CompanyGraph
CETC Cyberspace Security Technology Co., Ltd.
002268 · SZSE · China
cetccst.com.cnFinancials as of FY2025
What stands out
- Earnings significantly exceed cash generation
At a glance
- Depends onMidstream position: 6 outgoing, 9 incoming connections
- ScaleMarket cap is $1.86B, above the global median of $1.18B
- PositionDebt-to-equity is 0.01×, lower than 95% of its Information Technology Services peers (median 0.27×)
- Interpretations2 currently firing — 2
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.17%Below 5Y avg (0.24%)
Annual Rate
CNY 0.03Paid annual
Payout Ratio
119.0%High
Last Ex-Dividend
Jun 30, 2026
The reported statements, read against the company's own industry.
What stands out
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
12.46BCNY1.86B · vs all stocks (USD)
Trailing P/E
210.43xvs Information Technology Services peers
Revenue (TTM)
2.25BCNY335.35M · vs all stocks (USD)
Profit Margin
2.68%vs Information Technology Services peers
Beta
0.5910xvs all stocks
52-Week Change
-14.61%vs all stocks
Market Capitalization
12.46BCNY1.86B · vs all stocks (USD)
Enterprise Value
10.14BCNY1.51B · vs all stocks (USD)
Trailing P/E
210.43xvs Information Technology Services peers
Forward P/E
27.79xvs Information Technology Services peers
Price to Sales (TTM)
5.54xvs Information Technology Services peers
Price to Book (MRQ)
2.28xvs Information Technology Services peers
Enterprise to Revenue
4.51xvs Information Technology Services peers
Enterprise to EBITDA
92.33xvs Information Technology Services peers
Gross Margin
38.35%vs Information Technology Services peers
Profit Margin
2.68%vs Information Technology Services peers
Operating Margin
-8.55%vs Information Technology Services peers
Return on Assets (TTM)
0.18%vs Information Technology Services peers
Return on Equity (TTM)
1.09%vs Information Technology Services peers
Revenue (TTM)
2.25BCNY335.35M · vs all stocks (USD)
Revenue per Share (TTM)
2.66CNYUpdated Sep 19, 2026Quarterly Revenue Growth
9.80%vs Information Technology Services peers
Gross Profit (TTM)
784.34MCNY116.99M · vs all stocks (USD)
EBITDA (TTM)
169.78MCNY25.32M · vs all stocks (USD)
Net Income (TTM)
60.30MCNY8.99M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
151.25%vs Information Technology Services peers
Operating Cash Flow (TTM)
-18.67MCNY-2.78M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-176.98MCNY-26.40M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.0250CNYUpdated Sep 19, 2026Trailing Annual Dividend Yield
0.17%vs all stocks
5-Year Average Dividend Yield
0.24%vs all stocks
Payout Ratio
119.05%vs Information Technology Services peers
Minority Interest (Equity)
1.91MCNYFY2025 · Dec 31, 2025Revenue
2.27BCNYFY2025 · Dec 31, 2025Cost of Goods Sold
1.42BCNYFY2025 · Dec 31, 2025Gross Profit
851.87MCNYFY2025 · Dec 31, 2025Operating Income
16.25MCNY2.42M · vs all stocks (USD)
Pre-tax Income
30.90MCNYFY2025 · Dec 31, 2025Income Tax Expense
-25.73MCNYFY2025 · Dec 31, 2025Net Income
56.64MCNYFY2025 · Dec 31, 2025EBIT
32.67MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
169.78MCNYFY2025 · Dec 31, 2025Research & Development
344.97MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
89.69MCNYFY2025 · Dec 31, 2025Other Operating Expenses
16.50MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
18.80MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
1.77MCNYFY2025 · Dec 31, 2025EPS (Basic)
0.0682CNYFY2025 · Dec 31, 2025EPS (Diluted)
0.0682CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
845.24MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
845.24MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
56.64MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
1.01MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
38.28MCNYFY2025 · Dec 31, 2025Free Cash Flow
