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南玻集团（CSGS）与National Storage Affiliates Trust（NSA）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National Storage Affiliates Trust的1.7倍（$323.1M vs $187.0M），National Storage Affiliates Trust净利率更高（12.2% vs 2.2%，领先10.1%），南玻集团同比增速更快（2.0% vs -1.6%），National Storage Affiliates Trust自由现金流更多（$299.8M vs $55.8M），过去两年南玻集团的营收复合增速更高（4.6% vs -2.4%）
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。
National Storage Affiliates Trust是一家总部位于美国的房地产投资信托，专注于自助仓储资产，在美国数十个州持有、运营及收购自助仓储设施，为居民和商业客户提供安全的存储服务。
CSGS vs NSA — 直观对比
营收规模更大
CSGS
是对方的1.7倍
$187.0M
营收增速更快
CSGS
高出3.7%
-1.6%
净利率更高
NSA
高出10.1%
2.2%
自由现金流更多
NSA
多$244.0M
$55.8M
两年增速更快
CSGS
近两年复合增速
-2.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $187.0M |
| 净利润 | $7.0M | $22.9M |
| 毛利率 | 50.0% | 72.5% |
| 营业利润率 | 9.0% | 20.2% |
| 净利率 | 2.2% | 12.2% |
| 营收同比 | 2.0% | -1.6% |
| 净利润同比 | -79.7% | 36.8% |
| 每股收益（稀释后） | $0.24 | $0.23 |
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CSGSNSA
| Q4 25 | $323.1M | $187.0M | ||
| Q3 25 | $303.6M | $188.7M | ||
| Q2 25 | $297.1M | $188.8M | ||
| Q1 25 | $299.5M | $188.4M | ||
| Q4 24 | $316.7M | $190.1M | ||
| Q3 24 | $295.1M | $193.6M | ||
| Q2 24 | $290.3M | $190.4M | ||
| Q1 24 | $295.1M | $196.1M |
净利润CSGSNSA
| Q4 25 | $7.0M | $22.9M | ||
| Q3 25 | $20.5M | $18.4M | ||
| Q2 25 | $12.3M | $19.5M | ||
| Q1 25 | $16.1M | $13.0M | ||
| Q4 24 | $34.5M | $16.7M | ||
| Q3 24 | $19.1M | $18.7M | ||
| Q2 24 | $13.8M | $17.1M | ||
| Q1 24 | $19.5M | $59.0M |
毛利率CSGSNSA
| Q4 25 | 50.0% | 72.5% | ||
| Q3 25 | 48.1% | 70.7% | ||
| Q2 25 | 49.5% | 70.5% | ||
| Q1 25 | 48.4% | 70.7% | ||
| Q4 24 | 51.3% | 72.5% | ||
| Q3 24 | 49.4% | 72.8% | ||
| Q2 24 | 47.3% | 72.6% | ||
| Q1 24 | 46.5% | 72.1% |
营业利润率CSGSNSA
| Q4 25 | 9.0% | 20.2% | ||
| Q3 25 | 10.0% | 15.8% | ||
| Q2 25 | 10.0% | 16.5% | ||
| Q1 25 | 9.8% | 11.0% | ||
| Q4 24 | 13.4% | 14.5% | ||
| Q3 24 | 10.8% | 15.8% | ||
| Q2 24 | 8.8% | 17.2% | ||
| Q1 24 | 10.8% | 48.9% |
净利率CSGSNSA
| Q4 25 | 2.2% | 12.2% | ||
| Q3 25 | 6.7% | 9.8% | ||
| Q2 25 | 4.1% | 10.3% | ||
| Q1 25 | 5.4% | 6.9% | ||
| Q4 24 | 10.9% | 8.8% | ||
| Q3 24 | 6.5% | 9.7% | ||
| Q2 24 | 4.8% | 9.0% | ||
| Q1 24 | 6.6% | 30.1% |
每股收益（稀释后）CSGSNSA
| Q4 25 | $0.24 | $0.23 | ||
| Q3 25 | $0.73 | $0.17 | ||
| Q2 25 | $0.44 | $0.19 | ||
| Q1 25 | $0.57 | $0.10 | ||
| Q4 24 | $1.20 | $0.19 | ||
| Q3 24 | $0.67 | $0.18 | ||
| Q2 24 | $0.48 | $0.16 | ||
| Q1 24 | $0.68 | $0.65 |
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 | $23.3M |
| 总债务越低越好 | $539.5M | — |
| 股东权益账面价值 | $283.7M | $946.0M |
| 总资产 | $1.5B | $5.1B |
| 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CSGSNSA
| Q4 25 | $180.0M | $23.3M | ||
| Q3 25 | $158.4M | $26.3M | ||
