CETC Cyberspace Security Technology Co 002268.SZ · CNY
Information Technology · Shenzhen · 🇨🇳 China
13.73
-1.51%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥2.27bn
FY2016FY2025
Net income
CN¥57.6m
FY2016FY2025
Free cash flow
CN¥242.3m
FY2016FY2025
Shareholders' equity
CN¥5.65bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.27bn | CN¥2.47bn | CN¥3.07bn | CN¥3.44bn | CN¥2.95bn | CN¥2.38bn | CN¥2.10bn | CN¥1.93bn | CN¥2.14bn | CN¥1.80bn |
| Gross profit | CN¥851.9m | CN¥995.9m | CN¥1.28bn | CN¥1.20bn | CN¥1.02bn | CN¥830.0m | CN¥675.6m | CN¥664.8m | CN¥746.5m | CN¥623.9m |
| Research and development | CN¥345.0m | CN¥383.7m | CN¥422.9m | CN¥377.3m | CN¥290.8m | CN¥247.6m | CN¥191.6m | CN¥192.7m | CN¥180.8m | CN¥151.6m |
| Operating income | CN¥16.2m | CN¥149.5m | CN¥351.6m | CN¥324.5m | CN¥252.6m | CN¥165.7m | CN¥147.8m | CN¥105.3m | CN¥196.7m | CN¥123.2m |
| Net income | CN¥57.6m | CN¥158.2m | CN¥348.8m | CN¥306.6m | CN¥251.4m | CN¥161.4m | CN¥155.8m | CN¥120.2m | CN¥169.1m | CN¥155.8m |
| Diluted earnings per share | 0.07 | 0.19 | 0.41 | 0.36 | 0.30 | 0.19 | 0.12 | 0.14 | 0.24 | 0.23 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥7.38bn | CN¥7.20bn | CN¥7.63bn | CN¥7.57bn | CN¥7.07bn | CN¥6.48bn | CN¥5.96bn | CN¥6.22bn | CN¥5.75bn | CN¥3.65bn |
| Cash and short-term investments | — | CN¥2.65bn | CN¥3.29bn | CN¥2.81bn | CN¥2.66bn | CN¥1.99bn | CN¥1.50bn | CN¥1.95bn | CN¥1.88bn | CN¥523.5m |
| Total liabilities | CN¥1.73bn | CN¥1.55bn | CN¥2.09bn | CN¥2.32bn | CN¥2.02bn | CN¥1.76bn | CN¥1.35bn | CN¥1.77bn | CN¥1.37bn | CN¥2.08bn |
| Debt | — | CN¥176.2m | CN¥38.2m | CN¥85.4m | CN¥14.0m | CN¥195.9m | CN¥127.7m | CN¥250.0m | CN¥96.7m | CN¥828.6m |
| Shareholders' equity | CN¥5.65bn | CN¥5.65bn | CN¥5.54bn | CN¥5.23bn | CN¥5.03bn | CN¥4.71bn | CN¥4.55bn | CN¥4.41bn | CN¥4.30bn | CN¥1.49bn |
| Shares outstanding | 846m | 846m | 851m | 846m | 847m | 838m | 1,348m | 838m | 718m | 692m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥314.0m | −CN¥449.8m | CN¥597.3m | CN¥339.2m | CN¥680.9m | CN¥628.3m | −CN¥97.9m | CN¥32.9m | −CN¥51.1m | −CN¥137.2m |
| Capital spending | −CN¥71.7m | −CN¥95.7m | −CN¥90.1m | −CN¥96.9m | −CN¥91.8m | −CN¥85.2m | −CN¥83.8m | −CN¥153.2m | −CN¥182.2m | −CN¥634.2m |
| Free cash flow | CN¥242.3m | −CN¥545.5m | CN¥507.2m | CN¥242.4m | CN¥589.1m | CN¥543.1m | −CN¥181.7m | −CN¥120.3m | −CN¥233.3m | −CN¥771.4m |
| Dividends paid | −CN¥50.7m | −CN¥50.6m | −CN¥50.4m | −CN¥42.3m | −CN¥16.9m | −CN¥15.9m | −CN¥12.6m | −CN¥41.9m | −CN¥54.2m | −CN¥43.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥373.0m | CN¥95.5m | CN¥1.51bn | CN¥269.1m | CN¥339.8m | CN¥148.5m | CN¥1.47bn | CN¥351.9m |
| Gross profit | CN¥143.1m | CN¥28.2m | CN¥520.0m | CN¥115.2m | CN¥139.8m | CN¥76.8m | CN¥609.4m | CN¥156.8m |
| Operating income | −CN¥22.1m | −CN¥179.9m | CN¥335.3m | −CN¥78.5m | −CN¥63.4m | −CN¥167.7m | CN¥470.1m | −CN¥37.0m |
