Hangzhou, China,, April 27, 2025 / Prnewswire / – Hikvision announced its full year financial results for 2024 and the results of the first quarter for 2025. In 2024, the company declared a total turnover of RMB 92.496 billionMarking growth of 3.53% over the whole year (Yoy). In the first quarter of 2025, the company declared income from RMB 18.532 billionIn addition to 4.01% in annual shift. Net profit attributable to shareholders affected RMB 2.039 billionreflecting an increase of 6.41% in annual shift.
Over the past two decades, Hikvision has established itself as a world leader in security, developing a robust AIOT ecosystem encompassing more than 30,000 products. Today, the company remains attached to stable and solid progress, by sailing on uncertainties with a positive and cautious approach. It has maintained its main position on the internal security market while seeking growth of foreign markets and innovative companies. With profitability as a central objective, the company stimulates organizational transformation and the refinement of management practices to support long -term sustainable growth. In particular, Hikvision is at the forefront of the implementation of breakthroughs in large-scale AI model technologies to accelerate digitization based on scenarios in various industries.
In the past year, the company has strengthened its presence abroad, the main commercial income of international markets passing by RMB 25.989 billionRepresenting 28.10% of total income and reflecting growth of 8.39% in annual shift. Hikvision’s revenues extend over more than 180 countries and regions, the development markets contributing more than 70% of this total. The constant increase in business revenues abroad has become an important engine of the overall growth in the company’s profits. Meanwhile, hikvision innovation activities continued to grow quickly, revenues reaching RMB 22.484 billion.
In 2024, Hikvision continued to prioritize research and development, investing RMB 11.864 billion In R&D, representing 12.83% of its total income. Over the years, the company has built a R&D system at several levels with the headquarters’ R&D capacities at the heart, radiating in key regions both at the national and international level.
In its latest developments, Hikvision actively advances AIOT technologies, with its GUANLAN large -scale AI models incorporating vision, language and multimodal capacities, among others. These innovations have considerably improved both the capacity for perception and cognition of hikvision products and solutions. For example, in the protection of the perimeter, the large vision model can obtain a reduction of 90% of false alarms.
For the future, Hikvision is engaged in a high -quality growth strategy, with a greater emphasis on stimulation of innovation, improving long -term efficiency and sustainability.
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Source Hikvision Digital Technology
