New Risk • May 06
New minor risk - Earnings quality The 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. Announcement • Apr 30
360 Security Technology Inc., Annual General Meeting, May 21, 2026 360 Security Technology Inc., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Reported Earnings • Apr 30
First 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 24
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 7.6% 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 31
Third 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 28
Price target increased by 9.5% to CN¥11.00 Up 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 01
Second 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 28
High number of new and inexperienced directors There 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. Announcement • Jun 24
360 Security Technology Inc.(SHSE:601360) dropped from Shanghai Stock Exchange 180 Value Index 360 Security Technology Inc. has been removed form Shanghai Stock Exchange 180 Value Index . Declared Dividend • May 28
Dividend of CN¥0.10 announced Dividend 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 28
First 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 27
New major risk - Revenue and earnings growth Earnings 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 07
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 7.8% 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 22
Price target increased by 62% to CN¥10.05 Up 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 02
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 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 12
Consensus 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 28
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: 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 31
Third 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 31
Second 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 03
Consensus 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. Announcement • Jun 06
Levi & Korsinsky Announces Settlement in the Pending Class Action Lawsuit Against Qihoo 360 Technology Co. Ltd Levi & 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 22
New major risk - Dividend sustainability The 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 20
First 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 21
Price target decreased by 41% to CN¥7.40 Down 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 01
Third 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 31
Second 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. Announcement • Jun 08
HU HUAN acquired a 6.25% stake in 360 Security Technology Inc. (SHSE:601360) from ZHOU HONGYI HU 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 26
Full year 2022 earnings: EPS misses analyst expectations Full 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 16
Price target decreased to CN¥7.93 Down 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 16
High number of new and inexperienced directors There 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 28
Third 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. Announcement • Sep 24
360 Security Technology Inc., Annual General Meeting, Oct 10, 2022 360 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 26
Second 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 30
Consensus 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 11
Consensus 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 05
Consensus 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 27
First quarter 2022 earnings: EPS and revenues miss analyst expectations First 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 27
Insufficient new directors No 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 27
Investor sentiment deteriorated over the past week After 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 28
Third 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 14
Price target decreased to CN¥12.37 Down 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. Announcement • Sep 13
360 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 31
Second 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 04
Price target decreased to CN¥16.23 Down 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 29
Price target decreased to CN¥16.23 Down 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 25
First 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 09
New 90-day low: CN¥14.81 The 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 11
New 90-day high: CN¥17.75 The 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 17
New 90-day low: CN¥15.05 The 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 03
Third quarter 2020 earnings released: EPS CN¥0.08 The 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. Announcement • Oct 30
360 Security Technology Inc. to Report Q3, 2020 Results on Oct 31, 2020 360 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 27
New 90-day low: CN¥16.44 The 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. Announcement • Sep 28
360 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 24
New 90-day low: CN¥17.12 The 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. Announcement • Jul 30
360 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. Announcement • Jul 17
360 Security Technology Inc. to Report First Half, 2020 Results on Aug 29, 2020 360 Security Technology Inc. announced that they will report first half, 2020 results on Aug 29, 2020 
