NetEase (NTES) Stock Price

NetEase Price

🇨🇳NASDAQ·CLOSED
119.48CNY
Market closed
Today +/-
Today %

NetEase (NTES) Stock | ISIN US64110W1027 | WKN 501822. The current NetEase stock price is 119.48 CNY (2026). Revenue is 123.42 B CNY. Net income is 206.18 B CNY. The P/E ratio is 1.86. Market capitalization is 384.51 B CNY. NetEase operates in the Communication sector.

NetEase stock price

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
Access this data via the Eulerpool API

NetEase Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
2.16 B CNY
1.28 B CNY
1.22 B CNY
Jan 1, 2007
2.21 B CNY
1.21 B CNY
1.26 B CNY
Jan 1, 2008
3.09 B CNY
1.92 B CNY
1.6 B CNY
Jan 1, 2009
3.76 B CNY
2.02 B CNY
1.85 B CNY
Jan 1, 2010
5.51 B CNY
2.54 B CNY
2.24 B CNY
Jan 1, 2011
7.29 B CNY
3.32 B CNY
3.23 B CNY
Jan 1, 2012
8.2 B CNY
3.71 B CNY
3.64 B CNY
Jan 1, 2013
9.2 B CNY
4.35 B CNY
4.44 B CNY
Jan 1, 2014
11.71 B CNY
4.77 B CNY
4.76 B CNY
Jan 1, 2015
21.69 B CNY
7.47 B CNY
6.74 B CNY
Jan 1, 2016
33.99 B CNY
12.97 B CNY
11.61 B CNY
Jan 1, 2017
44.44 B CNY
13 B CNY
10.71 B CNY
Jan 1, 2018
51.18 B CNY
9.98 B CNY
6.15 B CNY
Jan 1, 2019
59.24 B CNY
13.79 B CNY
21.24 B CNY
Jan 1, 2020
73.67 B CNY
14.54 B CNY
12.06 B CNY

NetEase Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 4:21 PM
 
REVENUE (M CNY)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M CNY)
NET INCOME (M CNY)
NET INCOME GROWTH (%)
DIV. (CNY)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
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.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
82.39 %
59.15 %
56.28 %
Jan 1, 2007
80.66 %
54.5 %
57.12 %
Jan 1, 2008
81.23 %
62.07 %
51.77 %
Jan 1, 2009
74.13 %
53.85 %
49.24 %
Jan 1, 2010
67.34 %
46.19 %
40.6 %
Jan 1, 2011
67.45 %
45.58 %
44.36 %
Jan 1, 2012
68.56 %
45.26 %
44.35 %
Jan 1, 2013
73.05 %
47.34 %
48.33 %
Jan 1, 2014
72.15 %
40.68 %
40.61 %
Jan 1, 2015
61.51 %
34.44 %
31.06 %
Jan 1, 2016
62.25 %
38.16 %
34.14 %
Jan 1, 2017
56.36 %
29.24 %
24.1 %
Jan 1, 2018
53.43 %
19.49 %
12.02 %
Jan 1, 2019
53.27 %
23.28 %
35.85 %
Jan 1, 2020
52.92 %
19.74 %
16.38 %

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.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
0.62 CNY
0.37 CNY
0.35 CNY
Jan 1, 2007
0.67 CNY
0.36 CNY
0.38 CNY
Jan 1, 2008
0.95 CNY
0.59 CNY
0.49 CNY
Jan 1, 2009
1.16 CNY
0.62 CNY
0.57 CNY
Jan 1, 2010
1.69 CNY
0.78 CNY
0.69 CNY
Jan 1, 2011
2.22 CNY
1.01 CNY
0.99 CNY
Jan 1, 2012
2.49 CNY
1.13 CNY
1.11 CNY
Jan 1, 2013
2.82 CNY
1.34 CNY
1.36 CNY
Jan 1, 2014
3.57 CNY
1.45 CNY
1.45 CNY
Jan 1, 2015
6.56 CNY
2.26 CNY
2.04 CNY
Jan 1, 2016
10.28 CNY
3.92 CNY
3.51 CNY
Jan 1, 2017
13.4 CNY
3.92 CNY
3.23 CNY
Jan 1, 2018
15.72 CNY
3.07 CNY
1.89 CNY
Jan 1, 2019
18.23 CNY
4.24 CNY
6.53 CNY
Jan 1, 2020
21.99 CNY
4.34 CNY
3.6 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 Eulerpool Fair Value

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 '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 '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 '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 was NetEase in 2025 — This indicates how many shares 3.218 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
3.5 B base_Shares
Jan 1, 2007
3.31 B base_Shares
Jan 1, 2008
3.23 B base_Shares
Jan 1, 2009
3.25 B base_Shares
Jan 1, 2010
3.26 B base_Shares
Jan 1, 2011
3.28 B base_Shares
Jan 1, 2012
3.29 B base_Shares
Jan 1, 2013
3.26 B base_Shares
Jan 1, 2014
3.28 B base_Shares
Jan 1, 2015
3.31 B base_Shares
Jan 1, 2016
3.31 B base_Shares
Jan 1, 2017
3.32 B base_Shares
Jan 1, 2018
3.26 B base_Shares
Jan 1, 2019
3.25 B base_Shares
Jan 1, 2020
3.35 B base_Shares

