View Future Growth360 Security Technology 過去の業績過去 基準チェック /16360 Security Technologyの収益は年間平均-33.1%の割合で減少していますが、 Software業界の収益は年間 減少しています。収益は年間8.2% 8.2%割合で 減少しています。 360 Security Technologyの自己資本利益率は2.2%であり、純利益率は7.3%です。主要情報-33.11%収益成長率-33.25%EPS成長率Software 業界の成長4.57%収益成長率-8.22%株主資本利益率2.19%ネット・マージン7.30%次回の業績アップデート03 Jun 2026最近の業績更新Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: CN¥0.02 (vs CN¥0.04 loss in 1Q 2025)First quarter 2026 results: EPS: CN¥0.02 (up from CN¥0.04 loss in 1Q 2025). Revenue: CN¥2.01b (up 7.9% from 1Q 2025). Net income: CN¥109.3m (up CN¥382.4m from 1Q 2025). Profit margin: 5.4% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.038 (vs CN¥0.029 loss in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.038 (up from CN¥0.029 loss in 3Q 2024). Revenue: CN¥2.24b (up 17% from 3Q 2024). Net income: CN¥159.5m (up CN¥397.2m from 3Q 2024). Profit margin: 7.1% (up from net loss in 3Q 2024). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 01Second quarter 2025 earnings released: CN¥0.001 loss per share (vs CN¥0.028 loss in 2Q 2024)Second quarter 2025 results: CN¥0.001 loss per share (improved from CN¥0.028 loss in 2Q 2024). Revenue: CN¥1.96b (flat on 2Q 2024). Net loss: CN¥8.62m (loss narrowed 96% from 2Q 2024). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 28First quarter 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.02 loss in 1Q 2024)First quarter 2025 results: CN¥0.04 loss per share (further deteriorated from CN¥0.02 loss in 1Q 2024). Revenue: CN¥1.86b (up 8.4% from 1Q 2024). Net loss: CN¥273.2m (loss widened 149% from 1Q 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.029 loss per share (vs CN¥0.02 loss in 3Q 2023)Third quarter 2024 results: CN¥0.029 loss per share (further deteriorated from CN¥0.02 loss in 3Q 2023). Revenue: CN¥1.92b (down 14% from 3Q 2023). Net loss: CN¥237.7m (loss widened 73% from 3Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 31Second quarter 2024 earnings released: CN¥0.028 loss per share (vs CN¥0.005 loss in 2Q 2023)Second quarter 2024 results: CN¥0.028 loss per share (further deteriorated from CN¥0.005 loss in 2Q 2023). Revenue: CN¥1.97b (down 22% from 2Q 2023). Net loss: CN¥231.6m (loss widened 420% from 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesNew Risk • May 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 193% Dividend per share is over 17x cash flows per share. Earnings are forecast to decline by an average of 55% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.お知らせ • Apr 30360 Security Technology Inc., Annual General Meeting, May 21, 2026360 Security Technology Inc., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time.Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: CN¥0.02 (vs CN¥0.04 loss in 1Q 2025)First quarter 2026 results: EPS: CN¥0.02 (up from CN¥0.04 loss in 1Q 2025). Revenue: CN¥2.01b (up 7.9% from 1Q 2025). Net income: CN¥109.3m (up CN¥382.4m from 1Q 2025). Profit margin: 5.4% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.New Risk • Nov 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.038 (vs CN¥0.029 loss in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.038 (up from CN¥0.029 loss in 3Q 2024). Revenue: CN¥2.24b (up 17% from 3Q 2024). Net income: CN¥159.5m (up CN¥397.2m from 3Q 2024). Profit margin: 7.1% (up from net loss in 3Q 2024). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 28Price target increased by 9.5% to CN¥11.00Up from CN¥10.05, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥10.56. Stock is up 22% over the past year. The company is forecast to post a net loss per share of CN¥0.013 next year compared to a net loss per share of CN¥0.16 last year.Reported Earnings • Sep 01Second quarter 2025 earnings released: CN¥0.001 loss per share (vs CN¥0.028 loss in 2Q 2024)Second quarter 2025 results: CN¥0.001 loss per share (improved from CN¥0.028 loss in 2Q 2024). Revenue: CN¥1.96b (flat on 2Q 2024). Net loss: CN¥8.62m (loss narrowed 96% from 2Q 2024). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Board Change • Aug 28High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. 1 highly experienced director. Co-Founder, Chairman, CEO & GM Hongyi Zhou is the most experienced director on the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Jun 24360 Security Technology Inc.