[三季报]海康威视(002415):2025年三季度报告（英文版）
|
时间：2025年10月17日 18:51:13 中财网 |
|
原标题: 海康威视:2025年三季度报告（英文版）
Stock Exchange Code：002415 Abbreviation of Securities：Hikvision No：2025-045
Hangzhou Hikvision Digital Technology Co., Ltd.
rd
2025 3 Quarter Report
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or material omissions.
Important Content Notes:
1. The Board of Directors, directors, and senior management of Hangzhou Hikvision Digital Technology Co., Ltd. (hereinafter referred to as the "Company") hereby guarantee that the information presented in this report shall be together be wholly liable for the truthfulness, accuracy and completeness of its contents and free of any false records, misleading statements or material omissions, and will undertake individual and joint legal liabilities.
2. Hu Yangzhong, the Company's legal representative, Jin Yan, the person in charge of the accounting work, and Zhan Junhua, the person in charge of accounting institution (accounting supervisor) hereby declare and warrant that the financial information in this report is authentic, accurate, and complete. rd
3. Whether the 3 quarter report has been audited
□Yes √ No
I. Key Financial Data
1. Key Accounting Data and Financial Indicators
Whether the Company performed a retroactive adjustment or restatement of the previous accounting data
□ Yes √ No
| | 2025 Q3 | YoY Change between 2025 Q3
and 2024 Q3 | 2025 Q1~Q3 | YoY Change between 2025
Q1~Q3 and 2024 Q1~Q3 | | Revenue (RMB) | 23,939,742,368.57 | 0.66% | 65,757,782,457.01 | 1.18% | | Net profit attributable to shareholders of the
Company (RMB) | 3,661,774,929.80 | 20.31% | 9,319,124,728.48 | 14.94% | | Net profit attributable to shareholders of the
Company excluding non-recurring gains and
losses (RMB) | 3,481,971,466.50 | 19.73% | 8,970,971,794.87 | 10.06% | | Net cash flows from operating activities (RMB) | — | — | 13,697,028,509.05 | 426.06% | | Basic earnings per share (RMB/share) | 0.399 | 17.70% | 1.014 | 15.49% | | Diluted earnings per share (RMB/share) | 0.399 | 17.70% | 1.014 | 15.49% | | Weighted average ROE | 4.56% | 0.52% | 11.43% | 0.91% | | | On September 30, 2025 | On December 31, 2024 | Change(%) between December 31, 2024 and
September 30, 2025 | | | Total assets (RMB) | 129,863,372,985.51 | 132,016,200,156.14 | -1.63% | | | Net assets attributable to shareholders of the
Company (RMB) | 78,394,069,874.59 | 80,668,661,062.88 | -2.82% | |
The total share capital of the Company as of the previous trading day of the financial report disclosure:
| The total share capital of the Company as of the previous trading day of the financial report disclosure (share) | 9,164,871,550 |
Fully diluted earnings per share calculated using the latest share capital:
| Fully diluted earnings per share (RMB/share) calculated with the latest share capital | 1.017 |
| Item | Amount occurred in the current
reporting period (2025 Q3) | January 1, 2025–
September 30, 2025 | | Profit or loss from disposal of non-current assets (including the
write-off for the impairment provision of assets) | 12,151,391.45 | 19,500,523.61 | | Government subsidies included in the current profit and loss
(excluding the government subsidy closely related to regular
course of business of the Company and government subsidy based
on standard quota or quantitative continuous application according
to the state industrial policy) | 266,815,472.20 | 534,454,157.42 | | Apart from the effective hedging activities related to the
Company's normal business operations, the fair value changes in
financial assets and financial liabilities held by non-financial
enterprises, as well as the gains or losses from the disposal of these
financial assets and liabilities. | -18,081,481.87 | -102,728,179.45 | | Investment income generated from the disposal of long-term equity
investments | 9,318,754.75 | 9,542,834.63 | | Profit or loss on debt restructuring | -8,314,087.00 | -8,314,087.00 | | Other non-operating income and expenditures except the items
mentioned above | 17,132,143.46 | 46,371,444.19 | | Less: Impact of income tax | 42,080,340.93 | 59,949,789.62 | | Impact of the minority interests (after tax) | 57,138,388.76 | 90,723,970.17 | | Total | 179,803,463.30 | 348,152,933.61 |
Details of other profit and loss items that meet the definition of non-recurring profit and loss: □ Applicable √ Inapplicable
The Company does not have other specific conditions of profit and loss items that meet the definition of non-
recurring profit and loss.
