NTES
TechnologyNetEase, Inc. · Electronic Gaming & Multimedia · $84B
What is NetEase, Inc.?
NetEase is a large-cap Chinese technology company operating across online gaming, music streaming, and intelligent learning services in China and select international markets.
NetEase generates revenue primarily through PC and mobile games it develops and licenses, alongside its Youdao education platform, NetEase Cloud Music streaming service, and an e-commerce operation called Yanxuan. The company also runs one of China's major internet news portals, diversifying its revenue across digital entertainment and services.
Founded in 2000 and headquartered in Hangzhou, China.
- PC and mobile online games
- Youdao education and smart learning tools
- NetEase Cloud Music streaming platform
- Yanxuan private-label e-commerce
Is NTES a Good Stock to Buy?
UQS Score rates NTES as Good overall.
The Risk pillar stands out as a clear strength, suggesting the business carries a conservative financial profile relative to peers. The Valuation pillar is rated Attractive, meaning the stock does not appear expensive relative to its fundamentals. Quality is rated Good, reflecting a reasonably well-run operation.
Growth is rated Weak, pointing to limited near-term expansion momentum, while Moat is Neutral — competitive advantages exist but are not considered wide by UQS criteria.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does NTES pay dividends?
Yes — NetEase, Inc. pays a dividend.
NetEase pays a regular dividend, which is relatively uncommon among large-cap technology companies based in China. This reflects the company's mature cash generation and management's willingness to return capital to shareholders alongside ongoing investment in its gaming and education businesses.
When does NTES report earnings?
NetEase reports earnings on a quarterly cadence, consistent with its listing as a US-traded ADR.
The company's results have generally reflected steady contributions from its core gaming segment, with Youdao and Cloud Music adding diversified revenue streams. Growth has moderated in recent periods, consistent with the Weak Growth pillar rating in the UQS framework.
For the most recent quarter's results, visit NetEase's investor relations page directly.
NTES Price History
+38.6% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in NetEase, Inc.?
Based on NetEase, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does NetEase do?
NetEase operates online games, a music streaming platform, an education technology business under the Youdao brand, and an e-commerce platform called Yanxuan. It also runs a major Chinese internet news portal. Gaming remains its largest revenue contributor.
Does NTES pay dividends?
Yes, NetEase pays a regular dividend. This is notable for a technology company in the Chinese internet sector and reflects the company's ability to generate consistent cash flows from its gaming and digital services businesses.
When does NTES report earnings?
NetEase reports on a quarterly basis, as is standard for US-listed ADRs. For the exact schedule and most recent results, check the investor relations section of the NetEase corporate website.
Is NTES a good stock to buy?
UQS Score rates NTES as Good overall. The Valuation pillar is Attractive and Risk is Strong, which may appeal to quality-conscious investors. However, the Weak Growth rating and Neutral Moat are factors worth weighing. The full pillar breakdown is available to Pro members.
Is NTES overvalued?
The UQS Valuation pillar for NTES is rated Attractive, suggesting the stock is not considered expensive relative to its fundamentals within the UQS framework. View the complete valuation analysis by signing up for a Pro account.
What is NTES's market cap bracket?
NetEase is classified as a large-cap company, reflecting its significant scale within the Chinese technology and online gaming sector.
Is NTES a long-term quality indicator?
From a long-term quality perspective, NTES scores Good on the UQS composite. Its Strong Risk rating and Good Quality pillar suggest financial stability, though the Weak Growth and Neutral Moat ratings indicate investors should monitor competitive dynamics and expansion trends over time.
What sector does NTES belong to?
NetEase is classified in the Technology sector. Its primary business lines — online gaming, music streaming, and education technology — are all digital services, though it also operates an e-commerce platform and internet content portal.
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Pro Analysis
NTES — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| Jul 7, 2026 | 62.6 | 73.0 | 46.0 | 27.3 | 85.4 | 97.2 | 0.0 |
| Jul 4, 2026 | 62.6 | 73.2 | 46.0 | 27.1 | 85.4 | 97.1 | -0.1 |
| Jul 3, 2026 | 62.7 | 73.6 | 46.0 | 27.0 | 85.4 | 97.3 | 0.0 |
| Jul 2, 2026 | 62.7 | 73.4 | 46.0 | 27.0 | 85.4 | 97.3 | 0.0 |
| Jul 1, 2026 | 62.7 | 73.4 | 46.0 | 27.1 | 85.4 | 97.3 | -0.3 |
| Jun 28, 2026 | 63.0 | 74.6 | 46.0 | 27.0 | 85.4 | 97.7 | -0.1 |
| Jun 27, 2026 | 63.1 | 74.6 | 46.0 | 27.4 | 85.4 | 97.6 | -0.1 |
| Jun 26, 2026 | 63.2 | 75.0 | 46.0 | 27.4 | 85.4 | 97.9 | +0.2 |
| Jun 25, 2026 | 63.0 | 74.7 | 46.0 | 27.3 | 85.4 | 96.7 | -0.1 |
| Jun 24, 2026 | 63.1 | 74.7 | 46.0 | 27.4 | 85.4 | 97.8 | +0.1 |
NTES — Pillar Breakdown
Quality
— 73.0/100 (25%)NetEase, Inc. shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 27.3/100 (20%)NetEase, Inc. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 85.4/100 (15%)NetEase, Inc. carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 97.0/100 (15%)NetEase, Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 46/100 (25%)NetEase, Inc. possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for NTES.
Score Composition
Financial Data
More Stock Analysis
How is the NTES UQS Score Calculated?
The UQS (Unified Quality Score) for NetEase, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses NetEase, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether NetEase, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.