Hikvision

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Hikvision 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, financial institutions, and energy, as well as intelligent buildings, smart home tech, industrial automation, and automotive electronics.

TypePublic
Founded2001
HQHangzhou Shi, CNMap
Websitehikvision.com
Employee Ratings3.3More
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Latest Updates

Employees (est.) (Dec 2019)40,403(+18%)
Revenue (FY, 2018)¥49.8 B(+19%)
Share Price (Oct 2020)¥39.2
Cybersecurity ratingFMore

Key People/Management at Hikvision

Chen Zongnian

Chen Zongnian

Chairman
Gong Hongjia

Gong Hongjia

Vice Chairman
Hu Yangzhong

Hu Yangzhong

Director, General Manager (CEO)
Xi Ming Xu

Xi Ming Xu

Senior Vice President
John Xiao

John Xiao

VIce President, Business Development & Solutions
Jeffrey He

Jeffrey He

Vice President, International Public Affairs
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Hikvision Office Locations

Hikvision has offices in Hangzhou Shi, City of Industry, Macquarie Park, Mount Waverley and in 31 other locations
Hangzhou Shi, CN (HQ)
555 Qianmo Rd, Binjiang Qu
Macquarie Park, AU
14a/2 Eden Park Dr
Mount Waverley, AU
Factory 12/475 Blackburn Rd
Bakı, AZ
90 A Nizami
São Paulo, BR
Praça Professor José Lannes, 40 - 15º andar - Cidade Monções
Quebec, CA
4848 Rue Levy, Saint-Laurent
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Hikvision Financials and Metrics

Hikvision Revenue

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Hikvision's revenue was reported to be ¥49.84 b in FY, 2018 which is a 18.9% increase from the previous period.
CNY

Revenue (H1, 2019)

23.9b

Gross profit (H1, 2019)

11.1b

Gross profit margin (H1, 2019), %

46.3%

Net income (H1, 2019)

4.2b

Market capitalization (15-Oct-2020)

359.9b

Closing stock price (15-Oct-2020)

39.2

Cash (30-Sept-2019)

21.2b

EV

346.9b
Hikvision's current market capitalization is ¥359.9 b.
Annual
CNYFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

25.3b31.9b41.9b49.8b

Revenue growth, %

26%31%19%

Cost of goods sold

15.1b18.7b23.5b27.5b

Gross profit

10.1b13.3b18.4b22.4b
Half Year
CNYH1, 2016H1, 2017H1, 2018H1, 2019

Revenue

12.6b16.4b20.9b23.9b

Cost of goods sold

7.5b9.4b11.6b12.8b

Gross profit

5.0b7.0b9.3b11.1b

Gross profit Margin, %

40%43%44%46%
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Annual
CNYFY, 2015FY, 2016FY, 2017FY, 2018

Cash

10.1b13.6b16.5b26.6b

Accounts Receivable

8.1b11.2b14.7b19.2b

Inventories

2.8b3.8b4.9b5.7b

Current Assets

26.7b36.5b44.7b53.6b
Quarterly
CNYQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

16.2b13.2b13.2b11.4b13.8b18.3b23.7b21.8b21.2b

Accounts Receivable

12.0b13.3b15.2b16.0b16.9b18.2b17.0b19.5b22.3b

Inventories

4.4b4.9b5.4b5.3b5.5b5.8b5.9b8.6b9.8b

Current Assets

37.7b36.1b38.5b42.6b41.7b46.2b50.5b53.9b57.3b
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Annual
CNYFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

5.9b7.4b8.7b11.4b

Depreciation and Amortization

155.5m240.7m175.9m479.7m

Inventories

(541.2m)(1.0b)171.3m(1.0b)

Accounts Payable

3.0b2.8b504.2m752.1m
Quarterly
CNYQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash From Operating Activities

(1.4b)397.8m3.5b(3.0b)(1.9b)95.8m(3.9b)(1.6b)2.6b(3.0b)(431.1m)124.3m

Capital Expenditures

(224.7m)(352.5m)(217.4m)(299.3m)(510.6m)(985.9m)(822.3m)(1.6b)(2.0b)(382.1m)(730.5m)(1.3b)

Cash From Investing Activities

(1.5b)(704.1m)(354.0m)(3.1b)(3.2b)(2.7b)(1.7b)986.1m1.3b(447.2m)(684.7m)(1.3b)

Long-term Borrowings

(2.6b)(3.7b)(594.8m)(1.7b)(2.7b)(4.6b)(304.1m)(1.7b)(4.8b)(4.2b)(4.7b)(3.3b)
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CNYFY, 2015

