Hikvision Returns To Growth Driven By Overseas Fever Cameras

By Charles Rollet, Published Jul 29, 2020, 09:23am EDT

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

IPVM Image

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.

** **** ****, ** examine*********'* ** **** ********* disclosures*** **** **** ***** for ********* ***** *******.

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

** **** ***** **** up *.**% ** $*.** billion *** ****** ** 9.66% ** $*** ******* for *** ***** **** of **** (******** ** the **** ****** **** year):

IPVM Image

* ***** ******** ** 1.45% *** *** ***** half ** *** **** is *** ******** ** Hikvision's ******** ****-**** *******:

*********'* ** **** ***** were ** *.**% ****-**-****. This ** * *********** improvement**** ** ** **** year, **** *********'* ***** (year-on-year) **** **** **** 5% ** ***** ********* with *** ***** *****-** outbreak ** *****. ** is ***** * *** Q2 ****** ******** ** previous *****:

IPVM Image

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

***** *** ******* ******** even ****** *** ***** growth *** ****** ****** positively ** ********* *******, with ********* ***** ******* 10% ** ****** **** the ****** *** ******** (the ******* ***** ***** in *****):

IPVM Image

*** ***** ***** *** continued ****** **** ****, hitting **.** **** *** share ** *********'* ***** i.e. ** **** **% since *** ****-**** ****** was ********.

*******, ***** *********'* ***** price ****** ** ** all-time **** ** **** 2017, ** *** **** 3 *****, *** *******'* stock ***** *** ****** significantly *** ******** ***** its **** ****:

IPVM Image

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

*** ****-**** ****** ****** that *********'* ***** ***** were **** *.**% ****-**-****; however ******** ***** *** up *.**%. **** ***** Hikvision *** ***** ***** 69% ** *** ***** domestically, **** **** **% last ****.

IPVM Image

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

****** ********** ****, ********* *** ***** which ******** ******* **** contributing ** *** ******** revenues ******, *******, ********* did *** **** * precise *********. ** *** state **** "*** ********** large ******** ** ******** revenue **** **** ******* imaging ********":

********* ***** *** ******** is *********** ********** **** have ****** ********. ** the ***** **** ** the ****, **** ********* were *** ** *** epidemic, *** *********** ******** was ********. *** ********** large ******** ** ******** revenue **** **** ******* imaging ********.

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

********* ******** * **.**% overseas ****** ****** ** 2020:

IPVM Image

**** ** * ****** high *** ********* ******** to ****** *****:

** *********** ****, ********* *** ***** whether **** *** *** to "******** ********". *******, Hikvision ******* **** *** actually *** ** ***** conferencing *******/*******.

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

[*********] *: *****, ******* the ******** ******** ****** has * ********** ***** base, *** ****** ** infrared ******** ***** ** still *******. *** ****** is ******* *** ******* structure ** ******** ** the ***** *** ****** quarters ** **** ******** by *** ********, *** the ******** **** **** 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]

********* **** ****** **** its ******** ***** ******** are "********** ******-***":

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

* : **** ********** cannot ** ***** [...] It ****** ** **** that *** ******** **** overseas **** ** ******-***, thank ***.

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

********* **** **** ** China, *** ******* ******* hit ** *** ******** was *****/****** ********** *** government, ********** **** *** operating ****** (******) *** the "***** *** ****** Business *****" (****) *** "Public ******** *****" (***, i.e. **********) **** **** -26.90% *** -*.**%, ************ whereas ********** ******* **** up **** **%:

IPVM Image

** ** ******** ****, Hikvision **** ** ***** China **** ** ******* in *** ****'* ****** half:

****'* ******** ********* *** continue ** ** ******** in *** ****** **** of *** ****, *** effective ******* ** *** domestic ******** **** **** lay *** ********** *** the ****** ** ****'* growth ****.

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

********* *** *** ******* a ******** ****** *** its **** *********** ****** sales, * ******* ******** surging ********* (****** ******* *****-******* *********** Fever ****** ******).

*******,** *** ******** ****, ********* ********** ************ that **** ******* ******** "has ****** *** *******'* gross ****** ** *** first **** ** *** year", ******** ********* ***** that ********* *** ********** of ***** ******** "*** fallen":

******* ******* *********** *********** products, ******** ** *** epidemic, **** **** ******** and ******* ** *** first **** ** ****. This **** ** *** revenue *** ****** *** company's ***** ****** ** the ***** **** ** the ****. ** *******, the ********** ** ******* imaging *********** *********** ******** has ******.

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

**** ******** ****************'* ********* ******** ** India *** ** * deadly *** ***** ****** clash ******* ***** *** India, *******, ** *** earnings ****, ********* ********** this *** ** *** Indian ********** ** *** India ******* ***** *********:

*** ****** ******** *** not ***** **** ***** impact ** *******. [...] Our ***** ******* ** India ** * ****-****** joint ******* *** ** run ** *******, ** the ******** **** ** relatively *****. ** **** also **** *** *** the *********** ** *** situation ** *** ******, hoping ** **** * better ******** ***********.

*******, ********* *** **** bullish ** *** ** market, ******* ** *** "not **** ********" ******* elaborating:

*** *******, *** ******** environment ** **** ** the ****** ****** ** not **** ********.

*********, ********* ********* ** have ******** ** *** US, ************ **** *** 'Blacklist ******' ******* *** Hikvision **** **** ***** business **** *** ******* government***** **** ***** ****** 13.

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

************* ******** *********** *** ************* *** thermal ************* ** *********** its ***** ****** ************* with ******* **** ************ HikMicro; *** ****-*** ****** will ****** ******-***** ** Hikvision. ** *** ******** call, ********* **** **** move ***** ** ***** be "********** **********" ******* its "*************** **** ** stronger" ** **** *****:

*** *****-******* ******** [********] develops *** ************ ******** infrared ******* (*****). *********'* thermal ******* ******** ** based ** ******* *** thermal ******* ******** [...] In ***** ** ***** business *******, ** ******** merging *** ***. ***** the ******, *** ****** positioning ** **** ******** will ** *******, *** section **** ** **** complete, *** *** *************** will ** ********. ** we ***** **** ** this ***** **** *** needs ** ******** ***********. Other ********* **** ** thermal ******* *** **** vertically **********, ****** ******* as **** ** ********.

***** ** * ******* of *** ******** ******* in ********, *****,**** * ******* *****:

IPVM Image

**********

*********'* ******** ********** **** that *** **** ********* to ** * ***** manufacturer ******* *** ********. However, ********* *** ******* the **** ** ** fully **** ** ***** need ** ****** **** the **** **** ** remains ** ** **** whether ********* *** ****** to *** **** ***** of ******-***** ***** ******. Amidst *** **** ******* the ******** *** *** long *** *** **** will ***** ******* ******* the *******'* ******.

Comments (1)

****** *** **** ******* the ******** *** *** long *** *** **** will ***** ******* ******* the *******'* ******.

*** **** ** ****** a ******** ** **** the *** *** ***** international ********** ******** **** up. ** **** ***** the ********* **'** ***** exposed ** ** **** will ***** ** **** out ** *** *** users, ******* ****** **** further.

Read this IPVM report for free.

This article is part of IPVM's 6,733 reports, 908 tests and is only available to members. To get a one-time preview of our work, enter your work email to access the full article.

Already a member? Login here | Join now
Loading Related Reports