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南玻集团（CSGS）与MEDICAL PROPERTIES TRUST INC（MPW）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MEDICAL PROPERTIES TRUST INC的1.2倍（$323.1M vs $270.3M），MEDICAL PROPERTIES TRUST INC净利率更高（6.5% vs 2.2%，领先4.3%），MEDICAL PROPERTIES TRUST INC同比增速更快（16.6% vs 2.0%），过去两年南玻集团的营收复合增速更高（4.6% vs -0.2%）
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。
Medical Properties Trust, Inc.（MPT）是一家总部位于美国阿拉巴马州伯明翰的跨国房地产投资信托基金（REIT），主要在美欧地区收购、投资医疗保健设施与营利性医疗控股公司，资产收购多采用售后回租模式，原业主出售资产后成为其租户，租户通常需签署长期三净租赁协议。
CSGS vs MPW — 直观对比
营收规模更大
CSGS
是对方的1.2倍
$270.3M
营收增速更快
MPW
高出14.6%
2.0%
净利率更高
MPW
高出4.3%
2.2%
两年增速更快
CSGS
近两年复合增速
-0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $270.3M |
| 净利润 | $7.0M | $17.6M |
| 毛利率 | 50.0% | 95.8% |
| 营业利润率 | 9.0% | 9.7% |
| 净利率 | 2.2% | 6.5% |
| 营收同比 | 2.0% | 16.6% |
| 净利润同比 | -79.7% | 104.3% |
| 每股收益（稀释后） | $0.24 | $0.03 |
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CSGSMPW
| Q4 25 | $323.1M | $270.3M | ||
| Q3 25 | $303.6M | $237.5M | ||
| Q2 25 | $297.1M | $240.4M | ||
| Q1 25 | $299.5M | $223.8M | ||
| Q4 24 | $316.7M | $231.8M | ||
| Q3 24 | $295.1M | $225.8M | ||
| Q2 24 | $290.3M | $266.6M | ||
| Q1 24 | $295.1M | $271.3M |
净利润CSGSMPW
| Q4 25 | $7.0M | $17.6M | ||
| Q3 25 | $20.5M | $-77.7M | ||
| Q2 25 | $12.3M | $-98.4M | ||
| Q1 25 | $16.1M | $-118.3M | ||
| Q4 24 | $34.5M | $-412.3M | ||
| Q3 24 | $19.1M | $-801.2M | ||
| Q2 24 | $13.8M | $-320.6M | ||
| Q1 24 | $19.5M | $-875.6M |
毛利率CSGSMPW
| Q4 25 | 50.0% | 95.8% | ||
| Q3 25 | 48.1% | — | ||
| Q2 25 | 49.5% | 91.8% | ||
| Q1 25 | 48.4% | 63.6% | ||
| Q4 24 | 51.3% | 90.9% | ||
| Q3 24 | 49.4% | 96.5% | ||
| Q2 24 | 47.3% | 98.4% | ||
| Q1 24 | 46.5% | 84.9% |
营业利润率CSGSMPW
| Q4 25 | 9.0% | 9.7% | ||
| Q3 25 | 10.0% | -28.0% | ||
| Q2 25 | 10.0% | -36.7% | ||
| Q1 25 | 9.8% | -48.5% | ||
| Q4 24 | 13.4% | -173.7% | ||
| Q3 24 | 10.8% | -350.7% | ||
| Q2 24 | 8.8% | -114.5% | ||
| Q1 24 | 10.8% | -318.6% |
净利率CSGSMPW
| Q4 25 | 2.2% | 6.5% | ||
| Q3 25 | 6.7% | -32.7% | ||
| Q2 25 | 4.1% | -40.9% | ||
| Q1 25 | 5.4% | -52.8% | ||
| Q4 24 | 10.9% | -177.8% | ||
| Q3 24 | 6.5% | -354.8% | ||
| Q2 24 | 4.8% | -120.3% | ||
| Q1 24 | 6.6% | -322.7% |
每股收益（稀释后）CSGSMPW
| Q4 25 | $0.24 | $0.03 | ||
| Q3 25 | $0.73 | $-0.13 | ||
| Q2 25 | $0.44 | $-0.16 | ||
| Q1 25 | $0.57 | $-0.20 | ||
| Q4 24 | $1.20 | $-0.68 | ||
| Q3 24 | $0.67 | $-1.34 | ||
| Q2 24 | $0.48 | $-0.54 | ||
| Q1 24 | $0.68 | $-1.46 |
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 | $540.9M |
| 总债务越低越好 | $539.5M | $9.7B |
| 股东权益账面价值 | $283.7M | $4.6B |
| 总资产 | $1.5B | $15.0B |
