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南玻集团（CSGS）与Wheels Up Experience Inc.（UP）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Wheels Up Experience Inc.的1.8倍（$323.1M vs $183.8M），南玻集团净利率更高（2.2% vs -15.7%，领先17.9%），南玻集团同比增速更快（2.0% vs -10.2%），南玻集团自由现金流更多（$55.8M vs $-58.3M），过去两年南玻集团的营收复合增速更高（4.6% vs -3.4%）
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。
Wheels Up是美国领先的按需私人航空服务提供商，也是全球规模最大的私人航空企业之一。公司由肯尼·迪希特创立于2013年，采用会员制按需服务的商业模式，会员可通过移动应用程序，从公司自有机队及第三方运营商处预订私人飞机出行。
CSGS vs UP — 直观对比
营收规模更大
CSGS
是对方的1.8倍
$183.8M
营收增速更快
CSGS
高出12.3%
-10.2%
净利率更高
CSGS
高出17.9%
-15.7%
自由现金流更多
CSGS
多$114.1M
$-58.3M
两年增速更快
CSGS
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $323.1M | $183.8M |
| 净利润 | $7.0M | $-28.9M |
| 毛利率 | 50.0% | 14.3% |
| 营业利润率 | 9.0% | -0.9% |
| 净利率 | 2.2% | -15.7% |
| 营收同比 | 2.0% | -10.2% |
| 净利润同比 | -79.7% | 67.0% |
| 每股收益（稀释后） | $0.24 | $-0.04 |
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CSGSUP
| Q4 25 | $323.1M | $183.8M | ||
| Q3 25 | $303.6M | $185.5M | ||
| Q2 25 | $297.1M | $189.6M | ||
| Q1 25 | $299.5M | $177.5M | ||
| Q4 24 | $316.7M | $204.8M | ||
| Q3 24 | $295.1M | $193.9M | ||
| Q2 24 | $290.3M | $196.3M | ||
| Q1 24 | $295.1M | $197.1M |
净利润CSGSUP
| Q4 25 | $7.0M | $-28.9M | ||
| Q3 25 | $20.5M | $-83.7M | ||
| Q2 25 | $12.3M | $-82.3M | ||
| Q1 25 | $16.1M | $-99.3M | ||
| Q4 24 | $34.5M | $-87.5M | ||
| Q3 24 | $19.1M | $-57.7M | ||
| Q2 24 | $13.8M | $-97.0M | ||
| Q1 24 | $19.5M | $-97.4M |
毛利率CSGSUP
| Q4 25 | 50.0% | 14.3% | ||
| Q3 25 | 48.1% | 6.8% | ||
| Q2 25 | 49.5% | 8.3% | ||
| Q1 25 | 48.4% | 10.8% | ||
| Q4 24 | 51.3% | 13.9% | ||
| Q3 24 | 49.4% | 13.9% | ||
| Q2 24 | 47.3% | 2.3% | ||
| Q1 24 | 46.5% | -0.6% |
营业利润率CSGSUP
| Q4 25 | 9.0% | -0.9% | ||
| Q3 25 | 10.0% | -33.1% | ||
| Q2 25 | 10.0% | -31.4% | ||
| Q1 25 | 9.8% | -45.5% | ||
| Q4 24 | 13.4% | -26.0% | ||
| Q3 24 | 10.8% | -21.6% | ||
| Q2 24 | 8.8% | -40.3% | ||
| Q1 24 | 10.8% | -42.9% |
净利率CSGSUP
| Q4 25 | 2.2% | -15.7% | ||
| Q3 25 | 6.7% | -45.1% | ||
| Q2 25 | 4.1% | -43.4% | ||
| Q1 25 | 5.4% | -55.9% | ||
| Q4 24 | 10.9% | -42.7% | ||
| Q3 24 | 6.5% | -29.8% | ||
| Q2 24 | 4.8% | -49.4% | ||
| Q1 24 | 6.6% | -49.4% |
每股收益（稀释后）CSGSUP
| Q4 25 | $0.24 | $-0.04 | ||
| Q3 25 | $0.73 | $-0.12 | ||
| Q2 25 | $0.44 | $-0.12 | ||
| Q1 25 | $0.57 | $-0.14 | ||
| Q4 24 | $1.20 | $-0.13 | ||
| Q3 24 | $0.67 | $-0.08 | ||
| Q2 24 | $0.48 | $-0.14 | ||
| Q1 24 | $0.68 | $-0.14 |
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 | $133.9M |
| 总债务越低越好 | $539.5M | $671.3M |
| 股东权益账面价值 | $283.7M | $-392.1M |
| 总资产 | $1.5B | $968.8M |
