002268.SHE Westone Information Industry Inc
- Market cap
- CNY 10.8B
- P/E
- 182.6x
- P/B
- 1.99x
- ROE
- -5.2%
- Dividend yield
- 0.47%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002268.SHE undervalued?
Graham numberThe Graham number of Westone Information Industry Inc cannot be estimated reliably (the estimate is too far from the market price).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Westone Information Industry Inc fundamental analysis
No fundamental analysis for Westone Information Industry Inc yet.
Westone Information Industry Inc stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Westone Information Industry Inc
CETC Cyberspace Security Technology Co., Ltd. provides professional network information security products and services for the government, military, and enterprises in China. It offers software cryptographic modules, PCI cryptographic cards, trusted cryptographic modules, server cryptographic machines, signature verification servers, cloud server cryptographic machines, key management systems, IPSec/SSLVPN, security authentication gateways, and digital certificate authentica…
Full company profileWestone Information Industry Inc financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Westone Information Industry Inc annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 1.80B | 2.14B | 1.93B | 2.10B | 2.38B | 2.95B | 3.44B | 3.07B | 2.47B | 2.27B | 861M |
| Gross Profit | 624M | 746M | 665M | 676M | 830M | 1.02B | 1.20B | 1.28B | 996M | 852M | 323M |
| Operating Income | 120M | 197M | 105M | 148M | 166M | 253M | 325M | 352M | 149M | 16.2M | -367M |
| EBITDA | 152M | 216M | 112M | 140M | 201M | 345M | 392M | 395M | 183M | 156M | -339M |
| Net Income | 156M | 169M | 120M | 156M | 161M | 251M | 307M | 349M | 158M | 57.6M | -284M |
| EPS | 0.23 | 0.21 | 0.14 | 0.19 | 0.19 | 0.30 | 0.36 | 0.41 | 0.19 | 0.07 | -0.34 |
| Balance Sheet | |||||||||||
| Total Assets | 3.65B | 5.75B | 6.22B | 5.96B | 6.48B | 7.07B | 7.57B | 7.63B | 7.20B | 7.38B | 6.95B |
| Total Liabilities | 2.08B | 1.37B | 1.77B | 1.35B | 1.76B | 2.02B | 2.32B | 2.09B | 1.55B | 1.73B | 1.53B |
| Shareholders' Equity | 1.49B | 4.30B | 4.41B | 4.55B | 4.71B | 5.03B | 5.23B | 5.54B | 5.65B | 5.65B | 5.42B |
| Cash & Short-term Investments | 524M | 1.88B | 1.95B | 1.50B | 1.99B | 2.66B | 2.81B | 3.29B | 2.65B | 2.63B | 1.40B |
| Total Debt | 829M | 96.7M | 250M | 128M | 196M | 14.0M | 85.4M | 38.2M | 176M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -137M | -51.1M | 32.9M | -97.9M | 628M | 681M | 339M | 597M | -450M | 314M | - |
| Capital Expenditure | 634M | 182M | 153M | 83.8M | 85.2M | 91.8M | 96.9M | 90.1M | 95.7M | 71.7M | 61.6M |
| Free Cash Flow | -771M | -233M | -120M | -182M | 543M | 589M | 242M | 507M | -566M | 242M | -782M |
| Ratios | |||||||||||
| ROE | 10.5% | 3.9% | 2.7% | 3.4% | 3.4% | 5.0% | 5.9% | 6.3% | 2.8% | 1.0% | -5.2% |
| ROA | 4.3% | 2.9% | 1.9% | 2.6% | 2.5% | 3.6% | 4.1% | 4.6% | 2.2% | 0.8% | -4.1% |
| Net Profit Margin | 8.7% | 7.9% | 6.2% | 7.4% | 6.8% | 8.5% | 8.9% | 11.4% | 6.4% | 2.5% | -32.9% |
| Debt to Equity | 0.56x | 0.02x | 0.06x | 0.03x | 0.04x | 0.00x | 0.02x | 0.01x | 0.03x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Westone Information Industry Inc dividends
- Dividend yield
- 0.47%
- Forward dividend
- 0.03 CNY
- Payout ratio
- 88.0%
- Ex-dividend date
- Jun 30, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 50.7M | 0.06 | 88.0% |
| 2024 | CNY 50.6M | 0.06 | 32.0% |
| 2023 | CNY 50.4M | 0.06 | 14.4% |
| 2022 | CNY 42.3M | 0.05 | 13.8% |
| 2021 | CNY 16.9M | 0.02 | 6.7% |
| 2020 | CNY 15.9M | 0.02 | 9.9% |
| 2019 | CNY 12.6M | 0.01 | 8.1% |
| 2018 | CNY 41.9M | 0.05 | 34.9% |
| 2017 | CNY 54.2M | 0.07 | 32.1% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 16:10 on Jun 7, 2017.
Who owns Westone Information Industry Inc
- Insiders 38.41%
- Institutions 1.77%
- Public & others 59.82%
- Shares outstanding 846M
- Free float 537M
Westone Information Industry Inc company profile
- Company name
- Westone Information Industry Inc
- Ticker
- 002268.SHE
- ISIN
- CNE100000CM6
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Aug 11, 2008
- Sector
- Technology
- Industry
- Electronic Equipment, Instruments & Components
- Employees
- 2,398
- Fiscal year end
- December
- Address
- High-tech Zone, Chengdu, China, 610095
- Phone
- 86 28 6238 6166
- Website
- cetccst.com.cn
About Westone Information Industry Inc
CETC Cyberspace Security Technology Co., Ltd. provides professional network information security products and services for the government, military, and enterprises in China. It offers software cryptographic modules, PCI cryptographic cards, trusted cryptographic modules, server cryptographic machines, signature verification servers, cloud server cryptographic machines, key management systems, IPSec/SSLVPN, security authentication gateways, and digital certificate authentication. The company also provides firewalls, network isolation and information exchange systems, endpoint security management systems, security operation platforms, security auditing systems, and zero-trust systems; and secure mobile office system, and secure paperless meeting system, as well as OrangeMessage, a secure instant messaging platform. In addition, it offers data security protection products, such as database encryption and access control, and file encryption and access control; integrated data encryption and access control product; and unified data security management platform. The company was formerly known as Westone Information Industry Inc. and changed its name to CETC Cyberspace Security Technology Co., Ltd. in January 2023. CETC Cyberspace Security Technology Co., Ltd. was founded in 1998 and is headquartered in Chengdu, China.
Westone Information Industry Inc management
4- Ms. Zhi Hui LiuCFO, Financial Director, Head of Accounting Deputy GM & Secretary of the Board · born 1974
- Mr. Jian ZhangDeputy General Manager · born 1976
- Mr. Peichun WangDeputy General Manager · born 1973
- Ms. Lan WeiDeputy General Manager · born 1978