Kingnet Network Future Growth

Future criteria checks 3/6

Kingnet Network is forecast to grow earnings and revenue by 18.2% and 15.1% per annum respectively. EPS is expected to grow by 17.9% per annum. Return on equity is forecast to be 25.1% in 3 years.

Key information

18.2%

Earnings growth rate

17.9%

EPS growth rate

Entertainment earnings growth	31.0%
Revenue growth rate	15.1%
Future return on equity	25.1%
Analyst coverage	Good
Last updated	11 Oct 2024

Recent future growth updates

Kingnet Network Co., Ltd. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

May 02

Recent updates

Kingnet Network Co., Ltd.'s (SZSE:002517) Prospects Need A Boost To Lift Shares

Sep 25

Under The Bonnet, Kingnet Network's (SZSE:002517) Returns Look Impressive

Sep 09

We Think Kingnet Network's (SZSE:002517) Profit Is Only A Baseline For What They Can Achieve

Aug 23

Is There An Opportunity With Kingnet Network Co., Ltd.'s (SZSE:002517) 48% Undervaluation?

Jul 12

With EPS Growth And More, Kingnet Network (SZSE:002517) Makes An Interesting Case

Jun 14

Kingnet Network Co., Ltd.'s (SZSE:002517) Business And Shares Still Trailing The Market

May 21

Kingnet Network Co., Ltd. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

May 02

Are Investors Undervaluing Kingnet Network Co., Ltd. (SZSE:002517) By 33%?

Apr 07

Is Now The Time To Put Kingnet Network (SZSE:002517) On Your Watchlist?

Mar 15

Earnings and Revenue Growth Forecasts

SZSE:002517 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	7,096	2,440	2,037	2,370	6
12/31/2025	6,323	2,090	1,834	2,062	8
12/31/2024	5,392	1,742	1,649	1,622	7
6/30/2024	4,874	1,547	1,847	2,064	N/A
3/31/2024	4,648	1,598	1,428	1,659	N/A
12/31/2023	4,295	1,462	1,515	1,706	N/A
9/30/2023	3,930	1,193	1,366	1,516	N/A
6/30/2023	3,692	1,122	1,053	1,166	N/A
3/31/2023	3,651	1,067	1,395	1,507	N/A
1/1/2023	3,726	1,025	1,351	1,483	N/A
9/30/2022	3,551	989	1,367	1,534	N/A
6/30/2022	3,397	928	1,096	1,259	N/A
3/31/2022	2,956	676	626	774	N/A
12/31/2021	2,375	577	347	501	N/A
9/30/2021	2,072	515	27	144	N/A
6/30/2021	1,719	405	-63	31	N/A
3/31/2021	1,568	297	-50	46	N/A
12/31/2020	1,543	178	37	101	N/A
9/30/2020	1,654	-1,801	438	458	N/A
6/30/2020	1,797	-1,891	500	536	N/A
3/31/2020	1,789	-1,953	422	469	N/A
12/31/2019	2,037	-1,894	268	327	N/A
9/30/2019	2,053	-247	280	238	N/A
6/30/2019	2,230	-150	589	514	N/A
3/31/2019	2,326	16	801	818	N/A
12/31/2018	2,284	174	831	876	N/A
9/30/2018	2,774	1,045	508	784	N/A
6/30/2018	2,940	1,567	353	666	N/A
3/31/2018	3,104	1,650	N/A	634	N/A
12/31/2017	3,134	1,610	N/A	743	N/A
9/30/2017	2,838	1,307	N/A	754	N/A
6/30/2017	2,730	850	N/A	625	N/A
3/31/2017	2,756	786	N/A	581	N/A
12/31/2016	2,720	682	N/A	508	N/A
9/30/2016	2,562	547	N/A	522	N/A
6/30/2016	2,460	515	N/A	631	N/A
3/31/2016	2,412	567	N/A	638	N/A
12/31/2015	2,339	655	N/A	643	N/A
9/30/2015	2,236	631	N/A	591	N/A
6/30/2015	1,736	463	N/A	414	N/A
3/31/2015	1,205	263	N/A	171	N/A
12/31/2014	728	63	N/A	82	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002517's forecast earnings growth (18.2% per year) is above the savings rate (2.9%).

Earnings vs Market: 002517's earnings (18.2% per year) are forecast to grow slower than the CN market (23.5% per year).

High Growth Earnings: 002517's earnings are forecast to grow, but not significantly.

Revenue vs Market: 002517's revenue (15.1% per year) is forecast to grow faster than the CN market (13.3% per year).

High Growth Revenue: 002517's revenue (15.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 002517's Return on Equity is forecast to be high in 3 years time (25.1%)

Kingnet Network Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 12% to CN¥12.69

Price target decreased by 11% to CN¥14.45

Kingnet Network Co., Ltd. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

Price target decreased by 8.8% to CN¥18.18

Consensus revenue estimates increase by 11%

Price target increased to CN¥6.80

Recent updates

Kingnet Network Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024

Investor sentiment improves as stock rises 17%

Kingnet Network Co., Ltd.'s (SZSE:002517) Prospects Need A Boost To Lift Shares

Under The Bonnet, Kingnet Network's (SZSE:002517) Returns Look Impressive

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Kingnet Network Co., Ltd. Proposes Interim Cash Dividend for the First Half of 2024

We Think Kingnet Network's (SZSE:002517) Profit Is Only A Baseline For What They Can Achieve

Price target decreased by 12% to CN¥12.69

Price target decreased by 11% to CN¥14.45

Is There An Opportunity With Kingnet Network Co., Ltd.'s (SZSE:002517) 48% Undervaluation?

Kingnet Network Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024

With EPS Growth And More, Kingnet Network (SZSE:002517) Makes An Interesting Case

Kingnet Network Co., Ltd. Announces Cash Dividend for A Shares, Payable June 5, 2024

Kingnet Network Co., Ltd. Approves Cash Dividend for the Year 2023

Kingnet Network Co., Ltd.'s (SZSE:002517) Business And Shares Still Trailing The Market

Kingnet Network Co., Ltd. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

Kingnet Network Co., Ltd. Announces the Profit Distribution Proposal for 2023

Kingnet Network Co., Ltd., Annual General Meeting, May 22, 2024

Full year 2023 earnings released: EPS: CN¥0.70 (vs CN¥0.49 in FY 2022)

Are Investors Undervaluing Kingnet Network Co., Ltd. (SZSE:002517) By 33%?

Kingnet Network Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Is Now The Time To Put Kingnet Network (SZSE:002517) On Your Watchlist?

Investor sentiment deteriorates as stock falls 16%

New major risk - Share price stability

Kingnet Network Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024

Kingnet Network's Chairman Plans to Raise Company Holdings

Kingnet Network's Chairman Plans to Raise Company Holdings

Investor sentiment deteriorates as stock falls 18%

Now 22% undervalued

Investor sentiment improves as stock rises 15%

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 3Q 2022)

Price target decreased by 8.8% to CN¥18.18

Investor sentiment deteriorates as stock falls 15%

Kingnet Network Co., Ltd. Implements 2023 Interim Dividend of A Shares, Payable on 28 September 2023

Kingnet Network Co., Ltd. Approves Interim Cash Dividend for the Year 2023

Kingnet Network Co., Ltd. (SZSE:002517) announces an Equity Buyback for CNY 200 million worth of its shares.

Kingnet Network Co., Ltd. Proposes Dividend the First Half of 2023

Kingnet Network Co., Ltd. Proposes Dividend the First Half of 2023

Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.18 in 2Q 2022)

High number of new directors

Kingnet Network Co., Ltd. Approves Board Elections

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 17%

First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.12 in 1Q 2022)

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 15%

Investor sentiment improved over the past week

Less than half of directors are independent

Insufficient new directors

Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.11 in 3Q 2021)

An unknown buyer acquired a 5.23% stake through judicial auction in Kingnet Network Co., Ltd. (SZSE:002517) from Wang Yue.

Kingnet Network Co., Ltd. (SZSE:002517) announces an Equity Buyback for CNY 200 million worth of its shares.

Consensus revenue estimates increase by 11%

Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.06 in 2Q 2021)

Investor sentiment improved over the past week

Price target increased to CN¥6.80

Kingnet Network Co., Ltd., Annual General Meeting, Jun 22, 2022

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insufficient new directors

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.016 in 2Q 2020)

Full year 2020 earnings released: EPS CN¥0.08 (vs CN¥0.86 loss in FY 2019)

Kingnet Network Co., Ltd.(XSEC:002517) dropped from FTSE All-World Index (USD)

New 90-day low: CN¥3.85

New 90-day low: CN¥4.53