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	Jun '26 Jun 12, 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	81,274	87,859	56,523	59,823	46,829	66,642
Market Cap Growth	3.03%	55.44%	-5.52%	27.75%	-29.73%	3.88%
Enterprise Value	58,743	66,250	39,928	45,315	34,490	55,301
Last Close Price	125.82	137.62	89.21	93.16	72.63	101.78
PE Ratio	16.42	18.37	14.17	14.57	16.24	25.82
PS Ratio	4.90	5.46	3.92	4.09	3.35	4.83
PB Ratio	3.31	3.83	2.97	3.41	3.08	4.44
P/TBV Ratio	0.49	0.55	0.42	0.49	0.46	0.72
P/FCF Ratio	10.69	12.37	10.74	12.82	12.61	18.16
P/OCF Ratio	10.70	12.11	10.40	11.99	11.66	16.99
EV/Sales Ratio	3.54	4.12	2.77	3.10	2.47	4.01
EV/EBITDA Ratio	10.07	12.17	9.11	10.43	10.58	17.85
EV/EBIT Ratio	10.65	12.93	9.85	11.58	12.12	21.41
EV/FCF Ratio	7.73	9.33	7.59	9.71	9.29	15.07
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)	44.64%	44.34%	34.32%	31.04%	20.72%	19.25%
Return on Capital Employed (ROCE)	22.19%	22.73%	21.25%	22.34%	17.92%	16.56%
Earnings Yield	6.09%	5.44%	7.06%	6.86%	6.16%	3.87%
FCF Yield	9.35%	8.08%	9.31%	7.80%	7.93%	5.51%
Dividend Yield	2.39%	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	2.28%	2.64%	3.34%	3.22%	4.18%	0.29%

SEC Filings: 10-K · 10-Q