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南玻集团（CSGS）与Mistras Group, Inc.（MG）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Mistras Group, Inc.的1.8倍（$323.1M vs $181.5M），南玻集团净利率更高（2.2% vs 2.1%，领先0.1%），Mistras Group, Inc.同比增速更快（5.1% vs 2.0%），南玻集团自由现金流更多（$55.8M vs $26.0M），过去两年南玻集团的营收复合增速更高（4.6% vs -0.8%）
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。
Mistras集团是全球资产完整性与保护解决方案供应商，主营无损检测、工业实时监测、工程咨询等服务，核心客户覆盖油气、航空航天、发电、制造等领域，业务遍及北美、欧洲及亚太地区，可帮助客户提升运营安全性、延长资产寿命、降低非计划停机风险。
CSGS vs MG — 直观对比
营收规模更大
CSGS
是对方的1.8倍
$181.5M
营收增速更快
MG
高出3.0%
2.0%
净利率更高
CSGS
高出0.1%
2.1%
自由现金流更多
CSGS
多$29.8M
$26.0M
两年增速更快
CSGS
近两年复合增速
-0.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $181.5M |
| 净利润 | $7.0M | $3.8M |
| 毛利率 | 50.0% | 28.4% |
| 营业利润率 | 9.0% | 7.0% |
| 净利率 | 2.2% | 2.1% |
| 营收同比 | 2.0% | 5.1% |
| 净利润同比 | -79.7% | -27.4% |
| 每股收益（稀释后） | $0.24 | $0.12 |
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CSGSMG
| Q4 25 | $323.1M | $181.5M | ||
| Q3 25 | $303.6M | $195.5M | ||
| Q2 25 | $297.1M | $185.4M | ||
| Q1 25 | $299.5M | $161.6M | ||
| Q4 24 | $316.7M | $172.7M | ||
| Q3 24 | $295.1M | $182.7M | ||
| Q2 24 | $290.3M | $189.8M | ||
| Q1 24 | $295.1M | $184.4M |
净利润CSGSMG
| Q4 25 | $7.0M | $3.8M | ||
| Q3 25 | $20.5M | $13.1M | ||
| Q2 25 | $12.3M | $3.0M | ||
| Q1 25 | $16.1M | $-3.2M | ||
| Q4 24 | $34.5M | $5.2M | ||
| Q3 24 | $19.1M | $6.4M | ||
| Q2 24 | $13.8M | $6.4M | ||
| Q1 24 | $19.5M | $995.0K |
毛利率CSGSMG
| Q4 25 | 50.0% | 28.4% | ||
| Q3 25 | 48.1% | 29.8% | ||
| Q2 25 | 49.5% | 29.1% | ||
| Q1 25 | 48.4% | 25.3% | ||
| Q4 24 | 51.3% | 26.5% | ||
| Q3 24 | 49.4% | 26.8% | ||
| Q2 24 | 47.3% | 27.1% | ||
| Q1 24 | 46.5% | 25.0% |
营业利润率CSGSMG
| Q4 25 | 9.0% | 7.0% | ||
| Q3 25 | 10.0% | 10.4% | ||
| Q2 25 | 10.0% | 4.5% | ||
| Q1 25 | 9.8% | -0.6% | ||
| Q4 24 | 13.4% | 6.1% | ||
| Q3 24 | 10.8% | 6.5% | ||
| Q2 24 | 8.8% | 6.3% | ||
| Q1 24 | 10.8% | 3.0% |
净利率CSGSMG
| Q4 25 | 2.2% | 2.1% | ||
| Q3 25 | 6.7% | 6.7% | ||
| Q2 25 | 4.1% | 1.6% | ||
| Q1 25 | 5.4% | -2.0% | ||
| Q4 24 | 10.9% | 3.0% | ||
| Q3 24 | 6.5% | 3.5% | ||
| Q2 24 | 4.8% | 3.4% | ||
| Q1 24 | 6.6% | 0.5% |
每股收益（稀释后）CSGSMG
| Q4 25 | $0.24 | $0.12 | ||
| Q3 25 | $0.73 | $0.41 | ||
| Q2 25 | $0.44 | $0.10 | ||
| Q1 25 | $0.57 | $-0.10 | ||
| Q4 24 | $1.20 | $0.17 | ||
| Q3 24 | $0.67 | $0.20 | ||
| Q2 24 | $0.48 | $0.20 | ||
| Q1 24 | $0.68 | $0.03 |
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 | $28.0M |
| 总债务越低越好 | $539.5M | $178.0M |
| 股东权益账面价值 | $283.7M | $235.1M |
| 总资产 | $1.5B | $578.8M |
| 负债/权益比越低杠杆越低 | 1.90× | 0.76× |
8季度趋势，按日历期对齐
现金及短期投资CSGSMG
| Q4 25 | $180.0M | $28.0M | ||
| Q3 25 | $158.4M | $27.8M | ||
| Q2 25 | $145.9M | $20.0M | ||
| Q1 25 | $136.0M | $18.5M | ||
