Net263

Net263

Net263 is a company who provides integrated communication services in China. Learn more

Launch date
Employees
Market cap
$615m
Enterprise valuation
$512m (Public information from Sep 2024)
Beijing China (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
CNY2019202020212022202320242025
Revenues1.0b970m891m895m890m1.0b1.1b
% growth-(4 %)(8 %)-(1 %)13 %7 %
EBITDA327m567m185m145m176m141m150m
% EBITDA margin32 %58 %21 %16 %20 %14 %14 %
Profit175m348m33.4m32.0m(255m)121m130m
% profit margin17 %36 %4 %4 %(29 %)12 %12 %
EV / revenue6.5x7.5x6.6x6.7x6.5x5.4x5.0x
EV / EBITDA20.2x12.9x31.9x41.1x32.9x38.4x36.1x
R&D budget118m106m110m110m88.6m--
R&D % of revenue12 %11 %12 %12 %10 %--
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DateInvestorsAmountRound
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IPO
Total Funding-

Recent News about Net263

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Net263, founded in 1997, is a prominent player in the Chinese telecommunications and internet service provider (ISP) market. The company initially launched the first domestic dial-up internet access service with caller billing and has since evolved to offer a wide range of communication solutions. Net263 primarily serves enterprise clients, providing services such as teleconferencing, VoIP (Voice over Internet Protocol), and multiparty call services. The company operates in the highly competitive telecommunications market in China, focusing on value-added services that enhance corporate communication efficiency. Net263's business model revolves around subscription-based services and usage fees, generating revenue through its extensive portfolio of communication solutions. The company has also expanded its footprint internationally, investing in iTalkBB, a VoIP operator in the United States, to cater to overseas Chinese communities. Listed on the Shenzhen Stock Exchange since 2010, Net263 continues to innovate and adapt to the evolving needs of its clients.

Keywords: enterprise communication, teleconferencing, VoIP, multiparty calls, ISP, China, telecommunications, value-added services, corporate clients, international expansion.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
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