OakChart

NetEase Inc ADR

NTESCommunication Services·Electronic Gaming & Multimedia·China·Large·NASD·Nov 11 • 3:53 PM ET

122.38-5.65 (-4.41%)
2026-11-11 21:54 CET
Market cap
81,545.00 USD m
Revenue, TTM
16,687.98 USD m
Net income, TTM
4,651.11 USD m
Free cash flow, TTM
7,231.73 USD m
EPS diluted, TTM
7.21
P/E
16.98
Compare

Price

NTES against its 20, 50 and 200-day averages
2050200beatmissearnings
110.00120.00130.002.5M5.1MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26NTESclose 122.3820-day 121.1750-day 119.98200-day 120.66122.3852w low

17.9% under the 52-week high of 149.11 on 2 Jan 2026. 52-week low 106.06 on 21 May 2026. Last 15 sessions, 18.5% high to low

Volume 1.75× normal · the line is the 50-bar volume average

Profile

NTES
52-week range, 38% of the way up
106.06149.11

NetEase, Inc. is an internet technology company, which engages in the provision of premium online services centered around content, community, communication and commerce. It develops and operates some of the most popular PC-client and mobile games in China. The firm also operates some of the most popular international online games in China by partnering with Blizzard Entertainment, Mojang AB (a Microsoft subsidiary) and other global game developers. NetEase also offers other services, including the intelligent learning services of its majority-controlled subsidiary, Youdao, its music streaming platform, NetEase Cloud Music, and its private label e-commerce platform, Yanxuan. The company operates through the following business segments: Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others. The Online Game Services segment produces online PC-client games. The Youdao segment is an online education service provider in China. The Cloud Music segment represents revenue from online music services through the sales of membership subscriptions in various content and service packages. The Innovative Businesses and Others segment offers other services, which includes live video streaming and its private label e-commerce platform, Yanxuan. The company was founded by Lei Ding in June 1997 and is headquartered in Beijing, China.

Employees25382
IPOJun 30, 2000
Beta0.65
ATR, 14d3.28
Rel volume1.75
Short float0.45%
Insider own0.03%
Inst own9.55%

Snapshot

6 groups

Valuation

Index-
Market Cap77.95B
Enterprise Value53.96B
Income4.65B
Sales16.69B
Book/sh38.46
Cash/sh41.61
Dividend Est.3.19 (2.61%)
Dividend TTM2.93 (2.39%)
Dividend Ex-DateSep 03, 2026
Dividend Gr. 3/5Y28.96% 30.57%
Payout40.66%
Employees25382
IPOJun 30, 2000

Ratios

P/E16.98
Forward P/E11.48
PEG1.15
P/S4.67
P/B3.18
P/C2.94
P/FCF10.78
EV/EBITDA8.69
EV/Sales3.23
Quick Ratio3.44
Current Ratio3.45
Debt/Eq0.08
LT Debt/Eq0.00
Option/ShortYes / Yes

Earnings

EPS (ttm)7.21
EPS next Y10.66
EPS next Q2.45
EPS this Y5.79%
EPS next Y16.03%
EPS next 5Y10.01%
EPS past 3/5Y17.98% 22.50%
Sales past 3/5Y3.02% 7.98%
EPS Y/Y TTM-2.22%
Sales Y/Y TTM9.83%
EPS Q/Q-13.99%
Sales Q/Q14.70%
EarningsNov 19 BMO
EPS/Sales Surpr.-22.55% 2.55%

Ownership

Insider Own0.03%
Insider Trans-5.31%
Inst Own9.55%
Inst Trans-16.16%
ROA14.69%
ROE20.44%
ROIC18.89%
Gross Margin67.21%
Oper. Margin35.34%
Profit Margin27.87%
SMA201.00%
SMA502.01%
SMA2001.43%
Trades-

Technical

Shs Outstand640.25M
Shs Float636.73M
Short Float0.45%
Short Ratio3.80
Short Interest2.87M
52W High149.11 -17.92%
52W Low106.06 15.39%
Volatility2.43% 1.68%
ATR (14)3.28
RSI (14)51.47
Beta0.65
Rel Volume1.75
Avg Volume753.76K
Volume1,302,519

Performance

Perf Week0.93%
Perf Month-1.91%
Perf Quarter-0.22%
Perf Half Y2.11%
Perf YTD-11.07%
Perf Year-14.02%
Perf 3Y7.47%
Perf 5Y10.99%
Perf 10Y163.73%
Recom1.21
Target Price161.89
Prev Close128.03
Price122.38
Change %-4.41%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 22, 2026InitiatedBBNP Paribas ExaneOutperform$180+47.1%
Sep 03, 2025UpgradeAAreteSell → Buy$150+22.6%
Jul 28, 2025DowngradeJJP MorganOverweight → Neutral$140+14.4%
May 12, 2025InitiatedDDeutsche BankBuy$130+6.2%
Jan 08, 2025UpgradeMMorgan StanleyEqual-Weight → Overweight$90 → $108-11.8%
Jun 13, 2024InitiatedBBarclaysEqual Weight$104-15.0%
May 23, 2024DowngradeMMorgan StanleyOverweight → Equal-Weight$100-18.3%
Apr 12, 2024ReiteratedMMorgan StanleyOverweight$135 → $120-1.9%
Jan 11, 2024ResumedMMacquarieOutperform$126+3.0%
Jun 05, 2023InitiatedBBernsteinOutperform

Peers

Mkt cap
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GRVYGravity Co Ltd ADR471.77M
PLTKPlaytika Holding Corp981.56M
BILIBilibili Inc ADR4.76B
TMETencent Music Entertainment Group ADR5.80B
SESea Ltd ADR41.40B
SONYSony Group Corp ADR154.81B
UUnity Software Inc21.99B

Insider trading

4 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Mo BinVice President, FinanceSep 02 '26Sale120.6471686,3790Sep 04 06:12 AM
Mo BinOfficerSep 01 '26Proposed Sale121.7871687,194Sep 01 06:33 AM
Boltz Paul William JRGeneral CounselJun 29 '26Sale128.3010,0001,283,00012,223Jun 30 06:43 AM
Boltz Paul William JROfficerJun 29 '26Proposed Sale128.3110,0001,283,100Jun 29 01:31 PM

Held by

AUM
TickerCompanyAUM
AVEMAvantis Emerging Markets Equity ETFAUM: 26.77B
ESPOVanEck Video Gaming and eSports ETFAUM: 254.97M
DFEMDimensional Emerging Markets Core Equity 2 ETFAUM: 8.86B
CGNGCapital Group New Geography Equity ETFAUM: 3.02B
PIDInvesco International Dividend Achievers ETFAUM: 881.07M
MFSIMFS Active International ETFAUM: 1.28B
DWLDDavis Select Worldwide ETFAUM: 592.52M
METVRoundhill Metaverse ETFAUM: 221.52M
DFAEDimensional Emerging Core Equity Market ETFAUM: 9.14B
BRIEMFS Blended Research International Equity ETFAUM: 800.68M

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-19-2.454--4,53415
2026Q22026-08-201.7862.3061.6094,4744,36214
2026Q12026-05-212.5672.2252.3884,4984,31815
2025Q42026-02-111.5852.0431.3643,9864,14015
2025Q32025-11-202.0762.0671.8673,9974,07115
2025Q22025-08-142.0642.0661.8493,8883,95716
2025Q12025-05-152.4301.9132.2084,0003,93815
2024Q42025-02-202.0721.7291.9023,6723,73616
2024Q32024-11-141.6101.7021.4153,6283,70416
2024Q22024-08-221.6891.6691.4393,5733,62616
2024Q12024-05-231.8091.7441.6343,7083,72814
2023Q42024-02-291.5751.6941.3993,7703,90815
2023Q32023-11-161.8351.4951.6643,7633,74515
2023Q22023-08-241.9211.2551.8083,3233,43415
2023Q12023-05-251.6471.2311.5163,5503,54313
2022Q42023-02-231.0681.2090.8503,6793,70013

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2018FY1.9871.9471.34610,00710,001
2019FY3.4343.2094.4488,4448,964
2020FY3.4033.5282.60911,42011,351
2021FY4.6424.0863.88113,85613,840
2022FY5.0214.9684.44114,00214,088
2023FY6.9676.8346.38414,37714,590
2024FY7.1196.7836.38714,45614,595
2025FY8.3918.8147.58516,29716,381
2026FY-9.189--18,071
2027FY-10.662--19,432
2028FY-11.563--20,748
2029FY-12.990--22,557

