View Future GrowthNetEase 過去の業績過去 基準チェック /46NetEaseは、平均年間19.8%の収益成長を遂げていますが、 Entertainment業界の収益は、年間 成長しています。収益は、平均年間8.8% 6.8%収益成長率で 成長しています。 NetEaseの自己資本利益率は20.7%であり、純利益率は29.8%です。主要情報19.82%収益成長率20.71%EPS成長率Entertainment 業界の成長30.34%収益成長率6.84%株主資本利益率20.72%ネット・マージン29.84%前回の決算情報31 Mar 2026最近の業績更新お知らせ • May 07NetEase, Inc. to Report Q1, 2026 Results on May 21, 2026NetEase, Inc. announced that they will report Q1, 2026 results at 6:00 PM, China Standard Time on May 21, 2026お知らせ • Jan 28NetEase, Inc. to Report Q4, 2025 Results on Feb 11, 2026NetEase, Inc. announced that they will report Q4, 2025 results at 6:00 PM, China Standard Time on Feb 11, 2026お知らせ • Nov 06NetEase, Inc. to Report Q3, 2025 Results on Nov 20, 2025NetEase, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 20, 2025お知らせ • Jul 31NetEase, Inc. to Report Q2, 2025 Results on Aug 14, 2025NetEase, Inc. announced that they will report Q2, 2025 results at 6:00 PM, China Standard Time on Aug 14, 2025お知らせ • Apr 30NetEase, Inc. to Report Q1, 2025 Results on May 15, 2025NetEase, Inc. announced that they will report Q1, 2025 results Pre-Market on May 15, 2025お知らせ • Feb 06NetEase, Inc. to Report Q4, 2024 Results on Feb 20, 2025NetEase, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 20, 2025すべての更新を表示Recent updatesお知らせ • May 23NetEase, Inc. Approves Dividend for the First Quarter of 2026, Payable on June 15, 2026The board of directors of NetEase, Inc. approved a dividend of USD 0.144 per share (USD 0.720 per ADS) for the first quarter of 2026 to holders of ordinary shares and holders of ADSs as of the close of business on June 5, 2026, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17 Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, no later than 4:30 p.m. on June 5, 2026 (Beijing/Hong Kong Time). The payment date is expected to be June 15, 2026 for holders of ordinary shares and on or around June 18, 2026, for holders of ADSs.お知らせ • May 19NetEase, Inc., Annual General Meeting, Jun 23, 2026NetEase, Inc., Annual General Meeting, Jun 23, 2026, at 10:00 China Standard Time. Location: no. 399 wangshang road, binjiang district, zhejiang province, hangzhou Chinaお知らせ • May 07NetEase, Inc. to Report Q1, 2026 Results on May 21, 2026NetEase, Inc. announced that they will report Q1, 2026 results at 6:00 PM, China Standard Time on May 21, 2026お知らせ • Feb 11+ 1 more updateNetEase, Inc. Approves Ordinary Cash Dividend for the Fourth Quarter Ended 31 December 2025, Payable on March 25, 2026NetEase, Inc. approved ordinary cash dividend of USD 0.232 per share (USD 1.16 per ADS) for the fourth quarter ended 31 December 2025 to holders of ordinary shares and holders of ADSs as of the close of business on March 16, 2026, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, on March 16, 2026 (Beijing/Hong Kong Time). The payment date is expected to be March 25, 2026 for holders of ordinary shares and on or around March 27, 2026, for holders of ADSs. NetEase paid a dividend of USD 0.114 per share (USD 0.57 per ADS) for the third quarter of 2025 in December 2025. Ex-dividend date is 13 March 2026. Latest time to lodge transfer documents for registration with share registrar for determining entitlement to the dividend is 16 March 2026.お知らせ • Jan 28NetEase, Inc. to Report Q4, 2025 Results on Feb 11, 2026NetEase, Inc. announced that they will report Q4, 2025 results at 6:00 PM, China Standard Time on Feb 11, 2026お知らせ • Nov 20NetEase, Inc. Announces Dividend for the Third Quarter Ended 30 September 2025, Payable on 16 December 2025NetEase, Inc. announced dividend of USD 0.114 per share for the third quarter ended 30 September 2025. Ex-dividend date 04 December 2025. Record date 05 December 2025. Payment date 16 December 2025.お知らせ • Nov 06NetEase, Inc. to Report Q3, 2025 Results on Nov 20, 2025NetEase, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 20, 2025お知らせ • Aug 14+ 1 more updateNetEase, Inc. Approves Dividend for the Second Quarter Ended June 30, 2025, Payable on September 8, 2025The board of directors of NetEase, Inc. approved a dividend of USD 0.1140 per share (USD 0.5700 per ADS) for the second quarter of 2025 to holders of ordinary shares and holders of ADSs as of the close of business on August 28, 2025, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited no later than August 28, 2025 (Beijing/Hong Kong Time). The payment date is expected to be September 8, 2025 for holders of ordinary shares and on or around September 11, 2025, for holders of ADSs.お知らせ • Jul 31NetEase, Inc. to Report Q2, 2025 Results on Aug 14, 2025NetEase, Inc. announced that they will report Q2, 2025 results at 6:00 PM, China Standard Time on Aug 14, 2025お知らせ • May 15NetEase, Inc. Approves Dividend for the First Quarter of 2025, Payable on June 10, 2025The board of directors of NetEase, Inc. approved a dividend of USD 0.1350 per share (USD 0.6750 per ADS) for the first quarter of 2025 to holders of ordinary shares and holders of ADSs as of the close of business on May 30, 2025, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. The payment date is expected to be June 10, 2025, for holders of ordinary shares and on or around June 13, 2025, for holders of ADSs.お知らせ • Apr 30NetEase, Inc. to Report Q1, 2025 Results on May 15, 2025NetEase, Inc. announced that they will report Q1, 2025 results Pre-Market on May 15, 2025お知らせ • Apr 16NetEase, Inc., Annual General Meeting, Jun 25, 2025NetEase, Inc., Annual General Meeting, Jun 25, 2025, at 10:00 China Standard Time. Location: company`s offices, no. 399 wangshang road, binjiang district, zhejiang province, 310052, hangzhou, Chinaお知らせ • Feb 20NetEase, Inc. Approves Dividend to Ordinary Share Holders and ADSs Holders for the Fourth Quarter of 2024, Expect to Pay on March 17, 2025 and on or Around March 20, 2025, RespectivelyThe board of directors of NetEase, Inc. approved a dividend of USD 0.24405 per share (USD 1.22025 per ADS) for the fourth quarter of 2024 to holders of ordinary shares and holders of ADSs as of the close of business on March 6, 2025, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17 Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, no later than 4:30 p.m. on March 6, 2025 (Beijing/Hong Kong Time). The payment date is expected to be March 17, 2025, for holders of ordinary shares and on or around March 20, 2025, for holders of ADSs.お知らせ • Feb 06NetEase, Inc. to Report Q4, 2024 Results on Feb 20, 2025NetEase, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 20, 2025お知らせ • Nov 14NetEase, Inc. Announces Dividend for the Third Quarter Ended September 30, 2024, Payable on December 10, 2024NetEase, Inc. announced the dividend of USD 0.087 per share for the third quarter ended September 30, 2024. Ex-dividend date is November 28, 2024. Record date is November 29, 2024. Payment date is December 10, 2024.