-33.30MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
2.62BCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
56.64MCNYFY2025 · Dec 31, 2025Other Non-cash Items
10.31MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
67.96MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-96.63MCNYFY2025 · Dec 31, 2025Capital Expenditures
-71.58MCNYFY2025 · Dec 31, 2025Purchase of Investments
-1.00BCNYFY2025 · Dec 31, 2025Sale of Investments
1.51BCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
441.72MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-50.74MCNYFY2025 · Dec 31, 2025Other Financing Charges
-28.02MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
-78.76MCNYFY2025 · Dec 31, 2025Shares Outstanding
845.64MSharesUpdated Sep 19, 2026Float Shares
536.73MSharesUpdated Sep 19, 2026% Held by Insiders
38.47%vs all stocks
% Held by Institutions
2.19%vs all stocks
Total Cash (MRQ)
2.36BCNY351.49M · vs all stocks (USD)
Total Cash per Share (MRQ)
2.79CNYUpdated Sep 19, 2026Total Debt (MRQ)
36.83MCNY5.49M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.0067xvs Information Technology Services peers
Current Ratio (MRQ)
3.30xvs Information Technology Services peers
Book Value per Share (MRQ)
6.46CNYUpdated Sep 19, 2026Total Assets
7.38BCNY1.10B · vs all stocks (USD)
Total Current Assets
5.44BCNYFY2025 · Dec 31, 2025Total Liabilities
1.73BCNYFY2025 · Dec 31, 2025Total Non-current Assets
1.94BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
48.70MCNYFY2025 · Dec 31, 2025Total Current Liabilities
1.68BCNYFY2025 · Dec 31, 2025Cash
727.46MCNYFY2025 · Dec 31, 2025Cash Equivalents
1.90BCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
2.63BCNYFY2025 · Dec 31, 2025Other Short-term Investments
200.00MCNYFY2025 · Dec 31, 2025Accounts Receivable
1.49BCNYFY2025 · Dec 31, 2025Inventory
428.87MCNYFY2025 · Dec 31, 2025Accounts Payable
1.44BCNYFY2025 · Dec 31, 2025Short-term Debt
13.46MCNYFY2025 · Dec 31, 2025Other Current Liabilities
5.31MCNYFY2025 · Dec 31, 2025Long-term Debt
16.61MCNYFY2025 · Dec 31, 2025Common Stock (Book)
845.64MCNYFY2025 · Dec 31, 2025Retained Earnings
2.11BCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
5.66BCNY843.51M · vs all stocks (USD)
52-Week Low
12.10CNYUpdated Sep 19, 202652-Week High
23.78CNYUpdated Sep 19, 202652-Week Change
-14.61%vs all stocks
Beta
0.5910xvs all stocks
50-Day MA
14.21CNYUpdated Sep 19, 2026200-Day MA
16.63CNYUpdated Sep 19, 2026Avg 10-Day Volume
16.93MSharesUpdated Sep 19, 2026Avg 30-Day Volume
11.92MSharesUpdated Sep 19, 2026Diluted EPS (TTM)
0.0700CNYUpdated Sep 19, 20262 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Cash Elevated Relative to Current Liabilities and Total Assets
Its cash covers more of its near-term bills than in its industry, and is a large share of everything it owns.
Reads
How does this company use capital?
Minimal Tax and Interest Drag
Almost nothing is lost between its operating profit and its net income.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Debt-to-equity is 0.01×, lower than 95% of its Information Technology Services peers (median 0.27×)Notable
Debt-to-equity: 0.01Industry median: 0.27Industry P5: 0.01Peers compared: 68.00
Structural Tensions
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 8,994,657.06Operating Cash Flow (USD, TTM): -2,784,497.401
Financial Health
Altman Z-Score 5.67: safe zoneNotable
Altman Z-Score: 5.67
Supply Chain
Midstream position: 6 outgoing, 9 incoming connectionsNotable
Outgoing: 6.00Incoming: 9.00
High connectivity hub: 15 industry connectionsNotable
Total Connections: 15.00
Scale
Market cap is $1.86B, above the global median of $1.18BNotable
Market cap (USD): 1,857,969,700.918Global Median: 1,180,223,658.953
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