NetEase Inc
Research NetEase Inc (NTES) on Bullrun: market cap USD 82.94B, P/E 17.9, dividend yield 2.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNTES
- ExchangeNASDAQ
- CountryChina
- SectorCommunication Services
- IndustryElectronic Gaming & Multimedia
- CurrencyUSD
- Market capUSD 82.94B
- P/E17.9
- Dividend yield2.0%
- Financial periodQ1 2026
- RevenueCNY 30.59B
- Net incomeCNY 34.13B
- Free cash flowCNY 50.46B
- Gross margin69.4%
Valuation Snapshot
latest market cap is USD 82.94B; P/E is 17.9; dividend yield is 2.0%.
Peer valuation comparison
Latest P/E is 17.86x versus a Communication Services sector median of 16.43x (8.7% above).
Latest dividend yield is 2% versus a Communication Services sector median of 3.46% (42.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CNY 16.11B | CNY 4.98B | CNY 7.10B | 64.3% | 1.5 | CNY 6.74B | CNY 6.73B | CNY 22.92B |
| FY2024 | CNY 105.30B | CNY 29.70B | CNY 37.47B | 62.5% | 45.95 | CNY 51.38B | CNY 12.82B | CNY 138.69B |
| FY2023 | n/a | n/a | CNY 31.06B | n/a | n/a | CNY 21.43B | CNY 20.48B | CNY 124.29B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 82.94B | 17.9 | 2.3% | 3.02 |
| 2025 | 2025-12-31 | USD 87.14B | 18.9 | 1.3% | 1.82 |
| 2024 | 2024-12-31 | USD 56.52B | 14.0 | 2.3% | 2.02 |
| 2023 | 2023-12-29 | USD 60.08B | 16.0 | 1.9% | 1.77 |
| 2022 | 2022-12-30 | USD 47.70B | 14.3 | 2.1% | 1.53 |
| 2021 | 2021-12-31 | USD 66.64B | 26.2 | 0.8% | 0.83 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 3.02 USD, yield 2.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.82 CNY |
| FY2023 | 1.77 CNY |
About NetEase Inc
NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally. The company operates through Games and Related Value-Added Services; Youdao; NetEase Cloud Music; and Innovative Businesses and Others segments. It develops and operates mobile and PC games; and offers games licensed from other developers.
Related stock research
Other Communication Services stocks
Frequently asked questions
What is NetEase Inc's market cap?
NetEase Inc's market capitalization is USD 82.94B.
What is NetEase Inc's P/E ratio?
NetEase Inc's price-to-earnings (P/E) ratio is 17.9.
Does NetEase Inc pay a dividend?
NetEase Inc has a dividend yield of 2.0%.
What does NetEase Inc do?
NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally. The company operates through Games and Related Value-Added Services; Youdao; NetEase Cloud Music; and Innovative Businesses and Others segments. It develops and operates mobile and PC games; and offers games licensed from other developers. The company also provides live streaming service, and other related or ancillary value-added services related to games, such as the sale of game-themed merchandise.