NetEase (NTES) Stock Price

NetEase Price

NASDAQ·CLOSED
775.98
-2.77 (-0.36 %)
Market closed

Over the last 19 years NetEase grew revenue by 23.1% annually, reaching 112.63 B CNY. Earnings per share have grown at 18.8% per year over the last 19 years. For NetEase, the net margin of 30.0% is up versus 19.2% a few years ago. At today's price the dividend yield works out to roughly 0.39%. The payout ratio is around 39% of earnings. The dividend has grown at 23.3% per year over the past 13 years. The consensus 12-month price target for NetEase is 1,099.33 CNY, about 41.7% above where the stock trades today. Of 34 analysts, 30 rate the stock a buy — an overall Buy consensus. The stock trades about 3% above its 52-week low.

NetEase stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of NetEase over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how NetEase stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing NetEase's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

NetEase Stock Price History
DateNetEase Price
9/11/2026775.98 CNY
9/10/2026778.76 CNY
9/9/2026778.96 CNY
9/8/2026802.32 CNY
9/4/2026804.96 CNY
9/3/2026788.09 CNY
9/2/2026803.96 CNY
9/1/2026808.03 CNY
8/31/2026825.05 CNY
8/28/2026823.09 CNY
8/27/2026823.55 CNY
8/26/2026830.89 CNY
8/25/2026867.03 CNY
8/24/2026867.28 CNY
8/21/2026863.72 CNY
8/20/2026809.14 CNY
8/19/2026851.56 CNY
8/18/2026847.84 CNY
8/14/2026844.90 CNY
8/13/2026828.21 CNY
8/12/2026837.67 CNY
8/11/2026863.19 CNY
8/10/2026894.96 CNY
8/7/2026893.86 CNY
8/6/2026880.81 CNY
8/5/2026862.63 CNY
8/4/2026882.01 CNY
8/3/2026888.50 CNY
7/31/2026899.75 CNY
7/30/2026890.99 CNY
Access this data via the Eulerpool API

NetEase Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
103.47 B CNY
27.71 B CNY
29.42 B CNY
Jan 1, 2024
105.30 B CNY
29.58 B CNY
29.70 B CNY
Jan 1, 2025
112.63 B CNY
35.83 B CNY
33.76 B CNY
Jan 1, 2026 (e)
120.72 B CNY
48.43 B CNY
1.33 T CNY
Jan 1, 2027 (e)
129.77 B CNY
56.07 B CNY
1.56 T CNY
Jan 1, 2028 (e)
140.21 B CNY
63.31 B CNY
252.18 B CNY
Jan 1, 2029 (e)
155.74 B CNY
68.40 B CNY
283.66 B CNY
Jan 1, 2030 (e)
172.76 B CNY
61.06 B CNY
0.00 CNY

NetEase Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 15, 2026, 10:32 AM
 
REVENUEB CNY
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB CNY
EBITT CNY
EBIT MARGIN%
NET INCOMET CNY
NET INCOME GROWTH%
DIV.CNY
DIV. GROWTH%
SHARESB
20162017201820192020202120222023202420252026e2027e2028e2029e2030e2031e
38.1844.4451.1859.2473.6787.6196.50103.47105.30112.63120.72129.77140.21155.74172.76183.48
67.4316.3915.1715.7524.3518.9210.157.231.776.967.187.508.0411.0710.936.21
56.7458.3155.5053.2752.9253.6254.6860.9562.5064.2864.2864.2864.2864.2864.2864.28
21.6625.9128.4031.5638.9846.9752.7763.0665.8172.4077.6083.4290.13100.11111.06117.95
0.010.010.010.010.010.020.020.030.030.040.050.060.060.070.06
33.0829.2419.4923.2819.7318.7420.3426.7828.1031.8240.1243.2145.1543.9235.34
0.010.010.010.020.010.020.020.030.030.031.331.560.250.28
72.29-7.73-42.54245.20-43.2039.7420.6544.640.9613.683,848.9916.84-83.8112.48
0.590.730.331.132.410.831.521.762.443.043.153.293.45
63.8923.73-54.79242.42113.27-65.9885.3715.7938.6424.593.624.444.86
0.660.660.640.650.680.660.650.650.640.650.650.650.650.650.650.65
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales NetEase generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue NetEase retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare NetEase's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares NetEase has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against NetEase's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

