Perfect World's (SZSE:002624) Problems Go Beyond Weak Profit

A lackluster earnings announcement from Perfect World Co., Ltd. (SZSE:002624) last week didn't sink the stock price. We think that investors are worried about some weaknesses underlying the earnings.

Simply Wall StApr 22 19:00 ET

Jefferies Adjusts Perfect World's Price Target to 11.90 Yuan From 13.70 Yuan, Keeps at Buy

Perfect World (SHE:002624) has an average rating of buy and price targets ranging from 8.30 yuan to 19.20 yuan, according to analysts polled by Capital IQ.

MT NewswiresApr 16 04:09 ET

Perfect World (002624.SZ): Net profit for 2023 decreased by 64.31% to 491 million yuan, and plans to distribute 10 to 4.6 yuan

Gelonghui, April 15 | Perfect World (002624.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 7.791 billion yuan, up 1.57% year on year; net profit attributable to shareholders of listed companies was 491 million yuan, down 64.31% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 210 million yuan, down 69.56% year on year; basic income per share was 0.26 yuan; it plans to distribute a cash dividend of 4.6 yuan (tax included) to all shareholders for every 10 shares.

Gelonghui FinanceApr 15 04:33 ET

Galaxy Securities: The distribution cycle for imported game versions was significantly shortened in April

At present, pessimism has been fully released, and the trend of valuation repair is obvious. Combining AIGC-related technological breakthroughs may increase the productivity level of the entire game industry in the long term.

Zhitong FinanceApr 9 09:03 ET

Capital Allocation Trends At Perfect World (SZSE:002624) Aren't Ideal

When researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll see a declining return on capital employed (ROCE) and a declining amount of capita

Simply Wall StApr 8 18:04 ET

Perfect World (002624.SZ): Did not participate in the construction of an AI chip gigafactory

Gelonghui March 29 | Perfect World (002624.SZ) said on the investor interactive platform that the company did not participate in the construction of an AI chip gigafactory. The company and Nvidia are actively exchanging and cooperating in the fields of AI technology and applications. Specifically, with the Nvidia Omniverse Audio2Face application, ACE platform, ray tracing and DLSS technology, etc., we can shape more exquisite game images, build more realistic digital human interaction and excellent conversation skills, and help game products break new.

Gelonghui FinanceMar 29 09:35 ET