NetEase Résultats passés
Passé contrôle des critères 3/6
NetEase a connu une croissance annuelle moyenne de ses bénéfices de 19.8%, tandis que le secteur Entertainment a vu ses bénéfices augmenter de en hausse à 19.7% par an. Les revenus ont augmenté de en hausse à un taux moyen de 6.8% par an. Le rendement des capitaux propres de NetEase est 20.7% et ses marges nettes sont de 29.8%.
Informations clés
19.82%
Taux de croissance des bénéfices
20.71%
Taux de croissance du BPA
| Entertainment Croissance de l'industrie | 3.14% |
| Taux de croissance des recettes | 6.84% |
| Rendement des fonds propres | 20.72% |
| Marge nette | 29.84% |
| Dernière mise à jour des bénéfices | 31 Mar 2026 |
Mises à jour récentes des performances passées
Recent updates
Mise à jour du récit • Jun 15
9999: Future Returns Will Reflect AI Margins Dividend And Ongoing Share Repurchases
Analysts have adjusted their HK$ price target for NetEase to reflect a modest uplift in estimated fair value to about HK$194, supported by slightly higher projected profit margins and a somewhat lower assumed discount rate, partly offset by more restrained revenue growth expectations and a reduced future P/E assumption. What's in the News Q1 2026 unaudited net revenues of RMB30.6b, with the gaming and related value added services segment at RMB25.7b and key titles such as Fantasy Westward Journey, Where Winds Meet, Marvel Rivals and Fantasy Welcome Journey Online reaching record engagement and revenue milestones, source: company results.
Mise à jour du récit • Jun 01
9999: Dividend And Extended Buyback Will Support Future Upside Potential
Analysts have trimmed their NetEase price target from HK$255.05 to HK$249.78, citing updated assumptions that include slightly different discount rate inputs, adjusted revenue growth expectations, firmer profit margin forecasts, and a lower future P/E multiple. What's in the News Q1 2026 net revenues were reported at RMB30.6b, up 6.1% year over year, with gaming and related value added services up 6.9% and supported by strong engagement in titles such as Fantasy Westward Journey, Where Winds Meet, and Marvel Rivals.Article d’analyse • May 29
NetEase's (HKG:9999) Earnings Offer More Than Meets The Eye
Shareholders appeared to be happy with NetEase, Inc.'s ( HKG:9999 ) solid earnings report last week. This reaction by...Article d’analyse • May 24
Earnings Beat: NetEase, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
NetEase, Inc. ( HKG:9999 ) just released its latest quarterly results and things are looking bullish. NetEase beat...Mise à jour du récit • Apr 20
9999: Fair Value Will Reflect Higher Dividend And Completed Share Repurchases
Analysts have made a small upward adjustment to their HK$ price target for NetEase, supported by slightly higher assumptions for revenue growth, profit margin and fair value, together with a modestly lower future P/E multiple and a marginally higher discount rate. What's in the News NetEase approved an ordinary cash dividend of US$0.232 per share (US$1.16 per ADS) for the fourth quarter of 2025, payable in U.S. dollars to holders of ordinary shares and ADSs of record on March 16, 2026, with payment expected on March 25, 2026 for ordinary shares and on or around March 27, 2026 for ADSs (Key Developments).Mise à jour du récit • Apr 05
9999: Fair Value Will Reflect Higher Dividends And Completed Share Repurchases
Analysts have nudged their price target on NetEase slightly higher to around HK$189.04 from about HK$188.96, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that together support a modestly higher valuation. What's in the News NetEase completed the share repurchase program announced on November 17, 2022, buying back 22,100,000 shares for a total of US$2,000m, representing 0.69% of the company (Key Developments).Mise à jour du récit • Mar 22
9999: Fair Value Will Reflect Higher Dividend Payouts And Updated Profit Assumptions
Analysts have reduced their price target for NetEase from about HK$197.83 to around HK$188.96, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that together support a more conservative valuation framework. What's in the News A board meeting is scheduled for February 10, 2026, to approve unaudited results for the three months and full year ended December 31, 2025, and to consider the fourth quarter 2025 dividend (Key Developments).