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q3S2026-11-0418024,5344,3034,676
2026Q3S2026-11-0318044,5504,3184,693
2026Q3S2026-10-2118054,5294,2984,671
2026Q3S2026-10-2017044,5324,2904,662
2026Q3S2026-10-1316044,5374,2894,661
2026Q3S2026-09-1815044,5244,2804,651
2026Q3S2026-08-2415044,5214,3694,642
2026Q3S2026-08-2115044,5234,3674,640
2026Q3S2026-08-2014024,5374,3634,636
2026Q3S2026-08-1012014,5364,3164,623
2026Q3S2026-08-0912114,5354,3154,622
2026Q3S2026-08-0412124,5324,3134,620
2026Q3S2026-07-3112234,5304,3114,618
2026Q3S2026-07-0412224,5164,3864,595

Estimate history

EPS, annual2.2931.3464.4482.6093.8814.4416.3846.3877.2927.2096
Period201720182019202020212022202320242025TTM
EPS, quarterly1.4391.4151.9022.2081.8491.8671.3642.3881.591
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Sales, annual8005.3647734.3948573.42910672.9413583.68114330.25114603.77414630.80515667.61116687.98
Period201720182019202020212022202320242025TTM
Sales, quarterly3519.1143656.6623720.5693961.7443855.983962.0673885.0744417.9744422.87
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Shares, annual691.024691.024691.024669.867654.767644.725642.157633.592638.422640.25
Period201720182019202020212022202320242025MRQ
Shares, quarterly644.696622.597633.592644.494635.831624.929638.422633.592640.25
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue16,687.9815,667.6114,630.8114,603.7714,330.2513,583.6810,672.948,573.437,734.39
Cost of Goods Sold Incl. D&A5,471.975,595.645,486.895,811.476,494.146,300.665,025.004,006.723,601.69
Gross Profit11,216.0210,071.979,143.918,792.307,836.117,283.025,647.944,566.714,132.70
Selling, General and Administrative Excl. Other5,319.245,086.915,033.214,881.364,921.144,737.483,541.612,570.922,624.87
Research and Development2,589.482,464.942,435.082,326.722,233.392,182.541,502.321,217.571,115.07
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income5,896.784,985.064,110.703,910.942,914.972,545.542,106.331,995.791,507.83
Interest Expense-46.5283.09124.7896.5629.6635.9060.6547.74
Unusual Expense0.000.000.000.000.00-14.13-123.25-83.2661.64
Net Income Before Taxes5,831.915,680.014,962.994,806.893,601.323,028.052,202.132,371.011,673.98
Income Taxes1,085.95839.22758.86663.33747.26640.11440.70421.82371.87
Consolidated Net Income4,745.964,840.794,204.134,143.562,854.062,632.231,786.411,949.191,302.11
Net Income From Continuing Operations4,651.114,696.404,126.494,151.932,927.472,613.721,747.661,921.171,253.00
Net Income4,651.114,696.404,126.494,151.932,927.472,613.721,747.663,073.51929.79
EPS (Recurring)7.227.296.396.384.443.872.484.361.41
EPS (Basic, Before Extraordinaries)7.287.376.456.454.493.932.644.451.35
EPS (Diluted)7.217.296.396.384.443.882.614.451.35
EBITDA6,211.445,297.714,446.674,342.173,339.443,053.452,607.302,374.061,819.17
Non-Operating Income (Expense)29.16741.47935.381,020.73782.91498.058.44352.61275.53
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense337.01380.58450.51361.58353.54353.70289.42260.94280.16
Price To Earnings Ratio17.7617.7615.1515.9614.1525.8438.1713.8934.65
Price To Sales Ratio4.955.653.944.153.345.056.014.944.21
Gross Margin67.2164.2962.5060.2154.6853.6252.9253.2753.43
Operating Margin35.3431.8228.1026.7820.3418.7419.7423.2819.50
Net Margin27.8729.9828.2028.4320.4319.2416.3735.8512.02
Shares Outstanding640.25638.42633.59642.16644.72654.77669.87691.02691.02
Market Capitalization81,545.0081,545.0055,523.8658,243.0745,197.8762,264.8366,179.3742,379.1232,176.67

