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6013

360 Security Technology SHSE:601360 Stock Report

Last Price

CN¥8.33

Market Cap

CN¥58.7b

7D

1.5%

1Y

-31.7%

Updated

18 May, 2022

Data

Company Financials +
601360 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance1/6
Financial Health4/6
Dividends2/6

601360 Stock Overview

360 Security Technology Inc., an internet security company, provides Internet and mobile security products in China.

360 Security Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for 360 Security Technology
Historical stock prices
Current Share PriceCN¥8.33
52 Week HighCN¥13.72
52 Week LowCN¥7.52
Beta0.74
1 Month Change-8.96%
3 Month Change-21.86%
1 Year Change-31.67%
3 Year Change-62.75%
5 Year Changen/a
Change since IPO-85.37%

Recent News & Updates

Shareholder Returns

601360CN SoftwareCN Market
7D1.5%0.7%1.0%
1Y-31.7%-31.7%-15.4%

Return vs Industry: 601360 matched the CN Software industry which returned -32.2% over the past year.

Return vs Market: 601360 underperformed the CN Market which returned -15.4% over the past year.

Price Volatility

Is 601360's price volatile compared to industry and market?
601360 volatility
601360 Average Weekly Movement4.4%
Software Industry Average Movement7.2%
Market Average Movement7.4%
10% most volatile stocks in CN Market10.3%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 601360 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 601360's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20057,393Hongyi Zhouhttps://www.360totalsecurity.com

360 Security Technology Inc., an internet security company, provides Internet and mobile security products in China. The company offers security services, including security consulting, security operation and maintenance, and security training services to state agencies and enterprises; and hardware products, such as mobile phones, children's watches, smart cameras, driving recorders, and home firewalls. 360 Security Technology Inc. was founded in 2005 and is based in Beijing, China.

360 Security Technology Fundamentals Summary

How do 360 Security Technology's earnings and revenue compare to its market cap?
601360 fundamental statistics
Market CapCN¥58.70b
Earnings (TTM)CN¥853.61m
Revenue (TTM)CN¥10.86b

68.8x

P/E Ratio

5.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
601360 income statement (TTM)
RevenueCN¥10.86b
Cost of RevenueCN¥4.14b
Gross ProfitCN¥6.72b
Other ExpensesCN¥5.86b
EarningsCN¥853.61m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin61.85%
Net Profit Margin7.86%
Debt/Equity Ratio1.8%

How did 601360 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

83%

Payout Ratio

Valuation

Is 360 Security Technology undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


68.76x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 601360 (CN¥8.33) is trading above our estimate of fair value (CN¥1.68)

Significantly Below Fair Value: 601360 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 601360 is poor value based on its PE Ratio (68.8x) compared to the CN Software industry average (47.8x).

PE vs Market: 601360 is poor value based on its PE Ratio (68.8x) compared to the CN market (30.4x).


Price to Earnings Growth Ratio

PEG Ratio: 601360 is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: 601360 is good value based on its PB Ratio (1.7x) compared to the CN Software industry average (2.8x).


Future Growth

How is 360 Security Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601360's forecast earnings growth (24.1% per year) is above the savings rate (3.3%).

Earnings vs Market: 601360's earnings (24.1% per year) are forecast to grow faster than the CN market (23.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 601360's revenue (10.3% per year) is forecast to grow slower than the CN market (17.3% per year).

High Growth Revenue: 601360's revenue (10.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 601360's Return on Equity is forecast to be low in 3 years time (6%).


Past Performance

How has 360 Security Technology performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-20.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 601360 has high quality earnings.

Growing Profit Margin: 601360's current net profit margins (7.9%) are lower than last year (23.7%).


Past Earnings Growth Analysis

Earnings Trend: 601360's earnings have declined by 20.8% per year over the past 5 years.

Accelerating Growth: 601360's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 601360 had negative earnings growth (-69.8%) over the past year, making it difficult to compare to the Software industry average (-12.9%).


Return on Equity

High ROE: 601360's Return on Equity (2.3%) is considered low.


Financial Health

How is 360 Security Technology's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 601360's short term assets (CN¥26.2B) exceed its short term liabilities (CN¥6.3B).

Long Term Liabilities: 601360's short term assets (CN¥26.2B) exceed its long term liabilities (CN¥1.2B).


Debt to Equity History and Analysis

Debt Level: 601360 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 601360's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 601360's debt is not well covered by operating cash flow (17.4%).

Interest Coverage: 601360 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is 360 Security Technology current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.20%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 601360's dividend (1.2%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 601360's dividend (1.2%) is low compared to the top 25% of dividend payers in the CN market (2.12%).


Stability and Growth of Payments

Stable Dividend: 601360 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 601360's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (83.2%), 601360's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 601360 is paying a dividend but the company has no free cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure


CEO

Hongyi Zhou (51 yo)

15.75yrs

Tenure

Mr. Hongyi Zhou is the Co-founder and Chief Executive Officer of 360 Security Technology Inc. (formerly known as Qihoo 360 Technology Co. Ltd.) Mr. Zhou serves as an Advisor at Eleven Two Capital. Prior to...


Leadership Team

Experienced Management: 601360's management team is seasoned and experienced (6.5 years average tenure).


Board Members

Experienced Board: 601360's board of directors are seasoned and experienced ( 11.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

360 Security Technology Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: 360 Security Technology Inc.
  • Ticker: 601360
  • Exchange: SHSE
  • Founded: 2005
  • Industry: Systems Software
  • Sector: Software
  • Implied Market Cap: CN¥58.697b
  • Shares outstanding: 7.05b
  • Website: https://www.360totalsecurity.com

Number of Employees


Location

  • 360 Security Technology Inc.
  • Building 2, Block A
  • No. 6, Jiuxianqiao Road
  • Beijing
  • 100015
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/18 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.