Hangzhou Hikvision Digital Technology Co., Ltd. (SHE:002415)

SHE:002415 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	92,518	91,848	88,736	82,542	80,803
Other Revenue	-	647.37	605.65	624.12	616.89
Revenue	92,518	92,496	89,341	83,166	81,420
Revenue Growth (YoY)	0.02%	3.53%	7.42%	2.15%	28.21%
Cost of Revenue	-	52,398	50,200	48,470	45,764
Gross Profit	92,518	40,097	39,141	34,696	35,656
Selling, General & Admin	-	15,147	13,518	12,424	10,724
Research & Development	-	11,864	11,393	9,806	8,246
Other Operating Expenses	75,539	-1,273	-1,260	-1,175	-1,494
Operating Expenses	75,539	26,669	24,390	21,580	18,056
Operating Income	16,978	13,429	14,751	13,116	17,600
Interest Expense	-	-397.22	-463.96	-317.31	-249.4
Interest & Investment Income	-	1,065	1,130	1,140	1,060
Currency Exchange Gain (Loss)	-	-285.46	208.17	425.42	-478.8
Other Non Operating Income (Expenses)	50.36	-222.87	-130.95	-92.44	-27.38
EBT Excluding Unusual Items	17,029	13,588	15,495	14,272	17,904
Gain (Loss) on Sale of Investments	-	47.76	22.68	-155.57	-38.2
Gain (Loss) on Sale of Assets	-	-14.54	-5.67	-18.62	26.07
Asset Writedown	-	-0.32	-4.83	-42.03	-
Other Unusual Items	-	722.54	591.95	798.72	576.31
Pretax Income	17,029	14,343	16,099	14,855	18,468
Income Tax Expense	2,841	1,202	943.31	1,297	957.49
Earnings From Continuing Operations	14,188	13,141	15,156	13,558	17,511
Minority Interest in Earnings	-	-1,164	-1,048	-720.43	-710.31
Net Income	14,188	11,977	14,108	12,838	16,800
Net Income to Common	14,188	11,977	14,108	12,838	16,800
Net Income Growth	18.46%	-15.10%	9.89%	-23.59%	25.51%
Shares Outstanding (Basic)	9,183	9,235	9,281	9,371	9,282
Shares Outstanding (Diluted)	9,183	9,235	9,281	9,371	9,303
Shares Change (YoY)	-0.56%	-0.50%	-0.95%	0.73%	0.35%
EPS (Basic)	1.54	1.30	1.52	1.37	1.81
EPS (Diluted)	1.54	1.30	1.52	1.37	1.81
EPS Growth	19.12%	-14.67%	10.95%	-24.14%	25.07%
Free Cash Flow	-	8,598	12,574	6,408	9,610
Free Cash Flow Per Share	-	0.93	1.35	0.68	1.03
Dividend Per Share	-	0.700	0.900	0.700	0.900
Dividend Growth	-	-22.22%	28.57%	-22.22%	12.50%
Gross Margin	100.00%	43.35%	43.81%	41.72%	43.79%
Operating Margin	18.35%	14.52%	16.51%	15.77%	21.62%
Profit Margin	15.34%	12.95%	15.79%	15.44%	20.63%
Free Cash Flow Margin	-	9.30%	14.07%	7.71%	11.80%
EBITDA	18,549	14,999	16,153	14,124	18,426
EBITDA Margin	20.05%	16.22%	18.08%	16.98%	22.63%
D&A For EBITDA	1,570	1,570	1,402	1,008	825.74
EBIT	16,978	13,429	14,751	13,116	17,600
EBIT Margin	18.35%	14.52%	16.51%	15.77%	21.62%
Effective Tax Rate	16.68%	8.38%	5.86%	8.73%	5.18%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.