NetEase, Inc.
NASDAQ Global SelectTotal Valuation
NetEase, Inc. carries a market capitalization of 76.16B, placing it among publicly traded companies globally. Its enterprise value stands at 2.63T, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 76.16B |
| Enterprise Value | 2.63T |
Share Statistics
NetEase, Inc. currently has 3.20B shares outstanding.
| Shares Outstanding | 3.20B |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
NetEase, Inc. trades at a trailing price-to-earnings ratio of 17.12. The price-to-sales ratio is 4.77, and the price-to-book ratio stands at 16.68.
| PE Ratio | 17.12 |
| PS Ratio | 4.77 |
| PB Ratio | 16.68 |
| P/TBV Ratio | 17.09 |
| P/FCF Ratio | 10.60 |
| P/OCF Ratio | 10.81 |
Enterprise Valuation
On an enterprise value basis, NetEase, Inc. trades at an EV/EBITDA multiple of 60.73 and an EV/FCF ratio of 49.64. The EV/Sales ratio of 22.54 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 63.99 provides insight into valuation relative to core operating earnings.
| EV / Sales | 22.54 |
| EV / EBITDA | 60.73 |
| EV / EBIT | 63.99 |
| EV / FCF | 49.64 |
Financial Position
NetEase, Inc. maintains a current ratio of 3.45, meaning it holds 3.5x the short-term assets needed to cover near-term liabilities.
| Current Ratio | 3.45 |
| Quick Ratio | 3.26 |
| Debt / Equity | 7.35 |
| Debt / EBITDA | 0.29 |
| Interest Coverage | N/A |
Financial Efficiency
NetEase, Inc. posts a return on equity of 20.53 and a return on invested capital of 18.74.
| Return on Equity (ROE) | 20.53 |
| Return on Assets (ROA) | 14.75 |
| Return on Invested Capital (ROIC) | 18.74 |
| Return on Capital Employed (ROCE) | 18.22 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 69.40 |
Taxes
Over the trailing twelve months, NetEase, Inc. has paid 7.55B in income taxes, reflecting an effective tax rate of 18.54.
| Income Tax | 7.55B |
| Effective Tax Rate | 18.54 |
Stock Price Statistics
NetEase, Inc.'s stock has declined approximately -17.15972% over the past 52 weeks. The 50-day moving average sits at 126.91, while the 200-day moving average is 124.94.
| Beta (5Y) | N/A |
| 52-Week Price Change | -17.15972% |
| 50-Day Moving Average | 126.91 |
| 200-Day Moving Average | 124.94 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, NetEase, Inc. generated 116.60B in revenue and converted that into 32.51B in net income, yielding earnings per share of 51.43. EBITDA reached 43.29B, while operating income came in at 41.08B.
| Revenue | 116.60B |
| Gross Profit | 78.30B |
| Operating Income | 41.08B |
| Pretax Income | 40.72B |
| Net Income | 32.51B |
| EBITDA | 43.29B |
| EBIT | 41.08B |
| Earnings Per Share (EPS) | 51.43 |
Balance Sheet
NetEase, Inc. holds 175.39B in cash and equivalents against 12.60B in total debt, resulting in a net debt position of -10.21B. Total book value stands at 167.09B, with working capital of 136.45B providing operational flexibility.
| Cash & Cash Equivalents | 175.39B |
| Total Debt | 12.60B |
| Net Debt | -10.21B |
| Equity (Book Value) | 167.09B |
| Book Value Per Share | 52.20 |
| Working Capital | 136.45B |
Cash Flow
NetEase, Inc. produced 51.48B in operating cash flow over the past twelve months. After subtracting -1.48B in capital expenditures, free cash flow totaled 50.00B - equivalent to 78.22 per share.
| Operating Cash Flow | 51.48B |
| Capital Expenditures | -1.48B |
| Free Cash Flow | 50.00B |
| FCF Per Share | 78.22 |
Margins
NetEase, Inc. operates with a gross margin of 67.15, reflecting its pricing power and cost economics. The operating margin of 35.23 and net profit margin of 27.88 provide insight into operational efficiency.
| Gross Margin | 67.15 |
| Operating Margin | 35.23 |
| Pretax Margin | 34.93 |
| Profit Margin | 27.88 |
| EBITDA Margin | 37.12 |
Dividends & Yields
The company's payout ratio of 39.76 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 21.05 |
| Dividend Yield | N/A |
| Payout Ratio | 39.76 |
| Shareholder Yield | 0.53 |
| FCF Yield | 9.43 |
Stock Splits
NetEase, Inc.'s most recent stock split took place on October 2, 2020 with a 1:5 split ratio.
| Last Split Date | 10/2/2020 |
| Split Ratio | 1:5 |
Scores
NetEase, Inc. posts an Altman Z-Score of 30.37, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 30.37 |