NetEase Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Current	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	May '26 May 20, 2026	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021
Market Cap	69,937	71,465	87,859	96,299	85,269	65,209	56,523	60,048	61,382	66,501	59,823	64,585	62,338	57,020	46,829	49,500	61,129	58,726	66,642	57,207
Market Cap Growth	-17.98%	9.59%	55.44%	60.37%	38.92%	-1.94%	-5.52%	-7.02%	-1.54%	16.63%	27.75%	30.47%	1.98%	-2.90%	-29.73%	-13.47%	-20.82%	-15.10%	3.88%	-2.35%
Enterprise Value	48,244	56,300	66,250	77,047	66,998	47,813	39,928	44,463	46,822	51,828	45,315	51,532	49,935	44,603	34,490	37,843	49,772	47,283	55,301	48,047
Last Close Price	116.82	111.94	137.62	151.99	134.58	102.92	89.21	93.51	95.59	103.56	93.16	100.17	96.69	88.44	72.63	75.60	93.36	89.69	101.78	85.40
PE Ratio	14.13	14.59	18.37	19.19	18.12	14.86	14.17	15.48	15.68	16.05	14.57	17.76	17.87	17.58	16.24	16.13	22.38	22.56	25.82	30.59
PS Ratio	4.22	4.31	5.46	6.13	5.57	4.41	3.92	3.99	4.18	4.56	4.09	4.63	4.57	4.00	3.35	3.69	4.39	4.11	4.83	4.44
PB Ratio	2.85	-	3.83	4.39	4.08	3.29	2.97	3.19	3.41	3.77	3.41	3.93	3.96	3.61	3.08	3.34	4.06	3.81	4.44	4.40
P/TBV Ratio	-	-	0.00	0.63	0.58	0.46	0.41	0.46	0.47	0.53	0.49	0.54	0.55	0.53	0.45	0.47	0.61	0.61	0.71	0.69
P/FCF Ratio	9.24	21.50	12.37	19.26	18.44	16.42	10.74	11.38	12.38	13.04	12.82	15.51	16.09	14.44	12.61	14.16	17.18	16.97	18.16	15.82
P/OCF Ratio	9.21	20.67	12.11	18.61	17.73	15.71	10.40	10.95	11.82	12.35	11.99	14.48	14.99	13.45	11.66	13.01	15.83	15.53	16.99	14.89
EV/Sales Ratio	2.91	3.39	4.12	4.91	4.38	3.23	2.77	2.95	3.19	3.56	3.10	3.70	3.66	3.13	2.47	2.82	3.57	3.31	4.01	3.73
EV/EBITDA Ratio	8.27	14.06	12.17	20.22	18.34	14.28	9.11	10.06	10.78	12.21	10.43	13.22	14.10	12.50	10.58	11.85	15.26	14.36	17.85	17.00
EV/EBIT Ratio	8.75	15.28	12.93	22.02	19.97	15.79	9.85	10.90	11.72	13.31	11.58	14.87	16.13	14.36	12.12	13.60	17.70	16.99	21.41	20.90
EV/FCF Ratio	6.38	16.94	9.33	15.41	14.49	12.04	7.59	8.43	9.44	10.16	9.71	12.38	12.89	11.30	9.29	10.83	13.99	13.66	15.07	13.29
Debt / Equity Ratio	2.37	2.37	0.04	0.05	0.07	0.07	0.09	0.08	0.10	0.19	0.16	0.09	0.13	0.28	0.26	0.26	0.30	0.25	0.21	0.20
Debt / EBITDA Ratio	0.40	24.72	0.74	0.85	1.19	20.00	1.51	1.44	1.79	3.09	2.72	1.42	2.36	3.75	5.47	5.32	5.65	4.12	3.99	4.28
Debt / FCF Ratio	0.48	-	-	0.58	1.06	-	1.01	1.08	2.14	2.76	1.81	1.27	2.21	5.82	3.29	4.18	5.07	6.75	2.74	3.33
