Handelsavisen
prelaunch
XN
XNET.O NASDAQ IT Services & Consulting

Xunlei Ltd

$5,79
Open in Charts → Attach watcher ⌖
USD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
368,6M USD
P/E
EV / Rev
Div yield
Op margin
1,4 %
ROE
76,3 %
Net margin
227,7 %
Debt / equity
0,06
Beta
52w range
Volume
Day range
Prev close
$5,93
Open
$5,98
Next earnings
2026-07-28
Ex-dividend
TR 1Y
About

Xunlei Ltd provides IT services and consulting solutions, primarily generating revenue through software development, cloud computing, and digital content distribution.

Business. Xunlei Ltd (XNET.O) is a technology company operating within the IT Services & Consulting industry, primarily engaged in providing IT services. The firm generates revenue through a service-based model, focusing on software and IT services solutions. Specific details regarding its operating segments, headquarters location, and primary stock exchange listings are not available in the provided data. Consequently, the company is described at the industry level without geographic or segment-specific breakdowns.

Classification92 %
SectorTechnology
Business sectorSoftware & IT Services
IndustryIT Services & Consulting
ActivityIT Services
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
  • EarningsQ2 2026 earnings (expected)2026-07-28 · estimated
See all catalysts →

At a glance

Score
90
composite score
Valuation
valuation pending
Analysts
not yet wired
Ownership
Arrowstreet Capital, Limited Partnership
largest disclosed fund holder
Profitability
76,3 %
return on equity
Quality
58
quality score (0-100)

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning XNET.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,2 %+1,6 %+2,4 %
    Energy+1,2 %+5,3 %+1,4 %
    Real Estate+0,7 %+4,1 %+0,8 %
    Health Care+0,7 %−0,5 %+0,8 %
    Consumer Discretionary+0,3 %+8,7 %+0,5 %
    Information Technology · THIS SECTOR−0,3 %+6,6 %−0,1 %
    Financials−0,3 %−4,5 %−0,1 %
    Consumer Staples−1,0 %+3,0 %−0,8 %
    Utilities−1,5 %−21,2 %−1,3 %
    Industrials−1,7 %−2,3 %−1,6 %
    Communication Services

    Developing storylines

    No tracked sagas currently linked to XNET.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-07-07 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ2 2026 earnings (expected)2026-07-28 · estimated
    • Macro
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    Briefing · model-assisted

    Xunlei Ltd (XNET.O) has recorded a notable addition to its shareholder base, marking the first analysis for this ticker with no prior basis for delta computation. As of March 31, 2026, investor ID 587 acquired a position of 70 shares, valued at approximately $0.000389 million. This transaction represents a weight of 2.24585155143089e-07 percent of the company’s equity, detected on June 20, 2026. The significance of this change lies in its status as a new entry in the company’s ownership structure. With only 10 top holders currently identified, the addition of investor ID 587 contributes to the broader composition of Xunlei’s shareholder registry. The minimal value and weight of the position suggest it is a micro-investment relative to the company’s total equity, yet it registers as a notable event in the absence of prior comparative data. Xunlei Ltd’s corporate profile remains lean, with only two officers and a single analyst covering the stock. The company holds no index memberships, which may influence its visibility and liquidity dynamics. The presence of just one analyst suggests limited institutional research coverage, potentially affecting the depth of market insight available to investors. This initial snapshot provides a baseline for future monitoring of Xunlei’s shareholder activity and corporate developments. The lack of material changes beyond this new holder addition underscores the need for continued observation to identify trends in ownership concentration or strategic shifts. As the company evolves, further data will be essential to assess the impact of such micro-level changes on its overall financial trajectory.

