Kingnet Network（002517）株式概要株式会社キングネットネットワークは、ウェブゲームおよびモバイルゲームの開発・運営・配信を行っています。 詳細002517 ファンダメンタル分析スノーフレーク・スコア評価6/6将来の成長2/6過去の実績5/6財務の健全性5/6配当金3/6報酬当社が推定した公正価値より37%で取引されている 収益は年間15.09%増加すると予測されています 過去1年間で収益は25.9%増加しました 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が95.8%上昇するだろうとほぼ一致している。 リスク分析不安定な配当実績 すべてのリスクチェックを見る002517 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥14.1841.4% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b11b2016201920222025202620282031Revenue CN¥11.0bEarnings CN¥3.8bAdvancedSet Fair ValueView all narrativesKingnet Network Co., Ltd. 競合他社G-bits Network Technology (Xiamen)Symbol: SHSE:603444Market cap: CN¥23.4b37 Interactive Entertainment Network Technology GroupSymbol: SZSE:002555Market cap: CN¥40.0bPerfect WorldSymbol: SZSE:002624Market cap: CN¥27.6bGiant Network GroupSymbol: SZSE:002558Market cap: CN¥45.8b価格と性能株価の高値、安値、推移の概要Kingnet Network過去の株価現在の株価CN¥14.1852週高値CN¥30.5052週安値CN¥14.36ベータ0.841ヶ月の変化-20.78%3ヶ月変化-26.41%1年変化-19.43%3年間の変化-18.69%5年間の変化210.96%IPOからの変化-24.06%最新ニュースDeclared Dividend • Jun 08Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 9th June 2026 Payment date: 9th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Jun 05High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Deputy General Manager & Non-Independent Director Yue Tang was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • May 19Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Hongzhen Jiang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Major Estimate Revision • May 05Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥6.94b to CN¥7.43b. EPS estimate increased from CN¥1.27 to CN¥1.42 per share. Net income forecast to grow 31% next year vs 64% growth forecast for Entertainment industry in China. Consensus price target down from CN¥30.09 to CN¥28.55. Share price rose 3.9% to CN¥17.98 over the past week.Reported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥0.89 (vs CN¥0.77 in FY 2024)Full year 2025 results: EPS: CN¥0.89 (up from CN¥0.77 in FY 2024). Revenue: CN¥5.32b (up 4.0% from FY 2024). Net income: CN¥1.90b (up 17% from FY 2024). Profit margin: 36% (up from 32% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 29Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2026Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: 15F, Building A, No. 899, Yaohua Road, Pudong New Area, Shanghai China最新情報をもっと見るRecent updatesDeclared Dividend • Jun 08Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 9th June 2026 Payment date: 9th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Jun 05High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Deputy General Manager & Non-Independent Director Yue Tang was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • May 19Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Hongzhen Jiang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Major Estimate Revision • May 05Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥6.94b to CN¥7.43b. EPS estimate increased from CN¥1.27 to CN¥1.42 per share. Net income forecast to grow 31% next year vs 64% growth forecast for Entertainment industry in China. Consensus price target down from CN¥30.09 to CN¥28.55. Share price rose 3.9% to CN¥17.98 over the past week.Reported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥0.89 (vs CN¥0.77 in FY 2024)Full year 2025 results: EPS: CN¥0.89 (up from CN¥0.77 in FY 2024). Revenue: CN¥5.32b (up 4.0% from FY 2024). Net income: CN¥1.90b (up 17% from FY 2024). Profit margin: 36% (up from 32% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 29Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2026Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: 15F, Building A, No. 899, Yaohua Road, Pudong New Area, Shanghai ChinaNew Risk • Apr 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change).お知らせ • Mar 31Kingnet Network Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Kingnet Network Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥25.97, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 29x in the Entertainment industry in China. Total returns to shareholders of 219% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.06 per share.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥25.23, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 27x in the Entertainment industry in China. Total returns to shareholders of 235% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.41 per share.お知らせ • Dec 31Kingnet Network Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Kingnet Network Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026New Risk • Nov 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).Reported Earnings • Oct 30Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: CN¥0.29 (up from CN¥0.22 in 3Q 2024). Revenue: CN¥1.50b (up 9.1% from 3Q 2024). Net income: CN¥633.4m (up 35% from 3Q 2024). Profit margin: 42% (up from 34% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 30Kingnet Network Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Kingnet Network Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥28.06, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 30x in the Entertainment industry in China. Total returns to shareholders of 291% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.38 per share.Price Target Changed • Sep 03Price target increased by 17% to CN¥26.38Up from CN¥22.57, the current price target is an average from 5 analysts. New target price is 16% above last closing price of CN¥22.84. Stock is up 157% over the past year. The company is forecast to post earnings per share of CN¥1.01 for next year compared to CN¥0.77 last year.Price Target Changed • Sep 01Price target increased by 9.0% to CN¥23.77Up from CN¥21.81, the current price target is an average from 5 analysts. New target price is 6.6% above last closing price of CN¥22.30. Stock is up 151% over the past year. The company is forecast to post earnings per share of CN¥1.03 for next year compared to CN¥0.77 last year.Reported Earnings • Aug 31Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.18 in 2Q 2024). Revenue: CN¥1.23b (down 1.8% from 2Q 2024). Net income: CN¥431.9m (up 13% from 2Q 2024). Profit margin: 35% (up from 31% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 02Kingnet Network Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Kingnet Network Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025Price Target Changed • Jul 01Price target increased by 7.7% to CN¥21.81Up from CN¥20.26, the current price target is an average from 5 analysts. New target price is 9.2% above last closing price of CN¥19.98. Stock is up 107% over the past year. The company is forecast to post earnings per share of CN¥0.99 for next year compared to CN¥0.77 last year.Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥19.31, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 26x in the Entertainment industry in China. Total returns to shareholders of 243% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.16 per share.Buy Or Sell Opportunity • Jun 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to CN¥17.16. The fair value is estimated to be CN¥14.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 46% in the next 2 years.Buy Or Sell Opportunity • Jun 05Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥17.15. The fair value is estimated to be CN¥14.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 47% in the next 2 years.Declared Dividend • May 31Dividend of CN¥0.10 announcedDividend of CN¥0.10 is the same as last year. Ex-date: 6th June 2025 Payment date: 6th June 2025 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 25% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 27+ 1 more updateKingnet Network Co., Ltd. Approves Dividend on A Shares for the Year 2024, Payable on 06 June 2025Kingnet Network Co., Ltd. approved at its AGM held on 23 May 2025 the cash dividend/10 shares (tax included) of CNY 1.00000000 on A shares for the year 2024. Record date is 05 June 2025, Ex-date is 06 June 2025 and Payment date is 06 June 2025.Buy Or Sell Opportunity • May 06Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CN¥17.29. The fair value is estimated to be CN¥14.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.Reported Earnings • Apr 26First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: CN¥0.24 (up from CN¥0.20 in 1Q 2024). Revenue: CN¥1.35b (up 3.5% from 1Q 2024). Net income: CN¥518.1m (up 22% from 1Q 2024). Profit margin: 38% (up from 33% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 26Kingnet Network Co., Ltd., Annual General Meeting, May 23, 2025Kingnet Network Co., Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time. Location: 15F, Building A, Lane 899, Yaohua Road, Pudong New Area, Shanghai Chinaお知らせ • Mar 31Kingnet Network Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Kingnet Network Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025分析記事 • Mar 17Is Now The Time To Put Kingnet Network (SZSE:002517) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...分析記事 • Mar 03Calculating The Fair Value Of Kingnet Network Co., Ltd. (SZSE:002517)Key Insights Kingnet Network's estimated fair value is CN¥17.20 based on 2 Stage Free Cash Flow to Equity Current share...分析記事 • Feb 17Kingnet Network Co., Ltd. (SZSE:002517) Shares Fly 27% But Investors Aren't Buying For GrowthKingnet Network Co., Ltd. ( SZSE:002517 ) shareholders have had their patience rewarded with a 27% share price jump in...分析記事 • Jan 21We Think Kingnet Network (SZSE:002517) Might Have The DNA Of A Multi-BaggerWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Jan 07Is Now The Time To Look At Buying Kingnet Network Co., Ltd. (SZSE:002517)?Kingnet Network Co., Ltd. ( SZSE:002517 ), might not be a large cap stock, but it saw a double-digit share price rise...お知らせ • Dec 31Kingnet Network Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Kingnet Network Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025分析記事 • Nov 25Kingnet Network Co., Ltd. (SZSE:002517) Shares Could Be 30% Below Their Intrinsic Value EstimateKey Insights Kingnet Network's estimated fair value is CN¥18.69 based on 2 Stage Free Cash Flow to Equity Kingnet...分析記事 • Nov 11Kingnet Network Co., Ltd.'s (SZSE:002517) Price Is Right But Growth Is Lacking After Shares Rocket 29%Despite an already strong run, Kingnet Network Co., Ltd. ( SZSE:002517 ) shares have been powering on, with a gain of...Reported Earnings • Oct 29Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: CN¥0.22 (up from CN¥0.16 in 3Q 2023). Revenue: CN¥1.37b (up 30% from 3Q 2023). Net income: CN¥470.9m (up 32% from 3Q 2023). Profit margin: 34% (in line with 3Q 2023). Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Oct 22Here's Why We Think Kingnet Network (SZSE:002517) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥13.32, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 24x in the Entertainment industry in China. Total returns to shareholders of 198% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.73 per share.お知らせ • Sep 30Kingnet Network Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Kingnet Network Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥10.81, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Entertainment industry in China. Total returns to shareholders of 159% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.91 per share.分析記事 • Sep 25Kingnet Network Co., Ltd.'s (SZSE:002517) Prospects Need A Boost To Lift SharesWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 27x, you may consider...分析記事 • Sep 09Under The Bonnet, Kingnet Network's (SZSE:002517) Returns Look ImpressiveThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...Reported Earnings • Aug 25Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.21 in 2Q 2023). Revenue: CN¥1.25b (up 22% from 2Q 2023). Net income: CN¥382.9m (down 12% from 2Q 2023). Profit margin: 31% (down from 43% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 24Kingnet Network Co., Ltd. Proposes Interim Cash Dividend for the First Half of 2024Kingnet Network Co., Ltd. proposed interim Cash dividend/10 shares (tax included) of CNY1.00000000 for the first half of 2024.分析記事 • Aug 23We Think Kingnet Network's (SZSE:002517) Profit Is Only A Baseline For What They Can AchieveEven though Kingnet Network Co., Ltd.'s ( SZSE:002517 ) recent earnings release was robust, the market didn't seem to...Price Target Changed • Aug 23Price target decreased by 12% to CN¥12.69Down from CN¥14.45, the current price target is an average from 5 analysts. New target price is 48% above last closing price of CN¥8.60. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥0.82 for next year compared to CN¥0.70 last year.Price Target Changed • Aug 10Price target decreased by 11% to CN¥14.45Down from CN¥16.19, the current price target is an average from 5 analysts. New target price is 54% above last closing price of CN¥9.38. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.70 last year.分析記事 • Jul 12Is There An Opportunity With Kingnet Network Co., Ltd.'s (SZSE:002517) 48% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, Kingnet Network fair value estimate is CN¥17.52 Kingnet...お知らせ • Jun 29Kingnet Network Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024Kingnet Network Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024分析記事 • Jun 14With EPS Growth And More, Kingnet Network (SZSE:002517) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...お知らせ • May 30Kingnet Network Co., Ltd. Announces Cash Dividend for A Shares, Payable June 5, 2024Kingnet Network Co., Ltd. announced 2023 profit distribution plan for A shares. Cash dividend per 10 shares (tax included): CNY 1.00000000. Record date: June 4, 2024, Ex-date: June 5, 2024. Payment date: June 5, 2024.お知らせ • May 25Kingnet Network Co., Ltd. Approves Cash Dividend for the Year 2023Kingnet Network Co., Ltd. held its Annual General Meeting of 2023 on 22 May 2024, approved cash dividend (tax included) of CNY 1.00000000 per ten shares for the year 2023.分析記事 • May 21Kingnet Network Co., Ltd.'s (SZSE:002517) Business And Shares Still Trailing The MarketWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 33x, you may consider...分析記事 • May 02Kingnet Network Co., Ltd. Just Missed EPS By 10%: Here's What Analysts Think Will Happen NextIt's been a good week for Kingnet Network Co., Ltd. ( SZSE:002517 ) shareholders, because the company has just released...お知らせ • May 02Kingnet Network Co., Ltd. Announces the Profit Distribution Proposal for 2023Kingnet Network Co., Ltd. announced on 30 April 2024 the profit distribution proposal for 2023 as Cash dividend/10 shares (tax included): CNY 1.00000000.お知らせ • May 01Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2024Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shanghai ChinaReported Earnings • Apr 30Full year 2023 earnings released: EPS: CN¥0.70 (vs CN¥0.49 in FY 2022)Full year 2023 results: EPS: CN¥0.70 (up from CN¥0.49 in FY 2022). Revenue: CN¥4.30b (up 15% from FY 2022). Net income: CN¥1.46b (up 43% from FY 2022). Profit margin: 34% (up from 28% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 07Are Investors Undervaluing Kingnet Network Co., Ltd. (SZSE:002517) By 33%?Key Insights Kingnet Network's estimated fair value is CN¥16.96 based on 2 Stage Free Cash Flow to Equity Kingnet...お知らせ • Mar 30Kingnet Network Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Kingnet Network Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Mar 15Is Now The Time To Put Kingnet Network (SZSE:002517) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Valuation Update With 7 Day Price Move • Jan 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.51, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Entertainment industry in China. Total returns to shareholders of 110% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.62 per share.New Risk • Jan 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.お知らせ • Dec 30Kingnet Network Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Kingnet Network Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024お知らせ • Dec 27Kingnet Network's Chairman Plans to Raise Company HoldingsKingnet Network Co., Ltd. (SZSE:002517) said Chairman Jin Feng plans to raise Co Holdings by at least CNY 100 million ($14.01 million).Valuation Update With 7 Day Price Move • Dec 25Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥9.85, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Entertainment industry in China. Total returns to shareholders of 117% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.22 per share.Buying Opportunity • Dec 18Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CN¥15.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 63% in 2 years. Earnings is forecast to grow by 80% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥12.50, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Entertainment industry in China. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.67 per share.New Risk • Nov 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 57% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.13 in 3Q 2022). Revenue: CN¥1.05b (up 29% from 3Q 2022). Net income: CN¥358.1m (up 25% from 3Q 2022). Profit margin: 34% (down from 35% in 3Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 30Price target decreased by 8.8% to CN¥18.18Down from CN¥19.95, the current price target is an average from 7 analysts. New target price is 70% above last closing price of CN¥10.70. Stock is up 81% over the past year. The company is forecast to post earnings per share of CN¥0.72 for next year compared to CN¥0.49 last year.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥10.25, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Entertainment industry in China. Total returns to shareholders of 93% over the past three years.お知らせ • Sep 23Kingnet Network Co., Ltd. Implements 2023 Interim Dividend of A Shares, Payable on 28 September 2023Kingnet Network Co., Ltd. implemented 2023 interim cash dividend of CNY 1.00000000 per 10 A shares (tax included). Record date is 27 September 2023. Ex-date is 28 September 2023. Payment date is 28 September 2023.お知らせ • Sep 19Kingnet Network Co., Ltd. Approves Interim Cash Dividend for the Year 2023Kingnet Network Co., Ltd. at its EGM held on 15 September 2023 approved interim cash dividend of CNY 1.00000000 per 10 shares for the year 2023.