Kingnet Network (China) Today

002517 Stock   13.62  0.87  6.82%   

Performance

16 of 100

 
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Odds Of Distress

Less than 2

 
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Kingnet Network is trading at 13.62 as of the 29th of November 2024, a 6.82 percent increase since the beginning of the trading day. The stock's open price was 12.75. Kingnet Network has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Kingnet Network Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of June 2023 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
7th of December 2010
Category
Communication Services
Kingnet Network is entity of China. It is traded as Stock on SHE exchange. The company has 2.15 B outstanding shares. More on Kingnet Network Co

Moving together with Kingnet Stock

  0.76600519 Kweichow MoutaiPairCorr

Moving against Kingnet Stock

  0.33601857 PetroChinaPairCorr

Kingnet Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kingnet Network's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kingnet Network or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Deputy ChairmanJun Shen
Business ConcentrationInteractive Home Entertainment, Electronic Gaming & Multimedia, Communication Services, Communication Services, Entertainment, Electronic Gaming & Multimedia, Communication Services (View all Sectors)
Kingnet Network's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kingnet Network's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Kingnet Network can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kingnet Network's financial leverage. It provides some insight into what part of Kingnet Network's total assets is financed by creditors.
Liquidity
Kingnet Network cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Kingnet Network Co has accumulated 20.76 M in total debt. Debt can assist Kingnet Network until it has trouble settling it off, either with new capital or with free cash flow. So, Kingnet Network's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kingnet Network sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kingnet to invest in growth at high rates of return. When we think about Kingnet Network's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(9.59 Million)
Kingnet Network Co (002517) is traded on Shenzhen Stock Exchange in China and employs 1,869 people. Kingnet Network is listed under Interactive Home Entertainment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 27.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kingnet Network's market, we take the total number of its shares issued and multiply it by Kingnet Network's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Kingnet Network operates under Entertainment sector and is part of Communication Services industry. The entity has 2.15 B outstanding shares. Kingnet Network generates positive cash flow from operations, but has no cash available
Check Kingnet Network Probability Of Bankruptcy
Ownership Allocation
Kingnet Network maintains a total of 2.15 Billion outstanding shares. Kingnet Network Co holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Kingnet Ownership Details

Kingnet Network Risk Profiles

Although Kingnet Network's alpha and beta are two of the key measurements used to evaluate Kingnet Network's performance over the market, the standard measures of volatility play an important role as well.

Kingnet Stock Against Markets

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Kingnet Network Corporate Directors

Zhenfeng HuangFinancial DirectorProfile
Fan ZhaoDeputy DirectorProfile
Junfa QianDeputy DirectorProfile
Yong ChenGM DirectorProfile

Other Information on Investing in Kingnet Stock

Kingnet Network financial ratios help investors to determine whether Kingnet Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kingnet with respect to the benefits of owning Kingnet Network security.