NetEase, Inc. (NTES)
NASDAQ: NTES · Real-Time Price · USD
118.68
+1.17 (1.00%)
May 1, 2026, 2:10 PM EDT - Market open

NetEase Statistics

Total Valuation

NetEase has a market cap or net worth of $72.91 billion. The enterprise value is $51.21 billion.

Market Cap72.91B
Enterprise Value 51.21B

Important Dates

The next estimated earnings date is Thursday, May 28, 2026, before market open.

Earnings Date May 28, 2026
Ex-Dividend Date Mar 16, 2026

Share Statistics

NetEase has 3.19 billion shares outstanding. The number of shares has decreased by -0.39% in one year.

Current Share Class n/a
Shares Outstanding 3.19B
Shares Change (YoY) -0.39%
Shares Change (QoQ) +0.14%
Owned by Insiders (%) 45.48%
Owned by Institutions (%) 33.36%
Float 1.74B

Valuation Ratios

The trailing PE ratio is 15.10 and the forward PE ratio is 12.31.

PE Ratio 15.10
Forward PE 12.31
PS Ratio 4.53
Forward PS 0.59
PB Ratio 3.09
P/TBV Ratio 3.32
P/FCF Ratio 10.02
P/OCF Ratio 10.05
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.41, with an EV/FCF ratio of 7.04.

EV / Earnings 10.61
EV / Sales 3.18
EV / EBITDA 9.41
EV / EBIT 10.00
EV / FCF 7.04

Financial Position

The company has a current ratio of 3.45, with a Debt / Equity ratio of 0.04.

Current Ratio 3.45
Quick Ratio 3.27
Debt / Equity 0.04
Debt / EBITDA 0.18
Debt / FCF 0.13
Interest Coverage 107.16

Financial Efficiency

Return on equity (ROE) is 22.63% and return on invested capital (ROIC) is 228.06%.

Return on Equity (ROE) 22.63%
Return on Assets (ROA) 10.73%
Return on Invested Capital (ROIC) 228.06%
Return on Capital Employed (ROCE) 21.20%
Weighted Average Cost of Capital (WACC) 8.70%
Revenue Per Employee $634,398
Profits Per Employee $190,162
Employee Count25,382
Asset Turnover 0.54
Inventory Turnover 63.81

Taxes

In the past 12 months, NetEase has paid $862.50 million in taxes.

Income Tax 862.50M
Effective Tax Rate 14.77%

Stock Price Statistics

The stock price has increased by +11.24% in the last 52 weeks. The beta is 0.82, so NetEase's price volatility has been lower than the market average.

Beta (5Y) 0.82
52-Week Price Change +11.24%
50-Day Moving Average 114.74
200-Day Moving Average 132.61
Relative Strength Index (RSI) 61.48
Average Volume (20 Days) 665,733

Short Selling Information

The latest short interest is 2.22 million, so 0.64% of the outstanding shares have been sold short.

Short Interest 2.22M
Short Previous Month 2.08M
Short % of Shares Out 0.64%
Short % of Float n/a
Short Ratio (days to cover) 3.47

Income Statement

In the last 12 months, NetEase had revenue of $16.10 billion and earned $4.83 billion in profits. Earnings per share was $1.50.

Revenue16.10B
Gross Profit 10.35B
Operating Income 5.12B
Pretax Income 5.84B
Net Income 4.83B
EBITDA 5.44B
EBIT 5.12B
Earnings Per Share (EPS) $1.50
Full Income Statement

Balance Sheet

The company has $23.48 billion in cash and $962.16 million in debt, with a net cash position of $22.52 billion or $7.05 per share.

Cash & Cash Equivalents 23.48B
Total Debt 962.16M
Net Cash 22.52B
Net Cash Per Share $7.05
Equity (Book Value) 23.61B
Book Value Per Share 7.18
Working Capital 18.34B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $7.25 billion and capital expenditures -$152.32 million, giving a free cash flow of $7.27 billion.

Operating Cash Flow 7.25B
Capital Expenditures -152.32M
Depreciation & Amortization 329.14M
Net Borrowing -849.21M
Free Cash Flow 7.27B
FCF Per Share $2.28
Full Cash Flow Statement

Margins

Gross margin is 64.29%, with operating and profit margins of 31.82% and 29.98%.

Gross Margin 64.29%
Operating Margin 31.82%
Pretax Margin 36.25%
Profit Margin 29.98%
EBITDA Margin 33.81%
EBIT Margin 31.82%
FCF Margin 45.18%

Dividends & Yields

This stock pays an annual dividend of $2.97, which amounts to a dividend yield of 2.50%.

Dividend Per Share $2.97
Dividend Yield 2.50%
Dividend Growth (YoY) 15.13%
Years of Dividend Growth 4
Payout Ratio 197.81%
Buyback Yield 0.39%
Shareholder Yield 2.91%
Earnings Yield 6.62%
FCF Yield 9.98%
Dividend Details

Analyst Forecast

The average price target for NetEase is $160.00, which is 34.82% higher than the current price. The consensus rating is "Buy".

Price Target $160.00
Price Target Difference 34.82%
Analyst Consensus Buy
Analyst Count 3
Revenue Growth Forecast (5Y) 7.74%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on October 2, 2020. It was a forward split with a ratio of 5:1.

Last Split Date Oct 2, 2020
Split Type Forward
Split Ratio 5:1

Scores

NetEase has an Altman Z-Score of 8.73 and a Piotroski F-Score of 6.

Altman Z-Score 8.73
Piotroski F-Score 6