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Hangzhou Hikvision Digital Technology (002415) investor relations material
Hangzhou Hikvision Digital Technology Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1–Q3 revenue reached RMB 74.04bn, up 12.60% YoY; net profit attributable to owners was RMB 12.91bn, up 38.55%.
Q3 revenue was RMB 27.22bn, up 13.71% YoY; net profit attributable to owners was RMB 5.02bn, up 36.97%.
Financial highlights
Q1–Q3 net profit excluding non-recurring gains and losses was RMB 12.70bn, up 41.52% YoY; reported net profit was RMB 12.91bn.
Consolidated Q1–Q3 net profit was RMB 14.71bn, including RMB 1.80bn attributable to minority shareholders.
Q1–Q3 operating profit was RMB 16.83bn; total profit was RMB 16.88bn.
Non-recurring gains and losses totaled RMB 215.8m for Q1–Q3, including government subsidies, investment-related gains and other non-operating items.
Key financial ratios and metrics
Q1–Q3 basic and diluted EPS were both RMB 1.409, up 38.95% YoY; fully diluted EPS using latest share capital was also RMB 1.409.
Operating cash flow was RMB 7.21bn in Q1–Q3, down 47.34% YoY; increased procurement and inventory expenditure were cited as the main reason.
Total assets were RMB 141.39bn at September 30, 2026, up 2.42% from December 31, 2025; net assets attributable to owners were RMB 84.27bn, up 1.11%.
- Net profit jumped 39.57% YoY to RMB7.90 billion on double-digit revenue growth and margin gains.002415
Q2 2026 - Net profit rose 18.5% to RMB 14.20 billion on stable revenue and strong AIoT-driven growth.002415
Q4 2025 - Q1 2026 saw double-digit revenue and profit growth, but cash flows remained negative.002415
Q1 2026 - Net profit rose 14.94% year-over-year, with robust cash flow and major shareholder returns.002415
Q3 2025 - Q1 2025 saw revenue and profit growth, improved cash flow, and active capital return programs.002415
Q1 2025 - Net profit rose 11.71% on stable revenue and robust growth in innovative businesses.002415
Q2 2025 - Q3 revenue rose slightly, but profit and cash flow declined; restricted shares cancelled.002415
Q3 2024 - Hikvision's H1 2024 revenue rose 9.68% year-over-year, but net profit declined 5.13%.002415
Q2 2024 - Revenue up 3.5% to RMB92.5B, net profit down 15.1%, with overseas and innovation leading growth.002415
H2 2024
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