Xunlei Ltd - Understand $xnet stock

$XNET Market Cap: $124.8 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$286.8M

TTM

Gross Margin

42.96%

TTM

Net Earnings

$10.50M

TTM

Current Assets

$327.4M

Q4 2023

Current Liabilities

$128.1M

Q4 2023

Current Ratio

255.59%

Q4 2023

Total Assets

$468.7M

Q4 2023

Total Liabilities

$145.2M

Q4 2023

Book Value

$323.5M

Q4 2023

Cash

$170.8M

Q4 2023

P/E

11.89

Nov 14, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$363.7M	$341.5M	$238.8M	$186.4M	$180.7M	$230.6M	$200.6M	$140.2M	$104.5M	$133.9M	$118.1M	$140.5M	$81.90M	$40.00M	$27.10M	$15.30M
YoY Change	6.51%	43.02%	28.1%	3.15%	-21.64%	14.96%	43.08%	34.16%	-21.96%	13.38%	-15.94%	71.55%	104.75%	47.6%	77.12%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$363.7M	$341.5M	$238.8M	$186.4M	$180.7M	$230.6M	$200.6M	$140.2M	$104.5M	$133.9M	$118.1M	$140.5M	$81.90M	$40.00M	$27.10M	$15.30M
Cost Of Revenue	$200.6M	$200.1M	$118.6M	$92.60M	$99.90M	$115.7M	$117.9M	$79.90M	$59.30M	$55.80M	$50.30M	$84.00M	$48.10M	$14.30M	$6.600M	$4.100M
Gross Profit	$163.1M	$141.4M	$120.2M	$93.70M	$80.80M	$114.9M	$82.70M	$60.30M	$45.30M	$78.20M	$67.90M	$56.50M	$33.80M	$25.70M	$20.50M	$11.30M
Gross Profit Margin	44.83%	41.42%	50.33%	50.27%	44.71%	49.83%	41.23%	43.01%	43.35%	58.4%	57.49%	40.21%	41.27%	64.25%	75.65%	73.86%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Selling, General & Admin	$90.38M	$64.54M	$59.25M	$48.30M	$69.30M	$75.20M	$55.70M	$40.00M	$40.00M	$39.30M	$27.40M	$37.60M	$28.60M	$12.80M	$11.80M	$11.10M
YoY Change	40.04%	8.94%	22.66%	-30.3%	-7.85%	35.01%	39.25%	0.0%	1.78%	43.43%	-27.13%	31.47%	123.44%	8.47%	6.31%
% of Gross Profit	55.43%	45.63%	49.3%	51.55%	85.77%	65.45%	67.35%	66.33%	88.3%	50.26%	40.35%	66.55%	84.62%	49.81%	57.56%	98.23%
Research & Development	$74.20M	$67.68M	$61.42M	$54.90M	$68.20M	$76.20M	$65.50M	$59.70M	$34.20M	$28.70M	$21.70M	$20.40M	$12.10M	$5.800M	$4.300M	$3.800M
YoY Change	9.64%	10.2%	11.87%	-19.5%	-10.5%	16.34%	9.72%	74.56%	19.16%	32.26%	6.37%	68.6%	108.62%	34.88%	13.16%
% of Gross Profit	45.5%	47.85%	51.1%	58.59%	84.41%	66.32%	79.2%	99.0%	75.5%	36.7%	31.96%	36.11%	35.8%	22.57%	20.98%	33.63%
Depreciation & Amortization	$4.427M	$2.666M	$7.448M	$14.18M	$12.65M	$6.830M	$10.05M	$8.390M	$17.80M	$45.24M	$43.42M	$54.57M	$32.06M	$6.640M	$2.800M	$1.470M
YoY Change	66.05%	-64.21%	-47.48%	12.09%	85.21%	-32.04%	19.79%	-52.87%	-60.65%	4.19%	-20.43%	70.21%	382.83%	137.14%	90.48%
% of Gross Profit	2.71%	1.88%	6.2%	15.13%	15.66%	5.94%	12.15%	13.91%	39.29%	57.85%	63.95%	96.58%	94.85%	25.84%	13.66%	13.01%
