360 Security Technology (601360) Stock Price, Fundamentals & Analysis

What 601360 does

360 Security Technology (601360) is a Chinese technology company listed on the Shanghai Stock Exchange. Based in Beijing and founded in 1992, it operates as an internet and security service provider. Its best-known products include 360 Security Guard, 360 Mobile Guard, and 360 Security Browser, covering computer security, mobile phone security, and system tools.

Beyond consumer software, the company offers SaaS services such as the 360 enterprise security cloud and full-stack security protection, along with security operations services, personal services like internet access and repair, and video live stream and fintech offerings. It employs 5,273 people and belongs to the Technology sector, specifically the Software - Infrastructure industry. Peers on the same exchange include Wingtech (600745) and JCET (600584).

Key numbers explained

• Market capitalisation of 62.65B CNY — the total market value of all shares; this places 601360 among the larger listed companies on the Shanghai Stock Exchange.
• Trailing P/E ratio of 81.4 — the price is 81.4 times the last twelve months of earnings per share (0.11 CNY). A high trailing P/E often means the market expects much stronger future profits, or that current earnings are unusually low.
• Forward P/E ratio of 895 — based on expected earnings, this is far above the trailing figure, which suggests analysts currently expect earnings to shrink rather than grow.
• Dividend yield of 1.68% — shareholders receive about 1.68% of the share price annually in dividends. Notably, the payout equals 182% of earnings, meaning dividends exceed reported profits.
• 52-week range of 8.26 – 14.68 CNY — the stock currently trades at 8.95 CNY, near the lower end of its yearly range, and is down -19.5% over the past 52 weeks.
• Revenue of 9.04B CNY with 10.1% year-over-year growth — sales are expanding, but the operating margin of -5.2% shows core operations currently lose money, even though the overall profit margin is 8.4%.
• Beta of 0.32 — the stock has historically moved much less than the broader market, indicating relatively low volatility.
• Low debt-to-equity ratio of 5.4% and price-to-book of 2.22 — the balance sheet carries very little debt relative to equity.

What to watch

As a consumer-facing security software company, 360 Security Technology's results depend on user engagement with its products, competition in China's internet security market, and regulatory developments affecting internet and fintech services. The gap between positive revenue growth (10.1%) and negative operating margins (-5.2%) is a key dynamic to follow, as is the sustainability of a dividend payout exceeding earnings. Like other Shanghai-listed technology names such as Dawning Information Industry (603019) and Semiconductor Manufacturing International Corporation (688981), the share price can also be influenced by broader sentiment toward Chinese technology stocks, as reflected in indices like the CSI 300.