Income statement, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q3
Total Revenue4,422.874,417.973,885.073,962.073,855.983,961.743,720.573,656.66
Cost of Goods Sold Incl. D&A1,305.891,353.821,389.841,422.421,360.251,422.221,457.121,357.93
Gross Profit3,116.983,064.162,495.242,539.652,495.732,539.522,263.452,298.73
Selling, General and Administrative Excl. Other1,340.971,236.261,321.951,420.061,243.051,104.651,175.501,301.65
Research and Development682.22647.31625.38634.56602.30602.79621.75617.28
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income1,776.011,827.891,173.291,119.581,252.681,434.871,087.95997.07
Interest Expense--94.03-----
Unusual Expense0.000.000.000.000.000.000.000.00
Net Income Before Taxes1,414.021,930.811,074.741,412.351,472.241,711.201,433.261,115.56
Income Taxes361.20364.49176.35183.91215.77261.81192.65179.91
Consolidated Net Income1,052.821,566.32898.381,228.441,256.471,449.381,240.61935.65
Net Income From Continuing Operations1,025.511,541.55880.331,203.721,189.081,415.631,219.40912.21
Net Income1,025.511,541.55880.331,203.721,189.081,415.631,219.40912.21
EPS (Recurring)1.592.391.361.871.852.211.901.41
EPS (Basic, Before Extraordinaries)1.602.411.381.891.862.231.921.43
EPS (Diluted)1.592.391.361.871.852.211.901.41
EBITDA1,840.571,890.081,274.881,205.911,311.911,500.941,184.961,069.70
Non-Operating Income (Expense)-361.99102.91-4.53292.77219.56276.33345.31118.48
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense86.1266.7489.6194.5498.13103.34108.18102.35
Price To Earnings Ratio17.7615.3717.5920.6119.3316.0615.1515.24
Price To Sales Ratio4.954.485.676.325.694.443.914.11
Gross Margin70.4769.3664.2364.1064.7264.1060.8462.86
Operating Margin40.1641.3730.2028.2632.4936.2229.2427.27
Net Margin23.1934.8922.6630.3830.8435.7332.7724.95
Shares Outstanding640.25633.59638.42624.93635.83644.49633.59622.60
Market Capitalization81,545.0069,954.5586,002.7394,982.9685,570.1464,056.8955,523.8658,219.05

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments23,887.6019,271.4618,259.2417,284.7515,754.8514,759.0110,795.247,900.807,530.26
Short Term Receivables1,035.691,123.111,310.18937.881,118.961,024.47688.30666.75633.17
Inventories99.9678.3098.05142.93172.51105.2297.22166.28892.64
Other Current Assets822.72532.66452.18565.51702.63599.73636.961,274.72456.79
Total Current Assets25,845.9621,005.5420,119.6518,931.0817,748.9516,488.4312,217.7310,008.559,512.86
Net Property, Plant & Equipment1,251.491,241.381,244.231,040.081,016.42814.79730.06680.50578.83
Total Investments and Advances3,071.173,183.423,219.563,095.433,864.542,804.561,673.04778.52427.67
Long-Term Note Receivable76.27172.70221.79255.7933.3039.97239.9614.3116.46
Intangible Assets401.10447.75527.34616.28504.04679.59522.45358.50125.98
Deferred Tax Assets405.17152.54219.97213.01203.65166.18129.76155.02126.46
Other Assets633.19647.59662.88699.95736.34700.51583.64671.61119.52
Total Assets31,684.3626,850.9226,215.4224,851.6224,107.2521,694.0216,096.6412,667.0210,907.77
Short Term Debt Incl. Current Port. of LT Debt929.811,640.812,749.453,471.783,088.913,033.052,443.361,989.391,017.12
Accounts Payable92.0498.72124.22216.80154.56173.46174.04174.96375.08
Income Tax Payable399.37238.40252.45304.39542.78502.52341.34258.66216.57
Other Current Liabilities6,072.754,826.574,465.674,181.854,137.583,438.512,531.462,690.672,038.35
Total Current Liabilities7,493.976,804.497,591.798,174.817,923.837,147.545,490.195,113.683,647.13
Long Term Debt33.22115.16138.72622.52314.9572.6140.190.000.00
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities377.39297.72324.20305.84211.17109.0954.8457.1832.74
Other Liabilities153.51111.80100.8687.0257.3622.7625.547.972.80
Total Liabilities8,058.087,329.178,155.569,190.208,507.317,352.015,610.775,178.843,682.67
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity22,938.2818,999.9817,524.2915,065.5714,957.3012,558.008,822.336,588.067,022.73
Total Shareholders Equity22,938.2818,999.9817,524.2915,065.5714,957.3012,558.008,822.336,588.067,022.73
Accumulated Minority Interest688.01521.77535.56595.85642.641,784.021,663.55900.12202.37
Total Equity23,626.2819,521.7518,059.8515,661.4215,599.9414,342.0210,485.877,488.187,225.10
Total Liabilities & Stockholders Equity31,684.3626,850.9226,215.4224,851.6224,107.2521,694.0216,096.6412,667.0210,907.77
Book Value Per Share35.9329.9927.2923.3722.8418.7512.779.5310.16
Tangible Book Value Per Share35.3029.2826.4722.4122.0717.7312.019.019.98
Full-Time Employees25,38226,02829,12831,11932,06428,23920,79722,72618,129
Price to Book Ratio3.332.953.613.214.465.114.804.886.96
Return on Assets16.0515.5516.2611.9611.419.2513.3610.6316.45
Return on Equity22.4022.6025.4819.5019.0016.3524.9318.4125.31
Return on Invested Capital20.4421.5923.5118.6617.1113.8434.6814.1122.56
Quick Ratio3.443.082.642.302.222.292.211.922.36
Current Ratio3.453.092.652.322.242.312.231.962.61

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income4,754.364,840.794,204.134,143.562,946.862,632.231,786.413,101.53978.90
Depreciation313.74312.64335.97431.23424.46507.92500.97378.27311.34
Other Funds (Non Cash)1,612.25866.28421.05340.36151.58167.28614.37-1,002.40683.29
Funds from Operations6,757.245,845.265,005.714,933.703,595.623,370.682,914.522,499.201,962.86
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital582.021,213.26507.3953.05519.38494.31691.29-7.6264.62
Income Taxes Payable-8.41154.8126.09-34.48-136.2739.55163.23-19.36103.52
Cash from Operating Activities7,339.267,058.525,513.114,986.754,115.003,864.993,605.812,491.582,027.48
Capital Expenditures-207.71-285.52-363.08-663.34-440.66-523.88-500.01-481.74-1,033.31
Net Assets From Acquisitions-2.700.000.000.000.000.00-67.030.00-432.91
Sale of Fixed Assets and Businesses8.3220.8220.921.456.16456.1230.692,320.26803.44
Purchase or Sale of Investments-9,363.83-4,342.302,850.55-1,743.67-659.95-584.73-3,731.95-3,911.08-928.87
Purchase of Investments-32,741.67-27,788.62-22,862.69-17,999.26-16,343.66-15,989.91-16,731.88-14,767.13-8,937.91
Sale Or Maturity of Investments23,377.8323,446.3225,713.2416,255.6015,683.7115,405.1712,999.9410,856.048,009.04
Other Uses0.000.000.000.000.000.000.00-126.57-20.11
Other Sources6.535.510.000.000.000.000.00-216.14
Cash from Investing Activities-9,559.40-4,601.492,508.39-2,405.56-1,094.45-652.49-4,268.29-2,199.14-1,395.62
Cash Dividends Paid-1,935.81-1,923.32-1,551.43-1,131.10-998.51-543.99-620.16-1,279.42-217.65
Change in Capital Stock-451.28-88.94-1,226.95-738.78-1,236.78-2,003.971,509.781.54-1,135.96
Repurchase of Common Pref Stock-451.28-88.94-1,226.95-738.78-1,236.78-2,001.83-1,664.820.00-1,135.96
Sale of Common Pref Stock0.000.000.000.000.00-2.143,174.601.540.00
Proceedsfrom Stock Options0.000.000.000.000.00-2.140.000.000.00
Issuance or Reduction of Debt, Net271.37-806.65-1,038.83-1,172.19719.52264.87585.47430.04938.43
Change in Long Term Debt-839.110.000.000.000.00-0.000.000.00
Issuance of Long Term Debt771.140.000.000.000.00-0.000.000.00
Reduction of Long Term Debt-1,610.250.000.000.000.00-0.000.000.00
Net Financing Active Other Cash Flow0.000.000.0012.16-4.59-113.380.000.000.00
Other Financing Activities Uses0.000.000.000.00-4.59-113.380.000.000.00
Cash from Financing Activities-2,115.72-2,818.91-3,817.20-3,029.92-1,520.36-2,396.471,475.09-847.84-415.18
Exchange Rate Effect-117.95-53.201.49-28.5816.40-8.5823.464.2112.32
Net Change in Cash-4,453.81-415.084,205.78-477.301,516.58807.45836.07-551.20229.00
Free Cash Flow7,231.736,910.315,335.894,661.903,803.103,616.623,452.882,316.541,699.63
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow15.5917.7615.2317.1617.0722.3122.6540.8621.95
Deferred Taxes & Investment Tax Credit--174.4644.5618.5572.7263.2512.7821.80-10.67

