View ValuationKingnet Network 향후 성장Future 기준 점검 2/6Kingnet Network (는) 각각 연간 15.1% 및 12.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 17% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 21.7% 로 예상됩니다.핵심 정보15.1%이익 성장률17.05%EPS 성장률Entertainment 이익 성장36.5%매출 성장률12.1%향후 자기자본이익률21.65%애널리스트 커버리지Good마지막 업데이트20 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • 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 China공시 • 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, 2026공시 • 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, 2026공시 • 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, 2025공시 • 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, 2025공시 • 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.공시 • 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 China공시 • 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, 2025공시 • 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.공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.이익 및 매출 성장 예측XSEC:002517 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20288,8783,361N/A3,207512/31/20278,2823,070N/A3,320612/31/20267,6162,701N/A2,50263/31/20266,1932,1662,1872,300N/A12/31/20255,3251,9042,1302,263N/A9/30/20255,2661,9321,7031,838N/A6/30/20255,1411,7691,3061,567N/A3/31/20255,1631,7201,5631,811N/A12/31/20245,1181,6281,4901,754N/A9/30/20245,1941,6591,3681,684N/A6/30/20244,8741,5471,8472,064N/A3/31/20244,6481,5981,4281,659N/A12/31/20234,2951,4621,5151,706N/A9/30/20233,9301,1931,3661,516N/A6/30/20233,6921,1221,0531,166N/A3/31/20233,6511,0671,3951,507N/A1/1/20233,7261,0251,3511,483N/A9/30/20223,5519891,3671,534N/A6/30/20223,3979281,0961,259N/A3/31/20222,956676626774N/A12/31/20212,375577347501N/A9/30/20212,07251527144N/A6/30/20211,719405-6331N/A3/31/20211,568297-5046N/A12/31/20201,54317837101N/A9/30/20201,654-1,801438458N/A6/30/20201,797-1,891500536N/A3/31/20201,789-1,953422469N/A12/31/20192,037-1,894N/A327N/A9/30/20192,053-247N/A238N/A6/30/20192,230-150N/A514N/A3/31/20192,32616N/A818N/A12/31/20182,284174N/A876N/A9/30/20182,7741,045N/A784N/A6/30/20182,9401,567N/A666N/A3/31/20183,1041,650N/A634N/A12/31/20173,1341,610N/A743N/A9/30/20172,8381,307N/A754N/A6/30/20172,730850N/A625N/A3/31/20172,756786N/A581N/A12/31/20162,720682N/A508N/A9/30/20162,562547N/A522N/A6/30/20162,460515N/A631N/A3/31/20162,412567N/A638N/A12/31/20152,339655N/A643N/A9/30/20152,236631N/A591N/A6/30/20151,736463N/A414N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 002517 의 연간 예상 수익 증가율(15.1%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 002517 의 연간 수익(15.1%)이 CN 시장(27%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 002517 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 002517 의 수익(연간 12.1%)이 CN 시장(연간 16%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 002517 의 수익(연간 12.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 002517의 자본 수익률은 3년 후 21.7%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 15:14종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Kingnet Network Co., Ltd.는 10명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Xueqing ZhangChina International Capital Corporation LimitedMinting YeCitic Securities Co., Ltd.Fuk Lung CheungCitigroup Inc7명의 분석가 더 보기
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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.
공시 • 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
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.