海康威视耗资14.06亿元回购 持续加码创新五年研发费累达471亿元

Group 1: Share Buyback and Dividend Distribution - Hikvision has initiated a share buyback program with a total fund not exceeding 2.5 billion yuan and not less than 2 billion yuan, with a maximum repurchase price of 40 yuan per share [1] - As of April 30, 2025, Hikvision has repurchased approximately 46.54 million shares, accounting for 0.504% of the total share capital, with a total transaction amount of 1.406 billion yuan, achieving 70% of the lower limit of the buyback amount [1] - The company plans to distribute a cash dividend of 7 yuan per 10 shares, amounting to approximately 6.435 billion yuan, which represents 53.73% of the net profit for 2024 [1] Group 2: Financial Performance - In 2024, Hikvision reported total revenue of 92.5 billion yuan, a year-on-year increase of 3.53%, while net profit decreased by 15.10% to 11.98 billion yuan [2] - The decline in net profit is attributed to a mismatch between expense input and revenue rhythm amid a complex operating environment [2] - The overseas business has become a significant growth driver, with overseas revenue reaching 25.989 billion yuan, a year-on-year increase of 8.39%, accounting for 28.10% of total revenue [2] Group 3: Future Outlook and R&D Investment - In the first quarter of 2025, Hikvision achieved revenue of 18.53 billion yuan, a year-on-year increase of 4.01%, and net profit of 2.039 billion yuan, a year-on-year increase of 6.41% [3] - The company has significantly increased its R&D investment over the past five years, totaling 47.149 billion yuan from 2020 to 2024 [3] - Hikvision has established multiple local R&D centers domestically and internationally, creating a multi-level R&D system centered around its headquarters [3]