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NetEase, Inc. (NETTF)

USD24.26 +0.00 (+0.00%)
CN OTC Technology Electronic Gaming & Multimedia
Address NetEase Building 310052
Hangzhou, CN
CEO Lei Ding
IPO 2021-02-09
CIK 1110646 ISIN KYG6427A1022

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 9999.HK (HKD) NASDAQ Global Select · NTES (USD) Other OTC · NETTF (USD)
Description

NetEase, Inc. delivers a broad spectrum of online services, emphasizing diverse content creation, community building, communication solutions, and e-commerce activities both within the People's Republic of China and internationally. The enterprise is structured into four main business divisions: Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others. Through its Online Game Services segment, NetEase develops and operates games for both PC and mobile platforms, while also publishing titles licensed from other game developers. The Youdao segment encompasses a comprehensive suite of educational and translation products. These include the Youdao Dictionary, an online knowledge tool; Youdao Translation, specifically crafted for the translation needs of business and leisure travelers; U-Dictionary, a versatile online dictionary and translation app; and Youdao Kids' Dictionary, an intelligent and engaging tool for young learners. Youdao also manufactures a range of smart devices, such as the Dictionary Pen, Listening Pod, Smart Lamp, Pocket Translator, and Super Dictionary. Further offerings consist of online courses and interactive learning applications. For institutional clients, Youdao provides the Smart Learning Terminal, a device that automates paper homework processing and offers AI-driven learning diagnostics within schools. Additionally, Youdao Smart Cloud is a cloud-based platform that grants third-party app developers, smart device brands, and manufacturers access to advanced optical character recognition (OCR) capabilities and its neural machine translation (NMT) engine. NetEase's portfolio further includes NetEase Cloud Music, a prominent digital music streaming service; Yanxuan, a proprietary e-commerce platform marketing private-label products across categories like 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 broadcasting platform predominantly focused on gaming content; and NetEase Pay, a digital payment solution. Founded in 1997, the company originally operated as NetEase.com, Inc. before officially adopting the name NetEase, Inc. in March 2012. Its corporate headquarters are located in Hangzhou, the People's Republic of China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD24.26 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
180
Beta
0.80
Float Shares
1.74B
Free Float %
54.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +0.02% +8.16% -5.75% -17.59% -26.69% -10.86% +32.96% -11.82% -17.44% -17.44%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (25 ratings, all time) Buy
Price Targets & DCF
Current price
24.26
DCF (Unlevered) 32.80 +35.2%
DCF (Levered) 49.23 +102.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
6.34
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
8 / 10
Strong MOAT
Operational MOAT
✗ Below peers
  • Revenue growth Electronic Gaming & Multimedia: +4.1%
    +4.2% Q1'26: +6.1% (vs Q1'25)
  • EPS growth Electronic Gaming & Multimedia: +20.0%
    +11.1% Q1'26: +3.1% (vs Q1'25)
  • FCF margin FCF growth · Electronic Gaming & Multimedia: +41.4%
    +35.3% Q1'26: +42.9% (vs Q1'25)
  • EBIT margin Electronic Gaming & Multimedia: +10.3%
    +31.8% Q1'26: +41.4% (vs Q1'25)
  • ROIC Electronic Gaming & Multimedia: +6.6%
    +652.4% Q1'26: +436.9% (vs Q1'25)
  • Share dilution Electronic Gaming & Multimedia: +0.0%
    -0.4% Q1'26: +0.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Electronic Gaming & Multimedia: -1.53×
    0.17× Q1'26: 0.21× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.80) × ERP