| 负债/权益比越低杠杆越低 | 1.90× | 2.11× |
8季度趋势，按日历期对齐
现金及短期投资CSGSMPW
| Q4 25 | $180.0M | $540.9M | ||
| Q3 25 | $158.4M | $396.6M | ||
| Q2 25 | $145.9M | $509.8M | ||
| Q1 25 | $136.0M | $673.5M | ||
| Q4 24 | $161.8M | $332.3M | ||
| Q3 24 | $118.4M | $275.6M | ||
| Q2 24 | $110.4M | $606.5M | ||
| Q1 24 | $120.8M | $224.3M |
总债务CSGSMPW
| Q4 25 | $539.5M | $9.7B | ||
| Q3 25 | $538.6M | $9.6B | ||
| Q2 25 | $537.8M | $9.6B | ||
| Q1 25 | $537.6M | $9.5B | ||
| Q4 24 | $538.5M | $8.8B | ||
| Q3 24 | $539.5M | $9.2B | ||
| Q2 24 | $540.5M | $9.4B | ||
| Q1 24 | $541.5M | $10.1B |
股东权益CSGSMPW
| Q4 25 | $283.7M | $4.6B | ||
| Q3 25 | $289.5M | $4.7B | ||
| Q2 25 | $290.7M | $4.8B | ||
| Q1 25 | $283.1M | $4.8B | ||
| Q4 24 | $282.6M | $4.8B | ||
| Q3 24 | $288.4M | $5.4B | ||
| Q2 24 | $273.3M | $6.2B | ||
| Q1 24 | $269.3M | $6.7B |
总资产CSGSMPW
| Q4 25 | $1.5B | $15.0B | ||
| Q3 25 | $1.5B | $14.9B | ||
| Q2 25 | $1.4B | $15.2B | ||
| Q1 25 | $1.4B | $14.9B | ||
| Q4 24 | $1.5B | $14.3B | ||
| Q3 24 | $1.4B | $15.2B | ||
| Q2 24 | $1.4B | $16.2B | ||
| Q1 24 | $1.3B | $17.3B |
负债/权益比CSGSMPW
| Q4 25 | 1.90× | 2.11× | ||
| Q3 25 | 1.86× | 2.06× | ||
| Q2 25 | 1.85× | 2.00× | ||
| Q1 25 | 1.90× | 1.99× | ||
| Q4 24 | 1.91× | 1.83× | ||
| Q3 24 | 1.87× | 1.69× | ||
| Q2 24 | 1.98× | 1.51× | ||
| Q1 24 | 2.01× | 1.51× |
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 | $230.8M |
| 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× | 13.11× |
| 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CSGSMPW
| Q4 25 | $59.2M | $230.8M | ||
| Q3 25 | $47.9M | $18.6M | ||
| Q2 25 | $37.3M | $51.7M | ||
| Q1 25 | $11.5M | $384.0K | ||
| Q4 24 | $82.5M | $245.5M | ||
| Q3 24 | $39.5M | $59.2M | ||
| Q2 24 | $43.1M | $35.3M | ||
| Q1 24 | $-29.4M | $74.3M |
自由现金流CSGSMPW
| Q4 25 | $55.8M | — | ||
| Q3 25 | $43.9M | — | ||
| Q2 25 | $34.6M | — | ||
| Q1 25 | $7.1M | — | ||
| Q4 24 | $76.6M | — | ||
| Q3 24 | $32.0M | — | ||
| Q2 24 | $38.8M | — | ||
| Q1 24 | $-34.1M | — |
自由现金流率CSGSMPW
| Q4 25 | 17.3% | — | ||
| Q3 25 | 14.5% | — | ||
| Q2 25 | 11.6% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 24.2% | — | ||
| Q3 24 | 10.8% | — | ||
| Q2 24 | 13.4% | — | ||
| Q1 24 | -11.6% | — |
资本支出强度CSGSMPW
| Q4 25 | 1.1% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 1.5% | — | ||
| Q1 24 | 1.6% | — |
现金转化率CSGSMPW
| Q4 25 | 8.46× | 13.11× | ||
| Q3 25 | 2.34× | — | ||
| Q2 25 | 3.04× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 2.39× | — | ||
| Q3 24 | 2.07× | — | ||
| Q2 24 | 3.12× | — | ||
| Q1 24 | -1.51× | — |
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% |
MPW
暂无分部数据