Balance sheet, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q1
Cash & Short Term Investments26,504.0125,391.1023,887.6022,160.3520,992.2519,823.80
Short Term Receivables846.83939.881,035.69837.55806.14929.74
Inventories75.4479.0499.9689.5382.5871.40
Other Current Assets879.15899.35822.72964.13859.95917.64
Total Current Assets28,305.4327,309.3825,845.9624,051.5622,740.9321,742.59
Net Property, Plant & Equipment1,205.571,203.121,251.491,196.491,178.851,165.86
Total Investments and Advances3,183.32441.263,071.17400.21410.34417.86
Intangible Assets--401.10---
Deferred Tax Assets397.30419.00405.17366.94305.65177.02
Other Assets1,130.114,123.24633.194,116.204,461.814,194.75
Total Assets34,221.7333,496.0031,684.3630,131.4029,097.5727,698.08
Short Term Debt Incl. Current Port. of LT Debt1,857.541,585.86929.811,032.521,573.691,354.72
Accounts Payable103.50113.0492.04100.9297.0577.93
Income Tax Payable378.80834.64399.37605.85529.78628.50
Other Current Liabilities5,856.905,780.796,072.755,297.154,840.424,714.94
Total Current Liabilities8,196.748,314.357,493.977,036.447,040.956,776.09
Long Term Debt0.000.0033.220.000.000.00
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities549.31467.92377.39310.84380.22368.41
Other Liabilities191.73199.46153.51176.38170.00162.60
Total Liabilities8,937.788,981.738,058.087,523.677,591.177,307.10
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity24,625.0123,844.4522,938.2821,950.8720,876.0519,834.55
Total Shareholders Equity24,625.0123,844.4522,938.2821,950.8720,876.0519,834.55
Accumulated Minority Interest658.94669.82688.01656.86630.36556.43
Total Equity25,283.9524,514.2723,626.2822,607.7321,506.4120,390.98
Total Liabilities & Stockholders Equity34,221.7333,496.0031,684.3630,131.4029,097.5727,698.08
Book Value Per Share38.4637.6335.9335.1332.8330.78
Tangible Book Value Per Share38.4637.6335.3035.1332.8330.78
Full-Time Employees--25,382---
Price to Book Ratio3.333.193.924.634.373.40
Return on Assets14.6915.7416.0217.8017.4416.39
Return on Equity20.4422.0522.3624.6524.3623.93
Return on Invested Capital4.166.473.835.485.707.14
Quick Ratio3.443.283.443.413.223.20
Current Ratio3.453.283.453.423.233.21

Cash flow, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q1
Net Income1,059.121,566.32893.421,235.501,256.261,447.32
Depreciation64.6362.18100.5186.4159.2165.97
Other Funds (Non Cash)627.94247.62434.58302.1189.3538.76
Funds from Operations1,853.531,952.991,456.511,494.211,287.421,597.11
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-381.4830.33613.17319.99213.7464.28
Income Taxes Payable-294.61273.72-60.1172.59-104.42246.48
Cash from Operating Activities1,472.041,983.322,069.691,814.201,501.161,661.38
Capital Expenditures-12.52-86.96-45.23-63.00-73.40-103.40
Net Assets From Acquisitions0.68-3.380.000.000.000.00
Sale of Fixed Assets and Businesses2.120.243.182.778.826.02
Purchase or Sale of Investments-5,043.28-1,044.0986.64-3,363.11600.53-1,658.94
Purchase of Investments-10,008.81-8,010.05-6,630.66-8,092.15-4,949.00-8,069.24
Sale Or Maturity of Investments4,965.536,965.976,717.304,729.045,549.536,410.31
Other Uses0.000.000.000.000.000.00
Other Sources-8.509.52-1.056.550.000.00
Cash from Investing Activities-5,061.49-1,124.6743.55-3,416.78535.95-1,756.32
Cash Dividends Paid-464.43-744.67-361.12-365.59-426.96-766.36
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-263.49-189.77-2.334.31-49.10-41.66
Repurchase of Common Pref Stock-263.49-189.77-2.334.31-49.10-41.66
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net260.94678.19-131.87-535.89197.68-335.19
Change in Long Term Debt0.000.00-839.110.000.000.00
Issuance of Long Term Debt0.000.00771.140.000.000.00
Reduction of Long Term Debt0.000.00-1,610.250.000.000.00
Net Financing Active Other Cash Flow0.000.000.000.000.000.00
Other Financing Activities Uses0.000.000.000.000.000.00
Cash from Financing Activities-466.98-256.25-495.32-897.18-278.38-1,143.21
Exchange Rate Effect-27.82-49.22-24.49-16.41-4.40-7.81
Net Change in Cash-4,084.25553.181,593.43-2,516.171,754.34-1,245.96
Free Cash Flow1,468.891,938.242,050.261,774.341,474.811,599.07
Price to Free Cash Flow15.5913.5317.8520.3719.1116.31

Revenue breakdown

Total Services-Prepackaged Software revenue2024: 14.65B 2025: 15.67B
China2024: 14.65B 2025: 15.67B
Games and related Value-added Services2024: 11.64B 2025: 12.82B
Innovative businesses and others2024: 1.13B 2025: 947.40M
NetEase Cloud Music2024: 1.11B 2025: 1.08B
Youdao2024: 782.83M 2025: 822.21M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.45%2.9M636.7M710.89K
2026-10-150.34%2.2M636.7M736.49K
2026-09-300.47%3.0M636.7M811.12K
2026-09-150.47%3.0M636.7M894.76K
2026-08-310.42%2.7M636.7M916.59K
2026-08-140.52%3.3M636.7M1.02M
2026-07-310.40%2.6M636.7M1.02M
2026-07-150.40%2.6M638.2M1.00M
2026-06-300.41%2.6M638.2M915.86K
2026-06-150.51%3.3M638.2M851.54K
2026-05-290.49%3.1M638.2M900.39K
2026-05-150.45%2.8M638.2M774.22K
2026-04-300.50%3.2M632.7M835.56K
2026-04-150.35%2.2M632.7M834.43K
2026-03-310.33%2.1M624.7M841.79K
2026-03-130.34%2.1M624.7M780.31K
2026-02-270.40%2.5M624.7M685.11K
2026-02-130.37%2.3M624.7M740.07K
2026-01-300.33%2.1M624.8M648.62K
2026-01-150.37%2.3M624.8M638.90K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call60.0061.2064.200.003.4040.000.000.979-0.1270.009
call65.0056.2059.200.003.1190.000.000.977-0.1260.010
call70.0051.3054.100.002.7740.000.000.974-0.1240.011
call75.0046.3049.100.002.4570.000.000.971-0.1220.012
call80.0041.3044.100.002.1950.000.000.968-0.1190.013
call85.0036.3039.100.001.9420.000.000.964-0.1160.015
call90.0031.3034.1031.651.7091.000.000.959-0.1130.017
call95.0026.4029.1019.481.4771.000.000.953-0.1090.019
call10021.7024.200.001.2970.000.000.944-0.1040.021
call10517.0019.500.001.1290.000.000.938-0.0890.023
call11012.3015.000.000.9900.000.000.827-0.2160.049
call1158.309.608.800.68617.0012.000.733-0.2530.063
call1204.505.905.900.61061.006.000.600-0.2630.074
call1252.503.502.930.60951.004920.432-0.2600.075
call1301.101.701.410.57617310.000.273-0.2140.063
call1350.550.750.650.56622616.000.141-0.1370.043
call1400.150.900.350.7001054.000.120-0.1510.038
call1450.000.700.800.83211.000.000.109-0.1660.036
call1500.001.150.620.9254.000.000.091-0.1630.031
call1550.001.750.001.0330.000.000.083-0.1700.029
call1600.000.550.951.0842.000.000.065-0.1470.024
call1650.001.550.001.1720.000.000.061-0.1520.023
call1700.001.750.001.2610.000.000.058-0.1570.022
call1750.001.150.001.3440.000.000.055-0.1600.021
put60.000.002.150.002.4410.000.00-0.020-0.1280.009
put65.000.002.150.002.1950.000.00-0.023-0.1250.010
put70.000.001.750.001.9920.000.00-0.025-0.1250.011
put75.000.001.750.001.7680.000.00-0.028-0.1220.012
put80.000.002.150.001.5550.000.00-0.032-0.1180.014
put85.000.001.950.001.3630.000.00-0.036-0.1140.015
put90.000.001.350.251.1964.000.00-0.040-0.1120.017
put95.000.002.150.351.02021.000.00-0.047-0.1070.019
put1000.052.000.150.84727.005.00-0.055-0.1020.021
put1050.200.350.200.68329.001.00-0.067-0.0950.025
put1100.651.400.400.77825.000.00-0.172-0.2130.049
put1150.952.350.700.71372.000.00-0.266-0.2480.063
put1202.303.703.000.64123.002.00-0.399-0.2590.074
put1255.106.105.350.613103489-0.567-0.2550.075
put1307.509.905.560.6642.000.00-0.728-0.2080.063
put13511.7014.200.000.7420.000.00-0.857-0.1310.043
put14016.3018.700.000.7960.000.00-0.880-0.1440.038
put14521.2024.000.000.9970.000.00-0.899-0.1470.034
put15026.0029.600.001.2600.000.00-0.909-0.1550.031
put15531.0034.600.001.3690.000.00-0.917-0.1620.029
put16036.3039.600.001.5080.000.00-0.934-0.1390.024
put16541.0044.000.001.4490.000.00-0.938-0.1430.023
put17046.0049.600.001.7290.000.00-0.942-0.1470.022
put17551.0054.600.001.8320.000.00-0.945-0.1500.021

