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南玻集团（CSGS）与PTC THERAPEUTICS, INC.（PTCT）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PTC THERAPEUTICS, INC.的2.0倍（$323.1M vs $164.7M），南玻集团净利率更高（2.2% vs -82.0%，领先84.1%），南玻集团同比增速更快（2.0% vs -22.7%），南玻集团自由现金流更多（$55.8M vs $-36.6M），过去两年南玻集团的营收复合增速更高（4.6% vs -11.5%）
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。
PTC Therapeutics是一家总部位于美国的制药企业，专注于开发口服小分子药物及基因疗法，通过靶向转录后调控机制调节基因表达，相关产品管线主要面向罕见病治疗领域，致力于满足相关疾病未被覆盖的临床治疗需求。
CSGS vs PTCT — 直观对比
营收规模更大
CSGS
是对方的2.0倍
$164.7M
营收增速更快
CSGS
高出24.8%
-22.7%
净利率更高
CSGS
高出84.1%
-82.0%
自由现金流更多
CSGS
多$92.5M
$-36.6M
两年增速更快
CSGS
近两年复合增速
-11.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $164.7M |
| 净利润 | $7.0M | $-135.0M |
| 毛利率 | 50.0% | — |
| 营业利润率 | 9.0% | -43.3% |
| 净利率 | 2.2% | -82.0% |
| 营收同比 | 2.0% | -22.7% |
| 净利润同比 | -79.7% | -104.8% |
| 每股收益（稀释后） | $0.24 | $-1.63 |
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CSGSPTCT
| Q4 25 | $323.1M | $164.7M | ||
| Q3 25 | $303.6M | $211.0M | ||
| Q2 25 | $297.1M | $178.9M | ||
| Q1 25 | $299.5M | $1.2B | ||
| Q4 24 | $316.7M | $213.2M | ||
| Q3 24 | $295.1M | $196.8M | ||
| Q2 24 | $290.3M | $186.7M | ||
| Q1 24 | $295.1M | $210.1M |
净利润CSGSPTCT
| Q4 25 | $7.0M | $-135.0M | ||
| Q3 25 | $20.5M | $15.9M | ||
| Q2 25 | $12.3M | $-64.8M | ||
| Q1 25 | $16.1M | $866.6M | ||
| Q4 24 | $34.5M | $-65.9M | ||
| Q3 24 | $19.1M | $-106.7M | ||
| Q2 24 | $13.8M | $-99.2M | ||
| Q1 24 | $19.5M | $-91.6M |
毛利率CSGSPTCT
| Q4 25 | 50.0% | — | ||
| Q3 25 | 48.1% | — | ||
| Q2 25 | 49.5% | — | ||
| Q1 25 | 48.4% | — | ||
| Q4 24 | 51.3% | — | ||
| Q3 24 | 49.4% | — | ||
| Q2 24 | 47.3% | — | ||
| Q1 24 | 46.5% | — |
营业利润率CSGSPTCT
| Q4 25 | 9.0% | -43.3% | ||
| Q3 25 | 10.0% | 1.4% | ||
| Q2 25 | 10.0% | -19.5% | ||
| Q1 25 | 9.8% | 82.5% | ||
| Q4 24 | 13.4% | -76.2% | ||
| Q3 24 | 10.8% | -27.7% | ||
| Q2 24 | 8.8% | -21.5% | ||
| Q1 24 | 10.8% | -21.6% |
净利率CSGSPTCT
| Q4 25 | 2.2% | -82.0% | ||
| Q3 25 | 6.7% | 7.5% | ||
| Q2 25 | 4.1% | -36.3% | ||
| Q1 25 | 5.4% | 73.7% | ||
| Q4 24 | 10.9% | -30.9% | ||
| Q3 24 | 6.5% | -54.2% | ||
| Q2 24 | 4.8% | -53.1% | ||
| Q1 24 | 6.6% | -43.6% |
每股收益（稀释后）CSGSPTCT
| Q4 25 | $0.24 | $-1.63 | ||
| Q3 25 | $0.73 | $0.20 | ||
| Q2 25 | $0.44 | $-0.83 | ||
| Q1 25 | $0.57 | $10.04 | ||
| Q4 24 | $1.20 | $-0.85 | ||
| Q3 24 | $0.67 | $-1.39 | ||
| Q2 24 | $0.48 | $-1.29 | ||
| Q1 24 | $0.68 | $-1.20 |
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 | $1.9B |
| 总债务越低越好 | $539.5M | — |
| 股东权益账面价值 | $283.7M | $-205.3M |
| 总资产 | $1.5B | $2.9B |
| 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CSGSPTCT
| Q4 25 | $180.0M | $1.9B | ||
| Q3 25 | $158.4M | $1.7B | ||
| Q2 25 | $145.9M | $2.0B | ||
| Q1 25 | $136.0M | $2.0B | ||
| Q4 24 | $161.8M | $1.1B | ||
| Q3 24 | $118.4M | $1.0B | ||
| Q2 24 | $110.4M | $1.1B | ||
| Q1 24 | $120.8M | $884.8M |
总债务CSGSPTCT
| 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CSGSPTCT
| Q4 25 | $283.7M | $-205.3M | ||
| Q3 25 | $289.5M | $-155.8M | ||
| Q2 25 | $290.7M | $-206.5M | ||
| Q1 25 | $283.1M | $-185.8M | ||
| Q4 24 | $282.6M | $-1.1B | ||
| Q3 24 | $288.4M | $-1.1B | ||
| Q2 24 | $273.3M | $-980.2M | ||
| Q1 24 | $269.3M | $-893.9M |
总资产CSGSPTCT
| Q4 25 | $1.5B | $2.9B | ||
| Q3 25 | $1.5B | $2.6B | ||
| Q2 25 | $1.4B | $2.6B | ||
| Q1 25 | $1.4B | $2.7B | ||
| Q4 24 | $1.5B | $1.7B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.4B | $1.9B | ||
| Q1 24 | $1.3B | $1.8B |
负债/权益比CSGSPTCT
| 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 | $-34.3M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $-36.6M |
| 自由现金流率自由现金流/营收 | 17.3% | -22.3% |
| 资本支出强度资本支出/营收 | 1.1% | 1.4% |
| 现金转化率经营现金流/净利润 | 8.46× | — |
| 过去12个月自由现金流最近4个季度 | $141.4M | $702.3M |
8季度趋势，按日历期对齐
经营现金流CSGSPTCT
| Q4 25 | $59.2M | $-34.3M | ||
| Q3 25 | $47.9M | $-66.3M | ||
| Q2 25 | $37.3M | $-58.3M | ||
| Q1 25 | $11.5M | $870.1M | ||
| Q4 24 | $82.5M | $-30.0M | ||
| Q3 24 | $39.5M | $-77.0M | ||
| Q2 24 | $43.1M | $-71.5M | ||
| Q1 24 | $-29.4M | $70.8M |
自由现金流CSGSPTCT
| Q4 25 | $55.8M | $-36.6M | ||
| Q3 25 | $43.9M | $-69.7M | ||
| Q2 25 | $34.6M | $-59.6M | ||
| Q1 25 | $7.1M | $868.4M | ||
| Q4 24 | $76.6M | $-33.8M | ||
| Q3 24 | $32.0M | $-77.5M | ||
| Q2 24 | $38.8M | $-78.8M | ||
| Q1 24 | $-34.1M | $61.2M |
自由现金流率CSGSPTCT
| Q4 25 | 17.3% | -22.3% | ||
| Q3 25 | 14.5% | -33.1% | ||
| Q2 25 | 11.6% | -33.3% | ||
| Q1 25 | 2.4% | 73.8% | ||
| Q4 24 | 24.2% | -15.8% | ||
| Q3 24 | 10.8% | -39.4% | ||
| Q2 24 | 13.4% | -42.2% | ||
| Q1 24 | -11.6% | 29.1% |
资本支出强度CSGSPTCT
| Q4 25 | 1.1% | 1.4% | ||
| Q3 25 | 1.3% | 1.6% | ||
| Q2 25 | 0.9% | 0.7% | ||
| Q1 25 | 1.5% | 0.1% | ||
| Q4 24 | 1.9% | 1.8% | ||
| Q3 24 | 2.5% | 0.3% | ||
| Q2 24 | 1.5% | 4.0% | ||
| Q1 24 | 1.6% | 4.6% |
现金转化率CSGSPTCT
| Q4 25 | 8.46× | — | ||
| Q3 25 | 2.34× | -4.17× | ||
| Q2 25 | 3.04× | — | ||
| Q1 25 | 0.71× | 1.00× | ||
| 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% |
PTCT
暂无分部数据