Explanations on classifying any non-recurring gain/loss item mentioned in the
on Information Disclosure for Companies Offering Their Securities to the Public—Non-recurring Gains and Losses>
as recurring gain/loss item.
□ Applicable √ Inapplicable
The Company does not classify any non-recurring gain/loss item mentioned in the
1 on Information Disclosure for Companies Offering Their Securities to the Public—Non-recurring Gains and
Losses> as recurring gain/loss item.
| Item | 2025 Q1 ~ 2025 Q3
(RMB) | 2024 Q1 ~ 2024 Q3
(RMB) | YoY Change | Note of changes | | Net cash flows from
operating activities | 13,697,028,509.05 | 2,603,725,074.80 | 426.06% | Increase in sales collections |
| Total number of common shareholders at the
end of the reporting period | 387,222 | Total number of preferred shareholders (if any)
whose voting rights have been recovered at the end
of the reporting period (if any) | 0 | | | | | Particulars about top 10 shareholders (Excludes shares lent through refinancing) | | | | | | | | Name of shareholder | Nature of
shareholder | Share-
holding
percentage
(%) | Total shares
held at the
period-end | The number
of common
shares held
with trading
restrictions | Pledged, marked or
frozen | | | | | | | | Status | Amount | | China Electronics Technology HIK Group Co.,
Ltd. | Domestic State-
owned
corporation | 37.28% | 3,416,996,509 | - | Pledged | 50,000,000 | | Gong Hongjia | Overseas
individual | 10.50% | 962,504,814 | - | Pledged | 264,908,200 | | Hangzhou Weixun Equity Investment
Partnership (Limited Partnership) | Domestic
non-state-
owned
corporation | 4.92% | 450,795,176 | - | Pledged | 6,000,000 | | Shanghai Perseverance Asset Management
Partnership (Limited Partnership) -
Perseverance Adjacent Mountain 1 Yuanwang
Fund | Other | 3.06% | 280,000,000 | - | - | - | | CETC Investment Holdings Co., Ltd. | Domestic State-
owned
corporation | 2.71% | 248,366,268 | - | - | - | | Hangzhou Pukang Equity Investment
Partnership (Limited Partnership) | Domestic
non-state-
owned
corporation | 1.99% | 182,510,174 | - | Pledged | 56,790,000 | | nd
The 52 Research Institute at China Electronics
Technology Group Co. Ltd. | Domestic State-
owned
corporation | 1.97% | 180,775,044 | - | - | - | | Hu Yangzhong | Domestic
Individual | 1.70% | 155,996,477 | 1 16,997,358 | - | - | | China Life Insurance Co., Ltd. - Traditional -
Ordinary Insurance Product - 005L-CT001 SH | Other | 1.39% | 127,550,920 | - | - | - | | Central Huijin Investment Co., Ltd. | Domestic State-
owned
corporation | 0.71% | 64,700,691 | - | - | - | | Particulars about shares held by the Top 10 common shareholders holding shares that are not subject to trading restriction(s)
(Excludes loaned shares through refinancing and lock-up shares of senior executives) | | | | | | | | Name of shareholder | Number of common shares
without trading restrictions
held at the period-end | Type of shares | | | | | | | | Type | Number | | | | | China Electronics Technology HIK Group Co.,
Ltd. | 3,416,996,509 | RMB common shares | 3,416,996,509 | | | |
| Gong Hongjia | 962,504,814 | RMB common shares | 962,504,814 | | Hangzhou Weixun Equity Investment
Partnership (Limited Partnership) | 450,795,176 | RMB common shares | 450,795,176 | | Shanghai Perseverance Asset Management
Partnership (Limited Partnership) -
Perseverance Adjacent Mountain 1 Yuanwang
Fund | 280,000,000 | RMB common shares | 280,000,000 | | CETC Investment Holdings Co., Ltd | 248,366,268 | RMB common shares | 248,366,268 | | Hangzhou Pukang Equity Investment
