NetEase, Inc. Logo

NetEase, Inc.

NTES

(3.0)
Stock Price

85,49 USD

16.07% ROA

22.94% ROE

14.9x PER

Market Cap.

414.994.190.288,69 USD

10.4% DER

2.65% Yield

26.99% NPM

NetEase, Inc. Stock Analysis

NetEase, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

NetEase, Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (23.69%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (14%), which means it has a small amount of debt compared to the ownership it holds

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 Net Profit Growth

With continuous net profit growth in the past three years, this company demonstrates a strong financial performance, making it an enticing investment opportunity.

7 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

8 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (4.185) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 PBV

The stock's elevated P/BV ratio (4.76x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

10 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

NetEase, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

NetEase, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

NetEase, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

NetEase, Inc. Revenue
Year Revenue Growth
1999 15.618.162
2000 65.053.425 75.99%
2001 28.305.371 -129.83%
2002 220.890.026 87.19%
2003 542.229.487 59.26%
2004 903.597.827 39.99%
2005 1.612.363.481 43.96%
2006 2.164.359.470 25.5%
2007 2.213.286.764 2.21%
2008 3.084.584.149 28.25%
2009 3.823.450.618 19.32%
2010 3.756.947.000 -1.77%
2011 7.290.652.000 48.47%
2012 8.200.956.000 11.1%
2013 9.196.175.000 10.82%
2014 11.712.834.000 21.49%
2015 22.802.895.000 48.63%
2016 38.178.844.000 40.27%
2017 54.102.019.000 29.43%
2018 67.156.453.000 19.44%
2019 59.241.145.000 -13.36%
2020 73.667.133.000 19.58%
2021 87.606.026.000 15.91%
2022 96.495.809.000 9.21%
2023 109.081.624.000 11.54%
2023 103.468.159.000 -5.43%
2024 101.943.220.000 -1.5%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

NetEase, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1999 5.734.184
2000 12.663.589 54.72%
2001 11.171.451 -13.36%
2002 13.805.155 19.08%
2003 19.124.173 27.81%
2004 34.362.806 44.35%
2005 90.170.092 61.89%
2006 153.162.158 41.13%
2007 180.734.713 15.26%
2008 207.023.649 12.7%
2009 230.439.880 10.16%
2010 244.272.000 5.66%
2011 465.490.000 47.52%
2012 718.315.000 35.2%
2013 921.618.000 22.06%
2014 1.323.498.000 30.36%
2015 2.158.888.000 38.7%
2016 3.046.979.000 29.15%
2017 4.371.428.000 30.3%
2018 7.792.550.000 43.9%
2019 8.413.224.000 7.38%
2020 10.369.382.000 18.86%
2021 14.075.991.000 26.33%
2022 15.039.014.000 6.4%
2023 17.388.208.000 13.51%
2023 16.484.910.000 -5.48%
2024 17.822.868.000 7.51%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

NetEase, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 85.077.870 100%
2005 117.942.605 27.87%
2006 179.879.602 34.43%
2007 176.178.740 -2.1%
2008 181.841.322 3.11%
2009 212.533.368 14.44%
2010 165.205.000 -28.65%
2011 280.227.000 41.05%
2012 286.223.000 2.09%
2013 349.832.000 18.18%
2014 467.669.000 25.2%
2015 1.014.395.000 53.9%
2016 1.506.154.000 32.65%
2017 2.429.858.000 38.01%
2018 3.191.537.000 23.87%
2019 3.130.298.000 -1.96%
2020 3.371.827.000 7.16%
2021 4.263.549.000 20.92%
2022 4.695.798.000 9.21%
2023 5.976.744.000 21.43%
2023 4.899.880.000 -21.98%
2024 4.365.764.000 -12.23%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

