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南玻集团（CSGS）与FIRST FINANCIAL BANCORP（FFBC）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FIRST FINANCIAL BANCORP的1.2倍（$323.1M vs $271.5M），FIRST FINANCIAL BANCORP净利率更高（27.4% vs 2.2%，领先25.3%），过去两年FIRST FINANCIAL BANCORP的营收复合增速更高（12.4% 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。
第一金融银行集团是总部位于美国俄亥俄州辛辛那提的区域性银行，运营中心设于辛辛那提北郊斯普林代尔及印第安纳州格林斯堡。该行成立于1863年，拥有美国第六悠久的国家银行牌照，在俄亥俄、印第安纳、肯塔基、伊利诺伊四州共设有131个营业网点，2009年9月曾在政府协助下收购欧文金融公司及其子公司。
CSGS vs FFBC — 直观对比
营收规模更大
CSGS
是对方的1.2倍
$271.5M
净利率更高
FFBC
高出25.3%
2.2%
两年增速更快
FFBC
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $271.5M |
| 净利润 | $7.0M | $74.4M |
| 毛利率 | 50.0% | — |
| 营业利润率 | 9.0% | — |
| 净利率 | 2.2% | 27.4% |
| 营收同比 | 2.0% | — |
| 净利润同比 | -79.7% | — |
| 每股收益（稀释后） | $0.24 | $0.71 |
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CSGSFFBC
| Q1 26 | — | $271.5M | ||
| Q4 25 | $323.1M | $238.8M | ||
| Q3 25 | $303.6M | $234.0M | ||
| Q2 25 | $297.1M | $226.3M | ||
| Q1 25 | $299.5M | $200.4M | ||
| Q4 24 | $316.7M | $224.3M | ||
| Q3 24 | $295.1M | $201.3M | ||
| Q2 24 | $290.3M | $214.8M |
净利润CSGSFFBC
| Q1 26 | — | $74.4M | ||
| Q4 25 | $7.0M | — | ||
| Q3 25 | $20.5M | $71.9M | ||
| Q2 25 | $12.3M | $70.0M | ||
| Q1 25 | $16.1M | $51.3M | ||
| Q4 24 | $34.5M | — | ||
| Q3 24 | $19.1M | $52.5M | ||
| Q2 24 | $13.8M | $60.8M |
毛利率CSGSFFBC
| Q1 26 | — | — | ||
| 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% | — |
营业利润率CSGSFFBC
| Q1 26 | — | — | ||
| Q4 25 | 9.0% | — | ||
| Q3 25 | 10.0% | 38.7% | ||
| Q2 25 | 10.0% | 38.8% | ||
| Q1 25 | 9.8% | 31.7% | ||
| Q4 24 | 13.4% | — | ||
| Q3 24 | 10.8% | 32.2% | ||
| Q2 24 | 8.8% | 34.8% |
净利率CSGSFFBC
| Q1 26 | — | 27.4% | ||
| Q4 25 | 2.2% | — | ||
| Q3 25 | 6.7% | 30.7% | ||
| Q2 25 | 4.1% | 30.9% | ||
| Q1 25 | 5.4% | 25.6% | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 6.5% | 26.1% | ||
| Q2 24 | 4.8% | 28.3% |
每股收益（稀释后）CSGSFFBC
| Q1 26 | — | $0.71 | ||
| Q4 25 | $0.24 | $0.64 | ||
| Q3 25 | $0.73 | $0.75 | ||
| Q2 25 | $0.44 | $0.73 | ||
| Q1 25 | $0.57 | $0.54 | ||
| Q4 24 | $1.20 | $0.68 | ||
| Q3 24 | $0.67 | $0.55 | ||
| Q2 24 | $0.48 | $0.64 |
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 | — |
| 总债务越低越好 | $539.5M | $13.1M |
| 股东权益账面价值 | $283.7M | $2.9B |
| 总资产 | $1.5B | $22.5B |
| 负债/权益比越低杠杆越低 | 1.90× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CSGSFFBC
| Q1 26 | — | — | ||
| Q4 25 | $180.0M | — | ||
| Q3 25 | $158.4M | — | ||
| Q2 25 | $145.9M | — | ||