Partnership (Limited Partnership) | 182,510,174 | RMB common shares | 182,510,174 | | nd
The 52 Research Institute at China Electronics
Technology Group Co. Ltd | 180,775,044 | RMB common shares | 180,775,044 | | China Life Insurance Co., Ltd. - Traditional -
Ordinary Insurance Product - 005L-CT001 SH | 127,550,920 | RMB common shares | 127,550,920 | | Central Huijin Investment Co., Ltd. | 64,700,691 | RMB common shares | 64,700,691 | | Industrial and Commercial Bank of China Co.,
Ltd. – Huatai PineBridge CSI 300 Exchange
Traded Fund | 63,051,156 | RMB common shares | 63,051,156 | | Explanation on associated relationship and
concerted actions among above shareholders | In the aforementioned shareholders, China Electronics Technology HIK Group Co.,
nd
Ltd., CETC Investment Holdings Co., Ltd., and The 52 Research Institute at China
Electronics Technology Group Co., Ltd. are acting in concert. Mr. Gong Hongjia,
and Hangzhou Pukang Equity Investment Partnership (Limited Partnership) are
acting in concert. Hu Yangzhong and Hangzhou Weixun Equity Investment
Partnership (Limited Partnership) are acting in concert. Except for these, the
Company does not know whether the other shareholders are related parties or
whether they are acting-in-concert parties in accordance with the Administration of
the Takeover of Listed Companies Procedures. | | |
Situation of shareholders holding more than 5% of the shares, the top 10 shareholders, and the top 10 shareholders
of common shares without trading restrictions participating in the lending of shares in the refinancing business
□Applicable √Inapplicable
Changes of the top 10 shareholders and the top 10 shareholders that are not subject to trading restriction compared
with the previous period due to refinancing, lending/repayment issues □ Applicable √ Inapplicable
2. Total Number of Preferred Shareholders and Information about Top 10 Preferred Shareholders □ Applicable √ Inapplicable
III. Significant Events
√Applicable □Inapplicable
1. The Company has completed the implementation of its share repurchase plan and has cancelled the repurchased shares
Based on the firm confidence in the Company's future development prospects and the high recognition of its long-
term value, the Chairman of the board proposed a share repurchase on October 18, 2024. The proposal was reviewed
and approved at the 4th Meeting of the Sixth Board of Directors on December 9, 2024, and the 2024 2nd
Extraordinary General Meeting on December 25, 2024, through the Share Repurchase Plan Proposal. The company
is authorized to repurchase a portion of its domestically issued RMB ordinary shares (A-shares) via centralized
bidding on the Shenzhen Stock Exchange. The total repurchase amount shall not exceed RMB2.50 billion (inclusive)
1
and shall be no less than RMB2.00 billion (inclusive), with a maximum repurchase price of RMB 40 per share
(inclusive). Funding sources include the Company's own capital and a dedicated share repurchase loan. The
repurchase period shall not exceed 12 months from the date of shareholder approval. The repurchased shares will
be canceled to reduce registered capital. For details, refer to the announcements published on October 19, December
10, and December 26, 2024: Announcement on the Chairman of the board's Share Repurchase Proposal, Resolution
of the Fourth Meeting of the Sixth Board of Directors, Announcement on the Share Repurchase Plan, Resolution of
the 2024 Second Extraordinary General Meeting, and Share Repurchase Report.
