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XD SEHK:2400 Stock Report

Last Price

HK$26.25

Market Cap

HK$12.7b

7D

9.8%

1Y

192.0%

Updated

21 Dec, 2024

Data

Company Financials +

XD Inc.

SEHK:2400 Stock Report

Market Cap: HK$12.7b

2400 Stock Overview

An investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally. More details

2400 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance3/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 39.8% below our estimate of its fair value

Earnings are forecast to grow 51.87% per year

Became profitable this year

Risk Analysis

Shareholders have been diluted in the past year


My Notes

Capture your thoughts, links and company narrative

XD Inc. Competitors

NetDragon Websoft Holdings

SEHK:777

HK$5.3b

ZX

SEHK:9890

HK$3.9b

7Road Holdings

SEHK:797

HK$3.2b

Boyaa Interactive International

SEHK:434

HK$3.4b

Price History & Performance

Summary of share price highs, lows and changes for XD
Historical stock prices
Current Share PriceHK$26.25
52 Week HighHK$28.05
52 Week LowHK$7.47
Beta1.06
1 Month Change15.13%
3 Month Change28.36%
1 Year Change191.99%
3 Year Change-32.95%
5 Year Change82.29%
Change since IPO121.33%

Recent News & Updates

Is XD Inc. (HKG:2400) Trading At A 41% Discount?

Dec 06
Is XD Inc. (HKG:2400) Trading At A 41% Discount?

XD Inc.'s (HKG:2400) Shares Climb 29% But Its Business Is Yet to Catch Up

Sep 30
XD Inc.'s (HKG:2400) Shares Climb 29% But Its Business Is Yet to Catch Up

HK$24.22 - That's What Analysts Think XD Inc. (HKG:2400) Is Worth After These Results

Sep 03
HK$24.22 - That's What Analysts Think XD Inc. (HKG:2400) Is Worth After These Results

Recent updates

Is XD Inc. (HKG:2400) Trading At A 41% Discount?

Dec 06
Is XD Inc. (HKG:2400) Trading At A 41% Discount?

XD Inc.'s (HKG:2400) Shares Climb 29% But Its Business Is Yet to Catch Up

Sep 30
XD Inc.'s (HKG:2400) Shares Climb 29% But Its Business Is Yet to Catch Up

HK$24.22 - That's What Analysts Think XD Inc. (HKG:2400) Is Worth After These Results

Sep 03
HK$24.22 - That's What Analysts Think XD Inc. (HKG:2400) Is Worth After These Results

XD Inc.'s (HKG:2400) 32% Price Boost Is Out Of Tune With Revenues

Aug 06
XD Inc.'s (HKG:2400) 32% Price Boost Is Out Of Tune With Revenues

Increases to XD Inc.'s (HKG:2400) CEO Compensation Might Cool off for now

Jun 18
Increases to XD Inc.'s (HKG:2400) CEO Compensation Might Cool off for now

XD Inc.'s (HKG:2400) 26% Price Boost Is Out Of Tune With Revenues

Jun 05
XD Inc.'s (HKG:2400) 26% Price Boost Is Out Of Tune With Revenues

XD (HKG:2400) Will Want To Turn Around Its Return Trends

May 21
XD (HKG:2400) Will Want To Turn Around Its Return Trends

XD Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Mar 31
XD Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Does XD (HKG:2400) Have A Healthy Balance Sheet?

Mar 29
Does XD (HKG:2400) Have A Healthy Balance Sheet?

Revenues Not Telling The Story For XD Inc. (HKG:2400) After Shares Rise 80%

Feb 22
Revenues Not Telling The Story For XD Inc. (HKG:2400) After Shares Rise 80%

XD Inc. (HKG:2400) Not Doing Enough For Some Investors As Its Shares Slump 36%

Dec 23
XD Inc. (HKG:2400) Not Doing Enough For Some Investors As Its Shares Slump 36%

Is XD (HKG:2400) Using Debt In A Risky Way?

Dec 04
Is XD (HKG:2400) Using Debt In A Risky Way?

Is XD (HKG:2400) A Risky Investment?

Sep 01
Is XD (HKG:2400) A Risky Investment?