| Q2 25 | $145.9M | $26.1M | ||
| Q1 25 | $136.0M | $19.3M | ||
| Q4 24 | $161.8M | $50.4M | ||
| Q3 24 | $118.4M | $69.9M | ||
| Q2 24 | $110.4M | $59.0M | ||
| Q1 24 | $120.8M | $64.2M |
总债务CSGSNSA
| Q4 25 | $539.5M | — | ||
| Q3 25 | $538.6M | — | ||
| Q2 25 | $537.8M | — | ||
| Q1 25 | $537.6M | — | ||
| Q4 24 | $538.5M | — | ||
| Q3 24 | $539.5M | — | ||
| Q2 24 | $540.5M | — | ||
| Q1 24 | $541.5M | — |
股东权益CSGSNSA
| Q4 25 | $283.7M | $946.0M | ||
| Q3 25 | $289.5M | $973.1M | ||
| Q2 25 | $290.7M | $1.0B | ||
| Q1 25 | $283.1M | $1.0B | ||
| Q4 24 | $282.6M | $1.1B | ||
| Q3 24 | $288.4M | $986.9M | ||
| Q2 24 | $273.3M | $1.2B | ||
| Q1 24 | $269.3M | $1.3B |
总资产CSGSNSA
| Q4 25 | $1.5B | $5.1B | ||
| Q3 25 | $1.5B | $5.1B | ||
| Q2 25 | $1.4B | $5.2B | ||
| Q1 25 | $1.4B | $5.3B | ||
| Q4 24 | $1.5B | $5.4B | ||
| Q3 24 | $1.4B | $5.4B | ||
| Q2 24 | $1.4B | $5.3B | ||
| Q1 24 | $1.3B | $5.4B |
负债/权益比CSGSNSA
| Q4 25 | 1.90× | — | ||
| Q3 25 | 1.86× | — | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | 1.90× | — | ||
| Q4 24 | 1.91× | — | ||
| Q3 24 | 1.87× | — | ||
| Q2 24 | 1.98× | — | ||
| 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 | $338.5M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $299.8M |
| 自由现金流率自由现金流/营收 | 17.3% | 160.3% |
| 资本支出强度资本支出/营收 | 1.1% | 20.7% |
| 现金转化率经营现金流/净利润 | 8.46× | 14.79× |
| 过去12个月自由现金流最近4个季度 | $141.4M | $541.5M |
8季度趋势，按日历期对齐
经营现金流CSGSNSA
| Q4 25 | $59.2M | $338.5M | ||
| Q3 25 | $47.9M | $100.2M | ||
| Q2 25 | $37.3M | $79.9M | ||
| Q1 25 | $11.5M | $85.6M | ||
| Q4 24 | $82.5M | $363.1M | ||
| Q3 24 | $39.5M | $105.7M | ||
| Q2 24 | $43.1M | $83.2M | ||
| Q1 24 | $-29.4M | $94.0M |
自由现金流CSGSNSA
| Q4 25 | $55.8M | $299.8M | ||
| Q3 25 | $43.9M | $88.0M | ||
| Q2 25 | $34.6M | $73.8M | ||
| Q1 25 | $7.1M | $79.9M | ||
| Q4 24 | $76.6M | $344.4M | ||
| Q3 24 | $32.0M | $101.8M | ||
| Q2 24 | $38.8M | $79.5M | ||
| Q1 24 | $-34.1M | $88.6M |
自由现金流率CSGSNSA
| Q4 25 | 17.3% | 160.3% | ||
| Q3 25 | 14.5% | 46.6% | ||
| Q2 25 | 11.6% | 39.1% | ||
| Q1 25 | 2.4% | 42.4% | ||
| Q4 24 | 24.2% | 181.2% | ||
| Q3 24 | 10.8% | 52.6% | ||
| Q2 24 | 13.4% | 41.7% | ||
| Q1 24 | -11.6% | 45.2% |
资本支出强度CSGSNSA
| Q4 25 | 1.1% | 20.7% | ||
| Q3 25 | 1.3% | 6.5% | ||
| Q2 25 | 0.9% | 3.2% | ||
| Q1 25 | 1.5% | 3.0% | ||
| Q4 24 | 1.9% | 9.8% | ||
| Q3 24 | 2.5% | 2.0% | ||
| Q2 24 | 1.5% | 1.9% | ||
| Q1 24 | 1.6% | 2.7% |
现金转化率CSGSNSA
| Q4 25 | 8.46× | 14.79× | ||
| Q3 25 | 2.34× | 5.44× | ||
| Q2 25 | 3.04× | 4.10× | ||
| Q1 25 | 0.71× | 6.59× | ||
| Q4 24 | 2.39× | 21.70× | ||
| Q3 24 | 2.07× | 5.65× | ||
| Q2 24 | 3.12× | 4.88× | ||
| Q1 24 | -1.51× | 1.59× |
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% |
NSA
暂无分部数据
