Stocktoria
Xunlei Ltd XNET
Xunlei Ltd (XNET) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $462.4M at a 226.7% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: 3.55 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.117 |
| Retained earnings / assets | 0.552 |
| EBIT / assets | 0.004 |
| Equity / liabilities | 5.295 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| XNET | Xunlei Ltd | 5/9 | 8.16 | 0.3 | +42.5% |
| SPT | Sprout Social, Inc. | 4/9 | -2.61 | — | +12.7% |
| CLBT | Cellebrite DI Ltd. | 4/9 | 2.73 | 43.8 | +18.6% |
| XPER | Xperi Inc. | 2/9 | -1.39 | — | -9.2% |
| ALKT | ALKAMI TECHNOLOGY, INC. | 3/9 | -0.9 | — | +32.9% |
| PRCH | Porch Group, Inc. | 7/9 | -2.21 | — | +10.2% |
| INTA | Intapp, Inc. | 5/9 | 0.19 | — | +17.1% |
About Xunlei Ltd
Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. The company's platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer premium acceleration products through Green Channel and Fast Bird products. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, consume, and store digital media content; and StellarCloud, a distributed cloud computing platform. In addition, the company offers Wefun, an audio live-streaming product that offers users to join various chat rooms based on their favorite topics; and Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator. Further, it provides online games operated through mobile and online game businesses; advertising services; Xunlei Browser that provides video streaming, web browsing, and novel reading; cloud-based implementation for subscription services; cloud computing services; accelerated data transmission services; indexing technology, and distributed file locating system. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is headquartered in Shenzhen, the People's Republic of China.
FAQ
Is XNET financially healthy?
Xunlei Ltd's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does XNET pay a dividend?
No, Xunlei Ltd does not currently pay a dividend.
How profitable is XNET?
In FY2025, Xunlei Ltd had a net margin of 226.7% and a return on equity of 76.3%.
Is XNET overvalued or undervalued?
Xunlei Ltd trades at about 1.5× trailing earnings — below its 10-year norm (10-year range 1.9×–652.6×, median 34.7×). Stocktoria reports the data, not buy/sell advice.
Is XNET a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Xunlei Ltd: a Piotroski F-score of 5/9, an Altman Z″ in the safe zone, a P/E of about 0.3×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.