Stock 002624 PERFECT WORLD CO., LTD.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Perfect World Co., Ltd.

Equities

002624

CNE1000018W6

Internet Services

End-of-day quote Shenzhen S.E.
Other stock markets
 06:00:00 2024-04-25 pm EDT 		5-day change 1st Jan Change
10.14 CNY +2.53% Intraday chart for Perfect World Co., Ltd. +3.89% -14.36%
Apr. 26 Perfect World Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Apr. 16 Jefferies Adjusts Perfect World’s Price Target to 11.90 Yuan From 13.70 Yuan, Keeps at Buy MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 57,057 59,309 40,576 25,165 23,424 20,025 - -
Enterprise Value (EV) 1 56,320 57,172 39,853 22,529 23,424 17,129 16,802 16,452
P/E ratio 38.1 x 36.9 x 107 x 17.7 x 45.5 x 19.1 x 14 x 14.4 x
Yield 0.54% 0.54% 0.59% 2.75% - 4.03% 4.71% 6.37%
Capitalization / Revenue 7.1 x 5.8 x 4.76 x 3.28 x 3.01 x 2.35 x 2.03 x 1.86 x
EV / Revenue 7.01 x 5.59 x 4.68 x 2.94 x 3.01 x 2.01 x 1.7 x 1.53 x
EV / EBITDA 33.9 x 31.7 x 129 x 13.6 x 22.4 x 12.1 x 9.49 x 9.18 x
EV / FCF - 18.3 x 58.7 x 25.7 x - 21 x 19.8 x -
FCF Yield - 5.46% 1.7% 3.9% - 4.75% 5.06% -
Price to Book 5.98 x 5.28 x 3.78 x 2.75 x - 2.18 x 1.98 x 2 x
Nbr of stocks (in thousands) 1,938,944 2,010,469 1,997,846 1,978,400 1,978,400 1,974,871 - -
Reference price 2 29.43 29.50 20.31 12.72 11.84 10.14 10.14 10.14
Announcement Date 2/20/20 4/14/21 4/14/22 4/6/23 4/15/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,038 10,225 8,518 7,670 7,791 8,526 9,857 10,784
EBITDA 1 1,664 1,805 309.2 1,653 1,044 1,420 1,771 1,793
EBIT 1 1,349 1,628 150.1 1,473 895.5 1,162 1,518 1,672
Operating Margin 16.78% 15.93% 1.76% 19.2% 11.49% 13.63% 15.4% 15.5%
Earnings before Tax (EBT) 1 1,353 1,657 156.6 1,486 904.6 1,257 1,531 1,666
Net income 1 1,504 1,549 371.2 1,377 491.5 1,033 1,408 1,367
Net margin 18.71% 15.14% 4.36% 17.95% 6.31% 12.11% 14.28% 12.68%
EPS 2 0.7733 0.8000 0.1900 0.7200 0.2600 0.5314 0.7232 0.7050
Free Cash Flow 1 - 3,121 678.5 878.1 - 814 850 -
FCF margin - 30.52% 7.96% 11.45% - 9.55% 8.62% -
FCF Conversion (EBITDA) - 172.93% 219.39% 53.13% - 57.34% 47.99% -
FCF Conversion (Net income) - 201.52% 182.79% 63.76% - 78.81% 60.37% -
Dividend per Share 2 0.1600 0.1600 0.1200 0.3500 - 0.4090 0.4774 0.6460
Announcement Date 2/20/20 4/14/21 4/14/22 4/6/23 4/15/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q2 2024 Q3 2024 Q4
Net sales - 1,779 2,128 1,795 3,923 1,788 1,959 1,904 2,556 1,736 1,595 - - -
EBITDA - - - - - - - - - - - - - -
EBIT - -653.9 - 312.8 - 302.4 -17.93 - 154.9 272.9 - - - -
Operating Margin - -36.77% - 17.42% - 16.91% -0.92% - 6.06% 15.73% - - - -
Earnings before Tax (EBT) - -638 - 315.7 - 308.2 -15.61 - 196.7 274.2 - - - -
Net income 1,271 -428.7 840.2 297.2 1,137 304.5 -64.77 - 138.6 234.8 -123.2 - - -
Net margin - -24.11% 39.48% 16.56% 28.99% 17.03% -3.31% - 5.42% 13.53% -7.73% - - -
EPS 1 - -0.2200 0.4400 0.1600 - 0.1600 -0.0400 0.1300 0.0700 0.1200 -0.0600 0.1400 0.1200 0.1200
Dividend per Share - - - - - - 0.3500 - - - - - - -
Announcement Date 8/28/20 4/14/22 4/25/22 8/12/22 8/12/22 10/20/22 4/6/23 4/24/23 8/30/23 10/27/23 4/15/24 - - -
1CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 737 2,137 724 2,636 - 2,896 3,223 3,574
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 3,121 678 878 - 814 850 -
ROE (net income / shareholders' equity) 16.7% 15.2% 3.51% 14.2% - 11% 12.7% 13.8%
ROA (Net income/ Total Assets) 9.22% 9.64% 2.14% 8.43% - 6.41% 7.9% 8.49%
Assets 1 16,316 16,068 17,350 16,338 - 16,125 17,820 16,100
Book Value Per Share 2 4.920 5.590 5.370 4.630 - 4.650 5.130 5.070
Cash Flow per Share 2 1.040 1.910 0.5600 0.6000 - 0.7000 0.6800 0.6700
Capex 1 449 572 419 277 - 350 359 55.9
Capex / Sales 5.59% 5.59% 4.92% 3.61% - 4.11% 3.64% 0.52%
Announcement Date 2/20/20 4/14/21 4/14/22 4/6/23 4/15/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Perfect World Co., Ltd.

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
10.14 CNY
Average target price
12.28 CNY
Spread / Average Target
+21.07%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Internet Gaming

1st Jan change Capi.
PERFECT WORLD CO., LTD. Stock Perfect World Co., Ltd.
-14.36% 2.76B
NETEASE, INC. Stock NetEase, Inc.
+3.04% 61.86B
NEXON CO., LTD. Stock NEXON Co., Ltd.
-3.35% 13.24B
KRAFTON, INC. Stock KRAFTON, Inc.
+18.54% 7.71B
KUNLUN TECH CO., LTD. Stock Kunlun Tech Co., Ltd.
+6.47% 6.68B
37 INTERACTIVE ENTERTAINMENT NETWORK TECHNOLOGY GROUP CO., LTD. Stock 37 Interactive Entertainment Network Technology Group Co., Ltd.
-11.96% 5.04B
SQUARE ENIX HOLDINGS CO., LTD. Stock Square Enix Holdings Co., Ltd.
+13.19% 4.37B
ZHEJIANG CENTURY HUATONG GROUP CO.,LTD Stock Zhejiang Century Huatong Group Co.,Ltd
-20.74% 4.15B
NETMARBLE CORPORATION Stock Netmarble Corporation
-8.26% 3.17B
GIANT NETWORK GROUP CO., LTD. Stock Giant Network Group Co., Ltd.
+1.53% 2.97B
Internet Gaming
  1. Stock Market
  2. Equities
  3. 002624 Stock
  4. Financials Perfect World Co., Ltd.