(SHSE:601360) dropped from Shanghai Stock Exchange 180 Value Index360 Security Technology Inc. has been removed form Shanghai Stock Exchange 180 Value Index .Declared Dividend • May 28Dividend of CN¥0.10 announcedDividend of CN¥0.10 is the same as last year. Ex-date: 30th May 2025 Payment date: 30th May 2025 Dividend yield will be 1.0%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 68% per year over the past 7 years. However, payments have been volatile during that time.Reported Earnings • Apr 28First quarter 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.02 loss in 1Q 2024)First quarter 2025 results: CN¥0.04 loss per share (further deteriorated from CN¥0.02 loss in 1Q 2024). Revenue: CN¥1.86b (up 8.4% from 1Q 2024). Net loss: CN¥273.2m (loss widened 149% from 1Q 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.New Risk • Apr 27New major risk - Revenue and earnings growthEarnings have declined by 71% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 71% per year over the past 5 years.New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change).Price Target Changed • Feb 22Price target increased by 62% to CN¥10.05Up from CN¥6.20, the current price target is an average from 2 analysts. New target price is 18% below last closing price of CN¥12.26. Stock is up 52% over the past year. The company is forecast to post a net loss per share of CN¥0.11 next year compared to a net loss per share of CN¥0.07 last year.New Risk • Feb 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.Major Estimate Revision • Dec 12Consensus EPS estimates fall by 38%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥9.12b to CN¥8.71b. Losses expected to increase from CN¥0.045 per share to CN¥0.063. Software industry in China expected to see average net income growth of 68% next year. Consensus price target of CN¥6.20 unchanged from last update. Share price fell 3.2% to CN¥12.87 over the past week.New Risk • Nov 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.029 loss per share (vs CN¥0.02 loss in 3Q 2023)Third quarter 2024 results: CN¥0.029 loss per share (further deteriorated from CN¥0.02 loss in 3Q 2023). Revenue: CN¥1.92b (down 14% from 3Q 2023). Net loss: CN¥237.7m (loss widened 73% from 3Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 31Second quarter 2024 earnings released: CN¥0.028 loss per share (vs CN¥0.005 loss in 2Q 2023)Second quarter 2024 results: CN¥0.028 loss per share (further deteriorated from CN¥0.005 loss in 2Q 2023). Revenue: CN¥1.97b (down 22% from 2Q 2023). Net loss: CN¥231.6m (loss widened 420% from 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Aug 03Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥10.0b to CN¥9.12b. Losses expected to increase from CN¥0.022 per share to CN¥0.027. Software industry in China expected to see average net income growth of 51% next year. Consensus price target down from CN¥6.40 to CN¥6.20. Share price rose 5.0% to CN¥7.60 over the past week.お知らせ • Jun 06Levi & Korsinsky Announces Settlement in the Pending Class Action Lawsuit Against Qihoo 360 Technology Co. LtdLevi & Korsinsky informed shareholders that a settlement has been reached in the pending class action lawsuit against Qihoo 360 Technology Co. Ltd. The settlement provides for a fund of $29,750,000 to benefit class members. For the purposes of the settlement, the class is defined as: persons and entities that sold Qihoo Securities during the period from December 18, 2015 through July 15, 2016, both dates inclusive, and/or tendered/cancelled/exchanged Qihoo Securities in Qihoo's Merger, which took place on or about July 15, 2016.New Risk • Apr 22New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 236% Dividend yield: 1.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 20First quarter 2024 earnings released: CN¥0.02 loss per share (vs CN¥0.03 loss in 1Q 2023)First quarter 2024 results: CN¥0.02 loss per share (improved from CN¥0.03 loss in 1Q 2023). Revenue: CN¥1.72b (down 13% from 1Q 2023). Net loss: CN¥109.6m (loss narrowed 41% from 1Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Price Target Changed • Dec 21Price target decreased by 41% to CN¥7.40Down from CN¥12.63, the current price target is an average from 2 analysts. New target price is 14% below last closing price of CN¥8.57. Stock is up 32% over the past year. The company is forecast to post earnings per share of CN¥0.077 next year compared to a net loss per share of CN¥0.31 last year.Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.02 loss per share (vs CN¥0.20 loss in 3Q 2022)Third quarter 2023 results: CN¥0.02 loss per share (improved from CN¥0.20 loss in 3Q 2022). Revenue: CN¥2.23b (up 5.9% from 3Q 2022). Net loss: CN¥137.8m (loss narrowed 91% from 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 31Second quarter 2023 earnings released: CN¥0.005 loss per share (vs CN¥0.10 loss in 2Q 2022)Second quarter 2023 results: CN¥0.005 loss per share (improved from CN¥0.10 loss in 2Q 2022). Revenue: CN¥2.54b (up 10% from 2Q 2022). Net loss: CN¥44.6m (loss narrowed 93% from 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.