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南玻集团（CSGS）与Sotera Health Co（SHC）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Sotera Health Co的1.1倍（$323.1M vs $303.4M），Sotera Health Co净利率更高（11.5% vs 2.2%，领先9.3%），Sotera Health Co同比增速更快（4.6% vs 2.0%），南玻集团自由现金流更多（$55.8M vs $52.4M），过去两年Sotera Health Co的营收复合增速更高（10.6% 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。
Sotera Health Co是全球领先的医疗安全解决方案提供商，面向医疗器械厂商、制药企业、食品及消费品公司提供灭菌服务、实验室分析检测与合规咨询支持，帮助客户满足监管要求，保障上市产品的使用安全。
CSGS vs SHC — 直观对比
营收规模更大
CSGS
是对方的1.1倍
$303.4M
营收增速更快
SHC
高出2.5%
2.0%
净利率更高
SHC
高出9.3%
2.2%
自由现金流更多
CSGS
多$3.4M
$52.4M
两年增速更快
SHC
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $303.4M |
| 净利润 | $7.0M | $34.8M |
| 毛利率 | 50.0% | 54.7% |
| 营业利润率 | 9.0% | 23.2% |
| 净利率 | 2.2% | 11.5% |
| 营收同比 | 2.0% | 4.6% |
| 净利润同比 | -79.7% | 182.8% |
| 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CSGSSHC
| Q4 25 | $323.1M | $303.4M | ||
| Q3 25 | $303.6M | $311.3M | ||
| Q2 25 | $297.1M | $294.3M | ||
| Q1 25 | $299.5M | $254.5M | ||
| Q4 24 | $316.7M | $290.2M | ||
| Q3 24 | $295.1M | $285.5M | ||
| Q2 24 | $290.3M | $276.6M | ||
| Q1 24 | $295.1M | $248.2M |
净利润CSGSSHC
| Q4 25 | $7.0M | $34.8M | ||
| Q3 25 | $20.5M | $48.4M | ||
| Q2 25 | $12.3M | $8.0M | ||
| Q1 25 | $16.1M | $-13.3M | ||
| Q4 24 | $34.5M | $12.3M | ||
| Q3 24 | $19.1M | $17.0M | ||
| Q2 24 | $13.8M | $8.8M | ||
| Q1 24 | $19.5M | $6.3M |
毛利率CSGSSHC
| Q4 25 | 50.0% | 54.7% | ||
| Q3 25 | 48.1% | 57.0% | ||
| Q2 25 | 49.5% | 56.6% | ||
| Q1 25 | 48.4% | 53.2% | ||
| Q4 24 | 51.3% | 56.6% | ||
| Q3 24 | 49.4% | 55.4% | ||
| Q2 24 | 47.3% | 55.2% | ||
| Q1 24 | 46.5% | 51.2% |
营业利润率CSGSSHC
| Q4 25 | 9.0% | 23.2% | ||
| Q3 25 | 10.0% | 23.4% | ||
| Q2 25 | 10.0% | 6.4% | ||
| Q1 25 | 9.8% | -5.8% | ||
| Q4 24 | 13.4% | 30.0% | ||
| Q3 24 | 10.8% | 28.2% | ||
| Q2 24 | 8.8% | 27.8% | ||
| Q1 24 | 10.8% | 21.4% |
净利率CSGSSHC
| Q4 25 | 2.2% | 11.5% | ||
| Q3 25 | 6.7% | 15.5% | ||
| Q2 25 | 4.1% | 2.7% | ||
| Q1 25 | 5.4% | -5.2% | ||
| Q4 24 | 10.9% | 4.2% | ||
| Q3 24 | 6.5% | 6.0% | ||
| Q2 24 | 4.8% | 3.2% | ||
| Q1 24 | 6.6% | 2.5% |
每股收益（稀释后）CSGSSHC
| Q4 25 | $0.24 | $0.12 | ||
| Q3 25 | $0.73 | $0.17 | ||
| Q2 25 | $0.44 | $0.03 | ||
| Q1 25 | $0.57 | $-0.05 | ||
| Q4 24 | $1.20 | $0.05 | ||
| Q3 24 | $0.67 | $0.06 | ||
| Q2 24 | $0.48 | $0.03 | ||
| Q1 24 | $0.68 | $0.02 |
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 | $344.6M |
| 总债务越低越好 | $539.5M | $2.1B |
| 股东权益账面价值 | $283.7M | $606.0M |
| 总资产 | $1.5B | $3.3B |
| 负债/权益比越低杠杆越低 | 1.90× | 3.53× |
8季度趋势，按日历期对齐
现金及短期投资CSGSSHC
| Q4 25 | $180.0M | $344.6M | ||
| Q3 25 | $158.4M | $299.2M | ||
| Q2 25 | $145.9M | $332.4M | ||
| Q1 25 | $136.0M | $304.4M | ||
| Q4 24 | $161.8M | $277.2M | ||
| Q3 24 | $118.4M | $306.7M | ||