NetEase stock margins

The NetEase margin analysis displays the gross margin, EBIT margin, as well as the profit margin of NetEase. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for NetEase.
  • 3 Years

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  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
53.62 %
18.74 %
19.24 %
Jan 1, 2022
54.68 %
20.34 %
21.08 %
Jan 1, 2023
60.95 %
26.78 %
28.43 %
Jan 1, 2024
62.50 %
28.10 %
28.20 %
Jan 1, 2025
64.29 %
31.82 %
29.98 %
Jan 1, 2026 (e)
64.29 %
40.12 %
1,104.34 %
Jan 1, 2027 (e)
64.29 %
43.21 %
1,200.32 %
Jan 1, 2028 (e)
64.29 %
45.15 %
179.86 %

NetEase Stock Revenue, EBIT, Earnings per Share

The NetEase earnings per share therefore indicates how much revenue NetEase has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
131.82 CNY
24.70 CNY
25.36 CNY
Jan 1, 2022
147.59 CNY
30.02 CNY
31.11 CNY
Jan 1, 2023
159.21 CNY
42.64 CNY
45.26 CNY
Jan 1, 2024
164.21 CNY
46.14 CNY
46.31 CNY
Jan 1, 2025
174.46 CNY
55.51 CNY
52.29 CNY
Jan 1, 2026 (e)
37.51 CNY
75.02 CNY
414.25 CNY
Jan 1, 2027 (e)
40.32 CNY
86.85 CNY
484.02 CNY
Jan 1, 2028 (e)
43.57 CNY
98.06 CNY
78.36 CNY

NetEase business model & stock analysis

NetEase Inc is a Chinese company that was founded in 1997. It is headquartered in Hangzhou, Zhejiang, China. NetEase offers a variety of internet-related services and products. It has been listed on the Nasdaq Stock Exchange since 2000. NetEase was founded by William Ding as an online portal with the goal of improving internet access in China and providing users with a platform to easily find information and services. It started with an email service, which quickly became popular. Today, NetEase is one of the largest internet providers in China. Its business model focuses on providing internet services and products, including online gaming, e-commerce, e-learning, and music. It is known for its innovation and constantly developing new offers. The company's main focus is online gaming, where it has developed popular games such as "Fantasy Westward Journey" and "Revelation Online". It is also a major e-commerce provider in China, operating several online stores including Yanxuan, offering high-quality products. NetEase has also ventured into e-learning with its platform called Youdao, offering online courses. Additionally, it provides a popular music streaming platform called NetEase Cloud Music, which offers both Chinese and international music. In recent years, NetEase has invested in new technologies such as artificial intelligence (AI) and VR technologies. Overall, NetEase Inc is a successful Chinese company that focuses on internet services and products, offering a wide range of services from online gaming and e-commerce platforms to e-learning and music streaming. It is known for its innovation and continuous development of new products and services.

NetEase SWOT Analysis

Strengths

NetEase Inc. is a well-established global internet technology company with a strong presence in various sectors, including gaming, e-commerce, advertising, and education.

The company has a diversified portfolio of successful digital products and services, which helps to reduce risks associated with relying on a single revenue stream.

NetEase has a large user base, both in China and internationally, providing a substantial customer reach and potential for growth.

The company has a solid financial position, with steady revenue growth and a strong cash flow, enabling investments in research and development, acquisitions, and future expansion.

Weaknesses

NetEase faces intense competition in its various business segments, leading to the risk of market saturation and potential erosion of market share.