お知らせ • Oct 31NetEase, Inc. to Report Q3, 2024 Results on Nov 14, 2024NetEase, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 14, 2024Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €79.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Entertainment industry in Germany. Total returns to shareholders of 1.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €155 per share.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €84.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Entertainment industry in Germany. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €157 per share.Declared Dividend • Aug 26Second quarter dividend of US$0.43 announcedShareholders will receive a dividend of US$0.43. Ex-date: 6th September 2024 Payment date: 20th September 2024 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 25Second quarter 2024 earnings released: EPS: CN¥10.50 (vs CN¥12.80 in 2Q 2023)Second quarter 2024 results: EPS: CN¥10.50 (down from CN¥12.80 in 2Q 2023). Revenue: CN¥25.5b (up 6.1% from 2Q 2023). Net income: CN¥6.76b (down 18% from 2Q 2023). Profit margin: 27% (down from 34% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Aug 22NetEase, Inc. Approves A Dividend for the Second Quarter of 2024, Payable on September 17, 2024The board of directors of NetEase, Inc. has approved a dividend of USD 0.0870 per share (USD 0.4350 per ADS) for the second quarter of 2024 to holders of ordinary shares and holders of ADSs as of the close of business on September 6, 2024, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong no later than 4:30 p.m. on September 6, 2024 (Beijing/Hong Kong Time). The payment date is expected to be September 17, 2024 for holders of ordinary shares and on or around September 20, 2024 for holders of ADSs.お知らせ • Aug 05NetEase, Inc. to Report Q2, 2024 Results on Aug 22, 2024NetEase, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 22, 2024Declared Dividend • May 27First quarter dividend of US$0.49 announcedShareholders will receive a dividend of US$0.49. Ex-date: 6th June 2024 Payment date: 21st June 2024 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 22NetEase, Inc. Showcases Latest Game Advancements at 2024 Annual Product Launch EventNetEase, Inc. announced an exciting product lineup, content reveals and plans for over 40 game franchises and products at its annual product launch event on May 20. The 120-minute online event showcased an array of NetEase's vibrant and diversified gaming offerings across genres and platforms. Some highlights from the event include: Exciting new game plans and content updates, such as: Where Winds Meet (an open-world action-adventure RPG), NARAKA: BLADEPOINT Mobile (a melee-focused hero battle royale), Once Human (a supernatural open-world survival game), Ashfall (a cross-platform post-apocalyptic MMORPG) and Lost Light (an endless loot shooting game), for domestic audiences; Dedicated layouts and plans to further extend the appeal of iconic titles, such as new expansion packs, crossovers, gameplay and upcoming events for games including Fantasy Westward Journey series, Westward Journey series, Justice series, Eggy Party, Racing Master and Identity V, among others; and Numerous reveals from games collaborated between NetEase and its global partners. For instance, the producer of Marvel Snap introduced behind-the-scenes stories of its inspirations and other anecdotes. First introduced in 2015, NetEase's product launch event is an annual celebration and carnival for developers, players and NetEase partners. This year's presentations again demonstrate NetEase's unwavering commitment to offering players the best and most exhilarating gaming experiences possible.お知らせ • May 08NetEase, Inc. to Report Q1, 2024 Results on May 23, 2024NetEase, Inc. announced that they will report Q1, 2024 results at 6:00 PM, China Standard Time on May 23, 2024お知らせ • Apr 28NetEase, Inc., Annual General Meeting, Jun 26, 2024NetEase, Inc., Annual General Meeting, Jun 26, 2024, at 10:00 China Standard Time. Location: offices located at No. 399 Wangshang Road, Binjiang District Hangzhou, Zhejiang Province, People’s Republic of China 310052 Hangzhou China Agenda: To re-elect the following five directors to serve for the ensuing year until the next annual general meeting of shareholders and until their successors are elected and duly qualified, or until such directors are otherwise vacated in accordance with the Company’s Memorandum and Articles of Association: Mr. William Lei Ding, Ms. Alice Cheng, Ms. Grace Tang, Mr. Joseph Tong and Mr. Michael Leung; to ratify the appointment of PricewaterhouseCoopers Zhong Tian LLP and PricewaterhouseCoopers as auditors of the Company for the fiscal year ending December 31, 2024 for U.S. financial reporting and Hong Kong financial reporting purposes, respectively; and to consider other business matters.New Risk • Apr 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.0% increase in shares outstanding).Reported Earnings • Apr 26Full year 2023 earnings released: EPS: CN¥45.73 (vs CN¥30.20 in FY 2022)Full year 2023 results: EPS: CN¥45.73 (up from CN¥30.20 in FY 2022). Revenue: CN¥103.5b (up 7.2% from FY 2022). Net income: CN¥29.4b (up 49% from FY 2022). Profit margin: 28% (up from 20% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 06Upcoming dividend of US$1.08 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.7%).Declared Dividend • Mar 04Fourth quarter dividend of US$1.08 announcedShareholders will receive a dividend of US$1.08. Ex-date: 13th March 2024 Payment date: 28th March 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 01Full year 2023 earnings released: EPS: CN¥45.73 (vs CN¥30.20 in FY 2022)Full year 2023 results: EPS: CN¥45.73 (up from CN¥30.20 in FY 2022). Revenue: CN¥103.5b (up 7.2% from FY 2022). Net income: CN¥29.4b (up 49% from FY 2022). Profit margin: 28% (up from 20% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 29NetEase, Inc. Announces Dividend for the Fourth Quarter Ended 31 December 2023, Payable on 25 March 2024NetEase, Inc. announced dividend of USD 0.21597 per share for the fourth quarter ended 31 December 2023. Ex-dividend date is 13 March 2024. Record date is 14 March 2024. Payment date is 25 March 2024.New Risk • Feb 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.お知らせ • Feb 07NetEase, Inc. to Report Q4, 2023 Results on Feb 29, 2024NetEase, Inc. announced that they will report Q4, 2023 results at 6:00 PM, China Standard Time on Feb 29, 2024Valuation Update With 7 Day Price Move • Jan 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €90.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Entertainment industry in Europe. Total loss to shareholders of 4.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €141 per share.