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-066-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-06SEC
2026-11-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-05SEC
2026-11-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-05SEC
2026-11-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-02SEC
2026-10-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-07SEC
2026-09-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-09-246-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-24SEC
2026-09-046-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-04SEC
2026-09-044Statement of changes in beneficial ownership of securities2026-09-02SEC
2026-09-01144Filing for proposed sale of securities under Rule 144.SEC
2026-08-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-28SEC
2026-08-27N-PXAnnual Report of Proxy Voting Record of Registered Management Investment Companies filed on Form N-PX2026-06-30SEC
2026-08-206-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-20SEC
2026-08-134Statement of changes in beneficial ownership of securities2026-08-11SEC
2026-08-1313F-HRFurther understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);2026-06-30SEC
2026-08-116-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-11SEC
2026-08-066-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-06SEC
2026-08-066-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-06SEC
2026-07-156-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-15SEC
2026-07-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-07SEC
2026-06-304Statement of changes in beneficial ownership of securities2026-06-29SEC
2026-06-29144Filing for proposed sale of securities under Rule 144.SEC
2026-06-256-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-25SEC
2026-06-236-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-23SEC
2026-05-216-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-21SEC
2026-05-186-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-18SEC
2026-05-1413F-HRFurther understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);2026-03-31SEC
2026-05-086-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-08SEC
2026-05-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-07SEC
2026-04-156-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-15SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090086.38K1
2026-080000
2026-070000
2026-06001.28M1
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1.26%
Ninety One UK Ltd0.91%
Orbis Allan Gray Ltd0.55%
FMR LLC0.38%
HARDING LOEVNER LP0.35%
DODGE & COX0.34%
Invesco Ltd.0.32%
MASSACHUSETTS FINANCIAL SERVICES CO /MA/0.25%
GQG Partners LLC0.19%
AMERICAN CENTURY COMPANIES INC0.18%

Funds

Fund% owned
Dodge & Cox International Stock Fund0.32%
Avantis Emerging Markets Equity ETF0.18%
Harding Loevner International Equity Portfolio0.15%
New World Fund Inc0.08%
International Growth and Income Fund0.05%
Amplify CWP International Enhanced Dividend Income ETF0.03%
American Funds Developing World Growth & Income Fund0.02%
Davis Global Fund0.02%
Davis Select Worldwide ETF0.01%
Ashmore Emerging Markets Equity Fund0.01%

OakChart. NTES. Cached 15 minutes.