10-K 年报仅提供 GAAP 数据 ·
| 指标 | FY2024 | FY2023 | Y/Y | FY2022 |
|---|---|---|---|---|
| 营收 Revenue | $51,574M | $35,819M | +44% | $33,203M |
| 毛利率 Gross Margin | 63.0% | 68.9% | -5.9 ppt | 66.5% |
| 研发费用 R&D | $9,310M | $5,253M | +77% | $4,919M |
| 销售及管理 SG&A | $4,959M | $1,592M | +211% | $1,382M |
| 折旧摊销 D&A | $10,010M | $3,835M | +161% | $4,984M |
| 股权激励 SBC | $5,670M | $2,171M | +161% | $1,533M |
| 营业利润 Operating Income | $13,463M | $16,207M | -17% | $14,225M |
| 利息费用 Interest Expense | $3,953M | $1,622M | +144% | $1,737M |
| 净利润 Net Income | $5,895M | $14,082M | -58% | $11,495M |
| 指标 | FY2024 | FY2023 | Y/Y | FY2022 |
|---|---|---|---|---|
| 每股收益 EPS | $1.23 | $3.30 | -63% | $2.65 |
| 稀释股数 Diluted Shares | 4,778M | 4,272M | +12% | 4,232M |
| 实际税率 Effective Tax Rate | 37.8% | 6.7% | +31.1 ppt | 7.5% |
| 板块 | 收入 | 占比 | QoQ | YoY |
|---|---|---|---|---|
| Semiconductor Solutions | $30,096M | 58.4% | — | +7% |
| Infrastructure Software | $21,478M | 41.6% | — | +181% |
| 板块 | 收入 | 占比 | QoQ | YoY |
|---|---|---|---|---|
| United States | $12,887M | 25.0% | — | +85% |
| China (incl. Hong Kong) | $10,483M | 20.3% | — | -9% |
| Singapore | $9,559M | 18.5% | — | +113% |
| Other | $18,645M | 36.2% | — | +45% |
| 项目 | 占比 |
|---|---|
| Largest Customer (Distributor) | 28.0% |
| Top 5 End Customers | 40.0% |
最大客户为分销商，占总收入 28%（FY2023 为 21%）；客户集中度有所上升
| 债务类型 | 金额 | 利率 | 到期日 |
|---|---|---|---|
| Senior Notes (Oct 2024) | $5,000M | 4.15%-4.80% fixed | 2028-2034 |
| Senior Notes (Jul 2024) | $5,000M | 5.05%-5.15% fixed | 2027-2031 |
| Term Loan A-3 | $5,595M | SOFR+1.125% | Nov 2026 |
| Term Loan A-5 | $8,000M | SOFR+1.375% | Nov 2028 |
| Senior Notes (Apr 2022) | $4,450M | 4.00%-4.926% fixed | 2029-2037 |
| Senior Notes (Sep 2021) | $6,000M | 3.137%-3.187% fixed | 2035-2036 |
| Senior Notes (Mar 2021) | $5,500M | 3.419%-3.469% fixed | 2033-2034 |
| Senior Notes (Jan 2021) | $10,000M | 1.95%-3.75% fixed | 2028-2051 |
| Senior Notes (Jun 2020) | $1,870M | 3.459%-4.11% fixed | 2026-2028 |
| Senior Notes (May 2020) | $4,756M | 3.15%-4.30% fixed | 2025-2032 |
| Senior Notes (Apr 2020) | $606M | 5.00% fixed | Apr 2030 |
| Senior Notes (Apr 2019) | $1,655M | 4.75% fixed | Apr 2029 |
| Senior Notes (2017) | $4,194M | 3.125%-3.875% fixed | 2025-2028 |
| Assumed VMware Senior Notes | $7,000M | 1.40%-4.70% fixed | 2025-2031 |
| Assumed CA Senior Notes | $215M | 4.70% fixed | Mar 2027 |
| Other Senior Notes | $6M | 4.50% fixed | Aug 2034 |
本年度数据
| 指标 | FY2024 | FY2023 | 变化 |
|---|---|---|---|
| 暂无动态指标配置 | |||
以下观点摘自 10-K MD&A 管理层讨论章节（非 CEO 引言，10-K 不含新闻稿）
"半导体业务收入增长受益于网络产品的强劲需求，尤其是 AI 网络产品，但被宽带和服务器存储产品需求下滑部分抵消。"
"基础设施软件业务收入增长主要来自 VMware 的贡献。"
"FY2024 所得税费用大幅增加，主要因供应链重组导致的一次性集团内部 IP 权利转让至美国的影响。"
| 指标 | 数值 | 备注 |
|---|---|---|
| income_from_continuing_operations | $6,168M | FY2024 含已终止 EUC 业务亏损 $273M（净），持续经营净利润为 $6,168M，高于总净利润 $5,895M |
| diluted_eps_continuing | $1.29 | 持续经营业务的稀释 EPS 为 $1.29，已终止业务拖累 $0.06/share |
| vmware_revenue_contribution | $12,384M | VMware 于 2023年11月22日并入，FY2024 贡献净收入约 $12.4B |
| accounts_receivable_factoring | $5,900M | FY2024 无追索权出售应收账款 $5.9B（FY2023 为 $3.975B），DSO 被人为压低 |
| contract_assets | $4,402M | 合同资产 FY2024 达 $4,402M（FY2023 为 $955M），反映软件收入确认节奏与客户付款时间差异 |
| stock_split | 10:1 | 2024年7月12日完成十拆一股票分割，所有每股数据已追溯调整 |