Hikvision Returns To Growth Driven By Overseas Fever Cameras

By Charles Rollet, Published Jul 29, 2020, 09:23am EDT (Info+)

While Hikvision's revenue fell in Q1 2020, it rebounded in Q2 attributed to Hikvision's overseas revenue growth as domestic sales remained down.

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The company acknowledged that 'fever camera' sales were improving its profits but did not disclose specific figures, although it announced it is consolidating its thermal division. However, a surge in gross margins shows the profits from fever camera sales.

** **** ****, ** ****************'* ** **** ********* ************** **** **** ***** *** ********* going *******.

Hikvision **** *******, ******* **

** **** ***** **** ** *.**% to $*.** ******* *** ****** ** 9.66% ** $*** ******* *** *** first **** ** **** (******** ** the **** ****** **** ****):

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* ***** ******** ** *.**% *** the ***** **** ** *** **** is *** ******** ** *********'* ******** half-year *******:

*********'* ** **** ***** **** ** 6.16% ****-**-****. **** ** * *********** improvement**** ** ** **** ****, **** *********'* ***** (****-**-****) **** down **** *% ** ***** ********* with *** ***** *****-** ******** ** Wuhan. ** ** ***** * *** Q2 ****** ******** ** ******** *****:

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Stock ** **** **% ** ***** ****

***** *** ******* ******** **** ****** low ***** ****** *** ****** ****** positively ** ********* *******, **** ********* stock ******* **% ** ****** **** the ****** *** ******** (*** ******* daily ***** ** *****):

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*** ***** ***** *** ********* ****** this ****, ******* **.** **** *** share ** *********'* ***** *.*. ** over **% ***** *** ****-**** ****** was ********.

*******, ***** *********'* ***** ***** ****** to ** ***-**** **** ** **** 2017, ** *** **** * *****, the *******'* ***** ***** *** ****** significantly *** ******** ***** *** **** peak:

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Overseas ****** ******, ******** ****** ***** ****

*** ****-**** ****** ****** **** *********'* China ***** **** **** *.**% ****-**-****; however ******** ***** *** ** *.**%. That ***** ********* *** ***** ***** 69% ** *** ***** ************, **** from **% **** ****.

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Fever ******** ***** ******** ******* ********

****** ********** ****, ********* *** ***** ***** ******** regions **** ************ ** *** ******** revenues ******, *******, ********* *** *** give * ******* *********. ** *** state **** "*** ********** ***** ******** in ******** ******* **** **** ******* imaging ********":

********* ***** *** ******** ** *********** controlled **** **** ****** ********. ** the ***** **** ** *** ****, most ********* **** *** ** *** epidemic, *** *********** ******** *** ********. The ********** ***** ******** ** ******** revenue **** **** ******* ******* ********.

Hikvision ****** **** ******** ****** ******

********* ******** * **.**% ******** ****** margin ** ****:

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**** ** * ****** **** *** Hikvision ******** ** ****** *****:

** *********** ****, ********* *** ***** ******* **** was *** ** "******** ********". *******, Hikvision ******* **** *** ******** *** to ***** ************ *******/*******.

Question: ** *** ***** **** ** *** ****, *** ******** ***** ****** ****** *** ********* * ***. * ***** ** *** ** ******* ** *** ****** ***** ****** ****** ** ******** ********. *******, *** ******** ** ******** ***** ****** ****** ** ********** *** ** ******* ** ********. **** ** *** **** ****** *** ****? **** *****?

[*********] *: *****, ******* *** ******** business ****** *** * ********** ***** base, *** ****** ** ******** ******** alone ** ***** *******. *** ****** is ******* *** ******* ********* ** products ** *** ***** *** ****** quarters ** **** ******** ** *** epidemic, *** *** ******** **** **** also ******* **** *******.For *******, *** ***** ******* ** *** ********** ******* ** *** ***** **** ** *** **** ********* *************. *** ***** ****** ****** ** **** **** ** ******* ** ********** ****. The gross profit margin of Hikvision as a whole is a hodgepodge. It is through the combination of different product income structures that continuously show different levels of gross profit margin. [emphasis added]

********* **** ****** **** *** ******** fever ******** *** "********** ******-***":

Q: *** *** ******** ******** **** ** **** ******** *** ********** ******-***? **** *** **** ** ***** *** ********** ***-***** ********, **** ** ******** ********? ** *** ***** ****** ****** ******* ** ****?

