SECURITIES CODE: 002415.SZ
SECURITIES ABBREVIATION: HIKVISION
PUBLIC ANNOUNCEMENT: No. 2025-004
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.
2024 Fiscal Year Financial Preview
Hangzhou Hikvision Digital Technology Co., Ltd. (hereinafter referred to as "the Company") and
all members of the Board of Directors hereby guarantee that the information presented in this report
shall be truthful, accurate and complete of its contents and shall be free of any false records,
misleading statements or material omissions.
Note: The 2024 annual financial data provided in this announcement is preliminary accounting data,
which has been reviewed by internal audit. The certified public accountants’ audit has not been
performed yet. Differences may occur in the finalized audited financial report. Please pay attention
to the potential investment risk.
I. Key Accounting Data and Financial Indicators for Fiscal Year 2024
Unit：RMB
YoY Change
2024 2023
(%)
Revenue 92,485,545,703.86 89,341,177,610.40 3.52%
Operating Profit 14,284,639,363.55 16,039,575,528.98 -10.94%
Total Profit 14,316,515,409.43 16,099,215,632.11 -11.07%
Net Profit Attributable to
11,958,811,147.26 14,107,726,276.26 -15.23%
Owners of Parent Company
Net Profit Attributable to
Owners of Parent Company
11,796,542,391.06 13,665,962,325.65 -13.68%
Excluding Non-Recurring
Gains and Losses
Basic Earnings per Share 1.295 1.520 -14.80%
Weighted Average ROE (%) 15.32% 19.64% -4.32%
YoY Change
At December 31, 2024 At January 1, 2024
(%)
Total Assets 132,058,069,945.84 138,858,122,879.55 -4.90%
Total Owners’ Equity
Attributable to Owners of 80,650,145,947.16 76,354,265,540.14 5.63%
the Company
Share Capital Note 2 9,233,198,326 9,330,600,931 -1.04%
Net Assets per Share
Attributable to Owners of 8.735 8.183 6.75%
the Company
Note 1: The above data is filled out based on the Company’s consolidated statement. (The data of
the previous year and the beginning of the reporting period have been restated due to the
retrospective adjustment under common control consolidation.)
Note 2: During the reporting period, the Company's total share capital changed from9,330,600,931
shares to 9,233,198,326 shares due to the implementation of the repurchase and cancellation of
restricted shares.
II. Information about Preliminary Operational and Financial Results
In 2024, the growth rate of the Company's domestic business declined, while the overseas market
saw steady growth. The Company remained confident, continued to focus on technological
innovation, and strived to improve operational efficiency, promoting the stable development of its
business.
In 2024, the Company achieved revenue of RMB92,485,545,703.86, representing a year-over-year
growth of 3.52%; the operating profit was RMB14,284,639,363.55, a decrease of 10.94% over the
same period of the previous year; the total profit was RMB14,316,515,409.43, a decrease of 11.07%
over the same period of the previous year; the net profit attributable to owners of parent company
amounted to RMB11,958,811,147.26, a decrease of 15.23% over the year of 2023.
III. Documents Available for Reference
1. The comparative balance sheet and income statement signed and sealed by the person in charge
of the Company, the responsible person in charge of accounting work, and the person in charge of
accounting organization.
2. Internal audit report signed by the person in charge of the internal audit department.
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.
The Board of Directors
February 22, 2025
Note: This document is a translated version of the Chinese 2024 Fiscal Year Financial Preview
(“2024 年度业绩快报”), and the published announcement in the Chinese version shall prevail. The
Chinese 2024 Fiscal Year Financial Preview document may be obtained at www.cninfo.com.cn.
