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南玻集团（CSGS）与Enovis CORP（ENOV）财务数据对比。点击上方公司名可切换其他公司
Enovis CORP的季度营收约是南玻集团的1.8倍（$589.2M vs $323.1M），南玻集团净利率更高（2.2% vs -1.4%，领先3.6%），Enovis CORP同比增速更快（5.4% vs 2.0%），过去两年Enovis CORP的营收复合增速更高（5.9% 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。
Enovis是一家专注于骨科领域的医疗科技企业，其前身是1995年由米切尔·雷尔斯和史蒂文·雷尔斯兄弟创立的科尔法克斯公司。公司总部位于特拉华州威尔明顿，目前在全球12个地点开展业务，拥有超过5000名员工，于纽约证券交易所上市，股票代码为ENOV。
CSGS vs ENOV — 直观对比
营收规模更大
ENOV
是对方的1.8倍
$323.1M
营收增速更快
ENOV
高出3.4%
2.0%
净利率更高
CSGS
高出3.6%
-1.4%
两年增速更快
ENOV
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $589.2M |
| 净利润 | $7.0M | $-8.4M |
| 毛利率 | 50.0% | 62.0% |
| 营业利润率 | 9.0% | — |
| 净利率 | 2.2% | -1.4% |
| 营收同比 | 2.0% | 5.4% |
| 净利润同比 | -79.7% | — |
| 每股收益（稀释后） | $0.24 | $-0.15 |
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CSGSENOV
| Q1 26 | — | $589.2M | ||
| Q4 25 | $323.1M | $548.9M | ||
| Q3 25 | $303.6M | $564.5M | ||
| Q2 25 | $297.1M | $558.8M | ||
| Q1 25 | $299.5M | — | ||
| Q4 24 | $316.7M | $561.0M | ||
| Q3 24 | $295.1M | $505.2M | ||
| Q2 24 | $290.3M | $525.2M |
净利润CSGSENOV
| Q1 26 | — | $-8.4M | ||
| Q4 25 | $7.0M | $-571.1M | ||
| Q3 25 | $20.5M | $-36.7M | ||
| Q2 25 | $12.3M | $-56.0M | ||
| Q1 25 | $16.1M | — | ||
| Q4 24 | $34.5M | $-703.2M | ||
| Q3 24 | $19.1M | $-31.5M | ||
| Q2 24 | $13.8M | $-18.6M |
毛利率CSGSENOV
| Q1 26 | — | 62.0% | ||
| Q4 25 | 50.0% | 59.9% | ||
| Q3 25 | 48.1% | 59.3% | ||
| Q2 25 | 49.5% | 59.5% | ||
| Q1 25 | 48.4% | — | ||
| Q4 24 | 51.3% | 54.8% | ||
| Q3 24 | 49.4% | 56.7% | ||
| Q2 24 | 47.3% | 55.0% |
营业利润率CSGSENOV
| Q1 26 | — | — | ||
| Q4 25 | 9.0% | -101.7% | ||
| Q3 25 | 10.0% | -3.0% | ||
| Q2 25 | 10.0% | -8.4% | ||
| Q1 25 | 9.8% | — | ||
| Q4 24 | 13.4% | -118.5% | ||
| Q3 24 | 10.8% | -6.3% | ||
| Q2 24 | 8.8% | -8.4% |
净利率CSGSENOV
| Q1 26 | — | -1.4% | ||
| Q4 25 | 2.2% | -104.1% | ||
| Q3 25 | 6.7% | -6.5% | ||
| Q2 25 | 4.1% | -10.0% | ||
| Q1 25 | 5.4% | — | ||
| Q4 24 | 10.9% | -125.4% | ||
| Q3 24 | 6.5% | -6.2% | ||
| Q2 24 | 4.8% | -3.5% |
每股收益（稀释后）CSGSENOV
| Q1 26 | — | $-0.15 | ||
| Q4 25 | $0.24 | $-9.99 | ||
| Q3 25 | $0.73 | $-0.64 | ||
| Q2 25 | $0.44 | $-0.98 | ||
| Q1 25 | $0.57 | — | ||
| Q4 24 | $1.20 | $-12.69 | ||
| Q3 24 | $0.67 | $-0.58 | ||
| Q2 24 | $0.48 | $-0.34 |
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 | $33.1M |
| 总债务越低越好 | $539.5M | $1.3B |
| 股东权益账面价值 | $283.7M | $1.5B |
| 总资产 | $1.5B | $3.8B |
| 负债/权益比越低杠杆越低 | 1.90× | 0.90× |
8季度趋势，按日历期对齐
现金及短期投资CSGSENOV
| Q1 26 | — | $33.1M | ||
