Annual/Quarterly Financial Reports

2023 Annual Report

In recent years, the global economy and politics have suffered from severe external turmoil such as anti-globalization, public health event, inflation, and regional military conflicts. If Hikvision were a moving truck, strategic transformation would be like replacing the engine of the moving truck, which was made even more difficult by the exceptionally bumpy roads. Nevertheless, in 2023, Hikvision preliminarily completed the transformation of our AIoT strategy, recording a total operating revenue of RMB 89.34 billion with a year-on-year increase of 7.42%, and a net profit attributable to shareholders of the Company of RMB 14.11 billion with a year-on-year increase of 9.89%. We will continue to invest in research, production, and sales, firmly believing in stable and long-term development.

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