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CSW INDUSTRIALS, INC.（CSW）与福尼克斯（PLAB）财务数据对比。点击上方公司名可切换其他公司
CSW INDUSTRIALS, INC.的季度营收约是福尼克斯的1.1倍（$233.0M vs $210.4M），福尼克斯净利率更高（10.9% vs 4.4%，领先6.5%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs -5.5%），福尼克斯自由现金流更多（$25.2M vs $22.7M），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs -3.8%）
福尼克斯是美国半导体光掩模制造商，2009年时位居全球第三大光掩模供应商，同时也是电子束产业倡议组织的成员，专注于为半导体行业提供关键的掩模产品，支撑芯片制造环节的图形转移需求。
CSW vs PLAB — 直观对比
营收规模更大
CSW
是对方的1.1倍
$210.4M
营收增速更快
CSW
高出25.8%
-5.5%
净利率更高
PLAB
高出6.5%
4.4%
自由现金流更多
PLAB
多$2.5M
$22.7M
两年增速更快
CSW
近两年复合增速
-3.8%
损益表 — Q3 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $210.4M |
| 净利润 | $10.3M | $22.9M |
| 毛利率 | 39.7% | 33.7% |
| 营业利润率 | 7.4% | 22.9% |
| 净利率 | 4.4% | 10.9% |
| 营收同比 | 20.3% | -5.5% |
| 净利润同比 | -61.9% | -32.4% |
| 每股收益（稀释后） | $0.62 | $0.39 |
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CSWPLAB
| Q4 25 | $233.0M | — | ||
| Q3 25 | $277.0M | $210.4M | ||
| Q2 25 | $263.6M | $211.0M | ||
| Q1 25 | $230.5M | $212.1M | ||
| Q4 24 | $193.6M | $222.6M | ||
| Q3 24 | $227.9M | $211.0M | ||
| Q2 24 | $226.2M | $217.0M | ||
| Q1 24 | $210.9M | $216.3M |
净利润CSWPLAB
| Q4 25 | $10.3M | — | ||
| Q3 25 | $40.7M | $22.9M | ||
| Q2 25 | $40.9M | $8.9M | ||
| Q1 25 | $35.1M | $42.9M | ||
| Q4 24 | $26.9M | $33.9M | ||
| Q3 24 | $36.1M | $34.4M | ||
| Q2 24 | $38.6M | $36.3M | ||
| Q1 24 | $31.8M | $26.2M |
毛利率CSWPLAB
| Q4 25 | 39.7% | — | ||
| Q3 25 | 43.0% | 33.7% | ||
| Q2 25 | 43.8% | 36.9% | ||
| Q1 25 | 44.2% | 35.6% | ||
| Q4 24 | 41.4% | 37.0% | ||
| Q3 24 | 45.6% | 35.6% | ||
| Q2 24 | 47.5% | 36.5% | ||
| Q1 24 | 44.4% | 36.6% |
营业利润率CSWPLAB
| Q4 25 | 7.4% | — | ||
| Q3 25 | 20.5% | 22.9% | ||
| Q2 25 | 20.8% | 26.4% | ||
| Q1 25 | 19.5% | 24.6% | ||
| Q4 24 | 15.3% | 25.1% | ||
| Q3 24 | 22.6% | 24.7% | ||
| Q2 24 | 24.3% | 25.8% | ||
| Q1 24 | 21.0% | 26.6% |
净利率CSWPLAB
| Q4 25 | 4.4% | — | ||
| Q3 25 | 14.7% | 10.9% | ||
| Q2 25 | 15.5% | 4.2% | ||
| Q1 25 | 15.2% | 20.2% | ||
| Q4 24 | 13.9% | 15.2% | ||
| Q3 24 | 15.8% | 16.3% | ||
| Q2 24 | 17.1% | 16.7% | ||
| Q1 24 | 15.1% | 12.1% |
每股收益（稀释后）CSWPLAB
| Q4 25 | $0.62 | — | ||
| Q3 25 | $2.41 | $0.39 | ||
| Q2 25 | $2.43 | $0.15 | ||
| Q1 25 | $2.05 | $0.68 | ||
| Q4 24 | $1.60 | $0.54 | ||
| Q3 24 | $2.26 | $0.55 | ||
| Q2 24 | $2.47 | $0.58 | ||
| Q1 24 | $2.03 | $0.42 |
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 | $40.2M | $575.8M |
| 总债务越低越好 | — | $16.0K |
| 股东权益账面价值 | $1.1B | $1.1B |
| 总资产 | $2.3B | $1.8B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CSWPLAB
| Q4 25 | $40.2M | — | ||
| Q3 25 | $31.5M | $575.8M | ||
| Q2 25 | $38.0M | $558.4M | ||
| Q1 25 | $225.8M | $642.2M | ||
| Q4 24 | $213.8M | $640.7M | ||
