Saturday 17 October 2026
Export XNET’s income statement to Excel — free account
Xunlei Limited
XNET Technology Software Infrastructure
Xunlei Limited’s revenue for fiscal 2025 (year ended December 2025) was $460.4 million, up 42.5% from fiscal 2024. In the quarter to June 2026, revenue grew 38.7%, EPS fell 129.4%, free cash flow grew 310.0% and total debt fell 16.8%, each against the same quarter a year earlier.
4.20
0.44
−9.48%
Follow XNET
| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.42 | 199.00 | 7.00 | 5.90 | 163.41 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Piotroski F-Score |
5 | 6 | 7 | 6 | 8 | 5 | 1 | 5 | 4 | 5 |
P/S ratio |
0.96 | 0.39 | 0.29 | 0.37 | 0.56 | 1.05 | 1.83 | 0.99 | 5.56 | 1.88 |
Altman Z-Score |
2.23 | 1.23 | 1.27 | 1.33 | 0.99 | 1.20 | 1.55 | 1.74 | 4.56 | 2.15 |
P/FCF ratio |
10.06 | 31.88 | 2.84 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.83 |
Altman Z″-Score (non-manufacturers) |
8.15 | 4.18 | 4.08 | 4.00 | 3.47 | 3.85 | 3.40 | 5.45 | 5.09 | 7.44 |
Beneish M-Score |
3.52 | (2.98) | (2.60) | (2.39) | (2.33) | (2.66) | (2.04) | (2.97) | (1.61) | (2.40) |
P/Operating CF |
13.60 | 4.10 | 7.64 | 9.18 | 9.78 | 14.17 | 24.05 | 16.55 | 80.98 | 19.18 |
P/B ratio |
0.32 | 0.40 | 0.32 | 0.41 | 0.45 | 0.67 | 1.12 | 0.66 | 2.91 | 0.65 |
Price to Tangible BV |
0.34 | 0.41 | 0.35 | 0.45 | 0.50 | 0.75 | 1.25 | 0.73 | 3.13 | 0.70 |
EV/Sales |
0.49 | (0.41) | (0.40) | (0.30) | (0.35) | (0.20) | 0.45 | (0.40) | 3.70 | (0.84) |
EV/EBITDA |
34.19 | 8.37 | 89.53 | 0.00 | 19.50 | 2.03 | 0.00 | 2.07 | 0.00 | 2.83 |
EV/Operating CF |
2.94 | (2.94) | (1.75) | (9.31) | 1.11 | 0.35 | (1.04) | 4.80 | 44.93 | (3.82) |
EV/FCF |
5.16 | (33.03) | (3.90) | 2.31 | 0.69 | 0.25 | (0.67) | 1.41 | (12.05) | (9.71) |
Quick Ratio |
1.79 | 2.53 | 2.37 | 2.26 | 2.21 | 2.69 | 2.63 | 3.14 | 2.91 | 4.24 |
Current Ratio |
1.92 | 2.86 | 2.56 | 2.59 | 2.45 | 2.93 | 2.84 | 3.36 | 3.04 | 4.41 |
Net Debt/EBITDA |
(14.20) | 29.44 | (55.84) | (16.51) | (43.26) | 50.53 | 5.70 | 8.52 | 8.43 | 11.52 |
Debt/Assets |
4.63% | 6.16% | 4.79% | 6.86% | 4.58% | 5.27% | 3.77% | 0.00% | 0.00% | 0.00% |
Debt/Equity |
0.06 | 0.09 | 0.07 | 0.10 | 0.07 | 0.08 | 0.05 | 0.00 | 0.00 | 0.00 |
Asset Turnover |
0.44 | 0.69 | 0.78 | 0.76 | 0.56 | 0.44 | 0.41 | 0.47 | 0.38 | 0.27 |
Operating CF/Net income |
0.03 | 25.49 | 1.81 | 2.38 | 16.36 | 1.01 | 0.86 | 0.91 | 0.38 | (0.70) |
Capex/Depreciation |
(0.59) | (1.19) | (0.74) | (3.93) | (1.39) | (0.91) | (1.15) | (0.84) | (0.94) | (1.65) |
Interest Coverage |
3.90 | (21.57) | (1.06) | 108.23 | (45.51) | (46.29) | (752.29) | (185.48) | (226.78) | (173.65) |
| 124.03% | 0.38% | 4.50% | 7.03% | 0.40% | (4.72%) | (16.62%) | (10.81%) | (9.59%) | (5.67%) | |
| 99.56% | 0.26% | 3.05% | 4.75% | 0.28% | (3.29%) | (12.08%) | (7.94%) | (7.25%) | (4.60%) | |
ROIC |
0.36% | (16.51%) | (1.36%) | 7.92% | (3.26%) | (20.54%) | (76.25%) | (112.11%) | (324.39%) | (104.65%) |
Return on Tangible Assets |
426.11% | 0.42% | 5.49% | 8.08% | 0.51% | (5.54%) | (21.78%) | (14.19%) | (12.05%) | (7.09%) |
Average Days of Receivables |
54.23 | 36.89 | 31.32 | 31.81 | 39.95 | 45.01 | 55.63 | 30.69 | 73.94 | 37.84 |
Research and Development Expense of Revenue |
17.38% | 22.15% | 20.40% | 19.82% | 25.91% | 29.76% | 37.95% | 33.29% | 33.38% | 43.63% |
Selling, General and Administrative Expense of Revenue |