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €70.80, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Entertainment industry in Europe. Total loss to shareholders of 1.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €127 per share.お知らせ • Nov 17NetEase, Inc. Announces Resignation of Charles Zhaoxuan Yang as Chief Financial Officer Effective November 30, 2023NetEase, Inc. announced that Mr. Charles Zhaoxuan Yang has resigned from his position as Chief Financial Officer effective November 30, 2023 for personal reasons and to subsequently pursue other career interests. Mr. Yang will remain with the Company as a consultant until June 30, 2024 to ensure a smooth transition as the Company undertakes a search to find a successor.Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: CN¥12.19 (vs CN¥10.27 in 3Q 2022)Third quarter 2023 results: EPS: CN¥12.19 (up from CN¥10.27 in 3Q 2022). Revenue: CN¥27.3b (up 12% from 3Q 2022). Net income: CN¥7.84b (up 17% from 3Q 2022). Profit margin: 29% (up from 27% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 17NetEase, Inc. Approves Dividend for the Third Quarter of 2023, Payment Date Is Expected to Be December 12, 2023NetEase, Inc. approved a dividend of USD 0.0990 per share (USD 0.4950 per ADS) for the third quarter of 2023 to holders of ordinary shares and holders of ADSs as of the close of business on December 1, 2023, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong no later than 4:30 p.m. on December 1, 2023 (Beijing/Hong Kong Time). The payment date is expected to be December 12, 2023 for holders of ordinary shares, and on or around December 15, 2023 for holders of ADSs.お知らせ • Oct 27NetEase, Inc. to Report Q3, 2023 Results on Nov 16, 2023NetEase, Inc. announced that they will report Q3, 2023 results at 6:00 PM, China Standard Time on Nov 16, 2023Buying Opportunity • Oct 13Now 20% undervaluedOver the last 90 days, the stock is up 4.9%. The fair value is estimated to be €123, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 6.1% per annum over the same time period.Buying Opportunity • Sep 25Now 23% undervaluedOver the last 90 days, the stock is up 7.8%. The fair value is estimated to be €122, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 6.0% per annum over the same time period.Buying Opportunity • Aug 30Now 20% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be €119, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings is also forecast to grow by 5.5% per annum over the same time period.お知らせ • Aug 25NetEase, Inc. Approves Dividend for the Second Quarter of 2023, Payable on September 19, 2023The board of directors of NetEase, Inc. has approved a dividend of USD 0.1050 per share (USD 0.5250 per ADS) for the second quarter of 2023 to holders of ordinary shares and holders of ADSs as of the close of business on September 8, 2023 The payment date is expected to be September 19, 2023 for holders of ordinary shares, and on or around September 22, 2023 for holders of ADSs.お知らせ • Aug 04NetEase, Inc. to Report Q2, 2023 Results on Aug 24, 2023NetEase, Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 24, 2023お知らせ • May 26NetEase, Inc. Approves A Dividend for the First Quarter of 2023, Payable on June 21, 2023The board of directors of NetEase, Inc. has approved a dividend of USD 0.0930 per share (USD 0.4650 per ADS) for the first quarter of 2023 to holders of ordinary shares and holders of ADSs as of the close of business on June 9, 2023, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong no later than 4:30 p.m. on June 9, 2023 (Beijing/Hong Kong Time). The payment date is expected to be June 21, 2023 for holders of ordinary shares, and on or around June 23, 2023 for holders of ADSs.お知らせ • May 22Netease, Inc. Updates to Existing and Pipeline Games at Product Launch EventNetEase, Inc. announced robust game content updates and plans for over 50 Chinese and international games across various genres. Catering to NetEase's growing global audience, these updates were streamed in English and Japanese during NetEase Connect 2023, the Company's annual product launch event that took place on May 20, 2023. The latest content updates are part of NetEase's efforts to grow its development pipeline of quality products for players around the world. Earlier this year, the Company announced two newly formed games studios, Anchor Point Game Studios and Spliced Inc. Limited, spearheaded by industry veterans and talents who are focused on bringing more fresh and thrilling experiences to players worldwide. Alongside the many announcements at NetEase Connect 2023, the Company revealed its global aspiration for its casual game Eggy Party, which was first launched internationally in the Philippines last month. Other key highlights included: First real-time gameplay preview of Justice mobile game which is slated to launch on June 30, 2023 in Chinese mainland; Exclusive look at highly anticipated domestic and global projects: Harry Potter: Magical Awakened, Badlanders, Racing Master, Mission Zero, Once Human, Ashfall, and Dunk City Dynasty; Content updates to Naraka: Bladepoint, Knives Out, Fantasy Westward Journey series, Dead by Daylight Mobile, Lost Light, Identity V, and many more; Presented the official soundtrack for Ashfall by world-renowned composers Hans Zimmer, recipient of the 67th Academy Award for Best Original Score, and Steve Mazzaro, who has composed music for numerous films including Iron Man and The Dark Knight Rises; A detailed look at NetEase's 2023 global esports strategy at the event.お知らせ • May 05NetEase, Inc. to Report Q1, 2023 Results on May 25, 2023NetEase, Inc. announced that they will report Q1, 2023 results at 6:00 AM, US Eastern Standard Time on May 25, 2023Reported Earnings • Apr 28Full year 2022 earnings released: EPS: CN¥30.20 (vs CN¥25.34 in FY 2021)Full year 2022 results: EPS: CN¥30.20 (up from CN¥25.34 in FY 2021). Revenue: CN¥96.5b (up 10% from FY 2021). Net income: CN¥19.7b (up 17% from FY 2021). Profit margin: 20% (up from 19% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 01Upcoming dividend of US$0.27 per share at 1.8% yieldEligible shareholders must have bought the stock before 08 March 2023. Payment date: 24 March 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (1.8%).Reported Earnings • Feb 24Full year 2022 earnings released: EPS: CN¥30.20 (vs CN¥25.34 in FY 2021)Full year 2022 results: EPS: CN¥30.20 (up from CN¥25.34 in FY 2021). Revenue: CN¥96.5b (up 10% from FY 2021). Net income: CN¥19.7b (up 17% from FY 2021). Profit margin: 20% (up from 19% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.