Hillstone Networks Co., Ltd.

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Hillstone Networks Co., Ltd. - overview

Established

2007

Location

Suzhou, Jiangsu, China

Primary Industry

IT Security/Cybersecurity

About

Founded in 2007 and based in Suzhou, China, Hillstone Networks Co. , Ltd. operates as an IT security network company that focuses on providing network security solutions and related services. It was recognized as the National High-tech Enterprise.


The company has branch offices in Beijing, Suzhou, Guangzhou, and other cities. It cooperated with Longson Technology, Centec Networks, and other enterprises. In June 2018, Hillstone Networks Co. , Ltd.


closed a strategic investment. In September 2019, the company was listed on the Shanghai Stock Exchange. The company mainly provides network security solutions. Its business covers cloud computing security, border security, intranet security, data security, intelligent analysis and management, etc.


The product "Intelligent Firewall" is based on the independently developed security operating system StoneOS, and uses intelligent correlation analysis methods to achieve reputation-based security management and control. The company generates revenue by providing network security solutions.


Current Investors

NLVC, China Development Bank Capital, China Everbright

Primary Industry

IT Security/Cybersecurity

Sub Industries

Data Centers, IT Security/Cybersecurity

Website

www.hillstonenet.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Hillstone Networks Co., Ltd. - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)326,522,580.5463,058,591.8562,276,794.5670,692,784.2718,985,116.71,026,948,139.1811,596,111---
% Revenue Growth (YoY)-41.8%21.4%19.3%7.2%42.8%(21.0%)---
EBITDA (USD)---113,025,562.671,923,766.393,891,151.5(180,563,311)---
Operating Income (USD)(26,329,297.2)61,537,401.679,011,972.196,036,437.448,248,440.559,726,492.8(223,898,106.5)---
Operating Margin(8.1%)13.3%14.1%14.3%6.7%5.8%(27.6%)---
% EBITDA Margin---16.9%10.0%9.1%(22.2%)---
NET Income (USD)1,184,980.860,052,240.468,911,741.991,046,079.860,171,542.474,782,930.8(183,984,897.1)---
% Net Margin0.4%13.0%12.3%13.6%8.4%7.3%(22.7%)---
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