| Q1 25 | $136.0M | — | ||
| Q4 24 | $161.8M | — | ||
| Q3 24 | $118.4M | — | ||
| Q2 24 | $110.4M | — |
总债务CSGSFFBC
| Q1 26 | — | $13.1M | ||
| Q4 25 | $539.5M | $514.1M | ||
| Q3 25 | $538.6M | $221.8M | ||
| Q2 25 | $537.8M | $345.0M | ||
| Q1 25 | $537.6M | $345.9M | ||
| Q4 24 | $538.5M | $347.5M | ||
| Q3 24 | $539.5M | $344.1M | ||
| Q2 24 | $540.5M | $338.6M |
股东权益CSGSFFBC
| Q1 26 | — | $2.9B | ||
| Q4 25 | $283.7M | $2.8B | ||
| Q3 25 | $289.5M | $2.6B | ||
| Q2 25 | $290.7M | $2.6B | ||
| Q1 25 | $283.1M | $2.5B | ||
| Q4 24 | $282.6M | $2.4B | ||
| Q3 24 | $288.4M | $2.5B | ||
| Q2 24 | $273.3M | $2.3B |
总资产CSGSFFBC
| Q1 26 | — | $22.5B | ||
| Q4 25 | $1.5B | $21.1B | ||
| Q3 25 | $1.5B | $18.6B | ||
| Q2 25 | $1.4B | $18.6B | ||
| Q1 25 | $1.4B | $18.5B | ||
| Q4 24 | $1.5B | $18.6B | ||
| Q3 24 | $1.4B | $18.1B | ||
| Q2 24 | $1.4B | $18.2B |
负债/权益比CSGSFFBC
| Q1 26 | — | 0.00× | ||
| Q4 25 | 1.90× | 0.19× | ||
| Q3 25 | 1.86× | 0.08× | ||
| Q2 25 | 1.85× | 0.13× | ||
| Q1 25 | 1.90× | 0.14× | ||
| Q4 24 | 1.91× | 0.14× | ||
| Q3 24 | 1.87× | 0.14× | ||
| Q2 24 | 1.98× | 0.15× |
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CSGSFFBC
| Q1 26 | — | — | ||
| Q4 25 | $59.2M | $337.9M | ||
| Q3 25 | $47.9M | $89.8M | ||
| Q2 25 | $37.3M | $69.8M | ||
| Q1 25 | $11.5M | $56.1M | ||
| Q4 24 | $82.5M | $262.2M | ||
| Q3 24 | $39.5M | $88.1M | ||
| Q2 24 | $43.1M | $68.1M |
自由现金流CSGSFFBC
| Q1 26 | — | — | ||
| Q4 25 | $55.8M | $317.1M | ||
| Q3 25 | $43.9M | $85.8M | ||
| Q2 25 | $34.6M | $64.8M | ||
| Q1 25 | $7.1M | $52.4M | ||
| Q4 24 | $76.6M | $241.1M | ||
| Q3 24 | $32.0M | $84.4M | ||
| Q2 24 | $38.8M | $64.8M |
自由现金流率CSGSFFBC
| Q1 26 | — | — | ||
| Q4 25 | 17.3% | 132.8% | ||
| Q3 25 | 14.5% | 36.7% | ||
| Q2 25 | 11.6% | 28.6% | ||
| Q1 25 | 2.4% | 26.1% | ||
| Q4 24 | 24.2% | 107.5% | ||
| Q3 24 | 10.8% | 42.0% | ||
| Q2 24 | 13.4% | 30.2% |
资本支出强度CSGSFFBC
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 8.7% | ||
| Q3 25 | 1.3% | 1.7% | ||
| Q2 25 | 0.9% | 2.2% | ||
| Q1 25 | 1.5% | 1.9% | ||
| Q4 24 | 1.9% | 9.4% | ||
| Q3 24 | 2.5% | 1.8% | ||
| Q2 24 | 1.5% | 1.5% |
现金转化率CSGSFFBC
| Q1 26 | — | — | ||
| Q4 25 | 8.46× | — | ||
| Q3 25 | 2.34× | 1.25× | ||
| Q2 25 | 3.04× | 1.00× | ||
| Q1 25 | 0.71× | 1.09× | ||
| Q4 24 | 2.39× | — | ||
| Q3 24 | 2.07× | 1.68× | ||
| Q2 24 | 3.12× | 1.12× |
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% |
FFBC
| Net Interest Income | $189.6M | 70% |
| Noninterest Income | $81.9M | 30% |