* : **** ********** ****** ** drawn [...] ** ****** ** **** that *** ******** **** ******** **** be ******-***, ***** ***.

China ****, ********** ******* *** *******

********* **** **** ** *****, *** hardest ******* *** ** *** ******** was *****/****** ********** *** **********, ********** that *** ********* ****** (******) *** the "***** *** ****** ******** *****" (SMBG) *** "****** ******** *****" (***, i.e. **********) **** **** -**.**% *** -5.16%, ************ ******* ********** ******* **** up **** **%:

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** ** ******** ****, ********* **** it ***** ***** **** ** ******* in *** ****'* ****** ****:

****'* ******** ********* *** ******** ** be ******** ** *** ****** **** of *** ****, *** ********* ******* of *** ******** ******** **** **** lay *** ********** *** *** ****** of ****'* ****** ****.

Hikvision **** ***** **** ****** ******* *******, ******** ********** ******

********* *** *** ******* * ******** number *** *** **** *********** ****** sales, * ******* ******** ******* ********* (see*** ******* *****-******* *********** ***** ****** Market).

*******,** *** ******** ****, ********* ********** ************ **** **** product ******** "*** ****** *** *******'* gross ****** ** *** ***** **** of *** ****", ******** ********* ***** that ********* *** ********** ** ***** products "*** ******":

******* ******* *********** *********** ********, ******** by *** ********, **** **** ******** and ******* ** *** ***** **** of ****. **** **** ** *** revenue *** ****** *** *******'* ***** profit ** *** ***** **** ** the ****. ** *******, *** ********** of ******* ******* *********** *********** ******** has ******.

Hikvision ******* *** ***** ********, **** ** "*** **** ********"

**** ******** ****************'* ********* ******** ** ***** *** to * ****** *** ***** ****** clash ******* ***** *** *****, *******, in *** ******** ****, ********* ********** this *** ** *** ****** ********** of *** ***** ******* ***** *********:

*** ****** ******** *** *** ***** much ***** ****** ** *******. [...] Our ***** ******* ** ***** ** a ****-****** ***** ******* *** ** run ** *******, ** *** ******** will ** ********** *****. ** **** also **** *** *** *** *********** of *** ********* ** *** ******, hoping ** **** * ****** ******** environment.

*******, ********* *** **** ******* ** the ** ******, ******* ** *** "not **** ********" ******* ***********:

*** *******, *** ******** *********** ** face ** *** ****** ****** ** not **** ********.

*********, ********* ********* ** **** ******** in *** **, ************ **** *** 'Blacklist ******' ******* *** ********* **** from ***** ******** **** *** ******* government***** **** ***** ****** **.

Hikvision ************* ******* ********

************* ******** *********** *** ************* *** ******* ************* by *********** *** ***** ****** ************* with ******* **** ************ ********; *** spun-off ****** **** ****** ******-***** ** Hikvision. ** *** ******** ****, ********* said **** **** ***** ** ***** be "********** **********" ******* *** "*************** will ** ********" ** **** *****:

*** *****-******* ******** [********] ******** *** manufactures ******** ******** ******* (*****). *********'* thermal ******* ******** ** ***** ** sensors *** ******* ******* ******** [...] In ***** ** ***** ******** *******, we ******** ******* *** ***. ***** the ******, *** ****** *********** ** this ******** **** ** *******, *** section **** ** **** ********, *** the *************** **** ** ********. ** we ***** **** ** **** ***** from *** ***** ** ******** ***********. Other ********* **** ** ******* ******* are **** ********** **********, ****** ******* as **** ** ********.

***** ** * ******* ** *** HikMicro ******* ** ********, *****,**** * ******* *****:

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**********

*********'* ******** ********** **** **** *** firm ********* ** ** * ***** manufacturer ******* *** ********. *******, ********* who ******* *** **** ** ** fully **** ** ***** **** ** reckon **** *** **** **** ** remains ** ** **** ******* ********* can ****** ** *** **** ***** of ******-***** ***** ******. ****** *** this ******* *** ******** *** *** long *** *** **** **** ***** cameras ******* *** *******'* ******.

Comments (1)

Amidst all this remains the question for how long and how much will fever cameras bolster the company's growth.

IMO this is really a question of when the FDA and other international government agencies wake up. At that point the knowledge we're being exposed to on IPVM will begin to roll out to the end users, driving demand down further.

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