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DBAPPSecurity Co., Ltd. (688023.SS)

CNY37.18 +1.78 (+5.03%)
CN SHH Technology Software - Infrastructure
Address No. 188, Lianhui Street
Hangzhou, CN
CEO Xiaomeng Zhang
IPO 2019-11-05
ISIN CNE100003NT2

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Description

DBAPPSecurity Co., Ltd. is a Chinese company focused on the creation, production, and sale of cybersecurity solutions. The firm's extensive product range includes an advanced persistent threat (APT) detection platform, as well as systems for operation and maintenance auditing and risk control. They also provide specialized tools like a Comprehensive Log Auditor, Database Auditor, and Web Vulnerability Scanner, alongside robust Cloud and Big Data Security platforms and SaaS-based cloud security services. In addition to its product offerings, DBAPPSecurity delivers professional security services, covering vital domains such as application security, big data security, cloud security, Internet of Things (IoT) security, Industrial Control System (ICS) security, and industrial internet security. Founded in 2007, the company maintains its headquarters in Hangzhou, China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY37.18 +1.78 (+5.03%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
0.28
Float Shares
74.31M
Free Float %
72.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.65% -8.13% -9.96% -31.33% -27.72% -21.73% -13.11% -69.64% -79.70% -33.84% -33.84%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
37.18
DCF (Levered) 198.61 +434.2%

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.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.81
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Software - Infrastructure: +13.7%
    +5.4% Q1'26: +4.4% (vs Q1'25)
  • EPS growth Software - Infrastructure: +28.7%
    +70.6% Q1'26: -2.8% (vs Q1'25)
  • FCF margin FCF growth · Software - Infrastructure: +32.2%
    +1.6% Q1'26: -112.9% (vs Q1'25)
  • EBIT margin Software - Infrastructure: +8.8%
    -0.6% Q1'26: -36.0% (vs Q1'25)
  • ROIC Software - Infrastructure: +6.6%
    -0.8% Q1'26: -25.8% (vs Q1'25)
  • Share dilution Software - Infrastructure: +0.0%
    +0.4% Q1'26: -0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Software - Infrastructure: -1.06×
    16.05× Q1'26: -1.91× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* 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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.34) × ERP
WACC = 83% × Ke + 17% × Kd (4.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 37.18
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
3 EPS Ana.
Dec 2027
3 Rev. Ana.
3 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
944.03M
est: 945.40M (-0.1%)
1.32B
est: 1.33B (-0.4%)
1.82B
est: 1.85B (-1.5%)
1.98B
est: 2.16B (-8.2%)
2.17B
est: 2.17B (-0.1%)
2.04B
est: 2.04B (+0.1%)
2.15B
est: 2.17B (-0.9%)
2.27B
2.21B – 2.37B
+4.5% YoY
2.43B
2.28B – 2.60B
+6.9% YoY
2.54B
2.52B – 2.55B
+4.5% YoY
EBITDA
118.90M
est: -4.35M (+2,830.7%)
173.00M
est: -6.12M (+2,927.8%)
25.56M
est: -8.51M (+400.5%)
-214.67M
est: -9.93M (-2,061.1%)
-239.79M
est: 151.78M (-258.0%)
-59.43M
est: 142.67M (-141.7%)
52.58M
est: 151.73M (-65.3%)
158.54M
154.38M – 165.85M
+4.5% YoY
169.47M
159.44M – 182.01M
+6.9% YoY
177.13M
175.91M – 178.35M
+4.5% YoY
EBIT
95.27M
est: -48.00M (+298.5%)
137.05M
est: -67.45M (+303.2%)
-25.59M
est: -93.79M (+72.7%)
-284.26M
est: -109.51M (-159.6%)
-314.18M
est: 85.44M (-467.7%)
-124.29M
est: 80.31M (-254.8%)
-12.28M
est: 85.41M (-114.4%)
89.25M
86.90M – 93.36M
+4.5% YoY
95.40M
89.75M – 102.46M
+6.9% YoY
99.71M
99.02M – 100.40M
+4.5% YoY
Net Income
92.22M
est: 99.55M (-7.4%)
134.12M
est: 143.57M (-6.6%)
13.81M
est: 14.40M (-4.1%)
-253.56M
est: 4.12M (-6,248.8%)
-359.81M
est: -226.75M (-58.7%)
-197.85M
est: -134.03M (-47.6%)
-57.50M
est: 32.90M (-274.8%)
92.29M
70.87M – 113.70M
+180.5% YoY
158.31M
132.28M – 184.34M
+71.5% YoY
164.99M
153.95M – 176.02M
+4.2% YoY
SGA
386.81M
est: 405.23M (-4.5%)
523.67M
est: 569.38M (-8.0%)
773.97M
est: 791.77M (-2.2%)
1.03B
est: 924.46M (+11.3%)
1.08B
est: 860.11M (+25.1%)
901.47M
est: 808.47M (+11.5%)
210.47M
est: 859.81M (-75.5%)
898.42M
874.82M – 939.86M
+4.5% YoY
960.33M
903.50M – 1.03B
+6.9% YoY
1.00B
996.84M – 1.01B
+4.5% YoY
EPS
1.24
est: 0.97 (+27.9%)
1.39
est: 1.40 (-0.6%)
0.14
est: 0.14 (-0.1%)
-2.48
est: 0.04 (-6,378.5%)
-3.53
est: -2.23 (-58.4%)
-1.94
est: -1.30 (-49.7%)
-0.57
est: 0.32 (-279.2%)
0.85
0.69 – 1.11
+167.9% YoY
1.47
1.29 – 1.80
+72.6% YoY
1.60
1.50 – 1.72
+8.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-28 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-27 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-26 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-25 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-22 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-21 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-20 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-19 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-18 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-15 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-14 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-13 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-12 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-11 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-08 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-07 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-06 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-30 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-29 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-28 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-04-27 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-04-24 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-04-23 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-22 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-21 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-20 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-17 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-16 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-796.30M
OE per share TTM
-7.81
Owner's Yield
-19.42%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
35.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 15 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.00% 201.5K 0.06%
2 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 55.9K 0.29%
3 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 48.9K 0.39%
4 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 12.2K 0.26%
5 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 5.4K 0.48%
6 Vanguard FTSE Emerging Markets ETF VWO 0.00% 601.3K 0.06%
7 Vanguard Total International Stock ETF VXUS 0.00% 620.5K 0.05%
8 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 10.1K 0.28%
9 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 966.13 0.22%
10 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 2.9K 0.22%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-3.2K
Shares Outstanding
102.18M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Bo Yang Executive male
Kai Li Executive male
Mingkun Yuan Deputy GM & Director male
Muhua Li Deputy GM & Secretary of the Board male
Xiaomeng Zhang Director & GM male
Yongyuan Dai Deputy GM & Chief Financial Officer male
Yutong Lou Accounting Supervisor
Zhile Liu Deputy General Manager male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits