vs
南玻集团（CSGS）与FNB CORP（FNB）财务数据对比。点击上方公司名可切换其他公司
FNB CORP的季度营收约是南玻集团的1.1倍（$366.0M vs $323.1M），FNB CORP净利率更高（45.9% vs 2.2%，领先43.7%），FNB CORP同比增速更快（13.7% vs 2.0%），FNB CORP自由现金流更多（$99.0M vs $55.8M），过去两年FNB CORP的营收复合增速更高（7.1% 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。
FNB集团是总部位于美国宾夕法尼亚州匹兹堡的多元化金融服务机构，为旗下最大子公司第一国民银行的控股主体，截至2025年12月31日总资产超500亿美元，业务覆盖匹兹堡、巴尔的摩、克利夫兰、华盛顿特区、北卡罗来纳州多座城市及南卡罗来纳州查尔斯顿等核心都会区。
CSGS vs FNB — 直观对比
营收规模更大
FNB
是对方的1.1倍
$323.1M
营收增速更快
FNB
高出11.6%
2.0%
净利率更高
FNB
高出43.7%
2.2%
自由现金流更多
FNB
多$43.2M
$55.8M
两年增速更快
FNB
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $366.0M |
| 净利润 | $7.0M | $168.0M |
| 毛利率 | 50.0% | — |
| 营业利润率 | 9.0% | 45.1% |
| 净利率 | 2.2% | 45.9% |
| 营收同比 | 2.0% | 13.7% |
| 净利润同比 | -79.7% | 52.7% |
| 每股收益（稀释后） | $0.24 | $0.47 |
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CSGSFNB
| Q4 25 | $323.1M | $366.0M | ||
| Q3 25 | $303.6M | $359.0M | ||
| Q2 25 | $297.1M | $348.0M | ||
| Q1 25 | $299.5M | $323.0M | ||
| Q4 24 | $316.7M | $322.0M | ||
| Q3 24 | $295.1M | $323.0M | ||
| Q2 24 | $290.3M | $316.0M | ||
| Q1 24 | $295.1M | $319.0M |
净利润CSGSFNB
| Q4 25 | $7.0M | $168.0M | ||
| Q3 25 | $20.5M | $150.0M | ||
| Q2 25 | $12.3M | $130.0M | ||
| Q1 25 | $16.1M | $117.0M | ||
| Q4 24 | $34.5M | $110.0M | ||
| Q3 24 | $19.1M | $110.0M | ||
| Q2 24 | $13.8M | $123.0M | ||
| Q1 24 | $19.5M | $122.0M |
毛利率CSGSFNB
| 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% | — | ||
| Q1 24 | 46.5% | — |
营业利润率CSGSFNB
| Q4 25 | 9.0% | 45.1% | ||
| Q3 25 | 10.0% | 52.9% | ||
| Q2 25 | 10.0% | 47.7% | ||
| Q1 25 | 9.8% | 45.8% | ||
| Q4 24 | 13.4% | 31.7% | ||
| Q3 24 | 10.8% | 43.3% | ||
| Q2 24 | 8.8% | 49.7% | ||
| Q1 24 | 10.8% | 48.9% |
净利率CSGSFNB
| Q4 25 | 2.2% | 45.9% | ||
| Q3 25 | 6.7% | 41.8% | ||
| Q2 25 | 4.1% | 37.4% | ||
| Q1 25 | 5.4% | 36.2% | ||
| Q4 24 | 10.9% | 34.2% | ||
| Q3 24 | 6.5% | 34.1% | ||
| Q2 24 | 4.8% | 38.9% | ||
| Q1 24 | 6.6% | 38.2% |
每股收益（稀释后）CSGSFNB
| Q4 25 | $0.24 | $0.47 | ||
| Q3 25 | $0.73 | $0.41 | ||
| Q2 25 | $0.44 | $0.36 | ||
| Q1 25 | $0.57 | $0.32 | ||
| Q4 24 | $1.20 | $0.31 | ||
| Q3 24 | $0.67 | $0.30 | ||
| Q2 24 | $0.48 | $0.34 | ||
| Q1 24 | $0.68 | $0.32 |
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 | $2.5B |
| 总债务越低越好 | $539.5M | $1.9B |
| 股东权益账面价值 | $283.7M | $6.8B |
| 总资产 | $1.5B | $50.2B |
| 负债/权益比越低杠杆越低 | 1.90× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资CSGSFNB
| Q4 25 | $180.0M | $2.5B | ||
| Q3 25 | $158.4M | $2.4B | ||
| Q2 25 | $145.9M | $2.4B | ||
| Q1 25 | $136.0M | $2.4B | ||
| Q4 24 | $161.8M | $2.4B | ||
| Q3 24 | $118.4M | $2.1B | ||
| Q2 24 | $110.4M | $1.9B | ||
