NetEase Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 2, 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
Market Cap	83,895	87,859	56,523	59,823	46,829	66,642
Market Cap Growth	1.97%	55.44%	-5.52%	27.75%	-29.73%	3.88%
Enterprise Value	61,386	66,266	39,951	45,351	34,527	55,354
Last Close Price	127.24	137.62	89.21	93.16	72.63	101.78
PE Ratio	16.95	18.37	14.17	14.57	16.24	25.82
PS Ratio	5.06	5.46	3.92	4.09	3.35	4.83
PB Ratio	3.42	3.83	2.97	3.41	3.08	4.44
P/TBV Ratio	0.51	0.57	0.43	0.50	0.48	0.75
P/FCF Ratio	11.07	12.37	10.74	12.82	12.61	18.16
P/OCF Ratio	11.05	12.11	10.40	11.99	11.66	16.99
EV/Sales Ratio	3.70	4.12	2.77	3.10	2.47	4.02
EV/EBITDA Ratio	10.52	12.17	9.11	10.43	10.59	17.87
EV/EBIT Ratio	11.13	12.94	9.86	11.59	12.13	21.43
EV/FCF Ratio	8.10	9.33	7.59	9.72	9.30	15.08
Debt / Equity Ratio	0.06	0.04	0.09	0.16	0.26	0.21
Debt / EBITDA Ratio	0.27	0.18	0.40	0.67	1.27	1.10
Debt / FCF Ratio	0.21	0.14	0.33	0.62	1.11	0.93
Net Debt / Equity Ratio	-0.97	-0.97	-0.90	-0.85	-0.85	-0.80
Net Debt / EBITDA Ratio	-3.97	-4.09	-3.90	-3.45	-3.96	-3.85
Net Debt / FCF Ratio	-3.11	-3.14	-3.25	-3.22	-3.47	-3.25
Asset Turnover	0.51	0.54	0.55	0.58	0.59	0.59
Inventory Turnover	63.55	63.81	62.34	47.84	44.66	52.22
Quick Ratio	3.09	3.21	2.88	2.47	2.15	2.04
Current Ratio	3.28	3.45	3.09	2.65	2.32	2.24
Return on Equity (ROE)	10.69%	22.63%	22.36%	24.78%	19.05%	17.57%
Return on Assets (ROA)	14.13%	14.63%	13.12%	13.32%	9.53%	8.94%
Return on Invested Capital (ROIC)	343.53%	226.62%	126.64%	114.49%	71.59%	59.73%
Return on Capital Employed (ROCE)	22.19%	22.73%	21.25%	22.34%	17.92%	16.56%
Earnings Yield	5.90%	5.44%	7.06%	6.86%	6.16%	3.87%
FCF Yield	9.03%	8.08%	9.31%	7.80%	7.93%	5.51%
Dividend Yield	2.37%	2.25%	2.68%	1.89%	2.06%	0.82%
Payout Ratio	196.08%	40.95%	37.60%	27.24%	33.06%	20.81%
Buyback Yield / Dilution	-0.11%	0.38%	0.66%	1.33%	2.12%	-0.53%
Total Shareholder Return	2.25%	2.64%	3.34%	3.22%	4.18%	0.29%

SEC Filings: 10-K · 10-Q