NetEase, Inc. (HKG:9999)
Hong Kong · Delayed Price · Currency is HKD 207.80
+1.20 (0.58%)
Jul 31, 2026, 4:08 PM HKT
NetEase Ratios and Metrics
Market cap in millions HKD. Fiscal year is January - December.
Millions HKD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 665,220 | 679,844 | 438,446 | 439,512 | 355,106 | 512,247 | |
Market Cap Growth | 2.33% | 55.06% | -0.24% | 23.77% | -30.68% | 0.45% |
Enterprise Value | 488,671 | 530,042 | 317,286 | 337,329 | 263,572 | 441,816 |
Last Close Price | 207.80 | 211.24 | 132.77 | 131.42 | 105.13 | 142.01 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 17.27 | 18.10 | 13.87 | 13.56 | 15.45 | 24.76 |
Forward PE | 13.11 | 16.02 | 12.23 | 12.65 | 16.14 | 20.25 |
PS Ratio | 5.12 | 5.42 | 3.91 | 3.86 | 3.26 | 4.76 |
PB Ratio | 3.46 | 3.70 | 2.89 | 3.12 | 2.89 | 4.20 |
P/TBV Ratio | 3.64 | 3.98 | 3.14 | 3.43 | 3.26 | 4.74 |
P/FCF Ratio | 11.38 | 12.30 | 10.73 | 12.08 | 12.27 | 17.89 |
P/OCF Ratio | 11.18 | 12.04 | 10.38 | 11.29 | 11.34 | 16.74 |
PEG Ratio | 1.51 | 1.85 | 1.31 | 0.67 | 1.39 | 0.94 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 3.76 | 4.23 | 2.83 | 2.96 | 2.42 | 4.11 |
EV/EBITDA Ratio | 10.64 | 12.51 | 9.32 | 9.95 | 10.37 | 18.28 |
EV/EBIT Ratio | 11.30 | 13.29 | 10.08 | 11.05 | 11.88 | 21.92 |
EV/FCF Ratio | 8.36 | 9.59 | 7.76 | 9.27 | 9.10 | 15.43 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 0.07 | 0.04 | 0.09 | 0.16 | 0.26 | 0.22 |
Debt / EBITDA Ratio | 0.27 | 0.18 | 0.40 | 0.66 | 1.24 | 1.08 |
Debt / FCF Ratio | 0.21 | 0.14 | 0.33 | 0.62 | 1.11 | 0.93 |
Net Debt / Equity Ratio | -0.94 | -0.95 | -0.88 | -0.83 | -0.82 | -0.76 |
Net Debt / EBITDA Ratio | -3.97 | -4.14 | -3.90 | -3.46 | -3.96 | -3.86 |
Net Debt / FCF Ratio | -3.11 | -3.17 | -3.25 | -3.22 | -3.48 | -3.25 |
Asset Turnover | 0.53 | 0.54 | 0.55 | 0.58 | 0.59 | 0.59 |
Inventory Turnover | 73.79 | 63.81 | 62.34 | 47.84 | 44.66 | 52.22 |
Quick Ratio | 3.09 | 3.27 | 2.94 | 2.53 | 2.18 | 2.07 |
Current Ratio | 3.29 | 3.45 | 3.09 | 2.65 | 2.32 | 2.24 |
Return on Equity (ROE) | 22.13% | 22.63% | 22.36% | 24.78% | 18.45% | 17.57% |
Return on Assets (ROA) | 11.00% | 10.73% | 9.68% | 9.66% | 7.52% | 6.94% |
Return on Invested Capital (ROIC) | 376.45% | 242.07% | 127.20% | 114.91% | 71.84% | 59.93% |
Return on Capital Employed (ROCE) | 21.90% | 21.20% | 20.20% | 21.00% | 16.90% | 15.90% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 5.83% | 5.53% | 7.21% | 7.37% | 6.48% | 4.04% |
FCF Yield | 8.79% | 8.13% | 9.32% | 8.28% | 8.15% | 5.59% |
Dividend Yield | 2.26% | 2.19% | 3.02% | 3.05% | 2.06% | 1.29% |
Payout Ratio | 39.22% | 40.95% | 37.60% | 27.24% | 33.06% | 20.81% |
Buyback Yield / Dilution | -0.11% | 0.39% | 0.66% | 1.33% | 2.12% | -0.53% |
Total Shareholder Return | 2.15% | 2.58% | 3.68% | 4.38% | 4.18% | 0.76% |