Kingnet Network Co., Ltd. (002517.SZ) Stock

About Kingnet Network Co., Ltd.

Kingnet Network Co., Ltd. engages in the development, operation, and distribution of mobile and operations in China and internationally. The company offers and operates game brands and Ips, including Gods of War: Shadow Princess (MMO game for iOS and Android in Hong Kong, Macau, and Taiwan), Original Legend, Angel War, Eternal Alliance, Chinese Paladin (A New Beginning), Mobile Suit Gundam Series, OVERLORD Nobunaga's Ambition(The Way of Heaven), Legend of Sword and Fairy, Gu Long Heroes (Gu Long's martial arts series novels), Red Moon, Xuan-Yuan Sword, Hope 0L, Legend of Wonderland, Black Cat Sheriff, Monopoly, Sui Shi Ling (Chinese traditional culture festival IP), and Baigongling (traditional Chinese handicrafts IP). It also serves a broad user base through its online and offline distribution channels, including domestic and international platforms, multimedia account matrices, live broadcast, and short video incubation businesses. In addition, the company offers internet technology and animation products. The company was founded in 2000 and is based in Shanghai, China.

Kingnet Network Co., Ltd. (002517.SZ) stock trades at $17.93 with a market capitalization of $38.31B. The stock is valued at a price-to-earnings (P/E) ratio of 17.58, price-to-book of 2.57, price-to-sales of 6.19. Over the past 52 weeks the stock has ranged between $13.95 and $30.50, and currently trades 41.2% below its 52-week high. It pays a dividend yielding 0.56%.

On profitability, Kingnet Network Co., Ltd. generates a return on equity (ROE) of 25.03% — well above the market average, a sign of a high-quality business, an operating margin of 29.71%, a net profit margin of 34.97%.

The balance sheet shows a debt-to-equity ratio of 0.02 — a conservative balance sheet with little leverage risk, a current ratio of 2.95.

002517.SZ has an average daily trading volume of 76,874,879 shares, a beta of 0.84, 2.14B shares outstanding.

Official website: www.kingnet.com