Hikvision’s 2021 revenue of 81.4 billion yuan, a year-on-year increase of 28.21%

On the evening of April 15, Hikvision announced its 2021 annual report. The annual total operating income was 81.420 billion yuan, an increase of 28.21% over the same period of the previous year; the operating profit was 18.474 billion yuan, an increase of 21.57% over the same period last year. The net profit of shareholders of listed companies was 16.800 billion yuan, an increase of 25.51% over the same period of the previous year.

In 2021, Hikvision will invest 8.252 billion yuan in research and development, accounting for 10.13% of its revenue. There are more than 20,000 R&D personnel, accounting for nearly 50% of the company’s total. In the past five years, the proportion of Hikvision’s R&D investment has increased year by year. In the 12 years since its listing, Hikvision’s cumulative R&D investment has reached 35.4 billion.

In addition to the annual report, Hikvision also released the first quarterly report for 2022 that night. Q1 revenue was 16.522 billion yuan, an increase of 18.11% year-on-year; net profit attributable to shareholders of listed companies was 2.284 billion yuan, a year-on-year increase of 5.29%; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 221 million yuan, an increase of 9.3% year-on-year %.

Hikvision refreshed the company’s business positioning in the annual report, and clearly defined it as “Intelligent IoT AIoT”, such as smart security, industrial IoT, smart home, etc., which are typical industry scenarios of smart IoT.

At present, Hikvision’s business can be summarized into 3 types of supporting technologies, 5 types of soft and hard products, 4 types of system capabilities, 2 types of business organizations and 2 marketing systems.

Among them, 3 types of supporting technologies include IoT perception technology, artificial intelligence technology and big data technology; 5 types of soft and hard products include IoT perception products, IT basic products, platform service products, data service products and application service products; 4 systems Capabilities include system design and development, system engineering implementation, system operation and maintenance management and system operation services; Type 2 business organizations include 3 business groups (public service business group, enterprise business group and SME business group) and 8 innovative businesses ( Smart home, mobile robot and machine vision, infrared thermal imaging, automotive electronics, smart storage, smart fire protection, smart security inspection, smart medical treatment); 2 major marketing systems include domestic business marketing system and international business marketing system.