海康威视2025年实现营收924.96亿元，净利同比增长18.46%

Core Viewpoint - Hikvision reported a stable operating performance for the year 2025, with significant improvements in profitability metrics [2]. Financial Performance - Total operating revenue reached ¥92,517,540,779.05, a slight increase of 0.02% compared to ¥92,495,525,118.30 in the previous year [3]. - Operating profit was ¥16,978,423,252.44, reflecting a year-on-year growth of 18.63% from ¥14,312,246,696.51 [3]. - Total profit amounted to ¥17,028,778,516.34, up 18.72% from ¥14,343,493,640.00 [3]. - Net profit attributable to shareholders was ¥14,188,269,426.14, an increase of 18.46% from ¥11,977,327,023.54 [3]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥13,696,015,459.25, growing by 15.92% from ¥11,814,861,641.16 [3]. - Basic earnings per share were ¥1.545, a rise of 19.12% from ¥1.297 [3]. - The weighted average return on equity was 17.29%, up 1.95 percentage points from 15.34% [3]. Financial Position - As of the end of 2025, total assets were ¥138,149,978,346, an increase of 4.65% from ¥132,016,200,156.14 at the beginning of the period [3]. - Shareholders' equity attributable to the company was ¥83,337,912,557.34, up 3.31% from ¥80,668,661,062.88 [3]. - The number of shares decreased from 9,233,198,326 to 9,164,871,550, a change of -0.74% [3]. - Net asset value per share attributable to shareholders was ¥9.093, reflecting a year-on-year increase of 4.07% from ¥8.737 [3]. Strategic Initiatives - The company actively advanced a comprehensive operational strategy adjustment in 2025, focusing on profit-centered management and promoting organizational transformation and refined management [4]. - Hikvision accelerated its digital transformation efforts to achieve high-quality and sustainable growth [4]. - The company strengthened accounts receivable management, resulting in a significant increase in operating cash flow, which supports stable operations and sustainable development [4].