Dahua Technology First-Half 2017 Financial Flash Report: Revenue reaches RMB 7.465 billion, year-on-year increase of 50.81%

Times:2017-07-31 Browse:2434

HANGZHOU, China /July 31, 2017 Zhejiang Dahua Technology Co., Ltd. (Shenzhen Stock Exchange: 002236) (“Dahua”), a leading solution provider in the global video surveillance industry, announced its unaudited financial flash report for the first half of 2017.


During the first half of 2017, Dahua achieved a gross revenue of RMB 7,464,664,934.38, (USD: 1.11billion), presenting a year-on-year increase of 50.81%. Operating profit reached RMB 1,117,215,103.68 (USD: 165.63million), a year-on-year increase of 94.36%. Net profit attributable to shareholders of listed companies reached RMB 983,001,211.23 (USD: 145.73million), increasing 38.50% year on year.


First-Half 2017 Key Financial Data and Indicators

Units: RMB

Item

H1 2017

H1 2016

Change (%)

Gross Revenue

7,464,664,934.38

4,949,746,889.51

50.81%

Operating Profits

1,117,215,103.68

574,806,990.64

94.36%

Total Profits

1,133,184,395.10

816,764,899.31

38.74%

Net Profit Attributable to Public Shareholders of Listed Companies

983,001,211.23

709,741,024.33

38.50%

Base earnings per share (RMB)

0.34

0.25

36.00%

Weighted average return rate on net assets

11.29%

10.43%

0.86%

Reporting Period End

Reporting Period Start

Change (%)

Total assets

16,997,986,152.21

15,366,397,939.88

10.62%

Owner's equity attributable to public company shareholders

9,070,366,009.15

8,237,011,399.80

10.12%

Share capital

2,898,756,130.00

2,899,411,405.00

-0.02%

Net assets attributable to public company shareholders (RMB)

3.13

2.84

10.21%


Operating Performance and Financial Status


Centered on the company's core technology with continued expansions into R&D investment and improved video surveillance solutions, Dahua actively explores and adapts to main industry development trends, continually expanding in the market, thus achieving sustained and steady growth performance.


During the reporting period, total company assets increased by 10.62% and net assets increased by 10.12%, mainly due to the increase in the scale of operations and rising profits.


Net assets per share attributable to public shareholders of listed companies increased by 10.21% as compared to the same period last year, which was mainly due to the increase in net profit attributable to public company shareholders of listed companies.


A more detailed report will be released soon.