Dahua's 2017 FY Preliminary Earnings Estimate shows a year-on-year growth of 41.44%
Zhejiang Dahua Technology (Dahua), a leading solution provider in the global video surveillance industry, released its unaudited preliminary earnings estimate for 2017.In 2017, Dah...
Zhejiang Dahua Technology (“Dahua”), a leading solution provider in the global video surveillance industry, released its unaudited preliminary earnings estimate for 2017.
In 2017, Dahua achieved a gross revenue of CNY 18,852,104,991.81 (USD 2.89 billion)，representing a year-on-year increase of 41.44%. Total profits reached CNY 2,633,776,603.92 (USD 403.08 million), a year-on-year growth 30.88%. Net profit attributable to shareholders of listed companies reached CNY 2,378,228,515.67 (USD 363.97 million), growing 30.30% year on year.
2017 Key Financial Data and Indicators (Units: CNY)
|
Item |
2017 |
2016 |
Increase/(decrease) range(%) |
|
Revenue |
18,852,104,991.81 |
13,329,094,010,82 |
41.44% |
|
Operating Profits |
2,590,061,486.97 |
1,433,497,194.51 |
80.68% |
|
Total Profits |
2,633,776,603.92 |
2,012,337,526.93 |
30.88% |
|
Net Profit Attributable to Shareholders of Listed Companies |
2,378,228,515.67 |
1,825,199,447.95 |
30.30% |
|
Basic Earnings Per Share (CNY) |
0.82 |
0.63 |
30.16% |
|
Weighted Average on Net Assets Returns Ratio |
25.46% |
24.80% |
0.66% |
|
|
End of Reporting Period |
Beginning of Reporting Period |
Increase/(decrease) range (%) |
|
Total Assets |
21,520,915,289.85 |
15,366,397,939.88 |
40.05% |
|
Owner's Equity Attributable to Shareholders of Listed Companies |
10,468,125,676.33 |
8,237,011,399.80 |
27.09% |
|
Share Capital |
2,898,756,130.00 |
2,899,411,405.00 |
-0.02% |
|
Net Assets Value Per Share Attributable to Shareholders of Listed Companies (CNY) |
3.61 |
2.84 |
27.11% |
Operating Performance and Financial Status
The increase resulted mainly from the following factors: the market sentiment continued to rise; the company expanded the market and met new demands with enhanced comprehensive solutions and services; the company strengthened internal control to achieve steady growth in sales and simultaneous growth of net profits. During the reporting period, the total company assets increased by 40.05% and the net assets increased by 27.09%, mainly due to the increase in the scale of operations and rising profits.
A more detailed report will be released soon.
