netease inc. - NTES

NTES

Close Chg Chg %
140.93 -1.19 -0.84%

Closed Market

139.74

-1.19 (0.84%)

Volume: 577.27K

Last Updated:

Dec 4, 2025, 4:00 PM EDT

Company Overview: netease inc. - NTES

NTES Key Data

Open

$140.96

Day Range

138.59 - 140.96

52 Week Range

87.67 - 159.55

Market Cap

$88.07B

Shares Outstanding

624.93M

Public Float

624.75M

Beta

0.69

Rev. Per Employee

N/A

P/E Ratio

18.18

EPS

$7.90

Yield

203.11%

Dividend

$0.57

EX-DIVIDEND DATE

Dec 5, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

832.61K

 

NTES Performance

1 Week
 
1.22%
 
1 Month
 
0.54%
 
3 Months
 
4.07%
 
1 Year
 
53.07%
 
5 Years
 
59.92%
 

NTES Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 41
Full Ratings ➔

About netease inc. - NTES

NetEase, Inc. is an internet technology company, which engages in the provision of premium online services centered around content, community, communication and commerce. It develops and operates some of the most popular PC-client and mobile games in China. The firm also operates some of the most popular international online games in China by partnering with Blizzard Entertainment, Mojang AB (a Microsoft subsidiary) and other global game developers. NetEase also offers other services, including the intelligent learning services of its majority-controlled subsidiary, Youdao, its music streaming platform, NetEase Cloud Music, and its private label e-commerce platform, Yanxuan. The company operates through the following business segments: Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others. The Online Game Services segment produces online PC-client games. The Youdao segment is an online education service provider in China. The Cloud Music segment represents revenue from online music services through the sales of membership subscriptions in various content and service packages. The Innovative Businesses and Others segment offers other services, which includes live video streaming and its private label e-commerce platform, Yanxuan. The company was founded by Lei Ding in June 1997 and is headquartered in Beijing, China.

NTES At a Glance

NetEase, Inc.
NetEase Building
Hangzhou, Zhejiang 310052
Phone 86-571-8985-3378 Revenue 14.63B
Industry Packaged Software Net Income 4.13B
Sector Technology Services 2024 Sales Growth 0.185%
Fiscal Year-end 12 / 2025 Employees 26,028
View SEC Filings

NTES Valuation

P/E Current 18.183
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 13.968
Price to Sales Ratio 3.94
Price to Book Ratio 2.975
Price to Cash Flow Ratio 10.46
Enterprise Value to EBITDA 9.141
Enterprise Value to Sales 2.778
Total Debt to Enterprise Value 0.043

NTES Efficiency

Revenue/Employee 562,117.92
Income Per Employee 158,540.489
Receivables Turnover 13.027
Total Asset Turnover 0.551

NTES Liquidity

Current Ratio 3.087
Quick Ratio 3.076
Cash Ratio 2.832

NTES Profitability

Gross Margin 62.498
Operating Margin 28.096
Pretax Margin 33.922
Net Margin 28.204
Return on Assets 15.552
Return on Equity 22.596
Return on Total Capital 19.881
Return on Invested Capital 22.44

NTES Capital Structure

Total Debt to Total Equity 9.242
Total Debt to Total Capital 8.46
Total Debt to Total Assets 6.54
Long-Term Debt to Equity 0.606
Long-Term Debt to Total Capital 0.555
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Netease Inc. - NTES

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
13.58B 14.33B 14.60B 14.63B
Sales Growth
+27.27% +5.50% +1.91% +0.19%
Cost of Goods Sold (COGS) incl D&A
6.30B 6.49B 5.81B 5.49B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
507.92M 424.46M 431.23M 335.97M
Depreciation
- 167.40M 108.64M 108.55M
Amortization of Intangibles
- 257.07M 322.59M 227.42M
COGS Growth
+25.39% +3.07% -10.51% -5.59%
Gross Income
7.28B 7.84B 8.79B 9.14B
Gross Income Growth
+28.95% +7.59% +12.20% +4.00%
Gross Profit Margin
+53.62% +54.68% +60.21% +62.50%
2021 2022 2023 2024 5-year trend
SG&A Expense
4.74B 4.92B 4.88B 5.03B
Research & Development
2.18B 2.23B 2.33B 2.44B
Other SG&A
2.55B 2.69B 2.55B 2.60B
SGA Growth
+33.77% +3.88% -0.81% +3.11%
Other Operating Expense
- - - -
-
Unusual Expense
- - - (14.13M)
-
EBIT after Unusual Expense
2.56B 2.91B 3.91B 4.11B
Non Operating Income/Expense
498.05M 782.91M 1.02B 935.38M
Non-Operating Interest Income
464.33M 423.82M 890.79M 816.22M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
29.66M 96.56M 124.78M 83.09M
Interest Expense Growth
-17.38% +225.53% +29.23% -33.41%
Gross Interest Expense
29.66M 96.56M 124.78M 83.09M
Interest Capitalized
- - - -
-
Pretax Income
3.03B 3.60B 4.81B 4.96B
Pretax Income Growth
+37.51% +18.93% +33.48% +3.25%
Pretax Margin
+22.29% +25.13% +32.92% +33.92%
Income Tax
640.11M 747.26M 663.33M 758.86M
Income Tax - Current - Domestic
576.85M 674.54M 644.78M 714.30M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
63.25M 72.72M 18.55M 44.56M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.63B 2.85B 4.14B 4.20B
Minority Interest Expense
18.51M (73.41M) (8.37M) 77.64M
Net Income
2.61B 2.93B 4.15B 4.13B
Net Income Growth
+49.56% +12.00% +41.83% -0.61%
Net Margin Growth
+19.24% +20.43% +28.43% +28.20%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.61B 2.93B 4.15B 4.13B
Preferred Dividends
- - - -
-
Net Income Available to Common
2.61B 2.93B 4.15B 4.13B
EPS (Basic)
3.9294 4.4852 6.4542 6.4467
EPS (Basic) Growth
+48.64% +14.14% +43.90% -0.12%
Basic Shares Outstanding
665.17M 652.69M 643.29M 640.09M
EPS (Diluted)
3.8808 4.4409 6.3836 6.3866
EPS (Diluted) Growth
+48.77% +14.43% +43.75% +0.05%
Diluted Shares Outstanding
673.50M 659.20M 650.41M 646.12M
EBITDA
3.05B 3.34B 4.34B 4.45B
EBITDA Growth
+17.11% +9.37% +30.03% +2.41%
EBITDA Margin
+22.48% +23.30% +29.73% +30.39%

Snapshot

Average Recommendation BUY Average Target Price 1,142.726
Number of Ratings 41 Current Quarters Estimate 14.404
FY Report Date 12 / 2025 Current Year's Estimate 61.311
Last Quarter’s Earnings 14.73 Median PE on CY Estimate N/A
Year Ago Earnings 51.85 Next Fiscal Year Estimate 64.88
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 13 5 34 34
Mean Estimate 14.40 15.43 61.31 64.88
High Estimates 15.43 16.30 63.31 70.42
Low Estimate 13.35 14.35 58.30 56.75
Coefficient of Variance 4.82 4.65 1.60 4.26

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 32 32 34
OVERWEIGHT 4 4 4
HOLD 4 4 6
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Buy Buy Buy

Netease Inc. in the News