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Netease Inc (HK:9999)
:9999
Hong Kong Market

Netease Inc (9999) Ratios

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Netease Inc Ratios

HK:9999's free cash flow for Q3 2025 was ¥0.64. For the 2025 fiscal year, HK:9999's free cash flow was decreased by ¥ and operating cash flow was ¥0.28. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
3.42 3.09 2.65 2.32 2.24
Quick Ratio
3.41 3.08 2.64 2.30 2.22
Cash Ratio
0.63 1.03 0.40 0.44 0.29
Solvency Ratio
0.72 0.60 0.56 0.36 0.37
Operating Cash Flow Ratio
0.98 0.80 0.66 0.49 0.49
Short-Term Operating Cash Flow Coverage
6.66 3.36 1.84 1.16 1.29
Net Current Asset Value
¥ 117.65B¥ 99.83B¥ 84.85B¥ 67.72B¥ 58.75B
Leverage Ratios
Debt-to-Assets Ratio
0.03 0.07 0.11 0.16 0.13
Debt-to-Equity Ratio
0.05 0.09 0.16 0.26 0.22
Debt-to-Capital Ratio
0.04 0.08 0.14 0.21 0.18
Long-Term Debt-to-Capital Ratio
0.00 <0.01 <0.01 0.03 0.01
Financial Leverage Ratio
1.37 1.41 1.50 1.65 1.61
Debt Service Coverage Ratio
4.27 2.25 1.35 0.67 0.80
Interest Coverage Ratio
0.00 0.00 0.00 9.13 0.00
Debt to Market Cap
0.01 0.03 0.05 0.08 0.05
Interest Debt Per Share
2.30 4.00 6.30 9.09 6.20
Net Debt to EBITDA
-0.64 -1.21 -0.03 0.16 0.37
Profitability Margins
Gross Profit Margin
63.47%62.50%60.95%54.68%53.62%
EBIT Margin
31.60%28.10%26.78%20.34%18.74%
EBITDA Margin
33.59%30.39%29.73%23.30%22.48%
Operating Profit Margin
31.60%28.10%26.78%20.34%18.74%
Pretax Profit Margin
38.91%33.92%32.92%25.13%24.09%
Net Profit Margin
32.45%28.20%28.43%21.08%19.24%
Continuous Operations Profit Margin
33.40%28.73%28.37%19.92%19.38%
Net Income Per EBT
83.39%83.15%86.37%83.87%79.87%
EBT Per EBIT
123.14%120.73%122.91%123.55%128.55%
Return on Assets (ROA)
16.92%15.15%15.82%11.77%10.97%
Return on Equity (ROE)
24.67%21.41%23.67%19.42%17.68%
Return on Capital Employed (ROCE)
21.49%20.22%20.98%16.93%15.92%
Return on Invested Capital (ROIC)
17.66%15.83%15.76%11.11%10.75%
Return on Tangible Assets
17.24%15.75%16.52%12.37%11.52%
Earnings Yield
6.45%7.14%7.18%6.16%3.95%
Efficiency Ratios
Receivables Turnover
18.76 18.57 16.11 19.29 12.40
Payables Turnover
56.86 54.80 45.86 29.01 41.25
Inventory Turnover
64.09 69.09 58.11 44.01 42.12
Fixed Asset Turnover
13.13 12.36 11.73 15.21 16.12
Asset Turnover
0.52 0.54 0.56 0.56 0.57
Working Capital Turnover Ratio
0.96 1.09 1.26 1.40 1.42
Cash Conversion Cycle
18.74 18.27 20.98 14.64 29.25
Days of Sales Outstanding
19.46 19.65 22.66 18.92 29.43
Days of Inventory Outstanding
5.70 5.28 6.28 8.29 8.67
Days of Payables Outstanding
6.42 6.66 7.96 12.58 8.85
Operating Cycle
25.16 24.93 28.94 27.22 38.10
Cash Flow Ratios
Operating Cash Flow Per Share
15.33 12.40 10.87 8.49 7.49
Free Cash Flow Per Share
14.69 12.00 9.55 7.68 6.56
CapEx Per Share
0.64 0.40 1.32 0.81 0.94
Free Cash Flow to Operating Cash Flow
0.96 0.97 0.88 0.90 0.88
Dividend Paid and CapEx Coverage Ratio
3.20 3.19 2.87 2.96 3.77
Capital Expenditure Coverage Ratio
23.95 31.11 8.26 10.48 8.02
Operating Cash Flow Coverage Ratio
6.66 3.10 1.72 1.01 1.21
Operating Cash Flow to Sales Ratio
0.44 0.38 0.34 0.29 0.28
Free Cash Flow Yield
8.41%9.23%7.58%7.60%5.11%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
15.36 14.01 14.63 16.22 25.31
Price-to-Sales (P/S) Ratio
4.94 3.95 4.16 3.42 4.87
Price-to-Book (P/B) Ratio
3.57 3.00 3.46 3.15 4.48
Price-to-Free Cash Flow (P/FCF) Ratio
11.79 10.83 13.86 13.16 19.55
Price-to-Operating Cash Flow Ratio
11.39 10.49 12.18 11.91 17.11
Price-to-Earnings Growth (PEG) Ratio
2.50 9.86 0.31 0.71 0.65
Price-to-Fair Value
3.57 3.00 3.46 3.15 4.48
Enterprise Value Multiple
14.08 11.79 13.96 14.79 21.97
Enterprise Value
533.77B 377.45B 408.83B 333.52B 433.80B
EV to EBITDA
14.21 11.79 13.29 14.83 22.03
EV to Sales
4.77 3.58 3.95 3.46 4.95
EV to Free Cash Flow
11.38 9.83 13.16 13.31 19.88
EV to Operating Cash Flow
10.91 9.51 11.57 12.04 17.40
Tangible Book Value Per Share
49.15 42.20 37.00 31.43 28.44
Shareholders’ Equity Per Share
48.96 43.33 38.24 32.09 28.66
Tax and Other Ratios
Effective Tax Rate
0.14 0.15 0.14 0.21 0.20
Revenue Per Share
35.04 32.90 31.83 29.57 26.34
Net Income Per Share
11.37 9.28 9.05 6.23 5.07
Tax Burden
0.83 0.83 0.86 0.84 0.80
Interest Burden
1.23 1.21 1.23 1.24 1.29
Research & Development to Revenue
0.16 0.17 0.16 0.16 0.16
SG&A to Revenue
0.04 0.04 0.05 0.05 0.05
Stock-Based Compensation to Revenue
0.03 0.04 0.03 0.03 0.03
Income Quality
1.31 1.31 1.20 1.44 1.47
Currency in CNY