Mise à jour du récit • Mar 07
9999: Dividend Policy And Buyback Capacity Will Support Future Upside Potential
Analysts have reduced their HK$ fair value estimate for NetEase from about HK$316.84 to roughly HK$310.01, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News A board meeting is scheduled for February 10, 2026 to approve unaudited results for the three months and fiscal year ended December 31, 2025, and to consider the fourth quarter 2025 dividend (Key Developments).Mise à jour du récit • Feb 20
9999: Dividend Momentum And Completed Buyback Will Support Future Upside Potential
Analysts have trimmed their HK$ fair value estimate for NetEase from about HK$259.38 to around HK$255.05, reflecting updated assumptions for slightly lower revenue growth and P/E, along with a small adjustment to the discount rate and profit margin outlook. What's in the News NetEase approved an ordinary cash dividend of US$0.232 per share (US$1.16 per ADS) for the fourth quarter of 2025, with a record date of 16 March 2026 and expected payment dates of 25 March 2026 for ordinary shares and on or around 27 March 2026 for ADS holders (company announcement).Article d’analyse • Feb 13
NetEase, Inc. Just Missed EPS By 6.4%: Here's What Analysts Think Will Happen Next
As you might know, NetEase, Inc. ( HKG:9999 ) recently reported its annual numbers. It looks like the results were a...Article d’analyse • Feb 10
NetEase (HKG:9999) Seems To Use Debt Rather Sparingly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Mise à jour du récit • Feb 06
9999: Reset Fair Value Will Reflect Higher Margins And Music Platform Integration
Narrative Update on NetEase The analyst price target for NetEase has been revised from US$169.73 to US$197.83, with analysts pointing to updated assumptions for revenue growth, profit margins and a slightly lower forward P/E multiple to support the change. What's in the News Board meeting scheduled for February 10, 2026, to approve unaudited results for the three months and fiscal year ended December 31, 2025, and to consider the quarterly dividend for the fourth quarter of 2025 (company event).Mise à jour du récit • Jan 23
9999: Share Repurchases And New Data Partnership Will Support Future Upside Potential
Analysts have raised their price target on NetEase by roughly 18%, reflecting updated assumptions that include a slightly lower discount rate, a modestly higher revenue growth outlook, a reduced profit margin estimate, and a higher future P/E multiple. What's in the News Chartmetric has integrated chart data from NetEase Cloud Music, giving global music professionals structured access to listening trends on one of China's largest youth-focused streaming platforms (Key Developments).Mise à jour du récit • Jan 08
9999: Completed Buyback And Upcoming Dividend Decision Will Support Future Upside Potential
Analysts have nudged their price target for NetEase slightly higher to US$259.38 from US$258.80, citing small adjustments to fair value estimates, discount rate assumptions, and future P/E expectations. What's in the News Chartmetric integrated chart data from NetEase Cloud Music, giving global music professionals structured access to mainland China streaming trends and regional listening behavior for younger users (Client Announcements).Article d’analyse • Jan 02
NetEase, Inc.'s (HKG:9999) Price Is Out Of Tune With Earnings
When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") below 12x, you may consider...Mise à jour du récit • Dec 23
9999: Completed Buyback And Upcoming Dividend Review Will Support Future Upside Potential
Analysts have raised their price target on NetEase slightly to approximately $259 per share, up from about $258 per share, citing marginally improved long term revenue growth expectations and a modestly lower discount rate, which together support a slightly higher valuation multiple. What's in the News Chartmetric integrated NetEase Cloud Music chart data, giving global music professionals structured access to Chinese streaming trends and youth listening behavior.Mise à jour du récit • Dec 09
9999: Upcoming Dividend Review And Completed Buyback Will Drive Future Market Optimism
Analysts have raised their price target on NetEase slightly to approximately $258, reflecting modestly stronger expectations for revenue growth, profit margins, and valuation multiples. What's in the News Chartmetric integrated chart data from NetEase Cloud Music, giving global music professionals structured access to China specific streaming charts and listening trends, especially among under 35 users (Key Developments) NetEase Cloud Music rankings added to Chartmetric include the China Hot 100 Songs Chart (weekly), International Hot 100 Songs Chart (weekly), and International New 100 Songs Chart (daily), enabling closer monitoring of breakout tracks in mainland China (Key Developments) From July 1, 2025 to September 30, 2025, NetEase repurchased no additional shares, but confirmed completion of its $2.0 billion buyback of 22.1 million shares under the November 17, 2022 authorization (Key Developments) NetEase scheduled a board meeting on November 19, 2025 to review unaudited results for the quarter ended September 30, 2025 and to consider a third quarter 2025 dividend (Key Developments) Valuation Changes The fair value estimate has risen slightly from 255.93 to 257.83, reflecting a modestly higher intrinsic value per share.Article d’analyse • Nov 27
We Think NetEase's (HKG:9999) Profit Is Only A Baseline For What They Can Achieve
NetEase, Inc. ( HKG:9999 ) just reported healthy earnings but the stock price didn't move much. Investors are probably...Mise à jour du récit • Nov 25
9999: Upcoming Board Decision On Dividend Will Increase Market Optimism
Narrative Update on NetEase Analyst Price Target Analysts have raised their fair value price target for NetEase from $248.15 to $255.93. They cite updated expectations for slightly higher revenue growth and a modest adjustment in profit margin forecasts.Mise à jour du récit • Nov 05
9999: Share Buyback And Dividend Announcement Will Drive Market Confidence
Narrative Update: NetEase Analyst Price Target Adjustment Analysts have modestly increased their price target for NetEase to $248.15 from $245.57. This change reflects slight improvements in the company’s projected fair value and future earnings expectations.Mise à jour du récit • Oct 22
Analysts Lift NetEase Price Target as Growth and Profit Margins Improve Amid Buyback and Dividend News
Analysts have raised their price target for NetEase from $241.62 to $245.57, citing modest improvements in growth rate and profitability metrics. What's in the News The board of directors has approved a dividend of USD 0.1140 per share (USD 0.5700 per ADS) for the second quarter of 2025.Mise à jour du récit • Oct 08
Digital Entertainment And Gaming Will Fuel Global Expansion
Analysts have raised their price target for NetEase from $238.19 to $241.62. They cite slight improvements in expected revenue growth and profit margin forecasts.Article d’analyse • Oct 06
Is There Now An Opportunity In NetEase, Inc. (HKG:9999)?
