Uniview Overseas Growth and 2020 Financials Examined

By Isabella Cheng, Published Apr 02, 2021, 08:12am EDT

Uniview recovered from a sales and profit slowdown in the first half of 2020, reporting revenue and profit growth for the whole year.

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In this post, IPVM examines Uniview's 2020 financials, including:

  • Revenue and profits grow for full-year 2020
  • Recovery since H1 2020
  • High margin products overseas drive profit growth
  • Strong overseas revenue growth
  • Profits increased compared to Dahua
  • Competition against Dahua and Hikvision

Revenue ** *.**%, ******* ** *.**%

*******'* **** ******* ** up *.**% *** ** ~$805 ******* ***, *** profits *** ** *.**% YoY ** ~$** ******* USD:

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******* ******* ** ***** *********, * ***** ******* company, ** ****, *** Uniview's ********** *** ******** under *** ******* ******** Jiaozhi, * ********** ** Transinfo. ******** *******'********** ****** ** *******.

Recovery ***** ** ****

**** ****, *******'* ******* *** down *.**% *** *** profits **** **** **.**%, but ******* *** * strong ****** **** ** 2020, ****** *** **** with **** ******** ******* and ****** ******.

*********, ** *** ******, did *** ******* ** what *********** ** *******'* recovery ** ** ****. Uniview's ********** ****** **** overseas ***** ********* ** be ****** ** ** 2020 *** ******** ******* grew ** ****.

*******'* ****** ** **** is ************ ********* *********** it *** ** **** of ******* ***** ************ ******** ******* ******* to ****************** * **** ** 2020. *******, ******* *** its ***** *** **** not **** ** *** an *********** **** ** Transinfo.

High ****** ******** ******** ****** ****** ******

*******'* ******** ***** ****** margins ******** *.** ********** points *** **** ~**.*% to ~**.*%. ***** *** table ***** ***** ******* by ******** ********* (******** and ********) *** *** entirety ** *********, ****** all ** *********'* ******** revenue ***** **** *******'* overseas **********. ********* ******* on********* ***** ************** ********* in **** ******** *** ******, ** any, *********, ******* ** China.

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*******'* ******** ** ******* overseas ** ****** *** to ********* ***** ****** sales. ** *** ****** report, ********* ****** *******'* quick ******** ** ****** needs ** ********* ***** cameras:

**** ** * **** of ****** *** ******* the ********. ******* ********** actively ********* ** *** market *** ****** ***** and ******* ******** *********** epidemic ********** ******** *** solutions, *** ******** ** promote *** ********* ******* of ******** ** ******* product ************ *** ****** delivery.

Strong ******** ******* ******

*******'* ******** ******* **** a ****** ~**% *** to ~$*** ******* ***. Overseas ****** *** **** consistent, ** ******** ****** increase ~**.*% *** **** H1 **** ** ** 2020. ***, ~**% ** Uniview's ******* ***** **** overseas ***** *. **% domestic. ******* *** **** steadily ******* *** ******** sales, ** ** *** 2020, ******* **** *****~**% ** *********** **** ********.

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** *** ******, ********* revealed ******* *********** * new ******** ************ ** 2020 ***** **** **** its ********* ******* ** China:

** ***** ** ******** markets, *** *******'* ******** business **** ******** ** maintain * ***** ****** trend, ** * ***** established ************ ** ***, Turkey, ***** *** ********* will ******** ** ******* the ***** *** ******* network.

***** *******'* ******** ****** outpaces **** ** ***** and ********* (*.*. *****'* overseas ******* ****~*%** ****), ** ******* from * ***** ******** and *** **** **** to ****. ******, **** Dahua *** ********* ********* ~40% ** ***** ******* to ******** *****. *** comparison, ******* ** **** roughly */** *** **** of ********* *** */* the **** ** ***** when ********* **** ****** revenue. ******* *** ****** 1/5 *** **** ** Dahua **** ********* *** two's **** ****** ******* (~$800 ******* *** *** Uniview *. ~$* ******* USD *** *****). ********* has *** ******** *** 2020 ********** ***.

Uniview's ******* ********* ******** ** ***** *****

******* *** * ****** growth ** **** ***** its ***** *****'* ******* decreased *%, ***** ********* the ******** **** *** chip ********** ********** ** Q3 ****, ***** ********** significantly ******** *****'* **** profits. **** ** * reversal **** ** ****, when ******* ******** * 13.18% ******** ** ******* while ***** ******** * 10.50% ******** ** *******. Both ******* *** ***** reported ** ******** ** revenue **** ****. *****, Uniview's ***** *** ** the ******** ** ******** range ***** ** ************* smaller **** *** ******** of ***** ***** ** doing.

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********* *** *** *** released *** **** ****** results *** ** ** compare ** *******'* ***********.

Competition ******* ***** *** *********

******* ***** ********* ****** as "#*" ** ***** video ************ ****** ***** and *********. *******, ** investor ******** ******* ** concerns **** *******'* ********* has **** ********* ***** Hikvision *** ***** **** been ***** ****. ** January ****, *** *************:

*********, *** ****** *** in *** ******** ********, continues ** ****** *** highs **** * ****** value ** *** ******* (RMB). *** ******-***** ***** has * ****** ***** of **** **** ** billion. *** ** **** company's ********* **********, ***** is ***** ** *** third *** **** ** the *******, *** ******* by ************ ** *** market ***** ********* ** shrink?

********* ********* **** ****** share ***** ** ******** by **** ******* *** Univiews "********** *** ********** are ****** *** *******":

***** *** *** **** attention. *** ********* ****** share ***** ** ******** by ******* ******* **** as *** ****** *********** and ******** ***********. ** present, *** *******'* ********** and ********** *** ****** and *******, *** ** will ** *** **** to ** ******** ** the ******.

***** ******* ********* **** in ****, ** ** still ******* ** ******** giants ***** *** *********. Positioning ****** ** ** alternative ** ***** *** Hikvision ** ***** ** the **** *** ** a ********* ****** ****** for *******. ******, ****'**** ************* ******* *** Losing ********** ***** ******* *** the **** *** ************ to **** ******* ** 2020, ** **** *** an *********** *********** ** sanctioned / ****** ***** products (************ *******'* ***-********* line).

Comments (2)

********: ** *** ***** Uniview *** ****** **** as ****** **** ** banned ** *** ** with ***** **-********* ** the ******* ********** ****/* 1514—2017 ***** ******** ****/********* tracking?

Agree
Disagree: 1
Informative: 2
Unhelpful
Funny: 1

* **** ******* ** if ****** ** *** basis ** **-********* ****/********* tracking *********. ********* *** Dahua **** ****** ******* for ******** ******* *** national ******** *******, ** I ***** ***** **** Uniview *** ******, ** banned, ***** ** **** so ***** *** **** reasoning. ** ******, ** is ********** ******** *** race/ethnicity ** *** ****** that ****** *** ********** to ******** * ***, but * ***'* ******* it ** ***** *** critical ******* **** ***** trigger * ***.

Agree
Disagree
Informative
Unhelpful
Funny
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