| 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CSGSUP
| Q4 25 | $180.0M | $133.9M | ||
| Q3 25 | $158.4M | $125.3M | ||
| Q2 25 | $145.9M | $107.0M | ||
| Q1 25 | $136.0M | $171.8M | ||
| Q4 24 | $161.8M | $216.4M | ||
| Q3 24 | $118.4M | $115.9M | ||
| Q2 24 | $110.4M | $141.5M | ||
| Q1 24 | $120.8M | $180.9M |
总债务CSGSUP
| Q4 25 | $539.5M | $671.3M | ||
| Q3 25 | $538.6M | $766.5M | ||
| Q2 25 | $537.8M | $770.5M | ||
| Q1 25 | $537.6M | $765.8M | ||
| Q4 24 | $538.5M | $761.3M | ||
| Q3 24 | $539.5M | $596.9M | ||
| Q2 24 | $540.5M | $597.4M | ||
| Q1 24 | $541.5M | $603.2M |
股东权益CSGSUP
| Q4 25 | $283.7M | $-392.1M | ||
| Q3 25 | $289.5M | $-374.5M | ||
| Q2 25 | $290.7M | $-347.8M | ||
| Q1 25 | $283.1M | $-288.1M | ||
| Q4 24 | $282.6M | $-202.1M | ||
| Q3 24 | $288.4M | $-117.7M | ||
| Q2 24 | $273.3M | $-72.2M | ||
| Q1 24 | $269.3M | $936.0K |
总资产CSGSUP
| Q4 25 | $1.5B | $968.8M | ||
| Q3 25 | $1.5B | $973.0M | ||
| Q2 25 | $1.4B | $1.0B | ||
| Q1 25 | $1.4B | $1.1B | ||
| Q4 24 | $1.5B | $1.2B | ||
| Q3 24 | $1.4B | $1.0B | ||
| Q2 24 | $1.4B | $1.1B | ||
| Q1 24 | $1.3B | $1.2B |
负债/权益比CSGSUP
| 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× | 644.43× |
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 | $-18.4M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $-58.3M |
| 自由现金流率自由现金流/营收 | 17.3% | -31.7% |
| 资本支出强度资本支出/营收 | 1.1% | 21.7% |
| 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 | $-259.9M |
8季度趋势，按日历期对齐
经营现金流CSGSUP
| Q4 25 | $59.2M | $-18.4M | ||
| Q3 25 | $47.9M | $-37.1M | ||
| Q2 25 | $37.3M | $-62.9M | ||
| Q1 25 | $11.5M | $-47.9M | ||
| Q4 24 | $82.5M | $37.9M | ||
| Q3 24 | $39.5M | $-16.9M | ||
| Q2 24 | $43.1M | $-25.2M | ||
| Q1 24 | $-29.4M | $-73.8M |
自由现金流CSGSUP
| Q4 25 | $55.8M | $-58.3M | ||
| Q3 25 | $43.9M | $-60.4M | ||
| Q2 25 | $34.6M | $-78.6M | ||
| Q1 25 | $7.1M | $-62.6M | ||
| Q4 24 | $76.6M | $-70.2M | ||
| Q3 24 | $32.0M | $-21.9M | ||
| Q2 24 | $38.8M | $-30.8M | ||
| Q1 24 | $-34.1M | $-77.8M |
自由现金流率CSGSUP
| Q4 25 | 17.3% | -31.7% | ||
| Q3 25 | 14.5% | -32.6% | ||
| Q2 25 | 11.6% | -41.5% | ||
| Q1 25 | 2.4% | -35.3% | ||
| Q4 24 | 24.2% | -34.3% | ||
| Q3 24 | 10.8% | -11.3% | ||
| Q2 24 | 13.4% | -15.7% | ||
| Q1 24 | -11.6% | -39.5% |
资本支出强度CSGSUP
| Q4 25 | 1.1% | 21.7% | ||
| Q3 25 | 1.3% | 12.5% | ||
| Q2 25 | 0.9% | 8.3% | ||
| Q1 25 | 1.5% | 8.3% | ||
| Q4 24 | 1.9% | 52.8% | ||
| Q3 24 | 2.5% | 2.6% | ||
| Q2 24 | 1.5% | 2.9% | ||
| Q1 24 | 1.6% | 2.0% |
现金转化率CSGSUP
| Q4 25 | 8.46× | — | ||
| Q3 25 | 2.34× | — | ||
| Q2 25 | 3.04× | — | ||
| Q1 25 | 0.71× | — | ||
| 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% |
UP
暂无分部数据
