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南玻集团（CSGS）与PREFORMED LINE PRODUCTS CO（PLPC）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PREFORMED LINE PRODUCTS CO的1.9倍（$323.1M vs $173.1M），PREFORMED LINE PRODUCTS CO净利率更高（4.9% vs 2.2%，领先2.7%），PREFORMED LINE PRODUCTS CO同比增速更快（3.6% vs 2.0%），南玻集团自由现金流更多（$55.8M vs $11.8M），过去两年PREFORMED LINE PRODUCTS CO的营收复合增速更高（10.8% 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。
预成型线路产品公司（PLPC）研发、生产和销售适用于输配电、通信及可再生能源基建领域的工程硬件组件，服务全球多地的公用事业、网络运营商及工业客户，提供可提升网络可靠性与运营效率的解决方案。
CSGS vs PLPC — 直观对比
营收规模更大
CSGS
是对方的1.9倍
$173.1M
营收增速更快
PLPC
高出1.6%
2.0%
净利率更高
PLPC
高出2.7%
2.2%
自由现金流更多
CSGS
多$44.0M
$11.8M
两年增速更快
PLPC
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $173.1M |
| 净利润 | $7.0M | $8.4M |
| 毛利率 | 50.0% | 29.8% |
| 营业利润率 | 9.0% | 6.8% |
| 净利率 | 2.2% | 4.9% |
| 营收同比 | 2.0% | 3.6% |
| 净利润同比 | -79.7% | -19.3% |
| 每股收益（稀释后） | $0.24 | $1.72 |
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CSGSPLPC
| Q4 25 | $323.1M | $173.1M | ||
| Q3 25 | $303.6M | $178.1M | ||
| Q2 25 | $297.1M | $169.6M | ||
| Q1 25 | $299.5M | $148.5M | ||
| Q4 24 | $316.7M | $167.1M | ||
| Q3 24 | $295.1M | $147.0M | ||
| Q2 24 | $290.3M | $138.7M | ||
| Q1 24 | $295.1M | $140.9M |
净利润CSGSPLPC
| Q4 25 | $7.0M | $8.4M | ||
| Q3 25 | $20.5M | $2.6M | ||
| Q2 25 | $12.3M | $12.7M | ||
| Q1 25 | $16.1M | $11.5M | ||
| Q4 24 | $34.5M | $10.5M | ||
| Q3 24 | $19.1M | $7.7M | ||
| Q2 24 | $13.8M | $9.4M | ||
| Q1 24 | $19.5M | $9.6M |
毛利率CSGSPLPC
| Q4 25 | 50.0% | 29.8% | ||
| Q3 25 | 48.1% | 29.7% | ||
| Q2 25 | 49.5% | 32.7% | ||
| Q1 25 | 48.4% | 32.8% | ||
| Q4 24 | 51.3% | 33.3% | ||
| Q3 24 | 49.4% | 31.1% | ||
| Q2 24 | 47.3% | 31.9% | ||
| Q1 24 | 46.5% | 31.3% |
营业利润率CSGSPLPC
| Q4 25 | 9.0% | 6.8% | ||
| Q3 25 | 10.0% | 7.4% | ||
| Q2 25 | 10.0% | 10.1% | ||
| Q1 25 | 9.8% | 8.8% | ||
| Q4 24 | 13.4% | 10.5% | ||
| Q3 24 | 10.8% | 7.1% | ||
| Q2 24 | 8.8% | 8.1% | ||
| Q1 24 | 10.8% | 8.2% |
净利率CSGSPLPC
| Q4 25 | 2.2% | 4.9% | ||
| Q3 25 | 6.7% | 1.5% | ||
| Q2 25 | 4.1% | 7.5% | ||
| Q1 25 | 5.4% | 7.8% | ||
| Q4 24 | 10.9% | 6.3% | ||
| Q3 24 | 6.5% | 5.2% | ||
| Q2 24 | 4.8% | 6.8% | ||
| Q1 24 | 6.6% | 6.8% |
每股收益（稀释后）CSGSPLPC
| Q4 25 | $0.24 | $1.72 | ||
| Q3 25 | $0.73 | $0.53 | ||
| Q2 25 | $0.44 | $2.56 | ||
| Q1 25 | $0.57 | $2.33 | ||
| Q4 24 | $1.20 | $2.13 | ||
| Q3 24 | $0.67 | $1.54 | ||
| Q2 24 | $0.48 | $1.89 | ||
| Q1 24 | $0.68 | $1.94 |
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 | — |
| 总债务越低越好 | $539.5M | $38.3M |
| 股东权益账面价值 | $283.7M | $475.5M |
| 总资产 | $1.5B | $653.6M |
| 负债/权益比越低杠杆越低 | 1.90× | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资CSGSPLPC
| Q4 25 | $180.0M | — | ||
| Q3 25 | $158.4M | — | ||
| Q2 25 | $145.9M | — | ||
| Q1 25 | $136.0M | — | ||
| Q4 24 | $161.8M | — | ||
| Q3 24 | $118.4M | — | ||
| Q2 24 | $110.4M | — | ||
| Q1 24 | $120.8M | — |
总债务CSGSPLPC
| Q4 25 | $539.5M | $38.3M | ||
| Q3 25 | $538.6M | $36.0M | ||
| Q2 25 | $537.8M | $31.8M | ||
| Q1 25 | $537.6M | $29.1M | ||
| Q4 24 | $538.5M | $20.8M | ||
| Q3 24 | $539.5M | $27.2M | ||
| Q2 24 | $540.5M | $31.6M | ||
| Q1 24 | $541.5M | $55.0M |
股东权益CSGSPLPC
| Q4 25 | $283.7M | $475.5M | ||
| Q3 25 | $289.5M | $466.3M | ||
| Q2 25 | $290.7M | $460.7M | ||
| Q1 25 | $283.1M | $435.8M | ||
| Q4 24 | $282.6M | $422.3M | ||
| Q3 24 | $288.4M | $429.0M | ||
| Q2 24 | $273.3M | $416.2M | ||
| Q1 24 | $269.3M | $413.4M |
总资产CSGSPLPC
| Q4 25 | $1.5B | $653.6M | ||
| Q3 25 | $1.5B | $644.6M | ||
| Q2 25 | $1.4B | $631.5M | ||
| Q1 25 | $1.4B | $592.5M | ||
| Q4 24 | $1.5B | $573.9M | ||
| Q3 24 | $1.4B | $592.0M | ||
| Q2 24 | $1.4B | $572.6M | ||
| Q1 24 | $1.3B | $586.1M |
负债/权益比CSGSPLPC
| Q4 25 | 1.90× | 0.08× | ||
| Q3 25 | 1.86× | 0.08× | ||
| Q2 25 | 1.85× | 0.07× | ||
| Q1 25 | 1.90× | 0.07× | ||
| Q4 24 | 1.91× | 0.05× | ||
| Q3 24 | 1.87× | 0.06× | ||
| Q2 24 | 1.98× | 0.08× | ||
| Q1 24 | 2.01× | 0.13× |
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 | $21.9M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $11.8M |
| 自由现金流率自由现金流/营收 | 17.3% | 6.8% |
| 资本支出强度资本支出/营收 | 1.1% | 5.9% |
| 现金转化率经营现金流/净利润 | 8.46× | 2.60× |
| 过去12个月自由现金流最近4个季度 | $141.4M | $33.3M |
8季度趋势，按日历期对齐
经营现金流CSGSPLPC
| Q4 25 | $59.2M | $21.9M | ||
| Q3 25 | $47.9M | $18.9M | ||
| Q2 25 | $37.3M | $26.9M | ||
| Q1 25 | $11.5M | $5.7M | ||
| Q4 24 | $82.5M | $24.1M | ||
| Q3 24 | $39.5M | $9.4M | ||
| Q2 24 | $43.1M | $28.3M | ||
| Q1 24 | $-29.4M | $5.8M |
自由现金流CSGSPLPC
| Q4 25 | $55.8M | $11.8M | ||
| Q3 25 | $43.9M | $8.3M | ||
| Q2 25 | $34.6M | $18.6M | ||
| Q1 25 | $7.1M | $-5.3M | ||
| Q4 24 | $76.6M | $20.6M | ||
| Q3 24 | $32.0M | $5.8M | ||
| Q2 24 | $38.8M | $24.6M | ||
| Q1 24 | $-34.1M | $1.8M |
自由现金流率CSGSPLPC
| Q4 25 | 17.3% | 6.8% | ||
| Q3 25 | 14.5% | 4.7% | ||
| Q2 25 | 11.6% | 10.9% | ||
| Q1 25 | 2.4% | -3.6% | ||
| Q4 24 | 24.2% | 12.3% | ||
| Q3 24 | 10.8% | 3.9% | ||
| Q2 24 | 13.4% | 17.7% | ||
| Q1 24 | -11.6% | 1.3% |
资本支出强度CSGSPLPC
| Q4 25 | 1.1% | 5.9% | ||
| Q3 25 | 1.3% | 6.0% | ||
| Q2 25 | 0.9% | 4.9% | ||
| Q1 25 | 1.5% | 7.4% | ||
| Q4 24 | 1.9% | 2.1% | ||
| Q3 24 | 2.5% | 2.4% | ||
| Q2 24 | 1.5% | 2.7% | ||
| Q1 24 | 1.6% | 2.8% |
现金转化率CSGSPLPC
| Q4 25 | 8.46× | 2.60× | ||
| Q3 25 | 2.34× | 7.21× | ||
| Q2 25 | 3.04× | 2.12× | ||
| Q1 25 | 0.71× | 0.49× | ||
| Q4 24 | 2.39× | 2.30× | ||
| Q3 24 | 2.07× | 1.22× | ||
| Q2 24 | 3.12× | 3.02× | ||
| Q1 24 | -1.51× | 0.60× |
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% |
PLPC
暂无分部数据
