Uniview Overseas Growth and 2020 Financials Examined

By Isabella Cheng, Published Apr 02, 2021, 08:12am EDT (Info+)

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

*******'* **** ******* ** ** *.**% YoY ** ~$*** ******* ***, *** profits *** ** *.**% *** ** ~$88 ******* ***:

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******* ******* ** ***** *********, * ***** ******* *******, ** 2017, *** *******'* ********** *** ******** under *** ******* ******** *******, * subsidiary ** *********. ******** *******'********** ****** ** *******.

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

**** ****, *******'* ******* *** **** *.**% YoY *** ******* **** **** **.**%, but ******* *** * ****** ****** half ** ****, ****** *** **** with **** ******** ******* *** ****** growth.

*********, ** *** ******, *** *** comment ** **** *********** ** *******'* recovery ** ** ****. *******'* ********** showed **** ******** ***** ********* ** be ****** ** ** **** *** domestic ******* **** ** ****.

*******'* ****** ** **** ** ************ important *********** ** *** ** **** of ******* ***** ************ ******** ******* ******* ** ****************** * **** ** ****. *******, Uniview *** *** ***** *** **** not **** ** *** ** *********** fine ** *********.

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

*******'* ******** ***** ****** ******* ******** 2.18 ********** ****** *** **** ~**.*% to ~**.*%. ***** *** ***** ***** shows ******* ** ******** ********* (******** and ********) *** *** ******** ** Transinfo, ****** *** ** *********'* ******** revenue ***** **** *******'* ******** **********. Transinfo ******* *********** ***** ************** ********* ** **** China*** *** ******, ** ***, *********, outside ** *****.

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*******'* ******** ** ******* ******** ** likely *** ** ********* ***** ****** sales. ** *** ****** ******, ********* touted *******'* ***** ******** ** ****** needs ** ********* ***** *******:

**** ** * **** ** ****** war ******* *** ********. ******* ********** actively ********* ** *** ****** *** social ***** *** ******* ******** *********** epidemic ********** ******** *** *********, *** continue ** ******* *** ********* ******* of ******** ** ******* ******* ************ and ****** ********.

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

*******'* ******** ******* **** * ****** ~24% *** ** ~$*** ******* ***. Overseas ****** *** **** **********, ** overseas ****** ******** ~**.*% *** **** H1 **** ** ** ****. ***, ~30% ** *******'* ******* ***** **** overseas ***** *. **% ********. ******* has **** ******** ******* *** ******** sales, ** ** *** ****, ******* said *****~**% ** *********** **** ********.

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** *** ******, ********* ******** ******* established * *** ******** ************ ** 2020 ***** **** **** *** ********* outside ** *****:

** ***** ** ******** *******, *** company's ******** ******** **** ******** ** maintain * ***** ****** *****, ** 4 ***** *********** ************ ** ***, Turkey, ***** *** ********* **** ******** to ******* *** ***** *** ******* network.

***** *******'* ******** ****** ******** **** of ***** *** ********* (*.*. *****'* overseas ******* ****~*%** ****), ** ******* **** * lower ******** *** *** **** **** to ****. ******, **** ***** *** Hikvision ********* ~**% ** ***** ******* to ******** *****. *** **********, ******* is **** ******* */** *** **** of ********* *** */* *** **** of ***** **** ********* **** ****** revenue. ******* *** ****** */* *** size ** ***** **** ********* *** two's **** ****** ******* (~$*** ******* USD *** ******* *. ~$* ******* USD *** *****). ********* *** *** released *** **** ********** ***.

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

******* *** * ****** ****** ** 2020 ***** *** ***** *****'* ******* decreased *%, ***** ********* *** ******** from *** **** ********** ********** ** Q3 ****, ***** ********** ************* ******** Dahua's **** *******. **** ** * reversal **** ** ****, **** ******* reported * **.**% ******** ** ******* while ***** ******** * **.**% ******** in *******. **** ******* *** ***** reported ** ******** ** ******* **** year. *****, *******'* ***** *** ** the ******** ** ******** ***** ***** is ************* ******* **** *** ******** of ***** ***** ** *****.

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********* *** *** *** ******** *** 2020 ****** ******* *** ** ** compare ** *******'* ***********.

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

******* ***** ********* ****** ** "#*" in ***** ***** ************ ****** ***** and *********. *******, ** ******** ******** brought ** ******** **** *******'* ********* has **** ********* ***** ********* *** Dahua **** **** ***** ****. ** January ****, *** *************:

*********, *** ****** *** ** *** security ********, ********* ** ****** *** highs **** * ****** ***** ** 700 ******* (***). *** ******-***** ***** has * ****** ***** ** **** than ** *******. *** ** **** company's ********* **********, ***** ** ***** as *** ***** *** **** ** the *******, *** ******* ** ************ as *** ****** ***** ********* ** shrink?

********* ********* **** ****** ***** ***** is ******** ** **** ******* *** Univiews "********** *** ********** *** ****** and *******":

***** *** *** **** *********. *** secondary ****** ***** ***** ** ******** by ******* ******* **** ** *** market *********** *** ******** ***********. ** present, *** *******'* ********** *** ********** are ****** *** *******, *** ** will ** *** **** ** ** business ** *** ******.

***** ******* ********* **** ** ****, it ** ***** ******* ** ******** giants ***** *** *********. *********** ****** as ** *********** ** ***** *** Hikvision ** ***** ** *** **** ban ** * ********* ****** ****** for *******. ******, ****'**** ************* ******* *** ****** ********** ***** ******* *** *** **** PRC ************ ** **** ******* ** 2020, ** **** *** ** *********** alternative ** ********** / ****** ***** products (************ *******'* ***-********* ****).

Comments (2)

Undisclosed Manufacturer #1

04/02/21 12:56pm

********: ** *** ***** ******* *** others **** ** ****** **** ** banned ** *** ** **** ***** co-authoring ** *** ******* ********** ****/* 1514—2017 ***** ******** ****/********* ********?

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Isabella Cheng

IPVMU Certified | In reply to Undisclosed Manufacturer #1 | 04/06/21 01:16pm

* **** ******* ** ** ****** on *** ***** ** **-********* ****/********* tracking *********. ********* *** ***** **** banned ******* *** ******** ******* *** national ******** *******, ** * ***** think **** ******* *** ******, ** banned, ***** ** **** ** ***** the **** *********. ** ******, ** is ********** ******** *** ****/********* ** one ****** **** ****** *** ********** to ******** * ***, *** * don't ******* ** ** ***** *** critical ******* **** ***** ******* * ban.

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