XNET vs CCIX

Comparison between Xunlei Ltd (XNET, Company) and Churchill Capital Corp IX - Class A (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	$312M	$313M
Max Drawdown	96.03%	8.71%
Sharpe Ratio	0.52	-0.09
5Y Beta	1.38	0.05
Industry	Software - Infrastructure	Shell Companies
P/E Ratio	0.30	47.56
Forward P/E	49.02	N/A
PEG Ratio	0.00	N/A
Debt to Equity	3.06%	0.17%
Free Cash Flow Yield	8.68%	-1.09%
P/S Ratio	0.65	N/A
P/B Ratio	0.27	N/A

Market Cap

XNET

$312M

Winner

CCIX

$313M

Max Drawdown

XNET

96.03%

Winner

CCIX

8.71%

Sharpe Ratio

Winner

XNET

0.52

CCIX

-0.09

5Y Beta

XNET

1.38

Winner

CCIX

0.05

Industry

XNET

Software - Infrastructure

CCIX

Shell Companies

P/E Ratio

Winner

XNET

0.30

CCIX

47.56

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

8.68%

CCIX

-1.09%

P/S Ratio

XNET

0.65

CCIX

N/A

P/B Ratio

XNET

0.27

CCIX

N/A

XNET vs CCIX - Historical Returns

Returns include dividend reinvestment.

Period	XNET	CCIX
1 month	-9.33%	+0.00%
3 months	-18.64%	+0.93%
6 months	-11.05%	+2.16%
1 year	+14.96%	+2.88%
5 years(CAGR)	+8.16%	N/A
10 years(CAGR)	-1.11%	N/A
Max(CAGR)	-8.38%	+3.87%

XNET

-9.33%

Winner

CCIX

+0.00%

XNET

-18.64%

Winner

CCIX

+0.93%

XNET

-11.05%

Winner

CCIX

+2.16%

Winner

XNET

+14.96%

CCIX

+2.88%

5Y(CAGR)

XNET

+8.16%

CCIX

N/A

10Y(CAGR)

XNET

-1.11%

CCIX

N/A

Max(CAGR)

XNET

-8.38%

Winner

CCIX

+3.87%

XNET vs CCIX - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	XNET	CCIX
2026	-29.06%	+2.54%
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 -79.33%. The current CCIX drawdown is -5.23%.

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