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Hisense Visual 2022 revenue of RMB 45.738 billion

Hisense video released the 2022 annual report. The report shows that in 2022, the company achieved revenue of RMB 45.738 billion; influenced by the optimization of China’s TV market competition pattern, display technology iteration, diversified brand upgrade and global marketing upgrade and other factors, the company’s profitability improved significantly, and achieved a net profit attributable to the mother of RMB 1.679 billion during the reporting period, an increase of 47.58% year-on-year.

In addition, Hisense Vision’s operational efficiency has improved significantly, with net cash flow from operating activities reaching RMB 5,005 million in 2022, a record in the past 20 years.

Hisense Video intends to pay a cash dividend of RMB 6.44 per 10 shares (including tax) to all shareholders, totalling RMB 840 million (including tax), accounting for 50% of net profit attributable to shareholders of the listed company in 2022, a record high dividend since the listing.

The report that in 2022, Hisense Video Smart Display Terminal sales of 25.22 million units, an increase of 18.22% year-on-year.

According to Omdia and Aowei Ruiwo statistics, Hisense system TV shipments in 2022 are the second in the world.

According to the report, by market, Hisense TVs will rank No. 1 in the Chinese mainland market in 2022 in terms of retail volume and retail sales market share. In overseas markets, Hisense’s overseas TV shipment market share increased by 1.6 percentage points year-on-year, with sales ranking first in both South Africa and Australia; the market share of sales was 29.9% in South Africa and 19.7% in Australia.

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