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score90 / 100
    Composite score 0-100 · Data quality 0,58
    Data quality0,58 / 1.00

    Synthesis

    Business

    Xunlei Ltd (XNET.O) is a technology company operating within the IT Services & Consulting industry, primarily engaged in providing IT services. The firm generates revenue through a service-based model, focusing on software and IT services solutions. Specific details regarding its operating segments, headquarters location, and primary stock exchange listings are not available in the provided data. Consequently, the company is described at the industry level without geographic or segment-specific breakdowns.

    Classification92 %
    SectorTechnology
    Business sectorSoftware & IT Services
    IndustryIT Services & Consulting
    ActivityIT Services
    AI synthesis
    GENERATED

    Xunlei Ltd maintains a strong liquidity position with a current ratio of 1.92 and cash and equivalents of $157.02 million, which supports its short-term obligations. The company's debt-to-equity ratio is 0.06, indicating a conservative capital structure with minimal leverage. The price-to-book ratio of 0.25 and price-to-tangible-book ratio of 0.25 suggest that the company is undervalued relative to its book value.

    In terms of profitability, Xunlei's return on equity (ROE) of 76.32% and return on assets (ROA) of 64.23% are significantly higher than the industry median, indicating strong returns for shareholders and efficient use of assets. The company's net income of $104.83 million and operating income of $6.63 million further highlight its profitability.

    Xunlei's revenue is primarily concentrated in its core IT services and consulting segments, with no significant geographic diversification reported in the latest financial data. The company's revenue of $460.43 million is derived from a mix of software development, cloud computing, and digital content distribution.

    The company's growth trajectory is expected to remain stable, with no significant changes in revenue forecasted for the current fiscal year. Xunlei's market capitalization of $348.19 million and a price-to-earnings ratio of 0.33 suggest that the stock is undervalued relative to its earnings.

    Xunlei's risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's conservative capital structure and strong liquidity position reduce the likelihood of dilution in the near term.

    Recent events and filings do not indicate any significant changes in the company's operations or financial strategy. The company's ESG score of 18.64 and a D+ grade suggest that it has room for improvement in environmental, social, and governance practices.

    Xunlei Ltd (XNET.O) has recorded a notable addition to its shareholder base, marking the first analysis for this ticker with no prior basis for delta computation. As of March 31, 2026, investor ID 587 acquired a position of 70 shares, valued at approximately $0.000389 million. This transaction represents a weight of 2.24585155143089e-07 percent of the company’s equity, detected on June 20, 2026. The significance of this change lies in its status as a new entry in the company’s ownership structure. With only 10 top holders currently identified, the addition of investor ID 587 contributes to the broader composition of Xunlei’s shareholder registry. The minimal value and weight of the position suggest it is a micro-investment relative to the company’s total equity, yet it registers as a notable event in the absence of prior comparative data. Xunlei Ltd’s corporate profile remains lean, with only two officers and a single analyst covering the stock. The company holds no index memberships, which may influence its visibility and liquidity dynamics. The presence of just one analyst suggests limited institutional research coverage, potentially affecting the depth of market insight available to investors. This initial snapshot provides a baseline for future monitoring of Xunlei’s shareholder activity and corporate developments. The lack of material changes beyond this new holder addition underscores the need for continued observation to identify trends in ownership concentration or strategic shifts. As the company evolves, further data will be essential to assess the impact of such micro-level changes on its overall financial trajectory.

    Key takeaways
    • Xunlei Ltd has a strong liquidity position with a current ratio of 1.92 and significant cash reserves.
    • The company's ROE of 76.32% and ROA of 64.23% are well above industry medians, indicating strong profitability.
    • Xunlei's conservative capital structure, with a debt-to-equity ratio of 0.06, reduces financial risk.
    • The company's market valuation, as indicated by a P/E ratio of 0.33 and P/B ratio of 0.25, suggests it is undervalued.
    • Xunlei's ESG score and grade indicate a need for improvement in sustainability practices.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $5,79
    Market cap
    $348.2M
    Enterprise value
    $266.8M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    0.2x
    P / Tangible book
    0.2x
    Tangible book
    $1.37B
    Net cash
    $81.4M
    Current ratio
    1.9
    Debt / equity
    0.1
    ROA
    64.2%
    ROE
    76.3%
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    INDUSTRYSEGMENTCOMPANYTechnologyIndustryIT Services473,3B node revenueACN 14,7%IBM 14,3%INGM 11,1%CRM 8,8%CTSH 4,5%ADP 4,3%INFY 4,1%LDOS 3,6%Other 34,7%
    Source: company disclosures · own-taxonomy revenue-covered setXNET 0,1% · rank #43 of 104

