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Added to YB: 2025-11-07

Pitch date: 2025-11-04

XNET [bullish]

Xunlei Limited

-18.38%

current return

Author Info

Triple S is a professional special situations investor who shares ideas in their newsletter. Sign up for the newsletter.

Company Info

Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China.

Market Cap

$544.9M

Pitch Price

$8.19

Price Target

24.20 (+257%)

Dividend

N/A

EV/EBITDA

3.25

P/E

0.76

EV/Sales

0.95

Sector

Software

Category

value

Show full summary:
Two Chinese Stocks where the Sum of the Parts (SOTP) is Greater Than the Whole - Xunlei Limited

XNET: Owns 8.73% Arashi Vision stake worth ~$1.3B vs $557M market cap - math suggests 3x upside on subsidiary alone. Core biz profitable w/ Q2 $104M rev, Q3 guidance $116-124M (+15.4% QoQ). $205M net cash. Risks: Arashi lockup expiry, ADR delisting threat.

Read full article (2 min)