WACC = 99% × Ke + 1% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 32.80 Current price: 24.26
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
30 Rev. Ana.
1 EPS Ana.
Dec 2027
29 Rev. Ana.
1 EPS Ana.
Dec 2028
22 Rev. Ana.
1 EPS Ana.
Dec 2029
18 Rev. Ana.
1 EPS Ana.
Revenue
22.80B
est: 22.71B (+0.4%)
38.18B
est: 37.90B (+0.7%)
54.10B
est: 54.28B (-0.3%)
67.16B
est: 64.43B (+4.2%)
59.24B
est: 61.93B (-4.3%)
73.67B
est: 73.53B (+0.2%)
87.61B
est: 87.42B (+0.2%)
96.50B
est: 95.47B (+1.1%)
103.47B
est: 103.31B (+0.2%)
105.30B
est: 106.74B (-1.4%)
109.72B
est: 112.57B (-2.5%)
122.44B
117.63B – 125.12B
+8.8% YoY
133.00B
127.90B – 139.98B
+8.6% YoY
141.73B
136.23B – 147.08B
+6.6% YoY
156.15B
150.09B – 162.05B
+10.2% YoY
EBITDA
7.45B
est: 5.92B (+25.9%)
12.96B
est: 9.88B (+31.2%)
13.79B
est: 14.15B (-2.6%)
12.04B
est: 16.80B (-28.3%)
16.40B
est: 16.14B (+1.6%)
18.00B
est: 19.17B (-6.1%)
19.69B
est: 22.79B (-13.6%)
22.49B
est: 24.89B (-9.6%)
30.76B
est: 26.93B (+14.2%)
32.00B
est: 49.28B (-35.1%)
37.10B
est: 51.97B (-28.6%)
56.53B
54.31B – 57.76B
+8.8% YoY
61.40B
59.05B – 64.62B
+8.6% YoY
65.43B
62.89B – 67.90B
+6.6% YoY
72.09B
69.29B – 74.81B
+10.2% YoY
EBIT
7.27B
est: 5.16B (+40.8%)
12.63B
est: 8.62B (+46.6%)
12.99B
est: 12.34B (+5.3%)
9.98B
est: 14.65B (-31.9%)
13.79B
est: 14.08B (-2.1%)
14.54B
est: 16.72B (-13.0%)
16.42B
est: 19.88B (-17.4%)
19.63B
est: 21.71B (-9.6%)
27.71B
est: 23.49B (+18.0%)
29.58B
est: 48.72B (-39.3%)
34.91B
est: 51.38B (-32.1%)
55.89B
53.70B – 57.11B
+8.8% YoY
60.71B
58.38B – 63.90B
+8.6% YoY
64.69B
62.18B – 67.14B
+6.6% YoY
71.28B
68.51B – 73.97B
+10.2% YoY
Net Income
6.74B
est: 6.49B (+3.7%)
11.60B
est: 10.98B (+5.7%)
10.71B
est: 11.24B (-4.7%)
6.15B
est: 8.12B (-24.2%)
21.24B
est: 14.34B (+48.1%)
12.06B
est: 14.76B (-18.3%)
16.86B
est: 16.66B (+1.2%)
20.34B
est: 21.78B (-6.6%)
29.42B
est: 31.26B (-5.9%)
29.70B
est: 31.97B (-7.1%)
32.89B
est: 39.01B (-15.7%)
42.60B
40.45B – 44.69B
+9.2% YoY
47.20B
44.82B – 49.52B
+10.8% YoY
50.56B
48.01B – 53.04B
+7.1% YoY
56.12B
53.29B – 58.87B
+11.0% YoY
SGA
3.97B
est: 4.21B (-5.6%)
5.99B
est: 7.02B (-14.7%)
9.39B
est: 10.06B (-6.7%)
12.72B
est: 11.94B (+6.5%)
9.35B
est: 11.48B (-18.5%)
14.08B
est: 13.63B (+3.3%)
16.48B
est: 16.20B (+1.7%)
18.10B
est: 17.69B (+2.3%)
18.87B
est: 19.15B (-1.4%)
18.70B
est: 19.28B (-3.0%)
18.36B
est: 20.33B (-9.7%)
22.11B
21.24B – 22.60B
+8.8% YoY
24.02B
23.10B – 25.28B
+8.6% YoY
25.59B
24.60B – 26.56B
+6.6% YoY
28.20B
27.10B – 29.26B
+10.2% YoY
EPS
2.05
est: 2.01 (+2.0%)
3.54
est: 3.40 (+4.2%)
3.25
est: 3.48 (-6.6%)
1.89
est: 2.51 (-24.8%)
6.53
est: 4.44 (+47.1%)
3.65
est: 4.57 (-20.1%)
5.07
est: 5.16 (-1.7%)
6.23
est: 6.74 (-7.6%)
9.16
est: 9.68 (-5.3%)
9.28
est: 9.94 (-6.6%)
10.35
est: 12.12 (-14.6%)
13.24
12.57 – 13.89
+9.2% YoY
14.67
13.93 – 15.39
+10.8% YoY
15.71
14.92 – 16.48
+7.1% YoY
17.44
16.56 – 18.29
+11.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A 4/5 5/5 5/5 5/5 3/5 3/5 2/5
2026-05-07 A 4/5 5/5 5/5 5/5 3/5 3/5 2/5
2026-05-01 A 4/5 5/5 4/5 5/5 3/5 3/5 2/5
2026-04-30 A 4/5 5/5 4/5 5/5 3/5 3/5 2/5
2026-04-27 A 4/5 5/5 4/5 5/5 3/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
51.06B
OE per share TTM
15.84
Owner's Yield
72.45%
Maintenance CapEx ratio
4.41%
Maint CapEx / Avg PPE
7.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.34M
Shares Outstanding
3.19B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Aileen Bin Mo Vice President of Finance female
Bill Pang Vice President of Corporate Development male
Lei Ding Founder, Chief Executive Officer & Director male
Margaret Shi IR Director female
Paul W. Boltz Jr. General Counsel male
Ryutaro Ichimura President & Representative Director of PinCool Inc.
Yingfeng Ding Consultant male
ESG Rating
E (Environmental)
11.8
S (Social)
32.5
G (Governance)
24.8
ESG Total
23.0
ESG Score History
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits