April 2026
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Largest Cybersecurity Public Companies in China
Benchmark revenue and EBITDA valuation multiples for public comps like
Qihoo 360, Glory View Technology, QiAnXin, Venustech Group and CloudWalk.
 | 360 Security Technology Inc is engaged in the research and development of Internet security technology, design, development, and promotion of Internet security products, as well as commercial services such as Internet advertising and services based on Internet security products, Internet value-added services, and smart hardware services. The company operates through two segments. The Internet and Smart Hardware Business segment covers Internet commercialization, such as advertising and services, value-added Internet businesses like AI products and game distribution, and smart hardware, including cameras, video doorbells, driving recorders, and children’s smartwatches. The Security Business segment focuses on digital security operations. | $2 | +12% | $11B | $8B | 7.2x | (187.0x) | ||
| Glory View Technology Co Ltd is engaged in providing smart city solutions, including smart medical care, smart education, smart community, smart buildings, smart government affairs, and smart parks in the three areas of smart people's livelihood, urban comprehensive management, and smart parks. | $46 | +415% | $7B | $7B | 76.1x | (693.4x) | ||
| Qi An Xin Technology Group Inc provides a new generation of enterprise-level network security products and services to government and corporate customers. | $4 | +1% | $3B | $3B | 5.1x | (22.9x) | ||
| Venustech Group Inc is a provider of network security products, trusted security management platform, as well as specialized security services and solutions in China. | $2 | +3% | $3B | $3B | 7.7x | (52.8x) | ||
| CloudWalk Technology Co Ltd is engaged in the provision of efficient human-machine collaborative operating systems and industry solutions. It is a man-machine coordination platform, that provides users with cross-scene, cross-industry and personalized AI services, in the hope of building a more harmonious and warmer intelligent future. | $2 | +8% | $2B | $2B | 27.8x | (28.6x) | ||
| CETC Cyberspace Security Technology Co Ltd is a China-based company that offers security-related products and services. It provides professional and autonomous network information security solutions, products, and services. It offers password products, network security products, and security information systems. The group is committed to building a life-cycle security solution from chip to system for a party and government users. | $2 | -2% | $2B | $2B | 4.8x | 69.8x | ||
| Hangzhou DPtech Technologies Co Ltd focuses on network security and application delivery products and solutions. The security and application delivery products portfolio includes Application Firewall, IPS, Bandwidth Management, Deep Packet Inspection, Web Application Firewall, Anti-DDoS, Appliction Delivery and others. | $3 | +7% | $2B | $1B | 6.7x | 34.1x | ||
| Eastcompeace Technology Co Ltd is a provider of smart card and system solution. The firm provides secure qualified products and services including scratch card, contactless card, dual interface card, citizen card, transportation card, social security card, SIMePay, terminal, device management system, mobile payment system, smart tracking system, banking card perso solution, one card solution, and overall solutions. It caters its services to telecommunications, banking and payment, government and public sectors. The company is based in China with a presence in Singapore, Bangladesh, India, and Russia. | $3 | +82% | $2B | $1B | 6.9x | 42.9x | ||
| Beijing VRV Software Corp Ltd is engaged in developing, manufacturing & selling of information security software products and services. The company provides data applications, mobile management systems, domestic terminal security systems, border security products, Intranet security products, anti-virus software, and data security products. | $1 | +47% | $2B | $2B | 34.6x | (36.0x) | ||
| BeiJing Certificate Authority Co Ltd is a leading information security solution provider in China. The main business is electronic certification services, electronic certification products and manageable information security services. | $4 | -5% | $1B | $981M | 8.0x | (86.3x) | ||
| Asiainfo Security Technologies Co Ltd is a leader in China's network security software field, and a network security company that knows the Internet and the cloud in the industry. | $2 | -19% | $927M | $721M | 0.6x | (81.6x) | ||
| Nsfocus Technologies Group Co Ltd is a China based internet and application security company. It offers enterprise-level network security solutions and services. The products offered by the company are Anti-DDoS system, Cloud DDoS protection service, Threat intelligence subscription service, Web application firewall, and Web vulnerability scanning system. In addition, it also offers solutions such as cloud DDoS defenses, on-premises DDoS defenses, Hybrid DDoS defenses, global threat intelligence, among others. The company has a business presence in China and other international countries. | $1 | +6% | $870M | $908M | 2.4x | 24.0x | ||
| Feitian Technologies Co Ltd is a supplier of user authentication and transaction security for China Online Banking. The company offers public key infrastructure authentication tokens, one time password tokens, software protection dongles, contact and contactless smart card readers. It also provides turnkey solutions like secure hardware, operating systems, middleware, software application, and services such as personalization and remote lifecycle management. The company's customers include financial institution, telecom, government and business enterprises. Its product lines feature contact and contactless smart cards, EMV chip cards, payment terminals, and user authentication solutions for secure online banking and transaction security. | $2 | -32% | $776M | $738M | 7.3x | 251.4x | ||
| Sansec Technology Co Ltd is engaged in innovation of cryptographic technology and R&D, sales and service of cryptographic products and provides cryptographic products and solutions for the internet information security. The company’s products portfolio includes PCIe HSM, Cloud HSM, General purpose HSM, Financial HSM, and Cryptographic Software System. HSMs provide the integrated cryptographic functions for different application scenarios, including financial HSMs, general purpose HSMs, cloud HSMs, KMS and other HSMs. Cryptographic systems include key management system, cryptographic service platform, identity authentication system, cryptographic middleware, etc. | $6 | +15% | $674M | $551M | 6.8x | (1029.2x) | ||
| DBAPPSecurity Co Ltd is engaged in the development, production and sales of network information security products and provides customers with professional network information security services. The company's products and services cover applications such as Application Security, Big data Security, Cloud Security, IoT Security, Industrial Control Security, and Industrial Internet Security. | $7 | -3% | $665M | $544M | 1.7x | 27.2x | ||
| Beijing Huaru Technology Co Ltd is engaged in providing customers with high-quality professional simulation products and technology development services in the fields of combat experiments, simulation training, equipment demonstration, test identification, and comprehensive support. | $4 | +5% | $554M | $469M | 10.6x | (17.4x) | ||
| Guangdong Tecsun Science & Technology Co Ltd is a China-based company engages in the production and sale of social security cards and related service. The company's main products include financial social security cards and service terminal products. The company provides its products and services for the human resources and social security departments, social security card users and third-party institutions. | $1 | -9% | $532M | $478M | 5.8x | 138.6x | ||
| Hunan Kylinsec Technology Co Ltd is a basic software supplier focusing on operating systems, cloud computing, and big data security products. It is committed to promoting localized security applications and making users IT infrastructure more secure and efficient. | $5 | -13% | $531M | $422M | 10.1x | 164.8x | ||
| Hillstone Networks Co Ltd is a provider of enterprise network security and risk management solutions. Its customers include financial and educational institutions, government and service providers. The company offers visibility, intelligence and protection to ensure enterprises can comprehensively see, thoroughly understand and rapidly act against cyber-threats. | $2 | +12% | $437M | $524M | 3.9x | (29.8x) | ||
| WebRAY Tech Group Inc is engaged in Research and development, production and sales of network security products. The company is focused on the field of cyberspace security, with the mission of making cyberspace more orderly, providing customers with basic network security, business scene security, and cyberspace map security products and services. | $6 | +20% | $430M | $398M | 9.3x | 245.2x | ||
| Median | $2 | +5% | $987M | $944M | 7.0x | (20.2x) |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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