XD (SEHK:2400) - Stock Price, News & Analysis

2400 Stock Overview

XD Inc., an investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally.

About the company

2400 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 68.7% below our estimate of its fair value

Earnings are forecast to grow 62.89% per year

Risk Analysis

Volatile share price over the past 3 months

XD Inc. Competitors

NetDragon Websoft Holdings

SEHK:777

HK$5.7b

7Road Holdings

SEHK:797

HK$6.3b

SEHK:9890

HK$10.3b

IGG

SEHK:799

HK$3.6b

Price History & Performance

Summary of all time highs, changes and price drops for XD
Historical stock prices
Current Share Price	HK$15.40
52 Week High	HK$25.60
52 Week Low	HK$7.47
Beta	0.95
1 Month Change	-1.16%
3 Month Change	90.59%
1 Year Change	-37.65%
3 Year Change	-77.13%
5 Year Change	n/a
Change since IPO	29.85%

Recent updates

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

Mar 31

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

Mar 29

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

Feb 22

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

Dec 23

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

Dec 04

Is XD (HKG:2400) A Risky Investment?

Sep 01

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

May 12

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

Apr 02

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

Sep 28

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

Jun 21

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

Mar 07

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

Dec 01

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

Sep 02

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

Mar 28

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

Mar 11

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

Feb 18

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

Jan 31

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

Jan 12

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

Dec 25

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

Dec 07

Shareholder Returns

	2400	HK Entertainment	HK Market
7D	11.3%	1.4%	3.5%
1Y	-37.7%	-31.9%	-9.9%

Return vs Industry: 2400 underperformed the Hong Kong Entertainment industry which returned -31.9% over the past year.

Return vs Market: 2400 underperformed the Hong Kong Market which returned -9.9% over the past year.

Price Volatility

Is 2400's price volatile compared to industry and market?
2400 volatility
2400 Average Weekly Movement	12.1%
Entertainment Industry Average Movement	10.0%
Market Average Movement	7.4%
10% most volatile stocks in HK Market	14.7%
10% least volatile stocks in HK Market	3.6%

Stable Share Price: 2400's share price has been volatile over the past 3 months.

Volatility Over Time: 2400's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

Founded	Employees	CEO	Website
2011	1,452	Yimeng Huang	www.xd.com

XD Inc., an investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally. The company also operates TapTap, a platform for gamers and game developers, 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 cap	HK$7.01b
Earnings (TTM)	-HK$89.72m
Revenue (TTM)	HK$3.66b

2.0x

P/S Ratio

-81.0x

P/E 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)
Revenue	CN¥3.39b
Cost of Revenue	CN¥1.32b
Gross Profit	CN¥2.07b
Other Expenses	CN¥2.15b
Earnings	-CN¥83.04m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.18
Gross Margin	61.03%
Net Profit Margin	-2.45%
Debt/Equity Ratio	83.1%

How did 2400 perform over the long term?

See historical performance and comparison

2400 Stock Overview

Rewards

Risk Analysis

XD Inc. Competitors

SEHK:777

HK$5.7b

SEHK:797

HK$6.3b

SEHK:9890

HK$10.3b

SEHK:799

HK$3.6b

Price History & Performance

Recent News & Updates

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

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

Full year 2023 earnings: EPS and revenues miss analyst expectations

XD Inc. to Report Fiscal Year 2023 Results on Mar 28, 2024

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

New minor risk - Share price stability

Recent updates

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

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

Full year 2023 earnings: EPS and revenues miss analyst expectations

XD Inc. to Report Fiscal Year 2023 Results on Mar 28, 2024

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

New minor risk - Share price stability

Founder recently bought HK$2.3m worth of stock

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

XD Inc. Announces Board Changes

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

Is XD (HKG:2400) A Risky Investment?

First half 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.82 loss in 1H 2022)

XD Inc. to Report First Half, 2023 Results on Aug 31, 2023

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

Now 20% undervalued after recent price drop

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

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

First half 2022 earnings: EPS and revenues exceed analyst expectations

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

First half 2022 earnings released: CN¥0.82 loss per share (vs CN¥0.71 loss in 1H 2021)

XD Inc. Announces Executive Changes

XD Inc. to Report First Half, 2022 Results on Aug 31, 2022

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

XD Inc., Annual General Meeting, Jun 23, 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Consensus EPS estimates fall by 11%

Full year 2021 earnings: EPS and revenues exceed analyst expectations

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

XD Inc. Provides Consolidated Earnings Guidance for the Year Ended December 31, 2021

Founder recently bought HK$4.0m worth of stock

Founder recently bought HK$3.7m worth of stock

Founder recently bought HK$4.3m worth of stock

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

Founder recently bought HK$4.4m worth of stock

Founder recently bought HK$4.0m worth of stock

First half 2021 earnings released: CN¥0.71 loss per share (vs CN¥0.49 profit in 1H 2020)

Founder recently bought HK$5.7m worth of stock

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

First half 2021 earnings released: CN¥0.71 loss per share (vs CN¥0.49 profit in 1H 2020)

XD Inc. Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021

Consensus EPS estimates fall to CN¥0.063

Non-Executive Director Weiliang Tong has left the company

Executive Director Sheng Shen has left the company

Founder recently bought HK$48m worth of stock

Consensus forecasts updated

XD Inc. (SEHK:2400) entered into the Equity Transfer Agreement to acquire an additional 6.8% stake in Yiwan (Shanghai) Network Science and Technology Co., Ltd from Shanghai Xinhe Business Consultation Partnership (Limited Partnership) for approximately CNY 170 million.

Full year 2020 earnings released: EPS CN¥0.021 (vs CN¥0.98 in FY 2019)

Founder recently bought HK$127k worth of stock

Consensus forecasts updated

Founder recently bought HK$119m worth of stock

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

Full year 2020 earnings released

XD Inc. to Report Fiscal Year 2020 Results on Mar 25, 2021

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

Investor sentiment deteriorated over the past week

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

New 90-day high: HK$92.05