NetEase, Inc. EBITDA
Year EBITDA Growth
1999 -53.287.458
2000 -150.580.472 64.61%
2001 -198.223.998 24.04%
2002 58.829.591 436.95%
2003 341.981.477 82.8%
2004 496.296.973 31.09%
2005 1.075.796.123 53.87%
2006 1.452.611.719 25.94%
2007 1.417.312.754 -2.49%
2008 2.167.556.420 34.61%
2009 2.234.484.158 3%
2010 2.167.978.000 -3.07%
2011 3.596.575.000 39.72%
2012 3.901.937.000 7.83%
2013 4.489.053.000 13.08%
2014 4.930.212.000 8.95%
2015 7.258.456.000 32.08%
2016 12.609.536.000 42.44%
2017 13.042.329.000 3.32%
2018 10.112.029.000 -28.98%
2019 15.072.947.000 32.91%
2020 19.498.294.000 22.7%
2021 17.235.557.000 -13.13%
2022 20.861.619.000 17.38%
2023 32.214.580.000 35.24%
2023 29.590.681.000 -8.87%
2024 31.043.924.000 4.68%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

NetEase, Inc. Gross Profit
Year Gross Profit Growth
1999 4.499.269
2000 32.873.092 86.31%
2001 -31.763.854 203.49%
2002 149.229.072 121.29%
2003 456.751.802 67.33%
2004 719.794.432 36.54%
2005 1.337.126.508 46.17%
2006 1.783.061.289 25.01%
2007 1.797.833.718 0.82%
2008 2.524.978.787 28.8%
2009 2.871.221.540 12.06%
2010 2.784.573.000 -3.11%
2011 4.918.364.000 43.38%
2012 5.622.889.000 12.53%
2013 6.717.659.000 16.3%
2014 8.451.290.000 20.51%
2015 13.403.635.000 36.95%
2016 21.663.812.000 38.13%
2017 25.912.693.000 16.4%
2018 28.403.496.000 8.77%
2019 31.555.300.000 9.99%
2020 38.983.402.000 19.05%
2021 46.970.801.000 17.01%
2022 52.766.126.000 10.98%
2023 67.865.200.000 22.25%
2023 63.063.394.000 -7.61%
2024 64.168.872.000 1.72%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

NetEase, Inc. Net Profit
Year Net Profit Growth
1999 -51.965.341
2000 -142.643.810 63.57%
2001 -232.639.594 38.68%
2002 16.297.859 1527.42%
2003 322.929.290 94.95%
2004 441.420.682 26.84%
2005 931.990.169 52.64%
2006 1.242.777.584 25.01%
2007 1.264.086.122 1.69%
2008 1.596.687.907 20.83%
2009 1.850.436.004 13.71%
2010 1.850.436.000 -0%
2011 3.234.264.000 42.79%
2012 3.637.452.000 11.08%
2013 4.443.910.000 18.15%
2014 4.756.623.000 6.57%
2015 6.735.108.000 29.38%
2016 11.604.520.000 41.96%
2017 10.707.939.000 -8.37%
2018 6.152.407.000 -74.04%
2019 13.468.607.000 54.32%
2020 12.062.754.000 -11.65%
2021 16.856.842.000 28.44%
2022 20.337.600.000 17.11%
2023 31.347.552.000 35.12%
2023 29.416.552.000 -6.56%
2024 27.034.996.000 -8.81%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

NetEase, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 2 100%
2007 2 50%
2008 3 0%
2009 3 0%
2010 3 0%
2011 5 50%
2012 6 20%
2013 7 16.67%
2014 7 14.29%
2015 10 30%
2016 18 41.18%
2017 16 -6.25%
2018 10 -77.78%
2019 21 55%
2020 18 -11.11%
2021 25 28%
2022 31 16.67%
2023 49 37.5%
2023 46 -6.67%
2024 42 -9.76%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