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x
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Hikvision Operating Metrics

FY, 2016FY, 2017FY, 2018

Branches

76

Countries Covered

150

Patents Issued Yearly

907 684 850

Patents to Date

1.25 k1.96 k2.81 k
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Hikvision Acquisitions / Subsidiaries

Company NameDateDeal Size
Hangzhou Haikang Ximu Intelligent Technology Co.April 30, 2017¥9.78 m
Pyronix LtdMay 20, 2016
Secure Holdings LimitedMay 19, 2016¥178.27 m
Hangzhou ZhichengJanuary 26, 2016¥24 m
Beijing Brainaire Storage Technology Co., Ltd.
Beijing Hikvision Security Technology Services Co., Ltd.
Chengdu Hikvision Digital Technology Co., Ltd.
Chongqing Hikvision Science and Technology Co., Ltd.
Chongqing Hikvision System Technology Co., Ltd.
Cooperative Hikvision Europe U.A.
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Hikvision Cybersecurity Score

Cybersecurity ratingPremium dataset

F

47/100

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Hikvision Revenue Breakdown

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Hikvision revenue breakdown by business segment: 15.5% from Central Control Equipment, 51.1% from Front-End Equipment, 14.1% from Others, 14.4% from Back-End Equipment and 4.8% from Other

Hikvision revenue breakdown by geographic segment: 7.0% from Overseas and 93.0% from Domestic

Hikvision Online and Social Media Presence

Hikvision's Trends

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Hikvision News and Updates

October 15, 2020

Hikvision releases ColorVu 2.0 cameras now with 4K and varifocal options

HANGZHOU, China, Oct. 15, 2020 /PRNewswire/ -- Hikvision, an IoT solution provider with video as its core competency, announced its new generation of ColorVu cameras for more vivid 24/7 colorful imaging, and has first included 4K and varifocal options in the full-color offerings. In video...
September 15, 2020

Hikvision bringt AX PRO auf den Markt - für umfassende drahtlose Alarmlösungen

HANGZHOU, China, 15. September 2020 /PRNewswire/ -- Hikvision, ein Anbieter von IoT-Lösungen mit Video als Kernkompetenz, hat seine neue Generation drahtloser Alarmsysteme angekündigt: das „AX PRO". Das System bietet umfassende Alarmlösungen sowohl beim Einsatz in privaten als auch in...
September 08, 2020

Hikvision lance AX PRO pour des solutions d'alarme sans fil complètes

HANGZHOU, Chine, 8 septembre 2020 /PRNewswire/ -- Hikvision, un fournisseur de solutions IdO dont la vidéo est la compétence principale, a annoncé sa nouvelle génération de systèmes d'alarme sans fil, l'AX PRO, offrant des solutions d'alarme complètes pour les applications résidentielles...
September 07, 2020

A Hikvision lança o AX PRO, com soluções amplas de alarme sem fio

HANGZHOU, China, 7 de setembro de 2020 /PRNewswire/ -- A Hikvision, uma provedora de soluções da Internet das coisas (IoT) que tem o vídeo como sua principal competência, anunciou a nova geração de sistemas de alarme sem fio, o AX PRO, oferecendo amplas soluções de alarme para residências...
July 30, 2020

Hikvision releases 2020 H1 financial results

HANGZHOU, China, July 30, 2020 /PRNewswire/ -- Hikvision, an IoT solution provider with video as its core competency, has released its financial results for the first half of 2020. During the period, Hikvision generated a revenue of RMB 24.27 billion with a year-over-year (YoY) increase...
July 23, 2020

Fortran Corporation Receives Purchase Order From Caldwell County School District for 11 Hikvision Thermal Imaging Temperature Sensing Cameras

Conover, NC, July 23, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Fortran Corporation (OTC: FRTN) a leading telecommunications system integrator and distributor of Hikvision thermal graphic temperature sensing cameras, is pleased to announce B and L Telephone, LLC, one of Fortran’s wholly owned s…
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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 Hu Yangzhong.

  • How many employees does Hikvision have?

    Hikvision has 40,403 employees.

  • What is Hikvision revenue?

    Latest Hikvision annual revenue is ¥49.8 b.

  • What is Hikvision revenue per employee?

    Latest Hikvision revenue per employee is ¥1.2 m.

  • Who are Hikvision competitors?

    Competitors of Hikvision include Motorola Solutions, ADT and MOBOTIX.

  • 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, Macquarie Park, Mount Waverley and in 31 other locations.

  • How many offices does Hikvision have?

    Hikvision has 35 offices.