Let's talk about the popular NetEase, Inc. ( HKG:9999 ). The company's shares saw a double-digit share price rise of...Mise à jour du récit • Sep 20
Digital Entertainment And Gaming Will Fuel Global Expansion
NetEase's future P/E ratio and discount rate both remained virtually unchanged, supporting a marginal increase in its consensus analyst price target from HK$233.99 to HK$238.19. What's in the News NetEase's board approved a reduced dividend of USD 0.1140 per share (USD 0.5700 per ADS) for Q2 2025, payable in September.Mise à jour du récit • Sep 05
Digital Entertainment And Gaming Will Fuel Global Expansion
NetEase's consensus price target remained nearly flat as a significant rise in its future P/E ratio offset the impact of modest valuation adjustments, resulting in a marginal decrease in fair value from HK$234.08 to HK$233.99. What's in the News NetEase's board approved a Q2 2025 dividend of USD 0.1140 per share (USD 0.5700 per ADS), with payment expected in early September 2025.Article d’analyse • Aug 29
Some Shareholders Feeling Restless Over NetEase, Inc.'s (HKG:9999) P/E Ratio
With a price-to-earnings (or "P/E") ratio of 18x NetEase, Inc. ( HKG:9999 ) may be sending bearish signals at the...Article d’analyse • Aug 18
Do NetEase's (HKG:9999) Earnings Warrant Your Attention?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Article d’analyse • Aug 05
Calculating The Fair Value Of NetEase, Inc. (HKG:9999)
Key Insights The projected fair value for NetEase is HK$252 based on 2 Stage Free Cash Flow to Equity Current share...
Nouveau récit • Nov 24
Global Gaming Expansion And Innovation Propel Future Revenue Growth
NetEase's international game expansion and diversified portfolio position it for future revenue growth and long-term stability.Ventilation des recettes et des dépenses
Ventilation des recettes et des dépenses
Comment NetEase gagne et dépense de l'argent. Sur la base des derniers bénéfices déclarés, sur une base LTM.
Historique des gains et des recettes
| Date | Recettes | Les revenus | Dépenses G+A | Dépenses de R&D |
|---|---|---|---|---|
| 31 Mar 26 | 114,389 | 34,133 | 19,274 | 17,815 |
| 31 Dec 25 | 112,626 | 33,760 | 18,848 | 17,719 |
| 30 Sep 25 | 111,827 | 36,284 | 17,890 | 17,755 |
| 30 Jun 25 | 109,678 | 34,207 | 17,173 | 17,637 |
| 31 Mar 25 | 107,272 | 32,365 | 17,132 | 17,736 |
| 31 Dec 24 | 105,295 | 29,698 | 18,698 | 17,525 |
| 30 Sep 24 | 105,688 | 27,513 | 20,195 | 17,534 |
| 30 Jun 24 | 106,748 | 28,812 | 20,351 | 17,457 |
| 31 Mar 24 | 105,274 | 30,296 | 20,161 | 16,910 |
| 31 Dec 23 | 103,468 | 29,417 | 18,869 | 16,485 |
| 30 Sep 23 | 101,682 | 26,787 | 18,113 | 16,096 |
| 30 Jun 23 | 98,838 | 25,650 | 18,084 | 15,718 |
| 31 Mar 23 | 97,986 | 22,073 | 18,094 | 15,391 |
| 31 Dec 22 | 96,496 | 19,713 | 18,099 | 15,039 |
| 30 Sep 22 | 95,515 | 21,454 | 17,840 | 14,797 |
| 30 Jun 22 | 93,279 | 17,937 | 17,081 | 14,589 |
| 31 Mar 22 | 90,645 | 16,812 | 16,692 | 14,414 |
| 31 Dec 21 | 87,606 | 16,857 | 16,478 | 14,076 |
| 30 Sep 21 | 82,994 | 12,138 | 15,902 | 13,258 |
| 30 Jun 21 | 79,462 | 11,955 | 15,855 | 12,285 |
| 31 Mar 21 | 77,122 | 12,951 | 15,044 | 11,287 |
| 31 Dec 20 | 73,667 | 12,063 | 14,076 | 10,369 |
| 30 Sep 20 | 69,640 | 14,141 | 13,156 | 9,607 |
| 30 Jun 20 | 65,618 | 15,277 | 11,302 | 8,981 |
| 31 Mar 20 | 61,881 | 14,093 | 10,155 | 8,518 |