お知らせ • Jun 08HU HUAN acquired a 6.25% stake in 360 Security Technology Inc. (SHSE:601360) from ZHOU HONGYIHU HUAN acquired a 6.25% stake in 360 Security Technology Inc. (SHSE:601360) from ZHOU HONGYI on June 6, 2023. HU HUAN completed the acquisition of acquired a 6.25% stake in 360 Security Technology Inc. (SHSE:601360) from ZHOU HONGYI on June 6, 2023.Reported Earnings • Apr 26Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: CN¥0.31 loss per share (down from CN¥0.13 profit in FY 2021). Revenue: CN¥9.52b (down 13% from FY 2021). Net loss: CN¥2.20b (down 344% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 53%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.Price Target Changed • Nov 16Price target decreased to CN¥7.93Down from CN¥8.60, the current price target is an average from 3 analysts. New target price is 9.9% above last closing price of CN¥7.22. Stock is down 41% over the past year. The company is forecast to post earnings per share of CN¥0.13 for next year compared to CN¥0.13 last year.Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 2 highly experienced directors. Co-Founder, Chairman & CEO Hongyi Zhou is the most experienced director on the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.20 loss per share (vs CN¥0.06 profit in 3Q 2021)Third quarter 2022 results: CN¥0.20 loss per share (down from CN¥0.06 profit in 3Q 2021). Revenue: CN¥2.11b (down 28% from 3Q 2021). Net loss: CN¥1.57b (down 463% from profit in 3Q 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.お知らせ • Sep 24360 Security Technology Inc., Annual General Meeting, Oct 10, 2022360 Security Technology Inc., Annual General Meeting, Oct 10, 2022. Agenda: To consider agreement to acquire 360's entire shareholding in Opera for $128.6 million in cash by Opera Limited.Reported Earnings • Aug 26Second quarter 2022 earnings released: CN¥0.10 loss per share (vs CN¥0.04 profit in 2Q 2021)Second quarter 2022 results: CN¥0.10 loss per share (down from CN¥0.04 profit in 2Q 2021). Revenue: CN¥2.30b (down 25% from 2Q 2021). Net loss: CN¥620.1m (down 306% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 22%, compared to a 32% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Jun 30Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥12.1b to CN¥11.6b. EPS estimate also fell from CN¥0.21 per share to CN¥0.15 per share. Net income forecast to grow 45% next year vs 52% growth forecast for Software industry in China. Consensus price target of CN¥8.60 unchanged from last update. Share price rose 2.4% to CN¥8.52 over the past week.Major Estimate Revision • Jun 11Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥13.2b to CN¥12.1b. EPS estimate also fell from CN¥0.30 per share to CN¥0.24 per share. Net income forecast to grow 109% next year vs 53% growth forecast for Software industry in China. Consensus price target down from CN¥10.53 to CN¥8.60. Share price was steady at CN¥8.40 over the past week.Major Estimate Revision • May 05Consensus revenue estimates fall by 21%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥14.3b to CN¥11.3b. EPS estimate fell from CN¥0.48 to CN¥0.47 per share. Net income forecast to grow 285% next year vs 52% growth forecast for Software industry in China. Consensus price target down from CN¥11.97 to CN¥10.53. Share price rose 4.1% to CN¥8.19 over the past week.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.04 in 1Q 2021). Revenue: CN¥2.53b (down 1.0% from 1Q 2021). Net income: CN¥221.8m (down 18% from 1Q 2021). Profit margin: 8.8% (down from 11% in 1Q 2021). Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 66%. Over the next year, revenue is forecast to grow 47%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. Independent Director Jianwen Liao was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥10.45, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.68 per share.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.08 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.92b (down 2.8% from 3Q 2020). Net income: CN¥431.6m (down 27% from 3Q 2020). Profit margin: 15% (down from 20% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Price Target Changed • Sep 14Price target decreased to CN¥12.37Down from CN¥16.23, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥12.49. Stock is down 28% over the past year.