On the evening of Friday, August 18, Hikvision, the leader in the A-share security industry, announced its report for the first half of 2023.
Financial reports show that 23H1 Hikvision achieved total operating revenue of 37.571 billion yuan, an increase of 0.84% over the same period last year; realized net profit attributable to shareholders of listed companies was 5.338 billion yuan, down 7.31% from the same period last year; and basic earnings per share were 0.568 yuan.
In the first half of 2023, Hikvision's R&D investment reached 5.285 billion yuan, an increase of 13.06% over the previous year. Officials said it will continue to maintain investment in technology research and development, continue its ability advantages in technology commercialization and product commercialization, and continue to build and enhance differentiated advantages.
The company said in its financial report that in the first half of the year, the global economy continued to fluctuate and the trade environment did not change, bringing continuous challenges to the company's operations. In the future, it will continue to build and enhance its competitive advantages in technology commercialization and product commercialization, continue to build and enhance differentiated advantages, maintain continuous leadership in products and solutions, and protect the company's steady development in the field of intelligent IoT.
Judging from the composition of income,Hikvision's main products and services achieved revenue of 28.6 billion yuan in half a year, which is the absolute pillar of its revenue, accounting for 76% of revenue. In addition, departments such as the robot business, smart home business, and automotive electronics business also achieved rapid development in the first half of the year.The overall revenue of the innovation business was 8.188 billion yuan, an increase of 16.85% over the previous year, accounting for 21.80% of revenue.
The company's management stated in the financial report thatHikvision's innovative business has become a powerful engine for the company's long-term sustainable development. Many subsidiaries have already split up or are planning to go public:
As the first subsidiary of Hikvision to be successfully spun off and listed, Fluorite Network was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange on December 28, 2022;Hikvision Robotics's spin-off and listing application has been accepted by the Shenzhen Stock ExchangeThe spin-off and listing of innovative business subsidiaries is progressing in a steady and orderly manner. The company's main business and innovative business have formed a resilient business portfolio, laying a solid foundation for the company's long-term sustainable development.