NetEase, Inc.

As of June 30, 2026, Netease Inc carries a market capitalization of 71.79B, placing it among publicly traded companies globally. Its enterprise value stands at 51.36B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Netease Inc's next confirmed earnings release is scheduled for November 12, 2026.

As of June 30, 2026, Netease Inc has 3.18B shares outstanding.

As of June 30, 2026, Netease Inc trades at a trailing price-to-earnings ratio of 17.09. The price-to-sales ratio is 4.76, and the price-to-book ratio stands at 3.33.

As of June 30, 2026, Netease Inc trades at an EV/EBITDA multiple of 9.20 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.41 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 9.69 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Netease Inc trades at an EV/FCF ratio of 7.96, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 51.36B versus a market cap of 71.79B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Netease Inc maintains a current ratio of 3.45, meaning it holds 3.5x the short-term assets needed to cover near-term liabilities.

Over the twelve months ended June 30, 2026, Netease Inc posted a return on equity (ROE) of 20.53, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 18.74 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 14.75, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 18.22, useful for judging operating efficiency across full business cycles. The company generates approximately 588,929.87 in revenue per employee across its workforce of 25,543.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 69.40 indicates how many times Netease Inc sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, Netease Inc recorded 973.96M in income tax expense. That works out to an effective tax rate of 18.54, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 5.25B, leaving 4.19B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on September 1, 2026, Netease Inc's stock has declined approximately 12.37% over the past 52 weeks. The 50-day moving average sits at 21.93, while the 200-day moving average is 21.36.

Over the twelve months ended June 30, 2026, Netease Inc generated 15.04B in revenue and converted that into 4.19B in net income, yielding earnings per share of 1.34. EBITDA reached 5.58B, while operating income came in at 5.30B.

As of June 30, 2026, Netease Inc holds 22.63B in cash and equivalents against 1.63B in total debt, resulting in a net debt position of -1.32B. Total book value stands at 21.56B, with working capital of 17.60B providing operational flexibility.

Netease Inc produced 6.64B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -190.80M in capital expenditures, free cash flow totaled 6.45B - equivalent to 2.03 per share.

Over the twelve months ended June 30, 2026, Netease Inc posted 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.

Over the twelve months ended June 30, 2026, Netease Inc paid dividends of 0.55 per share. The dividend payout ratio of 39.76 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 8.92, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 2.68, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Netease Inc shareholders.

As of June 30, 2026, Netease Inc has an Altman Z-Score of 8.30, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.