Dahua Technology Ltd

Zhejiang Dahua Technology Co., Ltd. (“Dahua Technology”), a video-centric smart IoT solution and service provider, announced its unaudited preliminary financial data for the year of 2018.

During the year of 2018, Dahua Technology achieved a total operating revenue of RMB 23,665,688,106.22 (USD: 3.45 billion), representing a year-on-year increase of 25.58%. Operating Profit amounted to RMB 2,696,619,590.13 (USD: 0.39 billion), representing an increase of 2.44% as compared to the corresponding period of last year. Net profits attributable to shareholders of the Company amounted to RMB 2,531,526,444.05 (USD: 0.37 billion), growing 6.42% year on year.

Key accounting data and financial indicators for 2018

Item Name The current reporting period The corresponding period of last year Increase/Decrease
Total operating revenue 23,665,688,106.22 18,844,458,053.78 25.58%
Operating Profit 2,696,619,590.13 2,632,265,210.05 2.44%
Total Profit 2,772,184,869.69 2,642,207,856.14 4.92%
Net profits attributable to shareholders of the Company 2,531,526,444.05 2,378,726,820.22 6.42%
Basic earnings per share (RMB) 0.87 0.82 6.10%
Weighted average ROE 22.21% 25.47% -3.26%
  At the end of the current reporting period At the beginning of the current reporting period Increase/Decrease
Total assets 26,350,159,781.59 21,333,478,563.97 23.52%
Owners’ equity attributable to shareholders of the Company 12,620,598,242.22 10,466,434,375.19 20.58%
Share Capital 2,997,621,930.00 2,898,756,130.00 3.41%
Net asset per share attributable to shareholders of the Company 4.21 3.61 16.62%

Improving smart IoT solution capabilities

During the reporting period, the company strengthened the precise investment in R&D, continuously improved its video-centric smart IoT solution capabilities, grasped the development trend of the market and industry, and realised the continuous growth of the company's performance.

During the reporting period, the Company’ total asset increased by 23.52% and net asset increased by 20.58%, mainly due to the expansion of the business scale and the increase of the profit.

A more detailed report will be released soon.

Share with LinkedIn Share with Twitter Share with Facebook Share with Facebook
Download PDF version

Dahua Technology Ltd news

Dahua Technology Partner Day in Madrid exhibits smart end-to-end security solutions

Dahua Technology, globally renowned video-centric smart IoT solutions and services provider, successfully held its Dahua Technology Partner Day at Estadio Wanda Metropolitano, Madrid. The event has brought together strategic technological partners of the company, who have been sharing their expertise and know-how in the development of smart end-to-end solutions. Dahua Technology Partner Day In this rapidly changing smart IoT era, challenges come with opportunities" In the afternoon, the event...

IoT solutions provider Dahua Technology discusses market trends and advancements at press lunch held in Madrid

Dahua Technology, a video-centric smart IoT solutions and service provider, held a press lunch at La Gradona Grupo Puerto Madero, Madrid, as a part of the Dahua Technology Partner Day. Hosted by Mr. Jiaqi Gao, Marketing Director of Overseas Business at Dahua Technology, and attended by 9 distinguished media entities from both inside and outside the security industry including Seguritecnia, Peldaño, Globb TV, Innovadores, and Digital Security Magazine, the press lunch provided a good oppor...

Dahua Technology collaborates with Pepper to provide enhanced security to video IoT devices

Dahua Technology, manufacturer of video surveillance products, has announced a strategic partnership with Pepper, an IoT platform-as-a-service, to allow the integration of its intelligent solutions into Dahua hardware. Highly secure cloud hosting Pepper’s U.S.-based platform powers connected devices around the world, delivering highly secure and private connected services via enterprise partnerships. Pepper’s platform-as-a-service approach caters to global consumer electronics manu...

Dahua Technology Ltd case studies

Dahua Technology’s intelligent video surveillance cameras offer AI-enabled video security for Allianz Parque

Allianz Parque has become one of the most modern multi-purpose arenas in Latin America since it was built in 2014 by WTorre Properties. The stadium is located at the same place of the old Palestra Itália Stadium with a capacity of more than forty thousand spectators. The stadium not just meets FIFA standards but was also awarded various prizes including the Master Award in the 11th edition of the Grand Prize for Corporate Architecture, the Accessibility Seal, delivered by the Permanent A...

Dahua delivers customised monitoring solution for Pengsheng Industrial Park in Uzbekistan

Pengsheng Industrial Park is the first investment project by a Chinese private enterprise in Uzbekistan that has been acknowledged and ratified by the governments of the two countries. Located in Uzbekistan's Sirdaryo state, the Pengsheng Industrial Park is the biggest non-energy cooperation project between China and the Central Asian country. At present, there are over 10 workshops covering various fields with a total number of more than 1,500 employees. As a model project of China-Uzbekistan...

Dahua delivers cameras, monitors and switches for surveillance of city centre in Lincoln

A 300-plus camera city centre video surveillance scheme in Lincoln has been installed and commissioned using cameras, monitors and switching equipment from Dahua Technology. The previous analogue-based CCTV system was more than 20 years old and had become expensive to maintain, so City of Lincoln Council decided to replace the analogue cameras and transmission equipment with HD digital equipment. The total cost of ownership has been reduced by the savings made on legacy fibre lease costs, as we...