XD Inc.

SEHK:2400 Stock Report

Market Cap: HK$38.3b

XD Past Earnings Performance

Past criteria checks 6/6

XD has been growing earnings at an average annual rate of 47.2%, while the Entertainment industry saw earnings growing at 25% annually. Revenues have been growing at an average rate of 14.4% per year. XD's return on equity is 45.2%, and it has net margins of 23.2%.

Key information

47.23%

Earnings growth rate

45.77%

EPS growth rate

Entertainment Industry Growth3.14%
Revenue growth rate14.35%
Return on equity45.23%
Net Margin23.18%
Last Earnings Update30 Jun 2025

Recent past performance updates

Recent updates

What XD Inc.'s (HKG:2400) 26% Share Price Gain Is Not Telling You

Jan 12
What XD Inc.'s (HKG:2400) 26% Share Price Gain Is Not Telling You

Should You Investigate XD Inc. (HKG:2400) At HK$65.40?

Jan 03
Should You Investigate XD Inc. (HKG:2400) At HK$65.40?

XD Inc.'s (HKG:2400) Intrinsic Value Is Potentially 62% Above Its Share Price

Dec 20
XD Inc.'s (HKG:2400) Intrinsic Value Is Potentially 62% Above Its Share Price

There's Reason For Concern Over XD Inc.'s (HKG:2400) Price

Nov 20
There's Reason For Concern Over XD Inc.'s (HKG:2400) Price

XD (HKG:2400) Knows How To Allocate Capital Effectively

Nov 09
XD (HKG:2400) Knows How To Allocate Capital Effectively

Revenue Beat: XD Inc. Exceeded Revenue Forecasts By 20% And Analysts Are Updating Their Estimates

Oct 02
Revenue Beat: XD Inc. Exceeded Revenue Forecasts By 20% And Analysts Are Updating Their Estimates

Is Now The Time To Look At Buying XD Inc. (HKG:2400)?

Sep 28
Is Now The Time To Look At Buying XD Inc. (HKG:2400)?

Estimating The Intrinsic Value Of XD Inc. (HKG:2400)

Sep 15
Estimating The Intrinsic Value Of XD Inc. (HKG:2400)

Analyst Forecasts For XD Inc. (HKG:2400) Are Surging Higher

Sep 03
Analyst Forecasts For XD Inc. (HKG:2400) Are Surging Higher

XD Inc. Just Beat Revenue By 20%: Here's What Analysts Think Will Happen Next

Sep 02
XD Inc. Just Beat Revenue By 20%: Here's What Analysts Think Will Happen Next

What XD Inc.'s (HKG:2400) 51% Share Price Gain Is Not Telling You

Aug 11
What XD Inc.'s (HKG:2400) 51% Share Price Gain Is Not Telling You

Investors Shouldn't Overlook XD's (HKG:2400) Impressive Returns On Capital

Jul 30
Investors Shouldn't Overlook XD's (HKG:2400) Impressive Returns On Capital

Optimistic Investors Push XD Inc. (HKG:2400) Shares Up 28% But Growth Is Lacking

Jun 27
Optimistic Investors Push XD Inc. (HKG:2400) Shares Up 28% But Growth Is Lacking

At HK$46.10, Is It Time To Put XD Inc. (HKG:2400) On Your Watch List?

Jun 22
At HK$46.10, Is It Time To Put XD Inc. (HKG:2400) On Your Watch List?

Shareholders Will Probably Hold Off On Increasing XD Inc.'s (HKG:2400) CEO Compensation For The Time Being

May 22
Shareholders Will Probably Hold Off On Increasing XD Inc.'s (HKG:2400) CEO Compensation For The Time Being

XD Inc.'s (HKG:2400) Shares Climb 31% But Its Business Is Yet to Catch Up

May 07
XD Inc.'s (HKG:2400) Shares Climb 31% But Its Business Is Yet to Catch Up

Results: XD Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 31
Results: XD Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

At HK$36.40, Is XD Inc. (HKG:2400) Worth Looking At Closely?

Mar 05
At HK$36.40, Is XD Inc. (HKG:2400) Worth Looking At Closely?

XD Inc.'s (HKG:2400) P/S Is On The Mark

Feb 03
XD Inc.'s (HKG:2400) P/S Is On The Mark

Revenue & Expenses Breakdown

How XD makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:2400 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 255,8741,3611,7001,049
31 Mar 255,4431,0861,682984
31 Dec 245,0128121,664919
30 Sep 244,4344221,578913
30 Jun 243,857321,491907
31 Mar 243,623-261,291962
31 Dec 233,389-831,0901,016
30 Sep 233,490-801,0851,085
30 Jun 233,590-771,0811,155
31 Mar 233,510-3151,1191,220
31 Dec 223,431-5531,1571,284
30 Sep 223,175-7391,1121,303
30 Jun 222,919-9251,0671,323
31 Mar 222,811-8941,0411,282
31 Dec 212,703-8641,0151,242
30 Sep 212,744-6939621,129
30 Jun 212,786-5239091,015
31 Mar 212,817-257861836
31 Dec 202,8489814658
30 Sep 202,908163844532
30 Jun 202,969316874406
31 Mar 202,903332884362
31 Dec 192,838347894318
31 Dec 181,887285553198
31 Dec 171,344117328117
31 Dec 167662525379

Quality Earnings: 2400 has high quality earnings.

Growing Profit Margin: 2400's current net profit margins (23.2%) are higher than last year (0.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2400 has become profitable over the past 5 years, growing earnings by 47.2% per year.

Accelerating Growth: 2400's earnings growth over the past year (4171.5%) exceeds its 5-year average (47.2% per year).

Earnings vs Industry: 2400 earnings growth over the past year (4171.5%) exceeded the Entertainment industry 27.4%.


Return on Equity

High ROE: 2400's Return on Equity (45.2%) is considered outstanding.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/13 16:47
End of Day Share Price 2026/01/13 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

XD Inc. is covered by 25 analysts. 12 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
Yiwen ZhangChina Renaissance Securities