On December 26, 2024, the Company completed its first repurchase of 4,003,019 shares via a dedicated securities
account through centralized bidding, representing 0.0434% of the total shares outstanding at the time of the
repurchase. The highest and lowest transaction prices were RMB 31.50/share and RMB 31.06/share, respectively,
with a total share value of RMB 125,613,283.27 (excluding transaction fees). During the implementation period of
the share repurchase, the company strictly complies with the relevant legal and regulatory requirements, announcing
the repurchase progress as of the end of the previous month within the first three trading days of each month. The
company promptly fulfills its obligation to disclose the progress of the repurchase. For details, refer to the
Announcement on the First Repurchase of Company Shares, published on the CNINFO website on December 27,
2024, and the monthly Announcement on the Progress of the Company’s Share Repurchase. 1
Due to the implementation of the 2024 annual rights distribution, the upper limit of the repurchase price has been adjusted to RMB
As of the market close on August 28, the Company has cumulatively repurchased 68,326,776 shares through a
dedicated securities repurchase account using the centralized bidding trading method. This represents 0.74% of the
total pre-cancellation share capital (9,233,198,326 shares). The highest transaction price was RMB 32.70 per share,
the lowest transaction price was RMB 27.06 per share, and the average transaction price was RMB 29.69 per share.
The total transaction amount was RMB 2,028,349,444.12 (excluding transaction fees). The funds for this repurchase
came from the Company’s own funds and a special loan for share repurchase, and the repurchase price did not
exceed the upper limit set in the repurchase plan. The Company has completed the implementation of this share
repurchase plan. On September 4, 2025, the company completed the cancellation procedures for the above shares
at China Securities Depository and Clearing Co., Ltd., Shenzhen Branch. For more details, refer to Announcement
on the Implementation Results and Share Changes of the Share Repurchase and Announcement on the Completion
of Share Repurchase Cancellation and Share Changes, published on the CNINFO website on August 29, 2025, and
September 9, 2025 respectively.
2. The Company proposed and implemented the 2025 mid-year dividend plan. To further enhance shareholder returns, increase shareholder satisfaction, and boost confidence in the Company’s
future development, on August 11, 2025, Mr. Hu Yangzhong, the Company’s chairman, proposed that the company
formulate and implement a 2025 interim dividend plan. The Company held its Seventh Meeting of the Sixth Board
of Directors on September 5, 2025, and the First Extraordinary General Meeting of 2025 on September 23, 2025,
to review and approve the Proposal on the 2025 Interim Dividend Plan. The plan agreed to distribute a cash dividend
of RMB 4.00 (tax included) per 10 shares to all shareholders based on the total number of shares entitled to profit
distribution as of the record date for the 2025 interim dividend (i.e., the current total share capital of 9,164,871,550
shares), with no bonus shares issued and no capital reserve conversion. The total amount of this cash dividend is
RMB 3,665,948,620.00. The record date for this semi-annual rights distribution is October 9, 2025, and the ex-date
is October 10, 2025. The Company has completed the implementation of the semi-annual rights distribution plan.
For more details, see the Announcements published on the CNINFO website on August 12, 2025, September 6,
2025, and September 26, 2025 respectively: Notice of the Company’s Chairman Proposing the Implementation of
the 2025 Interim Dividend, Announcement on the 2025 Interim Dividend Plan, and Announcement on the Implementation of the 2025 Semi-Annual Rights Distribution.