お知らせ • Feb 03NetEase, Inc. to Report Q4, 2022 Results on Feb 23, 2023NetEase, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 23, 2023Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: CN¥10.27 (vs CN¥4.78 in 3Q 2021)Third quarter 2022 results: EPS: CN¥10.27 (up from CN¥4.78 in 3Q 2021). Revenue: CN¥24.4b (up 10% from 3Q 2021). Net income: CN¥6.70b (up 111% from 3Q 2021). Profit margin: 27% (up from 14% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.Valuation Update With 7 Day Price Move • Oct 25Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to €57.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Entertainment industry in Europe. Total returns to shareholders of 20% over the past three years.Reported Earnings • Aug 19Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: CN¥23.2b (up 13% from 2Q 2021). Net income: CN¥4.67b (up 32% from 2Q 2021). Profit margin: 20% (up from 17% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 132% growth forecast for the Entertainment industry in Germany.Valuation Update With 7 Day Price Move • Jun 21Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €84.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Entertainment industry in Europe. Total returns to shareholders of 95% over the past three years.Reported Earnings • May 03Full year 2021 earnings released: EPS: CN¥25.34 (vs CN¥18.25 in FY 2020)Full year 2021 results: EPS: CN¥25.34 (up from CN¥18.25 in FY 2020). Revenue: CN¥87.6b (up 19% from FY 2020). Net income: CN¥16.9b (up 40% from FY 2020). Profit margin: 19% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 179% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Non-Executive Director Alice Cheng was the last director to join the board, commencing their role in 2007. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €63.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the Entertainment industry in Germany. Total returns to shareholders of 56% over the past three years.Reported Earnings • Feb 25Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥25.34 (up from CN¥18.25 in FY 2020). Revenue: CN¥87.6b (up 19% from FY 2020). Net income: CN¥16.9b (up 40% from FY 2020). Profit margin: 19% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 340% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Nov 23Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 30 November 2021. Payment date: 16 December 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (1.6%).Reported Earnings • Nov 17Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥22.2b (up 19% from 3Q 2020). Net income: CN¥3.18b (up 6.1% from 3Q 2020). Profit margin: 14% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to €81.60, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Entertainment industry in Europe. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €138 per share.Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS CN¥5.29 (vs CN¥7.00 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥20.5b (up 13% from 2Q 2020). Net income: CN¥3.54b (down 22% from 2Q 2020). Profit margin: 17% (down from 25% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 27Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to CN¥72.40, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 27x in the Entertainment industry in Europe. Total returns to shareholders of 74% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €81.85 per share.Upcoming Dividend • May 26Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 02 June 2021. Payment date: 18 June 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.9%).Reported Earnings • May 19First quarter 2021 earnings released: EPS CN¥6.63 (vs CN¥5.50 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥20.5b (up 20% from 1Q 2020). Net income: CN¥4.44b (up 25% from 1Q 2020). Profit margin: 22% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 01Full year 2020 earnings released: EPS CN¥18.25 (vs CN¥20.61 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥73.7b (up 24% from FY 2019). Net income: CN¥12.1b (down 9.1% from FY 2019). Profit margin: 16% (down from 22% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 26Full year 2020 earnings released: EPS CN¥18.25 (vs CN¥20.61 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥73.7b (up 24% from FY 2019). Net income: CN¥12.1b (down 9.1% from FY 2019). Profit margin: 16% (down from 22% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.Analyst Estimate Surprise Post Earnings • Feb 26Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 22%, compared to a 3.8% growth forecast for the Entertainment industry in Germany.Executive Departure • Feb 26Independent Director has left the companyOn the 25th of February, Sui Bau Tong's tenure as Independent Director ended after 21.3 years in the role. We don't have any record of a personal shareholding under Sui Bau's name. Sui Bau is the only executive to leave the company over the last 12 months.Is New 90 Day High Low • Feb 08New 90-day high: €105The company is up 38% from its price of €75.74 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €98.31 per share.Is New 90 Day High Low • Jan 22New 90-day high: €94.40The company is up 30% from its price of €72.40 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €91.78 per share.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥90.81, the stock is trading at a trailing P/E ratio of 33.5x, up from the previous P/E ratio of 28.6x. This compares to an average P/E of 38x in the Entertainment industry in Europe. Total returns to shareholders over the past three years are 75%.Is New 90 Day High Low • Jan 05New 90-day high: €82.03The company is up 11% from its price of €73.57 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €97.17 per share.Is New 90 Day High Low • Dec 15New 90-day low: €71.42The company is down 13% from its price of €81.82 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €92.74 per share.Reported Earnings • Nov 20Third quarter 2020 earnings released: EPS CN¥4.43The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: CN¥18.7b (up 28% from 3Q 2019). Net income: CN¥3.00b (down 77% from 3Q 2019). Profit margin: 16% (down from 88% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Nov 20Revenue beats expectationsRevenue exceeded analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 18% compared to a 34% decline forecast for the Entertainment industry in Germany.Is New 90 Day High Low • Nov 19New 90-day low: €72.00The company is down 10.0% from its price of €80.00 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €84.19 per share.Is New 90 Day High Low • Oct 24New 90-day low: €72.40The company is down 5.0% from its price of €76.32 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €83.02 per share.