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

SHE:002415 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	92,562	91,848	88,736	82,542	80,803	62,879
Other Revenue	647.37	647.37	605.65	624.12	616.89	624.34
Revenue	93,210	92,496	89,341	83,166	81,420	63,503
Revenue Growth (YoY)	2.48%	3.53%	7.42%	2.15%	28.21%	10.14%
Cost of Revenue	52,906	52,398	50,200	48,470	45,764	34,319
Gross Profit	40,304	40,097	39,141	34,696	35,656	29,185
Selling, General & Admin	15,293	15,147	13,518	12,424	10,724	9,179
Research & Development	11,865	11,864	11,393	9,806	8,246	6,368
Other Operating Expenses	-1,240	-1,273	-1,260	-1,175	-1,494	-1,324
Operating Expenses	26,931	26,669	24,390	21,580	18,056	14,330
Operating Income	13,373	13,429	14,751	13,116	17,600	14,855
Interest Expense	-314.87	-397.22	-463.96	-317.31	-249.4	-223.39
Interest & Investment Income	912.82	1,065	1,130	1,140	1,060	892.12
Currency Exchange Gain (Loss)	-285.46	-285.46	208.17	425.42	-478.8	-869.07
Other Non Operating Income (Expenses)	83.01	-222.87	-130.95	-92.44	-27.38	-106.53
EBT Excluding Unusual Items	13,769	13,588	15,495	14,272	17,904	14,548
Gain (Loss) on Sale of Investments	15.13	47.76	22.68	-155.57	-38.2	85.46
Gain (Loss) on Sale of Assets	-6.18	-14.54	-5.67	-18.62	26.07	-5.84
Asset Writedown	-80.59	-0.32	-4.83	-42.03	-	-
Other Unusual Items	722.54	722.54	591.95	798.72	576.31	645.69
Pretax Income	14,420	14,343	16,099	14,855	18,468	15,273
Income Tax Expense	1,270	1,202	943.31	1,297	957.49	1,595
Earnings From Continuing Operations	13,150	13,141	15,156	13,558	17,511	13,678
Minority Interest in Earnings	-1,050	-1,164	-1,048	-720.43	-710.31	-292.79
Net Income	12,100	11,977	14,108	12,838	16,800	13,386
Net Income to Common	12,100	11,977	14,108	12,838	16,800	13,386
Net Income Growth	-14.86%	-15.10%	9.89%	-23.59%	25.51%	7.82%
Shares Outstanding (Basic)	9,227	9,235	9,281	9,371	9,282	9,263
Shares Outstanding (Diluted)	9,227	9,235	9,281	9,371	9,303	9,270
Shares Change (YoY)	-0.62%	-0.50%	-0.95%	0.73%	0.35%	0.28%
EPS (Basic)	1.31	1.30	1.52	1.37	1.81	1.45
EPS (Diluted)	1.31	1.30	1.52	1.37	1.81	1.44
EPS Growth	-14.33%	-14.67%	10.95%	-24.14%	25.07%	7.52%
Free Cash Flow	10,897	8,598	12,574	6,408	9,610	14,085
Free Cash Flow Per Share	1.18	0.93	1.35	0.68	1.03	1.52
Dividend Per Share	0.700	0.700	0.900	0.700	0.900	0.800
Dividend Growth	-22.22%	-22.22%	28.57%	-22.22%	12.50%	14.29%
Gross Margin	43.24%	43.35%	43.81%	41.72%	43.79%	45.96%
Operating Margin	14.35%	14.52%	16.51%	15.77%	21.62%	23.39%
Profit Margin	12.98%	12.95%	15.79%	15.44%	20.63%	21.08%
Free Cash Flow Margin	11.69%	9.30%	14.07%	7.71%	11.80%	22.18%
EBITDA	14,986	14,999	16,153	14,124	18,426	15,655
EBITDA Margin	16.08%	16.22%	18.08%	16.98%	22.63%	24.65%
D&A For EBITDA	1,613	1,570	1,402	1,008	825.74	800.65
EBIT	13,373	13,429	14,751	13,116	17,600	14,855
EBIT Margin	14.35%	14.52%	16.51%	15.77%	21.62%	23.39%
Effective Tax Rate	8.80%	8.38%	5.86%	8.73%	5.18%	10.44%

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