Xunlei (ADR) (XNET)
Operates subscription, overseas audio streaming, and sports-media services from its Shenzhen-origin platform.
Something off on this page? Send us feedback.
Provides subscription services for acceleration and cloud-drive offerings, overseas audio live streaming, and the Hupu sports-media platform. The group reports Xunlei and Hupu operating segments, while China operations rely on VIE contractual arrangements.
Provides subscription services for acceleration and cloud-drive offerings, overseas audio live streaming, and Hupu, a sports-media and data platform. The reported Xunlei segment contains the legacy businesses, while Hupu is the acquired second segment. Domestic audio and video live streaming has ceased; audio live streaming continues in overseas markets.
Xunlei's China operations are controlled through contractual VIE arrangements, and competition and pricing pressure shape its cloud acceleration and cloud-computing activities. The platform began as download and transmission acceleration software, and subscription, live-streaming, and Hupu services now define the reported business mix.
Company facts
Categories
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $276.9M · Total debt $57.8M · Total assets $1.18B · Shareholders' equity $983.8M
- Revenue
- $102.3M
- Operating income
- −$4.8M
- Net income
- −$218.8M
No dividends on record.
| Institutions51 holders · as of Mar 31, 2026 | 60.36% | 7.59M ADS | |
| Insiders5 holders · as of Mar 17, 2026 | 95.75% | 12.04M ADS | |
| Adds to | 156.11% |
12.57M ADS (1 ADS = 25 ordinary shares) as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
These groups come from separate filings that can overlap, so they add to 156.11%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Jinbo LiInsiderdirector, officer: Chief Executive Officer | 92.68% | 101.82M ordinary · 7.58M ADS | Form 4filed Mar 17, 2026 ↗ |
Morgan StanleyInstitution | 13.69% | 1.72M ADS | 13Fas of Mar 31, 2026 |
Goldman Sachs Group IncInstitution | 10.21% | 1.28M ADS | 13Fas of Mar 31, 2026 |
State Street CorpInstitution | 8.58% | 1.08M ADS | 13Fas of Mar 31, 2026 |
BlackRock, Inc.Institution | 5.88% | 739,612 ADS | 13Fas of Mar 31, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings · Form 4 — an insider's transaction report
Insider tradesForm 4
Nothing filed in the last 12 months.
- Baidu (ADR)
Cloud-drive storage and high-speed downloads through Baidu Netdisk
- Alibaba Group (ADR)
China CDN and large-file delivery services
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Xunlei (ADR) | $4.76 | −1.35% | $59.8M | — | — | 0.1 | −1.2% |
| Baidu (ADR) | $93.46 | −0.96% | $32.09B | — | 18.6 | 1.7 | +1.1% |
| Alibaba Group (ADR) | $109.65 | −1.94% | $267.95B | 25.5 | 16.8 | 1.7 | +14.8% |
| Median | 25.5 | 17.7 | 1.7 | +7.9% |




