vs
南玻集团（CSGS）与E.W. SCRIPPS Co（SSP）财务数据对比。点击上方公司名可切换其他公司
E.W. SCRIPPS Co的季度营收约是南玻集团的1.7倍（$560.3M vs $323.1M），南玻集团净利率更高（2.2% vs -5.1%，领先7.3%），南玻集团同比增速更快（2.0% vs -23.1%），南玻集团自由现金流更多（$55.8M vs $31.2M），过去两年南玻集团的营收复合增速更高（4.6% vs -0.1%）
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。
E.W.斯克里普斯公司简称斯克里普斯，是美国的广播传媒企业，1878年由爱德华·威利斯·斯克里普斯与姐姐艾伦·勃朗宁·斯克里普斯创立，最初为日报连锁企业，前身是一家传媒集团，如今总部位于俄亥俄州辛辛那提市的斯克里普斯中心，企业格言为“给人光明，大众自寻前路”，品牌标识为沿用已久的灯塔。
CSGS vs SSP — 直观对比
营收规模更大
SSP
是对方的1.7倍
$323.1M
营收增速更快
CSGS
高出25.1%
-23.1%
净利率更高
CSGS
高出7.3%
-5.1%
自由现金流更多
CSGS
多$24.6M
$31.2M
两年增速更快
CSGS
近两年复合增速
-0.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $560.3M |
| 净利润 | $7.0M | $-28.5M |
| 毛利率 | 50.0% | — |
| 营业利润率 | 9.0% | 7.5% |
| 净利率 | 2.2% | -5.1% |
| 营收同比 | 2.0% | -23.1% |
| 净利润同比 | -79.7% | -129.9% |
| 每股收益（稀释后） | $0.24 | $-0.51 |
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CSGSSSP
| Q4 25 | $323.1M | $560.3M | ||
| Q3 25 | $303.6M | $525.9M | ||
| Q2 25 | $297.1M | $540.1M | ||
| Q1 25 | $299.5M | $524.4M | ||
| Q4 24 | $316.7M | $728.4M | ||
| Q3 24 | $295.1M | $646.3M | ||
| Q2 24 | $290.3M | $573.6M | ||
| Q1 24 | $295.1M | $561.5M |
净利润CSGSSSP
| Q4 25 | $7.0M | $-28.5M | ||
| Q3 25 | $20.5M | $-33.0M | ||
| Q2 25 | $12.3M | $-36.0M | ||
| Q1 25 | $16.1M | $-3.5M | ||
| Q4 24 | $34.5M | $95.4M | ||
| Q3 24 | $19.1M | $47.8M | ||
| Q2 24 | $13.8M | $1.4M | ||
| Q1 24 | $19.5M | $1.6M |
毛利率CSGSSSP
| 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CSGSSSP
| Q4 25 | 9.0% | 7.5% | ||
| Q3 25 | 10.0% | 7.2% | ||
| Q2 25 | 10.0% | 14.2% | ||
| Q1 25 | 9.8% | 5.2% | ||
| Q4 24 | 13.4% | 26.3% | ||
| Q3 24 | 10.8% | 18.8% | ||
| Q2 24 | 8.8% | 9.7% | ||
| Q1 24 | 10.8% | 7.7% |
净利率CSGSSSP
| Q4 25 | 2.2% | -5.1% | ||
| Q3 25 | 6.7% | -6.3% | ||
| Q2 25 | 4.1% | -6.7% | ||
| Q1 25 | 5.4% | -0.7% | ||
| Q4 24 | 10.9% | 13.1% | ||
| Q3 24 | 6.5% | 7.4% | ||
| Q2 24 | 4.8% | 0.2% | ||
| Q1 24 | 6.6% | 0.3% |
每股收益（稀释后）CSGSSSP
| Q4 25 | $0.24 | $-0.51 | ||
| Q3 25 | $0.73 | $-0.55 | ||
| Q2 25 | $0.44 | $-0.59 | ||
| Q1 25 | $0.57 | $-0.22 | ||
| Q4 24 | $1.20 | $0.94 | ||
| Q3 24 | $0.67 | $0.37 | ||
| Q2 24 | $0.48 | $-0.15 | ||
| Q1 24 | $0.68 | $-0.15 |
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 | $27.9M |
| 总债务越低越好 | $539.5M | — |
| 股东权益账面价值 | $283.7M | $1.2B |
| 总资产 | $1.5B | $5.0B |
| 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CSGSSSP
| Q4 25 | $180.0M | $27.9M | ||
| Q3 25 | $158.4M | $54.7M | ||
| Q2 25 | $145.9M | $31.7M | ||
| Q1 25 | $136.0M | $24.0M | ||
| Q4 24 | $161.8M | $23.9M | ||
| Q3 24 | $118.4M | $34.6M | ||
| Q2 24 | $110.4M | $26.7M | ||