お知らせ • Sep 13360 Security Technology Inc. (SHSE:601360) announces an Equity Buyback for CNY 1,500 million worth of its shares.360 Security Technology Inc. (SHSE:601360) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,500 million worth of its shares. The shares will be repurchased at a price of CNY 18.21 per share. The repurchased shares will be used for employee stock ownership plans. The program will be valid for a period of 12 months.Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.13 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥3.07b (up 13% from 2Q 2020). Net income: CN¥301.6m (down 60% from 2Q 2020). Profit margin: 9.8% (down from 28% in 2Q 2020). The decrease in margin was driven by higher expenses.Price Target Changed • Jul 04Price target decreased to CN¥16.23Down from CN¥18.60, the current price target is an average from 5 analysts. New target price is 37% above last closing price of CN¥11.82. Stock is down 39% over the past year.Price Target Changed • May 29Price target decreased to CN¥16.23Down from CN¥18.60, the current price target is an average from 4 analysts. New target price is 33% above last closing price of CN¥12.17. Stock is down 32% over the past year.Reported Earnings • Apr 25First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.05 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥2.55b (up 13% from 1Q 2020). Net income: CN¥270.4m (down 25% from 1Q 2020). Profit margin: 11% (down from 16% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Mar 09New 90-day low: CN¥14.81The company is down 12% from its price of CN¥16.84 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.52 per share.Is New 90 Day High Low • Jan 11New 90-day high: CN¥17.75The company is up 1.0% from its price of CN¥17.55 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.58 per share.Is New 90 Day High Low • Nov 17New 90-day low: CN¥15.05The company is down 20% from its price of CN¥18.90 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.36 per share.Reported Earnings • Nov 03Third quarter 2020 earnings released: EPS CN¥0.08The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥3.00b (down 17% from 3Q 2019). Net income: CN¥588.0m (down 48% from 3Q 2019). Profit margin: 20% (down from 31% in 3Q 2019). The decrease in margin was driven by lower revenue.お知らせ • Oct 30360 Security Technology Inc. to Report Q3, 2020 Results on Oct 31, 2020360 Security Technology Inc. announced that they will report Q3, 2020 results at 10:00 PM, GMT Standard Time on Oct 31, 2020Is New 90 Day High Low • Oct 27New 90-day low: CN¥16.44The company is down 16% from its price of CN¥19.64 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.00 per share.お知らせ • Sep 28360 Security Technology Inc. (SHSE:601360) completed the acquisition of 30% stake in Tianjin Jincheng Bank Co., Ltd.360 Security Technology Inc. (SHSE:601360) signed an agreement to acquire 30% stake in Tianjin Jincheng Bank Co., Ltd. in June 2020. 360 Security Technology Inc. will acquire 90 million shares of Tianjin Jincheng Bank Co., Ltd. The Board of Directors and shareholders of 360 Security Technology Inc. has approved the transaction. Approval from China Banking and Insurance Regulatory Commission has to be obtained yet. 360 Security Technology Inc. (SHSE:601360) completed the acquisition of 30% stake in Tianjin Jincheng Bank Co., Ltd. on September 25, 2020.Is New 90 Day High Low • Sep 24New 90-day low: CN¥17.12The company is down 9.0% from its price of CN¥18.89 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.02 per share.お知らせ • Jul 30360 Security Technology Inc. (SHSE:601360) acquired a 30% stake in Kincheng Bank Of Tianjin Co.,Ltd.360 Security Technology Inc. (SHSE:601360) acquired a 30% stake in Kincheng Bank Of Tianjin Co.,Ltd. on June 5, 2020. As a result of the transaction, 360 Security Technology Inc. becomes the biggest shareholder of Kincheng Bank Of Tianjin Co.,Ltd. 360 Security Technology Inc. (SHSE:601360) completed the acquisition of a 30% stake in Kincheng Bank Of Tianjin Co.,Ltd. on June 5, 2020.お知らせ • Jul 17360 Security Technology Inc. to Report First Half, 2020 Results on Aug 29, 2020360 Security Technology Inc. announced that they will report first half, 2020 results on Aug 29, 2020収支内訳360 Security Technology の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SHSE:601360 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 268,8406453,0623,14231 Dec 258,6932633,2993,22530 Sep 258,407-6373,1973,18630 Jun 258,083-1,0343,1683,25231 Mar 258,092-1,2573,2013,33831 Dec 247,948-1,0942,8603,20230 Sep 247,926-7032,8263,16430 Jun 248,244-6032,7603,06031 Mar 248,809-4162,7723,10631 Dec 239,055-4922,7563,10430 Sep 239,324-6082,8433,10630 Jun 239,200-2,0362,9613,26131 Mar 238,961-2,6122,9453,36231 Dec 229,521-2,2042,9933,31430 Sep 229,281-2,0662,9773,20830 Jun 2210,090-682,9482,99631 Mar 2210,8608543,0423,05331 Dec 2110,8869023,0243,12930 Sep 2112,1802,2092,9323,30130 Jun 2112,2632,3662,7693,36631 Mar 2111,9162,8232,4633,04631 Dec 2011,6152,9132,3152,87130 Sep 2011,2932,5112,1962,75130 Jun 2011,8883,0472,0972,61231 Mar 2012,3895,6932,1302,54431 Dec 1912,8415,9802,1802,52830 Sep 1913,2026,1952,2662,59730 Jun 1913,0296,0502,4092,60531 Mar 1913,0803,7042,5582,59531 Dec 1813,1293,5352,8732,54631 Mar 1812,5523,1902,3752,95431 Dec 1712,2383,3722,6702,41731 Dec 169,9041,8725,968031 Dec 1511,7161,9774,1863,22030 Sep 1511,0921,8593,5893,02230 Jun 1510,1091,6433,0452,786質の高い収益: 601360にはCN¥211.1M } という大きな 一回限りの 利益があり、過去 12 か月の財務実績が31st March, 2026に影響を及ぼしています。