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Kingnet Network XSEC:002517 Stock Report

Last Price

CN¥13.57

Market Cap

CN¥28.9b

7D

0%

1Y

37.8%

Updated

23 Dec, 2024

Data

Company Financials +

Kingnet Network Co., Ltd.

XSEC:002517 Stock Report

Market Cap: CN¥28.9b

002517 Stock Overview

Engages in the development, operation, and distribution of web and mobile games. More details

002517 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends3/6

Rewards

Trading at 26.4% below our estimate of its fair value

Earnings are forecast to grow 18.43% per year

Earnings grew by 39.1% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 33.2%

Risk Analysis

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Kingnet Network Co., Ltd. Competitors

Giant Network Group

SZSE:002558

CN¥23.6b

Zhejiang Century Huatong GroupLtd

SZSE:002602

CN¥35.6b

37 Interactive Entertainment Network Technology Group

SZSE:002555

CN¥35.4b

Hangzhou Shunwang Technology CoLtd

SZSE:300113

CN¥11.2b

Price History & Performance

Summary of share price highs, lows and changes for Kingnet Network
Historical stock prices
Current Share PriceCN¥13.57
52 Week HighCN¥14.75
52 Week LowCN¥8.33
Beta0.93
1 Month Change3.35%
3 Month Change41.21%
1 Year Change37.77%
3 Year Change157.50%
5 Year Change421.92%
Change since IPO11.05%

Recent News & Updates

Recent updates

Shareholder Returns

002517CN EntertainmentCN Market
7D0%-4.0%-1.2%
1Y37.8%7.4%11.8%

Return vs Industry: 002517 exceeded the CN Entertainment industry which returned 7.4% over the past year.

Return vs Market: 002517 exceeded the CN Market which returned 11.8% over the past year.

Price Volatility

Is 002517's price volatile compared to industry and market?
002517 volatility
002517 Average Weekly Movement7.6%
Entertainment Industry Average Movement9.9%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002517 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002517's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20001,869Jun Shenwww.kingnet.com

Kingnet Network Co., Ltd. engages in the development, operation, and distribution of web and mobile games. The company offers web games under the Legend of Blue Moon and The World of Legend names; and mobile games under the Legend of Blue Moon, War of Angels, MU Miracle, Gundam Battle Showdown, Figure Story, MMORPG, ARPG, Hot Blood, Zero Arms, XuanZhong Story, and Yokai: Spirits Hunt 2 names. It also operates XY game and Kingnet chain platforms, as well as internet technology and animation products.

Kingnet Network Co., Ltd. Fundamentals Summary

How do Kingnet Network's earnings and revenue compare to its market cap?
002517 fundamental statistics
Market capCN¥28.86b
Earnings (TTM)CN¥1.66b
Revenue (TTM)CN¥5.19b

17.4x

P/E Ratio

5.6x

P/S Ratio

Is 002517 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002517 income statement (TTM)
RevenueCN¥5.19b
Cost of RevenueCN¥921.24m
Gross ProfitCN¥4.27b
Other ExpensesCN¥2.61b
EarningsCN¥1.66b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.78
Gross Margin82.26%
Net Profit Margin31.95%
Debt/Equity Ratio0%

How did 002517 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

25%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 00:50
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kingnet Network Co., Ltd. is covered by 13 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chen HeChasing Securities
Xueqing ZhangChina International Capital Corporation Limited
Guanran WangCitic Securities Co., Ltd.