| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 1/6 |
2212 Stock Overview
Topsec Technologies Group Inc., together with its subsidiaries, provides cyber security, big data, and cloud services in China.
Topsec Technologies Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥9.33 |
| 52 Week High | CN¥21.30 |
| 52 Week Low | CN¥8.28 |
| Beta | 0.54 |
| 1 Month Change | -7.90% |
| 3 Month Change | -35.92% |
| 1 Year Change | -48.31% |
| 3 Year Change | -36.10% |
| 5 Year Change | -36.05% |
| Change since IPO | -45.15% |
Recent News & Updates
Shareholder Returns
| 2212 | CN Software | CN Market | |
|---|---|---|---|
| 7D | 1.1% | 1.3% | 2.5% |
| 1Y | -48.3% | -30.6% | -13.1% |
Return vs Industry: 002212 underperformed the CN Software industry which returned -30.6% over the past year.
Return vs Market: 002212 underperformed the CN Market which returned -13.1% over the past year.
Price Volatility
| 2212 volatility | |
|---|---|
| 2212 Average Weekly Movement | 6.8% |
| Software Industry Average Movement | 7.0% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in CN Market | 10.3% |
| 10% least volatile stocks in CN Market | 5.3% |
Stable Share Price: 002212 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 002212's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 5,357 | n/a | https://www.topsec.com.cn |
Topsec Technologies Group Inc., together with its subsidiaries, provides cyber security, big data, and cloud services in China. The company offers network security products for various fields, such as border and cloud security, security detection and management, endpoint and data security, application and wireless security, etc.; and industrial internet security products comprising production network boundary isolation, industrial control network boundary protection, production network security behavior audit, production network intrusion detection, industrial control terminal security, industrial interconnection security vulnerability scanning, production network compliance inspection, security centralized management, and enterprise situation awareness products. It also provides IoT security access gateway, security identification management, and security management center; IoT enabling platform; video security monitoring and analysis, video security audit, video data protection, drone countermeasure system, and other products; and in-vehicle security gateways, in-vehicle IDPS, in-vehicle authentication encryption, internet of vehicles security situation awareness, internet of vehicles security detection and monitoring platform, and other products.
Topsec Technologies Group Fundamentals Summary
| 2212 fundamental statistics | |
|---|---|
| Market Cap | CN¥10.79b |
| Earnings (TTM) | CN¥260.65m |
| Revenue (TTM) | CN¥3.46b |
41.4x
P/E Ratio3.1x
P/S RatioIs 2212 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2212 income statement (TTM) | |
|---|---|
| Revenue | CN¥3.46b |
| Cost of Revenue | CN¥1.38b |
| Gross Profit | CN¥2.08b |
| Other Expenses | CN¥1.82b |
| Earnings | CN¥260.65m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.23 |
| Gross Margin | 60.15% |
| Net Profit Margin | 7.52% |
| Debt/Equity Ratio | 0% |
How did 2212 perform over the long term?
See historical performance and comparisonDividends
0.4%
Current Dividend Yield17%
Payout RatioValuation
Is Topsec Technologies Group undervalued compared to its fair value and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 002212 (CN¥9.33) is trading below our estimate of fair value (CN¥25.14)
Significantly Below Fair Value: 002212 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 002212 is good value based on its PE Ratio (41.4x) compared to the CN Software industry average (48.5x).
PE vs Market: 002212 is poor value based on its PE Ratio (41.4x) compared to the CN market (31x).
Price to Earnings Growth Ratio
PEG Ratio: 002212 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 002212 is good value based on its PB Ratio (1.2x) compared to the CN Software industry average (2.9x).
Future Growth
How is Topsec Technologies Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
77.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002212's forecast earnings growth (77.4% per year) is above the savings rate (3.3%).
Earnings vs Market: 002212's earnings (77.4% per year) are forecast to grow faster than the CN market (23.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002212's revenue (33.1% per year) is forecast to grow faster than the CN market (17.3% per year).
High Growth Revenue: 002212's revenue (33.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 002212's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Topsec Technologies Group performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
11.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002212 has a large one-off gain of CN¥82.3M impacting its March 31 2022 financial results.
Growing Profit Margin: 002212's current net profit margins (7.5%) are lower than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: 002212's earnings have grown by 11% per year over the past 5 years.
Accelerating Growth: 002212's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002212 had negative earnings growth (-43.6%) over the past year, making it difficult to compare to the Software industry average (-11.7%).
Return on Equity
High ROE: 002212's Return on Equity (2.8%) is considered low.
Financial Health
How is Topsec Technologies Group's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 002212's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002212's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥111.5M).
Debt to Equity History and Analysis
Debt Level: 002212 is debt free.
Reducing Debt: 002212 has no debt compared to 5 years ago when its debt to equity ratio was 8.6%.
Debt Coverage: 002212 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002212 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Topsec Technologies Group current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002212's dividend (0.43%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002212's dividend (0.43%) is low compared to the top 25% of dividend payers in the CN market (2.06%).
Stability and Growth of Payments
Stable Dividend: 002212's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002212's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.8%), 002212's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002212 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average board tenure
CEO
Topsec Technologies Group has no CEO, or we have no data on them.
Board Members
Experienced Board: 002212's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
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
Topsec Technologies Group Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Topsec Technologies Group Inc.
- Ticker: 2212
- Exchange: XSEC
- Founded: 1985
- Industry: Systems Software
- Sector: Software
- Implied Market Cap: CN¥10.792b
- Shares outstanding: 1.16b
- Website: https://www.topsec.com.cn
Number of Employees
Location
- Topsec Technologies Group Inc.
- East side of Building 11
- No. 10 Xibeiwang East Road
- Beijing
- 100193
- China
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/23 00:00 |
| End of Day Share Price | 2022/05/20 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.