1. China Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
Topsec Technologies Group, Inc. Class A

Topsec Technologies Group, Inc. Class A

SSZSE:002212
7.27
CNY
+0.28
(+4.01%)
7.05BMarket Cap
Oct 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.68
4.36
4.45
5.72
4.59
5.45
6.28
5.04
2.96
3.12
2.75
2.49
2.23
- -
Basic EPS, GAAP
0.1
0.1
0.11
0.14
0.38
0.42
0.36
0.35
0.2
0.18
-0.33
0.07
0.06
- -
Free Cash Flow per Basic Share
0.32
-0.15
0.32
-0.17
-0.01
0.27
0.44
-0.16
-0.31
-0.65
0.15
-0.11
-0.11
- -
Dividend per Share
0.1
0.14
0.14
0.14
0.06
0.1
0.02
0.01
0.04
0.02
- -
0.02
0.02
- -
Book Value per Share
3.34
3.43
3.52
10.83
7
7.28
7.68
8.18
7.99
8.25
7.97
7.96
8.16
7.87
Tangible Book Value per Share
3.15
3.24
3.34
1.26
2.71
2.89
3.24
3.72
3.41
3.51
3.53
3.42
3.57
3.29
Basic Weighted Avg Shares
498
518
513
502
1,119
1,155
1,129
1,132
1,132
1,136
1,138
1,133
1,154
1,174
Sales/Revenue/Turnover
1,833
2,259
2,281
2,871
5,133
6,300
7,091
5,704
3,352
3,543
3,124
2,820
2,572
- -
Operating Margin (%)
4.36
3.92
6.22
4.33
9.9
10.49
7.27
12.02
9.18
7.59
3.72
3.24
3.99
- -
Depreciation Expense
48
51
53
56
100
114
142
139
184
256
314
329
337
- -
Net Income, GAAP
50
52
56
70
425
485
401
400
230
205
-371
83
74
- -
Effective Tax Rate (%)
23.7
21.13
23.46
21.73
12.7
15.56
14.62
30.91
13.37
16.55
- -
- -
- -
- -
Profit Margin (%)
2.72
2.29
2.47
2.45
8.28
7.7
5.65
7.01
6.86
5.79
-11.89
2.94
2.89
- -
Working Capital
1,121
987
1,755
449
2,743
1,791
2,225
3,359
2,661
2,843
2,490
2,341
2,523
2,093
LT Debt
793
701
652
646
655
58
- -
80
50
161
102
78
61
52
Total Equity
1,707
1,750
1,798
5,526
8,034
8,360
8,906
9,594
9,479
9,781
9,449
9,398
9,627
9,282
Return on Invested Capital (%)
1.86
1.77
1.84
1.37
5.6
5.43
4.4
4.21
2.53
2.11
- -
- -
- -
- -
Return on Capital (%)
3.18
3.77
3.76
2.61
6.15
5.83
4.56
4.34
2.47
2.17
- -
- -
- -
- -
Return on Common Equity (%)
2.93
3
3.18
1.92
6.27
5.92
4.65
4.33
2.41
2.13
-3.86
0.88
0.78
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
33
315
438
LT Borrowings
- -
- -
- -
LT Finance Leases
61
54
52
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,179
1,179
1,179
Market Capitalization
10,698
8,622
7,053

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,034
3,933
3,735
Cash, Cash Equivalents & STI
552
422
268
Accounts Receivable, Net
2,669
2,594
2,593
Inventories
390
593
601
Total Current Liabilities
1,511
1,575
1,642
Payables & Accruals
- -
- -
- -
ST Debt
33
315
438
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.15%
0.1%
2.43%
Free Cash Flow
-572.86%
-17.07%
3.93%
Net Income, GAAP
5.87%
-93.48%
-10.59%
Sales/Revenue/Turnover
5.45%
-13.18%
-8.81%
Total Cash Common Dividend
99.01%
208.94%
17.59%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
422
451
709
1,238
2,820
2025
336
491
- -
1,370
2,572
2026
225
320
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.08
-0.1
0.03
0.22
0.07
2025
-0.06
- -
- -
0.26
0.06
2026
-0.09
-0.15
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
- -
- -
- -
0.02
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Xue Ying Li
Full Time Employees
5,226
Sector
Producer manufacturing
Industry
Electrical products
Address
East side of Building 11 Shantou City China 100193
IPO Date
Feb 4, 2008
Website
topsec.com.cn
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Business
Topsec Technologies Group Inc. Topsec Technologies Group Inc. (002212.SZ), founded in 1995 and headquartered in Beijing, China, provides cybersecurity, big data, and intelligent computing cloud services primarily in China. The company offers a comprehensive portfolio of network security products and services, including basic network security such as firewalls, VPNs, intrusion detection, and endpoint protection; AI+ security solutions; data security and trusted data space with leakage prevention, privacy computing, and API security; commercial passwords; cloud security; IT security; new quality security for industrial internet comprising boundary isolation, behavior audit, vulnerability scanning, and compliance inspection; secure operations and integration; hyperconvergence; desktop cloud; enterprise cloud; and intelligent computing cloud. It also delivers IoT security products like video monitoring, drone countermeasures, and access gateways; Internet of Vehicles security including vehicle-mounted firewalls, intrusion detection, and authentication; as well as situational awareness, threat intelligence, and red-blue confrontation services targeting energy, healthcare, finance, transportation, tobacco, education, water conservancy sectors, governments, operators, and enterprises. Recent developments include deep integrations of its Tianwen large model with DeepSeek-R1 to enhance security incident detection and threat analysis efficiency; launch of DeepSeek security intelligent computing integrated machines for intelligent computing centers, large model deployment, inference, training, and protection; and strategic collaborations with Tencent on threat intelligence, large model security, cloud security, privacy computing, and Smart City initiatives, alongside partnerships with automakers such as BAIC, GAC, Dongfeng, and Geely for vehicle networking security in smart connected vehicles, plus adaptations for HarmonyOS ecosystem including VPN, endpoint data leakage prevention, and EDR products. The company, formerly Nanyang Topsec Technologies Group Inc., rebranded in November 2020 to reflect its expanded focus.