The company heavily relies on the Chinese market, which exposes it to uncertainties related to government regulations and geopolitical tensions.

NetEase's success is significantly influenced by the popularity of its gaming titles, making it vulnerable to changes in consumer preferences and the cyclical nature of the gaming industry.

The company's international growth strategy is relatively slower compared to its domestic expansion, limiting its presence in certain key markets.

Opportunities

NetEase has the opportunity to further expand and diversify its product portfolio by investing in emerging technologies such as virtual reality, augmented reality, and artificial intelligence.

The company can capitalize on the growing demand for online education and e-learning platforms by strengthening its offerings in this sector.

NetEase can explore strategic partnerships or collaborations to access new markets and broaden its global footprint.

The increasing popularity of mobile gaming presents a significant opportunity for NetEase to leverage its expertise in this area and strengthen its market position.

Threats

NetEase faces potential threats from stricter regulations imposed by governments, particularly concerning data security and privacy issues.

The company is exposed to the risk of cyberattacks, which could impact its business operations and compromise the security of user data.

Competition from domestic and international players in the internet technology industry poses a threat to NetEase's market share and profitability.

Economic downturns and market volatility can adversely affect consumer spending and demand for NetEase's products and services.

NetEase Employees

  • 3 Years

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  • Max

NetEase Employees
Details
Date
NetEase Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

NetEase Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

NetEase historical P/E ratio, EBIT multiple, and P/S ratio

NetEase annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down NetEase's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in NetEase's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare NetEase's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

NetEase shares outstanding

The number of shares of NetEase was 645.58 M in 2025. This indicates how many shares NetEase is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
664.60 M Stocks
Jan 1, 2022
653.82 M Stocks
Jan 1, 2023
649.89 M Stocks
Jan 1, 2024
641.22 M Stocks
Jan 1, 2025
645.58 M Stocks
Jan 1, 2026 (e)
645.58 M Stocks
Jan 1, 2027 (e)
645.58 M Stocks
Jan 1, 2028 (e)
645.58 M Stocks

NetEase stock splits

Since 2006, a total of 20 shares have been converted from one NetEase share.

DateRatioType
10/2/20201 : 5Stock Split
3/28/20061 : 4Stock Split

NetEase Dividend History

15 years of dividend payments · 4 consecutive increases

YearAnnual DividendYoY ChangePayments
20262.36CNYYTD
Mar 16, 20261.16CNY 103.5%1/3
Jun 5, 20260.72CNY 37.9%2/3
Sep 3, 20260.48CNY 33.3%3/3
20253.04CNY 24.1%
Mar 6, 20251.22CNY 180.5%1/4
May 30, 20250.68CNY 44.7%2/4
Aug 28, 20250.57CNY 15.6%3/4
Dec 5, 20250.57CNY 0.0%4/4
20242.44CNY 39.3%
20231.76CNY 15.3%
20221.52CNY 84.5%
20210.83CNY 65.8%
20202.41CNY 113.2%
20191.13CNY 238.9%
20180.33CNY 54.1%
20170.73CNY 24.2%

NetEase dividend history and estimates

In 2025, NetEase paid a dividend amounting to 3.04 CNY. Dividend means that NetEase distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021
0.83 CNY
0.00 CNY
0.00 CNY
Jan 1, 2022
1.52 CNY
0.00 CNY
0.00 CNY
Jan 1, 2023
1.76 CNY
0.00 CNY
0.00 CNY
Jan 1, 2024
2.44 CNY
0.00 CNY
0.00 CNY
Jan 1, 2025
3.04 CNY
0.00 CNY
0.69 CNY
Jan 1, 2026 (e)
2.36 CNY
0.79 CNY
0.00 CNY
Jan 1, 2027 (e)
0.00 CNY
3.29 CNY
0.00 CNY
Jan 1, 2028 (e)
0.00 CNY
3.45 CNY
0.00 CNY