収支内訳NetEase の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:NEH 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 26114,38934,13319,27417,81531 Dec 25112,62633,76018,84817,71930 Sep 25111,82736,28417,89017,75530 Jun 25109,67834,20717,17317,63731 Mar 25107,27232,36517,13217,73631 Dec 24105,29529,69818,69817,52530 Sep 24105,68827,51320,19517,53430 Jun 24106,74828,81220,35117,45731 Mar 24105,27430,29620,16116,91031 Dec 23103,46829,41718,86916,48530 Sep 23101,68226,78718,11316,09630 Jun 2398,83825,65018,08415,71831 Mar 2397,98622,07318,09415,39131 Dec 2296,49619,71318,09915,03930 Sep 2295,51521,45417,84014,79730 Jun 2293,27917,93717,08114,58931 Mar 2290,64516,81216,69214,41431 Dec 2187,60616,85716,47814,07630 Sep 2182,99412,13815,90213,25830 Jun 2179,46211,95515,85512,28531 Mar 2177,12212,95115,04411,28731 Dec 2073,66712,06314,07610,36930 Sep 2069,64014,14113,1569,60730 Jun 2065,61815,27711,3028,98131 Mar 2061,88114,09310,1558,51831 Dec 1959,24113,2759,3518,41330 Sep 1951,06813,5917,5528,00130 Jun 1949,59211,5207,7207,98631 Mar 1951,42810,2728,6487,95731 Dec 1851,1798,2919,9907,37830 Sep 1858,2256,20711,8996,76630 Jun 1857,5426,67111,6025,77231 Mar 1854,6347,53710,8884,90631 Dec 1744,43711,5427,8864,16230 Sep 1751,59313,1058,0314,00630 Jun 1748,32713,3187,4533,67431 Mar 1743,90413,0666,6793,34831 Dec 1638,17911,6055,9883,04730 Sep 1633,98310,0865,4832,75730 Jun 1631,4439,2284,9542,56031 Mar 1627,0587,9314,3472,33031 Dec 1522,8036,7353,9732,15930 Sep 1518,3635,8423,6061,96430 Jun 1514,8085,1193,1311,737質の高い収益: NEHは 高品質の収益 を持っています。利益率の向上: NEHの現在の純利益率 (29.8%)は、昨年(30.2%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: NEHの収益は過去 5 年間で年間19.8%増加しました。成長の加速: NEHの過去 1 年間の収益成長率 ( 5.5% ) は、5 年間の平均 ( 年間19.8%を下回っています。収益対業界: NEHの過去 1 年間の収益成長率 ( 5.5% ) はEntertainment業界-6.5%を上回りました。株主資本利益率高いROE: NEHの 自己資本利益率 ( 20.7% ) は 高い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMedia 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 19:14終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋NetEase, Inc. 30 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。71 アナリスト機関Sau Shing ChowABCI Securities Company LimitedTianli WenAletheia Analyst Network LimitedZixiao YangArete Research Services LLP68 その他のアナリストを表示
お知らせ • May 07NetEase, Inc. to Report Q1, 2026 Results on May 21, 2026NetEase, Inc. announced that they will report Q1, 2026 results at 6:00 PM, China Standard Time on May 21, 2026
お知らせ • Jan 28NetEase, Inc. to Report Q4, 2025 Results on Feb 11, 2026NetEase, Inc. announced that they will report Q4, 2025 results at 6:00 PM, China Standard Time on Feb 11, 2026
お知らせ • Nov 06NetEase, Inc. to Report Q3, 2025 Results on Nov 20, 2025NetEase, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 20, 2025
お知らせ • Jul 31NetEase, Inc. to Report Q2, 2025 Results on Aug 14, 2025NetEase, Inc. announced that they will report Q2, 2025 results at 6:00 PM, China Standard Time on Aug 14, 2025
お知らせ • Apr 30NetEase, Inc. to Report Q1, 2025 Results on May 15, 2025NetEase, Inc. announced that they will report Q1, 2025 results Pre-Market on May 15, 2025
お知らせ • Feb 06NetEase, Inc. to Report Q4, 2024 Results on Feb 20, 2025NetEase, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 20, 2025
お知らせ • May 23NetEase, Inc. Approves Dividend for the First Quarter of 2026, Payable on June 15, 2026The board of directors of NetEase, Inc. approved a dividend of USD 0.144 per share (USD 0.720 per ADS) for the first quarter of 2026 to holders of ordinary shares and holders of ADSs as of the close of business on June 5, 2026, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17 Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, no later than 4:30 p.m. on June 5, 2026 (Beijing/Hong Kong Time). The payment date is expected to be June 15, 2026 for holders of ordinary shares and on or around June 18, 2026, for holders of ADSs.
お知らせ • May 19NetEase, Inc., Annual General Meeting, Jun 23, 2026NetEase, Inc., Annual General Meeting, Jun 23, 2026, at 10:00 China Standard Time. Location: no. 399 wangshang road, binjiang district, zhejiang province, hangzhou China
お知らせ • May 07NetEase, Inc. to Report Q1, 2026 Results on May 21, 2026NetEase, Inc. announced that they will report Q1, 2026 results at 6:00 PM, China Standard Time on May 21, 2026
お知らせ • Feb 11+ 1 more updateNetEase, Inc. Approves Ordinary Cash Dividend for the Fourth Quarter Ended 31 December 2025, Payable on March 25, 2026NetEase, Inc. approved ordinary cash dividend of USD 0.232 per share (USD 1.16 per ADS) for the fourth quarter ended 31 December 2025 to holders of ordinary shares and holders of ADSs as of the close of business on March 16, 2026, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, on March 16, 2026 (Beijing/Hong Kong Time). The payment date is expected to be March 25, 2026 for holders of ordinary shares and on or around March 27, 2026, for holders of ADSs. NetEase paid a dividend of USD 0.114 per share (USD 0.57 per ADS) for the third quarter of 2025 in December 2025. Ex-dividend date is 13 March 2026. Latest time to lodge transfer documents for registration with share registrar for determining entitlement to the dividend is 16 March 2026.
お知らせ • Jan 28NetEase, Inc. to Report Q4, 2025 Results on Feb 11, 2026NetEase, Inc. announced that they will report Q4, 2025 results at 6:00 PM, China Standard Time on Feb 11, 2026
お知らせ • Nov 20NetEase, Inc. Announces Dividend for the Third Quarter Ended 30 September 2025, Payable on 16 December 2025NetEase, Inc. announced dividend of USD 0.114 per share for the third quarter ended 30 September 2025. Ex-dividend date 04 December 2025. Record date 05 December 2025. Payment date 16 December 2025.
お知らせ • Nov 06NetEase, Inc. to Report Q3, 2025 Results on Nov 20, 2025NetEase, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 20, 2025
お知らせ • Aug 14+ 1 more updateNetEase, Inc. Approves Dividend for the Second Quarter Ended June 30, 2025, Payable on September 8, 2025The board of directors of NetEase, Inc. approved a dividend of USD 0.1140 per share (USD 0.5700 per ADS) for the second quarter of 2025 to holders of ordinary shares and holders of ADSs as of the close of business on August 28, 2025, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited no later than August 28, 2025 (Beijing/Hong Kong Time). The payment date is expected to be September 8, 2025 for holders of ordinary shares and on or around September 11, 2025, for holders of ADSs.
お知らせ • Jul 31NetEase, Inc. to Report Q2, 2025 Results on Aug 14, 2025NetEase, Inc. announced that they will report Q2, 2025 results at 6:00 PM, China Standard Time on Aug 14, 2025
お知らせ • May 15NetEase, Inc. Approves Dividend for the First Quarter of 2025, Payable on June 10, 2025The board of directors of NetEase, Inc. approved a dividend of USD 0.1350 per share (USD 0.6750 per ADS) for the first quarter of 2025 to holders of ordinary shares and holders of ADSs as of the close of business on May 30, 2025, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. The payment date is expected to be June 10, 2025, for holders of ordinary shares and on or around June 13, 2025, for holders of ADSs.
お知らせ • Apr 30NetEase, Inc. to Report Q1, 2025 Results on May 15, 2025NetEase, Inc. announced that they will report Q1, 2025 results Pre-Market on May 15, 2025
お知らせ • Apr 16NetEase, Inc., Annual General Meeting, Jun 25, 2025NetEase, Inc., Annual General Meeting, Jun 25, 2025, at 10:00 China Standard Time. Location: company`s offices, no. 399 wangshang road, binjiang district, zhejiang province, 310052, hangzhou, China
お知らせ • Feb 20NetEase, Inc. Approves Dividend to Ordinary Share Holders and ADSs Holders for the Fourth Quarter of 2024, Expect to Pay on March 17, 2025 and on or Around March 20, 2025, RespectivelyThe board of directors of NetEase, Inc. approved a dividend of USD 0.24405 per share (USD 1.22025 per ADS) for the fourth quarter of 2024 to holders of ordinary shares and holders of ADSs as of the close of business on March 6, 2025, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17 Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, no later than 4:30 p.m. on March 6, 2025 (Beijing/Hong Kong Time). The payment date is expected to be March 17, 2025, for holders of ordinary shares and on or around March 20, 2025, for holders of ADSs.
お知らせ • Feb 06NetEase, Inc. to Report Q4, 2024 Results on Feb 20, 2025NetEase, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 20, 2025
お知らせ • Nov 14NetEase, Inc. Announces Dividend for the Third Quarter Ended September 30, 2024, Payable on December 10, 2024NetEase, Inc. announced the dividend of USD 0.087 per share for the third quarter ended September 30, 2024. Ex-dividend date is November 28, 2024. Record date is November 29, 2024. Payment date is December 10, 2024.
お知らせ • Oct 31NetEase, Inc. to Report Q3, 2024 Results on Nov 14, 2024NetEase, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 14, 2024
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €79.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Entertainment industry in Germany. Total returns to shareholders of 1.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €155 per share.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €84.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Entertainment industry in Germany. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €157 per share.
Declared Dividend • Aug 26Second quarter dividend of US$0.43 announcedShareholders will receive a dividend of US$0.43. Ex-date: 6th September 2024 Payment date: 20th September 2024 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 25Second quarter 2024 earnings released: EPS: CN¥10.50 (vs CN¥12.80 in 2Q 2023)Second quarter 2024 results: EPS: CN¥10.50 (down from CN¥12.80 in 2Q 2023). Revenue: CN¥25.5b (up 6.1% from 2Q 2023). Net income: CN¥6.76b (down 18% from 2Q 2023). Profit margin: 27% (down from 34% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Aug 22NetEase, Inc. Approves A Dividend for the Second Quarter of 2024, Payable on September 17, 2024The board of directors of NetEase, Inc. has approved a dividend of USD 0.0870 per share (USD 0.4350 per ADS) for the second quarter of 2024 to holders of ordinary shares and holders of ADSs as of the close of business on September 6, 2024, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong no later than 4:30 p.m. on September 6, 2024 (Beijing/Hong Kong Time). The payment date is expected to be September 17, 2024 for holders of ordinary shares and on or around September 20, 2024 for holders of ADSs.
お知らせ • Aug 05NetEase, Inc. to Report Q2, 2024 Results on Aug 22, 2024NetEase, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 22, 2024
Declared Dividend • May 27First quarter dividend of US$0.49 announcedShareholders will receive a dividend of US$0.49. Ex-date: 6th June 2024 Payment date: 21st June 2024 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 22NetEase, Inc. Showcases Latest Game Advancements at 2024 Annual Product Launch EventNetEase, Inc. announced an exciting product lineup, content reveals and plans for over 40 game franchises and products at its annual product launch event on May 20. The 120-minute online event showcased an array of NetEase's vibrant and diversified gaming offerings across genres and platforms. Some highlights from the event include: Exciting new game plans and content updates, such as: Where Winds Meet (an open-world action-adventure RPG), NARAKA: BLADEPOINT Mobile (a melee-focused hero battle royale), Once Human (a supernatural open-world survival game), Ashfall (a cross-platform post-apocalyptic MMORPG) and Lost Light (an endless loot shooting game), for domestic audiences; Dedicated layouts and plans to further extend the appeal of iconic titles, such as new expansion packs, crossovers, gameplay and upcoming events for games including Fantasy Westward Journey series, Westward Journey series, Justice series, Eggy Party, Racing Master and Identity V, among others; and Numerous reveals from games collaborated between NetEase and its global partners. For instance, the producer of Marvel Snap introduced behind-the-scenes stories of its inspirations and other anecdotes. First introduced in 2015, NetEase's product launch event is an annual celebration and carnival for developers, players and NetEase partners. This year's presentations again demonstrate NetEase's unwavering commitment to offering players the best and most exhilarating gaming experiences possible.
お知らせ • May 08NetEase, Inc. to Report Q1, 2024 Results on May 23, 2024NetEase, Inc. announced that they will report Q1, 2024 results at 6:00 PM, China Standard Time on May 23, 2024
お知らせ • Apr 28NetEase, Inc., Annual General Meeting, Jun 26, 2024NetEase, Inc., Annual General Meeting, Jun 26, 2024, at 10:00 China Standard Time. Location: offices located at No. 399 Wangshang Road, Binjiang District Hangzhou, Zhejiang Province, People’s Republic of China 310052 Hangzhou China Agenda: To re-elect the following five directors to serve for the ensuing year until the next annual general meeting of shareholders and until their successors are elected and duly qualified, or until such directors are otherwise vacated in accordance with the Company’s Memorandum and Articles of Association: Mr. William Lei Ding, Ms. Alice Cheng, Ms. Grace Tang, Mr. Joseph Tong and Mr. Michael Leung; to ratify the appointment of PricewaterhouseCoopers Zhong Tian LLP and PricewaterhouseCoopers as auditors of the Company for the fiscal year ending December 31, 2024 for U.S. financial reporting and Hong Kong financial reporting purposes, respectively; and to consider other business matters.
New Risk • Apr 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.0% increase in shares outstanding).
