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南玻集团（CSGS）与Civeo Corp（CVEO）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Civeo Corp的2.0倍（$323.1M vs $161.6M），南玻集团净利率更高（2.2% vs -4.0%，领先6.2%），Civeo Corp同比增速更快（7.1% vs 2.0%），南玻集团自由现金流更多（$55.8M vs $14.5M），过去两年南玻集团的营收复合增速更高（4.6% vs -1.4%）
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。
希维欧公司（Civeo Corporation）是一家美国住宿服务跨国企业，从石油国家国际公司（Oil States International）拆分而来，目前是在纽约证券交易所挂牌上市的公众公司，主要为能源等行业项目提供人员住宿配套服务解决方案。
CSGS vs CVEO — 直观对比
营收规模更大
CSGS
是对方的2.0倍
$161.6M
营收增速更快
CVEO
高出5.0%
2.0%
净利率更高
CSGS
高出6.2%
-4.0%
自由现金流更多
CSGS
多$41.4M
$14.5M
两年增速更快
CSGS
近两年复合增速
-1.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $161.6M |
| 净利润 | $7.0M | $-6.5M |
| 毛利率 | 50.0% | 22.7% |
| 营业利润率 | 9.0% | -0.1% |
| 净利率 | 2.2% | -4.0% |
| 营收同比 | 2.0% | 7.1% |
| 净利润同比 | -79.7% | 58.1% |
| 每股收益（稀释后） | $0.24 | $-0.58 |
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CSGSCVEO
| Q4 25 | $323.1M | $161.6M | ||
| Q3 25 | $303.6M | $170.5M | ||
| Q2 25 | $297.1M | $162.7M | ||
| Q1 25 | $299.5M | $144.0M | ||
| Q4 24 | $316.7M | $151.0M | ||
| Q3 24 | $295.1M | $176.3M | ||
| Q2 24 | $290.3M | $188.7M | ||
| Q1 24 | $295.1M | $166.1M |
净利润CSGSCVEO
| Q4 25 | $7.0M | $-6.5M | ||
| Q3 25 | $20.5M | $-455.0K | ||
| Q2 25 | $12.3M | $-3.3M | ||
| Q1 25 | $16.1M | $-9.8M | ||
| Q4 24 | $34.5M | $-15.4M | ||
| Q3 24 | $19.1M | $-5.1M | ||
| Q2 24 | $13.8M | $8.2M | ||
| Q1 24 | $19.5M | $-5.1M |
毛利率CSGSCVEO
| Q4 25 | 50.0% | 22.7% | ||
| Q3 25 | 48.1% | 25.7% | ||
| Q2 25 | 49.5% | 25.3% | ||
| Q1 25 | 48.4% | 20.4% | ||
| Q4 24 | 51.3% | 18.6% | ||
| Q3 24 | 49.4% | 21.4% | ||
| Q2 24 | 47.3% | 25.4% | ||
| Q1 24 | 46.5% | 21.5% |
营业利润率CSGSCVEO
| Q4 25 | 9.0% | -0.1% | ||
| Q3 25 | 10.0% | 4.1% | ||
| Q2 25 | 10.0% | 1.7% | ||
| Q1 25 | 9.8% | -3.8% | ||
| Q4 24 | 13.4% | -6.7% | ||
| Q3 24 | 10.8% | 0.0% | ||
| Q2 24 | 8.8% | 6.9% | ||
| Q1 24 | 10.8% | -1.1% |
净利率CSGSCVEO
| Q4 25 | 2.2% | -4.0% | ||
| Q3 25 | 6.7% | -0.3% | ||
| Q2 25 | 4.1% | -2.0% | ||
| Q1 25 | 5.4% | -6.8% | ||
| Q4 24 | 10.9% | -10.2% | ||
| Q3 24 | 6.5% | -2.9% | ||
| Q2 24 | 4.8% | 4.4% | ||
| Q1 24 | 6.6% | -3.1% |
每股收益（稀释后）CSGSCVEO
| Q4 25 | $0.24 | $-0.58 | ||
| Q3 25 | $0.73 | $-0.04 | ||
| Q2 25 | $0.44 | $-0.25 | ||
| Q1 25 | $0.57 | $-0.72 | ||
| Q4 24 | $1.20 | $-1.04 | ||
| Q3 24 | $0.67 | $-0.36 | ||
| Q2 24 | $0.48 | $0.56 | ||
| Q1 24 | $0.68 | $-0.35 |
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 | $180.0M | $14.4M |
| 总债务越低越好 | $539.5M | — |
| 股东权益账面价值 | $283.7M | $174.4M |
| 总资产 | $1.5B | $477.4M |
| 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CSGSCVEO
| Q4 25 | $180.0M | $14.4M | ||
| Q3 25 | $158.4M | $12.0M | ||
| Q2 25 | $145.9M | $14.6M | ||