NetEase, Inc. Free Cashflow
Year Free Cashflow Growth
1999 -24.995.572
2000 -199.772.974 87.49%
2001 -206.821.819 3.41%
2002 103.307.317 300.2%
2003 347.166.810 70.24%
2004 554.011.606 37.34%
2005 1.012.180.456 45.27%
2006 1.453.595.291 30.37%
2007 1.281.430.091 -13.44%
2008 1.883.647.821 31.97%
2009 1.686.767.788 -11.67%
2010 1.481.949.000 -13.82%
2011 3.622.486.000 59.09%
2012 4.045.604.000 10.46%
2013 5.016.054.000 19.35%
2014 5.239.358.000 4.26%
2015 7.046.261.000 25.64%
2016 14.348.239.000 50.89%
2017 10.039.792.000 -42.91%
2018 6.529.864.000 -53.75%
2019 13.887.674.000 52.98%
2020 21.597.684.000 35.7%
2021 21.816.718.000 1%
2022 25.065.749.000 12.96%
2023 31.055.398.000 19.29%
2023 8.458.253.000 -267.16%
2024 5.963.419.000 -41.84%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

NetEase, Inc. Operating Cashflow
Year Operating Cashflow Growth
1999 -15.684.784
2000 -156.475.881 89.98%
2001 -185.722.715 15.75%
2002 115.871.630 260.28%
2003 374.996.585 69.1%
2004 614.153.858 38.94%
2005 1.104.789.431 44.41%
2006 1.596.108.793 30.78%
2007 1.379.902.442 -15.67%
2008 2.017.799.188 31.61%
2009 2.094.494.979 3.66%
2010 2.094.495.000 0%
2011 4.072.948.000 48.58%
2012 4.224.290.000 3.58%
2013 5.235.890.000 19.32%
2014 5.857.702.000 10.62%
2015 8.076.920.000 27.48%
2016 15.488.266.000 47.85%
2017 11.889.238.000 -30.27%
2018 13.415.877.000 11.38%
2019 17.216.458.000 22.08%
2020 24.888.171.000 30.82%
2021 24.926.727.000 0.15%
2022 27.709.233.000 10.04%
2023 35.331.275.000 21.57%
2023 9.843.920.000 -258.91%
2024 6.531.832.000 -50.71%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

NetEase, Inc. Capital Expenditure
Year Capital Expenditure Growth
1999 9.310.787
2000 43.297.093 78.5%
2001 21.099.104 -105.21%
2002 12.564.313 -67.93%
2003 27.829.774 54.85%
2004 60.142.252 53.73%
2005 92.608.975 35.06%
2006 142.513.502 35.02%
2007 98.472.351 -44.72%
2008 134.151.367 26.6%
2009 407.727.191 67.1%
2010 612.546.000 33.44%
2011 450.462.000 -35.98%
2012 178.686.000 -152.1%
2013 219.836.000 18.72%
2014 618.344.000 64.45%
2015 1.030.659.000 40%
2016 1.140.027.000 9.59%
2017 1.849.446.000 38.36%
2018 6.886.013.000 73.14%
2019 3.328.784.000 -106.86%
2020 3.290.487.000 -1.16%
2021 3.110.009.000 -5.8%
2022 2.643.484.000 -17.65%
2023 4.275.877.000 38.18%
2023 1.385.667.000 -208.58%
2024 568.413.000 -143.78%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

NetEase, Inc. Equity
Year Equity Growth
1999 136.064.160
2000 839.368.114 83.79%
2001 555.128.781 -51.2%
2002 580.889.024 4.43%
2003 881.178.761 34.08%
2004 1.353.245.520 34.88%
2005 2.391.093.361 43.4%
2006 2.905.668.181 17.71%
2007 3.398.633.429 14.5%
2008 5.516.645.241 38.39%
2009 7.411.909.993 25.57%
2010 7.425.344.000 0.18%
2011 13.098.464.000 43.31%
2012 15.601.486.000 16.04%
2013 20.168.263.000 22.64%
2014 23.459.609.000 14.03%
2015 29.323.599.000 20%
2016 38.462.941.000 23.76%
2017 46.435.140.000 17.17%
2018 46.025.845.000 -0.89%
2019 62.592.855.000 26.47%
2020 82.997.804.000 24.58%
2021 99.278.638.000 16.4%
2022 108.873.480.000 8.81%
2023 123.945.175.000 12.16%
2023 128.084.081.000 3.23%
2024 134.345.405.000 4.66%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

NetEase, Inc. Assets
Year Assets Growth
1999 143.727.038
2000 992.735.172 85.52%
2001 674.913.733 -47.09%
2002 619.534.503 -8.94%
2003 1.787.005.101 65.33%
2004 2.450.140.398 27.07%
2005 3.624.985.519 32.41%
2006 4.373.707.830 17.12%
2007 4.685.659.381 6.66%
2008 6.345.893.303 26.16%
2009 8.803.468.839 27.92%
2010 8.803.469.000 0%
2011 15.444.931.000 43%
2012 19.277.956.000 19.88%
2013 24.546.330.000 21.46%
2014 30.354.671.000 19.13%
2015 41.157.430.000 26.25%
2016 58.031.860.000 29.08%
2017 71.031.415.000 18.3%
2018 86.967.928.000 18.32%
2019 112.124.371.000 22.44%
2020 141.874.582.000 20.97%
2021 153.643.924.000 7.66%
2022 172.760.985.000 11.07%
2023 171.575.005.000 -0.69%
2023 185.924.978.000 7.72%
2024 183.342.621.000 -1.41%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

NetEase, Inc. Liabilities
Year Liabilities Growth
1999 7.662.877
2000 153.367.057 95%
2001 119.784.951 -28.04%
2002 38.645.479 -209.96%
2003 905.826.340 95.73%
2004 1.096.894.878 17.42%
2005 1.233.892.158 11.1%
2006 1.468.039.649 15.95%
2007 1.287.025.952 -14.06%
2008 829.038.797 -55.24%
2009 1.378.125.128 39.84%
2010 1.378.125.000 -0%
2011 2.346.467.000 41.27%
2012 3.676.470.000 36.18%
2013 4.378.067.000 16.03%
2014 6.862.877.000 36.21%
2015 11.833.831.000 42.01%
2016 19.568.919.000 39.53%
2017 24.596.275.000 20.44%
2018 40.942.083.000 39.92%
2019 49.531.516.000 17.34%
2020 58.876.778.000 15.87%
2021 54.365.286.000 -8.3%
2022 63.887.505.000 14.9%
2023 47.629.830.000 -34.13%
2023 57.840.897.000 17.65%
2024 48.997.216.000 -18.05%

NetEase, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
165.7
Net Income per Share
44.72
Price to Earning Ratio
14.9x
Price To Sales Ratio
3.89x
POCF Ratio
11.38
PFCF Ratio
12
Price to Book Ratio
3.28
EV to Sales
3.84
EV Over EBITDA
12.74
EV to Operating CashFlow
10.85
EV to FreeCashFlow
11.85
Earnings Yield
0.07
FreeCashFlow Yield
0.08
Market Cap
414,99 Bil.
Enterprise Value
409,63 Bil.
Graham Number
452.2
Graham NetNet
122.51

Income Statement Metrics

Net Income per Share
44.72
Income Quality
1.3
ROE
0.23
Return On Assets
0.16
Return On Capital Employed
0.21
Net Income per EBT
0.84
EBT Per Ebit
1.18
Ebit per Revenue
0.27
Effective Tax Rate
0.15

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0.16
Stock Based Compensation to Revenue
0.03
Gross Profit Margin
0.63
Operating Profit Margin
0.27
Pretax Profit Margin
0.32
Net Profit Margin
0.27

Dividends

Dividend Yield
0.03
Dividend Yield %
2.65
Payout Ratio
0.41
Dividend Per Share
2.5

Operating Metrics

Operating Cashflow per Share
58.58
Free CashFlow per Share
53.67
Capex to Operating CashFlow
0.08
Capex to Revenue
0.03
Capex to Depreciation
1.26
Return on Invested Capital
0.17
Return on Tangible Assets
0.16
Days Sales Outstanding
21.76
Days Payables Outstanding
7.25
Days of Inventory on Hand
5.26
Receivables Turnover
16.77
Payables Turnover
50.38
Inventory Turnover
69.46
Capex per Share
4.91

Balance Sheet

Cash per Share
190,71
Book Value per Share
208,54
Tangible Book Value per Share
202.3
Shareholders Equity per Share
203.21
Interest Debt per Share
21.13
Debt to Equity
0.1
Debt to Assets
0.07
Net Debt to EBITDA
-0.17
Current Ratio
3.01
Tangible Asset Value
130,32 Bil.
Net Current Asset Value
89,16 Bil.
Invested Capital
104339522000
Working Capital
92,23 Bil.
Intangibles to Total Assets
0.02
Average Receivables
7,07 Bil.
Average Payables
0,83 Bil.
Average Inventory
589211000
Debt to Market Cap
0.03

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

NetEase, Inc. Dividends
Year Dividends Growth
2013 1
2014 2 50%
2015 2 -100%
2016 3 50%
2017 4 33.33%
2018 2 -200%
2019 10 88.89%
2020 4 -200%
2021 1 0%
2022 2 100%
2023 2 0%
2024 2 50%

NetEase, Inc. Profile

About NetEase, Inc.

NetEase, Inc. provides online services focusing on diverse content, community, communication, and commerce in the Peoples' Republic of China and internationally. The company operates in three segments: Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others. It develops and operates PC and mobile games, as well as offers games licensed from other game developers. The company's products and services include Youdao Dictionary, an online knowledge tool; Youdao Translation, a tool specifically designed to support translation needs of business and leisure travelers; U-Dictionary, an online dictionary and translation app; Youdao Kids' Dictionary, a smart and fun tool; smart devices, such as Youdao Dictionary Pen, Youdao Listening Pod, Youdao Smart Lamp, Youdao Pocket Translator, and Youdao Super Dictionary; online courses; interactive learning apps; enterprise services, such as Youdao Smart Learning Terminal, a device that automates paper-based homework processing and provides learning diagnosis through artificial intelligence technology at schools; and Youdao Smart Cloud, a cloud-based platform that allows third-party app developers, smart device brands and manufacturers to access advanced optical character recognition capabilities and neural machine translation engine. Its products and services also include NetEase Cloud Music, a music streaming platform; Yanxuan, an e-commerce platform, which sells private label products, including consumer electronics, food, apparel, homeware, kitchenware, and other general merchandise; NetEase Media, an internet media platform; NetEase Mail, an email service; NetEase CC Live streaming, a live streaming platform with a focus on game broadcasting; and NetEase Pay, a payment platform. The company was formerly known as NetEase.com, Inc. and changed its name to NetEase, Inc. in March 2012. NetEase, Inc. was founded in 1997 and is headquartered in Hangzhou, the People's Republic of China.

CEO
Mr. Lei Ding
Employee
29.128
Address
NetEase Building
Hangzhou, 310052

NetEase, Inc. Executives & BODs

NetEase, Inc. Executives & BODs
# Name Age
1 Ryutaro Ichimura
President & Representative Director of PinCool Inc.
70
2 Ms. Ying Li
Head of Financial Reporting
70
3 Mr. Yingfeng Ding
Executive Vice President
70
4 Mr. Paul W. Boltz Jr.
General Counsel
70
5 Ms. Margaret Shi
IR Director
70
6 Mr. Bill Pang
Vice President of Corporate Development
70
7 Mr. Lei Ding
Founder, Chief Executive Officer & Director
70

NetEase, Inc. Competitors