Operating Expenses	$164.7M	$132.2M	$123.3M	$107.5M	$139.3M	$152.9M	$123.3M	$101.8M	$76.70M	$69.70M	$50.20M	$54.40M	$36.90M	$18.60M	$16.10M	$14.80M
YoY Change	24.55%	7.24%	14.69%	-22.83%	-8.89%	24.01%	21.12%	32.72%	10.04%	38.84%	-7.72%	47.43%	98.39%	15.53%	8.78%
Operating Profit	-$1.612M	$9.221M	-$3.117M	-$13.80M	-$58.50M	-$38.00M	-$40.60M	-$41.50M	-$31.40M	$8.500M	$17.70M	$2.100M	-$3.100M	$7.100M	$4.400M	-$3.500M
YoY Change	-117.48%	-395.83%	-77.41%	-76.41%	53.95%	-6.4%	-2.17%	32.17%	-469.41%	-51.98%	742.86%	-167.74%	-143.66%	61.36%	-225.71%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Interest Expense		$1.805M	$1.951M	$500.0K	-$13.80M	-$100.0K	$3.200M	$4.400M	$5.700M	$9.600M	$2.800M	-$400.0K	$700.0K	$100.0K	$800.0K	-$1.800M
YoY Change		-7.48%	290.2%	-103.62%	13700.0%	-103.13%	-27.27%	-22.81%	-40.63%	242.86%	-800.0%	-157.14%	600.0%	-87.5%	-144.44%
% of Operating Profit		19.57%								112.94%	15.82%	-19.05%		1.41%	18.18%
Other Income/Expense, Net	$16.90M	$13.55M	$3.355M	$5.300M	$21.50M	$3.600M	$4.000M	$3.100M	$2.800M	$10.20M	$3.100M	$900.0K	$700.0K	$200.0K	$200.0K	$700.0K
YoY Change	24.8%	303.73%	-36.7%	-75.35%	497.22%	-10.0%	29.03%	10.71%	-72.55%	229.03%	244.44%	28.57%	250.0%	0.0%	-71.43%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Pretax Income	$18.40M	$25.42M	$983.0K	-$13.00M	-$48.70M	-$40.90M	-$46.50M	-$33.30M	-$22.30M	$28.70M	$23.50M	$2.600M	-$1.800M	$7.400M	$5.400M	-$4.600M
YoY Change	-27.61%	2485.45%	-107.56%	-73.31%	19.07%	-12.04%	39.64%	49.33%	-177.7%	22.13%	803.85%	-244.44%	-124.32%	37.04%	-217.39%
Income Tax	$4.131M	$4.068M	-$125.0K	$1.100M	$4.700M	-$100.0K	-$2.300M	-$2.500M	-$3.700M	$500.0K	$600.0K	$2.200M	-$1.800M	-$1.100M	$0.00	$0.00
% Of Pretax Income	22.45%	16.01%	-12.72%							1.74%	2.55%	84.62%		-14.86%	0.0%
Net Earnings	$14.23M	$21.46M	$1.191M	-$13.80M	-$53.20M	-$39.30M	-$37.80M	-$24.10M	-$13.20M	$10.80M	$10.70M	$500.0K	$0.00	$8.500M	$5.400M	-$4.600M
YoY Change	-33.72%	1702.1%	-108.63%	-74.06%	35.37%	3.97%	56.85%	82.58%	-222.22%	0.93%	2040.0%		-100.0%	57.41%	-217.39%
Net Earnings / Revenue	3.91%	6.28%	0.5%	-7.4%	-29.44%	-17.04%	-18.84%	-17.19%	-12.63%	8.07%	9.06%	0.36%	0.0%	21.25%	19.93%	-30.07%
Basic Earnings Per Share	$0.04	$0.06	$0.00	-$0.04
Diluted Earnings Per Share	$0.04	$0.06	$3.545K	-$40.90K	-$157.5K	-$117.3K	-$114.0K	-$72.11K	-$39.29K	$55.47K	$140.6K	$1.566K	$0.00	$51.48K	$32.71K	-$31.46K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Cash & Short-Term Investments	$262.3M	$239.0M	$255.1M	$265.3M	$319.5M	$372.4M	$381.5M	$432.1M	$433.7M	$134.9M	$88.40M	$53.30M	$21.40M	$18.90M
YoY Change	9.75%	-6.31%	-3.84%	-16.96%	-14.21%	-2.39%	-11.71%	-0.37%	221.5%	52.6%	65.85%	149.07%	13.23%