お知らせ • Sep 02Kingnet Network Co., Ltd. (SZSE:002517) announces an Equity Buyback for CNY 200 million worth of its shares.Kingnet Network Co., Ltd. (SZSE:002517) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 21.78 per share. The repurchase shares will be used for equity incentive plan and employee stock ownership plan. The plan will be valid for a period of 12 months.お知らせ • Sep 01Kingnet Network Co., Ltd. Proposes Dividend the First Half of 2023Kingnet Network Co., Ltd. proposed Cash dividend/10 shares (tax included) of CNY1.00000000 the first half of 2023.Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.18 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.18 in 2Q 2022). Revenue: CN¥1.02b (up 4.2% from 2Q 2022). Net income: CN¥434.4m (up 15% from 2Q 2022). Profit margin: 43% (up from 39% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Board Change • Aug 12High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Hongzhen Jiang was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jul 28Kingnet Network Co., Ltd. Approves Board ElectionsKingnet Network Co., Ltd. at its EGM held on July 26, 2023 approved election of Jiang Hongzhen as independent directors and Zheng Xingyan as non-employee supervisors.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥15.16, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 27x in the Entertainment industry in China. Total returns to shareholders of 341% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.79 per share.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥18.37, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 27x in the Entertainment industry in China. Total returns to shareholders of 432% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.61 per share.Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.12 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.12 in 1Q 2022). Revenue: CN¥954.9m (down 7.2% from 1Q 2022). Net income: CN¥289.8m (up 17% from 1Q 2022). Profit margin: 30% (up from 24% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 87% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.72, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the Entertainment industry in China. Total returns to shareholders of 526% over the past three years.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥13.16, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 26x in the Entertainment industry in China. Total returns to shareholders of 354% over the past three years.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥9.95, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the Entertainment industry in China. Total returns to shareholders of 248% over the past three years.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥7.60, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Entertainment industry in China. Total returns to shareholders of 166% over the past three years.Board Change • Nov 23Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Deputy GM & Non-Independent Director Fan Zhao was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Deputy GM & Non-Independent Director Chen Cong was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.11 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.11 in 3Q 2021). Revenue: CN¥815.7m (up 23% from 3Q 2021). Net income: CN¥286.5m (up 28% from 3Q 2021). Profit margin: 35% (up from 34% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 22An unknown buyer acquired a 5.23% stake through judicial auction in Kingnet Network Co., Ltd. (SZSE:002517) from Wang Yue.An unknown buyer acquired a 5.23% stake through judicial auction in Kingnet Network Co., Ltd. (SZSE:002517) from Wang Yue on October 19, 2022. Under the auction 112,477,078 shares have been auctioned out of 123,359,776 shares and period was from August 5, 2022 to August 6, 2022. An unknown buyer completed the acquisition of a 5.23% stake through judicial auction in Kingnet Network Co., Ltd. (SZSE:002517) from Wang Yue on October 19, 2022.お知らせ • Sep 26Kingnet Network Co., Ltd. (SZSE:002517) announces an Equity Buyback for CNY 200 million worth of its shares.Kingnet Network Co., Ltd. (SZSE:002517) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 11.52 per share. The repurchase shares will be used for equity incentive plan and ESOP. The plan will be valid for 12 months.Major Estimate Revision • Aug 25Consensus revenue estimates increase by 11%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from CN¥3.62b to CN¥4.03b. EPS estimate increased from CN¥0.36 to CN¥0.46 per share. Net income forecast to grow 20% next year vs 36% growth forecast for Entertainment industry in China. Consensus price target up from CN¥6.80 to CN¥9.36. Share price was steady at CN¥7.85 over the past week.Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.06 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.06 in 2Q 2021). Revenue: CN¥980.6m (up 82% from 2Q 2021). Net income: CN¥379.0m (up 196% from 2Q 2021). Profit margin: 39% (up from 24% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 23% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.88, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Entertainment industry in China. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.06 per share.Price Target Changed • Jul 08Price target increased to CN¥6.80Up from CN¥6.30, the current price target is an average from 2 analysts. New target price is 24% above last closing price of CN¥5.49. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.36 for next year compared to CN¥0.27 last year.お知らせ • Jun 03Kingnet Network Co., Ltd., Annual General Meeting, Jun 22, 2022Kingnet Network Co., Ltd., Annual General Meeting, Jun 22, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual report and its summary; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider Purchase of wealth management products with idle proprietary funds; to consider Reappointment of 2022 audit firm; and to consider Shareholder return plan for the next three years from 2022 to 2024.株主還元002517CN EntertainmentCN 市場7D-6.9%-2.3%-3.7%1Y-19.4%1.2%25.6%株主還元を見る業界別リターン: 002517過去 1 年間で1.2 % の収益を上げたCN Entertainment業界を下回りました。