Brief Introduction

Founded in 2007, The stock symbol is 688023. DBAPPSecurity has been dedicated to cybersecurity sector. The main business covers R&D, manufacturing and sales of cybersecurity products, and professional security services, including application security, big data security, cloud security, IoT security, ICS security, Industrial Internet security, etc.

Empowered by strong R&D capability and persistent innovation, DBAPPSecurity has developed a product portfolio that covers full cybersecurity lifecycle (before/during/after security events) including fundamental cybersecurity products (standalone appliances for security detection and protection) cybersecurity platforms and security services. All the products lines have gained noticeable competitive advantages in different industries.

Company Overview

Full name DBAPPSecurity Co.,Ltd
Abbreviations DBAPPSecurity
Code 688023
Founded 2007-05-15
Listing 2019-11-05
Domicile Hangzhou
STAR Theme New Generation IT
CSRC Sector Information transmission, software and IT
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 1.81 1.62 1.38
R&D expenditure as a % of operating revenue 23.56% 21.67% 24.25%
Operating Revenue 1,322.97 944.03 626.59
Net Income 134.12 92.22 76.87

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 1,322.97 944.03 626.59
Operating Costs 410.55 288.18 184.83
Operating Income 139.78 92.12 74.02
Pretax Income 130.94 91.01 75.21
Income Tax -0.85 -1.16 -0.53
Net Income 134.12 92.22 76.87

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 1,966.53 1,853.27 664.42
Non-current Assets-Total 496.59 318.90 227.47
Total Assets 2,463.12 2,172.17 891.89
Current Liabilities-Total 695.49 499.04 298.65
Non-current Liabilities-Total 95.58 122.77 86.12
Total Liabilities 791.07 621.81 384.77
Stockholder's Equity
Share Capital 1,328.90 1315.95 364.66
Retained Profits 340.53 234.42 142.20
Minority Interests 2.62 / 0.26
Total Owners' Equity 1,672.05 1,550.37 507.12

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 279.99 216.52 95.98
Net Cash Flows-Investing -397.43 -119.20 8.80
Net Cash Flows-Financing -54.83 988.48 73.78

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Yuan Fan 10.02 13.52%
杭州阿里创业投资有限公司 8.01 10.81%
宁波安恒投资合伙企业(有限合伙) 5.00 6.75%
嘉兴市安恒投资管理合伙企业(有限合伙) 4.99 6.75%
交通银行股份有限公司-万家行业优选混合型证券投资基金(LOF) 3.01 4.06%
杭州九歌股权投资合伙企业(有限合伙) 2.07 2.8%
Weidong Ge 1.84 2.48%
As of 2021-03-31

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