NetEase, Inc. NTES

Latest FY: 2025 Communication Services Electronic Gaming & Multimedia
Market Price $125.13
Market Cap $78.52B
P/E Ratio 83.42
Quick Peer Compare (Communication Services):
Revenue (FY 2025) ↑11.6% YoY
$16.11B
3-Yr CAGR: 4.8%
Net Income ↑18.7% YoY
$4.83B
Net Margin: 30.0%
Free Cash Flow ↑35.0% YoY
$7.10B
FCF Yield: 9.05%
EPS (Diluted) ↑19.0% YoY
$1.50
Basic: $1.52
Return on Equity Efficiency
21.1%
ROA: 440.8%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (NTES)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $5,498.9M $3,120.2M $1,671.4M $0.51 $2,230.8M $2,067.2M
FY 2017 $8,315.3M +51.2% $3,982.7M $1,645.8M -1.5% $0.50 -2.0% $1,827.3M $1,544.1M -25.3%
FY 2018 $9,767.5M +17.5% $4,131.1M $894.8M -45.6% $0.27 -46.0% $1,951.3M $1,583.6M +2.6%
FY 2019 $8,509.5M -12.9% $4,532.6M $1,906.8M +113.1% $0.94 +248.1% $2,473.0M $2,299.3M +45.2%
FY 2020 $11,290.0M +32.7% $5,974.5M $1,848.7M -3.0% $0.55 -41.5% $3,814.3M $3,652.5M +58.9%
FY 2021 $13,747.3M +21.8% $7,370.7M $2,645.2M +43.1% $0.79 +43.6% $3,911.5M $3,660.2M +0.2%
FY 2022 $13,990.6M +1.8% $7,650.4M $2,858.1M +8.0% $0.89 +12.7% $4,017.5M $3,713.0M +1.4%
FY 2023 $14,573.2M +4.2% $8,882.3M $4,143.2M +45.0% $1.27 +42.7% $4,976.3M $4,652.1M +25.3%
FY 2024 $14,425.4M -1.0% $9,015.5M $4,068.6M -1.8% $1.26 -0.8% $5,435.7M $5,261.0M +13.1%
FY 2025 $16,105.3M +11.6% $10,353.3M $4,827.6M +18.7% $1.50 +19.0% $7,255.7M $7,103.3M +35.0%
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Valuation

Market Price $125.13
Market Cap $78.52B
Enterprise Value N/A
P/E Ratio 83.42
P/B Ratio 3.50
FCF Yield 9.05%
Dividend Yield N/A
Shares Outstanding 640,250,209
%

Profitability & Margins

Gross Margin 64.29%
Operating Margin 31.82%
Net Margin 29.98%
Return on Equity (ROE) 21.06%
Return on Assets (ROA) 440.82%
Asset Turnover 14.71x
Revenue 3-Yr CAGR 4.80%
🛡️

Financial Health & Liquidity

Current Ratio 0.48
Cash Ratio 2.96
Debt / Equity N/A
Debt / Assets N/A
Cash & Equivalents $6.74B
Total Debt N/A
Book Value / Share $35.80
💧

Cash Flow Efficiency

Operating Cash Flow $7.26B
Capital Expenditures (CapEx) $152.35M
Free Cash Flow $7.10B
OCF / Revenue 45.05%
FCF / Revenue 44.11%
FCF 3-Yr CAGR 24.14%
🏷️

Per Share Metrics

EPS (Diluted) $1.50
EPS (Basic) $1.52
Dividends / Share N/A
Book Value / Share $35.80
EPS YoY Growth 19.05%
🏛️

Balance Sheet (FY 2025)

Total Assets $1.10B
Total Liabilities $2.28B
Stockholders' Equity $22.92B
Current Assets $1.10B
Current Liabilities $2.28B