| Item | September 30, 2025 | December 31, 2024 | | Current Assets: | | | | Cash and bank balances | 36,650,972,737.97 | 36,271,488,337.03 | | Derivative financial assets | 6,060,739.31 | 26,775,923.93 | | Notes receivable | 2,794,651,394.59 | 2,722,596,142.46 | | Accounts receivable | 33,173,991,626.82 | 37,910,128,735.42 | | Receivables for financing | 1,903,857,102.80 | 2,291,648,244.05 | | Prepayments | 711,294,664.61 | 664,602,593.01 | | Other receivables | 587,756,665.24 | 531,344,606.50 | | Inventories | 20,105,048,915.91 | 19,110,711,958.11 | | Contract assets | 958,384,099.80 | 985,822,785.69 | | Non-current assets due within one year | 671,208,361.54 | 894,327,647.82 | | Other current assets | 1,278,645,132.31 | 1,071,066,653.10 | | Total Current Assets | 98,841,871,440.90 | 102,480,513,627.12 | | Non-current Assets: | | | | Long-term receivables | 250,492,421.42 | 380,453,188.09 | | Long-term equity investment | 1,638,181,782.48 | 1,527,223,390.79 | | Other non-current financial assets | 475,993,325.46 | 472,000,082.76 | | Fixed assets | 16,787,289,311.27 | 15,063,752,296.49 | | Construction in progress | 4,569,842,911.63 | 4,699,473,381.21 | | Right-of-use assets | 450,330,390.28 | 530,138,023.79 | | Intangible assets | 1,852,100,830.16 | 1,828,287,135.99 | | Goodwill | 312,187,169.01 | 312,165,129.29 | | Long-term deferred expenses | 135,088,800.91 | 162,841,758.91 | | Deferred tax assets | 2,317,960,595.41 | 2,206,191,157.06 | | Other non-current assets | 2,232,034,006.58 | 2,353,160,984.64 | | Total Non-current Assets | 31,021,501,544.61 | 29,535,686,529.02 | | Total Assets | 129,863,372,985.51 | 132,016,200,156.14 | | Current Liabilities: | | | | Short-term borrowings | 1,478,839,687.75 | 1,031,895,812.62 | | Derivative financial liabilities | 7,469,351.47 | 1,874,341.64 | | Notes payable | 423,074,018.58 | 1,197,128,746.56 | | Accounts payable | 17,544,873,021.16 | 20,185,303,107.69 | | Item | September 30, 2025 | December 31, 2024 | | Contract liabilities | 3,596,901,370.41 | 3,353,943,054.24 | | Payroll payable | 6,018,465,709.07 | 5,666,415,834.10 | | Taxes payable | 1,887,982,835.06 | 1,535,936,096.02 | | Other payables | 5,575,765,631.77 | 3,528,359,044.48 | | Including: dividends payable | 2,077,144,117.19 | 186,793.11 | | Non-current liabilities due within one year | 3,824,770,730.18 | 767,030,688.91 | | Other current liabilities | 376,930,931.62 | 377,117,275.65 | | Total Current Liabilities | 40,735,073,287.07 | 37,645,004,001.91 | | Non-current Liabilities: | | | | Long-term borrowings | 1,357,343,268.55 | 5,119,185,000.00 | | Lease liabilities | 306,827,886.52 | 375,432,749.68 | | Long-term payables | 9,749,569.60 | 9,780,220.80 | | Provisions | 351,327,201.61 | 305,250,049.71 | | Deferred income | 823,446,188.87 | 874,512,073.53 | | Deferred tax liabilities | 130,584,318.84 | 112,711,363.52 | | Other non-current liabilities | 177,518,573.22 | 74,029,948.84 | | Total Non-current liabilities | 3,156,797,007.21 | 6,870,901,406.08 | | Total Liabilities | 43,891,870,294.28 | 44,515,905,407.99 | | Owners’ Equity | | | | Share capital | 9,164,871,550.00 | 9,233,198,326.00 | | Capital reserves | 4,302,740,979.56 | 6,181,644,265.06 | | Less: Treasury shares | - | 310,044,296.12 | | Other comprehensive income | 28,149,471.40 | (111,510,486.21) | | Surplus reserves | 4,715,460,312.00 | 4,715,460,312.00 | | Retained earnings | 60,182,847,561.63 | 60,959,912,942.15 | | Total owners' equity attributable to owner
of the Company | 78,394,069,874.59 | 80,668,661,062.88 | | Minority equity | 7,577,432,816.64 | 6,831,633,685.27 | | Total Owners' Equity | 85,971,502,691.23 | 87,500,294,748.15 | | Total Liabilities and Owners' Equity | 129,863,372,985.51 | 132,016,200,156.14 |
Legal Representative: Hu Yangzhong
Person in Charge of the Accounting work: Jin Yan
