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

2400 Stock Overview

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	3/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 36.7% below our estimate of its fair value

Earnings are forecast to grow 50.43% per year

Became profitable this year

Risk Analysis

No risks detected for 2400 from our risk checks.

XD Inc. Competitors

NetDragon Websoft Holdings

SEHK:777

HK$5.4b

7Road Holdings

SEHK:797

HK$4.0b

Kingsoft

SEHK:3888

HK$27.6b

SEHK:9890

HK$3.6b

Price History & Performance

Summary of all time highs, changes and price drops for XD
Historical stock prices
Current Share Price	HK$19.70
52 Week High	HK$23.80
52 Week Low	HK$7.47
Beta	1.01
11 Month Change	-12.64%
3 Month Change	-3.90%
1 Year Change	13.48%
33 Year Change	-60.04%
5 Year Change	n/a
Change since IPO	66.10%

Recent updates

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

Aug 06

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

Jun 18

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

Jun 05

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

May 21

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	-2.7%	-2.7%	-1.0%
1Y	13.5%	-23.6%	-0.6%

Return vs Industry: 2400 exceeded the Hong Kong Entertainment industry which returned -22.7% over the past year.

Return vs Market: 2400 exceeded the Hong Kong Market which returned 2.7% over the past year.

Price Volatility

Is 2400's price volatile compared to industry and market?
2400 volatility
2400 Average Weekly Movement	8.5%
Entertainment Industry Average Movement	7.7%
Market Average Movement	6.3%
10% most volatile stocks in HK Market	13.1%
10% least volatile stocks in HK Market	3.3%

Stable Share Price: 2400 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2400's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2011	1,452	Yimeng Huang	2400.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 cap	HK$9.30b
Earnings (TTM)	HK$34.93m
Revenue (TTM)	HK$4.23b

266.3x

P/E Ratio

2.2x

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)
Revenue	CN¥3.86b
Cost of Revenue	CN¥1.33b
Gross Profit	CN¥2.53b
Other Expenses	CN¥2.50b
Earnings	CN¥31.87m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.067
Gross Margin	65.55%
Net Profit Margin	0.83%
Debt/Equity Ratio	6.8%

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$5.4b

SEHK:797

HK$4.0b

SEHK:3888

HK$27.6b

SEHK:9890

HK$3.6b

Price History & Performance

Recent News & Updates

First half 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.19 in 1H 2023)

XD Inc. to Report First Half, 2024 Results on Aug 30, 2024

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

XD Inc. Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2024

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

Recent updates

First half 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.19 in 1H 2023)

XD Inc. to Report First Half, 2024 Results on Aug 30, 2024

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

XD Inc. Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2024

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

XD Inc., Annual General Meeting, Jun 25, 2024

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

Full year 2023 earnings: EPS and revenues miss analyst expectations

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