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 | 15.67B | |
| Industry | Packaged Software | Net Income | 4.70B | |
| Sector | Technology Services | 2025 Sales Growth | 7.086% | |
| Fiscal Year-end | 12 / 2026 | Employees | 25,382 | |
| View SEC Filings |
NTES Valuation
| P/E Current | 16.06 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 18.872 |
| Price to Sales Ratio | 5.654 |
| Price to Book Ratio | 3.83 |
| Price to Cash Flow Ratio | 12.55 |
| Enterprise Value to EBITDA | 12.522 |
| Enterprise Value to Sales | 4.234 |
| Total Debt to Enterprise Value | 0.015 |
NTES Efficiency
| Revenue/Employee | 617,272.511 |
| Income Per Employee | 185,028.61 |
| Receivables Turnover | 15.128 |
| Total Asset Turnover | 0.535 |
NTES Liquidity
| Current Ratio | 3.449 |
| Quick Ratio | 3.436 |
| Cash Ratio | 3.188 |
NTES Profitability
| Gross Margin | 64.285 |
| Operating Margin | 31.818 |
| Pretax Margin | 36.253 |
| Net Margin | 29.975 |
| Return on Assets | 16.046 |
| Return on Equity | 22.397 |
| Return on Total Capital | 19.649 |
| Return on Invested Capital | 22.318 |
NTES Capital Structure
| Total Debt to Total Equity | 4.198 |
| Total Debt to Total Capital | 4.029 |
| Total Debt to Total Assets | 3.039 |
| Long-Term Debt to Equity | 0.145 |
| Long-Term Debt to Total Capital | 0.139 |