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Chinese Internet Companies Climbing
Apr
29
Written by:
4/29/2009 3:25 PM
Chinese Internet Companies
Climbing
A number of Chinese Internet companies are outpacing the rest of the market
higher with Netease (NTES) reaching a new 52 week high at the highest point
today. Other companies to watch include Shanda (SNDA), Baidu (BIDU) and Sina
(SINA).
Online gaming in China is very much growing with a 63% increase in revenue in
2008 compared to the revenue generated in 2007. The big two China gaming
companies are Netease and Shanda with Netease's Fantasy Westward Journey being
the most popular online game in the country. Baidu is a search company, the
Chinese Google, while Sina is a combination of five different online companies
with a focus on media. The companies each saw revenue for the past year in the
range of $370 million to $522 million.
Netease (NTES)
Netease has a current price/earnings ratio around 30 while the revenue for
the year is growing at 18% and the earnings expanding at a rate of 12%. If you
feel there is clear earnings growth beyond the current 12%, NTES could be a
decent China play for your portfolio. Analyst are pushing their estimates higher
to a small degree which bodes well for some contained price action higher.
31 comment(s) so far...
Re: Chinese Internet Companies Climbing
This is great news for the Chinese web industry. I wonder if this will have an impact on the rest of the world in some way?
By Cool Gifts on
4/30/2009 10:08 AM
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Re: Chinese Internet Companies Climbing
What about Indian companies? Any info?
By Channing on
5/2/2009 1:29 AM
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Re: Chinese Internet Companies Climbing
its good that in credit crisis Chinese companies are growing at such rate
By Miami Web Design on
5/2/2009 5:49 AM
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Re: Chinese Internet Companies Climbing
China indeed are expanding on the software era.They have pretty much talents in their country.
By Singapore Property on
5/4/2009 1:38 AM
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Re: Chinese Internet Companies Climbing
Netease justed pushed through to a new high. These stocks look really good if they are a little overbought.
By Steve on
5/4/2009 10:20 PM
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Re: Chinese Internet Companies Climbing
No wonder Chinese Internet companies are booming. With the government controlling all content, I assume they have very little competition, compared to what they could have were the laws more tolerant. And the market is HUGE. A huge untapped resource.
These companies have the place to grow, don't really need to worry about local competition, can focus on growth rather than on marketing.
By Setai Miami on
5/6/2009 8:19 AM
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Re: Chinese Internet Companies Climbing
Chinese companies are growing very fast despite crisis from wich all other countries ONLY suffering! they know how to offer their products on foreign markets even though the quality of these product is far worse than local one's!
By av chat flash on
5/22/2009 4:11 AM
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Re: Chinese Internet Companies Climbing
These are great news for the Chinese web industry.
By free online games on
11/22/2009 3:07 PM
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Re: Chinese Internet Companies Climbing
chinese companies are growing each day and they have the biggest potencial in the world. There are great companies in China
By la maca andina on
12/8/2009 2:35 PM
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Re: Chinese Internet Companies Climbing
this is great for China!
By virginia web design on
12/8/2009 2:50 PM
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Re: Chinese Internet Companies Climbing
Chinese companies are growing more and more and not think they will stop, is the new world power
By aceite de onagra on
12/15/2009 11:45 AM
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Re: Chinese Internet Companies Climbing
The chart looks horrible but I think there is still promise like you mention in you comment.
By Steve on
12/15/2009 12:04 PM
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Re: Chinese Internet Companies Climbing
Thanks for the precious information as I’ve never been so excited about the theme like that.
By autistic spectrum disorder on
12/23/2009 8:34 AM
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Re: Chinese Internet Companies Climbing
Chinese companies are developing very fast! They have always been ahead of other countries in many spheres! My respect for you! The blog was great, thank you for it!
By concrete floor coverings on
12/24/2009 11:27 AM
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Re: Chinese Internet Companies Climbing
Wonderful article, thanks for putting this together! This is obviously one great post. Thanks for the valuable information and insights you have so provided here.
(Links removed by Admin)
By www.alergia.es on
1/1/2010 9:02 PM
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Re: Chinese Internet Companies Climbing
go China...this is awesome
By hampton pizza restaurant on
1/28/2010 9:38 AM
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Re: Chinese Internet Companies Climbing
Yes, China will go stronger.
By registry cleaner reviews on
2/6/2010 5:41 AM
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Re: Chinese Internet Companies Climbing
Yap These are great news for the Chinese web industry.
By free games online on
2/18/2010 6:26 AM
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Re: Chinese Internet Companies Climbing
Thanks for the review. I think, this is great news for the Chinese web industry.
By us drugstore on
3/13/2010 2:02 PM
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Re: Chinese Internet Companies Climbing
The posts of your resource are so much inspiring and unique that I think you will earn thousands bucks in the future.
By web design orange county on
3/30/2010 7:59 AM
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Re: Chinese Internet Companies Climbing
Thanks for the review. Good to know what is going in in the Chinese Web Industry
By Miami Web Design on
6/21/2010 2:31 PM
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Re: Chinese Internet Companies Climbing
good for you china!
By suffolk window cleaning on
6/28/2010 4:45 PM
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Re: Chinese Internet Companies Climbing
I am sure China will progress very fast in IT. Also this would be great.
By Property management on
11/15/2010 9:01 AM
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Re: Chinese Internet Companies Climbing
Nice review, China is very promising country..
By apotek online dk on
6/5/2011 2:42 PM
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Re: Chinese Internet Companies Climbing
I think this is just another bubble, nothing more.
By Rewards Credit Cards on
6/21/2011 1:13 PM
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Re: Chinese Internet Companies Climbing
Netease price ratios are really great to know. I liked that you have shared the information.
By Aluminium Windows on
7/20/2011 11:51 PM
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their estimates higher to a small degree which bodes well for some contained price action higher.
By medical billing registration on
7/28/2011 3:00 AM
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Re: Chinese Internet Companies Climbing
These stocks look really good if they are a little overbought.
By coding certified on
8/8/2011 1:32 AM
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can focus on growth rather than on marketing.
By Top Rated Electric Cigarette on
8/9/2011 1:08 PM
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Seo Orlando
really need to worry about local competition, can focus on growth rather than on marketing.
By Seo Orlando on
1/27/2012 8:24 AM
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Re: Chinese Internet Companies Climbing
BIDU is really improving they are really helping to get more business, i really appreciate that you came up with such a great points. :)
By Obesity Treatment on
2/3/2012 3:56 AM
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