SEHK:6633Entertainment
Qingci Games (SEHK:6633) Stock Screens Cheap After One Off Profit Surge
Qingci Games entered this earnings release with the stock up strongly over the past three months, yet still priced on a P/E of 5.1x, far below peers. The market has been treating it as a cheap, possibly one-off story. The headline from this half is clear: net income excluding extra items came in at CN¥315.284m and basic EPS at CN¥0.46, both set against a trailing twelve-month picture that was heavily influenced by a CN¥443.8m non-recurring gain.
Is Qingci Games a rare value opportunity at a...