NetEase dividend payout ratio

In 2025, NetEase had a payout ratio of 38.94%. The payout ratio indicates the percentage of the company's profits that NetEase distributes as dividends.
  • 3 Years

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  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
21.82 %
Jan 1, 2022
32.83 %
Jan 1, 2023
26.01 %
Jan 1, 2024
35.42 %
Jan 1, 2025
38.94 %
Jan 1, 2026 (e)
0.76 %
Jan 1, 2027 (e)
0.68 %
Jan 1, 2028 (e)
4.40 %

Current NetEase forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
88.24 % (30)
Hold
11.76 % (4)
Sell
0.00 % (0)
12M Price Target
1,099.33
Last Price
775.98
Currency
CNY
12M Return Potential
41.67 %
LTM Return
-29.63 %

NetEase Analyst Rating Actions

DateFirmActionRatingReliability
2/12/2026
Barclays
Barclays
MaintainedEqual Weight62
11/21/2025
Benchmark
Benchmark
MaintainedBuy76
11/21/2025
Barclays
Barclays
MaintainedEqual Weight62
10/10/2025
JP Morgan
JP Morgan
UpgradeNeutralOverweight53
9/3/2025
Arete
Arete
UpgradeSellBuy
8/18/2025
Barclays
Barclays
MaintainedEqual Weight62
7/28/2025
JP Morgan
JP Morgan
MaintainedOverweight53
5/19/2025
JP Morgan
JP Morgan
MaintainedOverweight53
5/16/2025
Barclays
Barclays
MaintainedEqual Weight62
2/24/2025
Barclays
Barclays
MaintainedEqual Weight62

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

NetEase Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/20/202615.51CNY-29.99 BCNY-2026 Q2
5/21/202615.45CNY-30.16 BCNY-2026 Q1
2/11/202614.76CNY-29.19 BCNY-2025 Q4
11/20/202515.07CNY14.73CNY29.74 BCNY-2025 Q3
8/14/202515.24CNY-29.07 BCNY-2025 Q2
11/14/202412.76CNY-27.32 BCNY-2024 Q3
5/23/202413.08CNY-28.65 BCNY-2024 Q1
2/21/202412.67CNY-29.06 BCNY-2023 Q4
11/15/20238.09CNY-26.63 BCNY-2023 Q3
8/16/20238.25CNY-27.47 BCNY-2023 Q2
...

EESG©

Eulerpool ESG Scorecard© for the NetEase stock

88/100
99
Environment
99
Social
67
Governance
E

Environment

Scope 1 - Direct Emissions11,479
Scope 2 - Indirect emissions from purchased energy35,724
Scope 3 - Indirect emissions within the value chain274,645
Total CO₂ emissions47,203
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

Percentage of female employees34.85
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

NetEase shareholder structure

% Name
0.25095%
UBS ASSET MANAGEMENT AMERICAS INC
UBS ASSET MANAGEMENT AMERICAS INC
0.19562%
Ninety One UK Limited
Ninety One UK Limited
0.19533%
NINETY ONE UK LTD
NINETY ONE UK LTD
0.12382%
UBS Asset Management (Americas) LLC
UBS Asset Management (Americas) LLC
0.12181%
UBS Asset Management (Switzerland)
UBS Asset Management (Switzerland)
0.11138%
ORBIS ALLAN GRAY LTD
ORBIS ALLAN GRAY LTD
...

NetEase Beneficial Ownership Filings (SEC 13D/G)

