Sansec Technology Co. Ltd. Class A

Sansec Technology Co. Ltd. Class A

SSSE:688489
24.73
CNY
-0.87
(-3.40%)
3.85BMarket Cap
Oct 27Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.95
1.22
1.81
2.15
2.63
2.13
2.84
3.26
- -
Basic EPS, GAAP
0.11
0.19
0.47
0.59
0.83
0.4
0.25
-0.26
- -
Free Cash Flow per Basic Share
-0.01
0.16
-0.03
-0.32
-0.2
-0.01
-0.52
0.23
- -
Dividend per Share
0.01
- -
- -
- -
- -
0.2
0.17
0.07
- -
Book Value per Share
0.67
0.84
2.4
3.08
11.23
11.29
10.9
10.76
10.47
Tangible Book Value per Share
0.63
0.81
2.36
3.02
11.15
10.38
9.01
8.92
8.65
Basic Weighted Avg Shares
110
110
112
126
129
169
167
170
169
Sales/Revenue/Turnover
104
134
202
270
340
359
473
554
- -
Operating Margin (%)
18.59
19.25
33.59
32.73
35.53
14.89
8.55
-6.07
- -
Depreciation Expense
5
5
4
7
9
20
42
57
- -
Net Income, GAAP
12
20
52
75
107
67
42
-44
- -
Effective Tax Rate (%)
4.14
5.85
11.57
11.17
3.27
- -
- -
- -
- -
Profit Margin (%)
11.39
15.31
25.83
27.63
31.56
18.76
8.9
-7.88
- -
Working Capital
63
84
275
296
1,777
1,589
1,306
1,222
1,096
LT Debt
- -
- -
5
2
1
25
6
- -
7
Total Equity
84
106
302
387
1,883
1,920
1,908
1,898
1,778
Return on Invested Capital (%)
- -
19.73
24.21
21.16
9.47
- -
- -
- -
- -
Return on Capital (%)
- -
19.98
24.31
21.04
9.42
- -
- -
- -
- -
Return on Common Equity (%)
- -
21.62
25.68
21.69
9.45
3.55
2.24
-2.37
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6
4
42
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
2
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
171
171
170
Market Capitalization
5,266
4,305
3,849

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,415
1,341
1,264
Cash, Cash Equivalents & STI
843
761
692
Accounts Receivable, Net
397
361
373
Inventories
103
134
132
Total Current Liabilities
193
129
167
Payables & Accruals
- -
- -
- -
ST Debt
6
4
42
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
83.16%
-0.53%
Free Cash Flow
- -
1,723.07%
-144.56%
Net Income, GAAP
- -
-38.38%
-203.62%
Sales/Revenue/Turnover
- -
22.75%
17.07%
Total Cash Common Dividend
- -
8,845.08%
-54.23%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
49
120
85
219
473
2025
66
130
- -
259
554
2026
72
137
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
0.14
- -
0.17
0.25
2025
-0.2
0.03
- -
-0.03
-0.26
2026
-0.13
0.06
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.12
0.01
0.04
0.17
2025
- -
- -
- -
- -
0.07
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yue Gong Zhang
Full Time Employees
817
Sector
Technology services
Industry
Packaged software
Address
Beijing China
IPO Date
Dec 2, 2022
Business
Sansec Technology Co. Ltd. is a China-based cybersecurity and information security enterprise specializing in the research, development, manufacture, and distribution of commercial cryptography technologies, hardware security modules, and cryptographic software solutions. Founded in 2008 and headquartered in Beijing, China, the company operates within the data security and commercial cryptographic infrastructure industry, serving enterprise and institutional clients across the government, financial services, telecommunications, energy, transportation, healthcare, and cloud computing sectors. Sansec Technology Co. Ltd. provides a comprehensive portfolio of cryptographic products and digital trust services structured across several core business segments: cryptographic semiconductors and modules, including proprietary high-security System-on-Chip (SoC) cryptographic chips and PCIe cryptographic accelerator cards; cryptographic hardware appliances, including Server Hardware Security Modules (HSMs), Financial Data HSMs, Cloud HSMs, Signature Verification Servers, Database Encryption Appliances, Time-Stamping Servers, and IPSec/SSL Virtual Private Network (VPN) security gateways; cryptographic software platforms and management systems, including Enterprise Key Management Systems (KMS), Cryptographic Service Platforms (CSP), Public Key Infrastructure (PKI) systems, Identity Authentication and Access Management Platforms, Certificate Authority (CA) systems, and cryptographic middleware; and specialized security solutions, comprising post-quantum cryptography (PQC) frameworks, privacy-preserving computing platforms, blockchain security modules, decentralized key management systems (DKMS), and cryptographic compliance integration services. The company maintains research and development centers, regional subsidiaries, and technical support networks across mainland China and conducts business expansion into international markets. In recent developments, Sansec Technology Co. Ltd. completed the strategic acquisition and subsequent full consolidation of Beijing Jiangnan Tianan Technology Co., Ltd. to reinforce its cloud cryptographic infrastructure and financial security offerings, following its acquisition of a majority controlling stake in Guangzhou Jiangnan Keyou Technology Co., Ltd. Furthermore, the company achieved volume mass production of its proprietary three-tier high-security cryptographic chip series targeting artificial intelligence, Internet of Things (IoT), and intelligent connected vehicle applications; advanced the commercial deployment of its post-quantum cryptography algorithms and system integrations; deepened ecosystem technical partnerships with leading cloud and enterprise IT providers, including Huawei and Alibaba; and partnered with private equity investment structures to support continuing supply chain and market expansion.