利益率の向上: 601360過去に利益を上げました。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 601360の収益は過去 5 年間で年間33.1%減少しました。成長の加速: 601360は昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: 601360昨年収益を上げたため、昨年の収益成長をSoftware業界 ( -2.3% ) と比較することは困難です。株主資本利益率高いROE: 601360の 自己資本利益率 ( 2.2% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 23:00終値2026/05/08 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋360 Security Technology Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。23 アナリスト機関Alicia YapBarclaysEddie LeungBofA Global ResearchRocky ZhangCCB International Securities Limited20 その他のアナリストを表示
Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: CN¥0.02 (vs CN¥0.04 loss in 1Q 2025)First quarter 2026 results: EPS: CN¥0.02 (up from CN¥0.04 loss in 1Q 2025). Revenue: CN¥2.01b (up 7.9% from 1Q 2025). Net income: CN¥109.3m (up CN¥382.4m from 1Q 2025). Profit margin: 5.4% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.038 (vs CN¥0.029 loss in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.038 (up from CN¥0.029 loss in 3Q 2024). Revenue: CN¥2.24b (up 17% from 3Q 2024). Net income: CN¥159.5m (up CN¥397.2m from 3Q 2024). Profit margin: 7.1% (up from net loss in 3Q 2024). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 01Second quarter 2025 earnings released: CN¥0.001 loss per share (vs CN¥0.028 loss in 2Q 2024)Second quarter 2025 results: CN¥0.001 loss per share (improved from CN¥0.028 loss in 2Q 2024). Revenue: CN¥1.96b (flat on 2Q 2024). Net loss: CN¥8.62m (loss narrowed 96% from 2Q 2024). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 28First quarter 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.02 loss in 1Q 2024)First quarter 2025 results: CN¥0.04 loss per share (further deteriorated from CN¥0.02 loss in 1Q 2024). Revenue: CN¥1.86b (up 8.4% from 1Q 2024). Net loss: CN¥273.2m (loss widened 149% from 1Q 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.029 loss per share (vs CN¥0.02 loss in 3Q 2023)Third quarter 2024 results: CN¥0.029 loss per share (further deteriorated from CN¥0.02 loss in 3Q 2023). Revenue: CN¥1.92b (down 14% from 3Q 2023). Net loss: CN¥237.7m (loss widened 73% from 3Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 31Second quarter 2024 earnings released: CN¥0.028 loss per share (vs CN¥0.005 loss in 2Q 2023)Second quarter 2024 results: CN¥0.028 loss per share (further deteriorated from CN¥0.005 loss in 2Q 2023). Revenue: CN¥1.97b (down 22% from 2Q 2023). Net loss: CN¥231.6m (loss widened 420% from 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
New Risk • May 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 193% Dividend per share is over 17x cash flows per share. Earnings are forecast to decline by an average of 55% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
お知らせ • Apr 30360 Security Technology Inc., Annual General Meeting, May 21, 2026360 Security Technology Inc., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time.
Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: CN¥0.02 (vs CN¥0.04 loss in 1Q 2025)First quarter 2026 results: EPS: CN¥0.02 (up from CN¥0.04 loss in 1Q 2025). Revenue: CN¥2.01b (up 7.9% from 1Q 2025). Net income: CN¥109.3m (up CN¥382.4m from 1Q 2025). Profit margin: 5.4% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
New Risk • Nov 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.038 (vs CN¥0.029 loss in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.038 (up from CN¥0.029 loss in 3Q 2024). Revenue: CN¥2.24b (up 17% from 3Q 2024). Net income: CN¥159.5m (up CN¥397.2m from 3Q 2024). Profit margin: 7.1% (up from net loss in 3Q 2024). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 28Price target increased by 9.5% to CN¥11.00Up from CN¥10.05, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥10.56. Stock is up 22% over the past year. The company is forecast to post a net loss per share of CN¥0.013 next year compared to a net loss per share of CN¥0.16 last year.
