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    300454   CNE1000033T1

SANGFOR TECHNOLOGIES INC.

(300454)
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End-of-day quote Shenzhen Stock Exchange  -  05-15
86.07 CNY   -1.89%
05/16Certain A Shares of Sangfor Technologies Inc. are subject to a Lock-Up Agreement Ending on 16-MAY-2022.
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05/08SANGFOR NEWSLETTER FEATURING THE GARTNER« RESEARCH : The Cloud Strategy Cookbook, 2021
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04/26Sangfor Technologies Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
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Sangfor Recognized as a “Visionary” Vendor in the 2021 Gartner« Magic Quadrant™ for Network Firewalls

11/09/2021 | 08:06pm EDT

Sangfor is proud to announce that they have been named a “Visionary” Vendor in the “2021 Gartner Magic Quadrant for Network Firewalls”.

Per Gartner, “Visionaries show strong vision and market-leading innovation in relation to, among other things, securing work-from-home users, ensuring the security of workloads, enabling east-west segmentation in public cloud and software-defined networking environments, and automating threat detection.”

Enhanced Architecture & Features
Sangfor NGAF is the world's first AI-enabled Next-Generation Firewall and the first to include a fully integrated Web Application Firewall. With 7 years of recognition in the Magic Quadrant, NGAF is still moving forward with new innovations to meet the needs of an ever-changing security threat landscape. The newest NGAF includes completely redesigned AI technology, improved performance, and enhanced network and application security protections.

NGAF has always been innovative, with new features like complete endpoint and application traffic visibility, enhanced XDDR coordinated defence with other Sangfor products like Cyber Command. It actively seeks out threats using ground-breaking integrated cloud-based deception, human-machine identification, on-demand vulnerability detection and other new technologies.

Security & Cloud Make Sangfor the Market Leader
Digital transformation continues to sweep the world, while network boundaries become increasingly blurred. Data centres are answering the call meeting greater needs by using NGAF for increased availability, increased stability, and security.

NGAF provides multiple lines of network & application defence, more offensive security functions and third-party integration, all in an easy to manage solution designed to actively identify and neutralize threats.

Next-Generation Cloudification with FWaaS
NGAF has embraced the cloud by evolving into Firewall-as-a-Service, providing a virtual defence solution supporting a wide variety of cloud platforms.

FWaaS is based on NGAF’s innovative threat detection technology, recognized as “Most Secure NGFW (AAA)” by CyberRatings, uses AI detection, semantic detection, in-depth analysis of traffic entering the network, and AI-based rapid identification for blocking of known and unknown threats. With industry-leading application containment & proxy avoidance protection and “one-click” handling of events, administrators have immediate relevant remediation recommendations for any potential security event.

Read the report here.

Source: Gartner, Magic Quadrant for Network Firewalls, by Rajpreet Kaur, Jeremy D'Hoinne, Nat Smith and Adam Hils, 1 November 2021

Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Sangfor Technologies
Sangfor is a global leading vendor of Cyber Security and Cloud Computing solutions.


ę Business Wire 2021
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Financials
Sales 2022 8 910 M 1 313 M 1 313 M
Net income 2022 507 M 74,8 M 74,8 M
Net cash 2022 1 251 M 184 M 184 M
P/E ratio 2022 69,6x
Yield 2022 0,20%
Capitalization 35 775 M 5 273 M 5 273 M
EV / Sales 2022 3,87x
EV / Sales 2023 2,87x
Nbr of Employees 8 897
Free-Float 45,7%
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Number of Analysts 17
Last Close Price 86,07 CNY
Average target price 163,75 CNY
Spread / Average Target 90,2%
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Managers and Directors
Chao Xi He Chairman & Chief Executive Officer
Jia Jun Ma Chief Financial Officer
Chun Hao Zhou Chairman-Supervisory Board
Dan Hao Independent Director
Xiao Jian Wang Independent Director
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