Cash & Equivalents	$178.7M	$123.4M	$137.2M	$162.5M	$122.9M	$233.5M	$199.5M	$361.8M	$404.3M	$93.90M	$81.90M	$53.30M	$21.40M	$18.90M
Short-Term Investments	$83.63M	$115.7M	$117.8M	$102.8M	$196.5M	$138.9M	$182.0M	$70.30M	$29.40M	$41.00M	$6.500M	$0.00
Other Short-Term Assets	$8.267M	$10.23M	$9.700M	$13.30M	$6.700M	$2.900M	$10.60M	$10.00M	$57.60M	$19.90M	$20.10M	$16.90M	$4.400M	$1.000M
YoY Change	-19.17%	5.44%	-27.07%	98.51%	131.03%	-72.64%	6.0%	-82.64%	189.45%	-1.0%	18.93%	284.09%	340.0%
Inventory	$457.0K	$1.363M	$1.700M	$5.500M	$12.70M	$3.900M	$400.0K	$500.0K	$0.00
Prepaid Expenses
Receivables	$28.22M	$26.14M	$23.00M	$27.50M	$19.40M	$40.60M	$14.50M	$11.30M	$5.200M	$35.30M	$51.60M	$37.00M	$18.80M	$11.90M
Other Receivables	$32.92M	$17.19M	$12.90M	$4.900M	$4.700M	$11.00M	$5.300M	$3.800M	$5.400M	$3.800M	$3.600M	$900.0K	$700.0K	$200.0K
Total Short-Term Assets	$332.2M	$293.9M	$302.3M	$316.6M	$362.9M	$430.8M	$412.3M	$457.7M	$501.9M	$193.8M	$163.8M	$108.3M	$45.20M	$32.10M
YoY Change	13.02%	-2.77%	-4.52%	-12.76%	-15.76%	4.49%	-9.92%	-8.81%	158.98%	18.32%	51.25%	139.6%	40.81%
Property, Plant & Equipment	$62.60M	$57.68M	$52.70M	$47.50M	$21.90M	$24.70M	$21.00M	$18.00M	$16.40M	$20.20M	$14.60M	$10.20M	$9.800M	$5.500M
YoY Change	8.52%	9.46%	10.95%	116.89%	-11.34%	17.62%	16.67%	9.76%	-18.81%	38.36%	43.14%	4.08%	78.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$30.81M	$31.50M	$26.70M	$26.40M	$33.60M	$42.70M	$40.80M	$11.30M	$5.500M	$2.900M	$1.500M	$600.0K
YoY Change	-2.17%	17.96%	1.14%	-21.43%	-21.31%	4.66%	261.06%	105.45%	89.66%	93.33%	150.0%
Other Assets	$10.00M	$26.18M	$2.400M	$4.400M	$6.300M	$8.000M	$4.500M	$16.00M	$18.20M	$15.50M	$11.60M	$14.30M	$600.0K	$0.00
YoY Change	-61.78%	990.67%	-45.45%	-30.16%	-21.25%	77.78%	-71.88%	-12.09%	17.42%	33.62%	-18.88%	2283.33%
Total Long-Term Assets	$131.1M	$146.8M	$113.3M	$108.1M	$92.50M	$102.6M	$97.50M	$80.70M	$78.50M	$50.60M	$38.40M	$34.20M	$13.60M	$6.500M
YoY Change	-10.66%	29.56%	4.81%	16.86%	-9.84%	5.23%	20.82%	2.8%	55.14%	31.77%	12.28%	151.47%	109.23%
Total Assets	$463.3M	$440.7M	$415.6M	$424.7M	$455.4M	$533.4M	$509.8M	$538.4M	$580.4M	$244.4M	$202.2M	$142.5M	$58.80M	$38.60M
YoY Change
Accounts Payable	$25.43M	$26.41M	$20.60M	$24.20M	$22.60M	$49.80M	$33.40M	$21.70M	$14.90M	$39.80M	$31.80M	$18.40M	$2.600M	$900.0K
YoY Change	-3.69%	28.19%	-14.88%	7.08%	-54.62%	49.1%	53.92%	45.64%	-62.56%	25.16%	72.83%	607.69%	188.89%
Accrued Expenses	$49.72M	$24.54M	$21.30M	$27.70M	$27.30M	$21.20M	$18.30M	$17.10M	$23.60M	$20.70M	$19.30M	$11.40M	$5.300M	$5.100M
YoY Change	102.59%	15.23%	-23.1%	1.47%	28.77%	15.85%	7.02%	-27.54%	14.01%	7.25%	69.3%	115.09%	3.92%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$20.60M	$0.00	$0.00
