NetEase (NETTF) Divestments (2017 - 2023)
NetEase (NETTF) reported Divestments of $2.9 million for Q3 2023, down 99.13% on a YoY basis from $333.0 million in Q3 2022, and up 22.41% quarter-over-quarter from $2.4 million in Q2 2023.
NetEase (NETTF) Divestments (2017 - 2023) Analysis & Trends
NetEase has reported Divestments for 5 years, with the latest figure at $2.9 million in Q3 2023.
- For the quarter ending Q3 2023, Divestments fell 99.13% year-over-year to $2.9 million; the trailing twelve-month figure through Sep 2023 stood at $24.3 million (down 98.19% YoY), and the FY2022 full-year result was $13.0 million, down 92.55% from the prior year.
- Divestments for Q3 2023 stood at $2.9 million, up from $2.4 million in the prior quarter.
- The five-year high for Divestments was $1.0 billion in Q4 2019, with the low at $972513.1 in Q2 2022.
- Historically, Divestments has averaged $154.4 million across 3 years, with a median of $13.0 million in 2022.
- Annual changes were most pronounced in 2019 — Divestments soared 1464.35% — and 2023, when it sank 99.13%.
- NetEase's Divestments stood at $1.0 billion in 2019, then slumped by 98.7% to $13.0 million in 2022, then plunged by 77.86% to $2.9 million in 2023.
- The last three Divestments figures came in at $2.9 million (Q3 2023), $2.4 million (Q2 2023), and $6.0 million (Q1 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 50.63 Bn | 47.77 Bn | 1.76 Bn | - |
| 2 | Take Two Interactive Software | 39.05 Bn | 37.06 Bn | 938.70 Mn | - |
| 3 | Roblox | 30.61 Bn | 27.39 Bn | 1.15 Bn | - |
| 4 | Playtika Holding | 1.16 Bn | 382.18 Mn | 384.10 Mn | - |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | - |
| 6 | Gdev | 243.40 Mn | 135.08 Mn | 75.00 Mn | - |
| 7 | Meridian Holdings | 161.93 Mn | 147.40 Mn | 28.14 Mn | - |
| 8 | Skillz | 141.06 Mn | -18.87 Mn | 25.51 Mn | - |
| 9 | Brag House Holdings | 90.80 Mn | 90.66 Mn | - | - |
| 10 | NetEase | - | - | 3.06 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 2.89 Mn |
| Jun 30, 2023 | 2.36 Mn |
| Mar 31, 2023 | 6.03 Mn |
| Dec 31, 2022 | 13.05 Mn |
| Sep 30, 2022 | 332.99 Mn |
| Jun 30, 2022 | 972,513.06 |
| Mar 31, 2022 | 5.39 Mn |
| Dec 31, 2019 | 1.01 Bn |
| Sep 30, 2019 | 212.34 Mn |
| Jun 30, 2019 | 20.05 Mn |
| Mar 31, 2019 | 96.43 Mn |
| Dec 31, 2018 | -73.75 Mn |
| Sep 30, 2018 | 116.04 Mn |
| Sep 30, 2017 | 51.05 Mn |
| Jun 30, 2017 | 1.46 Mn |