NetEase, Inc.

SEHK:9999 株式レポート

時価総額：HK$623.5b

NetEase 将来の成長

Future 基準チェック /26

NetEase利益と収益がそれぞれ年間9.5%と7.3%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に21.5% 11.6%なると予測されています。

主要情報

9.5%

収益成長率

11.58%

EPS成長率

Entertainment 収益成長9.7%
収益成長率7.3%
将来の株主資本利益率21.49%
アナリストカバレッジ

Good

最終更新日26 May 2026

今後の成長に関する最新情報

分析記事 • 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...
分析記事 • 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...

Recent updates

分析記事 • 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...
ナラティブの更新 • 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).
ナラティブの更新 • 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).
ナラティブの更新 • 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).
ナラティブの更新 • 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).
ナラティブの更新 • 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).
分析記事 • 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...
分析記事 • 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...
ナラティブの更新 • 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).
ナラティブの更新 • 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).
ナラティブの更新 • 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).
分析記事 • 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...
ナラティブの更新 • 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.
ナラティブの更新 • 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.
分析記事 • 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...
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
分析記事 • 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...
ナラティブの更新 • 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.
ナラティブの更新 • 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.
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • Jul 13

Is NetEase (HKG:9999) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Jun 30

What Is NetEase, Inc.'s (HKG:9999) Share Price Doing?

Today we're going to take a look at the well-established NetEase, Inc. ( HKG:9999 ). The company's stock saw a...
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新しいナラティブ • 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.

業績と収益の成長予測

SEHK:9999 - アナリストの将来予測と過去の財務データ ( )CNY Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/2028140,84046,42055,38756,65822
12/31/2027131,36242,76046,17551,56829
12/31/2026121,34839,19346,60445,17430
3/31/2026114,38934,13350,46452,366N/A
12/31/2025112,62633,76048,68750,740N/A
9/30/2025111,82736,28446,76648,929N/A
6/30/2025109,67834,20744,26646,556N/A
3/31/2025107,27232,36539,87142,226N/A
12/31/2024105,29529,69837,47039,677N/A
9/30/2024105,68827,51336,09238,473N/A
6/30/2024106,74828,81234,57737,741N/A
3/31/2024105,27430,29635,48838,888N/A
12/31/2023103,46829,41731,05535,331N/A
9/30/2023101,68226,78728,35232,532N/A
6/30/202398,83825,65026,67130,175N/A
3/31/202397,98622,07325,89729,127N/A
12/31/202296,49619,71325,06627,709N/A
9/30/202295,51521,45424,19627,069N/A
6/30/202293,27917,93723,08625,875N/A
3/31/202290,64516,81220,71923,967N/A
12/31/202187,60616,85721,81724,927N/A
9/30/202182,99412,13821,76524,772N/A
6/30/202179,46211,95520,39323,881N/A
3/31/202177,12212,95120,35523,930N/A
12/31/202073,66712,06321,59824,888N/A
9/30/202069,64014,14118,53522,185N/A
6/30/202065,61815,27717,55520,637N/A
3/31/202061,88114,09317,75220,331N/A
12/31/201959,24113,275N/A17,216N/A
9/30/201951,06813,591N/A17,641N/A
6/30/201949,59211,520N/A17,405N/A
3/31/201951,42810,272N/A14,897N/A
12/31/201851,1798,291N/A13,416N/A
9/30/201858,2256,207N/A11,362N/A
6/30/201857,5426,671N/A9,400N/A
3/31/201854,6347,537N/A9,763N/A
12/31/201744,43711,542N/A11,889N/A
9/30/201751,59313,105N/A13,387N/A
6/30/201748,32713,318N/A15,461N/A
3/31/201743,90413,066N/A16,427N/A
12/31/201638,17911,605N/A15,488N/A
9/30/201633,98310,086N/A13,223N/A
6/30/201631,4439,228N/A11,695N/A
3/31/201627,0587,931N/A9,245N/A
12/31/201522,8036,735N/A8,077N/A
9/30/201518,3635,842N/A6,866N/A
6/30/201514,8085,119N/A5,827N/A

アナリストによる今後の成長予測

収入対貯蓄率: 9999の予測収益成長率 (年間9.5% ) は 貯蓄率 ( 3% ) を上回っています。

収益対市場: 9999の収益 ( 9.5% ) Hong Kong市場 ( 12.8% ) よりも低い成長が予測されています。

高成長収益: 9999の収益は増加すると予測されていますが、大幅には増加しません。

収益対市場: 9999の収益 ( 7.3% ) Hong Kong市場 ( 8.7% ) よりも低い成長が予測されています。

高い収益成長: 9999の収益 ( 7.3% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: 9999の 自己資本利益率 は、3年後には高くなると予測されています ( 21.5 %)

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

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2026/05/27 19:39
終値2026/05/27 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
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
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 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 Limited
Tianli WenAletheia Analyst Network Limited
Zixiao YangArete Research Services LLP