Kingnet Network Financials
| 002517 Stock | 13.62 0.87 6.82% |
Operating Margin 0.3529 | PE Ratio 16.5256 | Profit Margin 0.3195 | Payout Ratio 0.2564 | EPS Estimate Current Year 0.8636 |
Kingnet | Select Account or Indicator |
Understanding current and past Kingnet Network Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kingnet Network's financial statements are interrelated, with each one affecting the others. For example, an increase in Kingnet Network's assets may result in an increase in income on the income statement.
Please note, the presentation of Kingnet Network's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kingnet Network's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Kingnet Network's management manipulating its earnings.
Kingnet Network Stock Summary
Kingnet Network competes with Xiwang Foodstuffs, Shanghai Yanpu, Great Sun, Jiahe Foods, and Western Metal. Kingnet Network is entity of China. It is traded as Stock on SHE exchange.Specialization | Communication Services, Electronic Gaming & Multimedia |
| Instrument | China Stock View All |
| Exchange | Shenzhen Stock Exchange |
| ISIN | CNE100000XB5 |
| Business Address | Pujiang Science and |
| Sector | Entertainment |
| Industry | Communication Services |
| Benchmark | Dow Jones Industrial |
| Website | www.kingnet.com |
| Phone | 86 21 5090 8789 |
You should never invest in Kingnet Network without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Kingnet Stock, because this is throwing your money away. Analyzing the key information contained in Kingnet Network's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Kingnet Network Key Financial Ratios
Kingnet Network's financial ratios allow both analysts and investors to convert raw data from Kingnet Network's financial statements into concise, actionable information that can be used to evaluate the performance of Kingnet Network over time and compare it to other companies across industries.| Revenue | 4.28 B | ||||
| Gross Profit | 2.79 B | ||||
| EBITDA | 1.66 B | ||||
| Net Income | 1.46 B | ||||
| Total Asset | 6.61 B |
Kingnet Network Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 3.8B | 3.5B | 4.4B | 5.8B | 6.6B | 6.9B | |
| Other Current Liab | 348.8M | 171.0M | 863.9K | 708.3M | 718.2M | 754.1M | |
| Net Debt | (804.3M) | (730.9M) | (1.2B) | (2.5B) | (2.8B) | (2.6B) | |
| Retained Earnings | 636.3M | 586.5M | 1.2B | 2.1B | 3.3B | 3.5B | |
| Accounts Payable | 402.5M | 254.9M | 266.7M | 312.2M | 442.1M | 234.9M | |
| Cash | 804.3M | 732.7M | 1.2B | 2.6B | 2.8B | 2.9B | |
| Other Assets | 116.2M | 84.4M | 1.0 | 213.5M | 1.15 | 1.09 | |
| Net Receivables | 828.7M | 878.2M | 1.3B | 1.3B | 1.5B | 1.5B | |
| Inventory | 18.7M | 3.8M | 16.2M | 10.5M | 19.6M | 18.6M | |
| Other Current Assets | 57.2M | 44.5M | 45.5M | 68.6M | 272.6M | 286.2M | |
| Total Liab | 941.2M | 536.0M | 650.6M | 1.2B | 1.4B | 1.4B | |
| Total Current Assets | 2.3B | 1.9B | 2.7B | 3.9B | 4.5B | 4.8B | |
| Short Term Debt | (112.9M) | 762.8K | 11.0M | 21.5M | 17.5M | 16.6M | |
| Intangible Assets | 9.0M | 11.5M | 16.1M | 27.7M | 30.6M | 23.6M | |
| Other Liab | 189.9M | 52.7M | 53.9M | 16.0M | 18.4M | 17.5M | |
| Net Tangible Assets | 2.0B | 2.0B | 2.5B | 3.6B | 4.1B | 2.6B | |
| Good Will | 2.1B | 3.0B | 852.4M | 852.3M | 767.0M | 931.0M | |
| Net Invested Capital | 2.9B | 2.9B | 3.4B | 4.5B | 5.2B | 3.3B | |
| Net Working Capital | 1.5B | 1.5B | 2.2B | 2.7B | 3.2B | 2.3B |
Kingnet Network Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 4.2M | 186.1K | 628.5K | 2.0M | 1.4M | 1.3M | |
| Total Revenue | 2.0B | 1.5B | 2.4B | 3.7B | 4.3B | 4.5B | |
| Gross Profit | 1.4B | 1.1B | 1.7B | 2.8B | 3.5B | 3.7B | |
| Operating Income | 195.6M | 228.8M | 906.2M | 1.3B | 1.5B | 1.6B | |
| Ebit | 195.6M | 228.8M | 906.2M | 1.3B | 1.5B | 1.6B | |
| Research Development | 372.8M | 313.4M | 339.3M | 511.3M | 517.2M | 543.1M | |
| Ebitda | 209.9M | 232.3M | 919.0M | 1.4B | 1.7B | 1.7B | |
| Cost Of Revenue | 587.5M | 428.6M | 694.1M | 930.8M | 732.0M | 579.5M | |
| Income Before Tax | (1.8B) | 253.6M | 936.2M | 1.4B | 1.7B | 1.8B | |