Person in Charge of Accounting Institution: Zhan Junhua
| Item | 2025 Q1~Q3 | 2024 Q1~Q3
(Restated) | | I. Revenue | 65,757,782,457.01 | 64,991,467,788.45 | | II．Total Operating Costs | 55,686,958,076.14 | 55,973,716,430.00 | | Less: Cost of sales and services | 35,925,957,434.61 | 36,045,818,382.36 | | Business taxes and surcharges | 580,526,397.79 | 518,733,466.76 | | Selling expenses | 8,848,755,711.92 | 8,543,958,715.48 | | Administrative expenses | 2,228,082,915.85 | 2,261,849,315.30 | | Research and development (R&D)
expenses | 8,738,019,947.93 | 8,736,220,937.73 | | Financial expenses | (634,384,331.96) | (132,864,387.63) | | Including：Interest expenses | 153,576,328.82 | 316,839,376.56 | | Interest income | 392,986,285.68 | 712,317,025.99 | | Add: Other income | 2,077,470,226.71 | 1,938,138,530.25 | | Investment income (loss"-") | 142,210,131.47 | 37,783,854.68 | | Including: Investment gains (losses) in
associated enterprise and joint-venture
enterprise | 171,642,463.57 | (89,958,117.85) | | Gains on derecognition of financial assets
measured at amortized cost | 89,740.00 | - | | Gains (loss"-") from changes in fair values | (26,762,278.99) | 7,519,902.82 | | Credit impairment losses ("-") | (346,820,752.43) | (600,045,342.10) | | Impairment losses ("-") of assets | (318,298,549.51) | (269,141,180.16) | | Asset disposal income (loss"-") | 19,524,387.58 | (13,809,533.99) | | III. Operating Profit (loss"-") | 11,618,147,545.70 | 10,118,197,589.95 | | Add: Non-operating income | 53,542,089.72 | 51,891,881.12 | | Less: Non-operating expenses | 12,125,089.21 | 19,894,367.06 | | IV. Total Profit (loss"-") | 11,659,564,546.21 | 10,150,195,104.01 | | Less: Income tax expenses | 1,405,797,200.10 | 1,242,370,816.25 | | V. Net Profit (loss"-") | 10,253,767,346.11 | 8,907,824,287.76 | | 5.1 Classification by operation continuity | | | | (a) Net profit (loss) on continuous
operation | 10,253,767,346.11 | 8,907,824,287.76 | | (b) Net profit (loss) on terminated
operation | - | - | | 5.2 Classification by attribution of
ownership | | | | (a) Net profit attributable to owners of | 9,319,124,728.48 | 8,107,748,494.46 | | Item | 2025 Q1~Q3 | 2024 Q1~Q3
(Restated) | | parent company | | | | (b) Profit or loss attributable to minority
shareholders | 934,642,617.63 | 800,075,793.30 | | VI. Other Comprehensive Income, Net of
Income Tax | 213,152,756.92 | (239,996,824.05) | | Other comprehensive income attributable to
owners of the Company, net of tax | 139,659,957.61 | (126,255,854.26) | | (I) Items that will not be reclassified
subsequently to profit or loss | - | - | | (II) Other comprehensive income to be
reclassified to profit or loss in subsequent
periods | 139,659,957.61 | (126,255,854.26) | | 1. Exchange differences arising on
conversion of financial statements
denominated in foreign currencies | 139,659,957.61 | (126,255,854.26) | | Other comprehensive income attributable to
minority interests, net of tax | 73,492,799.31 | (113,740,969.79) | | VII. Total Comprehensive Income | 10,466,920,103.03 | 8,667,827,463.71 | | Total comprehensive income attributable to
owners of the parent company | 9,458,784,686.09 | 7,981,492,640.20 | | Total comprehensive income attributable to
minority shareholders | 1,008,135,416.94 | 686,334,823.51 | | VIII. Earnings Per Share | | | | (I) Basic earnings per share | 1.014 | 0.878 | | (II) Diluted earnings per share | 1.014 | 0.878 |
Legal Representative: Hu Yangzhong
Person in Charge of the Accounting work: Jin Yan
Person in Charge of Accounting Institution: Zhan Junhua
1.3 Consolidated cash flow statement from the beginning of the year to the end of the reporting period
Unit: RMB