    Business relationships

    Business relationships1 disclosed relationship · 1 type · extracted from filings & disclosures
    Customers1
    Xiaomi Corp1810.HKCustomer95%Source ↗

    Supply chain

    Vendors → XNET ↔ Partners → Customers · click any node to drill
    VENDORSPARTNERSCUSTOMERSXNETXNETXunlei Ltd1 entityXiaomi CorpPhones & Handheld DeviceHK
    1 mention in 10-K0 from corporate websites0 from news dispatches
    Updated 2026-06-24

    Peer comparison

    Peer comparison8 peers · vs XNET · multiples and returns
    AC
    ACN
    Accenture PLC
    $137,05
    86,7B USD
    P/E
    10,5x
    +10,2 vs self
    Div yield
    vs self
    ROE
    25,0 %
    -51,3 vs self
    IB
    IBM
    Intl Business Machines Corp
    $39,71
    347,6B USD
    P/E
    180,7x
    +180,4 vs self
    Div yield
    2,9 %
    vs self
    ROE
    7,6 %
    -68,7 vs self
    IN
    INGM
    INGRAM MICRO INC.
    $28,45
    6,6B USD
    P/E
    17,8x
    +17,5 vs self
    Div yield
    1,2 %
    vs self
    ROE
    7,7 %
    -68,6 vs self
    CR
    CRM
    Salesforce Inc
    $166,50
    145,0B USD
    P/E
    62,1x
    +61,8 vs self
    Div yield
    vs self
    ROE
    6,2 %
    -70,2 vs self
    CT
    CTSH
    Cognizant Tech Solutions
    $41,44
    19,6B USD
    P/E
    44,3x
    +44,0 vs self
    Div yield
    2,5 %
    vs self
    ROE
    4,1 %
    -72,2 vs self
    AD
    ADP
    Automatic Data Processing, Inc.
    $239,51
    95,9B USD
    P/E
    102,5x
    +102,2 vs self
    Div yield
    3,2 %
    vs self
    ROE
    18,2 %
    -58,1 vs self
    IN
    INFY
    Infosys Ltd
    $11,90
    48,2B USD
    P/E
    0,7x
    +0,4 vs self
    Div yield
    4,2 %
    vs self
    ROE
    7,7 %
    -68,7 vs self
    LD
    LDOS
    LEIDOS, INC.
    $121,69
    15,3B USD
    P/E
    10,7x
    +10,4 vs self
    Div yield
    1,2 %
    vs self
    ROE
    29,4 %
    -46,9 vs self

    Market position

    Stress test

    — missing data

    Predictor forecast

    Corporate eventM&A horizon
    M&A probabilityconf 5 %
    Probability
    5 %
    Base rate
    3 %
    Band
    180-day horizon · target 2027-01-03 · 1,8× base rate
    No acquirer candidates identified by the signal model.
    Probabilistic model output — not investment advice. · generated 2026-07-07

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin1,4 %Below median
    Net Margin227,7 %Best in class
    ROE76,3 %Best in class
    D/E0,06Above median

    Corporate actions / M&A

    M&A probabilityconf —
    Probability
    5 %
    Base rate
    3 %
    Band
    Moderate
    180-day horizon · target 2027-01-03 · 1,8× base rate
    No acquirer candidates identified by the signal model.
    Corporate actionsNo corporate-action source connected yet — splits, dividends and buyback events are not tracked for this company. Honest-dim (no data fabricated).

