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

Fundamentals

Excellent balance sheet and overvalued.

Risks

  • Xunlei has significant price volatility in the past 3 months.
  • Xunlei is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

23.5%

NasdaqGS:XNET

-2.6%

US Software

-0.7%

US Market


1 Year Return

-71.0%

NasdaqGS:XNET

18.3%

US Software

-0.5%

US Market

XNET underperformed the Software industry which returned 18.5% over the past year.

XNET underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

XNETIndustryMarket
7 Day23.5%-2.6%-0.7%
30 Day14.0%-3.6%-3.0%
90 Day-11.9%2.0%0.9%
1 Year-71.0%-71.0%20.0%18.3%1.7%-0.5%
3 Year-52.2%-52.2%115.5%107.0%39.5%30.4%
5 Year-77.9%-77.9%161.0%142.1%54.1%37.0%

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 based on future cash flows and its price relative to the stock market?

0.5x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Xunlei to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Xunlei to establish if it is available at substantial discount.


Price Based on Earnings

Xunlei is loss making, we can't compare its value to the US Software industry average.

Xunlei is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Xunlei, we can't assess if its growth is good value.


Price Based on Value of Assets

Xunlei is good value based on assets compared to the US Software industry average.


Next Steps

Future Growth

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

15.6%

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?

14.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Xunlei does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Xunlei's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Xunlei's 1-year growth to the US Software industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Xunlei has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Xunlei has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Xunlei improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Xunlei's financial position?


Financial Position Analysis

Xunlei is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Xunlei's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Xunlei's level of debt (3%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Xunlei's debt level has increased without past 5-year debt data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 33.5x debt.


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.

Xunlei has sufficient cash runway for more than 3 years based on current free cash flow.

Xunlei has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 98.3% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Xunlei's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Xunlei's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Xunlei has not reported any payouts.

Unable to verify if Xunlei's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Xunlei has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Xunlei's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average management tenure


CEO

Lei Chen (46yo)

2.1yrs

Tenure

0

Mr. Lei Chen has been the Chief Executive Officer and Director of Xunlei Limited since July 6, 2017 and previously served as its Co-Chief Executive Officer from November 17, 2015 to July 6, 2017. Mr. Chen  ...


Management Age and Tenure

1.9yrs

Average Tenure

46.5yo

Average Age

The average tenure for the Xunlei management team is less than 2 years, this suggests a new team.


Board Age and Tenure

5.2yrs

Average Tenure

46yo

Average Age

The tenure for the Xunlei board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Eric Naijiang (56yo)

    Chief Financial Officer

    • Tenure: 1.9yrs
  • Steve Cheng (44yo)

    Co-Founder & Director

    • Tenure: 14.5yrs
  • Sean Zou (47yo)

    Co-Founder & Director

    • Tenure: 14.5yrs
  • Jiang Wu (41yo)

    Chief Procurement Officer

    • Tenure: 0.0yrs
  • Peng Huang (52yo)

    Strategy Consultant

    • Tenure: 1.3yrs
  • Lei Chen (46yo)

    CEO & Director

    • Tenure: 2.1yrs
  • Charlene Lu

    Investor Relations Manager

    • Tenure: 0.0yrs

Board Members

  • Ya Li (49yo)

    Independent Director

    • Tenure: 2.4yrs
  • Tao Zou (44yo)

    Director

    • Tenure: 2.7yrs
  • Richard Liu (48yo)

    Director

    • Tenure: 13.9yrs
  • Steve Cheng (44yo)

    Co-Founder & Director

    • Tenure: 14.5yrs
  • Sean Zou (47yo)

    Co-Founder & Director

    • Tenure: 14.5yrs
  • Jenny Wu (44yo)

    Independent Director

    • Tenure: 5.2yrs
  • Feng Hong (42yo)

    Director

    • Tenure: 5.3yrs
  • Chuan Wang (49yo)

    Chairman

    • Tenure: 1.7yrs
  • Lei Chen (46yo)

    CEO & Director

    • Tenure: 2.1yrs

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$170.427m
  • Shares outstanding: 67.63m
  • 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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 00:34
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.