Reported Earnings • Apr 26Full year 2023 earnings released: EPS: CN¥45.73 (vs CN¥30.20 in FY 2022)Full year 2023 results: EPS: CN¥45.73 (up from CN¥30.20 in FY 2022). Revenue: CN¥103.5b (up 7.2% from FY 2022). Net income: CN¥29.4b (up 49% from FY 2022). Profit margin: 28% (up from 20% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 06Upcoming dividend of US$1.08 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.7%).
Declared Dividend • Mar 04Fourth quarter dividend of US$1.08 announcedShareholders will receive a dividend of US$1.08. Ex-date: 13th March 2024 Payment date: 28th March 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 01Full year 2023 earnings released: EPS: CN¥45.73 (vs CN¥30.20 in FY 2022)Full year 2023 results: EPS: CN¥45.73 (up from CN¥30.20 in FY 2022). Revenue: CN¥103.5b (up 7.2% from FY 2022). Net income: CN¥29.4b (up 49% from FY 2022). Profit margin: 28% (up from 20% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 29NetEase, Inc. Announces Dividend for the Fourth Quarter Ended 31 December 2023, Payable on 25 March 2024NetEase, Inc. announced dividend of USD 0.21597 per share for the fourth quarter ended 31 December 2023. Ex-dividend date is 13 March 2024. Record date is 14 March 2024. Payment date is 25 March 2024.
New Risk • Feb 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
お知らせ • Feb 07NetEase, Inc. to Report Q4, 2023 Results on Feb 29, 2024NetEase, Inc. announced that they will report Q4, 2023 results at 6:00 PM, China Standard Time on Feb 29, 2024
Valuation Update With 7 Day Price Move • Jan 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €90.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Entertainment industry in Europe. Total loss to shareholders of 4.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €141 per share.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €70.80, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Entertainment industry in Europe. Total loss to shareholders of 1.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €127 per share.
お知らせ • Nov 17NetEase, Inc. Announces Resignation of Charles Zhaoxuan Yang as Chief Financial Officer Effective November 30, 2023NetEase, Inc. announced that Mr. Charles Zhaoxuan Yang has resigned from his position as Chief Financial Officer effective November 30, 2023 for personal reasons and to subsequently pursue other career interests. Mr. Yang will remain with the Company as a consultant until June 30, 2024 to ensure a smooth transition as the Company undertakes a search to find a successor.
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: CN¥12.19 (vs CN¥10.27 in 3Q 2022)Third quarter 2023 results: EPS: CN¥12.19 (up from CN¥10.27 in 3Q 2022). Revenue: CN¥27.3b (up 12% from 3Q 2022). Net income: CN¥7.84b (up 17% from 3Q 2022). Profit margin: 29% (up from 27% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 17NetEase, Inc. Approves Dividend for the Third Quarter of 2023, Payment Date Is Expected to Be December 12, 2023NetEase, Inc. approved a dividend of USD 0.0990 per share (USD 0.4950 per ADS) for the third quarter of 2023 to holders of ordinary shares and holders of ADSs as of the close of business on December 1, 2023, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong no later than 4:30 p.m. on December 1, 2023 (Beijing/Hong Kong Time). The payment date is expected to be December 12, 2023 for holders of ordinary shares, and on or around December 15, 2023 for holders of ADSs.
お知らせ • Oct 27NetEase, Inc. to Report Q3, 2023 Results on Nov 16, 2023NetEase, Inc. announced that they will report Q3, 2023 results at 6:00 PM, China Standard Time on Nov 16, 2023
Buying Opportunity • Oct 13Now 20% undervaluedOver the last 90 days, the stock is up 4.9%. The fair value is estimated to be €123, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 6.1% per annum over the same time period.
Buying Opportunity • Sep 25Now 23% undervaluedOver the last 90 days, the stock is up 7.8%. The fair value is estimated to be €122, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 6.0% per annum over the same time period.
Buying Opportunity • Aug 30Now 20% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be €119, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings is also forecast to grow by 5.5% per annum over the same time period.
お知らせ • Aug 25NetEase, Inc. Approves Dividend for the Second Quarter of 2023, Payable on September 19, 2023The board of directors of NetEase, Inc. has approved a dividend of USD 0.1050 per share (USD 0.5250 per ADS) for the second quarter of 2023 to holders of ordinary shares and holders of ADSs as of the close of business on September 8, 2023 The payment date is expected to be September 19, 2023 for holders of ordinary shares, and on or around September 22, 2023 for holders of ADSs.
お知らせ • Aug 04NetEase, Inc. to Report Q2, 2023 Results on Aug 24, 2023NetEase, Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 24, 2023
お知らせ • May 26NetEase, Inc. Approves A Dividend for the First Quarter of 2023, Payable on June 21, 2023The board of directors of NetEase, Inc. has approved a dividend of USD 0.0930 per share (USD 0.4650 per ADS) for the first quarter of 2023 to holders of ordinary shares and holders of ADSs as of the close of business on June 9, 2023, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. For holders of ordinary shares, in order to qualify for the dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong no later than 4:30 p.m. on June 9, 2023 (Beijing/Hong Kong Time). The payment date is expected to be June 21, 2023 for holders of ordinary shares, and on or around June 23, 2023 for holders of ADSs.
お知らせ • May 22Netease, Inc. Updates to Existing and Pipeline Games at Product Launch EventNetEase, Inc. announced robust game content updates and plans for over 50 Chinese and international games across various genres. Catering to NetEase's growing global audience, these updates were streamed in English and Japanese during NetEase Connect 2023, the Company's annual product launch event that took place on May 20, 2023. The latest content updates are part of NetEase's efforts to grow its development pipeline of quality products for players around the world. Earlier this year, the Company announced two newly formed games studios, Anchor Point Game Studios and Spliced Inc. Limited, spearheaded by industry veterans and talents who are focused on bringing more fresh and thrilling experiences to players worldwide. Alongside the many announcements at NetEase Connect 2023, the Company revealed its global aspiration for its casual game Eggy Party, which was first launched internationally in the Philippines last month. Other key highlights included: First real-time gameplay preview of Justice mobile game which is slated to launch on June 30, 2023 in Chinese mainland; Exclusive look at highly anticipated domestic and global projects: Harry Potter: Magical Awakened, Badlanders, Racing Master, Mission Zero, Once Human, Ashfall, and Dunk City Dynasty; Content updates to Naraka: Bladepoint, Knives Out, Fantasy Westward Journey series, Dead by Daylight Mobile, Lost Light, Identity V, and many more; Presented the official soundtrack for Ashfall by world-renowned composers Hans Zimmer, recipient of the 67th Academy Award for Best Original Score, and Steve Mazzaro, who has composed music for numerous films including Iron Man and The Dark Knight Rises; A detailed look at NetEase's 2023 global esports strategy at the event.
