Reported Earnings • Apr 17
Full year 2025 earnings released: EPS: CN¥0.019 (vs CN¥0.007 in FY 2024) Full year 2025 results: EPS: CN¥0.019 (up from CN¥0.007 in FY 2024). Revenue: CN¥3.07b (flat on FY 2024). Net income: CN¥53.0m (up 164% from FY 2024). Profit margin: 1.7% (up from 0.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 17
China Security Co., Ltd., Annual General Meeting, May 07, 2026 China Security Co., Ltd., Annual General Meeting, May 07, 2026, at 14:00 China Standard Time. Location: Building 5, Huazhong Xiaogui Mountain Financial and Cultural Park, Wuchang District, Wuhan, Hubei China New Risk • Apr 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.1% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Apr 10
Now 21% undervalued Over the last 90 days, the stock has risen 4.3% to CN¥4.08. The fair value is estimated to be CN¥5.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥4.00, the stock trades at a trailing P/E ratio of 55.6x. Average trailing P/E is 55x in the Electronic industry in China. Total returns to shareholders of 53% over the past three years. Aankondiging • Mar 30
China Security Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 China Security Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Buy Or Sell Opportunity • Jan 28
Now 21% undervalued Over the last 90 days, the stock has risen 22% to CN¥3.95. The fair value is estimated to be CN¥4.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jan 13
Now 20% undervalued Over the last 90 days, the stock has risen 22% to CN¥3.98. The fair value is estimated to be CN¥4.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. Aankondiging • Dec 26
China Security Co., Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 China Security Co., Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 Buy Or Sell Opportunity • Dec 10
Now 22% undervalued Over the last 90 days, the stock has risen 12% to CN¥3.90. The fair value is estimated to be CN¥4.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Dec 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Nov 20
Now 20% undervalued Over the last 90 days, the stock has risen 7.2% to CN¥4.00. The fair value is estimated to be CN¥5.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥3.81, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 55x in the Electronic industry in China. Total returns to shareholders of 48% over the past three years. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.068 (vs CN¥0.005 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.068 (up from CN¥0.005 loss in 3Q 2024). Revenue: CN¥811.3m (up 12% from 3Q 2024). Net income: CN¥195.0m (up CN¥209.4m from 3Q 2024). Profit margin: 24% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 137% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Aankondiging • Sep 30
China Security Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 China Security Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Aankondiging • Jun 30
China Security Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 China Security Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Reported Earnings • Apr 22
Full year 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.032 in FY 2023) Full year 2024 results: EPS: CN¥0.007 (down from CN¥0.032 in FY 2023). Revenue: CN¥3.05b (up 6.7% from FY 2023). Net income: CN¥20.0m (down 78% from FY 2023). Profit margin: 0.7% (down from 3.2% in FY 2023). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. New Risk • Apr 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Aankondiging • Apr 20
China Security Co., Ltd., Annual General Meeting, May 09, 2025 China Security Co., Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: Building 5, Huazhong Xiaogui Mountain Financial and Cultural Park, Wuchang District, Wuhan, Hubei China Aankondiging • Mar 28
China Security Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 China Security Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Jan 12
New major risk - Share price stability The 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.4% net profit margin). Aankondiging • Dec 27
China Security Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 China Security Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 New Risk • Nov 22
New minor risk - Share price stability The 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: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.005 loss per share (vs CN¥0.013 profit in 3Q 2023) Third quarter 2024 results: CN¥0.005 loss per share (down from CN¥0.013 profit in 3Q 2023). Revenue: CN¥727.6m (up 6.7% from 3Q 2023). Net loss: CN¥14.4m (down 139% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Aankondiging • Sep 30
China Security Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 China Security Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥2.57, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 39% over the past three years. Aankondiging • Sep 06
Hangzhou Gongwang Runying Investment Partnership (Limited Partnership) acquired 2.06% stake in China Security Co., Ltd. (SHSE:600654) from Shenzhen Zhongheng Huizhi Investment Co., Ltd. for CNY 92 million Hangzhou Gongwang Runying Investment Partnership (Limited Partnership) agreed to acquire 2.06% stake in China Security Co., Ltd. (SHSE:600654) from Shenzhen Zhongheng Huizhi Investment Co., Ltd. for CNY 92 million on August 20, 2024.