Free Float
100.0%
Float Shares
638.21 M
Shares Outstanding
638.42 M
StakeHolderFiling
74.30%
NetEase, Inc.
NetEase, Inc.
SEC ↗
11.00%
Lazard Asset Management LLC
Lazard Asset Management LLC
SEC ↗
7.61%
FMR LLC
FMR LLC
SEC ↗
7.61%
Edward C. Johnson 3d
Edward C. Johnson 3d
SEC ↗
6.60%
Capital Research Global Investors **
Capital Research Global Investors **
SEC ↗
4.08%
Yongping Duan and Xin Liu
Yongping Duan and Xin Liu
SEC ↗
3.20%
Lone Pine Members LLC
Lone Pine Members LLC
SEC ↗
2.20%
Lone Cascade, L.P.
Lone Cascade, L.P.
SEC ↗
0.90%
Lone Dragon Pine, L.P.
Lone Dragon Pine, L.P.
SEC ↗
0.60%
Stephen F. Mandel, Jr.
Stephen F. Mandel, Jr.
SEC ↗

NetEase Executives and Management Board

9 members · avg. age 58 · 33 % women

LD

Mr. Lei Ding (53)

Chief Executive Officer, Director · since 1999

49,352.00 CNY

Management

YD

Mr. Yingfeng Ding (53)

Executive Vice President

PB

Mr. Paul Boltz (55)

General Counsel

YL

Ms. Ying Li (42)

Head of Financial Reporting

Board of Directors

JC

Mr. Johnny Chan Kok Chung

Independent Director

YC

Ms. Yu-Fen Cheng (63)

Non-Executive Independent Director

ML

Mr. Man-kit Leung (71)

Non-Executive Independent Director

HT

Ms. Hui Tang (65)

Non-Executive Independent Director

TT

Mr. Tze Kay Tong (62)

Non-Executive Independent Director

NetEase Supply Chain

NetEase Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Nameβ 1YTrend
1
Kweichow Moutai A
Supplier·Beverages·CN
0.41
0.27
-0.19
0.53
0.61
0.66
0.42
2
Shenzhen Transsion Holding A
Supplier·Customer·Technology Hardware, Storage & Peripherals·CN
0.62
0.40
-0.50
0.51
0.42
0.54
3
Kingsoft ADR
Supplier·IT Services·CN
0.63
0.70
0.25
0.64
0.24
0.47
4
Youdao ADR
Supplier·Customer·Diversified Consumer Services·CN
0.48
0.46
0.03
0.68
0.70
0.30
#Nameβ 1YTrend
1
Shenzhen Farben Info Tech A
Supplier·IT Services·CN
0.56
-0.13
-0.17
0.57
0.42
2
Fulu Holdings
Supplier·Customer·Internet & Direct Marketing Retail·CN
0.30
-0.09
-0.42
0.47
0.50
3
Modern Avenue Group A
Supplier·Customer·Specialty Retail·CN
0.68
-0.13
-0.31
-0.50
-0.53
-0.47
4
China National Electric Apparatus A
Supplier·Electrical Equipment·CN
0.74
0.11
-0.38
0.58
-0.22
-0.36
5
Merit Interactive A
Supplier·IT Services·CN
0.08
-0.05
-0.33
0.26
0.20
-0.33

Frequently asked questions about NetEase

The business model of NetEase Inc is primarily focused on providing online services and products to various consumer segments in China. The company operates through multiple business divisions including online games, advertising, e-commerce, education, and music streaming. NetEase Inc has gained a strong foothold in the Chinese market by offering popular online games, such as Fantasy Westward Journey and The Ghost. In addition, the company has diversified its operations by venturing into e-commerce platforms like Yanxuan and Kaola, providing consumers with a wide range of products. NetEase Inc's business model emphasizes innovation, customer satisfaction, and strategic partnerships, enabling the company to maintain a competitive edge in the market.

NetEase Inc is primarily active in the technology and entertainment industries.

The main competitors of NetEase Inc in the market include companies such as Tencent Holdings Limited, Alibaba Group Holding Limited, and Bilibili Inc.

NetEase Inc is a renowned multinational internet and technology company based in China. Established in 1997, NetEase has since evolved into one of the leading providers of online services, encompassing gaming, e-commerce, advertising, and more. With a diverse portfolio of popular online games, NetEase has successfully gained a strong foothold in the gaming industry, both domestically and internationally. The company has consistently demonstrated its commitment to innovation and customer satisfaction, which has led to its continuous growth and success. NetEase Inc has become a household name synonymous with quality and reliability in the digital sphere.

