Hikvision

OverviewSuggest Edit

Hikvision (海康威视总) is a provider of video-centered IoT solutions and big data services. The company specializes in video surveillance technology, as well as audio and video encoding, video image processing, and related data storage, along with cloud computing, big data, and deep learning. Its product line includes network and analog cameras, network video recorders, enterprise network storage solutions, intelligent storage solutions, and accessories. Hikvision serves a wide range of industries, including public security, transportation, education, healthcare, etc.
TypePublic
Founded2001
HQHangzhou Shi, CN
Websitehikvision.com
Employee Ratings3.3
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)42,685(+6%)
Job Openings1,302
Revenue (FY, 2021)¥80.2 B(+27%)
Share Price (Jun 2022)¥36.3(+6%)
Cybersecurity ratingFMore
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Key People/Management at Hikvision

Chen Zongnian

Chen Zongnian

Chairman
Gong Hongjia

Gong Hongjia

Vice Chairman
Xi Ming Xu

Xi Ming Xu

Senior Vice President
Jeffrey He

Jeffrey He

Corporate Vice President, Global Affairs
John Xiao

John Xiao

Vice President, Marketing. Hikvision USA
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Hikvision Office Locations

Hikvision has offices in Hangzhou Shi, City of Industry, Loganholme, Macquarie Park and in 53 other locations
Hangzhou Shi, CN (HQ)
555 Qianmo Rd, Binjiang Qu
Loganholme, AU
Level 2/3972 Pacific Hwy
Macquarie Park, AU
14a/2 Eden Park Dr
Mount Waverley, AU
Factory 12/475 Blackburn Rd
Bakı, AZ
90 A Nizami
Leuven, BE
Neringenweg 44
Show all (59)

Hikvision Financials and Metrics

Hikvision Revenue

Hikvision's revenue was reported to be ¥80.24 b in FY, 2021
CNY

Revenue (FY, 2021)

80.2b

Gross profit (FY, 2021)

35.5b

Net income (FY, 2021)

17.5b

EBITDA (FY, 2021)

16.8b

EBIT (FY, 2021)

18.2b

Market capitalization (21-Jun-2022)

327.3b

Closing stock price (21-Jun-2022)

36.3

Cash (31-Dec-2021)

34.7b

EV

302.2b
Hikvision's current market capitalization is ¥327.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2020FY, 2021

Revenue

49.8b57.7b62.5b63.5b80.2b

Revenue growth, %

19%16%

Cost of goods sold

27.5b31.1b(34.0b)34.0b(45.3b)

Gross profit

22.4b26.5b29.1b29.5b35.5b
Half Year
USDH1, 2019H1, 2020H1, 2021

Revenue

23.9b24.3b33.9b

Cost of goods sold

12.8b12.2b18.2b

Gross profit

11.1b12.1b15.7b

Gross profit Margin, %

46%50%46%
Quarterly
USDQ1, 2019Q3, 2019Q1, 2020Q3, 2020Q1, 2021Q3, 2021

Revenue

9.9b15.9b9.4b17.8b14.0b21.7b

Cost of goods sold

5.5b8.5b5.0b9.8b7.4b

Gross profit

4.5b7.4b4.5b8.0b6.5b

Gross profit Margin, %

45%47%47%45%47%
Annual
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Cash

26.6b27.1b35.5b34.7b

Accounts Receivable

16.6b21.3b23.3b26.2b

Prepaid Expenses

504.7m406.7m296.3m766.2m

Inventories

5.7b11.3b11.5b18.0b
Quarterly
CNYQ1, 2021Q2, 2021Q3, 2021

Cash

32.1b27.7b28.6b

Accounts Receivable

21.0b23.8b26.2b

Prepaid Expenses

358.1m388.1m643.6m

Inventories

13.3b15.1b19.1b
Annual
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

11.4b12.5b13.7b17.5b

Depreciation and Amortization

479.7m674.8m800.6m825.7m

Inventories

(1.0b)(5.7b)(496.2m)(5.9b)

Accounts Payable

752.1m3.8b3.1b4.0b
Quarterly
CNYQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash From Operating Activities

(4.0b)70.0m5.5b(2.0b)2.0b3.9b

Capital Expenditures

(545.9m)(1.4b)(1.6b)(600.6m)(1.3b)(2.1b)

Cash From Investing Activities

(824.5m)(1.5b)(1.8b)(559.9m)(1.1b)(2.1b)

