What does G-bits Network Technology (Xiamen) do?

G-bits makes and runs online games that people play on computers and mobile phones. Its players are mainly in mainland China, Hong Kong, Macao and Taiwan. It also helps other game studios publish their games and gives them consulting advice.

What is G-bits Network Technology (Xiamen)'s fair value?

On an owner-earnings DCF, G-bits Network Technology (Xiamen)'s most-likely fair value is about ¥849, versus a recent price near ¥345. A margin-of-safety estimate, not a price target. Analysis, not advice.

Communication Services · Electronic Gaming & Multimedia · 603444.SS

What G-bits Network Technology (Xiamen) (吉比特) Does & How It Makes Money (603444.SS)

Updated October 2026 · reflects G-bits Network Technology (Xiamen)'s latest reported financials

Chinese developer, operator and publisher of PC and mobile online games. It earns most of its money from operating its own PC and mobile online games for players.

G-bits Network Technology (Xiamen)'s story, moat and numbers — in a 3-minute visual book.

Explore G-bits Network Technology (Xiamen) on TacticScale →

How G-bits Network Technology (Xiamen) makes money

It earns most of its money from operating its own PC and mobile online games for players. It also earns fees from publishing and consulting services for outside game developers.

What G-bits Network Technology (Xiamen) does

G-bits Network Technology (Xiamen) Co., Ltd. develops and operates online games for PC and mobile. Its main markets are mainland China, Hong Kong, Macao and Taiwan. Founded in 2004 and based in Xiamen, it belongs to the electronic gaming and multimedia industry within Communication Services. Besides running its own games, the company publishes games for other studios and offers them consulting services. This means it earns from both its own titles and third-party titles.

Products & services

PC online games
Mobile online games
Game publishing services
Game consultation services for developers

吉比特是做什么的？

吉比特网络技术（厦门）股份有限公司成立于2004年，总部位于厦门，从事网络游戏的研发与运营，产品涵盖电脑端和手机端网络游戏，主要市场为中国大陆及港澳台地区。除运营自研游戏外，公司还为其他游戏开发商提供发行和咨询服务，业务同时覆盖自研游戏和第三方游戏。

What is G-bits Network Technology (Xiamen) worth?

On an owner-earnings DCF, G-bits Network Technology (Xiamen)'s most-likely value is about ¥849 versus a recent price near ¥345 (59% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~¥307) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Fairly priced — no edge

Owner-earnings fair value · recent price ≈ ¥345

Fair value (most likely)

¥849

Range

¥484–¥1,726

No-growth floor

¥307

Price

~¥345

Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Communication Services Industry Electronic Gaming & Multimedia HQ China Ticker 603444.SS Official site

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