XNET — Stock Film
STOCK FILMSCENE 1/11XNET · $4.90
Stock Expert AI presents
XNET
Xunlei Limited
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Xunlei Limited. What it actually does.

Operates an internet platform for digital media content in China. Provides Xunlei Accelerator for high-speed digital transmission over the internet. Now — the numbers.

on the stock market since 2014
1,306 employees
$61.6M market value
WHERE DOES THE MONEY COME FROM?
51%Live streaming revenue
Live streaming revenueSubscription revenue 49%
51% of all revenue comes from a single line: Live streaming revenue.

The biggest line carries real weight, but it doesn’t decide everything on its own.

Revenue last year:
$461.6M
The net profit left over:
$1.1B
Last year the company reported more profit than sales — a one-off gain, not the operating business.
THE SLICE THAT TURNS INTO PROFIT: 228%

This is an established company with proven profits.

THE SALES TREND
Sales are growing overall, with a pause along the way.

Average growth of 18% a year over the last 4 years. Every year shown ended in profit.

$238.8M
2021
2022
2023
2024
$461.6M
2025
Cash on hand:
$305.2M
Total debt:
$77.4M
The cash outweighs the debt.

If every debt were paid off today, $227.8M would still be left in the vault — a solid cushion for hard times.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
59
average

Profit indicators sit around the sector average.

FINANCIAL STRENGTH
57
average

The cash pile is strong; debt and other items pull the grade toward the middle.

VALUATION
52
average

The price isn’t cheap next to earnings — that’s why this grade sits in the middle.

GROWTH
81
very strong

Sales are growing strongly for its sector.

PRICE MOMENTUM
35
weak

Clearly below the class average.

WORTH WATCHING

Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 55% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/2
Sales keep climbing

Over the last 4 years, sales grew about 18% a year on average.

2
THE BRIGHT SIDE · 2/2
Strong cash, light debt

There is $305.2M in the vault; even if every debt were paid off, $227.8M would remain.

1
THE RISKS · 1/1
The stock has lost its spark

Buyers haven’t stepped back in yet; the price hasn’t found its footing. Report-card grade: 35/100. For a turnaround signal, the stock first needs to close the gap with the market.

FINALE · THE GRADE
B
58 / 100 · MoonshotScore

On our five-subject report card, XNET sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.

The takeaway: XNET is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s what that quality should cost.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: earnings execution.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film