NasdaqGS:XNET

Stock Analysis Report

Executive Summary

Xunlei Limited, a cloud-based acceleration technology company, operates an Internet platform for digital media content in the People's Republic of China.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Xunlei's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-5.4%

XNET

-4.3%

US Software

-2.6%

US Market


1 Year Return

-24.0%

XNET

7.1%

US Software

-13.3%

US Market

Return vs Industry: XNET underperformed the US Software industry which returned 6.9% over the past year.

Return vs Market: XNET underperformed the US Market which returned -14.9% over the past year.


Shareholder returns

XNETIndustryMarket
7 Day-5.4%-4.3%-2.6%
30 Day-15.6%-10.0%-15.2%
90 Day-35.4%-9.1%-22.2%
1 Year-24.0%-24.0%8.2%7.1%-11.5%-13.3%
3 Year-14.4%-14.4%101.5%93.0%13.2%5.7%
5 Year-55.3%-55.3%165.9%147.2%31.8%17.2%

Price Volatility Vs. Market

How volatile is Xunlei's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Xunlei undervalued compared to its fair value and its price relative to the market?

0.72x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate XNET's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate XNET's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: XNET is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: XNET is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate XNET's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: XNET is good value based on its PB Ratio (0.7x) compared to the US Software industry average (4.2x).


Next Steps

Future Growth

How is Xunlei forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.3%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Xunlei has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Xunlei performed over the past 5 years?

-10.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XNET is currently unprofitable.

Growing Profit Margin: XNET is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XNET is unprofitable, and losses have increased over the past 5 years at a rate of -10.2% per year.

Accelerating Growth: Unable to compare XNET's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: XNET is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.7%).


Return on Equity

High ROE: XNET has a negative Return on Equity (-18.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Xunlei's financial position?


Financial Position Analysis

Short Term Liabilities: XNET's short term assets ($316.6M) exceed its short term liabilities ($111.3M).

Long Term Liabilities: XNET's short term assets ($316.6M) exceed its long term liabilities ($17.9M).


Debt to Equity History and Analysis

Debt Level: XNET's debt to equity ratio (3.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if XNET's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if XNET has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if XNET has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Xunlei's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate XNET's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate XNET's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if XNET's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if XNET's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of XNET's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average board tenure


CEO

Jinbo Li

no data

Tenure

Mr. Jinbo Li serves as the Chairman & Chief Executive Officer of Xunlei Limited since April 2, 2020. years' experience in China's internet and technology industry. Mr. Li was part of Xunlei’s founding team ...


Board Members

NamePositionTenureCompensationOwnership
Jinbo Li
Chairman & CEOno datano datano data
Hao Cheng
Co-Founder & Director15.17yrsno datano data
Sean Zou
Co-Founder & Director15.17yrsno data7.15% $15.2m
Ya Li
Independent Director3.08yrsno datano data
Wenjie Wu
Independent Director5.83yrsno datano data
Lei Chen
Director2.75yrsno datano data
Weimin Luo
Directorno datano datano data
Hui Duan
Directorno datano datano data
Peng Shi
Directorno datano datano data

5.8yrs

Average Tenure

46yo

Average Age

Experienced Board: XNET's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Xunlei Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Xunlei Limited
  • Ticker: XNET
  • Exchange: NasdaqGS
  • Founded: 2003
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$212.996m
  • Shares outstanding: 67.83m
  • Website: https://www.xunlei.com

Number of Employees


Location

  • Xunlei Limited
  • No.18 Shenzhen Bay ECO-Technology Park,Building No. 12
  • 20-23/F, Block B
  • Shenzhen
  • Guangdong Province
  • 518057
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XNETNasdaqGS (Nasdaq Global Select)YesSPONS ADS EA REP 3 COM 'CL A'USUSDJun 2014
4XNDB (Deutsche Boerse AG)YesSPONS ADS EA REP 3 COM 'CL A'DEEURJun 2014

Biography

Xunlei Limited, a cloud-based acceleration technology company, operates an Internet platform for digital media content in the People's Republic of China. The company’s platform is based on cloud computing that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, and consume digital media content on their mobile devices; Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator; online games online game Website and purchase licenses; live video and online advertising services; and other Internet value-added services. As of December 2018, its platform had approximately 128.4 million monthly unique visitors. Xunlei Limited has a collaboration agreement with Tower Corporation Limited to jointly develop an edge computing project. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is based in Shenzhen, the People's Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 15:55
End of Day Share Price2020/04/06 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.