XNET vs CCIX

Comparison between Xunlei Ltd (XNET, Company) and Churchill Capital Corp IX (CCIX, Company).

XNET is from the Technology sector, while CCIX is from the Financial Services sector.

XNET vs CCIX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XNET(COMPANY)	CCIX(COMPANY)
Market Cap	$311M	$311M
Max Drawdown	96.03%	8.71%
Sharpe Ratio	0.08	-0.39
5Y Beta	1.34	0.05
Industry	Software - Infrastructure	Shell Companies
P/E Ratio	0.30	47.21
Forward P/E	49.02	N/A
PEG Ratio	0.00	N/A
Debt to Equity	3.06%	0.17%
Free Cash Flow Yield	8.74%	-1.10%
P/S Ratio	0.63	N/A
P/B Ratio	0.26	1.32

Market Cap

Winner

XNET

$311M

CCIX

$311M

Max Drawdown

XNET

96.03%

Winner

CCIX

8.71%

Sharpe Ratio

Winner

XNET

0.08

CCIX

-0.39

5Y Beta

XNET

1.34

Winner

CCIX

0.05

Industry

XNET

Software - Infrastructure

CCIX

Shell Companies

P/E Ratio

Winner

XNET

0.30

CCIX

47.21

Forward P/E

XNET

49.02

CCIX

N/A

PEG Ratio

XNET

0.00

CCIX

N/A

Debt to Equity

XNET

3.06%

Winner

CCIX

0.17%

Free Cash Flow Yield

Winner

XNET

8.74%

CCIX

-1.10%

P/S Ratio

XNET

0.63

CCIX

N/A

P/B Ratio

Winner

XNET

0.26

CCIX

1.32

XNET vs CCIX - Historical Returns

Returns include dividend reinvestment.

Period	XNET	CCIX
1 month	-12.10%	+0.37%
3 months	-20.27%	+1.79%
6 months	-22.75%	+2.37%
1 year	-3.86%	+1.98%
5 years(CAGR)	+0.70%	N/A
10 years(CAGR)	-1.10%	N/A
Max(CAGR)	-8.38%	+3.92%

XNET

-12.10%

Winner

CCIX

+0.37%

XNET

-20.27%

Winner

CCIX

+1.79%

XNET

-22.75%

Winner

CCIX

+2.37%

XNET

-3.86%

Winner

CCIX

+1.98%

5Y(CAGR)

XNET

+0.70%

CCIX

N/A

10Y(CAGR)

XNET

-1.10%

CCIX

N/A

Max(CAGR)

XNET

-8.38%

Winner

CCIX

+3.92%

XNET vs CCIX - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	XNET	CCIX
2026	-27.96%	+1.98%
2025	+237.62%	+3.20%
2024	+23.60%	+2.69%
2023	-13.83%	N/A
2022	-11.22%	N/A
2021	-33.22%	N/A
2020	-40.90%	N/A
2019	+33.15%	N/A
2018	-79.76%	N/A
2017	+289.62%	N/A
2016	-49.34%	N/A
2015	-5.50%	N/A
2014	-51.01%	N/A

XNET vs CCIX Drawdown Comparison

The maximum drawdown for XNET was -96.03%, occurring on Nov 3, 2022. This drawdown has not yet recovered.

The maximum drawdown for CCIX was -8.71%, occurring on Sep 30, 2025. This drawdown has not yet recovered.

The current XNET drawdown is -79.00%. The current CCIX drawdown is -5.75%.

Rank	XNET	CCIX
#1	-96.03% Nov 24, 2017 - Nov 3, 2022	-8.71% May 14, 2025 - Sep 30, 2025
#2	-79.36% Jun 25, 2014 - Nov 20, 2017	-2.52% Dec 18, 2024 - Jan 6, 2025
#3	N/A	-2.25% Apr 7, 2025 - Apr 29, 2025
#4	N/A	-2.18% Jan 6, 2025 - Feb 21, 2025
#5	N/A	-1.74% May 2, 2025 - May 12, 2025
#6	N/A	-1.67% Apr 2, 2025 - Apr 7, 2025
#7	N/A	-1.58% Mar 31, 2025 - Apr 2, 2025
#8	N/A	-1.29% May 12, 2025 - May 14, 2025
#9	N/A	-1.24% Dec 12, 2024 - Dec 18, 2024
#10	N/A	-0.47% Feb 27, 2025 - Mar 4, 2025
#11	N/A	-0.45% Jun 25, 2024 - Oct 18, 2024
#12	N/A	-0.38% Nov 29, 2024 - Dec 5, 2024
#13	N/A	-0.38% Mar 10, 2025 - Mar 14, 2025
#14	N/A	-0.37% Mar 18, 2025 - Mar 26, 2025
#15	N/A	-0.29% Dec 5, 2024 - Dec 11, 2024