NetEase Inc has achieved several significant milestones in its history. The company launched its first online game, Fantasy Westward Journey, in 2001, which became immensely popular and paved the way for its success in the gaming industry. In 2005, NetEase became a publicly traded company on the NASDAQ stock exchange, solidifying its position as a leading internet and gaming company in China. NetEase also expanded its portfolio by partnering with Blizzard Entertainment to operate and distribute popular online games, including World of Warcraft, in China. These achievements have contributed to NetEase's growth and reputation as a major player in the global gaming and internet industry.

NetEase Inc is primarily present in China, where it is headquartered. As a leading internet technology company, NetEase has a strong presence and significant market share within the Chinese market. With its diverse portfolio of online services and products, including gaming, e-commerce, education, music, and more, NetEase has been able to expand its reach and attract a large user base within the country. Additionally, NetEase has also expanded its presence in international markets, including the United States, Japan, and Europe, catering to a global audience.

NetEase Inc represents a set of core values and corporate philosophy that guide its operations. The company focuses on "User-Orientation" as the key element in building and delivering services and products to its users. NetEase places great emphasis on innovation, striving to provide the best user experience and meet evolving customer needs. With a dedication to "Pioneering and Embracing Change," the company values open-mindedness, adaptability, and staying ahead of market trends. NetEase also fosters a culture of "Integrity and Compliance," emphasizing ethical behavior, transparency, and accountability in all aspects of its operations.

Analysts currently set an average price target of 1,099.33 CNY for the NetEase stock (median: 1,099.33 CNY), implying +41.7 % versus the latest price. The consensus is based on 34 analyst ratings.

34 analysts currently rate the NetEase stock: 30 recommend buying, 4 holding and 0 selling. For 2026, analysts expect NetEase to generate revenue of 120.72 B CNY and earnings per share of 2,065.02 CNY.

Converted at the current exchange rate, the NetEase share trades at 99.95 EUR (775.98 CNY).

The NetEase share (NTES) is listed on 7 stock exchanges, including: NASDAQ (NTES), London (0K6G.L), SIX (Zürich) (NEH.SW), Frankfurt (NEH.F), München (NEH.MU), Düsseldorf (NEH.DU), Wien (NTES.VI).

NetEase Inc. is a Chinese company that specializes in the business areas of online gaming, e-commerce, internet portals, and advertising services. The company was founded in 1997 and is headquartered in Beijing. Online gaming is the main business division of NetEase Inc. The company offers a wide range of online games, including MMORPGs (Massively Multiplayer Online Role-Playing Games), mobile games, and console games. Some of NetEase's most popular games include "Fantasy Westward Journey," "New Ghost," "Westward Journey Online," "Tianxia III," "Justice," and "Rules of Survival." The company has a strong presence in the Chinese market and is also active in other countries such as South Korea and Japan. E-commerce is another important business division of NetEase Inc. The company operates various e-commerce platforms, including Yanxuan, Kaola, and NetEase Music Store. Yanxuan is a platform for selling high-quality products, while Kaola specializes in the sale of imported goods. NetEase Music Store is an online music store that offers music downloads and streaming. NetEase is also involved in the development of internet portals. Some of the most well-known portals include 163.com, 126.com, and yixin.im. These portals provide users with access to various online services, including email, news, online games, music, videos, and more. The company also has a partnership with Tencent, China's largest social network, to expand its user base and provide more services. Lastly, NetEase also operates an advertising services division. The company offers online advertising and marketing services, including advertising on its online portals and in its online games, as well as search engine advertising and social media advertising. The company works with a variety of clients, including major brands such as Coca-Cola, Apple, and McDonald's. Overall, NetEase Inc's business model is diversified. Its dominance in the online gaming market, strong market position - thanks to its large user base - makes the company well-known in the industry. The other business divisions - e-commerce, internet portals, and advertising services - provide additional sources of revenue and make NetEase a versatile company. However, the focus on the Chinese market may present a challenge in the future. One possible solution could be international expansion into new regions.

