500.Com (WBAI) Stock Price

500.Com Price

Delisted

Revenue at 500.Com has contracted by 42.1% per year over the past 6 years to 21.82 M CNY. For 500.Com, the net margin of -1,023.3% is up versus -3,859.4% a few years ago.

500.Com stock price

Volume
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Stock Price

How to Read This Chart

This chart tracks the historical stock price of 500.Com over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how 500.Com stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing 500.Com's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

500.Com Stock Price History
Date500.Com Price
Access this data via the Eulerpool API

500.Com Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2014
579.72 M CNY
152.75 M CNY
157.05 M CNY
Jan 1, 2015
99.55 M CNY
-301.41 M CNY
-323.90 M CNY
Jan 1, 2016
5.26 M CNY
-368.18 M CNY
-202.97 M CNY
Jan 1, 2017
71.86 M CNY
-338.53 M CNY
-317.10 M CNY
Jan 1, 2018
126.09 M CNY
-344.49 M CNY
-451.67 M CNY
Jan 1, 2019
39.69 M CNY
-331.24 M CNY
-651.27 M CNY
Jan 1, 2020
21.82 M CNY
-190.79 M CNY
-223.23 M CNY

500.Com Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 20, 2026, 5:42 PM
 
REVENUEM CNY
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM CNY
EBITM CNY
EBIT MARGIN%
NET INCOMEM CNY
NET INCOME GROWTH%
SHARESM
2014201520162017201820192020
579.0099.005.0071.00126.0039.0021.00
-82.90-94.951,320.0077.46-69.05-46.15
90.6775.76-140.0047.8936.51-48.7223.81
525.0075.00-7.0034.0046.00-19.005.00
152.00-301.00-368.00-338.00-344.00-331.00-190.00
26.25-304.04-7,360.00-476.06-273.02-848.72-904.76
157.00-323.00-202.00-317.00-451.00-651.00-223.00
-305.73-37.4656.9342.2744.35-65.75
357.85385.59414.87408.31418.91428.47430.01
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales 500.Com generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue 500.Com retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare 500.Com's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares 500.Com has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against 500.Com's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

500.Com stock margins

The 500.Com margin analysis displays the gross margin, EBIT margin, as well as the profit margin of 500.Com. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for 500.Com.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2014
90.70 %
26.35 %
27.09 %
Jan 1, 2015
75.54 %
-302.76 %
-325.35 %
Jan 1, 2016
-142.42 %
-7,001.01 %
-3,859.38 %
Jan 1, 2017
47.84 %
-471.11 %
-441.29 %
Jan 1, 2018
36.54 %
-273.21 %
-358.22 %
Jan 1, 2019
-49.69 %
-834.62 %
-1,640.97 %
Jan 1, 2020
23.11 %
-874.59 %
-1,023.27 %

500.Com Stock Revenue, EBIT, Earnings per Share

The 500.Com earnings per share therefore indicates how much revenue 500.Com has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2014
1.62 CNY
0.43 CNY
0.44 CNY
Jan 1, 2015
0.26 CNY
-0.78 CNY
-0.84 CNY
Jan 1, 2016
0.01 CNY
-0.89 CNY
-0.49 CNY
Jan 1, 2017
0.18 CNY
-0.83 CNY
-0.78 CNY
Jan 1, 2018
0.30 CNY
-0.82 CNY
-1.08 CNY
Jan 1, 2019
0.09 CNY
-0.77 CNY
-1.52 CNY
Jan 1, 2020
0.05 CNY
-0.44 CNY
-0.52 CNY

500.Com business model & stock analysis

500.com Ltd is a Chinese company that was founded in 2001 and has been listed on the New York Stock Exchange since 2013. The company's founders had a clear vision, namely to revolutionize online gambling and create a bridge between players and lottery operators. 500.com Ltd is a leading online lottery provider in China. Based in Shenzhen, the company offers a wide range of online lottery products and services. Under the name 500.com, it operates various platforms, including the eponymous portal 500.com. This is one of the most visited Chinese websites for managing lottery tickets, accessible in various regions and provinces of China. The company's main activities include acquiring lottery agents and advertising lottery products through digital channels. 500.com Ltd relies on experienced distribution partners and channel strategies to expand its business. Profits are generated through the sale of lottery tickets. Another significant focus of 500.com is providing online and offline advertising services for clients. These include trading strategies and models to achieve optimal results for customers. 500.com has established itself as a reliable partner for many companies in this field. With the development of technologies and e-commerce systems, 500.com Ltd is also able to offer forward-looking payment solutions based on the different needs of customers and users. 500.com focuses on improving the user-friendliness and accessibility of services in this regard. Today, the company offers a wide range of products, including sports betting, bingo, casino, and slot games. 500.com also aims to provide innovative products and services that better meet the requirements of its customers. Among its innovations are the use of new technologies such as big data, cloud computing, artificial intelligence (AI), and blockchain technology. In recent years, 500.com Ltd has experienced strong revenue growth, supported by high demand for online lottery products and services. The company expects high growth potential in the future given the immense size of the Chinese gambling market. However, the company has also faced some challenges in the past. In 2015, for example, it was almost completely pushed out of the market in China, as the government announced a ban on online lottery ticket sales. Nevertheless, through continuous improvements in its business model and portfolio, successful partnerships, and the introduction of new technologies, the company and its team have been able to maintain a strong position in the Chinese market. Overall, 500.com Ltd has established itself as an advanced, innovative, and growing company that offers a wide range of services and products. It has excellent knowledge of the Chinese online lottery market and strong relationships with clients and suppliers. The company is thus a valuable resource for individuals and businesses looking to enter the online lottery market, as well as for players and lottery operators alike.

500.Com SWOT Analysis

Strengths

1. Strong market position: 500.Com Ltd holds a significant market share in the online gaming industry due to its established brand and extensive customer base.

2. Diverse product portfolio: The company offers a wide range of online gaming services, including sports betting, casino games, and lottery games, which appeals to a diverse customer base.

3. Technological expertise: 500.Com Ltd has a strong focus on technology innovation, enabling it to provide cutting-edge gaming platforms and secure payment systems to its customers.

Weaknesses

1. Legal and regulatory challenges: The company operates in a highly regulated industry, facing legal and compliance issues in various jurisdictions, resulting in increased costs and business uncertainties.

2. Dependence on government policies: 500.Com Ltd's operations are significantly influenced by changes in government policies related to online gambling, which may limit its expansion opportunities or even pose a threat to its existing operations.

3. Limited geographical presence: Despite being a major player in the Chinese market, the company has limited international presence, making it vulnerable to fluctuations in the domestic market or dependence on a single geographical region.

Opportunities

1. Growing online gaming market: The global online gaming market is expected to witness significant growth, presenting an opportunity for 500.Com Ltd to expand its customer base and revenue streams.

2. Mobile gaming adoption: With the increasing usage of smartphones and tablets, the shift towards mobile gaming provides the company with opportunities to develop and offer mobile-friendly gaming platforms and attract a larger audience.

3. Potential expansion into new markets: By exploring partnerships and licenses, 500.Com Ltd can potentially enter new markets, diversifying its revenue sources and reducing dependence on the Chinese market.

Threats

1. Intense competition: The online gaming industry is highly competitive, with numerous local and international players vying for market share, which can potentially impact 500.Com Ltd's profitability and growth.

2. Cybersecurity risks: As an online platform, 500.Com Ltd faces the constant threat of cyber attacks, which can result in data breaches or disruptions in its services, leading to reputational damage and loss of customer trust.

3. Economic downturns: Economic fluctuations, recessions, or financial crises can negatively impact consumer spending on online gaming, potentially affecting 500.Com Ltd's revenue and profitability.

500.Com Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

500.Com historical P/E ratio, EBIT multiple, and P/S ratio

500.Com annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

500.Com shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2014
357.85 M Stocks
Jan 1, 2015
385.59 M Stocks
Jan 1, 2016
414.87 M Stocks
Jan 1, 2017
408.31 M Stocks
Jan 1, 2018
418.91 M Stocks
Jan 1, 2019
428.47 M Stocks
Jan 1, 2020
430.01 M Stocks
Price targets and forecasts for 500.Com are not yet available.

500.Com Analyst Rating Actions

DateFirmActionRatingReliability
5/22/2015
Deutsche Bank
Deutsche Bank
MaintainedSell39
2/27/2015
Deutsche Bank
Deutsche Bank
DowngradeBuyHold39
2/24/2015
86 Research
86 Research
MaintainedAccumulateBuy

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Frequently asked questions about 500.Com

The business model of 500.Com Ltd is centered around providing online lottery services and information to lottery players in China. As a leading provider in the industry, the company offers a comprehensive platform for purchasing lottery tickets, managing lottery accounts, and accessing lottery-related news and information. Through its online platform and mobile applications, 500.Com Ltd aims to enhance convenience and accessibility for Chinese lottery enthusiasts, while also offering value-added services such as analytics, consulting, and other value-added lottery-related services. Overall, the company's business model focuses on leveraging technology to enable convenient and secure access to lottery services, fostering a vibrant lottery ecosystem in China.

