SECURITIESCODE:002415.SZ
SECURITIESABBREVIATION:HIKVISION
PUBLICANNOUNCEMENT:No.2019-010
HANGZHOUHIKVISIONDIGITALTECHNOLOGYCO.,LTD.
2018FiscalYearFinancialPreview
HangzhouHikvisionDigitalTechnologyCo.,Ltd.(hereinafterreferredtoasthe“Company”)andallmembersoftheBoardofDirectorsherebyguaranteethattheinformationpresentedinthisreportshallbetruthful,accurateandcompleteofitscontentsandshallbefreeofanyfalserecords,misleadingstatementsormaterialomissions.
Note:The2018annualfinancialdataprovidedinthisannouncementispreliminaryaccountingdata,whichhasbeenreviewedbyinternalaudit.Thecertifiedpublicaccountants’audithasnotbeenperformedyet.Differencesmayoccurinthefinalizedauditedfinancialreport.Pleasepayattentiontothepotentialinvestmentrisk.
I.KeyAccountingDataandFinancialIndicatorsforFiscalYear2018
2018 2017 YoYChange
(%)
TotalOperatingincome(RMB) 49,809,885,519.34 41,905,476,572.07 18.86%
TotalOperatingProfit(RMB) 12,356,372,039.95 10,443,111,610.45 18.32%
TotalProfit(RMB) 12,489,078,074.40 10,486,820,482.36 19.09%
Netprofitsattributableto 11,335,992,570.44 9,410,855,084.82 20.46%
shareholdersoftheCompany(RMB)
Basicearningspershare 1.243 1.030 20.68%
(RMB/share)
WeightedaverageROE(%) 33.95% 34.96% -1.01%
Attheendof2018 Attheendof2017 YoYChange
(%)
Totalassets(RMB) 63,083,452,741.91 51,570,963,466.61 22.32%
Owners’equityattributableto 37,572,181,929.70 30,358,072,874.22 23.76%
shareholdersoftheCompany(RMB)
ShareCapital(RMB)Note3 9,227,270,473.00 9,228,865,114.00 -0.02%
Netassetpershareattributableto 4.07 3.29 23.71%
shareholdersoftheCompany(RMB)
Note1:TheabovefinancialdataisfilledinwiththeCompany’sconsolidatedstatementdata.
Note2:Theamountresultedinthesameperiodofprioryearandthebeginningbalanceswereretroactivelyadjustedforbusinessmergerunderthecommoncontrol.
Note3:Duringthereportingperiod,thetotalcapitalsharesofthecompanyalteredfrom9,228,865,114sharesto9,227,270,473sharesduetotheimplementationofthesecondrepurchaseandcancellationof2014RestrictedShareIncentiveScheme.
II.InformationaboutPreliminaryOperationalandFinancialResults
In2018,thecompanymaintainshigh-levelR&Dinvestment,enhancesoverallcompetitiveness,continuouslystrengthensmanagementlevelandimprovesoperationalefficiencybyoptimizinginternalresources,continuestodevelopdomesticandoverseasmarkets,andmaintainsasteadyandhealthygrowthinperformance.
In2018,theCompany’stotaloperatingincomewasRMB49,809,885,519.34,representingayear-over-yeargrowthof18.86%;totaloperatingprofitwasRMB12,356,372,039.95,indicatingayear-over-yeargrowthof18.32%;totalprofitwasRMB12,489,078,074.40,ayear-over-yeargrowthof19.09%;netprofitsattributabletoshareholdersoftheCompanyamountedtoRMB11,335,992,570.44,a20.46%increaseover2017.
III.ExplanationforAnyDeviationfromPreviousOperationalResultGuidance
Thebusinessperformancedisclosedinthis2018financialpreviewalignedwiththe2018
operationalresultguidancedisclosedin20183rdquarterreport.
IV.DocumentsAvailableforReference
1.ThecomparativebalancesheetandincomestatementthatsignedandsealedbythepersoninchargeoftheCompany,theresponsiblepersoninchargeofaccountingwork,andthepersoninchargeofaccountingorganization.
2.Internalauditreportsignedbythepersoninchargeoftheinternalauditdepartment.
HANGZHOUHIKVISIONDIGITALTECHNOLOGYCO.,LTD.
TheBoardofDirectors
February15th,2019