お知らせ • May 05NetEase, Inc. to Report Q1, 2023 Results on May 25, 2023NetEase, Inc. announced that they will report Q1, 2023 results at 6:00 AM, US Eastern Standard Time on May 25, 2023
Reported Earnings • Apr 28Full year 2022 earnings released: EPS: CN¥30.20 (vs CN¥25.34 in FY 2021)Full year 2022 results: EPS: CN¥30.20 (up from CN¥25.34 in FY 2021). Revenue: CN¥96.5b (up 10% from FY 2021). Net income: CN¥19.7b (up 17% from FY 2021). Profit margin: 20% (up from 19% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 01Upcoming dividend of US$0.27 per share at 1.8% yieldEligible shareholders must have bought the stock before 08 March 2023. Payment date: 24 March 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (1.8%).
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: CN¥30.20 (vs CN¥25.34 in FY 2021)Full year 2022 results: EPS: CN¥30.20 (up from CN¥25.34 in FY 2021). Revenue: CN¥96.5b (up 10% from FY 2021). Net income: CN¥19.7b (up 17% from FY 2021). Profit margin: 20% (up from 19% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Feb 03NetEase, Inc. to Report Q4, 2022 Results on Feb 23, 2023NetEase, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 23, 2023
Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: CN¥10.27 (vs CN¥4.78 in 3Q 2021)Third quarter 2022 results: EPS: CN¥10.27 (up from CN¥4.78 in 3Q 2021). Revenue: CN¥24.4b (up 10% from 3Q 2021). Net income: CN¥6.70b (up 111% from 3Q 2021). Profit margin: 27% (up from 14% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.
Valuation Update With 7 Day Price Move • Oct 25Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to €57.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Entertainment industry in Europe. Total returns to shareholders of 20% over the past three years.
Reported Earnings • Aug 19Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: CN¥23.2b (up 13% from 2Q 2021). Net income: CN¥4.67b (up 32% from 2Q 2021). Profit margin: 20% (up from 17% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 132% growth forecast for the Entertainment industry in Germany.
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €84.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Entertainment industry in Europe. Total returns to shareholders of 95% over the past three years.
Reported Earnings • May 03Full year 2021 earnings released: EPS: CN¥25.34 (vs CN¥18.25 in FY 2020)Full year 2021 results: EPS: CN¥25.34 (up from CN¥18.25 in FY 2020). Revenue: CN¥87.6b (up 19% from FY 2020). Net income: CN¥16.9b (up 40% from FY 2020). Profit margin: 19% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 179% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Non-Executive Director Alice Cheng was the last director to join the board, commencing their role in 2007. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €63.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the Entertainment industry in Germany. Total returns to shareholders of 56% over the past three years.
Reported Earnings • Feb 25Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥25.34 (up from CN¥18.25 in FY 2020). Revenue: CN¥87.6b (up 19% from FY 2020). Net income: CN¥16.9b (up 40% from FY 2020). Profit margin: 19% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 340% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Nov 23Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 30 November 2021. Payment date: 16 December 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (1.6%).
Reported Earnings • Nov 17Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥22.2b (up 19% from 3Q 2020). Net income: CN¥3.18b (up 6.1% from 3Q 2020). Profit margin: 14% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to €81.60, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Entertainment industry in Europe. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €138 per share.
Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS CN¥5.29 (vs CN¥7.00 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥20.5b (up 13% from 2Q 2020). Net income: CN¥3.54b (down 22% from 2Q 2020). Profit margin: 17% (down from 25% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to CN¥72.40, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 27x in the Entertainment industry in Europe. Total returns to shareholders of 74% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €81.85 per share.
Upcoming Dividend • May 26Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 02 June 2021. Payment date: 18 June 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.9%).
Reported Earnings • May 19First quarter 2021 earnings released: EPS CN¥6.63 (vs CN¥5.50 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥20.5b (up 20% from 1Q 2020). Net income: CN¥4.44b (up 25% from 1Q 2020). Profit margin: 22% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 01Full year 2020 earnings released: EPS CN¥18.25 (vs CN¥20.61 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥73.7b (up 24% from FY 2019). Net income: CN¥12.1b (down 9.1% from FY 2019). Profit margin: 16% (down from 22% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 26Full year 2020 earnings released: EPS CN¥18.25 (vs CN¥20.61 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥73.7b (up 24% from FY 2019). Net income: CN¥12.1b (down 9.1% from FY 2019). Profit margin: 16% (down from 22% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.
Analyst Estimate Surprise Post Earnings • Feb 26Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 22%, compared to a 3.8% growth forecast for the Entertainment industry in Germany.
Executive Departure • Feb 26Independent Director has left the companyOn the 25th of February, Sui Bau Tong's tenure as Independent Director ended after 21.3 years in the role. We don't have any record of a personal shareholding under Sui Bau's name. Sui Bau is the only executive to leave the company over the last 12 months.
Is New 90 Day High Low • Feb 08New 90-day high: €105The company is up 38% from its price of €75.74 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €98.31 per share.
Is New 90 Day High Low • Jan 22New 90-day high: €94.40The company is up 30% from its price of €72.40 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €91.78 per share.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥90.81, the stock is trading at a trailing P/E ratio of 33.5x, up from the previous P/E ratio of 28.6x. This compares to an average P/E of 38x in the Entertainment industry in Europe. Total returns to shareholders over the past three years are 75%.
Is New 90 Day High Low • Jan 05New 90-day high: €82.03The company is up 11% from its price of €73.57 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €97.17 per share.
Is New 90 Day High Low • Dec 15New 90-day low: €71.42The company is down 13% from its price of €81.82 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €92.74 per share.
Reported Earnings • Nov 20Third quarter 2020 earnings released: EPS CN¥4.43The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: CN¥18.7b (up 28% from 3Q 2019). Net income: CN¥3.00b (down 77% from 3Q 2019). Profit margin: 16% (down from 88% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Nov 20Revenue beats expectationsRevenue exceeded analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 18% compared to a 34% decline forecast for the Entertainment industry in Germany.
Is New 90 Day High Low • Nov 19New 90-day low: €72.00The company is down 10.0% from its price of €80.00 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €84.19 per share.
Is New 90 Day High Low • Oct 24New 90-day low: €72.40The company is down 5.0% from its price of €76.32 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €83.02 per share.