| Q3 24 | $273.2M | $606.4M | ||
| Q2 24 | $18.9M | $559.9M | ||
| Q1 24 | $22.2M | $521.5M |
总债务CSWPLAB
| Q4 25 | — | — | ||
| Q3 25 | — | $16.0K | ||
| Q2 25 | — | $19.0K | ||
| Q1 25 | $800.1M | $21.0K | ||
| Q4 24 | — | $25.0K | ||
| Q3 24 | — | $28.0K | ||
| Q2 24 | — | $2.5M | ||
| Q1 24 | $166.0M | $2.7M |
股东权益CSWPLAB
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | $1.0B | $1.1B | ||
| Q3 24 | $1.0B | $1.1B | ||
| Q2 24 | $650.2M | $1.0B | ||
| Q1 24 | $615.7M | $1.0B |
总资产CSWPLAB
| Q4 25 | $2.3B | — | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.5B | $1.7B | ||
| Q1 25 | $1.4B | $1.7B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.4B | $1.6B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $1.0B | $1.6B |
负债/权益比CSWPLAB
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | 0.75× | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | 0.27× | 0.00× |
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 | $28.9M | $50.1M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $25.2M |
| 自由现金流率自由现金流/营收 | 9.8% | 12.0% |
| 资本支出强度资本支出/营收 | 2.6% | 11.8% |
| 现金转化率经营现金流/净利润 | 2.81× | 2.19× |
| 过去12个月自由现金流最近4个季度 | $162.0M | $64.5M |
8季度趋势，按日历期对齐
经营现金流CSWPLAB
| Q4 25 | $28.9M | — | ||
| Q3 25 | $61.8M | $50.1M | ||
| Q2 25 | $60.6M | $31.5M | ||
| Q1 25 | $27.3M | $78.5M | ||
| Q4 24 | $11.6M | $68.4M | ||
| Q3 24 | $66.8M | $75.1M | ||
| Q2 24 | $62.7M | $76.5M | ||
| Q1 24 | $22.4M | $41.5M |
自由现金流CSWPLAB
| Q4 25 | $22.7M | — | ||
| Q3 25 | $58.7M | $25.2M | ||
| Q2 25 | $57.7M | $-29.1M | ||
| Q1 25 | $22.8M | $43.3M | ||
| Q4 24 | $8.5M | $25.2M | ||
| Q3 24 | $61.3M | $50.7M | ||
| Q2 24 | $59.6M | $56.5M | ||
| Q1 24 | $17.5M | $-1.8M |
自由现金流率CSWPLAB
| Q4 25 | 9.8% | — | ||
| Q3 25 | 21.2% | 12.0% | ||
| Q2 25 | 21.9% | -13.8% | ||
| Q1 25 | 9.9% | 20.4% | ||
| Q4 24 | 4.4% | 11.3% | ||
| Q3 24 | 26.9% | 24.0% | ||
| Q2 24 | 26.3% | 26.0% | ||
| Q1 24 | 8.3% | -0.8% |
资本支出强度CSWPLAB
| Q4 25 | 2.6% | — | ||
| Q3 25 | 1.1% | 11.8% | ||
| Q2 25 | 1.1% | 28.7% | ||
| Q1 25 | 2.0% | 16.6% | ||
| Q4 24 | 1.6% | 19.4% | ||
| Q3 24 | 2.4% | 11.6% | ||
| Q2 24 | 1.4% | 9.2% | ||
| Q1 24 | 2.3% | 20.0% |
现金转化率CSWPLAB
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | 2.19× | ||
| Q2 25 | 1.48× | 3.55× | ||
| Q1 25 | 0.78× | 1.83× | ||
| Q4 24 | 0.43× | 2.02× | ||
| Q3 24 | 1.85× | 2.18× | ||
| Q2 24 | 1.62× | 2.11× | ||
| Q1 24 | 0.71× | 1.59× |
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
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
PLAB
| High End Integrated Circuits | $53.6M | 25% |
| High End Flat Panel Displays | $53.5M | 25% |
| KR | $43.7M | 21% |
| Other | $42.1M | 20% |
| Mainstream Flat Panel Displays | $9.1M | 4% |
| Transferred At Point In Time | $8.4M | 4% |