| Q4 25 | $180.0M | $33.6M | ||
| Q3 25 | $158.4M | $44.1M | ||
| Q2 25 | $145.9M | $38.5M | ||
| Q1 25 | $136.0M | — | ||
| Q4 24 | $161.8M | $48.2M | ||
| Q3 24 | $118.4M | $35.4M | ||
| Q2 24 | $110.4M | $35.0M |
总债务CSGSENOV
| Q1 26 | — | $1.3B | ||
| Q4 25 | $539.5M | $1.4B | ||
| Q3 25 | $538.6M | $1.4B | ||
| Q2 25 | $537.8M | $1.4B | ||
| Q1 25 | $537.6M | — | ||
| Q4 24 | $538.5M | $1.3B | ||
| Q3 24 | $539.5M | $1.3B | ||
| Q2 24 | $540.5M | $1.3B |
股东权益CSGSENOV
| Q1 26 | — | $1.5B | ||
| Q4 25 | $283.7M | $2.0B | ||
| Q3 25 | $289.5M | $2.6B | ||
| Q2 25 | $290.7M | $2.6B | ||
| Q1 25 | $283.1M | — | ||
| Q4 24 | $282.6M | $2.6B | ||
| Q3 24 | $288.4M | $3.3B | ||
| Q2 24 | $273.3M | $3.3B |
总资产CSGSENOV
| Q1 26 | — | $3.8B | ||
| Q4 25 | $1.5B | $4.4B | ||
| Q3 25 | $1.5B | $5.0B | ||
| Q2 25 | $1.4B | $4.9B | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.5B | $4.7B | ||
| Q3 24 | $1.4B | $5.6B | ||
| Q2 24 | $1.4B | $5.4B |
负债/权益比CSGSENOV
| Q1 26 | — | 0.90× | ||
| Q4 25 | 1.90× | 0.67× | ||
| Q3 25 | 1.86× | 0.54× | ||
| Q2 25 | 1.85× | 0.53× | ||
| Q1 25 | 1.90× | — | ||
| Q4 24 | 1.91× | 0.52× | ||
| Q3 24 | 1.87× | 0.40× | ||
| Q2 24 | 1.98× | 0.41× |
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 | — |
| 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× | — |
| 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CSGSENOV
| Q1 26 | — | — | ||
| Q4 25 | $59.2M | $82.6M | ||
| Q3 25 | $47.9M | $47.8M | ||
| Q2 25 | $37.3M | $-1.6M | ||
| Q1 25 | $11.5M | — | ||
| Q4 24 | $82.5M | $88.3M | ||
| Q3 24 | $39.5M | $53.6M | ||
| Q2 24 | $43.1M | $7.8M |
自由现金流CSGSENOV
| Q1 26 | — | — | ||
| Q4 25 | $55.8M | $29.1M | ||
| Q3 25 | $43.9M | $3.4M | ||
| Q2 25 | $34.6M | $-44.9M | ||
| Q1 25 | $7.1M | — | ||
| Q4 24 | $76.6M | $35.1M | ||
| Q3 24 | $32.0M | $2.4M | ||
| Q2 24 | $38.8M | $-31.6M |
自由现金流率CSGSENOV
| Q1 26 | — | — | ||
| Q4 25 | 17.3% | 5.3% | ||
| Q3 25 | 14.5% | 0.6% | ||
| Q2 25 | 11.6% | -8.0% | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 24.2% | 6.3% | ||
| Q3 24 | 10.8% | 0.5% | ||
| Q2 24 | 13.4% | -6.0% |
资本支出强度CSGSENOV
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 9.7% | ||
| Q3 25 | 1.3% | 7.9% | ||
| Q2 25 | 0.9% | 7.7% | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 1.9% | 9.5% | ||
| Q3 24 | 2.5% | 10.1% | ||
| Q2 24 | 1.5% | 7.5% |
现金转化率CSGSENOV
| Q1 26 | — | — | ||
| 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× | — |
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% |
ENOV
暂无分部数据