| Net Income | (1.8B) | 242.6M | 844.4M | 1.0B | 1.5B | 1.5B | |
| Income Tax Expense | 70.5M | 11.0M | 91.7M | 23.0M | 116.6M | 122.5M | |
| Minority Interest | 52.9M | 119.6M | (267.7M) | (336.1M) | (118.9M) | (113.0M) | |
| Tax Provision | 76.7M | 11.0M | 91.7M | 23.0M | 116.6M | 122.5M | |
| Net Interest Income | 6.5M | 15.3M | 10.7M | 34.1M | 57.8M | 60.7M | |
| Interest Income | 11.3M | 15.5M | 11.7M | 36.4M | 59.5M | 62.5M |
Kingnet Network Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Kingnet Network. It measures of how well Kingnet is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Kingnet Network brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Kingnet had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Kingnet Network has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 457.2K | 14.9M | (12.4M) | 5.7M | (9.1M) | (9.6M) | |
| Change In Cash | (132.8M) | (61.2M) | 497.9M | 1.4B | 268.7M | 181.5M | |
| Free Cash Flow | 267.7M | 37.4M | 346.8M | 1.4B | 1.5B | 1.6B | |
| Depreciation | 14.3M | 11.9M | 14.3M | 31.4M | 41.5M | 43.6M | |
| Other Non Cash Items | 2.0B | (31.5M) | (51.8M) | 79.9M | 75.7M | 115.9M | |
| Dividends Paid | 282.9M | 4.3M | 21.7M | 275.0M | 316.2M | 332.0M | |
| Capital Expenditures | 58.9M | 64.0M | 153.9M | 131.6M | 191.0M | 200.5M | |
| Net Income | (1.8B) | 242.6M | 844.4M | 1.4B | 1.5B | 1.5B | |
| End Period Cash Flow | 726.4M | 665.3M | 1.2B | 2.5B | 2.8B | 2.9B | |
| Investments | (205.7M) | 11.3M | 287.8M | (52.7M) | (377.8M) | (358.9M) | |
| Net Borrowings | (262.4M) | (128.3M) | (10.2M) | (22.3M) | (20.0M) | (19.0M) | |
| Change To Netincome | 2.0B | 6.5M | (79.2M) | 364.8M | 419.5M | 264.6M |
Kingnet Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kingnet Network's current stock value. Our valuation model uses many indicators to compare Kingnet Network value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kingnet Network competition to find correlations between indicators driving Kingnet Network's intrinsic value. More Info.Kingnet Network Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kingnet Network Co is roughly 2.02 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Kingnet Network by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kingnet Network's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Kingnet Network Systematic Risk
Kingnet Network's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kingnet Network volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Kingnet Network correlated with the market. If Beta is less than 0 Kingnet Network generally moves in the opposite direction as compared to the market. If Kingnet Network Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kingnet Network is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kingnet Network is generally in the same direction as the market. If Beta > 1 Kingnet Network moves generally in the same direction as, but more than the movement of the benchmark.
Kingnet Network Co Total Assets Over Time
Kingnet Network November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Kingnet Network help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kingnet Network Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kingnet Network Co based on widely used predictive technical indicators. In general, we focus on analyzing Kingnet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kingnet Network's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.1424 | |||
| Maximum Drawdown | 17.48 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 6.22 |
Complementary Tools for Kingnet Stock analysis
When running Kingnet Network's price analysis, check to measure Kingnet Network's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kingnet Network is operating at the current time. Most of Kingnet Network's value examination focuses on studying past and present price action to predict the probability of Kingnet Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingnet Network's price. Additionally, you may evaluate how the addition of Kingnet Network to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |