Koal Software Co., Ltd. (603232.SS)
Shanghai, CN
Koal Software Co., Ltd. is a prominent developer of public key infrastructure (PKI) platforms within China. The company offers an extensive range of products and services, beginning with a robust identity security infrastructure. This encompasses various aspects of certificate management, including root and standard certificate issuance, registration auditing, integrated key and certificate management, and trusted identity governance systems. Its cryptographic services platform features timestamping and signature verification servers, along with advanced electronic signature systems. For secure access, Koal Software provides authentication and access control solutions such as secure authentication, SSL application delivery, API gateways, single sign-on (SSO) gateways, and comprehensive account management systems. The company's offerings also extend to endpoint security and admission control, covering local area network (LAN) access management, secure terminal login capabilities, and file protection systems. Data security and privacy are addressed through a suite of products, including secure email, internet safety tools, network shield protection, USB security guardians, print control, and secure instant messaging systems. Furthermore, Koal Software delivers specialized solutions like unified authentication, terminal security password modules, Internet of Things (IoT) security, certificate authentication systems, and mobile security. The company serves a diverse clientele that includes government entities such as public security, immigration departments, and various ministries; critical sectors like information technology, finance, and manufacturing; financial institutions including banks and securities trading firms; and military industry groups within the defense sector. Established in 1998, Koal Software Co., Ltd. maintains its headquarters in Shanghai, China.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.72% | -0.91% | -0.81% | -25.35% | -13.38% | -14.55% | +45.58% | +28.34% | +29.70% | +155.01% | +155.01% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Software - Infrastructure: +13.7%-32.5% Q1'26: +44.4% (vs Q1'25)
-
EPS growth Software - Infrastructure: +28.7%-325.0% Q1'26: +45.5% (vs Q1'25)
-
FCF margin FCF growth · Software - Infrastructure: +32.2%-19.6% Q1'26: -91.4% (vs Q1'25)
-
EBIT margin Software - Infrastructure: +8.8%-27.2% Q1'26: -37.2% (vs Q1'25)
-
ROIC Software - Infrastructure: +6.6%-11.1% Q1'26: -11.0% (vs Q1'25)
-
Share dilution Software - Infrastructure: +0.0%+2.3% Q1'26: +4.3% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Software - Infrastructure: -1.06×-0.66× Q1'26: -0.43× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
370.54M
est: 329.00M (+12.6%)
|
444.81M
est: 481.70M (-7.7%)
|
611.07M
est: 688.00M (-11.2%)
|
659.52M
est: 894.97M (-26.3%)
|
561.35M
est: 617.23M (-9.1%)
|
529.28M
est: 631.00M (-16.1%)
|
357.55M
est: 589.12M (-39.3%)
|
519.28M
519.28M – 519.28M
-11.9% YoY
|
618.13M
618.13M – 618.13M
+19.0% YoY
|
715.72M
715.72M – 715.72M
+15.8% YoY
|
| EBITDA |
90.14M
est: 48.04M (+87.6%)
|
94.59M
est: 70.34M (+34.5%)
|
125.20M
est: 100.46M (+24.6%)
|
17.69M
est: 130.68M (-86.5%)
|
74.23M
est: 90.13M (-17.6%)
|
43.66M
est: 34.78M (+25.5%)
|
-61.08M
est: 32.47M (-288.1%)
|
28.62M
28.62M – 28.62M
-11.9% YoY
|
34.07M
34.07M – 34.07M
+19.0% YoY
|
39.45M
39.45M – 39.45M
+15.8% YoY
|
| EBIT |
79.25M
est: 25.98M (+205.1%)
|
64.12M
est: 38.03M (+68.6%)
|
91.07M
est: 54.32M (+67.6%)
|
-14.17M
est: 70.67M (-120.1%)
|
43.31M
est: 48.74M (-11.1%)
|
28.43M
est: -1.65M (+1,822.2%)
|
-97.07M
est: -1.54M (-6,199.3%)
|
-1.36M
-1.36M – -1.36M
+11.9% YoY
|
-1.62M
-1.62M – -1.62M
-19.0% YoY
|
-1.87M
-1.87M – -1.87M
-15.8% YoY
|
| Net Income |
70.08M
est: 93.16M (-24.8%)
|
57.08M
est: 82.44M (-30.8%)
|
79.71M
est: 94.33M (-15.5%)
|
-8.71M
est: 108.14M (-108.1%)
|
36.97M
est: 34.51M (+7.1%)
|
36.81M
est: 63.57M (-42.1%)
|
-84.77M
est: 77.70M (-209.1%)
|
63.57M
63.57M – 63.57M
-18.2% YoY
|
77.70M
77.70M – 77.70M
+22.2% YoY
|
103.60M
103.60M – 103.60M
+33.3% YoY
|
| SGA |
98.37M
est: 41.28M (+138.3%)
|
111.02M
est: 60.43M (+83.7%)
|
171.66M
est: 86.32M (+98.9%)
|
209.40M
est: 112.28M (+86.5%)
|
196.85M
est: 77.44M (+154.2%)
|
172.51M
est: 180.84M (-4.6%)
|
56.49M
est: 168.84M (-66.5%)
|
148.83M
148.83M – 148.83M
-11.9% YoY
|
177.16M
177.16M – 177.16M
+19.0% YoY
|
205.13M
205.13M – 205.13M
+15.8% YoY
|
| EPS |
0.34
est: 0.40 (-16.0%)
|
0.25
est: 0.36 (-30.2%)
|
0.34
est: 0.41 (-17.1%)
|
-0.04
est: 0.47 (-108.5%)
|
0.16
est: 0.15 (+6.7%)
|
0.16
est: 0.27 (-40.7%)
|
-0.36
est: 0.33 (-209.1%)
|
0.27
0.27 – 0.27
-18.2% YoY
|
0.33
0.33 – 0.33
+22.2% YoY
|
0.44
0.44 – 0.44
+33.3% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-11 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-08 | C | 2/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-07 | C | 2/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-06 | C | 2/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-30 | C+ | 2/5 | 1/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-29 | C+ | 2/5 | 1/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-28 | C+ | 2/5 | 1/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-27 | C+ | 2/5 | 1/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-24 | C+ | 2/5 | 1/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-23 | C+ | 2/5 | 1/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-22 | C+ | 2/5 | 1/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-21 | C+ | 2/5 | 1/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-20 | C+ | 2/5 | 1/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-17 | C+ | 2/5 | 1/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-16 | C+ | 2/5 | 1/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Guanhua Cai | Board Secretary & Director | — | male |
| Litong Zhu | Director and Deputy GM | — | male |
| Qingqiang Kong | Deputy General Manager | — | male |
| Xiaoyu Zhang | Deputy General Manager | — | male |
| Yaxuan Zhu | Deputy General Manager | — | female |
| Ye Feng | GM & Director | — | male |
| Ying Zou | Head of Accounting Agency & CFO | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 603232.SS
Short-term intention
Target Price Distribution
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