Reported Earnings • Sep 01Second quarter 2025 earnings released: CN¥0.001 loss per share (vs CN¥0.028 loss in 2Q 2024)Second quarter 2025 results: CN¥0.001 loss per share (improved from CN¥0.028 loss in 2Q 2024). Revenue: CN¥1.96b (flat on 2Q 2024). Net loss: CN¥8.62m (loss narrowed 96% from 2Q 2024). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Board Change • Aug 28High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. 1 highly experienced director. Co-Founder, Chairman, CEO & GM Hongyi Zhou is the most experienced director on the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Jun 24360 Security Technology Inc.(SHSE:601360) dropped from Shanghai Stock Exchange 180 Value Index360 Security Technology Inc. has been removed form Shanghai Stock Exchange 180 Value Index .
Declared Dividend • May 28Dividend of CN¥0.10 announcedDividend of CN¥0.10 is the same as last year. Ex-date: 30th May 2025 Payment date: 30th May 2025 Dividend yield will be 1.0%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 68% per year over the past 7 years. However, payments have been volatile during that time.
Reported Earnings • Apr 28First quarter 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.02 loss in 1Q 2024)First quarter 2025 results: CN¥0.04 loss per share (further deteriorated from CN¥0.02 loss in 1Q 2024). Revenue: CN¥1.86b (up 8.4% from 1Q 2024). Net loss: CN¥273.2m (loss widened 149% from 1Q 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
New Risk • Apr 27New major risk - Revenue and earnings growthEarnings have declined by 71% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 71% per year over the past 5 years.
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change).
Price Target Changed • Feb 22Price target increased by 62% to CN¥10.05Up from CN¥6.20, the current price target is an average from 2 analysts. New target price is 18% below last closing price of CN¥12.26. Stock is up 52% over the past year. The company is forecast to post a net loss per share of CN¥0.11 next year compared to a net loss per share of CN¥0.07 last year.
New Risk • Feb 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.
Major Estimate Revision • Dec 12Consensus EPS estimates fall by 38%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥9.12b to CN¥8.71b. Losses expected to increase from CN¥0.045 per share to CN¥0.063. Software industry in China expected to see average net income growth of 68% next year. Consensus price target of CN¥6.20 unchanged from last update. Share price fell 3.2% to CN¥12.87 over the past week.
New Risk • Nov 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.029 loss per share (vs CN¥0.02 loss in 3Q 2023)Third quarter 2024 results: CN¥0.029 loss per share (further deteriorated from CN¥0.02 loss in 3Q 2023). Revenue: CN¥1.92b (down 14% from 3Q 2023). Net loss: CN¥237.7m (loss widened 73% from 3Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 31Second quarter 2024 earnings released: CN¥0.028 loss per share (vs CN¥0.005 loss in 2Q 2023)Second quarter 2024 results: CN¥0.028 loss per share (further deteriorated from CN¥0.005 loss in 2Q 2023). Revenue: CN¥1.97b (down 22% from 2Q 2023). Net loss: CN¥231.6m (loss widened 420% from 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Aug 03Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥10.0b to CN¥9.12b. Losses expected to increase from CN¥0.022 per share to CN¥0.027. Software industry in China expected to see average net income growth of 51% next year. Consensus price target down from CN¥6.40 to CN¥6.20. Share price rose 5.0% to CN¥7.60 over the past week.
お知らせ • Jun 06Levi & Korsinsky Announces Settlement in the Pending Class Action Lawsuit Against Qihoo 360 Technology Co. LtdLevi & Korsinsky informed shareholders that a settlement has been reached in the pending class action lawsuit against Qihoo 360 Technology Co. Ltd. The settlement provides for a fund of $29,750,000 to benefit class members. For the purposes of the settlement, the class is defined as: persons and entities that sold Qihoo Securities during the period from December 18, 2015 through July 15, 2016, both dates inclusive, and/or tendered/cancelled/exchanged Qihoo Securities in Qihoo's Merger, which took place on or about July 15, 2016.
