Hikvision (002415.SZ) announced 2024 annual results, with net profit of 11.977 billion yuan to mother, a year-on-year decrease of 15.10%

According to the Zhitong Finance App, Hikvision (002415.SZ) released its 2024 annual report. During the reporting period, the company achieved revenue of 92,496 billion yuan, an increase of 3.53% over the previous year. Achieved net profit attributable to shareholders of listed companies of 11.977 billion yuan, a year-on-year decrease of 15.10%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 11.815 billion yuan, a year-on-year decrease of 13.55%. Basic earnings per share were $1.297. It is proposed to distribute a cash dividend of 7.00 yuan (tax included) for every 10 shares to all shareholders.

The overall share of innovative businesses continues to rise. Major businesses such as Hikvision Robotics, Fluorite Network, and Hikvision have all achieved leading positions in their respective fields, becoming a strong guarantee for the company's business growth. The main overseas business has maintained good growth. The four major regions have adapted to local conditions, adopted business strategies adapted to local conditions, the channel business market share continues to increase, and project capabilities and experience have been continuously accumulated. Against the backdrop of high pressure in the domestic business environment, the development of digital business scenarios helped open up new space for the main domestic business and became the company's second growth curve.

In 2024, the total revenue of the innovation business was 22.484 billion yuan, accounting for 24.31% of the company's total revenue. Haikang Robotics focuses on the industrial Internet of Things, smart logistics and intelligent manufacturing. It continues to invest in the fields of machine vision and mobile robots, and has added a full range of joint robots, gradually completing the strategic layout of robot “hand, eye, and foot” collaboration, and has become a leading company in the domestic industry. Fluorite Network has mastered comprehensive capabilities from hardware design, R&D and manufacturing to IoT cloud platforms, and has become one of the few AIoT companies in the industry with complete vertical integration service capabilities. Hikang Microvision is deeply involved in high-value-added MEMS, optoelectronic devices and sensor technology to build multi-dimensional sensing capabilities such as temperature, pressure, flow, and material level, and has become a leading enterprise in the domestic thermal imaging field. Other innovative businesses are in a period of rapid development, and market competitiveness continues to improve. The innovative business and main business jointly revolve around the direction of the intelligent IoT business. The business layout is unified and divided to jointly support the continuous and steady growth of the company's business and help the company move steadily and far-reaching.