| Q1 24 | $120.8M | $30.2M |
总债务CSGSSSP
| Q4 25 | $539.5M | — | ||
| Q3 25 | $538.6M | — | ||
| Q2 25 | $537.8M | — | ||
| Q1 25 | $537.6M | — | ||
| Q4 24 | $538.5M | $2.6B | ||
| Q3 24 | $539.5M | — | ||
| Q2 24 | $540.5M | — | ||
| Q1 24 | $541.5M | — |
股东权益CSGSSSP
| Q4 25 | $283.7M | $1.2B | ||
| Q3 25 | $289.5M | $1.3B | ||
| Q2 25 | $290.7M | $1.3B | ||
| Q1 25 | $283.1M | $1.3B | ||
| Q4 24 | $282.6M | $1.3B | ||
| Q3 24 | $288.4M | $1.2B | ||
| Q2 24 | $273.3M | $1.2B | ||
| Q1 24 | $269.3M | $1.2B |
总资产CSGSSSP
| Q4 25 | $1.5B | $5.0B | ||
| Q3 25 | $1.5B | $5.1B | ||
| Q2 25 | $1.4B | $5.1B | ||
| Q1 25 | $1.4B | $5.1B | ||
| Q4 24 | $1.5B | $5.2B | ||
| Q3 24 | $1.4B | $5.3B | ||
| Q2 24 | $1.4B | $5.3B | ||
| Q1 24 | $1.3B | $5.3B |
负债/权益比CSGSSSP
| Q4 25 | 1.90× | — | ||
| Q3 25 | 1.86× | — | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | 1.90× | — | ||
| Q4 24 | 1.91× | 1.98× | ||
| 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 | $45.1M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $31.2M |
| 自由现金流率自由现金流/营收 | 17.3% | 5.6% |
| 资本支出强度资本支出/营收 | 1.1% | 2.5% |
| 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 | $6.5M |
8季度趋势，按日历期对齐
经营现金流CSGSSSP
| Q4 25 | $59.2M | $45.1M | ||
| Q3 25 | $47.9M | $21.8M | ||
| Q2 25 | $37.3M | $-10.5M | ||
| Q1 25 | $11.5M | $-3.3M | ||
| Q4 24 | $82.5M | $153.3M | ||
| Q3 24 | $39.5M | $140.6M | ||
| Q2 24 | $43.1M | $26.4M | ||
| Q1 24 | $-29.4M | $45.4M |
自由现金流CSGSSSP
| Q4 25 | $55.8M | $31.2M | ||
| Q3 25 | $43.9M | $6.4M | ||
| Q2 25 | $34.6M | $-22.7M | ||
| Q1 25 | $7.1M | $-8.4M | ||
| Q4 24 | $76.6M | $146.9M | ||
| Q3 24 | $32.0M | $127.4M | ||
| Q2 24 | $38.8M | $2.8M | ||
| Q1 24 | $-34.1M | $23.3M |
自由现金流率CSGSSSP
| Q4 25 | 17.3% | 5.6% | ||
| Q3 25 | 14.5% | 1.2% | ||
| Q2 25 | 11.6% | -4.2% | ||
| Q1 25 | 2.4% | -1.6% | ||
| Q4 24 | 24.2% | 20.2% | ||
| Q3 24 | 10.8% | 19.7% | ||
| Q2 24 | 13.4% | 0.5% | ||
| Q1 24 | -11.6% | 4.1% |
资本支出强度CSGSSSP
| Q4 25 | 1.1% | 2.5% | ||
| Q3 25 | 1.3% | 2.9% | ||
| Q2 25 | 0.9% | 2.3% | ||
| Q1 25 | 1.5% | 1.0% | ||
| Q4 24 | 1.9% | 0.9% | ||
| Q3 24 | 2.5% | 2.0% | ||
| Q2 24 | 1.5% | 4.1% | ||
| Q1 24 | 1.6% | 3.9% |
现金转化率CSGSSSP
| Q4 25 | 8.46× | — | ||
| Q3 25 | 2.34× | — | ||
| Q2 25 | 3.04× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 2.39× | 1.61× | ||
| Q3 24 | 2.07× | 2.94× | ||
| Q2 24 | 3.12× | 18.45× | ||
| Q1 24 | -1.51× | 27.94× |
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% |
SSP
| Local Media Segment | $355.1M | 63% |
| Scripps Networks | $199.5M | 36% |
| Political Advertising Revenue | $10.0M | 2% |