| Q1 25 | $136.0M | $28.4M | ||
| Q4 24 | $161.8M | $5.2M | ||
| Q3 24 | $118.4M | $17.9M | ||
| Q2 24 | $110.4M | $7.4M | ||
| Q1 24 | $120.8M | $16.8M |
总债务CSGSCVEO
| Q4 25 | $539.5M | — | ||
| Q3 25 | $538.6M | — | ||
| Q2 25 | $537.8M | — | ||
| Q1 25 | $537.6M | — | ||
| Q4 24 | $538.5M | $43.3M | ||
| Q3 24 | $539.5M | — | ||
| Q2 24 | $540.5M | — | ||
| Q1 24 | $541.5M | — |
股东权益CSGSCVEO
| Q4 25 | $283.7M | $174.4M | ||
| Q3 25 | $289.5M | $182.5M | ||
| Q2 25 | $290.7M | $209.4M | ||
| Q1 25 | $283.1M | $220.7M | ||
| Q4 24 | $282.6M | $236.4M | ||
| Q3 24 | $288.4M | $282.2M | ||
| Q2 24 | $273.3M | $297.4M | ||
| Q1 24 | $269.3M | $297.4M |
总资产CSGSCVEO
| Q4 25 | $1.5B | $477.4M | ||
| Q3 25 | $1.5B | $491.1M | ||
| Q2 25 | $1.4B | $508.8M | ||
| Q1 25 | $1.4B | $423.8M | ||
| Q4 24 | $1.5B | $405.1M | ||
| Q3 24 | $1.4B | $477.6M | ||
| Q2 24 | $1.4B | $483.2M | ||
| Q1 24 | $1.3B | $513.1M |
负债/权益比CSGSCVEO
| Q4 25 | 1.90× | — | ||
| Q3 25 | 1.86× | — | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | 1.90× | — | ||
| Q4 24 | 1.91× | 0.18× | ||
| 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 | $59.2M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $14.5M |
| 自由现金流率自由现金流/营收 | 17.3% | 8.9% |
| 资本支出强度资本支出/营收 | 1.1% | 3.0% |
| 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 | $141.4M | $2.1M |
8季度趋势，按日历期对齐
经营现金流CSGSCVEO
| Q4 25 | $59.2M | $19.3M | ||
| Q3 25 | $47.9M | $13.8M | ||
| Q2 25 | $37.3M | $-2.3M | ||
| Q1 25 | $11.5M | $-8.4M | ||
| Q4 24 | $82.5M | $9.5M | ||
| Q3 24 | $39.5M | $35.7M | ||
| Q2 24 | $43.1M | $32.4M | ||
| Q1 24 | $-29.4M | $6.0M |
自由现金流CSGSCVEO
| Q4 25 | $55.8M | $14.5M | ||
| Q3 25 | $43.9M | $8.2M | ||
| Q2 25 | $34.6M | $-6.8M | ||
| Q1 25 | $7.1M | $-13.7M | ||
| Q4 24 | $76.6M | $1.8M | ||
| Q3 24 | $32.0M | $28.2M | ||
| Q2 24 | $38.8M | $27.0M | ||
| Q1 24 | $-34.1M | $372.0K |
自由现金流率CSGSCVEO
| Q4 25 | 17.3% | 8.9% | ||
| Q3 25 | 14.5% | 4.8% | ||
| Q2 25 | 11.6% | -4.2% | ||
| Q1 25 | 2.4% | -9.5% | ||
| Q4 24 | 24.2% | 1.2% | ||
| Q3 24 | 10.8% | 16.0% | ||
| Q2 24 | 13.4% | 14.3% | ||
| Q1 24 | -11.6% | 0.2% |
资本支出强度CSGSCVEO
| Q4 25 | 1.1% | 3.0% | ||
| Q3 25 | 1.3% | 3.3% | ||
| Q2 25 | 0.9% | 2.8% | ||
| Q1 25 | 1.5% | 3.7% | ||
| Q4 24 | 1.9% | 5.1% | ||
| Q3 24 | 2.5% | 4.2% | ||
| Q2 24 | 1.5% | 2.8% | ||
| Q1 24 | 1.6% | 3.4% |
现金转化率CSGSCVEO
| Q4 25 | 8.46× | — | ||
| Q3 25 | 2.34× | — | ||
| Q2 25 | 3.04× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 2.39× | — | ||
| Q3 24 | 2.07× | — | ||
| Q2 24 | 3.12× | 3.93× | ||
| 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
CSGS
| Software As A Service And Related Solutions | $287.2M | 89% |
| License And Service | $22.6M | 7% |
| Maintenance | $13.3M | 4% |
CVEO
暂无分部数据
