NetEase Inc. (NTES)
NetEase Statistics
Share Statistics
NetEase has 644.49M shares outstanding. The number of shares has increased by 3.52% in one year.
| Shares Outstanding | 644.49M |
| Shares Change (YoY) | 3.52% |
| Shares Change (QoQ) | 3.55% |
| Owned by Institutions (%) | 2.18% |
| Shares Floating | 643.97M |
| Failed to Deliver (FTD) Shares | 5 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 4.84M, so 0.78% of the outstanding shares have been sold short.
| Short Interest | 4.84M |
| Short % of Shares Out | 0.78% |
| Short % of Float | 0.78% |
| Short Ratio (days to cover) | 2.6 |
Valuation Ratios
The PE ratio is 14.17 and the forward PE ratio is 1.89. NetEase's PEG ratio is 9.16.
| PE Ratio | 14.17 |
| Forward PE | 1.89 |
| PS Ratio | 4 |
| Forward PS | 0.5 |
| PB Ratio | 3.03 |
| P/FCF Ratio | 10.96 |
| PEG Ratio | 9.16 |
Enterprise Valuation
NetEase has an Enterprise Value (EV) of 2,065B.
| EV / Sales | 19.61 |
| EV / EBITDA | 64.53 |
| EV / EBIT | 52.04 |
| EV / FCF | 53.77 |
Financial Position
The company has a current ratio of 3.09, with a Debt / Equity ratio of 0.09.
| Current Ratio | 3.09 |
| Quick Ratio | 3.08 |
| Debt / Equity | 0.09 |
| Debt / EBITDA | 0.38 |
| Debt / FCF | 0.32 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 21.41% and Return on Invested Capital is 15.85%.
| Return on Equity | 21.41% |
| Return on Assets | 15.15% |
| Return on Invested Capital | 15.85% |
| Revenue Per Employee | $3.61M |
| Profits Per Employee | $1.02M |
| Employee Count | 29,128 |
| Asset Turnover | 0.54 |
| Inventory Turnover | 69.09 |
Taxes
| Income Tax | 5.46B |
| Effective Tax Rate | 15.29% |
Stock Price Statistics
The stock price has increased by 9.26% in the last 52 weeks. The beta is 0.82, so NetEase's price volatility has been higher than the market average.
| Beta | 0.82 |
| 52-Week Price Change | 9.26% |
| 50-Day Moving Average | 102.39 |
| 200-Day Moving Average | 91.9 |
| Relative Strength Index (RSI) | 56.76 |
| Average Volume (20 Days) | 1.38M |
Income Statement
In the last 12 months, NetEase had revenue of 105.3B and earned 29.7B in profits. Earnings per share was 9.19.
| Revenue | 105.3B |
| Gross Profit | 65.81B |
| Operating Income | 29.58B |
| Net Income | 29.7B |
| EBITDA | 32B |
| EBIT | 29.58B |
| Earnings Per Share (EPS) | 9.19 |
Balance Sheet
The company has 51.38B in cash and 12.23B in debt, giving a net cash position of 39.15B.
| Cash & Cash Equivalents | 51.38B |
| Total Debt | 12.23B |
| Net Cash | 39.15B |
| Retained Earnings | 0 |
| Total Assets | 195.99B |
| Working Capital | 103.66B |
Cash Flow
In the last 12 months, operating cash flow was 39.68B and capital expenditures -1.28B, giving a free cash flow of 38.4B.
| Operating Cash Flow | 39.68B |
| Capital Expenditures | -1.28B |
| Free Cash Flow | 38.4B |
| FCF Per Share | 11.88 |
Margins
Gross margin is 62.5%, with operating and profit margins of 28.1% and 28.2%.
| Gross Margin | 62.5% |
| Operating Margin | 28.1% |
| Pretax Margin | 33.92% |
| Profit Margin | 28.2% |
| EBITDA Margin | 30.39% |
| EBIT Margin | 28.1% |
| FCF Margin | 36.47% |
Dividends & Yields
NTES pays an annual dividend of $3.66, which amounts to a dividend yield of 2.53%.
| Dividend Per Share | $3.66 |
| Dividend Yield | 2.53% |
| Dividend Growth (YoY) | 13.03% |
| Payout Ratio | 57.78% |
| Earnings Yield | 7.06% |
| FCF Yield | 1.83% |
Analyst Forecast
The average price target for NTES is $115, which is 9.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $115 |
| Price Target Difference | 9.6% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
Stock Splits
The last stock split was on Oct 2, 2020. It was a forward split with a ratio of 5:1.
| Last Split Date | Oct 2, 2020 |
| Split Type | forward |
| Split Ratio | 5:1 |
Scores
| Altman Z-Score | 2.44 |
| Piotroski F-Score | 6 |