28.48% | 28.06% | 24.85% | 18.90% | 25.73% | 27.89% | 39.16% | 33.02% | 28.12% | 28.97% |
Intangible Assets out of Total Assets |
0.04 | 0.02 | 0.06 | 0.06 | 0.07 | 0.08 | 0.07 | 0.07 | 0.05 | 0.06 |
Share Based Compensation of Revenue |
0.83% | 0.76% | 2.66% | 2.40% | 2.58% | 1.24% | 3.00% | 2.30% | 4.15% | 6.67% |
Graham Net Nets |
0.33 | 1.63 | 1.73 | 1.40 | 1.15 | 0.91 | 0.57 | 1.10 | 0.25 | 1.17 |
Graham Number |
91.21 | 1.06 | 5.06 | 5.74 | 1.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Earnings Yield |
236.67% | 0.50% | 14.29% | 16.96% | 0.61% | (6.92%) | (15.11%) | (17.35%) | (3.39%) | (9.11%) |
Free Cash Flow Yield |
9.94% | 3.14% | 35.18% | (35.18%) | (90.62%) | (77.91%) | (36.86%) | (28.49%) | (5.53%) | 4.58% |
Revenue per Share |
7.39 | 5.07 | 5.57 | 5.08 | 3.57 | 2.76 | 2.67 | 3.44 | 3.02 | 2.10 |
Operating CF per Share |
0.52 | 0.49 | 0.39 | 0.76 | 0.29 | (0.21) | (0.68) | (0.53) | (0.21) | 0.25 |
Capex per Share |
(0.09) | (0.13) | (0.07) | (0.22) | (0.20) | (0.19) | (0.22) | (0.09) | (0.14) | (0.21) |
Free Cash Flow per Share |
0.43 | 0.36 | 0.33 | 0.54 | 0.10 | (0.40) | (0.89) | (0.62) | (0.36) | 0.05 |
Cash per Share |
4.90 | 4.51 | 4.16 | 3.88 | 3.57 | 3.78 | 3.93 | 4.77 | 5.61 | 5.71 |
Shareholders Equity per Share |
22.04 | 4.98 | 4.96 | 4.59 | 4.51 | 4.30 | 4.37 | 5.14 | 5.77 | 6.08 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
22.04 | 4.98 | 4.96 | 4.59 | 4.51 | 4.30 | 4.37 | 5.14 | 5.77 | 6.08 |
Free Cash Flow |
26.84 | 22.74 | 21.24 | 36.14 | 6.40 | (26.80) | (60.18) | (41.35) | (23.62) | 3.12 |
Working Capital |
191.22 | 236.30 | 199.29 | 203.89 | 174.05 | 199.01 | 205.30 | 254.86 | 289.09 | 318.90 |
Capital Expenditures |
(5.64) | (8.23) | (4.48) | (14.97) | (13.08) | (12.89) | (14.53) | (5.74) | (9.40) | (13.85) |
Net Current Asset Value |
140.27 | 206.92 | 182.16 | 177.28 | 154.98 | 177.05 | 187.44 | 251.65 | 280.18 | 308.76 |
EV/EBIT |
34.19 | 8.37 | 89.54 | 0.00 | 19.50 | 2.03 | 0.00 | 2.07 | 0.00 | 2.83 |
Capex to Sales |
0.01 | 0.03 | 0.01 | 0.04 | 0.05 | 0.07 | 0.08 | 0.02 | 0.05 | 0.10 |
Price to Operating Income |
66.61 | 0.00 | 0.00 | 12.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.17 | 0.13 | 0.10 | 0.06 | 0.16 | 0.28 | 0.33 | 0.31 | 0.41 | 0.40 |
Cash ROIC |
1.53% | 3.58% | 3.44% | 6.01% | 1.14% | (4.72%) | (10.43%) | (6.23%) | (3.13%) | 0.40% |
Accounts Receivable Turnover |
9.11 | 10.12 | 11.93 | 12.22 | 9.72 | 7.38 | 7.70 | 7.68 | 7.27 | 10.87 |
Accounts Payable Turnover |
7.48 | 6.56 | 8.05 | 7.72 | 5.04 | 4.13 | 4.27 | 3.19 | 2.83 | 2.90 |
Inventory Turnover |
292.99 | 89.56 | 149.96 | 219.84 | 76.79 | 25.51 | 10.98 | 13.98 | 55.43 | 187.19 |
Average Days of Payables |
63.06 | 53.88 | 44.44 | 46.40 | 81.27 | 81.34 | 88.45 | 71.41 | 154.26 | 152.42 |
Days of Inventory on Hand |
0.61 | 2.94 | 4.04 | 0.83 | 4.19 | 6.80 | 20.23 | 39.97 | 12.01 | 1.71 |
Average Receivables |
50.54 | 31.94 | 30.49 | 27.95 | 24.56 | 25.26 | 23.46 | 30.01 | 27.58 | 12.90 |
Average Payables |
32.46 | 23.70 | 24.93 | 25.92 | 23.53 | 22.43 | 23.42 | 36.22 | 41.60 | 27.56 |
Average Inventory |
0.83 | 1.74 | 1.34 | 0.91 | 1.54 | 3.63 | 9.10 | 8.27 | 2.13 | 0.43 |
Average Assets |
1,052.91 | 471.29 | 466.00 | 452.02 | 428.16 | 420.15 | 440.06 | 494.43 | 521.62 | 524.08 |
Average Common Equity |
845.15 | 320.63 | 315.95 | 305.09 | 296.07 | 292.95 | 319.85 | 363.51 | 394.54 | 425.47 |
Columns are period end dates