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南玻集团（CSGS）与Kodiak Gas Services, Inc.（KGS）财务数据对比。点击上方公司名可切换其他公司
Kodiak Gas Services, Inc.的季度营收约是南玻集团的1.0倍（$332.9M vs $323.1M），Kodiak Gas Services, Inc.净利率更高（7.4% vs 2.2%，领先5.2%），Kodiak Gas Services, Inc.同比增速更快（7.5% vs 2.0%），Kodiak Gas Services, Inc.自由现金流更多（$142.0M vs $55.8M），过去两年Kodiak Gas Services, Inc.的营收复合增速更高（24.3% 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。
Kodiak Gas Services是北美知名的天然气压缩服务供应商，主要服务油气行业上下游客户，提供定制化压缩设备、运维及运营支持，帮助客户优化陆上天然气收集、处理与运输全流程的运营效率。
CSGS vs KGS — 直观对比
营收规模更大
KGS
是对方的1.0倍
$323.1M
营收增速更快
KGS
高出5.5%
2.0%
净利率更高
KGS
高出5.2%
2.2%
自由现金流更多
KGS
多$86.2M
$55.8M
两年增速更快
KGS
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $332.9M |
| 净利润 | $7.0M | $24.6M |
| 毛利率 | 50.0% | — |
| 营业利润率 | 9.0% | 26.1% |
| 净利率 | 2.2% | 7.4% |
| 营收同比 | 2.0% | 7.5% |
| 净利润同比 | -79.7% | 29.0% |
| 每股收益（稀释后） | $0.24 | $0.30 |
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CSGSKGS
| Q4 25 | $323.1M | $332.9M | ||
| Q3 25 | $303.6M | $322.7M | ||
| Q2 25 | $297.1M | $322.8M | ||
| Q1 25 | $299.5M | $329.6M | ||
| Q4 24 | $316.7M | $309.5M | ||
| Q3 24 | $295.1M | $324.6M | ||
| Q2 24 | $290.3M | $309.7M | ||
| Q1 24 | $295.1M | $215.5M |
净利润CSGSKGS
| Q4 25 | $7.0M | $24.6M | ||
| Q3 25 | $20.5M | $-14.0M | ||
| Q2 25 | $12.3M | $39.5M | ||
| Q1 25 | $16.1M | $30.4M | ||
| Q4 24 | $34.5M | $19.1M | ||
| Q3 24 | $19.1M | $-5.6M | ||
| Q2 24 | $13.8M | $6.2M | ||
| Q1 24 | $19.5M | $30.2M |
毛利率CSGSKGS
| Q4 25 | 50.0% | — | ||
| Q3 25 | 48.1% | — | ||
| Q2 25 | 49.5% | — | ||
| Q1 25 | 48.4% | — | ||
| Q4 24 | 51.3% | — | ||
| Q3 24 | 49.4% | 37.5% | ||
| Q2 24 | 47.3% | 36.5% | ||
| Q1 24 | 46.5% | 39.4% |
营业利润率CSGSKGS
| Q4 25 | 9.0% | 26.1% | ||
| Q3 25 | 10.0% | 19.9% | ||
| Q2 25 | 10.0% | 30.9% | ||
| Q1 25 | 9.8% | 27.1% | ||
| Q4 24 | 13.4% | 22.3% | ||
| Q3 24 | 10.8% | 20.4% | ||
| Q2 24 | 8.8% | 17.5% | ||
| Q1 24 | 10.8% | 27.9% |
净利率CSGSKGS
| Q4 25 | 2.2% | 7.4% | ||
| Q3 25 | 6.7% | -4.3% | ||
| Q2 25 | 4.1% | 12.2% | ||
| Q1 25 | 5.4% | 9.2% | ||
| Q4 24 | 10.9% | 6.2% | ||
| Q3 24 | 6.5% | -1.7% | ||
| Q2 24 | 4.8% | 2.0% | ||
| Q1 24 | 6.6% | 14.0% |
每股收益（稀释后）CSGSKGS
| Q4 25 | $0.24 | $0.30 | ||
| Q3 25 | $0.73 | $-0.17 | ||
| Q2 25 | $0.44 | $0.43 | ||
| Q1 25 | $0.57 | $0.33 | ||
| Q4 24 | $1.20 | $0.18 | ||
| Q3 24 | $0.67 | $-0.07 | ||
| Q2 24 | $0.48 | $0.06 | ||
| Q1 24 | $0.68 | $0.39 |
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 | $3.2M |
| 总债务越低越好 | $539.5M | $2.6B |
| 股东权益账面价值 | $283.7M | $1.2B |
| 总资产 | $1.5B | $4.3B |
| 负债/权益比越低杠杆越低 | 1.90× | 2.12× |
8季度趋势，按日历期对齐
现金及短期投资CSGSKGS
| Q4 25 | $180.0M | $3.2M | ||
| Q3 25 | $158.4M | $724.0K | ||
| Q2 25 | $145.9M | $5.4M | ||
| Q1 25 | $136.0M | $1.9M | ||
| Q4 24 | $161.8M | $4.8M | ||
| Q3 24 | $118.4M | $7.4M | ||
| Q2 24 | $110.4M | $3.9M | ||
| Q1 24 | $120.8M | $9.3M |
总债务CSGSKGS
| Q4 25 | $539.5M | $2.6B | ||
| Q3 25 | $538.6M | $2.6B | ||
| Q2 25 | $537.8M | $2.5B | ||
| Q1 25 | $537.6M | $2.6B | ||
| Q4 24 | $538.5M | $2.6B | ||
| Q3 24 | $539.5M | $2.6B | ||
| Q2 24 | $540.5M | $2.5B | ||
| Q1 24 | $541.5M | — |
股东权益CSGSKGS
| Q4 25 | $283.7M | $1.2B | ||
| Q3 25 | $289.5M | $1.3B | ||
| Q2 25 | $290.7M | $1.3B | ||
| Q1 25 | $283.1M | $1.4B | ||
| Q4 24 | $282.6M | $1.4B | ||
| Q3 24 | $288.4M | $1.4B | ||
| Q2 24 | $273.3M | $1.5B | ||
| Q1 24 | $269.3M | $1.1B |
总资产CSGSKGS
| Q4 25 | $1.5B | $4.3B | ||
| Q3 25 | $1.5B | $4.4B | ||
| Q2 25 | $1.4B | $4.4B | ||
| Q1 25 | $1.4B | $4.4B | ||
| Q4 24 | $1.5B | $4.4B | ||
| Q3 24 | $1.4B | $4.5B | ||
| Q2 24 | $1.4B | $4.4B | ||
| Q1 24 | $1.3B | $3.3B |
负债/权益比CSGSKGS
| Q4 25 | 1.90× | 2.12× | ||
| Q3 25 | 1.86× | 2.08× | ||
| Q2 25 | 1.85× | 1.89× | ||
| Q1 25 | 1.90× | 1.91× | ||
| Q4 24 | 1.91× | 1.88× | ||
| Q3 24 | 1.87× | 1.86× | ||
| Q2 24 | 1.98× | 1.71× | ||
| Q1 24 | 2.01× | — |
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 | $194.9M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $142.0M |
| 自由现金流率自由现金流/营收 | 17.3% | 42.7% |
| 资本支出强度资本支出/营收 | 1.1% | 15.9% |
| 现金转化率经营现金流/净利润 | 8.46× | 7.91× |
| 过去12个月自由现金流最近4个季度 | $141.4M | $284.3M |
8季度趋势，按日历期对齐
经营现金流CSGSKGS
| Q4 25 | $59.2M | $194.9M | ||
| Q3 25 | $47.9M | $113.4M | ||
| Q2 25 | $37.3M | $177.2M | ||
| Q1 25 | $11.5M | $114.3M | ||
| Q4 24 | $82.5M | $118.5M | ||
| Q3 24 | $39.5M | $36.9M | ||
| Q2 24 | $43.1M | $121.1M | ||
| Q1 24 | $-29.4M | $51.5M |
自由现金流CSGSKGS
| Q4 25 | $55.8M | $142.0M | ||
| Q3 25 | $43.9M | $10.9M | ||
| Q2 25 | $34.6M | $94.6M | ||
| Q1 25 | $7.1M | $36.8M | ||
| Q4 24 | $76.6M | $45.2M | ||
| Q3 24 | $32.0M | $-49.7M | ||
| Q2 24 | $38.8M | $4.0M | ||
| Q1 24 | $-34.1M | $-8.6M |
自由现金流率CSGSKGS
| Q4 25 | 17.3% | 42.7% | ||
| Q3 25 | 14.5% | 3.4% | ||
| Q2 25 | 11.6% | 29.3% | ||
| Q1 25 | 2.4% | 11.2% | ||
| Q4 24 | 24.2% | 14.6% | ||
| Q3 24 | 10.8% | -15.3% | ||
| Q2 24 | 13.4% | 1.3% | ||
| Q1 24 | -11.6% | -4.0% |
资本支出强度CSGSKGS
| Q4 25 | 1.1% | 15.9% | ||
| Q3 25 | 1.3% | 31.7% | ||
| Q2 25 | 0.9% | 25.6% | ||
| Q1 25 | 1.5% | 23.5% | ||
| Q4 24 | 1.9% | 23.7% | ||
| Q3 24 | 2.5% | 26.7% | ||
| Q2 24 | 1.5% | 37.8% | ||
| Q1 24 | 1.6% | 27.9% |
现金转化率CSGSKGS
| Q4 25 | 8.46× | 7.91× | ||
| Q3 25 | 2.34× | — | ||
| Q2 25 | 3.04× | 4.49× | ||
| Q1 25 | 0.71× | 3.76× | ||
| Q4 24 | 2.39× | 6.21× | ||
| Q3 24 | 2.07× | — | ||
| Q2 24 | 3.12× | 19.44× | ||
| Q1 24 | -1.51× | 1.70× |
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% |
KGS
| Other Services | $126.8M | 38% |
| Other | $112.2M | 34% |
| Transferred At Point In Time | $93.8M | 28% |
