Hangzhou Hikvision Digital Technology Co.Ltd(002415) : the revenue increased by 28.21% year-on-year in 2021, clarifying the business positioning of intelligent IOT

On the evening of April 15, Hangzhou Hikvision Digital Technology Co.Ltd(002415) released the annual report for 2021. In 2021, Hangzhou Hikvision Digital Technology Co.Ltd(002415) achieved a revenue of 81.42 billion yuan, a year-on-year increase of 28.21%; The net profit attributable to the parent company was 16.8 billion yuan, a year-on-year increase of 25.51%.

It is worth noting that Hangzhou Hikvision Digital Technology Co.Ltd(002415) refreshed the company’s business positioning in the annual report and clearly positioned the business field as “intelligent IOT aiot”. It is understood that the smart IOT track has a large market space, such as smart security, industrial IOT and smart home, which are typical industry scenes of smart IOT. Over the years, Hangzhou Hikvision Digital Technology Co.Ltd(002415) provides IOT sensing technology means from visible light to millimeter wave, infrared, X-ray, acoustic wave and other broader fields. Its products expand from IOT sensing equipment to intelligent IOT products, it infrastructure products, platform service products, data service products and application service products fully integrated with artificial intelligence and big data technology. Its fields of engagement expand from comprehensive security to smart home, digital enterprise Smart industry and smart city.

In terms of R & D investment, in 2021, the company invested 8.252 billion yuan in R & D, accounting for 10.13% of revenue. There are more than 500000 R & D personnel, accounting for nearly 2% of the company’s total. Over the past five years, the proportion of R & D investment of the company has increased year by year. In the 12 years since its listing, the cumulative R & D investment has reached 35.4 billion yuan.

Hangzhou Hikvision Digital Technology Co.Ltd(002415) said in the annual report that in the future, the company will be committed to serving thousands of industries with IOT perception, artificial intelligence and big data technology to lead the new future of intelligent IOT.

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