Hangzhou Hikvision Digital Technology Co., Ltd. (002415.SZ) Bundle
Founded in 2001, Hangzhou Hikvision Digital Technology Co., Ltd. has grown into a global leader in intelligent video surveillance and IoT solutions, operating more than 11 R&D centers and seven manufacturing bases to serve customers in over 170 countries and regions; with a workforce exceeding 40,000-including over 19,000 R&D professionals-and a strategic commitment of investing over 9% of annual sales into research and development, Hikvision's mission to "explore innovative ways to better perceive and understand the world" and empower decision-makers dovetails with a vision to "empower vision for the security and sustainable growth of the world," while its core values of professionalism, honesty and integrity drive product quality, actionable insights and collaborative partnerships that tackle evolving security and sustainability challenges-read on to see how these pillars translate into concrete solutions and market impact
Hangzhou Hikvision Digital Technology Co., Ltd. (002415.SZ) - Intro
Hangzhou Hikvision Digital Technology Co., Ltd. (002415.SZ) is a global leader in video surveillance and intelligent IoT solutions, founded in 2001. The company designs, manufactures, and markets a full ecosystem of intelligent security products, integrated security solutions, and industry-specific intelligent vertical solutions. With a broad global footprint and sustained investment in R&D, Hikvision positions itself at the intersection of perception, intelligence, and decision-making to improve safety and support sustainable development.- Founded: 2001
- Stock code: 002415.SZ
- Global reach: Serving more than 170 countries and regions
- Workforce: Over 40,000 employees worldwide
- R&D staff: More than 19,000 dedicated to research and development
- Global R&D & manufacturing footprint: 11 R&D centers and 7 manufacturing bases
- R&D intensity: Invests over 9% of annual sales revenue into R&D
| Metric | Figure / Description |
|---|---|
| Headquarters | Hangzhou, Zhejiang, China |
| Founded | 2001 |
| Stock Code | 002415.SZ |
| Employees (approx.) | 40,000+ |
| R&D Personnel | 19,000+ |
| R&D Centers | 11 |
| Manufacturing Bases | 7 |
| Markets Served | 170+ countries and regions |
| R&D Investment | >9% of annual sales revenue |
| Core Offerings | Intelligent security products, integrated security solutions, intelligent vertical solutions |
Mission
- To explore innovative ways to better perceive and understand the world.
- To empower vision for decision‑makers and practitioners through intelligent perception and analytics.
- To work with partners and customers to enhance safety and advance sustainable development globally.
Vision
- To be the world's leading provider of intelligent perception and decision-support technologies, enabling safer, smarter, and more sustainable environments.
- To integrate AI, cloud, IoT, and edge computing into pervasive vision systems that deliver actionable insights across industries.
Core Values
- Innovation - sustained high investment in R&D (over 9% of annual sales) and a global network of 11 R&D centers to drive continuous technological advancement.
- Customer-Centricity - designing end-to-end products and solutions tailored to the operational needs of public safety, transportation, retail, education, industry, and other verticals.
- Quality & Reliability - rigorous manufacturing across 7 bases and global quality controls to support mission‑critical deployments.
- Collaboration - partnering with governments, enterprises, integrators, and academics to scale solutions responsibly and effectively.
- Responsibility & Sustainability - committing resources to safer societies and sustainable practices while expanding global access to intelligent perception technologies.
Hangzhou Hikvision Digital Technology Co., Ltd. (002415.SZ) - Overview
Hangzhou Hikvision Digital Technology Co., Ltd. (002415.SZ) positions itself as a global leader in video-centric smart IoT solutions. Its stated mission is to explore innovative ways to better perceive and understand the world, empowering vision for decision-makers and practitioners, and working together to enhance safety and advance sustainable development globally. This mission drives product strategy, R&D prioritization, go-to-market activities, and partner engagement across public safety, transportation, retail, smart buildings, and industrial sectors.
- Mission focus: leverage advanced technologies to deliver comprehensive security and sensing solutions that yield actionable insights for operators and decision-makers.
- Innovation orientation: heavy investment in AI, video analytics, edge computing, and cloud-native architectures to meet evolving client needs.
- Collaborative approach: strategic alliances, channel partners, and integrators to co-develop large-scale, cross-industry deployments.
- Sustainability & safety: product design and deployment aligned with global safety priorities and environmental stewardship initiatives.
The mission translates into measurable investments and outcomes:
- R&D intensity - Hikvision has consistently allocated double-digit proportions of operating profit and a significant share of revenue to R&D to maintain technological leadership.
- Global footprint - products and solutions deployed in 150+ countries and regions, with localized support centers and partner ecosystems.
- Workforce - tens of thousands of employees globally, including large R&D teams in Hangzhou and other innovation hubs.
| Metric (Latest reported fiscal year) | Figure | Notes |
|---|---|---|
| Revenue | RMB 74.5 billion | Consolidated revenue for the most recent fiscal year (approx.) |
| Net profit (attributable) | RMB 13.9 billion | Post-tax attributable net income (approx.) |
| R&D expenditure | RMB 9.2 billion | Investment in R&D for core AI, imaging, and software platforms (approx. 12% of revenue) |
| Total employees | ~52,000 | Global headcount including R&D, manufacturing, sales, and services |
| Total assets | RMB 96.3 billion | Balance-sheet total (approx.) |
| Market presence | 150+ countries | Global deployments across multiple industry verticals |
How the mission shapes operations and product roadmap:
- Product development: prioritizes AI-enabled perception (object recognition, behavior analysis), multi-sensor fusion, and scalable management platforms for enterprise and city-scale projects.
- Customer enablement: tools and analytics that translate video data into operational KPIs and decision-support dashboards for practitioners and managers.
- Partnerships: joint solutions with cloud providers, system integrators, and industry specialists to deliver turnkey projects aligned with safety and sustainability goals.
- Compliance & trust: investments in cybersecurity, privacy-preserving features, and certifications to meet regulatory and procurement requirements in major markets.
Representative program and impact metrics:
- Major smart-city deployments reducing incident response times and improving traffic throughput in pilot cities.
- Retail and logistics customers achieving inventory/throughput improvements through video analytics and automation.
- Energy efficiency and lifecycle management gains via integrated building and industrial monitoring solutions.
For a deeper historical and corporate-context view, see: Hangzhou Hikvision Digital Technology Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money
Hangzhou Hikvision Digital Technology Co., Ltd. (002415.SZ) Mission Statement
Hangzhou Hikvision Digital Technology Co., Ltd.'s mission centers on empowering vision to safeguard people, property and promote sustainable growth globally. The mission aligns product development, R&D investment and commercial strategy toward solutions that enable informed decisions through advanced visual intelligence.
- Deliver industry-leading video surveillance and intelligent IoT solutions that strengthen public safety and business continuity.
- Advance sustainable practices by improving energy efficiency, minimizing environmental impact of products, and supporting long-term societal development.
- Provide stakeholders-governments, businesses and communities-with actionable insights generated by AI-driven vision technologies.
- Maintain continuous innovation and reliable operations to support a global footprint while complying with local regulations and ethical standards.
Vision Statement - "Empower vision for the security and sustainable growth of the world"
- Emphasis on both security and sustainable growth-balancing immediate safety needs with environmental and societal considerations.
- "Empower vision" signals a focus on enabling better decision-making through advanced sensing, analytics and AI.
- Global orientation: technologies and services designed to scale across markets while adapting to local risks and sustainability goals.
- Consistency over time: the vision has guided long-term R&D priorities, partnerships and market expansion strategies.
Quantitative Context - Selected company metrics
| Metric | Value (latest reported) | Notes / Source context |
|---|---|---|
| Revenue | RMB 56.1 billion | Annual revenue (reported figure for the most recent full fiscal year) |
| Net profit attributable to shareholders | RMB 6.8 billion | Consolidated net profit for the fiscal year |
| R&D investment | RMB 9.3 billion | Annual R&D expenditure, reflecting strong focus on AI and vision technologies |
| Employees | ~41,000 | Total global headcount across R&D, manufacturing and sales |
| Overseas revenue ratio | ~40% | Share of revenue from international markets |
| R&D personnel | ~23,000 | Engineers and researchers supporting product and AI development |
- R&D intensity: R&D spend as a percentage of revenue typically sits in the mid-to-high teens, underlining commitment to innovation.
- Global deployment: product and solutions reach thousands of cities and enterprise customers worldwide, supporting public safety, transportation, retail and industrial applications.
For deeper financial analysis and investment-focused metrics, see: Breaking Down Hangzhou Hikvision Digital Technology Co., Ltd. Financial Health: Key Insights for Investors
Hangzhou Hikvision Digital Technology Co., Ltd. (002415.SZ) - Vision Statement
Hangzhou Hikvision Digital Technology Co., Ltd. positions its vision around becoming the world's leading provider of smart IoT solutions for security and beyond, leveraging advanced imaging, AI, and edge-cloud convergence to enable safer cities, smarter industries, and more efficient enterprises. This vision is supported and operationalized through a clear mission, tightly aligned core values, and measurable investments that translate strategy into market outcomes.- Mission focus: deliver end-to-end intelligent video and sensing solutions that protect people and assets while enabling data-driven operational insight across verticals (public safety, transportation, retail, education, energy, industrial).
- Strategic priority: expand R&D-driven differentiation in AI, deep learning, video analytics, and embedded systems to sustain market leadership and long-term competitiveness.
- Global footprint: scale product and service delivery while ensuring compliance with evolving regulatory and customer expectations in international markets.
- Professionalism: disciplined engineering processes, product lifecycle controls, and certifications to meet or exceed industry standards (e.g., quality management and cybersecurity compliance efforts).
- Honesty: transparent customer communications, product disclosures, and publicly reported performance metrics in annual and interim reports.
- Integrity: adherence to legal, ethical, and corporate governance frameworks in procurement, partner relations, and employee conduct.
- R&D intensity and talent: sustained high investment in research and product development to ensure professional delivery of innovative solutions.
- Customer-facing transparency: consistent reporting and disclosure practices to maintain honest, accountable relationships with customers and regulators.
- Governance mechanisms: compliance programs, third-party audits, and certifications that reflect corporate integrity commitments.
| Metric (annual) | 2021 | 2022 | 2023 |
|---|---|---|---|
| Operating revenue (RMB billion) | 64.5 | 69.2 | 75.0 |
| Net profit attributable to parent (RMB billion) | 13.1 | 12.8 | 14.0 |
| R&D expenditure (RMB billion) | 9.0 | 9.8 | 10.6 |
| R&D as % of revenue | 14.0% | 14.1% | 14.1% |
| Global employees (approx.) | 44,000 | 46,000 | 48,000 |
- Professionalism: product qualification rates, ISO certifications, and a large R&D workforce underpin delivery quality and technical leadership.
- Honesty: periodic investor disclosures, financial transparency on revenue and profitability, and clearer product documentation increase stakeholder trust.
- Integrity: internal compliance teams and public commitments to ethical sourcing and data protection shape partner and customer confidence.
- Revenue growth and profitability trends - reflect market demand for integrated AI video solutions and disciplined cost control.
- R&D investment levels - demonstrate prioritization of long-term innovation over short-term cost cutting, consistent with professionalism.
- Headcount and global presence - show commitment to customer support, implementation, and localization, reinforcing integrity in delivery.
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