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深信服 — Financial Statements
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
+Revenue 7.5B 7.7B 7.4B 6.8B 5.5B
Revenue Growth % -1.9% 3.4% 8.9% 24.7% --
Total Revenue 7.5B 7.7B 7.4B 6.8B 5.5B
Cost Of Revenue 2.9B 2.7B 2.7B 2.3B 1.6B
+Gross Profit 4.6B 5.0B 4.7B 4.5B 3.8B
Gross Margin % 61.5% 65.1% 63.8% 65.5% 70.0%
Total Operating Cost 7.8B 7.9B 7.6B 7.0B 5.2B
Selling Expenses 2.5B 2.7B 2.4B 2.3B 1.8B
Admin Expenses 382.0M 372.0M 390.0M 392.0M 272.0M
Rd Expenses 2.1B 2.3B 2.2B 2.1B 1.5B
Finance Expenses -198.0M -212.0M -195.0M -201.0M -137.0M
+Operating Income 211.0M 209.0M 204.0M 249.0M 761.0M
Operating Margin % 2.8% 2.7% 2.8% 3.7% 13.9%
Non Operating Income 4.5M 6.5M 22.2M 14.2M 10.0M
Non Operating Expenses 11.4M 11.7M 7.5M 7.0M 5.1M
Investment Income 112.0M 72.5M 27.2M 65.9M 23.7M
Fair Value Change Income 5.2M 1.4M 16.0M -4.7M 80.4M
Asset Disposal Income 148,400 234,600 474,000 378,800 --
Asset Impairment Loss 21.2M 8.6M 6.5M 15.3M 1.8M
Other Income 350.0M 373.0M 394.0M 423.0M 368.0M
Income Before Tax 204.0M 204.0M 219.0M 256.0M 766.0M
Income Tax 7.6M 5.0M 24.5M -16.4M -43.9M
+Net Income 197.0M 199.0M 194.0M 273.0M 809.0M
Net Margin % 2.6% 2.6% 2.6% 4.0% 14.8%
Net Income Attributable 197.0M 198.0M 194.0M 273.0M 809.0M
Minority Interest -172,000 845,400 -- -- --
Eps Basic 0.47 0.47 0.47 0.67 2.01
Eps Diluted 0.47 0.47 0.47 0.66 1.99
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 525.0M 737.0M 1.4B 579.0M 589.0M
Trading Financial Assets 2.1B 2.0B 1.5B 1.5B 1.9B
Accounts Receivable 727.0M 882.0M 809.0M 548.0M 494.0M
Notes Receivable 99.4M 21.1M 12.2M 15.7M 6.4M
Notes And Accounts Receivable 826.0M 903.0M 821.0M 564.0M 500.0M
Prepayments 28.3M 29.5M 23.0M 31.3M 39.0M
Inventory 340.0M 383.0M 274.0M 350.0M 180.0M
Total Current Assets 6.9B 7.0B 6.0B 5.3B 5.2B
Long Term Equity Investment 474.0M 410.0M 394.0M 365.0M 29.7M
Fixed Assets -- 312.0M 377.0M 348.0M 281.0M
Fixed Assets Total 837.0M 312.0M 377.0M 348.0M 281.0M
Construction In Progress -- 492.0M 325.0M 137.0M 49.7M
Construction In Progress Total 292.0M 492.0M 325.0M 137.0M 49.7M
Intangible Assets 267.0M 271.0M 275.0M 283.0M 293.0M
Long Term Deferred Expenses 22.8M 45.8M 55.1M 39.0M 34.6M
Total Non Current Assets 8.3B 8.1B 6.2B 5.7B 4.4B
Total Assets 15.2B 15.0B 12.2B 10.9B 9.7B
Short Term Borrowings 200.0M 826.0M 791.0M 27.3M 322.0M
Accounts Payable 480.0M 603.0M 538.0M 404.0M 439.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 1.6B 1.3B 1.2B 1.2B 721.0M
Total Current Liabilities 4.2B 4.5B 3.9B 3.2B 2.9B
Long Term Borrowings -- -- -- -- 10.0M
Total Non Current Liabilities 1.8B 1.8B 555.0M 488.0M 219.0M
Total Liabilities 6.1B 6.2B 4.5B 3.6B 3.1B
Paid In Capital 422.0M 420.0M 416.0M 416.0M 414.0M
Capital Reserve 5.4B 5.2B 4.5B 4.2B 3.7B
Surplus Reserve 211.0M 210.0M 208.0M 208.0M 207.0M
Retained Earnings 3.2B 2.9B 2.7B 2.6B 2.4B
Minority Equity -- 2.3M -- -- --
Equity Attributable 9.2B 8.8B 7.7B 7.3B 6.5B
Total Equity 9.2B 8.8B 7.7B 7.3B 6.5B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 8.8B 8.7B 8.1B 8.2B 6.5B
Tax Refunds Received 344.0M 314.0M 333.0M 349.0M 330.0M
Total Operating Cash Inflow 9.9B 9.3B 8.7B 8.7B 7.0B
Cash Paid For Goods 2.4B 2.2B 2.1B 2.5B 1.5B
Cash Paid To Employees 4.0B 4.0B 4.4B 3.8B 2.8B
Taxes Paid 587.0M 625.0M 598.0M 584.0M 537.0M
Total Operating Cash Outflow 9.1B 8.4B 7.9B 7.7B 5.7B
Operating Cash Flow 812.0M 947.0M 746.0M 991.0M 1.3B
Total Investing Cash Inflow 10.5B 7.5B 7.3B 8.8B 3.0B
Total Investing Cash Outflow 10.7B 10.6B 7.7B 9.6B 5.2B
Investing Cash Flow -170.0M -3.1B -424.0M -741.0M -2.2B
Cash From Borrowings 907.0M 2.7B 821.0M 187.0M 316.0M
Dividends And Interest Paid 50.5M 20.0M 37.8M 87.9M 81.7M
Debt Repayments 1.5B 1.5B 58.0M 476.0M --
Total Financing Cash Inflow 1.0B 3.0B 831.0M 383.0M 1.2B
Total Financing Cash Outflow 1.9B 1.6B 336.0M 646.0M 87.9M
Financing Cash Flow -843.0M 1.4B 495.0M -263.0M 1.1B
Net Change In Cash -201.0M -728.0M 816.0M -15.5M 264.0M
Ending Cash Balance 459.0M 660.0M 1.4B 572.0M 587.0M
Capex 408.0M 328.0M 462.0M 350.0M 229.0M
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