| 31 Dec 19 | 59,241 | 13,275 | 9,351 | 8,413 |
| 30 Sep 19 | 51,068 | 13,591 | 7,552 | 8,001 |
| 30 Jun 19 | 49,592 | 11,520 | 7,720 | 7,986 |
| 31 Mar 19 | 51,428 | 10,272 | 8,648 | 7,957 |
| 31 Dec 18 | 51,179 | 8,291 | 9,990 | 7,378 |
| 30 Sep 18 | 58,225 | 6,207 | 11,899 | 6,766 |
| 30 Jun 18 | 57,542 | 6,671 | 11,602 | 5,772 |
| 31 Mar 18 | 54,634 | 7,537 | 10,888 | 4,906 |
| 31 Dec 17 | 44,437 | 11,542 | 7,886 | 4,162 |
| 30 Sep 17 | 51,593 | 13,105 | 8,031 | 4,006 |
| 30 Jun 17 | 48,327 | 13,318 | 7,453 | 3,674 |
| 31 Mar 17 | 43,904 | 13,066 | 6,679 | 3,348 |
| 31 Dec 16 | 38,179 | 11,605 | 5,988 | 3,047 |
| 30 Sep 16 | 33,983 | 10,086 | 5,483 | 2,757 |
| 30 Jun 16 | 31,443 | 9,228 | 4,954 | 2,560 |
| 31 Mar 16 | 27,058 | 7,931 | 4,347 | 2,330 |
| 31 Dec 15 | 22,803 | 6,735 | 3,973 | 2,159 |
| 30 Sep 15 | 18,363 | 5,842 | 3,606 | 1,964 |
Des revenus de qualité: 9999 a des bénéfices de haute qualité.
Augmentation de la marge bénéficiaire: Les marges bénéficiaires nettes actuelles de 9999 sont inférieures à celles de l'année dernière 9999. (29.8%) sont inférieures à celles de l'année dernière (30.2%).
Analyse des flux de trésorerie disponibles par rapport aux bénéfices
Analyse de la croissance passée des bénéfices
Tendance des revenus: Les bénéfices de 9999 ont augmenté de 19.8% par an au cours des 5 dernières années.
Accélération de la croissance: La croissance des bénéfices de 9999 au cours de l'année écoulée ( 5.5% ) est inférieure à sa moyenne sur 5 ans ( 19.8% par an).
Bénéfices par rapport au secteur d'activité: La croissance des bénéfices 9999 au cours de l'année écoulée ( 5.5% ) n'a pas surpassé celle du secteur Entertainment 36.7%.
Rendement des fonds propres
ROE élevé: Le retour sur capitaux propres de 9999 ( 20.7% ) est considéré comme élevé.
Rendement des actifs
Rendement des capitaux employés
Découvrir des entreprises performantes dans le passé
Analyse de l'entreprise et données financières
| Données | Dernière mise à jour (heure UTC) |
|---|---|
| Analyse de l'entreprise | 2026/07/31 11:29 |
| Cours de l'action en fin de journée | 2026/07/31 00:00 |
| Les revenus | 2026/03/31 |
| Revenus annuels | 2025/12/31 |
Sources de données
Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.
| Paquet | Données | Cadre temporel | Exemple de source américaine * |
|---|---|---|---|
| Finances de l'entreprise | 10 ans |
| |
| Estimations consensuelles des analystes | +3 ans |
|
|
| Prix du marché | 30 ans |
| |
| Propriété | 10 ans |
| |
| Gestion | 10 ans |
| |
| Principaux développements | 10 ans |
|
* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.
Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.
Modèle d'analyse et flocon de neige
Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github ; nous proposons également des guides sur la façon d’utiliser nos rapports et des tutoriels sur YouTube.
Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.
Indicateurs de l'industrie et du secteur
Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.
Sources des analystes
NetEase, Inc. est couverte par 71 analystes. 33 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.
| Analyste | Institution |
|---|---|
| Sau Shing Chow | ABCI Securities Company Limited |
| Tianli Wen | Aletheia Analyst Network Limited |
| Zixiao Yang | Arete Research Services LLP |