---
title: "Sansec Technology Co., Ltd. (688489.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/688489.SH.md"
symbol: "688489.SH"
name: "Sansec Technology Co., Ltd."
industry: "Technology Hardware, Storage and Peripherals"
---

# Sansec Technology Co., Ltd. (688489.SH)

| Item | Detail |
|------|--------|
| Industry | Technology Hardware, Storage and Peripherals |
| Location | CN Market |
| Website | [www.sansec.com.cn](https://www.sansec.com.cn) |

## Company Profile

Sansec Technology Co., Ltd. engages in the research, development, and production of commercial cryptographic products and solutions for internet information security in China. The company develops PCIe, a cryptographic hardware device that enables data confidentiality, integrity, and other cryptogra...

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-19T04:30:10.000Z

**Overall: C (0.44)**

**Industry**: Technology Hardware, Storage and Peripherals

| Metric | Value |
|--------|-------|
| Industry Ranking | 34 / 44 |
| Industry Median | B |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 36.15% |  |
| Net Profit YoY | -126.88% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 2.81 |  |
| Dividend Ratio | 0.25% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 5.14B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 513.36M |  |


**Multi Score**: C

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -0.61% | D |
| Profit Margin | -2.19% | D |
| Gross Margin | 74.52% | A |

#### Growth Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 36.15% | A |
| Net Profit YoY | -126.88% | E |
| Total Assets YoY | 2.57% | C |
| Net Assets YoY | 2.77% | C |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | -4575.96% | E |
| OCF YoY | 36.15% | A |

#### Operating Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.25 | D |

#### Debt Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 8.89% | A |


```chart-data:radar
{
  "title": "Longbridge Financial Score - Sansec Technology Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-0.61%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-2.19%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "74.52%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "B",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "36.15%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "-126.88%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "2.57%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "2.77%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "-4575.96%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "36.15%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "D",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.25",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "A",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "8.89%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | Ugreen (SZ.301606) | B | A | A | B | A | A |
| 02 | LONGSYS (SZ.301308) | C | B | A | D | A | B |
| 03 | IEIT (SZ.000977) | C | A | A | E | A | B |
| 04 | Huaqin (SH.603296) | B | A | A | E | A | B |
| 05 | SHARETRONIC (SZ.300857) | B | A | B | E | A | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -458.43 | 44/44 | 258.43 | 214.18 | 102.39 |
| PB | 2.81 | 8/44 | 3.02 | 2.66 | 2.27 |
| PS (TTM) | 10.02 | 32/44 | 11.38 | 9.86 | 8.81 |
| Dividend Yield | 0.25% | 20/44 | 0.57% | 0.26% | 0.23% |

## Institutional View

### Analyst Rating Distribution

> As of 2026-02-13T16:00:00.000Z

Total Analysts: **3**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 2 | 67% |
| Overweight | 1 | 33% |
| Hold | 0 | 0% |
| Underweight | 0 | 0% |
| Sell | 0 | 0% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 44.64 |
| Highest Target | 46.00 |
| Lowest Target | 46.00 |

## References

- [Company Overview](https://longbridge.com/en/quote/688489.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/688489.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/688489.SH/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.