netease inc. - NTES

NTES

Close Chg Chg %
113.06 -3.12 -2.76%

Closed Market

109.94

-3.12 (2.76%)

Volume: 478.95K

Last Updated:

Mar 26, 2026, 4:00 PM EDT

Company Overview: netease inc. - NTES

NTES Key Data

Open

$109.51

Day Range

108.84 - 111.03

52 Week Range

88.54 - 159.55

Market Cap

$70.65B

Shares Outstanding

624.93M

Public Float

624.73M

Beta

0.74

Rev. Per Employee

N/A

P/E Ratio

15.51

EPS

$7.36

Yield

267.58%

Dividend

$1.16

EX-DIVIDEND DATE

Mar 16, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

1.00M

 

NTES Performance

1 Week
 
-3.37%
 
1 Month
 
-4.38%
 
3 Months
 
-20.37%
 
1 Year
 
9.15%
 
5 Years
 
5.77%
 

NTES Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 38
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 15.67B
Industry Packaged Software Net Income 4.70B
Sector Technology Services 2025 Sales Growth 7.086%
Fiscal Year-end 12 / 2026 Employees N/A
View SEC Filings

NTES Valuation

P/E Current 15.51
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 18.879
Price to Sales Ratio 5.654
Price to Book Ratio N/A
Price to Cash Flow Ratio 12.55
Enterprise Value to EBITDA 12.513
Enterprise Value to Sales 4.231
Total Debt to Enterprise Value 0.014

NTES Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 20.512
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 19.69
Return on Invested Capital 22.335

NTES Capital Structure

Total Debt to Total Equity 3.983
Total Debt to Total Capital 3.83
Total Debt to Total Assets 2.883
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital N/A
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Netease Inc. - NTES

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
14.33B 14.60B 14.63B 15.67B
Sales Growth
+5.50% +1.91% +0.19% +7.09%
Cost of Goods Sold (COGS) incl D&A
6.49B 5.81B 5.49B 5.60B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
424.46M 431.23M 335.97M 312.64M
Depreciation
- 167.40M 108.64M 108.55M
Amortization of Intangibles
- 257.07M 322.59M 227.42M
COGS Growth
+3.07% -10.51% -5.59% +1.98%
Gross Income
7.84B 8.79B 9.14B 10.07B
Gross Income Growth
+7.59% +12.20% +4.00% +10.15%
Gross Profit Margin
+54.68% +60.21% +62.50% +64.29%
2022 2023 2024 2025 5-year trend
SG&A Expense
4.92B 4.88B 5.03B 5.09B
Research & Development
2.23B 2.33B 2.44B 2.46B
Other SG&A
2.69B 2.55B 2.60B 2.62B
SGA Growth
+3.88% -0.81% +3.11% +1.07%
Other Operating Expense
- - - -
-
Unusual Expense
- - - -
-
EBIT after Unusual Expense
2.91B 3.91B 4.11B 4.99B
Non Operating Income/Expense
782.91M 1.02B 935.38M 144.97M
Non-Operating Interest Income
423.82M 890.79M 816.22M 101.76M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- 96.56M 124.78M 83.09M
Interest Expense Growth
- +225.53% +29.23% -33.41%
Gross Interest Expense
- 96.56M 124.78M 83.09M
Interest Capitalized
- - - -
-
Pretax Income
3.60B 4.81B 4.96B 5.68B
Pretax Income Growth
+18.93% +33.48% +3.25% +14.45%
Pretax Margin
+25.13% +32.92% +33.92% +36.25%
Income Tax
747.26M 663.33M 758.86M 839.22M
Income Tax - Current - Domestic
- 674.54M 644.78M 714.30M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- 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
2.85B 4.14B 4.20B 4.84B
Minority Interest Expense
(73.41M) (8.37M) 77.64M 144.40M
Net Income
2.93B 4.15B 4.13B 4.70B
Net Income Growth
+12.00% +41.83% -0.61% +13.81%
Net Margin Growth
+20.43% +28.43% +28.20% +29.98%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.93B 4.15B 4.13B 4.70B
Preferred Dividends
- - - -
-
Net Income Available to Common
2.93B 4.15B 4.13B 4.70B
EPS (Basic)
4.4852 6.4542 6.4467 7.3693
EPS (Basic) Growth
+14.14% +43.90% -0.12% +14.31%
Basic Shares Outstanding
652.69M 643.29M 640.09M 637.29M
EPS (Diluted)
4.4409 6.3836 6.3866 7.2895
EPS (Diluted) Growth
+14.43% +43.75% +0.05% +14.14%
Diluted Shares Outstanding
659.20M 650.41M 646.12M 643.63M
EBITDA
3.34B 4.34B 4.45B 5.30B
EBITDA Growth
+9.37% +30.03% +2.41% +19.14%
EBITDA Margin
+23.30% +29.73% +30.39% +33.81%

Snapshot

Average Recommendation BUY Average Target Price 1,092.75
Number of Ratings 38 Current Quarters Estimate 15.156
FY Report Date 03 / 2026 Current Year's Estimate 62.735
Last Quarter’s Earnings 10.95 Median PE on CY Estimate N/A
Year Ago Earnings 57.99 Next Fiscal Year Estimate 69.159
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 13 11 31 31
Mean Estimate 15.16 14.90 62.73 69.16
High Estimates 16.38 16.00 70.88 82.88
Low Estimate 13.20 12.75 52.15 52.70
Coefficient of Variance 6.64 6.08 5.40 7.27

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 30 32 32
OVERWEIGHT 3 4 4
HOLD 4 4 2
UNDERWEIGHT 0 0 1
SELL 1 1 1
MEAN Buy Buy Buy

Netease Inc. in the News