New Risk • Apr 22New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 236% Dividend yield: 1.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 20First quarter 2024 earnings released: CN¥0.02 loss per share (vs CN¥0.03 loss in 1Q 2023)First quarter 2024 results: CN¥0.02 loss per share (improved from CN¥0.03 loss in 1Q 2023). Revenue: CN¥1.72b (down 13% from 1Q 2023). Net loss: CN¥109.6m (loss narrowed 41% from 1Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Price Target Changed • Dec 21Price target decreased by 41% to CN¥7.40Down from CN¥12.63, the current price target is an average from 2 analysts. New target price is 14% below last closing price of CN¥8.57. Stock is up 32% over the past year. The company is forecast to post earnings per share of CN¥0.077 next year compared to a net loss per share of CN¥0.31 last year.
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.02 loss per share (vs CN¥0.20 loss in 3Q 2022)Third quarter 2023 results: CN¥0.02 loss per share (improved from CN¥0.20 loss in 3Q 2022). Revenue: CN¥2.23b (up 5.9% from 3Q 2022). Net loss: CN¥137.8m (loss narrowed 91% from 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 31Second quarter 2023 earnings released: CN¥0.005 loss per share (vs CN¥0.10 loss in 2Q 2022)Second quarter 2023 results: CN¥0.005 loss per share (improved from CN¥0.10 loss in 2Q 2022). Revenue: CN¥2.54b (up 10% from 2Q 2022). Net loss: CN¥44.6m (loss narrowed 93% from 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 08HU HUAN acquired a 6.25% stake in 360 Security Technology Inc. (SHSE:601360) from ZHOU HONGYIHU HUAN acquired a 6.25% stake in 360 Security Technology Inc. (SHSE:601360) from ZHOU HONGYI on June 6, 2023. HU HUAN completed the acquisition of acquired a 6.25% stake in 360 Security Technology Inc. (SHSE:601360) from ZHOU HONGYI on June 6, 2023.
Reported Earnings • Apr 26Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: CN¥0.31 loss per share (down from CN¥0.13 profit in FY 2021). Revenue: CN¥9.52b (down 13% from FY 2021). Net loss: CN¥2.20b (down 344% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 53%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
Price Target Changed • Nov 16Price target decreased to CN¥7.93Down from CN¥8.60, the current price target is an average from 3 analysts. New target price is 9.9% above last closing price of CN¥7.22. Stock is down 41% over the past year. The company is forecast to post earnings per share of CN¥0.13 for next year compared to CN¥0.13 last year.
Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 2 highly experienced directors. Co-Founder, Chairman & CEO Hongyi Zhou is the most experienced director on the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.20 loss per share (vs CN¥0.06 profit in 3Q 2021)Third quarter 2022 results: CN¥0.20 loss per share (down from CN¥0.06 profit in 3Q 2021). Revenue: CN¥2.11b (down 28% from 3Q 2021). Net loss: CN¥1.57b (down 463% from profit in 3Q 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 24360 Security Technology Inc., Annual General Meeting, Oct 10, 2022360 Security Technology Inc., Annual General Meeting, Oct 10, 2022. Agenda: To consider agreement to acquire 360's entire shareholding in Opera for $128.6 million in cash by Opera Limited.
Reported Earnings • Aug 26Second quarter 2022 earnings released: CN¥0.10 loss per share (vs CN¥0.04 profit in 2Q 2021)Second quarter 2022 results: CN¥0.10 loss per share (down from CN¥0.04 profit in 2Q 2021). Revenue: CN¥2.30b (down 25% from 2Q 2021). Net loss: CN¥620.1m (down 306% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 22%, compared to a 32% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Jun 30Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥12.1b to CN¥11.6b. EPS estimate also fell from CN¥0.21 per share to CN¥0.15 per share. Net income forecast to grow 45% next year vs 52% growth forecast for Software industry in China. Consensus price target of CN¥8.60 unchanged from last update. Share price rose 2.4% to CN¥8.52 over the past week.
Major Estimate Revision • Jun 11Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥13.2b to CN¥12.1b. EPS estimate also fell from CN¥0.30 per share to CN¥0.24 per share. Net income forecast to grow 109% next year vs 53% growth forecast for Software industry in China. Consensus price target down from CN¥10.53 to CN¥8.60. Share price was steady at CN¥8.40 over the past week.
Major Estimate Revision • May 05Consensus revenue estimates fall by 21%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥14.3b to CN¥11.3b. EPS estimate fell from CN¥0.48 to CN¥0.47 per share. Net income forecast to grow 285% next year vs 52% growth forecast for Software industry in China. Consensus price target down from CN¥11.97 to CN¥10.53. Share price rose 4.1% to CN¥8.19 over the past week.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.04 in 1Q 2021). Revenue: CN¥2.53b (down 1.0% from 1Q 2021). Net income: CN¥221.8m (down 18% from 1Q 2021). Profit margin: 8.8% (down from 11% in 1Q 2021). Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 66%. Over the next year, revenue is forecast to grow 47%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. Independent Director Jianwen Liao was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥10.45, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.68 per share.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.08 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.92b (down 2.8% from 3Q 2020). Net income: CN¥431.6m (down 27% from 3Q 2020). Profit margin: 15% (down from 20% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Price Target Changed • Sep 14Price target decreased to CN¥12.37Down from CN¥16.23, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥12.49. Stock is down 28% over the past year.