500.Com Ltd is primarily active in the online sports lottery service industry.

Some of the main competitors of 500.Com Ltd in the market include Lottoland, Zhong Zhi Cai, and China Sports Lottery.

500.Com Ltd is a leading online sports lottery service provider in China. Founded in 2001, the company has grown into a prominent player in the industry. Over the years, 500.Com has established a strong presence by offering a wide range of lottery ticket sales, lottery information, and other lottery-related services. With cutting-edge technology and innovative solutions, 500.Com has successfully catered to the evolving needs of Chinese lottery enthusiasts. The company continues to expand its operations and offerings, providing a convenient and secure platform for lottery enthusiasts to participate in various lottery games. 500.Com Ltd is committed to providing an exceptional online lottery experience for its customers.

500.com Ltd has achieved several significant milestones throughout its journey. In 2013, the company became the first Chinese online lottery platform to be listed on the New York Stock Exchange. This milestone showcased 500.com Ltd's strong market presence and commitment to providing innovative lottery services to customers. Another important achievement was the acquisition of The Multi Group Ltd in 2017, expanding the company's foothold in the global lottery market. Furthermore, 500.com Ltd launched its blockchain-based sports lottery platform and cryptocurrency in 2020, aiming to revolutionize the lottery industry with innovative technologies. These milestones reflect the company's continuous growth and dedication to shaping the future of the lottery sector.

500.Com Ltd is primarily present in China and operates in the online lottery industry.

500.Com Ltd represents several core values and a corporate philosophy that guide its operations. The company is committed to providing innovative and reliable online sports lottery and casino gaming services. With a focus on integrity, 500.Com Ltd aims to create a safe and trustworthy platform for its customers. The company also values continuous improvement and embraces technology advancements to enhance the user experience. By offering a wide range of entertainment options, 500.Com Ltd strives to deliver value and excitement to its users. Through responsible business practices and a customer-centric approach, 500.Com Ltd maintains its position as a leading player in the online gaming industry.

The 500.Com share (WBAI) is listed on 1 stock exchanges, including: NYSE (BTCM).

500.com Ltd is a leading online lottery service provider in China. The company offers a wide range of services for the Chinese lottery markets, both online and offline. The company was founded in 2001 and has been listed on the New York Stock Exchange since 2013. It is headquartered in Shenzhen, China, with offices in Beijing, Shanghai, Guangzhou, and other cities throughout China. 500.com Ltd operates an online lottery platform that allows users to participate in Chinese lottery products. Additionally, the company offers services for online sales of lottery products at offline locations. The company also operates kiosks for the sale of lottery products. It provides comprehensive information services to its users, including the latest Chinese lottery results, lottery statistics, predictions, and more. The goal is to provide an extensive information source for every user. In addition to its online lottery platform, 500.com Ltd also operates a comprehensive online casino division. This includes a wide range of casino games, including slots, poker, roulette, blackjack, and more. The company's casino division is one of the leading online casino platforms in China. The company is also involved in game development and has developed a range of game products, including mobile games, HTML5 games, and virtual reality games. Furthermore, the company has an on-site content hub where game developers and innovative technologies are brought together to promote the latest developments in the gaming industry. 500.com Ltd has expanded its business scope to international markets as well. The company offers online lottery services worldwide and is currently the only Chinese company licensed in Latin America and Europe. The company also plans to expand its game development services to global markets. Overall, 500.com Ltd's business model is focused on providing online lottery services and online casino games in China and worldwide, with extensive information services for its users. The company also offers services for the offline sale of lottery products, game development, and international expansion opportunities.

The revenue cannot currently be calculated for 500.Com.

The profit cannot currently be calculated for 500.Com.

The P/E ratio cannot be calculated for 500.Com at the moment.

The P/S cannot be calculated for 500.Com currently.

The Eulerpool Quality Score for 500.Com is 1/10.

The ISIN of 500.Com is US33829R1005. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of 500.Com is A1W8WN. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of 500.Com is WBAI. The ticker symbol is used to trade 500.Com shares on the stock exchange.

500.Com is assigned to the 'Cyclical consumption' sector.

The dividends of 500.Com are distributed in CNY.

All fundamentals and in-depth analysis of 500.Com

Our stock analysis for 500.Com stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of 500.Com. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.