| Q1 24 | $120.8M | $1.5B |
总债务CSGSFNB
| Q4 25 | $539.5M | $1.9B | ||
| Q3 25 | $538.6M | $2.1B | ||
| Q2 25 | $537.8M | $2.7B | ||
| Q1 25 | $537.6M | $2.5B | ||
| Q4 24 | $538.5M | $3.0B | ||
| Q3 24 | $539.5M | $2.5B | ||
| Q2 24 | $540.5M | $2.0B | ||
| Q1 24 | $541.5M | $2.1B |
股东权益CSGSFNB
| Q4 25 | $283.7M | $6.8B | ||
| Q3 25 | $289.5M | $6.6B | ||
| Q2 25 | $290.7M | $6.5B | ||
| Q1 25 | $283.1M | $6.4B | ||
| Q4 24 | $282.6M | $6.3B | ||
| Q3 24 | $288.4M | $6.2B | ||
| Q2 24 | $273.3M | $6.1B | ||
| Q1 24 | $269.3M | $6.0B |
总资产CSGSFNB
| Q4 25 | $1.5B | $50.2B | ||
| Q3 25 | $1.5B | $49.9B | ||
| Q2 25 | $1.4B | $49.7B | ||
| Q1 25 | $1.4B | $49.0B | ||
| Q4 24 | $1.5B | $48.6B | ||
| Q3 24 | $1.4B | $48.0B | ||
| Q2 24 | $1.4B | $47.7B | ||
| Q1 24 | $1.3B | $45.9B |
负债/权益比CSGSFNB
| Q4 25 | 1.90× | 0.28× | ||
| Q3 25 | 1.86× | 0.32× | ||
| Q2 25 | 1.85× | 0.41× | ||
| Q1 25 | 1.90× | 0.39× | ||
| Q4 24 | 1.91× | 0.48× | ||
| Q3 24 | 1.87× | 0.40× | ||
| Q2 24 | 1.98× | 0.33× | ||
| Q1 24 | 2.01× | 0.35× |
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 | $128.0M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $99.0M |
| 自由现金流率自由现金流/营收 | 17.3% | 27.0% |
| 资本支出强度资本支出/营收 | 1.1% | 7.9% |
| 现金转化率经营现金流/净利润 | 8.46× | 0.76× |
| 过去12个月自由现金流最近4个季度 | $141.4M | $376.0M |
8季度趋势，按日历期对齐
经营现金流CSGSFNB
| Q4 25 | $59.2M | $128.0M | ||
| Q3 25 | $47.9M | $167.0M | ||
| Q2 25 | $37.3M | $123.0M | ||
| Q1 25 | $11.5M | $64.0M | ||
| Q4 24 | $82.5M | $326.0M | ||
| Q3 24 | $39.5M | $-14.0M | ||
| Q2 24 | $43.1M | $85.0M | ||
| Q1 24 | $-29.4M | $245.0M |
自由现金流CSGSFNB
| Q4 25 | $55.8M | $99.0M | ||
| Q3 25 | $43.9M | $149.0M | ||
| Q2 25 | $34.6M | $85.0M | ||
| Q1 25 | $7.1M | $43.0M | ||
| Q4 24 | $76.6M | $278.0M | ||
| Q3 24 | $32.0M | $-46.0M | ||
| Q2 24 | $38.8M | $55.0M | ||
| Q1 24 | $-34.1M | $216.0M |
自由现金流率CSGSFNB
| Q4 25 | 17.3% | 27.0% | ||
| Q3 25 | 14.5% | 41.5% | ||
| Q2 25 | 11.6% | 24.4% | ||
| Q1 25 | 2.4% | 13.3% | ||
| Q4 24 | 24.2% | 86.3% | ||
| Q3 24 | 10.8% | -14.2% | ||
| Q2 24 | 13.4% | 17.4% | ||
| Q1 24 | -11.6% | 67.7% |
资本支出强度CSGSFNB
| Q4 25 | 1.1% | 7.9% | ||
| Q3 25 | 1.3% | 5.0% | ||
| Q2 25 | 0.9% | 10.9% | ||
| Q1 25 | 1.5% | 6.5% | ||
| Q4 24 | 1.9% | 14.9% | ||
| Q3 24 | 2.5% | 9.9% | ||
| Q2 24 | 1.5% | 9.5% | ||
| Q1 24 | 1.6% | 9.1% |
现金转化率CSGSFNB
| Q4 25 | 8.46× | 0.76× | ||
| Q3 25 | 2.34× | 1.11× | ||
| Q2 25 | 3.04× | 0.95× | ||
| Q1 25 | 0.71× | 0.55× | ||
| Q4 24 | 2.39× | 2.96× | ||
| Q3 24 | 2.07× | -0.13× | ||
| Q2 24 | 3.12× | 0.69× | ||
| Q1 24 | -1.51× | 2.01× |
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% |
FNB
暂无分部数据
