Pricing Log in Create free account
Friday 6 November 2026 Export NTES’s income statement to Excel — free account

NetEase, Inc.

NTES Communication Services Electronic Gaming & Multimedia

NetEase, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.1 billion, up 11.6% from fiscal 2024.

Revenue
+14.0%
EPS
−14.4%
Free cash flow
+1.53%
Total debt
+18.0%

Quarter to June 2026, against a year earlier

129.72 3.16 +2.50%
Market cap
$80.6B
P/E
16.9×
Fwd P/E
12.5×
Dividend yield
2.31%
F-score
9/9
Altman Z
9.21
Beneish M
−2.86
Dividend safety
69/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

NetEase, Inc. (NTES) Current ratio

Alert me on Current ratio

NetEase, Inc.'s current ratio at the end of the quarter to 30 June 2026 was 3.5×, up 0.0× from fiscal 2025 (3.4×). Over the past ten years it has ranged from 2.0× (fiscal 2018) to 3.4× (fiscal 2025) — the current reading is the highest in ten years. That is above the Electronic Gaming & Multimedia industry median of 1.6× and above the Communication Services sector median of 1.3×.

Current ratio, annual

Embed this chart

Annual newest first

Period Current ratio Change
FY2025 3.4× 11.72%
FY2024 3.1× 16.48%
FY2023 2.7× 14.44%
FY2022 2.3× 3.39%
FY2021 2.2× (2.90%)
FY2020 2.3× 3.66%
FY2019 2.2× 13.70%
FY2018 2.0× (24.96%)
FY2017 2.6× 2.07%
FY2016 2.6× (13.35%)

Quarterly newest first

Period Current ratio Change
Jun 2026 3.5× 5.14%
Mar 2026 3.3× (4.76%)
Dec 2025 3.4× 0.90%
Sep 2025 3.4× 5.83%
42 more quarters

Against its own ten years

Low 2.0× High 3.4×
Ten-year median 2.6×
Current reading's percentile 100

Current ratio against peers

Company Current ratio
DDI DoubleDown Interactive Co., Ltd. Sponsored ADR compare 18.7×
GRVY GRAVITY Co., Ltd. compare 7.2×
NTES NetEase, Inc. 3.5×
SOHU Sohu.com Inc. compare 3.0×
PLTK Playtika Holding Corp. compare 1.1×
TTWO Take-Two Interactive Software, Inc. compare 1.1×
FIRY Firy Inc. compare 1.0×
RBLX Roblox Corporation compare 0.8×
GDEV GDEV Inc. compare 0.7×
Electronic Gaming & Multimedia industry median 1.6×
Communication Services sector median 1.3×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

More on NTES