リターン対市場: 002517は、過去 1 年間で25.6 % のリターンを上げたCN市場を下回りました。価格変動Is 002517's price volatile compared to industry and market?002517 volatility002517 Average Weekly Movement6.7%Entertainment Industry Average Movement6.2%Market Average Movement6.6%10% most volatile stocks in CN Market10.4%10% least volatile stocks in CN Market4.2%安定した株価: 002517 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 002517の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20002,248Jun Shenwww.kingnet.com株式会社キングネットネットワークは、ウェブゲームおよびモバイルゲームの開発・運営・配信を行っています。ウェブゲームでは「蒼月の伝説」、「ワールド・オブ・レジェンド」、モバイルゲームでは「蒼月の伝説」、「天使の戦争」、「MUミラクル」、「ガンダムバトルショーダウン」、「フィギュアストーリー」、「MMORPG」、「ARPG」、「熱血」、「ゼロアームズ」、「玄中物語」、「妖怪：スピリッツハント2」などを提供している。また、XYゲームやキングネットチェーンプラットフォーム、インターネット技術やアニメーション製品も運営している。同社は2000年に設立され、中国の上海に本社を置いている。もっと見るKingnet Network Co., Ltd. 基礎のまとめKingnet Network の収益と売上を時価総額と比較するとどうか。002517 基礎統計学時価総額CN¥30.80b収益（TTM）CN¥2.17b売上高(TTM)CN¥6.19b13.9xPER（株価収益率4.9xP/Sレシオ002517 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計002517 損益計算書（TTM）収益CN¥6.19b売上原価CN¥1.23b売上総利益CN¥4.97bその他の費用CN¥2.80b収益CN¥2.17b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.02グロス・マージン80.21%純利益率34.97%有利子負債／自己資本比率1.0%002517 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.7%現在の配当利回り10%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/11 10:20終値2026/06/11 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Kingnet Network Co., Ltd. 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Xueqing ZhangChina International Capital Corporation LimitedMinting YeCitic Securities Co., Ltd.Fuk Lung CheungCitigroup Inc7 その他のアナリストを表示
Declared Dividend • Jun 08Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 9th June 2026 Payment date: 9th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Jun 05High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Deputy General Manager & Non-Independent Director Yue Tang was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • May 19Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Hongzhen Jiang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • May 05Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥6.94b to CN¥7.43b. EPS estimate increased from CN¥1.27 to CN¥1.42 per share. Net income forecast to grow 31% next year vs 64% growth forecast for Entertainment industry in China. Consensus price target down from CN¥30.09 to CN¥28.55. Share price rose 3.9% to CN¥17.98 over the past week.
Reported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥0.89 (vs CN¥0.77 in FY 2024)Full year 2025 results: EPS: CN¥0.89 (up from CN¥0.77 in FY 2024). Revenue: CN¥5.32b (up 4.0% from FY 2024). Net income: CN¥1.90b (up 17% from FY 2024). Profit margin: 36% (up from 32% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 29Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2026Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: 15F, Building A, No. 899, Yaohua Road, Pudong New Area, Shanghai China
Declared Dividend • Jun 08Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 9th June 2026 Payment date: 9th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Jun 05High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Deputy General Manager & Non-Independent Director Yue Tang was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • May 19Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Hongzhen Jiang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • May 05Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥6.94b to CN¥7.43b. EPS estimate increased from CN¥1.27 to CN¥1.42 per share. Net income forecast to grow 31% next year vs 64% growth forecast for Entertainment industry in China. Consensus price target down from CN¥30.09 to CN¥28.55. Share price rose 3.9% to CN¥17.98 over the past week.
Reported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥0.89 (vs CN¥0.77 in FY 2024)Full year 2025 results: EPS: CN¥0.89 (up from CN¥0.77 in FY 2024). Revenue: CN¥5.32b (up 4.0% from FY 2024). Net income: CN¥1.90b (up 17% from FY 2024). Profit margin: 36% (up from 32% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 29Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2026Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: 15F, Building A, No. 899, Yaohua Road, Pudong New Area, Shanghai China
New Risk • Apr 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change).
お知らせ • Mar 31Kingnet Network Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Kingnet Network Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥25.97, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 29x in the Entertainment industry in China. Total returns to shareholders of 219% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.06 per share.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥25.23, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 27x in the Entertainment industry in China. Total returns to shareholders of 235% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.41 per share.
お知らせ • Dec 31Kingnet Network Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Kingnet Network Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
New Risk • Nov 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).
Reported Earnings • Oct 30Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: CN¥0.29 (up from CN¥0.22 in 3Q 2024). Revenue: CN¥1.50b (up 9.1% from 3Q 2024). Net income: CN¥633.4m (up 35% from 3Q 2024). Profit margin: 42% (up from 34% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 30Kingnet Network Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Kingnet Network Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥28.06, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 30x in the Entertainment industry in China. Total returns to shareholders of 291% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.38 per share.
Price Target Changed • Sep 03Price target increased by 17% to CN¥26.38Up from CN¥22.57, the current price target is an average from 5 analysts. New target price is 16% above last closing price of CN¥22.84. Stock is up 157% over the past year. The company is forecast to post earnings per share of CN¥1.01 for next year compared to CN¥0.77 last year.
