002624.SHE Perfect World Co Ltd
- Market cap
- CNY 20.9B
- P/E
- 41.4x
- P/B
- 2.71x
- ROE
- 7.3%
- Dividend yield
- 2.08%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002624.SHE undervalued?
Graham number002624.SHE trades 123.5% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Perfect World Co Ltd fundamental analysis
No fundamental analysis for Perfect World Co Ltd yet.
Perfect World Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Perfect World Co Ltd
Perfect World Co., Ltd. engages in the research and development, distribution, and operation of online games in China and internationally. It is involved in developing film and television businesses, including TV series and short drama production. The company was formerly known as Perfect World Pictures Co., Ltd. and changed its name to Perfect World Co., Ltd. in July 2016. Perfect World Co., Ltd. was founded in 1999 and is based in Beijing, China.
Full company profilePerfect World Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Perfect World Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 6.16B | 7.93B | 8.03B | 8.04B | 10.2B | 8.52B | 7.67B | 7.79B | 5.57B | 6.66B | 6.82B |
| Gross Profit | 3.75B | 4.55B | 4.48B | 4.90B | 6.17B | 5.24B | 5.25B | 4.65B | 3.22B | 4.01B | 4.74B |
| Operating Income | 1.21B | 1.59B | 1.89B | 1.34B | 1.63B | 149M | 1.47B | 896M | -1.13B | 1.09B | 631M |
| EBITDA | 1.21B | 1.91B | 1.60B | 1.30B | 1.77B | 555M | 1.26B | 601M | -704M | 1.23B | 806M |
| Net Income | 1.17B | 1.50B | 1.71B | 1.50B | 1.55B | 369M | 1.38B | 491M | -1.29B | 731M | 516M |
| EPS | 0.64 | 0.76 | 0.87 | 0.77 | 0.80 | 0.19 | 0.72 | 0.26 | -0.68 | 0.38 | 0.27 |
| Balance Sheet | |||||||||||
| Total Assets | 16.3B | 16.6B | 16.0B | 16.6B | 17.7B | 17.0B | 15.6B | 14.5B | 11.4B | 10.5B | 11.0B |
| Total Liabilities | 7.84B | 7.80B | 6.67B | 6.55B | 6.48B | 6.54B | 6.16B | 5.06B | 4.50B | 3.53B | 4.14B |
| Shareholders' Equity | 7.21B | 7.96B | 8.44B | 9.46B | 10.8B | 10.3B | 9.16B | 8.96B | 6.75B | 7.13B | 7.08B |
| Cash & Short-term Investments | 7.59B | 5.50B | 5.19B | 4.77B | 4.70B | 4.43B | 3.05B | 3.34B | 3.25B | 3.55B | 3.18B |
| Total Debt | 2.47B | 1.12B | 2.06B | 1.36B | 2.98B | 2.71B | 2.28B | 1.90B | 636M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 1.15B | 804M | -130M | 2.02B | 3.69B | 1.10B | 1.16B | 762M | 577M | 1.09B | - |
| Capital Expenditure | 168M | 194M | 141M | 449M | 572M | 419M | 277M | 526M | 353M | 294M | 198M |
| Free Cash Flow | 986M | 611M | -271M | 1.57B | 3.12B | 678M | 878M | 236M | 224M | 799M | 1.38B |
| Ratios | |||||||||||
| ROE | 16.2% | 18.9% | 20.2% | 15.9% | 14.3% | 3.6% | 15.0% | 5.5% | -19.1% | 10.3% | 7.3% |
| ROA | 7.2% | 9.1% | 10.7% | 9.0% | 8.8% | 2.2% | 8.8% | 3.4% | -11.3% | 7.0% | 4.7% |
| Net Profit Margin | 18.9% | 19.0% | 21.2% | 18.7% | 15.1% | 4.3% | 18.0% | 6.3% | -23.1% | 11.0% | 7.6% |
| Debt to Equity | 0.34x | 0.14x | 0.24x | 0.14x | 0.27x | 0.26x | 0.25x | 0.21x | 0.09x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Perfect World Co Ltd dividends
- Dividend yield
- 2.08%
- Forward dividend
- 0.33 CNY
- Payout ratio
- 59.4%
- Ex-dividend date
- Jun 4, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 434M | 0.22 | 59.4% |
| 2024 | CNY 883M | 0.47 | - |
| 2023 | CNY 678M | 0.36 | 137.9% |
| 2022 | CNY 2.29B | 1.20 | 166.3% |
| 2021 | CNY 310M | 0.16 | 84.0% |
| 2020 | CNY 310M | 0.16 | 20.0% |
| 2019 | CNY 233M | 0.12 | 15.5% |
| 2018 | CNY 462M | 0.23 | 27.1% |
| 2017 | CNY 369M | 0.19 | 24.5% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.5:1 on Jul 21, 2020.
Who owns Perfect World Co Ltd
- Insiders 31.94%
- Institutions 8.62%
- Public & others 59.44%
- Shares outstanding 1.94B
- Free float 1.36B
Perfect World Co Ltd company profile
- Company name
- Perfect World Co Ltd
- Ticker
- 002624.SHE
- ISIN
- CNE1000018W6
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Oct 28, 2011
- Sector
- Communication Services
- Industry
- Entertainment
- Employees
- 3,333
- Fiscal year end
- December
- Address
- Perfect World Tower A, Building 4, Beijing, China, 100102
- Phone
- 86 10 5780 6688
- Website
- pwrd.com
About Perfect World Co Ltd
Perfect World Co., Ltd. engages in the research and development, distribution, and operation of online games in China and internationally. It is involved in developing film and television businesses, including TV series and short drama production. The company was formerly known as Perfect World Pictures Co., Ltd. and changed its name to Perfect World Co., Ltd. in July 2016. Perfect World Co., Ltd. was founded in 1999 and is based in Beijing, China.
Perfect World Co Ltd management
4- Mr. Li Ming GuChief Executive Officer · born 1968
- Mr. Xiangyu WangVP & CFO · born 1980
- Ms. Jun MaVP & Secretary · born 1977
- Lucia YangAccounting Supervisor