7.25× | 8.46× | ||
| Q3 25 | 2.49× | 2.34× | ||
| Q2 25 | 6.05× | 3.04× | ||
| Q1 25 | 22.92× | 0.71× | ||
| Q4 24 | 6.75× | 2.39× | ||
| Q3 24 | -0.96× | 2.07× | ||
| Q2 24 | 3.44× | 3.12× | ||
| Q1 24 | 2.23× | -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
COLL
暂无分部数据
CSGS
| Software As A Service And Related Solutions | $287.2M | 89% |
| License And Service | $22.6M | 7% |
| Maintenance | $13.3M | 4% |