Hangzhou Gongwang Runying Investment Partnership (Limited Partnership) Completed the acquisition of 2.06% stake in China Security Co., Ltd. (SHSE:600654) from Shenzhen Zhongheng Huizhi Investment Co., Ltd. on August 20, 2024. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.002 (up from CN¥0 in 2Q 2023). Revenue: CN¥702.3m (up 14% from 2Q 2023). Net income: CN¥5.30m (up 481% from 2Q 2023). Profit margin: 0.8% (up from 0.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. New Risk • Aug 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Aankondiging • Jun 28
China Security Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 China Security Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.002 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.007 (up from CN¥0.002 loss in 1Q 2023). Revenue: CN¥611.8m (down 6.4% from 1Q 2023). Net income: CN¥19.8m (up CN¥26.9m from 1Q 2023). Profit margin: 3.2% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥0.032 (vs CN¥0.12 loss in FY 2022) Full year 2023 results: EPS: CN¥0.032 (up from CN¥0.12 loss in FY 2022). Revenue: CN¥2.86b (up 12% from FY 2022). Net income: CN¥90.1m (up CN¥426.4m from FY 2022). Profit margin: 3.2% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year. Aankondiging • Mar 30
China Security Co., Ltd., Annual General Meeting, Apr 25, 2024 China Security Co., Ltd., Annual General Meeting, Apr 25, 2024, at 15:00 China Standard Time. Location: Building 5, Huazhong Xiaogui Mountain Financial and Cultural Park, Wuchang District, Wuhan, Hubei China Aankondiging • Mar 29
China Security Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 China Security Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Aankondiging • Dec 29
China Security Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 China Security Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Apr 18
Full year 2022 earnings released: CN¥0.12 loss per share (vs CN¥1.17 loss in FY 2021) Full year 2022 results: CN¥0.12 loss per share (improved from CN¥1.17 loss in FY 2021). Revenue: CN¥2.54b (flat on FY 2021). Net loss: CN¥336.3m (loss narrowed 78% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jincai Yang was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.23 loss per share (vs CN¥0.14 loss in 3Q 2021) Third quarter 2022 results: CN¥0.23 loss per share (further deteriorated from CN¥0.14 loss in 3Q 2021). Revenue: CN¥591.3m (flat on 3Q 2021). Net loss: CN¥297.4m (loss widened 86% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Reported Earnings • Sep 01
Second quarter 2022 earnings released: CN¥0.33 loss per share (vs CN¥0.069 loss in 2Q 2021) Second quarter 2022 results: CN¥0.33 loss per share (down from CN¥0.069 loss in 2Q 2021). Revenue: CN¥668.5m (flat on 2Q 2021). Net loss: CN¥428.1m (loss widened 350% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.07 loss per share (vs CN¥0.05 loss in 1Q 2021) First quarter 2022 results: CN¥0.07 loss per share (down from CN¥0.05 loss in 1Q 2021). Revenue: CN¥530.5m (down 20% from 1Q 2021). Net loss: CN¥88.6m (loss widened 41% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jincai Yang was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.14 loss per share (vs CN¥0.056 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥587.5m (down 47% from 3Q 2020). Net loss: CN¥160.1m (loss widened 124% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: CN¥0.069 loss per share (vs CN¥0.053 loss in 2Q 2020) The company reported a mediocre second quarter result with increased losses, although control over costs was stable and revenues improved. Second quarter 2021 results: Revenue: CN¥667.8m (up 26% from 2Q 2020). Net loss: CN¥95.1m (loss widened 26% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
Full year 2020 earnings released: CN¥0.14 loss per share (vs CN¥0.05 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: CN¥3.01b (up 4.2% from FY 2019). Net loss: CN¥182.3m (down 373% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥1.60 The company is down 3.0% from its price of CN¥1.65 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: CN¥1.88 The company is up 16% from its price of CN¥1.62 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period. Is New 90 Day High Low • Nov 19
New 90-day high: CN¥1.73 The company is up 4.0% from its price of CN¥1.67 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is flat over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥98.1m, with earnings increasing by CN¥2.23b from the prior year. Total revenue was CN¥3.09b over the last 12 months, up 17% from the prior year. Is New 90 Day High Low • Oct 30
New 90-day high: CN¥1.71 The company is up 8.0% from its price of CN¥1.59 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period. Aankondiging • Oct 29
China Security Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020 China Security Co., Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Aankondiging • Jul 17
China Security Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 China Security Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020