海康威视(002415) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 16,201,189,412.53, a decrease of 1.94% compared to CNY 16,521,549,351.36 in the same period last year[3] - The net profit attributable to shareholders for Q1 2023 was CNY 1,811,255,388.03, representing a decline of 20.69% from CNY 2,284,174,955.78 year-on-year[3] - The net profit after deducting non-recurring gains and losses was CNY 1,554,094,332.67, down 29.67% from CNY 2,210,077,663.70 in the previous year[4] - The basic earnings per share for Q1 2023 was CNY 0.196, down 20.65% from CNY 0.247 in the same period last year[4] - The diluted earnings per share was CNY 0.196, reflecting a decrease of 20.33% from CNY 0.246 year-on-year[4] Cash Flow and Assets - The net cash flow from operating activities improved by 15.86%, amounting to CNY -3,285,523,507.64 compared to CNY -3,904,933,407.63 in the same period last year[4] - Hikvision's cash and cash equivalents at the end of Q1 2023 amounted to ¥37,960,195,958.77, a decrease from ¥40,011,863,999.94 at the beginning of the year, reflecting a decline of approximately 5.2%[18] - The total current assets decreased from ¥97,906,637,507.41 at the beginning of the year to ¥95,207,306,822.11, indicating a reduction of about 2.8%[18] - The company's long-term equity investments decreased from ¥1,252,033,513.41 to ¥1,167,426,208.70, representing a decline of approximately 6.8%[18] - The total assets at the end of Q1 2023 were CNY 117,177,724,893.23, a decrease of 1.73% from CNY 119,233,282,761.47 at the end of the previous year[4] Shareholder Information - The total number of common shareholders at the end of the reporting period is 329,519[12] - The largest shareholder, China Electronics HIK Group Co., Ltd., holds 36.35% of shares, totaling 3,403,879,509 shares[12] - The second-largest shareholder, Gong Hongjia, holds 10.28% of shares, totaling 962,504,814 shares[12] - The company has pledged 50,000,000 shares held by China Electronics HIK Group Co., Ltd.[12] - The company has a significant number of pledged shares, including 71,270,000 shares held by Gong Hongjia[12] Strategic Initiatives - The company is progressing with the spin-off of Hikrobot to list on the Shenzhen Stock Exchange's ChiNext board, with the application documents accepted on March 7, 2023[15] - Hikvision plans to increase the registered capital of its wholly-owned subsidiary, Shijiazhuang Sensitech, by ¥239,800.00 million, with Hikvision investing ¥134,520.00 million to maintain a 56.0969% stake[15] - The company has successfully introduced strategic investors into Shijiazhuang Sensitech, raising a total of ¥105,280.00 million through public listing[16] Research and Development - Research and development expenses increased to CNY 2,464,108,463.39, up 19.14% from CNY 2,067,978,716.34 year-over-year[20] Debt and Liabilities - Total liabilities decreased to CNY 41,817,117,228.67 from CNY 46,265,940,078.87 at the beginning of the year[20] - Short-term borrowings decreased to CNY 2,649,065,150.61 from CNY 3,343,071,972.89[20] - Long-term borrowings increased significantly to CNY 10,674,015,567.53 from CNY 7,522,315,341.60[20] - The company paid 1,509,838,609.44 in debt repayments during Q1 2023, compared to 70,362,288.03 in the previous period, indicating a significant increase[23] Investment Activities - The total cash outflow from investment activities was 2,532,159,997.92, an increase from 2,339,408,268.33 in the previous period, reflecting a rise of about 8.2%[23] - The cash flow from investment activities showed a net outflow of (758,788,857.48), slightly improved from (795,128,733.12) in the previous period[23] Audit Information - The company did not conduct an audit for the Q1 2023 report[24]