View Future GrowthKingnet Network 過去の業績過去 基準チェック /56Kingnet Networkは、平均年間28%の収益成長を遂げていますが、 Entertainment業界の収益は、年間 成長しています。収益は、平均年間4.5% 20.6%収益成長率で 成長しています。 Kingnet Networkの自己資本利益率は21.2%であり、純利益率は35%です。主要情報28.03%収益成長率27.36%EPS成長率Entertainment 業界の成長15.44%収益成長率20.56%株主資本利益率21.23%ネット・マージン34.97%前回の決算情報31 Mar 2026最近の業績更新お知らせ • 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すべての更新を表示Recent updates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.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, 2025Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.16 in 3Q 2023)Third 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 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 42% per year, which means it is tracking significantly ahead of earnings growth.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.Reported Earnings • Aug 25Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.21 in 2Q 2023)Second 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 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 • 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.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.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, 2024Valuation 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 (7.4% 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.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 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 81% 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 24Less 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 29Third 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.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.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 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥7.40, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Entertainment industry in China. Total returns to shareholders of 158% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.98 per share.Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.07 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.07 in 1Q 2021). Revenue: CN¥1.03b (up 130% from 1Q 2021). Net income: CN¥248.3m (up 67% from 1Q 2021). Profit margin: 24% (down from 33% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 13% compared to a 30% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Insufficient 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.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.16, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 24x in the Entertainment industry in China. Total returns to shareholders of 61% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.05 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥662.4m (up 114% from 3Q 2020). Net income: CN¥224.5m (up 96% from 3Q 2020). Profit margin: 34% (down from 37% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.016 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥539.7m (up 39% from 2Q 2020). Net income: CN¥128.1m (up CN¥107.6m from 2Q 2020). Profit margin: 24% (up from 5.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 16Full year 2020 earnings released: EPS CN¥0.08 (vs CN¥0.86 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.54b (down 24% from FY 2019). Net income: CN¥177.9m (up CN¥2.03b from FY 2019). Profit margin: 12% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Jan 11New 90-day low: CN¥3.85The company is down 29% from its price of CN¥5.41 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 16% over the same period.Is New 90 Day High Low • Dec 24New 90-day low: CN¥4.53The company is down 21% from its price of CN¥5.76 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 17% over the same period.Is New 90 Day High Low • Dec 01New 90-day low: CN¥4.87The company is down 16% from its price of CN¥5.80 on 02 September 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 21% over the same period.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥1.76b, with losses widening by CN¥1.49b from the prior year. Total revenue was CN¥1.65b over the last 12 months, down 19% from the prior year.収支内訳Kingnet Network の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史XSEC:002517 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 266,1932,1662,39258631 Dec 255,3251,9041,87758030 Sep 255,2661,9321,82862330 Jun 255,1411,7691,85158931 Mar 255,1631,7201,92757631 Dec 245,1181,6281,95858630 Sep 245,1941,6592,00658430 Jun 244,8741,5471,91553831 Mar 244,6481,5981,69753331 Dec 234,2951,4621,47451730 Sep 233,9301,1931,27554830 Jun 233,6921,1221,12252131 Mar 233,6511,06799651501 Jan 233,7261,02595650330 Sep 223,55198980939930 Jun 223,39792870037731 Mar 222,95667663633931 Dec 212,37557750433130 Sep 212,07251563927230 Jun 211,71940560526531 Mar 211,56829764831631 Dec 201,54317865630630 Sep 201,654-1,80157930930 Jun 201,797-1,89170735331 Mar 201,789-1,95379731931 Dec 192,037-1,89482535930 Sep 192,053-24795552630 Jun 192,230-15091651231 Mar 192,3261680450631 Dec 182,28417476947030 Sep 182,7741,04569532630 Jun 182,9401,56763236831 Mar 183,1041,65076029331 Dec 173,1341,61084322330 Sep 172,8381,30786914430 Jun 172,7308501,038031 Mar 172,7567861,053031 Dec 162,7206821,086030 Sep 162,5625471,068030 Jun 162,460515983031 Mar 162,412567877031 Dec 152,339655772030 Sep 152,236631906030 Jun 151,7364637410質の高い収益: 002517は 高品質の収益 を持っています。利益率の向上: 002517の現在の純利益率 (35%)は、昨年(33.3%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 002517の収益は過去 5 年間で年間28%増加しました。成長の加速: 002517の過去 1 年間の収益成長率 ( 25.9% ) は、5 年間の平均 ( 年間28%を下回っています。収益対業界: 002517の過去 1 年間の収益成長率 ( 25.9% ) はEntertainment業界14.8%を上回りました。株主資本利益率高いROE: 002517の 自己資本利益率 ( 21.2% ) は 高い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMedia 、過去の業績が好調な企業。View Financial Health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2026/05/22 19:43終値2026/05/22 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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.16 in 3Q 2023)Third 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 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 42% per year, which means it is tracking significantly ahead of earnings growth.
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.
Reported Earnings • Aug 25Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.21 in 2Q 2023)Second 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 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 • 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
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.
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.
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
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 (7.4% 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.
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 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 81% 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 24Less 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 29Third 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.
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.
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 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥7.40, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Entertainment industry in China. Total returns to shareholders of 158% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.98 per share.
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.07 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.07 in 1Q 2021). Revenue: CN¥1.03b (up 130% from 1Q 2021). Net income: CN¥248.3m (up 67% from 1Q 2021). Profit margin: 24% (down from 33% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 13% compared to a 30% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Insufficient 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.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.16, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 24x in the Entertainment industry in China. Total returns to shareholders of 61% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.05 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥662.4m (up 114% from 3Q 2020). Net income: CN¥224.5m (up 96% from 3Q 2020). Profit margin: 34% (down from 37% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.016 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥539.7m (up 39% from 2Q 2020). Net income: CN¥128.1m (up CN¥107.6m from 2Q 2020). Profit margin: 24% (up from 5.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 16Full year 2020 earnings released: EPS CN¥0.08 (vs CN¥0.86 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.54b (down 24% from FY 2019). Net income: CN¥177.9m (up CN¥2.03b from FY 2019). Profit margin: 12% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥3.85The company is down 29% from its price of CN¥5.41 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 16% over the same period.
Is New 90 Day High Low • Dec 24New 90-day low: CN¥4.53The company is down 21% from its price of CN¥5.76 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 17% over the same period.
Is New 90 Day High Low • Dec 01New 90-day low: CN¥4.87The company is down 16% from its price of CN¥5.80 on 02 September 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 21% over the same period.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥1.76b, with losses widening by CN¥1.49b from the prior year. Total revenue was CN¥1.65b over the last 12 months, down 19% from the prior year.