| Net income | −CN¥15.2m | −CN¥155.8m | CN¥270.9m | −CN¥39.6m | −CN¥39.0m | −CN¥134.7m | CN¥371.4m | CN¥2.2m |
| Diluted earnings per share | -0.02 | -0.18 | 0.32 | -0.05 | -0.05 | -0.16 | 0.44 | 0.00 |
| Cash from operations | — | — | — | −CN¥182.0m | CN¥116.0m | −CN¥185.0m | CN¥474.0m | −CN¥287.0m |
| Capital spending | −CN¥16.0m | −CN¥16.0m | −CN¥21.0m | −CN¥14.0m | −CN¥16.0m | −CN¥19.0m | −CN¥24.0m | −CN¥20.0m |
| Free cash flow | — | — | — | −CN¥196.0m | CN¥100.0m | −CN¥204.0m | CN¥450.0m | −CN¥307.0m |
| Total assets | CN¥7.05bn | CN¥7.07bn | CN¥7.38bn | CN¥6.74bn | CN¥6.78bn | CN¥6.85bn | CN¥7.20bn | CN¥6.68bn |
| Cash and short-term investments | — | — | — | CN¥2.29bn | CN¥2.54bn | CN¥2.44bn | CN¥2.65bn | CN¥2.20bn |
| Debt | — | — | — | CN¥45.7m | — | CN¥119.3m | CN¥161.5m | — |
| Shareholders' equity | CN¥5.46bn | CN¥5.50bn | CN¥5.65bn | CN¥5.38bn | CN¥5.42bn | CN¥5.51bn | CN¥5.65bn | CN¥5.27bn |
Financial ratios
Data as of 29 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 37.6% | 40.4% | 41.8% | 34.8% | 34.6% | 34.8% | — |
| Operating margin | 0.7% | 6.1% | 11.4% | 9.4% | 8.5% | 7.0% | — |
| Net margin | 2.5% | 6.4% | 11.4% | 8.9% | 8.5% | 6.8% | — |
| Return on equity | 1.0% | 2.8% | 6.3% | 5.9% | 5.0% | 3.4% | — |
| Return on assets | 0.8% | 2.2% | 4.6% | 4.1% | 3.6% | 2.5% | — |
| Free cash flow yield | 3.0% | -2.8% | 5.4% | 3.4% | 6.0% | 5.6% | — |
| Revenue growth | -8.1% | -19.7% | -10.6% | 16.4% | 24.0% | 13.3% | — |
| Earnings growth | -63.6% | -54.7% | 13.7% | 22.0% | 55.7% | 3.6% | — |
| Current ratio | 3.25x | 3.50x | 2.82x | 2.51x | 2.58x | 2.62x | — |
| Debt to equity | — | 0.03x | 0.01x | 0.01x | 0.00x | 0.04x | 0.00x |
| Equity ratio | 76.6% | 78.4% | 72.6% | 69.2% | 71.2% | 72.6% | — |
| Interest coverage | 9.17x | 67.11x | 93.62x | 168.78x | 169.64x | 276.22x | — |
| R&D as a share of sales | 15.2% | 15.6% | 13.8% | 11.0% | 9.8% | 10.4% | — |
| Buybacks as a share of market value | 0.0% | 0.6% | -0.5% | 0.1% | -1.1% | 37.8% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -12.9% | -1.0% | 3.5% |
| Operating income | -63.1% | -37.2% | -18.9% |
| Net income | -42.7% | -18.6% | -9.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 39.0% | 38.5% | 37.3% | 36.1% |
| Operating margin | 3.5% | 7.5% | 7.6% | 7.5% |
| Net margin | 4.6% | 7.7% | 7.7% | 7.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 301.2 | 86.9 | 54.8 | 84.3 | 188.6 | 86.7 | 223.2 | 124.5 | 97.8 | 87.3 |
| Price to sales | 7.7 | 5.6 | 6.2 | 7.5 | 16.0 | 5.9 | 16.5 | 7.8 | 7.7 | 7.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 17 years. Last went ex-dividend on 30 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.025 | 0.06 | 0.06 | 0.06 | 0.05 | 0.02 | 0.019 | 0.015 |
- 8-for-5 split · 7 Jun 2017
- 2-for-1 split · 15 Apr 2015
- 13-for-10 split · 24 May 2011
- 6-for-5 split · 7 May 2009
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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