SECURITIES CODE: 002415.SZ
SECURITIESABBREVIATION: HIKVISION
PUBLIC ANNOUNCEMENT: No. 2020-004
HANGZHOU HIKVISION DIGITALTECHNOLOGY CO., LTD.
2019 Fiscal Year Financial Preview
Hangzhou Hikvision Digital Technology Co., Ltd. (hereinafter referred to as the “Company”) and
all members of the Board of Directors hereby guarantee that the information presented in this
report shall be truthful, accurate and complete of its contents and shall be free of any false records,
misleading statements or material omissions.
Note: The 2019 annual financial data provided in this announcement is preliminary accounting
data, which has been reviewed by internal audit. The certified public accountants’ audit has not
been performed yet. Differences may occur in the finalized audited financial report. Please pay
attention to the potential investment risk.
I. Key Accounting Data and Financial Indicators for Fiscal Year 2019
Unit:RMB
2019 2018 YoY Change
(%)
Total Operating income 57,751,920,054.82 49,837,132,481.61 15.88%
Total Operating Profit 13,724,890,025.67 12,334,435,119.54 11.27%
Total Profit 13,772,778,787.43 12,437,204,553.30 10.74%
Net profits attributable to 12,398,030,025.03 11,352,132,255.21 9.21%
shareholders of the Company
Basic earnings per share 1.34 1.24 8.06%
Weighted average ROE (%) 30.50% 33.99% -3.49%
At the end of 2019 At the end of 2018 YoY Change
(%)
Total assets 75,356,152,594.90 63,465,019,931.22 18.74%
Owners’equity attributable to 44,870,902,426.92 37,567,728,835.78 19.44%
shareholders of the Company
Share Capital Note 3 9,345,010,696.00 9,227,270,473.00 1.28%
Net asset per share attributable to 4.80 4.07 17.94%
shareholders of the Company
Note 1: The above financial data is filled in with the Company’s consolidated statement data.
Note 2: The amount resulted in the same period of prior year and the beginning balances were
retrospectively adjusted for business merger under the common control, and were restated for the
first implementation of new financial instrument standards;
Note 3: During the reporting period, the Company's total share capital changed from
9,227,270,473 shares to 9,345,010,696 shares due to the listing, repurchase and cancellation of
restricted shares.
II. Information about Preliminary Operational and Financial Results
In 2019, the Company improved management and optimized business structure, while focusing on
the Company’s advantages. We maintained a high-level investments in Research and Development
(R&D), enhanced operational efficiency, improved overall competitiveness, and maintained a
sustained and healthy growth in business performance.
In 2019, the Company’s total operating income was RMB 57,751,920,054.82, representing a
year-over-year growth of 15.88%; total operating profit was RMB 13,724,890,025.67, indicating a
year-over-year growth of 11.27%; total profit was RMB 13,772,778,787.43, a year-over-year
growth of 10.74%; net profits attributable to shareholders of the Company amounted to RMB
12,398,030,025.03, a 9.21% increase over 2018.
III. Explanation for Any Deviation from Previous Operational Result Guidance
The business performance disclosed in this 2019 financial preview aligned with the 2019
operational result guidance disclosed in 2019 3rd quarter report.
IV. Documents Available for Reference
1. The comparative balance sheet and income statement that signed and sealed by the person in
charge of the Company, the responsible person in charge of accounting work, and the person in
charge of accounting organization.
2. Internal audit report signed by the person in charge of the internal audit department.
HANGZHOU HIKVISION DIGITALTECHNOLOGYCO., LTD.
The Board of Directors
February 29th, 2020
Note: This document is a translated version of the Chinese 2019 Fiscal Year Financial Preview
(“2019 年度业绩快报”), and the published announcements in the Chinese version shall prevail.
The Chinese 2019 Fiscal Year Financial Preview document may be obtained at
www.cninfo.com.cn.