netease inc. - NTES

NTES

Close Chg Chg %
87.53 1.11 1.27%

Closed Market

88.64

+1.11 (1.27%)

Volume: 1.23M

Last Updated:

Nov 21, 2024, 4:00 PM EDT

Company Overview: netease inc. - NTES

NTES Key Data

Open

$87.49

Day Range

87.34 - 88.85

52 Week Range

75.85 - 117.47

Market Cap

$54.48B

Shares Outstanding

622.40M

Public Float

622.36M

Beta

0.56

Rev. Per Employee

N/A

P/E Ratio

14.87

EPS

$5.95

Yield

285.03%

Dividend

$0.43

EX-DIVIDEND DATE

Nov 29, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.55M

 

NTES Performance

1 Week
 
3.68%
 
1 Month
 
11.16%
 
3 Months
 
7.99%
 
1 Year
 
-23.20%
 
5 Years
 
42.78%
 

NTES Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 42
Full Ratings ➔

About netease inc. - NTES

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.

NTES At a Glance

NetEase, Inc.
NetEase Building
Hangzhou, Zhejiang 310052
Phone 86-571-8985-3378 Revenue 14.60B
Industry Packaged Software Net Income 4.15B
Sector Technology Services 2023 Sales Growth 1.909%
Fiscal Year-end 12 / 2024 Employees 29,128
View SEC Filings

NTES Valuation

P/E Current 14.868
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 14.594
Price to Sales Ratio 4.149
Price to Book Ratio 3.414
Price to Cash Flow Ratio 12.151
Enterprise Value to EBITDA 10.538
Enterprise Value to Sales 3.133
Total Debt to Enterprise Value 0.063

NTES Efficiency

Revenue/Employee 501,365.503
Income Per Employee 142,540.899
Receivables Turnover 11.146
Total Asset Turnover 0.572

NTES Liquidity

Current Ratio 2.65
Quick Ratio 2.637
Cash Ratio 2.405

NTES Profitability

Gross Margin 60.206
Operating Margin 26.78
Pretax Margin 32.915
Net Margin 28.431
Return on Assets 16.261
Return on Equity 25.48
Return on Total Capital 20.34
Return on Invested Capital 24.898

NTES Capital Structure

Total Debt to Total Equity 16.481
Total Debt to Total Capital 14.149
Total Debt to Total Assets 11.017
Long-Term Debt to Equity 0.792
Long-Term Debt to Total Capital 0.68
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Netease Inc. - NTES

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
10.67B 13.58B 14.33B 14.60B
Sales Growth
+24.49% +27.27% +5.50% +1.91%
Cost of Goods Sold (COGS) incl D&A
5.03B 6.30B 6.49B 5.81B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
500.97M 507.92M 424.46M 431.23M
Depreciation
- - 167.40M 108.64M
-
Amortization of Intangibles
- - 257.07M 322.59M
-
COGS Growth
+25.41% +25.39% +3.07% -10.51%
Gross Income
5.65B 7.28B 7.84B 8.79B
Gross Income Growth
+23.68% +28.95% +7.59% +12.20%
Gross Profit Margin
+52.92% +53.62% +54.68% +60.21%
2020 2021 2022 2023 5-year trend
SG&A Expense
3.54B 4.74B 4.92B 4.88B
Research & Development
1.50B 2.18B 2.23B 2.33B
Other SG&A
2.04B 2.55B 2.69B 2.55B
SGA Growth
+37.76% +33.77% +3.88% -0.81%
Other Operating Expense
- - - -
-
Unusual Expense
- - (123.25M) (14.13M)
-
EBIT after Unusual Expense
2.23B 2.56B 2.91B 3.91B
Non Operating Income/Expense
8.44M 498.05M 782.91M 1.02B
Non-Operating Interest Income
352.53M 464.33M 423.82M 890.79M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
35.90M 29.66M 96.56M 124.78M
Interest Expense Growth
-40.81% -17.38% +225.53% +29.23%
Gross Interest Expense
35.90M 29.66M 96.56M 124.78M
Interest Capitalized
- - - -
-
Pretax Income
2.20B 3.03B 3.60B 4.81B
Pretax Income Growth
-7.12% +37.51% +18.93% +33.48%
Pretax Margin
+20.63% +22.29% +25.13% +32.92%
Income Tax
440.70M 640.11M 747.26M 663.33M
Income Tax - Current - Domestic
427.93M 576.85M 674.54M 644.78M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
12.78M 63.25M 72.72M 18.55M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.79B 2.63B 2.85B 4.14B
Minority Interest Expense
38.75M 18.51M (73.41M) (8.37M)
Net Income
1.75B 2.61B 2.93B 4.15B
Net Income Growth
-9.03% +49.56% +12.00% +41.83%
Net Margin Growth
+16.37% +19.24% +20.43% +28.43%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.75B 2.61B 2.93B 4.15B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.75B 2.61B 2.93B 4.15B
EPS (Basic)
2.6436 3.9294 4.4852 6.4542
EPS (Basic) Growth
-40.56% +48.64% +14.14% +43.90%
Basic Shares Outstanding
661.09M 665.17M 652.69M 643.29M
EPS (Diluted)
2.6086 3.8808 4.4409 6.3836
EPS (Diluted) Growth
-41.35% +48.77% +14.43% +43.75%
Diluted Shares Outstanding
669.95M 673.50M 659.20M 650.41M
EBITDA
2.61B 3.05B 3.34B 4.34B
EBITDA Growth
+9.82% +17.11% +9.37% +30.03%
EBITDA Margin
+24.43% +22.48% +23.30% +29.73%

Snapshot

Average Recommendation BUY Average Target Price 779.819
Number of Ratings 42 Current Quarters Estimate 12.405
FY Report Date 12 / 2024 Current Year's Estimate 48.863
Last Quarter’s Earnings 11.63 Median PE on CY Estimate N/A
Year Ago Earnings 50.14 Next Fiscal Year Estimate 53.529
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 5 35 35
Mean Estimate 12.40 14.14 48.86 53.53
High Estimates 13.60 16.36 55.20 62.28
Low Estimate 11.59 13.16 42.04 44.17
Coefficient of Variance 5.18 9.12 4.28 5.75

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 32 30 31
OVERWEIGHT 3 4 4
HOLD 6 4 4
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Buy Buy Buy

Netease Inc. in the News