NetEase Dividend History

14 years of dividend payments · 4 consecutive increases

YearAnnual DividendYoY ChangePayments
20261.16CNYYTD
Mar 16, 20261.16CNY 103.5%1/1
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 84.6%
20205.35CNY 5.6%
20195.66CNY 238.9%
20181.67CNY 54.1%
20173.64CNY 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
Invalid Date
0 CNY
1 CNY
0 CNY
Jan 1, 2014
2.48 CNY
0 CNY
0 CNY
Jan 1, 2015
1.78 CNY
0 CNY
0 CNY
Jan 1, 2016
2.93 CNY
0 CNY
0 CNY
Jan 1, 2017
3.64 CNY
0 CNY
0 CNY
Jan 1, 2018
1.67 CNY
0 CNY
0 CNY
Invalid Date
5.66 CNY
-5.07 CNY
0.2 CNY
Jan 1, 2020
5.35 CNY
0 CNY
0 CNY
Jan 1, 2021
0.83 CNY
0 CNY
0 CNY
Jan 1, 2022
1.52 CNY
0 CNY
0 CNY
Jan 1, 2023
1.76 CNY
0 CNY
0 CNY
Jan 1, 2024
2.44 CNY
0 CNY
0 CNY
Jan 1, 2025
3.04 CNY
0 CNY
0 CNY
Invalid Date
1.16 CNY
3.48 CNY
0.69 CNY
Invalid Date
0 CNY
20.04 CNY
0 CNY

NetEase dividend payout ratio

In 2025, NetEase had a payout ratio of 28.82%. The payout ratio indicates the percentage of the company's profits that NetEase distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
36.05 %
Jan 1, 2007
36.05 %
Jan 1, 2008
36.05 %
Jan 1, 2009
36.05 %
Jan 1, 2010
36.05 %
Jan 1, 2011
36.05 %
Jan 1, 2012
36.05 %
Jan 1, 2013
14.71 %
Jan 1, 2014
34.21 %
Jan 1, 2015
17.54 %
Jan 1, 2016
16.74 %
Jan 1, 2017
22.54 %
Jan 1, 2018
17.67 %
Jan 1, 2019
17.34 %
Jan 1, 2020
67.03 %
Price targets and forecasts for NetEase are not yet available.

NetEase Earnings Estimates

NetEase Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/21/202615.45CNY30.16 BCNY2026 Q1
5/13/202615.42CNY29.98 BCNY2026 Q1
2/11/202614.76CNY29.19 BCNY2025 Q4
11/20/202515.07CNY29.74 BCNY2025 Q3
8/14/202515.24CNY29.07 BCNY2025 Q2
11/14/202412.76CNY27.32 BCNY2024 Q3
5/23/202413.08CNY28.65 BCNY2024 Q1
2/21/202412.67CNY29.06 BCNY2023 Q4
11/15/20238.09CNY26.63 BCNY2023 Q3
8/16/20238.25CNY27.47 BCNY2023 Q2
...

EESG©

Eulerpool ESG Scorecard© for the NetEase stock

88/100
99
Environment
99
Social
67
Governance
E

Environment

20
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

20
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)

4
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
0.27531%
Shining Globe International Limited
Shining Globe International Limited
0.19562%
Ninety One UK Limited
Ninety One UK Limited
0.12382%
UBS Asset Management (Americas) LLC
UBS Asset Management (Americas) LLC
0.12181%
UBS Asset Management (Switzerland)
UBS Asset Management (Switzerland)
0.10532%
Orbis Investment Management Ltd.
Orbis Investment Management Ltd.
0.1035%
UBS Asset Management (Hong Kong) Limited
UBS Asset Management (Hong Kong) Limited
0.09981%
Greenwoods Asset Management Limited
Greenwoods Asset Management Limited
0.07695%
Harding Loevner LP
Harding Loevner LP
0.06694%
Dodge & Cox
Dodge & Cox
0.04857%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
...

NetEase Executives and Management Board

LD

Mr. Lei Ding

(53)

Chief Executive Officer, Director · since 1999

Compensation49,352 CNY
YD

Mr. Yingfeng Ding

(53)

Executive Vice President

PB

Mr. Paul Boltz

(55)

General Counsel

YL

Ms. Ying Li

(42)

Head of Financial Reporting

JC

Mr. Johnny Chan Kok Chung

Independent Director

NetEase Supply Chain

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.

All fundamentals and in-depth analysis of NetEase

Our stock analysis for NetEase Revenue 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 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.