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Hikvision full year 2019 financial report

In 2019, Hikvision generated a total revenue of RMB 57.66 billion, having achieved a year-over-year (YoY) growth of 15.69 %, and net profits attributable to shareholders of the company was RMB 12.41 billion, reflecting a YoY growth of 9.36%. The total overseas revenue amounted to RMB 16.24 billion, with YoY growth of 14.43%. And the revenue in the domestic market (China) in 2019 was RMB 41.42 billion, with YoY growth of 16.20%.

Hikvision’s innovative businesses achieved solid growth in 2019. Particularly, the revenue of its smart home business in 2019 was RMB 2.59 billion, seeing a 58.38% YoY growth. And the robotics business generated a revenue of RMB 813.99 million, with a YoY growth of 23.88%.

Despite the emergence of new uncertainties in the external environment in 2020, Hikvision will proactively improve operating efficiency and manage risks to overcome the challenges and maintain steady development. Meanwhile, Hikvision will continuously provide advanced products and solutions through innovative technologies to help increase safety, efficiency and sustainability of communities and societies.