Net Debt / Equity Ratio	-	-	-0.97	-0.91	-0.90	-0.91	-0.90	-0.85	-0.83	-0.86	-0.85	-0.83	-0.82	-0.82	-0.85	-0.83	-0.79	-0.78	-0.80	-0.86
Net Debt / EBITDA Ratio	-3.95	-246.33	-17.24	-16.42	-14.27	-265.25	-14.65	-14.73	-14.33	-13.35	-14.11	-12.08	-13.98	-10.76	-17.11	-15.99	-14.43	-12.22	-13.93	-15.66
Net Debt / FCF Ratio	-4.76	365.88	1267.38	-11.19	-12.69	294.80	-9.82	-11.08	-17.17	-11.96	-9.38	-10.78	-13.13	-16.70	-10.28	-12.59	-12.96	-20.00	-9.57	-12.19
Asset Turnover	0.17	0.17	0.13	0.14	0.14	0.15	0.14	0.15	0.15	0.14	0.15	0.16	0.14	0.15	0.16	0.15	0.14	0.15	0.16	0.15
Inventory Turnover	63.55	17.62	15.63	16.28	16.87	0.02	16.54	14.57	13.67	13.29	12.21	12.45	11.67	11.68	12.37	10.84	11.83	12.35	14.72	13.28
Quick Ratio	2.20	2.20	3.21	3.10	3.02	2.99	2.88	2.85	2.81	2.37	2.47	2.67	2.72	2.17	2.15	2.13	2.03	2.08	2.04	1.97
Current Ratio	2.40	2.40	3.45	3.42	3.23	3.21	3.09	3.08	3.01	2.53	2.65	2.91	2.93	2.33	2.32	2.31	2.23	2.30	2.24	2.22
Return on Equity (ROE)	0.01%	0.01%	4.95%	5.93%	6.30%	0.01%	6.59%	5.17%	5.41%	6.41%	5.64%	6.69%	7.31%	6.26%	3.66%	6.43%	5.01%	4.32%	5.86%	3.44%
Return on Assets (ROA)	0.01%	0.01%	3.99%	3.49%	3.95%	0.00%	3.55%	3.36%	3.34%	3.43%	3.30%	3.77%	3.32%	3.44%	2.17%	2.39%	2.39%	2.77%	2.68%	2.08%
Return on Invested Capital (ROIC)	0.03%	0.03%	23.95%	16.70%	19.10%	0.02%	18.24%	14.34%	14.34%	15.97%	16.14%	16.00%	13.92%	14.58%	9.75%	9.63%	9.93%	11.67%	11.32%	8.36%
Return on Capital Employed (ROCE)	0.01%	0.01%	5.28%	5.28%	6.13%	0.01%	5.62%	5.36%	5.32%	5.98%	5.54%	6.21%	5.13%	6.35%	4.05%	4.42%	4.68%	5.31%	4.65%	3.84%
Earnings Yield	7.08%	6.85%	5.44%	5.21%	5.52%	6.73%	7.06%	6.46%	6.38%	6.23%	6.86%	5.63%	5.60%	5.69%	6.16%	6.20%	4.47%	4.43%	3.87%	3.27%
FCF Yield	10.82%	4.65%	8.08%	5.19%	5.42%	6.09%	9.31%	8.79%	8.08%	7.67%	7.80%	6.45%	6.21%	6.93%	7.93%	7.06%	5.82%	5.89%	5.51%	6.32%
Dividend Yield	2.54%	1.04%	0.42%	0.37%	0.50%	0.00%	0.48%	0.47%	0.51%	1.03%	0.53%	0.52%	0.47%	0.31%	0.62%	0.46%	0.34%	0.45%	0.22%	0.28%
Payout Ratio	197.81%	48.31%	0.04%	29.99%	35.83%	54.21%	22.62%	30.17%	33.51%	64.78%	34.32%	30.92%	25.71%	17.95%	51.08%	24.15%	26.53%	38.31%	16.52%	32.31%
Buyback Yield / Dilution	-0.11%	99.90%	99.90%	0.02%	0.87%	1.33%	1.45%	0.79%	0.18%	0.22%	0.49%	0.59%	1.71%	1.80%	1.62%	2.76%	2.38%	2.47%	2.58%	2.03%
Total Shareholder Return	2.43%	100.94%	100.32%	0.39%	1.38%	1.34%	1.93%	1.26%	0.69%	1.25%	1.02%	1.11%	2.18%	2.11%	2.24%	3.22%	2.72%	2.92%	2.81%	2.31%

Updated May 15, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q