Price Target Changed • Sep 01Price target increased by 9.0% to CN¥23.77Up from CN¥21.81, the current price target is an average from 5 analysts. New target price is 6.6% above last closing price of CN¥22.30. Stock is up 151% over the past year. The company is forecast to post earnings per share of CN¥1.03 for next year compared to CN¥0.77 last year.
Reported Earnings • Aug 31Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.18 in 2Q 2024). Revenue: CN¥1.23b (down 1.8% from 2Q 2024). Net income: CN¥431.9m (up 13% from 2Q 2024). Profit margin: 35% (up from 31% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 02Kingnet Network Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Kingnet Network Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
Price Target Changed • Jul 01Price target increased by 7.7% to CN¥21.81Up from CN¥20.26, the current price target is an average from 5 analysts. New target price is 9.2% above last closing price of CN¥19.98. Stock is up 107% over the past year. The company is forecast to post earnings per share of CN¥0.99 for next year compared to CN¥0.77 last year.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥19.31, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 26x in the Entertainment industry in China. Total returns to shareholders of 243% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.16 per share.
Buy Or Sell Opportunity • Jun 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to CN¥17.16. The fair value is estimated to be CN¥14.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 46% in the next 2 years.
Buy Or Sell Opportunity • Jun 05Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥17.15. The fair value is estimated to be CN¥14.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 47% in the next 2 years.
Declared Dividend • May 31Dividend of CN¥0.10 announcedDividend of CN¥0.10 is the same as last year. Ex-date: 6th June 2025 Payment date: 6th June 2025 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 25% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 27+ 1 more updateKingnet Network Co., Ltd. Approves Dividend on A Shares for the Year 2024, Payable on 06 June 2025Kingnet Network Co., Ltd. approved at its AGM held on 23 May 2025 the cash dividend/10 shares (tax included) of CNY 1.00000000 on A shares for the year 2024. Record date is 05 June 2025, Ex-date is 06 June 2025 and Payment date is 06 June 2025.
Buy Or Sell Opportunity • May 06Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CN¥17.29. The fair value is estimated to be CN¥14.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.
Reported Earnings • Apr 26First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: CN¥0.24 (up from CN¥0.20 in 1Q 2024). Revenue: CN¥1.35b (up 3.5% from 1Q 2024). Net income: CN¥518.1m (up 22% from 1Q 2024). Profit margin: 38% (up from 33% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 26Kingnet Network Co., Ltd., Annual General Meeting, May 23, 2025Kingnet Network Co., Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time. Location: 15F, Building A, Lane 899, Yaohua Road, Pudong New Area, Shanghai China
お知らせ • Mar 31Kingnet Network Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Kingnet Network Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
分析記事 • Mar 17Is Now The Time To Put Kingnet Network (SZSE:002517) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
分析記事 • Mar 03Calculating The Fair Value Of Kingnet Network Co., Ltd. (SZSE:002517)Key Insights Kingnet Network's estimated fair value is CN¥17.20 based on 2 Stage Free Cash Flow to Equity Current share...
分析記事 • Feb 17Kingnet Network Co., Ltd. (SZSE:002517) Shares Fly 27% But Investors Aren't Buying For GrowthKingnet Network Co., Ltd. ( SZSE:002517 ) shareholders have had their patience rewarded with a 27% share price jump in...
分析記事 • Jan 21We Think Kingnet Network (SZSE:002517) Might Have The DNA Of A Multi-BaggerWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Jan 07Is Now The Time To Look At Buying Kingnet Network Co., Ltd. (SZSE:002517)?Kingnet Network Co., Ltd. ( SZSE:002517 ), might not be a large cap stock, but it saw a double-digit share price rise...
お知らせ • Dec 31Kingnet Network Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Kingnet Network Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
分析記事 • Nov 25Kingnet Network Co., Ltd. (SZSE:002517) Shares Could Be 30% Below Their Intrinsic Value EstimateKey Insights Kingnet Network's estimated fair value is CN¥18.69 based on 2 Stage Free Cash Flow to Equity Kingnet...
分析記事 • Nov 11Kingnet Network Co., Ltd.'s (SZSE:002517) Price Is Right But Growth Is Lacking After Shares Rocket 29%Despite an already strong run, Kingnet Network Co., Ltd. ( SZSE:002517 ) shares have been powering on, with a gain of...
Reported Earnings • Oct 29Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: CN¥0.22 (up from CN¥0.16 in 3Q 2023). Revenue: CN¥1.37b (up 30% from 3Q 2023). Net income: CN¥470.9m (up 32% from 3Q 2023). Profit margin: 34% (in line with 3Q 2023). Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Oct 22Here's Why We Think Kingnet Network (SZSE:002517) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥13.32, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 24x in the Entertainment industry in China. Total returns to shareholders of 198% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.73 per share.
お知らせ • Sep 30Kingnet Network Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Kingnet Network Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥10.81, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Entertainment industry in China. Total returns to shareholders of 159% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.91 per share.
分析記事 • Sep 25Kingnet Network Co., Ltd.'s (SZSE:002517) Prospects Need A Boost To Lift SharesWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 27x, you may consider...