Should You Investigate XD Inc. (HKG:2400) At HK$23.30?

May 12
Should You Investigate XD Inc. (HKG:2400) At HK$23.30?

The XD Inc. (HKG:2400) Yearly Results Are Out And Analysts Have Published New Forecasts

Apr 02
The XD Inc. (HKG:2400) Yearly Results Are Out And Analysts Have Published New Forecasts

XD (HKG:2400) Has Debt But No Earnings; Should You Worry?

Sep 28
XD (HKG:2400) Has Debt But No Earnings; Should You Worry?

XD Inc. (HKG:2400) Shares Could Be 46% Below Their Intrinsic Value Estimate

Jun 21
XD Inc. (HKG:2400) Shares Could Be 46% Below Their Intrinsic Value Estimate

XD Inc.'s (HKG:2400) Intrinsic Value Is Potentially 22% Below Its Share Price

Mar 07
XD Inc.'s (HKG:2400) Intrinsic Value Is Potentially 22% Below Its Share Price

XD (HKG:2400) Has Debt But No Earnings; Should You Worry?

Dec 01
XD (HKG:2400) Has Debt But No Earnings; Should You Worry?

Is XD (HKG:2400) Using Debt In A Risky Way?

Sep 02
Is XD (HKG:2400) Using Debt In A Risky Way?

XD Inc. (HKG:2400) Analysts Just Cut Their EPS Forecasts Substantially

Mar 28
XD Inc. (HKG:2400) Analysts Just Cut Their EPS Forecasts Substantially

Can You Imagine How Jubilant XD's (HKG:2400) Shareholders Feel About Its 115% Share Price Gain?

Mar 11
Can You Imagine How Jubilant XD's (HKG:2400) Shareholders Feel About Its 115% Share Price Gain?

XD Inc.'s (HKG:2400) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Feb 18
XD Inc.'s (HKG:2400) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Could The XD Inc. (HKG:2400) Ownership Structure Tell Us Something Useful?

Jan 31
Could The XD Inc. (HKG:2400) Ownership Structure Tell Us Something Useful?

Have Insiders Been Buying XD Inc. (HKG:2400) Shares?

Jan 12
Have Insiders Been Buying XD Inc. (HKG:2400) Shares?

We Like These Underlying Trends At XD (HKG:2400)

Dec 25
We Like These Underlying Trends At XD (HKG:2400)

Here's Why XD's (HKG:2400) Statutory Earnings Are Arguably Too Conservative

Dec 07
Here's Why XD's (HKG:2400) Statutory Earnings Are Arguably Too Conservative

Shareholder Returns

2400HK EntertainmentHK Market
7D9.8%-2.3%-0.5%
1Y192.0%13.2%19.9%

Return vs Industry: 2400 exceeded the Hong Kong Entertainment industry which returned 13.2% over the past year.

Return vs Market: 2400 exceeded the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 2400's price volatile compared to industry and market?
2400 volatility
2400 Average Weekly Movement10.0%
Entertainment Industry Average Movement10.4%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 2400 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2400's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20111,408Yimeng Huang2400.hk

XD Inc., an investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally. The company operates TapTap, a game community and platform, as well as provides information services. Its game portfolio comprises online games and premium games.

XD Inc. Fundamentals Summary

How do XD's earnings and revenue compare to its market cap?
2400 fundamental statistics
Market capHK$12.66b
Earnings (TTM)HK$33.96m
Revenue (TTM)HK$4.11b

372.7x

P/E Ratio

3.1x

P/S Ratio

Is 2400 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2400 income statement (TTM)
RevenueCN¥3.86b
Cost of RevenueCN¥1.33b
Gross ProfitCN¥2.53b
Other ExpensesCN¥2.50b
EarningsCN¥31.87m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.066
Gross Margin65.55%
Net Profit Margin0.83%
Debt/Equity Ratio6.8%

How did 2400 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:38
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
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

XD Inc. is covered by 23 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lei ZhangBofA Global Research
Xueqing ZhangChina International Capital Corporation Limited
Tommy WongChina Merchants Securities (HK) Co., Ltd