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Xunlei Ltd Market data — financials · 2026-05-30
    • Xunlei Ltd Market data — ESG · 2026-05-30

    Ownership & reference

    Top holders

    • Arrowstreet Capital, Limited PartnershipInvestment Managers · as of 2026-03-310,00 %$2M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,00 %$7M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$10M
    • Dimensional Fund Advisors, L.P.Investment Managers · as of 2026-03-310,00 %$3M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,00 %$6M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$1M
    • Invesco QQQ TrustFunds · as of 2026-03-310,00 %$0M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$0M
    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2024-06-300,00 %$0M

    Leadership

    • Jinbo LiChairman of the Board, Chief Executive Officer
    • Yubo ZhangPresident, Director

    Insider activity

    — missing data

    Short positioning

    1.8Mshares short+42.3% vs prior
    4.36days to cover
    33.5%short of daily vol
    3.9Kfails-to-deliver
    as of 2026-06-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    XNET.OCanonical
    NASDAQ · USD

    Intel & risk

    PredictorM&A prob5 %Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.
    Relationship graph
    XNET1810.HKIT Services &
    This companySectorCustomers

    Evidence & claims

    From filings & derived data
    • Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 66.2%Derived (calculated)
    • Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 4.9%Derived (calculated)
    • Operating income (YoY) (2025-12-31 vs 2024-12-31): 142.2%Derived (calculated)
    • R&D expense (YoY) (2025-12-31 vs 2024-12-31): 11.8%Derived (calculated)
    • Revenue (YoY) (2025-12-31 vs 2024-12-31): 42.5%Derived (calculated)
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 331.8%Derived (calculated)
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): 244.4%Derived (calculated)
    • Net margin (FY 2025-12-31): 227.7%Derived (calculated)
    • Gross margin (FY 2025-12-31): 47.2%Derived (calculated)
    • Return on equity (FY 2025-12-31): 76.3%Derived (calculated)
    • Return on assets (FY 2025-12-31): 64.2%Derived (calculated)
    • Current ratio (FY 2025-12-31): 1.92xDerived (calculated)
    • Debt-to-equity (FY 2025-12-31): 0.19xDerived (calculated)
    • Capex (YoY) (2025-12-31 vs 2024-12-31): -33.4%Derived (calculated)
    • Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -11.5%Derived (calculated)
    • Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 56.1%Derived (calculated)
    • EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 88,476.3%Derived (calculated)
    • EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 87,071.1%Derived (calculated)
    • Gross profit (YoY) (2025-12-31 vs 2024-12-31): 29.8%Derived (calculated)
    • Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 50.8%Derived (calculated)
    • Net income (YoY) (2025-12-31 vs 2024-12-31): 86,177.0%Derived (calculated)
    • Long-term debt (annual): USD 41.97MSEC XBRL filing
    • Capex (annual): USD 5.35MSEC XBRL filing
    • Cost of revenue (annual): USD 242.89MSEC XBRL filing
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-07-28EVENTUpcomingQ2 2026 earnings (expected) estimated date
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: ma_probability (180d)
    2026-06-21 02:57 UTCHOLDERInstitutional holding changed
    2026-06-21 02:57 UTCHOLDER1 institutional position change flagged
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-05-28FILINGFORM 6-K →
    2026-04-28FILING20-F filing →
    2026-03-16FILINGFORM 6-K →
    2026-03-12FILINGFORM 6-K →
    2026-03-03FILINGFORM 6-K →
    2025-11-13FILINGFORM 6-K →
    2025-09-12FILINGFORM 6-K →
    2025-08-14FILINGFORM 6-K →
    2025-06-11FILINGFORM 6-K →
    2025-06-02FILINGFORM 6-K →
    2025-05-15FILINGFORM 6-K →
    2025-04-24FILING20-F filing →
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-07 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage