NetEase, Inc. (HKG:9999)

NetEase Ratios and Metrics

Market cap in millions HKD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan 22, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	662,103	445,990	439,512	355,106	512,247	509,975
Market Cap Growth	49.54%	1.47%	23.77%	-30.68%	0.45%	-
Enterprise Value	512,301	324,831	337,329	263,572	441,816	436,199
Last Close Price	209.00	134.88	133.51	106.80	144.27	134.16
PE Ratio	16.95	14.11	13.56	15.45	24.76	35.60
Forward PE	15.22	12.23	12.65	16.14	20.25	22.66
PS Ratio	5.42	3.98	3.86	3.26	4.76	5.83
PB Ratio	3.76	2.94	3.12	2.89	4.20	4.58
P/TBV Ratio	3.98	3.19	3.43	3.26	4.74	5.84
P/FCF Ratio	12.70	10.91	12.08	12.27	17.89	18.02
P/OCF Ratio	12.38	10.56	11.29	11.34	16.74	17.25
PEG Ratio	1.75	1.31	0.67	1.39	0.94	9.22
EV/Sales Ratio	4.19	2.90	2.96	2.42	4.11	4.99
EV/EBITDA Ratio	12.40	9.54	9.95	10.37	18.28	20.41
EV/EBIT Ratio	13.27	10.32	11.05	11.88	21.92	25.26
EV/FCF Ratio	9.83	7.95	9.27	9.10	15.43	15.41
Debt / Equity Ratio	0.05	0.09	0.16	0.26	0.22	0.22
Debt / EBITDA Ratio	0.19	0.40	0.66	1.24	1.08	1.10
Debt / FCF Ratio	0.15	0.33	0.62	1.11	0.93	0.85
Asset Turnover	0.56	0.55	0.58	0.59	0.59	0.58
Inventory Turnover	65.30	62.34	47.84	44.66	52.22	55.85
Quick Ratio	3.10	2.94	2.53	2.18	2.07	2.14
Current Ratio	3.42	3.09	2.65	2.32	2.24	2.31
Return on Equity (ROE)	25.18%	22.36%	24.78%	18.45%	17.57%	14.78%
Return on Assets (ROA)	11.06%	9.68%	9.66%	7.52%	6.94%	7.16%
Return on Invested Capital (ROIC)	160.13%	127.20%	114.91%	71.84%	59.93%	60.03%
Return on Capital Employed (ROCE)	21.50%	20.20%	21.00%	16.90%	15.90%	15.30%
Earnings Yield	5.99%	7.09%	7.37%	6.48%	4.04%	2.81%
FCF Yield	7.87%	9.16%	8.28%	8.15%	5.59%	5.55%
Dividend Yield	1.94%	2.98%	3.00%	2.02%	1.26%	0.91%
Payout Ratio	38.36%	37.60%	27.24%	33.06%	20.81%	35.48%
Buyback Yield / Dilution	0.92%	0.66%	1.33%	2.12%	-0.53%	-3.07%
Total Shareholder Return	2.86%	3.64%	4.34%	4.15%	0.74%	-2.16%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.