SECURITIESCODE:002415.SZ
SECURITIESABBREVIATION:HIKVISION
PUBLICANNOUNCEMENT:No.2018-010
HANGZHOUHIKVISIONDIGITALTECHNOLOGYCO.,LTD.
2017FiscalYearFinancialPreview
HangzhouHikvisionDigitalTechnologyCo.,Ltd.(hereinafterreferredtoasthe“Company”)and
allmembersoftheBoardofDirectorsherebyguaranteethattheinformationpresentedinthis
reportshallbetruthful,accurateandcompleteofitscontentsandshallbefreeofanyfalserecords,
misleadingstatementsormaterialomissions.
Note:The2017annualfinancialdataprovidedinthisannouncementispreliminaryaccounting
data,whichhasbeenreviewedbyinternalaudit.Thecertifiedpublicaccountants’audithasnot
beenperformedyet.Differencesmayoccurinthefinalizedauditedfinancialreport.Pleasepay
attentiontothepotentialinvestmentrisk.
I.KeyAccountingDataandFinancialIndicatorsforFiscalYear2017
2017 2016 YoYChange(%)
TotalOperatingincome(RMB) 41,894,581,990.65 31,934,544,088.82 31.19%
TotalOperatingProfit(RMB)
Note3 10,246,210,180.19 6,834,037,180.87 49.93%
TotalProfit(RMB) 10,492,287,571.03 8,314,111,562.34 26.20%
Netprofitsattributableto 9,399,657,428.23 7,424,631,946.08 26.60%
shareholdersoftheCompany(RMB)
Basicearningspershare(RMB/share) 1.031 0.822 25.43%
WeightedaverageROE(%) 34.96% 34.56% 0.40%
Attheendof2017 Attheendof2016 YoYChange(%)
Totalassets(RMB) 51,672,505,775.16 41,348,428,750.40 24.97%
Owners’equityattributableto 30,348,339,284.60 24,283,755,426.31 24.97%
shareholdersoftheCompany(RMB)
ShareCapital(RMB)
Note4 9,228,865,114.00 6,102,706,885.00 51.23%
Netassetpershareattributableto 3.29 2.65 24.15%
shareholdersoftheCompany(RMB)
Note1:TheabovefinancialdataisfilledinwiththeCompany’sconsolidatedstatementdata.
Note2:Theamountresultedinthesameperiodofprioryearandthebeginningbalanceswere
retroactivelyadjustedforbusinessmergerunderthecommoncontrol.
Note3:AccordingtotheAccountingStandardsforEnterprisesNo.16—GovernmentSubsidies
executed on June 12th 2017, the Company booked government subsidies related to daily
operations(Value-addedTaxRebateforSoftwareProduct)intootherincome(increaseoperating
profit);forthosenotrelatedtodailyoperations,werestillbookedintonon-operatingincome.The
standardrequiresthattheprioryearfinancialstatements(allgovernmentsubsidieswerebooked
intothenon-operatingincome)shouldnotberetroactivelyadjusted;therefore,theoperatingprofit
ofthecurrentreportingperiodresultedinarelativelyhigheryear-over-yearincreaseovertheprior
year.
Note4: During the reporting period, the totalcapital shares of thecompany alteredfrom
6,102,706,885sharesto9,228,865,114sharesduetotheimplementationofthe2016annualequity
allocationscheme,andthelisting,repurchaseandcancellationoftherelativegrantedrestricted
shares.
II.InformationaboutPreliminaryOperationalandFinancialResults
In2017,theCompanymaintainedahighlevel inputinResearchandDevelopment(R&D),
acceleratedthecommercializationoftechnologies,andimprovedthemanagementcapabilitiesand
operationalefficienciesthroughconsistentmarketdevelopment,andinhencepromotedasteady
growthoftheCompany’sperformance.
In 2017,the Company’s total operatingincome was RMB 41,894,581,990.65, representing
year-over-yeargrowthof31.19%;TotaloperatingprofitwasRMB10,246,210,180.19,indicating
ayear-over-yeargrowthof49.93%;TotalprofitwasRMB10,492,287,571.03,a26.20%increase
over 2016; Net profits attributable to shareholders of the Company amounted to RMB
9,399,657,428.23,a26.60%increaseover2016.
III.ExplanationforAnyDeviationfromPreviousOperationalResultGuidance
The business performance disclosed in this 2017 financial preview aligned with the 2017
operationalresultguidancedisclosedin20173rdquarterreport.
IV.DocumentsAvailableforReference
1.Thecomparativebalancesheetandincomestatementthatsignedandsealedbythepersonin
chargeoftheCompany,theresponsiblepersoninchargeofaccountingwork,andthepersonin
chargeofaccountingorganization.
2.Internalauditreportsignedbythepersoninchargeoftheinternalauditdepartment.
HANGZHOUHIKVISIONDIGITALTECHNOLOGYCO.,LTD.
TheBoardofDirectors
February 27th,2018
Note:ThisdocumentisatranslatedversionoftheChinese2017FiscalYearFinancialPreview
(“2017年度业绩快报”),andthepublishedannouncementsintheChin