Long-term Borrowings

(519.0m)(1.5b)(1.7b)(807.8m)(2.4b)(4.5b)
CNYFY, 2018

Revenue/Employee

1.4m
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Hikvision Operating Metrics

FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Branches

7666

Countries Covered

150150155

Patents Issued Yearly

9076848501.34 k1.27 k

Patents to Date

1.25 k1.96 k2.81 k4.12 k4.94 k

Hikvision Acquisitions / Subsidiaries

Company NameDateDeal Size
Hangzhou Haikang Ximu Intelligent Technology Co.April 30, 2017¥9.78 m
Pyronix LimitedMay 20, 2016
Secure Holdings LimitedMay 19, 2016¥178.27 m
Hangzhou ZhichengJanuary 26, 2016¥24 m
BK EESTI AKTSIASELTS
BK Grupė UAB
Chongqing Hikvision System Technology Co., Ltd.
Chongqing Hikvision Technology Co., Ltd.
Cooperative Hikvision Europe U.A.
EZVIZ Europe B.V.
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Hikvision Revenue Breakdown

Embed Graph

Hikvision revenue breakdown by business segment: 80.0% from MAIN PRODUCTS AND SERVICES and 20.0% from Other

Hikvision revenue breakdown by geographic segment: 73.0% from CHINA (PEOPLES REPUBLIC) and 27.0% from REST OF WORLD

Hikvision Cybersecurity Score

Cybersecurity ratingPremium dataset

F

49/100

SecurityScorecard logo

Hikvision Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Hikvision Online and Social Media Presence

Embed Graph

Hikvision Company Culture

  • Overall Culture

    B

    71/100

  • CEO Rating

    D-

    57/100

  • Compensation

    C+

    66/100

Learn more on Comparably

Hikvision News and Updates

Hikvision shares plummet after report that the Biden administration is considering more sanctions

Hikvision shares fell by 10% after a Financial Times report that the Biden administration is planning to impose more sanctions on the surveillance camera company, accusing it of enabling human right abuses. The Financial Times reports that the sanctions would have “far-reaching consequences because …

U.S. Considers Unprecedented Sanctions on China Tech Giant Hikvision

U.S. Considers Unprecedented Sanctions on China Tech Giant Hikvision

Hikvision releases full-year 2021 and first quarter 2022 financial results

HANGZHOU, China, April 25, 2022 /PRNewswire/ -- Hikvision has released its full-year 2021 financial results, reporting a total revenue of RMB 81.42 billion, and achieving a year-over-year (YoY) growth of 28.21%. The net profits attributable to shareholders of the company was RMB 16.80...

Widely-Used Hikvision Security Cameras Vulnerable To Remote Hijacking

Unpatched units are susceptible to remote hijacking, and the attacker doesn’t need a username or password to break in.

Hikvision announces its Webcam debut

HANGZHOU, China, June 1, 2021 /PRNewswire/ -- Hikvision, an IoT solution provider with video as its core competence, today announced the launch of its brand-new webcam products to the global market. The product family currently comprises four different series – Ultra, Pro, Live, and Value...

Hikvision unveils its digital showroom, bringing a new virtual experience to customers worldwide

HANGZHOU, China, May 20, 2021 /PRNewswire/ -- Hikvision, an IoT solution provider with video as its core competency, today announced the launch of the online Hikvision Digital Showroom. The showroom allows customers to explore core technologies, flagship products, and trending...
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Hikvision Frequently Asked Questions

  • When was Hikvision founded?

    Hikvision was founded in 2001.

  • Who are Hikvision key executives?

    Hikvision's key executives are Chen Zongnian, Gong Hongjia and Xi Ming Xu.

  • How many employees does Hikvision have?

    Hikvision has 42,685 employees.

  • What is Hikvision revenue?

    Latest Hikvision annual revenue is ¥80.2 b.

  • What is Hikvision revenue per employee?

    Latest Hikvision revenue per employee is ¥1.9 m.

  • Who are Hikvision competitors?

    Competitors of Hikvision include Axis Communications, Hanwha Group and Dahua.

  • Where is Hikvision headquarters?

    Hikvision headquarters is located at 555 Qianmo Rd, Binjiang Qu, Hangzhou Shi.

  • Where are Hikvision offices?

    Hikvision has offices in Hangzhou Shi, City of Industry, Loganholme, Macquarie Park and in 53 other locations.

  • How many offices does Hikvision have?

    Hikvision has 59 offices.