XD Inc.
Research XD Inc. (2400.HK) on Bullrun: market cap HKD 19.18B, P/E 12.2. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- Ticker2400.HK
- ExchangeHK
- CountryChina
- SectorCommunication Services
- IndustryElectronic Gaming & Multimedia
- CurrencyHKD
- Market capHKD 19.18B
- P/E12.2
- Financial periodFY2025
- RevenueCNY 5.76B
- Revenue growth15.0%
- Net incomeCNY 1.54B
- Free cash flowCNY 1.39B
- Gross margin73.8%
Valuation Snapshot
latest market cap is HKD 19.18B; P/E is 12.2.
Peer valuation comparison
Latest P/E is 12.2x versus a Communication Services sector median of 15.75x (22.5% below).
Latest P/E is 12.2x versus a China median of 16.26x (25.0% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CNY 5.76B | CNY 1.54B | CNY 1.39B | 73.8% | 3.07 | CNY 3.69B | CNY 122.38M | CNY 3.81B |
| FY2024 | CNY 5.01B | CNY 811.53M | CNY 1.25B | 69.4% | 1.69 | CNY 2.78B | CNY 159.17M | CNY 2.51B |
| FY2023 | CNY 3.39B | -CNY 83.04M | CNY 218.99M | 61.0% | -0.18 | CNY 3.21B | CNY 1.76B | CNY 1.71B |
| FY2022 | CNY 3.43B | -CNY 553.50M | -CNY 418.98M | 53.5% | -1.17 | CNY 3.10B | CNY 2.10B | CNY 1.89B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-18 | HKD 19.18B | 12.2 | n/a | 0.4 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.4 HKD.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.4 CNY |
About XD Inc.
XD Inc., an investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally. It operates through Games and TapTap platform segments. The company operates TapTap, a game community and platform that provides online marketing services to game developers, and game publishers or their agents, as well as provides information services. Its game portfolio comprises online games and premium games.
Related stock research
Other Communication Services stocks
Frequently asked questions
What is XD Inc.'s market cap?
XD Inc.'s market capitalization is HKD 19.18B.
What is XD Inc.'s P/E ratio?
XD Inc.'s price-to-earnings (P/E) ratio is 12.2.
What does XD Inc. do?
XD Inc., an investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally. It operates through Games and TapTap platform segments. The company operates TapTap, a game community and platform that provides online marketing services to game developers, and game publishers or their agents, as well as provides information services. Its game portfolio comprises online games and premium games. In addition, the company is involved in the catering business and invests in game development entities. XD Inc.