| Item | 2025 Q1~Q3 | 2024 Q1~Q3 | | I. Cash Flows from Operating Activities: | | | | Cash received from sale of goods or rendering of services | 78,369,270,196.90 | 67,372,383,421.35 | | Receipts of tax refunds | 3,236,882,063.37 | 3,213,608,844.77 | | Other cash receipts relating to operating activities | 1,186,697,756.92 | 1,296,159,457.61 | | Sub-total of cash inflows from operating activities | 82,792,850,017.19 | 71,882,151,723.73 | | Cash payments for goods purchased and services received | 43,989,344,135.13 | 43,319,394,936.84 | | Cash paid to and on behalf of employees | 15,020,772,578.45 | 15,514,458,996.41 | | Payments of various types of taxes | 4,871,467,136.41 | 4,712,595,300.53 | | Other cash payments relating to operating activities | 5,214,237,658.15 | 5,731,977,415.15 | | Sub-total of cash outflows from operating activities | 69,095,821,508.14 | 69,278,426,648.93 | | Net Cash Flows from Operating Activities | 13,697,028,509.05 | 2,603,725,074.80 | | Item | 2025 Q1~Q3 | 2024 Q1~Q3 | | II. Cash Flows from Investing Activities: | | | | Cash receipts from recovery of investments | 3,485,922,506.33 | 1,942,144,541.12 | | Cash receipts from investment income | 94,952,951.57 | 67,033,430.58 | | Net cash receipts from disposals of fixed assets, intangible
assets and other long-term assets | 116,817,690.29 | 5,366,246.45 | | Other cash receipts relating to investing activities | 83,324,543.71 | 43,213,496.63 | | Sub-total of cash inflows from investing activities | 3,781,017,691.90 | 2,057,757,714.78 | | Cash payments to acquire or construct fixed assets,
intangible assets and other long-term assets | 3,084,953,932.55 | 3,387,563,388.43 | | Cash paid to acquire investments | 3,526,776,934.84 | 1,985,960,403.43 | | Sub-total of cash outflows from investing activities | 6,611,730,867.39 | 5,373,523,791.86 | | Net Cash Flows from Investing Activities | (2,830,713,175.49) | (3,315,766,077.08) | | III. Cash Flows from Financing Activities: | | | | Cash receipts from borrowings | 2,958,594,145.25 | 5,701,717,778.30 | | Other cash receipts relating to financing activities | - | 2,007,056.47 | | Sub-total of cash inflows from financing activities | 2,958,594,145.25 | 5,703,724,834.77 | | Cash repayments of borrowings | 3,214,101,612.10 | 14,450,997,152.86 | | Cash payments for distribution of dividends or profits or
settlement of interest expenses | 8,446,049,990.60 | 8,892,175,431.16 | | Other cash payments relating to financing activities | 1,891,269,646.27 | 2,953,233,662.83 | | Sub-total of cash outflows from financing activities | 13,551,421,248.97 | 26,296,406,246.85 | | Net Cash Flows from Financing Activities | (10,592,827,103.72) | (20,592,681,412.08) | | IV. Effect of Foreign Exchange Rate Changes on Cash and
Cash Equivalents | 47,525,893.69 | (43,647,573.77) | | V. Net Increase in Cash and Cash Equivalents | 321,014,123.53 | (21,348,369,988.13) | | Add: Opening balance of Cash and Cash Equivalents | 36,053,042,380.29 | 49,427,967,355.78 | | VI. Closing Balance of Cash and Cash Equivalents | 36,374,056,503.82 | 28,079,597,367.65 |
Legal Representative: Hu Yangzhong
Person in Charge of the Accounting work: Jin Yan
Person in Charge of Accounting Institution: Zhan Junhua
2. Adjustments to financial report at the beginning of the year relating to the initial adoption of the new
accounting standards or interpretation of standards since 2025. □Applicable √Inapplicable
3. Audit Report
rd
□ Yes √ No
rd
The Company’s 2025 3 quarter financial report has not been audited.
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.
Board of Directors
October 18, 2025
Note:
rd
This document is a translated version of the Chinese version 2025 3 Quarter Report (“2025年第三季度报告”),
rd
and the published announcements in the Chinese version shall prevail. The complete published Chinese 2025 3
Quarter Report may be obtained at www.cninfo.com.cn.
注意：本文为公告节选，部分内容省略，完整内容请查看交易所发布的PDF全文原文。
|
|