The expected revenue of NetEase is 120.72 B CNY. This figure is based on current financial data and reflects the company's business performance.

The expected profit of NetEase is 1.33 T CNY. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of NetEase is currently 0.38. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the NetEase stock.

The price-to-sales ratio (P/S) of NetEase is currently 4.15. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the NetEase stock.

The Eulerpool Quality Score for NetEase is 7/10.

The ISIN of NetEase is US64110W1027. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of NetEase is 501822. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of NetEase is NTES. The ticker symbol is used to trade NetEase shares on the stock exchange.

Over the past 12 months, NetEase paid a dividend of 3.04 CNY . This corresponds to a dividend yield of about 0.39 %. For the coming 12 months, NetEase is expected to pay a dividend of 3.29 CNY.

The current dividend yield of NetEase is 0.39 %.

NetEase pays a dividend, distributed in the months of December, March, June, September.

NetEase paid dividends every year for the past 13 years.

For the upcoming 12 months, dividends amounting to 3.29 CNY are expected. This corresponds to a dividend yield of 0.42 %.

NetEase is assigned to the 'Communication' sector.

To receive the latest dividend of NetEase from 9/18/2026 amounting to 0.48 CNY, you needed to have the stock in your portfolio before the ex-date on 9/3/2026.

The last dividend was paid out on 9/18/2026.

In the year 2025, NetEase distributed 3.04 CNY as dividends.

The dividends of NetEase are distributed in CNY.

Fair ValuePRO
799.26 CNY
Over-/UndervaluationPRO
Fairly valued
Expected Return
-25.34 %
Industry
Entertainment
Number of shares
Employees
Revenue per Employee
5.42 M CNY
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website 163.com
Country
China
Currency
CNY
Initial public offering
Jun 30, 2000
ISIN
US64110W1027
Cusip
64110W102
Sedol
2606440
Market capitalization
2.50 T CNYMega Cap
52-Week Range
755.401,131.98CNY
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
-0.46
P/E ratio
P/Ee 2026
0.38
P/Ee 2027
0.32
P/Ee 2028
1.99
P/Ee 2029
1.77
P/Ee 2030
P/S
P/Se
4.15
EV/EBIT
67.11
P/B Ratio
15.57
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
20.24 %
Gross Margin
64.29 %
EBIT Margin
31.82 %
Net Margin
29.98 %
EPS (Earnings Per Share)
52.29 CNY
Net Debt / EBIT
-2.58
Debt/Equity
0.04
Dividend
Dividend yield
0.39 %
Est. Dividend Yield
0.41 %
Payout Ratio
38.94 %
Dividend growth Ø5Y
29.76 %
Dividend payments per year
4
Dividend paid since
13 years
Dividend not reduced since
4 years
Dividend increased since
4 years
Dividend withholding tax
10.00 %
Last updated Sep 15, 2026, 10:32 AM

NetEase Ticker

DÜSSELDORF · NEH.DUFRANKFURT · NEH.FLONDON · 0K6G.LMUNICH · NEH.MUNASDAQ · NTESSIX · NEH.SWVIENNA · NTES.VI

NetEase FIGI

NTES:US · BBG000BX72V8NTES:UA · BBG000BX7337NTES:UC · BBG000BX73F4NTES:UN · BBG000BX73W5NTES:UP · BBG000BX7676NTES:UB · BBG000BX7756NTES:UM · BBG000BX77Z3NTES:UX · BBG000BX7943NTES:UD · BBG000BX7CZ2NTES:UW · BBG000BX7DY1NTES:UF · BBG000BX7FH5NTES:VY · BBG000BX7FQ5

All fundamentals and in-depth analysis of NetEase

Our stock analysis for NetEase stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NetEase. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.