SZSE:002415

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Hangzhou Hikvision Digital Technology

Executive Summary

Hangzhou Hikvision Digital Technology Co., Ltd. More Details


Snowflake Analysis

Excellent balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Hangzhou Hikvision Digital Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002415 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 002415's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-10.0%

2415

-3.2%

CN Electronic

-5.1%

CN Market


1 Year Return

55.5%

2415

12.7%

CN Electronic

20.7%

CN Market

Return vs Industry: 002415 exceeded the CN Electronic industry which returned 8.5% over the past year.

Return vs Market: 002415 exceeded the CN Market which returned 19.1% over the past year.


Shareholder returns

2415IndustryMarket
7 Day-10.0%-3.2%-5.1%
30 Day-10.3%0.9%-4.5%
90 Day22.4%-5.1%-1.8%
1 Year59.4%55.5%13.6%12.7%22.6%20.7%
3 Year30.5%22.7%28.7%25.1%20.6%14.7%
5 Year348.4%306.4%76.4%70.4%40.3%30.8%

Long-Term Price Volatility Vs. Market

How volatile is Hangzhou Hikvision Digital Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Hangzhou Hikvision Digital Technology undervalued compared to its fair value and its price relative to the market?

36.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002415 (CN¥56.1) is trading above our estimate of fair value (CN¥36.17)

Significantly Below Fair Value: 002415 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002415 is good value based on its PE Ratio (38.8x) compared to the CN Electronic industry average (39.9x).

PE vs Market: 002415 is poor value based on its PE Ratio (38.8x) compared to the CN market (34.6x).


Price to Earnings Growth Ratio

PEG Ratio: 002415 is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: 002415 is overvalued based on its PB Ratio (11x) compared to the CN Electronic industry average (3.5x).


Next Steps

Future Growth

How is Hangzhou Hikvision Digital Technology forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

17.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002415's forecast earnings growth (17.2% per year) is above the savings rate (3.3%).

Earnings vs Market: 002415's earnings (17.2% per year) are forecast to grow slower than the CN market (24.7% per year).

High Growth Earnings: 002415's earnings are forecast to grow, but not significantly.

Revenue vs Market: 002415's revenue (15.7% per year) is forecast to grow slower than the CN market (18.1% per year).

High Growth Revenue: 002415's revenue (15.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002415's Return on Equity is forecast to be high in 3 years time (34%)


Next Steps

Past Performance

How has Hangzhou Hikvision Digital Technology performed over the past 5 years?

16.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002415 has high quality earnings.

Growing Profit Margin: 002415's current net profit margins (21.1%) are lower than last year (21.5%).


Past Earnings Growth Analysis

Earnings Trend: 002415's earnings have grown by 16% per year over the past 5 years.

Accelerating Growth: 002415's earnings growth over the past year (8%) is below its 5-year average (16% per year).

Earnings vs Industry: 002415 earnings growth over the past year (8%) underperformed the Electronic industry 16%.


Return on Equity

High ROE: 002415's Return on Equity (27.7%) is considered high.


Next Steps

Financial Health

How is Hangzhou Hikvision Digital Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 002415's short term assets (CN¥66.1B) exceed its short term liabilities (CN¥24.4B).

Long Term Liabilities: 002415's short term assets (CN¥66.1B) exceed its long term liabilities (CN¥6.5B).


Debt to Equity History and Analysis

Debt Level: 002415's debt to equity ratio (19.3%) is considered satisfactory.

Reducing Debt: 002415's debt to equity ratio has increased from 11.3% to 19.3% over the past 5 years.

Debt Coverage: 002415's debt is well covered by operating cash flow (141.3%).

Interest Coverage: 002415 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Hangzhou Hikvision Digital Technology current dividend yield, its reliability and sustainability?

1.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002415's dividend (1.25%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).

High Dividend: 002415's dividend (1.25%) is low compared to the top 25% of dividend payers in the CN market (1.76%).


Stability and Growth of Payments

Stable Dividend: 002415's dividends per share have been stable in the past 10 years.

Growing Dividend: 002415's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (48.4%), 002415's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 002415's dividends in 3 years are forecast to be well covered by earnings (49.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.7yrs

Average management tenure


CEO

Yangzhong Hu (55 yo)

19.25yrs

Tenure

CN¥3,089,000

Compensation

Mr. Yangzhong Hu has been General Manager of Hangzhou HIKVISION Digital Technology Co. Ltd. since December 2001. Mr. Hu has been an Executive Director of Hangzhou HIKVISION Digital Technology Co. Ltd sinc...


Leadership Team

NamePositionTenureCompensationOwnership
Yangzhong Hu
GM & Executive Director19.25yrsCN¥3.09m0.00017%
CN¥ 891.1k
Yan Jin
CFO, Senior Deputy GM & Chief Accountant5.67yrsCN¥2.49m0.0030%
CN¥ 15.9m
Weiqi Wu
Standing Deputy GM & Executive Director18yrsCN¥2.94m0.000010%
CN¥ 52.4k
Yufeng Jiang
Senior Deputy General Manager15.25yrsCN¥2.41m0.0035%
CN¥ 18.2m
Hongli He
Senior Deputy General Manager15.25yrsCN¥2.79m0.0036%
CN¥ 18.6m
Baijun Fu
Senior Deputy General Manager12.17yrsCN¥2.41m0.0053%
CN¥ 27.8m
Junke Chen
Senior Deputy General Manager3yrsCN¥2.39mno data
Duo Jin
Senior Deputy General Manager6yrsCN¥2.49m0.0012%
CN¥ 6.1m
Changyang Cai
Senior Deputy General Manager4.92yrsCN¥2.42m0.0012%
CN¥ 6.1m
Ximing Xu
Senior Deputy General Manager4.42yrsCN¥4.19m0.0021%
CN¥ 11.1m
Huijuan Bi
Senior Deputy General Manager4.42yrsCN¥4.01m0.0029%
CN¥ 15.3m
Shiliang Pu
Senior Deputy General Manager3yrsCN¥2.79m0.0032%
CN¥ 16.6m

5.7yrs

Average Tenure

49yo

Average Age

Experienced Management: 002415's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yangzhong Hu
GM & Executive Director19.25yrsCN¥3.09m0.00017%
CN¥ 891.1k
Weiqi Wu
Standing Deputy GM & Executive Director18yrsCN¥2.94m0.000010%
CN¥ 52.4k
Hongjia Gong
Vice Chairman12.75yrsno data10.41%
CN¥ 54.6b
Lirong Xu
Supervisor3yrsCN¥446.10k0.0032%
CN¥ 17.0m
Tianfeng Hong
Independent Director4.25yrsCN¥300.00kno data
Zongnian Chen
Chairman of the Board12.75yrsno datano data
Huifang Cheng
Supervisor Chairman6yrsCN¥31.30kno data
Zhidong Wang
Independent Director6yrsCN¥300.00kno data
Qiuchao Wang
Supervisor6yrsno data0.00037%
CN¥ 1.9m
Tianzong Cheng
Independent Director6yrsCN¥300.00kno data
Jianzhong Lu
Independent Director6yrsCN¥300.00kno data
Liyang Qu
Non-Independent Director3yrsno data0.00017%
CN¥ 891.1k

6.0yrs

Average Tenure

56yo

Average Age

Experienced Board: 002415's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hangzhou Hikvision Digital Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hangzhou Hikvision Digital Technology Co., Ltd.
  • Ticker: 2415
  • Exchange: SZSE
  • Founded: 2001
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: CN¥524.166b
  • Shares outstanding: 9.34b
  • Website: https://www.hikvision.com

Number of Employees


Location

  • Hangzhou Hikvision Digital Technology Co., Ltd.
  • No. 555 Qianmo Road
  • Binjiang District
  • Hangzhou
  • Zhejiang Province
  • 310051
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2415SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYMay 2010
2415XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYMay 2010

Biography

Hangzhou Hikvision Digital Technology Co., Ltd. provides video-centered intelligent Internet of Things solutions and big data services worldwide. The company offers network cameras, PTZ cameras, explosion-...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/09 09:01
End of Day Share Price2021/03/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.