vs
南玻集团（CSGS）与艺达思集团（IEX）财务数据对比。点击上方公司名可切换其他公司
艺达思集团的季度营收约是南玻集团的1.2倍（$398.4M vs $323.1M），艺达思集团净利率更高（30.1% vs 2.2%，领先28.0%），艺达思集团同比增速更快（16.7% vs 2.0%），艺达思集团自由现金流更多（$86.0M vs $55.8M），过去两年南玻集团的营收复合增速更高（4.6% vs -29.4%）
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。
艺达思集团是一家公开上市的工业制造企业，专注于流体系统与特种工程产品的研发和生产，产品广泛应用于工业制造、生命科学、食品安全等多个领域，可为全球各行业客户提供高性能定制化解决方案。
CSGS vs IEX — 直观对比
营收规模更大
IEX
是对方的1.2倍
$323.1M
营收增速更快
IEX
高出14.6%
2.0%
净利率更高
IEX
高出28.0%
2.2%
自由现金流更多
IEX
多$30.2M
$55.8M
两年增速更快
CSGS
近两年复合增速
-29.4%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $398.4M |
| 净利润 | $7.0M | $120.0M |
| 毛利率 | 50.0% | 99.9% |
| 营业利润率 | 9.0% | 43.3% |
| 净利率 | 2.2% | 30.1% |
| 营收同比 | 2.0% | 16.7% |
| 净利润同比 | -79.7% | 25.7% |
| 每股收益（稀释后） | $0.24 | $1.61 |
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CSGSIEX
| Q2 26 | — | $398.4M | ||
| Q1 26 | — | $407.7M | ||
| Q4 25 | $323.1M | $899.1M | ||
| Q3 25 | $303.6M | $878.7M | ||
| Q2 25 | $297.1M | $865.4M | ||
| Q1 25 | $299.5M | $814.3M | ||
| Q4 24 | $316.7M | $862.9M | ||
| Q3 24 | $295.1M | $798.2M |
净利润CSGSIEX
| Q2 26 | — | $120.0M | ||
| Q1 26 | — | $128.3M | ||
| Q4 25 | $7.0M | $128.3M | ||
| Q3 25 | $20.5M | $127.8M | ||
| Q2 25 | $12.3M | $131.6M | ||
| Q1 25 | $16.1M | $95.5M | ||
| Q4 24 | $34.5M | $123.2M | ||
| Q3 24 | $19.1M | $119.1M |
毛利率CSGSIEX
| Q2 26 | — | 99.9% | ||
| Q1 26 | — | 94.9% | ||
| Q4 25 | 50.0% | 43.1% | ||
| Q3 25 | 48.1% | 44.5% | ||
| Q2 25 | 49.5% | 45.3% | ||
| Q1 25 | 48.4% | 45.3% | ||
| Q4 24 | 51.3% | 42.5% | ||
| Q3 24 | 49.4% | 44.3% |
营业利润率CSGSIEX
| Q2 26 | — | 43.3% | ||
| Q1 26 | — | 45.0% | ||
| Q4 25 | 9.0% | 20.4% | ||
| Q3 25 | 10.0% | 21.1% | ||
| Q2 25 | 10.0% | 21.7% | ||
| Q1 25 | 9.8% | 17.4% | ||
| Q4 24 | 13.4% | 19.2% | ||
| Q3 24 | 10.8% | 21.0% |
净利率CSGSIEX
| Q2 26 | — | 30.1% | ||
| Q1 26 | — | 31.5% | ||
| Q4 25 | 2.2% | 14.3% | ||
| Q3 25 | 6.7% | 14.5% | ||
| Q2 25 | 4.1% | 15.2% | ||
| Q1 25 | 5.4% | 11.7% | ||
| Q4 24 | 10.9% | 14.3% | ||
| Q3 24 | 6.5% | 14.9% |
每股收益（稀释后）CSGSIEX
| Q2 26 | — | $1.61 | ||
| Q1 26 | — | $1.71 | ||
| Q4 25 | $0.24 | $1.71 | ||
| Q3 25 | $0.73 | $1.70 | ||
| Q2 25 | $0.44 | $1.74 | ||
| Q1 25 | $0.57 | $1.26 | ||
| Q4 24 | $1.20 | $1.61 | ||
| Q3 24 | $0.67 | $1.57 |
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 | $586.2M |
| 总债务越低越好 | $539.5M | — |
| 股东权益账面价值 | $283.7M | $4.0B |
| 总资产 | $1.5B | $6.9B |
| 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CSGSIEX
| Q2 26 | — | $586.2M | ||
| Q1 26 | — | $580.0M | ||
| Q4 25 | $180.0M | $580.0M | ||
