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NetEase, Inc.SEHK:9999 Stock Report

Market Cap HK$749.5b
Share Price
HK$236.60
My Fair Value
HK$239.47
1.2% undervalued intrinsic discount
1Y46.9%
7D2.7%
Portfolio Value
View

NetEase, Inc.

SEHK:9999 Stock Report

Market Cap: HK$749.5b

NetEase (9999) Stock Overview

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally. More details

9999 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends2/6

Rewards

Risk Analysis

No risks detected for 9999 from our risk checks.

9999 Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

NetEase, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for NetEase
Historical stock prices
Current Share PriceHK$236.60
52 Week HighHK$248.00
52 Week LowHK$116.00
Beta0.82
1 Month Change12.67%
3 Month Change13.31%
1 Year Change46.87%
3 Year Change91.42%
5 Year Change71.20%
Change since IPO82.00%

Recent News & Updates

Some Shareholders Feeling Restless Over NetEase, Inc.'s (HKG:9999) P/E Ratio

Aug 29
Some Shareholders Feeling Restless Over NetEase, Inc.'s (HKG:9999) P/E Ratio

Do NetEase's (HKG:9999) Earnings Warrant Your Attention?

Aug 18
Do NetEase's (HKG:9999) Earnings Warrant Your Attention?

Recent updates

Some Shareholders Feeling Restless Over NetEase, Inc.'s (HKG:9999) P/E Ratio

Aug 29
Some Shareholders Feeling Restless Over NetEase, Inc.'s (HKG:9999) P/E Ratio

Do NetEase's (HKG:9999) Earnings Warrant Your Attention?

Aug 18
Do NetEase's (HKG:9999) Earnings Warrant Your Attention?

Calculating The Fair Value Of NetEase, Inc. (HKG:9999)

Aug 05
Calculating The Fair Value Of NetEase, Inc. (HKG:9999)

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

Jul 13
Is NetEase (HKG:9999) Using Too Much Debt?

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

Jun 30
What Is NetEase, Inc.'s (HKG:9999) Share Price Doing?

We Think NetEase's (HKG:9999) Profit Is Only A Baseline For What They Can Achieve

May 23
We Think NetEase's (HKG:9999) Profit Is Only A Baseline For What They Can Achieve

NetEase, Inc. Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next

May 18
NetEase, Inc. Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next

NetEase (HKG:9999) Ticks All The Boxes When It Comes To Earnings Growth

May 16
NetEase (HKG:9999) Ticks All The Boxes When It Comes To Earnings Growth

Subdued Growth No Barrier To NetEase, Inc.'s (HKG:9999) Price

May 01
Subdued Growth No Barrier To NetEase, Inc.'s (HKG:9999) Price

NetEase (HKG:9999) Is Aiming To Keep Up Its Impressive Returns

Apr 09
NetEase (HKG:9999) Is Aiming To Keep Up Its Impressive Returns

An Intrinsic Calculation For NetEase, Inc. (HKG:9999) Suggests It's 22% Undervalued

Mar 25
An Intrinsic Calculation For NetEase, Inc. (HKG:9999) Suggests It's 22% Undervalued

At HK$162, Is It Time To Put NetEase, Inc. (HKG:9999) On Your Watch List?

Mar 10
At HK$162, Is It Time To Put NetEase, Inc. (HKG:9999) On Your Watch List?

We Think NetEase (HKG:9999) Can Manage Its Debt With Ease

Jan 14
We Think NetEase (HKG:9999) Can Manage Its Debt With Ease

Why You Should Care About NetEase's (HKG:9999) Strong Returns On Capital

Dec 27
Why You Should Care About NetEase's (HKG:9999) Strong Returns On Capital

NetEase, Inc. (HKG:9999) Shares Could Be 37% Below Their Intrinsic Value Estimate

Dec 09
NetEase, Inc. (HKG:9999) Shares Could Be 37% Below Their Intrinsic Value Estimate

NetEase, Inc.'s (HKG:9999) 26% Share Price Surge Not Quite Adding Up

Dec 09
NetEase, Inc.'s (HKG:9999) 26% Share Price Surge Not Quite Adding Up
User avatar

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.

NetEase's (HKG:9999) Solid Earnings Have Been Accounted For Conservatively

Nov 21
NetEase's (HKG:9999) Solid Earnings Have Been Accounted For Conservatively

Risks To Shareholder Returns Are Elevated At These Prices For NetEase, Inc. (HKG:9999)

Oct 23
Risks To Shareholder Returns Are Elevated At These Prices For NetEase, Inc. (HKG:9999)

Shareholder Returns

9999HK EntertainmentHK Market
7D2.7%2.1%2.9%
1Y46.9%45.0%20.7%

Return vs Industry: 9999 exceeded the Hong Kong Entertainment industry which returned 45% over the past year.

Return vs Market: 9999 exceeded the Hong Kong Market which returned 20.7% over the past year.

Price Volatility

Is 9999's price volatile compared to industry and market?
9999 volatility
9999 Average Weekly Movement4.5%
Entertainment Industry Average Movement8.7%
Market Average Movement7.3%
10% most volatile stocks in HK Market15.8%
10% least volatile stocks in HK Market3.4%

Stable Share Price: 9999 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 9999's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199726,028William Dingir.netease.com

NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally. The company operates through Games and Related Value-Added Services; Youdao; NetEase Cloud Music; and Innovative Businesses and Others segments. It develops and operates mobile and PC games; and offers games licensed from other developers.

NetEase, Inc. Fundamentals Summary

How do NetEase's earnings and revenue compare to its market cap?
9999 fundamental statistics
Market capHK$749.54b
Earnings (TTM)HK$37.38b
Revenue (TTM)HK$119.86b
20.0x
P/E Ratio
6.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9999 income statement (TTM)
RevenueCN¥109.68b
Cost of RevenueCN¥40.40b
Gross ProfitCN¥69.28b
Other ExpensesCN¥35.07b
EarningsCN¥34.21b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)10.80
Gross Margin63.17%
Net Profit Margin31.19%
Debt/Equity Ratio7.3%

How did 9999 perform over the long term?

See historical performance and comparison

Dividends

1.7%
Current Dividend Yield
39%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/05 20:00
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 85 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sau Shing ChowABCI Securities Company Limited
Tianli WenAletheia Analyst Network Limited
Zixiao YangArete Research Services LLP