YoY Change											-100.0%
Long-Term Debt Due	$7.024M	$2.876M
YoY Change	144.23%
Total Short-Term Liabilities	$128.3M	$119.9M	$103.3M	$111.3M	$108.0M	$141.7M	$93.40M	$76.70M	$103.0M	$105.4M	$79.50M	$66.30M	$17.40M	$10.90M
YoY Change	7.02%	16.05%	-7.19%	3.06%	-23.78%	51.71%	21.77%	-25.53%	-2.28%	32.58%	19.91%	281.03%	59.63%
Long-Term Debt	$24.75M	$17.29M	$19.90M	$11.30M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	43.14%	-13.11%	76.11%
Other Long-Term Liabilities	$1.175M	$852.0K	$900.0K	$5.400M	$1.900M	$8.900M	$9.500M	$10.60M	$11.80M	$11.40M	$11.00M	$4.300M	$3.900M	$0.00
YoY Change	37.91%	-5.33%	-83.33%	184.21%	-78.65%	-6.32%	-10.38%	-10.17%	3.51%	3.64%	155.81%	10.26%
Total Long-Term Liabilities	$25.93M	$18.14M	$20.80M	$16.70M	$1.900M	$8.900M	$9.500M	$10.60M	$11.80M	$11.40M	$11.00M	$4.300M	$3.900M	$0.00
YoY Change	42.89%	-12.77%	24.55%	778.95%	-78.65%	-6.32%	-10.38%	-10.17%	3.51%	3.64%	155.81%	10.26%
Total Liabilities	$153.4M	$137.1M	$123.5M	$127.8M	$110.1M	$148.4M	$101.6M	$91.60M	$122.5M	$124.9M	$98.20M	$74.30M	$21.80M	$10.90M
YoY Change	11.93%	10.99%	-3.36%	16.08%	-25.81%	46.06%	10.92%	-25.22%	-1.92%	27.19%	32.17%	240.83%	100.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	326.4M	336.0M	334.7M	337.4M
Diluted Shares Outstanding	326.8M	336.2M	336.0M	337.4M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $124.8 Million

About Xunlei Ltd

Xunlei Ltd. is a holding company, which provides shared cloud computing and blockchain technology services. The company is headquartered in Shenzhen, Guangdong and currently employs 1,215 full-time employees. The company went IPO on 2014-06-24. The firm operates an Internet platform in China based on cloud computing to enable users to access, manage and consume digital media content. The firm's acceleration products and services include Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet, and cloud acceleration subscription services, which offer user services for speed and reliability. The firm's Xunlei Accelerator allows users to accelerate digital transmission over the Internet. Xunlei Accelerator also bridges users with diverse needs to other services it offers, such as Xunlei Media Player, which supports both online and offline video watching, and its various online games, including Web games and massively multiplayer online games (MMOGs), by recommending and providing links to these services on its user interface.

Industry: Services-Prepackaged Software Peers: Huaizhong Health Group, Inc. Agora Inc Aurora Mobile Ltd Cheetah Mobile Inc Cloopen Group Holding Ltd OneConnect Financial Technology Co Ltd