Kingnet Network Co., Ltd. engages in the development and operation of Web and mobile games. More Details
No risks detected for 2517 from our risk checks.
Flawless balance sheet with high growth potential.
Share Price & News
How has Kingnet Network's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 002517 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 002517's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 002517 underperformed the CN Entertainment industry which returned -39.3% over the past year.
Return vs Market: 002517 underperformed the CN Market which returned 3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Kingnet Network's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Kingnet Network undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 002517 (CN¥4.07) is trading above our estimate of fair value (CN¥0)
Significantly Below Fair Value: 002517 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 002517 is good value based on its PE Ratio (24.2x) compared to the CN Entertainment industry average (29.5x).
PE vs Market: 002517 is good value based on its PE Ratio (24.2x) compared to the CN market (32.2x).
Price to Earnings Growth Ratio
PEG Ratio: 002517 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 002517 is overvalued based on its PB Ratio (2.9x) compared to the CN Entertainment industry average (2.8x).
How is Kingnet Network forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002517's forecast earnings growth (29% per year) is above the savings rate (3.3%).
Earnings vs Market: 002517's earnings (29% per year) are forecast to grow faster than the CN market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002517's revenue (23% per year) is forecast to grow faster than the CN market (17.9% per year).
High Growth Revenue: 002517's revenue (23% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 002517's Return on Equity is forecast to be high in 3 years time
How has Kingnet Network performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002517 has high quality earnings.
Growing Profit Margin: 002517 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 002517's earnings have declined by 49.1% per year over the past 5 years.
Accelerating Growth: 002517 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002517 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (9.8%).
Return on Equity
High ROE: 002517's Return on Equity (12.7%) is considered low.
How is Kingnet Network's financial position?
Financial Position Analysis
Short Term Liabilities: 002517's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥524.2M).
Long Term Liabilities: 002517's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥53.6M).
Debt to Equity History and Analysis
Debt Level: 002517 is debt free.
Reducing Debt: 002517 had no debt 5 years ago.
Debt Coverage: 002517 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002517 has no debt, therefore coverage of interest payments is not a concern.
What is Kingnet Network current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 002517's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 002517's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 002517's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 002517's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 002517 is not paying a notable dividend for the CN market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 002517's dividend in 3 years as they are not forecast to pay a notable one for the CN market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yue Wang (38 yo)
Mr. Yue Wang founded Kingnet Network Co., Ltd. (formerly known as Shanghai Kingnet Technology Co., Ltd) and serves as its Chief Executive Officer.
Experienced Management: 002517's management team is seasoned and experienced (5.6 years average tenure).
Experienced Board: 002517's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kingnet Network Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Kingnet Network Co., Ltd.
- Ticker: 2517
- Exchange: SZSE
- Founded: 2008
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: CN¥8.753b
- Shares outstanding: 2.15b
- Website: https://www.kingnet.com
Number of Employees
- Kingnet Network Co., Ltd.
- Pujiang Technology Square
- Building 3
Kingnet Network Co., Ltd. engages in the development and operation of Web and mobile games. It operates various Internet platform products, such as XY games for Web games platforms; and XY Apple assistant,...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 16:01|
|End of Day Share Price||2021/08/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.