G-BITS NETWORK TECHNOLOGY (XIAMEN) CO., LTD.

G-bits Network Technology (Xiamen) Co., Ltd.

603444

CNE100002GK7

Internet Services

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-04-18 pm EDT			5-day change	1st Jan Change
170.2 ^CNY	-1.45%		-1.49%	-30.56%

Apr. 02	Tranche Update on G-bits Network Technology Co., Ltd.'s Equity Buyback Plan announced on December 28, 2023.	CI
Mar. 28	G-bits Network Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

G-bits Network Technology Xiamen Co Ltd : annual earnings release

April 05, 2019 at 09:15 am EDT

The company will report its earnings for FY 2018 on 04/10/2019. Generally, the company reports earnings worse than estimates. In recent months, the 5 analysts from Thomson Reuters consensus have revised their EPS estimates upward.

Annual earnings per share is expected at 9.62 CNY for 2018 (+ 12.7% from 2017). A summary of annual publications and estimates is available below.

Annual results		2017	2018 (e)	2019 (e)
Sales Million CNY	Released Forecast Spread	1 440 1 491 -3,4%	1 619	1 877
Operating income (EBITDA) Million CNY	Released Forecast Spread		937
Operating profit (EBIT) Million CNY	Released Forecast Spread		922	982
Pre-Tax Profit (EBT) Million CNY	Released Forecast Spread	860 926 -7,1%	968	1 094
Net income Million CNY	Released Forecast Spread	610 693 -12%	689	780
EPS CNY	Released Forecast Spread	8,53 9,67 -12%	9,62	10,9
Announcement Date		04/02/2018

Latest news about G-bits Network Technology (Xiamen) Co., Ltd.

Tranche Update on G-bits Network Technology Co., Ltd.'s Equity Buyback Plan announced on December 28, 2023.	Apr. 01	CI
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Tranche Update on G-bits Network Technology Co., Ltd.'s Equity Buyback Plan announced on December 28, 2023.	Jan. 02	CI
G-bits Network Technology Co., Ltd. announces an Equity Buyback for CNY 100 million worth of its shares.	Dec. 27	CI
G-bits Network Technology Co., Ltd. authorizes a Buyback Plan.	Dec. 26	CI
Chinese gaming firms unveil share buybacks after regulatory move unnerves investors	Dec. 26	RE
G-bits Network Technology’s Q3 Profit Slumps 43% as Revenue Slides	23-10-25	MT
Jefferies Adjusts G-bits Network Technology’s Price Target to 378 Yuan From 476 Yuan, Keeps at Buy	23-10-25	MT
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2023	23-10-24	CI
Qingci Games Inc. and G-Bits Entered into the 2023 Property Leasing and Administrative Services Framework Agreement for the Group	23-10-17	CI
Jefferies Adjusts G-bits Network Technology's Price Target to 476 Yuan From 507 Yuan, Keeps at Buy	23-08-21	MT
G-bits Network Technology Xiamen Logs Single-Digit Earnings Drop in H1; Shares Fall 4%	23-08-16	MT
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-08	CI
G-bits Network Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-26	CI
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-30	CI
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2022	22-10-26	CI
US Game Software Firm Unity Forms $1 Billion JV With Alibaba, China Mobile, Others	22-08-10	MT
Unity Software Sets Up China Joint Venture With Local Partners	22-08-10	DJ
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-08	CI
Tencent, NetEase Excluded Again From China's Latest Wave of Game Approvals	22-08-02	MT
China’s Video Game Revenue Growth Eases in Q1	22-04-25	MT
G-bits Network Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-22	CI
China Grants 45 Gaming Licenses, Ending Nine-Month Approval Freeze	22-04-12	MT
China ends gaming approval freeze, grants first licenses since July last year	22-04-11	RE
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021	22-04-07	CI

Chart G-bits Network Technology (Xiamen) Co., Ltd.

Duration

Period

Chart G-bits Network Technology (Xiamen) Co., Ltd.

More charts

Company Profile

G-bits Network Technology (Xiamen) Co., Ltd. is a China-based company and mainly engaged in planning, development and operation of online game. The main businesses of the company are online game and console game. Online game business includes mobile, pad and other mobile terminal games, personal computer online games and web games. Console game business is mobile terminal console game. The Company distributes its products and service in domestic and overseas markets.

Sector

Internet Services

Calendar

2024-04-23 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for G-bits Network Technology (Xiamen) Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

170.2 CNY

Average target price

267.3 CNY

Spread / Average Target

+57.07%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Internet Gaming

	1st Jan change	Capi.
G-BITS NETWORK TECHNOLOGY (XIAMEN) CO., LTD.	-30.56%	1.72B
NETEASE, INC.	-0.24%	57.85B
NEXON CO., LTD.	-9.24%	13.22B
KRAFTON, INC.	+34.30%	8.73B
KUNLUN TECH CO., LTD.	+4.12%	6.54B
37 INTERACTIVE ENTERTAINMENT NETWORK TECHNOLOGY GROUP CO., LTD.	-10.31%	5.16B
ZHEJIANG CENTURY HUATONG GROUP CO.,LTD	-16.47%	4.38B
SQUARE ENIX HOLDINGS CO., LTD.	+8.85%	4.28B
NETMARBLE CORPORATION	-3.44%	3.34B
GIANT NETWORK GROUP CO., LTD.	-4.76%	2.79B

Internet Gaming