Part 2/9:
In 2024, Hikvision reported a net profit of 1.196 billion yuan, a significant 15% decline compared to the previous year's performance. While there was a modest profit increase in the first quarter, the subsequent quarters saw steep losses — 10.7% in the second, 13.4% in the third, and a shocking 26.7% in the fourth quarter. The company's stock recently closed at 32.69 yuan per share, down markedly from its historic peak of 645 billion yen in early 2021, representing a staggering loss of around 340 billion yen.