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NEWS & EVENTS

Enabling a Safer Society and Smarter Living

Dahua Technology Announces 2021 First Half-year Financial Report

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Hangzhou, China / September 4, 2021. Dahua Technology, a world leading video-centric smart IoT solution and service provider, announces its financial results for the first half of 2021. During the reporting period, the company achieved an operating revenue of RMB 13.505 billion (USD 2.09 billion), with a year-on-year increase of 37.27%. Net profit attributable to shareholders of the listed company amounted to RMB1.643 billion (USD 254 million), indicating a year-on-year increase of 20.03%.


Key Accounting Data and Financial Indicators


2021 First-half Year

2020 First-half Year

YoY Change (%)

Operating income (RMB)

13,505,005,733.89

9,838,328,853.62

37.27%

Net profit attributable to shareholders of the listed Company (RMB)

1,643,175,887.55

1,368,974,364.44

20.03%

Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses (RMB)

1,439,592,047.22

1,290,258,785.10

11.57%

Net cash flow generated by operational activities (RMB)

-871,108,797.99

-106,927,963.95

-714.67%

Basic Earnings per Share (RMB/Share)

0.56

0.47

19.15%

Diluted Earnings per Share (RMB/Share)

0.56

0.47

19.15%

Weighted Average ROE

7.92%

8.35%

-0.43%

At the End of the Current Reporting Period

At the End of the Previous Year

YoY Change (%)

Total assets (RMB)

39,765,934,297.15

36,595,034,080.75

8.66%

Net assets attributable to shareholders of the listed company (RMB)

21,502,466,967.23

19,773,030,426.40

8.75%


In the first half of 2021, the company’s overseas market achieved an operating revenue of RMB 5.728 billion (USD 886 million), with a year-on-year increase of 41.48%, accounting for 42.41% of its total revenue. Total R&D investment reached RMB 1.406 billion (USD 217 million), accounting for 10.41% of the operating revenue. The main business strategies include: Continuously increase R&D investment and improve innovation capability and core technical strength; Constantly develop high-quality innovative businesses; Optimize the construction of marketing network and strengthen the coordination between technology and business; Maintain supply chain stability and enhance global delivery and service capacity; Improve organizational capacity and operational efficiency to promote steady development.


With its mission of “Enabling a safer society and smarter living”, Dahua Technology will continue to focus on “Innovation, Quality and Service” to serve its partners and customers around the world, and to fully promote the company's solid and sustainable development.


*The USD value for operating revenue, net profit attributable to shareholders of the listed company, and R&D investment of the company in this news article is based on the exchange rate on September 1st, 2021 (6.4679) and for reference purposes only.

Topic:ServiceQualityInnovationFinancial Report