分析記事 • Sep 09Under The Bonnet, Kingnet Network's (SZSE:002517) Returns Look ImpressiveThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Reported Earnings • Aug 25Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.21 in 2Q 2023). Revenue: CN¥1.25b (up 22% from 2Q 2023). Net income: CN¥382.9m (down 12% from 2Q 2023). Profit margin: 31% (down from 43% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 24Kingnet Network Co., Ltd. Proposes Interim Cash Dividend for the First Half of 2024Kingnet Network Co., Ltd. proposed interim Cash dividend/10 shares (tax included) of CNY1.00000000 for the first half of 2024.
分析記事 • Aug 23We Think Kingnet Network's (SZSE:002517) Profit Is Only A Baseline For What They Can AchieveEven though Kingnet Network Co., Ltd.'s ( SZSE:002517 ) recent earnings release was robust, the market didn't seem to...
Price Target Changed • Aug 23Price target decreased by 12% to CN¥12.69Down from CN¥14.45, the current price target is an average from 5 analysts. New target price is 48% above last closing price of CN¥8.60. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥0.82 for next year compared to CN¥0.70 last year.
Price Target Changed • Aug 10Price target decreased by 11% to CN¥14.45Down from CN¥16.19, the current price target is an average from 5 analysts. New target price is 54% above last closing price of CN¥9.38. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.70 last year.
分析記事 • Jul 12Is There An Opportunity With Kingnet Network Co., Ltd.'s (SZSE:002517) 48% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, Kingnet Network fair value estimate is CN¥17.52 Kingnet...
お知らせ • Jun 29Kingnet Network Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024Kingnet Network Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024
分析記事 • Jun 14With EPS Growth And More, Kingnet Network (SZSE:002517) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
お知らせ • May 30Kingnet Network Co., Ltd. Announces Cash Dividend for A Shares, Payable June 5, 2024Kingnet Network Co., Ltd. announced 2023 profit distribution plan for A shares. Cash dividend per 10 shares (tax included): CNY 1.00000000. Record date: June 4, 2024, Ex-date: June 5, 2024. Payment date: June 5, 2024.
お知らせ • May 25Kingnet Network Co., Ltd. Approves Cash Dividend for the Year 2023Kingnet Network Co., Ltd. held its Annual General Meeting of 2023 on 22 May 2024, approved cash dividend (tax included) of CNY 1.00000000 per ten shares for the year 2023.
分析記事 • May 21Kingnet Network Co., Ltd.'s (SZSE:002517) Business And Shares Still Trailing The MarketWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 33x, you may consider...
分析記事 • May 02Kingnet Network Co., Ltd. Just Missed EPS By 10%: Here's What Analysts Think Will Happen NextIt's been a good week for Kingnet Network Co., Ltd. ( SZSE:002517 ) shareholders, because the company has just released...
お知らせ • May 02Kingnet Network Co., Ltd. Announces the Profit Distribution Proposal for 2023Kingnet Network Co., Ltd. announced on 30 April 2024 the profit distribution proposal for 2023 as Cash dividend/10 shares (tax included): CNY 1.00000000.
お知らせ • May 01Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2024Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: CN¥0.70 (vs CN¥0.49 in FY 2022)Full year 2023 results: EPS: CN¥0.70 (up from CN¥0.49 in FY 2022). Revenue: CN¥4.30b (up 15% from FY 2022). Net income: CN¥1.46b (up 43% from FY 2022). Profit margin: 34% (up from 28% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 07Are Investors Undervaluing Kingnet Network Co., Ltd. (SZSE:002517) By 33%?Key Insights Kingnet Network's estimated fair value is CN¥16.96 based on 2 Stage Free Cash Flow to Equity Kingnet...
お知らせ • Mar 30Kingnet Network Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Kingnet Network Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Mar 15Is Now The Time To Put Kingnet Network (SZSE:002517) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.51, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Entertainment industry in China. Total returns to shareholders of 110% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.62 per share.
New Risk • Jan 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
お知らせ • Dec 30Kingnet Network Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Kingnet Network Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
お知らせ • Dec 27Kingnet Network's Chairman Plans to Raise Company HoldingsKingnet Network Co., Ltd. (SZSE:002517) said Chairman Jin Feng plans to raise Co Holdings by at least CNY 100 million ($14.01 million).
Valuation Update With 7 Day Price Move • Dec 25Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥9.85, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Entertainment industry in China. Total returns to shareholders of 117% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.22 per share.
Buying Opportunity • Dec 18Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CN¥15.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 63% in 2 years. Earnings is forecast to grow by 80% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥12.50, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Entertainment industry in China. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.67 per share.
New Risk • Nov 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 57% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.13 in 3Q 2022). Revenue: CN¥1.05b (up 29% from 3Q 2022). Net income: CN¥358.1m (up 25% from 3Q 2022). Profit margin: 34% (down from 35% in 3Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 30Price target decreased by 8.8% to CN¥18.18Down from CN¥19.95, the current price target is an average from 7 analysts. New target price is 70% above last closing price of CN¥10.70. Stock is up 81% over the past year. The company is forecast to post earnings per share of CN¥0.72 for next year compared to CN¥0.49 last year.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥10.25, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Entertainment industry in China. Total returns to shareholders of 93% over the past three years.
