NetEase is forecast to grow earnings and revenue by 8.3% and 7.1% per annum respectively. EPS is expected to grow by 9% per annum. Return on equity is forecast to be 20.2% in 3 years.
Key information
8.3%
Earnings growth rate
8.99%
EPS growth rate
Entertainment earnings growth
18.5%
Revenue growth rate
7.1%
Future return on equity
20.22%
Analyst coverage
Good
Last updated
04 May 2026
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
BOVESPA:NETE34 - Analysts future estimates and past financials data (CNY Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
140,253
44,021
53,847
53,974
20
12/31/2027
130,875
40,806
44,371
47,496
28
12/31/2026
120,746
37,011
46,840
45,449
30
12/31/2025
112,626
33,760
48,687
50,740
N/A
9/30/2025
111,827
36,284
46,766
48,929
N/A
6/30/2025
109,678
34,207
44,266
46,556
N/A
3/31/2025
107,272
32,365
39,871
42,226
N/A
12/31/2024
105,295
29,698
37,470
39,677
N/A
9/30/2024
105,688
27,513
36,092
38,473
N/A
6/30/2024
106,748
28,812
34,577
37,741
N/A
3/31/2024
105,274
30,296
35,488
38,888
N/A
12/31/2023
103,468
29,417
31,055
35,331
N/A
9/30/2023
101,682
26,787
28,352
32,532
N/A
6/30/2023
98,838
25,650
26,671
30,175
N/A
3/31/2023
97,986
22,073
25,897
29,127
N/A
12/31/2022
96,496
19,713
25,066
27,709
N/A
9/30/2022
95,515
21,454
24,196
27,069
N/A
6/30/2022
93,279
17,937
23,086
25,875
N/A
3/31/2022
90,645
16,812
20,719
23,967
N/A
12/31/2021
87,606
16,857
21,817
24,927
N/A
9/30/2021
82,994
12,138
21,765
24,772
N/A
6/30/2021
79,462
11,955
20,393
23,881
N/A
3/31/2021
77,122
12,951
20,355
23,930
N/A
12/31/2020
73,667
12,063
21,598
24,888
N/A
9/30/2020
69,640
14,141
18,535
22,185
N/A
6/30/2020
65,618
15,277
17,555
20,637
N/A
3/31/2020
61,881
14,093
17,752
20,331
N/A
12/31/2019
59,241
13,275
13,888
17,216
N/A
9/30/2019
51,068
13,591
N/A
17,641
N/A
6/30/2019
49,592
11,520
N/A
17,405
N/A
3/31/2019
51,428
10,272
N/A
14,897
N/A
12/31/2018
51,179
8,291
N/A
13,416
N/A
9/30/2018
58,225
6,207
N/A
11,362
N/A
6/30/2018
57,542
6,671
N/A
9,400
N/A
3/31/2018
54,634
7,537
N/A
9,763
N/A
12/31/2017
44,437
11,542
N/A
11,889
N/A
9/30/2017
51,593
13,105
N/A
13,387
N/A
6/30/2017
48,327
13,318
N/A
15,461
N/A
3/31/2017
43,904
13,066
N/A
16,427
N/A
12/31/2016
38,179
11,605
N/A
15,488
N/A
9/30/2016
33,983
10,086
N/A
13,223
N/A
6/30/2016
31,443
9,228
N/A
11,695
N/A
3/31/2016
27,058
7,931
N/A
9,245
N/A
12/31/2015
22,803
6,735
N/A
8,077
N/A
9/30/2015
18,363
5,842
N/A
6,866
N/A
6/30/2015
14,808
5,119
N/A
5,827
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NETE34's forecast earnings growth (8.3% per year) is below the savings rate (12.4%).
Earnings vs Market: NETE34's earnings (8.3% per year) are forecast to grow slower than the BR market (12.3% per year).
High Growth Earnings: NETE34's earnings are forecast to grow, but not significantly.
Revenue vs Market: NETE34's revenue (7.1% per year) is forecast to grow faster than the BR market (6.5% per year).
High Growth Revenue: NETE34's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NETE34's Return on Equity is forecast to be high in 3 years time (20.2%)
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/07 03:24
End of Day Share Price
2026/05/06 00:00
Earnings
2025/12/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NetEase, Inc. is covered by 69 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.