HIKVISION(SZ:002415) Zhong Zheng Wang·2025-08-11 14:33Group 1 - Hikvision proposed a mid-term cash dividend of 4.00 CNY per 10 shares for 2025, totaling approximately 3.6 billion CNY, following a previous dividend distribution of 7.00 CNY per 10 shares in May 2023, amounting to about 6.43 billion CNY, which represented 53.69% of the annual net profit [1] - The total cash dividends for shareholders in 2025, including the 2024 annual dividend and the 2025 mid-term dividend, will exceed 10 billion CNY [1] - The company has initiated a share repurchase plan with a scale of 2 to 2.5 billion CNY, having spent 1.86 billion CNY to repurchase 62.79 million shares by the end of July [1] Group 2 - In the first half of the year, Hikvision achieved total operating revenue of 41.82 billion CNY, a year-on-year increase of 1.48%, and a net profit attributable to shareholders of 5.66 billion CNY, up 11.71% year-on-year [2] - The net cash flow from operating activities was 5.34 billion CNY, accounting for 94% of the net profit, compared to a cash outflow of 190 million CNY in the same period last year [2] - The total accounts receivable and notes receivable at the end of the half-year was 37.26 billion CNY, a decrease of 3.38 billion CNY from the end of last year, marking only the second time in history that the company experienced a decline in accounts receivable at the end of the second quarter compared to the first quarter [2]