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China Security & Surveillance Technology Inc

 
Hoover's Profile: China Security & Surveillance Technology, Inc.
(NYSE:CSR)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
China Security & Surveillance Technology, Inc.
13/F, Shenzhen Special Zone Press Tower, Shennan Road, Futian District
Shenzhen, Guangdong 518034, China
Tel. +86-755-8351-0888
Fax +86-755-8351-5344

Type: Public
On the web: http://www.csst.com
Employees: 3,500
Employee growth: 40.0%

Despite the order of its name, China Security & Surveillance Technology (CSST) believes that surveillance leads to security. To that end, it makes, distributes, installs, and maintains surveillance systems and develops related software in China. It also offers turnkey security installations and consultations to corporate and government clients. Government agencies account for nearly half the company's sales, which are mostly derived from one-time installation packages rather than on-going monitoring fees. CSST manufactures its wares at its plant in Shenzhen. The company was formed as Apex Wealth Enterprises in 2002 and took the CSST name in 2006.

Key numbers for fiscal year ending December, 2008:
Sales: $427.4M
One year growth: 77.9%
Net income: $32.6M
Income growth: (7.7%)

Officers:
Chairman and CEO: Guoshen Tu
COO: Lizhong Wang
Vice Chairman and CFO: Terence Yap

Competitors:
GE
Honeywell International
Samsung Group

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