vs
南玻集团（CSGS）与Crane NXT, Co.（CXT）财务数据对比。点击上方公司名可切换其他公司
Crane NXT, Co.的季度营收约是南玻集团的1.5倍（$476.9M vs $323.1M），Crane NXT, Co.净利率更高（10.0% vs 2.2%，领先7.8%），Crane NXT, Co.同比增速更快（19.5% vs 2.0%），过去两年Crane NXT, Co.的营收复合增速更高（23.3% vs 4.6%）
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。
Crane NXT是一家总部位于美国康涅狄格州斯坦福德的工业产品企业，由理查德·特勒·克莱恩于1855年创立。曾是美国头部卫浴配件制造商，1990年出售卫浴业务后，自1960年起逐步转型为多元化控股集团，目前核心业务涵盖航空航天与电子、工程材料、流体处理、控制设备四大板块，服务化工等多个行业领域。
CSGS vs CXT — 直观对比
营收规模更大
CXT
是对方的1.5倍
$323.1M
营收增速更快
CXT
高出17.5%
2.0%
净利率更高
CXT
高出7.8%
2.2%
两年增速更快
CXT
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $476.9M |
| 净利润 | $7.0M | $47.5M |
| 毛利率 | 50.0% | 42.4% |
| 营业利润率 | 9.0% | 16.7% |
| 净利率 | 2.2% | 10.0% |
| 营收同比 | 2.0% | 19.5% |
| 净利润同比 | -79.7% | — |
| 每股收益（稀释后） | $0.24 | $0.82 |
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CSGSCXT
| Q4 25 | $323.1M | $476.9M | ||
| Q3 25 | $303.6M | $445.1M | ||
| Q2 25 | $297.1M | $404.4M | ||
| Q1 25 | $299.5M | $330.3M | ||
| Q4 24 | $316.7M | $399.1M | ||
| Q3 24 | $295.1M | $403.5M | ||
| Q2 24 | $290.3M | $370.6M | ||
| Q1 24 | $295.1M | $313.6M |
净利润CSGSCXT
| Q4 25 | $7.0M | $47.5M | ||
| Q3 25 | $20.5M | $50.5M | ||
| Q2 25 | $12.3M | $24.9M | ||
| Q1 25 | $16.1M | $21.7M | ||
| Q4 24 | $34.5M | — | ||
| Q3 24 | $19.1M | $47.1M | ||
| Q2 24 | $13.8M | $41.6M | ||
| Q1 24 | $19.5M | $37.8M |
毛利率CSGSCXT
| Q4 25 | 50.0% | 42.4% | ||
| Q3 25 | 48.1% | 43.3% | ||
| Q2 25 | 49.5% | 41.7% | ||
| Q1 25 | 48.4% | 42.4% | ||
| Q4 24 | 51.3% | 45.2% | ||
| Q3 24 | 49.4% | 42.5% | ||
| Q2 24 | 47.3% | 43.4% | ||
| Q1 24 | 46.5% | 48.6% |
营业利润率CSGSCXT
| Q4 25 | 9.0% | 16.7% | ||
| Q3 25 | 10.0% | 18.4% | ||
| Q2 25 | 10.0% | 11.8% | ||
| Q1 25 | 9.8% | 11.3% | ||
| Q4 24 | 13.4% | 17.7% | ||
| Q3 24 | 10.8% | 18.6% | ||
| Q2 24 | 8.8% | 18.2% | ||
| Q1 24 | 10.8% | 17.7% |
净利率CSGSCXT
| Q4 25 | 2.2% | 10.0% | ||
| Q3 25 | 6.7% | 11.3% | ||
| Q2 25 | 4.1% | 6.2% | ||
| Q1 25 | 5.4% | 6.6% | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 6.5% | 11.7% | ||
| Q2 24 | 4.8% | 11.2% | ||
| Q1 24 | 6.6% | 12.1% |
每股收益（稀释后）CSGSCXT
| Q4 25 | $0.24 | $0.82 | ||
| Q3 25 | $0.73 | $0.87 | ||
| Q2 25 | $0.44 | $0.43 | ||
| Q1 25 | $0.57 | $0.38 | ||
| Q4 24 | $1.20 | $1.00 | ||
| Q3 24 | $0.67 | $0.81 | ||
| Q2 24 | $0.48 | $0.72 | ||
| Q1 24 | $0.68 | $0.66 |
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 | $233.8M |
| 总债务越低越好 | $539.5M | $1.0B |
| 股东权益账面价值 | $283.7M | $1.3B |
| 总资产 | $1.5B | $3.1B |
| 负债/权益比越低杠杆越低 | 1.90× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资CSGSCXT
| Q4 25 | $180.0M | $233.8M | ||
| Q3 25 | $158.4M | $182.4M | ||
| Q2 25 | $145.9M | $152.5M | ||
| Q1 25 | $136.0M | $173.8M | ||
| Q4 24 | $161.8M | $165.8M | ||
| Q3 24 | $118.4M | $165.1M | ||
| Q2 24 | $110.4M | $175.5M | ||
| Q1 24 | $120.8M | $220.6M |
总债务CSGSCXT
| Q4 25 | $539.5M | $1.0B | ||
| Q3 25 | $538.6M | $834.3M | ||
| Q2 25 | $537.8M | $861.8M | ||
| Q1 25 | $537.6M | $541.1M | ||
| Q4 24 | $538.5M | $540.6M | ||
| Q3 24 | $539.5M | $638.2M | ||
| Q2 24 | $540.5M | $638.9M | ||
| Q1 24 | $541.5M | $639.6M |
股东权益CSGSCXT
| Q4 25 | $283.7M | $1.3B | ||
| Q3 25 | $289.5M | $1.2B | ||
| Q2 25 | $290.7M | $1.2B | ||
| Q1 25 | $283.1M | $1.1B | ||
| Q4 24 | $282.6M | $1.1B | ||
| Q3 24 | $288.4M | $1.1B | ||
| Q2 24 | $273.3M | $989.8M | ||
| Q1 24 | $269.3M | $964.1M |
总资产CSGSCXT
| Q4 25 | $1.5B | $3.1B | ||
| Q3 25 | $1.5B | $2.9B | ||
| Q2 25 | $1.4B | $2.9B | ||
| Q1 25 | $1.4B | $2.4B | ||
| Q4 24 | $1.5B | $2.4B | ||
| Q3 24 | $1.4B | $2.4B | ||
| Q2 24 | $1.4B | $2.4B | ||
| Q1 24 | $1.3B | $2.1B |
负债/权益比CSGSCXT
| Q4 25 | 1.90× | 0.80× | ||
| Q3 25 | 1.86× | 0.69× | ||
| Q2 25 | 1.85× | 0.73× | ||
| Q1 25 | 1.90× | 0.49× | ||
| Q4 24 | 1.91× | 0.51× | ||
| Q3 24 | 1.87× | 0.60× | ||
| Q2 24 | 1.98× | 0.65× | ||
| Q1 24 | 2.01× | 0.66× |
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 | $105.8M |
| 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 | 8.46× | 2.23× |
| 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CSGSCXT
| Q4 25 | $59.2M | $105.8M | ||
| Q3 25 | $47.9M | $92.0M | ||
| Q2 25 | $37.3M | $62.8M | ||
| Q1 25 | $11.5M | $-19.1M | ||
| Q4 24 | $82.5M | $81.1M | ||
| Q3 24 | $39.5M | $66.7M | ||
| Q2 24 | $43.1M | $56.8M | ||
| Q1 24 | $-29.4M | $9.5M |
自由现金流CSGSCXT
| Q4 25 | $55.8M | — | ||
| Q3 25 | $43.9M | $78.7M | ||
| Q2 25 | $34.6M | $55.8M | ||
| Q1 25 | $7.1M | $-32.2M | ||
| Q4 24 | $76.6M | — | ||
| Q3 24 | $32.0M | $53.5M | ||
| Q2 24 | $38.8M | $47.9M | ||
| Q1 24 | $-34.1M | $-3.0M |
自由现金流率CSGSCXT
| Q4 25 | 17.3% | — | ||
| Q3 25 | 14.5% | 17.7% | ||
| Q2 25 | 11.6% | 13.8% | ||
| Q1 25 | 2.4% | -9.7% | ||
| Q4 24 | 24.2% | — | ||
| Q3 24 | 10.8% | 13.3% | ||
| Q2 24 | 13.4% | 12.9% | ||
| Q1 24 | -11.6% | -1.0% |
资本支出强度CSGSCXT
| Q4 25 | 1.1% | — | ||
| Q3 25 | 1.3% | 3.0% | ||
| Q2 25 | 0.9% | 1.7% | ||
| Q1 25 | 1.5% | 4.0% | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 2.5% | 3.3% | ||
| Q2 24 | 1.5% | 2.4% | ||
| Q1 24 | 1.6% | 4.0% |
现金转化率CSGSCXT
| Q4 25 | 8.46× | 2.23× | ||
| Q3 25 | 2.34× | 1.82× | ||
| Q2 25 | 3.04× | 2.52× | ||
| Q1 25 | 0.71× | -0.88× | ||
| Q4 24 | 2.39× | — | ||
| Q3 24 | 2.07× | 1.42× | ||
| Q2 24 | 3.12× | 1.37× | ||
| Q1 24 | -1.51× | 0.25× |
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% |
CXT
| Other | $260.9M | 55% |
| Products | $181.1M | 38% |
| Services | $34.9M | 7% |