| Q3 25 | $158.4M | $593.8M | ||
| Q2 25 | $145.9M | $568.2M | ||
| Q1 25 | $136.0M | $594.1M | ||
| Q4 24 | $161.8M | $620.8M | ||
| Q3 24 | $118.4M | $633.2M |
总债务CSGSIEX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $539.5M | $1.8B | ||
| Q3 25 | $538.6M | $1.9B | ||
| Q2 25 | $537.8M | $1.9B | ||
| Q1 25 | $537.6M | $2.0B | ||
| Q4 24 | $538.5M | $2.0B | ||
| Q3 24 | $539.5M | $2.1B |
股东权益CSGSIEX
| Q2 26 | — | $4.0B | ||
| Q1 26 | — | $4.0B | ||
| Q4 25 | $283.7M | $4.0B | ||
| Q3 25 | $289.5M | $4.0B | ||
| Q2 25 | $290.7M | $4.0B | ||
| Q1 25 | $283.1M | $3.9B | ||
| Q4 24 | $282.6M | $3.8B | ||
| Q3 24 | $288.4M | $3.8B |
总资产CSGSIEX
| Q2 26 | — | $6.9B | ||
| Q1 26 | — | $6.9B | ||
| Q4 25 | $1.5B | $6.9B | ||
| Q3 25 | $1.5B | $7.0B | ||
| Q2 25 | $1.4B | $6.9B | ||
| Q1 25 | $1.4B | $6.8B | ||
| Q4 24 | $1.5B | $6.7B | ||
| Q3 24 | $1.4B | $7.0B |
负债/权益比CSGSIEX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.90× | 0.45× | ||
| Q3 25 | 1.86× | 0.48× | ||
| Q2 25 | 1.85× | 0.46× | ||
| Q1 25 | 1.90× | 0.50× | ||
| Q4 24 | 1.91× | 0.52× | ||
| Q3 24 | 1.87× | 0.55× |
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 | $86.0M |
| 自由现金流率自由现金流/营收 | 17.3% | 21.6% |
| 资本支出强度资本支出/营收 | 1.1% | 4.4% |
| 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 | $654.3M |
8季度趋势，按日历期对齐
经营现金流CSGSIEX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $59.2M | $209.5M | ||
| Q3 25 | $47.9M | $203.5M | ||
| Q2 25 | $37.3M | $161.7M | ||
| Q1 25 | $11.5M | $105.7M | ||
| Q4 24 | $82.5M | $172.6M | ||
| Q3 24 | $39.5M | $205.3M |
自由现金流CSGSIEX
| Q2 26 | — | $86.0M | ||
| Q1 26 | — | $189.8M | ||
| Q4 25 | $55.8M | $189.8M | ||
| Q3 25 | $43.9M | $188.7M | ||
| Q2 25 | $34.6M | $146.9M | ||
| Q1 25 | $7.1M | $91.4M | ||
| Q4 24 | $76.6M | $157.1M | ||
| Q3 24 | $32.0M | $191.6M |
自由现金流率CSGSIEX
| Q2 26 | — | 21.6% | ||
| Q1 26 | — | 46.6% | ||
| Q4 25 | 17.3% | 21.1% | ||
| Q3 25 | 14.5% | 21.5% | ||
| Q2 25 | 11.6% | 17.0% | ||
| Q1 25 | 2.4% | 11.2% | ||
| Q4 24 | 24.2% | 18.2% | ||
| Q3 24 | 10.8% | 24.0% |
资本支出强度CSGSIEX
| Q2 26 | — | 4.4% | ||
| Q1 26 | — | 15.6% | ||
| Q4 25 | 1.1% | 2.2% | ||
| Q3 25 | 1.3% | 1.7% | ||
| Q2 25 | 0.9% | 1.7% | ||
| Q1 25 | 1.5% | 1.8% | ||
| Q4 24 | 1.9% | 1.8% | ||
| Q3 24 | 2.5% | 1.7% |
现金转化率CSGSIEX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 8.46× | 1.63× | ||
| Q3 25 | 2.34× | 1.59× | ||
| Q2 25 | 3.04× | 1.23× | ||
| Q1 25 | 0.71× | 1.11× | ||
| Q4 24 | 2.39× | 1.40× | ||
| Q3 24 | 2.07× | 1.72× |
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% |
IEX
暂无分部数据
