G-BITS NETWORK TECHNOLOGY (XIAMEN) CO., LTD.

G-bits Network Technology (Xiamen) Co., Ltd.

603444

CNE100002GK7

Internet Services

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-07-07 pm EDT			5-day change	1st Jan Change
166.9 ^CNY	-3.02%		-6.58%	-31.90%

Jul. 02	Tranche Update on G-bits Network Technology Co., Ltd.'s Equity Buyback Plan announced on December 28, 2023.	CI
Apr. 25	Jefferies Adjusts G-bits Network Technology’s Price Target to 226 Yuan From 290 Yuan, Keeps at Buy	MT

Tranche Update on G-bits Network Technology Co., Ltd.'s Equity Buyback Plan announced on December 28, 2023.

July 01, 2024

From April 1, 2024 to June 30, 2024, the company has repurchased 167,300 shares, representing 0.23% for CNY 30.48 million. With this, the company has completed the repurchase of 241,500 shares, representing 0.34% for CNY 44.73 million under the buyback announced on December 28, 2023.

Latest news about G-bits Network Technology (Xiamen) Co., Ltd.

Tranche Update on G-bits Network Technology Co., Ltd.'s Equity Buyback Plan announced on December 28, 2023.	Jul. 01	CI
Jefferies Adjusts G-bits Network Technology’s Price Target to 226 Yuan From 290 Yuan, Keeps at Buy	Apr. 25	MT
G-bits Network Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 23	CI
Tranche Update on G-bits Network Technology Co., Ltd.'s Equity Buyback Plan announced on December 28, 2023.	Apr. 01	CI
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Tranche Update on G-bits Network Technology Co., Ltd.'s Equity Buyback Plan announced on December 28, 2023.	Jan. 02	CI
G-bits Network Technology Co., Ltd. announces an Equity Buyback for CNY 100 million worth of its shares.	Dec. 27	CI
G-bits Network Technology Co., Ltd. authorizes a Buyback Plan.	Dec. 26	CI
Chinese gaming firms unveil share buybacks after regulatory move unnerves investors	Dec. 26	RE
G-bits Network Technology’s Q3 Profit Slumps 43% as Revenue Slides	23-10-25	MT
Jefferies Adjusts G-bits Network Technology’s Price Target to 378 Yuan From 476 Yuan, Keeps at Buy	23-10-25	MT
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2023	23-10-24	CI
Qingci Games Inc. and G-Bits Entered into the 2023 Property Leasing and Administrative Services Framework Agreement for the Group	23-10-17	CI
Jefferies Adjusts G-bits Network Technology's Price Target to 476 Yuan From 507 Yuan, Keeps at Buy	23-08-21	MT
G-bits Network Technology Xiamen Logs Single-Digit Earnings Drop in H1; Shares Fall 4%	23-08-16	MT
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-08	CI
G-bits Network Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-26	CI
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-30	CI
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2022	22-10-26	CI
US Game Software Firm Unity Forms $1 Billion JV With Alibaba, China Mobile, Others	22-08-10	MT
Unity Software Sets Up China Joint Venture With Local Partners	22-08-10	DJ
G-bits Network Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-08	CI
Tencent, NetEase Excluded Again From China's Latest Wave of Game Approvals	22-08-02	MT
China’s Video Game Revenue Growth Eases in Q1	22-04-25	MT
G-bits Network Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-22	CI

Chart G-bits Network Technology (Xiamen) Co., Ltd.

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Company Profile

G-bits Network Technology Xiamen Co Ltd is a China-based company mainly engaged in the development and operation of online games. The Company is mainly engaged in five businesses. The game product business is engaged in the independent operation, authorized operation and joint operation of online games and mobile games. The overseas business is engaged in the testing and distribution of overseas products. The investment business is engaged in investment in game-related companies and industrial funds. The intellectual property (IP) incubation business is engaged in the IP operation of various carriers such as online novels, animation, film and television. The Internet publishing service business provides Internet subject access and product compliance approval and operation services, legal and intellectual property services, and Internet industry policy research and judgment services.

Sector

Internet Services

Calendar

2024-08-12 - Q2 2024 Earnings Release (Projected)

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Ratings for G-bits Network Technology (Xiamen) Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

166.9 CNY

Average target price

241.7 CNY

Spread / Average Target

+44.79%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Internet Gaming

	1st Jan change	Capi.
G-BITS NETWORK TECHNOLOGY (XIAMEN) CO., LTD.	-31.90%	1.65B
NETEASE, INC.	-1.53%	59.12B
NEXON CO., LTD.	+25.90%	16.19B
KRAFTON, INC.	+43.60%	9.04B
KUNLUN TECH CO., LTD.	-20.64%	5B
37 INTERACTIVE ENTERTAINMENT NETWORK TECHNOLOGY GROUP CO., LTD.	-34.34%	3.74B
SQUARE ENIX HOLDINGS CO., LTD.	-5.17%	3.48B
ZHEJIANG CENTURY HUATONG GROUP CO.,LTD	-37.21%	3.28B
NETMARBLE CORPORATION	-4.13%	3.3B
PLAYTIKA HOLDING CORP.	-14.45%	2.77B

Internet Gaming

G-bits Network Technology (Xiamen) Co., Ltd.

Equities

603444

CNE100002GK7

Internet Services

Tranche Update on G-bits Network Technology Co., Ltd.'s Equity Buyback Plan announced on December 28, 2023.

EPS Revisions