| Q2 24 | $110.4M | $246.1M | ||
| Q1 24 | $120.8M | $261.1M |
总债务CSGSSHC
| Q4 25 | $539.5M | $2.1B | ||
| Q3 25 | $538.6M | $2.1B | ||
| Q2 25 | $537.8M | $2.2B | ||
| Q1 25 | $537.6M | $2.2B | ||
| Q4 24 | $538.5M | $2.2B | ||
| Q3 24 | $539.5M | $2.2B | ||
| Q2 24 | $540.5M | $2.2B | ||
| Q1 24 | $541.5M | $2.2B |
股东权益CSGSSHC
| Q4 25 | $283.7M | $606.0M | ||
| Q3 25 | $289.5M | $550.5M | ||
| Q2 25 | $290.7M | $511.3M | ||
| Q1 25 | $283.1M | $414.1M | ||
| Q4 24 | $282.6M | $404.9M | ||
| Q3 24 | $288.4M | $470.2M | ||
| Q2 24 | $273.3M | $422.8M | ||
| Q1 24 | $269.3M | $429.4M |
总资产CSGSSHC
| Q4 25 | $1.5B | $3.3B | ||
| Q3 25 | $1.5B | $3.2B | ||
| Q2 25 | $1.4B | $3.2B | ||
| Q1 25 | $1.4B | $3.1B | ||
| Q4 24 | $1.5B | $3.1B | ||
| Q3 24 | $1.4B | $3.1B | ||
| Q2 24 | $1.4B | $3.1B | ||
| Q1 24 | $1.3B | $3.1B |
负债/权益比CSGSSHC
| Q4 25 | 1.90× | 3.53× | ||
| Q3 25 | 1.86× | 3.89× | ||
| Q2 25 | 1.85× | 4.34× | ||
| Q1 25 | 1.90× | 5.36× | ||
| Q4 24 | 1.91× | 5.49× | ||
| Q3 24 | 1.87× | 4.73× | ||
| Q2 24 | 1.98× | 5.26× | ||
| Q1 24 | 2.01× | 5.19× |
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 | $103.1M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $52.4M |
| 自由现金流率自由现金流/营收 | 17.3% | 17.3% |
| 资本支出强度资本支出/营收 | 1.1% | 16.7% |
| 现金转化率经营现金流/净利润 | 8.46× | 2.96× |
| 过去12个月自由现金流最近4个季度 | $141.4M | $149.2M |
8季度趋势，按日历期对齐
经营现金流CSGSSHC
| Q4 25 | $59.2M | $103.1M | ||
| Q3 25 | $47.9M | $71.2M | ||
| Q2 25 | $37.3M | $57.4M | ||
| Q1 25 | $11.5M | $55.5M | ||
| Q4 24 | $82.5M | $55.7M | ||
| Q3 24 | $39.5M | $97.5M | ||
| Q2 24 | $43.1M | $61.3M | ||
| Q1 24 | $-29.4M | $9.7M |
自由现金流CSGSSHC
| Q4 25 | $55.8M | $52.4M | ||
| Q3 25 | $43.9M | $35.0M | ||
| Q2 25 | $34.6M | $26.2M | ||
| Q1 25 | $7.1M | $35.6M | ||
| Q4 24 | $76.6M | $-10.2M | ||
| Q3 24 | $32.0M | $61.1M | ||
| Q2 24 | $38.8M | $19.4M | ||
| Q1 24 | $-34.1M | $-25.2M |
自由现金流率CSGSSHC
| Q4 25 | 17.3% | 17.3% | ||
| Q3 25 | 14.5% | 11.2% | ||
| Q2 25 | 11.6% | 8.9% | ||
| Q1 25 | 2.4% | 14.0% | ||
| Q4 24 | 24.2% | -3.5% | ||
| Q3 24 | 10.8% | 21.4% | ||
| Q2 24 | 13.4% | 7.0% | ||
| Q1 24 | -11.6% | -10.2% |
资本支出强度CSGSSHC
| Q4 25 | 1.1% | 16.7% | ||
| Q3 25 | 1.3% | 11.6% | ||
| Q2 25 | 0.9% | 10.6% | ||
| Q1 25 | 1.5% | 7.8% | ||
| Q4 24 | 1.9% | 22.7% | ||
| Q3 24 | 2.5% | 12.7% | ||
| Q2 24 | 1.5% | 15.2% | ||
| Q1 24 | 1.6% | 14.1% |
现金转化率CSGSSHC
| Q4 25 | 8.46× | 2.96× | ||
| Q3 25 | 2.34× | 1.47× | ||
| Q2 25 | 3.04× | 7.21× | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 2.39× | 4.52× | ||
| Q3 24 | 2.07× | 5.73× | ||
| Q2 24 | 3.12× | 7.00× | ||
| Q1 24 | -1.51× | 1.53× |
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% |
SHC
| Transferred At Point In Time | $198.4M | 65% |
| Nelson Labs | $55.2M | 18% |
| Nordion | $49.8M | 16% |