| Q4 24 | $161.8M | $18.3M | ||
| Q3 24 | $118.4M | $20.4M | ||
| Q2 24 | $110.4M | $17.2M | ||
| Q1 24 | $120.8M | $16.9M |
总债务CSGSMG
| Q4 25 | $539.5M | $178.0M | ||
| Q3 25 | $538.6M | $202.3M | ||
| Q2 25 | $537.8M | $189.4M | ||
| Q1 25 | $537.6M | $171.9M | ||
| Q4 24 | $538.5M | $169.6M | ||
| Q3 24 | $539.5M | $189.7M | ||
| Q2 24 | $540.5M | $199.7M | ||
| Q1 24 | $541.5M | $198.4M |
股东权益CSGSMG
| Q4 25 | $283.7M | $235.1M | ||
| Q3 25 | $289.5M | $227.4M | ||
| Q2 25 | $290.7M | $215.8M | ||
| Q1 25 | $283.1M | $198.7M | ||
| Q4 24 | $282.6M | $198.6M | ||
| Q3 24 | $288.4M | $205.2M | ||
| Q2 24 | $273.3M | $193.2M | ||
| Q1 24 | $269.3M | $187.1M |
总资产CSGSMG
| Q4 25 | $1.5B | $578.8M | ||
| Q3 25 | $1.5B | $596.3M | ||
| Q2 25 | $1.4B | $571.0M | ||
| Q1 25 | $1.4B | $526.8M | ||
| Q4 24 | $1.5B | $523.0M | ||
| Q3 24 | $1.4B | $551.7M | ||
| Q2 24 | $1.4B | $548.1M | ||
| Q1 24 | $1.3B | $542.1M |
负债/权益比CSGSMG
| Q4 25 | 1.90× | 0.76× | ||
| Q3 25 | 1.86× | 0.89× | ||
| Q2 25 | 1.85× | 0.88× | ||
| Q1 25 | 1.90× | 0.87× | ||
| Q4 24 | 1.91× | 0.85× | ||
| Q3 24 | 1.87× | 0.92× | ||
| Q2 24 | 1.98× | 1.03× | ||
| Q1 24 | 2.01× | 1.06× |
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 | $32.1M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $26.0M |
| 自由现金流率自由现金流/营收 | 17.3% | 14.3% |
| 资本支出强度资本支出/营收 | 1.1% | 3.4% |
| 现金转化率经营现金流/净利润 | 8.46× | 8.55× |
| 过去12个月自由现金流最近4个季度 | $141.4M | $8.3M |
8季度趋势，按日历期对齐
经营现金流CSGSMG
| Q4 25 | $59.2M | $32.1M | ||
| Q3 25 | $47.9M | $4.5M | ||
| Q2 25 | $37.3M | $-9.3M | ||
| Q1 25 | $11.5M | $5.6M | ||
| Q4 24 | $82.5M | $25.7M | ||
| Q3 24 | $39.5M | $19.4M | ||
| Q2 24 | $43.1M | $4.5M | ||
| Q1 24 | $-29.4M | $604.0K |
自由现金流CSGSMG
| Q4 25 | $55.8M | $26.0M | ||
| Q3 25 | $43.9M | $-4.1M | ||
| Q2 25 | $34.6M | $-14.7M | ||
| Q1 25 | $7.1M | $1.1M | ||
| Q4 24 | $76.6M | $22.1M | ||
| Q3 24 | $32.0M | $14.6M | ||
| Q2 24 | $38.8M | $-284.0K | ||
| Q1 24 | $-34.1M | $-4.2M |
自由现金流率CSGSMG
| Q4 25 | 17.3% | 14.3% | ||
| Q3 25 | 14.5% | -2.1% | ||
| Q2 25 | 11.6% | -7.9% | ||
| Q1 25 | 2.4% | 0.7% | ||
| Q4 24 | 24.2% | 12.8% | ||
| Q3 24 | 10.8% | 8.0% | ||
| Q2 24 | 13.4% | -0.1% | ||
| Q1 24 | -11.6% | -2.3% |
资本支出强度CSGSMG
| Q4 25 | 1.1% | 3.4% | ||
| Q3 25 | 1.3% | 4.4% | ||
| Q2 25 | 0.9% | 2.9% | ||
| Q1 25 | 1.5% | 2.8% | ||
| Q4 24 | 1.9% | 2.1% | ||
| Q3 24 | 2.5% | 2.6% | ||
| Q2 24 | 1.5% | 2.5% | ||
| Q1 24 | 1.6% | 2.6% |
现金转化率CSGSMG
| Q4 25 | 8.46× | 8.55× | ||
| Q3 25 | 2.34× | 0.34× | ||
| Q2 25 | 3.04× | -3.07× | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 2.39× | 4.96× | ||
| Q3 24 | 2.07× | 3.02× | ||
| Q2 24 | 3.12× | 0.71× | ||
| Q1 24 | -1.51× | 0.61× |
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% |
MG
暂无分部数据
