Hikvision releases full-year 2021 and first quarter 2022 financial results

HANGZHOU,China,April 25,2022 --Hikvision has released its full-year 2021 financial results,reporting a total revenue of RMB 81.42 billion,and achieving a year-over-year (YoY) growth of 28.21%. The net profits attributable to shareholders of the company was RMB 16.80 billion,reflecting a YoY growth of 25.51%.

Hikvision Full-Year 2021 Financial Results

Key accounting data of Hikvision full-year 2021 financial results

2021

2020

YoY Change

(%)

Operating income (RMB)

81,420,053,539.27

63,503,450,891.78

28.21%

Net profits attributable to shareholders of

the company (RMB)

16,800,411,032.05

13,385,526,714.15

25.51%

Overseas revenue in 2021 amounted to RMB 21.99 billion,with YoY growth of 24.23%,accounting for 27% of the total revenue of the company.

Hikvision also released its Q1 2022 financial results,and reported a revenue of RMB 16.52 billion,which represents a YoY increase of 18.11%. Net profits attributable to shareholders of the company was RMB 2.28 billion,representing a YoY growth of 5.29%.

Moving forward,the company will continue to focus on the innovation of technologies,products,and solutions to create value for customers and society. Hikvision is committed to serving various industries through its cutting-edge technologies of machine perception,artificial intelligence,and big data,leading the future of AIoT.

The full annual report 2021 and Q1 2022 report can be read here.