お知らせ • Sep 13360 Security Technology Inc. (SHSE:601360) announces an Equity Buyback for CNY 1,500 million worth of its shares.360 Security Technology Inc. (SHSE:601360) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,500 million worth of its shares. The shares will be repurchased at a price of CNY 18.21 per share. The repurchased shares will be used for employee stock ownership plans. The program will be valid for a period of 12 months.
Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.13 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥3.07b (up 13% from 2Q 2020). Net income: CN¥301.6m (down 60% from 2Q 2020). Profit margin: 9.8% (down from 28% in 2Q 2020). The decrease in margin was driven by higher expenses.
Price Target Changed • Jul 04Price target decreased to CN¥16.23Down from CN¥18.60, the current price target is an average from 5 analysts. New target price is 37% above last closing price of CN¥11.82. Stock is down 39% over the past year.
Price Target Changed • May 29Price target decreased to CN¥16.23Down from CN¥18.60, the current price target is an average from 4 analysts. New target price is 33% above last closing price of CN¥12.17. Stock is down 32% over the past year.
Reported Earnings • Apr 25First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.05 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥2.55b (up 13% from 1Q 2020). Net income: CN¥270.4m (down 25% from 1Q 2020). Profit margin: 11% (down from 16% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Mar 09New 90-day low: CN¥14.81The company is down 12% from its price of CN¥16.84 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.52 per share.
Is New 90 Day High Low • Jan 11New 90-day high: CN¥17.75The company is up 1.0% from its price of CN¥17.55 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.58 per share.
Is New 90 Day High Low • Nov 17New 90-day low: CN¥15.05The company is down 20% from its price of CN¥18.90 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.36 per share.
Reported Earnings • Nov 03Third quarter 2020 earnings released: EPS CN¥0.08The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥3.00b (down 17% from 3Q 2019). Net income: CN¥588.0m (down 48% from 3Q 2019). Profit margin: 20% (down from 31% in 3Q 2019). The decrease in margin was driven by lower revenue.
お知らせ • Oct 30360 Security Technology Inc. to Report Q3, 2020 Results on Oct 31, 2020360 Security Technology Inc. announced that they will report Q3, 2020 results at 10:00 PM, GMT Standard Time on Oct 31, 2020
Is New 90 Day High Low • Oct 27New 90-day low: CN¥16.44The company is down 16% from its price of CN¥19.64 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.00 per share.
お知らせ • Sep 28360 Security Technology Inc. (SHSE:601360) completed the acquisition of 30% stake in Tianjin Jincheng Bank Co., Ltd.360 Security Technology Inc. (SHSE:601360) signed an agreement to acquire 30% stake in Tianjin Jincheng Bank Co., Ltd. in June 2020. 360 Security Technology Inc. will acquire 90 million shares of Tianjin Jincheng Bank Co., Ltd. The Board of Directors and shareholders of 360 Security Technology Inc. has approved the transaction. Approval from China Banking and Insurance Regulatory Commission has to be obtained yet. 360 Security Technology Inc. (SHSE:601360) completed the acquisition of 30% stake in Tianjin Jincheng Bank Co., Ltd. on September 25, 2020.
Is New 90 Day High Low • Sep 24New 90-day low: CN¥17.12The company is down 9.0% from its price of CN¥18.89 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.02 per share.
お知らせ • Jul 30360 Security Technology Inc. (SHSE:601360) acquired a 30% stake in Kincheng Bank Of Tianjin Co.,Ltd.360 Security Technology Inc. (SHSE:601360) acquired a 30% stake in Kincheng Bank Of Tianjin Co.,Ltd. on June 5, 2020. As a result of the transaction, 360 Security Technology Inc. becomes the biggest shareholder of Kincheng Bank Of Tianjin Co.,Ltd. 360 Security Technology Inc. (SHSE:601360) completed the acquisition of a 30% stake in Kincheng Bank Of Tianjin Co.,Ltd. on June 5, 2020.
お知らせ • Jul 17360 Security Technology Inc. to Report First Half, 2020 Results on Aug 29, 2020360 Security Technology Inc. announced that they will report first half, 2020 results on Aug 29, 2020