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

Hangzhou Hikvision Digital Technology Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	92,451	88,736	82,542	80,803	62,879	57,081
Other Revenue	604.33	604.33	624.12	616.89	624.34	577.4
Revenue	93,055	89,340	83,166	81,420	63,503	57,658
Revenue Growth (YoY)	9.84%	7.42%	2.14%	28.21%	10.14%	15.69%
Cost of Revenue	52,215	50,104	48,470	45,764	34,319	31,338
Gross Profit	40,840	39,236	34,696	35,656	29,185	26,320
Selling, General & Admin	14,822	13,621	12,424	10,724	9,179	9,088
Research & Development	11,947	11,384	9,806	8,246	6,368	5,475
Other Operating Expenses	-1,587	-1,337	-1,175	-1,494	-1,324	-1,069
Operating Expenses	25,981	24,408	21,580	18,056	14,330	13,697
Operating Income	14,859	14,827	13,116	17,600	14,855	12,623
Interest Expense	-452.94	-463.96	-317.31	-249.4	-223.39	-263.96
Interest & Investment Income	1,135	1,130	1,140	1,060	892.12	757.57
Currency Exchange Gain (Loss)	208.17	208.17	425.42	-478.8	-869.07	211.94
Other Non Operating Income (Expenses)	-551.5	-198.1	-92.44	-27.38	-106.53	-47.99
EBT Excluding Unusual Items	15,198	15,504	14,272	17,904	14,548	13,281
Gain (Loss) on Sale of Investments	-53.79	22.68	-155.57	-38.2	85.46	15.32
Gain (Loss) on Sale of Assets	-12.24	-10.51	-18.62	26.07	-5.84	-2.05
Asset Writedown	-0.11	-	-42.03	-	-	-
Other Unusual Items	582.99	582.99	798.72	576.31	645.69	461.24
Pretax Income	15,715	16,099	14,855	18,468	15,273	13,755
Income Tax Expense	1,150	943.24	1,297	957.49	1,595	1,290
Earnings From Continuing Operations	14,565	15,156	13,558	17,511	13,678	12,465
Minority Interest in Earnings	-1,201	-1,048	-720.43	-710.31	-292.79	-50.6
Net Income	13,364	14,108	12,838	16,800	13,386	12,415
Net Income to Common	13,364	14,108	12,838	16,800	13,386	12,415
Net Income Growth	4.01%	9.89%	-23.59%	25.51%	7.82%	9.36%
Shares Outstanding (Basic)	9,212	9,281	9,371	9,282	9,263	9,244
Shares Outstanding (Diluted)	9,212	9,281	9,371	9,303	9,270	9,244
Shares Change (YoY)	-0.92%	-0.95%	0.73%	0.35%	0.28%	0.48%
EPS (Basic)	1.45	1.52	1.37	1.81	1.45	1.34
EPS (Diluted)	1.45	1.52	1.37	1.81	1.44	1.34
EPS Growth	4.98%	10.95%	-24.14%	25.07%	7.52%	8.83%
Free Cash Flow	9,200	12,575	6,408	9,610	14,085	5,840
Free Cash Flow Per Share	1.00	1.35	0.68	1.03	1.52	0.63
Dividend Per Share	0.900	0.900	0.700	0.900	0.800	0.700
Dividend Growth	28.57%	28.57%	-22.22%	12.50%	14.29%	16.67%
Gross Margin	43.89%	43.92%	41.72%	43.79%	45.96%	45.65%
Operating Margin	15.97%	16.60%	15.77%	21.62%	23.39%	21.89%
Profit Margin	14.36%	15.79%	15.44%	20.63%	21.08%	21.53%
Free Cash Flow Margin	9.89%	14.08%	7.71%	11.80%	22.18%	10.13%
EBITDA	16,506	16,200	14,124	18,426	15,655	13,298
EBITDA Margin	17.74%	18.13%	16.98%	22.63%	24.65%	23.06%
D&A For EBITDA	1,646	1,373	1,008	825.74	800.65	674.79
EBIT	14,859	14,827	13,116	17,600	14,855	12,623
EBIT Margin	15.97%	16.60%	15.77%	21.62%	23.39%	21.89%
Effective Tax Rate	7.32%	5.86%	8.73%	5.18%	10.44%	9.38%

Source: S&P Capital IQ. Standard template. Financial Sources.