NetEase, Inc. (NTES) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for NetEase, Inc., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 18.20x | 14.17x | 14.61x | 16.08x | 25.51x | 34.25x |
| P/B Ratio | 3.83x | 3.03x | 3.46x | 3.12x | 4.51x | 5.03x |
| P/S Ratio | 5.45x | 4.00x | 4.15x | 3.39x | 4.91x | 5.61x |
| Profitability | ||||||
| Gross Margin | 64.3% | 62.5% | 60.9% | 54.7% | 53.6% | 52.9% |
| Operating Margin | 31.8% | 28.1% | 26.8% | 20.3% | 18.7% | 19.7% |
| Net Margin | 30.0% | 28.2% | 28.4% | 21.1% | 19.2% | 16.4% |
| EBITDA Margin | 33.8% | 30.4% | 29.7% | 23.3% | 22.5% | 24.4% |
| Liquidity | ||||||
| Current Ratio | 3.45x | 3.09x | 2.65x | 2.32x | 2.24x | 2.31x |
| Quick Ratio | 3.44x | 3.08x | 2.64x | 2.30x | 2.22x | 2.29x |
| Leverage | ||||||
| Debt/Equity | 0.04x | 0.09x | 0.16x | 0.27x | 0.23x | 0.25x |
YoY = year-over-year change. Source: FMP..