Hikvision annual revenue was ¥49.84 b in FY 2018

Hikvision Gross profit (H1, 2019)11.1 B

Hikvision Gross profit margin (H1, 2019), %46.3%

Hikvision Net income (H1, 2019)4.2 B

Hikvision Cash, 30-Sept-201921.2 B

Hikvision revenue was ¥49.84 b in FY, 2018 which is a 18.9% year over year increase from the previous period.

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

CNY | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Revenue | 25.3b | 31.9b | 41.9b | 49.8b |

| 26% | 31% | 19% | |

## Cost of goods sold | 15.1b | 18.7b | 23.5b | 27.5b |

## Gross profit | 10.1b | 13.3b | 18.4b | 22.4b |

| 40% | 42% | 44% | 45% |

## Sales and marketing expense | 2.2b | 3.0b | 4.4b | 5.9b |

## R&D expense | 1.7b | 2.4b | 3.2b | 4.5b |

## General and administrative expense | 488.6m | 675.9m | 1.0b | 1.4b |

## Operating expense total | 4.9b | 6.7b | 7.8b | 11.8b |

## Interest expense | 75.8m | 143.8m | 144.5m | 154.6m |

## Interest income | 159.4m | 184.5m | 270.2m | 445.0m |

## Investment income | 148.7m | 40.5m | 44.7m | 51.9m |

## Pre tax profit | 6.8b | 8.3b | 10.5b | 12.4b |

## Income tax expense | 867.6m | 889.9m | 1.1b | 1.1b |

## Net Income | 5.9b | 7.4b | 9.4b | 11.4b |

CNY | H1, 2016 | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|---|

## Revenue | 12.6b | 16.4b | 20.9b | 23.9b |

## Cost of goods sold | 7.5b | 9.4b | 11.6b | 12.8b |

## Gross profit | 5.0b | 7.0b | 9.3b | 11.1b |

| 40% | 43% | 44% | 46% |

## Sales and marketing expense | 1.2b | 1.7b | 2.6b | 3.2b |

## R&D expense | 2.5b | |||

## General and administrative expense | 731.1m | |||

## Operating expense total | 2.7b | 3.2b | 4.8b | 6.4b |

## Interest expense | 61.2m | 81.7m | 81.8m | 93.0m |

## Interest income | 117.5m | 159.4m | 217.4m | 293.0m |

## Investment income | 26.5m | 49.7m | 78.3m | 21.2m |

## Pre tax profit | 3.0b | 3.8b | 4.8b | 5.2b |

## Income tax expense | 432.5m | 568.7m | 665.8m | 933.9m |

## Net Income | 2.6b | 3.3b | 4.1b | 4.2b |

CNY | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Cash | 10.1b | 13.6b | 16.5b | 26.6b |

## Accounts Receivable | 8.1b | 11.2b | 14.7b | 19.2b |

## Inventories | 2.8b | 3.8b | 4.9b | 5.7b |

## Current Assets | 26.7b | 36.5b | 44.7b | 53.6b |

## Goodwill | 117.9m | 248.4m | 249.0m | 212.3m |

## Total Assets | 30.3b | 41.3b | 51.6b | 63.5b |

## Accounts Payable | 6.1b | 7.9b | 10.9b | 10.8b |

## Dividends Payable | 24.1m | 20.1m | 94.9m | |

## Short-term debt | 876.6m | 32.3m | 97.1m | 3.5b |

## Current Liabilities | 10.3b | 12.1b | 17.2b | 24.7b |

## Long-term debt | 675.8m | 4.7b | 3.6b | 440.0m |

## Non-Current Liabilities | 744.6m | 4.7b | 3.8b | 810.8m |

## Total Debt | 1.6b | 4.7b | 3.6b | 3.9b |

## Total Liabilities | 11.0b | 16.9b | 21.0b | 25.5b |

## Common Stock | 4.1b | 6.1b | 9.2b | 9.2b |

## Retained Earnings | 12.2b | 14.9b | 16.6b | 22.4b |

## Total Equity | 19.3b | 24.5b | 30.6b | 38.0b |

## Debt to Equity Ratio | 0.1 x | 0.2 x | 0.1 x | 0.1 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.1 x |

## Financial Leverage | 1.6 x | 1.7 x | 1.7 x | 1.7 x |

CNY | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Net Income | 5.9b | 7.4b | 8.7b | 11.4b |

## Depreciation and Amortization | 155.5m | 240.7m | 175.9m | 479.7m |

## Accounts Receivable | (3.6b) | (3.6b) | (2.6b) | (2.4b) |

## Inventories | (541.2m) | (1.0b) | 171.3m | (1.0b) |

## Accounts Payable | 3.0b | 2.8b | 504.2m | 752.1m |

## Cash From Operating Activities | 3.2b | 6.2b | 7.4b | 48.2b |

## Capital Expenditures | (502.4m) | (911.4m) | (1.7b) | (2.1b) |

## Cash From Investing Activities | (75.2m) | (3.4b) | (1.2b) | 1.5b |

## Long-term Borrowings | (1.3b) | (5.1b) | (3.2b) | (8.6b) |

## Dividends Paid | (1.7b) | (2.9b) | (3.8b) | (4.7b) |

## Cash From Financing Activities | (118.8m) | 442.8m | (3.4b) | (805.4m) |

## Net Change in Cash | 2.9b | 3.5b | 2.5b | 10.0b |

## Free Cash Flow | 2.7b | 5.3b | 5.7b | 46.2b |

CNY | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|

## Cash From Operating Activities | (1.4b) | 397.8m | 3.5b | (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) | 986.1m | 1.3b | (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) |

## Dividends Paid | (31.4m) | (2.9b) | (2.9b) | (55.3m) | (3.8b) | (3.8b) | (91.0m) | (4.7b) | (4.7b) | (85.3m) | (5.7b) | (5.8b) |

## Cash From Financing Activities | 2.0b | (1.3b) | (466.1m) | 2.3b | (2.1b) | (3.0b) | 1.0b | (2.4b) | (2.6b) | 895.8m | (5.0b) | (4.5b) |

## Net Change in Cash | 914.3m | (155.1m) | 3.4b | 2.3b | (996.0m) | (577.3m) | (4.9b) | (3.1b) | 1.5b | (2.9b) | (2.4b) | (5.3b) |

## Free Cash Flow | (1.7b) | 45.3m | 3.3b | (3.3b) | (2.5b) | (890.0m) | (4.7b) | (3.2b) | 601.0m | (3.4b) | (1.2b) | (1.2b) |

CNY | Y, 2019 |
---|---|

## Debt/Equity | 0.2 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 1.7 x |

FY, 2016 | FY, 2017 | FY, 2018 | |
---|---|---|---|

## Branches | 76 | ||

## Countries Covered | 150 | ||

## Devices Connected, EZVIZ Cloud | 40 m | ||

## Partners, EZVIZ Cloud | 30 k | ||

## Patents Issued Yearly | 907 | 684 | 850 |

## Patents Issued Yearly, Invention | 435 | 93 | 116 |

## Patents Issued Yearly, Product Design | 333 | 443 | 464 |

## Patents Issued Yearly, Utility Models | 139 | 148 | 270 |

## Patents to Date | 1.25 k | 1.96 k | 2.81 k |

## Patents, Invention | 286 | 397 | 513 |

## Patents, Product Design | 642 | 1.09 k | 1.56 k |

## Patents, Utility Models | 317 | 471 | 741 |

## Software Copyrights | 605 | 769 | 881 |

## Software Copyrights Issued Yearly | 124 | 165 | 112 |

## Users, EZVIZ Cloud | 30 m |