お知らせ • Sep 23Kingnet Network Co., Ltd. Implements 2023 Interim Dividend of A Shares, Payable on 28 September 2023Kingnet Network Co., Ltd. implemented 2023 interim cash dividend of CNY 1.00000000 per 10 A shares (tax included). Record date is 27 September 2023. Ex-date is 28 September 2023. Payment date is 28 September 2023.
お知らせ • Sep 19Kingnet Network Co., Ltd. Approves Interim Cash Dividend for the Year 2023Kingnet Network Co., Ltd. at its EGM held on 15 September 2023 approved interim cash dividend of CNY 1.00000000 per 10 shares for the year 2023.
お知らせ • Sep 02Kingnet Network Co., Ltd. (SZSE:002517) announces an Equity Buyback for CNY 200 million worth of its shares.Kingnet Network Co., Ltd. (SZSE:002517) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 21.78 per share. The repurchase shares will be used for equity incentive plan and employee stock ownership plan. The plan will be valid for a period of 12 months.
お知らせ • Sep 01Kingnet Network Co., Ltd. Proposes Dividend the First Half of 2023Kingnet Network Co., Ltd. proposed Cash dividend/10 shares (tax included) of CNY1.00000000 the first half of 2023.
Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.18 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.18 in 2Q 2022). Revenue: CN¥1.02b (up 4.2% from 2Q 2022). Net income: CN¥434.4m (up 15% from 2Q 2022). Profit margin: 43% (up from 39% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Board Change • Aug 12High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Hongzhen Jiang was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 28Kingnet Network Co., Ltd. Approves Board ElectionsKingnet Network Co., Ltd. at its EGM held on July 26, 2023 approved election of Jiang Hongzhen as independent directors and Zheng Xingyan as non-employee supervisors.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥15.16, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 27x in the Entertainment industry in China. Total returns to shareholders of 341% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.79 per share.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥18.37, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 27x in the Entertainment industry in China. Total returns to shareholders of 432% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.61 per share.
Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.12 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.12 in 1Q 2022). Revenue: CN¥954.9m (down 7.2% from 1Q 2022). Net income: CN¥289.8m (up 17% from 1Q 2022). Profit margin: 30% (up from 24% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 87% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.72, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the Entertainment industry in China. Total returns to shareholders of 526% over the past three years.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥13.16, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 26x in the Entertainment industry in China. Total returns to shareholders of 354% over the past three years.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥9.95, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the Entertainment industry in China. Total returns to shareholders of 248% over the past three years.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥7.60, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Entertainment industry in China. Total returns to shareholders of 166% over the past three years.
Board Change • Nov 23Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Deputy GM & Non-Independent Director Fan Zhao was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Deputy GM & Non-Independent Director Chen Cong was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.11 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.11 in 3Q 2021). Revenue: CN¥815.7m (up 23% from 3Q 2021). Net income: CN¥286.5m (up 28% from 3Q 2021). Profit margin: 35% (up from 34% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 22An unknown buyer acquired a 5.23% stake through judicial auction in Kingnet Network Co., Ltd. (SZSE:002517) from Wang Yue.An unknown buyer acquired a 5.23% stake through judicial auction in Kingnet Network Co., Ltd. (SZSE:002517) from Wang Yue on October 19, 2022. Under the auction 112,477,078 shares have been auctioned out of 123,359,776 shares and period was from August 5, 2022 to August 6, 2022. An unknown buyer completed the acquisition of a 5.23% stake through judicial auction in Kingnet Network Co., Ltd. (SZSE:002517) from Wang Yue on October 19, 2022.
お知らせ • Sep 26Kingnet Network Co., Ltd. (SZSE:002517) announces an Equity Buyback for CNY 200 million worth of its shares.Kingnet Network Co., Ltd. (SZSE:002517) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 11.52 per share. The repurchase shares will be used for equity incentive plan and ESOP. The plan will be valid for 12 months.
Major Estimate Revision • Aug 25Consensus revenue estimates increase by 11%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from CN¥3.62b to CN¥4.03b. EPS estimate increased from CN¥0.36 to CN¥0.46 per share. Net income forecast to grow 20% next year vs 36% growth forecast for Entertainment industry in China. Consensus price target up from CN¥6.80 to CN¥9.36. Share price was steady at CN¥7.85 over the past week.
Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.06 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.06 in 2Q 2021). Revenue: CN¥980.6m (up 82% from 2Q 2021). Net income: CN¥379.0m (up 196% from 2Q 2021). Profit margin: 39% (up from 24% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 23% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.88, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Entertainment industry in China. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.06 per share.
Price Target Changed • Jul 08Price target increased to CN¥6.80Up from CN¥6.30, the current price target is an average from 2 analysts. New target price is 24% above last closing price of CN¥5.49. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.36 for next year compared to CN¥0.27 last year.
お知らせ • Jun 03Kingnet Network Co., Ltd., Annual General Meeting, Jun 22, 2022Kingnet Network Co., Ltd., Annual General Meeting, Jun 22, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual report and its summary; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider Purchase of wealth management products with idle proprietary funds; to consider Reappointment of 2022 audit firm; and to consider Shareholder return plan for the next three years from 2022 to 2024.
