Communication security refers to protecting information during the communication process from unauthorized access, tampering, or destruction by individuals, entities, or processes, ensuring the confidentiality, integrity, and availability of the information.

Profitability is typically measured by the amount and level of corporate earnings over a specific period. Analyzing profitability involves a deep dive into a company's profit margins.

This article is part of our Corporate Value Series on [Profitability], featuring 12 communication security enterprises as research samples. Key evaluation indicators include return on equity (ROE), gross margin, and net margin.

Data is based on historical information and does not represent future trends; it is provided for static analysis only and does not constitute investment advice.

Top 10 Communication Security Enterprises by Profitability:

10th - Jiechuang Smart

Industry Segment: IT Services

Profitability: ROE 7.78%, Gross Margin 24.52%, Net Margin 6.48%

Performance Forecast: No agency forecasts available for this year

Primary Product: System Integration Services, accounting for 91.90% of revenue with a gross margin of 18.26%

Company Highlight: Based on experience in the communication security management industry, Jiechuang Smart focuses on the field of electromagnetic spectrum security, and has independently developed a series of products including broadband radio monitoring and radio emitter tracking.

9th - Bird

Industry Segment: Consumer Electronics Components and Assembly

Profitability: ROE 2.57%, Gross Margin 12.15%, Net Margin 6.23%

Performance Forecast: No agency forecasts available for this year

Primary Product: Mobile phones and accessories, accounting for 50.67% of revenue with a gross margin of 4.20%

Company Highlight: Bird's primary business is mobile phones and motherboards, as well as smart device businesses such as vehicle locators, face recognition, and real-name authentication devices. The company developed China's first Chinese-language pager.

8th - Shengxun

Industry Segment: Security Equipment

Profitability: ROE 4.70%, Gross Margin 40.96%, Net Margin 11.29%

Performance Forecast: No agency forecasts available for this year

Primary Product: Smart Security Inspection Systems, accounting for 33.89% of revenue with a gross margin of 35.05%

Company Highlight: Shengxun's primary business is providing intelligent, informatized, and industry-specific security solutions and operation services.

7th - Jiuzhiyang

Industry Segment: Other Electronics

Profitability: ROE 6.65%, Gross Margin 29.93%, Net Margin 10.84%

Performance Forecast: No agency forecasts available for this year

Primary Product: Infrared thermal imagers, accounting for 63.75% of revenue with a gross margin of 39.42%

Company Highlight: Jiuzhiyang's future direction for its terahertz spectrometer products is to develop reflective, handheld terahertz spectrometers.

6th - Eastcom

Industry Segment: Other Communication Equipment

Profitability: ROE 4.05%, Gross Margin 11.74%, Net Margin 4.38%

Performance Forecast: ROE has risen continuously over the past three years to 4.50%, with the latest forecast average at 4.81%

Primary Product: Smart Manufacturing, accounting for 45.41% of revenue with a gross margin of 2.46%

Company Highlight: Eastcom primarily provides specialized network communication equipment and comprehensive solutions for emergency communications to government departments, enterprises, and institutions.

5th - Pony Testing

Industry Segment: Testing Services

Profitability: ROE 8.35%, Gross Margin 41.49%, Net Margin 8.01%

Performance Forecast: ROE has fallen continuously over the past three years to 3.07%, with the latest forecast average at 2.78%

Primary Product: Testing Services, accounting for 86.84% of revenue with a gross margin of 27.43%

Company Highlight: Pony Testing's Shenzhen Tongce Testing Company is one of the earlier institutions in China to establish communication testing laboratories.

4th - Bichuang Technology

Industry Segment: Instrumentation

Profitability: ROE 3.22%, Gross Margin 34.74%, Net Margin 4.73%

Performance Forecast: ROE peaked at 6.43% over the past three years, with the latest forecast average at 4.88%

Primary Product: Spectral Instruments, accounting for 56.14% of revenue with a gross margin of 34.64%

Company Highlight: Bichuang Technology's IoT Engineering Laboratory is equipped with capabilities for low-power testing, EMC testing, communication testing, and OTA testing of wireless sensors.

3rd - Hytera

Industry Segment: Communication Network Equipment and Components

Profitability: ROE -3.57%, Gross Margin 46.30%, Net Margin -3.64%

Performance Forecast: ROE peaked at 6.90% over the past three years, with the latest forecast average at 6.35%

Primary Product: Terminals, accounting for 46.34% of revenue with a gross margin of 58.83%

Company Highlight: Hytera is a leading enterprise in China's professional wireless communication industry, primarily engaged in professional wireless communication equipment such as walkie-talkie terminals and trunking systems, as well as some OEM businesses.

2nd - Tianjian

Industry Segment: Consumer Electronics Components and Assembly

Profitability: ROE 20.79%, Gross Margin 19.03%, Net Margin 7.74%

Performance Forecast: ROE has fallen continuously over the past three years to 11.49%, with the latest forecast average at 8.70%

Primary Product: Headphones, accounting for 93.42% of revenue with a gross margin of 17.51%

Company Highlight: Tianjian offers walkie-talkie accessories such as headphones and microphones.

1st - Dinatek

Industry Segment: Security Equipment

Profitability: ROE 7.29%, Gross Margin 39.93%, Net Margin 10.69%

Performance Forecast: ROE has fluctuated between 6% and 9% over the past three years, with the latest forecast average at 11.10%

Primary Product: Building Intercom Products, accounting for 55.24% of revenue with a gross margin of 46.85%

Company Highlight: Dinatek's primary products include intelligent security equipment for smart communities such as building intercom systems, smart wards, and smart outpatient clinics, as well as related applications for smart hospitals.

ROE, Gross Margin, and Net Margin of the Top 10 Communication Security Enterprises by Profitability over the Past Three Years: